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Investment In Hotel Properties
3 Months Ended
Mar. 31, 2017
Investment In Hotel Properties [Abstract]  
Investment In Hotel Properties

NOTE 2.  INVESTMENT IN HOTEL PROPERTIES



Investments in hotel properties consisted of the following at March 31, 2017 and December 31, 2016:





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of



 

March 31, 2017

 

December 31, 2016



 

Held for sale

 

Held for use

 

Total

 

Held for sale

 

Held for use

 

Total

Land

 

$

1,794 

 

$

17,510 

 

$

19,304 

 

$

2,392 

 

$

14,020 

 

$

16,412 

Buildings, improvements, vehicle

 

 

14,166 

 

 

132,251 

 

 

146,417 

 

 

23,118 

 

 

85,565 

 

 

108,683 

Furniture and equipment

 

 

4,215 

 

 

17,790 

 

 

22,005 

 

 

5,427 

 

 

12,776 

 

 

18,203 

Construction-in-progress

 

 

17 

 

 

413 

 

 

430 

 

 

23 

 

 

63 

 

 

86 

Investment in hotel properties

 

 

20,192 

 

 

167,964 

 

 

188,156 

 

 

30,960 

 

 

112,424 

 

 

143,384 

Less accumulated depreciation

 

 

(8,179)

 

 

(17,312)

 

 

(25,491)

 

 

(12,247)

 

 

(16,266)

 

 

(28,513)

Investment in hotel properties, net

 

$

12,013 

 

$

150,652 

 

$

162,665 

 

$

18,713 

 

$

96,158 

 

$

114,871