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Investments in Affiliates (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investment Ownership Interests and Financial Information | The Company's ownership interests in its affiliates were as follows:
|  | Ownership Interest
|  | December 31, 2023 |  | December 31, 2022
Choice Hotels Canada, Inc.(1) |  | 50 | % |  | 50 | %
Main Street WP Hotel Associates, LLC |  | 50 | % |  | 50 | %
CS Hotel West Orange, LLC |  | 50 | % |  | 50 | %
City Market Hotel Development, LLC |  | 43 | % |  | 43 | %
CS Woodlands, LLC (2) |  | — | % |  | 50 | %
926 James M. Wood Boulevard, LLC |  | 75 | % |  | 75 | %
EH Glendale JV LLC |  | 80 | % |  | — | %
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 | % |  | 80 | %
Radisson Hotel La Crosse (1) |  | 14 | % |  | 14 | %
EH Cheyenne JV LLC |  | 80 | % |  | — | %
EH Waco JV LLC |  | 80 | % |  | — | %
EH Amarillo JV LLC |  | 80 | % |  | — | %
EH Yuma JV LLC |  | 80 | % |  | — | %
EH El Paso JV LLC |  | 80 | % |  | — | %
EH Brownsville JV LLC |  | 80 | % |  | — | %
(1) Non-VIE investments. (2) During the year ended December 31, 2023, the Company received distributions resulting from the sale of the underlying assets of the affiliate. The following tables present summarized financial information for all of the unconsolidated joint ventures in which the Company holds an investment in affiliate that is accounted for under the equity method of accounting:
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Revenues | $ | 65,634 |  |  | $ | 58,821 |  |  | $ | 35,514 |
Operating income | $ | 12,504 |  |  | $ | 7,977 |  |  | $ | 2,299 |
Income (loss) from continuing operations | $ | 314 |  |  | $ | 1,837 |  |  | $ | (5,227) |
Net loss | $ | (1,255) |  |  | $ | (1,058) |  |  | $ | (1,593) |
| As of December 31,
(in thousands) | 2023 |  | 2022
Current assets | $ | 63,397 |  |  | $ | 39,870 |
Non-current assets | 269,693 |  |  | 237,347 |
Total assets | $ | 333,090 |  |  | $ | 277,217 |
Current liabilities | $ | 63,526 |  |  | $ | 38,660 |
Non-current liabilities | 177,451 |  |  | 181,894 |
Total liabilities | $ | 240,977 |  |  | $ | 220,554 |
The following table is a summary of the unrealized gains and losses of investments in equity securities. There have been no dispositions and therefore no realized gains or losses in equity securities during the year ended December 31, 2023.
|  | 2023 |  | 2022
(in thousands) |  | Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value |  | Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Equity Securities |  | $ | 112,420 |  |  | $ | 3,954 |  |  | $ | — |  |  | $ | 116,374 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 + Details
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