Investment in Unconsolidated Entities (Tables)

12 Months Ended

Dec. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

The following table summarizes our carrying value and ownership interest in unconsolidated entities:

	December 31, 2022			December 31, 2021
Carrying value of the investment in OpenKey (in thousands)	$	2,103		$	2,771
Ownership interest in OpenKey	15.1		%	16.7		%
Carrying value of the investment in 815 Commerce MM (in thousands)	$	8,482		$	8,482
Ownership interest in 815 Commerce MM	32.5		%	32.5		%
Carrying value of the Napa resorts investment (in thousands)	$	8,991		$	—

The following table summarizes our equity in earnings (loss) of unconsolidated entities (in thousands):

	Year Ended December 31,
	2022		2021		2020
OpenKey	$	(668)	$	(540)	$	(448)
815 Commerce MM	—		(18)		—
Napa resorts investment	(136)		—		—
	$	(804)	$	(558)	$	(448)