2015 Q4 Form 10-Q Financial Statement

#000147409815000061 Filed on October 22, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $193.4M $216.3M $169.7M
YoY Change 24.04% 27.49% 29.29%
Cost Of Revenue $121.6M $123.3M $99.30M
YoY Change 21.48% 24.17% 19.64%
Gross Profit $71.80M $93.00M $70.40M
YoY Change 28.67% 32.1% 46.06%
Gross Profit Margin 37.12% 42.99% 41.49%
Selling, General & Admin $18.10M $20.60M $16.70M
YoY Change 4.02% 23.35% 36.89%
% of Gross Profit 25.21% 22.15% 23.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.00M $24.70M $17.40M
YoY Change 32.98% 41.95% 25.18%
% of Gross Profit 34.82% 26.56% 24.72%
Operating Expenses $43.10M $45.30M $34.10M
YoY Change 19.06% 32.84% 30.15%
Operating Profit $28.70M $47.76M $35.78M
YoY Change 46.43% 33.51% 64.6%
Interest Expense -$5.000M $11.11M $7.278M
YoY Change 316.67% 52.61% 19.82%
% of Operating Profit -17.42% 23.25% 20.34%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $23.50M $40.19M $32.59M
YoY Change 35.06% 23.29% 75.09%
Income Tax $500.0K $1.937M $2.154M
% Of Pretax Income 2.13% 4.82% 6.61%
Net Earnings $22.92M $38.12M $30.17M
YoY Change 43.67% 26.37% 73.21%
Net Earnings / Revenue 11.85% 17.62% 17.78%
Basic Earnings Per Share $0.23 $0.44 $0.36
Diluted Earnings Per Share $0.23 $0.43 $0.36
COMMON SHARES
Basic Shares Outstanding 71.86M shares 71.74M shares 64.86M shares
Diluted Shares Outstanding 72.45M shares 65.35M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.30M $38.60M $119.3M
YoY Change -50.28% -67.64% 8.45%
Cash & Equivalents $26.35M $38.56M $119.3M
Short-Term Investments
Other Short-Term Assets $45.00M $45.00M $38.00M
YoY Change 11.94% 18.42% 88.12%
Inventory
Prepaid Expenses
Receivables $25.10M $37.70M $30.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $96.40M $121.3M $187.4M
YoY Change -15.73% -35.27% 21.93%
LONG-TERM ASSETS
Property, Plant & Equipment $2.704B $2.699B $1.903B
YoY Change 13.86% 41.82% 17.93%
Goodwill
YoY Change
Intangibles $30.22M $30.37M $23.48M
YoY Change -2.18% 29.33% 132.04%
Long-Term Investments $248.8M $249.6M $256.3M
YoY Change -3.88% -2.6% -0.15%
Other Assets $9.500M $21.50M $21.60M
YoY Change -57.96% -0.46% 2.37%
Total Long-Term Assets $2.962B $2.970B $2.181B
YoY Change 11.52% 36.18% 15.31%
TOTAL ASSETS
Total Short-Term Assets $96.40M $121.3M $187.4M
Total Long-Term Assets $2.962B $2.970B $2.181B
Total Assets $3.058B $3.091B $2.368B
YoY Change 10.39% 30.52% 15.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $141.9M $148.8M $88.80M
YoY Change 32.87% 67.57% 53.37%
Accrued Expenses $2.600M $2.600M $2.100M
YoY Change 8.33% 23.81% 10.53%
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 $192.1M $197.9M $124.3M
YoY Change 33.31% 59.21% 49.22%
LONG-TERM LIABILITIES
Long-Term Debt $1.106B $1.134B $597.2M
YoY Change 31.0% 89.94% 7.26%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.106B $1.134B $597.2M
YoY Change 31.0% 89.94% 7.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $192.1M $197.9M $124.3M
Total Long-Term Liabilities $1.106B $1.134B $597.2M
Total Liabilities $1.298B $1.332B $721.5M
YoY Change 31.33% 84.65% 12.72%
SHAREHOLDERS EQUITY
Retained Earnings -$105.8M -$99.88M -$76.91M
YoY Change 25.67% 29.87% 19.81%
Common Stock $717.0K $717.0K $676.0K
YoY Change 0.14% 6.07% 10.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.758B $1.757B $1.643B
YoY Change
Total Liabilities & Shareholders Equity $3.058B $3.091B $2.368B
YoY Change 10.39% 30.52% 15.81%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $22.92M $38.12M $30.17M
YoY Change 43.67% 26.37% 73.21%
Depreciation, Depletion And Amortization $25.00M $24.70M $17.40M
YoY Change 32.98% 41.95% 25.18%
Cash From Operating Activities $62.40M $67.90M $59.80M
YoY Change 47.17% 13.55% 59.47%
INVESTING ACTIVITIES
Capital Expenditures -$25.50M -$21.00M -$90.40M
YoY Change -94.6% -76.77% 44.41%
Acquisitions
YoY Change
Other Investing Activities $2.400M -$200.0K $0.00
YoY Change 242.86% -100.0%
Cash From Investing Activities -$23.00M -$21.30M -$90.40M
YoY Change -95.13% -76.44% 49.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -51.60M -41.40M 111.4M
YoY Change -114.21% -137.16% -705.43%
NET CHANGE
Cash From Operating Activities 62.40M 67.90M 59.80M
Cash From Investing Activities -23.00M -21.30M -90.40M
Cash From Financing Activities -51.60M -41.40M 111.4M
Net Change In Cash -12.20M 5.200M 80.80M
YoY Change -81.6% -93.56% -294.7%
FREE CASH FLOW
Cash From Operating Activities $62.40M $67.90M $59.80M
Capital Expenditures -$25.50M -$21.00M -$90.40M
Free Cash Flow $87.90M $88.90M $150.2M
YoY Change -82.93% -40.81% 50.05%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Share Based Compensation
ShareBasedCompensation
6614000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P6Y
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001474098
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
71859746 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Pebblebrook Hotel Trust
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
2086000 USD
peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
3370000 USD
CY2014Q3 peb Combined Base And Incentive Management Fees
CombinedBaseAndIncentiveManagementFees
5300000 USD
peb Combined Base And Incentive Management Fees
CombinedBaseAndIncentiveManagementFees
13700000 USD
CY2015Q3 peb Combined Base And Incentive Management Fees
CombinedBaseAndIncentiveManagementFees
6500000 USD
peb Combined Base And Incentive Management Fees
CombinedBaseAndIncentiveManagementFees
17400000 USD
peb Estimated Effective Tax Rate Combined Federal And State
EstimatedEffectiveTaxRateCombinedFederalAndState
0.380
CY2014Q4 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
183016000 USD
CY2015Q3 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
201299000 USD
CY2014Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
236351 shares
CY2015Q3 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
236351 shares
CY2015Q3 peb Long Term Incentive Partnership Units Vested
LongTermIncentivePartnershipUnitsVested
9469 shares
peb Minimum Percentage Of Adjusted Taxable Income To Be Distributed To Shareholders As Real Estate Investment Trust
MinimumPercentageOfAdjustedTaxableIncomeToBeDistributedToShareholdersAsRealEstateInvestmentTrust
0.9
CY2014Q3 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
23549000 USD
peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
37950000 USD
CY2015Q3 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
31477000 USD
peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
51967000 USD
peb Non Cash Acquisition Capital Lease Obligation
NonCashAcquisitionCapitalLeaseObligation
10758000 USD
peb Non Cash Acquisition Capital Lease Obligation
NonCashAcquisitionCapitalLeaseObligation
0 USD
peb Noncash Income Loss From Equity Method Investments
NoncashIncomeLossFromEquityMethodInvestments
2683000 USD
peb Noncash Income Loss From Equity Method Investments
NoncashIncomeLossFromEquityMethodInvestments
-16000 USD
CY2015Q3 peb Number Of Guest Rooms
NumberOfGuestRooms
7408
CY2015Q3 peb Number Of Wholly Owned Real Estate Properties
NumberOfWhollyOwnedRealEstateProperties
31 properties
CY2014Q3 peb Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
9539000 USD
peb Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
26847000 USD
CY2015Q3 peb Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
12700000 USD
peb Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
