2013 Q4 Form 10-K Financial Statement

#000147409814000010 Filed on February 20, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 2012 Q4
Revenue $126.8M $489.2M $104.7M
YoY Change 21.03% 28.51% 24.09%
Cost Of Revenue $85.00M $324.2M $73.30M
YoY Change 15.96% 23.93% 23.19%
Gross Profit $41.80M $165.0M $31.40M
YoY Change 33.12% 38.54% 26.1%
Gross Profit Margin 32.97% 33.73% 29.98%
Selling, General & Admin $12.50M $48.20M $10.50M
YoY Change 19.05% 30.27% 38.16%
% of Gross Profit 29.9% 29.21% 33.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.90M $55.60M $12.10M
YoY Change 23.14% 29.91% 27.37%
% of Gross Profit 35.65% 33.7% 38.54%
Operating Expenses $27.40M $103.8M $22.50M
YoY Change 21.78% 30.08% 30.81%
Operating Profit $14.40M $57.86M $8.900M
YoY Change 61.8% 55.89% 15.58%
Interest Expense -$400.0K $23.68M $200.0K
YoY Change -300.0% 58.59% -66.67%
% of Operating Profit -2.78% 40.93% 2.25%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change
Pretax Income $12.10M $44.42M $8.200M
YoY Change 47.56% 56.54% -1.2%
Income Tax $1.100M $1.226M $1.000M
% Of Pretax Income 9.09% 2.76% 12.2%
Net Earnings $10.92M $42.92M $7.088M
YoY Change 54.02% 64.57% -10.98%
Net Earnings / Revenue 8.61% 8.77% 6.77%
Basic Earnings Per Share $0.32
Diluted Earnings Per Share $173.8K $0.32 $117.2K
COMMON SHARES
Basic Shares Outstanding 61.55M shares 61.50M shares 60.77M shares
Diluted Shares Outstanding 61.84M shares

Balance Sheet

Concept 2013 Q4 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.10M $55.10M $85.90M
YoY Change -35.86% -35.86% 30.75%
Cash & Equivalents $55.14M $55.10M $85.90M
Short-Term Investments
Other Short-Term Assets $26.60M $26.60M $18.50M
YoY Change 43.78% 43.78% 9.47%
Inventory
Prepaid Expenses
Receivables $16.90M $16.90M $13.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $98.60M $98.60M $117.9M
YoY Change -16.37% -16.37% 25.56%
LONG-TERM ASSETS
Property, Plant & Equipment $1.737B $1.737B $1.428B
YoY Change 21.67% 21.67% 25.44%
Goodwill
YoY Change
Intangibles $19.22M $10.28M
YoY Change 86.88% -2.09%
Long-Term Investments $260.3M $260.3M $283.0M
YoY Change -8.02% -8.02% 64.77%
Other Assets $21.20M $21.20M $17.80M
YoY Change 19.1% 19.1% 36.92%
Total Long-Term Assets $2.018B $2.018B $1.728B
YoY Change 16.78% 16.78% 30.66%
TOTAL ASSETS
Total Short-Term Assets $98.60M $98.60M $117.9M
Total Long-Term Assets $2.018B $2.018B $1.728B
Total Assets $2.117B $2.117B $1.846B
YoY Change 14.67% 14.66% 30.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.40M $61.40M $47.40M
YoY Change 29.54% 29.54% 42.34%
Accrued Expenses $1.900M $1.900M $1.300M
YoY Change 46.15% 46.15% 30.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $87.50M $87.50M $64.60M
YoY Change 35.45% 35.45% 32.65%
LONG-TERM LIABILITIES
Long-Term Debt $554.2M $554.2M $468.5M
YoY Change 18.29% 18.29% 86.28%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $554.2M $554.2M $468.5M
YoY Change 18.29% 18.29% 86.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $87.50M $87.50M $64.60M
Total Long-Term Liabilities $554.2M $554.2M $468.5M
Total Liabilities $641.8M $643.6M $533.1M
YoY Change 20.41% 20.71% 77.52%
SHAREHOLDERS EQUITY
Retained Earnings -$69.65M -$49.80M
YoY Change 39.87% 64.61%
Common Stock $637.0K $610.0K
YoY Change 4.43% 20.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.473B $1.473B $1.313B
YoY Change
Total Liabilities & Shareholders Equity $2.117B $2.117B $1.846B
YoY Change 14.67% 14.66% 30.32%

Cashflow Statement

Concept 2013 Q4 2013 2012 Q4
OPERATING ACTIVITIES
Net Income $10.92M $42.92M $7.088M
YoY Change 54.02% 64.57% -10.98%
Depreciation, Depletion And Amortization $14.90M $55.60M $12.10M
YoY Change 23.14% 29.91% 27.37%
Cash From Operating Activities $32.40M $107.5M $20.10M
YoY Change 61.19% 39.24% 2.03%
INVESTING ACTIVITIES
Capital Expenditures -$142.6M -$269.6M -$43.30M
YoY Change 229.33% -10.49% 204.93%
Acquisitions
YoY Change
Other Investing Activities -$900.0K $23.60M -$106.5M
YoY Change -99.15% -122.12% 2030.0%
Cash From Investing Activities -$143.5M -$246.0M -$149.9M
YoY Change -4.27% -39.69% 680.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $74.50M -$78.84M
YoY Change -64.37%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 56.20M $107.8M 68.20M
YoY Change -17.6% -69.29% -768.63%
NET CHANGE
Cash From Operating Activities 32.40M $107.5M 20.10M
Cash From Investing Activities -143.5M -$246.0M -149.9M
Cash From Financing Activities 56.20M $107.8M 68.20M
Net Change In Cash -54.90M -$30.76M -61.60M
YoY Change -10.88% -252.18% 535.05%
FREE CASH FLOW
Cash From Operating Activities $32.40M $107.5M $20.10M
Capital Expenditures -$142.6M -$269.6M -$43.30M
Free Cash Flow $175.0M $377.1M $63.40M
YoY Change 176.03% -0.35% 87.02%

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CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
338352 shares
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
45107 shares
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19217000 USD
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10283000 USD
CY2012 us-gaap Interest Expense
InterestExpense
14932000 USD
CY2013 us-gaap Interest Expense
InterestExpense
23680000 USD
CY2011 us-gaap Interest Expense
InterestExpense
13653000 USD
CY2011 us-gaap Interest Paid
InterestPaid
11366000 USD
CY2012 us-gaap Interest Paid
InterestPaid
13440000 USD
CY2013 us-gaap Interest Paid
InterestPaid
23528000 USD
CY2013 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
206000 USD
CY2012 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
236000 USD
CY2011 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
CY2013Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1945000 USD
CY2012Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1328000 USD
CY2013Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1437593000 USD
CY2012Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1141347000 USD
CY2012 us-gaap Investment Income Interest
InvestmentIncomeInterest
224000 USD
CY2011 us-gaap Investment Income Interest
InvestmentIncomeInterest
868000 USD
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
2620000 USD
CY2012Q4 us-gaap Land
