XML 50 R28.htm IDEA: XBRL DOCUMENT
v3.20.1

Intangible Assets, net | 12 Months Ended
--- | ---
Dec. 31, 2019
Intangible Assets, net and Intangible Liabilities, net [Abstract] |
Intangible Assets, net | Intangible Assets, net Intangible assets, net consisted of the following (in thousands):
| December 31,
| 2019 |  | 2018
Cost | $ | 5,682 |  |  | $ | 29,732 |
Accumulated amortization | (663 | ) |  | (2,054 | )
| $ | 5,019 |  |  | $ | 27,678 |
As of December 31, 2018, intangible assets represented favorable market-rate leases which relate to the acquisitions of the Hilton La Jolla Torrey Pines hotel in La Jolla, CA and the Bardessono Hotel in Yountville, CA, which are being amortized over the lease terms with expiration dates of 2067 and 2105, respectively. Intangible assets also include the customer relationships associated with the Ritz-Carlton, Sarasota acquisition on April 4, 2018. The customer relationships are being amortized over the 15 year expected life. Prior to June 1, 2018 we held an intangible liability that represented an unfavorable market-rate lease which related to the acquisition of the Tampa Renaissance in Tampa, FL, which was being amortized over the remaining initial lease term that was set to expire in 2080. The hotel property was sold on June 1, 2018. The unamortized balance was written off as of the time of the sale and included in the calculation of gain/loss. See note 5. Following the adoption of ASC 842 on January 1, 2019, we derecognized the intangible assets associated with favorable market-rate leases where we are the lessee in the amount of $22.3 million. The carrying amount of the ROU assets was then adjusted by the corresponding amount. See notes 2 and 6. As a result, as of December 31, 2019, intangible assets include the customer relationships associated with the Ritz-Carlton, Sarasota acquisition only. For the years ended December 31, 2019, 2018 and 2017, amortization related to intangible assets was $379,000, $549,000 and $301,000, respectively, and amortization related to the intangible liability was $0, $23,000 and $56,000, respectively. Estimated future amortization expense for intangible assets, net for each of the next five years and thereafter is as follows (in thousands):
| Intangible Assets, net
2020 | $ | 379 |
2021 | 379 |
2022 | 379 |
2023 | 379 |
2024 | 379 |
Thereafter | 3,124 |
Total | $ | 5,019 |

X
- Definition Intangible Assets, net and Intangible Liabilities, net [Abstract] + References No definition available. + Details
Name: | bhr_IntangibleAssetsnetandIntangibleLiabilitiesnetAbstract
Namespace Prefix: | bhr_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Intangible Assets, net and Intangible Liabilities, net [Text Block] + References No definition available. + Details
Name: | bhr_IntangibleAssetsnetandIntangibleLiabilitiesnetTextBlock
Namespace Prefix: | bhr_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration