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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 9 Months Ended
Sep. 30, 2015
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES  
Schedule of estimated useful lives of hotel properties

 

                                                                                                                                                                                                             

Classification

 

Estimated Useful Lives

Buildings and improvements

 

25 to 40 years

Furniture, fixtures and equipment

 

2 to 15 years