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Related Party Transactions and Arrangements (Tables)
6 Months Ended
Jun. 30, 2016
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table details revenues from related parties at the Viceroy Hotel. The Company did not have any receivables from related parties as of June 30, 2016 or December 31, 2015.
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands)
 
2016
 
2015
 
2016
 
2015
Hotel revenues
 
$
16

 
$
12

 
$
29

 
$
45

Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services
The following table details amounts incurred, waived and contractually owed to related parties in connection with the operations related services to related parties described above as of and for the periods presented:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
Payable (Receivable) as of
 
 
2016
 
2015
 
2016
 
2015
 
June 30,
 
December 31,
(In thousands)
 
Incurred
 
Waived
 
Incurred
 
Waived
 
Incurred
 
Waived
 
Incurred
 
Waived
 
2016
 
2015
Ongoing fees:
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
Asset management fees
 
$
3,050

 
$

 
$
3,101

 
$

 
$
6,124

 
$

 
$
6,245

 
$

 
$

 
$
(7
)
Transfer agent and other professional fees
 
658

 

 
270

 

 
1,350

 

 
454

 

 
87

 
99

Property management fees
 

 
508

 

 
683

 

 
994

 

 
1,219

 

 

Total related party operational fees and reimbursements
 
$
3,708

 
$
508

 
$
3,371

 
$
683

 
$
7,474

 
$
994

 
$
6,699

 
$
1,219

 
$
87

 
$
92