Item 16. Form 10‑K Summary
32K characters. Original on sec.gov · Markdown
Item 16. Form 10‑K Summary
| --- | --- |
None.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| HOST HOTELS & RESORTS, INC. | ||||||||||
| Date: February 25, 2019 | By: | /s/ MICHAEL D. BLUHM | ||||||||
| Michael D. Bluhm Executive Vice President, Chief Financial Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| Signatures | Title | Date | |||
|---|---|---|---|---|---|
| /s/ RICHARD E. MARRIOTT | Chairman of the Board of Directors | February 25, 2019 | |||
| Richard E. Marriott | |||||
| /s/ JAMES F. RISOLEO | President, Chief Executive Officer and Director (Principal Executive Officer) | February 25, 2019 | |||
| James F. Risoleo | |||||
| /s/ MICHAEL D. BLUHM | Executive Vice President, Chief Financial Officer (Principal Financial Officer) | February 25, 2019 | |||
| Michael D. Bluhm | |||||
| /s/ BRIAN G. MACNAMARA | Senior Vice President, Corporate Controller (Principal Accounting Officer) | February 25, 2019 | |||
| Brian G. Macnamara | |||||
| /s/ MARY L. BAGLIVO | Director | February 25, 2019 | |||
| Mary L. Baglivo | |||||
| /s/ SHEILA C. BAIR | Director | February 25, 2019 | |||
| Sheila C. Bair | |||||
| /s/ ANN MCLAUGHLIN KOROLOGOS | Director | February 25, 2019 | |||
| Ann McLaughlin Korologos | |||||
| /s/ SANDEEP L. MATHRANI | Director | February 25, 2019 | |||
| Sandeep L. Mathrani | |||||
| /s/ JOHN B. MORSE, JR. | Director | February 25, 2019 | |||
| John B. Morse, Jr. | |||||
| /s/ Mary Hogan Preusse | Director | February 25, 2019 | |||
| Mary Hogan Preusse | |||||
| /s/ WALTER C. RAKOWICH | Director | February 25, 2019 | |||
| Walter C. Rakowich | |||||
| /s/ GORDON H. SMITH | Director | February 25, 2019 | |||
| Gordon H. Smith | |||||
| /s/ A. WILLIAM STEIN | Director | February 25, 2019 | |||
| A. William Stein | |||||
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| HOST HOTELS & RESORTS, LP | ||||||||||
| Date: February 25, 2019 | By: | HOST HOTELS & RESORTS, INC., its general partner | ||||||||
| By: | /s/ MICHAEL D. BLUHM | |||||||||
| Michael D. Bluhm Executive Vice President, Chief Financial Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following officers and directors of Host Hotels & Resorts, Inc., the general partner of the registrant, and in the capacities and on the dates indicated.
| Signatures | Title | Date | |||||||
| /s/ RICHARD E. MARRIOTT | Chairman of the Board of Directors | February 25, 2019 | |||||||
| Richard E. Marriott | |||||||||
| /s/ JAMES F. RISOLEO | President, Chief Executive Officer and Director (Principal Executive Officer) | February 25, 2019 | |||||||
| James F. Risoleo | |||||||||
| /s/ MICHAEL D. BLUHM | Executive Vice President, Chief Financial Officer (Principal Financial Officer) | February 25, 2019 | |||||||
| Michael D. Bluhm | |||||||||
| /s/ BRIAN G. MACNAMARA | Senior Vice President, Corporate Controller (Principal Accounting Officer) | February 25, 2019 | |||||||
| Brian G. Macnamara | |||||||||
| /s/ MARY L. BAGLIVO | Director | February 25, 2019 | |||||||
| Mary L. Baglivo | |||||||||
| /s/ SHEILA C. BAIR | Director | February 25, 2019 | |||||||
| Sheila C. Bair | |||||||||
| /s/ ANN MCLAUGHLIN KOROLOGOS | Director | February 25, 2019 | |||||||
| Ann McLaughlin Korologos | |||||||||
| /s/ SANDEEP L. MATHRANI | Director | February 25, 2019 | |||||||
