XML 43 R30.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Sale of Ontario Hospitality Properties, LP | 12 Months Ended
--- | ---
Jan. 31, 2018
Sale Of Ontario Hospitality Properties Lp |
Sale of Ontario Hospitality Properties, LP | 24. SALE OF ONTARIO HOSPITALITY PROPERTIES, LP On June 2, 2017, the Trust sold its Ontario, California hotel to an unrelated third party for approximately $17.5 million, which the Trust received in cash and resulted in a gain of approximately $11.4 million. The Trust used $7.2 million of the proceeds to satisfy its mortgage note payable on the property, approximately $2.4 million to reduce accruals and payables, and retained the remaining proceeds to fund future operations and capital improvements. For the year ended January 31, 2018, Ontario entity had approximately $1,471,000 of revenue, and approximately $2,100,000 of operating expenses. As of January 31, 2018, Ontario entity had no current assets, and approximately $86,000 of current liabilities consisting of accounts payables and accrued expenses. During the years ended January 31, 2018, and January 31, 2017, depreciation/amortization and capital expenses were approximately $178,000 and $699,000, respectively. In addition, there were no significant non-cash operating and investing activities during such period. For the fiscal year ending January 31, 2018, the Ontario entity made discretionary Priority Return payments to unrelated unit holders of approximately $4,916,000 and to the Partnership of approximately $3,098,500.

X
- References No definition available. + Details
Name: | IHT_SaleOfOntarioHospitalityPropertiesLPAbstract
Namespace Prefix: | IHT_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sale of Ontario Hospitality Properties, LP [Text Block] + References No definition available. + Details
Name: | IHT_SaleOfOntarioHospitalityPropertiesLPTextBlock
Namespace Prefix: | IHT_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration