Company: PEB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001474098-25-000039
Chunk: 16

Company: Pebblebrook Hotel Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 15
Chunk 16
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(in thousands, except share and per-share data)For the year ended December 31,202420232022Comprehensive Income:Net income (loss)$16 $(74,276)$(84,981)Other comprehensive income (loss):Change in fair value of derivative instruments15,102 17,572 55,479 Amounts reclassified from other comprehensive income(23,001)(28,995)52 Comprehensive income (loss)(7,883)(85,699)(29,450)Comprehensive income (loss) attributable to non-controlling interests4,183 3,668 2,555 Comprehensive income (loss) attributable to the Company$(12,066)$(89,367)$(32,005)

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

F-7

Table of Contents

Pebblebrook Hotel TrustConsolidated Statements of Equity(in thousands, except share data)For the year ended December 31, 2022Preferred SharesCommon SharesAdditional Paid-In CapitalAccumulated Other Comprehensive Income (Loss)Distributions in Excess of Retained EarningsTotal Shareholders' EquityNon-Controlling InterestsTotal EquitySharesAmountSharesAmountBalance at December 31, 202129,600,000 $296 130,813,750 $1,308 $4,268,042 $(19,442)$(1,094,023)$3,156,181 $7,724 $3,163,905 Redemption of preferred shares(1,000,000)(10)— — (24,176)— 8,186 (16,000)— (16,000)Issuance of shares, net of offering costs— — — — (123)— — (123)— (123)Issuance of operating partnership units— — — — — — — 78,000 78,000 Issuance of common shares for Board of Trustees compensation— — 33,866 1 737 — — 738 — 738 Repurchase of common shares— — (4,609,626)(47)(70,677)— — (70,724)— (70,724)Share-based compensation— — 107,303 1 8,556 — — 8,557 2,793 11,350