| Sandeep L. Mathrani | |||||||||
| /s/ JOHN B. MORSE, JR. | Director | February 25, 2019 | |||||||
| John B. Morse, Jr. | |||||||||
| /s/ Mary Hogan Preusse | Director | February 25, 2019 | |||||||
| Mary Hogan Preusse | |||||||||
| /s/ WALTER C. RAKOWICH | Director | February 25, 2019 | |||||||
| Walter C. Rakowich | |||||||||
| /s/ GORDON H. SMITH | Director | February 25, 2019 | |||||||
| Gordon H. Smith | |||||||||
| /s/ A. WILLIAM STEIN | Director | February 25, 2019 | |||||||
| A. William Stein | |||||||||
SCHEDULE III
Page 1 of 4
HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2018
(in millions)
| Initial Cost | Subsequent | Foreign | Gross Amount at December 31, 2018 | Date of | ||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buildings & | Costs | Currency | Buildings & | Accumulated | Completion of | Date | Depreciation | |||||||||||||||||||||||||||||||||||||||||
| Description | Debt | Land | Improvements | Capitalized, net (1) | Adjustment | Land | Improvements | Total | Depreciation | Construction | Acquired | Life | ||||||||||||||||||||||||||||||||||||
| Hotels: | ||||||||||||||||||||||||||||||||||||||||||||||||
| Andaz Maui at Wailea Resort | — | 151 | 255 | — | — | 151 | 255 | 406 | 6 | — | 2018 | 38 | ||||||||||||||||||||||||||||||||||||
| Atlanta Marriott Suites Midtown | — | — | 26 | 14 | — | — | 40 | 40 | 24 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| Axiom Hotel | — | 36 | 38 | 40 | — | 36 | 78 | 114 | 13 | — | 2014 | 33 | ||||||||||||||||||||||||||||||||||||
| Boston Marriott Copley Place | — | — | 203 | 83 | — | — | 286 | 286 | 150 | — | 2002 | 40 | ||||||||||||||||||||||||||||||||||||
| Calgary Marriott Downtown | — | 5 | 18 | 47 | (5 | ) | 5 | 60 | 65 | 34 | — | 1996 | 40 | |||||||||||||||||||||||||||||||||||
| Chicago Marriott Suites Downers Grove | — | 2 | 14 | 14 | — | 2 | 28 | 30 | 16 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| Chicago Marriott Suites O'Hare | — | 5 | 36 | 23 | — | 5 | 59 | 64 | 30 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Coronado Island Marriott Resort & Spa | — | — | 53 | 49 | — | — | 102 | 102 | 61 | — | 1997 | 40 | ||||||||||||||||||||||||||||||||||||
| Costa Mesa Marriott | — | 3 | 18 | 10 | — | 3 | 28 | 31 | 18 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| Courtyard Chicago Downtown/River North | — | 7 | 27 | 16 | — | 7 | 43 | 50 | 31 | — | 1992 | 40 | ||||||||||||||||||||||||||||||||||||
| Denver Marriott Tech Center Hotel | — | 6 | 26 | 83 | — | 6 | 109 | 115 | 57 | — | 1994 | 40 | ||||||||||||||||||||||||||||||||||||
| Denver Marriott West | — | — | 12 | 15 | — | — | 27 | 27 | 23 | — | 1983 | 40 | ||||||||||||||||||||||||||||||||||||
| Embassy Suites by Hilton Chicago Downtown Magnificent Mile | — | — | 86 | 18 | — | — | 104 | 104 | 43 | — | 2004 | 40 | ||||||||||||||||||||||||||||||||||||
| Gaithersburg Marriott Washingtonian Center | — | 7 | 22 | 14 | — | 7 | 36 | 43 | 25 | — | 1993 | 40 | ||||||||||||||||||||||||||||||||||||
| Grand Hyatt Atlanta in Buckhead | — | 8 | 88 | 31 | — | 8 | 119 | 127 | 66 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Grand Hyatt San Francisco | — | 52 | 331 | 1 | — | 53 | 331 | 384 | 8 | — | 2018 | 34 | ||||||||||||||||||||||||||||||||||||
| Grand Hyatt Washington | — | 154 | 247 | 39 | — | 154 | 286 | 440 | 73 | — | 2012 | 33 | ||||||||||||||||||||||||||||||||||||
| Hilton Singer Island Oceanfront/Palm Beaches Resort | — | 2 | 10 | 22 | — | 2 | 32 | 34 | 25 | — | 1994 | 40 | ||||||||||||||||||||||||||||||||||||
| Houston Airport Marriott at George Bush Intercontinental | — | — | 10 | 92 | — | — | 102 | 102 | 68 | — | 1984 | 40 | ||||||||||||||||||||||||||||||||||||
| Houston Marriott Medical Center | — | — | 19 | 37 | — | — | 56 | 56 | 38 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Hyatt Place Waikiki Beach | — | 12 | 120 | 3 | — | 12 | 123 | 135 | 24 | — | 2013 | 34 | ||||||||||||||||||||||||||||||||||||
| Hyatt Regency Cambridge | — | 18 | 84 | 18 | — | 19 | 101 | 120 | 61 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Hyatt Regency Coconut Point Resort & Spa | — | 33 | 185 | 1 | — | 33 | 186 | 219 | 5 | — | 2018 | 36 | ||||||||||||||||||||||||||||||||||||
| Hyatt Regency Maui Resort & Spa | — | 92 | 212 | 73 | — | 81 | 296 | 377 | 131 | — | 2003 | 40 | ||||||||||||||||||||||||||||||||||||
| Hyatt Regency Reston | — | 11 | 78 | 29 | — | 12 | 106 | 118 | 59 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Hyatt Regency San Francisco Airport | — | 16 | 119 | 111 | — | 20 | 226 | 246 | 113 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Hyatt Regency Washington on Capitol Hill | — | 40 | 230 | 44 | — | 40 | 274 | 314 | 110 | — | 2005 | 40 | ||||||||||||||||||||||||||||||||||||
| JW Marriott Atlanta Buckhead | — | 16 | 21 | 31 | — | 16 | 52 | 68 | 39 | — | 1990 | 40 | ||||||||||||||||||||||||||||||||||||
| JW Marriott Hotel Rio de Janeiro | — | 13 | 29 | 3 | (25 | ) | 5 | 15 | 20 | 4 | — | 2010 | 40 | |||||||||||||||||||||||||||||||||||
| JW Marriott Houston by the Galleria | — | 4 | 26 | 49 | — | 6 | 73 | 79 | 44 | — | 1994 | 40 | ||||||||||||||||||||||||||||||||||||
| JW Marriott Washington, DC | — | 26 | 98 | 65 | — | 26 | 163 | 189 | 97 | — | 2003 | 40 |
S-1
SCHEDULE III
Page 2 of 4
HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES
REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)
December 31, 2018
(in millions)
| Initial Cost | Subsequent | Foreign | Gross Amount at December 31, 2018 | Date of | ||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buildings & | Costs | Currency | Buildings & | Accumulated | Completion of | Date | Depreciation | |||||||||||||||||||||||||||||||||||||||||
| Description | Debt | Land | Improvements | Capitalized, net (1) | Adjustment | Land | Improvements | Total | Depreciation | Construction | Acquired | Life | ||||||||||||||||||||||||||||||||||||
| Manchester Grand Hyatt San Diego | — | — | 548 | 65 | — | — | 613 | 613 | 175 | — | 2011 | 35 | ||||||||||||||||||||||||||||||||||||
| Marina del Rey Marriott | — | — | 13 | 36 | — | — | 49 | 49 | 30 | — | 1995 | 40 | ||||||||||||||||||||||||||||||||||||
| Marriott Marquis San Diego Marina | — | — | 202 | 386 | — | — | 588 | 588 | 316 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| Miami Marriott Biscayne Bay | — | 38 | 27 | 40 | — | 38 | 67 | 105 | 54 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Minneapolis Marriott City Center | — | 34 | 27 | 44 | — | 34 | 71 | 105 | 62 | — | 1995 | 40 | ||||||||||||||||||||||||||||||||||||
| New Orleans Marriott | — | 16 | 96 | 141 | — | 16 | 237 | 253 | 163 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| New York Marriott Downtown | — | 19 | 79 | 49 | — | 19 | 128 | 147 | 86 | — | 1997 | 40 | ||||||||||||||||||||||||||||||||||||
