$CLDT
Chatham Lodging Trust Stock $cldt

$cldt Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000147604523000066 Filed on November 02, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$72.28M	$86.74M
YoY Change	2.78%	-1.3%
Cost Of Revenue	$18.75M	$47.67M
YoY Change	3.94%	9.12%
Gross Profit	$53.53M	$39.07M
YoY Change	2.39%	-11.6%
Gross Profit Margin	74.06%	45.05%
Selling, General & Admin	$35.11M	$38.21M
YoY Change	5.35%	4.02%
% of Gross Profit	65.59%	97.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.59M	$14.69M
YoY Change	1.81%	0.2%
% of Gross Profit	27.25%	37.59%
Operating Expenses	$49.75M	$52.90M
YoY Change	4.28%	2.93%
Operating Profit	$3.779M	$13.87M
YoY Change	-17.38%	-26.09%
Interest Expense	-$6.553M	$6.849M
YoY Change	-2.56%	6.95%
% of Operating Profit	-173.41%	49.37%
Other Income/Expense, Net
YoY Change
Pretax Income	-$9.334M	$7.499M
YoY Change	338.42%	-39.41%
Income Tax	$0.00	$0.00
% Of Pretax Income		0.0%
Net Earnings	-$10.97M	$7.329M
YoY Change	173.04%	-39.57%
Net Earnings / Revenue	-15.17%	8.45%
Basic Earnings Per Share		$0.11
Diluted Earnings Per Share	-$0.24	$0.11
COMMON SHARES
Basic Shares Outstanding	48.86M shares	48.86M shares
Diluted Shares Outstanding		49.00M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$68.13M	$71.65M
YoY Change	159.31%	259.77%
Cash & Equivalents	$68.13M	$71.65M
Short-Term Investments
Other Short-Term Assets	$3.786M	$6.158M
YoY Change	10.38%	-3.46%
Inventory
Prepaid Expenses
Receivables	$4.375M	$5.198M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$76.29M	$83.00M
YoY Change	118.71%	99.91%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.246B	$1.260B
YoY Change	-2.94%	-2.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$21.87M	$22.75M
YoY Change	240.15%	513.27%
Total Long-Term Assets	$1.268B	$1.283B
YoY Change	-3.15%	-2.3%
TOTAL ASSETS
Total Short-Term Assets	$76.29M	$83.00M
Total Long-Term Assets	$1.268B	$1.283B
Total Assets	$1.344B	$1.366B
YoY Change	0.01%	0.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$29.26M	$35.79M
YoY Change	2.55%	4.36%
Accrued Expenses	$20.81M	$20.92M
YoY Change	-5.88%	-6.05%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$55.48M	$62.07M
YoY Change	-0.68%	6.64%
LONG-TERM LIABILITIES
Long-Term Debt	$484.1M	$486.1M
YoY Change	3.02%	2.96%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$484.1M	$486.1M
YoY Change	3.02%	2.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$55.48M	$62.07M
Total Long-Term Liabilities	$484.1M	$486.1M
Total Liabilities	$539.6M	$548.1M
YoY Change	2.63%	3.36%
SHAREHOLDERS EQUITY
Retained Earnings	-$271.7M	-$257.3M
YoY Change	7.51%	4.91%
Common Stock	$1.048B	$1.048B
YoY Change	0.01%	0.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$776.1M	$790.4M
YoY Change
Total Liabilities & Shareholders Equity	$1.344B	$1.366B
YoY Change	0.01%	0.83%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	-$10.97M	$7.329M
YoY Change	173.04%	-39.57%
Depreciation, Depletion And Amortization	$14.59M	$14.69M
YoY Change	1.81%	0.2%
Cash From Operating Activities	$10.12M	$33.58M
YoY Change	-51.83%	16.55%
INVESTING ACTIVITIES
Capital Expenditures	$6.680M	$5.833M
YoY Change	158.71%	-272.98%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change	-100.0%
Cash From Investing Activities	-$6.680M	-$5.833M
YoY Change	158.81%	72.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-7.672M	14.53M
YoY Change	2.66%	-176.37%
NET CHANGE
Cash From Operating Activities	10.12M	33.58M
Cash From Investing Activities	-6.680M	-5.833M
Cash From Financing Activities	-7.672M	14.53M
Net Change In Cash	-4.232M	42.28M
YoY Change	-138.63%	559.63%
FREE CASH FLOW
Cash From Operating Activities	$10.12M	$33.58M
Capital Expenditures	$6.680M	$5.833M
Free Cash Flow	$3.440M	$27.75M
YoY Change	-81.33%	-13.79%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Construction Loan ConstructionLoan	0	usd
CY2022Q4	us-gaap	Construction Loan ConstructionLoan	39331000	usd
CY2023Q3	us-gaap	Unsecured Debt UnsecuredDebt	89469000	usd
CY2022Q4	us-gaap	Unsecured Debt UnsecuredDebt	0	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	87885000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	238832000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	224531000	usd
	us-gaap	Interest Expense InterestExpense	19729000	usd
CY2022Q3	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1987000	usd
CY2023Q3	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2023Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	181000	usd
CY2023Q3	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1987000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	7499000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	817846000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	814193000	usd
	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	487000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3727000	usd
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	5962000	usd
	cldt	Noncontrolling Interest Increase Decrease From Reallocation NoncontrollingInterestIncreaseDecreaseFromReallocation	0	usd
	us-gaap	Profit Loss ProfitLoss	12000000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	824383000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	817997000	usd
	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	540000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4209000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.21
	us-gaap	Dividends Common Stock DividendsCommonStock	10260000	usd
	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.21
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	544000	usd
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	5962000	usd
	cldt	Noncontrolling Interest Increase Decrease From Reallocation NoncontrollingInterestIncreaseDecreaseFromReallocation	0	usd
	us-gaap	Profit Loss ProfitLoss	11822000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	817846000	usd
	us-gaap	Profit Loss ProfitLoss	11822000	usd
	us-gaap	Profit Loss ProfitLoss	12000000	usd
	us-gaap	Depreciation Depreciation	43454000	usd
	us-gaap	Depreciation Depreciation	44797000	usd
	cldt	Amortization Of Deferred Franchise Fees AmortizationOfDeferredFranchiseFees	161000	usd
	cldt	Amortization Of Deferred Franchise Fees AmortizationOfDeferredFranchiseFees	187000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	888000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1096000	usd
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	56000	usd
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	2129000	usd
	cldt	Gain Loss On Extinguishment Of Debt Noncash GainLossOnExtinguishmentOfDebtNoncash	-672000	usd
	cldt	Gain Loss On Extinguishment Of Debt Noncash GainLossOnExtinguishmentOfDebtNoncash	0	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	4562000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	4132000	usd
