Disposal	6 Months Ended
Jun. 30, 2020
Disposal Group
Disposal	4. Disposal The Company classified the Renaissance Harborplace as held for sale at June 30, 2020, and subsequently sold the hotel in July 2020 (see Note 13). The sale did not represent a strategic shift that had a major impact on the Company’s business plan or its primary markets; therefore, the hotel did not qualify as a discontinued operation. The Company classified the assets of the Renaissance Harborplace, which totaled $76.7 million and consisted of investment in hotel properties, net, as held for sale at June 30, 2020. During the second quarter of 2020, the Company wrote down the assets and recorded an impairment loss of $18.1 million (see Note 5).

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
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