CLDT — what changed in the latest 10-Q
A section-by-section comparison of CLDT's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-04 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +36 | −11 | ~36 | 39 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 1 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-04
Hotel operating expenses increased $3.5 million, or 8.2%, to $46.5 million for the three months ended June 30, 2026 from $43.0 million for the three months ended June 30, 2025. The increase in hotel operating expenses was related primarily to the acquisition of six hotels in 2026, which contributed …
Other charges increased from zero for the three months ended June 30, 2025 to $26 thousand for the three months ended June 30, 2026.
Gain on sale of hotel properties decreased $0.4 million to $10 thousand for the three months ended June 30, 2026 compared to $0.4 million for the three months ended June 30, 2025. The CY Houston hotel property was sold on April 22, 2025, which resulted in a gain in the prior period.
Interest expense increased $0.5 million from $6.4 million for the three months ended June 30, 2025 to $6.9 million for the three months ended June 30, 2026 and is comprised of the following (dollars in thousands):
Revolving credit facility and term loan interest and unused fees
Text removed vs the prior filing · source: 10-Q · 2026-05-07
For the three months ended March 31, 2026 same property RevPAR increased 1.0% due to an increase in occupancy of 0.1% and an increase in ADR of 0.8%. Same property RevPAR decreased 5.1% in January 2026, increased 1.5% in February 2026 and increased 5.3% in March 2026. Same property RevPAR was $102.7…
Hotel operating expenses decreased $1.1 million, or 2.7%, to $40.7 million for the three months ended March 31, 2026 from $41.8 million for the three months ended March 31, 2025. The four sold hotels contributed zero in operating expenses for the three months ended March 31, 2026, down $2.9 million …
Other charges increased from $7 thousand for the three months ended March 31, 2025 to $0.5 million for the three months ended March 31, 2026 due to additional audit fees related to the acquisition of six hotels in 2026.
Gain on sale of hotel properties decreased $7.0 million to $0.1 million for the three months ended March 31, 2026 compared to $7.1 million for the three months ended March 31, 2025. The HWS Brentwood hotel property was sold on January 30, 2025, and the HI Houston hotel property was sold on March 17,…
Interest expense decreased $0.7 million from $6.9 million for the three months ended March 31, 2025 to $6.2 million for the three months ended March 31, 2026 and is comprised of the following (dollars in thousands):
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice