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v3.19.3.a.u2

Acquisitions - Allocation of Fair Value (Details) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 12, 2018 | Mar. 01, 2018
--- | --- | --- | --- | ---
Schedule of Acquired Assets and Liabilities |  |  |  |
New Market Tax Credit loan assumption | $ (1,090,099) | $ (977,966) |  |
Cavallo Point |  |  |  |
Schedule of Acquired Assets and Liabilities |  |  |  |
Land |  |  | $ 0 |
Building and improvements |  |  | 123,100 |
Furniture, fixtures and equipment |  |  | 10,470 |
Construction in progress |  |  | 1,734 |
Total fixed assets |  |  | 135,304 |
Favorable lease asset |  |  | 17,907 |
Unfavorable lease liability |  |  | 0 |
New Market Tax Credit loan assumption |  |  | 0 |
Other assets and liabilities, net |  |  | (5,083) |
Total |  |  | $ 148,128 |
Landing Resort & Spa |  |  |  |
Schedule of Acquired Assets and Liabilities |  |  |  |
Land |  |  |  | $ 14,816
Building and improvements |  |  |  | 24,351
Furniture, fixtures and equipment |  |  |  | 3,346
Construction in progress |  |  |  | 0
Total fixed assets |  |  |  | 42,513
Favorable lease asset |  |  |  | 0
Unfavorable lease liability |  |  |  | 0
New Market Tax Credit loan assumption |  |  |  | 0
Other assets and liabilities, net |  |  |  | (658)
Total |  |  |  | 41,855
Hotel Palomar Phoenix |  |  |  |
Schedule of Acquired Assets and Liabilities |  |  |  |
Land |  |  |  | 0
Building and improvements |  |  |  | 59,703
Furniture, fixtures and equipment |  |  |  | 5,207
Construction in progress |  |  |  | 0
Total fixed assets |  |  |  | 64,910
Favorable lease asset |  |  |  | 20,012
Unfavorable lease liability |  |  |  | (4,644)
New Market Tax Credit loan assumption |  |  |  | (2,943)
Other assets and liabilities, net |  |  |  | 497
Total |  |  |  | $ 77,832

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