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Investment in Unconsolidated Entity (Tables)
 6 Months Ended
Jun. 30, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Ashford Inc.
Condensed Consolidated Balance Sheets
(unaudited)
 
June 30, 2018
 
December 31, 2017
Total assets
$
138,145

 
$
114,810

Total liabilities
90,331

 
78,742

Redeemable noncontrolling interests
4,852

 
5,111

Total stockholders’ equity of Ashford Inc.
41,541

 
30,185

Noncontrolling interests in consolidated entities
1,421

 
772

Total equity
42,962

 
30,957

Total liabilities and equity
$
138,145

 
$
114,810

Our investment in Ashford Inc., at fair value
$
12,628

 
$
18,124


Ashford Inc.
Condensed Consolidated Statements of Operations
(unaudited)
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Total revenue
$
54,811

 
$
19,639

 
$
102,979

 
$
32,652

Total operating expenses
(43,941
)
 
(18,221
)
 
(97,145
)
 
(33,370
)
Operating income (loss)
10,870

 
1,418

 
5,834

 
(718
)
Realized and unrealized gain (loss) on investments
—

 
(16
)
 
—

 
(91
)
Other
(333
)
 
10

 
(426
)
 
128

Income tax (expense) benefit
(1,605
)
 
(8,643
)
 
(2,311
)
 
(9,273
)
Net income (loss)
8,932

 
(7,231
)
 
3,097

 
(9,954
)
(Income) loss from consolidated entities attributable to noncontrolling interests
118

 
190

 
291

 
165

Net (income) loss attributable to redeemable noncontrolling interests
(90
)
 
332

 
(151
)
 
695

Net income (loss) attributable to Ashford Inc.
$
8,960

 
$
(6,709
)
 
$
3,237

 
$
(9,094
)
Our unrealized gain (loss) on investment in Ashford Inc.
$
(6,024
)
 
$
(1,563
)
 
$
(5,496
)
 
$
1,528