$CLDT
Chatham Lodging Trust Stock $cldt

$cldt Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000147604524000035 Filed on May 06, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$86.48M	$68.44M
YoY Change	2.37%	1.23%
Cost Of Revenue	$46.57M	$41.84M
YoY Change	166.47%	3.37%
Gross Profit	$39.91M	$26.60M
YoY Change	-40.43%	-1.98%
Gross Profit Margin	46.15%	38.86%
Selling, General & Admin	$37.59M	$34.30M
YoY Change	1.88%	-0.12%
% of Gross Profit	94.18%	128.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.91M	$15.26M
YoY Change	2.03%	6.99%
% of Gross Profit	37.37%	57.35%
Operating Expenses	$52.50M	$49.55M
YoY Change	1.82%	1.97%
Operating Profit	$14.09M	$977.0K
YoY Change	-8.73%	-52.73%
Interest Expense	-$7.039M	$7.307M
YoY Change	12.57%	13.5%
% of Operating Profit	-49.96%	747.9%
Other Income/Expense, Net
YoY Change
Pretax Income	$7.034M	-$5.484M
YoY Change	-24.89%	8.77%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%
Net Earnings	$6.848M	-$5.225M
YoY Change	-4.32%	7.75%
Net Earnings / Revenue	7.92%	-7.63%
Basic Earnings Per Share	$0.10	-$0.15
Diluted Earnings Per Share	$0.10	-$0.15
COMMON SHARES
Basic Shares Outstanding	48.91M shares	48.90M shares
Diluted Shares Outstanding	49.01M shares	48.89M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$10.60M	$72.26M
YoY Change	-67.8%	221.54%
Cash & Equivalents	$10.60M	$72.26M
Short-Term Investments
Other Short-Term Assets	$8.197M	$9.694M
YoY Change	-14.65%	0.64%
Inventory
Prepaid Expenses
Receivables	$4.176M	$3.748M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$22.97M	$85.70M
YoY Change	-52.36%	133.83%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.260B	$1.223B
YoY Change	-0.7%	-4.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$19.73M	$24.01M
YoY Change	297.3%	399.58%
Total Long-Term Assets	$1.280B	$1.247B
YoY Change	-0.69%	-3.7%
TOTAL ASSETS
Total Short-Term Assets	$22.97M	$85.70M
Total Long-Term Assets	$1.280B	$1.247B
Total Assets	$1.302B	$1.333B
YoY Change	-2.56%	0.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$28.46M	$29.29M
YoY Change	-5.04%	10.03%
Accrued Expenses	$20.86M	$20.70M
YoY Change	-0.76%	-5.72%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$54.80M	$55.41M
YoY Change	-2.69%	2.9%
LONG-TERM LIABILITIES
Long-Term Debt	$449.8M	$482.6M
YoY Change	-3.45%	2.95%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$449.8M	$482.6M
YoY Change	-3.45%	2.95%
TOTAL LIABILITIES
Total Short-Term Liabilities	$54.80M	$55.41M
Total Long-Term Liabilities	$449.8M	$482.6M
Total Liabilities	$504.6M	$538.0M
YoY Change	-7.95%	2.95%
SHAREHOLDERS EQUITY
Retained Earnings	-$280.9M	-$282.3M
YoY Change	8.36%	7.37%
Common Stock	$1.047B	$1.047B
YoY Change	-0.03%	-0.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$766.5M	$765.0M
YoY Change
Total Liabilities & Shareholders Equity	$1.302B	$1.333B
YoY Change	-2.56%	0.08%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$6.848M	-$5.225M
YoY Change	-4.32%	7.75%
Depreciation, Depletion And Amortization	$14.91M	$15.26M
YoY Change	2.03%	6.99%
Cash From Operating Activities	$25.18M	$6.891M
YoY Change	-10.05%	45.04%
INVESTING ACTIVITIES
Capital Expenditures	$52.13M	$10.34M
YoY Change	595.12%	27.65%
Acquisitions
YoY Change
Other Investing Activities	-$200.0K	$16.67M
YoY Change
Cash From Investing Activities	-$52.33M	$6.326M
YoY Change	597.79%	-178.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-38.65M	-$7.466M
YoY Change	352.5%	23.32%
NET CHANGE
Cash From Operating Activities	25.18M	$6.891M
Cash From Investing Activities	-52.33M	$6.326M
Cash From Financing Activities	-38.65M	-$7.466M
Net Change In Cash	-65.80M	$5.751M
YoY Change	-650.71%	-161.16%
FREE CASH FLOW
Cash From Operating Activities	$25.18M	$6.891M
Capital Expenditures	$52.13M	$10.34M
Free Cash Flow	-$26.96M	-$3.449M
YoY Change	-231.56%	2.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	20698000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	20808000	usd
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	4800000	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	4800000	shares
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	68443000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	67614000	usd
CY2024Q1	us-gaap	Cost Of Revenue CostOfRevenue	41844000	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	40478000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	15255000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	14258000	usd
CY2024Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	5293000	usd
CY2023Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	6105000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4594000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4341000	usd
CY2024Q1	cldt	Acquisition Related Costs And Other Charges AcquisitionRelatedCostsAndOtherCharges	50000	usd
CY2023Q1	cldt	Acquisition Related Costs And Other Charges AcquisitionRelatedCostsAndOtherCharges	0	usd
CY2024Q1	cldt	Reimbursable Costs From Related Parties ReimbursableCostsFromRelatedParties	278000	usd
CY2023Q1	cldt	Reimbursable Costs From Related Parties ReimbursableCostsFromRelatedParties	365000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	67314000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	65547000	usd
CY2024Q1	cldt	Income Loss Before Gain On Sale Of Hotel Property IncomeLossBeforeGainOnSaleOfHotelProperty	1129000	usd
