Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2022

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, 2022
(in thousands)
			Initial Costs								Gross Amount at End of Year
Description	Encumbrances		Land		Building and Improvements		Furniture, Fixtures and Equipment		Cost Capitalized Subsequent to Acquisition (1)		Land		Building and Improvements		Furniture, Fixtures and Equipment		Total		Accumulated Depreciation		Net Book Value		Year of Original Construction	Date of Acquisition	Depreciation Life
Hotel Monaco Washington DC	$	—	$	—	$	60,630	$	2,441	$	23,027	$	—	$	78,736	$	7,362	$	86,098	$	32,622	$	53,476	1839	9/9/2010	3-40 years
Skamania Lodge	—		7,130		44,987		3,523		34,944		11,494		69,612		9,478		90,584		27,668		62,916		1993	11/3/2010	3-40 years
Le Meridien Delfina Santa Monica	—		18,784		81,580		2,295		15,180		18,784		95,308		3,747		117,839		34,056		83,783		1972	11/19/2010	3-40 years
Argonaut Hotel	—		—		79,492		4,247		2,688		—		84,010		2,417		86,427		28,101		58,326		1907	2/16/2011	3-40 years
The Westin San Diego Gaslamp Quarter	—		25,537		86,089		6,850		32,528		25,537		116,523		8,944		151,004		41,700		109,304		1987	4/6/2011	1-40 years
Hotel Monaco Seattle	—		10,105		38,888		2,073		7,514		10,105		45,764		2,711		58,580		16,970		41,610		1969	4/7/2011	3-40 years
Mondrian Los Angeles	—		20,306		110,283		6,091		24,533		20,306		129,252		11,655		161,213		47,505		113,708		1959	5/3/2011	3-40 years
W Boston	—		19,453		63,893		5,887		16,883		19,453		76,709		9,954		106,116		30,178		75,938		2009	6/8/2011	2-40 years
Hotel Zetta San Francisco	—		7,294		22,166		290		17,894		7,294		35,450		4,900		47,644		15,498		32,146		1913	4/4/2012	3-40 years
Hotel Vintage Seattle	—		8,170		23,557		706		8,986		8,170		29,941		3,308		41,419		12,577		28,842		1922	7/9/2012	3-40 years
W Los Angeles - West Beverly Hills	—		24,403		93,203		3,600		32,687		24,403		119,381		10,109		153,893		44,418		109,475		1969	8/23/2012	3-40 years
Hotel Zelos San Francisco	—		—		63,430		3,780		13,529		—		74,755		5,984		80,739		25,417		55,322		1907	10/25/2012	3-40 years
Embassy Suites San Diego Bay - Downtown	—		20,103		90,162		6,881		36,771		20,103		117,926		15,888		153,917		45,514		108,403		1988	1/29/2013	3-40 years
The Hotel Zags	—		8,215		37,874		1,500		7,931		8,215		43,708		3,597		55,520		13,965		41,555		1962	8/28/2013	3-40 years
Hotel Zephyr Fisherman's Wharf	—		—		116,445		3,550		41,347		—		153,733		7,609		161,342		50,420		110,922		1964	12/9/2013	3-40 years
Hotel Zeppelin San Francisco	—		12,561		43,665		1,094		37,500		12,561		76,157		6,102		94,820		29,240		65,580		1913	5/22/2014	1-45 years
The Nines, a Luxury Collection Hotel, Portland	—		18,493		92,339		8,757		14,337		18,493		99,258		16,175		133,926		36,118		97,808		1909	7/17/2014	3-40 years
Hotel Colonnade Coral Gables, Autograph Collection	—		12,108		46,317		1,271		19,875		12,122		59,954		7,495		79,571		21,620		57,951		1989	11/12/2014	2-40 years
Hotel Palomar Los Angeles Beverly Hills	—		—		90,675		1,500		15,021		—		100,652		6,544		107,196		27,713		79,483		1972	11/20/2014	3-40 years
Revere Hotel Boston Common	—		41,857		207,817		10,596		(39,966)		17,367		184,069		18,868		220,304		59,579		160,725		1972	12/18/2014	3-40 years
LaPlaya Beach Resort & Club	—		112,575		82,117		6,733		10,375		112,575		92,498		6,727		211,800		26,253		185,547		1968	5/21/2015	3-40 years

