Company: BHR-PD
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001574085-25-000024
Chunk: 208

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 208
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Net (income) loss attributable to redeemable noncontrolling interests in operating partnership4,472 5,230 476 NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY(1,693)(27,017)17,761 Preferred dividends(40,295)(42,304)(21,503)Deemed dividends on preferred stock(8,958)(4,719)(6,954)NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS$(50,946)$(74,040)$(10,696)INCOME (LOSS) PER SHARE - BASIC:Net income (loss) attributable to common stockholders$(0.77)$(1.13)$(0.15)Weighted average common shares outstanding – basic66,500 65,989 69,687 INCOME (LOSS) PER SHARE - DILUTED:Net income (loss) attributable to common stockholders$(0.77)$(1.13)$(0.15)Weighted average common shares outstanding – diluted66,500 65,989 69,687 

See Notes to Consolidated Financial Statements.

109

BRAEMAR HOTELS & RESORTS INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(in thousands)

Year Ended December 31,202420232022NET INCOME (LOSS)$19,763 $(30,628)$19,348 OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:Unrealized gain (loss) on investment in securities(744)— — Total other comprehensive income (loss)(744)— — TOTAL COMPREHENSIVE INCOME (LOSS)19,019 (30,628)19,348 Comprehensive (income) loss attributable to noncontrolling interest in consolidated entities(25,928)(1,619)(2,063)Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership4,532 5,230 476 COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY$(2,377)$(27,017)$17,761 

See Notes to Consolidated Financial Statements.

110

BRAEMAR HOTELS & RESORTS INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EQUITY

(in thousands except per share amounts)

8.25% Series D