Realestatetaxespersonalpropertytaxespropertyinsuranceandgroundrent
34865000 USD
peb Reserve Funds As Percentage Of Hotel Revenues
ReserveFundsAsPercentageOfHotelRevenues
0.040
peb Share Value Issued For Board Of Trustees Compensation
ShareValueIssuedForBoardOfTrusteesCompensation
421000 USD
peb Share Value Issued For Board Of Trustees Compensation
ShareValueIssuedForBoardOfTrusteesCompensation
372000 USD
CY2011Q3 peb Transaction Values Of Investment In Joint Venture
TransactionValuesOfInvestmentInJointVenture
908000000 USD
peb Writeoff Of Fully Depreciated Furniture Fixturesand Equipment
WriteoffOfFullyDepreciatedFurnitureFixturesandEquipment
0 USD
peb Writeoff Of Fully Depreciated Furniture Fixturesand Equipment
WriteoffOfFullyDepreciatedFurnitureFixturesandEquipment
3550000 USD
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
106828000 USD
CY2015Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
148841000 USD
CY2014Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
21320000 USD
CY2015Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
37739000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-341000 USD
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-11064000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1864739000 USD
CY2015Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1866605000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8237000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6614000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
139000 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
208000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-455000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-118000 USD
us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
1645000 USD
us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
1785000 USD
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10533 shares
CY2014Q4 us-gaap Assets
Assets
2770484000 USD
CY2015Q3 us-gaap Assets
Assets
3090964000 USD
CY2014Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.41
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.83
CY2015Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.44
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.88
CY2014Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.40
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.83
CY2015Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.43
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.87
CY2014Q3 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
42488000 USD
us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
98162000 USD
CY2015Q3 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
47763000 USD
us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
112763000 USD
CY2014Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
29359000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
60213000 USD
CY2015Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
31631000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
63584000 USD
CY2014Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
207495000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
582497000 USD
CY2015Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
216321000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
608741000 USD
CY2014Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
475000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
996000 USD
CY2015Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
16000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4481000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55136000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
119307000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52883000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38561000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
64171000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-14322000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
71553481 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
71735129 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
71553481 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
71735129 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
716000 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
717000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
30607000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
56785000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27523000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
61065000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
278000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
536000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
94000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
213000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
30885000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
57321000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
27617000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
61278000 USD
CY2014Q3 us-gaap Costs And Expenses
CostsAndExpenses
133900000 USD
us-gaap Costs And Expenses
CostsAndExpenses
370189000 USD
CY2015Q3 us-gaap Costs And Expenses
CostsAndExpenses
168558000 USD
us-gaap Costs And Expenses
CostsAndExpenses
478344000 USD
CY2014Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
11583000 USD
CY2015Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
16676000 USD
CY2014Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
489961000 USD
CY2015Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
432186000 USD
CY2014Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
4026000 USD
CY2015Q3 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
2119000 USD
CY2014Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6246000 USD
CY2015Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7043000 USD
CY2014Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
17396000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
49514000 USD
CY2015Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
24645000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
70855000 USD
CY2014Q4 us-gaap Development In Process
DevelopmentInProcess
10524000 USD
CY2015Q3 us-gaap Development In Process
DevelopmentInProcess
14202000 USD
CY2014Q3 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
99282000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
273886000 USD
CY2015Q3 us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
123290000 USD
us-gaap Direct Costs Of Hotels
DirectCostsOfHotels
346495000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
46003000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
68230000 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
23293000 USD
CY2015Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
29836000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
18598000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
19470000 USD
CY2014Q3 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
125000 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
375000 USD
CY2015Q3 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
109000 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
323000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.72
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
6713000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
