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Related Party Transactions (Tables) | 3 Months Ended
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Mar. 31, 2017
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table summarizes the advisory services fees incurred (in thousands):
| Three Months Ended March 31,
| 2017 |  | 2016
Advisory services fee |  |  |
Base advisory fee | $ | 2,003 |  |  | $ | 2,025 |
Reimbursable expenses (1) | 547 |  |  | 652 |
Equity-based compensation (2) | (1,685 | ) |  | (613 | )
| $ | 865 |  |  | $ | 2,064 |
________
(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, PSUs, LTIP units and Performance 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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