Company research
SOTHERLY HOTELS LP
CIK 1313536Updated Jul 17, 2026
Name history
MHI HOSPITALITY LP · through Jul 3, 2013
Filing activity
Latest filing
28 filings on record · 8-K, D, 25-NSE, CERT, CORRESP, CERTNAS.
About the company
Sotherly Hotels Inc. (Nasdaq: SOHO) is an externally-managed and externally-administered lodging real estate investment trust, or REIT, that was formed in August 2004 to own, acquire, renovate and reposition full-service, primarily upscale and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. Sotherly owns ten full-service, primarily upscale and upper-upscale hotels located in seven states with an aggregate of 2,786 hotel rooms, and interests in one condominium hotels and their associated rental programs. For more information on Sotherly, please visit the Sotherly website at www.sotherlyhotels.com.
Recent filings
Entry into a Material Definitive Agreement · Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Other Events
Items 1.01, 3.01, 8.01, 9.01
D filing
25-NSE filing
CERT filing
25-NSE filing
Show 5 more recent filings
Financials
FY 2014 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2014 | FY 2013 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 299,820,043Source | 228,169,081Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 16,634,499Source | 9,376,628Source |
| Accounts Receivable | — | — |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 272,310,186Source | 197,314,286Source |
| Stockholders’ equity: | ||
| Common Stock, Value, IssuedUSD | 105,709Source | 102,069Source |
| Additional Paid in CapitalUSD | 58,659,799Source | 57,534,113Source |
| Retained Earnings (Accumulated Deficit)USD | -35,388,313Source | -32,450,773Source |
| Stockholders' Equity Attributable to ParentUSD | 23,377,195Source | 25,185,409Source |
| Liabilities and EquityUSD | 299,820,043Source | 228,169,081Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 4,132,662Source | 5,669,386Source |
| Additional Financial Items | ||
| Dividends PayableUSD | 852,914Source | 588,197Source |
cash flow · annual statements
| Line item | FY 2014 | FY 2013 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -738,509Source | -4,473,592Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 245,565Source | 323,800Source |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in Accounts ReceivableUSD | -369,685Source | -58,368Source |
| Deferred Income Tax Expense (Benefit)USD | -1,961,663Source | 1,370,189Source |
| Additional Financial Items | ||
| Amortization of Debt Issuance CostsUSD | 1,428,674Source | 1,518,556Source |
| Dividends PayableUSD | 852,914Source | 588,197Source |
| Gain (Loss) on Extinguishment of DebtUSD | -831,079Source | -2,040,662Source |
| General and Administrative ExpenseUSD | 5,085,949Source | 4,360,583Source |
| Income (Loss) from Equity Method InvestmentsUSD | 307,370Source | 449,500Source |
| Income Tax Expense (Benefit)USD | -1,727,723Source | 1,496,096Source |
| Investment Income, InterestUSD | 19,865Source | 17,914Source |
| Net Income (Loss) Attributable to ParentUSD | -584,671Source | -3,483,969Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -153,838Source | -989,623Source |
| Operating ExpensesUSD | 110,434,588Source | 78,967,048Source |
| Payments for Repurchase of WarrantsUSD | — | 7,175,000Source |
| Payments of Financing CostsUSD | 2,637,637Source | 2,684,581Source |
| Proceeds from Issuance of Common StockUSD | 124,911Source | — |
income statement · annual statements
| Line item | FY 2014 | FY 2013 |
|---|---|---|
| Total RevenueUSD | 122,939,919Source | 89,374,527Source |
| Operating Income (Loss)USD | 12,505,331Source | 10,407,479Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,466,232Source | -2,977,496Source |
| Income Tax Expense (Benefit)USD | -1,727,723Source | 1,496,096Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -153,838Source | -989,623Source |
| Net Income (Loss) Attributable to ParentUSD | -584,671Source | -3,483,969Source |
| Additional Financial Items | ||
| Current Income Tax Expense (Benefit)USD | 233,940Source | 125,907Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 11,969,284Source | 8,467,228Source |
| General and Administrative ExpenseUSD | 5,085,949Source | 4,360,583Source |
| Income (Loss) Attributable to Parent, before TaxUSD | -584,671Source | -3,483,969Source |
| Income (Loss) from Equity Method InvestmentsUSD | 307,370Source | 449,500Source |
| Interest ExpenseUSD | 14,636,870Source | 9,606,479Source |
| Investment Income, InterestUSD | 19,865Source | 17,914Source |
| Operating ExpensesUSD | 110,434,588Source | 78,967,048Source |
Filing attachments
d135012dex991.htm · 8-K · 2026-03-27
EX-99.1 3 d135012dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sotherly Hotels Inc. Announces Intention to List on OTC Market Platform, Voluntarily Delist from Nasdaq and Continue SEC Reporting 3/27/2026 Sotherly Hotels Inc. (the “Company” or “Sotherly”), a real estate investment trust, announced today that its Board of Directors has approved the voluntary withdrawal of the listing of the Company’s shares of 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock, 7.875% Series C Cumulat…
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