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Investment In Hotel Properties
12 Months Ended
Dec. 31, 2017
Investment In Hotel Properties [Abstract]  
Investments In Hotel Properties

NOTE 2.  INVESTMENT IN HOTEL PROPERTIES



Investments in hotel properties consisted of the following at December 31:





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of December 31,



 

2017

 

2016



 

Held for sale

 

Held for use

 

Total

 

Held for sale

 

Held for use

 

Total

Land

 

$

1,633 

 

$

20,216 

 

$

21,849 

 

$

4,727 

 

$

11,685 

 

$

16,412 

Buildings, improvements, vehicle

 

 

13,143 

 

 

182,909 

 

 

196,052 

 

 

40,006 

 

 

68,677 

 

 

108,683 

Furniture and equipment

 

 

3,463 

 

 

17,840 

 

 

21,303 

 

 

9,330 

 

 

8,011 

 

 

17,341 

Initial franchise fees

 

 

118 

 

 

1,528 

 

 

1,646 

 

 

359 

 

 

503 

 

 

862 

Construction-in-progress

 

 

 

 

276 

 

 

278 

 

 

55 

 

 

31 

 

 

86 

Investment in hotel properties

 

 

18,359 

 

 

222,769 

 

 

241,128 

 

 

54,477 

 

 

88,907 

 

 

143,384 

Less accumulated depreciation

 

 

(5,704)

 

 

(15,844)

 

 

(21,548)

 

 

(18,837)

 

 

(9,676)

 

 

(28,513)

Investment in hotel properties, net

 

$

12,655 

 

$

206,925 

 

$

219,580 

 

$

35,640 

 

$

79,231 

 

$

114,871