Related Party Arrangements (Tables)

3 Months Ended

Mar. 31, 2015

The following is a summary of the related party fees and costs we incurred with BHT Advisors and HPT Management during the three months ended March 31, 2015 and 2014 (in thousands):



	Three Months Ended
	March 31, 2015		March 31, 2014
BHT Advisors, acquisition fees	$	100	$	207
BHT Advisors, cost of services provided	650		640
HPT Management, property and construction management fees	2,870		2,794
HPT Management, reimbursement of costs and expenses	4,256		4,497
Total	$	7,876	$	8,138

Expensed	$	7,316	$	7,643
Capitalized to real estate under development	—		207
Capitalized to buildings and improvements, net	560		288
Total	$	7,876	$	8,138