2023 Q1 Form 10-K Financial Statement

#000147409823000038 Filed on February 21, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $305.7M $319.6M $1.392B
YoY Change 18.46% 29.25% 89.88%
Cost Of Revenue $214.3M $229.2M $883.5M
YoY Change 22.91% 35.93% 77.91%
Gross Profit $91.41M $90.41M $508.4M
YoY Change 9.2% 14.93% 115.01%
Gross Profit Margin 29.9% 28.29% 36.53%
Selling, General & Admin $38.89M $37.53M $165.3M
YoY Change -3.17% -3.3% 10.33%
% of Gross Profit 42.55% 41.51% 32.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.37M $59.84M $239.6M
YoY Change -1.24% 2.08% 6.84%
% of Gross Profit 63.85% 66.18% 47.12%
Operating Expenses $97.26M $97.37M $404.9M
YoY Change -2.02% -0.06% 8.24%
Operating Profit $5.202M -$6.955M $14.72M
YoY Change -106.7% -62.92% -116.4%
Interest Expense $27.43M -$29.24M $99.99M
YoY Change 21.52% 24.05% 3.47%
% of Operating Profit 527.3% 679.17%
Other Income/Expense, Net $183.0K $406.0K $562.0K
YoY Change 863.16% 1350.0% 397.35%
Pretax Income -$22.05M -$40.61M -$84.70M
YoY Change -78.0% -5.18% -54.54%
Income Tax $0.00 -$738.0K $277.0K
% Of Pretax Income
Net Earnings -$22.93M -$43.57M -$87.17M
YoY Change -76.96% 2.77% -52.84%
Net Earnings / Revenue -7.5% -13.63% -6.26%
Basic Earnings Per Share -$0.27 -$0.95
Diluted Earnings Per Share -$0.27 -$0.34 -$0.95
COMMON SHARES
Basic Shares Outstanding 126.0M shares 131.5M shares 130.5M shares
Diluted Shares Outstanding 125.5M shares 130.5M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $138.5M $41.04M $41.04M
YoY Change 99.46% -29.87% -29.87%
Cash & Equivalents $138.5M $41.04M $41.04M
Short-Term Investments
Other Short-Term Assets $113.5M $116.3M $116.3M
YoY Change 69.55% 121.2% 121.2%
Inventory
Prepaid Expenses
Receivables $43.42M $45.26M $45.26M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $295.4M $202.6M $202.6M
YoY Change 66.88% 36.76% 36.76%
LONG-TERM ASSETS
Property, Plant & Equipment $5.703B $5.875B $5.875B
YoY Change -4.56% -3.36% -3.36%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $78.89M $56.09M $56.09M
YoY Change 197.63% 66.3% 66.3%
Total Long-Term Assets $5.782B $5.931B $5.931B
YoY Change -3.67% -2.98% -2.98%
TOTAL ASSETS
Total Short-Term Assets $295.4M $202.6M $202.6M
Total Long-Term Assets $5.782B $5.931B $5.931B
Total Assets $6.078B $6.134B $6.134B
YoY Change -1.64% -2.04% -2.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $216.0M $207.8M $207.8M
YoY Change 13.05% -0.37% -0.37%
Accrued Expenses $329.8M $324.9M $324.9M
YoY Change 0.64% 0.29% 0.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $640.5M $618.6M $618.6M
YoY Change 5.15% 0.84% 0.84%
LONG-TERM LIABILITIES
Long-Term Debt $2.431B $2.430B $2.430B
YoY Change -2.19% -2.17% -2.17%
Other Long-Term Liabilities $2.214M $428.0K $428.0K
YoY Change
Total Long-Term Liabilities $2.433B $2.430B $2.430B
YoY Change -2.1% -2.15% -2.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $640.5M $618.6M $618.6M
Total Long-Term Liabilities $2.433B $2.430B $2.430B
Total Liabilities $3.074B $3.049B $3.137B
YoY Change -0.67% -1.56% 1.03%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.236M $1.263M
YoY Change -5.58% -3.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.916B $2.997B $2.997B
YoY Change
Total Liabilities & Shareholders Equity $6.078B $6.134B $6.134B
YoY Change -1.64% -2.04% -2.04%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$22.93M -$43.57M -$87.17M
YoY Change -76.96% 2.77% -52.84%
Depreciation, Depletion And Amortization $58.37M $59.84M $239.6M
YoY Change -1.24% 2.08% 6.84%
Cash From Operating Activities $46.23M $24.33M $278.7M
YoY Change 19.05% -8.23% 293.9%
INVESTING ACTIVITIES
Capital Expenditures $35.06M $48.37M $116.7M
YoY Change -275.72% -256.26% -239.27%
Acquisitions
YoY Change
Other Investing Activities $548.0K $5.613M $25.00K
YoY Change 1065.96% -109.1% -80.47%
Cash From Investing Activities $105.2M -$42.75M -$109.4M
YoY Change -627.12% -53.85% 34.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $70.72M
YoY Change 9722.78%
Debt Paid & Issued, Net $498.0K $1.435B
YoY Change 53.7% 265.84%
Cash From Financing Activities -$57.13M -139.4M -$209.3M
YoY Change 276.49% 473.79% 529.59%
NET CHANGE
Cash From Operating Activities $46.23M 24.33M $278.7M
Cash From Investing Activities $105.2M -42.75M -$109.4M
Cash From Financing Activities -$57.13M -139.4M -$209.3M
Net Change In Cash $94.28M -157.9M -$39.98M
YoY Change 2443.98% 74.57% -9.25%
FREE CASH FLOW
Cash From Operating Activities $46.23M $24.33M $278.7M
Capital Expenditures $35.06M $48.37M $116.7M
Free Cash Flow $11.17M -$24.03M $162.0M
YoY Change -81.0% -141.82% 4.79%

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CY2020 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax
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CY2020 us-gaap Comprehensive Income Net Of Tax
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CY2020 us-gaap Dividends Common Stock
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113890000 usd
CY2020 peb Capped Calls Purchased During Period In Connection With Convertible Senior Notes
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2020 us-gaap Profit Loss
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2021 us-gaap Profit Loss
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3163905000 usd
CY2022 us-gaap Stock Redeemed Or Called During Period Value
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CY2022 us-gaap Stock Issued During Period Value New Issues
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CY2022 peb Issuance Of Operating Partnership Units
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CY2022 peb Share Value Issued For Board Of Trustees Compensation
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CY2022 us-gaap Stock Repurchased During Period Value
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CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022 us-gaap Dividends Common Stock
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CY2022 us-gaap Profit Loss
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
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OtherDepreciationAndAmortization
224251000 usd
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OtherDepreciationAndAmortization
