Investment in Hotel Properties

12 Months Ended

Dec. 31, 2018

Investment in Hotel Properties [Abstract]

Investment in Hotel Properties

NOTE 2.  INVESTMENT IN HOTEL PROPERTIES

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

	As of December 31,
	2018						2017
	Held for sale		Held for use		Total		Held for sale		Held for use		Total
Land	$	2,304	$	20,200	$	22,504	$	4,083	$	17,766	$	21,849
Buildings, improvements, vehicle		4,462		206,821		211,283		19,718		176,334		196,052
Furniture and equipment		719		20,554		21,273		5,177		16,126		21,303
Initial franchise fees		25		1,784		1,809		162		1,484		1,646
Construction-in-progress		7		323		330		52		226		278
Investment in hotel properties		7,517		249,682		257,199		29,192		211,936		241,128
Less accumulated depreciation		(3,425)		(19,504)		(22,929)		(11,334)		(10,214)		(21,548)
Investment in hotel properties, net	$	4,092	$	230,178	$	234,270	$	17,858	$	201,722	$	219,580