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Related Party Transactions (Tables) | 6 Months Ended
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Jun. 30, 2016
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table summarizes the advisory services fees incurred (in thousands):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
Advisory services fee |  |  |  |  |  |  |  |
Base advisory fee |  | $ | 2,206 |  |  | $ | 2,164 |  |  | $ | 4,231 |  |  | $ | 4,369 |
Reimbursable expenses (1) |  | 645 |  |  | 436 |  |  | 1,297 |  |  | 982 |
Equity-based compensation (2) |  | 2,699 |  |  | 442 |  |  | 2,086 |  |  | 911 |
Incentive fee |  | 285 |  |  | — |  |  | 285 |  |  | — |
|  | $ | 5,835 |  |  | $ | 3,042 |  |  | $ | 7,899 |  |  | $ | 6,262 |
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(1) | Reimbursable expenses include overhead, internal audit, insurance claims advisory and asset management services.
(2) | Equity-based compensation is associated with equity grants of Ashford Prime’s common stock and LTIP units awarded to officers and employees of Ashford LLC.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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