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Investment in Unconsolidated Entities (Tables)
9 Months Ended
Sep. 30, 2015
PIM Highland JV [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of Preliminary Balance Sheet
The following tables summarize the consolidated balance sheet as of December 31, 2014 and the consolidated statements of operations for the period from January 1, 2015 through March 5, 2015 and the three and nine months ended September 30, 2014 of the PIM Highland JV (in thousands):
PIM Highland JV
Condensed Consolidated Balance Sheet
 
December 31, 2014
Total assets
$
1,394,806

Total liabilities
1,166,682

Members’ equity
228,124

Total liabilities and members’ equity
$
1,394,806

 
 
Our ownership interest in PIM Highland JV
$
144,784

Summary of Preliminary Statement of Operations
PIM Highland JV
Condensed Consolidated Statements of Operations
 
Three Months Ended September 30,
 
Period from January 1 to March 5,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Total revenue
$

 
$
118,659

 
$
76,695

 
$
353,562

Total operating expenses

 
(99,074
)
 
(69,949
)
 
(294,740
)
Operating income

 
19,585

 
6,746

 
58,822

Interest income and other

 
17

 
17

 
43

Interest expense, amortization and write-offs of deferred loan costs, discounts and premiums and exit fees

 
(14,570
)
 
(10,212
)
 
(44,904
)
Other expenses

 

 

 
(44
)
Income tax expense

 
(1,163
)
 
(1,222
)
 
(2,816
)
Net income (loss)
$

 
$
3,869

 
$
(4,671
)
 
$
11,101

Our equity in earnings (loss) of PIM Highland JV
$

 
$
2,128

 
$
(3,836
)
 
$
6,102

Ashford Prime OP [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of Preliminary Balance Sheet
The following tables summarize the condensed consolidated balance sheets as of December 31, 2014 and the condensed consolidated statements of operations for the three and nine months ended September 30, 2015 and 2014, of Ashford Prime OP (in thousands):
Ashford Hospitality Prime Limited Partnership
Condensed Consolidated Balance Sheet
 
December 31, 2014
Total assets
$
1,229,508

Total liabilities
805,510

Partners’ capital
423,998

Total liabilities and partners’ capital
$
1,229,508

Our ownership interest in Ashford Prime OP
$
54,907

Summary of Preliminary Statement of Operations
Ashford Hospitality Prime Limited Partnership
Condensed Consolidated Statements of Operations
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Total revenue
$
90,759

 
$
84,784

 
$
261,385

 
$
230,557

Total operating expenses
(77,503
)
 
(70,086
)
 
(220,796
)
 
(196,270
)
Operating income
13,256

 
14,698

 
40,589

 
34,287

Equity in loss of unconsolidated entity
(3,399
)
 

 
(4,219
)
 

Interest income
12

 
10

 
21

 
20

Other income (expense)
(59
)
 

 
1,233

 

Interest expense and amortization and write-offs of loan costs
(9,348
)
 
(10,137
)
 
(28,114
)
 
(29,159
)
Unrealized loss on investments
(5,621
)
 

 
(5,621
)
 

Unrealized gain (loss) on derivatives
(2,061
)
 
3

 
(2,101
)
 
(63
)
Income tax expense
(62
)
 
(185
)
 
(371
)
 
(622
)
Net income (loss)
(7,282
)
 
4,389

 
1,417

 
4,463

(Income) loss from consolidated entities attributable to noncontrolling interests
(1,090
)
 
154

 
(1,068
)
 
741

Net income (loss) attributable to Ashford Prime OP
$
(8,372
)
 
$
4,543

 
$
349

 
$
5,204

Our equity in earnings (loss) of Ashford Prime OP
$
(453
)
 
$
703

 
$
874

 
$
692

Ashford Inc. [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of Preliminary Balance Sheet
The following tables summarize the condensed balance sheets as of September 30, 2015 and December 31, 2014 and the condensed statements of operations for the three and nine months ended September 30, 2015 and 2014 of Ashford Inc. (in thousands):
Ashford Inc.
Condensed Balance Sheets
 
September 30, 2015
 
December 31, 2014
Total assets
$
173,821

 
$
49,230

Total liabilities
45,444

 
33,912

Redeemable noncontrolling interests in Ashford LLC
286

 
424

Total stockholders’ equity of Ashford Inc.
26,091

 
14,981

Noncontrolling interests in consolidated entities
102,000

 
(87
)
Total equity
128,091

 
14,894

Total liabilities and equity
$
173,821

 
$
49,230

Our ownership interest in Ashford Inc.
$
5,857

 
$
7,099

Summary of Preliminary Statement of Operations
Ashford Inc.
Condensed Statements of Operations
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Total revenue
$
14,496

 
$
3,020

 
$
42,103

 
$
9,245

Total operating expenses
(13,219
)
 
(11,882
)
 
(45,600
)
 
(40,360
)
Operating income (loss)
1,277

 
(8,862
)
 
(3,497
)
 
(31,115
)
Unrealized loss on investment in unconsolidated entity
(1,954
)
 

 
(3,020
)
 

Unrealized loss on investments
(7,861
)
 

 
(10,851
)
 

Realized gain on investments
35

 

 
1,070

 

Other
385

 

 
599

 

Income tax expense
(1,036
)
 
(9
)
 
(1,500
)
 
(44
)
Net loss
(9,154
)
 
(8,871
)
 
(17,199
)
 
(31,159
)
Loss from consolidated entities attributable to noncontrolling interests
9,208

 
170

 
13,323

 
170

Net loss attributable to redeemable noncontrolling interests in Ashford LLC

 

 
10

 

Net income (loss) attributable to Ashford Inc.
$
54

 
$
(8,701
)
 
$
(3,866
)
 
$
(30,989
)
Our equity in earnings (loss) of Ashford Inc.
$
16

 
$

 
$
(1,242
)
 
$

AIM REHE Fund [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of Preliminary Balance Sheet
The following tables summarize the consolidated balance sheet as of  September 30, 2015 and the consolidated statements of operations for the three and nine months ended September 30, 2015 of the REHE Fund (in thousands):
AIM Real Estate Hedged Equity (U.S.) Fund, LP
Condensed Balance Sheet
 
 
September 30, 2015
Total assets
 
$
103,954

Total liabilities
 
11

Partners’ capital
 
103,943

Total liabilities and partners’ capital
 
$
103,954

Our ownership interest in the AIM REHE Fund
 
$
54,458

Summary of Preliminary Statement of Operations
AIM Real Estate Hedged Equity (U.S.) Fund, LP
Condensed Statements of Operations
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2015
 
2015
Total investment income
 
$
508

 
$
732

Net expenses
 
(205
)
 
(235
)
Net investment income
 
303

 
497

Net unrealized loss on investments
 
(7,839
)
 
(10,829
)
Net realized gain on investments
 
29

 
1,064

Net loss attributable to the REHE Fund
 
$
(7,507
)
 
$
(9,268
)
Our equity in loss of the REHE Fund
 
$
(3,932
)
 
$
(4,880
)