XML 52 R41.htm IDEA: XBRL DOCUMENT v3.21.2
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Summary of Unconsolidated Joint Ventures Income Statement) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement of Operations        
Other Revenue $ 44 $ 25 $ 69 $ 253
Operating Expenses (3,301) (1,319)    
Lease Expense (1,309) (1,236) (3,883) (3,754)
Property Taxes and Insurance (8,963) (10,597) (28,500) (30,508)
General and Administrative (4,968) (4,397) (15,199) (14,418)
Depreciation and Amortization (20,484) (24,055) (63,300) (72,565)
Interest Expense (14,589) (13,350) (43,000) (39,838)
Net Loss (15,932) (48,173) (30,365) (145,925)
Room        
Statement of Operations        
Hotel Operating Revenues: 68,302 27,546 164,191 113,768
Operating Expenses (14,706) (7,436) (36,254) (30,150)
Equity Method Investment, Nonconsolidated Investee or Group of Investees        
Statement of Operations        
Other Revenue 245 122 487 909
Operating Expenses (2,436) (3,621) (5,544) (15,234)
Lease Expense (220) (170) (736) (524)
Property Taxes and Insurance (503) (3,282) (2,451) (9,720)
General and Administrative (124) (567) (277) (2,083)
Depreciation and Amortization (1,199) (3,972) (4,811) (11,812)
Interest Expense (653) (5,487) (3,988) (17,356)
Loss on Dissolution of Joint Venture 0 0 (112,429) 0
Net Loss (1,052) (12,942) (121,768) (34,854)
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Room        
Statement of Operations        
Hotel Operating Revenues: $ 3,838 $ 4,035 $ 7,981 $ 20,966