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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Reimbursable costs from related parties $ 276 $ 283 $ 802 $ 836
Total revenue 78,409 87,177 227,337 242,099
Expenses:        
Depreciation and amortization 14,707 15,287 45,133 45,455
Property taxes, ground rent and insurance 5,328 6,453 17,205 17,728
General and administrative 4,142 4,395 12,741 13,623
Other charges 16 0 24 77
Reimbursable costs from related parties 276 283 802 836
Total operating expenses 68,515 74,659 204,750 214,374
Operating income before gain (loss) on sale of hotel properties 9,894 12,518 22,587 27,725
Gain (loss) on sale of hotel properties 39 (14) 7,507 (154)
Operating income 9,933 12,504 30,094 27,571
Interest and other income 71 97 192 1,627
Interest expense, including amortization of deferred fees (6,243) (8,262) (19,508) (23,292)
Loss on early extinguishment of debt (174) 0 (174) (17)
Income before income tax expense 3,587 4,339 10,604 5,889
Income tax expense 0 0 0 0
Net income 3,587 4,339 10,604 5,889
Net income attributable to noncontrolling interests (56) (88) (163) (15)
Net income attributable to Chatham Lodging Trust 3,531 4,251 10,441 5,874
Preferred dividends (1,987) (1,987) (5,962) (5,962)
Net income (loss) attributable to common shareholders $ 1,544 $ 2,264 $ 4,479 $ (88)
Income (loss) per common share - basic:        
Net income (loss) attributable to common shareholders (Note 10) (in dollars per share) $ 0.03 $ 0.05 $ 0.09 $ 0
Income (loss) per common share - diluted:        
Net income (loss) attributable to common shareholders (Note 10) (in dollars per share) $ 0.03 $ 0.05 $ 0.09 $ 0
Weighted average number of common shares outstanding:        
Basic (in shares) 48,910,697 48,904,179 48,956,588 48,898,947
Diluted (in shares) 49,600,250 49,066,464 50,068,092 48,898,947
Distributions declared per common share: (in dollars per share) $ 0.09 $ 0.07 $ 0.27 $ 0.21
Occupancy [Member]        
Revenue:        
Revenue $ 71,923 $ 80,236 $ 207,737 $ 221,762
Food and Beverage [Member]        
Revenue:        
Revenue 1,561 1,832 5,083 5,806
Hotel, Other [Member]        
Revenue:        
Revenue 4,649 4,826 13,715 13,695
Hotel [Member]        
Expenses:        
Room 15,469 17,011 45,255 49,110
Food and beverage 1,368 1,592 4,192 4,683
Telephone 292 343 884 991
Other hotel operating 1,171 1,188 3,353 3,031
General and administrative 6,667 7,506 20,703 21,903
Franchise and marketing fees 6,349 6,990 18,215 19,415
Advertising and promotions 1,923 1,677 5,185 4,604
Utilities 3,597 3,946 9,561 10,061
Repairs and maintenance 3,797 4,178 11,463 12,235
Management fees paid to related parties 2,600 2,959 7,575 8,118
Insurance 813 851 2,459 2,504
Total hotel operating expenses $ 44,046 $ 48,241 $ 128,845 $ 136,655