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Pebblebrook Hotel Trust (PEB)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenues:          
Total revenues   1,141.7907.5733.0560.0398.1257.4442.9
            Total revenues growth   186.7%252.5%65.5%-25.1%-63.6%-83.0%-72.5%
Expenses:          
Hotel operating expenses:          
Depreciation and amortization   233.5227.9224.3222.2223.4224.2224.6
Real estate taxes, personal property taxes, property insurance, and ground rent   117.1113.5111.7113.4115.1113.2114.3
General and administrative   40.240.238.233.731.730.245.2
Impairment   73.361.0   68.874.6
Gain on sale of hotel properties      -64.7-64.5  
Other operating expenses   4.02.62.02.22.73.64.4
    Total operating expenses   1,187.3978.8822.8770.0704.9701.2735.6
    Operating income (loss)   -45.6-71.3-89.8-210.0-306.8-443.7-292.7
            Operating margin   -4.0%-7.9%-12.2%-37.5%-77.1%-172.4%-66.1%
Interest expense   -92.2-93.9-96.6-102.0-106.6-105.8-104.1
Other   0.10.10.10.20.20.50.5
    Income (loss) before income taxes   -137.8-165.1-186.3-311.8-413.1-549.1-396.3
Income tax (expense) benefit     -0.1-4.9-10.7-7.13.7
    Net income (loss)   -137.8-165.1-186.4-316.7-423.8-556.1-392.6
Net income (loss) attributable to non-controlling interests   -0.4-1.3-1.5-1.4-1.5-1.8-0.9
    Net income (loss) attributable to the Company   -137.3-163.8-184.9-315.3-422.2-554.3-391.7
Distributions to preferred shareholders   -46.6-45.3-42.1-38.9-34.5-32.6-32.6
    Net income (loss) attributable to common shareholders   -192.0-217.2-235.0-362.3-456.7-586.8-424.3
   
Net income   ($1.47)($1.67)($1.80)($2.78)($3.50)($4.49)($3.25)
Net income   ($1.48)($1.67)($1.80)($2.78)($3.50)($4.49)($3.25)
   
Weighted-average number of common shares, basic (in shares)   130.9130.8130.8130.8130.7130.6130.6
Weighted-average number of common shares, diluted (in shares)   138.3130.8130.8130.8130.7130.6130.6
   
Comprehensive Income:          
Net income (loss)   -137.8-165.1-186.4-316.7-423.8-556.1-392.6
   
Other comprehensive income (loss):          
Change in fair value of derivative instruments   44.632.915.37.99.03.3-6.4
Amounts reclassified from other comprehensive income   19.223.225.228.130.631.725.3
   
    Comprehensive income (loss)          
Comprehensive income (loss) attributable to non-controlling interests          
    Comprehensive income (loss) attributable to the Company   -74.0-108.1-144.6-279.5-382.9-519.4-427.0

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