ESH Hospitality 10-K 26 Feb 20 2019 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Feb. 21, 2020	Jun. 30, 2019
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2019
Document Transition Report	false
Entity File Number	001-36190
Entity Registrant Name	Extended Stay America, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	46-3140312
Entity Address, Address Line One	11525 N. Community House Road, Suite 100
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28277
City Area Code	980
Local Phone Number	345-1600
Title of 12(b) Security	Common Stock, par value $0.01 per share, of Extended Stay America, Inc.
Trading Symbol	STAY
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 3,158.3
Entity Common Stock, Shares Outstanding		177,254,938
Documents Incorporated by Reference	Portions of our proxy statements relating to the 2020 Annual Meetings of Shareholders are incorporated by reference into Part III of this combined annual report on Form 10-K.
Entity Central Index Key	0001581164
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
ESH Hospitality, Inc.
Document Information [Line Items]
Entity File Number	001-36191
Entity Registrant Name	ESH Hospitality, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-3559821
Entity Address, Address Line One	11525 N. Community House Road, Suite 100
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28277
City Area Code	980
Local Phone Number	345-1600
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001507563
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Common Class A | ESH Hospitality, Inc.
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		250,493,583
Common Class B | ESH Hospitality, Inc.
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		177,254,938

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,373,950 and $1,218,105	$ 3,493,549	$ 3,453,632
Restricted Cash and Cash Equivalents	14,858	15,878
CASH AND CASH EQUIVALENTS	346,812	287,458
Intangible Assets, Net of accumulated amortization	34,183	28,714
GOODWILL	45,192	45,192
ACCOUNTS RECEIVABLE - Net of allowance for doubtful accounts of $2,749 and $2,075	14,020	19,769
DEFERRED TAX ASSETS	16,157	7,309
OTHER ASSETS	65,825	66,258
TOTAL ASSETS	4,030,596	3,924,210
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,993 and $14,879	618,338	1,121,713
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $35,702 and $26,206	2,014,298	1,273,794
Mandatorily redeemable preferred stock - $0.01 par value, $1,000 redemption value, 8.0%, 350,000,000 shares authorized, 7,130 shares issued and outstanding	7,130	7,130
Total discounted lease liability	3,379
Finance lease liability		3,360
Accounts payable and accrued liabilities	211,181	207,574
Total liabilities	2,854,326	2,613,571
Commitments and Contingencies
EQUITY:
Common stock	1,795	1,882
Additional paid in capital	742,397	749,219
(Accumulated deficit) retained earnings	(48,283)	32,432
Accumulated other comprehensive income	383	2,488
Total Extended Stay America, Inc. shareholders’ equity	696,292	786,021
Noncontrolling interests	479,978	524,618
Total equity	1,176,270	1,310,639
TOTAL LIABILITIES AND EQUITY	$ 4,030,596	$ 3,924,210

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accumulated depreciation	$ 1,373,950,000	$ 1,218,105,000
Accumulated amortization of finite lived intangible assets	13,133,000	11,065,000
Allowance for doubtful accounts	$ 2,749,000	$ 2,075,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,500,000,000	3,500,000,000
Common stock, shares issued (in shares)	179,483,397	188,219,605
Common stock, shares outstanding (in shares)	179,483,397	188,219,605
Mandatorily Redeemable Preferred Stock
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, redemption value (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, dividend rate (as a percent)	8.00%	8.00%
Preferred stock, shares authorized (in shares)	350,000,000	350,000,000
Preferred stock, shares issued (in shares)	7,130,000	7,130,000
Preferred stock, shares outstanding (in shares)	7,130,000	7,130,000
Term loan facility
Unamortized deferred financing costs and debt discount	$ 10,993,000	$ 14,879,000
Senior notes
Unamortized deferred financing costs and debt discount	$ 35,702,000	$ 26,206,000

Consolidated Balance Sheets - R

Consolidated Balance Sheets - REIT - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Hotel properties, carrying value	$ 3,493,549	$ 3,453,632
CASH AND CASH EQUIVALENTS	346,812	287,458
Intangible Assets, Net of accumulated amortization	34,183	28,714
GOODWILL	45,192	45,192
OTHER ASSETS	65,825	66,258
TOTAL ASSETS	4,030,596	3,924,210
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,993 and $14,879	618,338	1,121,713
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $35,702 and $26,206	2,014,298	1,273,794
Accounts payable and accrued liabilities	211,181	207,574
Finance lease liability	3,379
Finance lease liability		3,360
Total liabilities	2,854,326	2,613,571
Commitments and Contingencies
EQUITY:
Common stock	1,795	1,882
Additional paid in capital	742,397	749,219
(Accumulated deficit) retained earnings	(48,283)	32,432
Accumulated other comprehensive income	383	2,488
Members' Equity	696,292	786,021
Noncontrolling interests	479,978	524,618
Total equity	1,176,270	1,310,639
TOTAL LIABILITIES AND EQUITY	4,030,596	3,924,210
ESH Hospitality, Inc.
ASSETS
Hotel properties, carrying value	3,506,020	3,467,645
CASH AND CASH EQUIVALENTS	296,134	178,538
RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC.	1,572	4,098
Deferred rent receivable	28,917	8,637
Intangible Assets, Net of accumulated amortization	9,590	2,760
GOODWILL	44,012	44,012
OTHER ASSETS	21,209	22,692
TOTAL ASSETS	3,907,454	3,728,382
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $10,993 and $14,879	618,338	1,121,713
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $35,702 and $26,206	2,014,298	1,273,794
Unearned rental revenues from Extended Stay America, Inc.	38,770	37,506
Due to Extended Stay America, Inc	11,838	12,177
Accounts payable and accrued liabilities	71,453	64,658
Deferred tax liabilities	11	20
Finance lease liability	3,379
Finance lease liability		3,360
Total liabilities	2,758,087	2,513,228
Commitments and Contingencies
EQUITY:
Common stock	4,300	4,387
Additional paid in capital	1,050,740	1,090,809
Preferred stock	73	73
(Accumulated deficit) retained earnings	93,424	114,096
Accumulated other comprehensive income	830	5,789
Total equity	1,149,367	1,215,154
TOTAL LIABILITIES AND EQUITY	$ 3,907,454	$ 3,728,382

Consolidated Balance Sheets -_2

Consolidated Balance Sheets - REIT (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accumulated depreciation	$ 1,373,950	$ 1,218,105
Accumulated amortization of finite lived intangible assets	$ 13,133	$ 11,065
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,500,000,000	3,500,000,000
Common stock, shares issued (in shares)	179,483,397	188,219,605
Common stock, shares outstanding (in shares)	179,483,397	188,219,605
Common Class B
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	1
Term loan facility
Unamortized deferred financing costs and debt discount	$ 10,993	$ 14,879
Senior notes
Unamortized deferred financing costs and debt discount	35,702	26,206
ESH Hospitality, Inc.
Accumulated depreciation	1,372,595	1,215,899
Accumulated amortization of finite lived intangible assets	$ 763	$ 36
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	1
Preferred stock, redemption value (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, shares authorized (in shares)	125	125
Preferred stock, shares issued (in shares)	125	125
Preferred stock, shares outstanding (in shares)	125	125
ESH Hospitality, Inc. | Common Class A
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	4,300,000,000	4,300,000,000
Common stock, shares issued (in shares)	250,493,583	250,493,583
Common stock, shares outstanding (in shares)	250,493,583	250,493,583
ESH Hospitality, Inc. | Common Class B
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	7,800,000,000	7,800,000,000
Common stock, shares issued (in shares)	179,483,397	188,219,605
Common stock, shares outstanding (in shares)	179,483,397	188,219,605
ESH Hospitality, Inc. | Term loan facility
Unamortized deferred financing costs and debt discount	$ 10,993	$ 14,879
ESH Hospitality, Inc. | Senior notes
Unamortized deferred financing costs and debt discount	$ 35,702	$ 26,206

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
REVENUES:
Revenues	$ 1,218,219	$ 1,275,059	$ 1,282,725
OPERATING EXPENSES:
Hotel operating expenses	582,321	583,029	585,545
General and administrative expenses	95,155	91,094	94,652
Depreciation and amortization	197,400	209,329	229,216
Impairment of long-lived assets	2,679	43,600	25,169
Total hotel expenses	877,555	927,052	934,582
Total operating expenses	896,425	940,269	934,582
Gain (loss) on sale of hotel properties	0	42,478	9,973
OTHER INCOME	32	669	2,959
INCOME FROM OPERATIONS	321,826	377,937	361,075
OTHER NON-OPERATING INCOME	(391)	(765)	(399)
INTEREST EXPENSE, NET	127,764	124,870	129,772
INCOME BEFORE INCOME TAX EXPENSE	194,453	253,832	231,702
INCOME TAX EXPENSE	29,315	42,076	59,514
Net income	165,138	211,756	172,188
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	(95,470)	(98,892)	(93,341)
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	$ 69,668	$ 112,864	$ 78,847
NET INCOME PER COMMON SHARE:
Basic (in dollars per share)	$ 0.37	$ 0.60	$ 0.41
Diluted (in dollars per share)	$ 0.37	$ 0.59	$ 0.41
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	186,546	189,389	193,101
Diluted (in shares)	186,822	189,821	193,670
Room revenues
REVENUES:
Revenues	$ 1,171,726	$ 1,237,311	$ 1,260,868
Other hotel revenues
REVENUES:
Revenues	24,365	21,871	21,857
Franchise and management fees
REVENUES:
Revenues	5,412	3,310	0
OPERATING EXPENSES:
Hotel operating expenses	18,870	13,217	0
Hotel
REVENUES:
Revenues	1,201,503	1,262,492	1,282,725
Other revenues from franchised and managed properties
REVENUES:
Revenues	16,716	12,567	0
OPERATING EXPENSES:
INCOME FROM OPERATIONS	$ (2,154)	$ (650)	$ 0

Consolidated Statements of Op_2

Consolidated Statements of Operations - REIT - USD ($) shares in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
OPERATING EXPENSES:
Hotel operating expenses	$ 582,321,000	$ 583,029,000	$ 585,545,000
General and administrative expenses	95,155,000	91,094,000	94,652,000
Depreciation and amortization	197,400,000	209,329,000	229,216,000
Impairment of long-lived assets	2,679,000	43,600,000	25,169,000
Total operating expenses	896,425,000	940,269,000	934,582,000
Gain (loss) on sale of hotel properties	0	42,478,000	9,973,000
OTHER INCOME	32,000	669,000	2,959,000
INCOME FROM OPERATIONS	321,826,000	377,937,000	361,075,000
OTHER NON-OPERATING INCOME	(391,000)	(765,000)	(399,000)
INTEREST EXPENSE, NET	127,764,000	124,870,000	129,772,000
INCOME BEFORE INCOME TAX EXPENSE	194,453,000	253,832,000	231,702,000
INCOME TAX EXPENSE	29,315,000	42,076,000	59,514,000
Net income	$ 165,138,000	$ 211,756,000	$ 172,188,000
NET INCOME PER COMMON SHARE:
Basic (in dollars per share)	$ 0.37	$ 0.60	$ 0.41
Diluted (in dollars per share)	$ 0.37	$ 0.59	$ 0.41
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	186,546	189,389	193,101
Diluted (in shares)	186,822	189,821	193,670
ESH Hospitality, Inc.
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 12)	$ 649,898,000	$ 667,428,000	$ 683,500,000
OPERATING EXPENSES:
Hotel operating expenses	86,019,000	85,089,000	90,495,000
General and administrative expenses	15,189,000	15,245,000	14,801,000
Depreciation and amortization	193,798,000	207,313,000	225,484,000
Impairment of long-lived assets	0	0	15,046,000
Total operating expenses	295,006,000	307,647,000	345,826,000
Gain (loss) on sale of hotel properties	0	(5,624,000)	8,562,000
OTHER INCOME	15,000	645,000	673,000
INCOME FROM OPERATIONS	354,907,000	354,802,000	346,909,000
OTHER NON-OPERATING INCOME	(310,000)	(869,000)	(227,000)
INTEREST EXPENSE, NET	128,955,000	124,745,000	130,923,000
INCOME BEFORE INCOME TAX EXPENSE	226,262,000	230,926,000	216,213,000
INCOME TAX EXPENSE	375,000	797,000	1,229,000
Net income	$ 225,887,000	$ 230,129,000	$ 214,984,000
ESH Hospitality, Inc. | Common Class A
NET INCOME PER COMMON SHARE:
Basic (in dollars per share)	$ 0.52	$ 0.52	$ 0.49
Diluted (in dollars per share)	$ 0.52	$ 0.52	$ 0.48
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
Weighted average number of common shares outstanding - basic and diluted (in shares)	250,494	250,494	250,494
Diluted (in shares)	250,494	250,494	250,494
ESH Hospitality, Inc. | Common Class B
NET INCOME PER COMMON SHARE:
Basic (in dollars per share)	$ 0.52	$ 0.52	$ 0.48
Diluted (in dollars per share)	$ 0.52	$ 0.52	$ 0.48
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	186,546	189,389	193,101
Diluted (in shares)	186,822	189,821	193,101

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 165,138	$ 211,756	$ 172,188
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS:
Foreign currency translation (loss) gain, net of tax	0	(52)	430
RECLASSIFICATION ADJUSTMENT - SALE OF CANADIAN HOTEL PROPERTIES, NET OF TAX OF $0, $0, AND $(3,599)	0	0	10,913
TOTAL FOREIGN CURRENCY TRANSLATION ADJUSTMENTS	0	(52)	11,343
DERIVATIVE ADJUSTMENTS:
INTEREST RATE CASH FLOW HEDGE (LOSS) GAIN, NET OF TAX OF $(731), $(204), AND $(46)	(4,228)	(394)
RECLASSIFICATION ADJUSTMENT - AMOUNTS RECLASSIFIED TO NET INCOME, NET OF TAX OF $0	0	0
TOTAL DERIVATIVE ADJUSTMENTS	(4,228)	(394)
INTEREST RATE CASH FLOW HEDGE (LOSS) GAIN, NET OF TAX OF $(731), $(204), AND $(46)			1,447
RECLASSIFICATION ADJUSTMENT - AMOUNTS RECLASSIFIED TO NET INCOME, NET OF TAX OF $0			663
TOTAL DERIVATIVE ADJUSTMENTS			2,110
COMPREHENSIVE INCOME	160,910	211,310	185,641
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	(93,347)	(98,647)	(98,113)
COMPREHENSIVE INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	$ 67,563	$ 112,663	$ 87,528

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Foreign currency translation tax adjustment	$ 0	$ 0	$ (125)
Reclassification adjustment - sale of Canadian hotel properties, tax	0	0	(3,599)
Interest rate cash flow hedge gain, tax	(731)	(204)
Interest rate cash flow hedge gain, tax			(46)
Reclassifcation adjustment - amounts reclassified to net income, tax	$ 0	$ 0
Reclassification adjustment - amounts reclassified to net income, tax			$ 0

Consolidated Statements of Co_3

Consolidated Statements of Comprehensive Income - REIT - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
NET INCOME	$ 165,138,000	$ 211,756,000	$ 172,188,000
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS:
Foreign currency translation (loss) gain, net of tax	0	(52,000)	430,000
RECLASSIFICATION ADJUSTMENT - SALE OF CANADIAN HOTEL PROPERTIES, NET OF TAX OF $0, $0 AND $(264)	0	0	10,913,000
TOTAL FOREIGN CURRENCY TRANSLATION ADJUSTMENTS	0	(52,000)	11,343,000
DERIVATIVE ADJUSTMENTS:
INTEREST RATE CASH FLOW HEDGE (LOSS) GAIN, NET OF TAX OF $0, $(13), AND $0	(4,228,000)	(394,000)
INTEREST RATE CASH FLOW HEDGE (LOSS) GAIN, NET OF TAX OF $0, $(13), AND $0			1,447,000
RECLASSIFICATION ADJUSTMENT - AMOUNTS RECLASSIFIED TO NET INCOME, NET OF TAX OF $0	0	0
RECLASSIFICATION ADJUSTMENT - AMOUNTS RECLASSIFIED TO NET INCOME, NET OF TAX OF $0			663,000
TOTAL DERIVATIVE ADJUSTMENTS	(4,228,000)	(394,000)
TOTAL DERIVATIVE ADJUSTMENTS			2,110,000
COMPREHENSIVE INCOME	160,910,000	211,310,000	185,641,000
ESH Hospitality, Inc.
NET INCOME	225,887,000	230,129,000	214,984,000
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS:
Foreign currency translation (loss) gain, net of tax	0	0	531,000
RECLASSIFICATION ADJUSTMENT - SALE OF CANADIAN HOTEL PROPERTIES, NET OF TAX OF $0, $0 AND $(264)	0	0	12,256,000
TOTAL FOREIGN CURRENCY TRANSLATION ADJUSTMENTS	0	0	12,787,000
DERIVATIVE ADJUSTMENTS:
INTEREST RATE CASH FLOW HEDGE (LOSS) GAIN, NET OF TAX OF $0, $(13), AND $0	(4,959,000)	(585,000)
INTEREST RATE CASH FLOW HEDGE (LOSS) GAIN, NET OF TAX OF $0, $(13), AND $0			1,400,000
RECLASSIFICATION ADJUSTMENT - AMOUNTS RECLASSIFIED TO NET INCOME, NET OF TAX OF $0	0	0
RECLASSIFICATION ADJUSTMENT - AMOUNTS RECLASSIFIED TO NET INCOME, NET OF TAX OF $0			663,000
TOTAL DERIVATIVE ADJUSTMENTS	(4,959,000)	(585,000)
TOTAL DERIVATIVE ADJUSTMENTS			2,063,000
COMPREHENSIVE INCOME	$ 220,928,000	$ 229,544,000	$ 229,834,000

Consolidated Statements of Co_4

Consolidated Statements of Comprehensive Income - REIT (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Entity Information [Line Items]
Foreign currency translation tax adjustment	$ 0	$ 0	$ (125)
Reclassification adjustment - sale of Canadian hotel properties, tax	0	0	(3,599)
Interest rate cash flow hedge gain, tax	(731)	(204)
Interest rate cash flow hedge gain, tax			(46)
Reclassifcation adjustment - amounts reclassified to net income, tax	0	0
Reclassification adjustment - amounts reclassified to net income, tax			0
ESH Hospitality, Inc.
Entity Information [Line Items]
Foreign currency translation tax adjustment	0	0	0
Reclassification adjustment - sale of Canadian hotel properties, tax	0	0	(264)
Interest rate cash flow hedge gain, tax	0	(13)
Interest rate cash flow hedge gain, tax			0
Reclassifcation adjustment - amounts reclassified to net income, tax	$ 0	$ 0
Reclassification adjustment - amounts reclassified to net income, tax			$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity (ESA) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive (Loss) Income	Total Extended Stay America, Inc. Shareholders’ Equity	Non-controlling Interests
Balance, shares at Dec. 31, 2016		195,407
Balance at Dec. 31, 2016	$ 1,377,239	$ 1,957	$ 774,811	$ 23,679	$ (5,615)	$ 794,832	$ 582,407
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	172,188			78,847		78,847	93,341
Foreign currency translation gain (loss), net of tax	11,343				7,467	7,467	3,876
Interest rate cash flow hedge loss, net of tax	2,110				1,214	1,214	896
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares), shares		(3,624)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares)	(62,323)	$ (39)		(39,508)		(39,547)	(22,776)
Corporation common distributions	(56,101)			(56,101)		(56,101)
ESH REIT common distributions	(102,563)						(102,563)
ESH REIT preferred distributions	(16)						(16)
Equity-based compensation (in shares)		317
Equity-based compensation	3,970	$ 3	(433)			(430)	4,400
Adjustment to reflect changes in book value of noncontrolling interests	0		(5,699)			(5,699)	5,699
Balance, shares at Dec. 31, 2017		192,100
Balance at Dec. 31, 2017	1,345,847	$ 1,921	768,679	6,917	3,066	780,583	565,264
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	211,756			112,864		112,864	98,892
Foreign currency translation gain (loss), net of tax	(52)				(52)	(52)
Interest rate cash flow hedge loss, net of tax	(394)				(149)	(149)	(245)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares), shares		(4,307)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares)	(85,405)	$ (43)		(54,303)		(54,346)	(31,059)
Corporation common distributions	(45,619)		(12,196)	(33,423)		(45,619)
ESH REIT common distributions	(119,818)						(119,818)
ESH REIT preferred distributions	(16)						(16)
Equity-based compensation (in shares)		426
Equity-based compensation	4,340	$ 4	2,028			2,032	2,308
Adjustment to reflect changes in book value of noncontrolling interests	0		(9,292)			(9,292)	9,292
Balance, shares at Dec. 31, 2018		188,219
Balance at Dec. 31, 2018	1,310,639	$ 1,882	749,219	32,432	2,488	786,021	524,618
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	165,138			69,668		69,668	95,470
Foreign currency translation gain (loss), net of tax	0
Interest rate cash flow hedge loss, net of tax	(4,228)				(2,105)	(2,105)	(2,123)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares), shares		(9,020)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares)	(130,721)	$ (90)		(83,124)		(83,214)	(47,507)
Corporation common distributions	(67,259)			(67,259)		(67,259)
ESH REIT common distributions	(103,186)						(103,186)
ESH REIT preferred distributions	(16)						(16)
Equity-based compensation (in shares)		284
Equity-based compensation	5,903	$ 3	3,301			3,304	2,599
Adjustment to reflect changes in book value of noncontrolling interests	0		(10,123)			(10,123)	10,123
Balance, shares at Dec. 31, 2019		179,483
Balance at Dec. 31, 2019	$ 1,176,270	$ 1,795	$ 742,397	$ (48,283)	$ 383	$ 696,292	$ 479,978

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash distributions per common share (in dollars per share)	$ 0.36	$ 0.24	$ 0.29
Common Class B
Cash distributions per common share (in dollars per share)	$ 0.55	$ 0.63	$ 0.53

Consolidated Statements of Ch_3

Consolidated Statements of Changes in Equity (ESH REIT) - REIT - USD ($) $ in Thousands	Total	Common Stock	Additional Paid in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive (Loss) Income	ESH Hospitality, Inc.	ESH Hospitality, Inc.Common Class B	ESH Hospitality, Inc.Common Stock	ESH Hospitality, Inc.Common StockCommon Class A	ESH Hospitality, Inc.Common StockCommon Class B	ESH Hospitality, Inc.Preferred Stock	ESH Hospitality, Inc.Additional Paid in Capital	ESH Hospitality, Inc.Retained Earnings (Accumulated Deficit)	ESH Hospitality, Inc.Accumulated Other Comprehensive (Loss) Income
Balance, shares at Dec. 31, 2016		195,407,000							250,494,000	195,407,000
Balance at Dec. 31, 2016	$ 1,377,239	$ 1,957	$ 774,811	$ 23,679	$ (5,615)	$ 1,317,919		$ 4,462			$ 73	$ 1,144,664	$ 176,532	$ (7,812)
Balance, preferred shares (in shares) at Dec. 31, 2016											125
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	172,188			78,847		214,984							214,984
Foreign currency translation gain (loss), net of tax	11,343				7,467	12,787								12,787
Interest rate cash flow hedge loss, net of tax	2,110				1,214	2,063								2,063
Repurchase of Class B common stock	(62,323)	$ (39)		(39,508)		(22,776)		(39)					(22,737)
Repurchase of Class B Common Stock (in shares)		(3,624,000)					(2,000,000)			(3,624,000)
Common distributions	(56,101)			(56,101)		(235,322)						(58,523)	(176,799)
Preferred distributions	(16)					(16)							(16)
Equity-based compensation (in shares)		317,000								317,000
Equity-based compensation	3,970	$ 3	(433)			2,655		3				2,652
Balance, shares at Dec. 31, 2017		192,100,000							250,494,000	192,100,000
Balance at Dec. 31, 2017	1,345,847	$ 1,921	768,679	6,917	3,066	1,292,294		4,426			$ 73	1,088,793	191,964	7,038
Balance, preferred shares (in shares) at Dec. 31, 2017											125
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	211,756			112,864		230,129							230,129
Foreign currency translation gain (loss), net of tax	(52)				(52)	0
Interest rate cash flow hedge loss, net of tax	(394)				(149)	(585)								(585)
Repurchase of Class B common stock	(85,405)	$ (43)		(54,303)		(31,059)		(43)					(31,016)
Repurchase of Class B Common Stock (in shares)		(4,307,000)								(4,307,000)
Common distributions	(45,619)		(12,196)	(33,423)		(277,629)							(277,629)
Preferred distributions	(16)					(16)							(16)
Equity-based compensation (in shares)		426,000								426,000
Equity-based compensation	4,340	$ 4	2,028			2,020		4				2,016
Balance, shares at Dec. 31, 2018		188,219,000							250,494,000	188,219,000
Balance at Dec. 31, 2018	1,310,639	$ 1,882	749,219	32,432	2,488	$ 1,215,154		4,387			$ 73	1,090,809	114,096	5,789
Balance, preferred shares (in shares) at Dec. 31, 2018						125					125
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	165,138			69,668		$ 225,887
Foreign currency translation gain (loss), net of tax	0					0
Interest rate cash flow hedge loss, net of tax	(4,228)				(2,105)	(4,959)								(4,959)
Repurchase of Class B common stock	(130,721)	$ (90)		(83,124)		(47,507)		(90)					(47,417)
Repurchase of Class B Common Stock (in shares)		(9,020,000)								(9,020,000)
Common distributions	(67,259)			(67,259)		(240,958)						(41,832)	(199,126)
Preferred distributions	(16)					(16)							(16)
Equity-based compensation (in shares)		284,000								284,000
Equity-based compensation	5,903	$ 3	3,301			1,766		3				1,763
Balance, shares at Dec. 31, 2019		179,483,000							250,494,000	179,483,000
Balance at Dec. 31, 2019	$ 1,176,270	$ 1,795	$ 742,397	$ (48,283)	$ 383	$ 1,149,367		$ 4,300			$ 73	$ 1,050,740	$ 93,424	$ 830
Balance, preferred shares (in shares) at Dec. 31, 2019						125					125

Consolidated Statements of Ch_4

Consolidated Statements of Changes in Equity - REIT (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash distributions per common share (in dollars per share)	$ 0.36	$ 0.24	$ 0.29
Common Class B
Cash distributions per common share (in dollars per share)	0.55	0.63	0.53
ESH Hospitality, Inc. | Common Class B
Cash distributions per common share (in dollars per share)	0.55	0.63	0.53
ESH Hospitality, Inc. | Common Class A
Cash distributions per common share (in dollars per share)	$ 0.55	$ 0.63	$ 0.53

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
OPERATING ACTIVITIES:
Net income	$ 165,138	$ 211,756	$ 172,188
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	197,400	209,329	229,216
Foreign currency transaction (gain) loss	(391)	443	(713)
Loss on interest rate swap	0	0	667
Amortization and write-off of deferred financing costs and debt discount	13,687	8,614	8,097
Amortization and write-off of above-market ground leases	0	(1,427)	(136)
Debt modification and extinguishment costs	1,084	1,183	2,351
Loss on disposal of property and equipment	6,072	3,413	8,606
Gain on sale of hotel properties, net	0	(42,478)	(9,973)
Impairment of long-lived assets	2,679	43,600	25,169
Equity-based compensation	6,913	8,318	7,552
Deferred income tax (benefit) expense	(8,116)	1,019	963
Changes in assets and liabilities:
Accounts receivable, net	5,749	2,244	(895)
Other assets	739	(10,214)	(3,606)
Accounts payable and accrued liabilities	8,996	14,050	7,034
Net cash provided by operating activities	399,950	449,850	446,520
INVESTING ACTIVITIES:
Purchases of property and equipment	(182,364)	(158,709)	(166,378)
Acquisition of hotel properties	(10,136)	(12,729)	0
Development in process payments	(59,670)	(34,790)	0
Payments for intangible assets	(9,124)	(3,046)	0
Proceeds from sale of hotel properties	0	309,062	63,936
Proceeds from insurance and related recoveries	1,485	6,488	3,302
Net cash (used in) provided by investing activities	(259,809)	106,276	(99,140)
FINANCING ACTIVITIES:
Principal payments on term loan facility	(507,261)	(147,215)	(16,193)
Proceeds from issuance of senior notes	750,000
Proceeds from revolving credit facility	0	0	105,000
Payments on revolving credit facilities	0	0	(150,000)
Payments of deferred financing costs	(20,689)	0	0
Principal payments on finance leases	(117)
Debt modification and extinguishment costs	(1,084)	(1,183)	(2,351)
Tax withholdings related to restricted stock unit settlements	(1,598)	(3,989)	(3,548)
Repurchase of Corporation common stock and ESH REIT class B common stock (Paired Shares)	(130,721)	(85,405)	(62,323)
Repurchase of Corporation mandatorily redeemable preferred stock	0	(3)	(14,069)
Corporation common distributions	(67,182)	(45,791)	(56,126)
ESH REIT common distributions	(103,211)	(120,005)	(102,845)
ESH REIT preferred distributions	(16)	(16)	(16)
Net cash used in financing activities	(81,879)	(403,607)	(302,471)
CHANGES IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH DUE TO CHANGES IN FOREIGN CURRENCY EXCHANGE RATES	72	(157)	293
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	58,334	152,362	45,202
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Beginning of period	303,336	150,974	105,772
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - End of period	361,670	303,336	150,974
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest Paid, Excluding Capitalized Interest, Operating Activities	108,515	118,509	123,953
Cash payments for income taxes, net of refunds of $8, $351 and $571	39,622	38,577	55,694
Operating cash payments for finance leases	242
Operating cash payments for operating leases	2,779
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Capital Expenditures Incurred but Not yet Paid	23,446	27,850	12,596
Additions to finance lease right-of-use assets and liabilities	109
Proceeds from sale of hotel properties included in other assets	0	0	12,589
Corporation common distributions included in accounts payable and accrued liabilities	434	357	532
ESH REIT
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
ESH REIT common distributions included in accounts payable and accrued liabilities	$ 767	$ 792	$ 983

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Cash Flows [Abstract]
Interest costs capitalized	$ 2,247	$ 473	$ 0
Income tax payments - refunds	$ 8	$ 351	$ 571

Consolidated Statements of Ca_3

Consolidated Statements of Cash Flows - REIT - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
OPERATING ACTIVITIES:
NET INCOME	$ 165,138,000	$ 211,756,000	$ 172,188,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	197,400,000	209,329,000	229,216,000
Foreign currency transaction (gain) loss	(391,000)	443,000	(713,000)
Loss on interest rate swap	0	0	667,000
Amortization and write-off of deferred financing costs and debt discount	13,687,000	8,614,000	8,097,000
Debt modification and extinguishment costs	1,084,000	1,183,000	2,351,000
Amortization and write-off of above-market ground leases	0	(1,427,000)	(136,000)
Loss on disposal of property and equipment	6,072,000	3,413,000	8,606,000
Loss (gain) on sale of hotel properties, net	0	(42,478,000)	(9,973,000)
Impairment of long-lived assets	2,679,000	43,600,000	25,169,000
Equity-based compensation	6,913,000	8,318,000	7,552,000
Deferred income tax (benefit) expense	(8,116,000)	1,019,000	963,000
Changes in assets and liabilities:
Other assets	739,000	(10,214,000)	(3,606,000)
Accounts payable and accrued liabilities	8,996,000	14,050,000	7,034,000
Net cash provided by operating activities	399,950,000	449,850,000	446,520,000
INVESTING ACTIVITIES:
Purchases of property and equipment	(182,364,000)	(158,709,000)	(166,378,000)
Acquisition of hotel properties	(10,136,000)	(12,729,000)	0
Development in process payments	(59,670,000)	(34,790,000)	0
Payments for intangible assets	(9,124,000)	(3,046,000)	0
Proceeds from sale of hotel properties	0	309,062,000	63,936,000
Proceeds from insurance and related recoveries	1,485,000	6,488,000	3,302,000
Net cash (used in) provided by investing activities	(259,809,000)	106,276,000	(99,140,000)
FINANCING ACTIVITIES:
Principal payments on term loan facility	(507,261,000)	(147,215,000)	(16,193,000)
Proceeds from issuance of senior notes	750,000,000
Proceeds from revolving credit facility	0	0	105,000,000
Payments on revolving credit facilities	0	0	(150,000,000)
Payments of deferred financing costs	(20,689,000)	0	0
Principal payments on finance leases	(117,000)
Debt modification and extinguishment costs	(1,084,000)	(1,183,000)	(2,351,000)
Repurchase of Corporation common stock and ESH REIT class B common stock (Paired Shares)	(130,721,000)	(85,405,000)	(62,323,000)
Common distributions	(67,182,000)	(45,791,000)	(56,126,000)
Preferred distributions	(16,000)	(16,000)	(16,000)
Net cash used in financing activities	(81,879,000)	(403,607,000)	(302,471,000)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Beginning of period	303,336,000	150,974,000	105,772,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - End of period	361,670,000	303,336,000	150,974,000
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest Paid, Excluding Capitalized Interest, Operating Activities	108,515,000	118,509,000	123,953,000
Income Taxes Paid, Net	39,622,000	38,577,000	55,694,000
Operating cash payments for finance leases	242,000
Operating cash payments for operating leases	2,779,000
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Capital expenditures included in due to/from Extended Stay America, Inc. and accounts payable and accrued liabilities	23,446,000	27,850,000	12,596,000
Common stock distributions included in accounts payable and accrued liabilities	434,000	357,000	532,000
ESH Hospitality, Inc.
OPERATING ACTIVITIES:
NET INCOME	225,887,000	230,129,000	214,984,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	193,798,000	207,313,000	225,484,000
Foreign currency transaction (gain) loss	(310,000)	340,000	(541,000)
Loss on interest rate swap	0	0	667,000
Amortization and write-off of deferred financing costs and debt discount	13,562,000	8,505,000	7,987,000
Debt modification and extinguishment costs	1,084,000	1,183,000	2,351,000
Amortization and write-off of above-market ground leases	0	(1,426,000)	(136,000)
Loss on disposal of property and equipment	6,072,000	3,413,000	8,606,000
Loss (gain) on sale of hotel properties, net	0	5,624,000	(8,562,000)
Impairment of long-lived assets	0	0	15,046,000
Equity-based compensation	545,000	836,000	412,000
Deferred income tax (benefit) expense	(9,000)	(15,000)	(3,733,000)
Changes in assets and liabilities:
Deferred rents receivable from Extended Stay America, Inc.	(20,280,000)	15,044,000	15,162,000
Due from (to) Extended Stay America, Inc., net	2,411,000	(2,323,000)	(1,261,000)
Other assets	(1,744,000)	(3,541,000)	(2,855,000)
Unearned rental revenues/rents receivable from Extended Stay America, Inc., net	3,790,000	(3,412,000)	(470,000)
Accounts payable and accrued liabilities	11,946,000	4,788,000	452,000
Net cash provided by operating activities	436,752,000	466,458,000	473,593,000
INVESTING ACTIVITIES:
Purchases of property and equipment	(175,933,000)	(153,513,000)	(163,797,000)
Acquisition of hotel properties	(10,136,000)	(12,733,000)	0
Development in process payments	(59,670,000)	(34,790,000)	0
Payments for intangible assets	(9,144,000)	(2,796,000)	0
Proceeds from sale of hotel properties	0	309,062,000	57,989,000
Proceeds from insurance and related recoveries	1,485,000	6,488,000	3,302,000
Net cash (used in) provided by investing activities	(253,398,000)	111,718,000	(102,506,000)
FINANCING ACTIVITIES:
Principal payments on term loan facility	(507,261,000)	(147,215,000)	(16,193,000)
Proceeds from issuance of senior notes	750,000,000	0	0
Proceeds from revolving credit facility	0	0	105,000,000
Payments on revolving credit facilities	0	0	(150,000,000)
Principal payments on loan payable to Extended Stay America, Inc.	0	0	(50,000,000)
Payments of deferred financing costs	(20,300,000)	0	0
Principal payments on finance leases	(117,000)
Debt modification and extinguishment costs	(1,084,000)	(1,183,000)	(2,351,000)
Repurchase of Corporation common stock and ESH REIT class B common stock (Paired Shares)	(47,507,000)	(31,057,000)	(22,773,000)
Issuance of Class B common stock related to issuance of Paired Shares	1,510,000	2,732,000	1,915,000
Common distributions	(240,983,000)	(277,814,000)	(235,604,000)
Preferred distributions	(16,000)	(16,000)	(16,000)
Net cash used in financing activities	(65,758,000)	(454,553,000)	(370,022,000)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	117,596,000	123,623,000	1,065,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Beginning of period	178,538,000	54,915,000	53,850,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - End of period	296,134,000	178,538,000	54,915,000
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest Paid, Excluding Capitalized Interest, Operating Activities	107,768,000	117,756,000	125,006,000
Income Taxes Paid, Net	576,000	730,000	2,483,000
Operating cash payments for finance leases	242,000
Operating cash payments for operating leases	712,000
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Capital expenditures included in due to/from Extended Stay America, Inc. and accounts payable and accrued liabilities	23,020,000	27,505,000	12,314,000
Additions to finance lease right-of-use assets and liabilities	109,000	0	0
Common stock distributions included in accounts payable and accrued liabilities	767,000	792,000	983,000
Net receivable related to RSUs not yet settled or issued included in due to/from Extended Stay America, Inc.	$ 323,000	$ 403,000	$ 1,386,000

Consolidated Statements of Ca_4

Consolidated Statements of Cash Flows - REIT (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest costs capitalized	$ 2,247	$ 473	$ 0
Income tax payments - refunds	8	351	571
ESH Hospitality, Inc.
Interest costs capitalized	2,247	473	0
Income tax payments - refunds	$ 211	$ 6	$ 5

Business, Organization and Basi

Business, Organization and Basis of Consolidation	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business, Organization and Basis of Consolidation	BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION Extended Stay America, Inc. (the “Corporation”) was incorporated in the state of Delaware on July 8, 2013. ESH Hospitality, Inc. (“ESH REIT”) was formed as a limited liability company in the state of Delaware on September 16, 2010 and was converted to a corporation on November 5, 2013. The Corporation owns, and is expected to continue to own, all of the issued and outstanding Class A common stock of ESH REIT, which, as of December 31, 2019 and 2018, represents 58% and 57% of the outstanding common stock of ESH REIT, respectively. Due to its controlling interest in ESH REIT, the Corporation consolidates the financial position, results of operations, comprehensive income and cash flows of ESH REIT. The term, “the Company,” as used herein refers to the Corporation and its consolidated subsidiaries, including ESH REIT. A “Paired Share” consists of one share of common stock, par value $0.01 per share, of the Corporation, that is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. Each outstanding share of Corporation common stock is attached to and trades with one share of ESH REIT Class B common stock. The Company is an integrated owner/operator of Extended Stay America-branded hotels and is also engaged in franchising and managing extended stay hotels for third parties in the U.S. As of December 31, 2019 and 2018, the Company owned and operated 557 and 554 hotel properties, respectively, in 40 U.S. states, consisting of approximately 61,900 and 61,500 rooms, respectively, and franchised or managed 73 hotel properties for third parties, consisting of approximately 7,500 rooms. All 630 system-wide hotels as of December 31, 2019 are operated under the Extended Stay America brand. Owned hotel properties are owned by subsidiaries of ESH REIT and are operated by subsidiaries of the Corporation (the “Operating Lessees”) pursuant to leases between ESH REIT and the Operating Lessees. The hotels are managed by ESA Management LLC (“ESA Management”), a subsidiary of the Corporation, which also manages hotels on behalf of third parties. The Extended Stay America brand is owned by ESH Hospitality Strategies LLC (“ESH Strategies”), also a subsidiary of the Corporation. ESH Strategies licenses the brand and intellectual property to its subsidiaries, which license them to the Operating Lessees and third parties. Basis of Consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”) and include the financial position, results of operations, comprehensive income, changes in equity and cash flows of the Corporation and its consolidated subsidiaries, including ESH REIT. Third-party equity interests in consolidated subsidiaries are presented as noncontrolling interests. Despite the fact that each share of Corporation common stock is paired on a one-for-one basis with each share of ESH REIT Class B common stock, the Corporation does not own the ESH REIT Class B common stock; therefore, ESH REIT Class B common stock represents a third-party equity interest. As such, the rights associated with the ESH REIT Class B common stock, along with other third party equity interests in ESH REIT, are presented as noncontrolling interests in the accompanying consolidated financial statements (see Note 13). Changes in ownership interests in a consolidated subsidiary that do not result in a loss of control are accounted for as equity transactions. All intercompany accounts and transactions have been eliminated. With respect to the consolidated balance sheets and the property and equipment disclosure (see Note 5), certain prior period amounts have been reclassified for comparability to current period presentation.

Business, Organization and Ba_2

Business, Organization and Basis of Consolidation - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Business, Organization and Basis of Consolidation	BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION Extended Stay America, Inc. (the “Corporation”) was incorporated in the state of Delaware on July 8, 2013. ESH Hospitality, Inc. (“ESH REIT”) was formed as a limited liability company in the state of Delaware on September 16, 2010 and was converted to a corporation on November 5, 2013. The Corporation owns, and is expected to continue to own, all of the issued and outstanding Class A common stock of ESH REIT, which, as of December 31, 2019 and 2018, represents 58% and 57% of the outstanding common stock of ESH REIT, respectively. Due to its controlling interest in ESH REIT, the Corporation consolidates the financial position, results of operations, comprehensive income and cash flows of ESH REIT. The term, “the Company,” as used herein refers to the Corporation and its consolidated subsidiaries, including ESH REIT. A “Paired Share” consists of one share of common stock, par value $0.01 per share, of the Corporation, that is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. Each outstanding share of Corporation common stock is attached to and trades with one share of ESH REIT Class B common stock. The Company is an integrated owner/operator of Extended Stay America-branded hotels and is also engaged in franchising and managing extended stay hotels for third parties in the U.S. As of December 31, 2019 and 2018, the Company owned and operated 557 and 554 hotel properties, respectively, in 40 U.S. states, consisting of approximately 61,900 and 61,500 rooms, respectively, and franchised or managed 73 hotel properties for third parties, consisting of approximately 7,500 rooms. All 630 system-wide hotels as of December 31, 2019 are operated under the Extended Stay America brand. Owned hotel properties are owned by subsidiaries of ESH REIT and are operated by subsidiaries of the Corporation (the “Operating Lessees”) pursuant to leases between ESH REIT and the Operating Lessees. The hotels are managed by ESA Management LLC (“ESA Management”), a subsidiary of the Corporation, which also manages hotels on behalf of third parties. The Extended Stay America brand is owned by ESH Hospitality Strategies LLC (“ESH Strategies”), also a subsidiary of the Corporation. ESH Strategies licenses the brand and intellectual property to its subsidiaries, which license them to the Operating Lessees and third parties. Basis of Consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”) and include the financial position, results of operations, comprehensive income, changes in equity and cash flows of the Corporation and its consolidated subsidiaries, including ESH REIT. Third-party equity interests in consolidated subsidiaries are presented as noncontrolling interests. Despite the fact that each share of Corporation common stock is paired on a one-for-one basis with each share of ESH REIT Class B common stock, the Corporation does not own the ESH REIT Class B common stock; therefore, ESH REIT Class B common stock represents a third-party equity interest. As such, the rights associated with the ESH REIT Class B common stock, along with other third party equity interests in ESH REIT, are presented as noncontrolling interests in the accompanying consolidated financial statements (see Note 13). Changes in ownership interests in a consolidated subsidiary that do not result in a loss of control are accounted for as equity transactions. All intercompany accounts and transactions have been eliminated. With respect to the consolidated balance sheets and the property and equipment disclosure (see Note 5), certain prior period amounts have been reclassified for comparability to current period presentation.
ESH Hospitality, Inc.
Entity Information [Line Items]
Business, Organization and Basis of Consolidation	BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION ESH Hospitality, Inc. (“ESH REIT”) was formed as a limited liability company in the state of Delaware on September 16, 2010 and was converted to a corporation on November 5, 2013. Extended Stay America, Inc. (the “Corporation”), the parent of ESH REIT, was incorporated in the state of Delaware on July 8, 2013. The Corporation owns, and is expected to continue to own, all of the issued and outstanding Class A common stock of ESH REIT, which, as of December 31, 2019 and 2018, represents 58% and 57% of the outstanding common stock of ESH REIT, respectively. A “Paired Share” consists of one share of common stock, par value $0.01 per share, of the Corporation, that is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. Each outstanding share of ESH REIT Class B common stock is attached to and trades with one share of Corporation common stock. As of December 31, 2019 and 2018, ESH REIT and its subsidiaries owned and leased 557 and 554 hotel properties, respectively, in 40 U.S. states, consisting of approximately 61,900 and 61,500 rooms, respectively. All hotels are leased to wholly-owned subsidiaries of the Corporation (the “Operating Lessees”). Basis of Consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”) and include the financial position, results of operations, comprehensive income, changes in equity and cash flows of ESH REIT and its consolidated subsidiaries. Changes in ownership interests in a consolidated subsidiary that do not result in a loss of control are accounted for as equity transactions. All intercompany accounts and transactions have been eliminated. With respect to the consolidated balance sheets, certain prior period amounts have been reclassified for comparability to current period presentation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates —The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates. Cash and Cash Equivalents —The Company considers all cash on hand, demand deposits with financial institutions, credit card receivables, and short-term, highly liquid investments with original maturities of three months or less to be cash equivalents. The Company has deposits in excess of $250,000 with financial institutions that are not insured by the Federal Deposit Insurance Corporation. The Company does not believe cash and cash equivalents expose it to significant credit risk. Restricted Cash —Restricted cash consists of deposits held for insurance collateral. Accounts Receivable and Allowance for Doubtful Accounts —Accounts receivable consists of receivables due from corporate customers and third-party internet intermediaries with respect to owned hotels, as well as royalty and other receivables due from franchisees. A provision for doubtful accounts is made when collection is considered doubtful. Balances are considered past due when payment is not received by the contractual due date. When management determines that accounts receivable are uncollectible, they are written off against the allowance for doubtful accounts. There were no material write-offs recognized during the years ended December 31, 2019, 2018 or 2017. Property Acquisitions —Identifiable net assets and liabilities acquired in an asset acquisition are recorded at cost, allocated based on their relative fair values on the date of acquisition. Identifiable net assets and liabilities acquired in a business combination are recorded based on their fair value on the date of acquisition. The fair value of acquired land, site improvements, building and improvements and furniture, fixtures and equipment are determined on an “if-vacant” basis considering a variety of factors, including the physical condition and quality of the hotels, estimated rates and valuation assumptions consistent with current market conditions, independent appraisals and other relevant market data obtained in connection with the acquisition of the hotels. Results of operations of acquired hotel properties are included in the accompanying consolidated statements of operations since their dates of acquisition. Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, the Company may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5). Intangible Assets —Intangible assets include trademarks, corporate customer relationships and licenses related to certain internal-use software. Corporate customer relationships and software licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships is 20 years, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks and licenses related to software in process are not amortized. Finite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Indefinite-lived intangible assets are reviewed for impairment quarterly. The Company tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. At such time their classification as indefinite-lived intangible assets is reassessed. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of its indefinite-lived intangible assets is less than its carrying amount. No impairment charges related to intangible assets were recognized during the years ended December 31, 2019, 2018 or 2017. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. The Company tests goodwill for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with our franchise and management segment. Management analyzes goodwill associated with all owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. No impairment charges related to goodwill were recognized during the years ended December 31, 2019, 2018 or 2017. Assets Held For Sale —The Company classifies assets as held for sale when management commits to a formal plan to sell the assets, actively seeks a buyer for the assets and the consummation of a sale is considered probable and is expected within one year. The Company takes into consideration when determining whether the consummation of a sale is probable the following criteria: (i) whether a purchase and sale agreement has been executed, (ii) whether the buyer has a significant non-refundable deposit at risk and (iii) whether significant financing contingencies exist. Upon designating an asset as held for sale, the Company stops recognizing depreciation expense and records the asset at the lower of its carrying value, including allocable goodwill, or its estimated fair value less estimated costs to sell. Any such adjustment to the carrying value is recognized as an impairment charge. Discontinued Operations— The Company classifies hotel properties sold or held for sale as discontinued operations when the disposal represents a strategic shift that has (or will have) a major effect on its operations and financial results, which would require separate presentation on the consolidated balance sheets and statements of operations. No hotel properties were classified as discontinued operations during the years ended December 31, 2019, 2018 or 2017. Deferred Financing Costs —Costs incurred in obtaining financing are amortized over the terms of the related loans on a straight-line basis, which approximates the effective interest method. Deferred financing costs are presented in the accompanying consolidated balance sheets as a direct deduction of the carrying amount of the related debt liability, except those incurred under a revolving-debt arrangement, which are presented as a component of other assets. Upon repayment, or in conjunction with a material change in the terms of the underlying debt agreement, remaining unamortized costs are written off as a component of net interest expense. Amortization of deferred financing costs is also included as a component of net interest expense (see Note 7). Revenue Generated from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, grab and go breakfast, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue Generated from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to management and franchise agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system services fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly. Advertising Costs —Advertising costs are expensed as incurred. For the years ended December 31, 2019, 2018 and 2017, total advertising costs were $29.4 million, $25.9 million and $23.0 million, respectively, and are classified as hotel operating expenses in the accompanying consolidated statements of operations. Fair Value of Financial Instruments —U.S. GAAP establishes a three-level valuation hierarchy based upon observable and unobservable inputs for fair value measurement of financial instruments: Level 1 —Observable inputs, such as quoted prices in active markets at the measurement date for identical assets or liabilities Level 2 —Significant inputs that are observable, directly or indirectly, such as other quoted prices in markets that are not active or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability Level 3 —Significant unobservable inputs for which there is little to no market data and for which the Company makes its own assumptions about how market participants would price the asset or liability Fair value is defined as the price that would be received when selling an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., exit price). In instances where inputs used to measure fair value fall into different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement in its entirety has been determined is based on the lowest-level input significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The Company’s financial instruments consist of cash and cash equivalents, restricted cash, accounts receivable, certain other assets (deposits), accounts payable and accrued liabilities, term loans, senior notes, mandatorily redeemable preferred stock and revolving credit facilities. The carrying values of cash and cash equivalents, restricted cash, accounts receivable, certain other assets, accounts payable and accrued liabilities and revolving credit facilities are representative of their fair values due to the short-term nature or frequent settlement of these instruments. The fair values of term loans, senior notes and mandatorily redeemable preferred stock are determined by comparing current borrowing rates and risk spreads offered in the market to the stated interest rates and spreads on the Company’s instruments or from quoted market prices, when available (see Note 7). Derivative Instruments —The Company from time to time uses derivative instruments to manage its exposure to interest rate and commodity price risks. The Company’s primary objective in holding derivatives is to reduce the volatility of cash flows and earnings associated with changes in interest rates and commodity prices. The Company’s derivatives expose it to credit risk to the extent that counterparties may be unable to meet the terms of the agreement. The Company seeks to mitigate such risks by limiting its counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored. Management does not expect material losses as a result of defaults by counterparties. Derivative instruments, including derivative instruments embedded in other contracts, are recorded in the accompanying consolidated balance sheets as either assets or liabilities measured at fair value, unless the transactions qualify and are designated as normal purchases and sales. Changes in fair value are recognized currently in earnings unless specific hedge accounting criteria are met (see Note 8). The Company does not enter into derivative instruments for trading or speculative purposes. Insurance Reserves —The Company utilizes various insurance programs for workers’ compensation, general liability and health insurance claims. Retained losses require estimates in determining the liability for claims arising under these programs. Workers’ compensation, general liability and health insurance liabilities are estimated using actuarial evaluations based on historical and projected claims and medical and other cost trends. As of December 31, 2019 and 2018, $40.6 million and $52.8 million, respectively, of liabilities for such insurance programs are included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets. Investments —The Company consolidates a subsidiary when it has the ability to direct the activities that most significantly impact the economic performance of the subsidiary. Judgment is required with respect to the consolidation of investments, including partnership and joint venture entities, in terms of the evaluation of control, including assessment of the importance of rights and privileges of the partners based on voting rights, as well as financial interests that are not controllable through voting interests. Third party equity interests in consolidated subsidiaries are presented as noncontrolling interests. If a subsidiary, affiliate or other entity is a variable interest entity ("VIE"), it is subject to the consolidation framework specifically for VIEs. The Company considers an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. In accordance with Financial Accounting Standards Board (“FASB”) ASC 810, Consolidations , the Company reviews subsidiaries and affiliates, as well as other entities, to determine if (i) they should be considered VIEs, and (ii) whether their consolidation determinations should change based on changes in their characteristics. Income Taxes —The Corporation’s taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its ownership of approximately 58% of ESH REIT. As a result, approximately 58% of ESH REIT’s distributions are subject to corporate income tax. The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. ESH REIT’s deferred tax rates are adjusted to reflect expected future distributions and the deduction allowed upon distribution. The Corporation’s deferred tax assets and liabilities include the estimated impact of the future reversal of ESH REIT’s deferred tax assets and liabilities which affect future dividend income to be recognized by the Corporation upon distribution. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under provisions of the Internal Revenue Code, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding capital gains, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017, ESH REIT distributed approximately 100% of its taxable income and, as a result, incurred minimal current federal income tax. In the future, ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. ESH REIT will incur federal and state income tax at statutory rates if its taxable income is not distributed. Accordingly, ESH REIT expects to distribute approximately 100% of its taxable income for the foreseeable future. In December 2017, the U.S. Congress passed H.R. 1, known as the “Tax Cuts and Jobs Act” or “TCJA,” which was signed into law on December 22, 2017. See Note 11 for additional information, including the TCJA’s impact on the Company’s income tax provision. Foreign Currency —The Company sold its three Extended Stay Canada-branded hotels in 2017. Prior to completion of the sale, the financial statements of the Company’s Canadian subsidiaries and its investments therein were maintained in their functional currency, the Canadian dollar, and their revenues and expenses were translated into U.S. dollars using the average exchange rate for the period. The assets and liabilities of these subsidiaries were translated into U.S. dollars using the exchange rate in effect at the balance sheet date. Due to the fact that the Company’s Canadian subsidiaries liquidated substantially all of their assets, their functional currency changed to the U.S. dollar and $14.5 million of accumulated foreign currency translation loss was charged to the consolidated statement of operations during the year ended December 31, 2017. Foreign currency transaction (gains) losses of $(0.4) million, $0.4 million and $(0.7) million are included in other non-operating income in the accompanying consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017, respectively. Comprehensive Income —Comprehensive income includes net income and other comprehensive income, which consists of foreign currency translation adjustments and interest rate cash flow hedge adjustments. Comprehensive income is presented in the accompanying consolidated statements of comprehensive income. Foreign currency translation adjustments and interest rate cash flow hedge adjustments are presented as separate components of consolidated equity. Equity-Based Compensation— The Corporation and ESH REIT each maintain a Long-Term Incentive Plan (“LTIP”), as amended and restated in 2015, approved by their shareholders. Under the LTIPs, the Corporation and ESH REIT may issue to eligible employees or directors equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The Company recognizes costs related to equity-based awards over their vesting periods. The issuing entity classifies equity-based awards granted in exchange for employee or director services as either equity awards or as liability awards. The classification of an award either as an equity award or a liability award is generally based upon cash settlement options. Equity awards are measured based on their fair value on the date of grant. Liability awards are re-measured to fair value each reporting period. The value of all awards is recognized over the requisite service period, which is the period during which an employee or director is required to provide services in exchange for the award (usually the vesting period). No compensation expense is recognized for awards for which employees or directors do not render the requisite services. All awards granted are classified as equity awards, except those equity-based awards issued by ESH REIT to its directors, which are classified as liability awards at the Corporation. Segments —The Company has two reportable operating segments based on the manner in which it evaluates its business: (i) owned hotels and (ii) franchise and management. The Company assesses the performance of these segments on an individual basis (see Note 9). Recently Issued Accounting Standards Fair Value Measurement— In August 2018, the FASB issued an accounting standards update which modifies the disclosure requirements for fair value measurements in Topic 820, Fair Value Measurement . The Company adopted this update on January 1, 2020. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Intangibles-Goodwill and Other—Internal-Use Software— In August 2018, the FASB issued an accounting standards update which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. The Company adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Co

Summary of Significant Accoun_2

Summary of Significant Accounting Policies - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates —The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates. Cash and Cash Equivalents —The Company considers all cash on hand, demand deposits with financial institutions, credit card receivables, and short-term, highly liquid investments with original maturities of three months or less to be cash equivalents. The Company has deposits in excess of $250,000 with financial institutions that are not insured by the Federal Deposit Insurance Corporation. The Company does not believe cash and cash equivalents expose it to significant credit risk. Restricted Cash —Restricted cash consists of deposits held for insurance collateral. Accounts Receivable and Allowance for Doubtful Accounts —Accounts receivable consists of receivables due from corporate customers and third-party internet intermediaries with respect to owned hotels, as well as royalty and other receivables due from franchisees. A provision for doubtful accounts is made when collection is considered doubtful. Balances are considered past due when payment is not received by the contractual due date. When management determines that accounts receivable are uncollectible, they are written off against the allowance for doubtful accounts. There were no material write-offs recognized during the years ended December 31, 2019, 2018 or 2017. Property Acquisitions —Identifiable net assets and liabilities acquired in an asset acquisition are recorded at cost, allocated based on their relative fair values on the date of acquisition. Identifiable net assets and liabilities acquired in a business combination are recorded based on their fair value on the date of acquisition. The fair value of acquired land, site improvements, building and improvements and furniture, fixtures and equipment are determined on an “if-vacant” basis considering a variety of factors, including the physical condition and quality of the hotels, estimated rates and valuation assumptions consistent with current market conditions, independent appraisals and other relevant market data obtained in connection with the acquisition of the hotels. Results of operations of acquired hotel properties are included in the accompanying consolidated statements of operations since their dates of acquisition. Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, the Company may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5). Intangible Assets —Intangible assets include trademarks, corporate customer relationships and licenses related to certain internal-use software. Corporate customer relationships and software licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships is 20 years, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks and licenses related to software in process are not amortized. Finite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Indefinite-lived intangible assets are reviewed for impairment quarterly. The Company tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. At such time their classification as indefinite-lived intangible assets is reassessed. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of its indefinite-lived intangible assets is less than its carrying amount. No impairment charges related to intangible assets were recognized during the years ended December 31, 2019, 2018 or 2017. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. The Company tests goodwill for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with our franchise and management segment. Management analyzes goodwill associated with all owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. No impairment charges related to goodwill were recognized during the years ended December 31, 2019, 2018 or 2017. Assets Held For Sale —The Company classifies assets as held for sale when management commits to a formal plan to sell the assets, actively seeks a buyer for the assets and the consummation of a sale is considered probable and is expected within one year. The Company takes into consideration when determining whether the consummation of a sale is probable the following criteria: (i) whether a purchase and sale agreement has been executed, (ii) whether the buyer has a significant non-refundable deposit at risk and (iii) whether significant financing contingencies exist. Upon designating an asset as held for sale, the Company stops recognizing depreciation expense and records the asset at the lower of its carrying value, including allocable goodwill, or its estimated fair value less estimated costs to sell. Any such adjustment to the carrying value is recognized as an impairment charge. Discontinued Operations— The Company classifies hotel properties sold or held for sale as discontinued operations when the disposal represents a strategic shift that has (or will have) a major effect on its operations and financial results, which would require separate presentation on the consolidated balance sheets and statements of operations. No hotel properties were classified as discontinued operations during the years ended December 31, 2019, 2018 or 2017. Deferred Financing Costs —Costs incurred in obtaining financing are amortized over the terms of the related loans on a straight-line basis, which approximates the effective interest method. Deferred financing costs are presented in the accompanying consolidated balance sheets as a direct deduction of the carrying amount of the related debt liability, except those incurred under a revolving-debt arrangement, which are presented as a component of other assets. Upon repayment, or in conjunction with a material change in the terms of the underlying debt agreement, remaining unamortized costs are written off as a component of net interest expense. Amortization of deferred financing costs is also included as a component of net interest expense (see Note 7). Revenue Generated from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, grab and go breakfast, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue Generated from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to management and franchise agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system services fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly. Advertising Costs —Advertising costs are expensed as incurred. For the years ended December 31, 2019, 2018 and 2017, total advertising costs were $29.4 million, $25.9 million and $23.0 million, respectively, and are classified as hotel operating expenses in the accompanying consolidated statements of operations. Fair Value of Financial Instruments —U.S. GAAP establishes a three-level valuation hierarchy based upon observable and unobservable inputs for fair value measurement of financial instruments: Level 1 —Observable inputs, such as quoted prices in active markets at the measurement date for identical assets or liabilities Level 2 —Significant inputs that are observable, directly or indirectly, such as other quoted prices in markets that are not active or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability Level 3 —Significant unobservable inputs for which there is little to no market data and for which the Company makes its own assumptions about how market participants would price the asset or liability Fair value is defined as the price that would be received when selling an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., exit price). In instances where inputs used to measure fair value fall into different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement in its entirety has been determined is based on the lowest-level input significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The Company’s financial instruments consist of cash and cash equivalents, restricted cash, accounts receivable, certain other assets (deposits), accounts payable and accrued liabilities, term loans, senior notes, mandatorily redeemable preferred stock and revolving credit facilities. The carrying values of cash and cash equivalents, restricted cash, accounts receivable, certain other assets, accounts payable and accrued liabilities and revolving credit facilities are representative of their fair values due to the short-term nature or frequent settlement of these instruments. The fair values of term loans, senior notes and mandatorily redeemable preferred stock are determined by comparing current borrowing rates and risk spreads offered in the market to the stated interest rates and spreads on the Company’s instruments or from quoted market prices, when available (see Note 7). Derivative Instruments —The Company from time to time uses derivative instruments to manage its exposure to interest rate and commodity price risks. The Company’s primary objective in holding derivatives is to reduce the volatility of cash flows and earnings associated with changes in interest rates and commodity prices. The Company’s derivatives expose it to credit risk to the extent that counterparties may be unable to meet the terms of the agreement. The Company seeks to mitigate such risks by limiting its counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored. Management does not expect material losses as a result of defaults by counterparties. Derivative instruments, including derivative instruments embedded in other contracts, are recorded in the accompanying consolidated balance sheets as either assets or liabilities measured at fair value, unless the transactions qualify and are designated as normal purchases and sales. Changes in fair value are recognized currently in earnings unless specific hedge accounting criteria are met (see Note 8). The Company does not enter into derivative instruments for trading or speculative purposes. Insurance Reserves —The Company utilizes various insurance programs for workers’ compensation, general liability and health insurance claims. Retained losses require estimates in determining the liability for claims arising under these programs. Workers’ compensation, general liability and health insurance liabilities are estimated using actuarial evaluations based on historical and projected claims and medical and other cost trends. As of December 31, 2019 and 2018, $40.6 million and $52.8 million, respectively, of liabilities for such insurance programs are included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets. Investments —The Company consolidates a subsidiary when it has the ability to direct the activities that most significantly impact the economic performance of the subsidiary. Judgment is required with respect to the consolidation of investments, including partnership and joint venture entities, in terms of the evaluation of control, including assessment of the importance of rights and privileges of the partners based on voting rights, as well as financial interests that are not controllable through voting interests. Third party equity interests in consolidated subsidiaries are presented as noncontrolling interests. If a subsidiary, affiliate or other entity is a variable interest entity ("VIE"), it is subject to the consolidation framework specifically for VIEs. The Company considers an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. In accordance with Financial Accounting Standards Board (“FASB”) ASC 810, Consolidations , the Company reviews subsidiaries and affiliates, as well as other entities, to determine if (i) they should be considered VIEs, and (ii) whether their consolidation determinations should change based on changes in their characteristics. Income Taxes —The Corporation’s taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its ownership of approximately 58% of ESH REIT. As a result, approximately 58% of ESH REIT’s distributions are subject to corporate income tax. The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. ESH REIT’s deferred tax rates are adjusted to reflect expected future distributions and the deduction allowed upon distribution. The Corporation’s deferred tax assets and liabilities include the estimated impact of the future reversal of ESH REIT’s deferred tax assets and liabilities which affect future dividend income to be recognized by the Corporation upon distribution. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under provisions of the Internal Revenue Code, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding capital gains, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017, ESH REIT distributed approximately 100% of its taxable income and, as a result, incurred minimal current federal income tax. In the future, ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. ESH REIT will incur federal and state income tax at statutory rates if its taxable income is not distributed. Accordingly, ESH REIT expects to distribute approximately 100% of its taxable income for the foreseeable future. In December 2017, the U.S. Congress passed H.R. 1, known as the “Tax Cuts and Jobs Act” or “TCJA,” which was signed into law on December 22, 2017. See Note 11 for additional information, including the TCJA’s impact on the Company’s income tax provision. Foreign Currency —The Company sold its three Extended Stay Canada-branded hotels in 2017. Prior to completion of the sale, the financial statements of the Company’s Canadian subsidiaries and its investments therein were maintained in their functional currency, the Canadian dollar, and their revenues and expenses were translated into U.S. dollars using the average exchange rate for the period. The assets and liabilities of these subsidiaries were translated into U.S. dollars using the exchange rate in effect at the balance sheet date. Due to the fact that the Company’s Canadian subsidiaries liquidated substantially all of their assets, their functional currency changed to the U.S. dollar and $14.5 million of accumulated foreign currency translation loss was charged to the consolidated statement of operations during the year ended December 31, 2017. Foreign currency transaction (gains) losses of $(0.4) million, $0.4 million and $(0.7) million are included in other non-operating income in the accompanying consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017, respectively. Comprehensive Income —Comprehensive income includes net income and other comprehensive income, which consists of foreign currency translation adjustments and interest rate cash flow hedge adjustments. Comprehensive income is presented in the accompanying consolidated statements of comprehensive income. Foreign currency translation adjustments and interest rate cash flow hedge adjustments are presented as separate components of consolidated equity. Equity-Based Compensation— The Corporation and ESH REIT each maintain a Long-Term Incentive Plan (“LTIP”), as amended and restated in 2015, approved by their shareholders. Under the LTIPs, the Corporation and ESH REIT may issue to eligible employees or directors equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The Company recognizes costs related to equity-based awards over their vesting periods. The issuing entity classifies equity-based awards granted in exchange for employee or director services as either equity awards or as liability awards. The classification of an award either as an equity award or a liability award is generally based upon cash settlement options. Equity awards are measured based on their fair value on the date of grant. Liability awards are re-measured to fair value each reporting period. The value of all awards is recognized over the requisite service period, which is the period during which an employee or director is required to provide services in exchange for the award (usually the vesting period). No compensation expense is recognized for awards for which employees or directors do not render the requisite services. All awards granted are classified as equity awards, except those equity-based awards issued by ESH REIT to its directors, which are classified as liability awards at the Corporation. Segments —The Company has two reportable operating segments based on the manner in which it evaluates its business: (i) owned hotels and (ii) franchise and management. The Company assesses the performance of these segments on an individual basis (see Note 9). Recently Issued Accounting Standards Fair Value Measurement— In August 2018, the FASB issued an accounting standards update which modifies the disclosure requirements for fair value measurements in Topic 820, Fair Value Measurement . The Company adopted this update on January 1, 2020. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Intangibles-Goodwill and Other—Internal-Use Software— In August 2018, the FASB issued an accounting standards update which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. The Company adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Co
ESH Hospitality, Inc.
Entity Information [Line Items]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates —The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment. Actual results could differ from those estimates. Cash and Cash Equivalents —ESH REIT considers all cash on hand, demand deposits with financial institutions and short-term, highly liquid investments with original maturities of three months or less to be cash equivalents. ESH REIT has deposits in excess of $250,000 with financial institutions that are not insured by the Federal Deposit Insurance Corporation. ESH REIT does not believe cash and cash equivalents expose it to significant credit risk. Property Acquisitions —Identifiable net assets and liabilities acquired in an asset acquisition are recorded at cost, allocated based on their relative fair values on the date of acquisition. Identifiable net assets and liabilities acquired in a business combination are recorded based on their fair value on the date of acquisition. The fair value of acquired land, site improvements, building and improvements and furniture, fixtures and equipment are determined on an “if-vacant” basis considering a variety of factors, including the physical condition and quality of the hotels, estimated rates and valuation assumptions consistent with current market conditions, independent appraisals and other relevant market data obtained in connection with the acquisition of the hotels. Results of operations of acquired hotel properties are included in the accompanying consolidated statements of operations since their dates of acquisition. Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. ESH REIT reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets or asset groups with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset or group of assets for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties (grouped under ESH REIT’s leases) to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, ESH REIT may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5). Intangible Assets —Intangible assets include licenses related to certain internal-use software. Licenses are amortized using the straight-line method over their estimated useful life, which is the remaining non-cancellable term of each respective contract. Intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. ESH REIT tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of its reporting unit below its carrying amount. No impairment charges related to intangible assets were recognized during the years ended December 31, 2019, 2018 or 2017. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of ESH REIT's predecessor in 2010. ESH REIT tests goodwill for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. ESH REIT has one operating segment, which is its reporting unit; therefore, management analyzes goodwill associated with all hotels when analyzing for potential impairment. ESH REIT first assesses qualitative factors to determine if it is more likely than not that the fair value of its reporting unit is less than its carrying amount. No impairment charges related to goodwill were recognized during the years ended December 31, 2019, 2018 or 2017. Assets Held For Sale —ESH REIT classifies assets as held for sale when management commits to a formal plan to sell the assets, actively seeks a buyer for the assets and the consummation of a sale is considered probable and is expected within one year. ESH REIT takes into consideration when determining whether the consummation of a sale is probable the following criteria: (i) whether a purchase and sale agreement has been executed, (ii) whether the buyer has a significant non-refundable deposit at risk and (iii) whether significant financing contingencies exist. Upon designating an asset as held for sale, ESH REIT stops recognizing depreciation expense and records the asset at the lower of its carrying value, including allocable goodwill, or its estimated fair value less estimated costs to sell. Any such adjustment to the carrying value is recognized as an impairment charge. Discontinued Operations— ESH REIT classifies hotel properties sold or held for sale as discontinued operations when the disposal represents a strategic shift that has (or will have) a major effect on ESH REIT’s operations and financial results, which would require separate presentation on the consolidated balance sheets and statements of operations. No hotel properties were classified as discontinued operations during the years ended December 31, 2019, 2018 or 2017. Deferred Financing Costs —Costs incurred in obtaining financing are amortized over the terms of the related loans on a straight-line basis, which approximates the effective interest method. Deferred financing costs are presented in the accompanying consolidated balance sheets as a direct deduction of the carrying amount of the related debt liability, except those incurred under a revolving-debt arrangement, which are presented as a component of other assets. Upon repayment, or in conjunction with a material change in the terms of the underlying debt agreement, remaining unamortized costs are written off as a component of net interest expense. Amortization of deferred financing costs is also included as a component of net interest expense (see Note 7). Revenue Recognition —ESH REIT’s sole source of revenues is rental revenue derived from operating leases with subsidiaries of the Corporation (i.e., all revenues are generated from agreements with related parties (see Note 12)). Rental revenues are recorded on a straight-line basis as they are earned during the lease terms. Rents receivable from Extended Stay America, Inc. on the accompanying consolidated balance sheets represent monthly rental amounts contractually due. Deferred rents receivable from Extended Stay America, Inc. on the accompanying consolidated balance sheets represent the cumulative difference between straight-line rental revenues recognized and rental revenues contractually due. Lease rental payments received prior to rendering services are included in unearned rental revenues from Extended Stay America, Inc. on the accompanying consolidated balance sheets. Variable rental revenues, specifically percentage rental revenues related to hotel revenues of the Operating Lessees, are recognized when such amounts are fixed and determinable (i.e., only when percentage rental revenue thresholds have been achieved). Fair Value of Financial Instruments —U.S. GAAP establishes a three-level valuation hierarchy based upon observable and unobservable inputs for fair value measurement of financial instruments: Level 1 —Observable inputs, such as quoted prices in active markets at the measurement date for identical assets or liabilities Level 2 —Significant inputs that are observable, directly or indirectly, such as other quoted prices in markets that are not active or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability Level 3 —Significant unobservable inputs for which there is little to no market data and for which ESH REIT makes its own assumptions about how market participants would price the asset or liability Fair value is defined as the price that would be received when selling an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., exit price). In instances where inputs used to measure fair value fall into different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement in its entirety has been determined is based on the lowest-level input significant to the fair value measurement. ESH REIT’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. ESH REIT’s financial instruments consist of cash and cash equivalents, certain other assets (deposits), accounts payable and accrued liabilities, intercompany and term loans, senior notes and its revolving credit facility. The carrying values of cash and cash equivalents, certain other assets (deposits), accounts payable and accrued liabilities and ESH REIT’s revolving credit facility are representative of their fair values due to the short-term nature or frequent settlement of these instruments. The fair values of intercompany and term loans and senior notes are determined by comparing current borrowing rates and risk spreads offered in the market to the stated interest rates and spreads on ESH REIT’s instruments or from quoted market prices, when available (see Note 7). Derivative Instruments —ESH REIT from time to time uses derivative instruments to manage its exposure to interest rate risks. ESH REIT’s primary objective in holding derivatives is to reduce the volatility of cash flows and earnings associated with changes in interest rates. ESH REIT’s derivatives expose it to credit risk to the extent that counterparties may be unable to meet the terms of the agreement. ESH REIT seeks to mitigate such risks by limiting its counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored. Management does not expect material losses as a result of defaults by counterparties. Derivative instruments, including derivative instruments embedded in other contracts, are recorded in the accompanying consolidated balance sheets as either assets or liabilities measured at fair value. Changes in fair value are recognized currently in earnings unless specific hedge accounting criteria are met (see Note 7). ESH REIT does not enter into derivative instruments for trading or speculative purposes. Investments —ESH REIT consolidates a subsidiary when it has the ability to direct the activities that most significantly impact the economic performance of the subsidiary. Judgment is required with respect to the consolidation of investments, including partnership and joint venture entities, in terms of the evaluation of control, including assessment of the importance of rights and privileges of the partners based on voting rights, as well as financial interests that are not controllable through voting interests. If a subsidiary, affiliate or other entity is a variable interest entity ("VIE"), it is subject to the consolidation framework specifically for VIEs. ESH REIT considers an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. In accordance with Financial Accounting Standards Board (“FASB”) ASC 810, Consolidations , ESH REIT reviews subsidiaries and affiliates, as well as other entities, to determine if (i) they should be considered VIEs, and (ii) whether their consolidation determinations should change based on changes in their characteristics. Income Taxes —ESH REIT accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, ESH REIT determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. ESH REIT’s deferred tax rates are adjusted to reflect expected future distributions and the deduction allowed upon distribution. ESH REIT recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, ESH REIT considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies and results of recent operations. If ESH REIT determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, ESH REIT would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. ESH REIT records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) ESH REIT determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, ESH REIT recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under provisions of the Internal Revenue Code, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding capital gains, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017, ESH REIT distributed approximately 100% of its taxable income and, as a result, incurred minimal current federal income tax. In the future, ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. ESH REIT will incur federal and state income tax at statutory rates if its taxable income is not distributed. Accordingly, ESH REIT expects to distribute approximately 100% of its taxable income for the foreseeable future. Foreign Currency —ESH REIT sold its three Canadian hotels in 2017. Prior to completion of the sale, the financial statements of ESH REIT’s Canadian subsidiaries and its investments therein were maintained in their functional currency, the Canadian dollar, and their revenues and expenses were translated into U.S. dollars using the average exchange rate for the period. The assets and liabilities of these subsidiaries were translated into U.S. dollars using the exchange rate in effect at the balance sheet date. Due to the fact that ESH REIT’s Canadian subsidiaries liquidated substantially all of their assets, their functional currency changed to the U.S. dollar and $12.5 million of accumulated foreign currency translation loss was charged to the consolidated statement of operations during the year ended December 31, 2017. Foreign currency transaction (gains) losses of $(0.3) million, $0.3 million and $(0.5) million are included in other non-operating income in the accompanying consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017, respectively. Comprehensive Income —Comprehensive income includes net income and other comprehensive income, which consists of foreign currency translation adjustments and interest rate cash flow hedge adjustments. Comprehensive income is presented in the accompanying consolidated statements of comprehensive income. Foreign currency translation adjustments and interest rate cash flow hedge adjustments are presented as separate components of consolidated equity. Equity-Based Compensation— ESH REIT maintains a Long-Term Incentive Plan (“LTIP”), as amended and restated in 2015, approved by its shareholders. Under the LTIP, ESH REIT may issue to eligible employees or directors equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. ESH REIT recognizes costs related to equity-based awards over their vesting periods. ESH REIT classifies equity-based awards granted in exchange for employee or director services as either equity awards or as liability awards. The classification of an award either as an equity award or a liability award is generally based upon cash settlement options. Equity awards are measured based on their fair value on the date of grant. Liability awards are re-measured to fair value each reporting period. The value of all awards is recognized over the requisite service period, which is the period during which an employee or director is required to provide services in exchange for the award (usually the vesting period). No compensation expense is recognized for awards for which employees or directors do not render the requisite services. All awards are classified as equity awards. Segments —ESH REIT’s hotel ownership business represents a single operating segment based on the manner in which ESH REIT manages its business and operations. Recently Issued Accounting Standards Fair Value Measurement— In August 2018, the FASB issued an accounting standards update which modifies the disclosure requirements for fair value measurements in Topic 820, Fair Value Measurement . ESH REIT adopted this update on January 1, 2020. The adoption of this update did not have a material effect on ESH REIT's consolidated financial statements. Intangibles-Goodwill and Other—Internal-Use Software— In August 2018, the FASB issued an accounting standards update which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. ESH REIT adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on ESH REIT's consolidated financial statements. Compensation—Stock Compensation— In June 2018, the FASB issued an accounting standards update which expands the scope of Topic 718, Stock Compensation, to include share-based payments granted to non-employees in exchange for goods or services. The new guidance simplifies the accounting for share-based payments granted to non-employees for goods or services by aligning it with the accounting for share-based payments granted to employees, with certain exceptions. Under the new guidance, non-employee share-based payment awards included within the scope of Topic 718 will be measured at the grant-date fair value of the equity instruments. In addition, classification of non-employee share-based payment awards will be subject to the requirements of Topic 718 unless modified after the good has been delivered and/or the service has been rendered and any other conditions necessary to earn the right to benefit from the instruments have been satisfied. This approach will eliminate the requirement to reassess classification of such awards upon vesting. ESH REIT adopted this update on January 1, 2019, using a retrospective method. The adoption of this update did not have a material effect on ESH REIT’s consolidated financial statements. Goodwill —In January 2017, the FASB issued an accounting standards update in which the guidance on testing for goodwill was updated to eliminate Step 2 in the determination on whether goodwill should be considered impaired. Annual and/or interim assessments are still required. ESH REIT adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on ESH REIT's consolidated financial statements. Leases —ASC 842, Leases , introduced a lessee model that requires a right-of-use asset and lease obligation to be presented on the balance sheet for all leases, whether operating or financing. ESH REIT adopted ASC 842 on January 1, 2019, using the modified retrospective approach with the Comparatives Under 840 Option, whereby ESH REIT applied the standard at the beginning of the period of adoption and has presented financial information for periods prior to January 1, 2019 in accordance with prior guidance. Upon adoption, ESH REIT elected practical expedients related to (i) the identification and classification of leases that commenced before the effective date, (ii) initial direct costs for leases that commenced before the effective date, (iii) the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset, (iv) land easements and (v) the evaluation of lease and non-lease components of a contract. Adoption had no cumulative effect on retained earnings. Adoption resulted in the recognition of operating lease right-of-use assets of $2.8 million, as of January 1, 2019, which included adjustments for accrued lease payments, above-market lease liabilities and lease incentives, and liabilities of $9.3 million. Finance lease right-of-use assets and liabilities recognized as of January 1, 2019, included preexisting assets and liabilities of $3.8 million and $3.4 million, respectively, related to capital leases accounted for under prior guidance. Judgment was exercised in the application of ASC 842 with respect to the determination of whether a contract contains a lease. While the ability to control and direct the use of an identified asset indicates that the contract, or portion of a contract, is a lease, a counterparty’s substantive substitution rights typically provide evidence that a lessee does not control the asset. Judgment was also exercised with respect to the determination of the discount rate used to determine the present value of lease payments. In instances in which interest rates implicit in leases are not readily determinable, ESH REIT uses its incremental borrowing rate. The substantial majority of widely available market maturities and asset-specific risk spreads may not match the underlying contract and, as such, borrowing rates and risk spreads are estimated based on the contract’s term, the counterparty’s security and other characteristics of the identified asset. Under ASC 842, lessor accounting for leases did not substantially change from previous guidance; however, the standard introduced certain modifications to conform lessor accounting with the lessee model, further defined certain lease and non-lease components and changed the definition of initial direct costs of leases. The adoption of ASC 842 did not have a material effect on ESH REIT’s revenue recognition or disclosures.

