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Indirect Hotel Operating Expenses

3 Months Ended

Mar. 31, 2015

Other Income and Expenses [Abstract]

Indirect Hotel Operating Expenses

11. Indirect Hotel Operating Expenses

Indirect hotel operating expenses consists of the following expenses incurred by the hotels:

		Three months ended March 31, 2015 (unaudited)				Three months ended March 31, 2014 (unaudited)
General and administrative		$	2,574,104			$	2,020,998
Sales and marketing			2,645,062				2,091,222
Repairs and maintenance			1,606,670				1,328,515
Utilities			1,422,778				1,201,014
Franchise fees			884,764				884,305
Management fees, including incentive			789,246				694,834
Insurance			543,386				469,190
Property taxes			952,642				741,345
Other			49,691				52,450
Total indirect hotel operating expenses		$	11,468,343			$	9,483,873

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The entire disclosure for other operating income and other operating expense items.

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