Hotel Dispositions (Tables)

12 Months Ended

Dec. 31, 2017

Entity Information [Line Items]

Summary of Total Revenues and Expenses

None of the above dispositions were reported as discontinued operations. The table below summarizes hotel dispositions for the years ended December 31, 2017, 2016 and 2015 (in thousands, except number of hotels and number of rooms):

Year (1)	Brand	Location	Month Sold	Number of Hotels	Number of Rooms	Net Proceeds		Gain (Loss) Recognized
2017	Extended Stay Canada	Canada	May	3	500	$43,551		$(1,894)	(2)
2017	Other	Massachusetts	May	1	103	$5,092		$(2)	(3)
2017	Extended Stay America	Colorado	December	1	160	$15,985	(4)	$11,870
2015	Crossland Economy Studios and Extended Stay America	Multiple	December	53	6,617	$276,336		$130,894

____________________

(1) No hotels were sold during the year ended December 31, 2016.

(2) Due to the fact that the Company’s Canadian subsidiaries liquidated substantially all of their assets, approximately $14.5 million of accumulated foreign currency translation loss was recognized at the time of sale. An impairment charge of approximately $12.4 million was recorded prior to sale.

(3) Net of impairment charge of approximately $1.7 million.

(4) Net sale proceeds held by qualified intermediary pursuant to pending 1031 exchanges.

During the years ended December 31, 2017, 2016 and 2015, the disposed hotel properties contributed total room revenue and other hotel revenues, total operating expenses and (loss) income before income tax expense as follows (in thousands):

	Year Ended December 31, 2017				Year Ended December 31, 2016			Year Ended December 31, 2015
Total room and other hotel revenues	$	5,295			$	14,925		$	83,546
Total operating expenses	16,950				14,117			57,509
(Loss) income before income tax expense	(11,342		)	(1)	1,142		(2)	17,979		(3)

_____________________

(1) Includes impairment charge of approximately $12.4 million.

(2) Includes impairment charge of approximately $1.7 million.

(3) Includes interest expense related to ESH REIT's previous mortgage loan repaid in conjunction with the Portfolio Sale.

ESH REIT [Member]

Entity Information [Line Items]

Summary of Total Revenues and Expenses

None of the above dispositions were reported as discontinued operations. The table below summarizes hotel dispositions for the years ended December 31, 2017, 2016 and 2015 (in thousands, except number of hotels and number of rooms):

Year (1)	Brand	Location	Month Sold	Number of Hotels	Number of Rooms	Net Proceeds		Gain (Loss) Recognized
2017	Extended Stay Canada	Canada	May	3	500	$43,551		$(1,507)	(2)
2017	Other	Massachusetts	May	1	103	$5,092		$(1,767)
2017	Extended Stay America	Colorado	December	1	160	$15,985	(3)	$11,836
2015	Crossland Economy Studios and Extended Stay America	Multiple	December	53	6,617	$265,002		$116,616

_________________________________

(1) No hotels were sold during the year ended December 31, 2016.

(2) Due to the fact that ESH REIT’s Canadian subsidiary liquidated substantially all of its assets, approximately $12.5 million of accumulated foreign currency translation loss was recognized at the time of sale. An impairment charge of approximately $15.0 million was recorded prior to sale.

(3) Net sale proceeds held by qualified intermediary pursuant to pending 1031 exchanges.

During the years ended December 31, 2017, 2016 and 2015, these disposed hotel properties contributed rental revenues, total operating expenses and (loss) income before income tax expense as follows (in thousands):

	Year Ended December 31, 2017				Year Ended December 31, 2016		Year Ended December 31, 2015
Rental revenues from Extended Stay America, Inc.	$	2,657			$	7,780	$	50,236
Total operating expenses	15,916				2,884		15,376
(Loss) income before income tax expense	(12,946		)	(1)	5,229		26,802		(2)

_________________________________

(1) Includes impairment charge of approximately $15.0 million.

(2) Includes interest expense related to ESH REIT's previous mortgage loan repaid in conjunction with the sale.