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Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investment Ownership Interests and Financial Information
Investment in affiliate ownership interests at December 31, 2021 and 2020 are as follows:
Ownership Interest
December 31, 2021December 31, 2020
Main Street WP Hotel Associates, LLC50 %50 %
CS Hotel 30W46th, LLC (2)
— %25 %
CS Hotel West Orange, LLC50 %50 %
City Market Hotel Development, LLC43 %43 %
CS Woodlands, LLC50 %50 %
926 James M. Wood Boulevard, LLC75 %75 %
CS Dallas Elm, LLC (2)
— %45 %
Choice Hotels Canada, Inc. (1)
50 %50 %
Pine Street Long Beach LLC (2)
— %50 %
SY Valley Vineyard Resorts LLC (2)
— %50 %
CS Lakeside Santa Clara LLC50 %50 %
BL 219 Holdco, LP50 %50 %
Integrated 32 West Randolph LLC20 %20 %
(1) Non-VIE investments
(2) The Company sold its ownership interest in the equity method investment or received distributions resulting from the sale of underlying assets of the affiliate during 2021
The following tables present summarized financial information for all unconsolidated ventures in which the Company holds an investment in affiliate that is accounted for under the equity method:
Year Ended December 31,
(in thousands)202120202019
Revenues$35,514 $30,364 $109,896 
Operating (loss) income2,299 (6,494)12,617 
Income (loss) from continuing operations(5,227)(18,366)(1,400)
Net (loss) income(1,593)(18,977)(2,564)
As of December 31,
(in thousands)20212020
Current assets$31,209 $21,046 
Non-current assets242,567 364,531 
Total assets$273,776 $385,577 
Current liabilities$30,365 $25,735 
Non-current liabilities81,090 263,459 
Total liabilities$111,455 $289,194