Company: DRH-PA
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001298946-25-000015
Chunk: 108

Company: DiamondRock Hospitality Co
Filing Date: 2025-02-28
Form: 10-K
Item: Item 16
Chunk 108
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:8.250% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share), 4,760,000 shares issued and outstanding at December 31, 2024 and 202348 48 Common stock, $0.01 par value; 400,000,000 shares authorized; 207,592,210 and 209,627,197 shares issued and outstanding at December 31, 2024 and 2023, respectively2,076 2,096 Additional paid-in capital2,268,521 2,291,297 Accumulated other comprehensive loss(1,360)(2,036)Distributions in excess of earnings(679,050)(649,330)Total stockholders' equity1,590,235 1,642,075 Noncontrolling interests8,697 6,908 Total equity1,598,932 1,648,983 Total liabilities and equity$3,172,251 $3,238,687 

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

F-6

DIAMONDROCK HOSPITALITY COMPANY

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(in thousands, except share and per share amounts)

Year Ended December 31,202420232022Revenues:  Rooms$742,626 $717,447 $681,269 Food and beverage281,682 259,757 238,234 Other105,575 97,663 82,000 Total revenues1,129,883 1,074,867 1,001,503 Operating expenses:  Rooms186,131 176,765 163,062 Food and beverage193,331 180,546 163,622 Other departmental and support expenses268,563 261,536 233,691 Management fees27,149 24,998 23,439 Franchise fees39,724 35,738 32,683 Other property-level expenses103,347 102,177 80,258 Depreciation and amortization113,588 111,302 108,849 Impairment losses34,169 941 2,843 Corporate expenses52,911 32,048 31,790 Business interruption insurance income— (647)(499)Total operating expenses, net1,018,