Private company

CONDOR HOSPITALITY TRUST, INC.

American real estate investment trust, incorporated in Maryland¹

In its 2022 annual report the company says: “The Company is a self-administered real estate investment trust for federal income tax purposes that previously specialized in the investment and ownership of high-quality select-service, limited-service, extended stay, and compact full service hotels.”⁶⁸ It is headquartered in Battle Creek, Nebraska.¹

Last updated Oct 21, 2026.

Overview

IndustryReal Estate Investment Trusts¹
HeadquartersBattle Creek, Nebraska¹
Incorporated inMD²
Business addressPo Box 153, Battle Creek, Ne 68715²
Filer categoryNon-accelerated filer, Smaller reporting company²

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2020

-13.2%Operating margin³

-54.2%Net margin³

-42.4%Revenue growth, 2020³

-25.0%Return on equity³

2.18×Debt to equity³

Where the money goes

Where each dollar of revenue went, fiscal 2020

Cost of revenueInterest

Cost of revenue77¢$29.6M
Interest22¢$8.5M
Income tax1¢$375.0K

Out of $35.2M in revenue.³ The company lost money this year.

Financial statements

Revenue⁴⁵⁶³$35.2M in 2020−31% since 2016

Operating income⁷⁴⁵⁶³-$4.6M in 2020

Net income⁷⁴⁵⁶³-$19.1M in 2020

Fiscal year	2015	2016	2017	2018	2019	2020
Revenue		$50.6M⁴	$55.5M⁵	$65.1M⁶	$61.1M³	$35.2M³
Cost of revenue		$37.1M⁴	$37.1M⁵	$41.0M⁶	$38.8M³	$29.6M³
Operating income	$3.5M⁷	$2.0M⁴	$3.3M⁵	$8.2M⁶	$4.8M³	-$4.6M³
Interest	$5.5M⁷	$4.7M⁴	$5.2M⁵	$8.3M⁶	$8.0M³	$8.5M³
Income tax		$125.0K⁴	-$595.0K⁵	$335.0K⁶	$937.0K³	-$375.0K³
Net income	$13.1M⁷	$22.8M⁴	$2.9M⁵	$5.4M⁶	-$5.0M³	-$19.1M³
Earnings per share	$12.61⁷	$2.67⁴	-$1.00⁵	$0.40⁶	-$0.48³	-$1.59³
Earnings per share (diluted)	$0.00⁸	$0.91⁴	-$1.00⁵	$0.40⁶	-$0.48³	-$1.59³

Total assets⁹⁷⁴⁵⁶³$275.2M in 2020+93% since 2015

Total liabilities⁹⁷⁴⁵⁶³$198.9M in 2020+99% since 2015

Shareholders’ equity⁹⁷⁴⁵⁶³$76.2M in 2020+134% since 2015

Cash⁸⁵⁴⁶³$3.7M in 2020−25% since 2015

Long-term debt⁹⁷⁴⁵⁶³$166.5M in 2020+273% since 2015

Fiscal year	2015	2016	2017	2018	2019	2020
Cash	$4.9M⁸	$13.7M⁵	$5.4M⁴	$4.2M⁵	$2.6M⁶	$3.7M³
Total assets	$142.3M⁹	$140.7M⁷	$243.0M⁴	$253.4M⁵	$236.9M⁶	$275.2M³
Long-term debt	$44.7M⁹	$47.9M⁷	$111.1M⁴	$135.8M⁵	$134.0M⁶	$166.5M³
Total liabilities	$100.2M⁹	$69.9M⁷	$131.2M⁴	$145.6M⁵	$141.1M⁶	$198.9M³
Shareholders’ equity	$32.6M⁹	$68.0M⁷	$110.4M⁴	$107.0M⁵	$95.8M⁶	$76.2M³
Shares outstanding	4.9M shares⁹	762.6K shares⁷	11.8M shares⁴	11.8M shares⁵	12.0M shares⁶	12.0M shares³

