OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2014

OTHER INTANGIBLE ASSETS

Schedule of intangible assets and liabilities and related accumulated amortization and accretion

	Assets																				Liabilities
September 30, 2014	Acquired Above-Market Leases			Acquired In-Place Leases			Tax Abatement			Advance Bookings			Franchise Affiliation Fee			Acquired Below-Market Ground Lease			Trade-Name and License		Acquired Below-Market Leases
	(in thousands)
Gross balance	$	8,017		$	80,732		$	4,273		$	8,329		$	3,936		$	11,685		$	2,957	$	(63,093	)
Accumulated amortization		(7,574	)		(75,251	)		(1,634	)		(8,329	)		(2,883	)		(1,247	)		—		54,505
	$	443		$	5,481		$	2,639		$	—		$	1,053		$	10,438		$	2,957	$	(8,588	)
Average useful life (in years)		4			6			8			3			10			84			Indefinite		6

	Assets																		Liabilities
December 31, 2013	Acquired Above-Market Leases			Acquired In-Place Leases			Tax Abatement			Advance Bookings			Franchise Affiliation Fee			Acquired Below-Market Ground Lease			Acquired Below-Market Leases
	(in thousands)
Gross balance	$	8,017		$	79,645		$	4,273		$	8,329		$	3,936		$	11,685		$	(61,323	)
Accumulated amortization		(7,052	)		(73,463	)		(1,220	)		(8,139	)		(2,587	)		(1,142	)		52,523
	$	965		$	6,182		$	3,053		$	190		$	1,349		$	10,543		$	(8,800	)
Average useful life (in years)		4			5			8			3			10			84			6

Schedule of future amortization and accretion of acquisition related intangible assets and liabilities

	Assets										Liabilities
Years Ending December 31,	Acquired Above-Market Leases		Acquired In-Place Leases		Tax Abatement		Franchise Affiliation Fee		Acquired Below-Market Ground Lease		Acquired Below-Market Leases
	(in thousands)
2014 (Three months ending December 31, 2014)	$	80	$	529	$	137	$	98	$	35	$	(620	)
2015		241		1,589		551		394		140		(2,430	)
2016		88		1,094		551		394		140		(2,363	)
2017		26		665		551		167		140		(2,260	)
2018		8		415		551		—		140		(824	)
Thereafter		—		1,189		298		—		9,843		(91	)
	$	443	$	5,481	$	2,639	$	1,053	$	10,438	$	(8,588	)