Net Income Per Share

Net Income Per Share	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Net Income Per Share	NET INCOME PER SHAREBasic net income per share is computed by dividing net income available to common shareholders by the weighted-average number of shares of the Corporation’s unrestricted common stock outstanding. Diluted net income per share is computed by dividing net income available to common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted common stock outstanding plus potentially dilutive securities. Dilutive securities include certain equity-based awards (see Note 15) and are included in the calculation provided that the inclusion of such securities is not anti-dilutive. The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Year Ended December 31, 2019 2018 2017 Numerator: Net income available to Extended Stay America, Inc. $ 69,668 $ 112,864 $ 78,847 Income attributable to noncontrolling interests assuming (82) (128) (392) Net income available to Extended Stay America, Inc. $ 69,586 $ 112,736 $ 78,455 Denominator: Weighted-average number of Extended Stay America, Inc. $ 186,546 $ 189,389 $ 193,101 Dilutive securities 276 432 569 Weighted-average number of Extended Stay America, Inc. $ 186,822 $ 189,821 $ 193,670 Net income per Extended Stay America, Inc. $ 0.37 $ 0.60 $ 0.41 Net income per Extended Stay America, Inc. $ 0.37 $ 0.59 $ 0.41

Net Income Per Share - REIT

Net Income Per Share - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Net Income Per Share	NET INCOME PER SHAREBasic net income per share is computed by dividing net income available to common shareholders by the weighted-average number of shares of the Corporation’s unrestricted common stock outstanding. Diluted net income per share is computed by dividing net income available to common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted common stock outstanding plus potentially dilutive securities. Dilutive securities include certain equity-based awards (see Note 15) and are included in the calculation provided that the inclusion of such securities is not anti-dilutive. The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Year Ended December 31, 2019 2018 2017 Numerator: Net income available to Extended Stay America, Inc. $ 69,668 $ 112,864 $ 78,847 Income attributable to noncontrolling interests assuming (82) (128) (392) Net income available to Extended Stay America, Inc. $ 69,586 $ 112,736 $ 78,455 Denominator: Weighted-average number of Extended Stay America, Inc. $ 186,546 $ 189,389 $ 193,101 Dilutive securities 276 432 569 Weighted-average number of Extended Stay America, Inc. $ 186,822 $ 189,821 $ 193,670 Net income per Extended Stay America, Inc. $ 0.37 $ 0.60 $ 0.41 Net income per Extended Stay America, Inc. $ 0.37 $ 0.59 $ 0.41
ESH Hospitality, Inc.
Entity Information [Line Items]
Net Income Per Share	NET INCOME PER SHARE Basic net income per share is computed by dividing net income available to Class A and Class B common shareholders by the weighted-average number of shares of unrestricted Class A and Class B common stock outstanding, respectively. Diluted net income per share is computed by dividing net income available to Class A and Class B common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted Class A and Class B common stock outstanding, respectively, plus potentially dilutive securities. Dilutive securities include certain equity-based awards (see Note 14) and are included in the calculation provided that the inclusion of such securities is not anti-dilutive. The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Year Ended December 31, 2019 2018 2017 Numerator: Net income $ 225,887 $ 230,129 $ 214,984 Less preferred dividends (16) (16) (16) Net income available to ESH Hospitality, Inc. common shareholders $ 225,871 $ 230,113 $ 214,968 Class A: Net income available to ESH Hospitality, Inc. Class A common $ 129,460 $ 131,039 $ 121,627 Less amounts available to ESH Hospitality, Inc. Class B (82) (128) (392) Net income available to ESH Hospitality, Inc. Class A common shareholders - diluted $ 129,378 $ 130,911 $ 121,235 Class B: Net income available to ESH Hospitality, Inc. Class B common shareholders - basic $ 96,411 $ 99,074 $ 93,341 Amounts available to ESH Hospitality, Inc. Class B shareholders 82 128 — Net income available to ESH Hospitality, Inc. Class B common shareholders - diluted $ 96,493 $ 99,202 $ 93,341 Denominator: Class A: Weighted-average number of ESH Hospitality, Inc. Class A common shares outstanding - basic and diluted 250,494 250,494 250,494 Class B: Weighted-average number of ESH Hospitality, Inc. Class B common shares outstanding - basic $ 186,546 $ 189,389 $ 193,101 Dilutive securities 276 432 — Weighted-average number of ESH Hospitality, Inc. Class B common shares outstanding - diluted $ 186,822 $ 189,821 $ 193,101 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.49 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.48 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.48 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.48 Anti-dilutive securities excluded from net income per common share - Class B - diluted — — 569

Hotel Acquisitions and Disposit

Hotel Acquisitions and Dispositions	12 Months Ended
	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Hotel Acquisitions and Dispositions	HOTEL ACQUISITIONS AND DISPOSITIONS ACQUISITIONS 2019 Acquisition — On November 12, 2019, the Company acquired a 121-room operating hotel from Crestwood Suites of Lakeland, LLC for $10.0 million. Other than ordinary components of prorated net working capital, no liabilities were assumed in the purchase. The majority of the purchase price was allocated to building and improvements, with estimated useful lives ranging from five 2018 Acquisition — On May 30, 2018, the Company acquired a 115-room operating hotel from Legacy Rock Hill, LLC for $13.0 million. Other than ordinary components of prorated net working capital, no liabilities were assumed in the purchase. The majority of the purchase price was allocated to building and improvements, with estimated useful lives ranging from four During the years ended December 31, 2019 and 2018, acquired hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,003 $ 1,106 Total operating expenses 1,868 966 Income before income tax expense 135 140 DISPOSITIONS No hotels were sold during the year ended December 31, 2019. The table below summarizes hotel dispositions for the years ended December 31, 2018 and 2017 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Year Brand Location Month Sold Number of Number of Rooms Net Proceeds Gain (Loss) on Sale Franchised/Managed (1) 2018 Extended Stay America Various November 14 1,386 $ 34,855 $ 1,331 (2) Yes 2018 Extended Stay America Various September 16 1,677 $ 60,710 $ 6,293 (2) Yes 2018 Extended Stay America Various September 16 1,772 $ 58,144 $ (3,014) (2) Yes 2018 Extended Stay America Various February 25 2,420 $ 111,156 $ 6,810 (2) Yes 2018 Extended Stay America Texas March 1 101 $ 44,090 $ 31,058 No (3) 2017 Extended Stay America Colorado December 1 160 $ 15,985 $ 11,870 No (3) 2017 Extended Stay Canada Canada May 3 500 $ 43,551 $ (1,894) (4) No 2017 Other Massachusetts May 1 101 $ 5,092 $ (2) (2) No ____________________ (1) As of December 31, 2019. (2) Net of impairment charge of $16.8 million , $24.3 million, $6.3 million, $2.1 million and $1.7 million, respectively, recognized prior to sale. (3) Management agreement terminated in 2019. (4) Due to the fact that the Company’s Canadian subsidiaries liquidated substantially all of their assets, $14.5 million of accumulated foreign currency translation loss was recognized at the time of sale. Additionally, an impairment charge of $12.4 million was recorded prior to sale. During the years ended December 31, 2018 and 2017, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and (loss) income before income tax expense as follows (in thousands): Year Ended December 31, 2018 2017 Total room and other hotel revenues $ 53,494 $ 102,593 Total operating expenses 83,336 104,511 Loss before income tax expense (1) (29,842) (1,605) _____________________ (1) Includes impairment charges of $37.4 million and $19.2 million for the years ended December 31, 2018 and 2017, respectively.

Hotel Acquisitions and Dispos_2

Hotel Acquisitions and Dispositions - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Hotel Acquisitions and Dispositions	HOTEL ACQUISITIONS AND DISPOSITIONS ACQUISITIONS 2019 Acquisition — On November 12, 2019, the Company acquired a 121-room operating hotel from Crestwood Suites of Lakeland, LLC for $10.0 million. Other than ordinary components of prorated net working capital, no liabilities were assumed in the purchase. The majority of the purchase price was allocated to building and improvements, with estimated useful lives ranging from five 2018 Acquisition — On May 30, 2018, the Company acquired a 115-room operating hotel from Legacy Rock Hill, LLC for $13.0 million. Other than ordinary components of prorated net working capital, no liabilities were assumed in the purchase. The majority of the purchase price was allocated to building and improvements, with estimated useful lives ranging from four During the years ended December 31, 2019 and 2018, acquired hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,003 $ 1,106 Total operating expenses 1,868 966 Income before income tax expense 135 140 DISPOSITIONS No hotels were sold during the year ended December 31, 2019. The table below summarizes hotel dispositions for the years ended December 31, 2018 and 2017 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Year Brand Location Month Sold Number of Number of Rooms Net Proceeds Gain (Loss) on Sale Franchised/Managed (1) 2018 Extended Stay America Various November 14 1,386 $ 34,855 $ 1,331 (2) Yes 2018 Extended Stay America Various September 16 1,677 $ 60,710 $ 6,293 (2) Yes 2018 Extended Stay America Various September 16 1,772 $ 58,144 $ (3,014) (2) Yes 2018 Extended Stay America Various February 25 2,420 $ 111,156 $ 6,810 (2) Yes 2018 Extended Stay America Texas March 1 101 $ 44,090 $ 31,058 No (3) 2017 Extended Stay America Colorado December 1 160 $ 15,985 $ 11,870 No (3) 2017 Extended Stay Canada Canada May 3 500 $ 43,551 $ (1,894) (4) No 2017 Other Massachusetts May 1 101 $ 5,092 $ (2) (2) No ____________________ (1) As of December 31, 2019. (2) Net of impairment charge of $16.8 million , $24.3 million, $6.3 million, $2.1 million and $1.7 million, respectively, recognized prior to sale. (3) Management agreement terminated in 2019. (4) Due to the fact that the Company’s Canadian subsidiaries liquidated substantially all of their assets, $14.5 million of accumulated foreign currency translation loss was recognized at the time of sale. Additionally, an impairment charge of $12.4 million was recorded prior to sale. During the years ended December 31, 2018 and 2017, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and (loss) income before income tax expense as follows (in thousands): Year Ended December 31, 2018 2017 Total room and other hotel revenues $ 53,494 $ 102,593 Total operating expenses 83,336 104,511 Loss before income tax expense (1) (29,842) (1,605) _____________________ (1) Includes impairment charges of $37.4 million and $19.2 million for the years ended December 31, 2018 and 2017, respectively.
ESH Hospitality, Inc.
Entity Information [Line Items]
Hotel Acquisitions and Dispositions	HOTEL ACQUISITIONS AND DISPOSITIONS ACQUISITIONS 2019 Acquisition — On November 12, 2019, ESH REIT acquired a 121-room operating hotel from Crestwood Suites of Lakeland, LLC for $10.0 million. Other than ordinary components of prorated net working capital, no liabilities were assumed in the purchase. The majority of the purchase price was allocated to building and improvements, with estimated useful lives ranging from five 2018 Acquisition — On May 30, 2018, ESH REIT acquired a 115-room operating hotel from Legacy Rock Hill, LLC for $13.0 million. Other than ordinary components of prorated net working capital, no liabilities were assumed in the purchase. The majority of the purchase price was allocated to building and improvements, with estimated useful lives ranging from four During the years ended December 31, 2019 and 2018, acquired hotel properties contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Years ended December 31, 2019 2018 Rental revenues from Extended Stay America, Inc. $ 1,087 $ 728 Total operating expenses 882 475 Income before income tax expense 205 253 DISPOSITIONS No hotels were sold during the year ended December 31, 2019. The table below summarizes hotel dispositions for the years ended December 31, 2018 and 2017 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Year Location Month Sold Number of Hotels Number of Rooms Net Proceeds Gain (Loss) on Sale 2018 Various November 14 1,386 $ 34,855 $ (14,930) 2018 Various September 16 1,677 $ 60,710 $ (17,025) 2018 Various September 16 1,772 $ 58,144 $ (8,934) 2018 Various February 25 2,420 $ 111,156 $ 4,269 2018 Texas March 1 101 $ 44,090 $ 30,992 2017 Colorado December 1 160 $ 15,985 $ (1,507) 2017 Canada May 3 500 $ 43,551 $ (1,767) (1) 2017 Massachusetts May 1 101 $ 5,092 $ 11,836 _________________________________ (1) Due to the fact that ESH REIT’s Canadian subsidiary liquidated substantially all of its assets, $12.5 million of accumulated foreign currency translation loss was recognized at the time of sale. Additionally, an impairment charge of $15.0 million was recognized prior to sale. During the years ended December 31, 2018 and 2017, disposed hotel properties contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2018 2017 Rental revenues from Extended Stay America, Inc. $ 22,346 $ 54,097 Total operating expenses 15,917 48,858 Income before income tax expense 6,429 5,552 (1) _________________________________ (1) Includes impairment charge of $15.0 million.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment	PROPERTY AND EQUIPMENT Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, 2018 Hotel properties: Land and site improvements (1) $ 1,228,231 $ 1,215,710 Building and improvements 2,792,579 2,729,661 Furniture, fixtures and equipment 745,145 674,545 Total hotel properties 4,765,955 4,619,916 Development in process (2) 70,864 27,174 Corporate furniture, fixtures, equipment, software and other 30,680 24,647 Total cost 4,867,499 4,671,737 Less accumulated depreciation: Hotel properties (1,353,772) (1,201,260) Corporate furniture, fixtures, equipment, software and other (20,178) (16,845) Total accumulated depreciation (1,373,950) (1,218,105) Property and equipment—net $ 3,493,549 $ 3,453,632 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively. As of December 31, 2019 and 2018, development in process consisted of 15 and 11 land parcels, respectively, that were in various phases of construction and/or development. During 2019, the Company completed construction of a 124-room hotel in Florida and a 136-room hotel in Arizona. The hotels opened in December 2019. In September 2018, the Company acquired a hotel under construction from Legacy Greenville, LLC for $12.3 million. The hotel opened during the fourth quarter of 2018. During the years ended December 31, 2019 and 2018, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,199 $ 152 Total operating expenses 1,856 201 Income (loss) before income tax expense 343 (49) The Company recognized an impairment charge of $2.7 million for one hotel located in New York during the year ended December 31, 2019, as a result of a decline in the hotel's estimated future operating cash flows. During the year ended December 31, 2018, the Company recognized impairment charges totaling $43.6 million for 21 hotels generally located in the Midwestern U.S., the majority of which were incurred with evaluating the potential sale of certain non-core assets. During the year ended December 31, 2017, the Company recognized impairment charges totaling $25.2 million for nine hotels, $12.4 million of which related to Extended Stay Canada-branded hotels. The Company used Level 3 unobservable inputs and in certain instances Level 2 observable inputs to determine the impairment on its property and equipment. Quantitative information with respect to observable inputs consists of non-binding bids or, in certain instances, binding agreements to sell a hotel or portfolio of hotels to one or more third parties. Quantitative information with respect to unobservable inputs consists of internally developed cash flow models that include the following assumptions, among others: projections of revenues, expenses and hotel-related cash flows based on assumed long-term growth rates, demand trends, expected future capital expenditures, estimated discount rates that range from 6% to 10% and terminal capitalization rates that range from 7% to 11%. These assumptions are based on historical data and experience, budgets, industry projections and overall micro- and macro-economic projections.

Property and Equipment - REIT

Property and Equipment - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Property and Equipment	PROPERTY AND EQUIPMENT Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, 2018 Hotel properties: Land and site improvements (1) $ 1,228,231 $ 1,215,710 Building and improvements 2,792,579 2,729,661 Furniture, fixtures and equipment 745,145 674,545 Total hotel properties 4,765,955 4,619,916 Development in process (2) 70,864 27,174 Corporate furniture, fixtures, equipment, software and other 30,680 24,647 Total cost 4,867,499 4,671,737 Less accumulated depreciation: Hotel properties (1,353,772) (1,201,260) Corporate furniture, fixtures, equipment, software and other (20,178) (16,845) Total accumulated depreciation (1,373,950) (1,218,105) Property and equipment—net $ 3,493,549 $ 3,453,632 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively. As of December 31, 2019 and 2018, development in process consisted of 15 and 11 land parcels, respectively, that were in various phases of construction and/or development. During 2019, the Company completed construction of a 124-room hotel in Florida and a 136-room hotel in Arizona. The hotels opened in December 2019. In September 2018, the Company acquired a hotel under construction from Legacy Greenville, LLC for $12.3 million. The hotel opened during the fourth quarter of 2018. During the years ended December 31, 2019 and 2018, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,199 $ 152 Total operating expenses 1,856 201 Income (loss) before income tax expense 343 (49) The Company recognized an impairment charge of $2.7 million for one hotel located in New York during the year ended December 31, 2019, as a result of a decline in the hotel's estimated future operating cash flows. During the year ended December 31, 2018, the Company recognized impairment charges totaling $43.6 million for 21 hotels generally located in the Midwestern U.S., the majority of which were incurred with evaluating the potential sale of certain non-core assets. During the year ended December 31, 2017, the Company recognized impairment charges totaling $25.2 million for nine hotels, $12.4 million of which related to Extended Stay Canada-branded hotels. The Company used Level 3 unobservable inputs and in certain instances Level 2 observable inputs to determine the impairment on its property and equipment. Quantitative information with respect to observable inputs consists of non-binding bids or, in certain instances, binding agreements to sell a hotel or portfolio of hotels to one or more third parties. Quantitative information with respect to unobservable inputs consists of internally developed cash flow models that include the following assumptions, among others: projections of revenues, expenses and hotel-related cash flows based on assumed long-term growth rates, demand trends, expected future capital expenditures, estimated discount rates that range from 6% to 10% and terminal capitalization rates that range from 7% to 11%. These assumptions are based on historical data and experience, budgets, industry projections and overall micro- and macro-economic projections.
ESH Hospitality, Inc.
Entity Information [Line Items]
Property and Equipment	PROPERTY AND EQUIPMENT Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, Hotel properties: Land and site improvements (1) $ 1,230,598 $ 1,218,077 Building and improvements 2,824,061 2,756,674 Furniture, fixtures and equipment 751,417 679,944 Total hotel properties 4,806,076 4,654,695 Development in process (2) 70,864 27,174 Other 1,675 1,675 Total cost 4,878,615 4,683,544 Less accumulated depreciation (1,372,595) (1,215,899) Property and equipment—net $ 3,506,020 $ 3,467,645 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively. As of December 31, 2019 and 2018, development in process consisted of 15 and 11 land parcels, respectively, that were in various phases of construction and/or development. During 2019, ESH REIT completed construction of a 124-room hotel in Florida and a 136-room hotel in Arizona. The hotels opened and were leased to the Corporation commencing in December 2019. In September 2018, ESH REIT acquired a hotel under construction from Legacy Greenville, LLC for $12.3 million. The hotel opened and was leased to the Corporation commencing in the fourth quarter of 2018. During the years ended December 31, 2019 and 2018, newly-built hotels contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Rental revenues $ 1,385 $ 81 Total operating expenses 909 79 Income before income tax expense 476 2 No impairment charges were recognized during the years ended December 31, 2019 and 2018. During the year ended December 31, 2017, ESH REIT recognized $15.0 million of impairment charges related to its Canadian hotels. ESH REIT used Level 3 unobservable inputs and in certain instances Level 2 observable inputs to determine the impairment on its property and equipment. Quantitative information with respect to observable inputs consists of non-binding bids or, in certain instances, binding agreements to sell a hotel or portfolio of hotels to one or more third parties. Quantitative information with respect to unobservable inputs consists of internally developed cash flow models that include the following assumptions, among others: projections of revenues, expenses and hotel-related cash flows based on assumed long-term growth rates, demand trends, expected future capital expenditures, estimated discount rates that range from 6% to 10% and terminal capitalization rates that range from 7% to 11%. These assumptions are based on historical data and experience, budgets, industry projections and overall micro- and macro-economic projections.

Intangible Assets and Goodwill

Intangible Assets and Goodwill	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	INTANGIBLE ASSETS AND GOODWILL The Company’s intangible assets and goodwill as of December 31, 2019 and 2018, consist of the following (dollars in thousands): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (12,370) $ 14,430 Definite-lived intangible assets—software licenses 10,353 (763) 9,590 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 47,316 (13,133) 34,183 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 92,508 $ (13,133) $ 79,375 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (11,029) $ 15,771 Definite-lived intangible assets—software licenses 1,926 (36) 1,890 Definite-lived intangible assets—software licenses in process 870 — 870 Indefinite-lived intangible assets—trademarks 10,183 — 10,183 Total intangible assets 39,779 (11,065) 28,714 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 84,971 $ (11,065) $ 73,906 The remaining weighted-average amortization period for amortizing intangible assets is approximately 10 years as of December 31, 2019. Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, 2020 $ 2,564 2021 2,564 2022 2,564 2023 2,564 2024 2,564 Thereafter 11,200 Total $ 24,020

Intangible Assets and Goodwill

Intangible Assets and Goodwill - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Intangible Assets and Goodwill	INTANGIBLE ASSETS AND GOODWILL The Company’s intangible assets and goodwill as of December 31, 2019 and 2018, consist of the following (dollars in thousands): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (12,370) $ 14,430 Definite-lived intangible assets—software licenses 10,353 (763) 9,590 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 47,316 (13,133) 34,183 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 92,508 $ (13,133) $ 79,375 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (11,029) $ 15,771 Definite-lived intangible assets—software licenses 1,926 (36) 1,890 Definite-lived intangible assets—software licenses in process 870 — 870 Indefinite-lived intangible assets—trademarks 10,183 — 10,183 Total intangible assets 39,779 (11,065) 28,714 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 84,971 $ (11,065) $ 73,906 The remaining weighted-average amortization period for amortizing intangible assets is approximately 10 years as of December 31, 2019. Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, 2020 $ 2,564 2021 2,564 2022 2,564 2023 2,564 2024 2,564 Thereafter 11,200 Total $ 24,020
ESH Hospitality, Inc.
Entity Information [Line Items]
Intangible Assets and Goodwill	INTANGIBLE ASSETS AND GOODWILLESH REIT’s intangible assets and goodwill as of December 31, 2019 and 2018, consist of the following (dollars in thousands): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—software licenses $ 10,353 $ (763) $ 9,590 Goodwill 44,012 — 44,012 Total intangible assets and goodwill $ 54,365 $ (763) $ 53,602 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—software licenses $ 1,926 $ (36) $ 1,890 Definite-lived intangible assets—software licenses in process $ 870 $ — $ 870 Total intangible assets $ 2,796 $ (36) $ 2,760 Goodwill $ 44,012 $ — $ 44,012 Total intangible assets and goodwill $ 46,808 $ (36) $ 46,772 The remaining weighted-average amortization period for amortizing intangible assets is approximately eight years as of December 31, 2019. Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, 2020 $ 1,224 2021 1,224 2022 1,224 2023 1,224 2024 1,224 Thereafter 3,470 Total $ 9,590

Debt

Debt	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Debt	DEBT During the years ended December 31, 2019 and 2018, the following debt transactions occurred (in thousands): December 31, 2019 December 31, 2018 Debt, net of deferred financing costs and debt discount(s) - beginning of year (1) $ 2,395,507 $ 2,534,768 Additions: Proceeds from senior notes 750,000 — Amortization and write-off of deferred financing costs and debt discount (2) 12,967 7,954 Deductions: Payments on term loan facilities (507,261) (147,215) Payments of deferred financing costs (2) (18,577) — Debt, net of deferred financing costs and debt discount(s) - end of year (1) $ 2,632,636 $ 2,395,507 ______________________ (1) Excludes mandatorily redeemable preferred stock and finance lease obligations. (2) Excludes amortization and payments of deferred financing costs related to revolving credit facilities. Summary —The Company’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of December 31, 2019 and 2018, consists of the following (dollars in thousands): Carrying Amount Unamortized Deferred Financing Costs Loan Stated December 31, 2019 December 31, 2018 December 31, 2019 December 31, 2018 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $630,909 $627,368 (1) $1,132,259 (1) $9,030 $10,546 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,292,986 (4) 1,291,671 (4) 15,055 17,877 5.25% 5/1/2025 2027 Notes 750,000 750,000 — 13,633 — 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 2,606 (5) 1,469 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 — — 556 (5) 292 (5) LIBOR (2) + 2.25% 9/18/2024 Unsecured Intercompany Facility Unsecured Intercompany Facility (6) 75,000 — — — — 5.00% 9/18/2026 Total $ 2,670,354 $ 2,423,930 $ 40,880 $ 30,184 ______________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $2.0 million and $4.3 million as of December 31, 2019 and 2018, respectively. (2) As of December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.50%, respectively. As of December 31, 2019 and 2018, $200.0 million and $300.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $7.0 million and $8.3 million as of December 31, 2019 and 2018, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying consolidated balance sheets. (6) Any outstanding debt balances and interest expense, as applicable, owed from ESH REIT to the Corporation eliminate in consolidation. ESH REIT Credit Facilities ESH REIT’s credit agreement, as may be amended and supplemented from time to time, provides for senior secured credit facilities (collectively, the “ESH REIT Credit Facilities”) which, as of December 31, 2019, consisted of a $630.9 million senior secured term loan facility (the “ESH REIT Term Facility”) and a $350.0 million senior secured revolving credit facility (the “ESH REIT Revolving Credit Facility”). Subject to the satisfaction of certain criteria, borrowings under the ESH REIT Credit Facilities may be increased by an amount of up to $600.0 million, plus additional amounts, so long as, after giving effect to the incurrence of such incremental facility and the application of proceeds thereof, ESH REIT’s pro-forma senior loan-to-value ratio is less than or equal to 45%. In September 2019, ESH REIT entered into an amendment to the ESH REIT Credit Facilities whereby, among other things, proceeds from the issuance of the 2027 Notes (defined below) were used to repay $500.0 million of the then outstanding borrowings under the ESH REIT Term Facility and the stated amount of the ESH REIT Term Facility was reduced from $1,130.9 million to $630.9 million. Additionally, the amendment reduced the interest rate applicable to the ESH REIT Revolving Credit Facility and extended the maturity of both the ESH REIT Term Facility and the ESH REIT Revolving Credit Facility. In connection with these transactions, ESH REIT incurred $6.7 million of debt extinguishment and modification costs, which consist of the write-off of unamortized deferred financing costs and discounts of $5.6 million and other costs of $1.1 million. Debt extinguishment and modification costs are included as a component of net interest expense in the accompanying consolidated statements of operations. Obligations under the ESH REIT Credit Facilities are guaranteed by certain existing and future material domestic subsidiaries of ESH REIT, other than those owning real property, subject to customary exceptions. Obligations under the ESH REIT Credit Facilities are secured, subject to certain exceptions, including an exception for real property, by a first-priority security interest in substantially all of the assets of ESH REIT and the guarantors. ESH REIT Term Facility — The ESH REIT Term Facility bears interest at a rate equal to (i) LIBOR plus 1.75% for any period during which ESH REIT maintains a public corporate family rating better than or equal to BB (with a stable or better outlook) from S&P and Ba3 (with a stable or better outlook) from Moody’s (a “Level 1 Period”) or LIBOR plus 2.00% for any period other than a Level 1 Period; or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR rate plus 1.00%), plus 0.75% during a Level 1 Period or 1.00% for any period other than a Level 1 Period. The ESH REIT Term Facility amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required. The ESH REIT Term Facility matures on September 18, 2026. ESH REIT has the option to voluntarily prepay outstanding loans under the ESH REIT Term Facility at any time. In addition to customary breakage costs, amounts refinanced, substituted or replaced by indebtedness in connection with certain repricing transactions which have a lower all-in yield than the all-in yield under the ESH REIT Term Facility on or prior to March 18, 2020 (other than as a result of a transformative transaction) are subject to a prepayment penalty equal to 1.00% of the aggregate principal amount refinanced, substituted or replaced. Prepayments made after March 18, 2020 are not subject to a prepayment penalty. ESH REIT Revolving Credit Facility —Borrowings under the ESH REIT Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus a spread that ranges from 1.50% to 2.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined, or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50%, or (C) the one-month adjusted LIBOR rate plus 1.00%) plus a spread that ranges from 0.50% to 1.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined. ESH REIT incurs a fee of 0.30% or 0.175% on the unutilized revolver balance. ESH REIT is also required to pay customary letter of credit fees and agency fees. The ESH REIT Revolving Credit Facility provides for the issuance of up to $50.0 million of letters of credit. As of December 31, 2019, ESH REIT had no letters of credit outstanding under the facility and available borrowing capacity of $350.0 million. The ESH REIT Revolving Credit Facility matures on September 18, 2024. The ESH REIT Revolving Credit Facility is subject to a springing financial covenant whereby the senior loan-to-value ratio may not exceed 45% when the aggregate principal amount of borrowings and letters of credit under the ESH REIT Revolving Credit Facility, excluding up to $30.0 million of letters of credit, is equal to or greater than 35% of the aggregate available principal amount of the ESH REIT Revolving Credit Facility on the applicable fiscal quarter end date. ESH REIT 2025 Notes In May 2015 and March 2016 , ESH REIT issued $500.0 million and $800.0 million, respectively, of its 5.25% senior notes due in 2025 (the “2025 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, in private placements pursuant to Rule 144A of the Securities Act of 1933, as amended. The 2025 Notes bear interest at a fixed rate of 5.25% per annum, payable semi-annually in arrears on May 1 and November 1 of each year, and mature on May 1, 2025. ESH REIT may redeem the 2025 Notes at any time on or after May 1, 2020, in whole or in part, at a redemption price equal to 102.625% of the principal amount, declining annually to 100% of the principal amount from May 1, 2023 and thereafter, plus accrued and unpaid interest. Prior to May 1, 2020, ESH REIT may redeem the 2025 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Upon a Change of Control, as defined, holders of the 2025 Notes have the right to require ESH REIT to redeem the 2025 Notes at 101% of the principal amount, plus accrued and unpaid interest. The 2025 Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of ESH REIT’s subsidiaries that guarantee ESH REIT’s obligations under the ESH REIT Credit Facilities. The 2025 Notes rank equally in right of payment with ESH REIT’s existing and future senior unsecured indebtedness, and senior in right of payment to all future subordinated indebtedness, if any. The 2025 Notes are effectively junior to any of ESH REIT’s secured indebtedness to the extent of the value of the assets securing such indebtedness. ESH REIT 2027 Notes In September 2019, ESH REIT issued $750.0 million of its 4.625% senior notes due in 2027 (the “2027 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, at a price equal to 100% of par value in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. Proceeds received from the issuance of the 2027 Notes, net of financing costs, totaled $738.0 million, $500.0 million of which were used to repay a portion of outstanding borrowings under the ESH REIT Term Loan. The remaining proceeds, $238.0 million, are expected to be used for general corporate purposes. The 2027 Notes bear interest at a fixed rate of 4.625% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, commencing April 1, 2020, and mature on October 1, 2027. ESH REIT may redeem the 2027 Notes at any time on or after October 1, 2022, in whole or in part, at a redemption price equal to 102.313% of the principal amount, declining annually to 100% of the principal amount from October 1, 2024 and thereafter, plus accrued and unpaid interest. Prior to October 1, 2022, ESH REIT may redeem the 2027 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Prior to October 1, 2022, subject to certain conditions, ESH REIT may redeem up to 35% of the aggregate principal amount of the 2027 Notes at a redemption price equal to 101% of the aggregate principal amount, plus accrued and unpaid interest, with the net cash proceeds from certain equity offerings, provided 65% of the original amount of the principal remains outstanding after the occurrence of each such redemption. Upon a Change of Control, as defined, holders of the 2027 Notes have the right to require ESH REIT to redeem the 2027 Notes at 101% of the principal amount, plus accrued and unpaid interest. The 2027 Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of ESH REIT’s subsidiaries that guarantee ESH REIT’s obligations under the ESH REIT Credit Facilities. The 2027 Notes are not guaranteed by the Corporation or any of its subsidiaries that lease ESH REIT’s properties or its subsidiaries that engage in franchising or management activities or own intellectual property. The 2027 Notes rank equally in right of payment with ESH REIT’s existing and future senior unsecured indebtedness, and senior in right of payment to all future subordinated indebtedness, if any. The 2027 Notes are effectively junior to any of ESH REIT’s secured indebtedness to the extent of the value of the assets securing such indebtedness. Corporation Revolving Credit Facility The Corporation’s revolving credit facility, as may be amended and supplemented from time to time (the “Corporation Revolving Credit Facility”), provides for the issuance of up to $50.0 million of letters of credit as well as borrowing on same day notice, referred to as swingline loans, in an amount of up to $20.0 million. In September 2019, the Corporation entered into an amendment to the Corporation Revolving Credit Facility which, among other things, extended the facility’s maturity and reduced the interest rate spread on utilized and unutilized revolver balances. Borrowings under the Corporation Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus 2.25% or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR plus 1.00%) plus 1.25%. In addition to paying interest on outstanding principal, the Corporation incurs a fee of 0.30% or 0.175% on the unutilized revolver balance, based on the amount outstanding under the facility. As of December 31, 2019, the Corporation had one letter of credit outstanding under the facility of $0.2 million and available borrowing capacity of $49.8 million. The Corporation Revolving Credit Facility matures on September 18, 2024. Obligations under the Corporation Revolving Credit Facility are guaranteed by certain existing and future material domestic subsidiaries of the Corporation, excluding ESH REIT and its subsidiaries and subject to customary exceptions. The facility is secured, subject to certain exceptions, by a first-priority security interest in substantially all of the assets of the Corporation and the guarantors. If obligations are outstanding under the facility during any fiscal quarter, the Corporation Revolving Credit Facility requires that the Consolidated Leverage Ratio, as defined, calculated as of the end of such fiscal quarter for any consecutive four quarter period, be less than or equal to 8.75 to 1.00. The facility is also subject to a springing financial covenant whereby the senior loan-to-value ratio may not exceed 45% when the aggregate principal amount of borrowings and letters of credit under the Corporation Revolving Credit Facility, excluding up to $30.0 million of letters of credit, is equal to or greater than 25% of the aggregate available principal amount of the Corporation Revolving Credit Facility on the applicable fiscal quarter end date. Unsecured Intercompany Facility In August 2016, ESH REIT, as borrower, and the Corporation, as lender, entered into an unsecured intercompany credit facility, as may be amended and supplemented from time to time (the “Unsecured Intercompany Facility”). In September 2019, the Unsecured Intercompany Facility was amended to, among other things, extend the facility’s maturity. Subject to certain conditions, the principal amount of the Unsecured Intercompany Facility may be increased up to an amount that shall not exceed the greater of (i) $300.0 million and (ii) an unlimited amount so long as the incremental loan-to-value ratio, determined on a pro-forma basis as of the last day of the most recently ended test period, as if any incremental loans available under such incremental commitments had been outstanding on the last day of such period, and, in each case, without netting the cash proceeds of any such incremental loans, does not exceed 5.0%. Loans under the Unsecured Intercompany Facility bear interest at an annual rate of 5.0%. ESH REIT has the option to prepay outstanding balances under the facility without penalty. As of December 31, 2019 and 2018, the amount outstanding under the facility was $0. There is no scheduled amortization, and the Unsecured Intercompany Facility matures on September 18, 2026. Covenants The ESH REIT Credit Facilities, the 2025 Notes, the 2027 Notes, the Corporation Revolving Credit Facility and the Unsecured Intercompany Facility contain a number of restrictive covenants that, among other things and subject to certain exceptions, limit the Corporation’s or ESH REIT’s ability and the ability of their respective subsidiaries to engage in certain transactions, including incurring additional debt, creating certain liens, paying dividends or distributions, making certain investments and other restricted payments, entering into affiliate transactions, amending or modifying certain material operating leases and management agreements, selling assets or merging, consolidating or transferring all or substantially all of their assets. In addition, the ESH REIT Revolving Credit Facility and the Corporation Revolving Credit Facility contain financial covenants that, subject to certain conditions, require compliance with certain senior loan-to-value and consolidated leverage ratios. The agreements governing the Corporation’s and ESH REIT’s indebtedness also contain certain customary representations and warranties, affirmative covenants and events of default, including, but not limited to, cross-defaults to certain other indebtedness and, in the case of the ESH REIT Credit Facilities and the Unsecured Intercompany Facility, certain material operating leases and management agreements. If an event of default occurs under the Corporation’s or ESH REIT’s indebtedness, the respective lenders, agents, noteholders and/or trustees, as applicable, are entitled to take various actions, including declaring the indebtedness immediately due and payable, and, with respect to the ESH REIT Credit Facilities, additional actions that a secured creditor is permitted to take following a default. As of December 31, 2019, the Corporation and ESH REIT were in compliance with all covenants under their respective debt agreements. Future Maturities of Debt —The future maturities of debt as of December 31, 2019, are as follows (in thousands): Years Ending December 31, 2020 $ 6,309 (1) 2021 6,309 (1) 2022 6,309 (1) 2023 6,309 (1) 2024 6,309 (1) Thereafter 2,647,786 (1) Total $ 2,679,331 ______________________ (1) Under the ESH REIT Term Facility, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. Interest Expense, net —The components of net interest expense during the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Contractual interest (1) $ 117,067 $ 116,348 $ 118,510 Amortization of deferred financing costs and debt discount 8,059 8,005 8,097 Debt extinguishment and other costs (2) 8,301 3,030 3,335 Interest income (5,663) (2,513) (170) Total $ 127,764 $ 124,870 $ 129,772 ______________________ (1) Includes dividends on the shares of mandatorily redeemable Corporation preferred stock. Net of capitalized interest of $2.2 million, $0.5 million and $0, respectively. (2) Includes interest expense on finance leases (See Note 14) and unused credit facility fees. Mandatorily Redeemable Preferred Stock —The Corporation has authorized 350.0 million shares of preferred stock, $0.01 par value, of which 7,130 shares of mandatorily redeemable voting preferred stock were issued and outstanding as of December 31, 2019 and 2018. Dividends on these mandatorily redeemable voting preferred shares are payable quarterly in arrears at a rate of 8.0% per year. With respect to dividend, distribution and liquidation rights, the 8.0% voting preferred stock ranks senior to the Corporation’s common stock. Holders of the 8.0% voting preferred stock have the right to require the Corporation to redeem in cash the 8.0% voting preferred stock at $1,000 per share plus any accumulated unpaid dividends. On November 15, 2020, the Corporation shall mandatorily redeem all of the 8.0% voting preferred stock at $1,000 per share plus any accumulated unpaid dividends. Due to the fact that the 8.0% mandatorily redeemable voting preferred stock is mandatorily redeemable by the Corporation, it is classified as a liability on the accompanying consolidated balance sheets. Dividends on these preferred shares are classified as net interest expense on the accompanying consolidated statements of operations. Fair Value of Debt —As of December 31, 2019 and 2018, the estimated fair value of the Company’s debt was $2.7 billion and $2.3 billion, respectively, and the estimated fair value of the Corporation’s 8.0% mandatorily redeemable preferred stock was $7.1 million and $7.0 million, respectively. Estimated fair values are determined by comparing current borrowing rates and risk spreads offered in the market (Level 2 fair value measures) or quoted market prices (Level 1 fair value measures), when available, to the stated interest rates and spreads on the Company’s debt and the Corporation's 8.0% mandatorily redeemable preferred stock.

Debt - REIT

Debt - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Debt	DEBT During the years ended December 31, 2019 and 2018, the following debt transactions occurred (in thousands): December 31, 2019 December 31, 2018 Debt, net of deferred financing costs and debt discount(s) - beginning of year (1) $ 2,395,507 $ 2,534,768 Additions: Proceeds from senior notes 750,000 — Amortization and write-off of deferred financing costs and debt discount (2) 12,967 7,954 Deductions: Payments on term loan facilities (507,261) (147,215) Payments of deferred financing costs (2) (18,577) — Debt, net of deferred financing costs and debt discount(s) - end of year (1) $ 2,632,636 $ 2,395,507 ______________________ (1) Excludes mandatorily redeemable preferred stock and finance lease obligations. (2) Excludes amortization and payments of deferred financing costs related to revolving credit facilities. Summary —The Company’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of December 31, 2019 and 2018, consists of the following (dollars in thousands): Carrying Amount Unamortized Deferred Financing Costs Loan Stated December 31, 2019 December 31, 2018 December 31, 2019 December 31, 2018 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $630,909 $627,368 (1) $1,132,259 (1) $9,030 $10,546 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,292,986 (4) 1,291,671 (4) 15,055 17,877 5.25% 5/1/2025 2027 Notes 750,000 750,000 — 13,633 — 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 2,606 (5) 1,469 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 — — 556 (5) 292 (5) LIBOR (2) + 2.25% 9/18/2024 Unsecured Intercompany Facility Unsecured Intercompany Facility (6) 75,000 — — — — 5.00% 9/18/2026 Total $ 2,670,354 $ 2,423,930 $ 40,880 $ 30,184 ______________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $2.0 million and $4.3 million as of December 31, 2019 and 2018, respectively. (2) As of December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.50%, respectively. As of December 31, 2019 and 2018, $200.0 million and $300.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $7.0 million and $8.3 million as of December 31, 2019 and 2018, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying consolidated balance sheets. (6) Any outstanding debt balances and interest expense, as applicable, owed from ESH REIT to the Corporation eliminate in consolidation. ESH REIT Credit Facilities ESH REIT’s credit agreement, as may be amended and supplemented from time to time, provides for senior secured credit facilities (collectively, the “ESH REIT Credit Facilities”) which, as of December 31, 2019, consisted of a $630.9 million senior secured term loan facility (the “ESH REIT Term Facility”) and a $350.0 million senior secured revolving credit facility (the “ESH REIT Revolving Credit Facility”). Subject to the satisfaction of certain criteria, borrowings under the ESH REIT Credit Facilities may be increased by an amount of up to $600.0 million, plus additional amounts, so long as, after giving effect to the incurrence of such incremental facility and the application of proceeds thereof, ESH REIT’s pro-forma senior loan-to-value ratio is less than or equal to 45%. In September 2019, ESH REIT entered into an amendment to the ESH REIT Credit Facilities whereby, among other things, proceeds from the issuance of the 2027 Notes (defined below) were used to repay $500.0 million of the then outstanding borrowings under the ESH REIT Term Facility and the stated amount of the ESH REIT Term Facility was reduced from $1,130.9 million to $630.9 million. Additionally, the amendment reduced the interest rate applicable to the ESH REIT Revolving Credit Facility and extended the maturity of both the ESH REIT Term Facility and the ESH REIT Revolving Credit Facility. In connection with these transactions, ESH REIT incurred $6.7 million of debt extinguishment and modification costs, which consist of the write-off of unamortized deferred financing costs and discounts of $5.6 million and other costs of $1.1 million. Debt extinguishment and modification costs are included as a component of net interest expense in the accompanying consolidated statements of operations. Obligations under the ESH REIT Credit Facilities are guaranteed by certain existing and future material domestic subsidiaries of ESH REIT, other than those owning real property, subject to customary exceptions. Obligations under the ESH REIT Credit Facilities are secured, subject to certain exceptions, including an exception for real property, by a first-priority security interest in substantially all of the assets of ESH REIT and the guarantors. ESH REIT Term Facility — The ESH REIT Term Facility bears interest at a rate equal to (i) LIBOR plus 1.75% for any period during which ESH REIT maintains a public corporate family rating better than or equal to BB (with a stable or better outlook) from S&P and Ba3 (with a stable or better outlook) from Moody’s (a “Level 1 Period”) or LIBOR plus 2.00% for any period other than a Level 1 Period; or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR rate plus 1.00%), plus 0.75% during a Level 1 Period or 1.00% for any period other than a Level 1 Period. The ESH REIT Term Facility amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required. The ESH REIT Term Facility matures on September 18, 2026. ESH REIT has the option to voluntarily prepay outstanding loans under the ESH REIT Term Facility at any time. In addition to customary breakage costs, amounts refinanced, substituted or replaced by indebtedness in connection with certain repricing transactions which have a lower all-in yield than the all-in yield under the ESH REIT Term Facility on or prior to March 18, 2020 (other than as a result of a transformative transaction) are subject to a prepayment penalty equal to 1.00% of the aggregate principal amount refinanced, substituted or replaced. Prepayments made after March 18, 2020 are not subject to a prepayment penalty. ESH REIT Revolving Credit Facility —Borrowings under the ESH REIT Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus a spread that ranges from 1.50% to 2.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined, or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50%, or (C) the one-month adjusted LIBOR rate plus 1.00%) plus a spread that ranges from 0.50% to 1.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined. ESH REIT incurs a fee of 0.30% or 0.175% on the unutilized revolver balance. ESH REIT is also required to pay customary letter of credit fees and agency fees. The ESH REIT Revolving Credit Facility provides for the issuance of up to $50.0 million of letters of credit. As of December 31, 2019, ESH REIT had no letters of credit outstanding under the facility and available borrowing capacity of $350.0 million. The ESH REIT Revolving Credit Facility matures on September 18, 2024. The ESH REIT Revolving Credit Facility is subject to a springing financial covenant whereby the senior loan-to-value ratio may not exceed 45% when the aggregate principal amount of borrowings and letters of credit under the ESH REIT Revolving Credit Facility, excluding up to $30.0 million of letters of credit, is equal to or greater than 35% of the aggregate available principal amount of the ESH REIT Revolving Credit Facility on the applicable fiscal quarter end date. ESH REIT 2025 Notes In May 2015 and March 2016 , ESH REIT issued $500.0 million and $800.0 million, respectively, of its 5.25% senior notes due in 2025 (the “2025 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, in private placements pursuant to Rule 144A of the Securities Act of 1933, as amended. The 2025 Notes bear interest at a fixed rate of 5.25% per annum, payable semi-annually in arrears on May 1 and November 1 of each year, and mature on May 1, 2025. ESH REIT may redeem the 2025 Notes at any time on or after May 1, 2020, in whole or in part, at a redemption price equal to 102.625% of the principal amount, declining annually to 100% of the principal amount from May 1, 2023 and thereafter, plus accrued and unpaid interest. Prior to May 1, 2020, ESH REIT may redeem the 2025 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Upon a Change of Control, as defined, holders of the 2025 Notes have the right to require ESH REIT to redeem the 2025 Notes at 101% of the principal amount, plus accrued and unpaid interest. The 2025 Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of ESH REIT’s subsidiaries that guarantee ESH REIT’s obligations under the ESH REIT Credit Facilities. The 2025 Notes rank equally in right of payment with ESH REIT’s existing and future senior unsecured indebtedness, and senior in right of payment to all future subordinated indebtedness, if any. The 2025 Notes are effectively junior to any of ESH REIT’s secured indebtedness to the extent of the value of the assets securing such indebtedness. ESH REIT 2027 Notes In September 2019, ESH REIT issued $750.0 million of its 4.625% senior notes due in 2027 (the “2027 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, at a price equal to 100% of par value in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. Proceeds received from the issuance of the 2027 Notes, net of financing costs, totaled $738.0 million, $500.0 million of which were used to repay a portion of outstanding borrowings under the ESH REIT Term Loan. The remaining proceeds, $238.0 million, are expected to be used for general corporate purposes. The 2027 Notes bear interest at a fixed rate of 4.625% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, commencing April 1, 2020, and mature on October 1, 2027. ESH REIT may redeem the 2027 Notes at any time on or after October 1, 2022, in whole or in part, at a redemption price equal to 102.313% of the principal amount, declining annually to 100% of the principal amount from October 1, 2024 and thereafter, plus accrued and unpaid interest. Prior to October 1, 2022, ESH REIT may redeem the 2027 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Prior to October 1, 2022, subject to certain conditions, ESH REIT may redeem up to 35% of the aggregate principal amount of the 2027 Notes at a redemption price equal to 101% of the aggregate principal amount, plus accrued and unpaid interest, with the net cash proceeds from certain equity offerings, provided 65% of the original amount of the principal remains outstanding after the occurrence of each such redemption. Upon a Change of Control, as defined, holders of the 2027 Notes have the right to require ESH REIT to redeem the 2027 Notes at 101% of the principal amount, plus accrued and unpaid interest. The 2027 Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of ESH REIT’s subsidiaries that guarantee ESH REIT’s obligations under the ESH REIT Credit Facilities. The 2027 Notes are not guaranteed by the Corporation or any of its subsidiaries that lease ESH REIT’s properties or its subsidiaries that engage in franchising or management activities or own intellectual property. The 2027 Notes rank equally in right of payment with ESH REIT’s existing and future senior unsecured indebtedness, and senior in right of payment to all future subordinated indebtedness, if any. The 2027 Notes are effectively junior to any of ESH REIT’s secured indebtedness to the extent of the value of the assets securing such indebtedness. Corporation Revolving Credit Facility The Corporation’s revolving credit facility, as may be amended and supplemented from time to time (the “Corporation Revolving Credit Facility”), provides for the issuance of up to $50.0 million of letters of credit as well as borrowing on same day notice, referred to as swingline loans, in an amount of up to $20.0 million. In September 2019, the Corporation entered into an amendment to the Corporation Revolving Credit Facility which, among other things, extended the facility’s maturity and reduced the interest rate spread on utilized and unutilized revolver balances. Borrowings under the Corporation Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus 2.25% or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR plus 1.00%) plus 1.25%. In addition to paying interest on outstanding principal, the Corporation incurs a fee of 0.30% or 0.175% on the unutilized revolver balance, based on the amount outstanding under the facility. As of December 31, 2019, the Corporation had one letter of credit outstanding under the facility of $0.2 million and available borrowing capacity of $49.8 million. The Corporation Revolving Credit Facility matures on September 18, 2024. Obligations under the Corporation Revolving Credit Facility are guaranteed by certain existing and future material domestic subsidiaries of the Corporation, excluding ESH REIT and its subsidiaries and subject to customary exceptions. The facility is secured, subject to certain exceptions, by a first-priority security interest in substantially all of the assets of the Corporation and the guarantors. If obligations are outstanding under the facility during any fiscal quarter, the Corporation Revolving Credit Facility requires that the Consolidated Leverage Ratio, as defined, calculated as of the end of such fiscal quarter for any consecutive four quarter period, be less than or equal to 8.75 to 1.00. The facility is also subject to a springing financial covenant whereby the senior loan-to-value ratio may not exceed 45% when the aggregate principal amount of borrowings and letters of credit under the Corporation Revolving Credit Facility, excluding up to $30.0 million of letters of credit, is equal to or greater than 25% of the aggregate available principal amount of the Corporation Revolving Credit Facility on the applicable fiscal quarter end date. Unsecured Intercompany Facility In August 2016, ESH REIT, as borrower, and the Corporation, as lender, entered into an unsecured intercompany credit facility, as may be amended and supplemented from time to time (the “Unsecured Intercompany Facility”). In September 2019, the Unsecured Intercompany Facility was amended to, among other things, extend the facility’s maturity. Subject to certain conditions, the principal amount of the Unsecured Intercompany Facility may be increased up to an amount that shall not exceed the greater of (i) $300.0 million and (ii) an unlimited amount so long as the incremental loan-to-value ratio, determined on a pro-forma basis as of the last day of the most recently ended test period, as if any incremental loans available under such incremental commitments had been outstanding on the last day of such period, and, in each case, without netting the cash proceeds of any such incremental loans, does not exceed 5.0%. Loans under the Unsecured Intercompany Facility bear interest at an annual rate of 5.0%. ESH REIT has the option to prepay outstanding balances under the facility without penalty. As of December 31, 2019 and 2018, the amount outstanding under the facility was $0. There is no scheduled amortization, and the Unsecured Intercompany Facility matures on September 18, 2026. Covenants The ESH REIT Credit Facilities, the 2025 Notes, the 2027 Notes, the Corporation Revolving Credit Facility and the Unsecured Intercompany Facility contain a number of restrictive covenants that, among other things and subject to certain exceptions, limit the Corporation’s or ESH REIT’s ability and the ability of their respective subsidiaries to engage in certain transactions, including incurring additional debt, creating certain liens, paying dividends or distributions, making certain investments and other restricted payments, entering into affiliate transactions, amending or modifying certain material operating leases and management agreements, selling assets or merging, consolidating or transferring all or substantially all of their assets. In addition, the ESH REIT Revolving Credit Facility and the Corporation Revolving Credit Facility contain financial covenants that, subject to certain conditions, require compliance with certain senior loan-to-value and consolidated leverage ratios. The agreements governing the Corporation’s and ESH REIT’s indebtedness also contain certain customary representations and warranties, affirmative covenants and events of default, including, but not limited to, cross-defaults to certain other indebtedness and, in the case of the ESH REIT Credit Facilities and the Unsecured Intercompany Facility, certain material operating leases and management agreements. If an event of default occurs under the Corporation’s or ESH REIT’s indebtedness, the respective lenders, agents, noteholders and/or trustees, as applicable, are entitled to take various actions, including declaring the indebtedness immediately due and payable, and, with respect to the ESH REIT Credit Facilities, additional actions that a secured creditor is permitted to take following a default. As of December 31, 2019, the Corporation and ESH REIT were in compliance with all covenants under their respective debt agreements. Future Maturities of Debt —The future maturities of debt as of December 31, 2019, are as follows (in thousands): Years Ending December 31, 2020 $ 6,309 (1) 2021 6,309 (1) 2022 6,309 (1) 2023 6,309 (1) 2024 6,309 (1) Thereafter 2,647,786 (1) Total $ 2,679,331 ______________________ (1) Under the ESH REIT Term Facility, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. Interest Expense, net —The components of net interest expense during the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Contractual interest (1) $ 117,067 $ 116,348 $ 118,510 Amortization of deferred financing costs and debt discount 8,059 8,005 8,097 Debt extinguishment and other costs (2) 8,301 3,030 3,335 Interest income (5,663) (2,513) (170) Total $ 127,764 $ 124,870 $ 129,772 ______________________ (1) Includes dividends on the shares of mandatorily redeemable Corporation preferred stock. Net of capitalized interest of $2.2 million, $0.5 million and $0, respectively. (2) Includes interest expense on finance leases (See Note 14) and unused credit facility fees. Mandatorily Redeemable Preferred Stock —The Corporation has authorized 350.0 million shares of preferred stock, $0.01 par value, of which 7,130 shares of mandatorily redeemable voting preferred stock were issued and outstanding as of December 31, 2019 and 2018. Dividends on these mandatorily redeemable voting preferred shares are payable quarterly in arrears at a rate of 8.0% per year. With respect to dividend, distribution and liquidation rights, the 8.0% voting preferred stock ranks senior to the Corporation’s common stock. Holders of the 8.0% voting preferred stock have the right to require the Corporation to redeem in cash the 8.0% voting preferred stock at $1,000 per share plus any accumulated unpaid dividends. On November 15, 2020, the Corporation shall mandatorily redeem all of the 8.0% voting preferred stock at $1,000 per share plus any accumulated unpaid dividends. Due to the fact that the 8.0% mandatorily redeemable voting preferred stock is mandatorily redeemable by the Corporation, it is classified as a liability on the accompanying consolidated balance sheets. Dividends on these preferred shares are classified as net interest expense on the accompanying consolidated statements of operations. Fair Value of Debt —As of December 31, 2019 and 2018, the estimated fair value of the Company’s debt was $2.7 billion and $2.3 billion, respectively, and the estimated fair value of the Corporation’s 8.0% mandatorily redeemable preferred stock was $7.1 million and $7.0 million, respectively. Estimated fair values are determined by comparing current borrowing rates and risk spreads offered in the market (Level 2 fair value measures) or quoted market prices (Level 1 fair value measures), when available, to the stated interest rates and spreads on the Company’s debt and the Corporation's 8.0% mandatorily redeemable preferred stock.
ESH Hospitality, Inc.
Entity Information [Line Items]
Debt	DEBT During the years ended December 31, 2019 and 2018, the following debt transactions occurred (in thousands): December 31, 2019 December 31, 2018 Debt, net of deferred financing costs and debt discount(s) - beginning of year (1) $ 2,395,507 $ 2,534,768 Additions: Proceeds from senior notes 750,000 — Amortization and write-off of deferred financing costs and debt discount (2) 12,967 7,954 Deductions: Payments on term loan facilities (507,261) (147,215) Payments of deferred financing costs (2) (18,577) — Debt, net of deferred financing costs and debt discount(s) - end of year (1) $ 2,632,636 $ 2,395,507 ______________________ (1) Excludes finance lease obligations. (2) Excludes amortization and payments of deferred financing costs related to the revolving credit facility. Summary —ESH REIT’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of December 31, 2019 and 2018, consists of the following (dollars in thousands): Carrying Amount Unamortized Deferred Financing Costs Loan Stated December 31, 2019 December 31, 2018 December 31, 2019 December 31, 2018 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 627,368 (1) $ 1,132,259 (1) $ 9,030 $ 10,546 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,292,986 (4) 1,291,671 (4) 15,055 17,877 5.25% 5/1/2025 2027 Notes 750,000 750,000 — 13,633 — 4.63% 10/1/2027 Revolving credit facility ESH REIT Revolving Credit Facility 350,000 — — 2,606 (5) 1,469 (5) LIBOR (2) + 2.00% 9/18/2024 Unsecured Intercompany Facility Unsecured Intercompany Facility 75,000 — — — — 5.00% 9/18/2026 Total $ 2,670,354 $ 2,423,930 $ 40,324 $ 29,892 ______________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $2.0 million and $4.3 million as of December 31, 2019 and 2018, respectively. (2) As of December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.50%, respectively. As of December 31, 2019 and 2018, $200.0 million and $300.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $7.0 million and $8.3 million as of December 31, 2019 and 2018, respectively. (5) Unamortized deferred financing costs related to the revolving credit facility are included in other assets in the accompanying consolidated balance sheets. ESH REIT Credit Facilities ESH REIT’s credit agreement, as may be amended and supplemented from time to time, provides for senior secured credit facilities (collectively, the “ESH REIT Credit Facilities”) which, as of December 31, 2019, consisted of a $630.9 million senior secured term loan facility (the “ESH REIT Term Facility”) and a $350.0 million senior secured revolving credit facility (the “ESH REIT Revolving Credit Facility”). Subject to the satisfaction of certain criteria, borrowings under the ESH REIT Credit Facilities may be increased by an amount of up to $600.0 million, plus additional amounts, so long as, after giving effect to the incurrence of such incremental facility and the application of proceeds thereof, ESH REIT’s pro-forma senior loan-to-value ratio is less than or equal to 45%. In September 2019, ESH REIT entered into an amendment to the ESH REIT Credit Facilities whereby, among other things, proceeds from the issuance of the 2027 Notes (defined below) were used to repay $500.0 million of the then outstanding borrowings under the ESH REIT Term Facility and the stated amount of the ESH REIT Term Facility was reduced from $1,130.9 million to $630.9 million. Additionally, the amendment reduced the interest rate applicable to the ESH REIT Revolving Credit Facility and extended the maturity of both the ESH REIT Term Facility and the ESH REIT Revolving Credit Facility. In connection with these transactions, ESH REIT incurred $6.7 million of debt extinguishment and modification costs, which consist of the write-off of unamortized deferred financing costs and discounts of $5.6 million and other costs of $1.1 million. Debt extinguishment and modification costs are included as a component of net interest expense in the accompanying consolidated statements of operations. Obligations under the ESH REIT Credit Facilities are guaranteed by certain existing and future material domestic subsidiaries of ESH REIT, other than those owning real property, subject to customary exceptions. Obligations under the ESH REIT Credit Facilities are secured, subject to certain exceptions, including an exception for real property, by a first-priority security interest in substantially all of the assets of ESH REIT and the guarantors. ESH REIT Term Facility — The ESH REIT Term Facility bears interest at a rate equal to (i) LIBOR plus 1.75% for any period during which ESH REIT maintains a public corporate family rating better than or equal to BB- (with a stable or better outlook) from S&P and Ba3 (with a stable or better outlook) from Moody’s (a “Level 1 Period”) or LIBOR plus 2.00% for any period other than a Level 1 Period; or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR rate plus 1.00%), plus 0.75% during a Level 1 Period or 1.00% for any period other than a Level 1 Period. The ESH REIT Term Facility amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required. The ESH REIT Term Facility matures on September 18, 2026. ESH REIT has the option to voluntarily prepay outstanding loans under the ESH REIT Term Facility at any time. In addition to customary breakage costs, amounts refinanced, substituted or replaced by indebtedness in connection with certain repricing transactions which have a lower all-in yield than the all-in yield under the ESH REIT Term Facility on or prior to March 18, 2020 (other than as a result of a transformative transaction) are subject to a prepayment penalty equal to 1.00% of the aggregate principal amount refinanced, substituted or replaced. Prepayments made after March 18, 2020 are not subject to a prepayment penalty. ESH REIT Revolving Credit Facility — Borrowings under the ESH REIT Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus a spread that ranges from 1.50% to 2.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined, or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50%, or (C) the one-month adjusted LIBOR rate plus 1.00%) plus a spread that ranges from 0.50% to 1.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined. ESH REIT incurs a fee of 0.30% or 0.175% on the unutilized revolver balance. ESH REIT is also required to pay customary letter of credit fees and agency fees. The ESH REIT Revolving Credit Facility provides for the issuance of up to $50.0 million of letters of credit. As of December 31, 2019, ESH REIT had no letters of credit outstanding under the facility and available borrowing capacity of $350.0 million. The ESH REIT Revolving Credit Facility matures on September 18, 2024. The ESH REIT Revolving Credit Facility is subject to a springing financial covenant whereby the senior loan-to-value ratio may not exceed 45% when the aggregate principal amount of borrowings and letters of credit under the ESH REIT Revolving Credit Facility, excluding up to $30.0 million of letters of credit, is equal to or greater than 35% of the aggregate available principal amount of the ESH REIT Revolving Credit Facility on the applicable fiscal quarter end date. ESH REIT 2025 Notes In May 2015 and March 2016, ESH REIT issued $500.0 million and $800.0 million, respectively, of its 5.25% senior notes due in 2025 (the “2025 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, in private placements pursuant to Rule 144A of the Securities Act of 1933, as amended. The 2025 Notes bear interest at a fixed rate of 5.25% per annum, payable semi-annually in arrears on May 1 and November 1 of each year, and mature on May 1, 2025. ESH REIT may redeem the 2025 Notes at any time on or after May 1, 2020, in whole or in part, at a redemption price equal to 102.625% of the principal amount, declining annually to 100% of the principal amount from May 1, 2023 and thereafter, plus accrued and unpaid interest. Prior to May 1, 2020, ESH REIT may redeem the 2025 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Upon a Change of Control, as defined, holders of the 2025 Notes have the right to require ESH REIT to redeem the 2025 Notes at 101% of the principal amount, plus accrued and unpaid interest. The 2025 Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of ESH REIT’s subsidiaries that guarantee ESH REIT’s obligations under the ESH REIT Credit Facilities. The 2025 Notes rank equally in right of payment with ESH REIT’s existing and future senior unsecured indebtedness, and senior in right of payment to all future subordinated indebtedness, if any. The 2025 Notes are effectively junior to any of ESH REIT’s secured indebtedness to the extent of the value of the assets securing such indebtedness. ESH REIT 2027 Notes In September 2019, ESH REIT issued $750.0 million of its 4.625% senior notes due in 2027 (the “2027 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, at a price equal to 100% of par value in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. Proceeds received from the issuance of the 2027 Notes, net of financing costs, totaled $738.0 million, $500.0 million of which were used to repay a portion of outstanding borrowings under the ESH REIT Term Loan. The remaining proceeds, $238.0 million, are expected to be used for general corporate purposes. The 2027 Notes bear interest at a fixed rate of 4.625% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, commencing April 1, 2020, and mature on October 1, 2027. ESH REIT may redeem the 2027 Notes at any time on or after October 1, 2022, in whole or in part, at a redemption price equal to 102.313% of the principal amount, declining annually to 100% of the principal amount from October 1, 2024 and thereafter, plus accrued and unpaid interest. Prior to October 1, 2022, ESH REIT may redeem the 2027 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Prior to October 1, 2022, subject to certain conditions, ESH REIT may redeem up to 35% of the aggregate principal amount of the 2027 Notes at a redemption price equal to 101% of the aggregate principal amount, plus accrued and unpaid interest, with the net cash proceeds from certain equity offerings, provided 65% of the original amount of the principal remains outstanding after the occurrence of each such redemption. Upon a Change of Control, as defined, holders of the 2027 Notes have the right to require ESH REIT to redeem the 2027 Notes at 101% of the principal amount, plus accrued and unpaid interest. The 2027 Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of ESH REIT’s subsidiaries that guarantee ESH REIT’s obligations under the ESH REIT Credit Facilities. The 2027 Notes are not guaranteed by the Corporation or any of its subsidiaries that lease ESH REIT’s properties or its subsidiaries that engage in franchising or management activities or own intellectual property. The 2027 Notes rank equally in right of payment with ESH REIT’s existing and future senior unsecured indebtedness, and senior in right of payment to all future subordinated indebtedness, if any. The 2027 Notes are effectively junior to any of ESH REIT’s secured indebtedness to the extent of the value of the assets securing such indebtedness. Unsecured Intercompany Facility In August 2016, ESH REIT, as borrower, and the Corporation, as lender, entered into an unsecured intercompany credit facility, as may be amended and supplemented from time to time (the “Unsecured Intercompany Facility”). In September 2019, the Unsecured Intercompany Facility was amended to, among other things, extend the facility’s maturity. Subject to certain conditions, the principal amount of the Unsecured Intercompany Facility may be increased up to an amount that shall not exceed the greater of (i) $300.0 million and (ii) an unlimited amount so long as the incremental loan-to-value ratio, determined on a pro-forma basis as of the last day of the most recently ended test period, as if any incremental loans available under such incremental commitments had been outstanding on the last day of such period, and, in each case, without netting the cash proceeds of any such incremental loans, does not exceed 5.0%. Loans under the Unsecured Intercompany Facility bear interest at an annual rate of 5.0%. ESH REIT has the option to prepay outstanding balances under the facility without penalty. As of December 31, 2019 and 2018, the amount outstanding under the facility was $0. There is no scheduled amortization, and the Unsecured Intercompany Facility matures on September 18, 2026. Covenants The ESH REIT Credit Facilities, the 2025 Notes, the 2027 Notes and the Unsecured Intercompany Facility contain a number of restrictive covenants that, among other things and subject to certain exceptions, limit ESH REIT’s ability and the ability of its subsidiaries to engage in certain transactions, including incurring additional debt, creating certain liens, paying dividends or distributions, making certain investments and other restricted payments, entering into affiliate transactions, amending or modifying certain material operating leases and management agreements, selling assets or merging, consolidating or transferring all or substantially all of its assets. In addition, the ESH REIT Revolving Credit Facility contains financial covenants that, subject to certain conditions, requires compliance with certain senior loan-to-value and consolidated leverage ratios. The agreements governing ESH REIT’s indebtedness also contain certain customary representations and warranties, affirmative covenants and events of default, including, but not limited to, cross-defaults to certain other indebtedness and, in the case of the ESH REIT Credit Facilities and the Unsecured Intercompany Facility, certain material operating leases and management agreements. If an event of default occurs under ESH REIT’s indebtedness, the respective lenders, agents, noteholders and/or trustees, as applicable, are entitled to take various actions, including declaring the indebtedness immediately due and payable, and, with respect to the ESH REIT Credit Facilities, additional actions that a secured creditor is permitted to take following a default. As of December 31, 2019, ESH REIT was in compliance with all covenants under its debt agreements. Future Maturities of Debt —The future maturities of debt as of December 31, 2019, are as follows (in thousands): Years Ending December 31, 2020 $ 6,309 (1) 2021 6,309 (1) 2022 6,309 (1) 2023 6,309 (1) 2024 6,309 (1) Thereafter 2,647,786 (1) Total $ 2,679,331 ______________________ (1) Under the ESH REIT Term Facility, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. Interest Expense, net —The components of net interest expense during the years ended December 31, 2019, 2018 and 2017, are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Contractual interest (1) $ 116,497 $ 115,778 $ 119,819 Amortization of deferred financing costs and debt discount 7,947 7,895 7,988 Debt extinguishment and other costs (2) 8,112 2,847 3,136 Interest income (3,601) (1,775) (20) Total $ 128,955 $ 124,745 $ 130,923 ______________________ (1) Net of capitalized interest of $2.2 million, $0.5 million and $0, respectively. (2) Includes interest expense on finance leases (See Note 13) and unused credit facility fees. Fair Value of Debt —As of December 31, 2019 and 2018, the estimated fair value of ESH REIT’s debt was $2.7 billion and $2.3 billion, respectively. Estimated fair values are determined by comparing current borrowing rates and risk spreads offered in the market (Level 2 fair value measures) or quoted market prices (Level 1 fair value measures), when available, to the stated interest rates and spreads on ESH REIT’s debt.

Derivative Instruments

Derivative Instruments	12 Months Ended
	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS ESH REIT is a counterparty to a floating-to-fixed interest rate swap at a fixed rate of 1.175% and a floating rate of one-month LIBOR to manage its exposure to interest rate risk on a portion of the ESH REIT Term Facility. The notional amount of the interest rate swap as of December 31, 2019 was $200.0 million. The notional amount decreases by an additional $50.0 million every six months until the swap’s maturity in September 2021. For each of the years ended December 31, 2019 and 2018, the Company received proceeds of $2.8 million that offset interest expense and recorded interest expense of $0.7 million for the year ended December 31, 2017. As of December 31, 2019, $0.7 million is expected to be recognized through earnings over the following twelve months. The table below presents the amounts and classification on the Company’s financial statements related to the interest rate swap (in thousands): Other assets Accumulated other comprehensive income, net of tax Other non-operating income Interest (income) expense, net As of December 31, 2019 $ 831 $ 706 (1) As of December 31, 2018 $ 5,789 $ 4,934 (2) For the year ended December 31, 2019 $ — $ (2,842) For the year ended December 31, 2018 $ — $ (2,765) For the year ended December 31, 2017 $ 314 $ 707 _______________________________ (1) Changes during the year ended December 31, 2019, on a pre-tax basis, consisted of changes in fair value of $(5.0) million. (2) Changes during the year ended December 31, 2018, on a pre-tax basis, consisted of changes in fair value of $(0.6) million and the cumulative effect adjustment of $(0.7) million as a result of adopting ASU 2017-12, Derivative and Hedging: Targeted Improvements to Accounting for Hedging Activities, on January 1, 2018.

Derivative Instruments - REIT

Derivative Instruments - REIT	12 Months Ended
	Dec. 31, 2019
Derivative [Line Items]
Derivative Instruments	DERIVATIVE INSTRUMENTS ESH REIT is a counterparty to a floating-to-fixed interest rate swap at a fixed rate of 1.175% and a floating rate of one-month LIBOR to manage its exposure to interest rate risk on a portion of the ESH REIT Term Facility. The notional amount of the interest rate swap as of December 31, 2019 was $200.0 million. The notional amount decreases by an additional $50.0 million every six months until the swap’s maturity in September 2021. For each of the years ended December 31, 2019 and 2018, the Company received proceeds of $2.8 million that offset interest expense and recorded interest expense of $0.7 million for the year ended December 31, 2017. As of December 31, 2019, $0.7 million is expected to be recognized through earnings over the following twelve months. The table below presents the amounts and classification on the Company’s financial statements related to the interest rate swap (in thousands): Other assets Accumulated other comprehensive income, net of tax Other non-operating income Interest (income) expense, net As of December 31, 2019 $ 831 $ 706 (1) As of December 31, 2018 $ 5,789 $ 4,934 (2) For the year ended December 31, 2019 $ — $ (2,842) For the year ended December 31, 2018 $ — $ (2,765) For the year ended December 31, 2017 $ 314 $ 707 _______________________________ (1) Changes during the year ended December 31, 2019, on a pre-tax basis, consisted of changes in fair value of $(5.0) million. (2) Changes during the year ended December 31, 2018, on a pre-tax basis, consisted of changes in fair value of $(0.6) million and the cumulative effect adjustment of $(0.7) million as a result of adopting ASU 2017-12, Derivative and Hedging: Targeted Improvements to Accounting for Hedging Activities, on January 1, 2018.
ESH Hospitality, Inc.
Derivative [Line Items]
Derivative Instruments	DERIVATIVE INSTRUMENTS ESH REIT is a counterparty to a floating-to-fixed interest rate swap at a fixed rate of 1.175% and a floating rate of one-month LIBOR to manage its exposure to interest rate risk on a portion of the ESH REIT Term Facility. The notional amount of the interest rate swap as of December 31, 2019 was $200.0 million. The notional amount decreases by an additional $50.0 million every six months until the swap’s maturity in September 2021. For each of the years ended December 31, 2019 and 2018, ESH REIT received proceeds of $2.8 million that offset interest expense and recorded interest expense of $0.7 million for the year ended December 31, 2017. As of December 31, 2019, $0.7 million is expected to be recognized through earnings over the following twelve months. The table below presents the amounts and classification on ESH REIT’s financial statements related to the interest rate swap (in thousands): Other Assets Accumulated other comprehensive income, net of tax Other non-operating income Interest (income) expense, net As of December 31, 2019 $ 831 $ 830 (1) As of December 31, 2018 $ 5,789 $ 5,789 (2) For the year ended December 31, 2019 $ — $ (2,842) For the year ended December 31, 2018 $ — $ (2,765) For the year ended December 31, 2017 314 707 _______________________________ (1) Changes during the year ended December 31, 2019, on a pre-tax basis, consisted of changes in fair value of $(5.0) million. (2) Changes during the year ended December 31, 2018, on a pre-tax basis, consisted of changes in fair value of $(0.6) million and the cumulative effect adjustment of $(0.7) million as a result of adopting ASU 2017-12, Derivative and Hedging: Targeted Improvements to Accounting for Hedging Activities, on January 1, 2018.

