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Commitments And Contingencies
9 Months Ended
Sep. 30, 2014
Commitments And Contingencies [Abstract]  
Commitments And Contingencies

Commitments and Contingencies

Litigation 

 

Various claims and legal proceedings arise in the ordinary course of business and may be pending against the Company and its properties. Based upon the information available, the Company believes that the resolution of any of these claims and legal proceedings should not have a material adverse affect on its consolidated financial position, results of operations or cash flows.

 

A lawsuit has been filed against the Company in Muscogee County Superior Court in Columbus, Georgia by a plaintiff on October 22, 2013. The plaintiff is alleging injury from an altercation with an employee at the Columbus, Georgia Super 8.  The plaintiff is seeking to recover for damages arising out of physical and mental injury, lost wages, pain and suffering, past and future medical expenses and punitive or exemplary damages.

 

On October 21, 2014, the Company reached an agreement to settle the claim. The settlement was made with authorization from the insurers, and the Company has recorded a liability for the amount of the unpaid claim and a receivable reflecting recoverability of the claim from the insurers.