Management Agreements and Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Schedule of minimum rents to be received

The number of travel centers, the terms, the annual minimum rent and the deferred rent balances owed to us by TA under our TA leases as of December 31, 2020, were as follows:

	Number of Travel Centers	Initial Term End (1)	Annual Minimum Rent		Deferred Rent (2) (3)
TA No. 1 Lease	36	December 31, 2032	$	49,707	$	10,487
TA No. 2 Lease	36	December 31, 2031	44,077		9,740
TA No. 3 Lease	35	December 31, 2029	42,409		9,602
TA No. 4 Lease	37	December 31, 2033	48,263		9,803
TA No. 5 Lease	35	June 30, 2035	61,654		—
	179		$	246,110	$	39,632

(1)TA has two renewal options of 15 years each under each of our TA leases.

(2)Commencing April 1, 2019, TA is required to pay us $70,458 in 16 quarterly installments of $4,404 for deferred rent TA owes us.

(3)Represents the balance as of December 31, 2020.

As of December 31, 2020, our leases with parties other than our TRSs provide for contractual minimum rents to be paid to us during the remaining current terms as follows:

2021	$	391,108
2022	386,145
2023	367,587
2024	359,875
2025	351,209
Thereafter	2,442,524
Total	$	4,298,448

Schedule of minimum rent payments

As of December 31, 2020, our operating leases provide for contractual minimum rent payments to third parties during the remaining lease terms, as follows:

2021	$	7,334
2022	6,691
2023	6,384
2024	6,282
2025	5,949
Thereafter	163,045
Total lease payments	195,685
Less: imputed interest	(110,761)
Present value of lease liabilities (1)	$	84,924

(1)    The weighted average discount rate used to calculate the lease liability and the weighted average remaining term for our ground leases (assuming all extension options) and our hotel operating leases are approximately 5.49% and 30 years (range of 11 years to 66 years) and 5.96% and 36 years (range of 1 month to 46 years), respectively.