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Investment in Hotel Properties (Tables)
12 Months Ended
Dec. 31, 2019
Investment in Hotel Properties [Abstract]  
Schedule of Investment in Hotel Properties



 

 

 

 

 

 

 

 

 

 

 



As of



December 31, 2019

 

December 31, 2018



Total

 

Held for sale

 

Held for use

 

Total

Land

$

20,200 

 

$

2,304 

 

$

20,200 

 

$

22,504 

Buildings, improvements, vehicle

 

206,971 

 

 

4,462 

 

 

206,821 

 

 

211,283 

Furniture and equipment

 

21,805 

 

 

719 

 

 

20,554 

 

 

21,273 

Initial franchise fees

 

1,784 

 

 

25 

 

 

1,784 

 

 

1,809 

Construction-in-progress

 

100 

 

 

 

 

323 

 

 

330 

Right of use asset

 

80 

 

 

 -

 

 

 -

 

 

 -

Investment in hotel properties

 

250,940 

 

 

7,517 

 

 

249,682 

 

 

257,199 

Less accumulated depreciation

 

(28,877)

 

 

(3,425)

 

 

(19,504)

 

 

(22,929)

Investment in hotel properties, net

$

222,063 

 

$

4,092 

 

$

230,178 

 

$

234,270