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Investment in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 30, 2021

Equity Method Investments and Joint Ventures [Abstract]

The following table sets forth the combined components of net income (loss), including the Company’s share, related to all JVs for the three and six months ended June 30, 2021 and 2020 (in thousands):


	For the three months ended				For the six months ended
	June 30,				June 30,
	2021		2020		2021		2020
Revenue	$	—	$	37,897	$	24,690	$	128,767
Total hotel operating expenses	—		39,987		24,106		111,952
Hotel operating (loss) income	$	—	$	(2,090)	$	584	$	16,815
Impairment loss	$	—	$	561,494	$	—	$	575,375
Loss from continuing operations	$	—	$	(604,721)	$	(13,109)	$	(645,006)
Gain (loss) on sale of hotels	—		68		—		(14)
Net loss	$	—	$	(604,653)	$	(13,109)	$	(645,020)

Loss allocable to the Company	$	—	$	(1,905)	$	(1,347)	$	(5,977)
Basis difference adjustment	—		327		116		726
Total loss from unconsolidated real estate entities attributable to the Company	$	—	$	(1,578)	$	(1,231)	$	(5,251)