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Investment in Unconsolidated Entities (Tables)
3 Months Ended
Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The following table summarizes our carrying value in unconsolidated entities:
March 31, 2025December 31, 2024
Carrying value of the Meritage Investment (in thousands)$7,159 $7,590 
The following table summarizes our equity in earnings (loss) of unconsolidated entities (in thousands):
Three Months Ended March 31,
20252024
OpenKey$— $(109)
Meritage Investment(431)(425)
$(431)$(534)