Land
236287000 USD
CY2013Q4 us-gaap Land
Land
272661000 USD
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2611000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
7554000 USD
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1814000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
533070000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
641847000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1846162000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2116931000 USD
CY2012Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2013Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2013Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0 USD
CY2012Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0 USD
CY2013 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
700000 USD
CY2012 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
900000 USD
CY2013Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
300000000 USD
CY2013 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2016-07-31
CY2013Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
600000000 USD
CY2012 us-gaap Loans Assumed1
LoansAssumed1
27175000 USD
CY2013 us-gaap Loans Assumed1
LoansAssumed1
90448000 USD
CY2011 us-gaap Loans Assumed1
LoansAssumed1
42000000 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
468508000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
554247000 USD
CY2013Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
460900000 USD
CY2012Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
372300000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
68208000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
9085000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2366000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
255908000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
203269000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
9523000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
141000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
1745000 USD
CY2012 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
2342000 USD
CY2013Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.009
CY2013Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.991
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
107771000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
350912000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-407869000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-681757000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-245988000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48076000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
107453000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
77173000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
42918000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
14856000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
26079000 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
7088000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
10917000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
-2791000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
11918000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
17415000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
14834000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
9864000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
-248000 USD
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
343000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
274000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
429000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19965000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8254000 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4443000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7462000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4916000 USD
CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4836000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8730000 USD
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2632000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5407000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7247000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11315000 USD
CY2013 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
2826000 USD
CY2012 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
-9170000 USD
CY2011 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
CY2013Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
29 properties
CY2011 us-gaap Occupancy Costs
OccupancyCosts
47570000 USD
CY2012 us-gaap Occupancy Costs
OccupancyCosts
63213000 USD
CY2013 us-gaap Occupancy Costs
OccupancyCosts
83390000 USD
CY2013 us-gaap Occupancy Revenue
OccupancyRevenue
321630000 USD
CY2011 us-gaap Occupancy Revenue
OccupancyRevenue
177479000 USD
CY2012 us-gaap Occupancy Revenue
OccupancyRevenue
239218000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
37112000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
26127000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
57855000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
412654000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3126000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3164000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3164000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3176000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3176000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
396848000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
500000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
200000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1386000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-300000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2013 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
126527000 USD
CY2012 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
99766000 USD
CY2011 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
79648000 USD
CY2011 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
