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Investment In Hotel Properties And Acquisition Of Hotel Properties (Tables)
9 Months Ended
Sep. 30, 2016
Investment In Hotel Properties And Acquisition Of Hotel Properties [Abstract]  
Schedule Of Investments In Hotel Properties



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of



 

September 30, 2016

 

December 31, 2015



 

Held for sale

 

Held for use

 

Total

 

Held for sale

 

Held for use

 

Total

Land

 

$

2,797 

 

$

12,787 

 

$

15,584 

 

$

6,078 

 

$

12,789 

 

$

18,867 

Acquired below market lease intangibles

 

 

 -

 

 

883 

 

 

883 

 

 

 -

 

 

883 

 

 

883 

Buildings, improvements, vehicle

 

 

24,865 

 

 

88,052 

 

 

112,917 

 

 

50,571 

 

 

87,535 

 

 

138,106 

Furniture and equipment

 

 

6,833 

 

 

14,931 

 

 

21,764 

 

 

14,656 

 

 

15,932 

 

 

30,588 

Construction-in-progress

 

 

46 

 

 

625 

 

 

671 

 

 

171 

 

 

284 

 

 

455 

Investment in hotel properties

 

 

34,541 

 

 

117,278 

 

 

151,819 

 

 

71,476 

 

 

117,423 

 

 

188,899 

Less accumulated depreciation

 

 

(15,452)

 

 

(25,244)

 

 

(40,696)

 

 

(34,571)

 

 

(23,629)

 

 

(58,200)

Investment in hotel properties, net

 

$

19,089 

 

$

92,034 

 

$

111,123 

 

$

36,905 

 

$

93,794 

 

$

130,699 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Schedule Of Pro Forma Results



 

 

 

 

 

 

 

 

 

 

 

 



 

Three months ended September 30,

 

Nine months ended September 30,



 

2016

 

2015

 

2016

 

2015

Total revenue

 

$

13,519 

 

$

18,775 

 

$

40,177 

 

$

54,007 

Operating income

 

$

1,302 

 

$

2,520 

 

$

2,937 

 

$

5,586 

Net earnings (loss)  attributable to common shareholders

 

$

2,342 

 

$

10,766 

 

$

(215)

 

$

7,481 

Net earnings (loss) per share attributable to common shareholders - Basic

 

$

0.47 

 

$

2.18 

 

$

(0.04)

 

$

1.54 

Net earnings (loss) per share attributable to common shareholders - Diluted

 

$

0.08 

 

$

0.15 

 

$

(0.04)

 

$

0.04