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Favorable Lease Assets (Tables)
9 Months Ended
Sep. 30, 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 $2.6 million and $2.3 million as of September 30, 2017 and December 31, 2016, respectively, consist of the following (in thousands):
 
September 30, 2017
 
December 31, 2016
Westin Boston Waterfront Hotel Ground Lease
$
17,698

 
$
17,859

Orchards Inn Sedona Annex Sublease
8,967

 

Lexington Hotel New York Tenant Leases
130

 
154

 
$
26,795

 
$
18,013