Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

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,
	2020		2019		2018
Current:
Federal	$	—	$	—	$	—
State	3,361		2,327		1,575
Foreign	—		593		667
	3,361		2,920		2,242
Deferred:
Foreign	13,850		(127)		(1,047)
	13,850		(127)		(1,047)
	$	17,211	$	2,793	$	1,195

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,
	2020		2019		2018
Taxes at statutory U.S. federal income tax rate	21.0	%	21.0	%	21.0	%
Nontaxable income of SVC	(21.0)	%	(21.0)	%	(21.0)	%
State and local income taxes, net of federal tax benefit	(1.1)	%	0.7	%	0.8	%
Foreign taxes	(4.4)	%	0.1	%	(0.2)	%
Effective tax rate	(5.5)	%	0.8	%	0.6	%

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,
	2020		2019
Deferred tax assets:
Tax loss carryforwards	$	42,940	$	44,285
Other	3,175		3,612
	46,115		47,897
Valuation allowance	(46,115)		(47,897)
	—		—
Deferred tax liabilities:
Property basis difference	(6,682)		(6,996)
Puerto Rico deferred tax gain	$	(13,850)	$	—
Net deferred tax liabilities	$	(20,532)	$	(6,996)

Schedule of reconciliation of gross unrecognized tax benefits from uncertain tax positions

The following table provides a reconciliation of the beginning and ending balances of gross unrecognized tax benefits from uncertain tax positions in accordance with ASC 740-10-50:

Gross Unrecognized Tax Benefits
As of December 31, 2019	Current Period Increase	As of December 31, 2020
$—	$2,531	$2,531