9203000 USD
CY2014Q4 us-gaap Equity Method Investments
EquityMethodInvestments
258828000 USD
CY2015Q3 us-gaap Equity Method Investments
EquityMethodInvestments
249609000 USD
CY2014Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
27596000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
76562000 USD
CY2015Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
32834000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
93611000 USD
CY2014Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
38577000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
106442000 USD
CY2015Q3 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
47421000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
137482000 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7208000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18946000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7907000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
21648000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
32593000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
59394000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
40185000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
74068000 USD
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3450000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4470000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2899000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1771000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2154000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1941000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1937000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2067000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
2008000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
2444000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12359000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12182000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12769000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15749000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
1945000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
3572000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2590000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2572000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
690000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-2837000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
743000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
909000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
486694 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
480315 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
716181 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
783533 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
30891000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
30365000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
7278000 USD
us-gaap Interest Expense
InterestExpense
19609000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
11107000 USD
us-gaap Interest Expense
InterestExpense
28684000 USD
us-gaap Interest Paid
InterestPaid
19792000 USD
us-gaap Interest Paid
InterestPaid
28011000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
193000 USD
CY2014Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2382000 USD
CY2015Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2620000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1987050000 USD
CY2015Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2214220000 USD
CY2014Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
645000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1880000 USD
CY2015Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
630000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1886000 USD
CY2014Q4 us-gaap Land
Land
357680000 USD
CY2015Q3 us-gaap Land
Land
499381000 USD
CY2014Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2500000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
6200000 USD
CY2015Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3500000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
9000000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
988073000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
1332278000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2770484000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3090964000 USD
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
50000000 USD
CY2015Q3 us-gaap Line Of Credit
LineOfCredit
175000000 USD
us-gaap Loans Assumed1
LoansAssumed1
50725000 USD
us-gaap Loans Assumed1
LoansAssumed1
0 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
843987000 USD
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
1134305000 USD
CY2014Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
503900000 USD
CY2015Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
441200000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
1320000 USD
CY2015Q3 us-gaap Minority Interest
MinorityInterest
2171000 USD
CY2015Q3 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.003
CY2015Q3 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.997
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
104687000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
204198000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-159453000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-376851000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
118937000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
158331000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
30165000 USD
us-gaap Net Income Loss
NetIncomeLoss
56916000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
38119000 USD
us-gaap Net Income Loss
NetIncomeLoss
71753000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
274000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
537000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
129000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
248000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23737000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
38325000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31631000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
52290000 USD
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
1826000 USD
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
20110000 USD
CY2015Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
37 properties
CY2014Q3 us-gaap Occupancy Costs
OccupancyCosts
27807000 USD
us-gaap Occupancy Costs
OccupancyCosts
75561000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-132000 USD
CY2015Q3 us-gaap Occupancy Costs
OccupancyCosts
33706000 USD
us-gaap Occupancy Costs
OccupancyCosts
92671000 USD
CY2014Q3 us-gaap Occupancy Revenue
OccupancyRevenue
120934000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
306887000 USD
CY2015Q3 us-gaap Occupancy Revenue
OccupancyRevenue
154120000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
400397000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
35776000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
72653000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
47763000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
99095000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
