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Summary of Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2014
Investments, All Other Investments [Abstract]  
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments
Carrying amounts and estimated fair values of financial instruments, for periods indicated, were as follows (in thousands):
 
September 30, 2014
 
December 31, 2013
 
Carrying
Value
 
Estimated
Fair Value
 
Carrying
Value
 
Estimated
Fair Value
Financial assets and liabilities measured at fair value:
 
 
 
 
 
 
 
Marketable securities
$
44,273

 
$
44,273

 
$
29,601

 
$
29,601

Derivative assets, net
413

 
413

 
19

 
19

Liabilities associated with marketable securities and other
4,302

 
4,302

 
3,764

 
3,764

 
 
 
 
 
 
 
 
Financial assets not measured at fair value:
 
 
 
 
 
 
 
Cash and cash equivalents
$
280,574

 
$
280,574

 
$
128,780

 
$
128,780

Restricted cash
107,356

 
107,356

 
61,498

 
61,498

Accounts receivable
29,153

 
29,153

 
21,791

 
21,791

Note receivable
3,509

 
$2,983 to $3,297

 
3,384

 
$2,800 to $3,094

Due from affiliates
1,748

 
1,748

 
1,302

 
1,302

Due from Ashford Prime OP, net
3,815

 
3,815

 
13,042

 
13,042

Due from related parties
1,200

 
1,200

 

 

Due from third-party hotel managers
14,635

 
14,635

 
33,728

 
33,728

 
 
 
 
 
 
 
 
Financial liabilities not measured at fair value:
 
 
 
 
 
 
 
Indebtedness
$
1,959,608

 
$ 1,903,723 to $2,104,118
 
$
1,818,929

 
$ 1,786,651 to $1,974,714
Accounts payable and accrued expenses
93,536

 
93,536

 
70,683

 
70,683

Dividends payable
21,889

 
21,889

 
20,735

 
20,735

Due to related party, net
1,461

 
1,461

 
270

 
270

Due to third-party hotel managers
1,629

 
1,629

 
958

 
958