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Relationships with Managers and Franchisors (Tables)
 12 Months Ended
Dec. 31, 2021
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, 2021, 2020 and 2019 (in thousands):
Year Ended December 31,
202120202019
Base management fees$11,542 $6,908 $21,712 
Incentive management fees468 — 5,705 
Amortization of deferred income related to key money (1)
(213)(227)(227)
Amortization of unfavorable contract liabilities(1,589)(3,103)(1,715)
Total management fees, net$10,208 $3,578 $25,475 
_____________________________
(1)Relates to key money received for Chicago Marriott Downtown Magnificent Mile and Westin Washington D.C. City Center.
Schedule of Franchise Fees
The following is a summary of franchise fees for the years ended December 31, 2021, 2020 and 2019 (in thousands):
Year Ended December 31,
202120202019
Franchise fees$18,781 $10,301 $27,102 
Amortization of deferred income related to key money (1)
(116)(170)(170)
Total franchise fees, net$18,665 $10,131 $26,932 
_____________________________
(1)Relates to key money received for The Lexington Hotel and Courtyard New York Manhattan/Fifth Avenue.