Sale of Hotel Properties (Tables)

6 Months Ended

Jun. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Sale of Hotel Properties

During the six months ended June 30, 2019, the Company sold three hotels as summarized below.

Hotel	Date of Sale		Proceeds		Gain (Loss)			Mortgage Payable Repaid
Homewood Suites—Laredo, Texas		January 2019	$	9,765	$	26		$	8,159
Residence Inn—Laredo, Texas		February 2019		9,302		72			7,149
Courtyard—Dothan, Alabama		February 2019		6,097		(536	)		7,016
Properties sold in 2018				83		83			—
Total			$	25,247	$	(355	)	$	22,324

During the six months ended June 30, 2018, the Company sold two hotels as summarized below.

Hotel	Date of Sale	Proceeds		Gain		Mortgage Payable Repaid
Residence Inn—Huntsville, Alabama	January 2018	$	7,587	$	—	$	7,587
Marriott—Redmond, Washington	February 2018		67,753		—		68,917
Total		$	75,340	$	—	$	76,504