Other Current Assets

3 Months Ended

Mar. 31, 2019

Assets, Current [Abstract]

Other Current Assets

Other Current Assets

Other current assets consist of the following:

	March 31, 2019		December 31, 2018
	(in thousands)
Prepaid expenses	$	22,259	$	18,412
Other current assets	5,676		6,831
Land held for sale	—		7,000
Total	$	27,935	$	32,243

Land held for sale represents certain parcels of land previously acquired by the Company as part of its program to incent franchise development in strategic markets for the Company's Cambria Hotels brand. During the three months ended March 31, 2019, the Company sold one parcel of land with a total book value of $7.0 million recognizing a gain on sale of $0.1 million.