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Taxes, Insurance and Lease Expense (Tables)
3 Months Ended
Mar. 31, 2015
Taxes, Insurance and Lease Expenses [Abstract]  
Schedule of Taxes, Insurance and Lease Expense
Taxes, insurance and lease expense from continuing operations were comprised of the following (in thousands):
 
Three Months Ended
 
March 31,
 
2015
 
2014
Hotel lease expense(a) 
$
2,104

 
$
10,391

Land lease expense(b) 
3,059

 
2,462

Real estate and other taxes
7,860

 
8,109

Property insurance, general liability insurance and other
1,953

 
2,671

  Total taxes, insurance and lease expense
$
14,976

 
$
23,633


(a)
Hotel lease expense is recorded by the consolidated operating lessees of hotels owned by unconsolidated entities and is partially (generally 49%) offset through noncontrolling interests in other partnerships. Our 50% share of the corresponding lease income is recorded through equity in income from unconsolidated entities.  Hotel lease expense includes percentage rent of $936,000 and $4.9 million for the three months ended March 31, 2015 and 2014, respectively, and reflects a decrease attributable to the unwinding of our 10-hotel unconsolidated joint ventures in July 2014.

(b)
Land lease expense includes percentage rent of $1.5 million and $1.0 million for the three months ended March 31, 2015 and 2014, respectively.