UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): October 20, 2011
ASHFORD HOSPITALITY TRUST, INC.
(Exact name of registrant as specified in its charter)
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Maryland
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001-31775
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86-1062192 |
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(State or other jurisdiction of
incorporation or organization)
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(Commission
File Number)
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(IRS employer
identification number) |
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14185 Dallas Parkway, Suite 1100
Dallas, Texas
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75254 |
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(Address of principal executive offices)
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(Zip code) |
Registrants telephone number, including area code (972) 490-9600
Check the appropriated box if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14-a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 8.01 OTHER EVENTS
This Current Report on Form 8-K is being filed by Ashford Hospitality Trust, Inc. (the
Company) to update certain portions of the Companys Annual Report on Form 10-K for the fiscal
year ended December 31, 2010, filed on March 4, 2011 (the 2010 Form 10-K), to reflect the
retrospective reclassification of the hotel property in Jacksonville, Florida as discontinued
operations. The sale of the hotel property was completed in July 2011, and the Company received net
proceeds of $9.6 million.
The following items of the 2010 Form 10-K are being updated retrospectively to reflect the
reclassification described above (which items as updated are included in Exhibit 99.1 hereto and
hereby incorporated by reference herein):
Item 6 Selected Financial Data
Item 7 Managements Discussion and Analysis of Financial Condition and Results of Operations
Item 8 Financial Statements and Supplementary Data
Item 5 was previously amended by a 10-K/A filed on April 1, 2011. No other items of the 2010
Form 10-K other than those identified above are being updated by this filing. Information in the
2010 Form 10-K is generally stated as of December 31, 2010. Without limitation of the foregoing,
this filing does not purport to update Managements Discussion and Analysis of Financial Condition
and Results of Operations contained in the 2010 Form 10-K for any information, uncertainties,
transactions, risks, events or trends occurring, or known to management. More current information
is contained in the Companys Quarterly Report on Form 10-Q for the quarterly period ended June 30,
2011 (the Form 10-Q) and the Companys other filings. The Form 10-Q and other filings contain
important information regarding events, developments and updates to certain expectations of the
Company that have occurred subsequent to the filing of the 2010 Form 10-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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Exhibit |
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Number |
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23.1
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Consent of Ernst & Young LLP |
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99.1
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Updated financial information as of December 31, 2010 and 2009 and for each of the three
years ended December 31, 2010 |
SIGNATURE
Pursuant to the requirements of Section 12 of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 20, 2011
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ASHFORD HOSPITALITY TRUST, INC.
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By: |
/s/ DAVID J. KIMICHIK
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David J. Kimichik |
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Chief Financial Officer |
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