PEB: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, PEB has $5,554,250K in assets. $2,946,661K in debts. $223,157K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Investment in hotel properties, net	5,103,449	5,249,485
Hotel held for sale	80,602	-
Cash and cash equivalents	223,157	256,130
Restricted cash	8,958	11,008
Hotel receivables (net of allowance for doubtful accounts of 348 and 439, respectively)	45,666	49,691
Prepaid expenses and other assets	92,418	86,996
Total assets	5,554,250	5,653,310

Debt	2,239,036	2,248,135
Accounts payable, accrued expenses and other liabilities	228,116	232,139
Lease liabilities - operating leases	333,090	320,749
Deferred revenues	97,980	99,109
Accrued interest	18,027	10,221
Liabilities related to hotel held for sale	18,609	-
Distribution payable	11,803	11,856
Total liabilities	2,946,661	2,922,209
Preferred shares of beneficial interest, .01 par value (liquidation preference 688,554 and 690,000 at september30, 2025 and december31, 2024, respectively), 100,000,000 shares authorized 27,542,157 and 27,600,000 shares issued and outstanding at september30, 2025 and december31, 2024, respectively	275	276
Common shares of beneficial interest, .01 par value, 500,000,000 shares authorized 113,841,546 and 119,285,394 shares issued and outstanding at september30, 2025 and december31, 2024, respectively	1,138	1,182
Additional paid-in capital	3,985,385	4,061,670
Accumulated other comprehensive income (loss)	3,465	6,870
Distributions in excess of retained earnings	1,475,913	1,431,394
Total shareholders equity	2,514,350	2,638,604
Non-controlling interests	93,239	92,497
Total equity	2,607,589	2,731,101
Total liabilities and equity	5,554,250	5,653,310

Unit: Thousand (K) dollars