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Relationships with Managers and Franchisors (Tables) | 12 Months Ended
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Dec. 31, 2019
Relationships With Managers [Abstract] |
Summary of Management Fees from Continuing Operations | The following is a summary of management fees for the years ended December 31, 2019, 2018 and 2017 (in thousands):
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Base management fees | $ | 21,712 |  |  | $ | 20,467 |  |  | $ | 22,265 |
Incentive management fees | 5,705 |  |  | 5,805 |  |  | 6,259 |
Amortization of deferred income related to key money | (227 | ) |  | (2,398 | ) |  | (4,840 | )
Amortization of unfavorable contract liabilities | (1,715 | ) |  | (1,715 | ) |  | (1,715 | )
Total management fees, net | $ | 25,475 |  |  | $ | 22,159 |  |  | $ | 21,969 |
Schedule of franchise fees | The following is a summary of franchise fees for the years ended December 31, 2019, 2018 and 2017 (in thousands):
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Franchise fees | $ | 27,102 |  |  | $ | 26,348 |  |  | $ | 24,890 |
Amortization of deferred income related to key money (1) | (170 | ) |  | (170 | ) |  | (920 | )
Total franchise fees, net | $ | 26,932 |  |  | $ | 26,178 |  |  | $ | 23,970 |
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(1) | Relates to key money received for the Lexington Hotel New York.

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