XML 56 R35.htm IDEA: XBRL DOCUMENT v3.25.1

REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III

ASHFORD HOSPITALITY TRUST, INC. AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2024

(dollars in thousands)

Column A												Column B						Column C												Column D												Column E																		Column F						Column G						Column H						Column I
																		Initial Cost												Costs Capitalized Since Acquisition												Gross Carrying Amount At Close of Period (6)
Hotel Property						Location						Encumbrances						Land						FF&E, Buildings and Improvements						Land						FF&E, Buildings and Improvements						Land						FF&E, Buildings and Improvements						Total						Accumulated Depreciation						Construction Date						Acquisition Date						Income Statement
Embassy Suites						Austin, TX						$	22,848					$	1,204					$	9,388					$	193					$	9,349					$	1,397					$	18,737					$	20,134					$	9,528					08/1998												(1), (2), (3)
Embassy Suites						Dallas, TX						15,123						1,878						8,907						238						15,053						2,116						23,960						26,076						10,577						12/1998												(1), (2), (3)
Embassy Suites						Herndon, VA						19,532						1,303						9,836						277						3,747						1,580						13,583						15,163						8,676						12/1998												(1), (2), (3)
Embassy Suites						Las Vegas, NV						29,613						3,307						16,952						397						4,387						3,704						21,339						25,043						12,590						05/1999												(1), (2), (3)
Embassy Suites						Houston, TX						17,417						1,799						10,404						—						3,115						1,799						13,519						15,318						6,805												03/2005						(1), (2), (3)
Embassy Suites						West Palm Beach, FL						19,365						3,277						13,949						—						10,867						3,277						24,816						28,093						9,386												03/2005						(1), (2), (3)
Embassy Suites						Philadelphia, PA						19,636						5,791						34,819						—						3,239						5,791						38,058						43,849						18,160												12/2006						(1), (2), (3)
Embassy Suites						Arlington, VA						38,140						36,065						41,588						—						7,571						36,065						49,159						85,224						23,514												04/2007						(1), (2), (3)
Embassy Suites (4)						Portland, OR						72,763						11,110						60,048						(5,615)						(39,309)						5,495						20,739						26,234						1,216												04/2007						(1), (2), (3)
Embassy Suites						Santa Clara, CA						55,489						8,948						46,239						—						7,987						8,948						54,226						63,174						25,860												04/2007						(1), (2), (3)
Embassy Suites						Orlando, FL						18,534						5,674						21,593						—						5,166						5,674						26,759						32,433						12,503												04/2007						(1), (2), (3)
Hilton Garden Inn						Jacksonville, FL						11,496						1,751						9,164						—						1,962						1,751						11,126						12,877						6,157												11/2003						(1), (2), (3)
Hilton Garden Inn						Austin, TX						62,970						7,605						48,725						—						9						7,605						48,734						56,339						12,855												03/2015						(1), (2), (3)
Hilton Garden Inn						Baltimore, MD						15,413						4,027						20,199						—						1,637						4,027						21,836						25,863						6,677												03/2015						(1), (2), (3)
Hilton Garden Inn						Virginia Beach, VA						30,545						4,101						26,329						—						1,355						4,101						27,684						31,785						6,986												03/2015						(1), (2), (3)
Hilton						Ft. Worth, TX						42,854						4,538						13,922						—						11,293						4,538						25,215						29,753						13,319												03/2005						(1), (2), (3)
Hilton						Houston, TX						19,509						2,200						13,247						—						5,072						2,200						18,319						20,519						9,807												03/2005						(1), (2), (3)
Hilton						St. Petersburg, FL						47,654						2,991						13,907						(1,130)						11,551						1,861						25,458						27,319						11,421												03/2005						(1), (2), (3)
Hilton						Santa Fe, NM						20,526						7,004						10,689						—						2,638						7,004						13,327						20,331						6,734												12/2006						(1), (2), (3)
Hilton						Bloomington, MN						32,348						5,685						59,139						—						4,588						5,685						63,727						69,412						29,457												04/2007						(1), (2), (3)
Hilton (4)						Costa Mesa, CA						54,033						12,917						91,791						(7,145)						(67,028)						5,772						24,763						30,535						507												04/2007						(1), (2), (3)
Hilton						Parsippany, NJ						36,184						7,293						58,098						—						1,533						7,293						59,631						66,924						16,479												03/2015						(1), (2), (3)
Hilton						Tampa, FL						26,081						5,206						21,186						—						2,504						5,206						23,690						28,896						8,809												03/2015						(1), (2), (3)
Hilton						Alexandria, VA						62,753						14,459						96,602						—						886						14,459						97,488						111,947						17,722												06/2018						(1), (2), (3)
Hilton						Santa Cruz, CA						22,132						9,399						38,129						—						1,638						9,399						39,767						49,166						8,890												02/2019						(1), (2), (3)
Hampton Inn						Evansville, IN						10,872						1,301						5,034						—						8,865						1,301						13,899						15,200						5,621												09/2004						(1), (2), (3)
Hampton Inn						Parsippany, NJ						17,716						3,268						24,306						—						(539)						3,268						23,767						27,035						6,205												03/2015						(1), (2), (3)
Marriott						Beverly Hills, CA						95,729						6,510						22,061						—						2,864						6,510						24,925						31,435						12,700												03/2005						(1), (2), (3)
Marriott						Arlington, VA						121,500						20,637						101,376						—						11,957						20,637						113,333						133,970						56,805												07/2006						(1), (2), (3)
Marriott						Dallas, TX						23,637						2,701						30,893						—						6,176						2,701						37,069						39,770						15,788												04/2007						(1), (2), (3)
Marriott						Fremont, CA						39,959						5,800						44,200						—						11,497						5,800						55,697						61,497						19,169												08/2014						(1), (2), (3)
Marriott						Memphis, TN						18,502						6,210						37,284						—						(2,152)						6,210						35,132						41,342						9,189												02/2015						(1), (2), (3)
Marriott						Irving, TX						63,346						8,330						82,272						—						13,890						8,330						96,162						104,492						31,902												03/2015						(1), (2), (3)
Marriott						Omaha, NE						15,061						6,641						49,887						—						2,743						6,641						52,630						59,271						15,922												03/2015						(1), (2), (3)

