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Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III, Real Estate and Accumulated Depreciation
Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2021
(in thousands)
Initial CostsGross Amount at End of Year
DescriptionEncumbrancesLandBuilding and ImprovementsFurniture, Fixtures and Equipment
Cost Capitalized Subsequent to Acquisition (1)
LandBuilding and ImprovementsFurniture, Fixtures and EquipmentTotalAccumulated DepreciationNet Book ValueYear of Original ConstructionDate of AcquisitionDepreciation Life
Hotel Monaco Washington DC$— $— $60,630 $2,441 $22,193 $— $77,178 $8,086 $85,264 $30,084 $55,180 18399/9/2010
3-40 years
Skamania Lodge— 7,130 44,987 3,523 28,117 11,058 62,757 9,942 83,757 24,592 59,165 199311/3/2010
3-40 years
Le Meridien Delfina Santa Monica— 18,784 81,580 2,295 19,253 18,784 92,782 10,346 121,912 37,563 84,349 197211/19/2010
3-40 years
Sofitel Philadelphia at Rittenhouse Square— 18,000 64,256 4,639 21,432 18,000 76,777 13,550 108,327 32,618 75,709 200012/3/2010
3-40 years
Argonaut Hotel— — 79,492 4,247 8,958 — 83,861 8,836 92,697 32,054 60,643 19072/16/2011
3-40 years
The Westin San Diego Gaslamp Quarter— 25,537 86,089 6,850 39,487 25,537 116,189 16,237 157,963 44,374 113,589 19874/6/2011
1-40 years
Hotel Monaco Seattle— 10,105 38,888 2,073 12,437 10,105 45,713 7,685 63,503 20,471 43,032 19694/7/2011
3-40 years
Mondrian Los Angeles— 20,306 110,283 6,091 32,922 20,306 128,022 21,274 169,602 51,015 118,587 19595/3/2011
3-40 years
W Boston— 19,453 63,893 5,887 17,225 19,453 76,499 10,506 106,458 27,998 78,460 20096/8/2011
2-40 years
Hotel Zetta San Francisco— 7,294 22,166 290 17,692 7,294 35,390 4,758 47,442 14,236 33,206 19134/4/2012
3-40 years
Hotel Vintage Seattle— 8,170 23,557 706 8,974 8,170 29,875 3,362 41,407 11,487 29,920 19227/9/2012
3-40 years
Hotel Vintage Portland— 6,222 23,012 1,093 16,328 6,222 35,050 5,383 46,655 15,305 31,350 18947/9/2012
3-40 years
W Los Angeles - West Beverly Hills— 24,403 93,203 3,600 31,990 24,403 119,015 9,778 153,196 39,777 113,419 19698/23/2012
3-40 years
Hotel Zelos San Francisco— — 63,430 3,780 13,346 — 74,705 5,851 80,556 22,532 58,024 190710/25/2012
3-40 years
Embassy Suites San Diego Bay - Downtown— 20,103 90,162 6,881 36,346 20,103 117,542 15,847 153,492 40,036 113,456 19881/29/2013
3-40 years
The Hotel Zags— 8,215 37,874 1,500 7,696 8,215 43,609 3,461 55,285 12,248 43,037 19628/28/2013
3-40 years
Hotel Zephyr Fisherman's Wharf— — 116,445 3,550 41,186 — 153,626 7,555 161,181 44,737 116,444 196412/9/2013
3-40 years
Hotel Zeppelin San Francisco— 12,561 43,665 1,094 36,945 12,561 75,653 6,051 94,265 25,281 68,984 19135/22/2014
1-45 years
The Nines, a Luxury Collection Hotel, Portland— 18,493 92,339 8,757 12,898 18,493 98,967 15,027 132,487 32,493 99,994 19097/17/2014
3-40 years
Hotel Colonnade Coral Gables, Autograph Collection— 12,108 46,317 1,271 19,043 12,108 59,389 7,242 78,739 18,572 60,167 198911/12/2014
2-40 years
Hotel Palomar Los Angeles Beverly Hills— — 90,675 1,500 14,627 — 100,465 6,337 106,802 24,113 82,689 197211/20/2014
3-40 years
Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2021
(in thousands)
Initial CostsGross Amount at End of Year
