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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations, Income Statement and Balance Sheet Disclosures
Summarized financial information related to the discontinued operations is as follows:

 
 
For the Year Ended December 31,
 
 
2014
 
2013
 
2012
 
 
(in thousands)
Revenues
 
 
 
 
 
 
Hotel operations
 
$
801

 
$
4,774

 
$
4,573

Total revenues
 
801

 
4,774

 
4,573

Operating Expenses
 
 
 
 
 
 
Hotel operations
 
927

 
3,678

 
3,505

Depreciation and amortization
 

 
526

 
535

Total operating expenses
 
927

 
4,204

 
4,040

Operating income (loss)
 
(126
)
 
570

 
533

Gain on disposal of discontinued operations
 
2,807

 

 

Income from discontinued operations before income taxes
 
2,681

 
570

 
533

Income taxes
 
994

 
211

 
198

Income from discontinued operations, net of income taxes
 
$
1,687

 
$
359

 
$
335


 
 
 
As of December 31, 2014
 
As of December 31, 2013
 
 
(in thousands)
Cash
 
$

 
$
550

Receivables, net
 

 
106

Other current assets
 

 
223

Income taxes receivable
 


20

Total current assets
 

 
899

Property and equipment, at cost, net
 

 
8,816

Total assets
 

 
9,715

 
 
 
 
 
Accounts payable
 
45

 
425

Accrued expenses
 

 
10

Income taxes payable
 
994

 

Total liabilities
 
1,039

 
435

 
 
 
 
 
Net assets of discontinued operations
 
$
(1,039
)
 
$
9,280