	us-gaap	Gain Loss On Termination Of Lease GainLossOnTerminationOfLease	164000	usd
	us-gaap	Gain Loss On Termination Of Lease GainLossOnTerminationOfLease	0	usd
	cldt	Increase Decrease In Right Of Use Asset IncreaseDecreaseInRightOfUseAsset	-483000	usd
	cldt	Increase Decrease In Right Of Use Asset IncreaseDecreaseInRightOfUseAsset	-512000	usd
	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	21000	usd
	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	12240000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	2747000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3702000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	7811000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6482000	usd
	cldt	Increase Decrease In Lease Liability IncreaseDecreaseInLeaseLiability	-497000	usd
	cldt	Increase Decrease In Lease Liability IncreaseDecreaseInLeaseLiability	-434000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	50526000	usd
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	21433000	usd
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	12385000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	31048000	usd
	cldt	Payments To Acquire Investment In Hotel Properties Under Development PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment	0	usd
	cldt	Payments To Acquire Investment In Hotel Properties Under Development PaymentsToAcquireInvestmentInHotelPropertiesUnderDevelopment	3995000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	usd
	us-gaap	Repayments Of Construction Loans Payable RepaymentsOfConstructionLoansPayable	39331000	usd
	us-gaap	Repayments Of Construction Loans Payable RepaymentsOfConstructionLoansPayable	0	usd
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	90000000	usd
	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45153000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	29869000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	86741000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	6849000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	6404000	usd
	us-gaap	Interest Expense InterestExpense	19729000	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	12376000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	824383000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	814487000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1437000	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q3	us-gaap	Dividends Common Stock DividendsCommonStock	3421000	usd
	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	46000	usd
	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	175000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	66322000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	79569000	usd
	cldt	Receipt Of Deferred Key Money ReceiptOfDeferredKeyMoney	0	usd
	cldt	Receipt Of Deferred Key Money ReceiptOfDeferredKeyMoney	400000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-21433000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	32541000	usd
	us-gaap	Proceeds From Secured Lines Of Credit ProceedsFromSecuredLinesOfCredit	0	usd
	us-gaap	Proceeds From Secured Lines Of Credit ProceedsFromSecuredLinesOfCredit	40000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	110000000	usd
	us-gaap	Proceeds From Construction Loans Payable ProceedsFromConstructionLoansPayable	0	usd
	us-gaap	Proceeds From Construction Loans Payable ProceedsFromConstructionLoansPayable	4324000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	116117000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	6697000	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	82925000	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	0	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	966000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	194000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	44000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	45000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-61000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	44828000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	4329000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	89981000	usd
	us-gaap	Interest Paid Net InterestPaidNet	18104000	usd
	us-gaap	Interest Paid Net InterestPaidNet	19169000	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	0	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	330000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	840000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	695000	usd
	cldt	Remeasurement Of Right Of Use Asset From Partial Lease Termination RemeasurementOfRightOfUseAssetFromPartialLeaseTermination	531000	usd
	cldt	Remeasurement Of Right Of Use Asset From Partial Lease Termination RemeasurementOfRightOfUseAssetFromPartialLeaseTermination	0	usd
	cldt	Remeasurement Of Lease Liability From Partial Lease Termination RemeasurementOfLeaseLiabilityFromPartialLeaseTermination	695000	usd
	cldt	Remeasurement Of Lease Liability From Partial Lease Termination RemeasurementOfLeaseLiabilityFromPartialLeaseTermination	0	usd
CY2023Q1	us-gaap	Stock Issued During Period Shares Employee Benefit Plan StockIssuedDuringPeriodSharesEmployeeBenefitPlan	43378	shares
CY2022Q1	us-gaap	Stock Issued During Period Shares Employee Benefit Plan StockIssuedDuringPeriodSharesEmployeeBenefitPlan	34672	shares
CY2023Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5370000	usd
CY2022Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1656000	usd
CY2023Q3	cldt	Accrued Share Based Compensation AccruedShareBasedCompensation	353000	usd
CY2022Q3	cldt	Accrued Share Based Compensation AccruedShareBasedCompensation	405000	usd
CY2023Q3	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	1190000	usd
CY2022Q3	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	1113000	usd
CY2023Q3	cldt	Aggregate Number Of Rooms In Hotels AggregateNumberOfRoomsInHotels	5915	room
CY2023Q3	cldt	Number Of States In Which Hotels Are Owned NumberOfStatesInWhichHotelsAreOwned	16	state
	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</span></div>
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1264252000	usd
CY2022	cldt	Business Combination Property Acquisition Costs Capitalized BusinessCombinationPropertyAcquisitionCostsCapitalized	48000	usd
CY2022Q2	cldt	Number Of Hotels Sold NumberOfHotelsSold	3	hotel
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	400000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	300000	usd
CY2023Q3	us-gaap	Land Land	289671000	usd
CY2022Q4	us-gaap	Land Land	289589000	usd
CY2023Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1276283000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1267035000	usd
CY2023Q3	cldt	Furniture Fixtures And Equipment FurnitureFixturesAndEquipment	107756000	usd
CY2022Q4	cldt	Furniture Fixtures And Equipment FurnitureFixturesAndEquipment	98373000	usd
