Company: BHR-PD
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001574085-25-000092
Chunk: 150

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 150
---
 stockholders - basic and diluted:Net income (loss) attributable to the Company$(5,467)$(11,565)$5,531 $4,364 Less: dividends on preferred stock(8,992)(10,329)(18,261)(20,736)Less: deemed dividends on preferred stock(1,559)(26)(5,835)(2,024)Less: dividends on common stock(3,411)(3,326)(6,764)(6,650)Less: dividends on unvested performance stock units(19)(21)(38)(42)Undistributed net income (loss) allocated to common stockholders(19,448)(25,267)(25,367)(25,088)Add back: dividends on common stock3,411 3,326 6,764 6,650 Distributed and undistributed net income (loss) - basic and diluted $(16,037)$(21,941)$(18,603)$(18,438)Weighted average common shares outstanding:Weighted average common shares outstanding – basic and diluted67,279 66,501 67,013 66,478 Income (loss) per share - basic and diluted:Net income (loss) allocated to common stockholders per share$(0.24)$(0.33)$(0.28)$(0.28)Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect the adjustments for the following items (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Net income (loss) allocated to common stockholders is not adjusted for:Income (loss) allocated to unvested performance stock units19 21 $38 $42 Income (loss) attributable to redeemable noncontrolling interests in operating partnership(1,489)(1,919)(1,751)(1,623)Dividends on preferred stock - Series B1,058 1,058 2,116 2,116 Interest expense on Convertible Senior Notes1,133 1,124 2,264 2,247 Dividends on preferred stock - Series E (inclusive of deemed dividends)7,913 7,596 18,805 16,997 Dividends on preferred stock - Series M (inclusive of deemed dividends)755 876 1,525 1,997 Total