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ASSETS HELD FOR SALE
 6 Months Ended
Jun. 30, 2013
ASSETS HELD FOR SALE  
ASSETS HELD FOR SALE

 

 

NOTE 5 -      ASSETS HELD FOR SALE

 

Assets held for sale include (in thousands):

 

 

 

June 30,

 

December 31,

 

 

 

2013

 

2012

 

 

 

 

 

 

 

Land

 

$

5,972

 

$

3,092

 

Hotel buildings and improvements

 

5,975

 

1,474

 

Furniture, fixtures and equipment

 

392

 

270

 

 

 

 

 

 

 

 

 

$

12,339

 

$

4,836

 

 

At June 30, 2013, assets held for sale included the Hampton Inn, Fairfield Inn & Suites, and a land parcel in Boise, ID; the SpringHill Suites in Lithia Springs, GA; and land parcels in Missoula, MT and Houston, TX. All of these properties are under contract to sell.

 

At December 31, 2012, assets held for sale included the Missoula land parcel; the AmericInn & Suites in Golden, CO, which was sold on January 15, 2013; and a land parcel in Jacksonville, FL, which was sold on February 27, 2013.