Pebblebrook Hotel Trust
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
PEB$21.76+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| Pebblebrook Hotel TrustConsolidated Balance Sheets(in thousands, except share and per-share data) | ||
|---|---|---|
| December 31, 2024 | December 31, 2023 | |
| ASSETS | ||
| Investment in hotel properties, net | $5,319,029 | $5,490,776 |
| Cash and cash equivalents | 206,650 | 183,747 |
| Restricted cash | 10,941 | 9,894 |
| Hotel receivables (net of allowance for doubtful accounts of $439 and $689, respectively) | 39,125 | 43,912 |
| Prepaid expenses and other assets | 117,593 | 96,644 |
| Total assets | $5,693,338 | $5,824,973 |
| LIABILITIES AND EQUITY | ||
| Debt | $2,246,732 | $2,319,801 |
| Accounts payable, accrued expenses and other liabilities | 222,230 | 238,644 |
| Lease liabilities - operating leases | 320,741 | 320,617 |
| Deferred revenues | 92,347 | 76,874 |
| Accrued interest | 11,549 | 6,830 |
| Distribution payable | 11,865 | 11,862 |
| Total liabilities | 2,905,464 | 2,974,628 |
| Commitments and contingencies (Note 11) | ||
| Shareholders’ equity: | ||
| Preferred shares of beneficial interest, $.01 par value (liquidation preference $690,000 at December 31, 2024 and 2023), 100,000,000 shares authorized; 27,600,000 shares issued and outstanding at December 31, 2024 and 2023 | 276 | 276 |
| Common shares of beneficial interest, $.01 par value, 500,000,000 shares authorized; 119,285,394 and 120,191,349 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 1,193 | 1,202 |
| Additional paid-in capital | 4,072,265 | 4,078,912 |
| Accumulated other comprehensive income (loss) | 16,550 | 24,374 |
| Distributions in excess of retained earnings | (1,392,860) | (1,341,264) |
| Total shareholders’ equity | 2,697,424 | 2,763,500 |
| Non-controlling interests | 90,450 | 86,845 |
| Total equity | 2,787,874 | 2,850,345 |
| Total liabilities and equity | $5,693,338 | $5,824,973 |
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