XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.1
Hotel Disposition and Impairment Charges
 3 Months Ended
Mar. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Hotel Disposition and Impairment Charges Hotel Disposition and Impairment ChargesHotel DispositionsThe results of operations for disposed hotel properties are included in net income (loss) through the date of disposition. See note 2 for a list of fiscal year 2021 hotel property dispositions. There were no hotel dispositions for the three months ended March 31, 2022. The following table includes condensed financial information from hotel property dispositions that occurred in 2021 for the three months ended March 31, 2021 (in thousands):
Three Months Ended March 31,
2021
Total hotel revenue
$815 
Total hotel operating expenses(971)
Gain (loss) on disposition of assets and hotel properties(124)
Property taxes, insurance and other(119)
Depreciation and amortization(165)
Operating income (loss)(564)
Interest expense and amortization of discounts and loan costs(462)
Income (loss) before income taxes(1,026)
(Income) loss before income taxes attributable to redeemable noncontrolling interests in operating partnership25 
Net income (loss) before income taxes attributable to the Company$(1,001)
Impairment ChargesFor the three months ended March 31, 2022 and 2021, no impairment charges were recorded.