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2022
(in thousands)
		Initial Costs				Gross Amount at End of Year
Description	Encumbrances	Land	Building and Improvements	Furniture, Fixtures and Equipment	Cost Capitalized Subsequent to Acquisition (1)	Land	Building and Improvements	Furniture, Fixtures and Equipment	Total	Accumulated Depreciation	Net Book Value	Year of Original Construction	Date of Acquisition	Depreciation Life
Hotel Zoe Fisherman's Wharf	—	29,125	90,323	2,500	16,987	29,125	105,221	4,589	138,935	26,339	112,596	1990	6/11/2015	2-40 years
1 Hotel San Francisco	—	—	105,693	3,896	38,458	—	133,733	14,314	148,047	19,992	128,055	2005	11/30/2018	3-40 years
Chaminade Resort & Spa	—	22,590	37,114	6,009	17,151	22,590	51,531	8,743	82,864	12,524	70,340	1985	11/30/2018	3-40 years
Harbor Court Hotel San Francisco	—	—	79,009	6,190	1,800	—	80,072	6,927	86,999	12,204	74,795	1926/1991	11/30/2018	3-40 years
Viceroy Santa Monica Hotel	—	—	91,442	5,257	16,460	—	103,005	10,154	113,159	17,793	95,366	1967/2002	11/30/2018	3-40 years
Le Parc Suite Hotel	—	17,876	65,515	2,496	12,816	17,876	74,740	6,087	98,703	12,769	85,934	1970	11/30/2018	3-40 years
Montrose West Hollywood	—	16,842	58,729	6,499	2,616	16,842	59,981	7,863	84,686	10,558	74,128	1976	11/30/2018	3-40 years
Chamberlain West Hollywood Hotel	—	14,462	43,157	5,983	1,989	14,462	44,418	6,711	65,591	8,439	57,152	1970/2005	11/30/2018	3-40 years
Hotel Ziggy	—	12,440	36,932	3,951	6,797	12,440	41,991	5,689	60,120	8,621	51,499	1954	11/30/2018	3-40 years
The Westin Copley Place, Boston	—	—	291,754	35,780	9,287	—	298,049	38,772	336,821	52,437	284,384	1983	11/30/2018	3-40 years
The Liberty, a Luxury Collection Hotel, Boston	—	—	195,797	15,126	5,091	—	198,691	17,323	216,014	30,084	185,930	1851/2007	11/30/2018	3-40 years
Hyatt Regency Boston Harbor	—	—	122,344	6,862	8,527	—	130,261	7,472	137,733	19,874	117,859	1993	11/30/2018	3-40 years
George Hotel	—	15,373	65,529	4,489	744	15,373	65,927	4,835	86,135	11,315	74,820	1928	11/30/2018	3-40 years
Viceroy Washington DC	—	18,686	60,927	2,838	9,647	18,686	66,997	6,415	92,098	11,468	80,630	1962	11/30/2018	3-40 years
Hotel Zena Washington DC	—	19,035	60,402	2,066	28,568	19,035	85,209	5,827	110,071	12,701	97,370	1972	11/30/2018	3-40 years
Paradise Point Resort & Spa	—	—	199,304	22,032	13,161	85	207,158	27,254	234,497	36,789	197,708	1962	11/30/2018	3-40 years
Hilton San Diego Gaslamp Quarter	—	33,017	131,926	7,741	12,388	33,017	139,806	12,249	185,072	21,928	163,144	2000	11/30/2018	3-40 years
Solamar Hotel	—	—	74,768	8,830	37,713	23,472	82,569	15,270	121,311	16,016	105,295	2005	11/30/2018	3-40 years
L'Auberge Del Mar	—	33,304	92,297	5,393	14,212	33,316	102,867	9,023	145,206	15,347	129,859	1989	11/30/2018	3-40 years
San Diego Mission Bay Resort	—	—	80,733	9,458	27,278	30	99,872	17,567	117,469	22,938	94,531	1962	11/30/2018	3-40 years
The Heathman Hotel	—	14,243	38,694	7,062	(6,981)	11,706	33,846	7,437	52,989	8,535	44,454	1927	11/30/2018	3-40 years

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation
As of December 31, 2022
(in thousands)
			Initial Costs								Gross Amount at End of Year
Description	Encumbrances		Land		Building and Improvements		Furniture, Fixtures and Equipment		Cost Capitalized Subsequent to Acquisition (1)		Land		Building and Improvements		Furniture, Fixtures and Equipment		Total		Accumulated Depreciation		Net Book Value		Year of Original Construction	Date of Acquisition	Depreciation Life
Southernmost Beach Resort	—		90,396		253,954		8,676		22,093		90,420		269,301		15,398		375,119		37,221		337,898		1958-2008	11/30/2018	3-40 years
The Marker Key West Harbor Resort	—		25,463		66,903		2,486		1,325		25,463		66,976		3,738		96,177		10,536		85,641		2014	11/30/2018	3-40 years
Hotel Chicago Downtown, Autograph Collection	—		39,576		114,014		7,608		(16,394)		39,576		96,787		8,470		144,833		17,339		127,494		1998	11/30/2018	3-40 years
The Westin Michigan Avenue Chicago	—		44,983		103,160		23,744		10,858		44,983		112,573		25,189		182,745		26,384		156,361		1963/1972	11/30/2018	3-40 years
Jekyll Island Club Resort	—		—		88,912		5,031		7,455		—		92,518		8,880		101,398		8,161		93,237		1886/1986	7/22/2021	2-40 years
Margaritaville Hollywood Beach Resort(2)	161,500		—		244,230		22,288		4,629		—		247,204		23,943		271,147		14,077		257,070		2015	9/23/2021	3-40 years
Estancia La Jolla Hotel & Spa(3)	59,485		—		104,280		3,646		4,907		193		105,977		6,663		112,833		5,227		107,606		2004	12/1/2021	2-40 years
Inn on Fifth	—		50,503		95,826		7,989		997		50,503		96,537		8,275		155,315		2,638		152,677		1960	5/11/2022	3-40 years
Newport Harbor Island Resort	—		43,287		118,227		12,817		1,011		43,287		118,790		13,265		175,342		3,048		172,294		1969	6/23/2022	3-40 years
	$	220,985	$	908,295	$	4,787,504	$	348,408	$	685,174	$	909,462	$	5,296,003	$	523,916	$	6,729,381	$	1,180,434	$	5,548,947

______________________

(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 $1.6 million and $0.3 million, respectively, at December 31, 2022.

(3)     Encumbrance on Estancia La Jolla Hotel & Spa is presented at face value, which excludes unamortized deferred financing costs of $0.1 million at December 31, 2022.

Pebblebrook Hotel Trust
Schedule III--Real Estate and Accumulated Depreciation - Continued
As of December 31, 2022
(in thousands)
Reconciliation of Real Estate and Accumulated Depreciation:
Reconciliation of Real Estate:
Balance at December 31, 2019	$	6,732,637
Capital expenditures	115,850
Disposal of Assets	(314,186)
Other	(74,556)
Balance at December 31, 2020	$	6,459,745
Acquisitions	488,447
Capital expenditures	86,936
Disposal of Assets	(253,469)
Other	(14,856)
Balance at December 31, 2021	$	6,766,803
Acquisitions	331,249
Capital expenditures	105,626
Disposal of Assets	(359,083)
Other	(115,214)
Balance at December 31, 2022	$	6,729,381
Reconciliation of Accumulated Depreciation:
Balance at December 31, 2019	$	735,322
Depreciation	223,286
Disposal of Assets	(60,321)
Balance at December 31, 2020	$	898,287
Depreciation	223,225
Disposal of Assets	(55,103)
Balance at December 31, 2021	$	1,066,409
Depreciation	238,278
Disposal of Assets	(124,253)
Balance at December 31, 2022	$	1,180,434

The aggregate cost of properties for federal income tax purposes is approximately $6.4 billion as of December 31, 2022.