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Hotel Disposition (Tables)
12 Months Ended
Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Condensed Financial Information from Hotel Property The following table includes the consolidated financial information from this hotel property (in thousands):
Year Ended December 31,
202420232022
Total hotel revenue$27,901 $50,714 $49,076 
Total hotel operating expenses(17,194)(30,999)(29,336)
Property taxes, insurance and other(1,704)(2,876)(2,532)
Depreciation and amortization(2,328)(4,176)(4,118)
Gain (loss) on disposition of assets and hotel property
88,115 — — 
Operating income (loss)94,790 12,663 13,090 
Interest income273 346 73 
Interest expense and amortization of loan costs(3,856)(6,069)(3,202)
Write-off of loan costs and exit fees(101)— (21)
Income (loss) before income taxes91,106 6,940 9,940 
Income from consolidated entities attributable to noncontrolling interests(27,995)(3,335)(3,419)
(Income) loss before income taxes attributable to redeemable noncontrolling interests in operating partnership(5,028)(247)(502)
Income (loss) before income taxes attributable to the Company$58,083 $3,358 $6,019