| New York Marriott Marquis | — | 49 | 552 | 49 | — | 49 | 601 | 650 | 477 | — | 1986 | 40 | ||||||||||||||||||||||||||||||||||||
| Newark Liberty International Airport Marriott | — | — | 30 | 48 | — | — | 78 | 78 | 53 | — | 1984 | 40 | ||||||||||||||||||||||||||||||||||||
| Newport Beach Marriott Bayview | — | 6 | 14 | 12 | — | 6 | 26 | 32 | 18 | — | 1988 | 40 | ||||||||||||||||||||||||||||||||||||
| Newport Beach Marriott Hotel & Spa | — | 11 | 13 | 117 | — | 8 | 133 | 141 | 89 | — | 1988 | 40 | ||||||||||||||||||||||||||||||||||||
| Orlando World Center Marriott | — | 18 | 157 | 392 | — | 29 | 538 | 567 | 308 | — | 1997 | 40 | ||||||||||||||||||||||||||||||||||||
| Philadelphia Airport Marriott | — | — | 42 | 19 | — | — | 61 | 61 | 38 | — | 1995 | 40 | ||||||||||||||||||||||||||||||||||||
| Residence Inn Arlington Pentagon City | — | 6 | 29 | 12 | — | 6 | 41 | 47 | 26 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| Rio de Janeiro Parque Olimpico Hotels | — | 21 | 39 | — | (27 | ) | 10 | 23 | 33 | 4 | 2014 | — | 35 | |||||||||||||||||||||||||||||||||||
| San Antonio Marriott Rivercenter | — | — | 86 | 88 | — | — | 174 | 174 | 110 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| San Antonio Marriott Riverwalk | — | 6 | 45 | 36 | — | 6 | 81 | 87 | 50 | — | 1995 | 40 | ||||||||||||||||||||||||||||||||||||
| San Francisco Marriott Fisherman’s Wharf | — | 6 | 20 | 33 | — | 6 | 53 | 59 | 34 | — | 1994 | 40 | ||||||||||||||||||||||||||||||||||||
| San Francisco Marriott Marquis | — | — | 278 | 138 | — | — | 416 | 416 | 294 | — | 1989 | 40 | ||||||||||||||||||||||||||||||||||||
| San Ramon Marriott | — | — | 22 | 25 | — | — | 47 | 47 | 30 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| Santa Clara Marriott | — | — | 39 | 67 | — | — | 106 | 106 | 89 | — | 1989 | 40 | ||||||||||||||||||||||||||||||||||||
| Scottsdale Marriott at McDowell Mountains | — | 8 | 48 | 9 | — | 8 | 57 | 65 | 23 | — | 2004 | 40 | ||||||||||||||||||||||||||||||||||||
| Scottsdale Marriott Suites Old Town | — | 3 | 20 | 12 | — | 3 | 32 | 35 | 21 | — | 1996 | 40 | ||||||||||||||||||||||||||||||||||||
| Sheraton Boston Hotel | — | 42 | 262 | 73 | — | 42 | 335 | 377 | 138 | — | 2006 | 40 | ||||||||||||||||||||||||||||||||||||
| Sheraton New York Times Square Hotel | — | 346 | 409 | (109 | ) | — | 346 | 300 | 646 | 168 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||
| Sheraton Parsippany Hotel | — | 8 | 30 | 23 | — | 8 | 53 | 61 | 25 | — | 2006 | 40 | ||||||||||||||||||||||||||||||||||||
| Sheraton San Diego Hotel & Marina | — | — | 328 | 41 | — | — | 369 | 369 | 135 | — | 2006 | 40 | ||||||||||||||||||||||||||||||||||||
| Swissôtel Chicago | — | 29 | 132 | 97 | — | 30 | 228 | 258 | 109 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| Tampa Airport Marriott | — | — | 9 | 25 | — | — | 34 | 34 | 30 | — | 1971 | 40 | ||||||||||||||||||||||||||||||||||||
| The Camby Hotel | — | 10 | 63 | 29 | — | 10 | 92 | 102 | 50 | — | 1998 | 40 | ||||||||||||||||||||||||||||||||||||
| The Don CeSar | — | 46 | 158 | 2 | — | 46 | 160 | 206 | 10 | — | 2017 | 34 | ||||||||||||||||||||||||||||||||||||
| Fairmont Kea Lani, Maui | — | 55 | 294 | 67 | — | 55 | 361 | 416 | 151 | — | 2004 | 40 | ||||||||||||||||||||||||||||||||||||
| The Logan | — | 26 | 60 | 72 | — | 27 | 131 | 158 | 64 | — | 1998 | 40 |
S-2
SCHEDULE III
Page 3 of 4
HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES
REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)
December 31, 2018
(in millions)
| Initial Cost | Subsequent | Foreign | Gross Amount at December 31, 2018 | Date of | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buildings & | Costs | Currency | Buildings & | Accumulated | Completion of | Date | Depreciation | ||||||||||||||||||||||||||||||||||||||||||
| Description | Debt | Land | Improvements | Capitalized, net (1) | Adjustment | Land | Improvements | Total | Depreciation | Construction | Acquired | Life | |||||||||||||||||||||||||||||||||||||
| The Phoenician, A Luxury Collection Resort | — | 72 | 307 | 104 | — | 74 | 409 | 483 | 55 | — | 2015 | 32 | |||||||||||||||||||||||||||||||||||||
| The Ritz-Carlton, Amelia Island | — | 25 | 115 | 87 | — | 25 | 202 | 227 | 114 | — | 1998 | 40 | |||||||||||||||||||||||||||||||||||||
| The Ritz-Carlton, Marina del Rey | — | — | 52 | 38 | — | — | 90 | 90 | 57 | — | 1997 | 40 | |||||||||||||||||||||||||||||||||||||
| The Ritz-Carlton, Naples | — | 19 | 126 | 164 | — | 21 | 288 | 309 | 178 | — | 1996 | 40 | |||||||||||||||||||||||||||||||||||||
| The Ritz-Carlton Golf Resort, Naples | — | 22 | 10 | 83 | — | 22 | 93 | 115 | 38 | 2002 | — | 40 | |||||||||||||||||||||||||||||||||||||
| The Ritz-Carlton, Tysons Corner | — | — | 89 | 37 | — | — | 126 | 126 | 69 | — | 1998 | 40 | |||||||||||||||||||||||||||||||||||||
| The St. Regis Houston | — | 6 | 33 | 21 | — | 6 | 54 | 60 | 28 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Buckhead Atlanta | — | 5 | 84 | 34 | — | 6 | 117 | 123 | 64 | — | 1998 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Chicago River North | — | 33 | 116 | 13 | — | 33 | 129 | 162 | 30 | — | 2010 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Cincinnati | — | — | 54 | 19 | — | — | 73 | 73 | 31 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Denver Downtown | — | — | 89 | 21 | — | — | 110 | 110 | 42 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Georgetown, Washington D.C. | — | 16 | 80 | 16 | — | 16 | 96 | 112 | 39 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Indianapolis | — | 12 | 100 | 18 | — | 12 | 118 | 130 | 44 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Kierland Resort & Spa | — | 100 | 280 | 28 | — | 100 | 308 | 408 | 101 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Los Angeles Airport | — | — | 102 | 26 | — | — | 128 | 128 | 50 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Mission Hills Resort & Spa | — | 40 | 47 | (37 | ) | — | 13 | 37 | 50 | 26 | — | 2006 | 40 | ||||||||||||||||||||||||||||||||||||
| The Westin Seattle | — | 39 | 175 | 40 | — | 39 | 215 | 254 | 78 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin South Coast Plaza, Costa Mesa | — | — | 46 | 25 | — | — | 71 | 71 | 46 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Westin Waltham Boston | — | 9 | 59 | 21 | — | 9 | 80 | 89 | 32 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| The Whitley, A Luxury Collection Hotel, Atlanta Buckhead | — | 14 | 81 | 75 | — | 15 | 155 | 170 | 100 | — | 1996 | 40 | |||||||||||||||||||||||||||||||||||||
| Toronto Marriott Downtown Eaton Centre Hotel | — | — | 27 | 33 | (4 | ) | — | 56 | 56 | 34 | — | 1995 | 40 | ||||||||||||||||||||||||||||||||||||
| W Hollywood | — | — | 204 | — | — | — | 204 | 204 | 13 | — | 2017 | 35 | |||||||||||||||||||||||||||||||||||||
