SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)

12 Months Ended

Dec. 31, 2017

Balance Sheet Related Disclosures [Abstract]

Schedule of Investment in Real Estate Loans

Investment in real estate loans, net at December 31, 2017 and 2016 includes (in thousands):

	2017		2016
Real estate loans (net of discount of $5.8 million at December 31, 2017)	$	12,356	$	10,085
HIT Loan (net of deferred gain of $15.0 million at December 31, 2016)	—		7,500
	$	12,356	$	17,585

Schedule of restricted cash

Restricted cash at December 31, 2017 and 2016 was as follows (in thousands):

	2017		2016
FF&E reserves	$	25,812	$	22,000
Property taxes	2,726		2,220
Other	924		661
	$	29,462	$	24,881

Schedule of prepaid expenses and other

Prepaid expenses and other at December 31, 2017 and 2016 included the following (in thousands): 

	2017		2016
Prepaid insurance	$	3,020	$	2,218
Other	6,434		4,256
	$	9,454	$	6,474

Schedule of deferred charges

Deferred charges at December 31, 2017 and 2016 were as follows (in thousands): 

	2017			2016
Initial franchise fees	$	6,894		$	5,101
Less - accumulated amortization	(1,673		)	(1,374		)
	$	5,221		$	3,727

Schedule of other assets

Other assets at December 31, 2017 and 2016 included the following (in thousands):

	2017		2016
Purchase options related to real estate loans	$	6,078	$	—
Prepaid land lease	3,228		3,275
Deferred tax asset, net	1,616		2,503
Derivative financial instruments	1,509		—
	$	12,431	$	5,778

Schedule of accrued expenses

Accrued expenses and other at December 31, 2017 and 2016 included the following (in thousands):

	2017		2016
Accrued property, sales and income taxes	$	16,664	$	11,171
Accrued salaries and benefits	8,556		10,802
Other accrued expenses at hotels	15,509		12,356
Acquired unfavorable leases	4,717		4,812
Accrued interest	1,958		1,655
Derivative financial instruments	190		1,118
Other	8,894		6,084
	$	56,488	$	47,998