CY2023Q3	us-gaap	Development In Process DevelopmentInProcess	14074000	usd
CY2022Q4	us-gaap	Development In Process DevelopmentInProcess	11710000	usd
CY2023Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1687784000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1666707000	usd
CY2023Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	445829000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	402455000	usd
CY2023Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1241955000	usd
CY2023Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	506040000	usd
CY2023Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	487735000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	470257000	usd
CY2023Q3	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	1664000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	373000	usd
CY2023Q3	us-gaap	Secured Debt SecuredDebt	486071000	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	469884000	usd
CY2023Q3	cldt	Number Of Mortgage Loans NumberOfMortgageLoans	5	mortgage_loan
	cldt	Number Of Mortgage Debt Lenders Enforcing Cash Trap Provisions NumberOfMortgageDebtLendersEnforcingCashTrapProvisions	4	mortgage_debt_lender
CY2023Q3	us-gaap	Restricted Cash RestrictedCash	6200000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	1846000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	297003000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	105961000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	0	usd
CY2023Q3	cldt	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	82925000	usd
CY2023Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	487735000	usd
CY2023Q3	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	1664000	usd
CY2023Q3	us-gaap	Secured Debt SecuredDebt	486071000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q3	cldt	Common Stock Total Regular Dividends Per Share Declared CommonStockTotalRegularDividendsPerShareDeclared	0.07
CY2023Q3	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
	cldt	Common Stock Total Regular Dividends Per Share Declared CommonStockTotalRegularDividendsPerShareDeclared	0.21
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	130711	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	229996	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49004084	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49072895	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48976085	shares
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q2	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q3	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.21
	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.21
CY2023Q1	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.41406
CY2023Q2	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.41406
CY2023Q3	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.41406
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	1.24218
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q3	cldt	Common Stock Number Of Votes Per Common Share CommonStockNumberOfVotesPerCommonShare	1	vote
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	48858127	shares
CY2023Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	4800000	shares
CY2023Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	4800000	shares
CY2023Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2000000	usd
	cldt	Stockholders Equity Note Stock Redemption Exchange Ratio StockholdersEquityNoteStockRedemptionExchangeRatio	1
CY2023Q3	cldt	Vested Operating Partnership Units Held By Current And Former Employees VestedOperatingPartnershipUnitsHeldByCurrentAndFormerEmployees	1587317000	shares
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5342000	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	10141000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5662000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5872000	usd
CY2023Q3	cldt	Dividends Paid On Unvested Restricted Shares DividendsPaidOnUnvestedRestrictedShares	27000	usd
CY2022Q3	cldt	Dividends Paid On Unvested Restricted Shares DividendsPaidOnUnvestedRestrictedShares	0	usd
	cldt	Dividends Paid On Unvested Restricted Shares DividendsPaidOnUnvestedRestrictedShares	83000	usd
	cldt	Dividends Paid On Unvested Restricted Shares DividendsPaidOnUnvestedRestrictedShares	0	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	5315000	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	10141000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	5579000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	5872000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48850339	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48798528	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48845374	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48793839	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	153745	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	274367	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49023835	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.21
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.21
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2023Q2	us-gaap	Net Rentable Area NetRentableArea	7374	sqft
CY2023Q2	cldt	Early Termination Payment EarlyTerminationPayment	100000	usd
	us-gaap	Gain Loss On Termination Of Lease GainLossOnTerminationOfLease	200000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	468000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1875000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	1940000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	1727000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1272000	usd
CY2023Q3	cldt	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	63553000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	70835000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	49919000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	20916000	usd
	cldt	Operating Lease Fixed Lease Payments OperatingLeaseFixedLeasePayments	900000	usd
	us-gaap	Variable Lease Payment VariableLeasePayment	600000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	19297000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	22108000	usd
	cldt	Amortization Of Right Of Use Asset AmortizationOfRightOfUseAsset	483000	usd
	cldt	Amortization Of Lease Liability AmortizationOfLeaseLiability	497000	usd
	cldt	Partial Lease Termination Of Right Of Use Asset PartialLeaseTerminationOfRightOfUseAsset	531000	usd
	cldt	Partial Lease Termination Of Lease Liability PartialLeaseTerminationOfLeaseLiability	695000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	18283000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	20916000	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P42Y1M2D
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0689
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false

