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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2020
Operating Leases, Rent Expense, Net [Abstract]  
Operating Lease, Lease Income [Table Text Block]
The lease revenue recognized during the years ended December 31, 2020 and 2019 consisted of the following:
For the year ended December 31,
20202019
Lease revenue relating to lease payments (1)$19,257 $56,796 
Lease revenue relating to percentage rent lease payments4,611 139,899 
Total related party lease revenue$23,868 $196,695 
Lease, Cost [Table Text Block]
The Company's ground leases consisted of the following (in millions):

Ground Lease Expense
For the year ended December 31,
Hotel Property NameInitial Term ExpirationExtension Term(s) Expiration202020192018 (1)
Wyndham Boston Beacon Hill2028$0.4 $0.9 $0.9 
Wyndham San Diego Bayside20294.1 4.8 4.8 
DoubleTree Suites by Hilton Orlando Lake Buena Vista203220570.3 0.9 0.8 
Wyndham Pittsburgh University Center203820830.7 0.7 0.8 
Embassy Suites San Francisco Airport Waterfront20591.2 2.4 2.3 
Wyndham New Orleans French Quarter20650.5 0.5 0.5 
$7.2 $10.2 $10.1 

(1) Excludes $6.5 million of ground lease expense related to hotel properties sold during the year ended December 31, 2018.
Schedule of Future Minimum Rental Payments for Operating Leases
The future lease payments for the Company's operating leases are as follows (in thousands):
December 31, 2020
2021$4,909 
20224,968 
20234,990 
20245,011 
20255,033 
Thereafter108,974 
Total future lease payments133,885 
Imputed interest(87,310)
Lease liabilities$46,575 


The following table presents certain information related to the Company's operating leases as of December 31, 2020:
Weighted average remaining lease term32 years
Weighted average discount rate6.85 %