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Investments in Unconsolidated Entities (Tables)
9 Months Ended
Sep. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The following table summarizes our carrying value in unconsolidated entities:
September 30, 2025December 31, 2024
Carrying value of the Meritage Investment (in thousands)$7,331 $7,590 
The following table summarizes our equity in earnings (loss) of unconsolidated entities (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
OpenKey$— $(173)$— $(462)
Meritage Investment129 40 (258)(366)
$129 $(133)$(258)$(828)