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Debt Financing (Tables)
3 Months Ended
Sep. 30, 2015
Debt Financing [Abstract]  
Summary Of Long Term Debt

 

 

 

 

 

 

 

 

 

 

 

Interest

 

Fixed Rate Debt

 

Balance

Rate

Maturity

 

 

 

 

 

 

 

Lender

 

 

 

 

 

 

GE Capital Franchise Finance LLC

 

$

2,163 
7.17 

%

12/2015

Citigroup Global Markets Realty Corp

 

 

11,544 
5.97 

%

11/2015

GE Capital Franchise Finance LLC

 

 

3,913 
4.75 

%

2/2018

GE Capital Franchise Finance LLC

 

 

10,951 
7.17 

%

2/2017

Cantor

 

 

5,855 
4.25 

%

11/2017

Morgan Stanley

 

 

27,821 
5.83 

%

12/2017

Total fixed rate debt

 

$

62,247 

 

 

 

 

 

 

 

 

 

 

Variable Rate Debt

 

 

 

 

 

 

Great Western Bank

 

$

2,892 
4.25 

%

6/2018

Total variable rate debt

 

$

2,892 

 

 

 

 

 

 

 

 

 

 

Total Debt

 

$

65,139 

 

 

 

 

 

 

 

 

 

 

Less: Debt related to hotel properties held for sale

 

 

10,339 

 

 

 

 

 

 

 

 

 

 

Total long-term debt

 

$

54,800 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

10,339 

 

$

10,476 

 

$

20,815 

2016

 

 

 

 

1,824 

 

 

1,824 

2017

 

 

 

 

42,256 

 

 

42,256 

2018

 

 

 

 

244 

 

 

244 

2019

 

 

 

 

 

 

Thereafter

 

 

 

 

 

 

 

 

$

10,339 

 

$

54,800 

 

$

65,139