Mortgages Payable (Tables)

6 Months Ended

Jun. 30, 2019

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

Schedule of Mortgages Payable

Mortgages payable as of June 30, 2019 and December 31, 2018 consisted of the following:

	June 30, 2019			December 31, 2018
Mortgages payable before unamortized deferred financing costs	$	695,132		$	695,387
Unamortized deferred financing costs		(284	)		(2,505	)
Mortgages payable related to assets held and used	$	694,848		$	692,882
Mortgages payable related to assets of hotels held for sale		—			22,324
Total mortgages payable	$	694,848		$	715,206

Schedule of Interest Expense

Components of interest expense for the three and six months ended June 30, 2019 and 2018 were as follows:

	For the three months ended June 30,						For the six months ended June 30,
	2019			2018			2019			2018
Mortgage debt	$	8,102		$	7,644		$	16,377		$	15,146
Amortization of deferred financing costs		1,110			1,197			2,221			3,156
Capitalized interest		(18	)		(20	)		(70	)		(57	)
Total interest expense, net	$	9,194		$	8,821		$	18,528		$	18,245

Schedule of Future Principal Payments of Debt Obligations

 Future scheduled principal payments of debt obligations as of June 30, 2019 are as follows:

2019 (remaining months)	$	680,001
2020		533
2021		562
2022		14,036
2023		—
2024		—
Thereafter		—
Total	$	695,132