Company: PEB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001474098-25-000119
Chunk: 21

Company: Pebblebrook Hotel Trust
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 21
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418)(2,418)(37)(2,455)Distributions on preferred shares/units— — — — — — (21,263)(21,263)(2,328)(23,591)Other comprehensive income (loss):Change in fair value of derivative instruments— — — — — 17,211 — 17,211 33 17,244 Amounts reclassified from other comprehensive income— — — — — (12,304)— (12,304)— (12,304)Net income (loss)— — — — — — 2,586 2,586 2,133 4,719 Balance at June 30, 202427,600,000$276 120,094,380$1,201 $4,077,360 $29,281 $(1,362,359)$2,745,759 $88,676 $2,834,435 

The accompanying notes are an integral part of these financial statements.

7

Pebblebrook Hotel TrustConsolidated Statements of Cash Flows(in thousands)(Unaudited) For the six months ended June 30, 20252024Operating activities:Net income (loss)$(12,895)$4,719 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:Depreciation and amortization115,188 114,505 Provision for deferred income taxes3,334 — Share-based compensation6,742 6,583 Amortization of deferred financing costs, non-cash interest and other amortization5,889 6,685 Non-cash ground rent4,881 4,924 Other adjustments(230)(2,783)Changes in assets and liabilities:Hotel receivables(10,438)(19,297)Prepaid expenses and other assets10,552 10,419 Accounts payable and accrued expenses9,242 (5,843)Deferred revenues8,618 9,759 Net cash provided by (used in) operating activities140,883 129,671 Investing activities:Improvements and additions to hotel properties(49,508)(82,672)Property insurance proceeds2,386 21,529 Other investing activities(382)(560)Net cash provided by (used in) investing activities