Schedule III - Real Estate and Accumulated Depreciation (Tables)

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block]




		Initial Costs		Costs Capitalized Subsequent to Acquisition	Gross Amount at December 31, 2019
Description	Debt	Land & Improvements	Building & Improvements	Land, Building & Improvements	Land & Improvements	Buildings & Improvements	Total (1)	Accumulated Depreciation	Date Acquired	Depreciation Life
DoubleTree Suites by Hilton Austin	—	7,072	50,827	827	7,155	51,571	58,726	3,031	2017	15 - 40 years
DoubleTree Suites by Hilton Orlando - Lake Buena Vista	—	896	44,508	752	904	45,252	46,156	2,781	2017	15 - 40 years
Embassy Suites Atlanta - Buckhead	—	31,279	46,015	5,256	31,451	51,099	82,550	2,895	2017	15 - 40 years
Embassy Suites Birmingham	21,744	10,495	33,568	499	10,495	34,067	44,562	2,097	2017	15 - 40 years
Embassy Suites Dallas - Love Field	25,000	6,408	34,694	1,306	6,413	35,995	42,408	2,140	2017	15 - 40 years
Embassy Suites Deerfield Beach - Resort & Spa	28,785	7,527	56,128	3,231	7,682	59,204	66,886	3,502	2017	15 - 40 years
Embassy Suites Fort Lauderdale 17th Street	32,594	30,933	54,592	3,068	31,160	57,433	88,593	3,575	2017	15 - 40 years
Embassy Suites Los Angeles - International Airport South	50,000	13,110	94,733	1,625	13,168	96,300	109,468	5,691	2017	15 - 40 years
Embassy Suites Mandalay Beach - Hotel & Resort	—	35,769	53,280	1,897	35,833	55,113	90,946	3,414	2017	15 - 40 years
Embassy Suites Miami - International Airport	—	14,765	18,099	3,186	15,057	20,993	36,050	1,454	2017	15 - 40 years
Embassy Suites Milpitas Silicon Valley	—	43,157	26,399	9,914	43,369	36,101	79,470	2,280	2017	15 - 40 years
Embassy Suites Minneapolis - Airport	34,961	7,248	41,202	15,930	9,673	54,707	64,380	3,767	2017	15 - 40 years
Embassy Suites Orlando - International Drive South/Convention Center	—	4,743	37,687	1,351	4,833	38,948	43,781	2,356	2017	15 - 40 years
Embassy Suites Phoenix - Biltmore	21,000	24,680	24,487	2,413	24,719	26,861	51,580	1,694	2017	15 - 40 years
Embassy Suites San Francisco Airport - South San Francisco	—	39,616	55,163	7,488	39,654	62,613	102,267	3,866	2017	15 - 40 years
Embassy Suites San Francisco Airport - Waterfront	—	3,698	85,270	3,791	3,961	88,798	92,759	5,720	2017	15 - 40 years
San Francisco Marriott Union Square	—	46,773	107,841	12,948	46,876	120,686	167,562	7,417	2017	15 - 40 years
The Knickerbocker New York (2)	85,000	113,613	119,453	1,613	113,622	121,057	234,679	7,056	2017	15 - 40 years
The Mills House Wyndham Grand Hotel	—	9,599	68,932	664	9,601	69,594	79,195	4,093	2017	15 - 40 years
Wyndham Boston Beacon Hill	—	174	51,934	1,507	178	53,437	53,615	11,142	2017	10 years
Wyndham Houston - Medical Center Hotel & Suites	—	7,776	43,475	237	7,793	43,695	51,488	2,601	2017	15 - 40 years
Wyndham New Orleans - French Quarter	—	300	72,711	670	300	73,381	73,681	4,348	2017	15 - 40 years




			Initial Costs				Costs Capitalized Subsequent to Acquisition		Gross Amount at December 31, 2019
Description	Debt		Land & Improvements		Building & Improvements		Land, Building & Improvements		Land & Improvements		Buildings & Improvements		Total (1)		Accumulated Depreciation		Date Acquired	Depreciation Life
Wyndham Philadelphia Historic District	—		8,367		51,914		666		8,403		52,544		60,947		3,099		2017	15 - 40 years
Wyndham Pittsburgh University Center	—		154		31,625		286		158		31,907		32,065		1,880		2017	15 - 40 years
Wyndham San Diego Bayside	—		989		29,440		4,364		1,079		33,714		34,793		6,088		2017	11 years
Wyndham Santa Monica At The Pier	—		27,054		45,866		616		27,081		46,455		73,536		2,767		2017	15 - 40 years
	$	299,084	$	496,195	$	1,379,843	$	86,105	$	500,618	$	1,461,525	$	1,962,143	$	100,754

(1) The aggregate cost of real estate for federal income tax purposes was approximately $1.9 billion at December 31, 2019.

(2) In November 2018, the Company's consolidated joint venture entered into an $85.0 million related party mortgage loan with RLJ LP.

The change in the total cost of the hotel properties is as follows:



	Successor									Predecessor
	2019			2018			September 1 through December 31, 2017			January 1 through August 31, 2017
Reconciliation of Land and Buildings and Improvements
Balance at the beginning of the period (1)	$	2,087,622		$	2,398,753		$	2,537,854		$	2,108,117
Add: Improvements	38,256			45,726			22,305			30,403
Less: Sale of hotel properties	(163,735		)	(356,857		)	(161,406		)	(133,922		)
Balance at the end of the period before impairment charges (1)	$	1,962,143		$	2,087,622		$	2,398,753		$	2,004,598
Cumulative impairment charges on the real estate assets owned at the end of the period	—			—			—			(55,145		)
Balance at the end of the period after impairment charges	$	1,962,143		$	2,087,622		$	2,398,753		$	1,949,453

(1)

The balance at the end of the Predecessor period of January 1, 2017 through August 31, 2017 does not equal the balance at the beginning of the Successor period of September 1, 2017 through December 31, 2017 due to the impact of RLJ electing to apply pushdown accounting to the Company's consolidated financial statements in order to reflect the new basis of accounting established by RLJ for the individual assets acquired in the Mergers on August 31, 2017.

The change in the accumulated depreciation of the real estate assets is as follows:



	Successor									Predecessor
	2019			2018			September 1 through December 31, 2017			January 1 through August 31, 2017
Reconciliation of Accumulated Depreciation
Balance at the beginning of the period (1)	$	(60,867	)	$	(18,533	)	$	—		$	(716,376	)
Add: Depreciation for the period	(46,012		)	(51,387		)	(19,518		)	(37,966		)
Less: Sale of hotel properties	6,125			9,053			985			13,838
Balance at the end of the period (1)	$	(100,754	)	$	(60,867	)	$	(18,533	)	$	(740,504	)

(1)