XML 92 R77.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment Reporting (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
segment
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Segment Reporting, Revenue Reconciling Item [Line Items]      
Number of reportable segments | segment 1    
Total revenue $ 317,209 $ 311,109 $ 294,851
Total hotel operating expenses 181,176 175,386 160,758
Property taxes, ground rent and insurance 23,709 23,507 21,210
Interest expense, including amortization of deferred fees (30,880) (27,128) (26,454)
Depreciation and amortization 60,741 58,254 59,350
General and administrative 18,388 17,517 17,339
Other charges 327 2,300 683
Impairment loss 4,256 4,266 0
Loss on early extinguishment of debt (17) (696) (138)
Interest and other income 1,712 1,534 10
Gain on sale of hotel properties 5,713 18 2,268
Gain from partial lease termination 0 164 0
Net income 4,035 2,488 9,871
Reimbursable costs from related parties 1,105 1,283 1,326
Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total revenue 316,104 309,826 293,526
Interest expense, including amortization of deferred fees (30,880) (27,128) (26,454)
Depreciation and amortization (60,741) (58,254) (59,350)
General and administrative (18,388) (17,517) (17,339)
Other charges (327) (2,300) (683)
Impairment loss (4,256) (4,266) 0
Loss on early extinguishment of debt (17) (696) (138)
Interest and other income 1,712 1,534 10
Gain on sale of hotel properties 5,713 18 2,268
Gain from partial lease termination 0 164 0
Net income 4,035 2,488 9,871
Operating Segments | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Adjusted Hotel EBITDA 111,219 110,933 111,557
Hotel | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 204,885 198,893 181,969
Room      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total revenue 290,290 284,999 272,265
Total hotel operating expenses 65,311 61,794 56,073
Room | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total revenue 290,290 284,999 272,265
Total hotel operating expenses 65,311 61,794 56,073
Food and beverage      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total revenue 7,737 8,124 7,303
Total hotel operating expenses 6,218 6,352 5,520
Food and beverage | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total revenue 7,737 8,124 7,303
Total hotel operating expenses 6,218 6,352 5,520
Other      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total revenue 18,077 16,703 13,958
Other | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total revenue 18,077 16,703 13,958
Telephone      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 1,360 1,439 1,449
Telephone | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 1,360 1,439 1,449
Other hotel operating      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 4,127 3,712 3,488
Other hotel operating | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 4,127 3,712 3,488
General and administrative      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 28,826 28,884 26,085
General and administrative | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 28,826 28,884 26,086
Franchise and marketing fees      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 25,355 24,897 23,674
Franchise and marketing fees | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 25,355 24,897 23,674
Advertising and promotions      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 6,229 6,085 5,397
Advertising and promotions | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 6,229 6,085 5,397
Utilities      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 13,161 13,007 12,048
Utilities | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 13,161 13,007 12,048
Repairs and maintenance      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 16,516 15,837 14,145
Repairs and maintenance | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 16,516 15,837 14,145
Management fees paid to related parties | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 10,733 10,557 10,133
Management fees paid to related parties | Related Party      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 10,733 10,557 10,133
Insurance      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 3,340 2,822 2,746
Insurance | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Total hotel operating expenses 3,340 2,822 2,746
Property taxes, ground rent and insurance | Reportable Segment      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Property taxes, ground rent and insurance $ 23,709 $ 23,507 $ 21,210