DescriptionEncumbrancesLandBuilding and ImprovementsFurniture, Fixtures and Equipment
Cost Capitalized Subsequent to Acquisition (1)
LandBuilding and ImprovementsFurniture, Fixtures and EquipmentTotalAccumulated DepreciationNet Book ValueYear of Original ConstructionDate of AcquisitionDepreciation Life
Revere Hotel Boston Common— 41,857 207,817 10,596 (42,702)17,367 181,990 18,211 217,568 52,464 165,104 197212/18/2014
3-40 years
LaPlaya Beach Resort & Club— 112,575 82,117 6,733 37,601 112,575 116,386 10,065 239,026 29,961 209,065 19685/21/2015
3-40 years
Hotel Zoe Fisherman's Wharf— 29,125 90,323 2,500 16,757 29,125 105,128 4,452 138,705 22,443 116,262 19906/11/2015
2-40 years
Hotel Vitale— — 105,693 3,896 22,215 — 117,578 14,226 131,804 13,178 118,626 200511/30/2018
3-40 years
The Marker San Francisco— 45,243 68,244 5,453 2,579 45,243 69,799 6,477 121,519 11,222 110,297 1910/199511/30/2018
3-40 years
Hotel Spero— 39,363 64,804 11,235 760 39,363 65,154 11,645 116,162 10,164 105,998 1928/199911/30/2018
3-40 years
Chaminade Resort & Spa— 22,590 37,114 6,009 14,890 22,590 49,484 8,529 80,603 8,898 71,705 198511/30/2018
3-40 years
Harbor Court Hotel San Francisco— — 79,009 6,190 1,634 — 79,843 6,990 86,833 9,126 77,707 1926/199111/30/2018
3-40 years
Viceroy Santa Monica Hotel— — 91,442 5,257 11,000 — 99,912 7,787 107,699 12,971 94,728 1967/200211/30/2018
3-40 years
Le Parc Suite Hotel— 17,876 65,515 2,496 12,525 17,876 74,626 5,910 98,412 9,834 88,578 197011/30/2018
3-40 years
Montrose West Hollywood— 16,842 58,729 6,499 2,329 16,842 59,623 7,934 84,399 7,821 76,578 197611/30/2018
3-40 years
Chamberlain West Hollywood Hotel— 14,462 43,157 5,983 1,847 14,462 44,372 6,615 65,449 6,294 59,155 1970/200511/30/2018
3-40 years
Grafton on Sunset— 12,440 36,932 3,951 4,040 12,440 39,095 5,828 57,363 6,121 51,242 195411/30/2018
3-40 years
The Westin Copley Place, Boston— — 291,754 35,780 6,494 — 296,555 37,473 334,028 39,291 294,737 198311/30/2018
3-40 years
The Liberty, A Luxury Collection Hotel, Boston— — 195,797 15,126 3,937 — 198,148 16,712 214,860 22,534 192,326 1851/200711/30/2018
3-40 years
Hyatt Regency Boston Harbor— — 122,344 6,862 8,176 — 130,027 7,355 137,382 14,807 122,575 199311/30/2018
3-40 years
George Hotel— 15,373 65,529 4,489 427 15,373 65,805 4,640 85,818 8,593 77,225 192811/30/2018
3-40 years
Viceroy Washington DC— 18,686 60,927 2,838 9,064 18,686 66,819 6,010 91,515 8,284 83,231 196211/30/2018
3-40 years
Hotel Zena Washington DC— 19,035 60,402 2,066 27,972 19,035 84,559 5,881 109,475 8,304 101,171 197211/30/2018
3-40 years
Paradise Point Resort & Spa— — 199,304 22,032 10,843 21 205,749 26,409 232,179 27,274 204,905 196211/30/2018
3-40 years
Hilton San Diego Gaslamp Quarter— 33,017 131,926 7,741 2,027 33,017 133,368 8,326 174,711 16,434 158,277 200011/30/2018
3-40 years
Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2021
(in thousands)
Initial CostsGross Amount at End of Year
DescriptionEncumbrancesLandBuilding and ImprovementsFurniture, Fixtures and Equipment
Cost Capitalized Subsequent to Acquisition (1)
LandBuilding and ImprovementsFurniture, Fixtures and EquipmentTotalAccumulated DepreciationNet Book ValueYear of Original ConstructionDate of AcquisitionDepreciation Life
