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Hotel Disposition, Impairment Charges, and Assets Held For Sale (Tables)
 6 Months Ended
Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Hotel Dispositions and Assets Held for Sale The following table includes condensed financial information from hotel property dispositions that occurred in 2021 for the three and six months ended June 30, 2021 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Total hotel revenue
$— $345 $— $1,160 
Total hotel operating expenses— (366)— (1,345)
Gain (loss) on disposition of assets and hotel properties— 361 — 237 
Property taxes, insurance and other— (23)— (141)
Depreciation and amortization— (41)— (206)
Operating income (loss)— 276 — (295)
Interest expense and amortization of discounts and loan costs— (162)— (624)
Gain (loss) on extinguishment of debt— 10,604 — 10,604 
Income (loss) before income taxes— 10,718 — 9,685 
(Income) loss before income taxes attributable to redeemable noncontrolling interests in operating partnership— (143)— (182)
Net income (loss) before income taxes attributable to the Company$— $10,575 $— $9,503 
The major classes of assets and liabilities related to assets held for sale included in the consolidated balance sheet at June 30, 2022 were as follows:
June 30, 2022
Assets
Investments in hotel properties, net$35,175 
Cash and cash equivalents584 
Restricted cash560 
Accounts receivable, net41 
Inventories50 
Deferred costs, net55 
Prepaid expenses67 
Other assets3 
Assets held for sale$36,535 
Liabilities
Indebtedness, net$29,700 
Accounts payable and accrued expenses915 
Accrued interest73 
Liabilities related to assets held for sale$30,688