8353000 USD
CY2012 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
12236000 USD
CY2013 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
14037000 USD
CY2013 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
31056000 USD
CY2011 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
17610000 USD
CY2012 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
23718000 USD
CY2012 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-240000 USD
CY2011 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-225000 USD
CY2013 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-892000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
85000 USD
CY2012 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
53156000 USD
CY2013 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
38753000 USD
CY2011 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
40468000 USD
CY2012 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
4000000 USD
CY2013 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
0 USD
CY2011 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
0 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
140000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
523000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
321000 USD
CY2011 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2013 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2012 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
2342000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
27002000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
36969000 USD
CY2013 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3787000 USD
CY2011 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
17243000 USD
CY2011 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
467135000 USD
CY2012 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
247971000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22244000 USD
CY2012 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
17825000 USD
CY2011 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
6600000 USD
CY2013 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
21563000 USD
CY2011 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2324000 USD
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3765000 USD
CY2013 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
650000 USD
CY2012 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
6708000 USD
CY2013 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
230769000 USD
CY2012 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
105277000 USD
CY2011 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
169430000 USD
CY2013 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
-26291000 USD
CY2013 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
33000 USD
CY2012 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
47000 USD
CY2011 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
148000 USD
CY2013 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
22953000 USD
CY2011 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
10413000 USD
CY2012 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
17825000 USD
CY2013Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
325000000 USD
CY2012Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
225000000 USD
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
13000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
9000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
9000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
13000000 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
130000 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
90000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
18489000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
26595000 USD
CY2011 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2013 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
458000 USD
CY2012 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
221579000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
235980000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
79362000 USD
CY2013Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
74500000 USD
CY2013 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
100000000 USD
CY2011 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
225150000 USD
CY2012 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2012 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
224000000 USD
CY2011 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
67000000 USD
CY2013 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2011 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2013 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2012 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
100000000 USD
CY2011 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
42000000 USD
CY2012 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
120000000 USD
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2012 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2013 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2011 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
95000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
26508000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
15199000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
43192000 USD
CY2012Q1 us-gaap Profit Loss
ProfitLoss
-2837000 USD
CY2013Q4 us-gaap Profit Loss
ProfitLoss
10980000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
14931000 USD
CY2012Q4 us-gaap Profit Loss
ProfitLoss
7213000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
10027000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
12105000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
17527000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
-246000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
132328000 USD
CY2012Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
77938000 USD
CY2010Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
5668000 USD
CY2011Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
