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  "documentTitle": "Summit Hotel Properties | Investor Presentation Deck | 46 slides",
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      "text": "Summit: 46%, Peer Avg: 36%",
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      "text": "Total Variable Debt\nTotal Fixed Debt + Preferred",
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      "text": "Minimal Near-Term Debt Maturities (1,3)\nOnly 10% of debt maturing through 2024 limiting interest rate refinancing risk",
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      "text": "Limited Variable-Rate Debt Exposure (1,3)\nOnly 28% of total debt and preferred with variable interest rate which is commensurate with the overall industry",
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      "text": "Note: total liquidity represented above as a % of equity market cap",
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      "text": "(1) Based on financials and pro rata debt as of December 5, 2022. Assumes fully-extended maturity dates for all loans.\n(2) Summit's market close price of December 5, 2022. Amounts are pro rata.\n(3) Peer data from SNL based on the most recent reported data available.",
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