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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue:      
Total revenue $ 317,209 $ 311,109 $ 294,851
Expenses:      
Total hotel operating expenses 181,176 175,386 160,758
Depreciation and amortization 60,741 58,254 59,350
Impairment loss 4,256 4,266 0
Property taxes, ground rent and insurance 23,709 23,507 21,210
General and administrative 18,388 17,517 17,339
Other charges 327 2,300 683
Reimbursable costs from related parties 1,105 1,283 1,326
Total operating expenses 289,702 282,513 260,666
Operating income before gain on sale of hotel properties 27,507 28,596 34,185
Gain on sale of hotel properties 5,713 18 2,268
Operating income 33,220 28,614 36,453
Interest and other income 1,712 1,534 10
Interest expense net of amounts capitalized, including amortization of deferred fees (30,880) (27,128) (26,454)
Loss on early extinguishment of debt (17) (696) (138)
Gain from partial lease termination 0 164 0
Income before income tax expense 4,035 2,488 9,871
Income tax expense 0 0 0
Net income 4,035 2,488 9,871
Net loss (income) attributable to non-controlling interest 131 156 (66)
Net income attributable to Chatham Lodging Trust 4,166 2,644 9,805
Preferred dividends (7,950) (7,950) (7,950)
Net (loss) income attributable to common shareholders $ (3,784) $ (5,306) $ 1,855
(Loss) income per common share - basic:      
Net (loss) income attributable to common shareholders (in dollars per share) $ (0.08) $ (0.11) $ 0.04
(Loss) income per common share - diluted:      
Net (loss) income attributable to common shareholders (in dollars per share) $ (0.08) $ (0.11) $ 0.04
Weighted average number of common shares outstanding:      
Basic (in shares) 48,900,997 48,847,386 48,795,642
Diluted (in shares) 48,900,997 48,847,386 49,058,722
Distributions per common share (in dollars per share) $ 0.28 $ 0.28 $ 0.07
Room      
Revenue:      
Total revenue $ 290,290 $ 284,999 $ 272,265
Expenses:      
Total hotel operating expenses 65,311 61,794 56,073
Food and beverage      
Revenue:      
Total revenue 7,737 8,124 7,303
Expenses:      
Total hotel operating expenses 6,218 6,352 5,520
Other      
Revenue:      
Total revenue 18,077 16,703 13,958
Reimbursable costs from related parties      
Revenue:      
Total revenue 1,105 1,283 1,325
Telephone      
Expenses:      
Total hotel operating expenses 1,360 1,439 1,449
Other hotel operating      
Expenses:      
Total hotel operating expenses 4,127 3,712 3,488
General and administrative      
Expenses:      
Total hotel operating expenses 28,826 28,884 26,085
Franchise and marketing fees      
Expenses:      
Total hotel operating expenses 25,355 24,897 23,674
Advertising and promotions      
Expenses:      
Total hotel operating expenses 6,229 6,085 5,397
Utilities      
Expenses:      
Total hotel operating expenses 13,161 13,007 12,048
Repairs and maintenance      
Expenses:      
Total hotel operating expenses 16,516 15,837 14,145
Management fees paid to related parties | Related Party      
Expenses:      
Total hotel operating expenses 10,733 10,557 10,133
Insurance      
Expenses:      
Total hotel operating expenses $ 3,340 $ 2,822 $ 2,746