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Favorable Lease Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets by Major Class
Our favorable lease assets, net of accumulated amortization of $3.4 million and $2.7 million as of December 31, 2018 and 2017, respectively, consist of the following (in thousands):
 
2018
 
2017
Cavallo Point Ground Lease
$
17,908

 
$

Hotel Palomar Phoenix Ground Lease
19,763



Westin Boston Waterfront Hotel Ground Lease
17,426

 
17,643

Orchards Inn Sedona Annex Sublease
8,757

 
8,925

Lexington Hotel Tenant Leases
91

 
122

 
$
63,945

 
$
26,690