rlj: the income statement

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RLJ Lodging Trust (RLJ)

For the quarter ending 2025-03-31, RLJ made $328,119K in revenue. -$2,917K in net income. Net profit margin of -0.89%.

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

	2025-03-31	2024-09-30	2024-06-30
Total revenues	328,119	345,744	369,297
Other income, net	888	791	687
Operating costs and expenses	217,053	223,595	224,826
General and administrative	12,646	12,781	13,940
Depreciation and amortization	45,788	44,892	44,474
Transaction costs	56	209	76
Property tax, insurance and other	27,203	24,156	28,753
Total operating expenses	302,746	305,633	312,069
Interest income	3,255	4,286	4,118
Interest expense	27,552	28,643	28,049
Gain on sale of hotel property, net	1,321	4,755	3,546
Loss on extinguishment of indebtedness, net	-	-129	-
Income before equity in income from unconsolidated joint ventures	3,285	21,171	37,530
Equity in income from unconsolidated joint ventures	181	-149	154
Income before income tax expense	3,466	21,022	37,684
Income tax expense	294	379	393
Net income (loss), including portion attributable to noncontrolling interest	3,172	20,643	37,291
Noncontrolling interest in the operating partnership	-17	49	169
Noncontrolling interest in consolidated joint ventures	-173	-8	16
Net income attributable to rlj	3,362	20,602	37,106
Preferred dividends	6,279	6,279	6,279
Net loss attributable to common shareholders	-2,917	14,323	30,827

Basic eps	-0.02	0.09	0.2
Diluted eps	-0.02	0.09	0.2
Basic average shares	150,909,513	153,070,639	153,641,065
Diluted average shares	150,909,513	153,240,169	154,105,871

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