Commitments and Contingencies

9 Months Ended

Sep. 30, 2018

Commitments And Contingencies Disclosure [Abstract]

11. Commitments and Contingencies

As of September 30, 2018 and December 31, 2017, the Company was not subject to any material litigation nor is the Company aware of any material litigation threatened against it.

Three of the Company's investments in real estate include ground lease obligations with varying maturity dates through 2104. The Company recognizes ground rent expense on a straight-line basis as a component of Rental Property Operating or Hotel Operating expense on the Company's condensed consolidated statement of operations. The following table details the Company's ground lease payment obligations subsequent to September 30, 2018 ($ in thousands):

Year	Future Commitments
2018 (remaining)	$	350
2019		1,410
2020		1,445
2021		1,481
2022		1,518
Thereafter		460,905
Total	$	467,109