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CY2022 us-gaap Share Based Compensation
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11350000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2020 us-gaap Share Based Compensation
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22779000 usd
CY2022 peb Amortization Of Debt Issuance Costs Non Cash Interest And Other Amortization
AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization
13453000 usd
CY2021 peb Amortization Of Debt Issuance Costs Non Cash Interest And Other Amortization
AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization
16633000 usd
CY2020 peb Amortization Of Debt Issuance Costs Non Cash Interest And Other Amortization
AmortizationOfDebtIssuanceCostsNonCashInterestAndOtherAmortization
17200000 usd
CY2022 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
6194000 usd
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64729000 usd
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CY2022 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
89882000 usd
CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
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CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
74556000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9952000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7061000 usd
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FinanceLeaseRightOfUseAssetAmortization
6198000 usd
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OtherNoncashIncomeExpense
4962000 usd
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OtherNoncashIncomeExpense
1959000 usd
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OtherNoncashIncomeExpense
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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27509000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10018000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
428000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
24808000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
51793000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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3846000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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25736000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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278745000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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70766000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
116743000 usd
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
83827000 usd
CY2020 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
125014000 usd
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
248908000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
255927000 usd
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
375131000 usd
CY2022 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
247163000 usd
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
253541000 usd
CY2020 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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CY2022 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
5638000 usd
CY2021 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
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CY2020 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
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PaymentsForProceedsFromOtherInvestingActivities
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
128000 usd
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
250117000 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
480000000 usd
CY2020 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
123000 usd
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
15947000 usd
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
119000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
12415000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
14510000 usd
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
16372000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
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190151000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
190151000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
40000000 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1380000000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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268599000 usd
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
512965000 usd
CY2022 us-gaap Repayments Of Long Term Debt
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1434956000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
392236000 usd
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
212965000 usd
CY2022 peb Payments For Purchase Of Capped Calls Convertible Senior Notes
PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes
0 usd
CY2021 peb Payments For Purchase Of Capped Calls Convertible Senior Notes
PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes
20975000 usd
CY2020 peb Payments For Purchase Of Capped Calls Convertible Senior Notes
PaymentsForPurchaseOfCappedCallsConvertibleSeniorNotes
38300000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
70724000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
720000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1255000 usd
CY2022 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
16000000 usd
CY2021 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
250000000 usd
CY2020 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
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CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5291000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5279000 usd
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
53960000 usd
CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
47367000 usd
CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
39443000 usd
CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
32556000 usd
