Content analysis
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H.S. junior Avg
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New words:
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Removed:
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Financial report summary
?Risks
- Failure to consummate the proposed Mergers within the expected timeframe or at all could have a material adverse impact on our business, results of operations and financial condition.
- The announcement and pendency of the proposed Mergers may adversely affect our business, results of operations and financial condition.
Management Discussion
- Results of Operations discusses the Company’s and ESH REIT’s condensed consolidated financial statements, each of which have been prepared in accordance with U.S. GAAP. The condensed consolidated financial statements of the Company include the financial position, results of operations, comprehensive income, changes in equity and cash flows of the Corporation and its subsidiaries, including ESH REIT. Third-party equity interests in ESH REIT, which consist primarily of the Class B common stock of ESH REIT and represent 42% of ESH REIT’s total common equity, are not owned by the Corporation and therefore are presented as noncontrolling interests. The condensed consolidated financial statements of ESH REIT include the financial position, results of operations, comprehensive income, changes in equity and cash flows of ESH REIT and its subsidiaries.