Cash from operations⁷⁴⁵⁶³-$802.0K in 2020

Dividends paid⁴⁵⁶³$9.3M in 2019+4599% since 2016

Fiscal year	2015	2016	2017	2018	2019	2020
Cash from operations	$5.0M⁷	$2.8M⁴	$9.6M⁵	$10.7M⁶	$9.3M³	-$802.0K³
Dividends paid		$198.0K⁴	$6.9M⁵	$9.3M⁶	$9.3M³
Dividend per share		$0.46⁴	$0.78⁵	$0.78⁶	$0.58³	$0.00³

Compare CONDOR HOSPITALITY TRUST, INC. with another company

Corporate structure

CONDOR HOSPITALITY TRUST, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of CONDOR HOSPITALITY TRUST, INC.

GARDNER LEWIS ASSET MANAGEMENT L P Filed SC 13G on CONDOR HOSPITALITY TRUST, INC., latest Feb 9, 2022
KGT Investments, LLC Filed SC 13D/A on CONDOR HOSPITALITY TRUST, INC., latest Nov 19, 2021

CONDOR HOSPITALITY TRUST, INC. Battle Creek, Nebraska

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CONDOR HOSPITALITY TRUST, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Operating-lease assets (leased space)	$62.0K⁶ Dec 31, 2020	$80.0K⁶ Dec 31, 2019	−22.5%

Real estate and locations

Item	Latest	A year before	Change
Real estate investments, net	$265.8M³ Dec 31, 2020	$222.1M⁶ Dec 31, 2019	+19.7%
Real estate investments, at cost	$305.6M³ Dec 31, 2020	$250.9M⁶ Dec 31, 2019	+21.8%
Real estate accumulated depreciation	$39.7M³ Dec 31, 2020	$28.9M⁶ Dec 31, 2019	+37.6%
Real estate properties	15⁶ Dec 31, 2020	15⁵ Dec 31, 2019	0%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$3.7M³ Dec 31, 2020	$2.6M⁶ Dec 31, 2019	+42.6%

Leadership

Who has led CONDOR HOSPITALITY TRUST, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

Chair

Paul J. Schulte2007

President

Chief financial officer

Chief operating officer

2010201520202025

Chief executive officerJ. William Blackham Iii. Mar 4, 2015 to Dec 13, 2021¹⁰
Chief executive officerKelly A. Walters Apr 6, 2009 to May 23, 2014¹¹
Chief executive officerPaul J. Schulte May 25, 2007 to Apr 9, 2008¹²
ChairPaul J. Schulte May 25, 2007 to May 25, 2007¹²
PresidentJ. William Blackham Iii. Jun 30, 2017 to Dec 13, 2021¹³
PresidentKelly A. Walters Apr 8, 2009 to May 23, 2014¹⁴
PresidentPaul J. Schulte Jan 4, 2006 to Apr 9, 2008¹⁵
Chief financial officerJill Burger Nov 6, 2020 to May 4, 2021¹⁶
Chief financial officerArinn Cavey Dec 10, 2019 to Dec 10, 2019¹⁷
Chief financial officerJonathan J. Gantt Oct 30, 2015 to Apr 2, 2019¹⁸
Chief financial officerKelly A. Walters Jun 4, 2013 to Jun 4, 2013¹⁹
Chief financial officerCorrine L. Scarpello Nov 19, 2009 to May 23, 2014²⁰
Chief financial officerDonavon A. Heimes May 30, 2006 to Nov 13, 2008²¹
Chief operating officerJeffrey Dougan Jul 15, 2013 to Apr 2, 2018²²
Chief operating officerSteven C. Gilbert Nov 19, 2009 to Dec 6, 2010²³

Board members and other officers (35)

