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Investment in Unconsolidated Entity (Tables)
 3 Months Ended
Mar. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Ashford Inc.
Condensed Consolidated Balance Sheets
(unaudited)
 
 
March 31, 2017
 
December 31, 2016
Total assets
 
$
91,154

 
$
129,797

Total liabilities
 
51,278

 
38,168

Redeemable noncontrolling interests
 
1,671

 
1,480

Total stockholders’ equity of Ashford Inc.
 
37,877

 
37,377

Noncontrolling interests in consolidated entities
 
328

 
52,772

Total equity
 
38,205

 
90,149

Total liabilities and equity
 
$
91,154

 
$
129,797

Our investment in Ashford Inc., at fair value
 
$
11,498

 
$
8,407


Ashford Inc.
Condensed Consolidated Statements of Operations
(unaudited)
 
 
 
Three Months Ended March 31,
 
 
 
2017
 
2016
Total revenue
 
 
$
13,013

 
$
13,409

Total operating expenses
 
 
(15,149
)
 
(13,921
)
Operating income (loss)
 
 
(2,136
)
 
(512
)
Realized and unrealized gain (loss) on investment in unconsolidated entity
 
 
—

 
(1,460
)
Realized and unrealized gain (loss) on investments
 
 
(75
)
 
(5,684
)
Other
 
 
118

 
(102
)
Income tax (expense) benefit
 
 
(630
)
 
(640
)
Net income (loss)
 
 
(2,723
)
 
(8,398
)
(Income) loss from consolidated entities attributable to noncontrolling interests
 
 
(25
)
 
6,548

Net (income) loss attributable to redeemable noncontrolling interests
 
 
363

 
118

Net gain (loss) attributable to Ashford Inc.
 
 
$
(2,385
)
 
$
(1,732
)
Our unrealized gain (loss) on investment in Ashford Inc.
 
 
$
3,091

 
$
(1,493
)