Column A												Column B						Column C												Column D												Column E																		Column F						Column G						Column H						Column I
																		Initial Cost												Costs Capitalized Since Acquisition												Gross Carrying Amount At Close of Period (6)
Hotel Property						Location						Encumbrances						Land						FF&E, Buildings and Improvements						Land						FF&E, Buildings and Improvements						Land						FF&E, Buildings and Improvements						Total						Accumulated Depreciation						Construction Date						Acquisition Date						Income Statement
Marriott						Sugarland, TX						59,210						9,047						84,043						—						14,165						9,047						98,208						107,255						24,842												03/2015						(1), (2), (3)
Courtyard by Marriott						Bloomington, IN						13,933						900						10,741						—						4,129						900						14,870						15,770						6,342												09/2004						(1), (2), (3)
Courtyard by Marriott - Tremont (7)						Boston, MA						97,368						24,494						85,246						—						555						24,494						85,801						110,295						23,173												03/2015						(1), (2), (3)
Courtyard by Marriott						Denver, CO						31,720						9,342						29,656						—						918						9,342						30,574						39,916						9,399												03/2015						(1), (2), (3)
Courtyard by Marriott						Gaithersburg, MD						27,162						5,128						30,522						—						504						5,128						31,026						36,154						8,589												03/2015						(1), (2), (3)
Courtyard by Marriott						Crystal City, VA						41,599						5,411						38,610						—						6,893						5,411						45,503						50,914						24,395												06/2005						(1), (2), (3)
Courtyard by Marriott						Overland Park, KS						9,255						1,868						14,030						—						1,451						1,868						15,481						17,349						7,615												06/2005						(1), (2), (3)
Courtyard by Marriott						Foothill Ranch, CA						21,255						2,447						16,005						—						1,291						2,447						17,296						19,743						8,668												06/2005						(1), (2), (3)
Courtyard by Marriott						Alpharetta, GA						19,230						2,244						12,345						—						1,761						2,244						14,106						16,350						7,017												06/2005						(1), (2), (3)
Marriott Residence Inn						Evansville, IN						7,658						961						5,972						(1)						3,254						960						9,226						10,186						3,610												09/2004						(1), (2), (3)
Marriott Residence Inn						Orlando, FL						16,627						6,554						40,539						—						9,196						6,554						49,735						56,289						27,396												06/2005						(1), (2), (3)
Marriott Residence Inn						Falls Church, VA						25,573						2,752						34,979						—						3,692						2,752						38,671						41,423						19,479												06/2005						(1), (2), (3)
Marriott Residence Inn						San Diego, CA						28,635						3,156						29,514						—						1,606						3,156						31,120						34,276						15,677												06/2005						(1), (2), (3)
Tribute Portfolio						Santa Fe, NM						35,697						8,094						42,058						—						2,880						8,094						44,938						53,032						8,013												10/2018						(1), (2), (3)
Ritz-Carlton						Atlanta, GA						93,045						2,477						80,139						—						14,232						2,477						94,371						96,848						31,000												03/2015						(1), (2), (3)
Renaissance						Nashville, TN						267,200						20,671						158,260						—						31,119						20,671						189,379						210,050						61,562												03/2015						(1), (2), (3)
Renaissance						Palm Springs, CA						48,966						—						74,112						—						3,151						—						77,263						77,263						23,155												03/2015						(1), (2), (3)
Sheraton Hotel						Minneapolis, MN						17,223						2,953						14,280						(51)						1,528						2,902						15,808						18,710						7,926												03/2005						(1), (2), (3)
Sheraton Hotel						Indianapolis, IN						57,970						3,100						22,041						—						11,515						3,100						33,556						36,656						16,332												03/2005						(1), (2), (3)
Sheraton Hotel						Anchorage, AK						18,016						4,023						39,363						—						7,004						4,023						46,367						50,390						22,271												12/2006						(1), (2), (3)
Sheraton Hotel						San Diego, CA						24,992						7,294						36,382						—						3,679						7,294						40,061						47,355						18,166												12/2006						(1), (2), (3)
Hyatt Regency						Coral Gables, FL						43,683						4,805						50,820						—						11,803						4,805						62,623						67,428						30,403												04/2007						(1), (2), (3)
Hyatt Regency						Hauppauge, NY						34,304						6,284						35,669						—						(2,235)						6,284						33,434						39,718						12,628												03/2015						(1), (2), (3)
Hyatt Regency						Savannah, GA						65,789						14,041						72,721						—						3,739						14,041						76,460						90,501						21,651												03/2015						(1), (2), (3)
Crown Plaza						Key West, FL						53,466						—						27,514						—						38,707						—						66,221						66,221						23,106												03/2005						(1), (2), (3)
Annapolis Historic Inn						Annapolis, MD						15,352						3,028						7,833						—						1,627						3,028						9,460						12,488						4,731												03/2005						(1), (2), (3)
Lakeway Resort & Spa						Austin, TX						13,360						4,541						28,940						—						1,205						4,541						30,145						34,686						11,383												02/2015						(1), (2), (3)
Silversmith						Chicago, IL						26,363						4,782						22,398						—						(1,576)						4,782						20,822						25,604						6,643												03/2015						(1), (2), (3)
The Churchill						Washington, DC						39,074						25,898						32,304						—						1,819						25,898						34,123						60,021						9,932												03/2015						(1), (2), (3)
The Melrose						Washington, DC						71,710						29,277						62,507						—						(1,586)						29,277						60,921						90,198						15,664												03/2015						(1), (2), (3)
Le Pavillon						New Orleans, LA						37,000						10,933						51,549						(2,601)						22,745						8,332						74,294						82,626						18,993												06/2015						(1), (2), (3)
Westin						Princeton, NJ						—						6,475						52,195						—						2,865						6,475						55,060						61,535						16,427												03/2015						(1), (2), (3)
Atlanta Hotel Indigo						Atlanta, GA						12,330						3,230						23,713						—						3,081						3,230						26,794						30,024						8,459												10/2015						(1), (2), (3)
Le Meridien						Ft. Worth, TX						36,683						4,609						82,749						(9)						7,396						4,600						90,145						94,745						1,525						08/2025												(1), (2), (3)
Hampton Inn						Buford, GA						10,000						1,168						5,338						—						3,699						1,168						9,037						10,205						5,808												07/2004						(1), (2), (3)
SpringHill Suites by Marriott						Buford, GA						4,500						1,132						6,089						—						7,012						1,132						13,101						14,233						5,799												07/2004						(1), (2), (3)
Marriott Residence Inn						Manchester, CT						7,700						1,462						8,306						—						6,940						1,462						15,246						16,708						5,648												04/2007						(1), (2), (3)
Marriott Residence Inn						Jacksonville, FL						8,000						1,997						16,084						—						5,405						1,997						21,489						23,486						11,587												05/2007						(1), (2), (3)
Total(5)												$	2,660,928					$	477,508					$	2,677,729					$	(15,447)					$	303,280					$	462,061					$	2,981,009					$	3,443,070					$	1,052,950

