Taxes, Insurance and Lease Expenses (Tables)

12 Months Ended

Dec. 31, 2015

Taxes, Insurance and Lease Expenses [Abstract]

Schedule of Taxes, Insurance and Lease Expenses

Taxes, insurance and lease expenses from continuing operations were comprised of the following

(in thousands):

	Year Ended December 31,
	2015		2014		2013
Hotel lease expense(a)	$	7,107	$	31,635	$	44,087
Land lease expense(b)	15,458		12,338		11,062
Real estate and other taxes	29,469		31,113		30,325
Property insurance, general liability insurance and other	7,173		9,180		10,068
Total taxes, insurance and lease expense	$	59,207	$	84,266	$	95,542

(a) We record hotel lease expense for the consolidated operating lessees of hotels owned by unconsolidated entities and partially offset this expense through noncontrolling interests in other partnerships (generally 49%). We record our 50% share of the corresponding lease income through equity in income from unconsolidated entities. Hotel lease expense includes percentage rent of $3.4 million, $17.3 million and $22.2 million for the years ended December 31, 2015, 2014, and 2013, respectively, and reflects a decrease attributable to the unwinding of our 10-hotel unconsolidated joint ventures in July 2014.

(b) We include in land lease expense percentage rent of $7.7 million, $6.4 million and $5.4 million for the years ended December 31, 2015, 2014, and 2013, respectively.