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Favorable Lease Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets by Major Class
Our favorable lease assets, net of accumulated amortization of $2.4 million and $2.3 million as of March 31, 2017 and December 31, 2016, respectively, consist of the following (in thousands):
 
March 31, 2017
 
December 31, 2016
Westin Boston Waterfront Hotel Ground Lease
$
17,805

 
$
17,859

Orchards Inn Sedona Annex Sublease
8,557

 

Lexington Hotel New York Tenant Leases
146

 
154

 
$
26,508

 
$
18,013