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ASSETS HELD FOR SALE
3 Months Ended
Mar. 31, 2014
ASSETS HELD FOR SALE  
ASSETS HELD FOR SALE

NOTE 5 -                  ASSETS HELD FOR SALE

 

Assets held for sale and related debt include (in thousands):

 

 

 

March 31,

 

December 31,

 

 

 

2014

 

2013

 

 

 

 

 

 

 

Land

 

$

960

 

$

1,183

 

Hotel building and improvements

 

8,369

 

10,290

 

Furniture, fixtures and equipment

 

394

 

751

 

 

 

 

 

 

 

 

 

$

9,723

 

$

12,224

 

 

At March 31, 2014, assets held for sale include a land parcel in Spokane, WA, which is under contract to sell and the Hampton Inn in Fort Smith, AR.

 

At December 31, 2013, assets held for sale include the AmericInn Hotel & Suites and the Aspen Hotel & Suites in Fort Smith, AR which were sold on January 17, 2014, and a land parcel in Spokane, WA, which is under contract to sell and the Hampton Inn in Fort Smith, AR.