Balance Sheet

Current Liabilities	28m
Accounts Payable	23.3m
Other Current Liabilities	4.7m
Non-Current Liabilities	316.2m
Long-Term Debt	317.5m
Other Non-Current Liabilities	-1.3m

Currency: USD

	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	17	12	32	30	34	24	25	13	22	17
Cash Equivalents	17	12	32	30	34	24	25	13	22	17
Total Receivables	2	4	4	6	7	5	2	5	6	6
Accounts Receivables	2	4	4	6	7	5	2	5	6	6
Other Receivables	0	0	0	0	0	0	0	0	0	0
Other Current Assets	3	4	5	7	5	6	8	7	8	6
Total Current Assets	22	20	41	43	46	34	35	25	36	29
PP&E Net	260	355	354	358	438	443	428	399	365	355
PP&E Gross	260	355	354	358	438	443	428	399	365	355
Accumulated Depreciation	73	81	90	99	111	123	142	173	165	181
Note Receivable	0	3	0	0	0	0	0	0	0	0
Long-Term Investments	2	0	0	0	0	0	0	0	0	0
Other Long-Term Assets	16	11	12	9	9	10	10	12	5	9
Other Assets	0	0	0	0	0	0	0	0	0	0
Total Assets	300 N/A	389 +30%	406 +4%	410 +1%	494 +20%	487 -1%	473 -3%	436 -8%	407 -7%	393 -3%
Liabilities
Accounts Payable	12	12	13	14	16	20	36	36	26	23
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	2	3	5	5	6	7	6	6	6	5
Total Current Liabilities	14	15	18	18	23	27	42	42	32	28
Long-Term Debt	258	321	307	297	389	359	387	378	323	318
Minority Interest	4	4	2	1	0	1	5	5	1	1
Total Liabilities	276 N/A	340 +23%	327 -4%	317 -3%	412 +30%	385 -7%	424 +10%	415 -2%	354 -15%	344 -3%
Equity
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	35	34	40	49	61	74	127	154	121	125
Additional Paid In Capital	59	83	118	146	147	181	180	178	176	176
Other Equity	0	0	0	5	4	4	4	3	3	2
Total Equity	23 N/A	49 +109%	79 +61%	93 +18%	82 -12%	103 +25%	50 -52%	21 -57%	52 +146%	49 -6%
Total Liabilities & Equity	300 N/A	389 +30%	406 +4%	410 +1%	494 +20%	487 -1%	473 -3%	436 -8%	407 -7%	393 -3%
Shares Outstanding
Common Shares Outstanding	11	15	15	14	14	14	15	17	19	20
Preferred Shares Outstanding	0	0	2	3	3	3	4	4	4	4

Sotherly Hotels Inc
NASDAQ:SOHO