Company: BHR-PD
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001574085-25-000092
Chunk: 12

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 from property insurance3,112 542 Proceeds from sale of investment in securities23,750 — Acquisition of land(5,509)— Improvements and additions to hotel properties(33,012)(39,224)Net cash provided by (used in) investing activities(11,659)(38,682)CASH FLOWS FROM FINANCING ACTIVITIESBorrowings on indebtedness363,000 62,000 Repayments of indebtedness(365,180)(30,000)Payments of loan costs and exit fees(8,855)(3,311)Payments for derivatives(508)(1,295)Proceeds from derivatives424 3,275 Purchase of common stock(51)(369)Payments for dividends and distributions(24,202)(26,244)Contributions from noncontrolling interest in consolidated entities306 — Redemption of operating partnership units(92)— Redemption of preferred stock(40,746)(10,974)Net cash provided by (used in) financing activities(75,904)(6,918)Net change in cash, cash equivalents and restricted cash (49,368)14,556 Cash, cash equivalents and restricted cash at beginning of period185,057 166,503 Cash, cash equivalents and restricted cash at end of period$135,689 $181,059 

7

Six Months Ended June 30,20252024SUPPLEMENTAL CASH FLOW INFORMATIONInterest paid$45,361 $51,021 Income taxes paid (refunded)463 119 SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIESDividends and distributions declared but not paid$8,627 $9,333 Common stock purchases accrued but not paid750 — Assumption of debt in acquisition of land5,360 — Capital expenditures accrued but not paid8,300 12,972 Distributions declared but not paid to a noncontrolling interest in a consolidated entity2,125 3,723 Non-cash preferred stock dividends1,602 1,708 Unsettled proceeds from derivatives57 297 Non-cash common stock/unit dividends502 35 Non-cash redemption of common units9,284 — Non-cash consideration for acquisition of land1,814 — SUPPLEMENTAL DISCLOSURE OF CASH, CASH EQUIVALENTS AND REST