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  "documentTitle": "Summit Hotel Properties | Results Presentation Deck | 33 slides",
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  "presentationDate": "2023-08-01 00:00:00",
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      "text": "(1) Non-cash interest income relates to the amortization of the discount on certain notes receivable. The discount on these notes receivable was recorded at inception of the related loans based on the estimated value of the embedded purchase options in the notes receivable.",
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      "text": "For the Three Months Ended June 30, 2023, 2022; For the Six Months Ended June 30, 2023, 2022; Net income (loss) $890, $23,313, $(1,080), $14,340; Depreciation and amortization 37,510, 38,058, 74,418, 74,332; Interest expense 22,248, 15,118, 43,157, 28,557; Interest income (157), (4), (240), (6); Income tax expense 791, 6,437, 319, 4,437; EBITDA $61,282, $82,922, $116,574, $121,660; Loss (gain) on disposal of assets and other dispositions, net 320, (20,484), 368, (20,484); EBITDAre $61,602, $62,438, $116,942, $101,176; Recoveries of credit losses -, (250), (250), (250); Amortization of key money liabilities (121), (123), (257), (123); Equity-based compensation 2,578, 2,142, 4,046, 5,840; Transaction costs and other 259, 716, 352, 716; Non-cash interest (income) expense, net (1) (133), 9, (263), (113); Non-cash lease expense, net 129, 130, 262, 258; Casualty losses, net 935, 119, 1,471, 304; Loss (income) related to non-controlling interests in consolidated joint ventures 2,971, (9,031), 3,651, (8,949); Other non-cash items, net -, -, 713, -; Adjustments related to non-controlling interests in consolidated joint ventures (15,324), (1,558), (29,336), (11,346); Adjusted EBITDAre $52,896, $54,592, $97,331, $87,513",
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      "text": "Adjusted EBITDAre Reconciliation",
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