Chief Accounting OfficerArinn Cavey Mar 14, 2016 to Feb 20, 2019²⁴
Vice President TreasurerPatrick E. Beans Mar 14, 2013 to Mar 26, 2015²⁵
Sr VP, Chief Accounting OffcrCorrine L. Scarpello Jul 2, 2008 to Nov 24, 2008²⁶
Senior VP, TreasurerDavid L. Walter Jul 2, 2008 to Dec 2, 2010²⁷
Senior Vice PresidentSteven C. Gilbert Jul 2, 2008 to Apr 16, 2009²⁸
Board memberDrew Iadanza Sep 2, 2020 to Oct 5, 2021²⁹
Board memberSaul Zang Dec 17, 2020 to Oct 5, 2021³⁰
Board memberMatias Gaivironsky May 29, 2019 to Oct 5, 2021³¹
Board memberNoah Y. Davis May 29, 2019 to Oct 5, 2020³²
Board memberThomas Calahan Mar 16, 2018 to Oct 5, 2021³³
Board memberFlight -. Investco L.p. Srep Iii. Jul 6, 2017 to Oct 5, 2021³⁴
Board memberBenjamin Wall Dec 7, 2017 to Jul 2, 2020³⁵
Board memberBrendan Macdonald Mar 25, 2016 to Oct 5, 2021³⁶
Board memberJeff Giller Mar 25, 2016 to Jan 4, 2018³⁷
Board memberMark David Linehan Mar 25, 2016 to Oct 4, 2017³⁸
Board memberJ. William Blackham Iii. Mar 4, 2015 to Dec 27, 2021¹⁰
Board memberJohn M. Dinkel Jun 12, 2015 to Nov 19, 2015³⁹
Board memberDaphne J. Dufresne Jun 22, 2015 to Oct 5, 2021⁴⁰
Board memberCorrine L. Scarpello May 23, 2014 to May 23, 2014⁴¹
Board memberDonald J. Landry Feb 10, 2012 to Oct 5, 2021⁴²
Board memberJim Friend Feb 10, 2012 to Apr 3, 2019⁴³
Board memberJohn Sabin Feb 10, 2012 to Apr 3, 2019⁴⁴
Board memberDaniel Ricardo Elsztain Feb 13, 2012 to Oct 5, 2021⁴⁵
Board memberKelly A. Walters Jun 9, 2010 to May 23, 2014⁴⁶
Board memberRichard A. Frandeen Aug 27, 2010 to Nov 22, 2011⁴⁷
Board memberWilliam C. Latham Dec 4, 2008 to Apr 6, 2009⁴⁸
Board memberAllen L. Dayton Jan 4, 2006 to Apr 4, 2008⁴⁹
Board memberGeorge R. Whittemore Jan 4, 2006 to Dec 30, 2015⁵⁰
Board memberJeffrey M. Zwedling Jan 4, 2006 to Nov 24, 2008⁵¹
Board memberPaul J. Schulte Jan 4, 2006 to Mar 23, 2011¹⁵
Board memberDonavon A. Heimes May 30, 2006 to May 30, 2006²¹
Board memberJoseph Caggiano May 30, 2006 to May 12, 2008⁵²
Board memberLoren Steele May 30, 2006 to May 25, 2007⁵³
Board memberPatrick J. Jung May 30, 2006 to Nov 20, 2008⁵⁴
Board memberSteve Borgmann May 30, 2006 to Nov 22, 2011⁵⁵

Former names

SUPERTEL HOSPITALITY INCJun 2, 2005 to Jul 16, 2015²
HUMPHREY HOSPITALITY TRUST INCAug 13, 1996 to May 19, 2005²

Timeline

Apr 25, 20228-K Other events⁵⁶
Jan 3, 20228-K Executive or director change⁵⁷
Dec 17, 20218-K Executive or director change⁵⁸
Dec 10, 20218-K Listing notice or transfer⁵⁹
Dec 2, 20218-K Shareholder vote⁶⁰
Nov 26, 20218-K Financial statements and exhibits⁶¹
Nov 19, 20218-K Completed an acquisition or sale⁶²
Nov 15, 20218-K Shareholder vote; Other events⁶³
Nov 9, 20218-K Other events⁶⁴
Nov 2, 20218-K Results of operations⁶⁵
Mar 4, 2015New chief executive J. William Blackham Iii. becomes CEO¹⁰
Apr 6, 2009New chief executive Kelly A. Walters becomes CEO¹¹
May 25, 2007New chief executive Paul J. Schulte becomes CEO¹²

