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Investments in Affiliates (Tables)

12 Months Ended

Dec. 31, 2024

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, 2024						December 31, 2023
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 (2)						—		%				43		%
926 James M. Wood Boulevard, LLC						75		%				75		%
EH Glendale JV, LLC						80		%				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		%				80		%
EH Waco JV, LLC						80		%				80		%
EH Amarillo JV, LLC						80		%				80		%
EH Yuma JV, LLC						80		%				80		%
EH El Paso JV, LLC						80		%				80		%
EH Brownsville JV, LLC						80		%				80		%
EH Wichita JV, LLC						80		%				—		%
CH East Avenue, LLC						65		%				—		%
EH Salem JV, LLC						80		%				—		%
EH Clarksville JV, LLC						80		%				—		%

(1) Non-VIE investments.

(2) During the year ended December 31, 2024, the Company received a liquidating distribution as a result of the affiliate selling its underlying assets.

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)			2024						2023						2022
Revenues			$	65,732					$	65,634					$	58,821
Operating income			$	14,199					$	12,504					$	7,977
(Loss) income before income taxes			$	(1,203)					$	314					$	1,837
Net loss			$	(3,488)					$	(1,255)					$	(1,058)

			As of December 31,
(in thousands)			2024						2023
Current assets			$	71,737					$	63,397
Non-current assets			412,269						269,693
Total assets			$	484,006					$	333,090
Current liabilities			$	84,966					$	63,526
Non-current liabilities			257,130						177,451
Total liabilities			$	342,096					$	240,977

						As of December 31, 2024																								As of December 31, 2023
(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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- References

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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

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