Investment in Unconsolidated Entities (Tables)

9 Months Ended

Sep. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Cash Received and Distributions

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

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2020		2019		2020		2019
Cash generated from other activities and excess cash	$	—	$	—	$	—	$	411
Total	$	—	$	—	$	—	$	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 nine months ended September 30, 2020 and 2019 (in thousands):

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2020		2019		2020		2019
Revenue	$	63,509	$	135,727	$	192,276	$	382,303
Total hotel operating expenses	53,636		85,270		165,588		249,342
Hotel operating income	$	9,873	$	50,457	$	26,688	$	132,961
Impairment loss	$	2,842	$	32,773	$	578,217	$	32,773
Loss from continuing operations	$	(26,637)	$	(31,300)	$	(671,644)	$	(45,754)
Loss on sale of hotels	(6)		—		(20)		—
Net loss	$	(26,643)	$	(31,300)	$	(671,664)	$	(45,754)
Loss allocable to the Company	$	(982)	$	(3,183)	$	(6,960)	$	(4,647)
Basis difference adjustment	135		399		861		1,197
Total loss from unconsolidated real estate entities attributable to the Company	$	(847)	$	(2,784)	$	(6,099)	$	(3,450)