2022 Q1 Form 10-Q Financial Statement

#000147409822000066 Filed on April 26, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $258.1M $83.64M
YoY Change 208.54% -68.92%
Cost Of Revenue $174.4M $72.70M
YoY Change 139.83% -63.92%
Gross Profit $83.71M $11.00M
YoY Change 660.98% -83.75%
Gross Profit Margin 32.44% 13.15%
Selling, General & Admin $40.17M $36.20M
YoY Change 10.95% -30.92%
% of Gross Profit 47.98% 329.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $59.10M $55.40M
YoY Change 6.68% -0.72%
% of Gross Profit 70.6% 503.64%
Operating Expenses $99.26M $91.70M
YoY Change 8.25% -15.17%
Operating Profit -$77.66M -$96.14M
YoY Change -19.21% -275.14%
Interest Expense $22.57M $25.33M
YoY Change -10.89% 7.38%
% of Operating Profit
Other Income/Expense, Net $19.00K $29.00K
YoY Change -34.48% 20.83%
Pretax Income -$100.2M -$121.4M
YoY Change -17.47% -487.68%
Income Tax $0.00 $3.000K
% Of Pretax Income
Net Earnings -$99.53M -$120.6M
YoY Change -17.46% -387.45%
Net Earnings / Revenue -38.57% -144.16%
Basic Earnings Per Share -$0.85 -$0.98
Diluted Earnings Per Share -$0.85 -$0.98
COMMON SHARES
Basic Shares Outstanding 130.9M shares 130.8M shares
Diluted Shares Outstanding 130.9M shares 130.8M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $69.45M $113.3M
YoY Change -38.71% -84.42%
Cash & Equivalents $69.45M $113.3M
Short-Term Investments
Other Short-Term Assets $66.92M $45.50M
YoY Change 47.07% -23.53%
Inventory
Prepaid Expenses
Receivables $40.65M $16.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $177.0M $175.4M
YoY Change 0.92% -78.39%
LONG-TERM ASSETS
Property, Plant & Equipment $5.976B $5.732B
YoY Change 4.26% -6.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.51M $101.7M
YoY Change -73.94% 424.23%
Total Long-Term Assets $6.002B $5.834B
YoY Change 2.89% -4.78%
TOTAL ASSETS
Total Short-Term Assets $177.0M $175.4M
Total Long-Term Assets $6.002B $5.834B
Total Assets $6.179B $6.009B
YoY Change 2.84% -13.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $191.1M $192.8M
YoY Change -0.88% -33.49%
Accrued Expenses $327.7M $263.9M
YoY Change 24.19% 0.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $86.20M
YoY Change -0.12%
Total Short-Term Liabilities $609.1M $593.2M
YoY Change 2.69% -13.8%
LONG-TERM LIABILITIES
Long-Term Debt $2.485B $2.394B
YoY Change 3.8% -8.68%
Other Long-Term Liabilities $2.300M
YoY Change
Total Long-Term Liabilities $2.485B $2.397B
YoY Change 3.7% -8.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $609.1M $593.2M
Total Long-Term Liabilities $2.485B $2.397B
Total Liabilities $3.094B $2.990B
YoY Change 3.5% -9.68%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.309M $1.308M
YoY Change 0.08% 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.077B $3.013B
YoY Change
Total Liabilities & Shareholders Equity $6.179B $6.009B
YoY Change 2.84% -13.39%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$99.53M -$120.6M
YoY Change -17.46% -387.45%
Depreciation, Depletion And Amortization $59.10M $55.40M
YoY Change 6.68% -0.72%
Cash From Operating Activities $38.83M -$7.136M
YoY Change -644.17% -578.28%
INVESTING ACTIVITIES
Capital Expenditures -$19.95M -$9.700M
YoY Change 105.7% -80.64%
Acquisitions
YoY Change
Other Investing Activities $47.00K $47.00K
YoY Change 0.0% -99.99%
Cash From Investing Activities -$19.95M -$9.670M
YoY Change 106.34% -103.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.113M $720.0K
YoY Change 54.58% -42.63%
Debt Paid & Issued, Net $324.0K $177.0M
YoY Change -99.82%
Cash From Financing Activities -$15.17M $5.138M
YoY Change -395.31% -98.77%
NET CHANGE
Cash From Operating Activities $38.83M -$7.136M
Cash From Investing Activities -$19.95M -$9.670M
Cash From Financing Activities -$15.17M $5.138M
Net Change In Cash $3.706M -$11.67M
YoY Change -131.76% -101.69%
FREE CASH FLOW
Cash From Operating Activities $38.83M -$7.136M
Capital Expenditures -$19.95M -$9.700M
Free Cash Flow $58.79M $2.564M
YoY Change 2192.71% -95.03%