Segments

Segments	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Segments	SEGMENTS The Company’s operating segments are components of the business which are managed discretely and for which discrete financial information is reviewed regularly by its chief operating decision maker to assess performance and make decisions regarding the allocation of resources. The Company’s operating and reportable segments are defined as follows: • Owned Hotels —Earnings are derived from the operation of Company-owned hotel properties and include room and other hotel revenues. • Franchise and management —Earnings are derived from fees under franchise and management agreements with third parties. These contracts provide the Company the ability to earn compensation for licensing the Extended Stay America brand name, providing access to shared system-wide platforms and/or management services. The performance of the Company’s operating segments is evaluated primarily on income from operations. Selected financial data is provided below (in thousands): Year Ended December 31, 2019 2018 2017 Revenues: Owned hotels $ 1,196,091 $ 1,259,182 $ 1,282,725 Franchise and management (1) 9,000 7,086 3,873 Total segment revenues 1,205,091 1,266,268 1,286,598 Corporate and other (2) 77,084 80,942 75,692 Other revenues from franchise and managed properties (3) 16,716 12,567 — Intersegment eliminations (4) (80,672) (84,718) (79,565) Total $1,218,219 $1,275,059 $1,282,725 Income (loss) from operations: Owned hotels (5) $ 346,999 $ 394,669 $ 383,061 Franchise and management (1) 9,000 7,086 3,873 Total segment income from operations 355,999 401,755 386,934 Corporate and other (2) (32,019) (23,168) (25,859) Other expenses from franchise and managed properties, net (3) (2,154) (650) — Total $ 321,826 $ 377,937 $ 361,075 _________________________________ (1) Includes intellectual property fees charged to the owned hotels segment of $3.6 million, $3.8 million and $3.9 million for the years ended December 31, 2019 , 2018 and 2017, respectively, that are eliminated in the consolidated statements of operations. (2) Includes revenues generated and operating expenses incurred in connection with the overall support of owned, franchised and managed hotels and related operations. Corporate and other revenues are comprised of management fees earned by and cost reimbursements charged to the owned hotels segment that are eliminated in the consolidated statements of operations. (3) Includes direct reimbursement of specific costs incurred under franchise and management agreements that the Company is reimbursed for on a dollar-for-dollar basis, as well as indirect reimbursement of certain costs incurred associated with the Company’s shared platform (i.e., system services) (see Note 2). (4) Includes management fees, intellectual property fees and other cost reimbursements charged to the owned hotels segment that are eliminated in the consolidated statements of operations. (5) Net of impairment charges of $2.7 million, $43.6 million and $25.2 million for the years ended December 31, 2019, 2018 and 2017, respectively. Also includes gain on sale of hotel properties of $42.5 million and $10.0 million for the years ended December 31, 2018 and 2017, respectively. Total assets for each of the Company’s operating segments are provided below (in thousands): December 31, 2019 December 31, 2018 Assets: Owned hotels $ 3,661,609 $ 3,643,603 Franchise and management 14,576 14,634 Total segment assets 3,676,185 3,658,237 Corporate and other 397,568 308,181 Intersegment eliminations (43,157) (42,208) Total $ 4,030,596 $ 3,924,210 Total capital expenditures for each of the Company's operating segments are provided below (in thousands): Year Ended December 31, 2019 2018 2017 Capital Expenditures: Owned hotels $ 260,155 $ 207,997 $ 164,909 Franchise and management — 250 — Total segment capital expenditures 260,155 208,247 164,909 Corporate and other 1,139 1,027 1,469 Total $ 261,294 $ 209,274 $ 166,378

Revenue From Contracts With Cus

Revenue From Contracts With Customers	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue From Contracts With Customer	REVENUE FROM CONTRACTS WITH CUSTOMERS Disaggregation of Revenues The following table disaggregates room revenues generated from owned hotels by booking source for the years ended December 31, 2019 and 2018 (in thousands): Year Ended December 31, 2019 2018 Property direct $ 286,002 $ 360,718 Central call center 312,956 303,336 Proprietary website 225,393 220,734 Third-party intermediaries 307,478 300,965 Travel agency global distribution systems 39,897 51,558 Total room revenues from owned hotels (1) $ 1,171,726 $ 1,237,311 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $24.4 million and $21.9 million of other hotel revenues during the years ended December 31, 2019 and 2018, respectively. The following table disaggregates room revenues generated from owned hotels by length of guest stay for the years ended December 31, 2019 and 2018 (in thousands): Year Ended December 31, 2019 2018 1-6 nights $ 441,417 $ 457,380 7-29 nights 243,263 261,674 30+ nights 487,046 518,257 Total room revenues from owned hotels (1) $ 1,171,726 $ 1,237,311 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $24.4 million and $21.9 million of other hotel revenues during the years ended December 31, 2019 and 2018, respectively. The following table disaggregates revenues generated from franchised and managed hotels for the years ended December 31, 2019 and 2018 (in thousands): Year Ended December 31, 2019 2018 Management fees $ 1,239 1,175 Franchise fees 4,173 2,135 Indirect reimbursements (system service fees) 5,221 2,444 Direct reimbursements 11,495 10,123 Total revenues from franchised and managed hotels $ 22,128 $ 15,877 Outstanding Contract Liabilities Contract liabilities relate to advance deposits with respect to owned hotels and, with respect to franchised hotels, advance consideration received, such as initial franchise fees paid when a franchise agreement is executed and certain system implementation fees paid at the time of installation. Contract liabilities are included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. The following table presents outstanding contract liabilities as of December 31, 2019 and January 1, 2019 and the amount of contract liabilities outstanding as of January 1, 2019 that were recognized as revenue during the year ended December 31, 2019 (in thousands): Outstanding Contract Liabilities Outstanding Contract Liabilities as of As of December 31, 2019 $ 16,231 As of January 1, 2019 $ 13,829 For the year ended December 31, 2019 $ 9,233 Performance Obligations

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Corporation's taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its 58% ownership of ESH REIT. Income (loss) before income tax expense for the years ended December 31, 2019, 2018 and 2017 consists of the following (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, U.S. $ 194,143 $ 254,172 $ 244,995 Canada 310 (340) (13,293) Total $ 194,453 $ 253,832 $ 231,702 The components of income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Federal (including foreign): Current $ 28,297 $ 31,401 $ 49,307 Deferred (6,697) 711 1,675 State: Current 9,134 9,656 9,244 Deferred (1,419) 308 (712) Total $ 29,315 $ 42,076 $ 59,514 The differences between income tax expense at the effective tax rate and the statutory U.S. federal income tax rate for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Tax at statutory rate $ 40,835 21.0 % $ 53,305 21.0 % $ 81,096 35.0 % State income tax 5,844 3.0 7,847 3.1 5,578 2.4 Foreign income tax rate differential — — — — (4,741) (2.0) Nontaxable ESH REIT income (18,577) (9.6) (14,976) (5.9) (25,689) (11.1) Equity-based compensation (69) — (524) (0.2) (263) (0.1) Other permanent differences 629 0.3 30 — 3,283 1.4 Estimate of future nontaxable distributions from ESH REIT — — 5,020 2.0 (2,054) (0.9) Change in ESH REIT temporary differences 475 0.3 (9,525) (3.7) (2,102) (0.9) Change in deferred tax rate (1) — — — — 4,051 1.7 Valuation allowance (1) — (2) — (427) (0.2) Tax credits (783) (0.4) (661) (0.3) (497) (0.2) Other - net 962 0.5 1,562 0.6 1,279 0.6 Income tax expense - net $ 29,315 15.1 % $ 42,076 16.6 % $ 59,514 25.7 % ________________________ (1) Reflects the impact of the TCJA on Corporation deferred tax assets, specifically the remeasurement of deferred tax assets at December 31, 2017, using newly enacted tax rates, which resulted in deferred income tax expense. The significant components of deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018, consist of the following (in thousands): December 31, 2019 December 31, 2018 Deferred tax assets: Net operating loss carryforwards $ 2,914 $ 2,926 Accruals and allowances 19,484 10,861 Equity-based compensation 972 1,409 Depreciable property 2,890 3,211 Other 665 652 Total deferred tax assets 26,925 19,059 Valuation allowance (2,914) (2,926) Net deferred tax assets 24,011 16,133 Deferred tax liabilities: Undistributed ESH REIT income (5,074) (5,578) Intangible assets (2,112) (2,600) Prepaid expenses (668) (629) Other — (17) Total net deferred tax assets: $ 16,157 $ 7,309 ESH REIT has elected to be taxed as and expects to continue to qualify as a REIT under Sections 856 through 860 of the Code. A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding net capital gain, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017 , ESH REIT recognized a dividends paid deduction for 100% of its taxable income, incurring no federal income tax and minimal state and local income tax. During the year ended December 31, 2017, the Company estimated the remeasurement of its net deferred tax asset based on the newly enacted 21% federal corporate income tax rate under the TCJA and recorded provisional deferred income tax expense of $4.1 million. The Company completed its accounting for all tax effects of the TCJA in 2018. During the year ended December 31, 2018, there was no material change from the provisional amount recorded during the year ended December 31, 2017. ESH REIT had taxable income prior to distributions of $233.4 million, $297.2 million and $231.6 million for the years ended December 31, 2019, 2018 and 2017, respectively. In 2019, ESH REIT made $240.6 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2019 cash distributions included $26.5 million previously deducted in 2018 to fully offset 2018 taxable income. In 2018, ESH REIT made $277.1 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2018 cash distributions included $2.8 million of distributions previously deducted in 2017 to fully offset 2017 taxable income. In 2017, ESH REIT made $235.1 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2017 cash distributions included $6.2 million of distributions previously deducted in 2016 to fully offset 2016 taxable income. As of December 31, 2019, the book basis of ESH REIT’s property and equipment was $5.2 million greater than the tax basis. As of December 31, 2019 and 2018, the Company recorded a valuation allowance related to the net operating loss carryforwards of its Canadian Operating Lessee and state net operating losses of ESH REIT. The Company has concluded that, in light of available evidence, it is more likely than not that these net operating loss carryforwards will not be realized. The Company evaluates its open tax positions using the criteria established by ASC 740, Income Taxes . The Company has concluded that it has not taken any material tax positions that are not more likely than not to be sustained upon examination and has therefore not recorded any reserves for uncertain tax positions. The Company’s federal income tax returns for the years 2016 to present may be subject to examination by the Internal Revenue Service and other taxing authorities. As of December 31, 2019, a subsidiary of ESH REIT was under examination by the Canadian Revenue Agency for tax years 2014 through 2017. As this audit is still in process, the timing of the resolution and any payments that may be required cannot be determined at this time. The Company believes that, to the extent a liability may exist, it is appropriately reserved as of December 31, 2019.

Income Taxes - REIT

Income Taxes - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Income Taxes	INCOME TAXES The Corporation's taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its 58% ownership of ESH REIT. Income (loss) before income tax expense for the years ended December 31, 2019, 2018 and 2017 consists of the following (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, U.S. $ 194,143 $ 254,172 $ 244,995 Canada 310 (340) (13,293) Total $ 194,453 $ 253,832 $ 231,702 The components of income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Federal (including foreign): Current $ 28,297 $ 31,401 $ 49,307 Deferred (6,697) 711 1,675 State: Current 9,134 9,656 9,244 Deferred (1,419) 308 (712) Total $ 29,315 $ 42,076 $ 59,514 The differences between income tax expense at the effective tax rate and the statutory U.S. federal income tax rate for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Tax at statutory rate $ 40,835 21.0 % $ 53,305 21.0 % $ 81,096 35.0 % State income tax 5,844 3.0 7,847 3.1 5,578 2.4 Foreign income tax rate differential — — — — (4,741) (2.0) Nontaxable ESH REIT income (18,577) (9.6) (14,976) (5.9) (25,689) (11.1) Equity-based compensation (69) — (524) (0.2) (263) (0.1) Other permanent differences 629 0.3 30 — 3,283 1.4 Estimate of future nontaxable distributions from ESH REIT — — 5,020 2.0 (2,054) (0.9) Change in ESH REIT temporary differences 475 0.3 (9,525) (3.7) (2,102) (0.9) Change in deferred tax rate (1) — — — — 4,051 1.7 Valuation allowance (1) — (2) — (427) (0.2) Tax credits (783) (0.4) (661) (0.3) (497) (0.2) Other - net 962 0.5 1,562 0.6 1,279 0.6 Income tax expense - net $ 29,315 15.1 % $ 42,076 16.6 % $ 59,514 25.7 % ________________________ (1) Reflects the impact of the TCJA on Corporation deferred tax assets, specifically the remeasurement of deferred tax assets at December 31, 2017, using newly enacted tax rates, which resulted in deferred income tax expense. The significant components of deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018, consist of the following (in thousands): December 31, 2019 December 31, 2018 Deferred tax assets: Net operating loss carryforwards $ 2,914 $ 2,926 Accruals and allowances 19,484 10,861 Equity-based compensation 972 1,409 Depreciable property 2,890 3,211 Other 665 652 Total deferred tax assets 26,925 19,059 Valuation allowance (2,914) (2,926) Net deferred tax assets 24,011 16,133 Deferred tax liabilities: Undistributed ESH REIT income (5,074) (5,578) Intangible assets (2,112) (2,600) Prepaid expenses (668) (629) Other — (17) Total net deferred tax assets: $ 16,157 $ 7,309 ESH REIT has elected to be taxed as and expects to continue to qualify as a REIT under Sections 856 through 860 of the Code. A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding net capital gain, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017 , ESH REIT recognized a dividends paid deduction for 100% of its taxable income, incurring no federal income tax and minimal state and local income tax. During the year ended December 31, 2017, the Company estimated the remeasurement of its net deferred tax asset based on the newly enacted 21% federal corporate income tax rate under the TCJA and recorded provisional deferred income tax expense of $4.1 million. The Company completed its accounting for all tax effects of the TCJA in 2018. During the year ended December 31, 2018, there was no material change from the provisional amount recorded during the year ended December 31, 2017. ESH REIT had taxable income prior to distributions of $233.4 million, $297.2 million and $231.6 million for the years ended December 31, 2019, 2018 and 2017, respectively. In 2019, ESH REIT made $240.6 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2019 cash distributions included $26.5 million previously deducted in 2018 to fully offset 2018 taxable income. In 2018, ESH REIT made $277.1 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2018 cash distributions included $2.8 million of distributions previously deducted in 2017 to fully offset 2017 taxable income. In 2017, ESH REIT made $235.1 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2017 cash distributions included $6.2 million of distributions previously deducted in 2016 to fully offset 2016 taxable income. As of December 31, 2019, the book basis of ESH REIT’s property and equipment was $5.2 million greater than the tax basis. As of December 31, 2019 and 2018, the Company recorded a valuation allowance related to the net operating loss carryforwards of its Canadian Operating Lessee and state net operating losses of ESH REIT. The Company has concluded that, in light of available evidence, it is more likely than not that these net operating loss carryforwards will not be realized. The Company evaluates its open tax positions using the criteria established by ASC 740, Income Taxes . The Company has concluded that it has not taken any material tax positions that are not more likely than not to be sustained upon examination and has therefore not recorded any reserves for uncertain tax positions. The Company’s federal income tax returns for the years 2016 to present may be subject to examination by the Internal Revenue Service and other taxing authorities. As of December 31, 2019, a subsidiary of ESH REIT was under examination by the Canadian Revenue Agency for tax years 2014 through 2017. As this audit is still in process, the timing of the resolution and any payments that may be required cannot be determined at this time. The Company believes that, to the extent a liability may exist, it is appropriately reserved as of December 31, 2019.
ESH Hospitality, Inc.
Entity Information [Line Items]
Income Taxes	INCOME TAXES Income (loss) before income tax expense for the years ended December 31, 2019, 2018 and 2017 consists of the following (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, U.S. $ 225,952 $ 231,266 $ 231,093 Canada 310 (340) (14,880) Total $ 226,262 $ 230,926 $ 216,213 The components of income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Federal (including foreign): Current $ — $ 715 $ 4,792 Deferred — — (3,377) State: Current 384 97 170 Deferred (9) (15) (356) Total $ 375 $ 797 $ 1,229 The differences between income tax expense at the effective tax rate and the statutory U.S. federal income tax rate for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Tax at statutory rate $ 47,515 21.0 % $ 48,494 21.0 % $ 75,675 35.0 % State income tax 375 0.2 82 — (272) (0.1) Foreign income tax rate differential — — — — (5,149) (2.4) Nontaxable ESH REIT income (47,509) (21.0) (48,116) (20.8) (71,304) (33.0) Other permanent differences (6) — (378) (0.2) 1,925 0.9 Other - net — — 715 0.3 354 0.2 Income tax expense - net $ 375 0.2 % $ 797 0.3 % $ 1,229 0.6 % The significant components of deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018, consist of the following (in thousands): December 31, December 31, Deferred tax assets: Net operating loss carryforwards $ 785 $ 787 Other 2 1 Total deferred tax assets: 787 788 Valuation allowance (785) (787) Net deferred tax assets: 2 1 Deferred tax liabilities: Depreciable property — (10) Other (13) (11) Total net deferred tax liabilities: $ (11) $ (20) ESH REIT has elected to be taxed as and expects to continue to qualify as a REIT under Sections 856 through 860 of the Code. A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding net capital gain, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017, ESH REIT recognized a dividend paid deduction for 100% of its taxable income, incurring no federal income tax and minimal state and local income taxes. As discussed in Note 4, during 2017, ESH REIT disposed of substantially all of its Canadian assets, resulting in a gain for tax purposes, upon which it paid $4.5 million of current period income tax. ESH REIT had taxable income prior to distributions of $233.4 million, $297.2 million and $231.6 million for the years ended December 31, 2019, 2018 and 2017, respectively. In 2019, ESH REIT made $240.6 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2019 cash distributions included $26.5 million previously deducted in 2018 to fully offset 2018 taxable income. In 2018, ESH REIT made $277.1 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2018 cash distributions included $2.8 million of distributions previously deducted in 2017 to fully offset 2017 taxable income. In 2017, ESH REIT made $235.1 million in cash distributions to its shareholders, excluding accumulated distributions on restricted stock settled, all of which were considered ordinary taxable income. The 2017 cash distributions included $6.2 million of distributions previously deducted in 2016 to fully offset 2016 taxable income. As of December 31, 2019, the tax basis of ESH REIT’s property and equipment was $5.2 million greater than the book basis. ESH REIT evaluates its open tax positions using the criteria established by ASC 740, Income Taxes. ESH REIT has concluded that it has not taken any material tax positions that are not more likely than not to be sustained upon examination and has therefore not recorded any reserves for uncertain tax positions. ESH REIT’s federal income tax returns for the years 2016 to present may be subject to examination by the Internal Revenue Service and other taxing authorities. As of December 31, 2019, a subsidiary of ESH REIT was under examination by the Canadian Revenue Agency for tax years 2014 through 2017. As this audit is still in process, the timing of the resolution and any payments that may be required cannot be determined at this time. ESH REIT believes that, to the extent a liability may exist, it is appropriately reserved as of December 31, 2019.

Quarterly Results (Unaudited)

Quarterly Results (Unaudited)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results (Unaudited)	QUARTERLY RESULTS (Unaudited) Quarterly financial data for the years ended December 31, 2019 and 2018 is as follows (in thousands, except per share data): Three Months Ended March 31, Three Months Ended June 30, Three Months Ended September 30, Three Months Ended December 31, 2019 2018 2019 2018 2019 2018 2019 2018 Total revenues $ 277,669 $ 297,767 $ 323,657 $ 336,501 $ 332,695 $ 351,076 $ 284,198 $ 289,715 Income from operations 63,953 68,729 100,451 112,504 100,367 121,462 57,055 75,242 Net income 28,404 31,095 59,658 65,570 53,230 75,692 23,846 39,399 Net income attributable to noncontrolling interests (6,470) (16,243) (6,161) (514) (12,159) (3,790) (70,680) (78,345) Net income (loss) attributable to common shareholders 21,934 14,852 53,497 65,056 41,071 71,902 (46,834) (38,946) Net income (loss) per common share—basic (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) $ (0.21) Net income (loss) per common share—diluted (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) (2) $ (0.21) (3) _________________________ (1) The sum of the four quarters may differ from the annual amount due to rounding. (2) Excludes 0.3 million anti-dilutive securities. (3) Excludes 0.4 million anti-dilutive securities.

Quarterly Results (Unaudited) -

Quarterly Results (Unaudited) - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Quarterly Results (Unaudited)	QUARTERLY RESULTS (Unaudited) Quarterly financial data for the years ended December 31, 2019 and 2018 is as follows (in thousands, except per share data): Three Months Ended March 31, Three Months Ended June 30, Three Months Ended September 30, Three Months Ended December 31, 2019 2018 2019 2018 2019 2018 2019 2018 Total revenues $ 277,669 $ 297,767 $ 323,657 $ 336,501 $ 332,695 $ 351,076 $ 284,198 $ 289,715 Income from operations 63,953 68,729 100,451 112,504 100,367 121,462 57,055 75,242 Net income 28,404 31,095 59,658 65,570 53,230 75,692 23,846 39,399 Net income attributable to noncontrolling interests (6,470) (16,243) (6,161) (514) (12,159) (3,790) (70,680) (78,345) Net income (loss) attributable to common shareholders 21,934 14,852 53,497 65,056 41,071 71,902 (46,834) (38,946) Net income (loss) per common share—basic (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) $ (0.21) Net income (loss) per common share—diluted (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) (2) $ (0.21) (3) _________________________ (1) The sum of the four quarters may differ from the annual amount due to rounding. (2) Excludes 0.3 million anti-dilutive securities. (3) Excludes 0.4 million anti-dilutive securities.
ESH Hospitality, Inc.
Entity Information [Line Items]
Quarterly Results (Unaudited)	QUARTERLY RESULTS (Unaudited) Quarterly financial data for the years ended December 31, 2019 and 2018 is as follows (in thousands, except per share data): Three Months Ended March 31, Three Months Ended June 30, Three Months Ended September 30, Three Months Ended December 31, 2019 2018 2019 2018 2019 2018 2019 2018 Rental revenues from Extended Stay America, Inc. $ 118,005 $ 113,331 $ 118,102 $ 111,532 $ 139,455 $ 142,977 $ 274,336 $ 299,588 Income from operations 44,864 69,313 44,489 34,253 65,516 39,578 200,038 211,658 Net income 15,066 37,581 14,349 1,190 28,467 8,821 168,005 182,537 Net income per common share - Class A - basic (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 Net income per common share - Class A - diluted (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 Net income per common share - Class B - basic (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 Net income per common share - Class B - diluted (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 _______________________ (1) The sum of the four quarters may differ from the annual amount due to rounding.

Equity

Equity	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Equity	EQUITY The Corporation The Corporation has authorized 3,500.0 million shares of common stock, par value $0.01 per share, of which 179.5 million and 188.2 million shares were issued and outstanding as of December 31, 2019 and 2018, respectively. Each share of the Corporation’s outstanding common stock is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. The Corporation has authorized 350.0 million shares of preferred stock, $0.01 par value, of which 7,130 shares of mandatorily redeemable voting preferred stock were issued and outstanding as of December 31, 2019 and 2018. Dividends on these mandatorily redeemable voting preferred shares are payable quarterly in arrears at a rate of 8.0% per year. With respect to dividend, distribution and liquidation rights, the 8.0% voting preferred stock ranks senior to the Corporation’s common stock. The outstanding 8.0% mandatorily redeemable voting preferred shares are classified as a liability on the accompanying consolidated balance sheets and are further described in Note 7. The Corporation paid cash distributions totaling $67.2 million, $45.8 million and $56.1 million during the years ended December 31, 2019, 2018 and 2017, respectively, to its common shareholders, all of which were considered taxable dividends. Paired Share Repurchase Program —In December 2015, the Boards of Directors of the Corporation and ESH REIT authorized a combined Paired Share repurchase program. As a result of several increases in authorized amounts and program extensions, the combined Paired Share repurchase program currently authorizes the Corporation and ESH REIT to purchase up to $550 million in Paired Shares through December 31, 2020. Repurchases may be made at management’s discretion from time to time in the open market, in privately negotiated transactions or by other means (including through Rule 10b5-1 trading plans). As of December 31, 2019, the Corporation and ESH REIT repurchased and retired 26.4 million Paired Shares for $263.3 million and $155.0 million, including transaction fees, respectively, and $132.2 million remained available under the combined Paired Share repurchase program. Noncontrolling Interests Third party equity interests in the Corporation consist of the outstanding shares of the Class B common stock of ESH REIT, which represent approximately 42% and 43% of ESH REIT’s total common equity as of December 31, 2019 and 2018, respectively, and the outstanding 125 shares of 12.5% preferred stock of ESH REIT. These interests, which are not owned by the Corporation, are presented as noncontrolling interests. ESH REIT ESH REIT has authorized 4,300.0 million shares of Class A common stock, par value $0.01 per share, of which 250.5 million shares were issued and outstanding as of December 31, 2019 and 2018. All issued and outstanding shares of ESH REIT Class A common stock were held by the Corporation as of December 31, 2019 and 2018. ESH REIT has authorized 7,800.0 million shares of Class B common stock, par value $0.01 per share, of which 179.5 million and 188.2 million shares were issued and outstanding as of December 31, 2019 and 2018, respectively. Each share of ESH REIT’s outstanding Class B common stock is attached to and trades as a single unit with one share of the Corporation’s common stock. ESH REIT has authorized 350.0 million shares of preferred stock, par value $0.01 per share, of which no shares were issued or outstanding as of December 31, 2019 and 2018. Additionally, ESH REIT has authorized 125 shares of preferred stock, no par value, all of which were issued and outstanding as of December 31, 2019 and 2018. The outstanding ESH REIT preferred stock pays dividends at a rate of 12.5% per year. With respect to dividends and distributions upon ESH REIT’s liquidation, winding-up or dissolution, the 12.5% preferred stock ranks senior to the ESH REIT Class A and Class B common stock. The liquidation preference of the 12.5% preferred stock is $1,000 per share plus any accumulated unpaid dividends. Shares of 12.5% preferred stock may be redeemed, in whole or in part, at any time for a per share amount equal to the liquidation preference plus all accumulated unpaid dividends.

Equity - REIT

Equity - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Equity	EQUITY The Corporation The Corporation has authorized 3,500.0 million shares of common stock, par value $0.01 per share, of which 179.5 million and 188.2 million shares were issued and outstanding as of December 31, 2019 and 2018, respectively. Each share of the Corporation’s outstanding common stock is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. The Corporation has authorized 350.0 million shares of preferred stock, $0.01 par value, of which 7,130 shares of mandatorily redeemable voting preferred stock were issued and outstanding as of December 31, 2019 and 2018. Dividends on these mandatorily redeemable voting preferred shares are payable quarterly in arrears at a rate of 8.0% per year. With respect to dividend, distribution and liquidation rights, the 8.0% voting preferred stock ranks senior to the Corporation’s common stock. The outstanding 8.0% mandatorily redeemable voting preferred shares are classified as a liability on the accompanying consolidated balance sheets and are further described in Note 7. The Corporation paid cash distributions totaling $67.2 million, $45.8 million and $56.1 million during the years ended December 31, 2019, 2018 and 2017, respectively, to its common shareholders, all of which were considered taxable dividends. Paired Share Repurchase Program —In December 2015, the Boards of Directors of the Corporation and ESH REIT authorized a combined Paired Share repurchase program. As a result of several increases in authorized amounts and program extensions, the combined Paired Share repurchase program currently authorizes the Corporation and ESH REIT to purchase up to $550 million in Paired Shares through December 31, 2020. Repurchases may be made at management’s discretion from time to time in the open market, in privately negotiated transactions or by other means (including through Rule 10b5-1 trading plans). As of December 31, 2019, the Corporation and ESH REIT repurchased and retired 26.4 million Paired Shares for $263.3 million and $155.0 million, including transaction fees, respectively, and $132.2 million remained available under the combined Paired Share repurchase program. Noncontrolling Interests Third party equity interests in the Corporation consist of the outstanding shares of the Class B common stock of ESH REIT, which represent approximately 42% and 43% of ESH REIT’s total common equity as of December 31, 2019 and 2018, respectively, and the outstanding 125 shares of 12.5% preferred stock of ESH REIT. These interests, which are not owned by the Corporation, are presented as noncontrolling interests. ESH REIT ESH REIT has authorized 4,300.0 million shares of Class A common stock, par value $0.01 per share, of which 250.5 million shares were issued and outstanding as of December 31, 2019 and 2018. All issued and outstanding shares of ESH REIT Class A common stock were held by the Corporation as of December 31, 2019 and 2018. ESH REIT has authorized 7,800.0 million shares of Class B common stock, par value $0.01 per share, of which 179.5 million and 188.2 million shares were issued and outstanding as of December 31, 2019 and 2018, respectively. Each share of ESH REIT’s outstanding Class B common stock is attached to and trades as a single unit with one share of the Corporation’s common stock. ESH REIT has authorized 350.0 million shares of preferred stock, par value $0.01 per share, of which no shares were issued or outstanding as of December 31, 2019 and 2018. Additionally, ESH REIT has authorized 125 shares of preferred stock, no par value, all of which were issued and outstanding as of December 31, 2019 and 2018. The outstanding ESH REIT preferred stock pays dividends at a rate of 12.5% per year. With respect to dividends and distributions upon ESH REIT’s liquidation, winding-up or dissolution, the 12.5% preferred stock ranks senior to the ESH REIT Class A and Class B common stock. The liquidation preference of the 12.5% preferred stock is $1,000 per share plus any accumulated unpaid dividends. Shares of 12.5% preferred stock may be redeemed, in whole or in part, at any time for a per share amount equal to the liquidation preference plus all accumulated unpaid dividends.
ESH Hospitality, Inc.
Entity Information [Line Items]
Equity	EQUITY ESH REIT has authorized 4,300.0 million shares of Class A common stock, par value $0.01 per share, of which 250.5 million shares were issued and outstanding as of December 31, 2019 and 2018. All issued and outstanding shares of ESH REIT Class A common stock were held by the Corporation as of December 31, 2019 and 2018. ESH REIT has authorized 7,800.0 million shares of Class B common stock, par value $0.01 per share, of which 179.5 million and 188.2 million shares were issued and outstanding as of December 31, 2019 and 2018, respectively. Each share of ESH REIT’s outstanding Class B common stock is attached to and trades as a single unit with one share of the Corporation’s common stock. ESH REIT has authorized 350.0 million shares of preferred stock, par value $0.01 per share, of which no shares were issued or outstanding as of December 31, 2019 and 2018. Additionally, ESH REIT has authorized 125 shares of preferred stock, no par value, all of which were issued and outstanding as of December 31, 2019 and 2018. The outstanding ESH REIT preferred stock pays dividends at a rate of 12.5% per year. With respect to dividends and distributions upon ESH REIT’s liquidation, winding-up or dissolution, the 12.5% preferred stock ranks senior to the ESH REIT Class A and Class B common stock. The liquidation preference of the 12.5% preferred stock is $1,000 per share plus any accumulated unpaid dividends. Shares of 12.5% preferred stock may be redeemed, in whole or in part, at any time for a per share amount equal to the liquidation preference plus all accumulated unpaid dividends. ESH REIT paid cash distributions totaling $241.0 million (of which $137.8 million was paid to the Corporation), $277.8 million (of which $157.8 million was paid to the Corporation) and $235.6 million (of which $132.8 million was paid to the Corporation) during the years ended December 31, 2019, 2018 and 2017, respectively. Paired Share Repurchase Program —In December 2015, the Boards of Directors of the Corporation and ESH REIT authorized a combined Paired Share repurchase program. As a result of several increases in authorized amounts and program extensions, the combined Paired Share repurchase program currently authorizes the Corporation and ESH REIT to purchase up to $550 million in Paired Shares through December 31, 2020. Repurchases may be made at management’s discretion from time to time in the open market, in privately negotiated transactions or by other means (including through Rule 10b5-1 trading plans). As of December 31, 2019, ESH REIT repurchased and retired 26.4 million ESH REIT Class B common shares for $155.0 million, including transaction fees, and $132.2 million remained available under the combined Paired Share repurchase program.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten year periods. The Company is also a tenant under an operating lease for its corporate office, which terminates in August 2021 and includes renewal options for two five Operating lease costs related to ground leases are included in hotel operating expenses, while operating lease costs related to the Company’s office lease are included in general and administrative expenses, in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As the Company’s finance lease right-of-use assets pertain to land and land under development, and as the Company elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases , no amortization costs related to finance leases were incurred during the year ended December 31, 2019. The Company has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361 Rent expense on operating leases was $3.2 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight-line basis. The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases. Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 % The Company's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of December 31, 2019, the Company had one outstanding letter of credit, issued by the Corporation for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of December 31, 2019, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the Court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval. During the year ended December 31, 2019, the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding one lawsuit, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the fourth quarter of 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s consolidated financial statements, results of operations or liquidity in a future period. We believe that we have meritorious defenses and are prepared to vigorously defend the lawsuit. The Company is not a party to any additional litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business of the Company. The Company believes that the results of all additional litigation and claims, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten year periods. The Company is also a tenant under an operating lease for its corporate office, which terminates in August 2021 and includes renewal options for two five Operating lease costs related to ground leases are included in hotel operating expenses, while operating lease costs related to the Company’s office lease are included in general and administrative expenses, in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As the Company’s finance lease right-of-use assets pertain to land and land under development, and as the Company elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases , no amortization costs related to finance leases were incurred during the year ended December 31, 2019. The Company has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361 Rent expense on operating leases was $3.2 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight-line basis. The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases. Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 % The Company's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of December 31, 2019, the Company had one outstanding letter of credit, issued by the Corporation for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of December 31, 2019, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the Court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval. During the year ended December 31, 2019, the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding one lawsuit, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the fourth quarter of 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s consolidated financial statements, results of operations or liquidity in a future period. We believe that we have meritorious defenses and are prepared to vigorously defend the lawsuit. The Company is not a party to any additional litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business of the Company. The Company believes that the results of all additional litigation and claims, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten year periods. The Company is also a tenant under an operating lease for its corporate office, which terminates in August 2021 and includes renewal options for two five Operating lease costs related to ground leases are included in hotel operating expenses, while operating lease costs related to the Company’s office lease are included in general and administrative expenses, in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As the Company’s finance lease right-of-use assets pertain to land and land under development, and as the Company elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases , no amortization costs related to finance leases were incurred during the year ended December 31, 2019. The Company has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361 Rent expense on operating leases was $3.2 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight-line basis. The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases. Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 % The Company's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of December 31, 2019, the Company had one outstanding letter of credit, issued by the Corporation for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of December 31, 2019, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the Court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval. During the year ended December 31, 2019, the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding one lawsuit, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the fourth quarter of 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s consolidated financial statements, results of operations or liquidity in a future period. We believe that we have meritorious defenses and are prepared to vigorously defend the lawsuit. The Company is not a party to any additional litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business of the Company. The Company believes that the results of all additional litigation and claims, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.

Commitments and Contingencies -

Commitments and Contingencies - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten year periods. The Company is also a tenant under an operating lease for its corporate office, which terminates in August 2021 and includes renewal options for two five Operating lease costs related to ground leases are included in hotel operating expenses, while operating lease costs related to the Company’s office lease are included in general and administrative expenses, in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As the Company’s finance lease right-of-use assets pertain to land and land under development, and as the Company elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases , no amortization costs related to finance leases were incurred during the year ended December 31, 2019. The Company has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361 Rent expense on operating leases was $3.2 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight-line basis. The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases. Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 % The Company's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of December 31, 2019, the Company had one outstanding letter of credit, issued by the Corporation for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of December 31, 2019, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the Court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval. During the year ended December 31, 2019, the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding one lawsuit, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the fourth quarter of 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s consolidated financial statements, results of operations or liquidity in a future period. We believe that we have meritorious defenses and are prepared to vigorously defend the lawsuit. The Company is not a party to any additional litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business of the Company. The Company believes that the results of all additional litigation and claims, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten year periods. The Company is also a tenant under an operating lease for its corporate office, which terminates in August 2021 and includes renewal options for two five Operating lease costs related to ground leases are included in hotel operating expenses, while operating lease costs related to the Company’s office lease are included in general and administrative expenses, in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As the Company’s finance lease right-of-use assets pertain to land and land under development, and as the Company elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases , no amortization costs related to finance leases were incurred during the year ended December 31, 2019. The Company has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361 Rent expense on operating leases was $3.2 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight-line basis. The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases. Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 % The Company's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of December 31, 2019, the Company had one outstanding letter of credit, issued by the Corporation for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of December 31, 2019, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the Court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval. During the year ended December 31, 2019, the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding one lawsuit, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the fourth quarter of 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s consolidated financial statements, results of operations or liquidity in a future period. We believe that we have meritorious defenses and are prepared to vigorously defend the lawsuit. The Company is not a party to any additional litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business of the Company. The Company believes that the results of all additional litigation and claims, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten year periods. The Company is also a tenant under an operating lease for its corporate office, which terminates in August 2021 and includes renewal options for two five Operating lease costs related to ground leases are included in hotel operating expenses, while operating lease costs related to the Company’s office lease are included in general and administrative expenses, in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As the Company’s finance lease right-of-use assets pertain to land and land under development, and as the Company elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases , no amortization costs related to finance leases were incurred during the year ended December 31, 2019. The Company has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361 Rent expense on operating leases was $3.2 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight-line basis. The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases. Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 % The Company's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of December 31, 2019, the Company had one outstanding letter of credit, issued by the Corporation for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of December 31, 2019, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the Court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval. During the year ended December 31, 2019, the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding one lawsuit, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the fourth quarter of 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s consolidated financial statements, results of operations or liquidity in a future period. We believe that we have meritorious defenses and are prepared to vigorously defend the lawsuit. The Company is not a party to any additional litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business of the Company. The Company believes that the results of all additional litigation and claims, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.
ESH Hospitality, Inc.
Entity Information [Line Items]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —ESH REIT is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As ESH REIT's finance lease right-of-use assets pertain to land and land under development, and as ESH REIT elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases, no amortization costs related to finance leases were incurred during the year ended December 31, 2019. ESH REIT has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of ESH REIT's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 1,348 Finance lease costs - interest 242 Total lease costs $ 1,590 Rent expense on operating leases was $1.5 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight line basis. ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 2,084 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 9,207 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases . Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 779 $ 386 2021 784 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 81,011 $ 5,080 Total discounted lease liability $ 9,207 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,804 $ 1,701 Weighted-average remaining lease term 58 years 12 years Weighted-average discount rate 6.6 % 7.0 % ESH REIT's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, ESH REIT does not have any material leases that have not yet commenced. Legal Contingencies —ESH REIT is not a party to any litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business. ESH REIT believes that the results of all claims and litigation, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —ESH REIT is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As ESH REIT's finance lease right-of-use assets pertain to land and land under development, and as ESH REIT elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases, no amortization costs related to finance leases were incurred during the year ended December 31, 2019. ESH REIT has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of ESH REIT's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 1,348 Finance lease costs - interest 242 Total lease costs $ 1,590 Rent expense on operating leases was $1.5 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight line basis. ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 2,084 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 9,207 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases . Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 779 $ 386 2021 784 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 81,011 $ 5,080 Total discounted lease liability $ 9,207 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,804 $ 1,701 Weighted-average remaining lease term 58 years 12 years Weighted-average discount rate 6.6 % 7.0 % ESH REIT's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, ESH REIT does not have any material leases that have not yet commenced. Legal Contingencies —ESH REIT is not a party to any litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business. ESH REIT believes that the results of all claims and litigation, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Lease Commitments —ESH REIT is a tenant under long-term ground leases at five of its hotel properties, including one hotel site for which development is in process. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses in the consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the consolidated balance sheets (see Note 5). As ESH REIT's finance lease right-of-use assets pertain to land and land under development, and as ESH REIT elected the practical expedient to retain prior lease classification upon adoption of ASC 842, Leases, no amortization costs related to finance leases were incurred during the year ended December 31, 2019. ESH REIT has no variable lease costs or short-term leases. For the year ended in December 31, 2019, components of ESH REIT's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 1,348 Finance lease costs - interest 242 Total lease costs $ 1,590 Rent expense on operating leases was $1.5 million for each of the years ended December 31, 2018 and 2017 and was recognized on a straight line basis. ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 2,084 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 9,207 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases . Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 779 $ 386 2021 784 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 81,011 $ 5,080 Total discounted lease liability $ 9,207 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,804 $ 1,701 Weighted-average remaining lease term 58 years 12 years Weighted-average discount rate 6.6 % 7.0 % ESH REIT's leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of December 31, 2019, ESH REIT does not have any material leases that have not yet commenced. Legal Contingencies —ESH REIT is not a party to any litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of the business. ESH REIT believes that the results of all claims and litigation, individually or in the aggregate, will not have a material adverse effect on its consolidated financial statements, results of operations or liquidity.

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Equity-Based Compensation	EQUITY-BASED COMPENSATION The Corporation and ESH REIT each maintain an LTIP, as amended and restated in 2015, approved by their shareholders. Under each LTIP, the Corporation and ESH REIT may issue to eligible employees or directors restricted stock units ("RSUs") or other equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The aggregate number of Paired Shares that may be the subject of awards under the LTIPs shall not exceed 8.0 million, of which no more than 4.0 million may be granted as incentive stock options. Each of the Corporation’s and ESH REIT’s LTIPs has a share reserve of an equivalent number of shares of Corporation common stock and ESH REIT Class B common stock. As of December 31, 2019, 4.6 million Paired Shares were available for future issuance under the LTIPs. Equity-based compensation expense is recognized by amortizing the grant-date fair value on a straight-line basis over the requisite service period of each award. A portion of the grant-date fair value of all equity-based awards is allocated to a share of Corporation common stock and a portion is allocated to a share of ESH REIT Class B common stock. Equity-based compensation expense, which is included in general and administrative expenses in the accompanying consolidated statements of operations, was $6.9 million, $7.7 million and $7.6 million for the years ended December 31, 2019, 2018 and 2017, respectively. As of December 31, 2019, unrecognized compensation expense related to outstanding equity-based awards and the related weighted-average period over which it is expected to be recognized subsequent to December 31, 2019 is presented in the following table. Total unrecognized compensation expense will be adjusted for forfeitures and the achievement of certain market-based conditions. Unrecognized Remaining Weighted- RSUs with service vesting conditions $ 10,180 1.6 RSUs with market vesting conditions 1,878 1.7 Total unrecognized compensation expense $ 12,058 RSU activity during the years ended December 31, 2019, 2018 and 2017, was as follows: Performance-Based Awards Service-Based Awards Performance Vesting Market Vesting Number of Weighted- Average Grant- Date Fair Value (1) Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value (1) Outstanding at January 1, 2017 892 $ 16.93 119 $ 14.07 972 $ 9.01 Granted 272 $ 17.51 192 $ 17.45 104 $ 18.58 Settled (417) $ 17.75 (119) $ 14.07 — $ — Forfeited (145) $ 15.13 (39) $ 17.45 (865) $ 8.35 Outstanding at December 31, 2017 602 $ 17.06 153 $ 17.45 211 $ 16.46 Granted 401 $ 19.42 57 $ 19.52 204 $ 17.41 Settled (399) $ 17.46 (153) $ 17.45 (41) $ 20.76 Forfeited (81) $ 18.05 (25) $ 19.52 (77) $ 15.36 Outstanding at December 31, 2018 523 $ 18.42 32 $ 19.52 297 $ 16.79 Granted 687 $ 16.02 24 $ 17.20 247 $ 15.35 Settled (249) $ 18.03 (33) $ 19.46 (53) $ 12.36 Forfeited (33) $ 17.86 (23) $ 17.20 (236) $ 16.52 Outstanding at December 31, 2019 928 $ 16.77 — $ — 255 $ 16.56 Vested at December 31, 2019 38 $ 15.52 — $ — 45 $ 18.58 Nonvested at December 31, 2019 890 $ 16.82 — $ — 210 $ 16.11 Vested at December 31, 2018 7 $ 19.11 32 $ 19.52 50 $ 12.03 Nonvested at December 31, 2018 516 $ 18.41 — $ — 247 $ 17.75 _____________________ (1) An independent valuation was performed contemporaneously with the issuance of grants. The grant-date fair value of awards with service vesting conditions is based on the closing price of a Paired Share on the date of grant. Service-based awards vest over a period of one one three Expected holding period 2.90 years Risk–free rate of return 2.46 % Expected dividend yield 5.12 %

Equity-Based Compensation - REI

Equity-Based Compensation - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Equity-Based Compensation	EQUITY-BASED COMPENSATION The Corporation and ESH REIT each maintain an LTIP, as amended and restated in 2015, approved by their shareholders. Under each LTIP, the Corporation and ESH REIT may issue to eligible employees or directors restricted stock units ("RSUs") or other equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The aggregate number of Paired Shares that may be the subject of awards under the LTIPs shall not exceed 8.0 million, of which no more than 4.0 million may be granted as incentive stock options. Each of the Corporation’s and ESH REIT’s LTIPs has a share reserve of an equivalent number of shares of Corporation common stock and ESH REIT Class B common stock. As of December 31, 2019, 4.6 million Paired Shares were available for future issuance under the LTIPs. Equity-based compensation expense is recognized by amortizing the grant-date fair value on a straight-line basis over the requisite service period of each award. A portion of the grant-date fair value of all equity-based awards is allocated to a share of Corporation common stock and a portion is allocated to a share of ESH REIT Class B common stock. Equity-based compensation expense, which is included in general and administrative expenses in the accompanying consolidated statements of operations, was $6.9 million, $7.7 million and $7.6 million for the years ended December 31, 2019, 2018 and 2017, respectively. As of December 31, 2019, unrecognized compensation expense related to outstanding equity-based awards and the related weighted-average period over which it is expected to be recognized subsequent to December 31, 2019 is presented in the following table. Total unrecognized compensation expense will be adjusted for forfeitures and the achievement of certain market-based conditions. Unrecognized Remaining Weighted- RSUs with service vesting conditions $ 10,180 1.6 RSUs with market vesting conditions 1,878 1.7 Total unrecognized compensation expense $ 12,058 RSU activity during the years ended December 31, 2019, 2018 and 2017, was as follows: Performance-Based Awards Service-Based Awards Performance Vesting Market Vesting Number of Weighted- Average Grant- Date Fair Value (1) Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value (1) Outstanding at January 1, 2017 892 $ 16.93 119 $ 14.07 972 $ 9.01 Granted 272 $ 17.51 192 $ 17.45 104 $ 18.58 Settled (417) $ 17.75 (119) $ 14.07 — $ — Forfeited (145) $ 15.13 (39) $ 17.45 (865) $ 8.35 Outstanding at December 31, 2017 602 $ 17.06 153 $ 17.45 211 $ 16.46 Granted 401 $ 19.42 57 $ 19.52 204 $ 17.41 Settled (399) $ 17.46 (153) $ 17.45 (41) $ 20.76 Forfeited (81) $ 18.05 (25) $ 19.52 (77) $ 15.36 Outstanding at December 31, 2018 523 $ 18.42 32 $ 19.52 297 $ 16.79 Granted 687 $ 16.02 24 $ 17.20 247 $ 15.35 Settled (249) $ 18.03 (33) $ 19.46 (53) $ 12.36 Forfeited (33) $ 17.86 (23) $ 17.20 (236) $ 16.52 Outstanding at December 31, 2019 928 $ 16.77 — $ — 255 $ 16.56 Vested at December 31, 2019 38 $ 15.52 — $ — 45 $ 18.58 Nonvested at December 31, 2019 890 $ 16.82 — $ — 210 $ 16.11 Vested at December 31, 2018 7 $ 19.11 32 $ 19.52 50 $ 12.03 Nonvested at December 31, 2018 516 $ 18.41 — $ — 247 $ 17.75 _____________________ (1) An independent valuation was performed contemporaneously with the issuance of grants. The grant-date fair value of awards with service vesting conditions is based on the closing price of a Paired Share on the date of grant. Service-based awards vest over a period of one one three Expected holding period 2.90 years Risk–free rate of return 2.46 % Expected dividend yield 5.12 %
ESH Hospitality, Inc.
Entity Information [Line Items]
Equity-Based Compensation	EQUITY-BASED COMPENSATION The Corporation and ESH REIT each maintain an LTIP, as amended and restated in 2015, approved by their shareholders. Under each LTIP, the Corporation and ESH REIT may issue to eligible employees or directors restricted stock units ("RSUs") or other equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The aggregate number of Paired Shares that may be the subject of awards under the LTIPs shall not exceed 8.0 million, of which no more than 4.0 million may be granted as incentive stock options. Each of the Corporation’s and ESH REIT’s LTIPs has a share reserve of an equivalent number of shares of Corporation common stock and ESH REIT Class B common stock. As of December 31, 2019, 4.6 million Paired Shares were available for future issuance under the LTIPs. Equity-based compensation expense is recognized by amortizing the grant-date fair value on a straight-line basis over the requisite service period of each award. A portion of the grant-date fair value of all equity-based awards is allocated to a share of Corporation common stock and a portion is allocated to a share of ESH REIT Class B common stock. Equity-based compensation expense, which is included in general and administrative expenses in the accompanying consolidated statements of operations, was $0.5 million, $0.6 million and $0.4 million for the years ended December 31, 2019, 2018 and 2017, respectively. As of December 31, 2019, there was $0.2 million of unrecognized compensation expense related to outstanding equity-based awards, which is expected to be recognized subsequent to December 31, 2019 over a weighted-average period of 0.4 years. Total unrecognized compensation expense will be adjusted for forfeitures. ESH REIT will have to pay more or less for a share of the Corporation common stock at the time of settlement than it would have otherwise paid at the time of grant as the result of market changes in the value of a Paired Share between the time of grant and the time of settlement. An increase in the value allocated to a share of common stock of the Corporation due to market changes in the value of a Paired Share between the time of grant and the time of settlement is recorded as a distribution to the Corporation. A decrease in the value allocated to a share of common stock of the Corporation due to market changes in the value of a Paired Share between the time of grant and the time of settlement is recorded as additional paid in capital from the Corporation. For all LTIP awards granted by the Corporation, ESH REIT will receive compensation for the fair value of the Class B shares on the date of settlement of such Class B shares by ESH REIT. As of December 31, 2019, the Corporation had granted a total of 4.7 million service-based, performance-based and market-based RSUs, of which 3.6 million RSUs were either forfeited or settled. As a counterparty to the remaining outstanding RSUs, ESH REIT is expected to issue and be compensated in cash for 1.1 million shares of Class B common stock of ESH REIT in future periods, assuming market-based awards vest at 100% and no forfeitures. RSU activity, all of which relates to awards with service vesting conditions, during the years ended December 31, 2019, 2018 and 2017, was as follows: Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value Outstanding at January 1, 2017 28 $ 14.57 Granted 26 $ 17.56 Settled (15) $ 13.66 Forfeited — $ — Outstanding at December 31, 2017 39 $ 16.91 Granted 28 $ 19.48 Settled (34) $ 17.32 Forfeited — $ — Outstanding at December 31, 2018 33 $ 18.68 Granted 31 $ 17.32 Settled (33) $ 18.68 Forfeited — $ — Outstanding at December 31, 2019 31 $ 17.32 Vested at December 31, 2019 — $ — Nonvested at December 31, 2019 31 $ 17.32 Vested at December 31, 2018 — $ — Nonvested at December 31, 2018 33 $ 18.68

Defined Contribution Benefit Pl

Defined Contribution Benefit Plans	12 Months Ended
	Dec. 31, 2019
Retirement Benefits [Abstract]
Defined Contribution Benefit Plans	DEFINED CONTRIBUTION BENEFIT PLANS ESA Management has a savings plan that qualifies under Section 401(k) of the Code for all employees meeting the eligibility requirements of the plan. The plan has an employer-matching contribution of 50% of the first 6% of an employee’s contribution, which vests over an employee’s initial three ESA Management has a non-qualified deferred compensation plan to allow certain eligible employees an option to defer a portion of their compensation on a tax-deferred basis. The plan has an employer-matching contribution of 50% of the first 6% three

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS As of December 31, 2019 and 2018, investment funds and affiliates of Paulson & Co. Inc., a member of the Company’s former ownership group, held 7,036 shares of the Corporation’s outstanding mandatorily redeemable preferred stock. During 2017, the Corporation repurchased 14,069 manditorily redeemable preferred shares from investment funds and affiliates of Centerbridge Partners, L.P. and The Blackstone Group L.P., each also members of the Company’s former ownership group, at par value, or $14.1 million. As of December 31, 2019 and 2018, the outstanding balance owed by ESH REIT to the Corporation under the Unsecured Intercompany Facility was $0. ESH REIT is able to borrow under the Unsecured Intercompany Facility up to $300.0 million, plus additional amounts, in each case, subject to certain conditions. The outstanding debt balance and interest expense owed by ESH REIT to the Corporation related to this facility eliminate in consolidation (see Note 7).

Related Party Transactions - RE

Related Party Transactions - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Related Party Transactions	RELATED PARTY TRANSACTIONS As of December 31, 2019 and 2018, investment funds and affiliates of Paulson & Co. Inc., a member of the Company’s former ownership group, held 7,036 shares of the Corporation’s outstanding mandatorily redeemable preferred stock. During 2017, the Corporation repurchased 14,069 manditorily redeemable preferred shares from investment funds and affiliates of Centerbridge Partners, L.P. and The Blackstone Group L.P., each also members of the Company’s former ownership group, at par value, or $14.1 million. As of December 31, 2019 and 2018, the outstanding balance owed by ESH REIT to the Corporation under the Unsecured Intercompany Facility was $0. ESH REIT is able to borrow under the Unsecured Intercompany Facility up to $300.0 million, plus additional amounts, in each case, subject to certain conditions. The outstanding debt balance and interest expense owed by ESH REIT to the Corporation related to this facility eliminate in consolidation (see Note 7).
ESH Hospitality, Inc.
Entity Information [Line Items]
Related Party Transactions	RELATED PARTY TRANSACTIONS Revenues and Overhead Expenses Leases and Rental Revenues —All revenues are generated as a result of, and earned from, leases with related parties. From May 1, 2017 through December 31, 2019, ESH REIT’s revenues were derived from three leases. Prior to the sale of its Canadian hotels in May 2017, revenues were derived from four leases. The counterparty to each lease agreement is a subsidiary of the Corporation. ESH REIT's fixed and variable rental revenues for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Years Ending December 31, 2019 2018 2017 Fixed rental revenues $ 472,523 $ 450,277 $ 461,162 Variable rental revenues (1) 177,375 217,151 222,338 ______________________ (1) Regardless of whether cash rental payments are received, ESH REIT only recognizes revenue when a lessee's revenue exceeds specific thresholds stated in the lease. Each lease agreement, which had an initial term that expired in October 2018, was renewed effective November 1, 2018, for a five five Years Ending December 31, 2020 $ 466,586 2021 478,567 2022 490,566 2023 418,795 2024 — Total $ 1,854,514 Overhead Expenses— A subsidiary of the Corporation incurs costs under a services agreement with the Corporation and ESH REIT for certain overhead services performed on the entities’ behalf. The services relate to executive management, accounting, financial analysis, training and technology. For the years ended December 31, 2019, 2018 and 2017, ESH REIT incurred $9.9 million, $9.8 million and $8.5 million, respectively, related to this agreement, which is included in general and administrative expenses in the accompanying consolidated statements of operations. The expenses ESH REIT incurred under this services agreement include expenses related to certain employees that participate in the Corporation’s long-term incentive plan (as described in Note 14). Such charges were $0.9 million, $0.9 million and $1.1 million for the years ended December 31, 2019, 2018 and 2017, respectively. Debt and Equity Transactions Share Repurchases —During the year ended December 31, 2017, ESH REIT repurchased and retired 2.0 million Class B common shares from investment funds and affiliates of Paulson & Co. Inc., Centerbridge Partners, L.P. and The Blackstone Group L.P., each members of ESH REIT’s former ownership group, for $12.2 million. These shares were purchased in connection with secondary offerings consummated during the year ended December 31, 2017 and pursuant to, and counted toward, the combined Paired Share repurchase program (see Note 11). Unsecured Intercompany Facility —As of December 31, 2019 and 2018, there were no outstanding balances owed by ESH REIT to the Corporation under the Unsecured Intercompany Facility. No interest expense related to the Unsecured Intercompany Facility was incurred during the years ended December 31, 2019 and 2018. During the year ended December 31, 2017, ESH REIT incurred $2.4 million in interest expense related to the Unsecured Intercompany Facility. ESH REIT is able to borrow under the Unsecured Intercompany Facility up to $300.0 million, plus additional amounts, in each case, subject to certain conditions (see Note 7). Distributions— During the years ended December 31, 2019, 2018 and 2017, ESH REIT paid distributions of $137.8 million, $157.8 million, and $132.8 million, respectively, to the Corporation in respect of the Class A common stock of ESH REIT. Issuance of Common Stock— During the year ended December 31, 2019, 2018 and 2017, ESH REIT was compensated $1.4 million, $2.6 million, and $1.9 million, respectively, for the issuance of 0.2 million, 0.4 million, and 0.3 million Class B common stock, each of which was attached to a share of Corporation common stock to form a Paired Share, used to settle vested equity-based awards. As of December 31, 2019, approximately 83,000 equity-based awards issued by the Corporation have vested but have not been settled, for which ESH REIT has recognized a receivable of $0.3 million, which is included as a component of due to Extended Stay America, Inc., net on the accompanying consolidated balance sheets. In March 2020, in accordance with the awards’ settlement provisions, ESH REIT expects to issue and be compensated for the issuance of the corresponding shares of Class B common stock, each of which will be attached to a share of common stock of the Corporation to form a Paired Share. As of December 31, 2018, approximately 89,000 equity-based awards issued by the Corporation had vested but had not been settled, for which ESH REIT had recognized a receivable of $0.4 million, which is included as a component of due to Extended Stay America, Inc. on the accompanying consolidated balance sheets. In March 2019, in accordance with the awards’ settlement provisions, ESH REIT issued and was compensated for the issuance of the corresponding shares of Class B common stock, each of which was attached to a share of common stock of the Corporation to form a Paired Share. Related Party Transaction Balances Related party transaction balances as of December 31, 2019 and 2018, include the following (in thousands): December 31, 2019 December 31, 2018 Leases: Rents receivable (1) $ 1,572 $ 4,098 Deferred rents receivable (2) $ 28,917 $ 8,637 Unearned rental revenues (1) $ (38,770) $ (37,506) Working capital and other: Ordinary working capital (3) $ (12,160) $ (12,581) Equity awards receivable (4) 322 404 Total working capital and other, net (5) $ (11,838) $ (12,177) ______________________ (1) Rents receivable relate to percentage rents. As of December 31, 2019 and 2018, unearned rental revenues relate to January 2020 and 2019 fixed minimum rent, respectively. (2) Revenues recognized in excess of cash rents received. (3) Disbursements and/or receipts made by the Corporation or ESH REIT on the other entity’s behalf and amounts payable/receivable for certain transactions between the Corporation and ESH REIT. Includes overhead costs incurred by the Corporation on ESH REIT’s behalf. (4) Amounts related to restricted stock units not yet settled or issued. (5) Outstanding balances are typically repaid within 30 days.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS On February 26, 2020, the Board of Directors of the Corporation declared a cash distribution of $0.09 per share for the fourth quarter of 2019 on its common stock. This distribution is payable on March 26, 2020 to shareholders of record as of March 12, 2020. Also on February 26, 2020, the Board of Directors of ESH REIT declared a cash distribution of $0.14 per share for the fourth quarter of 2019 on its Class A and Class B common stock. This distribution is also payable on March 26, 2020 to shareholders of record as of March 12, 2020. Subsequent to December 31, 2019, the Corporation and ESH REIT repurchased and retired their respective portion of 2.2 million Paired Shares for $19.8 million and $11.3 million, including transaction fees, respectively. As of February 21, 2020, $101.1 million remained available under the combined Paired Share repurchase program.

