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Hotel Disposition (Tables)
9 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Condensed Financial Information from Hotel Property The following table includes the condensed consolidated financial information from this hotel property (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Total hotel revenue$2,049 $13,688 $27,901 $37,969 
Total hotel operating expenses(1,563)(7,959)(17,130)(22,939)
Property taxes, insurance and other(135)(768)(1,690)(2,107)
Depreciation and amortization(179)(1,052)(2,328)(3,123)
Gain (loss) on disposition of assets and hotel property
88,160 — 88,160 — 
Operating income (loss)88,332 3,909 94,913 9,800 
Interest income55 94 265 252 
Interest expense and amortization of loan costs(318)(1,608)(3,856)(4,557)
Write-off of loan costs and exit fees— — (101)— 
Income (loss) before income taxes88,069 2,395 91,221 5,495 
Income from consolidated entities attributable to noncontrolling interests(26,296)(1,015)(28,024)(2,575)
(Income) loss before income taxes attributable to redeemable noncontrolling interests in operating partnership(4,973)(92)(5,017)(202)
Income (loss) before income taxes attributable to the Company$56,800 $1,288 $58,180 $2,718