Calendar

When it reported results

Nov 2, 2021Reported quarterly or annual results⁶⁵

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

45 filings to the SEC since October 2021: 1 annual reports, 1 quarterly reports, 10 major events, 14 insider forms, 2 large holders, 17 other. The latest 20:

Apr 25, 202215-12B EDGAR
Apr 25, 20228-K EDGAR
Feb 9, 2022SC 13G EDGAR
Feb 4, 202210-K EDGAR
Jan 21, 2022EFFECT EDGAR
Jan 21, 2022EFFECT EDGAR
Jan 21, 2022EFFECT EDGAR
Jan 21, 2022S-8 POS EDGAR
Jan 21, 2022S-8 POS EDGAR
Jan 21, 2022S-8 POS EDGAR
Jan 21, 2022S-8 POS EDGAR
Jan 21, 2022POS AM EDGAR
Jan 21, 2022POS AM EDGAR
Jan 21, 2022POS AM EDGAR
Jan 3, 20228-K EDGAR
Dec 27, 20214 EDGAR
Dec 20, 202125 EDGAR
Dec 17, 20218-K EDGAR
Dec 13, 20214 EDGAR
Dec 10, 20218-K EDGAR

The 45 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

GARDNER LEWIS ASSET MANAGEMENT L PSC 13G, 1 filing Feb 9, 2022⁶⁶
KGT Investments, LLCSC 13D/A, 1 filing Nov 19, 2021⁶⁷

