Company: PEB
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001474098-25-000138
Chunk: 23

Company: Pebblebrook Hotel Trust
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 23
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 Continued(in thousands, except share data)(Unaudited)For the nine months ended September 30, 2024Preferred SharesCommon SharesAdditional Paid-In CapitalAccumulated Other Comprehensive Income (Loss)Distributions in Excess of Retained EarningsTotal Shareholders' EquityNon-Controlling InterestsTotal EquitySharesAmountSharesAmountBalance at December 31, 202327,600,000 $276 120,191,349 $1,202 $4,078,912 $24,374 $(1,341,264)$2,763,500 $86,845 $2,850,345 Issuance of common shares for Board of Trustees compensation— — 47,497 1 744 — — 745 — 745 Repurchase of common shares— — (1,242,644)(13)(16,838)— — (16,851)— (16,851)Share-based compensation— — 289,192 3 6,990 — — 6,993 3,091 10,084 Distributions on common shares/units— — — — — — (3,624)(3,624)(47)(3,671)Distributions on preferred shares/units— — — — — — (31,894)(31,894)(3,492)(35,386)Other comprehensive income (loss):Change in fair value of derivative instruments— — — — — 5,188 — 5,188 (121)5,067 Amounts reclassified from other comprehensive income— — — — — (18,299)— (18,299)— (18,299)Net income (loss)— — — — — — 46,243 46,243 3,621 49,864 Balance at September 30, 202427,600,000$276 119,285,394$1,193 $4,069,808 $11,263 $(1,330,539)$2,752,001 $89,897 $2,841,898 

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

8

Pebblebrook Hotel TrustConsolidated Statements of Cash Flows(in thousands)(Unaudited)