Investments in Affiliates (Tables)

12 Months Ended

Dec. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investment Ownership Interests and Financial Information

Investment in affiliate ownership interests at December 31, 2022 and 2021 are as follows:


	Ownership Interest
	December 31, 2022		December 31, 2021
Choice Hotels Canada, Inc. (1)	50	%	50	%
Main Street WP Hotel Associates, LLC	50	%	50	%
CS Hotel 30W46th, LLC (2)	—	%	—	%
CS Hotel West Orange, LLC	50	%	50	%
City Market Hotel Development, LLC	43	%	43	%
CS Woodlands, LLC (3)	50	%	50	%
926 James M. Wood Boulevard, LLC	75	%	75	%
CS Dallas Elm, LLC (2)	—	%	—	%
Pine Street Long Beach LLC (2)	—	%	—	%
SY Valley Vineyard Resorts LLC (2)	—	%	—	%
CS Lakeside Santa Clara LLC	50	%	50	%
BL 219 Holdco, LP	50	%	50	%
Integrated 32 West Randolph LLC	20	%	20	%
EH Nampa JV LLC	80	%	—	%
Radisson Hotel La Crosse (1)	14	%	—	%

(1) Non-VIE investments

(2) The Company sold its ownership interest in the equity method investment or received distributions resulting from the sale of underlying assets of the affiliate during 2021

(3) The Company received distributions from the sale of underlying assets of the affiliate in February 2023. The equity method investment will be derecognized in the first quarter of 2023.

The following tables present summarized financial information for all unconsolidated ventures in which the Company holds an investment in affiliate that is accounted for under the equity method:


	Year Ended December 31,
(in thousands)	2022		2021		2020
Revenues	$	58,821	$	35,514	$	30,364
Operating income (loss)	7,977		2,299		(6,494)
Income (loss) from continuing operations	1,837		(5,227)		(18,366)
Net loss	(1,058)		(1,593)		(18,977)


	As of December 31,
(in thousands)	2022		2021
Current assets	$	39,870	$	31,209
Non-current assets	237,347		242,567
Total assets	$	277,217	$	273,776

Current liabilities	$	38,660	$	30,365
Non-current liabilities	181,894		81,090
Total liabilities	$	220,554	$	111,455