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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 6,289,950 $ 5,987,053
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,938,077 9,587,240
Amortization of deferred financing costs 442,510 310,190
Amortization of deferred lease expense 15,043  
Amortization of mortgage premium (12,341) (12,341)
Amortization of finance lease liabilities 830,373  
Gain on involuntary conversion of assets (4,123,265) (235,037)
Unrealized and realized (gain)loss on hedging activities (53,935) 791,421
Gain on sale of assets   (4,400)
Loss on early extinguishment of debt   241,878
ESOP and stock / unit - based compensation 382,246 303,783
Changes in assets and liabilities:    
Accounts receivable 1,537,104 332,763
Prepaid expenses, inventory and other assets (1,215,489) (1,347,134)
Accounts payable and other accrued liabilities (2,773,074) 1,095,976
Advance deposits (1,123,016) (390,832)
Net cash provided by operating activities 10,134,183 16,660,560
Cash flows from investing activities:    
Improvements and additions to hotel properties (8,980,616) (5,241,788)
Proceeds from involuntary conversion 4,180,113 235,037
Proceeds from sale of assets   4,400
Net cash provided by (used in) investing activities (4,800,503) (5,002,351)
Cash flows from financing activities:    
Proceeds from mortgage loans   35,000,000
Redemption of interest rate swap   965,000
Payments on mortgage loans (2,976,488) (30,209,018)
Payments on unsecured notes (494,488) (395,046)
Payments on finance lease liabilities (27,904)  
Payments of deferred financing costs (25,000) (1,035,052)
Purchase of interest rate cap   (916,000)
Preferred dividends paid (3,988,624) (3,988,625)
Net cash used in financing activities (7,512,504) (578,741)
Net (decrease) increase in cash, cash equivalents and restricted cash (2,178,824) 11,079,468
Cash, cash equivalents and restricted cash at the beginning of the period 28,710,475 26,236,340
Cash, cash equivalents and restricted cash at the end of the period 26,531,651 37,315,808
Supplemental disclosures:    
Cash paid during the period for interest 9,133,303 9,234,239
Cash paid during the period for income taxes 140,156 126,484
Operating cash flows for operating leases 206,669 638,726
Operating cash flows for finance leases 370,171 7,437
Financing cash flows for finance leases 27,904 12,743
Non-cash investing and financing activities:    
Accrued capital expenditures 315,511 (451,352)
Right of use assets acquired under lease liability   3,205
Acquisition of finance lease assets and liabilities 46,753 103,125
Sotherly Hotels LP [Member]    
Cash flows from operating activities:    
Net income 6,289,950 5,987,053
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,938,077 9,587,240
Amortization of deferred financing costs 442,510 310,190
Amortization of deferred lease expense 15,043  
Amortization of mortgage premium (12,341) (12,341)
Amortization of finance lease liabilities 830,373  
Gain on involuntary conversion of assets (4,123,265) (235,037)
Unrealized and realized (gain)loss on hedging activities (53,935) 791,421
Gain on sale of assets 0 (4,400)
Loss on early extinguishment of debt 0 241,878
ESOP and stock / unit - based compensation (429,479) 238,386
Changes in assets and liabilities:    
Accounts receivable 1,537,104 332,763
Prepaid expenses, inventory and other assets (1,215,489) (1,347,134)
Accounts payable and other accrued liabilities (2,773,074) 1,095,976
Advance deposits (1,123,016) (390,832)
Net cash provided by operating activities 9,322,458 16,595,163
Cash flows from investing activities:    
Improvements and additions to hotel properties (8,980,616) (5,241,788)
ESOP loan payments received 811,725 65,397
Proceeds from involuntary conversion 4,180,113 235,037
Proceeds from sale of assets   4,400
Net cash provided by (used in) investing activities (3,988,778) (4,936,954)
Cash flows from financing activities:    
Proceeds from mortgage loans 0 35,000,000
Redemption of interest rate swap 0 965,000
Payments on mortgage loans (2,976,488) (30,209,018)
Payments on unsecured notes (494,488) (395,046)
Payments on finance lease liabilities (27,904)  
Payments of deferred financing costs (25,000) (1,035,052)
Purchase of interest rate cap   (916,000)
Preferred dividends paid (3,988,624) (3,988,625)
Net cash used in financing activities (7,512,504) (578,741)
Net (decrease) increase in cash, cash equivalents and restricted cash (2,178,824) 11,079,468
Cash, cash equivalents and restricted cash at the beginning of the period 28,710,475 26,236,340
Cash, cash equivalents and restricted cash at the end of the period 26,531,651 37,315,808
Supplemental disclosures:    
Cash paid during the period for interest 8,588,992 9,185,332
Cash paid during the period for income taxes 140,156 126,484
Operating cash flows for operating leases 206,669 638,726
Operating cash flows for finance leases 370,171 7,437
Financing cash flows for finance leases 27,904 12,743
Non-cash investing and financing activities:    
Accrued capital expenditures 315,511 (451,352)
Right of use assets acquired under lease liability   3,205
Acquisition of finance lease assets and liabilities $ 46,753 $ 103,125