CY2022 peb Repayments Of Membership Deposits
RepaymentsOfMembershipDeposits
2462000 usd
CY2021 peb Repayments Of Membership Deposits
RepaymentsOfMembershipDeposits
2739000 usd
CY2020 peb Repayments Of Membership Deposits
RepaymentsOfMembershipDeposits
1354000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-209338000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31084000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-39978000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-44053000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
79425000 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
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56875000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52269000 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
CY2022Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
51 property
CY2022Q4 peb Number Of Guest Rooms
NumberOfGuestRooms
12756 hotelroom
CY2022 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>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:5pt;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%">Risks and Uncertainties </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 state of the overall economy can significantly impact hotel operational performance and thus the Company's financial position. It is uncertain what the future affects of the COVID-19 pandemic will have on the overall economy or travel. In addition, the rise in inflation and corresponding increase in interest rates may also impact the overall economy. A decline in travel or a significant increase in costs may impact the Company's cash flow and ability to service debt or meet other financial obligations.</span></div>
CY2022 peb Sale Of Real Estate Held For Investment Consideration Received
SaleOfRealEstateHeldForInvestmentConsiderationReceived
260900000 usd
CY2021 peb Sale Of Real Estate Held For Investment Consideration Received
SaleOfRealEstateHeldForInvestmentConsiderationReceived
264125000 usd
CY2022 us-gaap Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
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-2300000 usd
CY2021 us-gaap Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
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-21700000 usd
CY2020 us-gaap Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax
-32400000 usd
CY2022Q4 us-gaap Land
Land
897756000 usd
CY2021Q4 us-gaap Land
Land
926330000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5170976000 usd
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5197816000 usd
CY2022Q4 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
504518000 usd
CY2021Q4 peb Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
535607000 usd
CY2022Q4 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
CY2022Q4 us-gaap Development In Process
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11961000 usd
CY2021Q4 us-gaap Development In Process
DevelopmentInProcess
15869000 usd
CY2022Q4 peb Real Estate Investment Property Excluding Operating Lease Right Of Use Asset At Cost
RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost
6676392000 usd
CY2021Q4 peb Real Estate Investment Property Excluding Operating Lease Right Of Use Asset At Cost
RealEstateInvestmentPropertyExcludingOperatingLeaseRightOfUseAssetAtCost
6766803000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
370383000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
378939000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7046775000 usd
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7145742000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1171899000 usd
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1066409000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5874876000 usd
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6079333000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
320400000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
42700000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
319400000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
42000000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
7400000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2400985000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2455941000 usd
CY2022Q4 peb Debt Instrument Unamortized Discount Premium Net And Deferred Financing Costs Net
DebtInstrumentUnamortizedDiscountPremiumNetAndDeferredFinancingCostsNet
13692000 usd
CY2021Q4 peb Debt Instrument Unamortized Discount Premium Net And Deferred Financing Costs Net
DebtInstrumentUnamortizedDiscountPremiumNetAndDeferredFinancingCostsNet
14053000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2387293000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
2441888000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12600000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12600000 usd
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12100000 usd
CY2022 peb Debt Instrument Election Period Prior To Maturity Date
DebtInstrumentElectionPeriodPriorToMaturityDate
P2D
CY2022Q4 peb Debt Instrument Redemption Price To Principal Amount Percentage
DebtInstrumentRedemptionPriceToPrincipalAmountPercentage
1
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
16465000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9741000 usd
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7296000 usd
CY2022 peb Interest Expense Debt Other
InterestExpenseDebtOther
3199000 usd
CY2021 peb Interest Expense Debt Other
InterestExpenseDebtOther
5672000 usd
CY2020 peb Interest Expense Debt Other
InterestExpenseDebtOther
8793000 usd
CY2022 us-gaap Interest Expense
InterestExpense
99988000 usd
CY2021 us-gaap Interest Expense
InterestExpense
96633000 usd
CY2020 us-gaap Interest Expense
InterestExpense
104098000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
49588000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
623584000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
464602000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
752318000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
462439000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
