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Acquisition (Tables) | 9 Months Ended
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Sep. 30, 2024
Business Combination and Asset Acquisition [Abstract] |
Asset Acquisition | Also during the nine months ended September 30, 2024, the Company acquired a 100% interest in the following property:
Property |  | Location |  | Acquisition Date |  | Management Company |  | Rooms |  | Purchase Price (in thousands)
Hotel Teatro |  | Denver, CO |  | June 13, 2024 |  | Sage Hospitality |  | 110 |  |  | $ | 35,500 |
Asset Acquisition, Allocation Of Transaction Costs | The allocation of the costs for the property acquired was as follows (in thousands):
| September 30, 2024
Land and improvements | $ | 3,433 |  |  |
Buildings and improvements | 29,716 |  |  |
Furniture, fixtures and equipment | 2,996 |  |  |
Total purchase price | $ | 36,145 |  |  |

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- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480123/805-50-15-3 + Details
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