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Investment in Hotel Properties (Tables)
12 Months Ended
Dec. 31, 2020
Investment in Hotel Properties [Abstract]  
Schedule of Investment in Hotel Properties



 

 

 

 

 



As of



December 31, 2020

 

December 31, 2019

Land

$

34,928 

 

$

20,200 

Buildings, improvements, vehicle

 

244,041 

 

 

206,971 

Furniture and equipment

 

24,622 

 

 

21,805 

Initial franchise fees

 

1,784 

 

 

1,784 

Construction-in-progress

 

123 

 

 

100 

Right of use asset

 

62 

 

 

80 

Investment in hotel properties

 

305,560 

 

 

250,940 

Less accumulated depreciation

 

(39,729)

 

 

(28,877)

Investment in hotel properties, net

$

265,831 

 

$

222,063