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Investment in Unconsolidated Entities (Tables)

9 Months Ended

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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