Significant Accounting Policies and Recently Issued Accounting Standards (Tables)

3 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Property Plant and Equipment Estimated Useful Life

Property and equipment and other investments in real estate are stated at cost less accumulated depreciation computed using a straight-line method over the following estimated useful life of each asset:

Buildings and improvements	5 to 40 years
Furniture, fixtures and other equipment	2 to 10 years

Summary of the Number of Hotels, Percentages of Total Hotels and Total Revenues, Excluding Revenue from Discontinued Operations

The number of hotels, percentages of total hotels and the percentages of our total revenues, excluding revenue from discontinued operations, from these states for the three months ended March 31, 2019 is as follows:

	Number of Hotels		Percentage of Total Hotels			Percentage of Total Revenue
Texas		68		22	%		21	%
Florida		49		16	%		22	%
California		21		6	%		10	%
Total		138		44	%		53	%