Company: PEB
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001474098-25-000138
Chunk: 41

Company: Pebblebrook Hotel Trust
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 41
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 accrued expenses and other liabilities in the accompanying consolidated balance sheets. The Company expects approximately $4.4 million will be reclassified from accumulated other comprehensive income (loss) to interest expense within the next 12 months. 

17

In October 2025, the Company entered into interest rate swap agreements with an aggregate notional amount of $200.0 million that became effective in the same month upon the maturity of previous swaps.

Note 6. Revenue

The Company presents revenue on a disaggregated basis in the accompanying consolidated statements of operations and comprehensive income. The following table presents revenues by geographic location for the three and nine months ended September 30, 2025 and 2024 (in thousands): For the three months ended September 30,For the nine months ended September 30,2025202420252024San Diego, CA$96,543 $101,639 $258,454 $258,117 Boston, MA76,824 77,605 204,553 203,483 Southern Florida/Georgia46,614 46,390 203,020 196,281 Los Angeles, CA44,565 49,574 123,492 142,382 San Francisco, CA38,428 36,291 109,478 99,710 Chicago, IL26,787 25,513 60,408 57,033 Portland, OR25,751 25,574 60,129 60,101 Washington, D.C.13,495 16,432 48,920 53,336 Other(1)29,716 25,512 58,072 45,266 Total Revenues$398,723 $404,530 $1,126,526 $1,115,709 ______________________(1)     Other includes: Newport, RI and Santa Cruz, CA.Payments from customers are primarily made when services are provided. Due to the short-term nature of the Company's contracts (other than membership contracts) and the almost simultaneous receipt of payment, almost all of the contract liability balance at the beginning of the period is expected to be recognized as revenue over the following 12 months. Membership deposits, which are received pursuant to membership contracts, are recognized as revenue over the expected life of the membership.

Note 7. Equity

Common SharesThe Company is authorized to issue up to 500,000,000 common shares. Each outstanding common share