Subsequent Events - REIT

Subsequent Events - REIT	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Subsequent Events	SUBSEQUENT EVENTS On February 26, 2020, the Board of Directors of the Corporation declared a cash distribution of $0.09 per share for the fourth quarter of 2019 on its common stock. This distribution is payable on March 26, 2020 to shareholders of record as of March 12, 2020. Also on February 26, 2020, the Board of Directors of ESH REIT declared a cash distribution of $0.14 per share for the fourth quarter of 2019 on its Class A and Class B common stock. This distribution is also payable on March 26, 2020 to shareholders of record as of March 12, 2020. Subsequent to December 31, 2019, the Corporation and ESH REIT repurchased and retired their respective portion of 2.2 million Paired Shares for $19.8 million and $11.3 million, including transaction fees, respectively. As of February 21, 2020, $101.1 million remained available under the combined Paired Share repurchase program.
ESH Hospitality, Inc.
Entity Information [Line Items]
Subsequent Events	SUBSEQUENT EVENTS On February 26, 2020, the Board of Directors of ESH REIT declared a cash distribution of $0.14 per share for the fourth quarter of 2019 on its Class A and Class B common stock. The distribution is payable on March 26, 2020 to shareholders of record as of March 12, 2020. Subsequent to December 31, 2019, ESH REIT repurchased and retired 2.2 million ESH REIT Class B common shares for $11.3 million, including transaction fees. As of February 21, 2020, $101.1 million remained available under the combined Paired Share repurchase program.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III-Real Estate and Accumulated Depreciation	Extended Stay America, Inc. and Subsidiaries and ESH Hospitality, Inc. and Subsidiaries Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2019 (dollars in thousands) Cost Capitalized Subsequent to Gross Amount Carried at Close of Initial Cost Acquisition (1) Period December 31, 2019 Description Location Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Total (2) Accumulated Depreciation Date Acquired Date of Construction Depreciable Hotel Properties: Anchorage - Downtown Anchorage, AK (4) $ 723 $ 8,791 $ 137 $ — $ 102 $ 921 $ 1,235 $ — $ 825 $ 9,712 $ 1,372 $ — $ 11,909 $ (3,727) 10/8/2010 2003 43 Anchorage - Midtown Anchorage, AK (4) 2,600 20,740 240 — 103 1,024 1,624 — 2,703 21,764 1,864 — 26,331 (6,768) 10/8/2010 2004 45 Fairbanks - Old Airport Way Fairbanks, AK (4) 2,978 12,016 98 — 163 995 1,112 — 3,141 13,011 1,210 — 17,362 (4,634) 10/8/2010 2001 40 Juneau - Shell Simmons Drive Juneau, AK (4) 2,979 12,135 132 — 99 894 1,085 — 3,078 13,029 1,217 — 17,324 (4,361) 10/8/2010 2001 41 Birmingham - Inverness Birmingham, AL (4) 359 688 33 — 35 560 994 — 394 1,248 1,027 — 2,669 (1,132) 10/8/2010 1996 26 Birmingham - Perimeter Park South Birmingham, AL (4) 1,737 3,218 53 — 92 930 1,265 — 1,829 4,148 1,318 — 7,295 (2,178) 10/8/2010 1998 33 Birmingham - Wildwood Birmingham, AL (4) 385 1,890 33 — 124 478 1,122 — 509 2,368 1,155 — 4,032 (1,640) 10/8/2010 1996 26 Phoenix - Chandler - Downtown Chandler, AZ (4) — — — — 3,436 11,141 1,763 — 3,436 11,141 1,763 — 16,340 (75) 12/16/2019 2019 40 Huntsville - U.S. Space and Rocket Center Huntsville, AL (4) 770 5,385 39 — 78 757 982 — 848 6,142 1,021 — 8,011 (2,580) 10/8/2010 1997 32 Mobile - Spring Hill Mobile, AL (4) 1,185 7,479 41 — 93 846 1,206 — 1,278 8,325 1,247 — 10,850 (3,447) 10/8/2010 1997 32 Montgomery - Carmichael Rd. Montgomery, AL (4) 1,045 — 35 — 117 467 976 — 1,162 467 1,011 — 2,640 (1,040) 10/8/2010 1996 — Montgomery - Eastern Blvd. Montgomery, AL (4) 600 4,231 44 — 93 516 1,153 — 693 4,747 1,197 — 6,637 (2,422) 10/8/2010 1997 32 Little Rock - Financial Centre Parkway Little Rock, AR (4) 1,630 2,916 46 — 94 1,068 1,357 — 1,724 3,984 1,403 — 7,111 (2,276) 10/8/2010 1996 31 Little Rock - West Little Rock Little Rock, AR (4) 1,708 1,931 39 — 60 706 1,174 — 1,768 2,637 1,213 — 5,618 (1,897) 10/8/2010 1997 27 Fayetteville - Springdale Springdale, AR (4) 1,460 — 55 — 132 719 1,037 — 1,592 719 1,092 — 3,403 (1,383) 10/8/2010 2001 (6) Phoenix - Mesa Mesa, AZ (4) 1,098 2,347 38 — 87 910 1,195 — 1,185 3,257 1,233 — 5,675 (1,902) 10/8/2010 1997 37 Phoenix - Mesa - West Mesa, AZ (4) 1,305 2,589 44 — 89 1,084 1,272 — 1,394 3,673 1,316 — 6,383 (2,082) 10/8/2010 1997 32 Phoenix - Peoria Peoria, AZ (4) 1,229 3,741 38 — 51 488 964 — 1,280 4,229 1,002 — 6,511 (1,984) 10/8/2010 1998 39 Phoenix - Airport Phoenix, AZ (4) 1,764 408 38 — 61 650 1,039 — 1,825 1,058 1,077 — 3,960 (1,322) 10/8/2010 1998 40 Phoenix - Airport - E. Oak St. Phoenix, AZ (4) 1,623 1,109 57 — 145 1,130 1,805 — 1,768 2,239 1,862 — 5,869 (1,954) 10/8/2010 1997 36 Phoenix - Biltmore Phoenix, AZ (4) 1,191 1,372 50 — 116 724 1,389 — 1,307 2,096 1,439 — 4,842 (2,023) 10/8/2010 1997 37 Phoenix - Deer Valley Phoenix, AZ (4) 945 2,092 39 — 61 574 1,096 — 1,006 2,666 1,135 — 4,807 (1,791) 10/8/2010 1998 38 Phoenix - Midtown Phoenix, AZ (4) 1,195 3,918 59 — 186 1,282 1,779 — 1,381 5,200 1,838 — 8,419 (2,947) 10/8/2010 1998 39 Phoenix - Scottsdale Scottsdale, AZ (4) 1,655 3,691 46 — 143 669 1,354 — 1,798 4,360 1,400 — 7,558 (2,454) 10/8/2010 1997 37 Phoenix - Scottsdale - North Scottsdale, AZ (4) 1,476 4,266 43 — 55 834 1,059 — 1,531 5,100 1,102 — 7,733 (2,477) 10/8/2010 1997 32 Phoenix - Scottsdale - Old Town Scottsdale, AZ (4) 1,605 2,564 43 — 144 1,136 1,487 — 1,749 3,700 1,530 — 6,979 (2,393) 10/8/2010 1995 30 Phoenix - Airport - Tempe Tempe, AZ (4) 1,228 3,249 46 — 139 720 1,369 — 1,367 3,969 1,415 — 6,751 (2,175) 10/8/2010 1999 39 Tucson - Grant Road Tucson, AZ (4) 1,780 5,364 43 — 78 909 1,222 — 1,858 6,273 1,265 — 9,396 (2,899) 10/8/2010 1997 32 Oakland - Alameda Alameda, CA (4) 5,165 9,134 57 — 145 1,005 3,465 — 5,310 10,139 3,522 — 18,971 (3,728) 10/8/2010 2000 40 Oakland - Alameda Airport Alameda, CA (4) 3,197 3,067 55 — 54 782 1,639 — 3,251 3,849 1,694 — 8,794 (2,250) 10/8/2010 1999 40 San Jose - Santa Clara Alviso, CA (4) 5,036 2,681 64 — 118 668 1,215 — 5,154 3,349 1,279 — 9,782 (1,852) 10/8/2010 2001 41 Orange County - Anaheim Convention Center Anaheim, CA (4) 4,439 3,574 73 — 127 1,083 1,405 — 4,566 4,657 1,478 — 10,701 (2,560) 10/8/2010 2001 41 Orange County - Anaheim Hills Anaheim, CA (4) 4,779 2,040 98 — 46 855 1,262 — 4,825 2,895 1,360 — 9,080 (1,872) 10/8/2010 2002 42 Los Angeles - Arcadia Arcadia, CA (4) 4,577 3,647 45 — 240 941 1,378 — 4,817 4,588 1,423 — 10,828 (2,511) 10/8/2010 1998 38 Bakersfield - California Avenue Bakersfield, CA (4) 1,186 2,153 43 — 256 865 1,219 — 1,442 3,018 1,262 — 5,722 (2,094) 10/8/2010 1996 31 Bakersfield - Chester Lane Bakersfield, CA (4) 1,002 4,514 142 — 63 485 818 — 1,065 4,999 960 — 7,024 (2,188) 10/8/2010 2005 45 San Francisco - Belmont Belmont, CA (4) 2,910 7,236 103 — 61 1,689 1,925 — 2,971 8,925 2,028 — 13,924 (2,457) 10/8/2010 2003 43 Orange County - Brea Brea, CA (4) 5,199 4,778 50 — 130 1,219 1,654 — 5,329 5,997 1,704 — 13,030 (3,424) 10/8/2010 1998 33 Los Angeles - Burbank Airport Burbank, CA (4) 6,120 9,690 106 — 89 1,036 1,959 — 6,209 10,726 2,065 — 19,000 (4,174) 10/8/2010 2001 41 San Diego - Carlsbad Village by the Sea Carlsbad, CA (4) 4,783 7,618 96 — 136 752 1,192 — 4,919 8,370 1,288 — 14,577 (3,246) 10/8/2010 2002 42 Los Angeles - Carson Carson, CA (4) 5,430 2,173 138 — 268 537 1,096 — 5,698 2,710 1,234 — 9,642 (1,836) 10/8/2010 2004 44 Los Angeles - Chino Valley Chino, CA (4) 1,288 3,297 108 — 75 669 1,191 — 1,363 3,966 1,299 — 6,628 (2,061) 10/8/2010 2004 44 Orange County - Cypress Cypress, CA (4) 5,543 4,484 59 — 147 830 1,376 — 5,690 5,314 1,435 — 12,439 (2,798) 10/8/2010 1998 38 Dublin - Hacienda Dr. Dublin, CA (4) 3,377 4,243 52 — 86 779 1,492 — 3,463 5,022 1,544 — 10,029 (2,360) 10/8/2010 2000 40 Los Angeles - LAX Airport - El Segundo El Segundo, CA (4) 9,922 5,598 68 — 181 1,144 2,123 — 10,103 6,742 2,191 — 19,036 (3,752) 10/8/2010 1998 33 Sacramento - Elk Grove Elk Grove, CA (4) 941 2,290 89 — 66 548 954 — 1,007 2,838 1,043 — 4,888 (1,606) 10/8/2010 2003 43 Fairfield - Napa Valley Fairfield, CA (4) 1,490 6,066 135 — 143 542 895 — 1,633 6,608 1,030 — 9,271 (2,503) 10/8/2010 2004 44 Fremont - Fremont Blvd. South Fremont, CA (4) 2,928 5,364 56 — 140 1,313 1,696 — 3,068 6,677 1,752 — 11,497 (3,134) 10/8/2010 1999 39 Fremont - Newark Fremont, CA (4) 7,370 6,048 101 — 498 1,898 6,239 — 7,868 7,946 6,340 — 22,154 (4,262) 10/8/2010 1999 41 Extended Stay America, Inc. and Subsidiaries and ESH Hospitality, Inc. and Subsidiaries Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2019 (continued) (dollars in thousands) Cost Capitalized Subsequent to Gross Amount Carried at Close of Initial Cost Acquisition (1) Period December 31, 2019 Description Location Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Total (2) Accumulated Depreciation Date Acquired Date of Construction Depreciable Fremont - Warm Springs Fremont, CA (4) 5,114 1,271 58 — 79 683 1,209 — 5,193 1,954 1,267 — 8,414 (1,489) 10/8/2010 2001 41 Fresno - North Fresno, CA (4) 1,988 6,753 43 — 126 737 1,019 — 2,114 7,490 1,062 — 10,666 (3,089) 10/8/2010 1997 32 Los Angeles - South Gardena, CA (4) 3,977 3,909 51 — 91 709 1,321 — 4,068 4,618 1,372 — 10,058 (2,881) 10/8/2010 1998 28 Los Angeles - Glendale Glendale, CA (4) 4,689 5,746 55 — 46 675 1,251 — 4,735 6,421 1,306 — 12,462 (2,807) 10/8/2010 1999 39 Orange County - Huntington Beach Huntington Beach, CA (4) 4,499 5,131 38 — 80 816 1,057 — 4,579 5,947 1,095 — 11,621 (2,672) 10/8/2010 1998 38 Orange County - Irvine Spectrum Irvine, CA (4) 7,355 5,703 54 — 240 899 1,587 — 7,595 6,602 1,641 — 15,838 (3,644) 10/8/2010 1997 32 Los Angeles - La Mirada La Mirada, CA (4) 3,681 2,557 39 — 36 972 1,175 — 3,717 3,529 1,214 — 8,460 (2,002) 10/8/2010 1998 38 Orange County - Lake Forest Lake Forest, CA (4) 5,530 2,182 43 — 100 830 1,109 — 5,630 3,012 1,152 — 9,794 (1,852) 10/8/2010 1997 37 Livermore - Airway Blvd. Livermore, CA (4) 2,553 3,576 44 — 65 878 1,222 — 2,618 4,454 1,266 — 8,338 (2,334) 10/8/2010 1998 38 Los Angeles - Long Beach Airport Long Beach, CA (4) 5,626 6,872 47 — 120 895 1,217 — 5,746 7,767 1,264 — 14,777 (3,204) 10/8/2010 1997 37 Los Angeles - LAX Airport Los Angeles, CA (4) 4,770 7,879 56 — 66 995 1,739 — 4,836 8,874 1,795 — 15,505 (3,707) 10/8/2010 1999 39 San Jose - Milpitas Milpitas, CA (4) 6,602 4,064 51 — 335 1,080 1,580 — 6,937 5,144 1,631 — 13,712 (2,668) 10/8/2010 1998 38 San Jose - Milpitas - McCarthy Ranch Milpitas, CA (4) 6,844 7,392 57 — 146 1,765 4,563 — 6,990 9,157 4,620 — 20,767 (4,589) 10/8/2010 1997 32 Los Angeles - Monrovia Monrovia, CA (4) 3,884 4,929 57 — 118 1,101 1,477 — 4,002 6,030 1,534 — 11,566 (2,916) 10/8/2010 1998 38 San Jose - Morgan Hill Morgan Hill, CA (4) 4,283 2,018 36 — 104 828 1,124 — 4,387 2,846 1,160 — 8,393 (1,798) 10/8/2010 1998 38 San Jose - Mountain View Mountain View, CA (4) 6,657 4,458 47 — 133 909 3,313 — 6,790 5,367 3,360 — 15,517 (2,835) 10/8/2010 1997 32 Orange County - John Wayne Airport Newport Beach, CA (4) 6,881 10,663 98 — 78 1,290 1,393 — 6,959 11,953 1,491 — 20,403 (4,389) 10/8/2010 2001 41 Los Angeles - Northridge Northridge, CA (4) 5,167 5,391 163 — 108 646 1,347 — 5,275 6,037 1,510 — 12,822 (2,642) 10/8/2010 2005 45 Oakland - Emeryville Oakland, CA (4) 3,927 9,132 117 — 562 735 1,646 — 4,489 9,867 1,763 — 16,119 (3,874) 10/8/2010 2001 41 San Diego - Oceanside Oceanside, CA (4) 4,271 5,999 43 — 134 779 1,338 — 4,405 6,778 1,381 — 12,564 (2,897) 10/8/2010 1999 39 Los Angeles - Ontario Airport Ontario, CA (4) 1,639 6,138 46 — 141 1,298 1,216 — 1,780 7,436 1,262 — 10,478 (2,867) 10/8/2010 1997 37 Orange County - Katella Ave. Orange, CA (4) 3,976 5,704 74 — 71 1,054 1,401 — 4,047 6,758 1,475 — 12,280 (2,866) 10/8/2010 2001 41 Palm Springs - Airport Palm Springs, CA (4) 1,955 3,506 98 — 202 909 1,268 — 2,157 4,415 1,366 — 7,938 (2,133) 10/8/2010 2003 43 Pleasant Hill - Buskirk Ave. Pleasant Hill, CA (4) 3,786 7,754 44 — 108 852 1,710 — 3,894 8,606 1,754 — 14,254 (3,346) 10/8/2010 1997 37 Pleasanton - Chabot Dr. Pleasanton, CA (4) 3,039 5,910 55 — 101 1,060 1,492 — 3,140 6,970 1,547 — 11,657 (3,212) 10/8/2010 1998 38 Sacramento - White Rock Rd. Rancho Cordova, CA (4) 1,301 2,717 47 — 182 1,132 1,420 — 1,483 3,849 1,467 — 6,799 (2,444) 10/8/2010 1997 32 Richmond - Hilltop Mall Richmond, CA (4) 2,232 4,124 51 — 80 688 1,315 — 2,312 4,812 1,366 — 8,490 (2,205) 10/8/2010 2000 40 Sacramento - Roseville Roseville, CA (4) 1,125 5,233 45 — 121 754 1,049 — 1,246 5,987 1,094 — 8,327 (2,476) 10/8/2010 1998 38 Sacramento - Arden Way Sacramento, CA (4) 888 2,349 45 — 166 1,217 1,231 — 1,054 3,566 1,276 — 5,896 (2,097) 10/8/2010 1997 32 Sacramento - Northgate Sacramento, CA (4) 932 2,359 44 — 230 1,108 1,279 — 1,162 3,467 1,323 — 5,952 (2,105) 10/8/2010 1997 32 Sacramento - South Natomas Sacramento, CA (4) 1,460 823 51 — 139 1,123 1,584 — 1,599 1,946 1,635 — 5,180 (1,912) 10/8/2010 1998 33 San Francisco - San Carlos San Carlos, CA (4) 4,233 5,299 49 — 118 989 1,343 — 4,351 6,288 1,392 — 12,031 (3,042) 10/8/2010 1998 38 San Diego - Hotel Circle San Diego, CA (4) 6,893 9,935 68 — 424 1,258 1,817 — 7,317 11,193 1,885 — 20,395 (4,550) 10/8/2010 1999 39 San Diego - Mission Valley - Stadium San Diego, CA (4) 6,978 1,797 85 — 47 873 1,022 — 7,025 2,670 1,107 — 10,802 (1,727) 10/8/2010 2002 42 San Diego - Fashion Valley San Diego, CA (4) 5,371 5,639 49 — 181 1,182 1,821 — 5,552 6,821 1,870 — 14,243 (3,577) 10/8/2010 1997 32 Los Angeles - San Dimas San Dimas, CA (4) 4,736 991 42 — 77 744 1,077 — 4,813 1,735 1,119 — 7,667 (1,521) 10/8/2010 1999 39 San Jose - Airport San Jose, CA (4) 8,118 5,912 75 — 201 1,251 4,167 — 8,319 7,163 4,242 — 19,724 (3,463) 10/8/2010 2000 40 San Jose - Downtown San Jose, CA (4) 6,480 6,070 53 — 345 1,414 1,830 — 6,825 7,484 1,883 — 16,192 (3,570) 10/8/2010 1998 38 San Jose - Edenvale - North San Jose, CA (4) 5,087 3,649 56 — 70 910 1,317 — 5,157 4,559 1,373 — 11,089 (2,289) 10/8/2010 2000 40 San Jose - Edenvale - South San Jose, CA (4) 5,359 3,832 83 — 118 865 1,604 — 5,477 4,697 1,687 — 11,861 (2,663) 10/8/2010 2000 41 San Francisco - San Mateo - SFO San Mateo, CA (4) 7,369 6,704 50 — 146 1,042 3,578 — 7,515 7,746 3,628 — 18,889 (3,485) 10/8/2010 1997 32 San Rafael - Francisco Blvd. East San Rafael, CA (4) 3,129 13,822 378 — 104 674 1,234 — 3,233 14,496 1,612 — 19,341 (4,704) 10/8/2010 2007 47 San Ramon - Bishop Ranch - East San Ramon, CA (4) 3,721 5,226 59 — 129 1,836 2,062 — 3,850 7,062 2,121 — 13,033 (2,102) 10/8/2010 2000 40 San Ramon - Bishop Ranch - West San Ramon, CA (4) 3,098 2,886 55 — 107 789 1,480 — 3,205 3,675 1,535 — 8,415 (2,687) 10/8/2010 1998 33 Santa Barbara - Calle Real Santa Barbara, CA (4) 3,301 8,709 41 — 110 789 1,384 — 3,411 9,498 1,425 — 14,334 (3,378) 10/8/2010 1998 38 Santa Rosa - North Santa Rosa, CA (4) 3,053 6,086 46 — 70 567 937 — 3,123 6,653 983 — 10,759 (2,400) 10/8/2010 2000 40 Santa Rosa - South Santa Rosa, CA (4) 1,592 4,998 41 — 160 844 1,225 — 1,752 5,842 1,266 — 8,860 (2,679) 10/8/2010 1997 32 Los Angeles - Simi Valley Simi Valley, CA (4) 3,088 7,175 113 — 188 672 1,128 — 3,276 7,847 1,241 — 12,364 (3,110) 10/8/2010 2004 44 Extended Stay America, Inc. and Subsidiaries and ESH Hospitality, Inc. and Subsidiaries Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2019 (continued) (dollars in thousands) Cost Capitalized Subsequent to Gross Amount Carried at Close of Depreciable Initial Cost Acquisition (1) Period December 31, 2019 Description Location Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Total (2) Accumulated Depreciation Date Acquired Date of Construction San Diego - Sorrento Mesa San Diego, CA (4) 6,441 6,020 49 — 184 832 1,327 — 6,625 6,852 1,376 — 14,853 (3,485) 10/8/2010 1998 33 Los Angeles - Valencia Stevenson Ranch, CA (4) 9,414 — 20 — 116 1,095 1,190 — 9,530 1,095 1,210 — 11,835 (1,267) 10/8/2010 2000 (6) Stockton - March Lane Stockton, CA (4) 2,299 3,558 55 — 117 487 1,008 — 2,416 4,045 1,063 — 7,524 (1,854) 10/8/2010 2001 41 San Jose - Sunnyvale Sunnyvale, CA (4) 6,051 5,019 50 — 193 1,454 1,583 — 6,244 6,473 1,633 — 14,350 (3,313) 10/8/2010 1997 32 Temecula - Wine Country Temecula, CA (4) 1,489 8,153 79 — 95 681 1,290 — 1,584 8,834 1,369 — 11,787 (3,280) 10/8/2010 2002 42 Los Angeles - Torrance - Del Amo Circle Torrance, CA (4) 5,953 4,361 78 — 97 795 1,397 — 6,050 5,156 1,475 — 12,681 (2,888) 10/8/2010 1999 39 Los Angeles - Torrance Blvd. Torrance, CA (4) 3,761 6,296 43 — 68 1,132 1,228 — 3,829 7,428 1,271 — 12,528 (2,964) 10/8/2010 1997 37 Los Angeles - Torrance Harbor Gateway Torrance, CA (4) 4,625 4,747 49 — 153 735 1,054 — 4,778 5,482 1,103 — 11,363 (2,475) 10/8/2010 1999 39 Stockton - Tracy Tracy, CA (4) 2,344 3,434 96 — 102 527 932 — 2,446 3,961 1,028 — 7,435 (1,956) 10/8/2010 2003 43 Union City - Dyer St. Union City, CA (4) 2,907 6,359 51 — 205 1,998 2,037 — 3,112 8,357 2,088 — 13,557 (2,461) 10/8/2010 1999 39 Sacramento - Vacaville Vacaville, CA (4) 809 3,179 76 — 96 795 1,104 — 905 3,974 1,180 — 6,059 (2,007) 10/8/2010 2002 42 Sacramento - West Sacramento West Sacramento, CA (4) 1,292 3,395 134 — 84 436 1,066 — 1,376 3,831 1,200 — 6,407 (1,973) 10/8/2010 2004 44 Los Angeles - Woodland Hills Woodland Hills, CA (4) 5,452 7,561 69 — 120 1,106 2,301 — 5,572 8,667 2,370 — 16,609 (3,989) 10/8/2010 2000 40 Orange County - Yorba Linda Yorba Linda, CA (4) 3,443 2,020 106 — 56 598 1,070 — 3,499 2,618 1,176 — 7,293 (1,747) 10/8/2010 2003 43 Denver - Aurora South Aurora, CO (4) 2,415 2,958 48 — 266 1,183 1,513 — 2,681 4,141 1,561 — 8,383 (2,515) 10/8/2010 1996 31 Denver - Aurora North Aurora, CO (4) 2,706 6,047 65 — 118 1,607 1,701 — 2,824 7,654 1,766 — 12,244 (3,507) 10/8/2010 1997 39 Colorado Springs - West Colorado Springs, CO (4) 3,338 1,325 41 — 136 561 919 — 3,474 1,886 960 — 6,320 (1,296) 10/8/2010 1998 39 Denver - Tech Center South Englewood, CO (4) 1,714 978 46 — 161 595 1,041 — 1,875 1,573 1,087 — 4,535 (1,178) 10/8/2010 1998 40 Denver - Tech Center South - Inverness Englewood, CO (4) 2,941 1,340 46 — 249 1,442 1,325 — 3,190 2,782 1,371 — 7,343 (1,894) 10/8/2010 1997 32 Denver - Cherry Creek Glendale, CO (4) 1,856 2,713 40 — 184 1,012 1,408 — 2,040 3,725 1,448 — 7,213 (2,454) 10/8/2010 1997 32 Denver - Tech Center - Central Greenwood Village, CO (4) 2,392 1,286 51 — 206 1,466 1,718 — 2,598 2,752 1,769 — 7,119 (2,570) 10/8/2010 1997 34 Denver - Tech Center South - Greenwood Village Greenwood Village, CO (4) 1,767 2,278 110 — 174 858 1,267 — 1,941 3,136 1,377 — 6,454 (1,891) 10/8/2010 2003 44 Denver - Lakewood South Lakewood, CO (4) 2,338 3,348 43 — 168 922 1,368 — 2,506 4,270 1,411 — 8,187 (2,550) 10/8/2010 1996 31 Denver - Park Meadows Lone Tree, CO (4) 1,578 3,467 78 — 148 690 1,057 — 1,726 4,157 1,135 — 7,018 (2,157) 10/8/2010 2002 42 Denver - Westminster Westminster, CO (4) 2,779 4,683 49 — 365 725 1,102 — 3,144 5,408 1,151 — 9,703 (2,356) 10/8/2010 2000 40 Hartford - Farmington Farmington, CT (4) 1,080 6,003 65 — 76 622 977 — 1,156 6,625 1,042 — 8,823 (2,446) 10/8/2010 1998 39 Hartford - Manchester Manchester, CT (4) 1,002 6,723 67 — 88 714 1,013 — 1,090 7,437 1,080 — 9,607 (2,999) 10/8/2010 2001 41 Hartford - Meriden Meriden, CT (4) 687 6,207 81 — 133 551 1,073 — 820 6,758 1,154 — 8,732 (2,773) 10/8/2010 2002 42 Norwalk - Stamford Norwalk, CT (4) 2,866 12,533 64 — 114 1,052 1,805 — 2,980 13,585 1,869 — 18,434 (4,826) 10/8/2010 1999 39 Shelton - Fairfield County Shelton, CT (4) 2,001 11,314 60 — 120 1,194 1,578 — 2,121 12,508 1,638 — 16,267 (4,706) 10/8/2010 1998 38 Newark - Christiana - Wilmington Newark, DE (4) 1,473 7,617 61 — 158 1,146 1,445 — 1,631 8,763 1,506 — 11,900 (3,659) 10/8/2010 1998 38 Orlando - Altamonte Springs Altamonte Springs, FL (4) 5,421 — 25 — 88 900 1,383 — 5,509 900 1,408 — 7,817 (1,363) 10/8/2010 1998 (6) Boca Raton - Commerce Boca Raton, FL (4) 5,920 3,219 56 — 141 1,407 1,360 — 6,061 4,626 1,416 — 12,103 (2,770) 10/8/2010 1998 33 Tampa - Brandon Brandon, FL (4) 3,709 3,540 696 — 239 990 1,008 — 3,948 4,530 1,704 — 10,182 (3,437) 12/13/2012 1997 26 St. Petersburg - Clearwater - Executive Dr. Clearwater, FL (4) 1,951 3,062 39 — 60 630 985 — 2,011 3,692 1,024 — 6,727 (1,968) 10/8/2010 1998 38 Clearwater - Carillon Park Clearwater, FL (4) 1,679 2,926 489 — 162 1,063 1,029 — 1,841 3,989 1,518 — 7,348 (2,968) 12/13/2012 1997 22 Fort Lauderdale - Davie Davie, FL (4) 5,014 3,117 492 — 217 1,102 1,258 — 5,231 4,219 1,750 — 11,200 (2,838) 12/13/2012 1997 23 Daytona Beach - International Speedway Daytona Beach, FL (4) 987 3,972 45 — 100 483 1,261 — 1,087 4,455 1,306 — 6,848 (1,938) 10/8/2010 1998 41 Fort Lauderdale - Deerfield Beach Deerfield Beach, FL (4) 2,885 3,421 38 — 169 643 1,678 — 3,054 4,064 1,716 — 8,834 (2,106) 10/8/2010 1997 37 Destin - US 98 - Emerald Coast Pkwy. Destin, FL (4) 1,149 2,528 96 — 125 1,653 931 — 1,274 4,181 1,027 — 6,482 (2,341) 10/8/2010 2001 48 Extended Stay America, Inc. and Subsidiaries and ESH Hospitality, Inc. and Subsidiaries Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2019 (continued) (dollars in thousands) Cost Capitalized Subsequent to Gross Amount Carried at Close of Depreciable Lives (Years) (3) Initial Cost Acquisition (1) Period December 31, 2019 Description Location Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Total (2) Accumulated Depreciation Date Acquired Date of Construction Fort Lauderdale - Convention Center - Cruise Port Fort Lauderdale, FL (4) 3,441 7,008 71 — 86 1,034 2,122 — 3,527 8,042 2,193 — 13,762 (3,402) 10/8/2010 1999 39 Fort Lauderdale - Cypress Creek - Andrews Ave. Fort Lauderdale, FL (4) 2,761 2,685 41 — 155 687 1,267 — 2,916 3,372 1,308 — 7,596 (2,032) 10/8/2010 1998 33 Fort Lauderdale - Cypress Creek - NW 6th Way Fort Lauderdale, FL (4) 2,480 751 62 — 87 839 1,139 — 2,567 1,590 1,201 — 5,358 (1,372) 10/8/2010 1999 42 Fort Lauderdale - Plantation Fort Lauderdale, FL (4) 6,352 2,252 61 — 196 828 1,878 — 6,548 3,080 1,939 — 11,567 (1,714) 10/8/2010 2000 40 Gainesville - I-75 Gainesville, FL (4) 846 6,416 44 — 59 778 1,080 — 905 7,194 1,124 — 9,223 (2,957) 10/8/2010 1997 32 Tampa – Gibsonton – Riverview Gibsonton, FL (4) — — — — 2,984 7,568 1,548 — 2,984 7,568 1,548 — 12,100 (59) 12/10/2019 2019 40 Jacksonville - Baymeadows Jacksonville, FL (4) 1,163 2,662 48 — 96 912 1,526 — 1,259 3,574 1,574 — 6,407 (2,025) 10/8/2010 1998 38 Jacksonville - Lenoir Avenue East Jacksonville, FL (4) 969 1,057 63 — 82 685 1,206 — 1,051 1,742 1,269 — 4,062 (1,494) 10/8/2010 1997 37 Jacksonville - Deerwood Park Jacksonville, FL (4) 943 3,910 66 — 161 1,137 1,872 — 1,104 5,047 1,938 — 8,089 (2,637) 10/8/2010 1999 40 Jacksonville - Lenoir Avenue South Jacksonville, FL (4) 842 1,862 47 — 71 567 1,011 — 913 2,429 1,058 — 4,400 (1,338) 10/8/2010 1998 44 Jacksonville - Riverwalk - Convention Center Jacksonville, FL (4) 593 3,693 52 — 113 749 1,025 — 706 4,442 1,077 — 6,225 (2,258) 10/8/2010 2000 40 Jacksonville - Salisbury Rd. - Southpoint Jacksonville, FL (4) 727 720 52 — 131 2,120 1,336 — 858 2,840 1,388 — 5,086 (2,451) 10/8/2010 1999 39 Jacksonville - Southside - St. Johns Towne Ctr. Jacksonville, FL (4) 925 2,679 47 — 141 1,297 1,500 — 1,066 3,976 1,547 — 6,589 (2,112) 10/8/2010 1997 32 Lakeland - I-4 Lakeland, FL (4) 1,121 8,036 843 — 12 135 127 — 1,133 8,171 970 — 10,274 (75) 11/12/2019 2007 44 Orlando - Lake Mary - 1036 Greenwood Blvd Lake Mary, FL (4) 2,229 — 19 — 61 575 928 — 2,290 575 947 — 3,812 (963) 10/8/2010 2000 (6) Orlando - Lake Mary - 1040 Greenwood Blvd Lake Mary, FL (4) 2,685 — 25 — 120 941 1,218 — 2,805 941 1,243 — 4,989 (1,222) 10/8/2010 1998 (6) Melbourne - Airport Melbourne, FL (4) 1,423 4,160 53 — 127 607 1,054 — 1,550 4,767 1,107 — 7,424 (2,075) 10/8/2010 1998 39 Miami - Airport - Blue Lagoon Miami, FL (4) 9,702 4,910 70 — 109 1,411 2,576 — 9,811 6,321 2,646 — 18,778 (3,491) 10/8/2010 1998 33 Miami - Airport - Doral Miami, FL (4) 10,164 4,188 1,131 — 437 1,360 1,837 — 10,601 5,548 2,968 — 19,117 (4,003) 12/13/2012 1997 26 Miami - Airport - Doral - 87th Avenue South Miami, FL (4) 4,451 7,542 92 — 67 972 1,876 — 4,518 8,514 1,968 — 15,000 (3,222) 10/8/2010 2001 41 Miami - Airport - Doral - 25th Street Miami, FL (4) 4,135 5,307 125 — 79 957 2,176 — 4,214 6,264 2,301 — 12,779 (2,977) 10/8/2010 2002 42 Miami - Airport - Miami Springs Miami, FL (4) 8,014 3,657 71 — 103 2,787 2,082 — 8,117 6,444 2,153 — 16,714 (3,465) 10/8/2010 1998 40 Miami - Downtown Brickell - Cruise Port Miami, FL (4) 3,323 7,312 85 — 106 1,073 1,983 — 3,429 8,385 2,068 — 13,882 (3,402) 10/8/2010 2001 41 Miami - Coral Gables Miami, FL (4) 2,866 7,211 76 — 84 917 2,030 — 2,950 8,128 2,106 — 13,184 (3,279) 10/8/2010 2001 41 Orlando - Convention Center - 6443 Westwood Orlando, FL (4) 2,472 2,071 68 — 117 851 1,282 — 2,589 2,922 1,350 — 6,861 (2,246) 10/8/2010 1999 43 Orlando - Convention Center - Universal Blvd. Orlando, FL (4) 3,326 3,097 58 — 197 1,029 1,801 — 3,523 4,126 1,859 — 9,508 (3,141) 10/8/2010 1998 38 Orlando - Convention Ctr - Sports Complex Orlando, FL (4) 2,767 1,466 43 — 111 860 1,185 — 2,878 2,326 1,228 — 6,432 (1,923) 10/8/2010 1997 37 Orlando - Lake Buena Vista Orlando, FL (4) 4,137 — 30 — 191 1,060 1,828 — 4,328 1,060 1,858 — 7,246 (2,299) 10/8/2010 1998 (6) Orlando - Maitland - 1776 Pembrook Dr. Orlando, FL (4) 2,103 807 74 — 57 554 1,029 — 2,160 1,361 1,103 — 4,624 (1,239) 10/8/2010 2000 45 Orlando - Maitland - Summit Tower Blvd Orlando, FL (4) 3,577 — 65 — 126 1,033 1,619 — 3,703 1,033 1,684 — 6,420 (1,529) 10/8/2010 1998 (6) Orlando - Maitland - 1760 Pembrook Dr. Orlando, FL (4) 2,133 1,347 41 — 49 511 963 — 2,182 1,858 1,004 — 5,044 (1,323) 10/8/2010 1999 39 Orlando - Southpark - Commodity Circle Orlando, FL (4) 3,483 2,051 64 — 128 1,009 1,674 — 3,611 3,060 1,738 — 8,409 (2,381) 10/8/2010 1999 40 Orlando - Southpark - Equity Row Orlando, FL (4) 2,854 432 49 — 92 856 1,493 — 2,946 1,288 1,542 — 5,776 (1,597) 10/8/2010 1998 38 Orlando - Orlando Theme Parks - Vineland Rd. Orlando, FL (4) 2,813 2,874 66 — 128 629 1,253 — 2,941 3,503 1,319 — 7,763 (2,222) 10/8/2010 1998 42 Orlando - Orlando Theme Parks - Major Blvd. Orlando, FL (4) 3,349 3,190 52 — 153 784 1,256 — 3,502 3,974 1,308 — 8,784 (2,356) 10/8/2010 1999 39 Pensacola - University Mall Pensacola, FL (4) 934 4,059 38 — 70 581 1,062 — 1,004 4,640 1,100 — 6,744 (2,135) 10/8/2010 1997 37 Fort Lauderdale - Cypress Creek - Park North Pompano Beach, FL (4) 3,567 2,828 65 — 153 2,064 2,945 — 3,720 4,892 3,010 — 11,622 (3,320) 10/8/2010 1998 38 Tallahassee - Killearn Tallahassee, FL (4) 356 1,769 29 — 88 1,080 846 — 444 2,849 875 — 4,168 (1,554) 10/8/2010 1998 28 Extended Stay America, Inc. and Subsidiaries and ESH Hospitality, Inc. and Subsidiaries Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2019 (continued) (dollars in thousands) Cost Capitalized Subsequent to Gross Amount Carried at Close of Depreciable Initial Cost Acquisition (1) Period December 31, 2019 Description Location Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Total (2) Accumulated Depreciation Date Acquired Date of Construction Fort Lauderdale - Tamarac Tamarac, FL (4) 3,709 3,054 712 — 152 1,736 1,139 — 3,861 4,790 1,851 — 10,502 (3,383) 12/13/2012 1997 21 Tampa - Airport - Memorial Hwy. Tampa, FL (4) 2,513 1,342 69 — 161 673 1,259 — 2,674 2,015 1,328 — 6,017 (1,792) 10/8/2010 1999 42 Tampa - Airport - N. Westshore Blvd. Tampa, FL (4) 2,564 3,918 64 — 115 1,401 1,779 — 2,679 5,319 1,843 — 9,841 (3,098) 10/8/2010 1998 38 Tampa - Airport - Spruce Street Tampa, FL (4) 2,437 3,066 102 — 75 577 976 — 2,512 3,643 1,078 — 7,233 (1,874) 10/8/2010 2003 43 Tampa - North - USF - Attractions Tampa, FL (4) 2,028 845 37 — 172 718 1,171 — 2,200 1,563 1,208 — 4,971 (1,370) 10/8/2010 1997 37 Tampa - North Airport Tampa, FL (4) 1,294 2,236 490 — 154 991 1,053 — 1,448 3,227 1,543 — 6,218 (2,615) 12/13/2012 1997 20 West Palm Beach - Northpoint Corporate Park West Palm Beach, FL (4) 2,723 3,326 49 — 93 500 1,069 — 2,816 3,826 1,118 — 7,760 (1,822) 10/8/2010 1998 38 Atlanta - Alpharetta - Northpoint - East Alpharetta, GA (4) 717 591 42 — 125 824 1,463 — 842 1,415 1,505 — 3,762 (1,481) 10/8/2010 1997 27 Atlanta - Alpharetta - Northpoint - West Alpharetta, GA (4) 1,218 1,673 58 — 118 782 1,335 — 1,336 2,455 1,393 — 5,184 (1,721) 10/8/2010 1999 42 Atlanta - Alpharetta - Rock Mill Rd. Alpharetta, GA (4) 1,391 1,101 40 — 51 554 821 — 1,442 1,655 861 — 3,958 (1,298) 10/8/2010 1999 39 Atlanta - Clairmont Atlanta, GA (4) 1,142 3,284 40 — 92 644 970 — 1,234 3,928 1,010 — 6,172 (2,019) 10/8/2010 1998 38 Atlanta - Buckhead Atlanta, GA (4) 1,183 4,086 42 — 96 816 1,332 — 1,279 4,902 1,374 — 7,555 (2,395) 10/8/2010 1997 37 Atlanta - Marietta - Interstate N. Pkwy Atlanta, GA (4) 1,766 3,023 72 — 90 1,032 1,345 — 1,856 4,055 1,417 — 7,328 (1,993) 10/8/2010 1999 41 Atlanta - Marietta - Wildwood Atlanta, GA (4) 852 2,881 40 — 86 752 1,049 — 938 3,633 1,089 — 5,660 (2,009) 10/8/2010 1996 36 Atlanta - Perimeter - Hammond Drive Atlanta, GA (4) 1,921 3,398 45 — 215 845 1,319 — 2,136 4,243 1,364 — 7,743 (2,478) 10/8/2010 1997 32 Atlanta - Perimeter - Crestline Atlanta, GA (4) 1,562 1,581 46 — 83 566 1,131 — 1,645 2,147 1,177 — 4,969 (1,568) 10/8/2010 2000 40 Atlanta - Perimeter - Peachtree Dunwoody Atlanta, GA (4) 1,203 2,928 44 — 135 775 1,133 — 1,338 3,703 1,177 — 6,218 (2,038) 10/8/2010 1997 37 Atlanta - Vinings Atlanta, GA (4) 1,924 5,785 57 — 87 794 1,314 — 2,011 6,579 1,371 — 9,961 (2,680) 10/8/2010 1997 40 Atlanta - Duluth Duluth, GA (4) 1,177 1,252 61 — 74 564 743 — 1,251 1,816 804 — 3,871 (1,046) 10/8/2010 1997 49 Atlanta - Gwinnett Place Duluth, GA (4) 1,269 3,234 48 — 375 1,128 1,352 — 1,644 4,362 1,400 — 7,406 (2,295) 10/8/2010 1990 30 Atlanta - Kennesaw Chastain Rd. Kennesaw, GA (4) 1,092 1,560 38 — 105 610 1,391 — 1,197 2,170 1,429 — 4,796 (1,658) 10/8/2010 1997 27 Atlanta - Kennesaw Town Center Kennesaw, GA (4) 1,122 2,213 38 — 75 698 1,009 — 1,197 2,911 1,047 — 5,155 (1,560) 10/8/2010 1998 38 Atlanta - Marietta - Powers Ferry Rd. Marietta, GA (4) 2,718 1,891 58 — 52 932 1,401 — 2,770 2,823 1,459 — 7,052 (1,931) 10/8/2010 1998 38 Atlanta - Marietta - Windy Hill Marietta, GA (4) 1,645 2,192 41 — (104) 865 1,100 — 1,541 3,057 1,141 — 5,739 (1,635) 10/8/2010 1998 39 Atlanta - Morrow Morrow, GA (4) 1,713 2,276 41 — 94 687 1,044 — 1,807 2,963 1,085 — 5,855 (1,533) 10/8/2010 1998 39 Atlanta - Peachtree Corners Norcross, GA (4) 1,256 — 19 — 112 629 1,047 — 1,368 629 1,066 — 3,063 (906) 10/8/2010 1997 (6) Savannah - Midtown Savannah, GA (4) 564 5,079 66 — 66 520 1,093 — 630 5,599 1,159 — 7,388 (2,430) 10/8/2010 2001 41 Atlanta - Cumberland Mall Smyrna, GA (4) 1,631 2,038 45 — 85 1,011 1,195 — 1,716 3,049 1,240 — 6,005 (1,905) 10/8/2010 1997 32 Des Moines - Urbandale Urbandale, IA (4) 1,119 2,684 41 — 130 639 879 — 1,249 3,323 920 — 5,492 (1,754) 10/8/2010 1999 39 Des Moines - West Des Moines West Des Moines, IA (4) 1,089 2,742 39 — 121 856 1,184 — 1,210 3,598 1,223 — 6,031 (2,452) 10/8/2010 1997 27 Boise - Airport Boise, ID (4) 862 1,647 39 — 84 933 1,125 — 946 2,580 1,164 — 4,690 (1,528) 10/8/2010 1997 37 Chicago - Midway Bedford Park, IL (4) 2,028 2,261 130 — 105 769 1,140 — 2,133 3,030 1,270 — 6,433 (2,130) 10/8/2010 2003 43 Bloomington - Normal Bloomington, IL (4) 941 3,404 61 — 64 586 931 — 1,005 3,990 992 — 5,987 (1,763) 10/8/2010 2001 41 Chicago - Buffalo Grove - Deerfield Buffalo Grove, IL (4) 2,264 4,986 44 — 77 904 1,107 — 2,341 5,890 1,151 — 9,382 (2,691) 10/8/2010 1998 38 Chicago - Burr Ridge Burr Ridge, IL (4) 2,033 4,406 43 — 125 1,024 1,118 — 2,158 5,430 1,161 — 8,749 (2,620) 10/8/2010 1996 36 Champaign - Urbana Champaign, IL (4) 1,221 4,043 35 — 89 508 772 — 1,310 4,551 807 — 6,668 (1,757) 10/8/2010 1998 38 Chicago - Darien Darien, IL (4) 1,754 4,286 42 — 129 698 938 — 1,883 4,984 980 — 7,847 (2,240) 10/8/2010 1999 39 Chicago - O'Hare Des Plaines, IL (4) 1,946 3,737 44 — 151 1,048 1,220 — 2,097 4,785 1,264 — 8,146 (2,446) 10/8/2010 1998 38 Chicago - O'Hare - Allstate Arena Des Plaines, IL (4) 2,122 1,434 71 — 97 841 1,114 — 2,219 2,275 1,185 — 5,679 (1,614) 10/8/2010 1999 40 Chicago - Downers Grove Downers Grove, IL (4) 2,592 3,321 53 — 150 1,688 1,687 — 2,742 5,009 1,740 — 9,491 (3,098) 10/8/2010 1996 36 Extended Stay America, Inc. and Subsidiaries and ESH Hospitality, Inc. and Subsidiaries Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2019 (continued) (dollars in thousands) Cost Capitalized Subsequent to Gross Amount Carried at Close of Depreciable Initial Cost Acquisition (1) Period December 31, 2019 Description Location Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Land and Improvements Building and Improvements FF&E Development in Process Total (2) Accumulated Depreciation Date Acquired Date of Construction Chicago - Elmhurst - O'Hare Elmhurst, IL (4) 1,728 2,769 42 — 131 632 1,035 — 1,859 3,401 1,077 — 6,337 (1,885) 10/8/2010 1997 37 Chicago - Gurnee Gurnee, IL (4) 1,557 2,759 37 — 161 816 1,094 — 1,718 3,575 1,131 — 6,424 (1,959) 10/8/2010 1997 37 Chicago - Hanover Park Hanover Park, IL (4) 4,217 1,081 38 — 62 722 810 — 4,279 1,803 848 — 6,930 (1,423) 10/8/2010 1999 39 Chicago - Hillside Hillside, IL (4) 1,661 1,134 49 — 101 792 1,156 — 1,762 1,926 1,205 — 4,893 (1,836) 10/8/2010 1999 39 Chicago - Itasca Itasca, IL (4) 1,419 2,764 46 — 120 807 1,107 — 1,539 3,571 1,153 — 6,263 (1,896) 10/8/2010 1996 36 Chicago - Lansing Lansing, IL (4) 1,778 2,39

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates —The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents —The Company considers all cash on hand, demand deposits with financial institutions, credit card receivables, and short-term, highly liquid investments with original maturities of three months or less to be cash
Restricted Cash	Restricted Cash —Restricted cash consists of deposits held for insurance collateral.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts—Accounts receivable consists of receivables due from corporate customers and third-party internet intermediaries with respect to owned hotels, as well as royalty and other receivables due from franchisees. A provision for doubtful accounts is made when collection is considered doubtful. Balances are considered past due when payment is not received by the contractual due date. When management determines that accounts receivable are uncollectible, they are written off against the allowance for doubtful accounts.
Property Acquisitions	Property Acquisitions—Identifiable net assets and liabilities acquired in an asset acquisition are recorded at cost, allocated based on their relative fair values on the date of acquisition. Identifiable net assets and liabilities acquired in a business combination are recorded based on their fair value on the date of acquisition. The fair value of acquired land, site improvements, building and improvements and furniture, fixtures and equipment are determined on an “if-vacant” basis considering a variety of factors, including the physical condition and quality of the hotels, estimated rates and valuation assumptions consistent with current market conditions, independent appraisals and other relevant market data obtained in connection with the acquisition of the hotels. Results of operations of acquired hotel properties are included in the accompanying consolidated statements of operations since their dates of acquisition.
Property and Equipment	Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, the Company may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5). Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. ESH REIT reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets or asset groups with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset or group of assets for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties (grouped under ESH REIT’s leases) to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, ESH REIT may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5).
Intangible Assets	Intangible Assets —Intangible assets include trademarks, corporate customer relationships and licenses related to certain internal-use software. Corporate customer relationships and software licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships is 20 years, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks and licenses related to software
Goodwill	Goodwill—Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. The Company tests goodwill for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with our franchise and management segment. Management analyzes goodwill associated with all owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount.
Assets Held For Sale	Assets Held For Sale—The Company classifies assets as held for sale when management commits to a formal plan to sell the assets, actively seeks a buyer for the assets and the consummation of a sale is considered probable and is expected within one year. The Company takes into consideration when determining whether the consummation of a sale is probable the following criteria: (i) whether a purchase and sale agreement has been executed, (ii) whether the buyer has a significant non-refundable deposit at risk and (iii) whether significant financing contingencies exist. Upon designating an asset as held for sale, the Company stops recognizing depreciation expense and records the asset at the lower of its carrying value, including allocable goodwill, or its estimated fair value less estimated costs to sell. Any such adjustment to the carrying value is recognized as an impairment charge.
Discontinued Operations	Discontinued Operations—The Company classifies hotel properties sold or held for sale as discontinued operations when the disposal represents a strategic shift that has (or will have) a major effect on its operations and financial results, which would require separate presentation on the consolidated balance sheets and statements of operations.
Deferred Financing Costs	Deferred Financing Costs—Costs incurred in obtaining financing are amortized over the terms of the related loans on a straight-line basis, which approximates the effective interest method. Deferred financing costs are presented in the accompanying consolidated balance sheets as a direct deduction of the carrying amount of the related debt liability, except those incurred under a revolving-debt arrangement, which are presented as a component of other assets. Upon repayment, or in conjunction with a material change in the terms of the underlying debt agreement, remaining unamortized costs are written off as a component of net interest expense. Amortization of deferred financing costs is also included as a component of net interest expense (see Note 7).
Revenue Recognition	Revenue Generated from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, grab and go breakfast, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue Generated from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to management and franchise agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system services fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly.
Advertising Costs	Advertising Costs—Advertising costs are expensed as incurred.
Fair Value of Financial Instruments	Fair Value of Financial Instruments —U.S. GAAP establishes a three-level valuation hierarchy based upon observable and unobservable inputs for fair value measurement of financial instruments: Level 1 —Observable inputs, such as quoted prices in active markets at the measurement date for identical assets or liabilities Level 2 —Significant inputs that are observable, directly or indirectly, such as other quoted prices in markets that are not active or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability Level 3 —Significant unobservable inputs for which there is little to no market data and for which the Company makes its own assumptions about how market participants would price the asset or liability Fair value is defined as the price that would be received when selling an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., exit price). In instances where inputs used to measure fair value fall into different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement in its entirety has been determined is based on the lowest-level input significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The Company’s financial instruments consist of cash and cash equivalents, restricted cash, accounts receivable, certain other assets (deposits), accounts payable and accrued liabilities, term loans, senior notes, mandatorily redeemable preferred stock and revolving credit facilities. The carrying values of cash and cash equivalents, restricted cash, accounts receivable, certain other assets, accounts payable and accrued liabilities and revolving credit facilities are representative of their fair values due to the short-term nature or frequent settlement of these instruments. The fair values of term loans, senior notes and mandatorily redeemable preferred stock are determined by comparing current borrowing rates and risk spreads offered in the market to the stated interest rates and spreads on the Company’s instruments or from quoted market prices, when available (see Note 7).
Derivative Instruments	Derivative Instruments —The Company from time to time uses derivative instruments to manage its exposure to interest rate and commodity price risks. The Company’s primary objective in holding derivatives is to reduce the volatility of cash flows and earnings associated with changes in interest rates and commodity prices. The Company’s derivatives expose it to credit risk to the extent that counterparties may be unable to meet the terms of the agreement. The Company seeks to mitigate such risks by limiting its counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored. Management does not expect material losses as a result of defaults by counterparties. Derivative instruments, including derivative instruments embedded in other contracts, are recorded in the accompanying consolidated balance sheets as either assets or liabilities measured at fair value, unless the transactions qualify and are designated as normal purchases and sales. Changes in fair value are recognized currently in earnings unless specific hedge accounting criteria are met (see Note 8). The Company does not enter into derivative instruments for trading or speculative purposes.
Insurance Reserves	Insurance Reserves—The Company utilizes various insurance programs for workers’ compensation, general liability and health insurance claims. Retained losses require estimates in determining the liability for claims arising under these programs. Workers’ compensation, general liability and health insurance liabilities are estimated using actuarial evaluations based on historical and projected claims and medical and other cost trends.
Investments	Investments —The Company consolidates a subsidiary when it has the ability to direct the activities that most significantly impact the economic performance of the subsidiary. Judgment is required with respect to the consolidation of investments, including partnership and joint venture entities, in terms of the evaluation of control, including assessment of the importance of rights and privileges of the partners based on voting rights, as well as financial interests that are not controllable through voting interests. Third party equity interests in consolidated subsidiaries are presented as noncontrolling interests. If a subsidiary, affiliate or other entity is a variable interest entity ("VIE"), it is subject to the consolidation framework specifically for VIEs. The Company considers an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. In accordance with Financial Accounting Standards Board (“FASB”) ASC 810, Consolidations , the Company reviews subsidiaries and affiliates, as well as other entities, to determine if (i) they should be considered VIEs, and (ii) whether their consolidation determinations should change based on changes in their characteristics.
Income Taxes	Income Taxes —The Corporation’s taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its ownership of approximately 58% of ESH REIT. As a result, approximately 58% of ESH REIT’s distributions are subject to corporate income tax. The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. ESH REIT’s deferred tax rates are adjusted to reflect expected future distributions and the deduction allowed upon distribution. The Corporation’s deferred tax assets and liabilities include the estimated impact of the future reversal of ESH REIT’s deferred tax assets and liabilities which affect future dividend income to be recognized by the Corporation upon distribution. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under provisions of the Internal Revenue Code, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding capital gains, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017, ESH REIT distributed approximately 100% of its taxable income and, as a result, incurred minimal current federal income tax. In the future, ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. ESH REIT will incur federal and state income tax at statutory rates if its taxable income is not distributed. Accordingly, ESH REIT expects to distribute approximately 100% of its taxable income for the foreseeable future.
Foreign Currency	Foreign Currency—The Company sold its three Extended Stay Canada-branded hotels in 2017. Prior to completion of the sale, the financial statements of the Company’s Canadian subsidiaries and its investments therein were maintained in their functional currency, the Canadian dollar, and their revenues and expenses were translated into U.S. dollars using the average exchange rate for the period. The assets and liabilities of these subsidiaries were translated into U.S. dollars using the exchange rate in effect at the balance sheet date.
Comprehensive Income	Comprehensive Income —Comprehensive income includes net income and other comprehensive income, which consists of foreign currency translation adjustments and interest rate cash flow hedge adjustments. Comprehensive income is presented in the accompanying consolidated statements of comprehensive income. Foreign currency translation adjustments and interest rate cash flow hedge adjustments are presented as separate components of consolidated equity.
Equity-Based Compensation	Equity-Based Compensation— The Corporation and ESH REIT each maintain a Long-Term Incentive Plan (“LTIP”), as amended and restated in 2015, approved by their shareholders. Under the LTIPs, the Corporation and ESH REIT may issue to eligible employees or directors equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The Company recognizes costs related to equity-based awards over their vesting periods. The issuing entity classifies equity-based awards granted in exchange for employee or director services as either equity awards or as liability awards. The classification of an award either as an equity award or a liability award is generally based upon cash settlement options. Equity awards are measured based on their fair value on the date of grant. Liability awards are re-measured to fair value each reporting period. The value of all awards is recognized over the requisite service period, which is the period during which an employee or director is required to provide services in exchange for the award (usually the vesting period). No compensation expense is recognized for awards for which employees or directors do not render the requisite services. All awards granted are classified as equity awards, except those equity-based awards issued by ESH REIT to its directors, which are classified as liability awards at the Corporation.
Segments	Segments —The Company has two reportable operating segments based on the manner in which it evaluates its business: (i) owned hotels and (ii) franchise and management. The Company assesses the performance of these segments on an individual basis (see Note 9).
Recently Issued Accounting Standards	Recently Issued Accounting Standards Fair Value Measurement— In August 2018, the FASB issued an accounting standards update which modifies the disclosure requirements for fair value measurements in Topic 820, Fair Value Measurement . The Company adopted this update on January 1, 2020. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Intangibles-Goodwill and Other—Internal-Use Software— In August 2018, the FASB issued an accounting standards update which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. The Company adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Compensation—Stock Compensation— In June 2018, the FASB issued an accounting standards update which expands the scope of Topic 718, Stock Compensation, to include share-based payments granted to non-employees in exchange for goods or services. The new guidance simplifies the accounting for share-based payments granted to non-employees for goods or services by aligning it with the accounting for share-based payments granted to employees, with certain exceptions. Under the new guidance, non-employee share-based payment awards included within the scope of Topic 718 will be measured at the grant-date fair value of the equity instruments. In addition, classification of non-employee share-based payment awards will be subject to the requirements of Topic 718 unless modified after the good has been delivered and/or the service has been rendered and any other conditions necessary to earn the right to benefit from the instruments have been satisfied. This approach will eliminate the requirement to reassess classification of such awards upon vesting. The Company adopted this update on January 1, 2019, using a retrospective method. The adoption of this update did not have a material effect on the Company’s consolidated financial statements. Comprehensive Income— In February 2018, the FASB issued an accounting standards update that allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the TCJA. The Company adopted this update on January 1, 2019, using a retrospective method. The adoption of this update did not have a material effect on the Company’s consolidated financial statements. Goodwill— In January 2017, the FASB issued an accounting standards update in which the guidance on testing for goodwill was updated to eliminate Step 2 in the determination on whether goodwill should be considered impaired. Annual and/ or interim assessments are still required. The Company adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Financial Instruments—Credit Losses— In June 2016, the FASB issued an accounting standards update which requires the measurement of an impairment allowance for certain financial assets based on a company’s current estimate of all contractual cash flows it does not expect to collect. The new standard will primarily impact the manner in which the Company estimates its allowance for uncollectible trade receivables. The standard requires the Company to measure its allowance for doubtful accounts based on current conditions, historical experience and reasonable and supportable forecasts for each pool of receivables with similar risk characteristics. The Company adopted this update on January 1, 2020, using a modified retrospective method. The adoption of this update did not have a material effect on the Company's consolidated financial statements and had no effect on or impact to retained earnings. Leases —ASC 842, Leases , introduced a lessee model that requires a right-of-use asset and lease obligation to be presented on the balance sheet for all leases, whether operating or financing. The Company adopted ASC 842 on January 1, 2019, using the modified retrospective approach with the Comparatives Under 840 Option, whereby the Company applied the standard at the beginning of the period of adoption and has presented financial information for periods prior to January 1, 2019 in accordance with prior guidance. Upon adoption, the Company elected practical expedients related to (i) the identification and classification of leases that commenced before the effective date, (ii) initial direct costs for leases that commenced before the effective date, (iii) the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset, (iv) land easements and (v) the evaluation of lease and non-lease components of a contract. Adoption had no cumulative effect on retained earnings. Adoption resulted in the recognition of operating lease right-of-use assets of $7.1 million as of January 1, 2019, which included adjustments for accrued lease payments, above-market lease liabilities and lease incentives, and liabilities of $14.5 million. Finance lease right-of-use assets and liabilities recognized as of January 1, 2019, included preexisting assets and liabilities of $3.8 million and $3.4 million, respectively, related to capital leases accounted for under prior guidance. Judgment was exercised in the application of ASC 842 with respect to the determination of whether a contract contains a lease. While the ability to control and direct the use of an identified asset indicates that the contract, or portion of a contract, is a lease, a counterparty’s substantive substitution rights typically provide evidence that a lessee does not control the asset. Judgment was also exercised with respect to the determination of the discount rate used to determine the present value of lease payments. In instances in which interest rates implicit in leases are not readily determinable, the Company uses its incremental borrowing rate. The substantial majority of widely available market maturities and asset-specific risk spreads may not match the underlying contract and, as such, borrowing rates and risk spreads are estimated based on the contract’s term, the counterparty’s security and other characteristics of the identified asset.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - REIT (Policies)	12 Months Ended
	Dec. 31, 2019
Use of Estimates	Use of Estimates —The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents —The Company considers all cash on hand, demand deposits with financial institutions, credit card receivables, and short-term, highly liquid investments with original maturities of three months or less to be cash
Property Acquisitions	Property Acquisitions—Identifiable net assets and liabilities acquired in an asset acquisition are recorded at cost, allocated based on their relative fair values on the date of acquisition. Identifiable net assets and liabilities acquired in a business combination are recorded based on their fair value on the date of acquisition. The fair value of acquired land, site improvements, building and improvements and furniture, fixtures and equipment are determined on an “if-vacant” basis considering a variety of factors, including the physical condition and quality of the hotels, estimated rates and valuation assumptions consistent with current market conditions, independent appraisals and other relevant market data obtained in connection with the acquisition of the hotels. Results of operations of acquired hotel properties are included in the accompanying consolidated statements of operations since their dates of acquisition.
Property and Equipment	Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, the Company may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5). Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. ESH REIT reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets or asset groups with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset or group of assets for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties (grouped under ESH REIT’s leases) to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, ESH REIT may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5).
Intangible Assets	Intangible Assets —Intangible assets include trademarks, corporate customer relationships and licenses related to certain internal-use software. Corporate customer relationships and software licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships is 20 years, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks and licenses related to software
Goodwill	Goodwill—Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. The Company tests goodwill for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with our franchise and management segment. Management analyzes goodwill associated with all owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount.
Assets Held For Sale	Assets Held For Sale—The Company classifies assets as held for sale when management commits to a formal plan to sell the assets, actively seeks a buyer for the assets and the consummation of a sale is considered probable and is expected within one year. The Company takes into consideration when determining whether the consummation of a sale is probable the following criteria: (i) whether a purchase and sale agreement has been executed, (ii) whether the buyer has a significant non-refundable deposit at risk and (iii) whether significant financing contingencies exist. Upon designating an asset as held for sale, the Company stops recognizing depreciation expense and records the asset at the lower of its carrying value, including allocable goodwill, or its estimated fair value less estimated costs to sell. Any such adjustment to the carrying value is recognized as an impairment charge.
Discontinued Operations	Discontinued Operations—The Company classifies hotel properties sold or held for sale as discontinued operations when the disposal represents a strategic shift that has (or will have) a major effect on its operations and financial results, which would require separate presentation on the consolidated balance sheets and statements of operations.
Deferred Financing Costs	Deferred Financing Costs—Costs incurred in obtaining financing are amortized over the terms of the related loans on a straight-line basis, which approximates the effective interest method. Deferred financing costs are presented in the accompanying consolidated balance sheets as a direct deduction of the carrying amount of the related debt liability, except those incurred under a revolving-debt arrangement, which are presented as a component of other assets. Upon repayment, or in conjunction with a material change in the terms of the underlying debt agreement, remaining unamortized costs are written off as a component of net interest expense. Amortization of deferred financing costs is also included as a component of net interest expense (see Note 7).
Revenue Recognition	Revenue Generated from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, grab and go breakfast, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue Generated from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to management and franchise agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system services fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly.
Fair Value of Financial Instruments	Fair Value of Financial Instruments —U.S. GAAP establishes a three-level valuation hierarchy based upon observable and unobservable inputs for fair value measurement of financial instruments: Level 1 —Observable inputs, such as quoted prices in active markets at the measurement date for identical assets or liabilities Level 2 —Significant inputs that are observable, directly or indirectly, such as other quoted prices in markets that are not active or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability Level 3 —Significant unobservable inputs for which there is little to no market data and for which the Company makes its own assumptions about how market participants would price the asset or liability Fair value is defined as the price that would be received when selling an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., exit price). In instances where inputs used to measure fair value fall into different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement in its entirety has been determined is based on the lowest-level input significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The Company’s financial instruments consist of cash and cash equivalents, restricted cash, accounts receivable, certain other assets (deposits), accounts payable and accrued liabilities, term loans, senior notes, mandatorily redeemable preferred stock and revolving credit facilities. The carrying values of cash and cash equivalents, restricted cash, accounts receivable, certain other assets, accounts payable and accrued liabilities and revolving credit facilities are representative of their fair values due to the short-term nature or frequent settlement of these instruments. The fair values of term loans, senior notes and mandatorily redeemable preferred stock are determined by comparing current borrowing rates and risk spreads offered in the market to the stated interest rates and spreads on the Company’s instruments or from quoted market prices, when available (see Note 7).
Derivative Instruments	Derivative Instruments —The Company from time to time uses derivative instruments to manage its exposure to interest rate and commodity price risks. The Company’s primary objective in holding derivatives is to reduce the volatility of cash flows and earnings associated with changes in interest rates and commodity prices. The Company’s derivatives expose it to credit risk to the extent that counterparties may be unable to meet the terms of the agreement. The Company seeks to mitigate such risks by limiting its counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored. Management does not expect material losses as a result of defaults by counterparties. Derivative instruments, including derivative instruments embedded in other contracts, are recorded in the accompanying consolidated balance sheets as either assets or liabilities measured at fair value, unless the transactions qualify and are designated as normal purchases and sales. Changes in fair value are recognized currently in earnings unless specific hedge accounting criteria are met (see Note 8). The Company does not enter into derivative instruments for trading or speculative purposes.
Investments	Investments —The Company consolidates a subsidiary when it has the ability to direct the activities that most significantly impact the economic performance of the subsidiary. Judgment is required with respect to the consolidation of investments, including partnership and joint venture entities, in terms of the evaluation of control, including assessment of the importance of rights and privileges of the partners based on voting rights, as well as financial interests that are not controllable through voting interests. Third party equity interests in consolidated subsidiaries are presented as noncontrolling interests. If a subsidiary, affiliate or other entity is a variable interest entity ("VIE"), it is subject to the consolidation framework specifically for VIEs. The Company considers an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. In accordance with Financial Accounting Standards Board (“FASB”) ASC 810, Consolidations , the Company reviews subsidiaries and affiliates, as well as other entities, to determine if (i) they should be considered VIEs, and (ii) whether their consolidation determinations should change based on changes in their characteristics.
Income Taxes	Income Taxes —The Corporation’s taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its ownership of approximately 58% of ESH REIT. As a result, approximately 58% of ESH REIT’s distributions are subject to corporate income tax. The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. ESH REIT’s deferred tax rates are adjusted to reflect expected future distributions and the deduction allowed upon distribution. The Corporation’s deferred tax assets and liabilities include the estimated impact of the future reversal of ESH REIT’s deferred tax assets and liabilities which affect future dividend income to be recognized by the Corporation upon distribution. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under provisions of the Internal Revenue Code, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding capital gains, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017, ESH REIT distributed approximately 100% of its taxable income and, as a result, incurred minimal current federal income tax. In the future, ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. ESH REIT will incur federal and state income tax at statutory rates if its taxable income is not distributed. Accordingly, ESH REIT expects to distribute approximately 100% of its taxable income for the foreseeable future.
Foreign Currency	Foreign Currency—The Company sold its three Extended Stay Canada-branded hotels in 2017. Prior to completion of the sale, the financial statements of the Company’s Canadian subsidiaries and its investments therein were maintained in their functional currency, the Canadian dollar, and their revenues and expenses were translated into U.S. dollars using the average exchange rate for the period. The assets and liabilities of these subsidiaries were translated into U.S. dollars using the exchange rate in effect at the balance sheet date.
Comprehensive Income	Comprehensive Income —Comprehensive income includes net income and other comprehensive income, which consists of foreign currency translation adjustments and interest rate cash flow hedge adjustments. Comprehensive income is presented in the accompanying consolidated statements of comprehensive income. Foreign currency translation adjustments and interest rate cash flow hedge adjustments are presented as separate components of consolidated equity.
Equity-Based Compensation	Equity-Based Compensation— The Corporation and ESH REIT each maintain a Long-Term Incentive Plan (“LTIP”), as amended and restated in 2015, approved by their shareholders. Under the LTIPs, the Corporation and ESH REIT may issue to eligible employees or directors equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The Company recognizes costs related to equity-based awards over their vesting periods. The issuing entity classifies equity-based awards granted in exchange for employee or director services as either equity awards or as liability awards. The classification of an award either as an equity award or a liability award is generally based upon cash settlement options. Equity awards are measured based on their fair value on the date of grant. Liability awards are re-measured to fair value each reporting period. The value of all awards is recognized over the requisite service period, which is the period during which an employee or director is required to provide services in exchange for the award (usually the vesting period). No compensation expense is recognized for awards for which employees or directors do not render the requisite services. All awards granted are classified as equity awards, except those equity-based awards issued by ESH REIT to its directors, which are classified as liability awards at the Corporation.
Segments	Segments —The Company has two reportable operating segments based on the manner in which it evaluates its business: (i) owned hotels and (ii) franchise and management. The Company assesses the performance of these segments on an individual basis (see Note 9).
Recently Issued Accounting Standards	Recently Issued Accounting Standards Fair Value Measurement— In August 2018, the FASB issued an accounting standards update which modifies the disclosure requirements for fair value measurements in Topic 820, Fair Value Measurement . The Company adopted this update on January 1, 2020. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Intangibles-Goodwill and Other—Internal-Use Software— In August 2018, the FASB issued an accounting standards update which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. The Company adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Compensation—Stock Compensation— In June 2018, the FASB issued an accounting standards update which expands the scope of Topic 718, Stock Compensation, to include share-based payments granted to non-employees in exchange for goods or services. The new guidance simplifies the accounting for share-based payments granted to non-employees for goods or services by aligning it with the accounting for share-based payments granted to employees, with certain exceptions. Under the new guidance, non-employee share-based payment awards included within the scope of Topic 718 will be measured at the grant-date fair value of the equity instruments. In addition, classification of non-employee share-based payment awards will be subject to the requirements of Topic 718 unless modified after the good has been delivered and/or the service has been rendered and any other conditions necessary to earn the right to benefit from the instruments have been satisfied. This approach will eliminate the requirement to reassess classification of such awards upon vesting. The Company adopted this update on January 1, 2019, using a retrospective method. The adoption of this update did not have a material effect on the Company’s consolidated financial statements. Comprehensive Income— In February 2018, the FASB issued an accounting standards update that allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the TCJA. The Company adopted this update on January 1, 2019, using a retrospective method. The adoption of this update did not have a material effect on the Company’s consolidated financial statements. Goodwill— In January 2017, the FASB issued an accounting standards update in which the guidance on testing for goodwill was updated to eliminate Step 2 in the determination on whether goodwill should be considered impaired. Annual and/ or interim assessments are still required. The Company adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on the Company's consolidated financial statements. Financial Instruments—Credit Losses— In June 2016, the FASB issued an accounting standards update which requires the measurement of an impairment allowance for certain financial assets based on a company’s current estimate of all contractual cash flows it does not expect to collect. The new standard will primarily impact the manner in which the Company estimates its allowance for uncollectible trade receivables. The standard requires the Company to measure its allowance for doubtful accounts based on current conditions, historical experience and reasonable and supportable forecasts for each pool of receivables with similar risk characteristics. The Company adopted this update on January 1, 2020, using a modified retrospective method. The adoption of this update did not have a material effect on the Company's consolidated financial statements and had no effect on or impact to retained earnings. Leases —ASC 842, Leases , introduced a lessee model that requires a right-of-use asset and lease obligation to be presented on the balance sheet for all leases, whether operating or financing. The Company adopted ASC 842 on January 1, 2019, using the modified retrospective approach with the Comparatives Under 840 Option, whereby the Company applied the standard at the beginning of the period of adoption and has presented financial information for periods prior to January 1, 2019 in accordance with prior guidance. Upon adoption, the Company elected practical expedients related to (i) the identification and classification of leases that commenced before the effective date, (ii) initial direct costs for leases that commenced before the effective date, (iii) the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset, (iv) land easements and (v) the evaluation of lease and non-lease components of a contract. Adoption had no cumulative effect on retained earnings. Adoption resulted in the recognition of operating lease right-of-use assets of $7.1 million as of January 1, 2019, which included adjustments for accrued lease payments, above-market lease liabilities and lease incentives, and liabilities of $14.5 million. Finance lease right-of-use assets and liabilities recognized as of January 1, 2019, included preexisting assets and liabilities of $3.8 million and $3.4 million, respectively, related to capital leases accounted for under prior guidance. Judgment was exercised in the application of ASC 842 with respect to the determination of whether a contract contains a lease. While the ability to control and direct the use of an identified asset indicates that the contract, or portion of a contract, is a lease, a counterparty’s substantive substitution rights typically provide evidence that a lessee does not control the asset. Judgment was also exercised with respect to the determination of the discount rate used to determine the present value of lease payments. In instances in which interest rates implicit in leases are not readily determinable, the Company uses its incremental borrowing rate. The substantial majority of widely available market maturities and asset-specific risk spreads may not match the underlying contract and, as such, borrowing rates and risk spreads are estimated based on the contract’s term, the counterparty’s security and other characteristics of the identified asset.
ESH Hospitality, Inc.
Use of Estimates	Use of Estimates —The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents —ESH REIT considers all cash on hand, demand deposits with financial institutions and short-term, highly liquid investments with original maturities of three months or less to be cash equivalents. ESH REIT has deposits in excess of $250,000 with financial institutions that are not insured by the Federal Deposit Insurance Corporation. ESH REIT does not believe cash and cash equivalents expose it to significant credit risk.
Property Acquisitions	Property Acquisitions —Identifiable net assets and liabilities acquired in an asset acquisition are recorded at cost, allocated based on their relative fair values on the date of acquisition. Identifiable net assets and liabilities acquired in a business combination are recorded based on their fair value on the date of acquisition. The fair value of acquired land, site improvements, building and improvements and furniture, fixtures and equipment are determined on an “if-vacant” basis considering a variety of factors, including the physical condition and quality of the hotels, estimated rates and valuation assumptions consistent with current market conditions, independent appraisals and other relevant market data obtained in connection with the acquisition of the hotels. Results of operations of acquired hotel properties are included in the accompanying consolidated statements of operations since their dates of acquisition. Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires judgment. ESH REIT reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets or asset groups with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, regulatory environment or primary use, including the evaluation of the asset or group of assets for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties (grouped under ESH REIT’s leases) to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; if this occurs, ESH REIT may recognize additional impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets (see Note 5).
Intangible Assets	Intangible Assets—Intangible assets include licenses related to certain internal-use software. Licenses are amortized using the straight-line method over their estimated useful life, which is the remaining non-cancellable term of each respective contract. Intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. ESH REIT tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of its reporting unit below its carrying amount.
Goodwill	Goodwill—Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of ESH REIT's predecessor in 2010. ESH REIT tests goodwill for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. ESH REIT has one operating segment, which is its reporting unit; therefore, management analyzes goodwill associated with all hotels when analyzing for potential impairment. ESH REIT first assesses qualitative factors to determine if it is more likely than not that the fair value of its reporting unit is less than its carrying amount.
Assets Held For Sale	Assets Held For Sale—ESH REIT classifies assets as held for sale when management commits to a formal plan to sell the assets, actively seeks a buyer for the assets and the consummation of a sale is considered probable and is expected within one year. ESH REIT takes into consideration when determining whether the consummation of a sale is probable the following criteria: (i) whether a purchase and sale agreement has been executed, (ii) whether the buyer has a significant non-refundable deposit at risk and (iii) whether significant financing contingencies exist. Upon designating an asset as held for sale, ESH REIT stops recognizing depreciation expense and records the asset at the lower of its carrying value, including allocable goodwill, or its estimated fair value less estimated costs to sell. Any such adjustment to the carrying value is recognized as an impairment charge.
Discontinued Operations	Discontinued Operations—ESH REIT classifies hotel properties sold or held for sale as discontinued operations when the disposal represents a strategic shift that has (or will have) a major effect on ESH REIT’s operations and financial results, which would require separate presentation on the consolidated balance sheets and statements of operations.
Deferred Financing Costs	Deferred Financing Costs —Costs incurred in obtaining financing are amortized over the terms of the related loans on a straight-line basis, which approximates the effective interest method. Deferred financing costs are presented in the
Revenue Recognition	Revenue Recognition —ESH REIT’s sole source of revenues is rental revenue derived from operating leases with subsidiaries of the Corporation (i.e., all revenues are generated from agreements with related parties (see Note 12)). Rental revenues are recorded on a straight-line basis as they are earned during the lease terms. Rents receivable from Extended Stay America, Inc. on the accompanying consolidated balance sheets represent monthly rental amounts contractually due. Deferred rents receivable from Extended Stay America, Inc. on the accompanying consolidated balance sheets represent the cumulative difference between straight-line rental revenues recognized and rental revenues contractually due. Lease rental payments received prior to rendering services are included in unearned rental revenues from Extended Stay America, Inc. on the accompanying consolidated balance sheets. Variable rental revenues, specifically percentage rental revenues related to hotel revenues of the Operating Lessees, are recognized when such amounts are fixed and determinable (i.e., only when percentage rental revenue thresholds have been achieved).
Fair Value of Financial Instruments	Fair Value of Financial Instruments —U.S. GAAP establishes a three-level valuation hierarchy based upon observable and unobservable inputs for fair value measurement of financial instruments: Level 1 —Observable inputs, such as quoted prices in active markets at the measurement date for identical assets or liabilities Level 2 —Significant inputs that are observable, directly or indirectly, such as other quoted prices in markets that are not active or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability Level 3 —Significant unobservable inputs for which there is little to no market data and for which ESH REIT makes its own assumptions about how market participants would price the asset or liability Fair value is defined as the price that would be received when selling an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., exit price). In instances where inputs used to measure fair value fall into different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement in its entirety has been determined is based on the lowest-level input significant to the fair value measurement. ESH REIT’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. ESH REIT’s financial instruments consist of cash and cash equivalents, certain other assets (deposits), accounts payable and accrued liabilities, intercompany and term loans, senior notes and its revolving credit facility. The carrying values of cash and cash equivalents, certain other assets (deposits), accounts payable and accrued liabilities and ESH REIT’s revolving credit facility are representative of their fair values due to the short-term nature or frequent settlement of these instruments. The fair values of intercompany and term loans and senior notes are determined by comparing current borrowing rates and risk spreads offered in the market to the stated interest rates and spreads on ESH REIT’s instruments or from quoted market prices, when available (see Note 7).
Derivative Instruments	Derivative Instruments —ESH REIT from time to time uses derivative instruments to manage its exposure to interest rate risks. ESH REIT’s primary objective in holding derivatives is to reduce the volatility of cash flows and earnings associated with changes in interest rates. ESH REIT’s derivatives expose it to credit risk to the extent that counterparties may be unable to meet the terms of the agreement. ESH REIT seeks to mitigate such risks by limiting its counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored. Management does not expect material losses as a result of defaults by counterparties. Derivative instruments, including derivative instruments embedded in other contracts, are recorded in the accompanying consolidated balance sheets as either assets or liabilities measured at fair value. Changes in fair value are recognized currently in earnings unless specific hedge accounting criteria are met (see Note 7). ESH REIT does not enter into derivative instruments for trading or speculative purposes.
Investments	Investments —ESH REIT consolidates a subsidiary when it has the ability to direct the activities that most significantly impact the economic performance of the subsidiary. Judgment is required with respect to the consolidation of investments, including partnership and joint venture entities, in terms of the evaluation of control, including assessment of the importance of rights and privileges of the partners based on voting rights, as well as financial interests that are not controllable through voting interests. If a subsidiary, affiliate or other entity is a variable interest entity ("VIE"), it is subject to the consolidation framework specifically for VIEs. ESH REIT considers an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. In accordance with Financial Accounting Standards Board (“FASB”) ASC 810, Consolidations , ESH REIT reviews subsidiaries and affiliates, as well as other entities, to determine if (i) they should be considered VIEs, and (ii) whether their consolidation determinations should change based on changes in their characteristics.
Income Taxes	Income Taxes —ESH REIT accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, ESH REIT determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. ESH REIT’s deferred tax rates are adjusted to reflect expected future distributions and the deduction allowed upon distribution. ESH REIT recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, ESH REIT considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies and results of recent operations. If ESH REIT determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, ESH REIT would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. ESH REIT records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) ESH REIT determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, ESH REIT recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under provisions of the Internal Revenue Code, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding capital gains, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. During the years ended December 31, 2019, 2018 and 2017, ESH REIT distributed approximately 100% of its taxable income and, as a result, incurred minimal current federal income tax. In the future, ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. ESH REIT will incur federal and state income tax at statutory rates if its taxable income is not distributed. Accordingly, ESH REIT expects to distribute approximately 100% of its taxable income for the foreseeable future.
Foreign Currency	Foreign Currency—ESH REIT sold its three Canadian hotels in 2017. Prior to completion of the sale, the financial statements of ESH REIT’s Canadian subsidiaries and its investments therein were maintained in their functional currency, the Canadian dollar, and their revenues and expenses were translated into U.S. dollars using the average exchange rate for the period. The assets and liabilities of these subsidiaries were translated into U.S. dollars using the exchange rate in effect at the balance sheet date.
Comprehensive Income	Comprehensive Income —Comprehensive income includes net income and other comprehensive income, which consists of foreign currency translation adjustments and interest rate cash flow hedge adjustments. Comprehensive income is presented in the accompanying consolidated statements of comprehensive income. Foreign currency translation adjustments and interest rate cash flow hedge adjustments are presented as separate components of consolidated equity.
Equity-Based Compensation	Equity-Based Compensation— ESH REIT maintains a Long-Term Incentive Plan (“LTIP”), as amended and restated in 2015, approved by its shareholders. Under the LTIP, ESH REIT may issue to eligible employees or directors equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. ESH REIT recognizes costs related to equity-based awards over their vesting periods. ESH REIT classifies equity-based awards granted in exchange for employee or director services as either equity awards or as liability awards. The classification of an award either as an equity award or a liability award is generally based upon cash settlement options. Equity awards are measured based on their fair value on the date of grant. Liability awards are re-measured to fair value each reporting period. The value of all awards is recognized over the requisite service period, which is the period during which an employee or director is required to provide services in exchange for the award (usually the vesting period). No compensation expense is recognized for awards for which employees or directors do not render the requisite services. All awards are classified as equity awards.
Segments	Segments —ESH REIT’s hotel ownership business represents a single operating segment based on the manner in which ESH REIT manages its business and operations.
Recently Issued Accounting Standards	Recently Issued Accounting Standards Fair Value Measurement— In August 2018, the FASB issued an accounting standards update which modifies the disclosure requirements for fair value measurements in Topic 820, Fair Value Measurement . ESH REIT adopted this update on January 1, 2020. The adoption of this update did not have a material effect on ESH REIT's consolidated financial statements. Intangibles-Goodwill and Other—Internal-Use Software— In August 2018, the FASB issued an accounting standards update which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. ESH REIT adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on ESH REIT's consolidated financial statements. Compensation—Stock Compensation— In June 2018, the FASB issued an accounting standards update which expands the scope of Topic 718, Stock Compensation, to include share-based payments granted to non-employees in exchange for goods or services. The new guidance simplifies the accounting for share-based payments granted to non-employees for goods or services by aligning it with the accounting for share-based payments granted to employees, with certain exceptions. Under the new guidance, non-employee share-based payment awards included within the scope of Topic 718 will be measured at the grant-date fair value of the equity instruments. In addition, classification of non-employee share-based payment awards will be subject to the requirements of Topic 718 unless modified after the good has been delivered and/or the service has been rendered and any other conditions necessary to earn the right to benefit from the instruments have been satisfied. This approach will eliminate the requirement to reassess classification of such awards upon vesting. ESH REIT adopted this update on January 1, 2019, using a retrospective method. The adoption of this update did not have a material effect on ESH REIT’s consolidated financial statements. Goodwill —In January 2017, the FASB issued an accounting standards update in which the guidance on testing for goodwill was updated to eliminate Step 2 in the determination on whether goodwill should be considered impaired. Annual and/or interim assessments are still required. ESH REIT adopted this update on January 1, 2020, using a prospective transition method. The adoption of this update did not have a material effect on ESH REIT's consolidated financial statements. Leases —ASC 842, Leases , introduced a lessee model that requires a right-of-use asset and lease obligation to be presented on the balance sheet for all leases, whether operating or financing. ESH REIT adopted ASC 842 on January 1, 2019, using the modified retrospective approach with the Comparatives Under 840 Option, whereby ESH REIT applied the standard at the beginning of the period of adoption and has presented financial information for periods prior to January 1, 2019 in accordance with prior guidance. Upon adoption, ESH REIT elected practical expedients related to (i) the identification and classification of leases that commenced before the effective date, (ii) initial direct costs for leases that commenced before the effective date, (iii) the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset, (iv) land easements and (v) the evaluation of lease and non-lease components of a contract. Adoption had no cumulative effect on retained earnings. Adoption resulted in the recognition of operating lease right-of-use assets of $2.8 million, as of January 1, 2019, which included adjustments for accrued lease payments, above-market lease liabilities and lease incentives, and liabilities of $9.3 million. Finance lease right-of-use assets and liabilities recognized as of January 1, 2019, included preexisting assets and liabilities of $3.8 million and $3.4 million, respectively, related to capital leases accounted for under prior guidance. Judgment was exercised in the application of ASC 842 with respect to the determination of whether a contract contains a lease. While the ability to control and direct the use of an identified asset indicates that the contract, or portion of a contract, is a lease, a counterparty’s substantive substitution rights typically provide evidence that a lessee does not control the asset. Judgment was also exercised with respect to the determination of the discount rate used to determine the present value of lease payments. In instances in which interest rates implicit in leases are not readily determinable, ESH REIT uses its incremental borrowing rate. The substantial majority of widely available market maturities and asset-specific risk spreads may not match the underlying contract and, as such, borrowing rates and risk spreads are estimated based on the contract’s term, the counterparty’s security and other characteristics of the identified asset. Under ASC 842, lessor accounting for leases did not substantially change from previous guidance; however, the standard introduced certain modifications to conform lessor accounting with the lessee model, further defined certain lease and non-lease components and changed the definition of initial direct costs of leases. The adoption of ASC 842 did not have a material effect on ESH REIT’s revenue recognition or disclosures.

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Depreciation and Amortization of Estimated Useful Lives	Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, 2018 Hotel properties: Land and site improvements (1) $ 1,228,231 $ 1,215,710 Building and improvements 2,792,579 2,729,661 Furniture, fixtures and equipment 745,145 674,545 Total hotel properties 4,765,955 4,619,916 Development in process (2) 70,864 27,174 Corporate furniture, fixtures, equipment, software and other 30,680 24,647 Total cost 4,867,499 4,671,737 Less accumulated depreciation: Hotel properties (1,353,772) (1,201,260) Corporate furniture, fixtures, equipment, software and other (20,178) (16,845) Total accumulated depreciation (1,373,950) (1,218,105) Property and equipment—net $ 3,493,549 $ 3,453,632 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively.

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Depreciation and Amortization of Estimated Useful Lives	Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, 2018 Hotel properties: Land and site improvements (1) $ 1,228,231 $ 1,215,710 Building and improvements 2,792,579 2,729,661 Furniture, fixtures and equipment 745,145 674,545 Total hotel properties 4,765,955 4,619,916 Development in process (2) 70,864 27,174 Corporate furniture, fixtures, equipment, software and other 30,680 24,647 Total cost 4,867,499 4,671,737 Less accumulated depreciation: Hotel properties (1,353,772) (1,201,260) Corporate furniture, fixtures, equipment, software and other (20,178) (16,845) Total accumulated depreciation (1,373,950) (1,218,105) Property and equipment—net $ 3,493,549 $ 3,453,632 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively.
ESH Hospitality, Inc.
Entity Information [Line Items]
Depreciation and Amortization of Estimated Useful Lives	Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, Hotel properties: Land and site improvements (1) $ 1,230,598 $ 1,218,077 Building and improvements 2,824,061 2,756,674 Furniture, fixtures and equipment 751,417 679,944 Total hotel properties 4,806,076 4,654,695 Development in process (2) 70,864 27,174 Other 1,675 1,675 Total cost 4,878,615 4,683,544 Less accumulated depreciation (1,372,595) (1,215,899) Property and equipment—net $ 3,506,020 $ 3,467,645 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively.

Net Income Per Share (Tables)

Net Income Per Share (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators	The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Year Ended December 31, 2019 2018 2017 Numerator: Net income available to Extended Stay America, Inc. $ 69,668 $ 112,864 $ 78,847 Income attributable to noncontrolling interests assuming (82) (128) (392) Net income available to Extended Stay America, Inc. $ 69,586 $ 112,736 $ 78,455 Denominator: Weighted-average number of Extended Stay America, Inc. $ 186,546 $ 189,389 $ 193,101 Dilutive securities 276 432 569 Weighted-average number of Extended Stay America, Inc. $ 186,822 $ 189,821 $ 193,670 Net income per Extended Stay America, Inc. $ 0.37 $ 0.60 $ 0.41 Net income per Extended Stay America, Inc. $ 0.37 $ 0.59 $ 0.41

Net Income Per Share - REIT (Ta

Net Income Per Share - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators	The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Year Ended December 31, 2019 2018 2017 Numerator: Net income available to Extended Stay America, Inc. $ 69,668 $ 112,864 $ 78,847 Income attributable to noncontrolling interests assuming (82) (128) (392) Net income available to Extended Stay America, Inc. $ 69,586 $ 112,736 $ 78,455 Denominator: Weighted-average number of Extended Stay America, Inc. $ 186,546 $ 189,389 $ 193,101 Dilutive securities 276 432 569 Weighted-average number of Extended Stay America, Inc. $ 186,822 $ 189,821 $ 193,670 Net income per Extended Stay America, Inc. $ 0.37 $ 0.60 $ 0.41 Net income per Extended Stay America, Inc. $ 0.37 $ 0.59 $ 0.41
ESH Hospitality, Inc.
Entity Information [Line Items]
Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators	The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Year Ended December 31, 2019 2018 2017 Numerator: Net income $ 225,887 $ 230,129 $ 214,984 Less preferred dividends (16) (16) (16) Net income available to ESH Hospitality, Inc. common shareholders $ 225,871 $ 230,113 $ 214,968 Class A: Net income available to ESH Hospitality, Inc. Class A common $ 129,460 $ 131,039 $ 121,627 Less amounts available to ESH Hospitality, Inc. Class B (82) (128) (392) Net income available to ESH Hospitality, Inc. Class A common shareholders - diluted $ 129,378 $ 130,911 $ 121,235 Class B: Net income available to ESH Hospitality, Inc. Class B common shareholders - basic $ 96,411 $ 99,074 $ 93,341 Amounts available to ESH Hospitality, Inc. Class B shareholders 82 128 — Net income available to ESH Hospitality, Inc. Class B common shareholders - diluted $ 96,493 $ 99,202 $ 93,341 Denominator: Class A: Weighted-average number of ESH Hospitality, Inc. Class A common shares outstanding - basic and diluted 250,494 250,494 250,494 Class B: Weighted-average number of ESH Hospitality, Inc. Class B common shares outstanding - basic $ 186,546 $ 189,389 $ 193,101 Dilutive securities 276 432 — Weighted-average number of ESH Hospitality, Inc. Class B common shares outstanding - diluted $ 186,822 $ 189,821 $ 193,101 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.49 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.48 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.48 Net income per ESH Hospitality, Inc. common share - $ 0.52 $ 0.52 $ 0.48 Anti-dilutive securities excluded from net income per common share - Class B - diluted — — 569

Hotel Acquisitions and Dispos_3

Hotel Acquisitions and Dispositions (Tables)	12 Months Ended
	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Summary of Acquisitions	During the years ended December 31, 2019 and 2018, acquired hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,003 $ 1,106 Total operating expenses 1,868 966 Income before income tax expense 135 140
Summary of Total Revenues and Expenses	No hotels were sold during the year ended December 31, 2019. The table below summarizes hotel dispositions for the years ended December 31, 2018 and 2017 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Year Brand Location Month Sold Number of Number of Rooms Net Proceeds Gain (Loss) on Sale Franchised/Managed (1) 2018 Extended Stay America Various November 14 1,386 $ 34,855 $ 1,331 (2) Yes 2018 Extended Stay America Various September 16 1,677 $ 60,710 $ 6,293 (2) Yes 2018 Extended Stay America Various September 16 1,772 $ 58,144 $ (3,014) (2) Yes 2018 Extended Stay America Various February 25 2,420 $ 111,156 $ 6,810 (2) Yes 2018 Extended Stay America Texas March 1 101 $ 44,090 $ 31,058 No (3) 2017 Extended Stay America Colorado December 1 160 $ 15,985 $ 11,870 No (3) 2017 Extended Stay Canada Canada May 3 500 $ 43,551 $ (1,894) (4) No 2017 Other Massachusetts May 1 101 $ 5,092 $ (2) (2) No ____________________ (1) As of December 31, 2019. (2) Net of impairment charge of $16.8 million , $24.3 million, $6.3 million, $2.1 million and $1.7 million, respectively, recognized prior to sale. (3) Management agreement terminated in 2019. (4) Due to the fact that the Company’s Canadian subsidiaries liquidated substantially all of their assets, $14.5 million of accumulated foreign currency translation loss was recognized at the time of sale. Additionally, an impairment charge of $12.4 million was recorded prior to sale. During the years ended December 31, 2018 and 2017, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and (loss) income before income tax expense as follows (in thousands): Year Ended December 31, 2018 2017 Total room and other hotel revenues $ 53,494 $ 102,593 Total operating expenses 83,336 104,511 Loss before income tax expense (1) (29,842) (1,605) _____________________ (1) Includes impairment charges of $37.4 million and $19.2 million for the years ended December 31, 2018 and 2017, respectively.

