Related Party Transactions - REIT (Tables) - ESH Hospitality, Inc.

12 Months Ended

Dec. 31, 2019

Entity Information [Line Items]

Schedule of Related Party Transaction Balances

ESH REIT's fixed and variable rental revenues for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands):

	Years Ending December 31,
	2019		2018		2017
Fixed rental revenues	$	472,523	$	450,277	$	461,162
Variable rental revenues (1)	177,375		217,151		222,338

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(1)Regardless of whether cash rental payments are received, ESH REIT only recognizes revenue when a lessee's revenue exceeds specific thresholds stated in the lease.

Related party transaction balances as of December 31, 2019 and 2018, include the following (in thousands):

	December 31, 2019		December 31, 2018
Leases:
Rents receivable(1)	$	1,572	$	4,098
Deferred rents receivable(2)	$	28,917	$	8,637
Unearned rental revenues(1)	$	(38,770)	$	(37,506)
Working capital and other:
Ordinary working capital(3)	$	(12,160)	$	(12,581)
Equity awards receivable(4)	322		404
Total working capital and other, net(5)	$	(11,838)	$	(12,177)

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(1)Rents receivable relate to percentage rents. As of December 31, 2019 and 2018, unearned rental revenues relate to January 2020 and 2019 fixed minimum rent, respectively.

(2)Revenues recognized in excess of cash rents received.

(3)Disbursements and/or receipts made by the Corporation or ESH REIT on the other entity’s behalf and amounts payable/receivable for certain transactions between the Corporation and ESH REIT. Includes overhead costs incurred by the Corporation on ESH REIT’s behalf.

(4)Amounts related to restricted stock units not yet settled or issued.

(5)Outstanding balances are typically repaid within 30 days.

Schedule of Future Fixed Rental Payments

Future fixed rental payments to be received under current remaining noncancelable lease terms are as follows (in thousands):

Years Ending December 31,
2020	$	466,586
2021	478,567
2022	490,566
2023	418,795
2024	—
Total	$	1,854,514