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Investment in Hotel Properties (Tables)
9 Months Ended
Sep. 30, 2020
Investment in Hotel Properties [Abstract]  
Schedule of Investment in Hotel Properties



 

 

 

 

 

 

 



As of



 

September 30, 2020

 

December 31, 2019

Land

 

$

34,929 

 

 

$

20,200 

Buildings, improvements, vehicle

 

 

244,056 

 

 

 

206,971 

Furniture and equipment

 

 

24,591 

 

 

 

21,805 

Initial franchise fees

 

 

1,784 

 

 

 

1,784 

Construction-in-progress

 

 

13 

 

 

 

100 

Right of use asset

 

 

67 

 

 

 

80 

Investment in hotel properties

 

 

305,440 

 

 

 

250,940 

Less accumulated depreciation

 

 

(37,112)

 

 

 

(28,877)

Investment in hotel properties, net

 

$

268,328 

 

 

$

222,063