48454000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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2400985000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
21373000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
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CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2387293000 usd
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2022Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1391891000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
733044000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
442888000 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
28600000 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
29600000 shares
CY2022Q4 peb Common Unit Redemption Rights Redemption Option Common Share Conversion Basis
CommonUnitRedemptionRightsRedemptionOptionCommonShareConversionBasis
1 shares
CY2022Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1718248 shares
CY2022Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2022Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2021Q4 peb Long Term Incentive Partnership Units Outstanding
LongTermIncentivePartnershipUnitsOutstanding
727208 shares
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
253000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2028000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
277000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
17402000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
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CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
20056000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
264000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
80000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
277000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
3400000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
38822000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
41109000 usd
CY2022Q4 peb Deferred Tax Assets State Income And Other Taxes Amount
DeferredTaxAssetsStateIncomeAndOtherTaxesAmount
3071000 usd
CY2021Q4 peb Deferred Tax Assets State Income And Other Taxes Amount
DeferredTaxAssetsStateIncomeAndOtherTaxesAmount
2470000 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
193000 usd
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
418000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
42086000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
43997000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
42086000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
43997000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021Q4 us-gaap Deferred Tax Assets Net
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2022 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
45000 usd
CY2021 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
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CY2020 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
8000 usd
CY2022 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
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CY2021 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
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CY2020 peb Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130453944 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130804354 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130804354 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130610015 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Earnings Per Share Basic
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CY2020 us-gaap Earnings Per Share Basic
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CY2022 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Earnings Per Share Diluted
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CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 peb Terms Of Management Agreements Not Including Renewals
TermsOfManagementAgreementsNotIncludingRenewals
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CY2022 peb Terms Of Management Agreements Including Renewals
TermsOfManagementAgreementsIncludingRenewals
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CY2022 peb Combined Base And Incentive Management Fee Expense Reversal
CombinedBaseAndIncentiveManagementFeeExpenseReversal
39600000 usd
CY2021 peb Combined Base And Incentive Management Fee Expense Reversal
CombinedBaseAndIncentiveManagementFeeExpenseReversal
18400000 usd
CY2020 peb Combined Base And Incentive Management Fee Expense Reversal
CombinedBaseAndIncentiveManagementFeeExpenseReversal
9400000 usd
CY2022 peb Reserve Funds As Percentage Of Hotel Revenues
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0.040
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
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11200000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
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33700000 usd
CY2022 peb Fixed Lease Cost
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18538000 usd
CY2021 peb Fixed Lease Cost
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16825000 usd
CY2020 peb Fixed Lease Cost
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17220000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
18931000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
9616000 usd
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
4924000 usd
CY2022 us-gaap Lease Cost
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37469000 usd
CY2021 us-gaap Lease Cost
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26441000 usd
CY2020 us-gaap Lease Cost
LeaseCost
22144000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
20502000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
20735000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
21031000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1688547000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1368145000 usd
CY2022Q4 us-gaap Operating Lease Liability
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320402000 usd
CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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CY2020 us-gaap Interest Paid Net
