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Investment in Unconsolidated Entity (Tables)
 12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Summarized financial information
The following tables summarize the condensed balance sheets as of December 31, 2017 and 2016, and the condensed statements of operations for the years ended December 31, 2017, 2016 and 2015, of Ashford Inc. (in thousands):
Ashford Inc.
Condensed Consolidated Balance Sheets
 
 
December 31, 2017
 
December 31, 2016
Total assets
 
$
114,810

 
$
129,797

Total liabilities
 
78,742

 
38,168

Redeemable noncontrolling interests
 
5,111

 
1,480

Total stockholders’ equity of Ashford Inc.
 
30,185

 
37,377

Noncontrolling interests in consolidated entities
 
772

 
52,772

Total equity
 
30,957

 
90,149

Total liabilities and equity
 
$
114,810

 
$
129,797

Our investment in Ashford Inc., at fair value
 
$
18,124

 
$
8,407

Ashford Inc.
Condensed Consolidated Statements of Operations
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
Total revenue
 
$
81,573

 
$
67,607

 
$
58,981

Total operating expenses
 
(92,095
)
 
(70,064
)
 
(60,332
)
Operating loss
 
(10,522
)
 
(2,457
)
 
(1,351
)
Realized and unrealized gain (loss) on investment in unconsolidated entity
 
—

 
(1,460
)
 
(2,141
)
Realized and unrealized gain (loss) on investments
 
(91
)
 
(7,787
)
 
(7,600
)
Other
 
142

 
81

 
1,114

Income tax (expense) benefit
 
(9,723
)
 
(780
)
 
(2,066
)
Net income (loss)
 
(20,194
)
 
(12,403
)
 
(12,044
)
(Income) loss from consolidated entities attributable to noncontrolling interests
 
358

 
8,860

 
10,852

Net (income) loss attributable to redeemable noncontrolling interests
 
1,484

 
1,147

 
2

Net gain (loss) attributable to Ashford Inc.
 
$
(18,352
)
 
$
(2,396
)
 
$
(1,190
)
Our unrealized gain (loss) on investment in Ashford Inc.
 
$
9,717

 
$
(1,970
)
 
$
(7,609
)