Indirect Hotel Operating Expenses (Tables)

3 Months Ended

Mar. 31, 2017

Other Income And Expenses [Abstract]

Summary of Indirect Hotel Operating Expenses

Indirect hotel operating expenses consists of the following expenses incurred by the hotels:

	Three Months Ended		Three Months Ended
	March 31, 2017		March 31, 2016
	(unaudited)		(unaudited)
General and administrative	$	2,926,133	$	2,723,427
Sales and marketing		3,686,055		3,511,030
Repairs and maintenance		1,711,035		1,854,619
Utilities		1,374,897		1,528,962
Franchise fees		1,038,189		1,087,921
Management fees, including incentive		999,362		946,083
Property taxes		1,413,395		1,293,355
Insurance		606,435		694,202
Information and telecommunications		433,564		419,116
Other		16,166		76,880
Total indirect hotel operating expenses	$	14,205,231	$	14,135,595