Boykin Lodging Company, Cleveland, has notified the Securities and Exchange Commission that it will not file its 10-K financial statement for the year ended December 31, 2003, by March 15.The lodging real estate investment trust reports that it is currently reviewing the accounting treatment related to a Doubletree Kansas City property that was acquired in November 1997. The seller of the property had some "tax increment financing" obligations on the property which have been assumed by a subsidiary of Boykin. And the REIT is now reviewing "whether and to what extent these obligations should be reflected as liabilities and related assets" on its balance sheet. However, the REIT expects to file the form 10-K by March 30, 2004.
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