_________________________

(1)    Estimated useful life for buildings is 39 years.

(2)    Estimated useful life for building improvements is 7.5 years.

(3)    Estimated useful life for furniture and fixtures is 1.5 to 5 years.

(4)    Amounts include impairment charges.

(5)     Hilton Marietta is not included in this schedule as it is operated through a lease.

(6)    The cost of land and depreciable property, net of accumulated depreciation, for U.S. federal income tax purposes was approximately $2.4 billion as of December 31, 2024.

(7)     Hotel property was held for sale as of December 31, 2024.

						Year Ended December 31,
						2024						2023						2022
Investment in Real Estate:
Beginning balance						$	4,245,264					$	4,546,384					$	4,663,153
Additions						102,232						206,737						125,244
Impairment/write-offs						(255,732)						(194,343)						(195,736)
Sales/disposals						(631,383)						(292,268)						(46,277)
Assets held for sale						(110,295)						(21,246)						—
Ending balance						$	3,350,086					$	4,245,264					$	4,546,384
Accumulated Depreciation:
Beginning balance						1,293,332						1,428,053						1,432,443
Depreciation expense						152,832						188,021						201,926
Impairment/write-offs						(196,402)						(194,343)						(195,736)
Sales/disposals						(195,710)						(119,102)						(10,580)
Assets held for sale						(23,173)						(9,297)						—
Ending balance						$	1,030,879					$	1,293,332					$	1,428,053
Investment in Real Estate, net						$	2,319,207					$	2,951,932					$	3,118,331

X

- References

No definition available.

+ Details

Name:	srt_RealEstateAndAccumulatedDepreciationDisclosureAbstract
Namespace Prefix:	srt_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 28
-Publisher SEC

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 970
-SubTopic 360
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-28)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478979/970-360-S99-1

+ Details

Name:	srt_RealEstateAndAccumulatedDepreciationDisclosureTextBlock
Namespace Prefix:	srt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration