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LaSalle Hotel Properties (LaSalle Hotel Properties) Intangible Assets : $0 Mil (As of Sep. 2018)


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What is LaSalle Hotel Properties Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. LaSalle Hotel Properties's intangible assets for the quarter that ended in Sep. 2018 was $0 Mil.


LaSalle Hotel Properties Intangible Assets Historical Data

The historical data trend for LaSalle Hotel Properties's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LaSalle Hotel Properties Intangible Assets Chart

LaSalle Hotel Properties Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Intangible Assets
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LaSalle Hotel Properties Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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LaSalle Hotel Properties Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


LaSalle Hotel Properties  (NYSE:LHO) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


LaSalle Hotel Properties Intangible Assets Related Terms

Thank you for viewing the detailed overview of LaSalle Hotel Properties's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Traded in Other Exchanges
N/A
Address
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.
Executives
Jeffrey T. Foland director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
Leonard Darryl Hartley director PGI, 44 CANAL CENTER PLAZA SECOND FL, ALEXANDRIA VA 22314
Stuart L Scott director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Michael D Barnello director, officer: President and CEO LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Alfred L. Young officer: EVP and COO 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Denise M Coll director 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Kenneth G Fuller officer: EVP, CFO, Secretary, Treasurer 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Jeffrey L Martin director 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
William S Mccalmont director 3300 DREXEL, DALLAS TX 75205
Bruce A Riggins officer: EVP 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Donald S Perkins director 1319 MARQUETTE DR, ROMEOVILLE IL 60441
Kelly L Kuhn director 84 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112
Hans S Weger officer: Chief Financial Officer ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Julio E Morales officer: Chief Accounting Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814

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