CY2023Q1	cldt	Income Loss Before Gain On Sale Of Hotel Property IncomeLossBeforeGainOnSaleOfHotelProperty	2067000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-152000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	977000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2067000	usd
CY2024Q1	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	846000	usd
CY2023Q1	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	20000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	7307000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	6438000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-691000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5484000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5042000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-5484000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-5042000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-259000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-193000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-5225000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-4849000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1987000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1987000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7212000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6836000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.14
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.15
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.14
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48891994	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48838742	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48891994	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48838742	shares
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	817997000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	540000	usd
CY2024Q1	cldt	Payments Of Franchise Application Costs PaymentsOfFranchiseApplicationCosts	500000	usd
CY2023Q1	cldt	Payments Of Franchise Application Costs PaymentsOfFranchiseApplicationCosts	0	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1334000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	3420000	usd
CY2023Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	181000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1987000	usd
CY2023Q1	cldt	Noncontrolling Interest Increase Decrease From Reallocation NoncontrollingInterestIncreaseDecreaseFromReallocation	0	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-5042000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	809256000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	804376000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1463000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	3424000	usd
CY2024Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	215000	usd
CY2024Q1	cldt	Noncontrolling Interest Forfeited Distributions To Noncontrolling Interest Holders NoncontrollingInterestForfeitedDistributionsToNoncontrollingInterestHolders	9000	usd
CY2024Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1987000	usd
CY2024Q1	cldt	Noncontrolling Interest Increase Decrease From Reallocation NoncontrollingInterestIncreaseDecreaseFromReallocation	0	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-5484000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	794978000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-5484000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-5042000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	15196000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	14204000	usd
CY2024Q1	cldt	Amortization Of Deferred Franchise Fees AmortizationOfDeferredFranchiseFees	57000	usd
CY2023Q1	cldt	Amortization Of Deferred Franchise Fees AmortizationOfDeferredFranchiseFees	59000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	303000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	304000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-152000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2024Q1	cldt	Gain Loss On Extinguishment Of Debt Noncash GainLossOnExtinguishmentOfDebtNoncash	0	usd
CY2023Q1	cldt	Gain Loss On Extinguishment Of Debt Noncash GainLossOnExtinguishmentOfDebtNoncash	-667000	usd
CY2024Q1	cldt	Loss On Write Off Of Deferred Franchise Fee LossOnWriteOffOfDeferredFranchiseFee	50000	usd
CY2023Q1	cldt	Loss On Write Off Of Deferred Franchise Fee LossOnWriteOffOfDeferredFranchiseFee	0	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1604000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1452000	usd
CY2024Q1	cldt	Increase Decrease In Right Of Use Asset IncreaseDecreaseInRightOfUseAsset	145000	usd
CY2023Q1	cldt	Increase Decrease In Right Of Use Asset IncreaseDecreaseInRightOfUseAsset	177000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	-618000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	-631000	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	342000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	0	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	5917000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	6208000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	619000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1338000	usd
