Sunstone Hotel Investors Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	2,786	2,867	2,601	2,856	2,749	2,520
Total Real Estate Assets	2,786	2,867	2,601	2,856	2,749	2,520
Cash & Equivalents	121.14	107.2	426.4	101.22	120.48	368.41
Accounts Receivable	29.44	18.69	14.43	42.09	16.06	8.11
Other Receivables	-	15.42	16.78	-	12.68	0.46
Other Intangible Assets	0.93	0.93	0.93	-	0.83	20.42
Restricted Cash	76.43	73.08	67.3	55.98	42.23	47.73
Other Current Assets	25.3	20.99	17.31	27.3	90.64	10.44
Trading Asset Securities	0.71	0.56	0.42	0.27	0	-
Deferred Long-Term Charges	8.65	2.22	3.63	-	2.58	4.35
Other Long-Term Assets	0.64	0.8	0.98	-	6.46	5.68
Total Assets	3,049	3,107	3,149	3,083	3,041	2,986
Current Portion of Long-Term Debt	65	325	299.05	-	21.44	2.26
Current Portion of Leases	-	-	-	-	5.59	5.03
Long-Term Debt	853.27	516.05	515.91	812.68	590.23	748.24
Long-Term Leases	8.57	12.02	16.74	19.01	25.12	45.52
Accounts Payable	63.94	52.72	48.41	73.74	42.12	32.3
Accrued Expenses	20	16.36	14.57	16	40.89	32.61
Current Income Taxes Payable	-	-	2.86	-	-	-
Current Unearned Revenue	-	-	-	-	33.75	13.34
Other Current Liabilities	22.06	24.14	29.97	14	31.98	5.26
Long-Term Unearned Revenue	49.9	50.07	48.14	54.2	6.67	7.91
Other Long-Term Liabilities	7.14	6.27	7.04	8.23	3.5	3.87
Total Liabilities	1,090	1,003	982.68	997.86	801.28	896.34
Preferred Stock, Redeemable	281.25	281.25	281.25	281.25	281.25	190
Total Preferred Equity	281.25	281.25	281.25	281.25	281.25	190
Common Stock	1.9	2.01	2.04	2.09	2.19	2.16
Additional Paid-In Capital	2,298	2,396	2,416	2,466	2,631	2,586
Distributions in Excess of Earnings	-621.63	-574.94	-533.06	-	-715.96	-729.62
Retained Earnings	-	-	-	-663.98	-	-
Total Common Equity	1,678	1,823	1,885	1,804	1,918	1,859
Minority Interest	-	-	-	-	40.81	40.74
Shareholders' Equity	1,960	2,104	2,167	2,085	2,240	2,089
Total Liabilities & Equity	3,049	3,107	3,149	3,083	3,041	2,986
Total Debt	926.85	853.07	831.7	831.69	642.37	801.05
Net Cash (Debt)	-805	-745.31	-404.88	-730.2	-521.88	-432.65
Net Cash Per Share	-4.08	-3.68	-1.97	-3.43	-2.41	-2.00
Filing Date Shares Outstanding	189.9	201.02	203.53	208.17	219.33	215.59
Total Common Shares Outstanding	189.91	200.82	203.48	209.32	219.33	215.59
Book Value Per Share	8.84	9.08	9.27	8.62	8.74	8.62
Tangible Book Value	1,677	1,822	1,884	1,804	1,917	1,838
Tangible Book Value Per Share	8.83	9.07	9.26	8.62	8.74	8.53
Land	641.92	645.88	614.11	672.53	604.69	571.21
Buildings	2,903	2,824	2,587	2,794	2,729	2,524
Construction In Progress	31.52	147.25	61.25	71.69	41.26	15.83

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.