Company: PEB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001474098-25-000039
Chunk: 15

Company: Pebblebrook Hotel Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 15
Chunk 15
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543 Other direct and indirect436,397 428,897 413,939 Total hotel operating expenses961,003 941,080 883,474 Depreciation and amortization229,531 240,645 239,583 Real estate taxes, personal property taxes, property insurance, and ground rent126,183 124,595 126,134 General and administrative48,081 44,789 39,187 Impairment48,146 81,788 89,633 Gain on sale of hotel properties— (30,375)(6,194)Business interruption insurance income and gain on insurance settlement(48,574)(32,985)— Other operating expenses4,913 12,602 5,352 Total operating expenses1,369,283 1,382,139 1,377,169 Operating income (loss)84,026 37,810 14,722 Interest expense(112,432)(115,660)(99,988)Other2,794 4,229 562 Income (loss) before income taxes(25,612)(73,621)(84,704)Income tax (expense) benefit25,628 (655)(277)Net income (loss)16 (74,276)(84,981)Net income (loss) attributable to non-controlling interests4,258 3,741 2,190 Net income (loss) attributable to the Company(4,242)(78,017)(87,171)Distributions to preferred shareholders(42,525)(43,649)(45,074)Redemption of preferred shares— 8,396 8,186 Net income (loss) attributable to common shareholders$(46,767)$(113,270)$(124,059)Net income (loss) per share available to common shareholders, basic$(0.39)$(0.93)$(0.95)Net income (loss) per share available to common shareholders, diluted$(0.39)$(0.93)$(0.95)Weighted-average number of common shares, basic119,774,655 121,813,042 130,453,944 Weighted-average number of common shares, diluted119,774,655 121,813,042 130,453,944 

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Table of Contents

Pebblebrook Hotel TrustConsolidated Statements of Operations and Comprehensive Income - Continued