CY2024Q1	cldt	Increase Decrease In Lease Liability IncreaseDecreaseInLeaseLiability	110000	usd
CY2023Q1	cldt	Increase Decrease In Lease Liability IncreaseDecreaseInLeaseLiability	155000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6891000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4751000	usd
CY2024Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	10340000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	8100000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	17166000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	6326000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8100000	usd
CY2024Q1	us-gaap	Repayments Of Construction Loans Payable RepaymentsOfConstructionLoansPayable	0	usd
CY2023Q1	us-gaap	Repayments Of Construction Loans Payable RepaymentsOfConstructionLoansPayable	39331000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	75000000	usd
CY2024Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	1644000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	36213000	usd
CY2024Q1	cldt	Refunds For Payment Of Financing Costs RefundsForPaymentOfFinancingCosts	7000	usd
CY2023Q1	cldt	Refunds For Payment Of Financing Costs RefundsForPaymentOfFinancingCosts	0	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	13000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3612000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3538000	usd
CY2024Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	1987000	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	1987000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-7466000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-6054000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5751000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-9403000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	85749000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45153000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	91500000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	35750000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	6782000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	6030000	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	8000	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	7000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares Employee Benefit Plan StockIssuedDuringPeriodSharesEmployeeBenefitPlan	43670	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Employee Benefit Plan StockIssuedDuringPeriodSharesEmployeeBenefitPlan	43378	shares
CY2024Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5431000	usd
CY2023Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5284000	usd
CY2024Q1	cldt	Accrued Share Based Compensation AccruedShareBasedCompensation	141000	usd
CY2023Q1	cldt	Accrued Share Based Compensation AccruedShareBasedCompensation	118000	usd
CY2024Q1	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	1364000	usd
CY2023Q1	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	1332000	usd
CY2024Q1	cldt	Aggregate Number Of Rooms In Hotels AggregateNumberOfRoomsInHotels	5735	room
CY2024Q1	cldt	Number Of States In Which Hotels Are Owned NumberOfStatesInWhichHotelsAreOwned	16	state
CY2024Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1663608000	usd
CY2023Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1688001000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	458337000	usd
CY2024Q1	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>
CY2024Q1	us-gaap	Land Land	285577000	usd
CY2023Q4	us-gaap	Land Land	289671000	usd
CY2024Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1261375000	usd
CY2023Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1274970000	usd
CY2024Q1	cldt	Furniture Fixtures And Equipment FurnitureFixturesAndEquipment	108946000	usd
CY2023Q4	cldt	Furniture Fixtures And Equipment FurnitureFixturesAndEquipment	108222000	usd
CY2024Q1	us-gaap	Development In Process DevelopmentInProcess	7710000	usd
CY2023Q4	us-gaap	Development In Process DevelopmentInProcess	15138000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	460368000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1205271000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1227633000	usd
CY2024Q1	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	496308000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	484464000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	486109000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	1882000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	2032000	usd
CY2024Q1	us-gaap	Secured Debt SecuredDebt	482582000	usd
CY2023Q4	us-gaap	Secured Debt SecuredDebt	484077000	usd
CY2023Q4	cldt	Number Of Mortgage Loans NumberOfMortgageLoans	5	mortgage_loan
CY2024Q1	cldt	Number Of Mortgage Debt Lenders Enforcing Cash Trap Provisions NumberOfMortgageDebtLendersEnforcingCashTrapProvisions	4	mortgage_debt_lender
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	6700000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	295565000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	105974000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	24590000	usd
CY2024Q1	cldt	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	58335000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	484464000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	1882000	usd
