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Property and Equipment
 12 Months Ended
Dec. 31, 2016
Entity Information [Line Items]  
Property and Equipment
PROPERTY AND EQUIPMENT
Net investment in property and equipment as of December 31, 2016 and 2015, consists of the following (in thousands):
 
December 31,
2016
 
December 31, 2015
Hotel properties:
 
 
 
Land and site improvements
$
1,303,752

 
$
1,296,918

Building and improvements
2,940,615

 
2,859,227

Furniture, fixtures and equipment
612,855

 
522,617

Total hotel properties
4,857,222

 
4,678,762

Corporate furniture, fixtures, equipment, software and other
20,076

 
22,833

Undeveloped land parcel
1,675

 
1,675

Total cost
4,878,973

 
4,703,270

Less accumulated depreciation:
 
 
 
Hotel properties
(962,400
)
 
(767,240
)
Corporate furniture, fixtures, equipment, software and other
(11,269
)
 
(14,689
)
Total accumulated depreciation
(973,669
)
 
(781,929
)
Property and equipment - net
$
3,905,304

 
$
3,921,341


During the years ended December 31, 2016, 2015 and 2014, the Company, using Level 3 unobservable inputs, assessed property and equipment for potential impairment. The Company recognized impairment charges of approximately $9.8 million, $9.0 million and $2.3 million, respectively, in the accompanying consolidated statements of operations. Quantitative information with respect to unobservable inputs consists of internally developed cash flow models that include the following assumptions, among others: projections of revenues, expenses and hotel related cash flows based on assumed long-term growth rates, demand trends, expected future capital expenditures, estimated discount rates that range from 6% to 10% and terminal capitalization rates that range from 7% to 11%. These assumptions are based on the Company’s historical data and experience, the Company’s budgets, industry projections and micro and macro general economic condition projections.
ESH REIT [Member]  
Entity Information [Line Items]  
Property and Equipment
PROPERTY AND EQUIPMENT
Net investment in property and equipment as of December 31, 2016 and 2015, consists of the following (in thousands):
 
December 31,
2016
 
December 31,
2015
Hotel properties:
 
 
 
Land and site improvements
$
1,304,503

 
$
1,297,696

Building and improvements
2,960,158

 
2,868,943

Furniture, fixtures and equipment
607,682

 
517,626

Total hotel properties
4,872,343

 
4,684,265

Undeveloped land parcel
1,675

 
1,675

Total cost
4,874,018

 
4,685,940

Less accumulated depreciation
(959,449
)
 
(765,034
)
Property and equipment - net
$
3,914,569

 
$
3,920,906


During the years ended December 31, 2016, 2015 and 2014, ESH REIT, using Level 3 unobservable inputs, assessed property and equipment for potential impairment. No impairment charges were recognized during the years ended December 31, 2016, 2015 or 2014. Quantitative information with respect to unobservable inputs consists of internally developed cash flow models that include the following assumptions, among others: projections of revenues, expenses and hotel related cash flows based on assumed long-term growth rates, demand trends, expected future capital expenditures and estimated discount rates. These assumptions are based on ESH REIT’s historical data and experience, budgets, industry projections and micro and macro general economic condition projections.