The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Hotel adjusted ebitda | 183,736 |
| Ownership expenses included in other hotel expenses-Hotel Other | 5,847 |
| Ownership expenses included in property taxes, insurance and other | -231 |
| Management fees-Management Fees | 543 |
| Depreciation and amortization | 92,578 |
| Impairment charges | 54,492 |
| Advisory services fee | 29,186 |
| Corporate, general and administrative | 11,754 |
| Gain (loss) on disposition of assets and hotel properties | 82,797 |
| Equity in earnings (loss) of unconsolidated entity | -56 |
| Interest income | 6,246 |
| Other income (expense) | 1,572 |
| Interest expense and amortization of discounts and loan costs | 98,539 |
| Write-off of loan costs and exit fees | 1,833 |
| Gain (loss) on extinguishment of debt | -2,686 |
| Realized and unrealized gain (loss) on derivatives | -355 |
| Income tax (expense) benefit | 1,979 |
| Net income (loss) | -28,410 |
| Depreciation and amortization | 92,578 |
| Recognition of deferred income | 684 |
| Equity-based compensation | -446 |
| Bad debt expense | 352 |
| (gain) loss on extinguishment of debt | -2,686 |
| Amortization of loan costs, discounts and capitalized default interest | 10,833 |
| Write-off of loan costs and exit fees | 1,833 |
| Amortization of intangibles | 428 |
| Amortization of non-refundable membership initiation fees | 2,695 |
| Interest expense accretion on refundable membership club deposits | 557 |
| Realized (gain) loss on sale of securities | -1,572 |
| (gain) loss on disposition of assets and hotel properties | 82,797 |
| Impairment charges | 54,492 |
| Realized and unrealized (gain) loss on derivatives | -355 |
| Non-cash interest income | 613 |
| Equity in (earnings) loss of unconsolidated entity | -56 |
| Deferred income tax expense (benefit) | 1,059 |
| Accounts receivable and inventories | 7,366 |
| Prepaid expenses and other assets | -2,151 |
| Deposit paid to ashford inc | 17,000 |
| Accounts payable and accrued expenses | 5,528 |
| Operating lease right-of-use assets | 233 |
| Due to/from related parties, net | -798 |
| Due to/from third-party hotel managers | -601 |
| Due to/from ashford inc | 1,214 |
| Operating lease liabilities | 24 |
| Other liabilities | 6,237 |
| Net cash provided by (used in) operating activities | 40,778 |
| Proceeds from property insurance | 4,765 |
| Issuance of note receivable | 0 |
| Payments for initial franchise fee | 0 |
| Proceeds from sale of investment in securities | 40,707 |
| Acquisition of land | 5,509 |
| Net proceeds from sale of hotel properties | 247,570 |
| Purchase of securities | 0 |
| Investment in unconsolidated entity | 0 |
| Improvements and additions to hotel properties | 77,904 |
| Net cash provided by (used in) investing activities | 209,629 |
| Borrowings on indebtedness | 403,000 |
| Repayments of indebtedness | 518,277 |
| Payments of loan costs and exit fees | 11,928 |
| Payments for derivatives | 670 |
| Proceeds from derivatives | 714 |
| Purchase of common stock | 778 |
| Payments for dividends and distributions | 47,339 |
| Net proceeds from issuance of preferred stock | 0 |
| Contributions from noncontrolling interest in consolidated entities | 306 |
| Redemption of operating partnership units | 121 |
| Distributions to noncontrolling interest in consolidated entities | 2,293 |
| Acquisition of noncontrolling interest in consolidated entities | 14,469 |
| Redemption of preferred stock | 76,776 |
| Net cash provided by (used in) financing activities | -268,631 |
| Net change in cash, cash equivalents and restricted cash | -18,224 |
| Cash, cash equivalents and restricted cash at beginning of period | 185,057 |
| Cash, cash equivalents and restricted cash at end of period | 166,833 |
Braemar Hotels & Resorts Inc. (BHR)
Braemar Hotels & Resorts Inc. (BHR)