446000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-10631000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-10723000 USD
CY2014Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
43879000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
121763000 USD
CY2015Q3 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
56750000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
160213000 USD
CY2014Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
10165000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
29513000 USD
CY2015Q3 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
14780000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
39560000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-311000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1451000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
30989000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
74296000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
0 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
3000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
632000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4094000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
39986000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61687000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
18244000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
19463000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
440000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2587000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1104000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
195000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
125531000 USD
CY2015Q3 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
350000000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
305146000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
336000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
266000 USD
CY2014Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6428000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
18591000 USD
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6488000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
19463000 USD
CY2014Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
350000000 USD
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
14000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
14000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
14000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
14000000 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
140000 USD
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
140000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
40243000 USD
CY2015Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
45044000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1113000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
146854000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
25000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
225000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
130000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
380000000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
-3020000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
3020000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
30439000 USD
us-gaap Profit Loss
ProfitLoss
57453000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
38248000 USD
us-gaap Profit Loss
ProfitLoss
72001000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
194580000 USD
CY2015Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
260953000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2538270000 USD
CY2015Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2929102000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2343690000 USD
CY2015Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2668149000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
130000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
255000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
6761000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
57776000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16383000 USD
CY2015Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14454000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-84163000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-99883000 USD
CY2014Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
169676000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
442842000 USD
CY2015Q3 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
216321000 USD
us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
577439000 USD
CY2014Q4 us-gaap Secured Debt
SecuredDebt
493987000 USD
CY2015Q3 us-gaap Secured Debt
SecuredDebt
434305000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8237000 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
762013 shares
us-gaap Stock Issued1
StockIssued1
421000 USD
us-gaap Stock Issued1
StockIssued1
372000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
170750000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-195000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
632000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4094000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1781091000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
1756515000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1475084000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1646580000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1782411000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1758686000 USD
CY2014Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
63000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
45000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2014Q4 us-gaap Unsecured Debt
UnsecuredDebt
300000000 USD
CY2015Q3 us-gaap Unsecured Debt
UnsecuredDebt
525000000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65346188 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64613449 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72451310 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72492913 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64859494 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64133134 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71735129 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71709380 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
321000 USD
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-align:left;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>

Files In Submission

Name View Source Status
0001474098-15-000061-index-headers.html Edgar Link pending
0001474098-15-000061-index.html Edgar Link pending
0001474098-15-000061.txt Edgar Link pending
0001474098-15-000061-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
peb-20150930.xml Edgar Link completed
peb-20150930.xsd Edgar Link pending
peb-20150930x10q.htm Edgar Link pending
peb-20150930xex311.htm Edgar Link pending
peb-20150930xex312.htm Edgar Link pending
peb-20150930xex321.htm Edgar Link pending
peb-20150930xex322.htm Edgar Link pending
peb-20150930_cal.xml Edgar Link unprocessable
peb-20150930_def.xml Edgar Link unprocessable
peb-20150930_lab.xml Edgar Link unprocessable
peb-20150930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.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