SEC filer profile

How CONDOR HOSPITALITY TRUST, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARCONDOR HOSPITALITY TRUST, INC.¹
CIK0000929545
Employer ID (EIN)52-1889548¹
Filer statusNon-accelerated filer<br>smaller reporting company¹
Incorporated inMaryland¹
Fiscal year endsDecember 31¹
Industry code (SIC)6798 Real Estate Investment Trusts¹
Business addressPo Box 153, Battle Creek, NE 68715¹
Phone301-861-3305¹
Shares outstanding14,732,764 as of Jan 31, 2022³
Public float$30.5M as of Jun 30, 2021³
On EDGAR sinceMay 14, 1996¹
Filings1,283 in all: 4 (505), 8-K (324), 10-Q (78), 3 (32), SC 13D/A (31), DEF 14A (25), 8-K/A (23), 10-K (22)¹
All 59 form types
SC 13G/A (22), DEFA14A (15), SC 13G (15), CORRESP (12), S-11/A (12), EFFECT (11), SC 13D (11), UPLOAD (11), ARS (10), 424B3 (9), PRE 14A (9), 424B2 (7), S-11 (7), S-3 (7), 10-Q/A (5), 10-K/A (4), 10-K405 (4), 424B1 (4), S-8 (4), S-8 POS (4), SC TO-C (4), SC TO-I/A (4), 25 (3), 8-A12B (3), D (3), POS AM (3), S-3/A (3), 25-NSE (2), 3/A (2), 4/A (2), 424B5 (2), 5 (2), DEFM14A (2), FWP (2), NT 10-K (2), PREC14A (2), PREM14A (2), PRER14A (2), RW (2), S-1/A (2), 15-12B (1), 8-A12G (1), CERTNAS (1), CERTNYS (1), DEFC14A (1), DFAN14A (1), S-2 (1), S-3D (1), S-3DPOS (1), S-4 (1), SC TO-I (1)
Latest filingsAnnual report (10-K) Feb 4, 2022
Quarterly report (10-Q) Nov 2, 2021
Proxy statement (DEF 14A) Dec 14, 2020
Latest 8-K (8-K) Apr 25, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARCONDOR HOSPITALITY TRUST, INC. filings on SEC EDGAR
2
SEC EDGARCONDOR HOSPITALITY TRUST, INC. filings on SEC EDGAR
3
SEC EDGARCONDOR HOSPITALITY TRUST, INC. 10-K for fiscal 2020
4
SEC EDGARCONDOR HOSPITALITY TRUST, INC. 10-K for fiscal 2016
5
SEC EDGARCONDOR HOSPITALITY TRUST, INC. 10-K for fiscal 2017
6
SEC EDGARCONDOR HOSPITALITY TRUST, INC. 10-K for fiscal 2018
7
SEC EDGARCONDOR HOSPITALITY TRUST, INC. 10-K for fiscal 2015
8
SEC EDGARCONDOR HOSPITALITY TRUST, INC. 10-K for fiscal 2015
9
SEC EDGARCONDOR HOSPITALITY TRUST, INC. 10-K for fiscal 2015
10
SEC EDGARJ. William Blackham Iii., Chief executive officer
11
SEC EDGARKelly A. Walters, Chief executive officer
12
SEC EDGARPaul J. Schulte, Chief executive officer
13
SEC EDGARJ. William Blackham Iii., President
14
SEC EDGARKelly A. Walters, President
15
SEC EDGARPaul J. Schulte, President
16
SEC EDGARJill Burger, Chief financial officer
17
SEC EDGARArinn Cavey, Chief financial officer
18
SEC EDGARJonathan J. Gantt, Chief financial officer
19
SEC EDGARKelly A. Walters, Chief financial officer
20
SEC EDGARCorrine L. Scarpello, Chief financial officer
21
SEC EDGARDonavon A. Heimes, Chief financial officer
22
SEC EDGARJeffrey Dougan, Chief operating officer
23
SEC EDGARSteven C. Gilbert, Chief operating officer
24
SEC EDGARArinn Cavey, Chief Accounting Officer
25
SEC EDGARPatrick E. Beans, Vice President Treasurer
26
SEC EDGARCorrine L. Scarpello, Sr VP, Chief Accounting Offcr
27
SEC EDGARDavid L. Walter, Senior VP, Treasurer
28
SEC EDGARSteven C. Gilbert, Senior Vice President
29
SEC EDGARDrew Iadanza, Board member
30
SEC EDGARSaul Zang, Board member
31
SEC EDGARMatias Gaivironsky, Board member
32
SEC EDGARNoah Y. Davis, Board member
33
SEC EDGARThomas Calahan, Board member
34
SEC EDGARFlight -. Investco L.p. Srep Iii., Board member
35
SEC EDGARBenjamin Wall, Board member
36
SEC EDGARBrendan Macdonald, Board member
37
SEC EDGARJeff Giller, Board member
38
SEC EDGARMark David Linehan, Board member
39
SEC EDGARJohn M. Dinkel, Board member
40
SEC EDGARDaphne J. Dufresne, Board member
41
SEC EDGARCorrine L. Scarpello, Board member
42
SEC EDGARDonald J. Landry, Board member
43
SEC EDGARJim Friend, Board member
44
SEC EDGARJohn Sabin, Board member
45
SEC EDGARDaniel Ricardo Elsztain, Board member
46
SEC EDGARKelly A. Walters, Board member
47
SEC EDGARRichard A. Frandeen, Board member
48
SEC EDGARWilliam C. Latham, Board member
49
SEC EDGARAllen L. Dayton, Board member
50
SEC EDGARGeorge R. Whittemore, Board member
51
SEC EDGARJeffrey M. Zwedling, Board member
52
SEC EDGARJoseph Caggiano, Board member
53
SEC EDGARLoren Steele, Board member
54
SEC EDGARPatrick J. Jung, Board member
55
SEC EDGARSteve Borgmann, Board member
56
SEC EDGAROther events
57
SEC EDGARExecutive or director change
58
SEC EDGARExecutive or director change
59
SEC EDGARListing notice or transfer
60
SEC EDGARShareholder vote
61
SEC EDGARFinancial statements and exhibits
62
SEC EDGARCompleted an acquisition or sale
63
SEC EDGARShareholder vote; Other events
64
SEC EDGAROther events
65
SEC EDGARResults of operations
66
SEC EDGARGARDNER LEWIS ASSET MANAGEMENT L P SC 13G on CONDOR HOSPITALITY TRUST, INC.
67
SEC EDGARKGT Investments, LLC SC 13D/A on CONDOR HOSPITALITY TRUST, INC.
68
SEC EDGARCONDOR HOSPITALITY TRUST, INC. filing with the SEC