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Hotel Dispositions
 6 Months Ended
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Hotel Dispositions
Hotel Dispositions
On June 1, 2018, the Company sold the Tampa Renaissance hotel for $68.0 million in cash. The sale resulted in a gain of $15.7 million for the year ended December 31, 2018 and was included in “gain (loss) on sale of assets and hotel properties” in our condensed consolidated statements of operations. Since the sale of the hotel property did not represent a strategic shift that has (or will have) a major effect on our operations or financial results, its results of operations were not reported as discontinued operations in our condensed consolidated financial statements.
We included the results of operations of this hotel property through the date of disposition in net income (loss) as shown in our condensed consolidated statements of operations for the three and six months ended June 30, 2018. The following table includes the condensed financial information from this hotel property (in thousands):
 
Three Months Ended June 30,

Six Months Ended June 30,
 
2018

2018
Total hotel revenue
$
7,197

 
$
14,537

Total hotel operating expenses
(2,521
)
 
(7,499
)
Property taxes, insurance and other
(217
)
 
(486
)
Depreciation and amortization
(357
)
 
(1,294
)
Impairment charges
—

 
(12
)
Gain (loss) on sale of hotel properties
15,711

 
15,711

Operating income (loss)
19,813

 
20,957

Interest expense and amortization of loan costs
(303
)
 
(791
)
Income (loss) before income taxes
19,510

 
20,166

(Income) loss before income taxes attributable to redeemable noncontrolling interests in operating partnership
(2,179
)
 
(2,253
)
Income (loss) before income taxes attributable to the Company
$
17,331

 
$
17,913