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Investment in Unconsolidated Entity (Tables)
12 Months Ended
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The following table summarizes our carrying value and ownership interest in OpenKey:
December 31, 2021December 31, 2020
Carrying value of the investment in OpenKey (in thousands)$2,771 $2,811 
Ownership interest in OpenKey16.7 %17.5 %
Carrying value of the investment in 815 Commerce MM (in thousands)$8,482 $— 
Ownership interest in 815 Commerce MM32.5 %— %
The following table summarizes our equity in earnings (loss) of unconsolidated entities (in thousands):
Year Ended December 31,
202120202019
OpenKey$(540)$(448)$(411)
815 Commerce MM(18)— —