XML 50 R38.htm IDEA: XBRL DOCUMENT v3.4.0.3
Investment in Unconsolidated Entity (Details) - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Jun. 30, 2015
Schedule of Equity Method Investments [Line Items]        
Total assets $ 1,349,712,000   $ 1,352,750,000  
Total liabilities 897,776,000   895,675,000  
Redeemable noncontrolling interests in operating partnership 50,858,000   61,781,000  
Total stockholders' equity of Ashford Inc. 344,510,000   338,859,000  
Noncontrolling interest in consolidated entities (5,668,000)   (5,813,000)  
Total equity 338,842,000   333,046,000  
Total liabilities and equity 1,349,712,000   1,352,750,000  
Total revenue 99,797,000 $ 77,789,000    
Total operating expenses (88,344,000) (69,530,000)    
Operating income 11,453,000 8,259,000    
Income tax expense (370,000) (481,000)    
Net loss (139,000) (425,000)    
Net loss attributable to redeemable noncontrolling interests in operating partnership 150,000 72,000    
Net loss attributable to the Company (134,000) (206,000)    
Our equity in earnings (loss) of the unconsolidated entity (2,650,000) $ 0    
Cost method investments 8,884,000   10,377,000  
Unfunded commitments 0      
Investment in unconsolidated entity 45,715,000   48,365,000  
AQUA U.S. Fund [Member]        
Schedule of Equity Method Investments [Line Items]        
Total assets 100,938,000   106,792,000  
Partners’ capital 100,938,000   106,792,000  
Total liabilities and equity 100,938,000   106,792,000  
Total investment income 18,000      
Net expenses (189,000)      
Net investment income (171,000)      
Net unrealized gain on investments 1,118,000      
Net realized loss on investments (6,801,000)      
Net loss attributable to the Company (5,854,000)      
Our equity in earnings (loss) of the unconsolidated entity (2,650,000)      
Equity method investment, ownership percentage       45.30%
Investment in unconsolidated entity     48,365,000  
Ashford Inc. [Member]        
Schedule of Equity Method Investments [Line Items]        
Total assets 164,799,000   166,991,000  
Total liabilities 31,997,000   30,115,000  
Redeemable noncontrolling interests in operating partnership 1,119,000   240,000  
Total stockholders' equity of Ashford Inc. 30,565,000   32,165,000  
Noncontrolling interest in consolidated entities 101,118,000   104,471,000  
Total equity 131,683,000   136,636,000  
Total liabilities and equity 164,799,000   166,991,000  
Total revenue 13,409,000      
Total operating expenses (13,921,000)      
Operating income (512,000)      
Equity in loss of unconsolidated entities (1,460,000)      
Net unrealized gain on investments (5,684,000)      
Other (102,000)      
Income tax expense (640,000)      
Net loss (8,398,000)      
Loss from consolidated entities attributable to noncontrolling interests 6,548,000      
Net loss attributable to redeemable noncontrolling interests in operating partnership 118,000      
Net loss attributable to the Company (1,732,000)      
Our equity in earnings (loss) of the unconsolidated entity $ (1,493,000)      
Ownership percentage of cost method investment 9.70%      
Cost method investments     $ 10,377,000  
Investment owned (in shares) 195