Relationships with Managers and Franchisors (Tables)

12 Months Ended

Dec. 31, 2019

Relationships With Managers [Abstract]

Summary of Management Fees from Continuing Operations

The following is a summary of management fees for the years ended December 31, 2019, 2018 and 2017 (in thousands):

	Year Ended December 31,
	2019			2018			2017
Base management fees	$	21,712		$	20,467		$	22,265
Incentive management fees	5,705			5,805			6,259
Amortization of deferred income related to key money	(227		)	(2,398		)	(4,840		)
Amortization of unfavorable contract liabilities	(1,715		)	(1,715		)	(1,715		)
Total management fees, net	$	25,475		$	22,159		$	21,969

Schedule of franchise fees

The following is a summary of franchise fees for the years ended December 31, 2019, 2018 and 2017 (in thousands):

	Year Ended December 31,
	2019			2018			2017
Franchise fees	$	27,102		$	26,348		$	24,890
Amortization of deferred income related to key money (1)	(170		)	(170		)	(920		)
Total franchise fees, net	$	26,932		$	26,178		$	23,970

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(1) Relates to key money received for the Lexington Hotel New York.