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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3084934000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-100216000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-121440000 USD
CY2022Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
59100000 USD
CY2021Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
55443000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2354000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2182000 USD
CY2022Q1 peb Amortization Of Debt Issuance Costs Non Cash Interest And Other Amortization
AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization
3489000 USD
CY2021Q1 peb Amortization Of Debt Issuance Costs Non Cash Interest And Other Amortization
AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization
4744000 USD
CY2022Q1 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
60983000 USD
CY2021Q1 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
14856000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2489000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1521000 USD
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1906000 USD
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-69000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2694000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6800000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2127000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1686000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7147000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
35110000 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
10213000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5493000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
38832000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7136000 USD
CY2022Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
19906000 USD
CY2021Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
9623000 USD
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
47000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
47000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19953000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9670000 USD
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
10000 USD
CY2022Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
32000 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9576000 USD
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2021Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
40000000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
263750000 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
324000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
177000000 USD
CY2022Q1 peb Payments For Purchase Of Capped Calls Convertible Senior Notes
PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes
0 USD
CY2021Q1 peb Payments For Purchase Of Capped Calls Convertible Senior Notes
PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes
20975000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1113000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
720000 USD
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1322000 USD
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1312000 USD
CY2022Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
11344000 USD
CY2021Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8139000 USD
CY2022Q1 peb Repayments Of Membership Deposits
RepaymentsOfMembershipDeposits
1038000 USD
CY2021Q1 peb Repayments Of Membership Deposits
RepaymentsOfMembershipDeposits
880000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15173000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5138000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3706000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11668000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92247000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
136300000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95953000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124632000 USD
CY2022Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
53 property
CY2022Q1 peb Number Of Guest Rooms
NumberOfGuestRooms
13247 hotelRoom
CY2020Q1 peb Number Of Real Estate Properties Suspended
NumberOfRealEstatePropertiesSuspended
47 property
CY2022Q1 peb Liquidity Amount
LiquidityAmount
694400000 USD
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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’s best judgment, after considering past, current and expected events and economic conditions. Actual results could differ from these estimates.</span></div>
CY2022Q1 us-gaap Land
Land
902262000 USD
CY2021Q4 us-gaap Land
Land
926330000 USD
CY2022Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5176540000 USD
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5197816000 USD
CY2022Q1 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
540944000 USD
CY2021Q4 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
535607000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
91181000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
91181000 USD
CY2022Q1 us-gaap Development In Process
DevelopmentInProcess
13624000 USD
CY2021Q4 us-gaap Development In Process
DevelopmentInProcess
15869000 USD
CY2022Q1 peb Real Estate Investment Property Excluding Operating Lease Right Of Use Asset At Cost
RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost
6724551000 USD
CY2021Q4 peb Real Estate Investment Property Excluding Operating Lease Right Of Use Asset At Cost
RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost
6766803000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
376574000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
378939000 USD
CY2022Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7101125000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7145742000 USD
CY2022Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1125268000 USD
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1066409000 USD
CY2022Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5975857000 USD
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6079333000 USD
CY2022Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
61000000 USD
CY2022Q1 peb Impairment Of Real Estate Number Of Properties
ImpairmentOfRealEstateNumberOfProperties
2 property
CY2021Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
14900000 USD
CY2021Q1 peb Impairment Of Real Estate Number Of Properties
ImpairmentOfRealEstateNumberOfProperties
1 property
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
319400000 USD
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
42200000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
319400000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
42000000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
2443090000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
2441888000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12600000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12600000 USD
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12100000 USD
CY2022Q1 peb Debt Instrument Election Period Prior To Maturity Date
DebtInstrumentElectionPeriodPriorToMaturityDate
P2D
CY2022Q1 peb Debt Instrument Redemption Price To Principal Amount Percentage
DebtInstrumentRedemptionPriceToPrincipalAmountPercentage
1
CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2285000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2659000 USD
CY2022Q1 peb Interest Expense Debt Other
InterestExpenseDebtOther
524000 USD
CY2021Q1 peb Interest Expense Debt Other
InterestExpenseDebtOther
2131000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
22572000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
25331000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
258068000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
83643000 USD
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
29600000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
29600000 shares
CY2022Q1 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2022Q1 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1675000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1839323 shares
CY2022Q1 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2022Q1 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-110874000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-128721000 USD
CY2022Q1 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
10000 USD
CY2021Q1 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
12000 USD
CY2022Q1 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-110884000 USD
CY2021Q1 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-128733000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130904299 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130775873 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130904299 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130775873 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.98
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
CY2022Q1 peb Combined Base And Incentive Management Fee Expense Reversal
CombinedBaseAndIncentiveManagementFeeExpenseReversal
7700000 USD
CY2021Q1 peb Combined Base And Incentive Management Fee Expense Reversal
CombinedBaseAndIncentiveManagementFeeExpenseReversal
2300000 USD
CY2022Q1 peb Reserve Funds As Percentage Of Hotel Revenues
ReserveFundsAsPercentageOfHotelRevenues
0.040
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
26500000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
33700000 USD
CY2022Q1 peb Fixed Lease Cost
FixedLeaseCost
4456000 USD
CY2021Q1 peb Fixed Lease Cost
FixedLeaseCost
4313000 USD
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3054000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1496000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
7510000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
5809000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
16613000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
17438000 USD
CY2022Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
769000 USD
CY2021Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-21000 USD
CY2022Q1 peb Debt Conversion Converted Instrument Discount Adjustment Amount
DebtConversionConvertedInstrumentDiscountAdjustmentAmount
0 USD
CY2021Q1 peb Debt Conversion Converted Instrument Discount Adjustment Amount
DebtConversionConvertedInstrumentDiscountAdjustmentAmount
113099000 USD
CY2022Q1 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
2848000 USD
CY2021Q1 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
2156000 USD
CY2022Q1 peb Write Off Of Fully Amortized Debt Issuance Costs
WriteOffOfFullyAmortizedDebtIssuanceCosts
5466000 USD
CY2021Q1 peb Write Off Of Fully Amortized Debt Issuance Costs
WriteOffOfFullyAmortizedDebtIssuanceCosts
2817000 USD

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