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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Summit Hotel Properties, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from Q2 2011 to Q3 2024.
- Summit Hotel Properties, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $800K, a 20% decline year-over-year.
- Summit Hotel Properties, Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $3.9M, a 2.5% decline year-over-year.
- Summit Hotel Properties, Inc. annual Amortization of Intangible Assets for 2023 was $4.1M, a 2.5% increase from 2022.
- Summit Hotel Properties, Inc. annual Amortization of Intangible Assets for 2022 was $4M.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)