XML 26 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Equity (Details Textual) (USD $)
0 Months Ended 12 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Sep. 30, 2014
Oct. 30, 2014
Sep. 09, 2014
Common Stock Disclosures [Abstract]              
Common shares of beneficial interest, shares authorized 500,000,000us-gaap_CommonStockSharesAuthorized 500,000,000us-gaap_CommonStockSharesAuthorized 500,000,000us-gaap_CommonStockSharesAuthorized        
Common shares of beneficial interest, par value $ 0.01us-gaap_CommonStockParOrStatedValuePerShare $ 0.01us-gaap_CommonStockParOrStatedValuePerShare $ 0.01us-gaap_CommonStockParOrStatedValuePerShare        
Stock Issued During Period, Value, New Issues   $ 316,910,000us-gaap_StockIssuedDuringPeriodValueNewIssues $ 175,575,000us-gaap_StockIssuedDuringPeriodValueNewIssues $ 214,871,000us-gaap_StockIssuedDuringPeriodValueNewIssues      
Proceeds from Issuance of Common Stock   293,211,000us-gaap_ProceedsFromIssuanceOfCommonStock 79,362,000us-gaap_ProceedsFromIssuanceOfCommonStock 221,579,000us-gaap_ProceedsFromIssuanceOfCommonStock      
Preferred Stock Disclosures [Abstract]              
Preferred shares of beneficial interest, shares authorized 100,000,000us-gaap_PreferredStockSharesAuthorized 100,000,000us-gaap_PreferredStockSharesAuthorized 100,000,000us-gaap_PreferredStockSharesAuthorized        
Preferred shares of beneficial interest, par value $ 0.01us-gaap_PreferredStockParOrStatedValuePerShare $ 0.01us-gaap_PreferredStockParOrStatedValuePerShare $ 0.01us-gaap_PreferredStockParOrStatedValuePerShare        
Preferred Stock, Shares Issued 14,000,000us-gaap_PreferredStockSharesIssued 14,000,000us-gaap_PreferredStockSharesIssued 13,000,000us-gaap_PreferredStockSharesIssued        
Preferred Stock, Value, Issued 140,000us-gaap_PreferredStockValue 140,000us-gaap_PreferredStockValue 130,000us-gaap_PreferredStockValue        
Proceeds from Issuance of Preferred Stock and Preference Stock   25,000,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock 100,000,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock 0us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock      
Preferred Stock, Shares Outstanding 14,000,000us-gaap_PreferredStockSharesOutstanding 14,000,000us-gaap_PreferredStockSharesOutstanding 13,000,000us-gaap_PreferredStockSharesOutstanding        
Preferred shares of beneficial interest, redemption price per share $ 25.00us-gaap_PreferredStockRedemptionPricePerShare $ 25.00us-gaap_PreferredStockRedemptionPricePerShare          
LTIP Units Disclosures [Abstract]              
Operating Partnership outstanding 236,351peb_LongTermIncentivePartnershipUnitsOutstanding 236,351peb_LongTermIncentivePartnershipUnitsOutstanding 607,991peb_LongTermIncentivePartnershipUnitsOutstanding        
LTIP units, vested 0peb_LongTermIncentivePartnershipUnitsVested 0peb_LongTermIncentivePartnershipUnitsVested          
Long Term Incentive Partnership Units Converted To Common Units   258,101peb_LongTermIncentivePartnershipUnitsConvertedToCommonUnits 0peb_LongTermIncentivePartnershipUnitsConvertedToCommonUnits 444,535peb_LongTermIncentivePartnershipUnitsConvertedToCommonUnits      
Long Term Incentive Partnership Units Converted to Cash 113,539peb_LongTermIncentivePartnershipUnitsConvertedToCash            
Payments for Repurchase of Redeemable Noncontrolling Interest 5,200,000us-gaap_PaymentsForRepurchaseOfRedeemableNoncontrollingInterest 5,231,000us-gaap_PaymentsForRepurchaseOfRedeemableNoncontrollingInterest 0us-gaap_PaymentsForRepurchaseOfRedeemableNoncontrollingInterest 2,342,000us-gaap_PaymentsForRepurchaseOfRedeemableNoncontrollingInterest      
6.50% Series C [Member]              
Preferred Stock Disclosures [Abstract]              
Preferred Stock, Shares Issued         1,000,000us-gaap_PreferredStockSharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
   