36068000 USD
CY2013 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
-121000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
448359000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1437593000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
272661000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
132789000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
1358033000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
272661000 USD
CY2011Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1163552000 USD
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1495167000 USD
CY2010Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
605382000 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1849939000 USD
CY2012 us-gaap Real Estate Improvements
RealEstateImprovements
50688000 USD
CY2011 us-gaap Real Estate Improvements
RealEstateImprovements
42639000 USD
CY2013 us-gaap Real Estate Improvements
RealEstateImprovements
38153000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
132328000 USD
CY2012Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
77938000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1849939000 USD
CY2012Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1495167000 USD
CY2012Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1417229000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1717611000 USD
CY2011 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
515531000 USD
CY2012 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
280927000 USD
CY2013 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
318619000 USD
CY2013 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
23498000 USD
CY2011 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
12895000 USD
CY2012 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
17576000 USD
CY2012 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
120000000 USD
CY2011 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
42000000 USD
CY2013 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2012 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
136704000 USD
CY2013 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
8099000 USD
CY2011 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1031000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12034000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16482000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-69652000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-49798000 USD
CY2011 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
287987000 USD
CY2013 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
489217000 USD
CY2012 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
380688000 USD
CY2012Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
94167000 USD
CY2013Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
131234000 USD
CY2012Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
77474000 USD
CY2012Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
104305000 USD
CY2013Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
104914000 USD
CY2013Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
126768000 USD
CY2012Q4 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
104742000 USD
CY2013Q2 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
126301000 USD
CY2012 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
41870000 USD
CY2013 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
54511000 USD
CY2011 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
30400000 USD
CY2013 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
-2000000 USD
CY2012Q4 us-gaap Secured Debt
SecuredDebt
368508000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
454247000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
4215000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
2654000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
5222000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P6Y
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
978129 shares
CY2011 us-gaap Stock Issued1
StockIssued1
182000 USD
CY2012 us-gaap Stock Issued1
StockIssued1
199000 USD
CY2013 us-gaap Stock Issued1
StockIssued1
207000 USD
CY2013Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2530000 shares
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
443888000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
214871000 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
175575000 USD
CY2011 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
140000 USD
CY2012 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
321000 USD
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
523000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1312951000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1473339000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1475084000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1313092000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
688452000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1116348000 USD
CY2011 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
CY2013 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
CY2012 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
CY2013Q4 us-gaap Unsecured Debt
UnsecuredDebt
100000000 USD
CY2012Q4 us-gaap Unsecured Debt
UnsecuredDebt
100000000 USD
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and revenues and expenses. These estimates are prepared using management&#8217;s best judgment, after considering past, current and expected events and economic conditions. Actual results could differ from these estimates.</font></div></div>
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61836741 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55955497 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47966307 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55806543 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61498389 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47921200 shares
CY2012 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
1203000 USD
CY2011 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
2171000 USD
CY2013 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
603000 USD
CY2013Q4 peb Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net Working Capital
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetWorkingCapital
-266000 USD
CY2012Q4 peb Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net Working Capital
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetWorkingCapital
-210000 USD
CY2013Q4 peb Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Lease Assetsand Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeaseAssetsandIntangibles
4039000 USD
CY2012Q4 peb Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Lease Assetsand Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeaseAssetsandIntangibles
0 USD
CY2012Q4 peb Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Unfavorable Contract Accrual
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedUnfavorableContractAccrual
9170000 USD
CY2013Q4 peb Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Unfavorable Contract Accrual
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedUnfavorableContractAccrual
-2826000 USD
CY2013 peb Combined Base And Incentive Management Fees
CombinedBaseAndIncentiveManagementFees
15800000 USD
CY2011 peb Combined Base And Incentive Management Fees
CombinedBaseAndIncentiveManagementFees
8100000 USD
CY2012 peb Combined Base And Incentive Management Fees
CombinedBaseAndIncentiveManagementFees
11500000 USD
CY2013Q4 peb Real Estate And Accumulated Depreciation Carrying Amount Of Land Buildings And Improvements And Furniture Fixtures And Equipment
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandBuildingsAndImprovementsAndFurnitureFixturesAndEquipment
1849939000 USD
CY2013Q4 peb Real Estate And Accumulated Depreciation Initial Cost Of Furniture Fixtures And Equipment
RealEstateAndAccumulatedDepreciationInitialCostOfFurnitureFixturesAndEquipment
86457000 USD
CY2013 peb Noncash Income Loss From Equity Method Investments
NoncashIncomeLossFromEquityMethodInvestments
5234000 USD
CY2012 peb Noncash Income Loss From Equity Method Investments
NoncashIncomeLossFromEquityMethodInvestments
5970000 USD
CY2013Q4 peb Number Of Guest Rooms
NumberOfGuestRooms
5546
CY2013Q4 peb Number Of Wholly Owned Real Estate Properties
NumberOfWhollyOwnedRealEstateProperties
23 properties
CY2013 peb Deposit Applied To Purchase Price Of Acquisition
DepositAppliedToPurchasePriceOfAcquisition
4000000 USD
CY2012 peb Deposit Applied To Purchase Price Of Acquisition
DepositAppliedToPurchasePriceOfAcquisition
0 USD
CY2011 peb Deposit Applied To Purchase Price Of Acquisition
DepositAppliedToPurchasePriceOfAcquisition
5000000 USD
CY2013 peb Estimated Effective Tax Rate Combined Federal And State
EstimatedEffectiveTaxRateCombinedFederalAndState
0.410
CY2013Q4 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
135547000 USD
CY2012Q4 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
107938000 USD
CY2013 peb Line Of Credit Facility Maturity Extension Option
LineOfCreditFacilityMaturityExtensionOption
P1Y
CY2013Q4 peb Long Term Debt Securedand Unsecured Maturities
LongTermDebtSecuredandUnsecuredMaturities
548359000 USD
CY2012Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
381109 shares
CY2013Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
607991 shares
CY2013Q4 peb Long Term Incentive Partnership Units Vested
LongTermIncentivePartnershipUnitsVested
185820 shares
CY2013Q4 peb Longtermdebtmaturingtotalprincipalpayments
Longtermdebtmaturingtotalprincipalpayments
554247000 USD
CY2013 peb Minimum Percentage Of Adjusted Taxable Income To Be Distributed To Shareholders As Real Estate Investment Trust
MinimumPercentageOfAdjustedTaxableIncomeToBeDistributedToShareholdersAsRealEstateInvestmentTrust
0.9
CY2012 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
7944000 USD
CY2013 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
19637000 USD
CY2011 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
4045000 USD
CY2011 peb Non Controlling Interest Net Contribution
NonControllingInterestNetContribution
95000 USD
CY2011 peb Noncash Income Loss From Equity Method Investments
NoncashIncomeLossFromEquityMethodInvestments
2336000 USD
CY2012 peb Proforma Adjustment Acquisition Costs
ProformaAdjustmentAcquisitionCosts
2200000 USD
CY2013Q4 peb Real Estate And Accumulated Depreciation Carrying Amount Of Furniture Fixtures And Equipment
RealEstateAndAccumulatedDepreciationCarryingAmountOfFurnitureFixturesAndEquipment
139685000 USD
CY2013 peb Proforma Adjustment Acquisition Costs
ProformaAdjustmentAcquisitionCosts
3400000 USD
CY2013Q4 peb Real Estate And Accumulated Depreciation Net Value Of Land Buildings And Improvements And Furniture Fixtures And Equipment
RealEstateAndAccumulatedDepreciationNetValueOfLandBuildingsAndImprovementsAndFurnitureFixturesAndEquipment
1717611000 USD
CY2013 peb Reserve Funds As Percentage Of Hotel Revenues
ReserveFundsAsPercentageOfHotelRevenues
0.040
CY2012 peb Share Value Issued For Board Of Trustees Compensation
ShareValueIssuedForBoardOfTrusteesCompensation
199000 USD
CY2013 peb Share Value Issued For Board Of Trustees Compensation
ShareValueIssuedForBoardOfTrusteesCompensation
207000 USD
CY2011 peb Share Value Issued For Board Of Trustees Compensation
ShareValueIssuedForBoardOfTrusteesCompensation
182000 USD
CY2013Q4 peb Stock Issued During Period Value Per Share New Issues
StockIssuedDuringPeriodValuePerShareNewIssues
29.46
CY2011Q3 peb Transaction Values Of Investment In Joint Venture
TransactionValuesOfInvestmentInJointVenture
908000000 USD
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q4
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001474098
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
63901831 shares
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
1563374059 USD
CY2013 dei Entity Registrant Name
EntityRegistrantName
Pebblebrook Hotel Trust
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2013Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
100000000 USD

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