Hotel Acquisitions and Dispos_4

Hotel Acquisitions and Dispositions - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Summary of Acquisitions	During the years ended December 31, 2019 and 2018, acquired hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,003 $ 1,106 Total operating expenses 1,868 966 Income before income tax expense 135 140
Summary of Total Revenues and Expenses	No hotels were sold during the year ended December 31, 2019. The table below summarizes hotel dispositions for the years ended December 31, 2018 and 2017 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Year Brand Location Month Sold Number of Number of Rooms Net Proceeds Gain (Loss) on Sale Franchised/Managed (1) 2018 Extended Stay America Various November 14 1,386 $ 34,855 $ 1,331 (2) Yes 2018 Extended Stay America Various September 16 1,677 $ 60,710 $ 6,293 (2) Yes 2018 Extended Stay America Various September 16 1,772 $ 58,144 $ (3,014) (2) Yes 2018 Extended Stay America Various February 25 2,420 $ 111,156 $ 6,810 (2) Yes 2018 Extended Stay America Texas March 1 101 $ 44,090 $ 31,058 No (3) 2017 Extended Stay America Colorado December 1 160 $ 15,985 $ 11,870 No (3) 2017 Extended Stay Canada Canada May 3 500 $ 43,551 $ (1,894) (4) No 2017 Other Massachusetts May 1 101 $ 5,092 $ (2) (2) No ____________________ (1) As of December 31, 2019. (2) Net of impairment charge of $16.8 million , $24.3 million, $6.3 million, $2.1 million and $1.7 million, respectively, recognized prior to sale. (3) Management agreement terminated in 2019. (4) Due to the fact that the Company’s Canadian subsidiaries liquidated substantially all of their assets, $14.5 million of accumulated foreign currency translation loss was recognized at the time of sale. Additionally, an impairment charge of $12.4 million was recorded prior to sale. During the years ended December 31, 2018 and 2017, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and (loss) income before income tax expense as follows (in thousands): Year Ended December 31, 2018 2017 Total room and other hotel revenues $ 53,494 $ 102,593 Total operating expenses 83,336 104,511 Loss before income tax expense (1) (29,842) (1,605) _____________________ (1) Includes impairment charges of $37.4 million and $19.2 million for the years ended December 31, 2018 and 2017, respectively.
ESH Hospitality, Inc.
Entity Information [Line Items]
Summary of Acquisitions	During the years ended December 31, 2019 and 2018, acquired hotel properties contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Years ended December 31, 2019 2018 Rental revenues from Extended Stay America, Inc. $ 1,087 $ 728 Total operating expenses 882 475 Income before income tax expense 205 253
Summary of Total Revenues and Expenses	Year Location Month Sold Number of Hotels Number of Rooms Net Proceeds Gain (Loss) on Sale 2018 Various November 14 1,386 $ 34,855 $ (14,930) 2018 Various September 16 1,677 $ 60,710 $ (17,025) 2018 Various September 16 1,772 $ 58,144 $ (8,934) 2018 Various February 25 2,420 $ 111,156 $ 4,269 2018 Texas March 1 101 $ 44,090 $ 30,992 2017 Colorado December 1 160 $ 15,985 $ (1,507) 2017 Canada May 3 500 $ 43,551 $ (1,767) (1) 2017 Massachusetts May 1 101 $ 5,092 $ 11,836 _________________________________ (1) Due to the fact that ESH REIT’s Canadian subsidiary liquidated substantially all of its assets, $12.5 million of accumulated foreign currency translation loss was recognized at the time of sale. Additionally, an impairment charge of $15.0 million was recognized prior to sale. During the years ended December 31, 2018 and 2017, disposed hotel properties contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2018 2017 Rental revenues from Extended Stay America, Inc. $ 22,346 $ 54,097 Total operating expenses 15,917 48,858 Income before income tax expense 6,429 5,552 (1) _________________________________ (1) Includes impairment charge of $15.0 million.

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Net Investment in Property and Equipment	Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, 2018 Hotel properties: Land and site improvements (1) $ 1,228,231 $ 1,215,710 Building and improvements 2,792,579 2,729,661 Furniture, fixtures and equipment 745,145 674,545 Total hotel properties 4,765,955 4,619,916 Development in process (2) 70,864 27,174 Corporate furniture, fixtures, equipment, software and other 30,680 24,647 Total cost 4,867,499 4,671,737 Less accumulated depreciation: Hotel properties (1,353,772) (1,201,260) Corporate furniture, fixtures, equipment, software and other (20,178) (16,845) Total accumulated depreciation (1,373,950) (1,218,105) Property and equipment—net $ 3,493,549 $ 3,453,632 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively.
Schedule of Real Estate Properties	During the years ended December 31, 2019 and 2018, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,199 $ 152 Total operating expenses 1,856 201 Income (loss) before income tax expense 343 (49)

Property and Equipment - REIT (

Property and Equipment - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Net Investment in Property and Equipment	Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Corporate furniture, fixtures equipment 3–15 years Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, 2018 Hotel properties: Land and site improvements (1) $ 1,228,231 $ 1,215,710 Building and improvements 2,792,579 2,729,661 Furniture, fixtures and equipment 745,145 674,545 Total hotel properties 4,765,955 4,619,916 Development in process (2) 70,864 27,174 Corporate furniture, fixtures, equipment, software and other 30,680 24,647 Total cost 4,867,499 4,671,737 Less accumulated depreciation: Hotel properties (1,353,772) (1,201,260) Corporate furniture, fixtures, equipment, software and other (20,178) (16,845) Total accumulated depreciation (1,373,950) (1,218,105) Property and equipment—net $ 3,493,549 $ 3,453,632 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively.
Schedule of Real Estate Properties	During the years ended December 31, 2019 and 2018, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Total room and other hotel revenues $ 2,199 $ 152 Total operating expenses 1,856 201 Income (loss) before income tax expense 343 (49)
ESH Hospitality, Inc.
Entity Information [Line Items]
Net Investment in Property and Equipment	Depreciation and amortization are recorded on a straight-line basis over the following estimated useful lives: Hotel buildings 7–49 years Hotel building improvements 4–39 years Hotel site improvements 3–20 years Hotel furniture, fixtures and equipment 2–10 years Net investment in property and equipment as of December 31, 2019 and 2018, consists of the following (in thousands): December 31, December 31, Hotel properties: Land and site improvements (1) $ 1,230,598 $ 1,218,077 Building and improvements 2,824,061 2,756,674 Furniture, fixtures and equipment 751,417 679,944 Total hotel properties 4,806,076 4,654,695 Development in process (2) 70,864 27,174 Other 1,675 1,675 Total cost 4,878,615 4,683,544 Less accumulated depreciation (1,372,595) (1,215,899) Property and equipment—net $ 3,506,020 $ 3,467,645 _________________________________ (1) Includes finance lease asset of $3.2 million as of December 31, 2019 and 2018. (2) Includes finance lease asset of $0.8 million and $0.6 million as of December 31, 2019 and 2018, respectively.
Schedule of Real Estate Properties	During the years ended December 31, 2019 and 2018, newly-built hotels contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Year Ended December 31, 2019 2018 Rental revenues $ 1,385 $ 81 Total operating expenses 909 79 Income before income tax expense 476 2

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill (Tables)	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Company's Intangible Assets and Goodwill	The Company’s intangible assets and goodwill as of December 31, 2019 and 2018, consist of the following (dollars in thousands): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (12,370) $ 14,430 Definite-lived intangible assets—software licenses 10,353 (763) 9,590 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 47,316 (13,133) 34,183 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 92,508 $ (13,133) $ 79,375 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (11,029) $ 15,771 Definite-lived intangible assets—software licenses 1,926 (36) 1,890 Definite-lived intangible assets—software licenses in process 870 — 870 Indefinite-lived intangible assets—trademarks 10,183 — 10,183 Total intangible assets 39,779 (11,065) 28,714 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 84,971 $ (11,065) $ 73,906
Estimated Future Amortization Expense for Intangible Assets	Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, 2020 $ 2,564 2021 2,564 2022 2,564 2023 2,564 2024 2,564 Thereafter 11,200 Total $ 24,020

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Company's Intangible Assets and Goodwill	The Company’s intangible assets and goodwill as of December 31, 2019 and 2018, consist of the following (dollars in thousands): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (12,370) $ 14,430 Definite-lived intangible assets—software licenses 10,353 (763) 9,590 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 47,316 (13,133) 34,183 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 92,508 $ (13,133) $ 79,375 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—customer relationships $ 26,800 $ (11,029) $ 15,771 Definite-lived intangible assets—software licenses 1,926 (36) 1,890 Definite-lived intangible assets—software licenses in process 870 — 870 Indefinite-lived intangible assets—trademarks 10,183 — 10,183 Total intangible assets 39,779 (11,065) 28,714 Goodwill 45,192 — 45,192 Total intangible assets and goodwill $ 84,971 $ (11,065) $ 73,906
Estimated Future Amortization Expense for Intangible Assets	Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, 2020 $ 2,564 2021 2,564 2022 2,564 2023 2,564 2024 2,564 Thereafter 11,200 Total $ 24,020
ESH Hospitality, Inc.
Entity Information [Line Items]
Company's Intangible Assets and Goodwill	ESH REIT’s intangible assets and goodwill as of December 31, 2019 and 2018, consist of the following (dollars in thousands): December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—software licenses $ 10,353 $ (763) $ 9,590 Goodwill 44,012 — 44,012 Total intangible assets and goodwill $ 54,365 $ (763) $ 53,602 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Definite-lived intangible assets—software licenses $ 1,926 $ (36) $ 1,890 Definite-lived intangible assets—software licenses in process $ 870 $ — $ 870 Total intangible assets $ 2,796 $ (36) $ 2,760 Goodwill $ 44,012 $ — $ 44,012 Total intangible assets and goodwill $ 46,808 $ (36) $ 46,772
Estimated Future Amortization Expense for Intangible Assets	The remaining weighted-average amortization period for amortizing intangible assets is approximately eight years as of December 31, 2019. Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, 2020 $ 1,224 2021 1,224 2022 1,224 2023 1,224 2024 1,224 Thereafter 3,470 Total $ 9,590

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Debt Transactions	During the years ended December 31, 2019 and 2018, the following debt transactions occurred (in thousands): December 31, 2019 December 31, 2018 Debt, net of deferred financing costs and debt discount(s) - beginning of year (1) $ 2,395,507 $ 2,534,768 Additions: Proceeds from senior notes 750,000 — Amortization and write-off of deferred financing costs and debt discount (2) 12,967 7,954 Deductions: Payments on term loan facilities (507,261) (147,215) Payments of deferred financing costs (2) (18,577) — Debt, net of deferred financing costs and debt discount(s) - end of year (1) $ 2,632,636 $ 2,395,507 ______________________ (1) Excludes mandatorily redeemable preferred stock and finance lease obligations. (2) Excludes amortization and payments of deferred financing costs related to revolving credit facilities.
Company's Outstanding Debt, Unamortized Deferred Financing Costs and Debt Discount	The Company’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of December 31, 2019 and 2018, consists of the following (dollars in thousands): Carrying Amount Unamortized Deferred Financing Costs Loan Stated December 31, 2019 December 31, 2018 December 31, 2019 December 31, 2018 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $630,909 $627,368 (1) $1,132,259 (1) $9,030 $10,546 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,292,986 (4) 1,291,671 (4) 15,055 17,877 5.25% 5/1/2025 2027 Notes 750,000 750,000 — 13,633 — 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 2,606 (5) 1,469 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 — — 556 (5) 292 (5) LIBOR (2) + 2.25% 9/18/2024 Unsecured Intercompany Facility Unsecured Intercompany Facility (6) 75,000 — — — — 5.00% 9/18/2026 Total $ 2,670,354 $ 2,423,930 $ 40,880 $ 30,184 ______________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $2.0 million and $4.3 million as of December 31, 2019 and 2018, respectively. (2) As of December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.50%, respectively. As of December 31, 2019 and 2018, $200.0 million and $300.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $7.0 million and $8.3 million as of December 31, 2019 and 2018, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying consolidated balance sheets. (6) Any outstanding debt balances and interest expense, as applicable, owed from ESH REIT to the Corporation eliminate in consolidation.
Future Maturities of Debt	The future maturities of debt as of December 31, 2019, are as follows (in thousands): Years Ending December 31, 2020 $ 6,309 (1) 2021 6,309 (1) 2022 6,309 (1) 2023 6,309 (1) 2024 6,309 (1) Thereafter 2,647,786 (1) Total $ 2,679,331 ______________________ (1) Under the ESH REIT Term Facility, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year.
Components of Interest Expense	The components of net interest expense during the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Contractual interest (1) $ 117,067 $ 116,348 $ 118,510 Amortization of deferred financing costs and debt discount 8,059 8,005 8,097 Debt extinguishment and other costs (2) 8,301 3,030 3,335 Interest income (5,663) (2,513) (170) Total $ 127,764 $ 124,870 $ 129,772 ______________________ (1) Includes dividends on the shares of mandatorily redeemable Corporation preferred stock. Net of capitalized interest of $2.2 million, $0.5 million and $0, respectively. (2) Includes interest expense on finance leases (See Note 14) and unused credit facility fees.

Debt - REIT (Tables)

Debt - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Debt Transactions	During the years ended December 31, 2019 and 2018, the following debt transactions occurred (in thousands): December 31, 2019 December 31, 2018 Debt, net of deferred financing costs and debt discount(s) - beginning of year (1) $ 2,395,507 $ 2,534,768 Additions: Proceeds from senior notes 750,000 — Amortization and write-off of deferred financing costs and debt discount (2) 12,967 7,954 Deductions: Payments on term loan facilities (507,261) (147,215) Payments of deferred financing costs (2) (18,577) — Debt, net of deferred financing costs and debt discount(s) - end of year (1) $ 2,632,636 $ 2,395,507 ______________________ (1) Excludes mandatorily redeemable preferred stock and finance lease obligations. (2) Excludes amortization and payments of deferred financing costs related to revolving credit facilities.
Company's Outstanding Debt, Unamortized Deferred Financing Costs and Debt Discount	The Company’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of December 31, 2019 and 2018, consists of the following (dollars in thousands): Carrying Amount Unamortized Deferred Financing Costs Loan Stated December 31, 2019 December 31, 2018 December 31, 2019 December 31, 2018 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $630,909 $627,368 (1) $1,132,259 (1) $9,030 $10,546 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,292,986 (4) 1,291,671 (4) 15,055 17,877 5.25% 5/1/2025 2027 Notes 750,000 750,000 — 13,633 — 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 2,606 (5) 1,469 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 — — 556 (5) 292 (5) LIBOR (2) + 2.25% 9/18/2024 Unsecured Intercompany Facility Unsecured Intercompany Facility (6) 75,000 — — — — 5.00% 9/18/2026 Total $ 2,670,354 $ 2,423,930 $ 40,880 $ 30,184 ______________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $2.0 million and $4.3 million as of December 31, 2019 and 2018, respectively. (2) As of December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.50%, respectively. As of December 31, 2019 and 2018, $200.0 million and $300.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $7.0 million and $8.3 million as of December 31, 2019 and 2018, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying consolidated balance sheets. (6) Any outstanding debt balances and interest expense, as applicable, owed from ESH REIT to the Corporation eliminate in consolidation.
Components of Interest Expense	The components of net interest expense during the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Contractual interest (1) $ 117,067 $ 116,348 $ 118,510 Amortization of deferred financing costs and debt discount 8,059 8,005 8,097 Debt extinguishment and other costs (2) 8,301 3,030 3,335 Interest income (5,663) (2,513) (170) Total $ 127,764 $ 124,870 $ 129,772 ______________________ (1) Includes dividends on the shares of mandatorily redeemable Corporation preferred stock. Net of capitalized interest of $2.2 million, $0.5 million and $0, respectively. (2) Includes interest expense on finance leases (See Note 14) and unused credit facility fees.
Future Maturities of Debt	The future maturities of debt as of December 31, 2019, are as follows (in thousands): Years Ending December 31, 2020 $ 6,309 (1) 2021 6,309 (1) 2022 6,309 (1) 2023 6,309 (1) 2024 6,309 (1) Thereafter 2,647,786 (1) Total $ 2,679,331 ______________________ (1) Under the ESH REIT Term Facility, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year.
ESH Hospitality, Inc.
Entity Information [Line Items]
Debt Transactions	During the years ended December 31, 2019 and 2018, the following debt transactions occurred (in thousands): December 31, 2019 December 31, 2018 Debt, net of deferred financing costs and debt discount(s) - beginning of year (1) $ 2,395,507 $ 2,534,768 Additions: Proceeds from senior notes 750,000 — Amortization and write-off of deferred financing costs and debt discount (2) 12,967 7,954 Deductions: Payments on term loan facilities (507,261) (147,215) Payments of deferred financing costs (2) (18,577) — Debt, net of deferred financing costs and debt discount(s) - end of year (1) $ 2,632,636 $ 2,395,507 ______________________ (1) Excludes finance lease obligations. (2) Excludes amortization and payments of deferred financing costs related to the revolving credit facility.
Company's Outstanding Debt, Unamortized Deferred Financing Costs and Debt Discount	ESH REIT’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of December 31, 2019 and 2018, consists of the following (dollars in thousands): Carrying Amount Unamortized Deferred Financing Costs Loan Stated December 31, 2019 December 31, 2018 December 31, 2019 December 31, 2018 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 627,368 (1) $ 1,132,259 (1) $ 9,030 $ 10,546 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,292,986 (4) 1,291,671 (4) 15,055 17,877 5.25% 5/1/2025 2027 Notes 750,000 750,000 — 13,633 — 4.63% 10/1/2027 Revolving credit facility ESH REIT Revolving Credit Facility 350,000 — — 2,606 (5) 1,469 (5) LIBOR (2) + 2.00% 9/18/2024 Unsecured Intercompany Facility Unsecured Intercompany Facility 75,000 — — — — 5.00% 9/18/2026 Total $ 2,670,354 $ 2,423,930 $ 40,324 $ 29,892 ______________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $2.0 million and $4.3 million as of December 31, 2019 and 2018, respectively. (2) As of December 31, 2019 and 2018, one-month LIBOR was 1.76% and 2.50%, respectively. As of December 31, 2019 and 2018, $200.0 million and $300.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $7.0 million and $8.3 million as of December 31, 2019 and 2018, respectively. (5) Unamortized deferred financing costs related to the revolving credit facility are included in other assets in the accompanying consolidated balance sheets.
Components of Interest Expense	Interest Expense, net —The components of net interest expense during the years ended December 31, 2019, 2018 and 2017, are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Contractual interest (1) $ 116,497 $ 115,778 $ 119,819 Amortization of deferred financing costs and debt discount 7,947 7,895 7,988 Debt extinguishment and other costs (2) 8,112 2,847 3,136 Interest income (3,601) (1,775) (20) Total $ 128,955 $ 124,745 $ 130,923 ______________________ (1) Net of capitalized interest of $2.2 million, $0.5 million and $0, respectively. (2) Includes interest expense on finance leases (See Note 13) and unused credit facility fees.
Future Maturities of Debt	The future maturities of debt as of December 31, 2019, are as follows (in thousands): Years Ending December 31, 2020 $ 6,309 (1) 2021 6,309 (1) 2022 6,309 (1) 2023 6,309 (1) 2024 6,309 (1) Thereafter 2,647,786 (1) Total $ 2,679,331 ______________________ (1) Under the ESH REIT Term Facility, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required commencing with the year ending December 31, 2020. Annual mandatory prepayments for the year ending December 31, 2020, and each year thereafter, are due during the first quarter of the following year.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The table below presents the amounts and classification on the Company’s financial statements related to the interest rate swap (in thousands): Other assets Accumulated other comprehensive income, net of tax Other non-operating income Interest (income) expense, net As of December 31, 2019 $ 831 $ 706 (1) As of December 31, 2018 $ 5,789 $ 4,934 (2) For the year ended December 31, 2019 $ — $ (2,842) For the year ended December 31, 2018 $ — $ (2,765) For the year ended December 31, 2017 $ 314 $ 707 _______________________________ (1) Changes during the year ended December 31, 2019, on a pre-tax basis, consisted of changes in fair value of $(5.0) million. (2) Changes during the year ended December 31, 2018, on a pre-tax basis, consisted of changes in fair value of $(0.6) million and the cumulative effect adjustment of $(0.7) million as a result of adopting ASU 2017-12, Derivative and Hedging: Targeted Improvements to Accounting for Hedging Activities, on January 1, 2018.

Derivative Instruments - REIT (

Derivative Instruments - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Derivative [Line Items]
Schedule of Derivative Instruments	The table below presents the amounts and classification on the Company’s financial statements related to the interest rate swap (in thousands): Other assets Accumulated other comprehensive income, net of tax Other non-operating income Interest (income) expense, net As of December 31, 2019 $ 831 $ 706 (1) As of December 31, 2018 $ 5,789 $ 4,934 (2) For the year ended December 31, 2019 $ — $ (2,842) For the year ended December 31, 2018 $ — $ (2,765) For the year ended December 31, 2017 $ 314 $ 707 _______________________________ (1) Changes during the year ended December 31, 2019, on a pre-tax basis, consisted of changes in fair value of $(5.0) million. (2) Changes during the year ended December 31, 2018, on a pre-tax basis, consisted of changes in fair value of $(0.6) million and the cumulative effect adjustment of $(0.7) million as a result of adopting ASU 2017-12, Derivative and Hedging: Targeted Improvements to Accounting for Hedging Activities, on January 1, 2018.
ESH Hospitality, Inc.
Derivative [Line Items]
Schedule of Derivative Instruments	The table below presents the amounts and classification on ESH REIT’s financial statements related to the interest rate swap (in thousands): Other Assets Accumulated other comprehensive income, net of tax Other non-operating income Interest (income) expense, net As of December 31, 2019 $ 831 $ 830 (1) As of December 31, 2018 $ 5,789 $ 5,789 (2) For the year ended December 31, 2019 $ — $ (2,842) For the year ended December 31, 2018 $ — $ (2,765) For the year ended December 31, 2017 314 707 _______________________________ (1) Changes during the year ended December 31, 2019, on a pre-tax basis, consisted of changes in fair value of $(5.0) million. (2) Changes during the year ended December 31, 2018, on a pre-tax basis, consisted of changes in fair value of $(0.6) million and the cumulative effect adjustment of $(0.7) million as a result of adopting ASU 2017-12, Derivative and Hedging: Targeted Improvements to Accounting for Hedging Activities, on January 1, 2018.

Segments (Tables)

Segments (Tables)	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Schedule of Operating Segments Evaluated on Income from Operations	The performance of the Company’s operating segments is evaluated primarily on income from operations. Selected financial data is provided below (in thousands): Year Ended December 31, 2019 2018 2017 Revenues: Owned hotels $ 1,196,091 $ 1,259,182 $ 1,282,725 Franchise and management (1) 9,000 7,086 3,873 Total segment revenues 1,205,091 1,266,268 1,286,598 Corporate and other (2) 77,084 80,942 75,692 Other revenues from franchise and managed properties (3) 16,716 12,567 — Intersegment eliminations (4) (80,672) (84,718) (79,565) Total $1,218,219 $1,275,059 $1,282,725 Income (loss) from operations: Owned hotels (5) $ 346,999 $ 394,669 $ 383,061 Franchise and management (1) 9,000 7,086 3,873 Total segment income from operations 355,999 401,755 386,934 Corporate and other (2) (32,019) (23,168) (25,859) Other expenses from franchise and managed properties, net (3) (2,154) (650) — Total $ 321,826 $ 377,937 $ 361,075 _________________________________ (1) Includes intellectual property fees charged to the owned hotels segment of $3.6 million, $3.8 million and $3.9 million for the years ended December 31, 2019 , 2018 and 2017, respectively, that are eliminated in the consolidated statements of operations. (2) Includes revenues generated and operating expenses incurred in connection with the overall support of owned, franchised and managed hotels and related operations. Corporate and other revenues are comprised of management fees earned by and cost reimbursements charged to the owned hotels segment that are eliminated in the consolidated statements of operations. (3) Includes direct reimbursement of specific costs incurred under franchise and management agreements that the Company is reimbursed for on a dollar-for-dollar basis, as well as indirect reimbursement of certain costs incurred associated with the Company’s shared platform (i.e., system services) (see Note 2). (4) Includes management fees, intellectual property fees and other cost reimbursements charged to the owned hotels segment that are eliminated in the consolidated statements of operations.
Schedule of Assets and Capital Expenditures of Operating Segments	Total assets for each of the Company’s operating segments are provided below (in thousands): December 31, 2019 December 31, 2018 Assets: Owned hotels $ 3,661,609 $ 3,643,603 Franchise and management 14,576 14,634 Total segment assets 3,676,185 3,658,237 Corporate and other 397,568 308,181 Intersegment eliminations (43,157) (42,208) Total $ 4,030,596 $ 3,924,210 Total capital expenditures for each of the Company's operating segments are provided below (in thousands): Year Ended December 31, 2019 2018 2017 Capital Expenditures: Owned hotels $ 260,155 $ 207,997 $ 164,909 Franchise and management — 250 — Total segment capital expenditures 260,155 208,247 164,909 Corporate and other 1,139 1,027 1,469 Total $ 261,294 $ 209,274 $ 166,378

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table disaggregates room revenues generated from owned hotels by booking source for the years ended December 31, 2019 and 2018 (in thousands): Year Ended December 31, 2019 2018 Property direct $ 286,002 $ 360,718 Central call center 312,956 303,336 Proprietary website 225,393 220,734 Third-party intermediaries 307,478 300,965 Travel agency global distribution systems 39,897 51,558 Total room revenues from owned hotels (1) $ 1,171,726 $ 1,237,311 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $24.4 million and $21.9 million of other hotel revenues during the years ended December 31, 2019 and 2018, respectively. The following table disaggregates room revenues generated from owned hotels by length of guest stay for the years ended December 31, 2019 and 2018 (in thousands): Year Ended December 31, 2019 2018 1-6 nights $ 441,417 $ 457,380 7-29 nights 243,263 261,674 30+ nights 487,046 518,257 Total room revenues from owned hotels (1) $ 1,171,726 $ 1,237,311 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $24.4 million and $21.9 million of other hotel revenues during the years ended December 31, 2019 and 2018, respectively. The following table disaggregates revenues generated from franchised and managed hotels for the years ended December 31, 2019 and 2018 (in thousands): Year Ended December 31, 2019 2018 Management fees $ 1,239 1,175 Franchise fees 4,173 2,135 Indirect reimbursements (system service fees) 5,221 2,444 Direct reimbursements 11,495 10,123 Total revenues from franchised and managed hotels $ 22,128 $ 15,877
Schedule of Outstanding Customer Contract Liabilities	The following table presents outstanding contract liabilities as of December 31, 2019 and January 1, 2019 and the amount of contract liabilities outstanding as of January 1, 2019 that were recognized as revenue during the year ended December 31, 2019 (in thousands): Outstanding Contract Liabilities Outstanding Contract Liabilities as of As of December 31, 2019 $ 16,231 As of January 1, 2019 $ 13,829 For the year ended December 31, 2019 $ 9,233

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Schedule of Income Before Income Tax Expense (Benefit)	Income (loss) before income tax expense for the years ended December 31, 2019, 2018 and 2017 consists of the following (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, U.S. $ 194,143 $ 254,172 $ 244,995 Canada 310 (340) (13,293) Total $ 194,453 $ 253,832 $ 231,702
Components of Expense (Benefit) for Income Taxes	The components of income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Federal (including foreign): Current $ 28,297 $ 31,401 $ 49,307 Deferred (6,697) 711 1,675 State: Current 9,134 9,656 9,244 Deferred (1,419) 308 (712) Total $ 29,315 $ 42,076 $ 59,514
Schedule of Difference Between Income Tax Expense at Effective Tax Rate and Statutory U.S. Federal Income Tax Rate	The differences between income tax expense at the effective tax rate and the statutory U.S. federal income tax rate for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Tax at statutory rate $ 40,835 21.0 % $ 53,305 21.0 % $ 81,096 35.0 % State income tax 5,844 3.0 7,847 3.1 5,578 2.4 Foreign income tax rate differential — — — — (4,741) (2.0) Nontaxable ESH REIT income (18,577) (9.6) (14,976) (5.9) (25,689) (11.1) Equity-based compensation (69) — (524) (0.2) (263) (0.1) Other permanent differences 629 0.3 30 — 3,283 1.4 Estimate of future nontaxable distributions from ESH REIT — — 5,020 2.0 (2,054) (0.9) Change in ESH REIT temporary differences 475 0.3 (9,525) (3.7) (2,102) (0.9) Change in deferred tax rate (1) — — — — 4,051 1.7 Valuation allowance (1) — (2) — (427) (0.2) Tax credits (783) (0.4) (661) (0.3) (497) (0.2) Other - net 962 0.5 1,562 0.6 1,279 0.6 Income tax expense - net $ 29,315 15.1 % $ 42,076 16.6 % $ 59,514 25.7 % ________________________ (1) Reflects the impact of the TCJA on Corporation deferred tax assets, specifically the remeasurement of deferred tax assets at December 31, 2017, using newly enacted tax rates, which resulted in deferred income tax expense.
Components of Deferred Tax Assets and Liabilities	The significant components of deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018, consist of the following (in thousands): December 31, 2019 December 31, 2018 Deferred tax assets: Net operating loss carryforwards $ 2,914 $ 2,926 Accruals and allowances 19,484 10,861 Equity-based compensation 972 1,409 Depreciable property 2,890 3,211 Other 665 652 Total deferred tax assets 26,925 19,059 Valuation allowance (2,914) (2,926) Net deferred tax assets 24,011 16,133 Deferred tax liabilities: Undistributed ESH REIT income (5,074) (5,578) Intangible assets (2,112) (2,600) Prepaid expenses (668) (629) Other — (17) Total net deferred tax assets: $ 16,157 $ 7,309

Income Taxes - REIT (Tables)

Income Taxes - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Schedule of Income Before Income Tax Expense (Benefit)	Income (loss) before income tax expense for the years ended December 31, 2019, 2018 and 2017 consists of the following (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, U.S. $ 194,143 $ 254,172 $ 244,995 Canada 310 (340) (13,293) Total $ 194,453 $ 253,832 $ 231,702
Components of Expense (Benefit) for Income Taxes	The components of income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Federal (including foreign): Current $ 28,297 $ 31,401 $ 49,307 Deferred (6,697) 711 1,675 State: Current 9,134 9,656 9,244 Deferred (1,419) 308 (712) Total $ 29,315 $ 42,076 $ 59,514
Schedule of Difference Between Income Tax Expense at Effective Tax Rate and Statutory U.S. Federal Income Tax Rate	The differences between income tax expense at the effective tax rate and the statutory U.S. federal income tax rate for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Tax at statutory rate $ 40,835 21.0 % $ 53,305 21.0 % $ 81,096 35.0 % State income tax 5,844 3.0 7,847 3.1 5,578 2.4 Foreign income tax rate differential — — — — (4,741) (2.0) Nontaxable ESH REIT income (18,577) (9.6) (14,976) (5.9) (25,689) (11.1) Equity-based compensation (69) — (524) (0.2) (263) (0.1) Other permanent differences 629 0.3 30 — 3,283 1.4 Estimate of future nontaxable distributions from ESH REIT — — 5,020 2.0 (2,054) (0.9) Change in ESH REIT temporary differences 475 0.3 (9,525) (3.7) (2,102) (0.9) Change in deferred tax rate (1) — — — — 4,051 1.7 Valuation allowance (1) — (2) — (427) (0.2) Tax credits (783) (0.4) (661) (0.3) (497) (0.2) Other - net 962 0.5 1,562 0.6 1,279 0.6 Income tax expense - net $ 29,315 15.1 % $ 42,076 16.6 % $ 59,514 25.7 % ________________________ (1) Reflects the impact of the TCJA on Corporation deferred tax assets, specifically the remeasurement of deferred tax assets at December 31, 2017, using newly enacted tax rates, which resulted in deferred income tax expense.
Components of Deferred Tax Assets and Liabilities	The significant components of deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018, consist of the following (in thousands): December 31, 2019 December 31, 2018 Deferred tax assets: Net operating loss carryforwards $ 2,914 $ 2,926 Accruals and allowances 19,484 10,861 Equity-based compensation 972 1,409 Depreciable property 2,890 3,211 Other 665 652 Total deferred tax assets 26,925 19,059 Valuation allowance (2,914) (2,926) Net deferred tax assets 24,011 16,133 Deferred tax liabilities: Undistributed ESH REIT income (5,074) (5,578) Intangible assets (2,112) (2,600) Prepaid expenses (668) (629) Other — (17) Total net deferred tax assets: $ 16,157 $ 7,309
ESH Hospitality, Inc.
Entity Information [Line Items]
Schedule of Income Before Income Tax Expense (Benefit)	Income (loss) before income tax expense for the years ended December 31, 2019, 2018 and 2017 consists of the following (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, U.S. $ 225,952 $ 231,266 $ 231,093 Canada 310 (340) (14,880) Total $ 226,262 $ 230,926 $ 216,213
Components of Expense (Benefit) for Income Taxes	The components of income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, Year Ended December 31, Year Ended December 31, Federal (including foreign): Current $ — $ 715 $ 4,792 Deferred — — (3,377) State: Current 384 97 170 Deferred (9) (15) (356) Total $ 375 $ 797 $ 1,229
Schedule of Difference Between Income Tax Expense at Effective Tax Rate and Statutory U.S. Federal Income Tax Rate	The differences between income tax expense at the effective tax rate and the statutory U.S. federal income tax rate for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Tax at statutory rate $ 47,515 21.0 % $ 48,494 21.0 % $ 75,675 35.0 % State income tax 375 0.2 82 — (272) (0.1) Foreign income tax rate differential — — — — (5,149) (2.4) Nontaxable ESH REIT income (47,509) (21.0) (48,116) (20.8) (71,304) (33.0) Other permanent differences (6) — (378) (0.2) 1,925 0.9 Other - net — — 715 0.3 354 0.2 Income tax expense - net $ 375 0.2 % $ 797 0.3 % $ 1,229 0.6 %
Components of Deferred Tax Assets and Liabilities	The significant components of deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018, consist of the following (in thousands): December 31, December 31, Deferred tax assets: Net operating loss carryforwards $ 785 $ 787 Other 2 1 Total deferred tax assets: 787 788 Valuation allowance (785) (787) Net deferred tax assets: 2 1 Deferred tax liabilities: Depreciable property — (10) Other (13) (11) Total net deferred tax liabilities: $ (11) $ (20)

Quarterly Results (Unaudited) (

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data	Quarterly financial data for the years ended December 31, 2019 and 2018 is as follows (in thousands, except per share data): Three Months Ended March 31, Three Months Ended June 30, Three Months Ended September 30, Three Months Ended December 31, 2019 2018 2019 2018 2019 2018 2019 2018 Total revenues $ 277,669 $ 297,767 $ 323,657 $ 336,501 $ 332,695 $ 351,076 $ 284,198 $ 289,715 Income from operations 63,953 68,729 100,451 112,504 100,367 121,462 57,055 75,242 Net income 28,404 31,095 59,658 65,570 53,230 75,692 23,846 39,399 Net income attributable to noncontrolling interests (6,470) (16,243) (6,161) (514) (12,159) (3,790) (70,680) (78,345) Net income (loss) attributable to common shareholders 21,934 14,852 53,497 65,056 41,071 71,902 (46,834) (38,946) Net income (loss) per common share—basic (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) $ (0.21) Net income (loss) per common share—diluted (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) (2) $ (0.21) (3) _________________________ (1) The sum of the four quarters may differ from the annual amount due to rounding. (2) Excludes 0.3 million anti-dilutive securities. (3) Excludes 0.4 million anti-dilutive securities.

Quarterly Results (Unaudited)_2

Quarterly Results (Unaudited) - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Quarterly Financial Data	Quarterly financial data for the years ended December 31, 2019 and 2018 is as follows (in thousands, except per share data): Three Months Ended March 31, Three Months Ended June 30, Three Months Ended September 30, Three Months Ended December 31, 2019 2018 2019 2018 2019 2018 2019 2018 Total revenues $ 277,669 $ 297,767 $ 323,657 $ 336,501 $ 332,695 $ 351,076 $ 284,198 $ 289,715 Income from operations 63,953 68,729 100,451 112,504 100,367 121,462 57,055 75,242 Net income 28,404 31,095 59,658 65,570 53,230 75,692 23,846 39,399 Net income attributable to noncontrolling interests (6,470) (16,243) (6,161) (514) (12,159) (3,790) (70,680) (78,345) Net income (loss) attributable to common shareholders 21,934 14,852 53,497 65,056 41,071 71,902 (46,834) (38,946) Net income (loss) per common share—basic (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) $ (0.21) Net income (loss) per common share—diluted (1) $ 0.12 $ 0.08 $ 0.28 $ 0.34 $ 0.22 $ 0.38 $ (0.26) (2) $ (0.21) (3) _________________________ (1) The sum of the four quarters may differ from the annual amount due to rounding. (2) Excludes 0.3 million anti-dilutive securities. (3) Excludes 0.4 million anti-dilutive securities.
ESH Hospitality, Inc.
Entity Information [Line Items]
Quarterly Financial Data	Quarterly financial data for the years ended December 31, 2019 and 2018 is as follows (in thousands, except per share data): Three Months Ended March 31, Three Months Ended June 30, Three Months Ended September 30, Three Months Ended December 31, 2019 2018 2019 2018 2019 2018 2019 2018 Rental revenues from Extended Stay America, Inc. $ 118,005 $ 113,331 $ 118,102 $ 111,532 $ 139,455 $ 142,977 $ 274,336 $ 299,588 Income from operations 44,864 69,313 44,489 34,253 65,516 39,578 200,038 211,658 Net income 15,066 37,581 14,349 1,190 28,467 8,821 168,005 182,537 Net income per common share - Class A - basic (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 Net income per common share - Class A - diluted (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 Net income per common share - Class B - basic (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 Net income per common share - Class B - diluted (1) $ 0.03 $ 0.08 $ 0.03 $ — $ 0.07 $ 0.02 $ 0.39 $ 0.42 _______________________ (1) The sum of the four quarters may differ from the annual amount due to rounding.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Lease, Cost	For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361
Assets And Liabilities Of Lessee	The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC
Lessee, Operating Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 %
Finance Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 %

Commitments and Contingencies_2

Commitments and Contingencies - REIT (Tables)	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Lease, Cost	For the year ended in December 31, 2019, components of the Company's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 3,119 Finance lease costs - interest 242 Total lease costs $ 3,361
Assets And Liabilities Of Lessee	The Company’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 4,863 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 12,590 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC
Lessee, Operating Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 %
Finance Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 2,899 $ 386 2021 2,220 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 84,567 $ 5,080 Total discounted lease liability $ 12,590 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,977 $ 1,701 Weighted-average remaining lease term 43 years 12 years Weighted-average discount rate 6.3 % 7.0 %
ESH Hospitality, Inc.
Entity Information [Line Items]
Lease, Cost	For the year ended in December 31, 2019, components of ESH REIT's total lease costs are as follows (in thousands): Year Ended December 31, 2019 Operating lease costs $ 1,348 Finance lease costs - interest 242 Total lease costs $ 1,590
Assets And Liabilities Of Lessee	ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): December 31, 2019 2018 (4) Right-of-use assets: Operating (1) $ 2,084 $ — Finance (2) 3,979 3,843 Lease liabilities: Operating (3) 9,207 — Finance 3,379 3,360 _________________________________ (1) Included in other assets on the accompanying consolidated balance sheets. (2) Included in property and equipment, net on the accompanying consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying consolidated balance sheets. (4) Finance lease right-of-use assets and liabilities as of December 31, 2018, were previously classified as capital lease assets and liabilities under ASC 840, Leases
Lessee, Operating Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 779 $ 386 2021 784 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 81,011 $ 5,080 Total discounted lease liability $ 9,207 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,804 $ 1,701 Weighted-average remaining lease term 58 years 12 years Weighted-average discount rate 6.6 % 7.0 %
Finance Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases 2020 $ 779 $ 386 2021 784 395 2022 806 397 2023 545 400 2024 503 402 Thereafter 77,594 3,100 Total $ 81,011 $ 5,080 Total discounted lease liability $ 9,207 $ 3,379 Difference between undiscounted cash flows and discounted cash flows $ 71,804 $ 1,701 Weighted-average remaining lease term 58 years 12 years Weighted-average discount rate 6.6 % 7.0 %

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Schedule of Unrecognized Compensation Expense	Total unrecognized compensation expense will be adjusted for forfeitures and the achievement of certain market-based conditions. Unrecognized Remaining Weighted- RSUs with service vesting conditions $ 10,180 1.6 RSUs with market vesting conditions 1,878 1.7 Total unrecognized compensation expense $ 12,058
Summary of Restricted Stock Award and Restricted Stock Unit Activity	RSU activity during the years ended December 31, 2019, 2018 and 2017, was as follows: Performance-Based Awards Service-Based Awards Performance Vesting Market Vesting Number of Weighted- Average Grant- Date Fair Value (1) Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value (1) Outstanding at January 1, 2017 892 $ 16.93 119 $ 14.07 972 $ 9.01 Granted 272 $ 17.51 192 $ 17.45 104 $ 18.58 Settled (417) $ 17.75 (119) $ 14.07 — $ — Forfeited (145) $ 15.13 (39) $ 17.45 (865) $ 8.35 Outstanding at December 31, 2017 602 $ 17.06 153 $ 17.45 211 $ 16.46 Granted 401 $ 19.42 57 $ 19.52 204 $ 17.41 Settled (399) $ 17.46 (153) $ 17.45 (41) $ 20.76 Forfeited (81) $ 18.05 (25) $ 19.52 (77) $ 15.36 Outstanding at December 31, 2018 523 $ 18.42 32 $ 19.52 297 $ 16.79 Granted 687 $ 16.02 24 $ 17.20 247 $ 15.35 Settled (249) $ 18.03 (33) $ 19.46 (53) $ 12.36 Forfeited (33) $ 17.86 (23) $ 17.20 (236) $ 16.52 Outstanding at December 31, 2019 928 $ 16.77 — $ — 255 $ 16.56 Vested at December 31, 2019 38 $ 15.52 — $ — 45 $ 18.58 Nonvested at December 31, 2019 890 $ 16.82 — $ — 210 $ 16.11 Vested at December 31, 2018 7 $ 19.11 32 $ 19.52 50 $ 12.03 Nonvested at December 31, 2018 516 $ 18.41 — $ — 247 $ 17.75 _____________________ (1) An independent valuation was performed contemporaneously with the issuance of grants.
Summary of Key Assumptions Used for Fair Value Computation	During the year ended December 31, 2019, the grant-date fair value of awards with market vesting conditions were calculated using a Monte Carlo simulation model with the following key assumptions: Expected holding period 2.90 years Risk–free rate of return 2.46 % Expected dividend yield 5.12 %

Equity-Based Compensation - R_2

Equity-Based Compensation - REIT- (Tables)	12 Months Ended
	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Restricted Stock Award and Restricted Stock Unit Activity	RSU activity during the years ended December 31, 2019, 2018 and 2017, was as follows: Performance-Based Awards Service-Based Awards Performance Vesting Market Vesting Number of Weighted- Average Grant- Date Fair Value (1) Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value (1) Outstanding at January 1, 2017 892 $ 16.93 119 $ 14.07 972 $ 9.01 Granted 272 $ 17.51 192 $ 17.45 104 $ 18.58 Settled (417) $ 17.75 (119) $ 14.07 — $ — Forfeited (145) $ 15.13 (39) $ 17.45 (865) $ 8.35 Outstanding at December 31, 2017 602 $ 17.06 153 $ 17.45 211 $ 16.46 Granted 401 $ 19.42 57 $ 19.52 204 $ 17.41 Settled (399) $ 17.46 (153) $ 17.45 (41) $ 20.76 Forfeited (81) $ 18.05 (25) $ 19.52 (77) $ 15.36 Outstanding at December 31, 2018 523 $ 18.42 32 $ 19.52 297 $ 16.79 Granted 687 $ 16.02 24 $ 17.20 247 $ 15.35 Settled (249) $ 18.03 (33) $ 19.46 (53) $ 12.36 Forfeited (33) $ 17.86 (23) $ 17.20 (236) $ 16.52 Outstanding at December 31, 2019 928 $ 16.77 — $ — 255 $ 16.56 Vested at December 31, 2019 38 $ 15.52 — $ — 45 $ 18.58 Nonvested at December 31, 2019 890 $ 16.82 — $ — 210 $ 16.11 Vested at December 31, 2018 7 $ 19.11 32 $ 19.52 50 $ 12.03 Nonvested at December 31, 2018 516 $ 18.41 — $ — 247 $ 17.75 _____________________ (1) An independent valuation was performed contemporaneously with the issuance of grants.
ESH Hospitality, Inc.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Restricted Stock Award and Restricted Stock Unit Activity	RSU activity, all of which relates to awards with service vesting conditions, during the years ended December 31, 2019, 2018 and 2017, was as follows: Number of RSUs (in thousands) Weighted- Average Grant- Date Fair Value Outstanding at January 1, 2017 28 $ 14.57 Granted 26 $ 17.56 Settled (15) $ 13.66 Forfeited — $ — Outstanding at December 31, 2017 39 $ 16.91 Granted 28 $ 19.48 Settled (34) $ 17.32 Forfeited — $ — Outstanding at December 31, 2018 33 $ 18.68 Granted 31 $ 17.32 Settled (33) $ 18.68 Forfeited — $ — Outstanding at December 31, 2019 31 $ 17.32 Vested at December 31, 2019 — $ — Nonvested at December 31, 2019 31 $ 17.32 Vested at December 31, 2018 — $ — Nonvested at December 31, 2018 33 $ 18.68

Related Party Transactions - _2

Related Party Transactions - REIT (Tables) - ESH Hospitality, Inc.	12 Months Ended
	Dec. 31, 2019
Entity Information [Line Items]
Schedule of Related Party Transaction Balances	ESH REIT's fixed and variable rental revenues for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands): Years Ending December 31, 2019 2018 2017 Fixed rental revenues $ 472,523 $ 450,277 $ 461,162 Variable rental revenues (1) 177,375 217,151 222,338 ______________________ (1) Regardless of whether cash rental payments are received, ESH REIT only recognizes revenue when a lessee's revenue exceeds specific thresholds stated in the lease. Related party transaction balances as of December 31, 2019 and 2018, include the following (in thousands): December 31, 2019 December 31, 2018 Leases: Rents receivable (1) $ 1,572 $ 4,098 Deferred rents receivable (2) $ 28,917 $ 8,637 Unearned rental revenues (1) $ (38,770) $ (37,506) Working capital and other: Ordinary working capital (3) $ (12,160) $ (12,581) Equity awards receivable (4) 322 404 Total working capital and other, net (5) $ (11,838) $ (12,177) ______________________ (1) Rents receivable relate to percentage rents. As of December 31, 2019 and 2018, unearned rental revenues relate to January 2020 and 2019 fixed minimum rent, respectively. (2) Revenues recognized in excess of cash rents received. (3) Disbursements and/or receipts made by the Corporation or ESH REIT on the other entity’s behalf and amounts payable/receivable for certain transactions between the Corporation and ESH REIT. Includes overhead costs incurred by the Corporation on ESH REIT’s behalf. (4) Amounts related to restricted stock units not yet settled or issued. (5) Outstanding balances are typically repaid within 30 days.
Schedule of Future Fixed Rental Payments	Future fixed rental payments to be received under current remaining noncancelable lease terms are as follows (in thousands): Years Ending December 31, 2020 $ 466,586 2021 478,567 2022 490,566 2023 418,795 2024 — Total $ 1,854,514

Business, Organization and Ba_3

Business, Organization and Basis of Consolidation - Additional Information (Detail)	Dec. 31, 2019RoomStateHotel$ / sharesshares	Dec. 31, 2018HotelRoomState$ / sharesshares
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	179,483,397	188,219,605
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
U.S.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of states in which the company owns hotels | State	40	40
U.S. | Hotel
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of Hotels | Hotel	557	554
Number of Rooms | Room	61,900	61,500
Number of real estate properties | Hotel	73	73
Number of units in real estate property | Room	7,500	7,500
Number of real estate properties owned or managed by the Company | Hotel	630
Common Class A | ESH REIT
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	250,500,000	250,500,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Common Class A | ESH REIT | Extended Stay America, Inc.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Approximate percentage of ownership of common stock	58.00%	57.00%
Common Class B
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	1
Common stock, par value (in dollars per share) | $ / shares	$ 0.01
Common Class B | ESH REIT
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	179,500,000	188,200,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.01

Business, Organization and Ba_4

Business, Organization and Basis of Consolidation - REIT - Additional Information (Detail)	Dec. 31, 2019HotelStateRoom$ / sharesshares	Dec. 31, 2018RoomStateHotel$ / sharesshares
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	179,483,397	188,219,605
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
U.S.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of states in which the company owns hotels | State	40	40
U.S. | Hotel
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of Hotels | Hotel	557	554
Number of Rooms | Room	61,900	61,500
Common Class B
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	1
Common stock, par value (in dollars per share) | $ / shares	$ 0.01
ESH Hospitality, Inc.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	1
Common stock, par value (in dollars per share) | $ / shares	$ 0.01
ESH Hospitality, Inc. | U.S. | Hotel
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of states in which the company owns hotels | State	40	40
Number of Rooms | Room	61,900	61,500
ESH Hospitality, Inc. | ESH Hospitality, Inc.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Approximate percentage of ownership of common stock	58.00%	57.00%
ESH Hospitality, Inc. | Common Class B
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (in shares) | shares	179,483,397	188,219,605
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Depreciation and Amortization of Estimated Useful Lives (Detail)	12 Months Ended
	Dec. 31, 2019
Customer Relationships
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
Hotel Buildings | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Hotel Buildings | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	49 years
Hotel Building Improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	4 years
Hotel Building Improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Hotel Site Improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Hotel Site Improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
Hotel Furniture Fixtures And Equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	2 years
Hotel Furniture Fixtures And Equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Corporation Office Furniture Fixtures, Equipment, Software And Other | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Corporation Office Furniture Fixtures, Equipment, Software And Other | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2019USD ($)segment	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)Hotel	Jan. 01, 2019USD ($)	May 31, 2017Hotel
Summary Of Significant Accounting Policies [Line Items]
Impairment charges intangible assets	$ 0	$ 0	$ 0
Number of operating segments | segment	2
Impairment charges goodwill	$ 0	0	0
Advertising costs	29,400,000	25,900,000	$ 23,000,000
Liabilities for high-deductible insurance programs	$ 40,600,000	$ 52,800,000
Distribution subject to income tax (as a percent)	58.00%
Distributed portion of taxable income (as a percent)	100.00%	100.00%	100.00%
Foreign currency translation gains (losses)			$ 14,500,000
Foreign currency transaction (gain) loss	$ (391,000)	$ 443,000	$ (713,000)
Compensation expense equity awards	0
Operating	4,863,000
Total discounted lease liability	12,590,000
Finance	3,979,000
Total discounted lease liability	$ 3,379,000
Accounting Standards Update 2016-02
Summary Of Significant Accounting Policies [Line Items]
Operating				$ 7,100,000
Total discounted lease liability				14,500,000
Finance				3,800,000
Total discounted lease liability				$ 3,400,000
Hotel | Disposed of by Sale | Extended Stay Canada
Summary Of Significant Accounting Policies [Line Items]
Number of Hotels | Hotel					3
Hotel | CANADA | Disposed of by Sale | Extended Stay Canada
Summary Of Significant Accounting Policies [Line Items]
Number of Hotels | Hotel			3

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - REIT - Depreciation and Amortization of Estimated Useful Lives (Detail)	12 Months Ended
	Dec. 31, 2019
Hotel Buildings | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Hotel Buildings | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	49 years
Hotel Building Improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	4 years
Hotel Building Improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Hotel Site Improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Hotel Site Improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
Hotel Furniture Fixtures And Equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	2 years
Hotel Furniture Fixtures And Equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
ESH Hospitality, Inc. | Hotel Buildings | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
ESH Hospitality, Inc. | Hotel Buildings | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	49 years
ESH Hospitality, Inc. | Hotel Building Improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	4 years
ESH Hospitality, Inc. | Hotel Building Improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
ESH Hospitality, Inc. | Hotel Site Improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
ESH Hospitality, Inc. | Hotel Site Improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
ESH Hospitality, Inc. | Hotel Furniture Fixtures And Equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	2 years
ESH Hospitality, Inc. | Hotel Furniture Fixtures And Equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years

Summary of Significant Accou_10

Summary of Significant Accounting Policies - REIT - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2019USD ($)segment	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)Hotel	Jan. 01, 2019USD ($)	Feb. 28, 2018Hotel	May 31, 2017Hotel
Summary Of Significant Accounting Policies [Line Items]
Number of operating segments | segment	2
Impairment charges goodwill	$ 0	$ 0	$ 0
Distributed portion of taxable income (as a percent)	100.00%	100.00%	100.00%
Foreign currency translation gains (losses)			$ 14,500,000
Foreign currency transaction (gain) loss	$ (391,000)	$ 443,000	$ (713,000)
Compensation expense equity awards	0
Operating lease right-of-use asset	4,863,000
Operating lease liability	12,590,000
Finance lease right-of-use asset	3,979,000
Finance lease liability	$ 3,379,000
Accounting Standards Update 2016-02
Summary Of Significant Accounting Policies [Line Items]
Operating lease right-of-use asset				$ 7,100,000
Operating lease liability				14,500,000
Finance lease right-of-use asset				3,800,000
Finance lease liability				3,400,000
Hotel | Disposed of by Sale | Extended Stay Canada
Summary Of Significant Accounting Policies [Line Items]
Number of Hotels | Hotel						3
Hotel | CANADA | Disposed of by Sale | Extended Stay Canada
Summary Of Significant Accounting Policies [Line Items]
Number of Hotels | Hotel			3
ESH Hospitality, Inc.
Summary Of Significant Accounting Policies [Line Items]
Number of operating segments | segment	1
Impairment charges goodwill	$ 0	$ 0	$ 0
Distributed portion of taxable income (as a percent)	100.00%	100.00%	100.00%
Foreign currency translation gains (losses)			$ (12,500,000)
Foreign currency transaction (gain) loss	$ (310,000)	$ 340,000	$ (541,000)
Compensation expense equity awards	0
Operating lease right-of-use asset	2,084,000
Operating lease liability	9,207,000
Finance lease right-of-use asset	3,979,000
Finance lease liability	$ 3,379,000
ESH Hospitality, Inc. | Accounting Standards Update 2016-02
Summary Of Significant Accounting Policies [Line Items]
Operating lease right-of-use asset				2,800,000
Operating lease liability				9,300,000
Finance lease right-of-use asset				3,800,000
Finance lease liability				$ 3,400,000
ESH Hospitality, Inc. | Hotel | Disposed of by Sale
Summary Of Significant Accounting Policies [Line Items]
Number of Hotels | Hotel					25
ESH Hospitality, Inc. | Hotel | CANADA | Disposed of by Sale
Summary Of Significant Accounting Policies [Line Items]
Number of Hotels | Hotel						3
ESH Hospitality, Inc. | Hotel | CANADA | Disposed of by Sale | Extended Stay Canada
Summary Of Significant Accounting Policies [Line Items]
Number of Hotels | Hotel			3

Net Income Per Share - Calculat

Net Income Per Share - Calculations of Basic and Diluted Net Income Per Share, Including a Reconciliation of Numerators and Denominators (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Numerator:
Net Income (Loss) Available to Common Stockholders, Basic	$ (46,834)	$ 41,071	$ 53,497	$ 21,934	$ (38,946)	$ 71,902	$ 65,056	$ 14,852	$ 69,668	$ 112,864	$ 78,847
Income attributable to noncontrolling interests assuming conversion									(82)	(128)	(392)
Net income available to Extended Stay America, Inc. common shareholders - diluted									$ 69,586	$ 112,736	$ 78,455
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic (in shares)									186,546	189,389	193,101
Dilutive securities (in shares)									276	432	569
Weighted-average number of common shares outstanding - diluted (in shares)									186,822	189,821	193,670
Net income per common share-basic (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.60	$ 0.41
Net income per common share-diluted (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.59	$ 0.41

Net Income Per Share - REIT - C

Net Income Per Share - REIT - Calculations of Basic and Diluted Net Income Per Share, Including a Reconciliation of Numerators and Denominators (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Numerator:
NET INCOME	$ 23,846	$ 53,230	$ 59,658	$ 28,404	$ 39,399	$ 75,692	$ 65,570	$ 31,095	$ 165,138	$ 211,756	$ 172,188
Net Income (Loss) Available to Common Stockholders, Basic	$ (46,834)	$ 41,071	$ 53,497	$ 21,934	$ (38,946)	$ 71,902	$ 65,056	$ 14,852	69,668	112,864	78,847
Dilutive Securities, Effect on Basic Earnings Per Share									(82)	(128)	(392)
Net income available to Extended Stay America, Inc. common shareholders - diluted									$ 69,586	$ 112,736	$ 78,455
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Basic (in shares)									186,546	189,389	193,101
Dilutive securities (in shares)									276	432	569
Weighted-average number of common shares outstanding - diluted (in shares)									186,822	189,821	193,670
Basic (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.60	$ 0.41
Diluted (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.59	$ 0.41
Anti-dilutive securities excluded from net income per common share - Class B - diluted (in shares)	300				400
ESH Hospitality, Inc.
Numerator:
NET INCOME	$ 168,005	$ 28,467	$ 14,349	$ 15,066	$ 182,537	$ 8,821	$ 1,190	$ 37,581	$ 225,887	$ 230,129	$ 214,984
Less preferred dividends									(16)	(16)	(16)
Net Income (Loss) Available to Common Stockholders, Basic									225,871	230,113	214,968
ESH Hospitality, Inc. | Common Class A
Numerator:
Net Income (Loss) Available to Common Stockholders, Basic									129,460	131,039	121,627
Dilutive Securities, Effect on Basic Earnings Per Share									(82)	(128)	(392)
Net income available to Extended Stay America, Inc. common shareholders - diluted									$ 129,378	$ 130,911	$ 121,235
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Weighted average number of common shares outstanding - basic and diluted (in shares)									250,494	250,494	250,494
Weighted-average number of common shares outstanding - diluted (in shares)									250,494	250,494	250,494
Basic (in dollars per share)	$ 0.39	$ 0.07	$ 0.03	$ 0.03	$ 0.42	$ 0.02	$ 0	$ 0.08	$ 0.52	$ 0.52	$ 0.49
Diluted (in dollars per share)	0.39	0.07	0.03	0.03	0.42	0.02	0	0.08	$ 0.52	$ 0.52	$ 0.48
ESH Hospitality, Inc. | Common Class B
Numerator:
Net Income (Loss) Available to Common Stockholders, Basic									$ 96,411	$ 99,074	$ 93,341
Dilutive Securities, Effect on Basic Earnings Per Share									82	128	0
Net income available to Extended Stay America, Inc. common shareholders - diluted									$ 96,493	$ 99,202	$ 93,341
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Basic (in shares)									186,546	189,389	193,101
Dilutive securities (in shares)									276	432	0
Weighted-average number of common shares outstanding - diluted (in shares)									186,822	189,821	193,101
Basic (in dollars per share)	0.39	0.07	0.03	0.03	0.42	0.02	0	0.08	$ 0.52	$ 0.52	$ 0.48
Diluted (in dollars per share)	$ 0.39	$ 0.07	$ 0.03	$ 0.03	$ 0.42	$ 0.02	$ 0	$ 0.08	$ 0.52	$ 0.52	$ 0.48
Anti-dilutive securities excluded from net income per common share - Class B - diluted (in shares)									0	0	569

Hotel Acquisitions and Dispos_5

Hotel Acquisitions and Dispositions - Additional Information (Detail) - ESH REIT $ in Millions	Nov. 12, 2019USD ($)Room	May 30, 2018USD ($)Room
Crestwood Suites Of Lakeland, LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration | $	$ 10
Crestwood Suites Of Lakeland, LLC | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Rooms | Room	121
Crestwood Suites Of Lakeland, LLC | Minimum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life	5 years
Crestwood Suites Of Lakeland, LLC | Maximum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life	44 years
Legacy Rock Hill, LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration | $		$ 13
Legacy Rock Hill, LLC | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Rooms | Room		115
Legacy Rock Hill, LLC | Minimum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life		4 years
Legacy Rock Hill, LLC | Maximum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life		49 years

Hotel Acquisitions and Dispos_6

Hotel Acquisitions and Dispositions - Income From Acquirees (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total room and other hotel revenues									$ 1,218,219	$ 1,275,059	$ 1,282,725
Total operating expenses									896,425	940,269	934,582
Income before income tax expense	$ 57,055	$ 100,367	$ 100,451	$ 63,953	$ 75,242	$ 121,462	$ 112,504	$ 68,729	321,826	377,937	$ 361,075
2018 And 2019 Acquisitions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total operating expenses									1,868	966
Income before income tax expense									135	140
2018 And 2019 Acquisitions | Occupancy Hotel and Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total room and other hotel revenues									$ 2,003	$ 1,106

Hotel Acquisitions and Dispos_7

Hotel Acquisitions and Dispositions Hotel Acquisitions and Dispositions - Summary of Hotel Dispositions (Details) $ in Thousands, $ in Millions	Sep. 28, 2018USD ($)RoomHotel	Sep. 25, 2018USD ($)RoomHotel	Nov. 30, 2018USD ($)HotelRoom	Mar. 31, 2018USD ($)	Feb. 28, 2018USD ($)HotelRoom	Dec. 31, 2017USD ($)	May 31, 2017USD ($)RoomHotel	Dec. 31, 2017CAD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2019USD ($)Hotel	Dec. 31, 2018CAD ($)RoomHotel	Dec. 31, 2018USD ($)RoomHotel	Dec. 31, 2017CAD ($)	Dec. 31, 2017USD ($)	Mar. 31, 2019HotelRoom
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net Proceeds										$ 0		$ 309,062		$ 63,936
Impairment of long-lived assets										$ 2,679		$ 43,600		$ 25,169
Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accumulated foreign currency translation loss									$ 14,500
Impairment of long-lived assets								$ 12.4			$ 37.4		$ 19.2
Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties sold | Hotel										0
Extended Stay America | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel	16	16	14		25						1	1			1
Number of Rooms | Room	1,772	1,677	1,386		2,420						160	160			101
Net Proceeds	$ 58,144	$ 60,710	$ 34,855	$ 44,090	$ 111,156	$ 15,985
Gain (Loss) on Sale	(3,014)	6,293	1,331	$ 31,058	6,810	$ 11,870
Impairment charges	$ 6,300	$ 24,300	$ 16,800		$ 2,100
Extended Stay Canada | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel							3
Number of Rooms | Room							500
Net Proceeds							$ 43,551
Gain (Loss) on Sale							$ (1,894)
Other Hotel Brand | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel							1
Number of Rooms | Room							101
Net Proceeds							$ 5,092
Gain (Loss) on Sale							(2)
Impairment charges							$ 1,700

Hotel Acquisitions and Dispos_8

Hotel Acquisitions and Dispositions - Summary of Revenues and Expenses (Detail) $ in Thousands, $ in Millions	3 Months Ended								8 Months Ended	12 Months Ended
	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017CAD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018CAD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017CAD ($)	Dec. 31, 2017USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
REVENUE	$ 284,198	$ 332,695	$ 323,657	$ 277,669	$ 289,715	$ 351,076	$ 336,501	$ 297,767
Impairment charges										$ 2,679		$ 43,600		$ 25,169
Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
REVENUE												53,494		102,593
Total operating expenses												83,336		104,511
Income before income tax expense												$ (29,842)		$ (1,605)
Impairment charges									$ 12.4		$ 37.4		$ 19.2

Hotel Acquisitions and Dispos_9

Hotel Acquisitions and Dispositions - REIT - Additional Information (Detail) $ in Millions	Nov. 12, 2019USD ($)Room	May 30, 2018USD ($)Room	Dec. 31, 2019Hotel	Feb. 28, 2018Room
Disposed of by Sale | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties sold | Hotel			0
ESH Hospitality, Inc. | Disposed of by Sale | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Rooms				2,420
Number of properties sold | Hotel			0
ESH Hospitality, Inc. | Crestwood Suites Of Lakeland, LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration | $	$ 10
ESH Hospitality, Inc. | Crestwood Suites Of Lakeland, LLC | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Rooms	121
ESH Hospitality, Inc. | Crestwood Suites Of Lakeland, LLC | Minimum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life	5 years
ESH Hospitality, Inc. | Crestwood Suites Of Lakeland, LLC | Maximum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life	44 years
ESH Hospitality, Inc. | Legacy Rock Hill, LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration | $		$ 13
ESH Hospitality, Inc. | Legacy Rock Hill, LLC | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Rooms		115
ESH Hospitality, Inc. | Legacy Rock Hill, LLC | Minimum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life		4 years
ESH Hospitality, Inc. | Legacy Rock Hill, LLC | Maximum | Building and improvements | Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated useful life		49 years

Hotel Acquisitions and Dispo_10

Hotel Acquisitions and Dispositions - REIT- Summary of Acquisitions (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Total operating expenses									$ 896,425	$ 940,269	$ 934,582
Income before income tax expense	$ 57,055	$ 100,367	$ 100,451	$ 63,953	$ 75,242	$ 121,462	$ 112,504	$ 68,729	321,826	377,937	361,075
ESH Hospitality, Inc.
Business Acquisition [Line Items]
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 12)	274,336	139,455	118,102	118,005	299,588	142,977	111,532	113,331	649,898	667,428	683,500
Total operating expenses									295,006	307,647	345,826
Income before income tax expense	$ 200,038	$ 65,516	$ 44,489	$ 44,864	$ 211,658	$ 39,578	$ 34,253	$ 69,313	354,907	354,802	$ 346,909
2018 And 2019 Acquisitions
Business Acquisition [Line Items]
Total operating expenses									1,868	966
Income before income tax expense									135	140
2018 And 2019 Acquisitions | ESH Hospitality, Inc.
Business Acquisition [Line Items]
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 12)									1,087	728
Total operating expenses									882	475
Income before income tax expense									$ 205	$ 253

Hotel Acquisitions and Dispo_11

Hotel Acquisitions and Dispositions - REIT - Summary of Hotel Dispositions (Details) $ in Thousands	1 Months Ended						8 Months Ended	12 Months Ended
	Nov. 30, 2018USD ($)HotelRoom	Sep. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Feb. 28, 2018USD ($)HotelRoom	Dec. 31, 2017USD ($)RoomHotel	May 31, 2017USD ($)HotelRoom	Dec. 31, 2017USD ($)RoomHotel	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)RoomHotel	Sep. 30, 2019HotelRoom	Mar. 31, 2019HotelRoom
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net Proceeds								$ 0	$ 309,062	$ 63,936
Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accumulated foreign currency translation loss							$ 14,500
Extended Stay Canada | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel						3
Number of Rooms | Room						500
Net Proceeds						$ 43,551
Gain (Loss) on Sale						$ (1,894)
CANADA | Extended Stay Canada | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel					3		3			3
ESH Hospitality, Inc.
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net Proceeds								$ 0	309,062	$ 57,989
ESH Hospitality, Inc. | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment charges									$ 15,000
ESH Hospitality, Inc. | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel				25
Number of Rooms | Room				2,420
Net Proceeds				$ 111,156
Gain (Loss) on Sale				$ 4,269
ESH Hospitality, Inc. | Various 1 | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel	14										16
Number of Rooms | Room	1,386										1,677
Net Proceeds	$ 34,855	$ 60,710
Gain (Loss) on Sale	$ (14,930)	(17,025)
ESH Hospitality, Inc. | Various 2 | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel											16
Number of Rooms | Room											1,772
Net Proceeds		58,144
Gain (Loss) on Sale		$ (8,934)
ESH Hospitality, Inc. | TEXAS | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel												1
Number of Rooms | Room												101
Net Proceeds			$ 44,090
Gain (Loss) on Sale			$ 30,992
ESH Hospitality, Inc. | COLORADO | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel					1		1			1
Number of Rooms | Room					160		160			160
Net Proceeds					$ 15,985
Gain (Loss) on Sale					$ (1,507)
ESH Hospitality, Inc. | CANADA | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel						3
Number of Rooms | Room						500
Net Proceeds						$ 43,551
Gain (Loss) on Sale						$ (1,767)
ESH Hospitality, Inc. | CANADA | Extended Stay Canada | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel					3		3			3
Accumulated foreign currency translation loss										$ 12,500
Impairment charges										$ 15,000
ESH Hospitality, Inc. | MASSACHUSETTS | Hotel | Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Hotels | Hotel						1
Number of Rooms | Room						101
Net Proceeds						$ 5,092
Gain (Loss) on Sale						$ 11,836

Hotel Acquisitions and Dispo_12

Hotel Acquisitions and Dispositions - REIT - Summary of Revenues and Expenses (Detail) - Disposed of by Sale - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total operating expenses	$ 83,336	$ 104,511
Income before income tax expense	(29,842)	(1,605)
ESH Hospitality, Inc.
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment charges	15,000
Rental revenues from Extended Stay America, Inc.	22,346	54,097
Total operating expenses	15,917	48,858
Income before income tax expense	$ 6,429	$ 5,552

Property and Equipment - Net In

Property and Equipment - Net Investment in Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Total cost	$ 4,867,499
Less accumulated depreciation:	(1,373,950)
Property and equipment—net	3,493,549
Total cost		$ 4,671,737
Less accumulated depreciation	(1,373,950)	(1,218,105)
Property and equipment—net	3,493,549	3,453,632
Finance	3,979
Land and Site Improvements
Property, Plant and Equipment [Line Items]
Total cost	1,228,231
Total cost		1,215,710
Finance	3,200
Capital lease asset		3,200
Building and improvements
Property, Plant and Equipment [Line Items]
Total cost	2,792,579
Total cost		2,729,661
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total cost	745,145
Total cost		674,545
Total hotel properties
Property, Plant and Equipment [Line Items]
Total cost	4,765,955
Less accumulated depreciation:	(1,353,772)
Total cost		4,619,916
Less accumulated depreciation		(1,201,260)
Development in process
Property, Plant and Equipment [Line Items]
Total cost	70,864
Total cost		27,174
Finance	800
Capital lease asset		600
Corporate furniture, fixtures, equipment, software and other
Property, Plant and Equipment [Line Items]
Total cost	30,680
Less accumulated depreciation:	$ (20,178)
Total cost		24,647
Less accumulated depreciation		$ (16,845)

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) $ in Thousands	1 Months Ended	12 Months Ended
	Sep. 30, 2018USD ($)	Dec. 31, 2019USD ($)RoomParcelHotel	Dec. 31, 2018USD ($)HotelParcel	Dec. 31, 2017USD ($)Hotel
Property, Plant and Equipment [Line Items]
Impairment charges		$ 2,679	$ 43,600	$ 25,169
Fair Value, Inputs, Level 3
Property, Plant and Equipment [Line Items]
Impairment charges		$ 2,700	$ 43,600	$ 25,200
Number of hotels impaired | Hotel		1	21	9
Fair Value, Inputs, Level 3 | Minimum
Property, Plant and Equipment [Line Items]
Fair value inputs, terminal capitalization rate (as a percent)		7.00%
Fair Value, Inputs, Level 3 | Maximum
Property, Plant and Equipment [Line Items]
Fair value inputs, terminal capitalization rate (as a percent)		11.00%
Fair Value, Inputs, Level 3 | Measurement Input, Discount Rate | Minimum
Property, Plant and Equipment [Line Items]
Fair value inputs, discount rate (as a percent)		6.00%
Fair Value, Inputs, Level 3 | Measurement Input, Discount Rate | Maximum
Property, Plant and Equipment [Line Items]
Fair value inputs, discount rate (as a percent)		10.00%
CANADA | Fair Value, Inputs, Level 3
Property, Plant and Equipment [Line Items]
Impairment charges				$ 12,400
Legacy Greenville | ESH REIT
Property, Plant and Equipment [Line Items]
Cash consideration	$ 12,300
Hotel | FLORIDA
Property, Plant and Equipment [Line Items]
Number of Rooms | Room		124
Hotel | ARIZONA
Property, Plant and Equipment [Line Items]
Number of Rooms | Room		136
Development in process
Property, Plant and Equipment [Line Items]
Number of land parcels | Parcel		15	11

Property, Plant and Equipment -

Property, Plant and Equipment - New Construction (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenues									$ 1,218,219	$ 1,275,059	$ 1,282,725
Operating expenses									896,425	940,269	934,582
Income from operations	$ 57,055	$ 100,367	$ 100,451	$ 63,953	$ 75,242	$ 121,462	$ 112,504	$ 68,729	321,826	377,937	$ 361,075
New Construction
Disaggregation of Revenue [Line Items]
Operating expenses									1,856	201
Income from operations									343	(49)
Occupancy Hotel and Other | New Construction
Disaggregation of Revenue [Line Items]
Revenues									$ 2,199	$ 152

Property and Equipment - REIT -

Property and Equipment - REIT - Net Investment in Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Total cost	$ 4,867,499
Less accumulated depreciation:	(1,373,950)
Property and equipment—net	3,493,549
Total cost		$ 4,671,737
Less accumulated depreciation	(1,373,950)	(1,218,105)
Property and equipment—net	3,493,549	3,453,632
Finance	3,979
Land and Site Improvements
Property, Plant and Equipment [Line Items]
Total cost	1,228,231
Total cost		1,215,710
Finance	3,200
Capital lease asset		3,200
Building and improvements
Property, Plant and Equipment [Line Items]
Total cost	2,792,579
Total cost		2,729,661
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total cost	745,145
Total cost		674,545
Total hotel properties
Property, Plant and Equipment [Line Items]
Total cost	4,765,955
Less accumulated depreciation:	(1,353,772)
Total cost		4,619,916
Less accumulated depreciation		(1,201,260)
Development in process
Property, Plant and Equipment [Line Items]
Total cost	70,864
Total cost		27,174
Finance	800
Capital lease asset		600
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	4,878,615
Less accumulated depreciation:	(1,372,595)
Property and equipment—net	3,506,020
Total cost		4,683,544
Less accumulated depreciation	(1,372,595)	(1,215,899)
Property and equipment—net	3,506,020	3,467,645
Finance	3,979
ESH Hospitality, Inc. | Land and Site Improvements
Property, Plant and Equipment [Line Items]
Total cost	1,230,598
Total cost		1,218,077
Finance	3,200
Capital lease asset		3,200
ESH Hospitality, Inc. | Building and improvements
Property, Plant and Equipment [Line Items]
Total cost	2,824,061
Total cost		2,756,674
ESH Hospitality, Inc. | Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total cost	751,417
Total cost		679,944
ESH Hospitality, Inc. | Total hotel properties
Property, Plant and Equipment [Line Items]
Total cost	4,806,076
Total cost		4,654,695
ESH Hospitality, Inc. | Development in process
Property, Plant and Equipment [Line Items]
Total cost	70,864
Total cost		27,174
Finance	800
Capital lease asset		600
ESH Hospitality, Inc. | Other
Property, Plant and Equipment [Line Items]
Total cost	$ 1,675
Total cost		$ 1,675

Property and Equipment - REIT_2

Property and Equipment - REIT - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Sep. 30, 2018USD ($)	Dec. 31, 2019USD ($)ParcelRoom	Dec. 31, 2018USD ($)Parcel	Dec. 31, 2017USD ($)
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets		$ 2,679,000	$ 43,600,000	$ 25,169,000
Fair Value, Inputs, Level 3
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets		$ 2,700,000	$ 43,600,000	25,200,000
Fair Value, Inputs, Level 3 | Minimum
Property, Plant and Equipment [Line Items]
Fair value inputs, terminal capitalization rate (as a percent)		7.00%
Fair Value, Inputs, Level 3 | Maximum
Property, Plant and Equipment [Line Items]
Fair value inputs, terminal capitalization rate (as a percent)		11.00%
Fair Value, Inputs, Level 3 | Measurement Input, Discount Rate | Minimum
Property, Plant and Equipment [Line Items]
Fair value inputs, discount rate (as a percent)		6.00%
Fair Value, Inputs, Level 3 | Measurement Input, Discount Rate | Maximum
Property, Plant and Equipment [Line Items]
Fair value inputs, discount rate (as a percent)		10.00%
CANADA | Fair Value, Inputs, Level 3
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets				12,400,000
ARIZONA | Hotel
Property, Plant and Equipment [Line Items]
Number of Rooms | Room		136
FLORIDA | Hotel
Property, Plant and Equipment [Line Items]
Number of Rooms | Room		124
Development in process
Property, Plant and Equipment [Line Items]
Number of land parcels | Parcel		15	11
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets		$ 0	$ 0	15,046,000
ESH Hospitality, Inc. | CANADA
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets				$ 15,000,000
ESH Hospitality, Inc. | ARIZONA | Hotel
Property, Plant and Equipment [Line Items]
Number of Rooms | Room		136
ESH Hospitality, Inc. | FLORIDA | Hotel
Property, Plant and Equipment [Line Items]
Number of Rooms | Room		124
ESH Hospitality, Inc. | Legacy Greenville
Property, Plant and Equipment [Line Items]
Cash consideration	$ 12,300,000
ESH Hospitality, Inc. | Development in process
Property, Plant and Equipment [Line Items]
Number of land parcels | Parcel		15	11

Property and Equipment - REIT_3

Property and Equipment - REIT - Schedule of Newly Built Hotels (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Operating expenses									$ 896,425	$ 940,269	$ 934,582
Income from operations	$ 57,055	$ 100,367	$ 100,451	$ 63,953	$ 75,242	$ 121,462	$ 112,504	$ 68,729	321,826	377,937	361,075
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Rental revenues	274,336	139,455	118,102	118,005	299,588	142,977	111,532	113,331	649,898	667,428	683,500
Operating expenses									295,006	307,647	345,826
Income from operations	$ 200,038	$ 65,516	$ 44,489	$ 44,864	$ 211,658	$ 39,578	$ 34,253	$ 69,313	354,907	354,802	$ 346,909
New Construction
Property, Plant and Equipment [Line Items]
Operating expenses									1,856	201
Income from operations									343	(49)
New Construction | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Rental revenues									1,385	81
Operating expenses									909	79
Income from operations									$ 476	$ 2

Intangible Assets and Goodwil_4

Intangible Assets and Goodwill - Company's Intangible Assets and Goodwill (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Indefinite lived intangible assets	$ 10,163
Intangible assets, gross carrying amount	47,316	$ 39,779
Definite-lived intangible assets, accumulated amortization	(13,133)	(11,065)
Definite-lived intangible assets, net, total	24,020
Intangible assets, Net Book Value	34,183	28,714
Goodwill, gross carrying amount	45,192	45,192
Goodwill, net book value	45,192	45,192
Total intangible assets and goodwill, gross carrying amount	92,508	84,971
Total definite-lived intangible assets, Accumulated Amortization	(13,133)	(11,065)
Total intangible assets and goodwill, Net Book Value	79,375	73,906
Customer Relationships
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite lived intangible assets, gross carrying amount	26,800	26,800
Definite-lived intangible assets, accumulated amortization	(12,370)	(11,029)
Definite-lived intangible assets, net, total	14,430	15,771
Total definite-lived intangible assets, Accumulated Amortization	(12,370)	(11,029)
PMS Software License
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite lived intangible assets, gross carrying amount	10,353	1,926
Definite-lived intangible assets, accumulated amortization	(763)	(36)
Definite-lived intangible assets, net, total	9,590	1,890
Total definite-lived intangible assets, Accumulated Amortization	(763)	(36)
Software in Process
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite lived intangible assets, gross carrying amount		870
Definite-lived intangible assets, accumulated amortization		0
Definite-lived intangible assets, net, total		870
Total definite-lived intangible assets, Accumulated Amortization		0
Trademarks
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Indefinite lived intangible assets	10,163	$ 10,183
Intangible assets, Net Book Value	$ 34,183

Intangible Assets and Goodwil_5

Intangible Assets and Goodwill - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Weighted-average amortization period remaining for definite-lived intangible assets	10 years

Intangible Assets and Goodwil_6

Intangible Assets and Goodwill - Estimated Future Amortization Expense for Definite-lived Intangible Assets (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 2,564
2021	2,564
2022	2,564
2023	2,564
2024	2,564
Thereafter	11,200
Definite-lived intangible assets, net, total	$ 24,020

Intangible Assets and Goodwil_7

Intangible Assets and Goodwill - REIT - Company's Intangible Assets and Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, accumulated amortization	$ (13,133)	$ (11,065)
Definite-lived intangible assets, net, total	24,020
Intangible assets, gross carrying amount	47,316	39,779
Intangible assets, Net Book Value	34,183	28,714
Goodwill, gross carrying amount	45,192	45,192
GOODWILL	45,192	45,192
Total intangible assets and goodwill, gross carrying amount	92,508	84,971
Accumulated amortization of finite lived intangible assets	13,133	11,065
Total intangible assets and goodwill, Net Book Value	79,375	73,906
PMS Software License
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite lived intangible assets, gross carrying amount	10,353	1,926
Definite-lived intangible assets, accumulated amortization	(763)	(36)
Definite-lived intangible assets, net, total	9,590	1,890
Accumulated amortization of finite lived intangible assets	763	36
Software in Process
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite lived intangible assets, gross carrying amount		870
Definite-lived intangible assets, accumulated amortization		0
Definite-lived intangible assets, net, total		870
Accumulated amortization of finite lived intangible assets		0
ESH Hospitality, Inc.
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, accumulated amortization	(763)	(36)
Definite-lived intangible assets, net, total	9,590
Intangible assets, gross carrying amount		2,796
Intangible assets, Net Book Value	9,590	2,760
Goodwill, gross carrying amount	44,012	44,012
GOODWILL	44,012	44,012
Total intangible assets and goodwill, gross carrying amount	54,365	46,808
Accumulated amortization of finite lived intangible assets	763	36
Total intangible assets and goodwill, Net Book Value	$ 53,602	46,772
Estimated useful life	8 years
ESH Hospitality, Inc. | PMS Software License
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite lived intangible assets, gross carrying amount	$ 10,353	1,926
Definite-lived intangible assets, accumulated amortization	(763)	(36)
Definite-lived intangible assets, net, total	9,590	1,890
Accumulated amortization of finite lived intangible assets	$ 763	36
ESH Hospitality, Inc. | Software in Process
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite lived intangible assets, gross carrying amount		870
Definite-lived intangible assets, accumulated amortization		0
Definite-lived intangible assets, net, total		870
Accumulated amortization of finite lived intangible assets		$ 0

Intangible Assets and Goodwil_8

Intangible Assets and Goodwill - REIT - Estimated Future Amortization Expense for Definite-lived Intangible Assets (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Entity Information [Line Items]
2020	$ 2,564
2021	2,564
2022	2,564
2023	2,564
2024	2,564
Thereafter	11,200
Definite-lived intangible assets, net, total	24,020
ESH Hospitality, Inc.
Entity Information [Line Items]
2020	1,224
2021	1,224
2022	1,224
2023	1,224
2024	1,224
Thereafter	3,470
Definite-lived intangible assets, net, total	$ 9,590

Debt - Debt Transactions (Detai

Debt - Debt Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Debt Outstanding [Roll Forward]
Beginning long term debt	$ 2,395,507	$ 2,534,768
Additions:
Proceeds from senior notes	750,000	0
Amortization and write-off of deferred financing costs and debt discount	12,967	7,954
Deductions:
Payments on term loan facilities	(507,261)	(147,215)
Payments of deferred financing costs	(18,577)	0
Ending long term debt	$ 2,632,636	$ 2,395,507

Debt - Company's Outstanding De

Debt - Company's Outstanding Debt, Unamortized Deferred Financing Costs and Discount (Detail) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Aug. 31, 2019
Debt Instrument [Line Items]
Term loan facilities, carrying amount	$ 618,338,000	$ 1,121,713,000	$ 618,338,000
Total, carrying amount	2,670,354,000	2,423,930,000	2,670,354,000
Unamortized Deferred Financing Costs	40,880,000	$ 30,184,000	40,880,000
Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount	$ 200,000,000		200,000,000
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)	1.76%	2.50%
Term loan facility | ESH REIT Term Facility
Debt Instrument [Line Items]
Stated Amount	$ 630,909,000		630,909,000	$ 1,130.9
Term loan facilities, carrying amount	627,368,000	$ 1,132,259,000	627,368,000
Unamortized Deferred Financing Costs	9,030,000	10,546,000	$ 9,030,000
Term loan facility | ESH REIT Term Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
Senior notes | 2025 Notes
Debt Instrument [Line Items]
Stated Amount	1,300,000,000		$ 1,300,000,000
Senior notes, carrying amount	1,292,986,000	1,291,671,000	1,292,986,000
Unamortized Deferred Financing Costs	$ 15,055,000	17,877,000	$ 15,055,000
Stated Interest Rate	5.25%		5.25%
Senior notes | 2027 Notes
Debt Instrument [Line Items]
Senior notes, carrying amount	$ 750,000,000	0	$ 750,000,000
Unamortized Deferred Financing Costs	$ 13,633,000	0	$ 13,633,000
Stated Interest Rate	4.63%		4.63%
Line of Credit | ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Stated Amount	$ 350,000,000		$ 350,000,000
Revolving credit facilities, carrying amount	0	0	0
Unamortized Deferred Financing Costs	2,606,000	1,469,000	$ 2,606,000
Line of Credit | ESH REIT Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
Line of Credit | Corporation Revolving Credit Facility
Debt Instrument [Line Items]
Stated Amount	50,000,000		$ 50,000,000
Revolving credit facilities, carrying amount	0	0	0
Unamortized Deferred Financing Costs	556,000	292,000	$ 556,000
Line of Credit | Corporation Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.25%
Line of Credit | Unsecured Intercompany Facility
Debt Instrument [Line Items]
Stated Amount	75,000,000		$ 75,000,000
Unsecured intercompany facility, carrying amount	0	0	0
Unamortized Deferred Financing Costs	$ 0	0	$ 0
Stated Interest Rate	5.00%		5.00%
ESH REIT | Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount	$ 200,000,000	300,000,000	$ 200,000,000
ESH REIT | Term loan facility | Term Loan Facility, 2016 | Term Facility
Debt Instrument [Line Items]
Fixed rate (as a percent)	1.175%		1.175%
ESH REIT | Line of Credit | Unsecured Intercompany Facility
Debt Instrument [Line Items]
Unsecured intercompany facility, carrying amount	$ 0	$ 0	$ 0

Debt - Additional Information (

Debt - Additional Information (Details)	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)letter_of_credit$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Mar. 31, 2016USD ($)	May 31, 2015USD ($)
Debt Instrument [Line Items]
Estimated fair value	$ 2,700,000,000	$ 2,300,000,000		$ 2,700,000,000	$ 2,300,000,000
ESH Hospitality, Inc.
Debt Instrument [Line Items]
Mandatory prepayments up to a certain amount of excess cash flow may be required				50.00%
Preferred stock, shares authorized (in shares) | shares	125	125		125	125
Preferred stock, shares issued (in shares) | shares	125	125		125	125
Preferred stock, redemption value (in dollars per share) | $ / shares	$ 1,000	$ 1,000		$ 1,000	$ 1,000
Mandatorily Redeemable Preferred Stock
Debt Instrument [Line Items]
Preferred stock, shares authorized (in shares) | shares	350,000,000	350,000,000		350,000,000	350,000,000
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01		$ 0.01	$ 0.01
Preferred stock, shares issued (in shares) | shares	7,130,000	7,130,000		7,130,000	7,130,000
Preferred stock, dividend rate (as a percent)				8.00%	8.00%
Preferred stock, redemption value (in dollars per share) | $ / shares	$ 1,000			$ 1,000
Estimated fair value	$ 7,100,000	$ 7,000,000		$ 7,100,000	$ 7,000,000
Mandatorily Redeemable Preferred Stock | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Preferred stock, shares authorized (in shares) | shares	350,000,000	350,000,000		350,000,000	350,000,000
Preferred stock, shares issued (in shares) | shares	0	0		0	0
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)	1.76%	2.50%
ESH REIT
Debt Instrument [Line Items]
Estimated fair value	$ 2,700,000,000	$ 2,300,000,000		$ 2,700,000,000	$ 2,300,000,000
ESH REIT | Mandatorily Redeemable Preferred Stock
Debt Instrument [Line Items]
Preferred stock, shares authorized (in shares) | shares	350,000,000	350,000,000		350,000,000	350,000,000
Preferred stock, shares issued (in shares) | shares	0	0		0	0
ESH REIT Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Loan to value ratio (less than)	45.00%			45.00%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 350,000,000			$ 350,000,000
Line of credit facility increase (up to)	$ 600,000,000			$ 600,000,000
Loan to value ratio (less than)	45.00%			45.00%
Spread on base rate (as a percent)				1.00%
Amount of borrowing capacity remaining	$ 350,000,000			$ 350,000,000
ESH REIT Revolving Credit Facility | Revolving Credit Facility | Maximum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.30%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | Minimum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.175%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.25%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.25%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.50%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | Base Rate | Maximum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | Base Rate | Minimum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | Federal Funds Effective Swap Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | Federal Funds Effective Swap Rate | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | One-Month London Interbank Offered Rate | Minimum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Loan to value ratio (less than)	45.00%			45.00%
Number of letters of credit | letter_of_credit				0
ESH REIT Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Consolidated leverage ratio				8.75
ESH REIT Revolving Credit Facility | Letter of Credit | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 50,000,000			$ 50,000,000
ESH REIT Revolving Credit Facility | Swingline Loan
Debt Instrument [Line Items]
Revolving credit facility, capacity	20,000,000			20,000,000
ESH REIT Revolving Credit Facility | Term loan facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Repayments of debt			$ 500,000,000
Gain (loss) on extinguishment of debt			(6,700,000)
Write-off of unamortized deferred financing costs			5,600,000
Gain (loss) on extinguishment of debt, before write off of debt issuance cost			(1,100,000)
ESH REIT Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	350,000,000			350,000,000
ESH REIT Revolving Credit Facility | Line of Credit | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated Amount	350,000,000			$ 350,000,000
ESH REIT Revolving Credit Facility | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH REIT Revolving Credit Facility | Line of Credit | London Interbank Offered Rate (LIBOR) | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH REIT Revolving Credit Facility | Line of Credit | Revolving Credit Facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Minimum principal coverage (as a percent)				35.00%
ESH REIT Revolving Credit Facility | Line of Credit | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Minimum principal coverage (as a percent)				35.00%
ESH REIT Revolving Credit Facility | Line of Credit | Letter of Credit | ESH REIT
Debt Instrument [Line Items]
Revolving credit facility, capacity	30,000,000			$ 30,000,000
ESH REIT Term Facility | Revolving Credit Facility | Libor Plus Rate Other than Level 1 Period | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Term Facility | Revolving Credit Facility | Federal Funds Effective Swap Rate | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH REIT Term Facility | Revolving Credit Facility | One-Month London Interbank Offered Rate | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Term Facility | Revolving Credit Facility | Libor Plus Rate | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.75%
ESH REIT Term Facility | Revolving Credit Facility | ESH REIT | Libor Plus Rate Other than Level 1 Period
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Term Facility | Revolving Credit Facility | ESH REIT | Libor Plus Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.75%
ESH REIT Term Facility | Term loan facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Repayments of debt			$ 500,000,000
Prepayment fee				1.00%
ESH REIT Term Facility | Term loan facility | London Interbank Offered Rate (LIBOR) | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH REIT Term Facility | Term loan facility | London Interbank Offered Rate (LIBOR) | Public Corporate Family Rating Better Than Or Equal To BB- | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.75%
ESH REIT Term Facility | Term loan facility | Term Facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Periodic payment				$ 1,600,000
Term Loan Facility, 2016 | Term loan facility | Term Facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Mandatory prepayments up to a certain amount of excess cash flow may be required				50.00%
Corporation Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	50,000,000			$ 50,000,000
Corporation Revolving Credit Facility | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.25%
Corporation Revolving Credit Facility | Line of Credit | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Minimum principal coverage (as a percent)				25.00%
Corporation Revolving Credit Facility | Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Revolving credit facility, capacity	30,000,000			$ 30,000,000
Corporation Revolving Credit Facility | Line of Credit | Letter of Credit | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Revolving credit facility, capacity	30,000,000			30,000,000
Unsecured Intercompany Facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Unsecured intercompany facility, carrying amount	$ 0	$ 0		$ 0	$ 0
Unsecured Intercompany Facility | Unsecured Debt | Line of Credit | ESH REIT
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.00%			5.00%
Revolving credit facility, additional accordion feature	$ 300,000,000			$ 300,000,000
Unsecured Intercompany Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	$ 75,000,000			$ 75,000,000
Stated interest rate (as a percent)	5.00%			5.00%
Unsecured intercompany facility, carrying amount	$ 0	0		$ 0	0
Unsecured Intercompany Facility | Line of Credit | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated Amount	$ 75,000,000			$ 75,000,000
Stated interest rate (as a percent)	5.00%			5.00%
Unsecured intercompany facility, carrying amount	$ 0	0		$ 0	0
Unsecured Intercompany Facility | Line of Credit | ESH REIT
Debt Instrument [Line Items]
Unsecured intercompany facility, carrying amount	$ 0	$ 0		$ 0	$ 0
2025 Notes | Senior notes | ESH REIT
Debt Instrument [Line Items]
Stated Amount						$ 800,000,000	$ 500,000,000
Stated interest rate (as a percent)							5.25%
2025 Notes | Senior notes | ESH REIT | Change of Control
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				101.00%
2025 Notes | Senior notes | ESH REIT | Maximum | Debt instrument redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				102.625%
2025 Notes | Senior notes | ESH REIT | Minimum | Debt instrument redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
2027 Notes | Senior notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.63%			4.63%
2027 Notes | Senior notes | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated Amount	$ 750,000,000			$ 750,000,000
Stated interest rate (as a percent)	4.63%		4.625%	4.63%
Percent of debt issued in private placement			100.00%
Proceeds from issuance of debt			$ 738,000,000
Proceeds from issuance of debt used for general corporate purposes			$ 238,000,000
2027 Notes | Senior notes | Debt instrument redemption period one | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				102.313%
2027 Notes | Senior notes | Debt instrument redemption period two | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
2027 Notes | Senior notes | Debt instrument redemption period three | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
Redemption price as percentage of principal amount redeemed				35.00%
Debt instrument covenant term percentage of principal outstanding				65.00%
2027 Notes | Senior notes | Debt instrument redemption period four | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				101.00%
2013 Corporation Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Number of letters of credit | letter_of_credit				1
Amount of borrowing capacity remaining	$ 49,800,000			$ 49,800,000
Line of credit facility borrowings	$ 200,000			$ 200,000

Debt - Future Maturities of Deb

Debt - Future Maturities of Debt (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Debt Instrument [Line Items]
2020	$ 6,309
2021	6,309
2022	6,309
2023	6,309
2024	6,309
Thereafter	2,647,786
Total	$ 2,679,331

Debt - Components of Interest E

Debt - Components of Interest Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest Expense [Line Items]
Contractual interest	$ 117,067	$ 116,348	$ 118,510
Amortization of deferred financing costs and debt discount	8,059	8,005	8,097
Debt extinguishment and other costs	8,301	3,030	3,335
Interest income	(5,663)	(2,513)	(170)
Total	127,764	124,870	129,772
Interest costs capitalized	$ 2,247	$ 473	$ 0

Debt - REIT - Debt Transactions

Debt - REIT - Debt Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Debt Outstanding [Roll Forward]
Beginning long term debt	$ 2,395,507	$ 2,534,768
Additions:
Proceeds from senior notes	750,000	0
Amortization of deferred financing costs and debt discount	12,967	7,954
Deductions:
Payments on term loan facilities	(507,261)	(147,215)
Payments of deferred financing costs	(18,577)	0
Ending long term debt	2,632,636	2,395,507
ESH Hospitality, Inc.
Debt Outstanding [Roll Forward]
Beginning long term debt	2,395,507	2,534,768
Additions:
Proceeds from senior notes	750,000	0
Amortization of deferred financing costs and debt discount	12,967	7,954
Deductions:
Payments on term loan facilities	(507,261)	(147,215)
Payments of deferred financing costs	(18,577)	0
Ending long term debt	$ 2,632,636	$ 2,395,507

Debt - REIT - Company's Outstan

Debt - REIT - Company's Outstanding Debt, Unamortized Deferred Financing Costs and Discount (Detail) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Sep. 30, 2019	Aug. 31, 2019	Sep. 30, 2017
Debt Instrument [Line Items]
Term loan facilities, carrying amount	$ 618,338,000	$ 1,121,713,000	$ 618,338,000
Total, carrying amount	2,670,354,000	2,423,930,000	2,670,354,000
Net deferred financing costs	40,880,000	$ 30,184,000	40,880,000
Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount	$ 200,000,000		200,000,000
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)	1.76%	2.50%
Senior notes | 2025 Notes
Debt Instrument [Line Items]
Stated Amount	$ 1,300,000,000		1,300,000,000
Senior notes, carrying amount	1,292,986,000	$ 1,291,671,000	1,292,986,000
Net deferred financing costs	$ 15,055,000	17,877,000	$ 15,055,000
Stated Interest Rate	5.25%		5.25%
Senior notes | 2027 Notes
Debt Instrument [Line Items]
Senior notes, carrying amount	$ 750,000,000	0	$ 750,000,000
Net deferred financing costs	$ 13,633,000	0	$ 13,633,000
Stated Interest Rate	4.63%		4.63%
Term loan facility | ESH REIT Term Facility
Debt Instrument [Line Items]
Stated Amount	$ 630,909,000		$ 630,909,000		$ 1,130.9
Term loan facilities, carrying amount	627,368,000	1,132,259,000	627,368,000
Net deferred financing costs	9,030,000	10,546,000	$ 9,030,000
Term loan facility | ESH REIT Term Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
Line of Credit | ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Stated Amount	350,000,000		$ 350,000,000
Long-term Line of Credit	0	0	0
Net deferred financing costs	2,606,000	1,469,000	$ 2,606,000
Line of Credit | ESH REIT Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
Line of Credit | Unsecured Intercompany Facility
Debt Instrument [Line Items]
Stated Amount	75,000,000		$ 75,000,000
Unsecured intercompany facility, carrying amount	0	0	0
Net deferred financing costs	$ 0	0	$ 0
Stated Interest Rate	5.00%		5.00%
ESH Hospitality, Inc.
Debt Instrument [Line Items]
Term loan facilities, carrying amount	$ 618,338,000	1,121,713,000	$ 618,338,000
Total, carrying amount	2,670,354,000	2,423,930,000	2,670,354,000
Net deferred financing costs	40,324,000	29,892,000	$ 40,324,000
Mandatory prepayments up to a certain amount of excess cash flow may be required			50.00%
ESH Hospitality, Inc. | Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount	200,000,000	300,000,000	$ 200,000,000
ESH Hospitality, Inc. | Unsecured Intercompany Facility
Debt Instrument [Line Items]
Unsecured intercompany facility, carrying amount	0	0	0
ESH Hospitality, Inc. | Senior notes | 2025 Notes
Debt Instrument [Line Items]
Stated Amount	1,300,000,000		1,300,000,000
Senior notes, carrying amount	1,292,986,000	1,291,671,000	1,292,986,000
Net deferred financing costs	$ 15,055,000	17,877,000	$ 15,055,000
Stated Interest Rate	5.25%		5.25%
Unamortized discount	$ 7,000,000	8,300,000	$ 7,000,000
ESH Hospitality, Inc. | Senior notes | 2027 Notes
Debt Instrument [Line Items]
Stated Amount	750,000,000		750,000,000
Senior notes, carrying amount	750,000,000	0	750,000,000
Net deferred financing costs	$ 13,633,000	0	$ 13,633,000
Stated Interest Rate	4.63%		4.63%	4.625%
ESH Hospitality, Inc. | Term loan facility | ESH REIT Term Facility
Debt Instrument [Line Items]
Stated Amount	$ 630,909,000		$ 630,909,000		$ 1,130.9
Term loan facilities, carrying amount	627,368,000	1,132,259,000	627,368,000
Net deferred financing costs	9,030,000	10,546,000	$ 9,030,000
ESH Hospitality, Inc. | Term loan facility | ESH REIT Term Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
ESH Hospitality, Inc. | Term loan facility | Term Loan Facility, 2016 | Term Facility
Debt Instrument [Line Items]
Unamortized discount	2,000,000	4,300,000	$ 2,000,000
Fixed rate (as a percent)						1.175%
Mandatory prepayments up to a certain amount of excess cash flow may be required			50.00%
ESH Hospitality, Inc. | Term loan facility | ESH REIT Term Facility | Term Facility
Debt Instrument [Line Items]
Periodic payment			$ 1,600,000
ESH Hospitality, Inc. | Term loan facility | ESH REIT Term Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
ESH Hospitality, Inc. | Line of Credit | ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Stated Amount	350,000,000		$ 350,000,000
Long-term Line of Credit	0	0	0
Net deferred financing costs	2,606,000	1,469,000	$ 2,606,000
ESH Hospitality, Inc. | Line of Credit | ESH REIT Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
ESH Hospitality, Inc. | Line of Credit | Unsecured Intercompany Facility
Debt Instrument [Line Items]
Stated Amount	75,000,000		$ 75,000,000
Unsecured intercompany facility, carrying amount	0	0	0
Net deferred financing costs	$ 0	$ 0	$ 0
Stated Interest Rate	5.00%		5.00%

Debt - REIT - Additional Inform

Debt - REIT - Additional Information (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Sep. 30, 2019	Dec. 31, 2019	Mar. 31, 2016	May 31, 2015
Debt Instrument [Line Items]
Estimated fair value	$ 2,700,000,000	$ 2,300,000,000		$ 2,700,000,000
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)	1.76%	2.50%
ESH REIT
Debt Instrument [Line Items]
Estimated fair value	$ 2,700,000,000	$ 2,300,000,000		$ 2,700,000,000
ESH REIT Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Loan to value ratio (less than)	45.00%			45.00%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.25%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.25%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | Federal Funds Effective Swap Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | One-Month London Interbank Offered Rate | Minimum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Revolving Credit Facility | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Loan to value ratio (less than)	45.00%			45.00%
ESH REIT Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	$ 350,000,000			$ 350,000,000
Long-term Line of Credit	0	0		$ 0
ESH REIT Revolving Credit Facility | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH REIT Revolving Credit Facility | Line of Credit | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Minimum principal coverage (as a percent)				35.00%
ESH REIT Revolving Credit Facility | Line of Credit | Letter of Credit | ESH REIT
Debt Instrument [Line Items]
Revolving credit facility, capacity	30,000,000			$ 30,000,000
ESH REIT Term Facility | Revolving Credit Facility | ESH REIT | Libor Plus Rate Other than Level 1 Period
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Term Facility | Revolving Credit Facility | ESH REIT | Libor Plus Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.75%
Corporation Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	50,000,000			$ 50,000,000
Long-term Line of Credit	0	0		$ 0
Corporation Revolving Credit Facility | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.25%
Corporation Revolving Credit Facility | Line of Credit | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Minimum principal coverage (as a percent)				25.00%
Corporation Revolving Credit Facility | Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 30,000,000			$ 30,000,000
Unsecured Intercompany Facility | Unsecured Debt | Line of Credit | ESH REIT
Debt Instrument [Line Items]
Stated Interest Rate	5.00%			5.00%
Revolving credit facility, additional accordion feature	$ 300,000,000			$ 300,000,000
Unsecured Intercompany Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	$ 75,000,000			$ 75,000,000
Stated Interest Rate	5.00%			5.00%
Unsecured intercompany facility, carrying amount	$ 0	0		$ 0
Unsecured Intercompany Facility | Line of Credit | ESH REIT
Debt Instrument [Line Items]
Unsecured intercompany facility, carrying amount	$ 0	0		$ 0
2025 Notes | Senior notes | ESH REIT
Debt Instrument [Line Items]
Stated Amount					$ 800,000,000	$ 500,000,000
Stated Interest Rate						5.25%
2025 Notes | Senior notes | ESH REIT | Change of Control
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				101.00%
2025 Notes | Senior notes | ESH REIT | Maximum | Debt instrument redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				102.625%
2025 Notes | Senior notes | ESH REIT | Minimum | Debt instrument redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
2027 Notes | Senior notes
Debt Instrument [Line Items]
Stated Interest Rate	4.63%			4.63%
ESH Hospitality, Inc.
Debt Instrument [Line Items]
Mandatory prepayments up to a certain amount of excess cash flow may be required				50.00%
ESH Hospitality, Inc. | Term Loan Facility, 2016 | Term loan facility | Term Facility
Debt Instrument [Line Items]
Mandatory prepayments up to a certain amount of excess cash flow may be required				50.00%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 350,000,000			$ 350,000,000
Line of credit facility increase (up to)	$ 600,000,000			$ 600,000,000
Loan to value ratio (less than)	45.00%			45.00%
Spread on base rate (as a percent)				1.00%
Amount of borrowing capacity remaining	$ 350,000,000			$ 350,000,000
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.30%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.175%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.50%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Revolving Credit Facility | Federal Funds Effective Swap Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Revolving credit facility, capacity	50,000,000			$ 50,000,000
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Term loan facility
Debt Instrument [Line Items]
Repayments of debt			$ 500,000,000
Gain (loss) on extinguishment of debt			(6,700,000)
Gain (loss) on extinguishment of debt, before write off of debt issuance cost			(1,100,000)
Write-off of unamortized deferred financing costs			5,600,000
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	350,000,000			350,000,000
Long-term Line of Credit	0	0		$ 0
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH Hospitality, Inc. | ESH REIT Revolving Credit Facility | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Minimum principal coverage (as a percent)				35.00%
ESH Hospitality, Inc. | ESH REIT Term Facility | Revolving Credit Facility | Libor Plus Rate Other than Level 1 Period
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH Hospitality, Inc. | ESH REIT Term Facility | Revolving Credit Facility | Federal Funds Effective Swap Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH Hospitality, Inc. | ESH REIT Term Facility | Revolving Credit Facility | One-Month London Interbank Offered Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH Hospitality, Inc. | ESH REIT Term Facility | Revolving Credit Facility | Libor Plus Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.75%
ESH Hospitality, Inc. | ESH REIT Term Facility | Term loan facility
Debt Instrument [Line Items]
Repayments of debt			$ 500,000,000
Prepayment fee				1.00%
ESH Hospitality, Inc. | ESH REIT Term Facility | Term loan facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
ESH Hospitality, Inc. | ESH REIT Term Facility | Term loan facility | London Interbank Offered Rate (LIBOR) | Public Corporate Family Rating Better Than Or Equal To BB-
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.75%
ESH Hospitality, Inc. | Corporation Revolving Credit Facility | Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Revolving credit facility, capacity	30,000,000			$ 30,000,000
ESH Hospitality, Inc. | Unsecured Intercompany Facility
Debt Instrument [Line Items]
Unsecured intercompany facility, carrying amount	0	0		0
ESH Hospitality, Inc. | Unsecured Intercompany Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	$ 75,000,000			$ 75,000,000
Stated Interest Rate	5.00%			5.00%
Unsecured intercompany facility, carrying amount	$ 0	$ 0		$ 0
ESH Hospitality, Inc. | 2027 Notes | Senior notes
Debt Instrument [Line Items]
Stated Amount	$ 750,000,000			$ 750,000,000
Stated Interest Rate	4.63%		4.625%	4.63%
Proceeds from issuance of debt			$ 738,000,000
Proceeds from issuance of debt used for general corporate purposes			$ 238,000,000
ESH Hospitality, Inc. | 2027 Notes | Senior notes | Debt instrument redemption period one
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				102.313%
ESH Hospitality, Inc. | 2027 Notes | Senior notes | Debt instrument redemption period two
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
ESH Hospitality, Inc. | 2027 Notes | Senior notes | Debt instrument redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
Debt instrument covenant term percentage of principal outstanding				65.00%
Redemption price as percentage of principal amount redeemed				35.00%
ESH Hospitality, Inc. | 2027 Notes | Senior notes | Debt instrument redemption period four
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				101.00%

Debt - REIT - Future Maturities

Debt - REIT - Future Maturities of Debt (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Debt Instrument [Line Items]
2020	$ 6,309
2021	6,309
2022	6,309
2023	6,309
2024	6,309
Thereafter	2,647,786
Total	2,679,331
ESH Hospitality, Inc.
Debt Instrument [Line Items]
2020	6,309
2021	6,309
2022	6,309
2023	6,309
2024	6,309
Thereafter	2,647,786
Total	$ 2,679,331
Mandatory prepayments up to a certain amount of excess cash flow may be required	50.00%

Debt - REIT - Components of Int

Debt - REIT - Components of Interest Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest Expense [Line Items]
Contractual interest	$ 117,067	$ 116,348	$ 118,510
Amortization of Deferred Charges	8,059	8,005	8,097
Debt extinguishment and other costs	8,301	3,030	3,335
Interest income	(5,663)	(2,513)	(170)
Total	127,764	124,870	129,772
Interest costs capitalized	2,247	473	0
ESH Hospitality, Inc.
Interest Expense [Line Items]
Contractual interest	116,497	115,778	119,819
Amortization of Deferred Charges	7,947	7,895	7,988
Debt extinguishment and other costs	8,112	2,847	3,136
Interest income	(3,601)	(1,775)	(20)
Total	128,955	124,745	130,923
Interest costs capitalized	$ 2,247	$ 473	$ 0

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest Rate Swap | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount	$ 200,000,000
Reduction of outstanding derivative amount	50,000,000
Cash flow hedge gain (loss)	706,000	$ 4,934,000
Recorded interest expense			$ (700,000)
Derivative portion recognized in earnings next twelve months	700,000
ESH REIT | Interest Rate Swap | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount	$ 200,000,000	$ 300,000,000
ESH REIT | Term Facility | Term loan facility | Term Loan Facility, 2016
Derivative [Line Items]
Fixed rate (as a percent)	1.175%

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Derivative Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2018
Derivative [Line Items]
Interest rate cash flow hedge loss, net of tax			$ 2,110
Cumulative effect adjustment of ASC 2017-12				$ 0
Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Fair value of interest rate swap	$ 831	$ 5,789
Cash flow hedge gain (loss)	706	4,934
Change in fair value effective portion	(5,000)
Removal of LIBOR floor derivatives		(600)
Designated as Hedging Instrument | Interest Rate Swap | Other Nonoperating Income (Expense)
Derivative [Line Items]
Cash flow hedge gain (loss)	0	0
Interest rate cash flow hedge loss, net of tax			314
Designated as Hedging Instrument | Interest Rate Swap | Interest Expense
Derivative [Line Items]
Cash flow hedge gain (loss)	$ 2,842	$ 2,765
Interest rate cash flow hedge loss, net of tax			707
Accumulated Other Comprehensive (Loss) Income
Derivative [Line Items]
Interest rate cash flow hedge loss, net of tax			$ 1,214
Cumulative effect adjustment of ASC 2017-12				377
Accumulated Other Comprehensive (Loss) Income | Accounting Standards Update 2017-12
Derivative [Line Items]
Cumulative effect adjustment of ASC 2017-12				$ (700)

Derivative Instruments - REIT -

Derivative Instruments - REIT - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2017
Interest Rate Swap | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount	$ 200,000,000
Reduction of outstanding derivative amount	50,000,000
Recorded interest expense			$ (700,000)
Derivative portion recognized in earnings next twelve months	700,000
ESH Hospitality, Inc. | Interest Rate Swap | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount	200,000,000	$ 300,000,000
Reduction of outstanding derivative amount	50,000,000
Recorded interest expense	2,800,000	$ 2,800,000	$ (700,000)
Derivative portion recognized in earnings next twelve months	$ 700,000
ESH Hospitality, Inc. | Term Facility | Term loan facility | Term Loan Facility, 2016
Derivative [Line Items]
Fixed rate (as a percent)				1.175%

Derivative Instruments - REIT_2

Derivative Instruments - REIT - Schedule of Derivative Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2018
Derivative [Line Items]
Interest rate cash flow hedge loss, net of tax			$ 2,110
Cumulative effect adjustment of ASC 2017-12				$ 0
Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Fair value of interest rate swap	$ 831	$ 5,789
Cash flow hedge gain (loss)	706	4,934
Change in fair value effective portion	(5,000)
Removal of LIBOR floor derivatives		(600)
Designated as Hedging Instrument | Interest Rate Swap | Other Nonoperating Income (Expense)
Derivative [Line Items]
Cash flow hedge gain (loss)	0	0
Interest rate cash flow hedge loss, net of tax			314
Designated as Hedging Instrument | Interest Rate Swap | Interest Expense
Derivative [Line Items]
Cash flow hedge gain (loss)	2,842	2,765
Interest rate cash flow hedge loss, net of tax			707
Accumulated Other Comprehensive (Loss) Income
Derivative [Line Items]
Interest rate cash flow hedge loss, net of tax			1,214
Cumulative effect adjustment of ASC 2017-12				377
Accumulated Other Comprehensive (Loss) Income | Accounting Standards Update 2017-12
Derivative [Line Items]
Cumulative effect adjustment of ASC 2017-12				(700)
ESH Hospitality, Inc.
Derivative [Line Items]
Interest rate cash flow hedge loss, net of tax			2,063
Cumulative effect adjustment of ASC 2017-12				0
ESH Hospitality, Inc. | Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Fair value of interest rate swap	831	5,789
Cash flow hedge gain (loss)	830	5,789
Change in fair value effective portion	(5,000)
Removal of LIBOR floor derivatives		(600)
ESH Hospitality, Inc. | Designated as Hedging Instrument | Interest Rate Swap | Other Nonoperating Income (Expense)
Derivative [Line Items]
Cash flow hedge gain (loss)	0	0
Interest rate cash flow hedge loss, net of tax			314
ESH Hospitality, Inc. | Designated as Hedging Instrument | Interest Rate Swap | Interest Expense
Derivative [Line Items]
Cash flow hedge gain (loss)	$ 2,842	$ 2,765
Interest rate cash flow hedge loss, net of tax			707
ESH Hospitality, Inc. | Accumulated Other Comprehensive (Loss) Income
Derivative [Line Items]
Interest rate cash flow hedge loss, net of tax			$ 2,063
Cumulative effect adjustment of ASC 2017-12				664
ESH Hospitality, Inc. | Accumulated Other Comprehensive (Loss) Income | Accounting Standards Update 2017-12
Derivative [Line Items]
Cumulative effect adjustment of ASC 2017-12				$ (700)

Segments - Schedule of Operatin

Segments - Schedule of Operating Segments Evaluated on Income from Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues									$ 1,218,219	$ 1,275,059	$ 1,282,725
Income before income tax expense	$ 57,055	$ 100,367	$ 100,451	$ 63,953	$ 75,242	$ 121,462	$ 112,504	$ 68,729	321,826	377,937	361,075
Impairment charges									2,679	43,600	25,169
Gain on sale of hotel properties										42,500	10,000
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues									1,205,091	1,266,268	1,286,598
Income before income tax expense									355,999	401,755	386,934
Operating Segments | Owned hotels
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues									1,196,091	1,259,182	1,282,725
Income before income tax expense									346,999	394,669	383,061
Operating Segments | Franchise and management
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues									9,000	7,086	3,873
Income before income tax expense									9,000	7,086	3,873
Intellectual property fees									3,600	3,800	3,900
Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues									77,084	80,942	75,692
Income before income tax expense									(32,019)	(23,168)	(25,859)
Intersegment Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues									(80,672)	(84,718)	(79,565)
Other revenues from franchised and managed properties
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues									16,716	12,567	0
Income before income tax expense									$ (2,154)	$ (650)	$ 0

Segments - Schedule of Assets a

Segments - Schedule of Assets and Capital Expenditures of Operating Segments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Assets	$ 4,030,596	$ 3,924,210
Capital expenditures	261,294	209,274	$ 166,378
Operating Segments
Segment Reporting Information [Line Items]
Assets	3,676,185	3,658,237
Capital expenditures	260,155	208,247	164,909
Operating Segments | Owned hotels
Segment Reporting Information [Line Items]
Assets	3,661,609	3,643,603
Capital expenditures	260,155	207,997	164,909
Operating Segments | Franchise and management
Segment Reporting Information [Line Items]
Assets	14,576	14,634
Capital expenditures	0	250	0
Corporate and Other
Segment Reporting Information [Line Items]
Assets	397,568	308,181
Capital expenditures	1,139	1,027	$ 1,469
Intersegment Eliminations
Segment Reporting Information [Line Items]
Assets	$ (43,157)	$ (42,208)

Revenue From Contracts With C_3

Revenue From Contracts With Customers - Disaggregation by Booking Source (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenues	$ 1,218,219	$ 1,275,059	$ 1,282,725
Room revenues
Disaggregation of Revenue [Line Items]
Revenues	1,171,726	1,237,311	$ 1,260,868
Other Hotel Revenues
Disaggregation of Revenue [Line Items]
Revenues	24,400	21,900
Property direct | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	286,002	360,718
Central call center | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	312,956	303,336
Proprietary website | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	225,393	220,734
Third-party intermediaries | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	307,478	300,965
Travel agency global distribution systems | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	$ 39,897	$ 51,558

Revenue From Contracts With C_4

Revenue From Contracts With Customers - Disaggregation by Length of Guest Stay (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenues	$ 1,218,219	$ 1,275,059	$ 1,282,725
Room revenues
Disaggregation of Revenue [Line Items]
Revenues	1,171,726	1,237,311	$ 1,260,868
Other Hotel Revenues
Disaggregation of Revenue [Line Items]
Revenues	24,400	21,900
1-6 nights | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	441,417	457,380
7-29 nights | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	243,263	261,674
30+ nights | Room revenues
Disaggregation of Revenue [Line Items]
Revenues	$ 487,046	$ 518,257

Revenue From Contracts With C_5

Revenue From Contracts With Customers - Disaggregation of Revenues from Franchised and Managed Hotels (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenues	$ 1,218,219	$ 1,275,059	$ 1,282,725
Management fees
Disaggregation of Revenue [Line Items]
Revenues	1,239	1,175
Franchise fees
Disaggregation of Revenue [Line Items]
Revenues	4,173	2,135
Indirect reimbursements (system service fees)
Disaggregation of Revenue [Line Items]
Revenues	5,221	2,444
Direct reimbursements
Disaggregation of Revenue [Line Items]
Revenues	11,495	10,123
Franchise and management
Disaggregation of Revenue [Line Items]
Revenues	$ 22,128	$ 15,877

Revenue From Contracts With C_6

Revenue From Contracts With Customers - Schedule of Outstanding Customer Contract Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Jan. 01, 2019
Revenue from Contract with Customer [Abstract]
Outstanding Contract Liabilities	$ 16,231	$ 13,829
Outstanding contract liabilities, recognized revenue	$ 9,233

Revenue From Contracts With C_7

Revenue From Contracts With Customers - Performance Obligations (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Owned hotels
Disaggregation of Revenue [Line Items]
Outstanding contract liabilities	$ 10.9
Performance obligation, term	1 year
Franchised hotels
Disaggregation of Revenue [Line Items]
Outstanding contract liabilities	$ 5.3
Performance obligation, term	20 years

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Before Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
INCOME BEFORE INCOME TAX EXPENSE	$ 194,453	$ 253,832	$ 231,702
U.S.
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
Income (loss) before income tax (benefit) expense	194,143	254,172	244,995
CANADA
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
Income (loss) before income tax (benefit) expense	$ 310	$ (340)	$ (13,293)

Income Taxes - Components of Ex

Income Taxes - Components of Expense (Benefit) for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Federal (including foreign):
Current	$ 28,297	$ 31,401	$ 49,307
Deferred	(6,697)	711	1,675
State:
Current	9,134	9,656	9,244
Deferred	(1,419)	308	(712)
Income tax expense - net	$ 29,315	$ 42,076	$ 59,514

Income Taxes - Schedule of Diff

Income Taxes - Schedule of Difference Between Income Tax Expense at Effective Tax Rate and Statutory U.S. Federal Income Tax Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Tax at statutory rate	$ 40,835	$ 53,305	$ 81,096
State income tax	5,844	7,847	5,578
Foreign income tax rate differential	0	0	(4,741)
Nontaxable ESH REIT income	(18,577)	(14,976)	(25,689)
Equity-based compensation	(69)	(524)	(263)
Other permanent differences	629	30	3,283
Estimate of future nontaxable distributions from ESH REIT	0	5,020	(2,054)
Change in ESH REIT temporary differences	475	(9,525)	(2,102)
Change in deferred tax rate	0	0	4,051
Valuation allowance	(1)	(2)	(427)
Tax credits	(783)	(661)	(497)
Other - net	962	1,562	1,279
Income tax expense - net	$ 29,315	$ 42,076	$ 59,514
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Tax at statutory rate	21.00%	21.00%	35.00%
State income tax	3.00%	3.10%	2.40%
Foreign income tax rate differential			(2.00%)
Nontaxable ESH REIT income	(9.60%)	(5.90%)	(11.10%)
Equity-based compensation	0.00%	(0.20%)	(0.10%)
Other permanent differences	0.30%	0.00%	1.40%
Estimate of future nontaxable distributions from ESH REIT	0.00%	2.00%	(0.90%)
Change in ESH REIT temporary differences	0.30%	(3.70%)	(0.90%)
Change in deferred tax rate	0.00%	0.00%	1.70%
Valuation allowance	0.00%	0.00%	(0.20%)
Tax credits	(0.40%)	(0.30%)	(0.20%)
Other - net	0.50%	0.60%	0.60%
Income tax expense - net	15.10%	16.60%	25.70%

Income Taxes - Components of De

Income Taxes - Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Net operating loss carryforwards	$ 2,914	$ 2,926
Accruals and allowances	19,484	10,861
Equity-based compensation	972	1,409
Depreciable property	2,890	3,211
Other	665	652
Total deferred tax assets	26,925	19,059
Valuation allowance	(2,914)	(2,926)
Net deferred tax assets	24,011	16,133
Deferred tax liabilities:
Undistributed ESH REIT income	(5,074)	(5,578)
Intangible assets	(2,112)	(2,600)
Prepaid expenses	(668)	(629)
Other	0	(17)
Total net deferred tax assets:	$ 16,157	$ 7,309

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Line Items]
Distributed portion of taxable income (as a percent)	100.00%	100.00%	100.00%
Provisional deferred income tax expense			$ 4.1
Taxable income prior to distribution	$ 233.4	$ 297.2	$ 231.6
ESH REIT's assets	$ 5.2
ESH REIT
Income Taxes [Line Items]
Distributed portion of taxable income (as a percent)	100.00%	100.00%	100.00%
ESH REIT | Extended Stay America, Inc. | Common Class A
Income Taxes [Line Items]
Approximate percentage of ownership of common stock	58.00%	57.00%

Income Taxes - REIT - Schedule

Income Taxes - REIT - Schedule of Income Before Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
INCOME BEFORE INCOME TAX EXPENSE	$ 194,453	$ 253,832	$ 231,702
U.S.
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
Income (loss) before income tax (benefit) expense	194,143	254,172	244,995
CANADA
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
Income (loss) before income tax (benefit) expense	310	(340)	(13,293)
ESH Hospitality, Inc.
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
INCOME BEFORE INCOME TAX EXPENSE	226,262	230,926	216,213
ESH Hospitality, Inc. | U.S.
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
Income (loss) before income tax (benefit) expense	225,952	231,266	231,093
ESH Hospitality, Inc. | CANADA
Schedule Of Income Before Income Tax Domestic And Foreign Line Items
Income (loss) before income tax (benefit) expense	$ 310	$ (340)	$ (14,880)

Income Taxes - REIT - Component

Income Taxes - REIT - Components of Expense (Benefit) for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Federal (including foreign):
Current	$ 28,297	$ 31,401	$ 49,307
Deferred	(6,697)	711	1,675
State:
Current	9,134	9,656	9,244
Deferred	(1,419)	308	(712)
Income tax expense - net	29,315	42,076	59,514
ESH Hospitality, Inc.
Federal (including foreign):
Current	0	715	4,792
Deferred	0	0	(3,377)
State:
Current	384	97	170
Deferred	(9)	(15)	(356)
Income tax expense - net	$ 375	$ 797	$ 1,229

Income Taxes - REIT - Schedul_2

Income Taxes - REIT - Schedule of Difference Between Income Tax Expense at Effective Tax Rate and Statutory U.S. Federal Income Tax Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Tax at statutory rate	$ 40,835	$ 53,305	$ 81,096
State income tax	5,844	7,847	5,578
Foreign income tax rate differential	0	0	(4,741)
Nontaxable ESH REIT income	(18,577)	(14,976)	(25,689)
Other permanent differences	629	30	3,283
Other - net	962	1,562	1,279
Income tax expense - net	$ 29,315	$ 42,076	$ 59,514
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Tax at statutory rate	21.00%	21.00%	35.00%
State income tax	3.00%	3.10%	2.40%
Foreign income tax rate differential			(2.00%)
Nontaxable ESH REIT income	(9.60%)	(5.90%)	(11.10%)
Other permanent differences	0.30%	0.00%	1.40%
Other - net	0.50%	0.60%	0.60%
Income tax expense - net	15.10%	16.60%	25.70%
ESH Hospitality, Inc.
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Tax at statutory rate	$ 47,515	$ 48,494	$ 75,675
State income tax	375	82	(272)
Foreign income tax rate differential	0	0	(5,149)
Nontaxable ESH REIT income	(47,509)	(48,116)	(71,304)
Other permanent differences	(6)	(378)	1,925
Other - net	0	715	354
Income tax expense - net	$ 375	$ 797	$ 1,229
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Tax at statutory rate	21.00%	21.00%	35.00%
State income tax	0.20%	0.00%	(0.10%)
Foreign income tax rate differential		0.00%	(2.40%)
Nontaxable ESH REIT income	(21.00%)	(20.80%)	(33.00%)
Other permanent differences		(0.20%)	0.90%
Other - net	0.00%	0.30%	0.20%
Income tax expense - net	0.20%	0.30%	0.60%

Income Taxes - REIT - Compone_2

Income Taxes - REIT - Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Net operating loss carryforwards	$ 2,914	$ 2,926
Other	665	652
Total deferred tax assets	26,925	19,059
Valuation allowance	(2,914)	(2,926)
Net deferred tax assets	24,011	16,133
Deferred tax liabilities:
Other	0	(17)
ESH Hospitality, Inc.
Deferred tax assets:
Net operating loss carryforwards	785	787
Other	2	1
Total deferred tax assets	787	788
Valuation allowance	(785)	(787)
Net deferred tax assets	2	1
Deferred tax liabilities:
Depreciable property	0	(10)
Other	(13)	(11)
Deferred Tax Liabilities, Net, Total	$ 11	$ 20

Income Taxes - REIT - Additiona

Income Taxes - REIT - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jan. 31, 2016	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Line Items]
Distributed portion of taxable income (as a percent)		100.00%	100.00%	100.00%
INCOME TAX EXPENSE		$ 29,315	$ 42,076	$ 59,514
Taxable income prior to distribution		233,400	$ 297,200	$ 231,600
ESH REIT's assets		$ 5,200
ESH Hospitality, Inc.
Income Taxes [Line Items]
Distributed portion of taxable income (as a percent)		100.00%	100.00%	100.00%
INCOME TAX EXPENSE		$ 375	$ 797	$ 1,229
Taxable income prior to distribution		233,400	297,200	231,600
Payments of ordinary dividends	$ 6,200	240,600
Distribution to offset taxable income		26,500	2,800
Total dividend			277,100	$ 235,100
ESH REIT's assets		$ 5,200
ESH Hospitality, Inc. | Hotel | Extended Stay Canada | Disposed of by Sale
Income Taxes [Line Items]
INCOME TAX EXPENSE			$ 4,500

Quarterly Results (Unaudited)_3

Quarterly Results (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
REVENUE	$ 284,198	$ 332,695	$ 323,657	$ 277,669	$ 289,715	$ 351,076	$ 336,501	$ 297,767
Income from operations	57,055	100,367	100,451	63,953	75,242	121,462	112,504	68,729	$ 321,826	$ 377,937	$ 361,075
NET INCOME	23,846	53,230	59,658	28,404	39,399	75,692	65,570	31,095	165,138	211,756	172,188
Net income attributable to noncontrolling interests	(70,680)	(12,159)	(6,161)	(6,470)	(78,345)	(3,790)	(514)	(16,243)	(95,470)	(98,892)	(93,341)
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	$ (46,834)	$ 41,071	$ 53,497	$ 21,934	$ (38,946)	$ 71,902	$ 65,056	$ 14,852	$ 69,668	$ 112,864	$ 78,847
Net income per common share-basic (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.60	$ 0.41
Net income per common share-diluted (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.59	$ 0.41
Anti-dilutive securities (in shares)	0.3				0.4

Quarterly Results (Unaudited)_4

Quarterly Results (Unaudited) - REIT (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Results Of Operations [Line Items]
Income from operations	$ 57,055	$ 100,367	$ 100,451	$ 63,953	$ 75,242	$ 121,462	$ 112,504	$ 68,729	$ 321,826	$ 377,937	$ 361,075
NET INCOME	$ 23,846	$ 53,230	$ 59,658	$ 28,404	$ 39,399	$ 75,692	$ 65,570	$ 31,095	$ 165,138	$ 211,756	$ 172,188
Basic (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.60	$ 0.41
Diluted (in dollars per share)	$ (0.26)	$ 0.22	$ 0.28	$ 0.12	$ (0.21)	$ 0.38	$ 0.34	$ 0.08	$ 0.37	$ 0.59	$ 0.41
ESH Hospitality, Inc.
Quarterly Results Of Operations [Line Items]
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 12)	$ 274,336	$ 139,455	$ 118,102	$ 118,005	$ 299,588	$ 142,977	$ 111,532	$ 113,331	$ 649,898	$ 667,428	$ 683,500
Income from operations	200,038	65,516	44,489	44,864	211,658	39,578	34,253	69,313	354,907	354,802	346,909
NET INCOME	$ 168,005	$ 28,467	$ 14,349	$ 15,066	$ 182,537	$ 8,821	$ 1,190	$ 37,581	$ 225,887	$ 230,129	$ 214,984
ESH Hospitality, Inc. | Common Class A
Quarterly Results Of Operations [Line Items]
Basic (in dollars per share)	$ 0.39	$ 0.07	$ 0.03	$ 0.03	$ 0.42	$ 0.02	$ 0	$ 0.08	$ 0.52	$ 0.52	$ 0.49
Diluted (in dollars per share)	0.39	0.07	0.03	0.03	0.42	0.02	0	0.08	0.52	0.52	0.48
ESH Hospitality, Inc. | Common Class B
Quarterly Results Of Operations [Line Items]
Basic (in dollars per share)	0.39	0.07	0.03	0.03	0.42	0.02	0	0.08	0.52	0.52	0.48
Diluted (in dollars per share)	$ 0.39	$ 0.07	$ 0.03	$ 0.03	$ 0.42	$ 0.02	$ 0	$ 0.08	$ 0.52	$ 0.52	$ 0.48

Equity - Additional Information

Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2015
Equity [Line Items]
Common stock, shares authorized (in shares)	3,500,000,000	3,500,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	179,483,397	188,219,605
Common stock, shares outstanding (in shares)	179,483,397	188,219,605
Dividend distributions in cash	$ 67,200	$ 45,800	$ 56,100
Stock repurchased and retired during period	$ 130,721	$ 85,405	$ 62,323
Paired Share Repurchase Program
Equity [Line Items]
Amount of stock repurchase plan authorized				$ 550,000
Stock repurchased and retired during period (in shares)	26,400,000
Mandatorily Redeemable Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	350,000,000	350,000,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares issued (in shares)	7,130,000	7,130,000
Preferred stock, shares outstanding (in shares)	7,130,000	7,130,000
Preferred stock, dividend rate (as a percent)	8.00%	8.00%
Common Class B
Equity [Line Items]
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	1
Common Class B | Paired Share Repurchase Program
Equity [Line Items]
Amount remaining available under the Paired Share repurchase program	$ 132,200
ESH REIT | Paired Share Repurchase Program
Equity [Line Items]
Stock repurchased and retired during period	$ 155,000
ESH REIT | Mandatorily Redeemable Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	350,000,000	350,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
ESH REIT | Common Class B
Equity [Line Items]
Common stock, shares authorized (in shares)	7,800,000,000
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	179,500,000	188,200,000
Parent | Paired Share Repurchase Program
Equity [Line Items]
Stock repurchased and retired during period	$ 263,300

Equity - Noncontrolling Interes

Equity - Noncontrolling Interests (Detail) - Non-controlling Interests - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Equity [Line Items]
Preferred stock, shares outstanding (in shares)	125	125
Preferred stock, dividend rate (as a percent)	12.50%	12.50%
Common Class B
Equity [Line Items]
Total common equity (as a percent)	42.00%	43.00%

Equity - ESH REIT (Detail)

Equity - ESH REIT (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Equity [Line Items]
Common stock, shares authorized (in shares)	3,500,000,000	3,500,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	179,483,397	188,219,605
Common stock, shares outstanding (in shares)	179,483,397	188,219,605
Stock repurchased and retired during period	$ 130,721	$ 85,405	$ 62,323
Mandatorily Redeemable Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	350,000,000	350,000,000
Preferred stock, shares issued (in shares)	7,130,000	7,130,000
Preferred stock, shares outstanding (in shares)	7,130,000	7,130,000
Preferred stock, dividend rate (as a percent)	8.00%	8.00%
Preferred stock, redemption value (in dollars per share)	$ 1,000
Common Class B
Equity [Line Items]
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	1
ESH REIT
Equity [Line Items]
Distributions paid to common shareholders	$ 241,000	$ 277,800	235,600
Dividend paid to corporation	$ 137,800	$ 157,800	$ 132,800
ESH REIT | Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	125	125
Preferred stock, shares issued (in shares)	125	125
Preferred stock, shares outstanding (in shares)	125	125
Preferred stock, dividend rate (as a percent)	12.50%	12.50%
Preferred stock, redemption value (in dollars per share)	$ 1,000
ESH REIT | Mandatorily Redeemable Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	350,000,000	350,000,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
ESH REIT | Common Class A
Equity [Line Items]
Common stock, shares authorized (in shares)	4,300,000,000	4,300,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	250,500,000	250,500,000
Common stock, shares outstanding (in shares)	250,500,000	250,500,000
ESH REIT | Common Class B
Equity [Line Items]
Common stock, shares authorized (in shares)	7,800,000,000
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	179,500,000	188,200,000

Equity - REIT - Additional Info

Equity - REIT - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Equity [Line Items]
Common stock, shares authorized (in shares)	3,500,000,000	3,500,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	179,483,397	188,219,605
Common stock, shares outstanding (in shares)	179,483,397	188,219,605
Stock repurchased and retired during period	$ 130,721	$ 85,405	$ 62,323
Paired Share Repurchase Program
Equity [Line Items]
Amount of stock repurchase plan authorized					$ 550,000
Stock repurchased and retired during period (in shares)	26,400,000
Mandatorily Redeemable Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	350,000,000	350,000,000
Preferred stock, shares issued (in shares)	7,130,000	7,130,000
Preferred stock, shares outstanding (in shares)	7,130,000	7,130,000
Preferred stock, dividend rate (as a percent)	8.00%	8.00%
Preferred stock, redemption value (in dollars per share)	$ 1,000
Common Class B
Equity [Line Items]
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	1
Common Class B | Paired Share Repurchase Program
Equity [Line Items]
Amount remaining available under the Paired Share repurchase program	$ 132,200
ESH Hospitality, Inc.
Equity [Line Items]
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares issued (in shares)	1
Preferred stock, shares authorized (in shares)	125	125
Preferred stock, shares issued (in shares)	125	125
Preferred stock, shares outstanding (in shares)	125	125
Preferred stock, redemption value (in dollars per share)	$ 1,000	$ 1,000
Distributions paid to common shareholders	$ 241,000	$ 277,800	235,600
Dividend paid to corporation	137,800	157,800	132,800
Stock repurchased and retired during period	$ 47,507	$ 31,059	$ 22,776
ESH Hospitality, Inc. | Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	125	125
Preferred stock, shares issued (in shares)	125	125
Preferred stock, shares outstanding (in shares)	125	125	125	125
Preferred stock, dividend rate (as a percent)	12.50%	12.50%
Preferred stock, redemption value (in dollars per share)	$ 1,000
ESH Hospitality, Inc. | Paired Share Repurchase Program
Equity [Line Items]
Amount of stock repurchase plan authorized				$ 550,000
ESH Hospitality, Inc. | Mandatorily Redeemable Preferred Stock
Equity [Line Items]
Preferred stock, shares authorized (in shares)	350,000,000	350,000,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
ESH Hospitality, Inc. | Common Class A
Equity [Line Items]
Common stock, shares authorized (in shares)	4,300,000,000	4,300,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	250,493,583	250,493,583
Common stock, shares outstanding (in shares)	250,493,583	250,493,583
ESH Hospitality, Inc. | Common Class B
Equity [Line Items]
Common stock, shares authorized (in shares)	7,800,000,000	7,800,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	179,483,397	188,219,605
Common stock, shares outstanding (in shares)	179,483,397	188,219,605
Stock repurchased and retired during period (in shares)			2,000,000
ESH Hospitality, Inc. | Common Class B | Paired Share Repurchase Program
Equity [Line Items]
Stock repurchased and retired during period (in shares)	26,400,000
Stock repurchased and retired during period	$ 155,000
Amount remaining available under the Paired Share repurchase program	$ 132,200

Commitments and Contingencies_3

Commitments and Contingencies - Additional Information (Detail) $ in Millions	Dec. 31, 2019USD ($)lawsuitletter_of_creditHotel	Dec. 31, 2019USD ($)Hotelletter_of_creditleaseterm	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Commitment And Contingencies [Line Items]
Number of ground leased hotel properties | Hotel	5	5
Hotel site for which development is in process | Hotel	1	1
Termination period of ground lease agreements, Start		2023
Termination period of ground lease agreements, End		2096
Lease renewal term	5 years	5 years
Option to renew the lease for two additional terms | term		2
Rent expense on office and ground leases | $			$ 3.2	$ 3.2
Number of outstanding letters of credit | letter_of_credit	1	1
Letters of credit outstanding | $	$ 0.2	$ 0.2
Number of lawsuits | lawsuit	6
Land
Commitment And Contingencies [Line Items]
Number of operating leases | lease		3
Number of finance leases | lease		2
Minimum
Commitment And Contingencies [Line Items]
Lease renewal term	5 years	5 years
Maximum
Commitment And Contingencies [Line Items]
Lease renewal term	10 years	10 years

Commitments and Contingencies_4

Commitments and Contingencies - Schedule of Lease Cost (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
Operating lease costs	$ 3,119
Finance lease costs - interest	242
Total lease costs	$ 3,361

Commitments and Contingencies_5

Commitments and Contingencies - Schedule of Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Right-of-use assets:
Operating	$ 4,863
Finance	3,979
Finance		$ 3,843
Lease Liabilities [Abstract]
Operating	12,590
Finance	$ 3,379
Finance		$ 3,360

Commitments and Contingencies_6

Commitments and Contingencies - Future Minimum Lease Payments Under Operating Leases (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Operating Leases
2020	$ 2,899
2021	2,220
2022	806
2023	545
2024	503
Thereafter	77,594
Total	84,567
Total discounted lease liability	12,590
Difference between undiscounted cash flows and discounted cash flows	$ 71,977
Weighted-average remaining lease term	43 years
Weighted-average discount rate	6.30%
Finance Leases
2020	$ 386
2021	395
2022	397
2023	400
2024	402
Thereafter	3,100
Total	5,080
Total discounted lease liability	3,379
Difference between undiscounted cash flows and discounted cash flows	$ 1,701
Weighted-average remaining lease term	12 years
Weighted-average discount rate	7.00%

Commitments and Contingencies_7

Commitments and Contingencies - REIT - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2019Hotel	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Commitment And Contingencies [Line Items]
Number of ground leased hotel properties	5
Hotel site for which development is in process	1
Termination period of ground lease agreements, Start	2023
Termination period of ground lease agreements, End	2096
Lease renewal term	5 years
Rent expense on office and ground leases | $		$ 3.2	$ 3.2
Minimum
Commitment And Contingencies [Line Items]
Lease renewal term	5 years
Maximum
Commitment And Contingencies [Line Items]
Lease renewal term	10 years
ESH Hospitality, Inc.
Commitment And Contingencies [Line Items]
Number of ground leased hotel properties	5
Hotel site for which development is in process	1
Termination period of ground lease agreements, Start	2023
Termination period of ground lease agreements, End	2096
Rent expense on office and ground leases | $		$ 1.5	$ 1.5
ESH Hospitality, Inc. | Minimum
Commitment And Contingencies [Line Items]
Lease renewal term	5 years
ESH Hospitality, Inc. | Maximum
Commitment And Contingencies [Line Items]
Lease renewal term	10 years

Commitment and Contingencies -

Commitment and Contingencies - Lease Cost (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Lessee, Lease, Description [Line Items]
Operating lease costs	$ 3,119
Finance lease costs - interest	242
Total lease costs	3,361
ESH Hospitality, Inc.
Lessee, Lease, Description [Line Items]
Operating lease costs	1,348
Finance lease costs - interest	242
Total lease costs	$ 1,590

Commitment and Contingencies _2

Commitment and Contingencies - Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Right-of-use assets:
Operating	$ 4,863
Finance	3,979
Finance		$ 3,843
Lease Liabilities [Abstract]
Operating	12,590
Finance	3,379
Finance		3,360
ESH Hospitality, Inc.
Right-of-use assets:
Operating	2,084
Finance	3,979
Finance		3,843
Lease Liabilities [Abstract]
Operating	9,207
Finance	$ 3,379
Finance		$ 3,360

Commitments and Contingencies_8

Commitments and Contingencies - REIT - Future Minimum Lease Payments Under Operating Leases (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Operating Leases
2020	$ 2,899
2021	2,220
2022	806
2023	545
2024	503
Thereafter	77,594
Total	84,567
Total discounted lease liability	12,590
Difference between undiscounted cash flows and discounted cash flows	$ 71,977
Weighted-average remaining lease term	43 years
Weighted-average discount rate	6.30%
Finance Leases
2020	$ 386
2021	395
2022	397
2023	400
2024	402
Thereafter	3,100
Total	5,080
Total discounted lease liability	3,379
Difference between undiscounted cash flows and discounted cash flows	$ 1,701
Weighted-average remaining lease term	12 years
Weighted-average discount rate	7.00%
ESH Hospitality, Inc.
Operating Leases
2020	$ 779
2021	784
2022	806
2023	545
2024	503
Thereafter	77,594
Total	81,011
Total discounted lease liability	9,207
Difference between undiscounted cash flows and discounted cash flows	$ 71,804
Weighted-average remaining lease term	58 years
Weighted-average discount rate	6.60%
Finance Leases
2020		$ 386
2021		395
2022		397
2023		400
2024		402
Thereafter		3,100
Total		$ 5,080
Total discounted lease liability	$ 3,379
Difference between undiscounted cash flows and discounted cash flows	$ 1,701
Weighted-average remaining lease term	12 years
Weighted-average discount rate	7.00%

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of paired share award under long term incentive plan (in shares)	8
Maximum number of paired shares to be granted under incentive stock options (in shares)	4
Shares available for future issuance under long-term incentive plan	4.6
General and Administrative Expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation expense	$ 6.9	$ 7.7	$ 7.6
Performance Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period	1 year
Market Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period	3 years
Minimum | Performance Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of performance-based awards vest	0.00%
Minimum | Market Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of performance-based awards vest	0.00%
Minimum | ESH REIT | Service Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period	1 year
Maximum | Performance Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of performance-based awards vest	200.00%
Maximum | Market Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of performance-based awards vest	150.00%
Maximum | ESH REIT | Service Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period	3 years

Equity-Based Compensation - Sch

Equity-Based Compensation - Schedule of Unrecognized Compensation Cost (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation expense	$ 12,058
Service-Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation expense	$ 10,180
Remaining Weighted- Average Amortization Period (in years)	1 year 7 months 6 days
Performance-Based Awards - Market Vesting
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation expense	$ 1,878
Remaining Weighted- Average Amortization Period (in years)	1 year 8 months 12 days

Equity-Based Compensation - Sum

Equity-Based Compensation - Summary of Restricted Stock Award and Restricted Stock Unit Activity (Detail) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Service-Based Awards
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding RSAs/RSUs-Beginning Balance (in shares)	523	602	892
RSAs/RSUs granted (in shares)	687	401	272
RSAs/RSUs settled (in shares)	(249)	(399)	(417)
RSAs/RSUs forfeited (in shares)	(33)	(81)	(145)
Outstanding RSAs/RSUs-Ending Balance (in shares)	928	523	602
Vested RSAs/RSUs (in shares)	38	7
Nonvested RSAs/RSUs (in shares)	890	516
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant-Date Fair Value per RSA/RSU, Outstanding Beginning Balance (in dollars per share)	$ 18.42	$ 17.06	$ 16.93
Weighted-Average Grant-Date Fair Value per RSA/RSU, granted (in dollars per share)	16.02	19.42	17.51
Weighted-Average Grant-Date Fair Value per RSA/RSU, settled (in dollars per share)	18.03	17.46	17.75
Weighted-Average Grant-Date Fair Value per RSA/RSU, forfeited (in dollars per share)	17.86	18.05	15.13
Weighted-Average Grant-Date Fair Value per RSA/RSU, Outstanding Ending Balance (in dollars per share)	16.77	18.42	$ 17.06
Vested RSAs/RSUs (in dollars per share)	15.52	19.11
Nonvested RSAs/RSUs (in dollars per share)	$ 16.82	$ 18.41
Performance-Based Awards - Performance Vesting
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding RSAs/RSUs-Beginning Balance (in shares)	32	153	119
RSAs/RSUs granted (in shares)	24	57	192
RSAs/RSUs settled (in shares)	(33)	(153)	(119)
RSAs/RSUs forfeited (in shares)	(23)	(25)	(39)
Outstanding RSAs/RSUs-Ending Balance (in shares)	0	32	153
Vested RSAs/RSUs (in shares)	0	32
Nonvested RSAs/RSUs (in shares)	0	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant-Date Fair Value per RSA/RSU, Outstanding Beginning Balance (in dollars per share)	$ 19.52	$ 17.45	$ 14.07
Weighted-Average Grant-Date Fair Value per RSA/RSU, granted (in dollars per share)	17.20	19.52	17.45
Weighted-Average Grant-Date Fair Value per RSA/RSU, settled (in dollars per share)	19.46	17.45	14.07
Weighted-Average Grant-Date Fair Value per RSA/RSU, forfeited (in dollars per share)	17.20	19.52	17.45
Weighted-Average Grant-Date Fair Value per RSA/RSU, Outstanding Ending Balance (in dollars per share)	0	19.52	$ 17.45
Vested RSAs/RSUs (in dollars per share)	0	19.52
Nonvested RSAs/RSUs (in dollars per share)	$ 0	$ 0
Performance-Based Awards - Market Vesting
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding RSAs/RSUs-Beginning Balance (in shares)	297	211	972
RSAs/RSUs granted (in shares)	247	204	104
RSAs/RSUs settled (in shares)	(53)	(41)	0
RSAs/RSUs forfeited (in shares)	(236)	(77)	(865)
Outstanding RSAs/RSUs-Ending Balance (in shares)	255	297	211
Vested RSAs/RSUs (in shares)	45	50
Nonvested RSAs/RSUs (in shares)	210	247
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant-Date Fair Value per RSA/RSU, Outstanding Beginning Balance (in dollars per share)	$ 16.79	$ 16.46	$ 9.01
Weighted-Average Grant-Date Fair Value per RSA/RSU, granted (in dollars per share)	15.35	17.41	18.58
Weighted-Average Grant-Date Fair Value per RSA/RSU, settled (in dollars per share)	12.36	20.76	0
Weighted-Average Grant-Date Fair Value per RSA/RSU, forfeited (in dollars per share)	16.52	15.36	8.35
Weighted-Average Grant-Date Fair Value per RSA/RSU, Outstanding Ending Balance (in dollars per share)	16.56	16.79	$ 16.46
Vested RSAs/RSUs (in dollars per share)	18.58	12.03
Nonvested RSAs/RSUs (in dollars per share)	$ 16.11	$ 17.75

Equity-Based Compensation - S_2

Equity-Based Compensation - Summary of Key Assumptions Used for Fair Value Computation (Detail) - Performance Based Awards	12 Months Ended
	Dec. 31, 2019
Schedule Of Share Based Compensation Arrangements By Share Based Payment Award Options [Line Items]
Expected holding period	2 years 10 months 24 days
Risk–free rate of return (as a percent)	2.46%
Expected dividend yield (as a percent)	5.12%

Equity-Based Compensation - R_3

Equity-Based Compensation - REIT - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of paired share award under long term incentive plan (in shares)	8,000,000
Maximum number of paired shares to be granted under incentive stock options (in shares)	4,000,000
Shares available for future issuance under long-term incentive plan	4,600,000
Total unrecognized compensation expense	$ 12,058
General and Administrative Expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation expense	$ 6,900	$ 7,700	$ 7,600
ESH Hospitality, Inc.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of paired share award under long term incentive plan (in shares)	8,000,000
Maximum number of paired shares to be granted under incentive stock options (in shares)	4,000,000
Shares available for future issuance under long-term incentive plan	4,600,000
Total unrecognized compensation expense	$ 200
Remaining Weighted- Average Amortization Period (in years)	4 months 24 days
ESH Hospitality, Inc. | Common Class B
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock, granted (in shares)	4,700,000
Restricted stock, forfeited or settled (in shares)	3,600,000
Restricted stock, granted (in shares)	1,100,000
Percentage of award vest	100.00%
ESH Hospitality, Inc. | General and Administrative Expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation expense	$ 500	$ 600	$ 400

Equity-Based Compensation - R_4

Equity-Based Compensation - REIT- Schedule of RSU Activity (Details) - RSU - ESH Hospitality, Inc. - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding RSAs/RSUs-Beginning Balance (in shares)	33	39	28
RSAs/RSUs granted (in shares)	31	28	26
RSAs/RSUs settled (in shares)	(33)	(34)	(15)
RSAs/RSUs forfeited (in shares)	0	0	0
Outstanding RSAs/RSUs-Ending Balance (in shares)	31	33	39
Vested RSAs/RSUs (in shares)	0	0
Nonvested RSAs/RSUs (in shares)				31	33
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant-Date Fair Value per RSA/RSU, Outstanding Beginning Balance (in dollars per share)	$ 18.68	$ 16.91	$ 14.57
Granted fair value per award (in dollars per share)	17.32	19.48	17.56
Weighted-Average Grant-Date Fair Value per RSA/RSU, settled (in dollars per share)	18.68	17.32	13.66
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Grant Date Fair Value	18.68	16.91	14.57	$ 17.32	$ 18.68
Weighted-Average Grant-Date Fair Value per RSA/RSU, forfeited (in dollars per share)	0	0	$ 0
Vested RSAs/RSUs (in dollars per share)	$ 0	$ 0
Nonvested RSAs/RSUs (in dollars per share)				$ 17.32	$ 18.68

Defined Contribution Benefit _2

Defined Contribution Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Contribution Plan Disclosure [Line Items]
Rabbi trust assets	$ 2,300,000	$ 1,400,000
Savings 401(k) Plan
Defined Contribution Plan Disclosure [Line Items]
Employer-matching contribution	50.00%
Employees contribution percentage basis for employer matching contribution (as a percent)	6.00%
Employees initial service period	3 years
Annual deferral limit	$ 19,000	18,500	$ 18,000
Amount of Employer contributions during period	$ 1,900,000	$ 1,800,000	$ 1,700,000
Savings 401(k) Plan | Share-based Compensation Award, Tranche One
Defined Contribution Plan Disclosure [Line Items]
Employer-matching contribution	100.00%
Non-Qualified Deferred Compensation Plan
Defined Contribution Plan Disclosure [Line Items]
Employer-matching contribution	50.00%
Employees contribution percentage basis for employer matching contribution (as a percent)	6.00%
Employees initial service period	3 years

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Stock repurchased and retired during period	$ 130,721,000	$ 85,405,000	$ 62,323,000
Line of Credit | Loan payable (Unsecured Credit Facility)
Related Party Transaction [Line Items]
Unsecured intercompany facility, carrying amount	0	0
Line of Credit | Loan payable (Unsecured Credit Facility) | ESH REIT
Related Party Transaction [Line Items]
Unsecured intercompany facility, carrying amount	0	$ 0
Unsecured Debt | Line of Credit | Loan payable (Unsecured Credit Facility) | ESH REIT
Related Party Transaction [Line Items]
Additional principal available (up to)	$ 300,000,000
Secondary Offering
Related Party Transaction [Line Items]
Stock repurchased and retired during period			$ 21,400,000
Secondary Offering | ESH REIT
Related Party Transaction [Line Items]
Stock repurchased and retired during period (in shares)			2,000,000
Stock repurchased and retired during period			$ 12,200,000
Mandatorily Redeemable Preferred Stock
Related Party Transaction [Line Items]
Preferred shares repurchased (in shares)			14,069
Preferred shares repurchased amount			$ 14,100,000
Mandatorily Redeemable Preferred Stock | Sponsors
Related Party Transaction [Line Items]
Outstanding redeemable preferred stock (in shares)	7,036	7,036

Related Party Transactions - _3

Related Party Transactions - REIT - Additional Information (Detail) shares in Thousands	4 Months Ended	12 Months Ended			32 Months Ended
	Apr. 30, 2017lease	Dec. 31, 2019USD ($)shares	Dec. 31, 2018USD ($)shares	Dec. 31, 2017USD ($)shares	Dec. 31, 2019USD ($)lease
Related Party Transaction [Line Items]
Stock repurchased and retired during period		$ 130,721,000	$ 85,405,000	$ 62,323,000
Common distributions		67,182,000	45,791,000	56,126,000
Line of Credit | Unsecured Intercompany Facility
Related Party Transaction [Line Items]
Unsecured intercompany facility, carrying amount		0	0		$ 0
ESH Hospitality, Inc.
Related Party Transaction [Line Items]
Number of leases | lease	4				3
Fixed rental revenues		472,523,000	450,277,000	461,162,000
Percentage rental revenues		$ 177,375,000	217,151,000	222,338,000
Lease renewal term		5 years			5 years
Expenses from related party		$ 9,900,000	9,800,000	8,500,000
Stock repurchased and retired during period		47,507,000	31,059,000	22,776,000
Common distributions		240,983,000	277,814,000	235,604,000
Issuance of Class B common stock related to issuance of Paired Shares		1,510,000	2,732,000	1,915,000
ESH Hospitality, Inc. | Common Class A
Related Party Transaction [Line Items]
Common distributions		137,800,000	157,800,000	$ 132,800,000
ESH Hospitality, Inc. | Common Class B
Related Party Transaction [Line Items]
Stock repurchased and retired during period (in shares) | shares				2,000
Issuance of Class B common stock related to issuance of Paired Shares		$ 1,400,000	$ 2,600,000	$ 1,900,000
Stock Issued During Period, Shares, New Issues | shares		200	400	300
Corporation RSUs vested and not settled | shares		83	89
Due from Extended Stay America, Inc.		$ 300,000	$ 400,000		$ 300,000
ESH Hospitality, Inc. | Sponsors | Common Class B
Related Party Transaction [Line Items]
Stock repurchased and retired during period				$ 12,200,000
ESH Hospitality, Inc. | Corporation | Equity awards receivable (payable)
Related Party Transaction [Line Items]
Equity-based compensation expense		900,000	900,000	1,100,000
ESH Hospitality, Inc. | Unsecured Intercompany Facility
Related Party Transaction [Line Items]
Unsecured intercompany facility, carrying amount		0	0		0
ESH Hospitality, Inc. | Line of Credit | Unsecured Intercompany Facility
Related Party Transaction [Line Items]
Unsecured intercompany facility, carrying amount		0	0		0
ESH Hospitality, Inc. | Unsecured Debt | Line of Credit | Unsecured Intercompany Facility
Related Party Transaction [Line Items]
Interest expense, related party		0	$ 0	$ 2,400,000
Additional principal available (up to)		$ 300,000,000			$ 300,000,000

Related Party Transactions - _4

Related Party Transactions - REIT - Schedule of Future Fixed Rental Payments (Detail) - ESH Hospitality, Inc. $ in Thousands	Dec. 31, 2019USD ($)
Related Party Transaction [Line Items]
2020	$ 466,586
2021	478,567
2022	490,566
2023	418,795
2024	0
Total	$ 1,854,514

Related Party Transactions - _5

Related Party Transactions - REIT - Schedule of Related Party Transaction Balances (Details) - ESH Hospitality, Inc. - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Rents receivable	$ 1,572	$ 4,098
Deferred rents receivable	28,917	8,637
Unearned rental revenues	(38,770)	(37,506)
Working Capital and Other [Abstract]
Ordinary working capital	(12,160)	(12,581)
Equity award receivable (payable)	322	404
Total working capital and other	$ (11,838)	$ (12,177)

