Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies

Schedule of basic and incentive management fees

Total basic and incentive management fees incurred by the Company during the three months ended March 31, 2020 and 2019 were included in other property-level expenses on the Company’s consolidated statements of operations as follows (unaudited and in thousands):

	Three Months Ended March 31,
	2020		2019
Basic management fees	$	5,391	$	7,151
Incentive management fees		—		3,152
Total basic and incentive management fees	$	5,391	$	10,303

Schedule of license and franchise costs

Total license and franchise fees incurred by the Company during the three months ended March 31, 2020 and 2019 were included in franchise costs on the Company’s consolidated statements of operations as follows (unaudited and in thousands):

	Three Months Ended March 31,
	2020		2019
Franchise assessments (1)	$	4,418	$	5,295
Franchise royalties		918		1,544
Total franchise costs	$	5,336	$	6,839

(1) Includes advertising, reservation and frequent guest program assessments.

Schedule of hotel geographic concentration of risk

As of March 31, 2020, 15 of the 20 Hotels were geographically concentrated as follows (unaudited):

				Trailing 12-Month
		Percentage of		Total
	Number of Hotels	Total Rooms		Consolidated Revenue
California	5	30	%	32	%
Florida	2	9	%	9	%
Greater Washington DC area	2	13	%	11	%
Hawaii	1	5	%	12	%
Illinois	3	11	%	7	%
Massachusetts	2	14	%	15	%