XML 45 R30.htm IDEA: XBRL DOCUMENT v3.20.4
Relationships with Managers and Franchisors (Tables)
 12 Months Ended
Dec. 31, 2020
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, 2020, 2019 and 2018 (in thousands):
Year Ended December 31,
202020192018
Base management fees$6,908 $21,712 $20,467 
Incentive management fees— 5,705 5,805 
Amortization of deferred income related to key money(227)(227)(2,398)
Amortization of unfavorable contract liabilities(3,103)(1,715)(1,715)
Total management fees, net$3,578 $25,475 $22,159 
Schedule of Franchise Fees
The following is a summary of franchise fees for the years ended December 31, 2020, 2019 and 2018 (in thousands):
Year Ended December 31,
202020192018
Franchise fees$10,301 $27,102 $26,348 
Amortization of deferred income related to key money (1)(170)(170)(170)
Total franchise fees, net$10,131 $26,932 $26,178 
_____________________________
(1)Relates to key money received for The Lexington Hotel.