Solamar Hotel— — 74,768 8,830 25,656 23,472 75,642 10,140 109,254 11,631 97,623 200511/30/2018
3-40 years
L'Auberge Del Mar— 33,304 92,297 5,393 13,198 33,316 102,110 8,766 144,192 10,876 133,316 198911/30/2018
3-40 years
San Diego Mission Bay Resort— — 80,733 9,458 26,754 30 99,627 17,288 116,945 16,729 100,216 196211/30/2018
3-40 years
The Heathman Hotel— 14,243 38,694 7,062 1,341 14,243 39,672 7,425 61,340 6,419 54,921 192711/30/2018
3-40 years
Southernmost Beach Resort— 90,396 253,954 8,676 21,067 90,420 269,376 14,297 374,093 26,873 347,220 1958-200811/30/2018
3-40 years
The Marker Resort Key West Harbor Resort— 25,463 66,903 2,486 3,762 25,463 69,430 3,721 98,614 7,870 90,744 201411/30/2018
3-40 years
Hotel Chicago Downtown, Autograph Collection— 39,576 114,014 7,608 (17,007)39,576 96,300 8,315 144,191 13,128 131,063 199811/30/2018
3-40 years
The Westin Michigan Avenue Chicago— 44,983 103,160 23,744 10,446 44,983 112,155 25,195 182,333 19,510 162,823 1963/197211/30/2018
3-40 years
Jekyll Island Club Resort— — 88,912 5,031 872 — 89,091 5,724 94,815 2,383 92,432 19867/22/2021
2-40 years
Margaritaville Hollywood Beach Resort(2)
161,500 — 244,230 22,288 82 — 244,230 22,370 266,600 2,993 263,607 20159/23/2021
3-40 years
Estancia La Jolla Hotel & Spa(3)
61,373 — 104,280 3,646 — — 104,280 3,646 107,926 393 107,533 200412/1/2021
2-40 years
$222,873 $923,333 $4,793,767 $350,022 $699,681 $926,330 $5,288,997 $551,476 $6,766,803 $1,066,409 $5,700,394 
______________________
(1)     Disposals are reflected as reductions to cost capitalized subsequent to acquisition
(2)     Encumbrance on Margaritaville Hollywood Beach Resort is presented at face value, which excludes an unamortized loan discount and deferred financing costs of $2.7 million and $0.4 million, respectively, at December 31, 2021.
(3)     Encumbrance on Estancia La Jolla Hotel & Spa is presented at face value, which excludes unamortized deferred financing costs of $0.3 million at December 31, 2021.
Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation - Continued
As of December 31, 2021
(in thousands)
Reconciliation of Real Estate and Accumulated Depreciation:
Reconciliation of Real Estate:
Balance at December 31, 2018$7,077,623 
          Acquisitions23,472 
          Capital expenditures159,574 
          Disposal of Assets(503,383)
          Other(24,649)
Balance at December 31, 2019$6,732,637 
          Capital expenditures115,850 
          Disposal of Assets(314,186)
          Other(74,556)
Balance at December 31, 2020$6,459,745 
          Acquisitions488,447 
          Capital expenditures86,936 
          Disposal of Assets(253,469)
          Other(14,856)
Balance at December 31, 2021$6,766,803 
Reconciliation of Accumulated Depreciation:
Balance at December 31, 2018$543,430 
          Depreciation226,953 
          Disposal of Assets(35,061)
Balance at December 31, 2019$735,322 
          Depreciation223,286 
          Disposal of Assets(60,321)
Balance at December 31, 2020$898,287 
          Depreciation223,225 
          Disposal of Assets(55,103)
Balance at December 31, 2021$1,066,409 

The aggregate cost of properties for federal income tax purposes is approximately $6.4 billion as of December 31, 2021.