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ACQUISITIONS AND DISPOSITIONS (Tables)
3 Months Ended
Mar. 31, 2016
ACQUISITIONS AND DISPOSITIONS  
Schedule of assets sold to third party

Property

 

Asset Type

 

Date of Sale

 

Rooms

 

Sales
Price

 

Gain on
Sale

 

 

 

 

 

 

 

 

 

(in thousands)

 

Courtyard Oakland, Oakland, CA

 

Hotel

 

February 2, 2016

 

 

162 

 

$

43,800 

 

$

24,739