Investment in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Cash Received and Distributions

During the three and six months ended June 30, 2020 and 2019, the Company received cash distributions from the NewINK JV as follows (in thousands):

	For the three months ended				For the six months ended
	June 30,				June 30,
	2020		2019		2020		2019
Cash generated from other activities and excess cash	$	—	$	411	$	—	$	411
Total	$	—	$	411	$	—	$	411

Schedule Of Income From Joint Venture

The following table sets forth the combined components of net loss, including the Company’s share, related to all JVs for the three and six months ended June 30, 2020 and 2019 (in thousands):

	For the three months ended				For the six months ended
	June 30,				June 30,
	2020		2019		2020		2019
Revenue	$	37,897	$	134,457	$	128,767	$	246,576
Total hotel operating expenses	39,987		84,974		111,952		164,073
Hotel operating (loss) income	$	(2,090)	$	49,483	$	16,815	$	82,503
Impairment loss	$	561,494	$	—	$	575,375	$	—
Net (loss) income from continuing operations	$	(604,721)	$	565	$	(645,006)	$	(14,454)
Gain (loss) on sale of hotels	68		—		(14)		—
Net (loss) income	$	(604,653)	$	565	$	(645,020)	$	(14,454)
(Loss) income allocable to the Company	$	(1,905)	$	58	$	(5,977)	$	(1,464)
Basis difference adjustment	327		399		726		798
Total (loss) income from unconsolidated real estate entities attributable to the Company	$	(1,578)	$	457	$	(5,251)	$	(666)