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Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2019
Related Party Transactions [Abstract] |
Schedule of related party transactions | The following table presents the fees related to our hotel and project management agreements with Remington Lodging prior to its transactions with Ashford Inc. (in thousands):
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Hotel management fees, including incentive hotel management fees | $ | 1,738 |  |  | $ | 1,762 |  |  | $ | 1,748 |
Market service and project management fees | — |  |  | 3,328 |  |  | 3,972 |
Corporate general and administrative | 297 |  |  | 333 |  |  | 286 |
Total | $ | 2,035 |  |  | $ | 5,423 |  |  | $ | 6,006 |
The following tables summarize the entities in which our advisor has an interest with which we or our hotel properties contracted for products and services, the amounts recorded by us for those services and the applicable classification on our consolidated financial statements (in thousands):
|  |  | Year Ended December 31, 2019
Company |  | Product or Service | Total | Investments in Hotel Properties, net (1) |  | Indebtedness, net (2) |  | Other Hotel Revenue |  | Other Hotel Expenses |  | Management fees |  | Property Taxes, Insurance and Other |  | Advisory Services Fee |  | Corporate General and Administrative |  | Write-off of Premiums, Loan Costs and Exit Fees
Ashford LLC |  | Insurance claims services | $ | 135 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 135 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
J&S Audio Visual |  | Audio visual services | 560 |  | — |  |  | — |  |  | 560 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Lismore Capital |  | Debt placement services | 1,208 |  | — |  |  | (995 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 213 |
OpenKey |  | Mobile key app | 34 |  | — |  |  | — |  |  | — |  |  | 34 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Premier |  | Project management services | 10,123 |  | 9,584 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 539 |  |  | — |  |  | — |
Pure Wellness |  | Hypoallergenic premium rooms | 194 |  | 148 |  |  | — |  |  | — |  |  | 46 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
RED Leisure |  | Watersports activities and travel/transportation services | 946 |  | — |  |  | — |  |  | — |  |  | 946 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Remington Hotels |  | Hotel management services (3) | 572 |  | — |  |  | — |  |  | — |  |  | 323 |  |  | 249 |  |  | — |  |  | — |  |  | — |  |  | — |
|  |  | Year Ended December 31, 2018
Company |  | Product or Service | Total | Investments in Hotel Properties, net (1) |  | Indebtedness, net (2) |  | Other Hotel Expenses |  | Corporate General and Administrative
Ashford LLC |  | Insurance claims services | $ | 137 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 137 |
Lismore Capital |  | Debt placement services | 999 |  | — |  |  | (999 | ) |  | — |  |  | — |
OpenKey |  | Mobile key app | 33 |  | 12 |  |  | — |  |  | 21 |  |  | — |
Pure Wellness |  | Hypoallergenic premium rooms | 265 |  | 228 |  |  | — |  |  | 37 |  |  | — |
Premier |  | Project management services | 3,958 |  | 3,958 |  |  | — |  |  | — |  |  | — |
RED Leisure |  | Watersports activities and travel/transportation services | 720 |  | — |  |  | — |  |  | 720 |  |  | — |
|  |  | Year Ended December 31, 2017
Company |  | Product or Service | Total | Investments in Hotel Properties, net (1) |  | Indebtedness, net (2) |  | Other Hotel Expenses |  | Corporate General and Administrative
Lismore Capital |  | Debt placement services | $ | 224 |  | $ | — |  |  | $ | (224 | ) |  | $ | — |  |  | $ | — |
OpenKey |  | Mobile key app | 10 |  | — |  |  | — |  |  | 10 |  |  | — |
Pure Wellness |  | Hypoallergenic premium rooms | 45 |  | 45 |  |  | — |  |  | — |  |  | — |
________
(1) | Recorded in FF&E and depreciated over the estimated useful life.
(2) | Recorded as deferred loan costs, which are included in “indebtedness, net” on our consolidated balance sheets and amortized over the initial term of the applicable loan agreement.
(3) | Other hotel expenses include incentive hotel management fees and other hotel management costs.
The following table summarizes the components of due to Ashford Inc. (in thousands):
|  |  |  | Due to Ashford Inc.
Company |  | Product or Service |  | December 31, 2019 |  | December 31, 2018
Ashford LLC |  | Advisory services |  | $ | 1,606 |  |  | $ | 2,264 |
Ashford LLC |  | Insurance claims services |  | 44 |  |  | 37 |
J&S Audio Visual |  | Audio visual services |  | 173 |  |  | — |
OpenKey |  | Mobile key app |  | — |  |  | 13 |
Pure Wellness |  | Hypoallergenic premium rooms |  | 3 |  |  | 30 |
Premier |  | Project management services |  | 2,433 |  |  | 1,657 |
RED Leisure |  | Watersports activities and travel/transportation services |  | 85 |  |  | — |
|  |  |  | $ | 4,344 |  |  | $ | 4,001 |
The following table summarizes the advisory services fees incurred (in thousands):
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Advisory services fee |  |  |  |  |
Base advisory fee | $ | 10,834 |  |  | $ | 9,424 |  |  | $ | 8,800 |
Reimbursable expenses (1) | 2,289 |  |  | 2,072 |  |  | 2,017 |
Equity-based compensation (2) | 7,404 |  |  | 6,481 |  |  | (1,683 | )
Incentive fee | — |  |  | 2,035 |  |  | — |
Total | $ | 20,527 |  |  | $ | 20,012 |  |  | $ | 9,134 |
________
(1) | Reimbursable expenses include overhead, internal audit, risk management advisory and asset management services.
(2) | Equity-based compensation is associated with equity grants of Braemar’s common stock, PSUs, LTIP units and Performance LTIP units awarded to officers and employees of Ashford LLC.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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