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions	Feb. 26, 2020	Feb. 27, 2018	Feb. 21, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Cash distributions per common share declared (in dollars per share)				$ 0.36	$ 0.24	$ 0.29
Stock repurchased and retired during period				$ 130,721	$ 85,405	$ 62,323
Subsequent Event
Subsequent Event [Line Items]
Cash distributions per common share declared (in dollars per share)	$ 0.09
Paired Share Repurchase Program
Subsequent Event [Line Items]
Stock repurchased and retired during period (in shares)				26.4
Paired Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Stock repurchased and retired during period (in shares)			2.2
Parent | Paired Share Repurchase Program
Subsequent Event [Line Items]
Stock repurchased and retired during period				$ 263,300
Parent | Paired Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Stock repurchased and retired during period			$ 19,800
ESH REIT | Paired Share Repurchase Program
Subsequent Event [Line Items]
Stock repurchased and retired during period				$ 155,000
ESH REIT | Paired Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Stock repurchased and retired during period			11,300
Common Class A | ESH REIT | Subsequent Event
Subsequent Event [Line Items]
Cash distributions per common share declared (in dollars per share)	$ 0.14
Common Class B
Subsequent Event [Line Items]
Cash distributions per common share declared (in dollars per share)				$ 0.55	$ 0.63	$ 0.53
Common Class B | Paired Share Repurchase Program
Subsequent Event [Line Items]
Amount remaining available under the Paired Share repurchase program				$ 132,200
Common Class B | Paired Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Amount remaining available under the Paired Share repurchase program			$ 101,100
Common Class B | ESH REIT
Subsequent Event [Line Items]
Cash distributions per common share declared (in dollars per share)		$ 0.15

Subsequent Events - REIT - Addi

Subsequent Events - REIT - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions	Feb. 26, 2020	Feb. 21, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Cash distributions per common share (in dollars per share)			$ 0.36	$ 0.24	$ 0.29
Stock repurchased and retired during period			$ 130,721	$ 85,405	$ 62,323
Subsequent Event
Subsequent Event [Line Items]
Cash distributions per common share (in dollars per share)	$ 0.09
Common Class B
Subsequent Event [Line Items]
Cash distributions per common share (in dollars per share)			$ 0.55	$ 0.63	$ 0.53
Paired Share Repurchase Program
Subsequent Event [Line Items]
Stock repurchased and retired during period (in shares)			26.4
Paired Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Stock repurchased and retired during period (in shares)		2.2
Paired Share Repurchase Program | Common Class B
Subsequent Event [Line Items]
Amount remaining available under the Paired Share repurchase program			$ 132,200
Paired Share Repurchase Program | Common Class B | Subsequent Event
Subsequent Event [Line Items]
Amount remaining available under the Paired Share repurchase program		$ 101,100
ESH Hospitality, Inc.
Subsequent Event [Line Items]
Stock repurchased and retired during period			$ 47,507	$ 31,059	$ 22,776
ESH Hospitality, Inc. | Common Class A
Subsequent Event [Line Items]
Cash distributions per common share (in dollars per share)			$ 0.55	$ 0.63	$ 0.53
ESH Hospitality, Inc. | Common Class A | Subsequent Event
Subsequent Event [Line Items]
Cash distributions per common share (in dollars per share)	0.14
ESH Hospitality, Inc. | Common Class B
Subsequent Event [Line Items]
Cash distributions per common share (in dollars per share)			$ 0.55	$ 0.63	$ 0.53
Stock repurchased and retired during period (in shares)					2
ESH Hospitality, Inc. | Common Class B | Subsequent Event
Subsequent Event [Line Items]
Cash distributions per common share (in dollars per share)	$ 0.14
ESH Hospitality, Inc. | Paired Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Stock repurchased and retired during period (in shares)		2.2
Stock repurchased and retired during period		$ 11,300
ESH Hospitality, Inc. | Paired Share Repurchase Program | Common Class B
Subsequent Event [Line Items]
Stock repurchased and retired during period (in shares)			26.4
Stock repurchased and retired during period			$ 155,000
Amount remaining available under the Paired Share repurchase program			$ 132,200
ESH Hospitality, Inc. | Paired Share Repurchase Program | Common Class B | Subsequent Event
Subsequent Event [Line Items]
Amount remaining available under the Paired Share repurchase program		$ 101,100