| W Seattle | — | 11 | 125 | 12 | — | 11 | 137 | 148 | 46 | — | 2006 | 40 | |||||||||||||||||||||||||||||||||||||
| Washington Dulles Airport Marriott | — | — | 3 | 46 | — | — | 49 | 49 | 41 | — | 1970 | 40 | |||||||||||||||||||||||||||||||||||||
| Washington Marriott at Metro Center | — | 20 | 24 | 29 | — | 20 | 53 | 73 | 39 | — | 1994 | 40 | |||||||||||||||||||||||||||||||||||||
| Westfields Marriott Washington Dulles | — | 7 | 32 | 21 | — | 7 | 53 | 60 | 36 | — | 1994 | 40 | |||||||||||||||||||||||||||||||||||||
| YVE Hotel Miami | — | 15 | 41 | 2 | — | 15 | 43 | 58 | 7 | — | 2014 | 33 | |||||||||||||||||||||||||||||||||||||
| Total hotels: | — | 1,987 | 9,413 | 4,189 | (61 | ) | 1,955 | 13,573 | 15,528 | 6,364 | |||||||||||||||||||||||||||||||||||||||
| Other properties, each less than 5% of total | — | 5 | 1 | 12 | — | 5 | 13 | 18 | 9 | — | various | 40 | |||||||||||||||||||||||||||||||||||||
| TOTAL | $ | — | $ | 1,992 | $ | 9,414 | $ | 4,201 | $ | (61 | ) | $ | 1,960 | $ | 13,586 | $ | 15,546 | $ | 6,373 | ||||||||||||||||||||||||||||||
| (1) Subsequent costs capitalized are net of impairment expense. |
S-3
SCHEDULE III
Page 4 of 4
HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES
HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2018
(in millions)
Notes:
| (A) | The change in total cost of properties for the fiscal years ended December 31, 2018, 2017 and 2016 is as follows: |
|---|
| Balance at December 31, 2015 | $ | 15,516 | ||
|---|---|---|---|---|
| Additions: | ||||
| Acquisitions | 58 | |||
| Capital expenditures and transfers from construction-in-progress | 510 | |||
| Deductions: | ||||
| Dispositions and other | (331 | ) | ||
| Assets held for sale | (223 | ) | ||
| Balance at December 31, 2016 | 15,530 | |||
| Additions: | ||||
| Acquisitions | 447 | |||
| Capital expenditures and transfers from construction-in-progress | 191 | |||
| Deductions: | ||||
| Dispositions and other | (567 | ) | ||
| Impairments | (43 | ) | ||
| Assets held for sale | (95 | ) | ||
| Balance at December 31, 2017 | 15,463 | |||
| Additions: | ||||
| Acquisitions | 1,013 | |||
| Capital expenditures and transfers from construction-in-progress | 249 | |||
| Deductions: | ||||
| Dispositions and other | (551 | ) | ||
| Impairments | (260 | ) | ||
| Assets held for sale | (368 | ) | ||
| Balance at December 31, 2018 | $ | 15,546 |
| (B) | The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2018, 2017 and 2016 is as follows: |
|---|
| Balance at December 31, 2015 | $ | 5,666 | ||
|---|---|---|---|---|
| Depreciation and amortization | 572 | |||
| Dispositions and other | (159 | ) | ||
| Depreciation on assets held for sale | (130 | ) | ||
| Balance at December 31, 2016 | 5,949 | |||
| Depreciation and amortization | 563 | |||
| Dispositions and other | (247 | ) | ||
| Depreciation on assets held for sale | 7 | |||
| Balance at December 31, 2017 | 6,272 | |||
| Depreciation and amortization | 546 | |||
| Dispositions and other | (344 | ) | ||
| Depreciation on assets held for sale | (101 | ) | ||
| Balance at December 31, 2018 | $ | 6,373 |
| (C) | The aggregate cost of real estate for federal income tax purposes is approximately $10,458 million at December 31, 2018. |
|---|
| (D) | The total cost of properties excludes construction-in-progress properties. |
|---|
Previous: Item 15. Exhibits and Financial Statement Schedules.