Files In Submission

Name	View Source	Status
0001476045-23-000066-index-headers.html	Edgar Link	pending
0001476045-23-000066-index.html	Edgar Link	pending
0001476045-23-000066.txt	Edgar Link	pending
0001476045-23-000066-xbrl.zip	Edgar Link	pending
cldt-20230930.htm	Edgar Link	pending
cldt-20230930.xsd	Edgar Link	pending
cldtex31120230930.htm	Edgar Link	pending
cldtex31220230930.htm	Edgar Link	pending
cldtex32120230930.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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R1.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
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cldt-20230930_def.xml	Edgar Link	unprocessable
cldt-20230930_lab.xml	Edgar Link	unprocessable
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cldt-20230930_htm.xml	Edgar Link	completed
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R25.htm	Edgar Link	pending
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R58.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
cldt-20230930_cal.xml	Edgar Link	unprocessable
cldt-20230930_pre.xml	Edgar Link	unprocessable

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$CLDT
Chatham Lodging Trust Stock $cldt

2023 Q4 Form 10-Q Financial Statement

#000147604523000066 Filed on November 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CLDT Chatham Lodging Trust Stock $cldt

2023 Q4 Form 10-Q Financial Statement

#000147604523000066 Filed on November 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CLDT
Chatham Lodging Trust Stock $cldt