SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

Balance Sheet Related Disclosures [Abstract]

Schedule of Restricted Cash

Restricted cash was as follows (in thousands):

 

	December 31,
	2023		2022
FF&E reserves	$	9,583	$	10,223
Property taxes	343		316
Other	5		14
	$	9,931	$	10,553

Schedule of Prepaid Expenses and Other

Prepaid expenses and other included the following (in thousands): 

	December 31,
	2023		2022
Deferred acquisition costs	$	199	$	334
Prepaid insurance	1,945		1,708
Prepaid taxes	1,478		1,639
Other	5,243		4,697
	$	8,865	$	8,378

Schedule of Deferred Charges

Deferred charges were as follows (in thousands): 

	December 31,
	2023		2022
Franchise fees	$	10,106	$	10,079
Less - accumulated amortization	(3,447)		(3,005)
	$	6,659	$	7,074

Schedule of Other Assets

Other assets included the following (in thousands):

	December 31,
	2023		2022
Derivative financial instrument	$	13,958	$	16,841
Purchase options related to real estate loan	931		—
Deferred tax asset, net	20		108
Other	645		1,001
	$	15,554	$	17,950

Schedule of Accrued Expenses

Accrued expenses and other included the following (in thousands):

 

	December 31,
	2023		2022
Accrued property, sales and income taxes	$	26,590	$	28,972
Accrued salaries and benefits	13,307		13,029
Other accrued expenses at lodging properties	26,745		25,282
Accrued interest	6,136		4,158
Other	8,437		9,863
	$	81,215	$	81,304