Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of components of provision for income taxes

Our provision (benefit) for income taxes consists of the following:

	For the Year Ended December 31,
	2019			2018			2017
Current:
Federal (1)	$	—		$	—		$	(5,431	)
State	2,327			1,575			1,713
Foreign	593			667			670
	2,920			2,242			(3,048		)
Deferred:
Foreign	(127		)	(1,047		)	(236		)
	(127		)	(1,047		)	(236		)
	$	2,793		$	1,195		$	(3,284	)

(1)

We realized a $5,431 tax benefit in 2017 related to the enactment of the Tax Cuts and Jobs Act, or the Tax Act.

Schedule of reconciliation of effective tax rate and the U.S. Federal statutory income tax rate

A reconciliation of our effective tax rate and the current U.S. Federal statutory income tax rate is as follows:

	For the Year Ended December 31,
	2019		2018		2017
Taxes at statutory U.S. federal income tax rate	21.0	%	21.0	%	35.0	%
Nontaxable income of SVC	(21.0	)%	(21.0	)%	(35.0	)%
Minimum tax credit refund	0.0	%	0.0	%	(2.6	)%
State and local income taxes, net of federal tax benefit	0.7	%	0.8	%	0.8	%
Foreign taxes	0.1	%	(0.2	)%	0.2	%
Tax Act adjustment	0.0	%	0.0	%	21.8	%
Change in valuation allowance	0.0	%	0.0	%	(21.8	)%
Other differences, net	0.0	%	0.0	%	0.0	%
Effective tax rate	0.8	%	0.6	%	(1.6	)%

Schedule of significant components of deferred tax assets and liabilities

Significant components of our deferred tax assets and liabilities are as follows:

	As of December 31,
	2019			2018
Deferred tax assets:
Tax credits	$	—		$	—
Tax loss carryforwards	44,285			62,436
Other	3,612			2,829
	47,897			65,265
Valuation allowance	(47,897		)	(65,265		)
	—			—
Deferred tax liabilities:
Property basis difference	(6,996		)	(7,174		)
Net deferred tax liabilities	$	(6,996	)	$	(7,174	)