Chatham Lodging Trust (CLDT) Financial Statements (2024 and earlier)

Company Profile

Business Address 222 LAKEVIEW AVENUE
WEST PALM BEACH, FL 33401
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments26,27419,18821,1246,6207,1929,333
Cash and cash equivalents26,27419,18821,1246,6207,1929,333
Deferred costs  197512913321
Total current assets:26,27419,20721,1996,7497,3259,354
Noncurrent Assets
Operating lease, right-of-use asset19,29719,98520,64121,270
Property, plant and equipment289,589291,768287,049296,884296,253291,054
Deferred income tax assets    29
Total noncurrent assets:308,886311,753307,690318,183296,253291,054
Other undisclosed assets1,008,5781,079,7391,041,3681,113,6421,136,1311,091,808
TOTAL ASSETS:1,343,7381,410,6991,370,2571,438,5741,439,7091,392,216
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 39,33135,00713,325   
Total current liabilities: 39,33135,00713,325   
Noncurrent Liabilities
Other undisclosed liabilities486,410561,499664,472663,550632,291582,436
Total liabilities:525,741596,506677,797663,550632,291582,436
Equity
Equity, attributable to parent794,894797,502677,752762,377797,466803,162
Preferred stock4848    
Common stock488487470469465450
Additional paid in capital1,047,0231,048,070906,000904,273896,286871,730
Accumulated deficit(252,665)(251,103)(228,718)(142,365)(99,285)(69,018)
Equity, attributable to noncontrolling interest23,10316,69114,70812,6479,9526,618
Total equity:817,997814,193692,460775,024807,418809,780
TOTAL LIABILITIES AND EQUITY:1,343,7381,410,6991,370,2571,438,5741,439,7091,392,216

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Other undisclosed income before gain (loss) on sale of properties37,78727,282 
Revenues294,851203,975144,916328,328324,230298,856
Revenue, net298,856
Cost of revenue(160,758)  (174,251)(170,562)(155,679)
Cost of goods and services sold      (155,679)
Gross profit:134,093203,975144,916154,077153,668143,177
Operating expenses(15,071)(221,168)(207,685)(18,800)(266,078)(245,818)
Other undisclosed operating income (loss)(82,569)(21)21,116(81,892)170,544155,679
Operating income (loss):36,453(17,214)(41,653)53,38558,13453,038
Nonoperating income
(Investment Income, Nonoperating)
1024317919046230
Interest and debt expense(26,592)(24,460)(28,122)(28,247)(26,878)(27,901)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   (7,424)(6,448)(876)4,909
Income (loss) from continuing operations before equity method investments, income taxes:9,871(41,431)(77,020)18,88030,84230,076
Income from equity method investments  23,817    
Other undisclosed income (loss) from continuing operations before income taxes (1,231)    
Income (loss) from continuing operations before income taxes:9,871(18,845)(77,020)18,88030,84230,076
Income tax expense (benefit)     28(396)
Income (loss) from continuing operations:9,871(18,845)(77,020)18,88030,87029,680
Income (loss) before gain (loss) on sale of properties:(18,845)(77,020)56,66758,15229,680
Other undisclosed net loss    (37,787)(27,282) 
Net income (loss):9,871(18,845)(77,020)18,88030,87029,680
Net income (loss) attributable to noncontrolling interest(66)435997(177)(229)(202)
Net income (loss) attributable to parent:9,805(18,410)(76,023)18,70330,64129,478
Preferred stock dividends and other adjustments(7,950)(3,975)    
Other undisclosed net loss available to common stockholders, basic   (50)(297)(310)(235)
Net income (loss) available to common stockholders, basic:1,855(22,385)(76,073)18,40630,33129,243
Other undisclosed net loss available to common stockholders, diluted(25)     
Net income (loss) available to common stockholders, diluted:1,830(22,385)(76,073)18,40630,33129,243

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):9,871(18,845)(77,020)18,88030,87029,680
Comprehensive income (loss):9,871(18,845)(77,020)18,88030,87029,680
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(66)435997(177)(229)(202)
Comprehensive income (loss), net of tax, attributable to parent:9,805(18,410)(76,023)18,70330,64129,478

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: