Chatham Lodging Trust (Chatham Lodging Trust) Intangible Assets : $0.0 Mil (As of Mar. 2024)

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What is Chatham Lodging Trust Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Chatham Lodging Trust's intangible assets for the quarter that ended in Mar. 2024 was $0.0 Mil.

Chatham Lodging Trust Intangible Assets Historical Data

The historical data trend for Chatham Lodging Trust's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chatham Lodging Trust Intangible Assets Chart

Chatham Lodging Trust Annual Data

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Intangible Assets

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Chatham Lodging Trust Quarterly Data
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Chatham Lodging Trust Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Chatham Lodging Trust (NYSE:CLDT) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

Chatham Lodging Trust Intangible Assets Related Terms

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Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chatham Lodging Trust (NYSE:CLDT) » Definitions » Intangible Assets

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Traded in Other Exchanges

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Address

222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401

Website

https://www.chathamlodgingtrust.com

Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.

Executives

Ethel Issacs Williams	director	222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven	officer: EVP & Chief Financial Officer	850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher	director, officer: Chairman, President and CEO	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen	director	10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter	director	THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith	director	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins	director	3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis	officer: EVP & Chief Investment Officer	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr	director	C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner	officer: Chief Financial Officer	8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust	officer: Chief Financial Officer	222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans	director	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger	director
Julio E Morales	officer: EVP, Chief Financial Officer	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker	director	433 PLAZA REAL STE 335, BOCA RATON FL 33432