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Investment In Hotel Properties
 6 Months Ended
Jun. 30, 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 June 30, 2017 and December 31, 2016:





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of



 

June 30, 2017

 

December 31, 2016



 

Held for sale

 

Held for use

 

Total

 

Held for sale

 

Held for use

 

Total

Land

 

$

 526 

 

$

 20,043 

 

$

 20,569 

 

$

 2,392 

 

$

 14,020 

 

$

 16,412 

Buildings, improvements, vehicle

 

 

 4,896 

 

 

 165,627 

 

 

 170,523 

 

 

 23,118 

 

 

 85,565 

 

 

 108,683 

Furniture and equipment

 

 

 1,879 

 

 

 19,399 

 

 

 21,278 

 

 

 5,233 

 

 

 12,108 

 

 

 17,341 

Initial franchise fees

 

 

 31 

 

 

 1,444 

 

 

 1,475 

 

 

 194 

 

 

 668 

 

 

 862 

Construction-in-progress

 

 

 -

 

 

 277 

 

 

 277 

 

 

 23 

 

 

 63 

 

 

 86 

Investment in hotel properties

 

 

 7,332 

 

 

 206,790 

 

 

 214,122 

 

 

 30,960 

 

 

 112,424 

 

 

 143,384 

Less accumulated depreciation

 

 

 (3,532)

 

 

 (19,053)

 

 

 (22,585)

 

 

 (12,247)

 

 

 (16,266)

 

 

 (28,513)

Investment in hotel properties, net

 

$

 3,800 

 

$

 187,737 

 

$

 191,537 

 

$

 18,713 

 

$

 96,158 

 

$

 114,871