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Debt Financing (Tables)
3 Months Ended
Mar. 31, 2015
Debt Financing [Abstract]  
Summary Of Long Term Debt

 

 

 

 

 

 

 

 

 

 

 

Interest

 

Fixed Rate Debt

 

Balance

Rate

Maturity

 

 

 

 

 

 

 

Lender

 

 

 

 

 

 

Great Western Bank

 

$

8,398 
4.50 

%

6/2015

GE Capital Franchise Finance LLC

 

 

7,757 
7.17 

%

12/2015

Citigroup Global Markets Realty Corp

 

 

11,759 
5.97 

%

11/2015

GE Capital Franchise Finance LLC

 

 

4,007 
4.75 

%

2/2018

Middle Patent Capital, LLC

 

 

8,300 
12.50 

%

6/2015

GE Capital Franchise Finance LLC

 

 

11,207 
7.17 

%

2/2017

Cantor

 

 

5,908 
4.25 

%

11/2017

Morgan Stanley

 

 

28,358 
5.83 

%

12/2017

Total fixed rate debt

 

$

85,694 

 

 

 

Less: debt associated with hotel properties held for sale

 

 

21,162 

 

 

 

Total long-term debt

 

$

64,532 

 

 

 

 

 

 

 

 

 

 

 

Aggregate Annual Principal Payments On Debt Associated With Assets Held For Use And Held For Sale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Held For Sale

 

Held For Use

 

TOTAL

Remainder of 2015

 

$

21,162 

 

$

19,237 

 

$

40,399 

2016

 

 

 

 

2,150 

 

 

2,150 

2017

 

 

 

 

42,721 

 

 

42,721 

2018

 

 

 

 

424 

 

 

424 

2019

 

 

 

 

 

 

Thereafter

 

 

 

 

 

 

 

 

$

21,162 

 

$

64,532 

 

$

85,694