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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Reimbursable costs from related parties $ 250 $ 249 $ 521 $ 526
Total revenue 87,804 80,294 155,307 148,929
Expenses:        
Depreciation and amortization 15,726 15,395 30,505 30,426
Property taxes, ground rent and insurance 5,282 6,134 10,442 11,877
General and administrative 4,590 3,992 9,239 8,599
Other charges 26 0 482 7
Reimbursable costs from related parties 250 249 521 526
Total operating expenses 72,417 68,790 138,404 136,235
Operating income before gain on sale of hotel properties 15,387 11,504 16,903 12,694
Gain on sale of hotel properties 10 350 131 7,468
Operating income 15,397 11,854 17,034 20,162
Interest and other income 23 59 102 121
Interest expense, including amortization of deferred fees (6,903) (6,414) (13,103) (13,266)
Income before income tax expense 8,517 5,499 4,033 7,017
Income tax expense (62) 0 (125) 0
Net income 8,455 5,499 3,908 7,017
Net income attributable to noncontrolling interests (241) (123) (3) (106)
Net income attributable to Chatham Lodging Trust 8,214 5,376 3,905 6,911
Preferred dividends (1,987) (1,987) (3,975) (3,975)
Net income (loss) attributable to common shareholders $ 6,227 $ 3,389 $ (70) $ 2,936
Income (loss) per common share - basic:        
Net income (loss) attributable to common shareholders (Note 10) (in dollars per share) $ 0.13 $ 0.07 $ (0) $ 0.06
Income (loss) per common share - diluted:        
Net income (loss) attributable to common shareholders (Note 10) (in dollars per share) $ 0.13 $ 0.07 $ (0) $ 0.06
Weighted average number of common shares outstanding:        
Basic (in shares) 46,634,258 48,998,696 46,941,191 48,979,914
Diluted (in shares) 47,913,056 49,565,693 46,941,191 49,985,844
Dividends declared (in dollars per share) $ 0.1 $ 0.09 $ 0.2 $ 0.18
Occupancy [Member]        
Revenue:        
Revenue $ 80,644 $ 73,396 $ 141,847 $ 135,814
Food and Beverage [Member]        
Revenue:        
Revenue 1,604 1,864 3,205 3,523
Hotel, Other [Member]        
Revenue:        
Revenue 5,306 4,785 9,734 9,066
Hotel [Member]        
Expenses:        
Room 16,625 14,957 30,630 29,786
Food and beverage 1,347 1,386 2,715 2,823
Telephone 382 281 726 592
Other hotel operating 1,270 1,157 2,385 2,183
General and administrative 7,240 7,125 14,291 14,036
Franchise and marketing fees 6,950 6,435 12,227 11,866
Advertising and promotions 1,902 1,655 3,570 3,262
Utilities 3,096 2,811 6,163 5,964
Repairs and maintenance 3,864 3,708 7,530 7,666
Management fees paid to related parties 2,958 2,685 5,220 4,975
Insurance 909 820 1,758 1,647
Total hotel operating expenses $ 46,543 $ 43,020 $ 87,215 $ 84,800