XML 44 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Investment in Unconsolidated Entity (Tables)
3 Months Ended
Mar. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Ashford Inc.
Condensed Consolidated Balance Sheets
(unaudited)
 
 
March 31, 2018
 
December 31, 2017
Total assets
 
$
119,597

 
$
114,810

Total liabilities
 
82,830

 
78,742

Redeemable noncontrolling interests
 
4,662

 
5,111

Total stockholders’ equity of Ashford Inc.
 
30,545

 
30,185

Noncontrolling interests in consolidated entities
 
1,560

 
772

Total equity
 
32,105

 
30,957

Total liabilities and equity
 
$
119,597

 
$
114,810

Our investment in Ashford Inc., at fair value
 
$
18,652

 
$
18,124


Ashford Inc.
Condensed Consolidated Statements of Operations
(unaudited)
 
Three Months Ended March 31,
 
2018
 
2017
Total revenue
$
48,168

 
$
13,013

Total operating expenses
(53,204
)
 
(15,149
)
Operating income (loss)
(5,036
)
 
(2,136
)
Realized and unrealized gain (loss) on investments

 
(75
)
Other
(93
)
 
118

Income tax (expense) benefit
(706
)
 
(630
)
Net income (loss)
(5,835
)
 
(2,723
)
(Income) loss from consolidated entities attributable to noncontrolling interests
173

 
(25
)
Net (income) loss attributable to redeemable noncontrolling interests
(61
)
 
363

Net income (loss) attributable to Ashford Inc.
$
(5,723
)
 
$
(2,385
)
Our unrealized gain (loss) on investment in Ashford Inc.
$
528

 
$
3,091