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ASSETS HELD FOR SALE
9 Months Ended
Sep. 30, 2013
ASSETS HELD FOR SALE  
ASSETS HELD FOR SALE

NOTE 5 -      ASSETS HELD FOR SALE

 

Assets held for sale include (in thousands):

 

 

 

September 30,

 

December 31,

 

 

 

2013

 

2012

 

 

 

 

 

 

 

Land

 

$

10,904

 

$

3,092

 

Hotel buildings and improvements

 

20,939

 

1,474

 

Furniture, fixtures and equipment

 

1,620

 

270

 

 

 

 

 

 

 

 

 

$

33,463

 

$

4,836

 

 

At September 30, 2013, assets held for sale included the Hampton Inn, Fairfield Inn & Suites, and a land parcel in Boise, ID; the Hampton Inn, AmericInn, and Aspen Hotel & Suites in Fort Smith, AR; the SpringHill Suites in Little Rock, AR; the Fairfield Inn and Holiday Inn Express in Emporia, KS; the Fairfield Inn and AmericInn in Salina, KS; and land parcels in Houston, TX, Spokane, WA and El Paso, TX. All of these properties are under contract to sell.

 

At December 31, 2012, assets held for sale included the AmericInn & Suites in Golden, CO, which was sold on January 15, 2013; a land parcel in Jacksonville, FL, which was sold on February 27, 2013; and a land parcel in Missoula, MT, which was sold on August 21, 2013.