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Indirect Hotel Operating Expenses (Tables)
 6 Months Ended
Jun. 30, 2017
Other Income And Expenses [Abstract]  
Summary of Indirect Hotel Operating Expenses

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

 

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

Six Months Ended

 

 

Six Months Ended

 

 

 

 

June 30, 2017

 

 

June 30, 2016

 

 

June 30, 2017

 

 

June 30, 2016

 

 

 

 

(unaudited)

 

 

(unaudited)

 

 

(unaudited)

 

 

(unaudited)

 

General and administrative

 

 

$

3,668,424

 

 

$

3,054,467

 

 

$

6,594,556

 

 

$

6,130,276

 

Sales and marketing

 

 

 

3,463,272

 

 

 

3,517,215

 

 

 

7,149,327

 

 

 

6,964,405

 

Repairs and maintenance

 

 

 

1,657,927

 

 

 

1,874,214

 

 

 

3,368,963

 

 

 

3,701,897

 

Utilities

 

 

 

1,451,410

 

 

 

1,518,805

 

 

 

2,826,307

 

 

 

3,047,767

 

Franchise fees

 

 

 

1,134,886

 

 

 

1,121,058

 

 

 

2,173,075

 

 

 

2,208,979

 

Management fees, including incentive

 

 

 

1,091,288

 

 

 

1,083,313

 

 

 

2,090,649

 

 

 

2,029,396

 

Property taxes

 

 

 

1,565,806

 

 

 

1,531,882

 

 

 

2,979,200

 

 

 

2,825,237

 

Insurance

 

 

 

619,023

 

 

 

671,468

 

 

 

1,225,459

 

 

 

1,365,670

 

Information and telecommunications

 

 

 

397,570

 

 

 

417,923

 

 

 

831,134

 

 

 

837,039

 

Other

 

 

 

555,656

 

 

 

67,541

 

 

 

571,823

 

 

 

113,593

 

Total indirect hotel operating expenses

 

 

$

15,605,262

 

 

$

14,857,886

 

 

$

29,810,493

 

 

$

29,224,260