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v3.21.2

Investment in Unconsolidated Entities (Tables) | 9 Months Ended
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Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Income from Joint Venture | The following table sets forth the combined components of net loss, including the Company’s share, related to all JVs for the three and nine months ended September 30, 2021 and 2020 (in thousands):
| For the three months ended |  | For the nine months ended
| September 30, |  | September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Revenue | $ | — |  |  | $ | 63,509 |  |  | $ | 24,690 |  |  | $ | 192,276 |
Total hotel operating expenses | — |  |  | 53,636 |  |  | 24,106 |  |  | 165,588 |
Hotel operating income | $ | — |  |  | $ | 9,873 |  |  | $ | 584 |  |  | $ | 26,688 |
Impairment loss | $ | — |  |  | $ | 2,842 |  |  | $ | — |  |  | $ | 578,217 |
Loss from continuing operations | $ | — |  |  | $ | (26,637) |  |  | $ | (13,109) |  |  | $ | (671,644) |
Loss on sale of hotels | — |  |  | (6) |  |  | — |  |  | (20) |
Net loss | $ | — |  |  | $ | (26,643) |  |  | $ | (13,109) |  |  | $ | (671,664) |
Loss allocable to the Company | $ | — |  |  | $ | (982) |  |  | $ | (1,347) |  |  | $ | (6,960) |
Basis difference adjustment | — |  |  | 135 |  |  | 116 |  |  | 861 |
Total loss from unconsolidated real estate entities attributable to the Company | $ | — |  |  | $ | (847) |  |  | $ | (1,231) |  |  | $ | (6,099) |

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