Preferred Stock, Value, Issued 25.00us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
25.00us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
         
Proceeds from Issuance of Preferred Stock and Preference Stock         24,500,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
   
Preferred Stock, Shares Outstanding 5,000,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
5,000,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
4,000,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
       
Preferred Stock, Dividend Rate, Percentage   6.50%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
         
Share cap on each preferred shares   2.0325peb_ShareCapOnEachPreferredShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
         
7.875% Series A [Member]              
Preferred Stock Disclosures [Abstract]              
Preferred Stock, Shares Outstanding 5,600,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
5,600,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
5,600,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
       
Preferred Stock, Dividend Rate, Percentage   7.875%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
         
Share cap on each preferred shares   2.3234peb_ShareCapOnEachPreferredShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
         
8.00% Series B [Member]              
Preferred Stock Disclosures [Abstract]              
Preferred Stock, Shares Outstanding 3,400,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
3,400,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
3,400,000us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
       
Preferred Stock, Dividend Rate, Percentage   8.00%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
         
Share cap on each preferred shares   3.4483peb_ShareCapOnEachPreferredShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
         
Sept 9 common offering [Member]              
Common Stock Disclosures [Abstract]              
Stock Issued During Period, Shares, New Issues           3,680,000us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ peb_CommonStockAxis
= peb_Sept9commonofferingMember
 
Stock Issued During Period, Value, New Issues             38.15us-gaap_StockIssuedDuringPeriodValueNewIssues
/ peb_CommonStockAxis
= peb_Sept9commonofferingMember
Proceeds from Issuance of Common Stock             131,600,000us-gaap_ProceedsFromIssuanceOfCommonStock
/ peb_CommonStockAxis
= peb_Sept9commonofferingMember
ATMProgram [Member]              
Common Stock Disclosures [Abstract]              
Stock Issued During Period, Shares, New Issues   400,000us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ peb_CommonStockAxis
= peb_AtmprogramMember
         
Stock Issued During Period, Value, New Issues   38.09us-gaap_StockIssuedDuringPeriodValueNewIssues
/ peb_CommonStockAxis
= peb_AtmprogramMember
         
Mar 2014 Shelf Registration Stmt Maximum Amount 175,000,000peb_Mar2014ShelfRegistrationStmtMaximumAmount
/ peb_CommonStockAxis
= peb_AtmprogramMember
175,000,000peb_Mar2014ShelfRegistrationStmtMaximumAmount
/ peb_CommonStockAxis
= peb_AtmprogramMember
         
Proceeds from Issuance of Common Stock   15,000,000us-gaap_ProceedsFromIssuanceOfCommonStock
/ peb_CommonStockAxis
= peb_AtmprogramMember
         
Sept 2012 Shelf Registration Stmt Maximum Amount 170,000,000peb_Sept2012ShelfRegistrationStmtMaximumAmount
/ peb_CommonStockAxis
= peb_AtmprogramMember
170,000,000peb_Sept2012ShelfRegistrationStmtMaximumAmount
/ peb_CommonStockAxis
= peb_AtmprogramMember
         
Amount Available under ATM Program 159,800,000peb_AmountAvailableunderATM
/ peb_CommonStockAxis
= peb_AtmprogramMember
159,800,000peb_AmountAvailableunderATM
/ peb_CommonStockAxis
= peb_AtmprogramMember
         
Oct 30 common offering [Member]              
Common Stock Disclosures [Abstract]              
Stock Issued During Period, Shares, New Issues             3,450,000us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ peb_CommonStockAxis
= peb_Oct30commonofferingMember
Stock Issued During Period, Value, New Issues           39.77us-gaap_StockIssuedDuringPeriodValueNewIssues
/ peb_CommonStockAxis
= peb_Oct30commonofferingMember
 
Proceeds from Issuance of Common Stock           146,400,000us-gaap_ProceedsFromIssuanceOfCommonStock
/ peb_CommonStockAxis
= peb_Oct30commonofferingMember