Consolidated Balance Sheets $ in Thousands	Dec. 31, 2020 USD ($)
Assets
Investment in hotel properties, net	$ 265,831
Cash and cash equivalents	3,686
Restricted cash, property escrows	3,794
Accounts receivable, net	652
Prepaid expenses and other assets	1,230
Total Assets	275,193
Liabilities
Accounts payable, accrued expenses, and other liabilities	5,372
Dividends and distributions payable	762
Land option liability	8,497
Derivative liabilities, at fair value	880
Convertible debt, at fair value	16,875
Long-term debt, net of deferred financing costs	166,526
Total Liabilities	198,912
Shareholders' Equity
Common stock, $.01 par value, 200,000,000 shares authorized;12,014,743 shares outstanding	120
Additional paid-in capital	233,332
Accumulated deficit	(167,263)
Total Shareholders' Equity	76,239
Noncontrolling interest in consolidated partnership (Condor Hospitality Limited Partnership), redemption value of $17	42
Total Equity	76,281
Total Liabilities and Equity	275,193
Series E Preferred Stock [Member]
Shareholders' Equity
Preferred stock, 40,000,000 shares authorized: 6.25% Series E, 925,000 shares authorized, $.01 par value, 925,000 shares outstanding, liquidation preference of $10,021	$ 10,050