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CY2022 us-gaap Interest Paid Capitalized
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CY2021 us-gaap Interest Paid Capitalized
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CY2020 us-gaap Interest Paid Capitalized
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CY2022 us-gaap Income Taxes Paid Net
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CY2021 us-gaap Income Taxes Paid Net
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CY2020 us-gaap Income Taxes Paid Net
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3469000 usd
CY2022 peb Debt Conversion Converted Instrument Discount Adjustment Amount
DebtConversionConvertedInstrumentDiscountAdjustmentAmount
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CY2021 peb Debt Conversion Converted Instrument Discount Adjustment Amount
DebtConversionConvertedInstrumentDiscountAdjustmentAmount
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CY2020 peb Debt Conversion Converted Instrument Discount Adjustment Amount
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CY2022 us-gaap Conversion Of Stock Amount Issued1
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CY2021 us-gaap Conversion Of Stock Amount Issued1
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CY2020 us-gaap Conversion Of Stock Amount Issued1
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2831000 usd
CY2022 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
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CY2021 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
3110000 usd
CY2020 peb Accrued Additions And Improvements To Hotel Properties
AccruedAdditionsAndImprovementsToHotelProperties
9164000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1005000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
65599000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2022Q4 peb Write Off Of Depreciation Of Property Plant And Equipment
WriteOffOfDepreciationOfPropertyPlantAndEquipment
72532000 usd
CY2021Q4 peb Write Off Of Depreciation Of Property Plant And Equipment
WriteOffOfDepreciationOfPropertyPlantAndEquipment
0 usd
CY2020Q4 peb Write Off Of Depreciation Of Property Plant And Equipment
WriteOffOfDepreciationOfPropertyPlantAndEquipment
0 usd
CY2022 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
19595000 usd
CY2021 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
6574000 usd
CY2020 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1979000 usd
CY2022 us-gaap Loans Assumed1
LoansAssumed1
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CY2021 us-gaap Loans Assumed1
LoansAssumed1
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CY2020 us-gaap Loans Assumed1
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0 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
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CY2021 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
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3071000 usd
CY2020 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
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0 usd
CY2022Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
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CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
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CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
4787504000 usd
CY2022Q4 peb Real Estateand Accumulated Depreciation Initial Costof Furniture Fixturesand Equipment
RealEstateandAccumulatedDepreciationInitialCostofFurnitureFixturesandEquipment
348408000 usd
CY2022Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
685174000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
909462000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
5296003000 usd
CY2022Q4 peb Real Estateand Accumulated Depreciation Carrying Valueof Furniture Fixturesand Equipment
RealEstateandAccumulatedDepreciationCarryingValueofFurnitureFixturesandEquipment
523916000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
6729381000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1180434000 usd
CY2022Q4 us-gaap Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
5548947000 usd
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
6732637000 usd
CY2020 us-gaap Real Estate Improvements
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115850000 usd
CY2020 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
314186000 usd
CY2020 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
74556000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
6459745000 usd
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
488447000 usd
CY2021 us-gaap Real Estate Improvements
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86936000 usd
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
253469000 usd
CY2021 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
14856000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
6766803000 usd
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
331249000 usd
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
105626000 usd
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
359083000 usd
CY2022 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
115214000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
6729381000 usd
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
735322000 usd
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
223286000 usd
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
60321000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
898287000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
223225000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
55103000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1066409000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
238278000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
124253000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1180434000 usd
CY2022Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
6400000000 usd

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