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Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2017
ESH REIT  
Entity Information [Line Items]  
Schedule of Related Party Transaction Balances
Related party transaction balances as of March 31, 2017 and December 31, 2016, include the following (in thousands):
 
March 31,
2017
 
December 31,
2016
Leases:
 
 
 
Rents receivable(1)
$
19,733

 
$
2,609

Deferred rents receivable(2)
$
35,796

 
$
40,259

Unearned rental revenues(1)
$
(75,272
)
 
$
(39,898
)
 
 
 
 
Debt:
 
 
 
Loan payable (Unsecured Intercompany Facility)(3)
$
(50,000
)
 
$
(50,000
)
 
 
 
 
Working capital and other:
 
 
 
Ordinary working capital(4)
$
(10,068
)
 
$
(12,566
)
Equity awards receivable (payable)(5)
(69
)
 
958

     Total working capital and other(6)
$
(10,137
)
 
$
(11,608
)
______________________
(1)
Fixed minimum rents are due one-month in advance. Percentage rents are due one-month in arrears. Rents receivable relate to March 2017 and December 2016 percentage rent, respectively. Unearned rental revenues relate to April 2017 and January 2017 fixed minimum rent, respectively.
(2)
Represents rental revenues recognized in excess of cash rents received. Amount will decrease over lease terms to zero.
(3)
The Unsecured Intercompany Facility bears interest at 5.0% per annum. ESH REIT is able to increase its borrowings under the Unsecured Intercompany Facility to an amount up to $300 million, plus additional amounts, in each case subject to certain conditions (see Note 6).
(4)
Represents disbursements and/or receipts made by the Corporation or ESH REIT on the other entity's behalf. Includes overhead expenses incurred by the Corporation on ESH REIT's behalf.
(5)
Represents amounts related to restricted stock units not yet settled or issued.
(6)
Outstanding balances are typically repaid within 60 days.