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Pebblebrook Hotel Trust (PEB)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Total revenues  733.0442.91,612.2828.7769.3816.4770.9598.8
            Total revenues growth  65.5%-72.5%94.6%7.7%-5.8%5.9%28.7%22.4%
Expenses:          
Hotel operating expenses:          
Depreciation and amortization  224.3224.6234.9108.5102.3   
Real estate taxes, personal property taxes, property insurance, and ground rent  111.7114.3125.054.248.550.546.936.9
General and administrative  38.245.234.020.920.127.932.328.3
Impairment  14.974.6      
Gain on sale of hotel properties  -64.7-117.4-2.82.1    
Other operating expenses  1.94.48.9-10.99.9   
    Total operating expenses  822.8735.61,382.9761.7633.9636.41,707.61,352.1
    Operating income (loss)  -89.8-292.7229.367.0135.4180.0127.691.3
            Operating margin  -12.2%-66.1%14.2%8.1%17.6%22.0%16.6%15.2%
Interest expense  -96.6-104.1-108.5-53.9-37.3-43.6-38.8-27.1
Other  0.10.50.02.12.40.3  
    Income (loss) before income taxes  -186.3-396.3120.915.1100.473.897.676.8
Income tax (expense) benefit  -0.13.7-5.2-1.7-0.20.1-2.6-3.3
    Net income (loss)  -186.4-392.6115.713.4100.374.095.073.5
Net income (loss) attributable to non-controlling interests  -1.5-0.90.30.00.40.30.30.7
    Net income (loss) attributable to the Company  -184.9-391.7115.413.499.973.794.772.9
Distributions to preferred shareholders  -42.1-32.6-32.6-17.5-16.1-19.7-26.0-25.1
    Net income (loss) attributable to common shareholders  -235.0-424.382.9-4.183.847.068.747.8
   
Net income  ($1.80)($3.25)$0.63($0.06)$1.20$0.65$0.95$0.72
Net income  ($1.80)($3.25)$0.63($0.06)$1.19$0.64$0.94$0.71
   
Weighted-average number of common shares, basic (in shares)  130.8130.6130.574.369.671.971.765.6
Weighted-average number of common shares, diluted (in shares)  130.8130.6130.774.370.072.472.466.3
   
Comprehensive Income:          
Net income (loss)  -186.4-392.6115.713.4100.374.095.073.5
   
Other comprehensive income (loss):          
Change in fair value of derivative instruments  15.3-63.9-25.8-1.9    
Amounts reclassified from other comprehensive income  25.228.5-0.3-1.0    
   
    Comprehensive income (loss)          
Comprehensive income (loss) attributable to non-controlling interests          
    Comprehensive income (loss) attributable to the Company  -144.6-427.089.510.5105.976.190.371.5

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