Real Estate Properties (Tables)

12 Months Ended

Dec. 31, 2022

Real Estate [Abstract]

Schedule of allocation of purchase prices by location

Our allocation of the purchase price of each of our acquisitions based on the estimated fair value of the acquired assets and assumed liabilities is presented in the table below. We accounted for these transactions as acquisitions of assets.

Acquisition Date	Location	Property Type	Rooms or Square Feet	Purchase Price (1)		Land		Land Improvements		Building and Improvements		Furniture, Fixtures and Equipment		Held For Sale		Intangible Assets
Properties acquired during the year ended December 31, 2022
9/12/2022	Stoughton, MA	Land	—	$	2,766	$	2,766	$	—	$	—	$	—	$	—	$	—
Properties acquired during the year ended December 31, 2021
3/9/2021	Nashville, TN	Land	—	$	7,709	$	7,709	$	—	$	—	$	—	$	—	$	—
Properties acquired during the year ended December 31, 2020
3/12/2020	Two states	Net Lease	6,696	$	7,071	$	880	$	—	$	5,363	$	—	$	—	$	828

(1)Includes acquisition related costs.

Schedule of sale of properties

During the years ended December 31, 2022, 2021 and 2020 we sold 86, 18 and 39 properties, respectively, for an aggregate sales price of $559,848, $52,332 and $174,172, respectively, excluding closing costs, as presented in the table below. The sales of these properties in the table below do not represent significant dispositions individually or in the aggregate nor do they represent a strategic shift. As a result, the results of the operations of these properties are included in continuing operations through the date of sale in our consolidated statements of comprehensive income (loss).

Year of Sale	Property Type	Number of Properties	Rooms or Suites/Square Feet	Gross Sales Price		Gain/(Loss) on Sale
Properties sold during the year ended December 31, 2022
2022	Hotels	65	8,296	$	543,413	$	48,202
2022	Net Lease	21	138,638	16,435		(384)
		86	8,296 / 138,638	$	559,848	$	47,818
Properties sold during the year ended December 31, 2021
2021	Hotels	7	669	$	40,552	$	9,590
2021	Net Lease	11	97,276	11,780		1,932
		18	669 / 97,276	$	52,332	$	11,522
Properties sold during the year ended December 31, 2020
2020	Hotels	18	2,046	$	85,787	$	17,550
2020	Net Lease	21	1,375,483	88,385		(15,289)
		39	2,046 / 1,375,483	$	174,172	$	2,261