Related party transactions (Tables)

6 Months Ended

Jun. 30, 2018

The following summarizes transactions and arrangements that we have entered into with related parties. The details of the balances between us and related parties as of June 30, 2018 and December 31, 2017 are as follows ($ in thousands):



	As of June 30,		As of December 31,
	2018		2017
Accounts receivable	$	3,090	$	1,495
Accounts and other payables	$	3,750	$	2,966

Transactions between us and related parties during the three and six months ended June 30, 2018 and 2017 were as follows ($ in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Hyatt franchise fees ⁽¹⁾	$	4,594	$	3,409	$	9,045	$	7,774
Lease payments ⁽²⁾	255		269		472		578
Dividends on the Preferred Shares ⁽³⁾	—		—		—		7,922
Deferred consideration accretion ⁽⁴⁾	—		—		—		36
Interest expense on related party debt ⁽⁴⁾	—		—		—		372
Total transactions with related parties	$	4,849	$	3,678	$	9,517	$	16,682

________


⁽¹⁾	Included in direct expense in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).


⁽²⁾	Included in selling, general, and administrative expense in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).


⁽³⁾	Included in dividends of Preferred Shares in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).


⁽⁴⁾	Included in interest expense in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).