CY2024Q1	us-gaap	Secured Debt SecuredDebt	482582000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q1	cldt	Common Stock Total Regular Dividends Per Share Declared CommonStockTotalRegularDividendsPerShareDeclared	0.07
CY2024Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2023Q1	cldt	Common Stock Total Regular Dividends Per Share Declared CommonStockTotalRegularDividendsPerShareDeclared	0.07
CY2023Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2024Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2024Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q1	cldt	Regular Distributions On Long Term Investment Plan RegularDistributionsOnLongTermInvestmentPlan	0.07
CY2024Q1	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.41406
CY2024Q1	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.41406
CY2023Q1	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.41406
CY2023Q1	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.41406
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	cldt	Common Stock Number Of Votes Per Common Share CommonStockNumberOfVotesPerCommonShare	1	vote
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	48907719	shares
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	4800000	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	4800000	shares
CY2024Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2000000	usd
CY2024Q1	cldt	Stockholders Equity Note Stock Redemption Exchange Ratio StockholdersEquityNoteStockRedemptionExchangeRatio	1
CY2024Q1	cldt	Vested Operating Partnership Units Held By Current And Former Employees VestedOperatingPartnershipUnitsHeldByCurrentAndFormerEmployees	1909342000	shares
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	335621	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	128812	shares
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7212000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6836000	usd
CY2024Q1	cldt	Dividends Paid On Unvested Restricted Shares DividendsPaidOnUnvestedRestrictedShares	32000	usd
CY2023Q1	cldt	Dividends Paid On Unvested Restricted Shares DividendsPaidOnUnvestedRestrictedShares	28000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-7244000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-6864000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48891994	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48838742	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48891994	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48838742	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.14
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.15
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.14
CY2023Q2	us-gaap	Net Rentable Area NetRentableArea	7374	sqft
CY2023Q2	cldt	Early Termination Payment EarlyTerminationPayment	100000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1408000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1940000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	1727000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	1272000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1272000	usd
CY2024Q1	cldt	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	62282000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	69901000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	49203000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	20698000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	18141000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	20808000	usd
CY2024Q1	cldt	Increase Decrease In Right Of Use Asset IncreaseDecreaseInRightOfUseAsset	145000	usd
CY2024Q1	cldt	Increase Decrease In Lease Liability IncreaseDecreaseInLeaseLiability	110000	usd
CY2024Q1	cldt	Partial Lease Termination Of Right Of Use Asset PartialLeaseTerminationOfRightOfUseAsset	0	usd
CY2024Q1	cldt	Partial Lease Termination Of Lease Liability PartialLeaseTerminationOfLeaseLiability	0	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	17996000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	20698000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P42Y25D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0688
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false

Files In Submission

Name	View Source	Status
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0001476045-24-000035-index.html	Edgar Link	pending
0001476045-24-000035.txt	Edgar Link	pending
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cldt-20240331.htm	Edgar Link	pending
cldt-20240331.xsd	Edgar Link	pending
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cldtex31220240331.htm	Edgar Link	pending
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cldt-20240331_cal.xml	Edgar Link	unprocessable
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R8.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$CLDT
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2024 Q2 Form 10-Q Financial Statement

#000147604524000035 Filed on May 06, 2024

Income Statement

Balance Sheet

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Facts In Submission

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$CLDT Chatham Lodging Trust Stock $cldt

2024 Q2 Form 10-Q Financial Statement

#000147604524000035 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CLDT
Chatham Lodging Trust Stock $cldt