Investment In Hotel Properties (Tables)

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Investment In Hotel Properties

Investment in hotel properties consists of the following at June 30, 2019 and December 31, 2018:

	June 30, 2019			December 31, 2018
Land	$	518,243		$	518,243
Buildings and Improvements	1,700,391			1,688,459
Furniture, Fixtures and Equipment	286,329			278,098
Construction in Progress	4,271			3,804
	2,509,234			2,488,604
Less Accumulated Depreciation	(509,584		)	(461,945		)
Total Investment in Hotel Properties *	$	1,999,650		$	2,026,659

* The net book value of investment in hotel property at Ritz Coconut Grove, which is a variable interest entity, is $45,868 and $44,875 at June 30, 2019 and December 31, 2018, respectively.