Schedule III - Real Estate an_2

Schedule III - Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,154,368
Initial Cost - Building and Improvements	2,314,304
Initial Cost - FF&E	45,249
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Construction in Progress	0
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75,538
Cost Capitalized Subsequent to Acquisition - Building and Improvements	478,275
Cost Capitalized Subsequent to Acquisition - FF&E	728,901
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Construction in Progress	70,864
Gross Amount Carried - Land and Improvements	1,229,906
Gross Amount Carried - Building and Improvements	2,792,579
Gross Amount Carried - FF&E	774,150
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Construction in Progress	70,864
Total	4,867,499	$ 4,671,737	$ 4,895,933	$ 4,878,973
Accumulated Depreciation	(1,373,950)	(1,218,105)	(1,142,799)	(973,669)
ESH REIT
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	1,154,368
Initial Cost - Building and Improvements	2,314,304
Initial Cost - FF&E	45,249
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Construction in Progress	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Construction in Progress	70,864
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Construction in Progress	70,864
Total	4,878,615	4,683,544	4,918,804	4,874,018
Accumulated Depreciation	(1,372,595)	$ (1,215,899)	$ (1,143,164)	$ (959,449)
Land and Improvements, Excluding Accumulated Impairment	77,905
Building and Improvements, Excluding Accumulated Impairment	509,757
FF&E, Excluding Accumulated Impairment	706,168
Land and Improvements, Excluding Accumulated Impairment	1,232,273
Buildings and Improvements, Excluding Accumulated Impairment	2,824,061
FF&E, Excluding Accumulated Impairment	751,417
Total, Excluding Accumulated Impairment	4,878,615
Accumulated Depreciation, Excluding Accumulated Impairment	(1,372,595)
Corporate Segment
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	0
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	0
Cost Capitalized Subsequent to Acquisition - Land and Improvements	(2,367)
Cost Capitalized Subsequent to Acquisition - Building and Improvements	(34,399)
Cost Capitalized Subsequent to Acquisition - FF&E	(6,272)
Gross Amount Carried - Land and Improvements	(2,367)
Gross Amount Carried - Building and Improvements	(34,399)
Gross Amount Carried - FF&E	(6,272)
Total	(43,038)
Accumulated Depreciation	18,823
Anchorage Downtown [Member] | ALASKA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	723
Initial Cost - Building and Improvements	8,791
Initial Cost - FF&E	137
Cost Capitalized Subsequent to Acquisition - Land and Improvements	102
Cost Capitalized Subsequent to Acquisition - Building and Improvements	921
Cost Capitalized Subsequent to Acquisition - FF&E	1,235
Gross Amount Carried - Land and Improvements	825
Gross Amount Carried - Building and Improvements	9,712
Gross Amount Carried - FF&E	1,372
Total	11,909
Accumulated Depreciation	$ (3,727)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Anchorage Midtown [Member] | ALASKA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,600
Initial Cost - Building and Improvements	20,740
Initial Cost - FF&E	240
Cost Capitalized Subsequent to Acquisition - Land and Improvements	103
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,024
Cost Capitalized Subsequent to Acquisition - FF&E	1,624
Gross Amount Carried - Land and Improvements	2,703
Gross Amount Carried - Building and Improvements	21,764
Gross Amount Carried - FF&E	1,864
Total	26,331
Accumulated Depreciation	$ (6,768)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	45 years
Fairbanks Old Airport Way [Member] | ALASKA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,978
Initial Cost - Building and Improvements	12,016
Initial Cost - FF&E	98
Cost Capitalized Subsequent to Acquisition - Land and Improvements	163
Cost Capitalized Subsequent to Acquisition - Building and Improvements	995
Cost Capitalized Subsequent to Acquisition - FF&E	1,112
Gross Amount Carried - Land and Improvements	3,141
Gross Amount Carried - Building and Improvements	13,011
Gross Amount Carried - FF&E	1,210
Total	17,362
Accumulated Depreciation	$ (4,634)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	40 years
Juneau Shell Simmons Drive [Member] | ALASKA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,979
Initial Cost - Building and Improvements	12,135
Initial Cost - FF&E	132
Cost Capitalized Subsequent to Acquisition - Land and Improvements	99
Cost Capitalized Subsequent to Acquisition - Building and Improvements	894
Cost Capitalized Subsequent to Acquisition - FF&E	1,085
Gross Amount Carried - Land and Improvements	3,078
Gross Amount Carried - Building and Improvements	13,029
Gross Amount Carried - FF&E	1,217
Total	17,324
Accumulated Depreciation	$ (4,361)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Birmingham Inverness [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 359
Initial Cost - Building and Improvements	688
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	35
Cost Capitalized Subsequent to Acquisition - Building and Improvements	560
Cost Capitalized Subsequent to Acquisition - FF&E	994
Gross Amount Carried - Land and Improvements	394
Gross Amount Carried - Building and Improvements	1,248
Gross Amount Carried - FF&E	1,027
Total	2,669
Accumulated Depreciation	$ (1,132)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Birmingham Perimeter Park South [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,737
Initial Cost - Building and Improvements	3,218
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	930
Cost Capitalized Subsequent to Acquisition - FF&E	1,265
Gross Amount Carried - Land and Improvements	1,829
Gross Amount Carried - Building and Improvements	4,148
Gross Amount Carried - FF&E	1,318
Total	7,295
Accumulated Depreciation	$ (2,178)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Birmingham Wildwood [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 385
Initial Cost - Building and Improvements	1,890
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	124
Cost Capitalized Subsequent to Acquisition - Building and Improvements	478
Cost Capitalized Subsequent to Acquisition - FF&E	1,122
Gross Amount Carried - Land and Improvements	509
Gross Amount Carried - Building and Improvements	2,368
Gross Amount Carried - FF&E	1,155
Total	4,032
Accumulated Depreciation	$ (1,640)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Huntsville US Space and Rocket Center [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 770
Initial Cost - Building and Improvements	5,385
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	78
Cost Capitalized Subsequent to Acquisition - Building and Improvements	757
Cost Capitalized Subsequent to Acquisition - FF&E	982
Gross Amount Carried - Land and Improvements	848
Gross Amount Carried - Building and Improvements	6,142
Gross Amount Carried - FF&E	1,021
Total	8,011
Accumulated Depreciation	$ (2,580)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Mobile Spring Hill [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,185
Initial Cost - Building and Improvements	7,479
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	93
Cost Capitalized Subsequent to Acquisition - Building and Improvements	846
Cost Capitalized Subsequent to Acquisition - FF&E	1,206
Gross Amount Carried - Land and Improvements	1,278
Gross Amount Carried - Building and Improvements	8,325
Gross Amount Carried - FF&E	1,247
Total	10,850
Accumulated Depreciation	$ (3,447)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Montgomery Carmichael Rd [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,045
Initial Cost - FF&E	35
Cost Capitalized Subsequent to Acquisition - Land and Improvements	117
Cost Capitalized Subsequent to Acquisition - Building and Improvements	467
Cost Capitalized Subsequent to Acquisition - FF&E	976
Gross Amount Carried - Land and Improvements	1,162
Gross Amount Carried - Building and Improvements	467
Gross Amount Carried - FF&E	1,011
Total	2,640
Accumulated Depreciation	$ (1,040)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Montgomery Eastern Blvd [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 600
Initial Cost - Building and Improvements	4,231
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	93
Cost Capitalized Subsequent to Acquisition - Building and Improvements	516
Cost Capitalized Subsequent to Acquisition - FF&E	1,153
Gross Amount Carried - Land and Improvements	693
Gross Amount Carried - Building and Improvements	4,747
Gross Amount Carried - FF&E	1,197
Total	6,637
Accumulated Depreciation	$ (2,422)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Little Rock - Financial Centre Parkway [Member]. | ARKANSAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,630
Initial Cost - Building and Improvements	2,916
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	94
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,068
Cost Capitalized Subsequent to Acquisition - FF&E	1,357
Gross Amount Carried - Land and Improvements	1,724
Gross Amount Carried - Building and Improvements	3,984
Gross Amount Carried - FF&E	1,403
Total	7,111
Accumulated Depreciation	$ (2,276)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Little Rock West Little Rock [Member] | ARKANSAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,708
Initial Cost - Building and Improvements	1,931
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	60
Cost Capitalized Subsequent to Acquisition - Building and Improvements	706
Cost Capitalized Subsequent to Acquisition - FF&E	1,174
Gross Amount Carried - Land and Improvements	1,768
Gross Amount Carried - Building and Improvements	2,637
Gross Amount Carried - FF&E	1,213
Total	5,618
Accumulated Depreciation	$ (1,897)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Fayetteville Springdale [Member] | ARKANSAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,460
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	132
Cost Capitalized Subsequent to Acquisition - Building and Improvements	719
Cost Capitalized Subsequent to Acquisition - FF&E	1,037
Gross Amount Carried - Land and Improvements	1,592
Gross Amount Carried - Building and Improvements	719
Gross Amount Carried - FF&E	1,092
Total	3,403
Accumulated Depreciation	$ (1,383)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Phoenix Mesa [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,098
Initial Cost - Building and Improvements	2,347
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	87
Cost Capitalized Subsequent to Acquisition - Building and Improvements	910
Cost Capitalized Subsequent to Acquisition - FF&E	1,195
Gross Amount Carried - Land and Improvements	1,185
Gross Amount Carried - Building and Improvements	3,257
Gross Amount Carried - FF&E	1,233
Total	5,675
Accumulated Depreciation	$ (1,902)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Phoenix Mesa West [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,305
Initial Cost - Building and Improvements	2,589
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	89
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,084
Cost Capitalized Subsequent to Acquisition - FF&E	1,272
Gross Amount Carried - Land and Improvements	1,394
Gross Amount Carried - Building and Improvements	3,673
Gross Amount Carried - FF&E	1,316
Total	6,383
Accumulated Depreciation	$ (2,082)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Phoenix Peoria [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,229
Initial Cost - Building and Improvements	3,741
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	51
Cost Capitalized Subsequent to Acquisition - Building and Improvements	488
Cost Capitalized Subsequent to Acquisition - FF&E	964
Gross Amount Carried - Land and Improvements	1,280
Gross Amount Carried - Building and Improvements	4,229
Gross Amount Carried - FF&E	1,002
Total	6,511
Accumulated Depreciation	$ (1,984)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Phoenix Airport [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,764
Initial Cost - Building and Improvements	408
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Improvements	650
Cost Capitalized Subsequent to Acquisition - FF&E	1,039
Gross Amount Carried - Land and Improvements	1,825
Gross Amount Carried - Building and Improvements	1,058
Gross Amount Carried - FF&E	1,077
Total	3,960
Accumulated Depreciation	$ (1,322)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Phoenix Airport E Oak St [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,623
Initial Cost - Building and Improvements	1,109
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	145
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,130
Cost Capitalized Subsequent to Acquisition - FF&E	1,805
Gross Amount Carried - Land and Improvements	1,768
Gross Amount Carried - Building and Improvements	2,239
Gross Amount Carried - FF&E	1,862
Total	5,869
Accumulated Depreciation	$ (1,954)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	36 years
Phoenix Biltmore [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,191
Initial Cost - Building and Improvements	1,372
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	116
Cost Capitalized Subsequent to Acquisition - Building and Improvements	724
Cost Capitalized Subsequent to Acquisition - FF&E	1,389
Gross Amount Carried - Land and Improvements	1,307
Gross Amount Carried - Building and Improvements	2,096
Gross Amount Carried - FF&E	1,439
Total	4,842
Accumulated Depreciation	$ (2,023)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Phoenix Deer Valley [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 945
Initial Cost - Building and Improvements	2,092
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Improvements	574
Cost Capitalized Subsequent to Acquisition - FF&E	1,096
Gross Amount Carried - Land and Improvements	1,006
Gross Amount Carried - Building and Improvements	2,666
Gross Amount Carried - FF&E	1,135
Total	4,807
Accumulated Depreciation	$ (1,791)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Phoenix Midtown [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,195
Initial Cost - Building and Improvements	3,918
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	186
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,282
Cost Capitalized Subsequent to Acquisition - FF&E	1,779
Gross Amount Carried - Land and Improvements	1,381
Gross Amount Carried - Building and Improvements	5,200
Gross Amount Carried - FF&E	1,838
Total	8,419
Accumulated Depreciation	$ (2,947)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Phoenix Scottsdale [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,655
Initial Cost - Building and Improvements	3,691
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	143
Cost Capitalized Subsequent to Acquisition - Building and Improvements	669
Cost Capitalized Subsequent to Acquisition - FF&E	1,354
Gross Amount Carried - Land and Improvements	1,798
Gross Amount Carried - Building and Improvements	4,360
Gross Amount Carried - FF&E	1,400
Total	7,558
Accumulated Depreciation	$ (2,454)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Phoenix Scottsdale North [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,476
Initial Cost - Building and Improvements	4,266
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	55
Cost Capitalized Subsequent to Acquisition - Building and Improvements	834
Cost Capitalized Subsequent to Acquisition - FF&E	1,059
Gross Amount Carried - Land and Improvements	1,531
Gross Amount Carried - Building and Improvements	5,100
Gross Amount Carried - FF&E	1,102
Total	7,733
Accumulated Depreciation	$ (2,477)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Phoenix Scottsdale Old Town [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,605
Initial Cost - Building and Improvements	2,564
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	144
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,136
Cost Capitalized Subsequent to Acquisition - FF&E	1,487
Gross Amount Carried - Land and Improvements	1,749
Gross Amount Carried - Building and Improvements	3,700
Gross Amount Carried - FF&E	1,530
Total	6,979
Accumulated Depreciation	$ (2,393)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Depreciable Lives	30 years
Phoenix Airport Tempe [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,228
Initial Cost - Building and Improvements	3,249
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	139
Cost Capitalized Subsequent to Acquisition - Building and Improvements	720
Cost Capitalized Subsequent to Acquisition - FF&E	1,369
Gross Amount Carried - Land and Improvements	1,367
Gross Amount Carried - Building and Improvements	3,969
Gross Amount Carried - FF&E	1,415
Total	6,751
Accumulated Depreciation	$ (2,175)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Tucson Grant Road [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,780
Initial Cost - Building and Improvements	5,364
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	78
Cost Capitalized Subsequent to Acquisition - Building and Improvements	909
Cost Capitalized Subsequent to Acquisition - FF&E	1,222
Gross Amount Carried - Land and Improvements	1,858
Gross Amount Carried - Building and Improvements	6,273
Gross Amount Carried - FF&E	1,265
Total	9,396
Accumulated Depreciation	$ (2,899)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Oakland Alameda [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,165
Initial Cost - Building and Improvements	9,134
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	145
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,005
Cost Capitalized Subsequent to Acquisition - FF&E	3,465
Gross Amount Carried - Land and Improvements	5,310
Gross Amount Carried - Building and Improvements	10,139
Gross Amount Carried - FF&E	3,522
Total	18,971
Accumulated Depreciation	$ (3,728)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Oakland Alameda Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,197
Initial Cost - Building and Improvements	3,067
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	54
Cost Capitalized Subsequent to Acquisition - Building and Improvements	782
Cost Capitalized Subsequent to Acquisition - FF&E	1,639
Gross Amount Carried - Land and Improvements	3,251
Gross Amount Carried - Building and Improvements	3,849
Gross Amount Carried - FF&E	1,694
Total	8,794
Accumulated Depreciation	$ (2,250)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	40 years
San Jose Santa Clara [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,036
Initial Cost - Building and Improvements	2,681
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	668
Cost Capitalized Subsequent to Acquisition - FF&E	1,215
Gross Amount Carried - Land and Improvements	5,154
Gross Amount Carried - Building and Improvements	3,349
Gross Amount Carried - FF&E	1,279
Total	9,782
Accumulated Depreciation	$ (1,852)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Orange County Anaheim Convention Center [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,439
Initial Cost - Building and Improvements	3,574
Initial Cost - FF&E	73
Cost Capitalized Subsequent to Acquisition - Land and Improvements	127
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,083
Cost Capitalized Subsequent to Acquisition - FF&E	1,405
Gross Amount Carried - Land and Improvements	4,566
Gross Amount Carried - Building and Improvements	4,657
Gross Amount Carried - FF&E	1,478
Total	10,701
Accumulated Depreciation	$ (2,560)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Orange County Anaheim Hills [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,779
Initial Cost - Building and Improvements	2,040
Initial Cost - FF&E	98
Cost Capitalized Subsequent to Acquisition - Land and Improvements	46
Cost Capitalized Subsequent to Acquisition - Building and Improvements	855
Cost Capitalized Subsequent to Acquisition - FF&E	1,262
Gross Amount Carried - Land and Improvements	4,825
Gross Amount Carried - Building and Improvements	2,895
Gross Amount Carried - FF&E	1,360
Total	9,080
Accumulated Depreciation	$ (1,872)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Los Angeles Arcadia [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,577
Initial Cost - Building and Improvements	3,647
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	240
Cost Capitalized Subsequent to Acquisition - Building and Improvements	941
Cost Capitalized Subsequent to Acquisition - FF&E	1,378
Gross Amount Carried - Land and Improvements	4,817
Gross Amount Carried - Building and Improvements	4,588
Gross Amount Carried - FF&E	1,423
Total	10,828
Accumulated Depreciation	$ (2,511)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Bakersfield California Avenue [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,186
Initial Cost - Building and Improvements	2,153
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	256
Cost Capitalized Subsequent to Acquisition - Building and Improvements	865
Cost Capitalized Subsequent to Acquisition - FF&E	1,219
Gross Amount Carried - Land and Improvements	1,442
Gross Amount Carried - Building and Improvements	3,018
Gross Amount Carried - FF&E	1,262
Total	5,722
Accumulated Depreciation	$ (2,094)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Bakersfield Chester Lane [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,002
Initial Cost - Building and Improvements	4,514
Initial Cost - FF&E	142
Cost Capitalized Subsequent to Acquisition - Land and Improvements	63
Cost Capitalized Subsequent to Acquisition - Building and Improvements	485
Cost Capitalized Subsequent to Acquisition - FF&E	818
Gross Amount Carried - Land and Improvements	1,065
Gross Amount Carried - Building and Improvements	4,999
Gross Amount Carried - FF&E	960
Total	7,024
Accumulated Depreciation	$ (2,188)
Date Acquired	Oct. 8, 2010
Date of Construction	2005
Depreciable Lives	45 years
San Francisco Belmont [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,910
Initial Cost - Building and Improvements	7,236
Initial Cost - FF&E	103
Cost Capitalized Subsequent to Acquisition - Land and Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,689
Cost Capitalized Subsequent to Acquisition - FF&E	1,925
Gross Amount Carried - Land and Improvements	2,971
Gross Amount Carried - Building and Improvements	8,925
Gross Amount Carried - FF&E	2,028
Total	13,924
Accumulated Depreciation	$ (2,457)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Orange County Brea [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,199
Initial Cost - Building and Improvements	4,778
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	130
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,219
Cost Capitalized Subsequent to Acquisition - FF&E	1,654
Gross Amount Carried - Land and Improvements	5,329
Gross Amount Carried - Building and Improvements	5,997
Gross Amount Carried - FF&E	1,704
Total	13,030
Accumulated Depreciation	$ (3,424)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Los Angeles Burbank Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,120
Initial Cost - Building and Improvements	9,690
Initial Cost - FF&E	106
Cost Capitalized Subsequent to Acquisition - Land and Improvements	89
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,036
Cost Capitalized Subsequent to Acquisition - FF&E	1,959
Gross Amount Carried - Land and Improvements	6,209
Gross Amount Carried - Building and Improvements	10,726
Gross Amount Carried - FF&E	2,065
Total	19,000
Accumulated Depreciation	$ (4,174)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
San Diego Carlsbad Village by Sea [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,783
Initial Cost - Building and Improvements	7,618
Initial Cost - FF&E	96
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	752
Cost Capitalized Subsequent to Acquisition - FF&E	1,192
Gross Amount Carried - Land and Improvements	4,919
Gross Amount Carried - Building and Improvements	8,370
Gross Amount Carried - FF&E	1,288
Total	14,577
Accumulated Depreciation	$ (3,246)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Los Angeles Carson [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,430
Initial Cost - Building and Improvements	2,173
Initial Cost - FF&E	138
Cost Capitalized Subsequent to Acquisition - Land and Improvements	268
Cost Capitalized Subsequent to Acquisition - Building and Improvements	537
Cost Capitalized Subsequent to Acquisition - FF&E	1,096
Gross Amount Carried - Land and Improvements	5,698
Gross Amount Carried - Building and Improvements	2,710
Gross Amount Carried - FF&E	1,234
Total	9,642
Accumulated Depreciation	$ (1,836)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Los Angeles Chino Valley [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,288
Initial Cost - Building and Improvements	3,297
Initial Cost - FF&E	108
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75
Cost Capitalized Subsequent to Acquisition - Building and Improvements	669
Cost Capitalized Subsequent to Acquisition - FF&E	1,191
Gross Amount Carried - Land and Improvements	1,363
Gross Amount Carried - Building and Improvements	3,966
Gross Amount Carried - FF&E	1,299
Total	6,628
Accumulated Depreciation	$ (2,061)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Orange County Cypress [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,543
Initial Cost - Building and Improvements	4,484
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	147
Cost Capitalized Subsequent to Acquisition - Building and Improvements	830
Cost Capitalized Subsequent to Acquisition - FF&E	1,376
Gross Amount Carried - Land and Improvements	5,690
Gross Amount Carried - Building and Improvements	5,314
Gross Amount Carried - FF&E	1,435
Total	12,439
Accumulated Depreciation	$ (2,798)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Dublin Hacienda Dr [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,377
Initial Cost - Building and Improvements	4,243
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	779
Cost Capitalized Subsequent to Acquisition - FF&E	1,492
Gross Amount Carried - Land and Improvements	3,463
Gross Amount Carried - Building and Improvements	5,022
Gross Amount Carried - FF&E	1,544
Total	10,029
Accumulated Depreciation	$ (2,360)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Los Angeles LAX Airport El Segundo [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 9,922
Initial Cost - Building and Improvements	5,598
Initial Cost - FF&E	68
Cost Capitalized Subsequent to Acquisition - Land and Improvements	181
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,144
Cost Capitalized Subsequent to Acquisition - FF&E	2,123
Gross Amount Carried - Land and Improvements	10,103
Gross Amount Carried - Building and Improvements	6,742
Gross Amount Carried - FF&E	2,191
Total	19,036
Accumulated Depreciation	$ (3,752)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Sacramento Elk Grove [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 941
Initial Cost - Building and Improvements	2,290
Initial Cost - FF&E	89
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	548
Cost Capitalized Subsequent to Acquisition - FF&E	954
Gross Amount Carried - Land and Improvements	1,007
Gross Amount Carried - Building and Improvements	2,838
Gross Amount Carried - FF&E	1,043
Total	4,888
Accumulated Depreciation	$ (1,606)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Fairfield Napa Valley [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,490
Initial Cost - Building and Improvements	6,066
Initial Cost - FF&E	135
Cost Capitalized Subsequent to Acquisition - Land and Improvements	143
Cost Capitalized Subsequent to Acquisition - Building and Improvements	542
Cost Capitalized Subsequent to Acquisition - FF&E	895
Gross Amount Carried - Land and Improvements	1,633
Gross Amount Carried - Building and Improvements	6,608
Gross Amount Carried - FF&E	1,030
Total	9,271
Accumulated Depreciation	$ (2,503)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Fremont Fremont Blvd South [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,928
Initial Cost - Building and Improvements	5,364
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	140
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,313
Cost Capitalized Subsequent to Acquisition - FF&E	1,696
Gross Amount Carried - Land and Improvements	3,068
Gross Amount Carried - Building and Improvements	6,677
Gross Amount Carried - FF&E	1,752
Total	11,497
Accumulated Depreciation	$ (3,134)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Fremont Newark [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 7,370
Initial Cost - Building and Improvements	6,048
Initial Cost - FF&E	101
Cost Capitalized Subsequent to Acquisition - Land and Improvements	498
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,898
Cost Capitalized Subsequent to Acquisition - FF&E	6,239
Gross Amount Carried - Land and Improvements	7,868
Gross Amount Carried - Building and Improvements	7,946
Gross Amount Carried - FF&E	6,340
Total	22,154
Accumulated Depreciation	$ (4,262)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	41 years
Fremont Warm Springs [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,114
Initial Cost - Building and Improvements	1,271
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	79
Cost Capitalized Subsequent to Acquisition - Building and Improvements	683
Cost Capitalized Subsequent to Acquisition - FF&E	1,209
Gross Amount Carried - Land and Improvements	5,193
Gross Amount Carried - Building and Improvements	1,954
Gross Amount Carried - FF&E	1,267
Total	8,414
Accumulated Depreciation	$ (1,489)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Fresno North [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,988
Initial Cost - Building and Improvements	6,753
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	126
Cost Capitalized Subsequent to Acquisition - Building and Improvements	737
Cost Capitalized Subsequent to Acquisition - FF&E	1,019
Gross Amount Carried - Land and Improvements	2,114
Gross Amount Carried - Building and Improvements	7,490
Gross Amount Carried - FF&E	1,062
Total	10,666
Accumulated Depreciation	$ (3,089)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Los Angeles South [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,977
Initial Cost - Building and Improvements	3,909
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	91
Cost Capitalized Subsequent to Acquisition - Building and Improvements	709
Cost Capitalized Subsequent to Acquisition - FF&E	1,321
Gross Amount Carried - Land and Improvements	4,068
Gross Amount Carried - Building and Improvements	4,618
Gross Amount Carried - FF&E	1,372
Total	10,058
Accumulated Depreciation	$ (2,881)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	28 years
Los Angeles Glendale [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,689
Initial Cost - Building and Improvements	5,746
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	46
Cost Capitalized Subsequent to Acquisition - Building and Improvements	675
Cost Capitalized Subsequent to Acquisition - FF&E	1,251
Gross Amount Carried - Land and Improvements	4,735
Gross Amount Carried - Building and Improvements	6,421
Gross Amount Carried - FF&E	1,306
Total	12,462
Accumulated Depreciation	$ (2,807)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Orange County Huntington Beach [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,499
Initial Cost - Building and Improvements	5,131
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	80
Cost Capitalized Subsequent to Acquisition - Building and Improvements	816
Cost Capitalized Subsequent to Acquisition - FF&E	1,057
Gross Amount Carried - Land and Improvements	4,579
Gross Amount Carried - Building and Improvements	5,947
Gross Amount Carried - FF&E	1,095
Total	11,621
Accumulated Depreciation	$ (2,672)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Orange County Irvine Spectrum [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 7,355
Initial Cost - Building and Improvements	5,703
Initial Cost - FF&E	54
Cost Capitalized Subsequent to Acquisition - Land and Improvements	240
Cost Capitalized Subsequent to Acquisition - Building and Improvements	899
Cost Capitalized Subsequent to Acquisition - FF&E	1,587
Gross Amount Carried - Land and Improvements	7,595
Gross Amount Carried - Building and Improvements	6,602
Gross Amount Carried - FF&E	1,641
Total	15,838
Accumulated Depreciation	$ (3,644)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Los Angeles La Mirada [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,681
Initial Cost - Building and Improvements	2,557
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	36
Cost Capitalized Subsequent to Acquisition - Building and Improvements	972
Cost Capitalized Subsequent to Acquisition - FF&E	1,175
Gross Amount Carried - Land and Improvements	3,717
Gross Amount Carried - Building and Improvements	3,529
Gross Amount Carried - FF&E	1,214
Total	8,460
Accumulated Depreciation	$ (2,002)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Orange County Lake Forest [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,530
Initial Cost - Building and Improvements	2,182
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	100
Cost Capitalized Subsequent to Acquisition - Building and Improvements	830
Cost Capitalized Subsequent to Acquisition - FF&E	1,109
Gross Amount Carried - Land and Improvements	5,630
Gross Amount Carried - Building and Improvements	3,012
Gross Amount Carried - FF&E	1,152
Total	9,794
Accumulated Depreciation	$ (1,852)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Livermore Airway Blvd [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,553
Initial Cost - Building and Improvements	3,576
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	65
Cost Capitalized Subsequent to Acquisition - Building and Improvements	878
Cost Capitalized Subsequent to Acquisition - FF&E	1,222
Gross Amount Carried - Land and Improvements	2,618
Gross Amount Carried - Building and Improvements	4,454
Gross Amount Carried - FF&E	1,266
Total	8,338
Accumulated Depreciation	$ (2,334)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Los Angeles Long Beach Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,626
Initial Cost - Building and Improvements	6,872
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	895
Cost Capitalized Subsequent to Acquisition - FF&E	1,217
Gross Amount Carried - Land and Improvements	5,746
Gross Amount Carried - Building and Improvements	7,767
Gross Amount Carried - FF&E	1,264
Total	14,777
Accumulated Depreciation	$ (3,204)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Los Angeles LAX Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,770
Initial Cost - Building and Improvements	7,879
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	995
Cost Capitalized Subsequent to Acquisition - FF&E	1,739
Gross Amount Carried - Land and Improvements	4,836
Gross Amount Carried - Building and Improvements	8,874
Gross Amount Carried - FF&E	1,795
Total	15,505
Accumulated Depreciation	$ (3,707)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
San Jose Milpitas [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,602
Initial Cost - Building and Improvements	4,064
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	335
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,080
Cost Capitalized Subsequent to Acquisition - FF&E	1,580
Gross Amount Carried - Land and Improvements	6,937
Gross Amount Carried - Building and Improvements	5,144
Gross Amount Carried - FF&E	1,631
Total	13,712
Accumulated Depreciation	$ (2,668)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
San Jose Milpitas McCarthy Ranch [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,844
Initial Cost - Building and Improvements	7,392
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	146
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,765
Cost Capitalized Subsequent to Acquisition - FF&E	4,563
Gross Amount Carried - Land and Improvements	6,990
Gross Amount Carried - Building and Improvements	9,157
Gross Amount Carried - FF&E	4,620
Total	20,767
Accumulated Depreciation	$ (4,589)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Los Angeles Monrovia [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,884
Initial Cost - Building and Improvements	4,929
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,101
Cost Capitalized Subsequent to Acquisition - FF&E	1,477
Gross Amount Carried - Land and Improvements	4,002
Gross Amount Carried - Building and Improvements	6,030
Gross Amount Carried - FF&E	1,534
Total	11,566
Accumulated Depreciation	$ (2,916)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
San Jose Morgan Hill [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,283
Initial Cost - Building and Improvements	2,018
Initial Cost - FF&E	36
Cost Capitalized Subsequent to Acquisition - Land and Improvements	104
Cost Capitalized Subsequent to Acquisition - Building and Improvements	828
Cost Capitalized Subsequent to Acquisition - FF&E	1,124
Gross Amount Carried - Land and Improvements	4,387
Gross Amount Carried - Building and Improvements	2,846
Gross Amount Carried - FF&E	1,160
Total	8,393
Accumulated Depreciation	$ (1,798)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
San Jose Mountain View [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,657
Initial Cost - Building and Improvements	4,458
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	133
Cost Capitalized Subsequent to Acquisition - Building and Improvements	909
Cost Capitalized Subsequent to Acquisition - FF&E	3,313
Gross Amount Carried - Land and Improvements	6,790
Gross Amount Carried - Building and Improvements	5,367
Gross Amount Carried - FF&E	3,360
Total	15,517
Accumulated Depreciation	$ (2,835)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Orange County John Wayne Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,881
Initial Cost - Building and Improvements	10,663
Initial Cost - FF&E	98
Cost Capitalized Subsequent to Acquisition - Land and Improvements	78
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,290
Cost Capitalized Subsequent to Acquisition - FF&E	1,393
Gross Amount Carried - Land and Improvements	6,959
Gross Amount Carried - Building and Improvements	11,953
Gross Amount Carried - FF&E	1,491
Total	20,403
Accumulated Depreciation	$ (4,389)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Los Angeles Northridge [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,167
Initial Cost - Building and Improvements	5,391
Initial Cost - FF&E	163
Cost Capitalized Subsequent to Acquisition - Land and Improvements	108
Cost Capitalized Subsequent to Acquisition - Building and Improvements	646
Cost Capitalized Subsequent to Acquisition - FF&E	1,347
Gross Amount Carried - Land and Improvements	5,275
Gross Amount Carried - Building and Improvements	6,037
Gross Amount Carried - FF&E	1,510
Total	12,822
Accumulated Depreciation	$ (2,642)
Date Acquired	Oct. 8, 2010
Date of Construction	2005
Depreciable Lives	45 years
Oakland Emeryville [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,927
Initial Cost - Building and Improvements	9,132
Initial Cost - FF&E	117
Cost Capitalized Subsequent to Acquisition - Land and Improvements	562
Cost Capitalized Subsequent to Acquisition - Building and Improvements	735
Cost Capitalized Subsequent to Acquisition - FF&E	1,646
Gross Amount Carried - Land and Improvements	4,489
Gross Amount Carried - Building and Improvements	9,867
Gross Amount Carried - FF&E	1,763
Total	16,119
Accumulated Depreciation	$ (3,874)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
San Diego Oceanside [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,271
Initial Cost - Building and Improvements	5,999
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	134
Cost Capitalized Subsequent to Acquisition - Building and Improvements	779
Cost Capitalized Subsequent to Acquisition - FF&E	1,338
Gross Amount Carried - Land and Improvements	4,405
Gross Amount Carried - Building and Improvements	6,778
Gross Amount Carried - FF&E	1,381
Total	12,564
Accumulated Depreciation	$ (2,897)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Los Angeles Ontario Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,639
Initial Cost - Building and Improvements	6,138
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	141
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,298
Cost Capitalized Subsequent to Acquisition - FF&E	1,216
Gross Amount Carried - Land and Improvements	1,780
Gross Amount Carried - Building and Improvements	7,436
Gross Amount Carried - FF&E	1,262
Total	10,478
Accumulated Depreciation	$ (2,867)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Orange County Katella Ave [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,976
Initial Cost - Building and Improvements	5,704
Initial Cost - FF&E	74
Cost Capitalized Subsequent to Acquisition - Land and Improvements	71
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,054
Cost Capitalized Subsequent to Acquisition - FF&E	1,401
Gross Amount Carried - Land and Improvements	4,047
Gross Amount Carried - Building and Improvements	6,758
Gross Amount Carried - FF&E	1,475
Total	12,280
Accumulated Depreciation	$ (2,866)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Palm Springs Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,955
Initial Cost - Building and Improvements	3,506
Initial Cost - FF&E	98
Cost Capitalized Subsequent to Acquisition - Land and Improvements	202
Cost Capitalized Subsequent to Acquisition - Building and Improvements	909
Cost Capitalized Subsequent to Acquisition - FF&E	1,268
Gross Amount Carried - Land and Improvements	2,157
Gross Amount Carried - Building and Improvements	4,415
Gross Amount Carried - FF&E	1,366
Total	7,938
Accumulated Depreciation	$ (2,133)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Pleasant Hill Buskirk Ave [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,786
Initial Cost - Building and Improvements	7,754
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	108
Cost Capitalized Subsequent to Acquisition - Building and Improvements	852
Cost Capitalized Subsequent to Acquisition - FF&E	1,710
Gross Amount Carried - Land and Improvements	3,894
Gross Amount Carried - Building and Improvements	8,606
Gross Amount Carried - FF&E	1,754
Total	14,254
Accumulated Depreciation	$ (3,346)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Pleasanton Chabot Dr [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,039
Initial Cost - Building and Improvements	5,910
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	101
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,060
Cost Capitalized Subsequent to Acquisition - FF&E	1,492
Gross Amount Carried - Land and Improvements	3,140
Gross Amount Carried - Building and Improvements	6,970
Gross Amount Carried - FF&E	1,547
Total	11,657
Accumulated Depreciation	$ (3,212)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Sacramento White Rock Rd [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,301
Initial Cost - Building and Improvements	2,717
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	182
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,132
Cost Capitalized Subsequent to Acquisition - FF&E	1,420
Gross Amount Carried - Land and Improvements	1,483
Gross Amount Carried - Building and Improvements	3,849
Gross Amount Carried - FF&E	1,467
Total	6,799
Accumulated Depreciation	$ (2,444)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Richmond Hilltop Mall [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,232
Initial Cost - Building and Improvements	4,124
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	80
Cost Capitalized Subsequent to Acquisition - Building and Improvements	688
Cost Capitalized Subsequent to Acquisition - FF&E	1,315
Gross Amount Carried - Land and Improvements	2,312
Gross Amount Carried - Building and Improvements	4,812
Gross Amount Carried - FF&E	1,366
Total	8,490
Accumulated Depreciation	$ (2,205)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Sacramento Roseville [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,125
Initial Cost - Building and Improvements	5,233
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	121
Cost Capitalized Subsequent to Acquisition - Building and Improvements	754
Cost Capitalized Subsequent to Acquisition - FF&E	1,049
Gross Amount Carried - Land and Improvements	1,246
Gross Amount Carried - Building and Improvements	5,987
Gross Amount Carried - FF&E	1,094
Total	8,327
Accumulated Depreciation	$ (2,476)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Sacramento Arden Way [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 888
Initial Cost - Building and Improvements	2,349
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	166
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,217
Cost Capitalized Subsequent to Acquisition - FF&E	1,231
Gross Amount Carried - Land and Improvements	1,054
Gross Amount Carried - Building and Improvements	3,566
Gross Amount Carried - FF&E	1,276
Total	5,896
Accumulated Depreciation	$ (2,097)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Sacramento Northgate [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 932
Initial Cost - Building and Improvements	2,359
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	230
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,108
Cost Capitalized Subsequent to Acquisition - FF&E	1,279
Gross Amount Carried - Land and Improvements	1,162
Gross Amount Carried - Building and Improvements	3,467
Gross Amount Carried - FF&E	1,323
Total	5,952
Accumulated Depreciation	$ (2,105)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Sacramento South Natomas [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,460
Initial Cost - Building and Improvements	823
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	139
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,123
Cost Capitalized Subsequent to Acquisition - FF&E	1,584
Gross Amount Carried - Land and Improvements	1,599
Gross Amount Carried - Building and Improvements	1,946
Gross Amount Carried - FF&E	1,635
Total	5,180
Accumulated Depreciation	$ (1,912)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
San Francisco San Carlos [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,233
Initial Cost - Building and Improvements	5,299
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	989
Cost Capitalized Subsequent to Acquisition - FF&E	1,343
Gross Amount Carried - Land and Improvements	4,351
Gross Amount Carried - Building and Improvements	6,288
Gross Amount Carried - FF&E	1,392
Total	12,031
Accumulated Depreciation	$ (3,042)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
San Diego Hotel Circle [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,893
Initial Cost - Building and Improvements	9,935
Initial Cost - FF&E	68
Cost Capitalized Subsequent to Acquisition - Land and Improvements	424
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,258
Cost Capitalized Subsequent to Acquisition - FF&E	1,817
Gross Amount Carried - Land and Improvements	7,317
Gross Amount Carried - Building and Improvements	11,193
Gross Amount Carried - FF&E	1,885
Total	20,395
Accumulated Depreciation	$ (4,550)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
San Diego Mission Valley Stadium [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,978
Initial Cost - Building and Improvements	1,797
Initial Cost - FF&E	85
Cost Capitalized Subsequent to Acquisition - Land and Improvements	47
Cost Capitalized Subsequent to Acquisition - Building and Improvements	873
Cost Capitalized Subsequent to Acquisition - FF&E	1,022
Gross Amount Carried - Land and Improvements	7,025
Gross Amount Carried - Building and Improvements	2,670
Gross Amount Carried - FF&E	1,107
Total	10,802
Accumulated Depreciation	$ (1,727)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
San Diego Fashion Valley [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,371
Initial Cost - Building and Improvements	5,639
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	181
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,182
Cost Capitalized Subsequent to Acquisition - FF&E	1,821
Gross Amount Carried - Land and Improvements	5,552
Gross Amount Carried - Building and Improvements	6,821
Gross Amount Carried - FF&E	1,870
Total	14,243
Accumulated Depreciation	$ (3,577)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Los Angeles San Dimas [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,736
Initial Cost - Building and Improvements	991
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	77
Cost Capitalized Subsequent to Acquisition - Building and Improvements	744
Cost Capitalized Subsequent to Acquisition - FF&E	1,077
Gross Amount Carried - Land and Improvements	4,813
Gross Amount Carried - Building and Improvements	1,735
Gross Amount Carried - FF&E	1,119
Total	7,667
Accumulated Depreciation	$ (1,521)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
San Jose Airport [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 8,118
Initial Cost - Building and Improvements	5,912
Initial Cost - FF&E	75
Cost Capitalized Subsequent to Acquisition - Land and Improvements	201
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,251
Cost Capitalized Subsequent to Acquisition - FF&E	4,167
Gross Amount Carried - Land and Improvements	8,319
Gross Amount Carried - Building and Improvements	7,163
Gross Amount Carried - FF&E	4,242
Total	19,724
Accumulated Depreciation	$ (3,463)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
San Jose Downtown [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,480
Initial Cost - Building and Improvements	6,070
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	345
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,414
Cost Capitalized Subsequent to Acquisition - FF&E	1,830
Gross Amount Carried - Land and Improvements	6,825
Gross Amount Carried - Building and Improvements	7,484
Gross Amount Carried - FF&E	1,883
Total	16,192
Accumulated Depreciation	$ (3,570)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
San Jose Edenvale North [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,087
Initial Cost - Building and Improvements	3,649
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	70
Cost Capitalized Subsequent to Acquisition - Building and Improvements	910
Cost Capitalized Subsequent to Acquisition - FF&E	1,317
Gross Amount Carried - Land and Improvements	5,157
Gross Amount Carried - Building and Improvements	4,559
Gross Amount Carried - FF&E	1,373
Total	11,089
Accumulated Depreciation	$ (2,289)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
San Jose Edenvale South [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,359
Initial Cost - Building and Improvements	3,832
Initial Cost - FF&E	83
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	865
Cost Capitalized Subsequent to Acquisition - FF&E	1,604
Gross Amount Carried - Land and Improvements	5,477
Gross Amount Carried - Building and Improvements	4,697
Gross Amount Carried - FF&E	1,687
Total	11,861
Accumulated Depreciation	$ (2,663)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	41 years
San Francisco San Mateo SFO [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 7,369
Initial Cost - Building and Improvements	6,704
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	146
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,042
Cost Capitalized Subsequent to Acquisition - FF&E	3,578
Gross Amount Carried - Land and Improvements	7,515
Gross Amount Carried - Building and Improvements	7,746
Gross Amount Carried - FF&E	3,628
Total	18,889
Accumulated Depreciation	$ (3,485)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
San Rafael Francisco Blvd East [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,129
Initial Cost - Building and Improvements	13,822
Initial Cost - FF&E	378
Cost Capitalized Subsequent to Acquisition - Land and Improvements	104
Cost Capitalized Subsequent to Acquisition - Building and Improvements	674
Cost Capitalized Subsequent to Acquisition - FF&E	1,234
Gross Amount Carried - Land and Improvements	3,233
Gross Amount Carried - Building and Improvements	14,496
Gross Amount Carried - FF&E	1,612
Total	19,341
Accumulated Depreciation	$ (4,704)
Date Acquired	Oct. 8, 2010
Date of Construction	2007
Depreciable Lives	47 years
San Ramon Bishop Ranch East [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,721
Initial Cost - Building and Improvements	5,226
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	129
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,836
Cost Capitalized Subsequent to Acquisition - FF&E	2,062
Gross Amount Carried - Land and Improvements	3,850
Gross Amount Carried - Building and Improvements	7,062
Gross Amount Carried - FF&E	2,121
Total	13,033
Accumulated Depreciation	$ (2,102)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
San Ramon Bishop Ranch West [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,098
Initial Cost - Building and Improvements	2,886
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	107
Cost Capitalized Subsequent to Acquisition - Building and Improvements	789
Cost Capitalized Subsequent to Acquisition - FF&E	1,480
Gross Amount Carried - Land and Improvements	3,205
Gross Amount Carried - Building and Improvements	3,675
Gross Amount Carried - FF&E	1,535
Total	8,415
Accumulated Depreciation	$ (2,687)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Santa Barbara Calle Real [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,301
Initial Cost - Building and Improvements	8,709
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	110
Cost Capitalized Subsequent to Acquisition - Building and Improvements	789
Cost Capitalized Subsequent to Acquisition - FF&E	1,384
Gross Amount Carried - Land and Improvements	3,411
Gross Amount Carried - Building and Improvements	9,498
Gross Amount Carried - FF&E	1,425
Total	14,334
Accumulated Depreciation	$ (3,378)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Santa Rosa North [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,053
Initial Cost - Building and Improvements	6,086
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	70
Cost Capitalized Subsequent to Acquisition - Building and Improvements	567
Cost Capitalized Subsequent to Acquisition - FF&E	937
Gross Amount Carried - Land and Improvements	3,123
Gross Amount Carried - Building and Improvements	6,653
Gross Amount Carried - FF&E	983
Total	10,759
Accumulated Depreciation	$ (2,400)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Santa Rosa South [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,592
Initial Cost - Building and Improvements	4,998
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	160
Cost Capitalized Subsequent to Acquisition - Building and Improvements	844
Cost Capitalized Subsequent to Acquisition - FF&E	1,225
Gross Amount Carried - Land and Improvements	1,752
Gross Amount Carried - Building and Improvements	5,842
Gross Amount Carried - FF&E	1,266
Total	8,860
Accumulated Depreciation	$ (2,679)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Los Angeles Simi Valley [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,088
Initial Cost - Building and Improvements	7,175
Initial Cost - FF&E	113
Cost Capitalized Subsequent to Acquisition - Land and Improvements	188
Cost Capitalized Subsequent to Acquisition - Building and Improvements	672
Cost Capitalized Subsequent to Acquisition - FF&E	1,128
Gross Amount Carried - Land and Improvements	3,276
Gross Amount Carried - Building and Improvements	7,847
Gross Amount Carried - FF&E	1,241
Total	12,364
Accumulated Depreciation	$ (3,110)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
San Diego Sorrento Mesa [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,441
Initial Cost - Building and Improvements	6,020
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	184
Cost Capitalized Subsequent to Acquisition - Building and Improvements	832
Cost Capitalized Subsequent to Acquisition - FF&E	1,327
Gross Amount Carried - Land and Improvements	6,625
Gross Amount Carried - Building and Improvements	6,852
Gross Amount Carried - FF&E	1,376
Total	14,853
Accumulated Depreciation	$ (3,485)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Los Angeles Valencia [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 9,414
Initial Cost - FF&E	20
Cost Capitalized Subsequent to Acquisition - Land and Improvements	116
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,095
Cost Capitalized Subsequent to Acquisition - FF&E	1,190
Gross Amount Carried - Land and Improvements	9,530
Gross Amount Carried - Building and Improvements	1,095
Gross Amount Carried - FF&E	1,210
Total	11,835
Accumulated Depreciation	$ (1,267)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Stockton March Lane [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,299
Initial Cost - Building and Improvements	3,558
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	117
Cost Capitalized Subsequent to Acquisition - Building and Improvements	487
Cost Capitalized Subsequent to Acquisition - FF&E	1,008
Gross Amount Carried - Land and Improvements	2,416
Gross Amount Carried - Building and Improvements	4,045
Gross Amount Carried - FF&E	1,063
Total	7,524
Accumulated Depreciation	$ (1,854)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
San Jose Sunnyvale [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,051
Initial Cost - Building and Improvements	5,019
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	193
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,454
Cost Capitalized Subsequent to Acquisition - FF&E	1,583
Gross Amount Carried - Land and Improvements	6,244
Gross Amount Carried - Building and Improvements	6,473
Gross Amount Carried - FF&E	1,633
Total	14,350
Accumulated Depreciation	$ (3,313)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Temecula Wine Country [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,489
Initial Cost - Building and Improvements	8,153
Initial Cost - FF&E	79
Cost Capitalized Subsequent to Acquisition - Land and Improvements	95
Cost Capitalized Subsequent to Acquisition - Building and Improvements	681
Cost Capitalized Subsequent to Acquisition - FF&E	1,290
Gross Amount Carried - Land and Improvements	1,584
Gross Amount Carried - Building and Improvements	8,834
Gross Amount Carried - FF&E	1,369
Total	11,787
Accumulated Depreciation	$ (3,280)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Los Angeles Torrance Del Amo Circle [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,953
Initial Cost - Building and Improvements	4,361
Initial Cost - FF&E	78
Cost Capitalized Subsequent to Acquisition - Land and Improvements	97
Cost Capitalized Subsequent to Acquisition - Building and Improvements	795
Cost Capitalized Subsequent to Acquisition - FF&E	1,397
Gross Amount Carried - Land and Improvements	6,050
Gross Amount Carried - Building and Improvements	5,156
Gross Amount Carried - FF&E	1,475
Total	12,681
Accumulated Depreciation	$ (2,888)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Los Angeles Torrance Blvd. [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,761
Initial Cost - Building and Improvements	6,296
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	68
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,132
Cost Capitalized Subsequent to Acquisition - FF&E	1,228
Gross Amount Carried - Land and Improvements	3,829
Gross Amount Carried - Building and Improvements	7,428
Gross Amount Carried - FF&E	1,271
Total	12,528
Accumulated Depreciation	$ (2,964)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Los Angeles Torrance Harbor Gateway [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,625
Initial Cost - Building and Improvements	4,747
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	153
Cost Capitalized Subsequent to Acquisition - Building and Improvements	735
Cost Capitalized Subsequent to Acquisition - FF&E	1,054
Gross Amount Carried - Land and Improvements	4,778
Gross Amount Carried - Building and Improvements	5,482
Gross Amount Carried - FF&E	1,103
Total	11,363
Accumulated Depreciation	$ (2,475)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Stockton Tracy [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,344
Initial Cost - Building and Improvements	3,434
Initial Cost - FF&E	96
Cost Capitalized Subsequent to Acquisition - Land and Improvements	102
Cost Capitalized Subsequent to Acquisition - Building and Improvements	527
Cost Capitalized Subsequent to Acquisition - FF&E	932
Gross Amount Carried - Land and Improvements	2,446
Gross Amount Carried - Building and Improvements	3,961
Gross Amount Carried - FF&E	1,028
Total	7,435
Accumulated Depreciation	$ (1,956)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Union City Dyer St [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,907
Initial Cost - Building and Improvements	6,359
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	205
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,998
Cost Capitalized Subsequent to Acquisition - FF&E	2,037
Gross Amount Carried - Land and Improvements	3,112
Gross Amount Carried - Building and Improvements	8,357
Gross Amount Carried - FF&E	2,088
Total	13,557
Accumulated Depreciation	$ (2,461)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Sacramento Vacaville [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 809
Initial Cost - Building and Improvements	3,179
Initial Cost - FF&E	76
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	795
Cost Capitalized Subsequent to Acquisition - FF&E	1,104
Gross Amount Carried - Land and Improvements	905
Gross Amount Carried - Building and Improvements	3,974
Gross Amount Carried - FF&E	1,180
Total	6,059
Accumulated Depreciation	$ (2,007)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Sacramento West Sacramento [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,292
Initial Cost - Building and Improvements	3,395
Initial Cost - FF&E	134
Cost Capitalized Subsequent to Acquisition - Land and Improvements	84
Cost Capitalized Subsequent to Acquisition - Building and Improvements	436
Cost Capitalized Subsequent to Acquisition - FF&E	1,066
Gross Amount Carried - Land and Improvements	1,376
Gross Amount Carried - Building and Improvements	3,831
Gross Amount Carried - FF&E	1,200
Total	6,407
Accumulated Depreciation	$ (1,973)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Los Angeles Woodland Hills [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,452
Initial Cost - Building and Improvements	7,561
Initial Cost - FF&E	69
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,106
Cost Capitalized Subsequent to Acquisition - FF&E	2,301
Gross Amount Carried - Land and Improvements	5,572
Gross Amount Carried - Building and Improvements	8,667
Gross Amount Carried - FF&E	2,370
Total	16,609
Accumulated Depreciation	$ (3,989)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Orange County Yorba Linda [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,443
Initial Cost - Building and Improvements	2,020
Initial Cost - FF&E	106
Cost Capitalized Subsequent to Acquisition - Land and Improvements	56
Cost Capitalized Subsequent to Acquisition - Building and Improvements	598
Cost Capitalized Subsequent to Acquisition - FF&E	1,070
Gross Amount Carried - Land and Improvements	3,499
Gross Amount Carried - Building and Improvements	2,618
Gross Amount Carried - FF&E	1,176
Total	7,293
Accumulated Depreciation	$ (1,747)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Denver Aurora South [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,415
Initial Cost - Building and Improvements	2,958
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	266
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,183
Cost Capitalized Subsequent to Acquisition - FF&E	1,513
Gross Amount Carried - Land and Improvements	2,681
Gross Amount Carried - Building and Improvements	4,141
Gross Amount Carried - FF&E	1,561
Total	8,383
Accumulated Depreciation	$ (2,515)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Denver Aurora North [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,706
Initial Cost - Building and Improvements	6,047
Initial Cost - FF&E	65
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,607
Cost Capitalized Subsequent to Acquisition - FF&E	1,701
Gross Amount Carried - Land and Improvements	2,824
Gross Amount Carried - Building and Improvements	7,654
Gross Amount Carried - FF&E	1,766
Total	12,244
Accumulated Depreciation	$ (3,507)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	39 years
Colorado Springs West [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,338
Initial Cost - Building and Improvements	1,325
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	561
Cost Capitalized Subsequent to Acquisition - FF&E	919
Gross Amount Carried - Land and Improvements	3,474
Gross Amount Carried - Building and Improvements	1,886
Gross Amount Carried - FF&E	960
Total	6,320
Accumulated Depreciation	$ (1,296)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Denver Tech Center South [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,714
Initial Cost - Building and Improvements	978
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	161
Cost Capitalized Subsequent to Acquisition - Building and Improvements	595
Cost Capitalized Subsequent to Acquisition - FF&E	1,041
Gross Amount Carried - Land and Improvements	1,875
Gross Amount Carried - Building and Improvements	1,573
Gross Amount Carried - FF&E	1,087
Total	4,535
Accumulated Depreciation	$ (1,178)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Denver Tech Center South Inverness [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,941
Initial Cost - Building and Improvements	1,340
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	249
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,442
Cost Capitalized Subsequent to Acquisition - FF&E	1,325
Gross Amount Carried - Land and Improvements	3,190
Gross Amount Carried - Building and Improvements	2,782
Gross Amount Carried - FF&E	1,371
Total	7,343
Accumulated Depreciation	$ (1,894)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Denver Cherry Creek [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,856
Initial Cost - Building and Improvements	2,713
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	184
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,012
Cost Capitalized Subsequent to Acquisition - FF&E	1,408
Gross Amount Carried - Land and Improvements	2,040
Gross Amount Carried - Building and Improvements	3,725
Gross Amount Carried - FF&E	1,448
Total	7,213
Accumulated Depreciation	$ (2,454)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Denver Tech Center Central [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,392
Initial Cost - Building and Improvements	1,286
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	206
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,466
Cost Capitalized Subsequent to Acquisition - FF&E	1,718
Gross Amount Carried - Land and Improvements	2,598
Gross Amount Carried - Building and Improvements	2,752
Gross Amount Carried - FF&E	1,769
Total	7,119
Accumulated Depreciation	$ (2,570)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	34 years
Denver Tech Center South Greenwood Village [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,767
Initial Cost - Building and Improvements	2,278
Initial Cost - FF&E	110
Cost Capitalized Subsequent to Acquisition - Land and Improvements	174
Cost Capitalized Subsequent to Acquisition - Building and Improvements	858
Cost Capitalized Subsequent to Acquisition - FF&E	1,267
Gross Amount Carried - Land and Improvements	1,941
Gross Amount Carried - Building and Improvements	3,136
Gross Amount Carried - FF&E	1,377
Total	6,454
Accumulated Depreciation	$ (1,891)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	44 years
Denver Lakewood South [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,338
Initial Cost - Building and Improvements	3,348
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	168
Cost Capitalized Subsequent to Acquisition - Building and Improvements	922
Cost Capitalized Subsequent to Acquisition - FF&E	1,368
Gross Amount Carried - Land and Improvements	2,506
Gross Amount Carried - Building and Improvements	4,270
Gross Amount Carried - FF&E	1,411
Total	8,187
Accumulated Depreciation	$ (2,550)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Denver Park Meadows [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,578
Initial Cost - Building and Improvements	3,467
Initial Cost - FF&E	78
Cost Capitalized Subsequent to Acquisition - Land and Improvements	148
Cost Capitalized Subsequent to Acquisition - Building and Improvements	690
Cost Capitalized Subsequent to Acquisition - FF&E	1,057
Gross Amount Carried - Land and Improvements	1,726
Gross Amount Carried - Building and Improvements	4,157
Gross Amount Carried - FF&E	1,135
Total	7,018
Accumulated Depreciation	$ (2,157)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Denver Westminster [Member] | COLORADO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,779
Initial Cost - Building and Improvements	4,683
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	365
Cost Capitalized Subsequent to Acquisition - Building and Improvements	725
Cost Capitalized Subsequent to Acquisition - FF&E	1,102
Gross Amount Carried - Land and Improvements	3,144
Gross Amount Carried - Building and Improvements	5,408
Gross Amount Carried - FF&E	1,151
Total	9,703
Accumulated Depreciation	$ (2,356)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Hartford Farmington [Member] | CONNECTICUT
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,080
Initial Cost - Building and Improvements	6,003
Initial Cost - FF&E	65
Cost Capitalized Subsequent to Acquisition - Land and Improvements	76
Cost Capitalized Subsequent to Acquisition - Building and Improvements	622
Cost Capitalized Subsequent to Acquisition - FF&E	977
Gross Amount Carried - Land and Improvements	1,156
Gross Amount Carried - Building and Improvements	6,625
Gross Amount Carried - FF&E	1,042
Total	8,823
Accumulated Depreciation	$ (2,446)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Hartford Manchester [Member] | CONNECTICUT
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,002
Initial Cost - Building and Improvements	6,723
Initial Cost - FF&E	67
Cost Capitalized Subsequent to Acquisition - Land and Improvements	88
Cost Capitalized Subsequent to Acquisition - Building and Improvements	714
Cost Capitalized Subsequent to Acquisition - FF&E	1,013
Gross Amount Carried - Land and Improvements	1,090
Gross Amount Carried - Building and Improvements	7,437
Gross Amount Carried - FF&E	1,080
Total	9,607
Accumulated Depreciation	$ (2,999)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Hartford Meriden [Member] | CONNECTICUT
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 687
Initial Cost - Building and Improvements	6,207
Initial Cost - FF&E	81
Cost Capitalized Subsequent to Acquisition - Land and Improvements	133
Cost Capitalized Subsequent to Acquisition - Building and Improvements	551
Cost Capitalized Subsequent to Acquisition - FF&E	1,073
Gross Amount Carried - Land and Improvements	820
Gross Amount Carried - Building and Improvements	6,758
Gross Amount Carried - FF&E	1,154
Total	8,732
Accumulated Depreciation	$ (2,773)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Norwalk Stamford [Member] | CONNECTICUT
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,866
Initial Cost - Building and Improvements	12,533
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	114
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,052
Cost Capitalized Subsequent to Acquisition - FF&E	1,805
Gross Amount Carried - Land and Improvements	2,980
Gross Amount Carried - Building and Improvements	13,585
Gross Amount Carried - FF&E	1,869
Total	18,434
Accumulated Depreciation	$ (4,826)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Shelton Fairfield County [Member] | CONNECTICUT
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,001
Initial Cost - Building and Improvements	11,314
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,194
Cost Capitalized Subsequent to Acquisition - FF&E	1,578
Gross Amount Carried - Land and Improvements	2,121
Gross Amount Carried - Building and Improvements	12,508
Gross Amount Carried - FF&E	1,638
Total	16,267
Accumulated Depreciation	$ (4,706)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Newark Christiana Wilmington [Member] | DELAWARE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,473
Initial Cost - Building and Improvements	7,617
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	158
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,146
Cost Capitalized Subsequent to Acquisition - FF&E	1,445
Gross Amount Carried - Land and Improvements	1,631
Gross Amount Carried - Building and Improvements	8,763
Gross Amount Carried - FF&E	1,506
Total	11,900
Accumulated Depreciation	$ (3,659)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Orlando Altamonte Springs [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,421
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	25
Cost Capitalized Subsequent to Acquisition - Land and Improvements	88
Cost Capitalized Subsequent to Acquisition - Building and Improvements	900
Cost Capitalized Subsequent to Acquisition - FF&E	1,383
Gross Amount Carried - Land and Improvements	5,509
Gross Amount Carried - Building and Improvements	900
Gross Amount Carried - FF&E	1,408
Total	7,817
Accumulated Depreciation	$ (1,363)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Boca Raton Commerce [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,920
Initial Cost - Building and Improvements	3,219
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	141
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,407
Cost Capitalized Subsequent to Acquisition - FF&E	1,360
Gross Amount Carried - Land and Improvements	6,061
Gross Amount Carried - Building and Improvements	4,626
Gross Amount Carried - FF&E	1,416
Total	12,103
Accumulated Depreciation	$ (2,770)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Tampa Brandon [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,709
Initial Cost - Building and Improvements	3,540
Initial Cost - FF&E	696
Cost Capitalized Subsequent to Acquisition - Land and Improvements	239
Cost Capitalized Subsequent to Acquisition - Building and Improvements	990
Cost Capitalized Subsequent to Acquisition - FF&E	1,008
Gross Amount Carried - Land and Improvements	3,948
Gross Amount Carried - Building and Improvements	4,530
Gross Amount Carried - FF&E	1,704
Total	10,182
Accumulated Depreciation	$ (3,437)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	26 years
St Petersburg Clearwater Executive Dr [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,951
Initial Cost - Building and Improvements	3,062
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	60
Cost Capitalized Subsequent to Acquisition - Building and Improvements	630
Cost Capitalized Subsequent to Acquisition - FF&E	985
Gross Amount Carried - Land and Improvements	2,011
Gross Amount Carried - Building and Improvements	3,692
Gross Amount Carried - FF&E	1,024
Total	6,727
Accumulated Depreciation	$ (1,968)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Clearwater Carillon Park [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,679
Initial Cost - Building and Improvements	2,926
Initial Cost - FF&E	489
Cost Capitalized Subsequent to Acquisition - Land and Improvements	162
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,063
Cost Capitalized Subsequent to Acquisition - FF&E	1,029
Gross Amount Carried - Land and Improvements	1,841
Gross Amount Carried - Building and Improvements	3,989
Gross Amount Carried - FF&E	1,518
Total	7,348
Accumulated Depreciation	$ (2,968)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	22 years
Fort Lauderdale Davie [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,014
Initial Cost - Building and Improvements	3,117
Initial Cost - FF&E	492
Cost Capitalized Subsequent to Acquisition - Land and Improvements	217
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,102
Cost Capitalized Subsequent to Acquisition - FF&E	1,258
Gross Amount Carried - Land and Improvements	5,231
Gross Amount Carried - Building and Improvements	4,219
Gross Amount Carried - FF&E	1,750
Total	11,200
Accumulated Depreciation	$ (2,838)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	23 years
Daytona Beach International Speedway [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 987
Initial Cost - Building and Improvements	3,972
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	100
Cost Capitalized Subsequent to Acquisition - Building and Improvements	483
Cost Capitalized Subsequent to Acquisition - FF&E	1,261
Gross Amount Carried - Land and Improvements	1,087
Gross Amount Carried - Building and Improvements	4,455
Gross Amount Carried - FF&E	1,306
Total	6,848
Accumulated Depreciation	$ (1,938)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	41 years
Fort Lauderdale Deerfield Beach [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,885
Initial Cost - Building and Improvements	3,421
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	169
Cost Capitalized Subsequent to Acquisition - Building and Improvements	643
Cost Capitalized Subsequent to Acquisition - FF&E	1,678
Gross Amount Carried - Land and Improvements	3,054
Gross Amount Carried - Building and Improvements	4,064
Gross Amount Carried - FF&E	1,716
Total	8,834
Accumulated Depreciation	$ (2,106)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Destin US 98 Emerald Coast Pkwy [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,149
Initial Cost - Building and Improvements	2,528
Initial Cost - FF&E	96
Cost Capitalized Subsequent to Acquisition - Land and Improvements	125
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,653
Cost Capitalized Subsequent to Acquisition - FF&E	931
Gross Amount Carried - Land and Improvements	1,274
Gross Amount Carried - Building and Improvements	4,181
Gross Amount Carried - FF&E	1,027
Total	6,482
Accumulated Depreciation	$ (2,341)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	48 years
Fort Lauderdale Convention Center Cruise Port [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,441
Initial Cost - Building and Improvements	7,008
Initial Cost - FF&E	71
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,034
Cost Capitalized Subsequent to Acquisition - FF&E	2,122
Gross Amount Carried - Land and Improvements	3,527
Gross Amount Carried - Building and Improvements	8,042
Gross Amount Carried - FF&E	2,193
Total	13,762
Accumulated Depreciation	$ (3,402)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Fort Lauderdale Cypress Creek Andrews Ave [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,761
Initial Cost - Building and Improvements	2,685
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	155
Cost Capitalized Subsequent to Acquisition - Building and Improvements	687
Cost Capitalized Subsequent to Acquisition - FF&E	1,267
Gross Amount Carried - Land and Improvements	2,916
Gross Amount Carried - Building and Improvements	3,372
Gross Amount Carried - FF&E	1,308
Total	7,596
Accumulated Depreciation	$ (2,032)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Fort Lauderdale Cypress Creek NW 6th Way [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,480
Initial Cost - Building and Improvements	751
Initial Cost - FF&E	62
Cost Capitalized Subsequent to Acquisition - Land and Improvements	87
Cost Capitalized Subsequent to Acquisition - Building and Improvements	839
Cost Capitalized Subsequent to Acquisition - FF&E	1,139
Gross Amount Carried - Land and Improvements	2,567
Gross Amount Carried - Building and Improvements	1,590
Gross Amount Carried - FF&E	1,201
Total	5,358
Accumulated Depreciation	$ (1,372)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	42 years
Fort Lauderdale Plantation [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,352
Initial Cost - Building and Improvements	2,252
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	196
Cost Capitalized Subsequent to Acquisition - Building and Improvements	828
Cost Capitalized Subsequent to Acquisition - FF&E	1,878
Gross Amount Carried - Land and Improvements	6,548
Gross Amount Carried - Building and Improvements	3,080
Gross Amount Carried - FF&E	1,939
Total	11,567
Accumulated Depreciation	$ (1,714)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Gainesville I-75 [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 846
Initial Cost - Building and Improvements	6,416
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	59
Cost Capitalized Subsequent to Acquisition - Building and Improvements	778
Cost Capitalized Subsequent to Acquisition - FF&E	1,080
Gross Amount Carried - Land and Improvements	905
Gross Amount Carried - Building and Improvements	7,194
Gross Amount Carried - FF&E	1,124
Total	9,223
Accumulated Depreciation	$ (2,957)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Jacksonville Baymeadows [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,163
Initial Cost - Building and Improvements	2,662
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	912
Cost Capitalized Subsequent to Acquisition - FF&E	1,526
Gross Amount Carried - Land and Improvements	1,259
Gross Amount Carried - Building and Improvements	3,574
Gross Amount Carried - FF&E	1,574
Total	6,407
Accumulated Depreciation	$ (2,025)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Jacksonville Lenoir Avenue East [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 969
Initial Cost - Building and Improvements	1,057
Initial Cost - FF&E	63
Cost Capitalized Subsequent to Acquisition - Land and Improvements	82
Cost Capitalized Subsequent to Acquisition - Building and Improvements	685
Cost Capitalized Subsequent to Acquisition - FF&E	1,206
Gross Amount Carried - Land and Improvements	1,051
Gross Amount Carried - Building and Improvements	1,742
Gross Amount Carried - FF&E	1,269
Total	4,062
Accumulated Depreciation	$ (1,494)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Jacksonville Deerwood Park [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 943
Initial Cost - Building and Improvements	3,910
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	161
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,137
Cost Capitalized Subsequent to Acquisition - FF&E	1,872
Gross Amount Carried - Land and Improvements	1,104
Gross Amount Carried - Building and Improvements	5,047
Gross Amount Carried - FF&E	1,938
Total	8,089
Accumulated Depreciation	$ (2,637)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	40 years
Jacksonville Lenoir Avenue South [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 842
Initial Cost - Building and Improvements	1,862
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	71
Cost Capitalized Subsequent to Acquisition - Building and Improvements	567
Cost Capitalized Subsequent to Acquisition - FF&E	1,011
Gross Amount Carried - Land and Improvements	913
Gross Amount Carried - Building and Improvements	2,429
Gross Amount Carried - FF&E	1,058
Total	4,400
Accumulated Depreciation	$ (1,338)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	44 years
Jacksonville Riverwalk Convention Center [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 593
Initial Cost - Building and Improvements	3,693
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	113
Cost Capitalized Subsequent to Acquisition - Building and Improvements	749
Cost Capitalized Subsequent to Acquisition - FF&E	1,025
Gross Amount Carried - Land and Improvements	706
Gross Amount Carried - Building and Improvements	4,442
Gross Amount Carried - FF&E	1,077
Total	6,225
Accumulated Depreciation	$ (2,258)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Jacksonville Salisbury Rd Southpoint [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 727
Initial Cost - Building and Improvements	720
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	131
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,120
Cost Capitalized Subsequent to Acquisition - FF&E	1,336
Gross Amount Carried - Land and Improvements	858
Gross Amount Carried - Building and Improvements	2,840
Gross Amount Carried - FF&E	1,388
Total	5,086
Accumulated Depreciation	$ (2,451)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Jacksonville Southside St Johns Towne Center [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 925
Initial Cost - Building and Improvements	2,679
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	141
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,297
Cost Capitalized Subsequent to Acquisition - FF&E	1,500
Gross Amount Carried - Land and Improvements	1,066
Gross Amount Carried - Building and Improvements	3,976
Gross Amount Carried - FF&E	1,547
Total	6,589
Accumulated Depreciation	$ (2,112)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Orlando Lake Mary 1036 Greenwood Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,229
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	19
Cost Capitalized Subsequent to Acquisition - Land and Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Improvements	575
Cost Capitalized Subsequent to Acquisition - FF&E	928
Gross Amount Carried - Land and Improvements	2,290
Gross Amount Carried - Building and Improvements	575
Gross Amount Carried - FF&E	947
Total	3,812
Accumulated Depreciation	$ (963)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Orlando Lake Mary 1040 Greenwood Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,685
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	25
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	941
Cost Capitalized Subsequent to Acquisition - FF&E	1,218
Gross Amount Carried - Land and Improvements	2,805
Gross Amount Carried - Building and Improvements	941
Gross Amount Carried - FF&E	1,243
Total	4,989
Accumulated Depreciation	$ (1,222)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Melbourne Airport [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,423
Initial Cost - Building and Improvements	4,160
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	127
Cost Capitalized Subsequent to Acquisition - Building and Improvements	607
Cost Capitalized Subsequent to Acquisition - FF&E	1,054
Gross Amount Carried - Land and Improvements	1,550
Gross Amount Carried - Building and Improvements	4,767
Gross Amount Carried - FF&E	1,107
Total	7,424
Accumulated Depreciation	$ (2,075)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Miami Airport Blue Lagoon [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 9,702
Initial Cost - Building and Improvements	4,910
Initial Cost - FF&E	70
Cost Capitalized Subsequent to Acquisition - Land and Improvements	109
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,411
Cost Capitalized Subsequent to Acquisition - FF&E	2,576
Gross Amount Carried - Land and Improvements	9,811
Gross Amount Carried - Building and Improvements	6,321
Gross Amount Carried - FF&E	2,646
Total	18,778
Accumulated Depreciation	$ (3,491)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Miami Airport Doral [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 10,164
Initial Cost - Building and Improvements	4,188
Initial Cost - FF&E	1,131
Cost Capitalized Subsequent to Acquisition - Land and Improvements	437
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,360
Cost Capitalized Subsequent to Acquisition - FF&E	1,837
Gross Amount Carried - Land and Improvements	10,601
Gross Amount Carried - Building and Improvements	5,548
Gross Amount Carried - FF&E	2,968
Total	19,117
Accumulated Depreciation	$ (4,003)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	26 years
Miami Airport Doral 87th Avenue South [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,451
Initial Cost - Building and Improvements	7,542
Initial Cost - FF&E	92
Cost Capitalized Subsequent to Acquisition - Land and Improvements	67
Cost Capitalized Subsequent to Acquisition - Building and Improvements	972
Cost Capitalized Subsequent to Acquisition - FF&E	1,876
Gross Amount Carried - Land and Improvements	4,518
Gross Amount Carried - Building and Improvements	8,514
Gross Amount Carried - FF&E	1,968
Total	15,000
Accumulated Depreciation	$ (3,222)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Miami Airport Doral 25th Street [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,135
Initial Cost - Building and Improvements	5,307
Initial Cost - FF&E	125
Cost Capitalized Subsequent to Acquisition - Land and Improvements	79
Cost Capitalized Subsequent to Acquisition - Building and Improvements	957
Cost Capitalized Subsequent to Acquisition - FF&E	2,176
Gross Amount Carried - Land and Improvements	4,214
Gross Amount Carried - Building and Improvements	6,264
Gross Amount Carried - FF&E	2,301
Total	12,779
Accumulated Depreciation	$ (2,977)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Miami Airport Miami Springs [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 8,014
Initial Cost - Building and Improvements	3,657
Initial Cost - FF&E	71
Cost Capitalized Subsequent to Acquisition - Land and Improvements	103
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,787
Cost Capitalized Subsequent to Acquisition - FF&E	2,082
Gross Amount Carried - Land and Improvements	8,117
Gross Amount Carried - Building and Improvements	6,444
Gross Amount Carried - FF&E	2,153
Total	16,714
Accumulated Depreciation	$ (3,465)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Miami Downtown Brickell Cruise Port [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,323
Initial Cost - Building and Improvements	7,312
Initial Cost - FF&E	85
Cost Capitalized Subsequent to Acquisition - Land and Improvements	106
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,073
Cost Capitalized Subsequent to Acquisition - FF&E	1,983
Gross Amount Carried - Land and Improvements	3,429
Gross Amount Carried - Building and Improvements	8,385
Gross Amount Carried - FF&E	2,068
Total	13,882
Accumulated Depreciation	$ (3,402)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Miami Coral Gables [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,866
Initial Cost - Building and Improvements	7,211
Initial Cost - FF&E	76
Cost Capitalized Subsequent to Acquisition - Land and Improvements	84
Cost Capitalized Subsequent to Acquisition - Building and Improvements	917
Cost Capitalized Subsequent to Acquisition - FF&E	2,030
Gross Amount Carried - Land and Improvements	2,950
Gross Amount Carried - Building and Improvements	8,128
Gross Amount Carried - FF&E	2,106
Total	13,184
Accumulated Depreciation	$ (3,279)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Orlando Convention Center 6443 Westwood [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,472
Initial Cost - Building and Improvements	2,071
Initial Cost - FF&E	68
Cost Capitalized Subsequent to Acquisition - Land and Improvements	117
Cost Capitalized Subsequent to Acquisition - Building and Improvements	851
Cost Capitalized Subsequent to Acquisition - FF&E	1,282
Gross Amount Carried - Land and Improvements	2,589
Gross Amount Carried - Building and Improvements	2,922
Gross Amount Carried - FF&E	1,350
Total	6,861
Accumulated Depreciation	$ (2,246)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	43 years
Orlando Convention Center Universal Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,326
Initial Cost - Building and Improvements	3,097
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	197
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,029
Cost Capitalized Subsequent to Acquisition - FF&E	1,801
Gross Amount Carried - Land and Improvements	3,523
Gross Amount Carried - Building and Improvements	4,126
Gross Amount Carried - FF&E	1,859
Total	9,508
Accumulated Depreciation	$ (3,141)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Orlando Convention Center Sports Complex [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,767
Initial Cost - Building and Improvements	1,466
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	111
Cost Capitalized Subsequent to Acquisition - Building and Improvements	860
Cost Capitalized Subsequent to Acquisition - FF&E	1,185
Gross Amount Carried - Land and Improvements	2,878
Gross Amount Carried - Building and Improvements	2,326
Gross Amount Carried - FF&E	1,228
Total	6,432
Accumulated Depreciation	$ (1,923)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Orlando Lake Buena Vista [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,137
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	30
Cost Capitalized Subsequent to Acquisition - Land and Improvements	191
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,060
Cost Capitalized Subsequent to Acquisition - FF&E	1,828
Gross Amount Carried - Land and Improvements	4,328
Gross Amount Carried - Building and Improvements	1,060
Gross Amount Carried - FF&E	1,858
Total	7,246
Accumulated Depreciation	$ (2,299)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Orlando Maitland 1776 Pembrook Dr [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,103
Initial Cost - Building and Improvements	807
Initial Cost - FF&E	74
Cost Capitalized Subsequent to Acquisition - Land and Improvements	57
Cost Capitalized Subsequent to Acquisition - Building and Improvements	554
Cost Capitalized Subsequent to Acquisition - FF&E	1,029
Gross Amount Carried - Land and Improvements	2,160
Gross Amount Carried - Building and Improvements	1,361
Gross Amount Carried - FF&E	1,103
Total	4,624
Accumulated Depreciation	$ (1,239)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	45 years
Orlando Maitland Summit Tower Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,577
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	65
Cost Capitalized Subsequent to Acquisition - Land and Improvements	126
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,033
Cost Capitalized Subsequent to Acquisition - FF&E	1,619
Gross Amount Carried - Land and Improvements	3,703
Gross Amount Carried - Building and Improvements	1,033
Gross Amount Carried - FF&E	1,684
Total	6,420
Accumulated Depreciation	$ (1,529)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Orlando Maitland 1760 Pembrook Dr [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,133
Initial Cost - Building and Improvements	1,347
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	49
Cost Capitalized Subsequent to Acquisition - Building and Improvements	511
Cost Capitalized Subsequent to Acquisition - FF&E	963
Gross Amount Carried - Land and Improvements	2,182
Gross Amount Carried - Building and Improvements	1,858
Gross Amount Carried - FF&E	1,004
Total	5,044
Accumulated Depreciation	$ (1,323)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Orlando Southpark Commodity Circle [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,483
Initial Cost - Building and Improvements	2,051
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	128
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,009
Cost Capitalized Subsequent to Acquisition - FF&E	1,674
Gross Amount Carried - Land and Improvements	3,611
Gross Amount Carried - Building and Improvements	3,060
Gross Amount Carried - FF&E	1,738
Total	8,409
Accumulated Depreciation	$ (2,381)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	40 years
Orlando Southpark Equity Row [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,854
Initial Cost - Building and Improvements	432
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	856
Cost Capitalized Subsequent to Acquisition - FF&E	1,493
Gross Amount Carried - Land and Improvements	2,946
Gross Amount Carried - Building and Improvements	1,288
Gross Amount Carried - FF&E	1,542
Total	5,776
Accumulated Depreciation	$ (1,597)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Orlando Orlando Theme Parks Vineland Rd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,813
Initial Cost - Building and Improvements	2,874
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	128
Cost Capitalized Subsequent to Acquisition - Building and Improvements	629
Cost Capitalized Subsequent to Acquisition - FF&E	1,253
Gross Amount Carried - Land and Improvements	2,941
Gross Amount Carried - Building and Improvements	3,503
Gross Amount Carried - FF&E	1,319
Total	7,763
Accumulated Depreciation	$ (2,222)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	42 years
Orlando Orlando Theme Parks Major Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,349
Initial Cost - Building and Improvements	3,190
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	153
Cost Capitalized Subsequent to Acquisition - Building and Improvements	784
Cost Capitalized Subsequent to Acquisition - FF&E	1,256
Gross Amount Carried - Land and Improvements	3,502
Gross Amount Carried - Building and Improvements	3,974
Gross Amount Carried - FF&E	1,308
Total	8,784
Accumulated Depreciation	$ (2,356)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Pensacola University Mall [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 934
Initial Cost - Building and Improvements	4,059
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	70
Cost Capitalized Subsequent to Acquisition - Building and Improvements	581
Cost Capitalized Subsequent to Acquisition - FF&E	1,062
Gross Amount Carried - Land and Improvements	1,004
Gross Amount Carried - Building and Improvements	4,640
Gross Amount Carried - FF&E	1,100
Total	6,744
Accumulated Depreciation	$ (2,135)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Fort Lauderdale Cypress Creek Park North [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,567
Initial Cost - Building and Improvements	2,828
Initial Cost - FF&E	65
Cost Capitalized Subsequent to Acquisition - Land and Improvements	153
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,064
Cost Capitalized Subsequent to Acquisition - FF&E	2,945
Gross Amount Carried - Land and Improvements	3,720
Gross Amount Carried - Building and Improvements	4,892
Gross Amount Carried - FF&E	3,010
Total	11,622
Accumulated Depreciation	$ (3,320)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Tallahassee Killearn [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 356
Initial Cost - Building and Improvements	1,769
Initial Cost - FF&E	29
Cost Capitalized Subsequent to Acquisition - Land and Improvements	88
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,080
Cost Capitalized Subsequent to Acquisition - FF&E	846
Gross Amount Carried - Land and Improvements	444
Gross Amount Carried - Building and Improvements	2,849
Gross Amount Carried - FF&E	875
Total	4,168
Accumulated Depreciation	$ (1,554)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	28 years
Fort Lauderdale Tamarac [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,709
Initial Cost - Building and Improvements	3,054
Initial Cost - FF&E	712
Cost Capitalized Subsequent to Acquisition - Land and Improvements	152
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,736
Cost Capitalized Subsequent to Acquisition - FF&E	1,139
Gross Amount Carried - Land and Improvements	3,861
Gross Amount Carried - Building and Improvements	4,790
Gross Amount Carried - FF&E	1,851
Total	10,502
Accumulated Depreciation	$ (3,383)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	21 years
Tampa Airport Memorial Hwy [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,513
Initial Cost - Building and Improvements	1,342
Initial Cost - FF&E	69
Cost Capitalized Subsequent to Acquisition - Land and Improvements	161
Cost Capitalized Subsequent to Acquisition - Building and Improvements	673
Cost Capitalized Subsequent to Acquisition - FF&E	1,259
Gross Amount Carried - Land and Improvements	2,674
Gross Amount Carried - Building and Improvements	2,015
Gross Amount Carried - FF&E	1,328
Total	6,017
Accumulated Depreciation	$ (1,792)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	42 years
Tampa Airport - N Westshore Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,564
Initial Cost - Building and Improvements	3,918
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	115
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,401
Cost Capitalized Subsequent to Acquisition - FF&E	1,779
Gross Amount Carried - Land and Improvements	2,679
Gross Amount Carried - Building and Improvements	5,319
Gross Amount Carried - FF&E	1,843
Total	9,841
Accumulated Depreciation	$ (3,098)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Tampa Airport Spruce Street [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,437
Initial Cost - Building and Improvements	3,066
Initial Cost - FF&E	102
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75
Cost Capitalized Subsequent to Acquisition - Building and Improvements	577
Cost Capitalized Subsequent to Acquisition - FF&E	976
Gross Amount Carried - Land and Improvements	2,512
Gross Amount Carried - Building and Improvements	3,643
Gross Amount Carried - FF&E	1,078
Total	7,233
Accumulated Depreciation	$ (1,874)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Tampa North USF Attractions [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,028
Initial Cost - Building and Improvements	845
Initial Cost - FF&E	37
Cost Capitalized Subsequent to Acquisition - Land and Improvements	172
Cost Capitalized Subsequent to Acquisition - Building and Improvements	718
Cost Capitalized Subsequent to Acquisition - FF&E	1,171
Gross Amount Carried - Land and Improvements	2,200
Gross Amount Carried - Building and Improvements	1,563
Gross Amount Carried - FF&E	1,208
Total	4,971
Accumulated Depreciation	$ (1,370)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Tampa North Airport [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,294
Initial Cost - Building and Improvements	2,236
Initial Cost - FF&E	490
Cost Capitalized Subsequent to Acquisition - Land and Improvements	154
Cost Capitalized Subsequent to Acquisition - Building and Improvements	991
Cost Capitalized Subsequent to Acquisition - FF&E	1,053
Gross Amount Carried - Land and Improvements	1,448
Gross Amount Carried - Building and Improvements	3,227
Gross Amount Carried - FF&E	1,543
Total	6,218
Accumulated Depreciation	$ (2,615)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	20 years
West Palm Beach Northpoint Corporate Park [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,723
Initial Cost - Building and Improvements	3,326
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	93
Cost Capitalized Subsequent to Acquisition - Building and Improvements	500
Cost Capitalized Subsequent to Acquisition - FF&E	1,069
Gross Amount Carried - Land and Improvements	2,816
Gross Amount Carried - Building and Improvements	3,826
Gross Amount Carried - FF&E	1,118
Total	7,760
Accumulated Depreciation	$ (1,822)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Atlanta Alpharetta Northpoint East [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 717
Initial Cost - Building and Improvements	591
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	125
Cost Capitalized Subsequent to Acquisition - Building and Improvements	824
Cost Capitalized Subsequent to Acquisition - FF&E	1,463
Gross Amount Carried - Land and Improvements	842
Gross Amount Carried - Building and Improvements	1,415
Gross Amount Carried - FF&E	1,505
Total	3,762
Accumulated Depreciation	$ (1,481)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Atlanta Alpharetta Northpoint West [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,218
Initial Cost - Building and Improvements	1,673
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	782
Cost Capitalized Subsequent to Acquisition - FF&E	1,335
Gross Amount Carried - Land and Improvements	1,336
Gross Amount Carried - Building and Improvements	2,455
Gross Amount Carried - FF&E	1,393
Total	5,184
Accumulated Depreciation	$ (1,721)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	42 years
Atlanta Alpharetta Rock Mill Rd [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,391
Initial Cost - Building and Improvements	1,101
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	51
Cost Capitalized Subsequent to Acquisition - Building and Improvements	554
Cost Capitalized Subsequent to Acquisition - FF&E	821
Gross Amount Carried - Land and Improvements	1,442
Gross Amount Carried - Building and Improvements	1,655
Gross Amount Carried - FF&E	861
Total	3,958
Accumulated Depreciation	$ (1,298)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Atlanta Clairmont [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,142
Initial Cost - Building and Improvements	3,284
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	644
Cost Capitalized Subsequent to Acquisition - FF&E	970
Gross Amount Carried - Land and Improvements	1,234
Gross Amount Carried - Building and Improvements	3,928
Gross Amount Carried - FF&E	1,010
Total	6,172
Accumulated Depreciation	$ (2,019)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Atlanta Buckhead [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,183
Initial Cost - Building and Improvements	4,086
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	816
Cost Capitalized Subsequent to Acquisition - FF&E	1,332
Gross Amount Carried - Land and Improvements	1,279
Gross Amount Carried - Building and Improvements	4,902
Gross Amount Carried - FF&E	1,374
Total	7,555
Accumulated Depreciation	$ (2,395)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Atlanta Marietta Interstate N Pkwy [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,766
Initial Cost - Building and Improvements	3,023
Initial Cost - FF&E	72
Cost Capitalized Subsequent to Acquisition - Land and Improvements	90
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,032
Cost Capitalized Subsequent to Acquisition - FF&E	1,345
Gross Amount Carried - Land and Improvements	1,856
Gross Amount Carried - Building and Improvements	4,055
Gross Amount Carried - FF&E	1,417
Total	7,328
Accumulated Depreciation	$ (1,993)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	41 years
Atlanta Marietta Wildwood [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 852
Initial Cost - Building and Improvements	2,881
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	752
Cost Capitalized Subsequent to Acquisition - FF&E	1,049
Gross Amount Carried - Land and Improvements	938
Gross Amount Carried - Building and Improvements	3,633
Gross Amount Carried - FF&E	1,089
Total	5,660
Accumulated Depreciation	$ (2,009)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Atlanta Perimeter Hammond Drive [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,921
Initial Cost - Building and Improvements	3,398
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	215
Cost Capitalized Subsequent to Acquisition - Building and Improvements	845
Cost Capitalized Subsequent to Acquisition - FF&E	1,319
Gross Amount Carried - Land and Improvements	2,136
Gross Amount Carried - Building and Improvements	4,243
Gross Amount Carried - FF&E	1,364
Total	7,743
Accumulated Depreciation	$ (2,478)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Atlanta Perimeter Crestline [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,562
Initial Cost - Building and Improvements	1,581
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	83
Cost Capitalized Subsequent to Acquisition - Building and Improvements	566
Cost Capitalized Subsequent to Acquisition - FF&E	1,131
Gross Amount Carried - Land and Improvements	1,645
Gross Amount Carried - Building and Improvements	2,147
Gross Amount Carried - FF&E	1,177
Total	4,969
Accumulated Depreciation	$ (1,568)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Atlanta Perimeter Peachtree Dunwoody [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,203
Initial Cost - Building and Improvements	2,928
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	135
Cost Capitalized Subsequent to Acquisition - Building and Improvements	775
Cost Capitalized Subsequent to Acquisition - FF&E	1,133
Gross Amount Carried - Land and Improvements	1,338
Gross Amount Carried - Building and Improvements	3,703
Gross Amount Carried - FF&E	1,177
Total	6,218
Accumulated Depreciation	$ (2,038)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Atlanta Vinings [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,924
Initial Cost - Building and Improvements	5,785
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	87
Cost Capitalized Subsequent to Acquisition - Building and Improvements	794
Cost Capitalized Subsequent to Acquisition - FF&E	1,314
Gross Amount Carried - Land and Improvements	2,011
Gross Amount Carried - Building and Improvements	6,579
Gross Amount Carried - FF&E	1,371
Total	9,961
Accumulated Depreciation	$ (2,680)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	40 years
Atlanta Duluth [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,177
Initial Cost - Building and Improvements	1,252
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	74
Cost Capitalized Subsequent to Acquisition - Building and Improvements	564
Cost Capitalized Subsequent to Acquisition - FF&E	743
Gross Amount Carried - Land and Improvements	1,251
Gross Amount Carried - Building and Improvements	1,816
Gross Amount Carried - FF&E	804
Total	3,871
Accumulated Depreciation	$ (1,046)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	49 years
Atlanta Gwinnett Place [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,269
Initial Cost - Building and Improvements	3,234
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	375
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,128
Cost Capitalized Subsequent to Acquisition - FF&E	1,352
Gross Amount Carried - Land and Improvements	1,644
Gross Amount Carried - Building and Improvements	4,362
Gross Amount Carried - FF&E	1,400
Total	7,406
Accumulated Depreciation	$ (2,295)
Date Acquired	Oct. 8, 2010
Date of Construction	1990
Depreciable Lives	30 years
Atlanta Kennesaw Chastain Rd [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,092
Initial Cost - Building and Improvements	1,560
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	105
Cost Capitalized Subsequent to Acquisition - Building and Improvements	610
Cost Capitalized Subsequent to Acquisition - FF&E	1,391
Gross Amount Carried - Land and Improvements	1,197
Gross Amount Carried - Building and Improvements	2,170
Gross Amount Carried - FF&E	1,429
Total	4,796
Accumulated Depreciation	$ (1,658)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Atlanta Kennesaw Town Center [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,122
Initial Cost - Building and Improvements	2,213
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75
Cost Capitalized Subsequent to Acquisition - Building and Improvements	698
Cost Capitalized Subsequent to Acquisition - FF&E	1,009
Gross Amount Carried - Land and Improvements	1,197
Gross Amount Carried - Building and Improvements	2,911
Gross Amount Carried - FF&E	1,047
Total	5,155
Accumulated Depreciation	$ (1,560)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Atlanta Marietta Powers Ferry Rd [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,718
Initial Cost - Building and Improvements	1,891
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	52
Cost Capitalized Subsequent to Acquisition - Building and Improvements	932
Cost Capitalized Subsequent to Acquisition - FF&E	1,401
Gross Amount Carried - Land and Improvements	2,770
Gross Amount Carried - Building and Improvements	2,823
Gross Amount Carried - FF&E	1,459
Total	7,052
Accumulated Depreciation	$ (1,931)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Atlanta Marietta Windy Hill [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,645
Initial Cost - Building and Improvements	2,192
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	(104)
Cost Capitalized Subsequent to Acquisition - Building and Improvements	865
Cost Capitalized Subsequent to Acquisition - FF&E	1,100
Gross Amount Carried - Land and Improvements	1,541
Gross Amount Carried - Building and Improvements	3,057
Gross Amount Carried - FF&E	1,141
Total	5,739
Accumulated Depreciation	$ (1,635)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Atlanta Morrow [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,713
Initial Cost - Building and Improvements	2,276
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	94
Cost Capitalized Subsequent to Acquisition - Building and Improvements	687
Cost Capitalized Subsequent to Acquisition - FF&E	1,044
Gross Amount Carried - Land and Improvements	1,807
Gross Amount Carried - Building and Improvements	2,963
Gross Amount Carried - FF&E	1,085
Total	5,855
Accumulated Depreciation	$ (1,533)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Atlanta Peachtree Corners [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,256
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	19
Cost Capitalized Subsequent to Acquisition - Land and Improvements	112
Cost Capitalized Subsequent to Acquisition - Building and Improvements	629
Cost Capitalized Subsequent to Acquisition - FF&E	1,047
Gross Amount Carried - Land and Improvements	1,368
Gross Amount Carried - Building and Improvements	629
Gross Amount Carried - FF&E	1,066
Total	3,063
Accumulated Depreciation	$ (906)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Savannah Midtown [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 564
Initial Cost - Building and Improvements	5,079
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	520
Cost Capitalized Subsequent to Acquisition - FF&E	1,093
Gross Amount Carried - Land and Improvements	630
Gross Amount Carried - Building and Improvements	5,599
Gross Amount Carried - FF&E	1,159
Total	7,388
Accumulated Depreciation	$ (2,430)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Atlanta Cumberland Mall [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,631
Initial Cost - Building and Improvements	2,038
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,011
Cost Capitalized Subsequent to Acquisition - FF&E	1,195
Gross Amount Carried - Land and Improvements	1,716
Gross Amount Carried - Building and Improvements	3,049
Gross Amount Carried - FF&E	1,240
Total	6,005
Accumulated Depreciation	$ (1,905)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Des Moines Urbandale [Member] | IOWA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,119
Initial Cost - Building and Improvements	2,684
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	130
Cost Capitalized Subsequent to Acquisition - Building and Improvements	639
Cost Capitalized Subsequent to Acquisition - FF&E	879
Gross Amount Carried - Land and Improvements	1,249
Gross Amount Carried - Building and Improvements	3,323
Gross Amount Carried - FF&E	920
Total	5,492
Accumulated Depreciation	$ (1,754)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Des Moines West Des Moines [Member] | IOWA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,089
Initial Cost - Building and Improvements	2,742
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	121
Cost Capitalized Subsequent to Acquisition - Building and Improvements	856
Cost Capitalized Subsequent to Acquisition - FF&E	1,184
Gross Amount Carried - Land and Improvements	1,210
Gross Amount Carried - Building and Improvements	3,598
Gross Amount Carried - FF&E	1,223
Total	6,031
Accumulated Depreciation	$ (2,452)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Boise Airport [Member] | IDAHO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 862
Initial Cost - Building and Improvements	1,647
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	84
Cost Capitalized Subsequent to Acquisition - Building and Improvements	933
Cost Capitalized Subsequent to Acquisition - FF&E	1,125
Gross Amount Carried - Land and Improvements	946
Gross Amount Carried - Building and Improvements	2,580
Gross Amount Carried - FF&E	1,164
Total	4,690
Accumulated Depreciation	$ (1,528)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Chicago Midway [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,028
Initial Cost - Building and Improvements	2,261
Initial Cost - FF&E	130
Cost Capitalized Subsequent to Acquisition - Land and Improvements	105
Cost Capitalized Subsequent to Acquisition - Building and Improvements	769
Cost Capitalized Subsequent to Acquisition - FF&E	1,140
Gross Amount Carried - Land and Improvements	2,133
Gross Amount Carried - Building and Improvements	3,030
Gross Amount Carried - FF&E	1,270
Total	6,433
Accumulated Depreciation	$ (2,130)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Bloomington Normal [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 941
Initial Cost - Building and Improvements	3,404
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	64
Cost Capitalized Subsequent to Acquisition - Building and Improvements	586
Cost Capitalized Subsequent to Acquisition - FF&E	931
Gross Amount Carried - Land and Improvements	1,005
Gross Amount Carried - Building and Improvements	3,990
Gross Amount Carried - FF&E	992
Total	5,987
Accumulated Depreciation	$ (1,763)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Chicago Buffalo Grove Deerfield [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,264
Initial Cost - Building and Improvements	4,986
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	77
Cost Capitalized Subsequent to Acquisition - Building and Improvements	904
Cost Capitalized Subsequent to Acquisition - FF&E	1,107
Gross Amount Carried - Land and Improvements	2,341
Gross Amount Carried - Building and Improvements	5,890
Gross Amount Carried - FF&E	1,151
Total	9,382
Accumulated Depreciation	$ (2,691)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Chicago Burr Ridge [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,033
Initial Cost - Building and Improvements	4,406
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	125
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,024
Cost Capitalized Subsequent to Acquisition - FF&E	1,118
Gross Amount Carried - Land and Improvements	2,158
Gross Amount Carried - Building and Improvements	5,430
Gross Amount Carried - FF&E	1,161
Total	8,749
Accumulated Depreciation	$ (2,620)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Champaign Urbana [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,221
Initial Cost - Building and Improvements	4,043
Initial Cost - FF&E	35
Cost Capitalized Subsequent to Acquisition - Land and Improvements	89
Cost Capitalized Subsequent to Acquisition - Building and Improvements	508
Cost Capitalized Subsequent to Acquisition - FF&E	772
Gross Amount Carried - Land and Improvements	1,310
Gross Amount Carried - Building and Improvements	4,551
Gross Amount Carried - FF&E	807
Total	6,668
Accumulated Depreciation	$ (1,757)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Chicago Darien [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,754
Initial Cost - Building and Improvements	4,286
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	129
Cost Capitalized Subsequent to Acquisition - Building and Improvements	698
Cost Capitalized Subsequent to Acquisition - FF&E	938
Gross Amount Carried - Land and Improvements	1,883
Gross Amount Carried - Building and Improvements	4,984
Gross Amount Carried - FF&E	980
Total	7,847
Accumulated Depreciation	$ (2,240)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Chicago O'Hare [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,946
Initial Cost - Building and Improvements	3,737
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	151
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,048
Cost Capitalized Subsequent to Acquisition - FF&E	1,220
Gross Amount Carried - Land and Improvements	2,097
Gross Amount Carried - Building and Improvements	4,785
Gross Amount Carried - FF&E	1,264
Total	8,146
Accumulated Depreciation	$ (2,446)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Chicago O'Hare Allstate Arena [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,122
Initial Cost - Building and Improvements	1,434
Initial Cost - FF&E	71
Cost Capitalized Subsequent to Acquisition - Land and Improvements	97
Cost Capitalized Subsequent to Acquisition - Building and Improvements	841
Cost Capitalized Subsequent to Acquisition - FF&E	1,114
Gross Amount Carried - Land and Improvements	2,219
Gross Amount Carried - Building and Improvements	2,275
Gross Amount Carried - FF&E	1,185
Total	5,679
Accumulated Depreciation	$ (1,614)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	40 years
Chicago Downers Grove [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,592
Initial Cost - Building and Improvements	3,321
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	150
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,688
Cost Capitalized Subsequent to Acquisition - FF&E	1,687
Gross Amount Carried - Land and Improvements	2,742
Gross Amount Carried - Building and Improvements	5,009
Gross Amount Carried - FF&E	1,740
Total	9,491
Accumulated Depreciation	$ (3,098)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Chicago Elmhurst O'Hare [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,728
Initial Cost - Building and Improvements	2,769
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	131
Cost Capitalized Subsequent to Acquisition - Building and Improvements	632
Cost Capitalized Subsequent to Acquisition - FF&E	1,035
Gross Amount Carried - Land and Improvements	1,859
Gross Amount Carried - Building and Improvements	3,401
Gross Amount Carried - FF&E	1,077
Total	6,337
Accumulated Depreciation	$ (1,885)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Chicago Gurnee [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,557
Initial Cost - Building and Improvements	2,759
Initial Cost - FF&E	37
Cost Capitalized Subsequent to Acquisition - Land and Improvements	161
Cost Capitalized Subsequent to Acquisition - Building and Improvements	816
Cost Capitalized Subsequent to Acquisition - FF&E	1,094
Gross Amount Carried - Land and Improvements	1,718
Gross Amount Carried - Building and Improvements	3,575
Gross Amount Carried - FF&E	1,131
Total	6,424
Accumulated Depreciation	$ (1,959)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Chicago Hanover Park [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,217
Initial Cost - Building and Improvements	1,081
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	62
Cost Capitalized Subsequent to Acquisition - Building and Improvements	722
Cost Capitalized Subsequent to Acquisition - FF&E	810
Gross Amount Carried - Land and Improvements	4,279
Gross Amount Carried - Building and Improvements	1,803
Gross Amount Carried - FF&E	848
Total	6,930
Accumulated Depreciation	$ (1,423)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Chicago Hillside [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,661
Initial Cost - Building and Improvements	1,134
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	101
Cost Capitalized Subsequent to Acquisition - Building and Improvements	792
Cost Capitalized Subsequent to Acquisition - FF&E	1,156
Gross Amount Carried - Land and Improvements	1,762
Gross Amount Carried - Building and Improvements	1,926
Gross Amount Carried - FF&E	1,205
Total	4,893
Accumulated Depreciation	$ (1,836)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Chicago Itasca [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,419
Initial Cost - Building and Improvements	2,764
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	807
Cost Capitalized Subsequent to Acquisition - FF&E	1,107
Gross Amount Carried - Land and Improvements	1,539
Gross Amount Carried - Building and Improvements	3,571
Gross Amount Carried - FF&E	1,153
Total	6,263
Accumulated Depreciation	$ (1,896)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Chicago Lansing [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,778
Initial Cost - Building and Improvements	2,399
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	173
Cost Capitalized Subsequent to Acquisition - Building and Improvements	687
Cost Capitalized Subsequent to Acquisition - FF&E	1,120
Gross Amount Carried - Land and Improvements	1,951
Gross Amount Carried - Building and Improvements	3,086
Gross Amount Carried - FF&E	1,164
Total	6,201
Accumulated Depreciation	$ (2,095)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Chicago Lisle [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,908
Initial Cost - Building and Improvements	2,176
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	100
Cost Capitalized Subsequent to Acquisition - Building and Improvements	506
Cost Capitalized Subsequent to Acquisition - FF&E	889
Gross Amount Carried - Land and Improvements	2,008
Gross Amount Carried - Building and Improvements	2,682
Gross Amount Carried - FF&E	931
Total	5,621
Accumulated Depreciation	$ (1,669)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Chicago Lombard Oakbrook [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,692
Initial Cost - Building and Improvements	1,060
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	142
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,050
Cost Capitalized Subsequent to Acquisition - FF&E	1,408
Gross Amount Carried - Land and Improvements	3,834
Gross Amount Carried - Building and Improvements	2,110
Gross Amount Carried - FF&E	1,467
Total	7,411
Accumulated Depreciation	$ (2,075)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Chicago Lombard Yorktown Center [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,029
Initial Cost - Building and Improvements	3,367
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	110
Cost Capitalized Subsequent to Acquisition - Building and Improvements	674
Cost Capitalized Subsequent to Acquisition - FF&E	1,110
Gross Amount Carried - Land and Improvements	2,139
Gross Amount Carried - Building and Improvements	4,041
Gross Amount Carried - FF&E	1,168
Total	7,348
Accumulated Depreciation	$ (1,949)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Chicago Naperville East [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,686
Initial Cost - Building and Improvements	4,231
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	169
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,224
Cost Capitalized Subsequent to Acquisition - FF&E	1,300
Gross Amount Carried - Land and Improvements	1,855
Gross Amount Carried - Building and Improvements	5,455
Gross Amount Carried - FF&E	1,348
Total	8,658
Accumulated Depreciation	$ (2,941)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Chicago Naperville West [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,084
Initial Cost - Building and Improvements	2,386
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	146
Cost Capitalized Subsequent to Acquisition - Building and Improvements	910
Cost Capitalized Subsequent to Acquisition - FF&E	1,219
Gross Amount Carried - Land and Improvements	3,230
Gross Amount Carried - Building and Improvements	3,296
Gross Amount Carried - FF&E	1,263
Total	7,789
Accumulated Depreciation	$ (2,114)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
St Louis O'Fallon IL [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,099
Initial Cost - Building and Improvements	2,897
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	56
Cost Capitalized Subsequent to Acquisition - Building and Improvements	702
Cost Capitalized Subsequent to Acquisition - FF&E	780
Gross Amount Carried - Land and Improvements	1,155
Gross Amount Carried - Building and Improvements	3,599
Gross Amount Carried - FF&E	814
Total	5,568
Accumulated Depreciation	$ (1,541)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Peoria North [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,063
Initial Cost - Building and Improvements	3,528
Initial Cost - FF&E	63
Cost Capitalized Subsequent to Acquisition - Land and Improvements	58
Cost Capitalized Subsequent to Acquisition - Building and Improvements	393
Cost Capitalized Subsequent to Acquisition - FF&E	805
Gross Amount Carried - Land and Improvements	1,121
Gross Amount Carried - Building and Improvements	3,921
Gross Amount Carried - FF&E	868
Total	5,910
Accumulated Depreciation	$ (1,830)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Rockford I-90 [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,046
Initial Cost - Building and Improvements	1,989
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	99
Cost Capitalized Subsequent to Acquisition - Building and Improvements	597
Cost Capitalized Subsequent to Acquisition - FF&E	1,008
Gross Amount Carried - Land and Improvements	1,145
Gross Amount Carried - Building and Improvements	2,586
Gross Amount Carried - FF&E	1,046
Total	4,777
Accumulated Depreciation	$ (1,442)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	47 years
Rockford State Street [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 971
Initial Cost - Building and Improvements	293
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	162
Cost Capitalized Subsequent to Acquisition - Building and Improvements	595
Cost Capitalized Subsequent to Acquisition - FF&E	983
Gross Amount Carried - Land and Improvements	1,133
Gross Amount Carried - Building and Improvements	888
Gross Amount Carried - FF&E	1,017
Total	3,038
Accumulated Depreciation	$ (1,449)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Chicago Rolling Meadows [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,643
Initial Cost - Building and Improvements	640
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	56
Cost Capitalized Subsequent to Acquisition - Building and Improvements	801
Cost Capitalized Subsequent to Acquisition - FF&E	1,186
Gross Amount Carried - Land and Improvements	1,699
Gross Amount Carried - Building and Improvements	1,441
Gross Amount Carried - FF&E	1,230
Total	4,370
Accumulated Depreciation	$ (1,392)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Chicago Romeoville Bollingbrook [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,741
Initial Cost - Building and Improvements	3,612
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	105
Cost Capitalized Subsequent to Acquisition - Building and Improvements	791
Cost Capitalized Subsequent to Acquisition - FF&E	961
Gross Amount Carried - Land and Improvements	1,846
Gross Amount Carried - Building and Improvements	4,403
Gross Amount Carried - FF&E	999
Total	7,248
Accumulated Depreciation	$ (2,035)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Chicago Skokie [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,305
Initial Cost - Building and Improvements	8,355
Initial Cost - FF&E	65
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	917
Cost Capitalized Subsequent to Acquisition - FF&E	1,430
Gross Amount Carried - Land and Improvements	2,441
Gross Amount Carried - Building and Improvements	9,272
Gross Amount Carried - FF&E	1,495
Total	13,208
Accumulated Depreciation	$ (3,690)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Chicago Vernon Hills Lake Forest [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,471
Initial Cost - Building and Improvements	4,030
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	55
Cost Capitalized Subsequent to Acquisition - Building and Improvements	487
Cost Capitalized Subsequent to Acquisition - FF&E	1,010
Gross Amount Carried - Land and Improvements	2,526
Gross Amount Carried - Building and Improvements	4,517
Gross Amount Carried - FF&E	1,070
Total	8,113
Accumulated Depreciation	$ (2,123)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Chicago Vernon Hills Lincolnshire [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,467
Initial Cost - Building and Improvements	1,053
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	97
Cost Capitalized Subsequent to Acquisition - Building and Improvements	834
Cost Capitalized Subsequent to Acquisition - FF&E	1,275
Gross Amount Carried - Land and Improvements	2,564
Gross Amount Carried - Building and Improvements	1,887
Gross Amount Carried - FF&E	1,341
Total	5,792
Accumulated Depreciation	$ (1,892)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Chicago Westmont Oak Brook [Member] | ILLINOIS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,510
Initial Cost - Building and Improvements	587
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	148
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,148
Cost Capitalized Subsequent to Acquisition - FF&E	1,413
Gross Amount Carried - Land and Improvements	3,658
Gross Amount Carried - Building and Improvements	1,735
Gross Amount Carried - FF&E	1,465
Total	6,858
Accumulated Depreciation	$ (2,072)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Evansville East [Member] | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 387
Initial Cost - Building and Improvements	2,295
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	121
Cost Capitalized Subsequent to Acquisition - Building and Improvements	476
Cost Capitalized Subsequent to Acquisition - FF&E	990
Gross Amount Carried - Land and Improvements	508
Gross Amount Carried - Building and Improvements	2,771
Gross Amount Carried - FF&E	1,024
Total	4,303
Accumulated Depreciation	$ (1,770)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Indianapolis Castleton [Member] | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 558
Initial Cost - Building and Improvements	2,108
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	638
Cost Capitalized Subsequent to Acquisition - FF&E	956
Gross Amount Carried - Land and Improvements	654
Gross Amount Carried - Building and Improvements	2,746
Gross Amount Carried - FF&E	996
Total	4,396
Accumulated Depreciation	$ (1,541)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Indianapolis North Carmel [Member] | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 812
Initial Cost - Building and Improvements	851
Initial Cost - FF&E	29
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	566
Cost Capitalized Subsequent to Acquisition - FF&E	824
Gross Amount Carried - Land and Improvements	932
Gross Amount Carried - Building and Improvements	1,417
Gross Amount Carried - FF&E	853
Total	3,202
Accumulated Depreciation	$ (955)
Date Acquired	Oct. 8, 2010
Date of Construction	1990
Depreciable Lives	30 years
Indianapolis West 86th St [Member] | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 581
Initial Cost - Building and Improvements	2,330
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	208
Cost Capitalized Subsequent to Acquisition - Building and Improvements	945
Cost Capitalized Subsequent to Acquisition - FF&E	1,177
Gross Amount Carried - Land and Improvements	789
Gross Amount Carried - Building and Improvements	3,275
Gross Amount Carried - FF&E	1,217
Total	5,281
Accumulated Depreciation	$ (1,816)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Merrillville US Rte 30 [Member] | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 693
Initial Cost - Building and Improvements	3,923
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	146
Cost Capitalized Subsequent to Acquisition - Building and Improvements	712
Cost Capitalized Subsequent to Acquisition - FF&E	1,025
Gross Amount Carried - Land and Improvements	839
Gross Amount Carried - Building and Improvements	4,635
Gross Amount Carried - FF&E	1,064
Total	6,538
Accumulated Depreciation	$ (2,345)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
South Bend Mishawaka North [Member] | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 497
Initial Cost - Building and Improvements	1,929
Initial Cost - FF&E	62
Cost Capitalized Subsequent to Acquisition - Land and Improvements	102
Cost Capitalized Subsequent to Acquisition - Building and Improvements	705
Cost Capitalized Subsequent to Acquisition - FF&E	960
Gross Amount Carried - Land and Improvements	599
Gross Amount Carried - Building and Improvements	2,634
Gross Amount Carried - FF&E	1,022
Total	4,255
Accumulated Depreciation	$ (1,535)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
South Bend Mishawaka South [Member] | INDIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 457
Initial Cost - Building and Improvements	1,146
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	503
Cost Capitalized Subsequent to Acquisition - FF&E	999
Gross Amount Carried - Land and Improvements	553
Gross Amount Carried - Building and Improvements	1,649
Gross Amount Carried - FF&E	1,033
Total	3,235
Accumulated Depreciation	$ (1,332)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Cincinnati Covington [Member] | KENTUCKY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 880
Initial Cost - Building and Improvements	5,352
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	63
Cost Capitalized Subsequent to Acquisition - Building and Improvements	804
Cost Capitalized Subsequent to Acquisition - FF&E	1,110
Gross Amount Carried - Land and Improvements	943
Gross Amount Carried - Building and Improvements	6,156
Gross Amount Carried - FF&E	1,148
Total	8,247
Accumulated Depreciation	$ (2,457)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Cincinnati Florence Meijer Dr [Member] | KENTUCKY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 549
Initial Cost - Building and Improvements	1,850
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	163
Cost Capitalized Subsequent to Acquisition - Building and Improvements	550
Cost Capitalized Subsequent to Acquisition - FF&E	1,134
Gross Amount Carried - Land and Improvements	712
Gross Amount Carried - Building and Improvements	2,400
Gross Amount Carried - FF&E	1,167
Total	4,279
Accumulated Depreciation	$ (1,654)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Cincinnati Florence Turfway Rd [Member] | KENTUCKY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 827
Initial Cost - Building and Improvements	2,575
Initial Cost - FF&E	37
Cost Capitalized Subsequent to Acquisition - Land and Improvements	109
Cost Capitalized Subsequent to Acquisition - Building and Improvements	644
Cost Capitalized Subsequent to Acquisition - FF&E	964
Gross Amount Carried - Land and Improvements	936
Gross Amount Carried - Building and Improvements	3,219
Gross Amount Carried - FF&E	1,001
Total	5,156
Accumulated Depreciation	$ (1,618)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Louisville Alliant Avenue [Member] | KENTUCKY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 812
Initial Cost - Building and Improvements	2,628
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	94
Cost Capitalized Subsequent to Acquisition - Building and Improvements	642
Cost Capitalized Subsequent to Acquisition - FF&E	1,083
Gross Amount Carried - Land and Improvements	906
Gross Amount Carried - Building and Improvements	3,270
Gross Amount Carried - FF&E	1,131
Total	5,307
Accumulated Depreciation	$ (1,892)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Louisville Dutchman [Member] | KENTUCKY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 662
Initial Cost - Building and Improvements	2,540
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	49
Cost Capitalized Subsequent to Acquisition - Building and Improvements	725
Cost Capitalized Subsequent to Acquisition - FF&E	1,017
Gross Amount Carried - Land and Improvements	711
Gross Amount Carried - Building and Improvements	3,265
Gross Amount Carried - FF&E	1,062
Total	5,038
Accumulated Depreciation	$ (1,721)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Louisville Hurstbourne [Member] | KENTUCKY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 656
Initial Cost - Building and Improvements	439
Initial Cost - FF&E	30
Cost Capitalized Subsequent to Acquisition - Land and Improvements	326
Cost Capitalized Subsequent to Acquisition - Building and Improvements	637
Cost Capitalized Subsequent to Acquisition - FF&E	936
Gross Amount Carried - Land and Improvements	982
Gross Amount Carried - Building and Improvements	1,076
Gross Amount Carried - FF&E	966
Total	3,024
Accumulated Depreciation	$ (1,338)
Date Acquired	Oct. 8, 2010
Date of Construction	1988
Depreciable Lives	28 years
Baton Rouge Citiplace [Member] | LOUISIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,029
Initial Cost - Building and Improvements	5,875
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75
Cost Capitalized Subsequent to Acquisition - Building and Improvements	868
Cost Capitalized Subsequent to Acquisition - FF&E	1,043
Gross Amount Carried - Land and Improvements	1,104
Gross Amount Carried - Building and Improvements	6,743
Gross Amount Carried - FF&E	1,109
Total	8,956
Accumulated Depreciation	$ (2,563)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
New Orleans Kenner [Member] | LOUISIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,028
Initial Cost - Building and Improvements	6,843
Initial Cost - FF&E	79
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,050
Cost Capitalized Subsequent to Acquisition - FF&E	1,047
Gross Amount Carried - Land and Improvements	1,148
Gross Amount Carried - Building and Improvements	7,893
Gross Amount Carried - FF&E	1,126
Total	10,167
Accumulated Depreciation	$ (2,766)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Lafayette Airport [Member] | LOUISIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 436
Initial Cost - Building and Improvements	2,212
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	68
Cost Capitalized Subsequent to Acquisition - Building and Improvements	883
Cost Capitalized Subsequent to Acquisition - FF&E	1,019
Gross Amount Carried - Land and Improvements	504
Gross Amount Carried - Building and Improvements	3,095
Gross Amount Carried - FF&E	1,057
Total	4,656
Accumulated Depreciation	$ (1,789)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
New Orleans Metairie [Member] | LOUISIANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 559
Initial Cost - Building and Improvements	5,559
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	56
Cost Capitalized Subsequent to Acquisition - Building and Improvements	628
Cost Capitalized Subsequent to Acquisition - FF&E	1,101
Gross Amount Carried - Land and Improvements	615
Gross Amount Carried - Building and Improvements	6,187
Gross Amount Carried - FF&E	1,142
Total	7,944
Accumulated Depreciation	$ (2,557)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Boston Braintree [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,599
Initial Cost - Building and Improvements	9,110
Initial Cost - FF&E	90
Cost Capitalized Subsequent to Acquisition - Land and Improvements	73
Cost Capitalized Subsequent to Acquisition - Building and Improvements	712
Cost Capitalized Subsequent to Acquisition - FF&E	1,270
Gross Amount Carried - Land and Improvements	2,672
Gross Amount Carried - Building and Improvements	9,822
Gross Amount Carried - FF&E	1,360
Total	13,854
Accumulated Depreciation	$ (3,422)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Boston Burlington [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,533
Initial Cost - Building and Improvements	6,944
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	81
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,332
Cost Capitalized Subsequent to Acquisition - FF&E	1,564
Gross Amount Carried - Land and Improvements	2,614
Gross Amount Carried - Building and Improvements	8,276
Gross Amount Carried - FF&E	1,622
Total	12,512
Accumulated Depreciation	$ (3,845)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Boston Marlborough [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,137
Initial Cost - Building and Improvements	3,464
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	78
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,063
Cost Capitalized Subsequent to Acquisition - FF&E	1,445
Gross Amount Carried - Land and Improvements	2,215
Gross Amount Carried - Building and Improvements	4,527
Gross Amount Carried - FF&E	1,493
Total	8,235
Accumulated Depreciation	$ (2,683)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Foxboro Norton [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,153
Initial Cost - Building and Improvements	4,729
Initial Cost - FF&E	98
Cost Capitalized Subsequent to Acquisition - Land and Improvements	44
Cost Capitalized Subsequent to Acquisition - Building and Improvements	654
Cost Capitalized Subsequent to Acquisition - FF&E	900
Gross Amount Carried - Land and Improvements	2,197
Gross Amount Carried - Building and Improvements	5,383
Gross Amount Carried - FF&E	998
Total	8,578
Accumulated Depreciation	$ (2,107)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Boston Peabody [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,649
Initial Cost - Building and Improvements	5,178
Initial Cost - FF&E	110
Cost Capitalized Subsequent to Acquisition - Land and Improvements	106
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,344
Cost Capitalized Subsequent to Acquisition - FF&E	1,460
Gross Amount Carried - Land and Improvements	1,755
Gross Amount Carried - Building and Improvements	6,522
Gross Amount Carried - FF&E	1,570
Total	9,847
Accumulated Depreciation	$ (3,002)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	43 years
Boston-Tewksbury [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,547
Initial Cost - Building and Improvements	4,378
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	72
Cost Capitalized Subsequent to Acquisition - Building and Improvements	620
Cost Capitalized Subsequent to Acquisition - FF&E	1,191
Gross Amount Carried - Land and Improvements	1,619
Gross Amount Carried - Building and Improvements	4,998
Gross Amount Carried - FF&E	1,249
Total	7,866
Accumulated Depreciation	$ (2,165)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Boston Waltham 52 4th Ave [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,025
Initial Cost - Building and Improvements	6,620
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	84
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,024
Cost Capitalized Subsequent to Acquisition - FF&E	1,645
Gross Amount Carried - Land and Improvements	2,109
Gross Amount Carried - Building and Improvements	7,644
Gross Amount Carried - FF&E	1,703
Total	11,456
Accumulated Depreciation	$ (3,516)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Boston Waltham 32 4th Ave [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,851
Initial Cost - Building and Improvements	7,411
Initial Cost - FF&E	72
Cost Capitalized Subsequent to Acquisition - Land and Improvements	206
Cost Capitalized Subsequent to Acquisition - Building and Improvements	839
Cost Capitalized Subsequent to Acquisition - FF&E	1,602
Gross Amount Carried - Land and Improvements	2,057
Gross Amount Carried - Building and Improvements	8,250
Gross Amount Carried - FF&E	1,674
Total	11,981
Accumulated Depreciation	$ (3,736)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Boston Westborough Computer Dr [ Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,747
Initial Cost - Building and Improvements	2,788
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	182
Cost Capitalized Subsequent to Acquisition - Building and Improvements	779
Cost Capitalized Subsequent to Acquisition - FF&E	1,277
Gross Amount Carried - Land and Improvements	2,929
Gross Amount Carried - Building and Improvements	3,567
Gross Amount Carried - FF&E	1,325
Total	7,821
Accumulated Depreciation	$ (2,367)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Boston Westborough Connector Road [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,154
Initial Cost - Building and Improvements	1,519
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	60
Cost Capitalized Subsequent to Acquisition - Building and Improvements	500
Cost Capitalized Subsequent to Acquisition - FF&E	851
Gross Amount Carried - Land and Improvements	3,214
Gross Amount Carried - Building and Improvements	2,019
Gross Amount Carried - FF&E	908
Total	6,141
Accumulated Depreciation	$ (1,500)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Boston Westborough East Main Street [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,366
Initial Cost - Building and Improvements	2,763
Initial Cost - FF&E	81
Cost Capitalized Subsequent to Acquisition - Land and Improvements	99
Cost Capitalized Subsequent to Acquisition - Building and Improvements	781
Cost Capitalized Subsequent to Acquisition - FF&E	1,063
Gross Amount Carried - Land and Improvements	2,465
Gross Amount Carried - Building and Improvements	3,544
Gross Amount Carried - FF&E	1,144
Total	7,153
Accumulated Depreciation	$ (2,017)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	42 years
Boston Woburn [Member] | MASSACHUSETTS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,879
Initial Cost - Building and Improvements	4,426
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	115
Cost Capitalized Subsequent to Acquisition - Building and Improvements	729
Cost Capitalized Subsequent to Acquisition - FF&E	1,226
Gross Amount Carried - Land and Improvements	1,994
Gross Amount Carried - Building and Improvements	5,155
Gross Amount Carried - FF&E	1,274
Total	8,423
Accumulated Depreciation	$ (2,573)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Annapolis Admiral Cochrane Drive [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,121
Initial Cost - Building and Improvements	5,919
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	58
Cost Capitalized Subsequent to Acquisition - Building and Improvements	590
Cost Capitalized Subsequent to Acquisition - FF&E	1,253
Gross Amount Carried - Land and Improvements	2,179
Gross Amount Carried - Building and Improvements	6,509
Gross Amount Carried - FF&E	1,305
Total	9,993
Accumulated Depreciation	$ (2,946)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Annapolis Womack Drive [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,376
Initial Cost - Building and Improvements	4,684
Initial Cost - FF&E	131
Cost Capitalized Subsequent to Acquisition - Land and Improvements	74
Cost Capitalized Subsequent to Acquisition - Building and Improvements	430
Cost Capitalized Subsequent to Acquisition - FF&E	844
Gross Amount Carried - Land and Improvements	1,450
Gross Amount Carried - Building and Improvements	5,114
Gross Amount Carried - FF&E	975
Total	7,539
Accumulated Depreciation	$ (2,242)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	45 years
Baltimore Bel Air Aberdeen [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,768
Initial Cost - Building and Improvements	5,344
Initial Cost - FF&E	110
Cost Capitalized Subsequent to Acquisition - Land and Improvements	38
Cost Capitalized Subsequent to Acquisition - Building and Improvements	437
Cost Capitalized Subsequent to Acquisition - FF&E	958
Gross Amount Carried - Land and Improvements	1,806
Gross Amount Carried - Building and Improvements	5,781
Gross Amount Carried - FF&E	1,068
Total	8,655
Accumulated Depreciation	$ (2,315)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Columbia Columbia Parkway [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,785
Initial Cost - Building and Improvements	6,287
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	126
Cost Capitalized Subsequent to Acquisition - Building and Improvements	713
Cost Capitalized Subsequent to Acquisition - FF&E	941
Gross Amount Carried - Land and Improvements	1,911
Gross Amount Carried - Building and Improvements	7,000
Gross Amount Carried - FF&E	979
Total	9,890
Accumulated Depreciation	$ (2,790)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Columbia Columbia Corporate Park [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,056
Initial Cost - Building and Improvements	10,874
Initial Cost - FF&E	81
Cost Capitalized Subsequent to Acquisition - Land and Improvements	148
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,304
Cost Capitalized Subsequent to Acquisition - FF&E	1,447
Gross Amount Carried - Land and Improvements	3,204
Gross Amount Carried - Building and Improvements	12,178
Gross Amount Carried - FF&E	1,528
Total	16,910
Accumulated Depreciation	$ (4,821)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Columbia Gateway Drive [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,241
Initial Cost - Building and Improvements	5,038
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	949
Cost Capitalized Subsequent to Acquisition - FF&E	1,246
Gross Amount Carried - Land and Improvements	2,327
Gross Amount Carried - Building and Improvements	5,987
Gross Amount Carried - FF&E	1,288
Total	9,602
Accumulated Depreciation	$ (3,508)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Frederick Westview Dr [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,891
Initial Cost - Building and Improvements	5,522
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	73
Cost Capitalized Subsequent to Acquisition - Building and Improvements	539
Cost Capitalized Subsequent to Acquisition - FF&E	891
Gross Amount Carried - Land and Improvements	1,964
Gross Amount Carried - Building and Improvements	6,061
Gross Amount Carried - FF&E	932
Total	8,957
Accumulated Depreciation	$ (2,419)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Washington DC Gaithersburg North [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,088
Initial Cost - Building and Improvements	3,973
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	54
Cost Capitalized Subsequent to Acquisition - Building and Improvements	479
Cost Capitalized Subsequent to Acquisition - FF&E	884
Gross Amount Carried - Land and Improvements	2,142
Gross Amount Carried - Building and Improvements	4,452
Gross Amount Carried - FF&E	926
Total	7,520
Accumulated Depreciation	$ (1,941)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Washington DC Gaithersburg South [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,233
Initial Cost - Building and Improvements	4,128
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	106
Cost Capitalized Subsequent to Acquisition - Building and Improvements	663
Cost Capitalized Subsequent to Acquisition - FF&E	1,066
Gross Amount Carried - Land and Improvements	2,339
Gross Amount Carried - Building and Improvements	4,791
Gross Amount Carried - FF&E	1,125
Total	8,255
Accumulated Depreciation	$ (2,254)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	40 years
Washington DC Germantown Milestone [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,413
Initial Cost - Building and Improvements	4,673
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	138
Cost Capitalized Subsequent to Acquisition - Building and Improvements	515
Cost Capitalized Subsequent to Acquisition - FF&E	857
Gross Amount Carried - Land and Improvements	1,551
Gross Amount Carried - Building and Improvements	5,188
Gross Amount Carried - FF&E	901
Total	7,640
Accumulated Depreciation	$ (2,202)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Washington DC Germantown Town Center [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,541
Initial Cost - Building and Improvements	2,269
Initial Cost - FF&E	698
Cost Capitalized Subsequent to Acquisition - Land and Improvements	137
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,085
Cost Capitalized Subsequent to Acquisition - FF&E	821
Gross Amount Carried - Land and Improvements	5,678
Gross Amount Carried - Building and Improvements	3,354
Gross Amount Carried - FF&E	1,519
Total	10,551
Accumulated Depreciation	$ (3,347)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	19 years
Baltimore Glen Burnie [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,374
Initial Cost - Building and Improvements	9,428
Initial Cost - FF&E	132
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75
Cost Capitalized Subsequent to Acquisition - Building and Improvements	460
Cost Capitalized Subsequent to Acquisition - FF&E	974
Gross Amount Carried - Land and Improvements	2,449
Gross Amount Carried - Building and Improvements	9,888
Gross Amount Carried - FF&E	1,106
Total	13,443
Accumulated Depreciation	$ (3,323)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Columbia Laurel Ft Meade [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,505
Initial Cost - Building and Improvements	5,910
Initial Cost - FF&E	112
Cost Capitalized Subsequent to Acquisition - Land and Improvements	90
Cost Capitalized Subsequent to Acquisition - Building and Improvements	514
Cost Capitalized Subsequent to Acquisition - FF&E	1,019
Gross Amount Carried - Land and Improvements	1,595
Gross Amount Carried - Building and Improvements	6,424
Gross Amount Carried - FF&E	1,131
Total	9,150
Accumulated Depreciation	$ (2,652)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Washington DC Landover [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,119
Initial Cost - Building and Improvements	5,378
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	62
Cost Capitalized Subsequent to Acquisition - Building and Improvements	693
Cost Capitalized Subsequent to Acquisition - FF&E	1,052
Gross Amount Carried - Land and Improvements	3,181
Gross Amount Carried - Building and Improvements	6,071
Gross Amount Carried - FF&E	1,091
Total	10,343
Accumulated Depreciation	$ (2,655)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Lexington Park Pax River [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,206
Initial Cost - Building and Improvements	5,140
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	78
Cost Capitalized Subsequent to Acquisition - Building and Improvements	587
Cost Capitalized Subsequent to Acquisition - FF&E	986
Gross Amount Carried - Land and Improvements	1,284
Gross Amount Carried - Building and Improvements	5,727
Gross Amount Carried - FF&E	1,034
Total	8,045
Accumulated Depreciation	$ (2,467)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Baltimore BWI Airport International Dr [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,801
Initial Cost - Building and Improvements	5,663
Initial Cost - FF&E	1,003
Cost Capitalized Subsequent to Acquisition - Land and Improvements	299
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,138
Cost Capitalized Subsequent to Acquisition - FF&E	967
Gross Amount Carried - Land and Improvements	4,100
Gross Amount Carried - Building and Improvements	6,801
Gross Amount Carried - FF&E	1,970
Total	12,871
Accumulated Depreciation	$ (4,202)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	32 years
Baltimore BWl Airport Aero Dr [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,316
Initial Cost - Building and Improvements	8,515
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	631
Cost Capitalized Subsequent to Acquisition - FF&E	999
Gross Amount Carried - Land and Improvements	2,452
Gross Amount Carried - Building and Improvements	9,146
Gross Amount Carried - FF&E	1,042
Total	12,640
Accumulated Depreciation	$ (3,501)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Washington DC Rockville [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,800
Initial Cost - Building and Improvements	9,696
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	117
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,058
Cost Capitalized Subsequent to Acquisition - FF&E	1,457
Gross Amount Carried - Land and Improvements	5,917
Gross Amount Carried - Building and Improvements	10,754
Gross Amount Carried - FF&E	1,521
Total	18,192
Accumulated Depreciation	$ (4,269)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Baltimore Timonium [Member] | MARYLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,004
Initial Cost - Building and Improvements	6,358
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	124
Cost Capitalized Subsequent to Acquisition - Building and Improvements	615
Cost Capitalized Subsequent to Acquisition - FF&E	968
Gross Amount Carried - Land and Improvements	2,128
Gross Amount Carried - Building and Improvements	6,973
Gross Amount Carried - FF&E	1,007
Total	10,108
Accumulated Depreciation	$ (2,872)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Portland Scarborough [Member] | MAINE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 828
Initial Cost - Building and Improvements	4,601
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	121
Cost Capitalized Subsequent to Acquisition - Building and Improvements	630
Cost Capitalized Subsequent to Acquisition - FF&E	1,069
Gross Amount Carried - Land and Improvements	949
Gross Amount Carried - Building and Improvements	5,231
Gross Amount Carried - FF&E	1,121
Total	7,301
Accumulated Depreciation	$ (2,392)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Detroit Ann Arbor Briarwood Mall [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,416
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	190
Cost Capitalized Subsequent to Acquisition - Building and Improvements	703
Cost Capitalized Subsequent to Acquisition - FF&E	1,038
Gross Amount Carried - Land and Improvements	3,606
Gross Amount Carried - Building and Improvements	703
Gross Amount Carried - FF&E	1,079
Total	5,388
Accumulated Depreciation	$ (1,268)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Detroit Ann Arbor University South [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 955
Initial Cost - Building and Improvements	1,139
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	(150)
Cost Capitalized Subsequent to Acquisition - Building and Improvements	442
Cost Capitalized Subsequent to Acquisition - FF&E	1,037
Gross Amount Carried - Land and Improvements	805
Gross Amount Carried - Building and Improvements	1,581
Gross Amount Carried - FF&E	1,079
Total	3,465
Accumulated Depreciation	$ (1,405)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	41 years
Auburn Hills University Drive [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,363
Initial Cost - Building and Improvements	588
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	162
Cost Capitalized Subsequent to Acquisition - Building and Improvements	863
Cost Capitalized Subsequent to Acquisition - FF&E	1,337
Gross Amount Carried - Land and Improvements	1,525
Gross Amount Carried - Building and Improvements	1,451
Gross Amount Carried - FF&E	1,396
Total	4,372
Accumulated Depreciation	$ (1,831)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Detroit Auburn Hills Featherstone Rd [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,226
Initial Cost - Building and Improvements	3,584
Initial Cost - FF&E	75
Cost Capitalized Subsequent to Acquisition - Land and Improvements	262
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,103
Cost Capitalized Subsequent to Acquisition - FF&E	1,544
Gross Amount Carried - Land and Improvements	1,488
Gross Amount Carried - Building and Improvements	4,687
Gross Amount Carried - FF&E	1,619
Total	7,794
Accumulated Depreciation	$ (2,876)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	41 years
Detroit Auburn Hills I-75 [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,948
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	192
Cost Capitalized Subsequent to Acquisition - Building and Improvements	592
Cost Capitalized Subsequent to Acquisition - FF&E	1,124
Gross Amount Carried - Land and Improvements	2,140
Gross Amount Carried - Building and Improvements	592
Gross Amount Carried - FF&E	1,171
Total	3,903
Accumulated Depreciation	$ (1,544)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Detroit Canton [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,501
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	178
Cost Capitalized Subsequent to Acquisition - Building and Improvements	728
Cost Capitalized Subsequent to Acquisition - FF&E	1,021
Gross Amount Carried - Land and Improvements	1,679
Gross Amount Carried - Building and Improvements	728
Gross Amount Carried - FF&E	1,080
Total	3,487
Accumulated Depreciation	$ (1,395)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Detroit Dearborn [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,018
Initial Cost - Building and Improvements	2,051
Initial Cost - FF&E	77
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	803
Cost Capitalized Subsequent to Acquisition - FF&E	1,034
Gross Amount Carried - Land and Improvements	1,154
Gross Amount Carried - Building and Improvements	2,854
Gross Amount Carried - FF&E	1,111
Total	5,119
Accumulated Depreciation	$ (1,790)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Detroit Farmington Hills [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,084
Initial Cost - Building and Improvements	570
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	160
Cost Capitalized Subsequent to Acquisition - Building and Improvements	585
Cost Capitalized Subsequent to Acquisition - FF&E	985
Gross Amount Carried - Land and Improvements	1,244
Gross Amount Carried - Building and Improvements	1,155
Gross Amount Carried - FF&E	1,026
Total	3,425
Accumulated Depreciation	$ (1,211)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Grand Rapids Kentwood [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,297
Initial Cost - Building and Improvements	1,644
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	156
Cost Capitalized Subsequent to Acquisition - Building and Improvements	638
Cost Capitalized Subsequent to Acquisition - FF&E	1,060
Gross Amount Carried - Land and Improvements	1,453
Gross Amount Carried - Building and Improvements	2,282
Gross Amount Carried - FF&E	1,098
Total	4,833
Accumulated Depreciation	$ (1,540)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Detroit Madison Heights [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,787
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	108
Cost Capitalized Subsequent to Acquisition - Building and Improvements	769
Cost Capitalized Subsequent to Acquisition - FF&E	1,130
Gross Amount Carried - Land and Improvements	1,895
Gross Amount Carried - Building and Improvements	769
Gross Amount Carried - FF&E	1,173
Total	3,837
Accumulated Depreciation	$ (1,087)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Detroit Novi Haggerty Road [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,102
Initial Cost - Building and Improvements	1,620
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	148
Cost Capitalized Subsequent to Acquisition - Building and Improvements	684
Cost Capitalized Subsequent to Acquisition - FF&E	1,045
Gross Amount Carried - Land and Improvements	1,250
Gross Amount Carried - Building and Improvements	2,304
Gross Amount Carried - FF&E	1,089
Total	4,643
Accumulated Depreciation	$ (1,663)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Detroit Novi Orchard Hill Place [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,237
Initial Cost - Building and Improvements	421
Initial Cost - FF&E	78
Cost Capitalized Subsequent to Acquisition - Land and Improvements	131
Cost Capitalized Subsequent to Acquisition - Building and Improvements	579
Cost Capitalized Subsequent to Acquisition - FF&E	1,021
Gross Amount Carried - Land and Improvements	1,368
Gross Amount Carried - Building and Improvements	1,000
Gross Amount Carried - FF&E	1,099
Total	3,467
Accumulated Depreciation	$ (1,061)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	42 years
Detroit Metropolitan Airport [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,161
Initial Cost - Building and Improvements	2,462
Initial Cost - FF&E	83
Cost Capitalized Subsequent to Acquisition - Land and Improvements	159
Cost Capitalized Subsequent to Acquisition - Building and Improvements	552
Cost Capitalized Subsequent to Acquisition - FF&E	1,013
Gross Amount Carried - Land and Improvements	1,320
Gross Amount Carried - Building and Improvements	3,014
Gross Amount Carried - FF&E	1,096
Total	5,430
Accumulated Depreciation	$ (1,634)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Detroit Roseville [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,204
Initial Cost - Building and Improvements	2,742
Initial Cost - FF&E	71
Cost Capitalized Subsequent to Acquisition - Land and Improvements	132
Cost Capitalized Subsequent to Acquisition - Building and Improvements	711
Cost Capitalized Subsequent to Acquisition - FF&E	1,112
Gross Amount Carried - Land and Improvements	1,336
Gross Amount Carried - Building and Improvements	3,453
Gross Amount Carried - FF&E	1,183
Total	5,972
Accumulated Depreciation	$ (1,781)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Detroit Southfield I-696 [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,746
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	84
Cost Capitalized Subsequent to Acquisition - Land and Improvements	107
Cost Capitalized Subsequent to Acquisition - Building and Improvements	754
Cost Capitalized Subsequent to Acquisition - FF&E	1,164
Gross Amount Carried - Land and Improvements	1,853
Gross Amount Carried - Building and Improvements	754
Gross Amount Carried - FF&E	1,248
Total	3,855
Accumulated Depreciation	$ (1,444)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Detroit Southfield Northwestern Hwy [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,952
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	181
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,068
Cost Capitalized Subsequent to Acquisition - FF&E	1,392
Gross Amount Carried - Land and Improvements	2,133
Gross Amount Carried - Building and Improvements	1,068
Gross Amount Carried - FF&E	1,450
Total	4,651
Accumulated Depreciation	$ (1,648)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Detroit Sterling Heights [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 998
Initial Cost - Building and Improvements	1,550
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	150
Cost Capitalized Subsequent to Acquisition - Building and Improvements	893
Cost Capitalized Subsequent to Acquisition - FF&E	1,122
Gross Amount Carried - Land and Improvements	1,148
Gross Amount Carried - Building and Improvements	2,443
Gross Amount Carried - FF&E	1,164
Total	4,755
Accumulated Depreciation	$ (1,788)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Detroit Warren [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,448
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	37
Cost Capitalized Subsequent to Acquisition - Land and Improvements	141
Cost Capitalized Subsequent to Acquisition - Building and Improvements	734
Cost Capitalized Subsequent to Acquisition - FF&E	868
Gross Amount Carried - Land and Improvements	1,589
Gross Amount Carried - Building and Improvements	734
Gross Amount Carried - FF&E	905
Total	3,228
Accumulated Depreciation	$ (796)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Minneapolis Bloomington [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,440
Initial Cost - Building and Improvements	3,092
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	122
Cost Capitalized Subsequent to Acquisition - Building and Improvements	609
Cost Capitalized Subsequent to Acquisition - FF&E	989
Gross Amount Carried - Land and Improvements	1,562
Gross Amount Carried - Building and Improvements	3,701
Gross Amount Carried - FF&E	1,028
Total	6,291
Accumulated Depreciation	$ (2,009)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Minneapolis Brooklyn Center [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,367
Initial Cost - Building and Improvements	2,491
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	143
Cost Capitalized Subsequent to Acquisition - Building and Improvements	793
Cost Capitalized Subsequent to Acquisition - FF&E	1,213
Gross Amount Carried - Land and Improvements	1,510
Gross Amount Carried - Building and Improvements	3,284
Gross Amount Carried - FF&E	1,251
Total	6,045
Accumulated Depreciation	$ (1,868)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Minneapolis Airport Eagan South [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,517
Initial Cost - Building and Improvements	2,133
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	107
Cost Capitalized Subsequent to Acquisition - Building and Improvements	617
Cost Capitalized Subsequent to Acquisition - FF&E	1,019
Gross Amount Carried - Land and Improvements	1,624
Gross Amount Carried - Building and Improvements	2,750
Gross Amount Carried - FF&E	1,070
Total	5,444
Accumulated Depreciation	$ (1,704)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Minneapolis Airport Eagan North [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,888
Initial Cost - Building and Improvements	2,331
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	151
Cost Capitalized Subsequent to Acquisition - Building and Improvements	932
Cost Capitalized Subsequent to Acquisition - FF&E	1,411
Gross Amount Carried - Land and Improvements	2,039
Gross Amount Carried - Building and Improvements	3,263
Gross Amount Carried - FF&E	1,471
Total	6,773
Accumulated Depreciation	$ (2,248)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Minneapolis Eden Prairie Technology Drive [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,199
Initial Cost - Building and Improvements	2,289
Initial Cost - FF&E	36
Cost Capitalized Subsequent to Acquisition - Land and Improvements	142
Cost Capitalized Subsequent to Acquisition - Building and Improvements	694
Cost Capitalized Subsequent to Acquisition - FF&E	1,190
Gross Amount Carried - Land and Improvements	1,341
Gross Amount Carried - Building and Improvements	2,983
Gross Amount Carried - FF&E	1,226
Total	5,550
Accumulated Depreciation	$ (1,813)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Minneapolis Eden Prairie Valley View Road [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,614
Initial Cost - Building and Improvements	3,658
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	102
Cost Capitalized Subsequent to Acquisition - Building and Improvements	725
Cost Capitalized Subsequent to Acquisition - FF&E	1,047
Gross Amount Carried - Land and Improvements	1,716
Gross Amount Carried - Building and Improvements	4,383
Gross Amount Carried - FF&E	1,086
Total	7,185
Accumulated Depreciation	$ (2,008)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Minneapolis Maple Grove [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,543
Initial Cost - Building and Improvements	560
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	109
Cost Capitalized Subsequent to Acquisition - Building and Improvements	681
Cost Capitalized Subsequent to Acquisition - FF&E	1,058
Gross Amount Carried - Land and Improvements	2,652
Gross Amount Carried - Building and Improvements	1,241
Gross Amount Carried - FF&E	1,096
Total	4,989
Accumulated Depreciation	$ (1,251)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Rochester North [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,146
Initial Cost - Building and Improvements	1,797
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	83
Cost Capitalized Subsequent to Acquisition - Building and Improvements	676
Cost Capitalized Subsequent to Acquisition - FF&E	883
Gross Amount Carried - Land and Improvements	1,229
Gross Amount Carried - Building and Improvements	2,473
Gross Amount Carried - FF&E	931
Total	4,633
Accumulated Depreciation	$ (1,596)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Rochester South [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,119
Initial Cost - Building and Improvements	1,439
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	97
Cost Capitalized Subsequent to Acquisition - Building and Improvements	621
Cost Capitalized Subsequent to Acquisition - FF&E	863
Gross Amount Carried - Land and Improvements	1,216
Gross Amount Carried - Building and Improvements	2,060
Gross Amount Carried - FF&E	913
Total	4,189
Accumulated Depreciation	$ (1,475)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Minneapolis Woodbury [Member] | MINNESOTA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,805
Initial Cost - Building and Improvements	2,559
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	80
Cost Capitalized Subsequent to Acquisition - Building and Improvements	559
Cost Capitalized Subsequent to Acquisition - FF&E	1,053
Gross Amount Carried - Land and Improvements	1,885
Gross Amount Carried - Building and Improvements	3,118
Gross Amount Carried - FF&E	1,096
Total	6,099
Accumulated Depreciation	$ (1,768)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
St Louis Airport Central [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,743
Initial Cost - Building and Improvements	1,010
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	112
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,010
Cost Capitalized Subsequent to Acquisition - FF&E	1,744
Gross Amount Carried - Land and Improvements	1,855
Gross Amount Carried - Building and Improvements	2,020
Gross Amount Carried - FF&E	1,801
Total	5,676
Accumulated Depreciation	$ (1,770)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Columbia Stadium Blvd [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 734
Initial Cost - Building and Improvements	2,511
Initial Cost - FF&E	91
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	537
Cost Capitalized Subsequent to Acquisition - FF&E	869
Gross Amount Carried - Land and Improvements	830
Gross Amount Carried - Building and Improvements	3,048
Gross Amount Carried - FF&E	960
Total	4,838
Accumulated Depreciation	$ (1,700)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
St Louis Earth City [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,394
Initial Cost - Building and Improvements	721
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	111
Cost Capitalized Subsequent to Acquisition - Building and Improvements	722
Cost Capitalized Subsequent to Acquisition - FF&E	1,057
Gross Amount Carried - Land and Improvements	1,505
Gross Amount Carried - Building and Improvements	1,443
Gross Amount Carried - FF&E	1,091
Total	4,039
Accumulated Depreciation	$ (1,373)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
St Louis Westport Central [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 829
Initial Cost - Building and Improvements	2,112
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	68
Cost Capitalized Subsequent to Acquisition - Building and Improvements	677
Cost Capitalized Subsequent to Acquisition - FF&E	1,082
Gross Amount Carried - Land and Improvements	897
Gross Amount Carried - Building and Improvements	2,789
Gross Amount Carried - FF&E	1,130
Total	4,816
Accumulated Depreciation	$ (1,860)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
St Louis Westport East Lackland Rd [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,334
Initial Cost - Building and Improvements	2,692
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	288
Cost Capitalized Subsequent to Acquisition - Building and Improvements	862
Cost Capitalized Subsequent to Acquisition - FF&E	1,226
Gross Amount Carried - Land and Improvements	1,622
Gross Amount Carried - Building and Improvements	3,554
Gross Amount Carried - FF&E	1,279
Total	6,455
Accumulated Depreciation	$ (2,128)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Springfield South [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 777
Initial Cost - Building and Improvements	3,170
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	95
Cost Capitalized Subsequent to Acquisition - Building and Improvements	720
Cost Capitalized Subsequent to Acquisition - FF&E	971
Gross Amount Carried - Land and Improvements	872
Gross Amount Carried - Building and Improvements	3,890
Gross Amount Carried - FF&E	1,011
Total	5,773
Accumulated Depreciation	$ (1,910)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
St Louis Westport Craig Road [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 982
Initial Cost - Building and Improvements	220
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	158
Cost Capitalized Subsequent to Acquisition - Building and Improvements	600
Cost Capitalized Subsequent to Acquisition - FF&E	1,038
Gross Amount Carried - Land and Improvements	1,140
Gross Amount Carried - Building and Improvements	820
Gross Amount Carried - FF&E	1,071
Total	3,031
Accumulated Depreciation	$ (1,090)
Date Acquired	Oct. 8, 2010
Date of Construction	1994
Depreciable Lives	24 years
St Louis St Peters [Member] | MISSOURI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,165
Initial Cost - Building and Improvements	3,797
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	93
Cost Capitalized Subsequent to Acquisition - Building and Improvements	877
Cost Capitalized Subsequent to Acquisition - FF&E	1,090
Gross Amount Carried - Land and Improvements	1,258
Gross Amount Carried - Building and Improvements	4,674
Gross Amount Carried - FF&E	1,134
Total	7,066
Accumulated Depreciation	$ (1,996)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Jackson East Beasley Road [Member] | MISSISSIPPI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 265
Initial Cost - Building and Improvements	3,884
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	88
Cost Capitalized Subsequent to Acquisition - Building and Improvements	779
Cost Capitalized Subsequent to Acquisition - FF&E	1,213
Gross Amount Carried - Land and Improvements	353
Gross Amount Carried - Building and Improvements	4,663
Gross Amount Carried - FF&E	1,262
Total	6,278
Accumulated Depreciation	$ (2,225)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Jackson North [Member] | MISSISSIPPI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 256
Initial Cost - Building and Improvements	3,381
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	141
Cost Capitalized Subsequent to Acquisition - Building and Improvements	730
Cost Capitalized Subsequent to Acquisition - FF&E	1,031
Gross Amount Carried - Land and Improvements	397
Gross Amount Carried - Building and Improvements	4,111
Gross Amount Carried - FF&E	1,071
Total	5,579
Accumulated Depreciation	$ (2,148)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Jackson Ridgeland [Member] | MISSISSIPPI
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 345
Initial Cost - Building and Improvements	3,103
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	125
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,201
Cost Capitalized Subsequent to Acquisition - FF&E	963
Gross Amount Carried - Land and Improvements	470
Gross Amount Carried - Building and Improvements	4,304
Gross Amount Carried - FF&E	996
Total	5,770
Accumulated Depreciation	$ (2,221)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Billings West End [Member] | MONTANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 936
Initial Cost - Building and Improvements	3,915
Initial Cost - FF&E	97
Cost Capitalized Subsequent to Acquisition - Land and Improvements	119
Cost Capitalized Subsequent to Acquisition - Building and Improvements	564
Cost Capitalized Subsequent to Acquisition - FF&E	873
Gross Amount Carried - Land and Improvements	1,055
Gross Amount Carried - Building and Improvements	4,479
Gross Amount Carried - FF&E	970
Total	6,504
Accumulated Depreciation	$ (2,017)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Great Falls Missouri River [Member] | MONTANA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 834
Initial Cost - Building and Improvements	5,105
Initial Cost - FF&E	70
Cost Capitalized Subsequent to Acquisition - Land and Improvements	71
Cost Capitalized Subsequent to Acquisition - Building and Improvements	635
Cost Capitalized Subsequent to Acquisition - FF&E	991
Gross Amount Carried - Land and Improvements	905
Gross Amount Carried - Building and Improvements	5,740
Gross Amount Carried - FF&E	1,061
Total	7,706
Accumulated Depreciation	$ (2,308)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Asheville Tunnel Rd [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,216
Initial Cost - Building and Improvements	2,559
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	55
Cost Capitalized Subsequent to Acquisition - Building and Improvements	488
Cost Capitalized Subsequent to Acquisition - FF&E	1,008
Gross Amount Carried - Land and Improvements	2,271
Gross Amount Carried - Building and Improvements	3,047
Gross Amount Carried - FF&E	1,046
Total	6,364
Accumulated Depreciation	$ (1,738)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Raleigh Cary Harrison Ave [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 791
Initial Cost - Building and Improvements	1,353
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	74
Cost Capitalized Subsequent to Acquisition - Building and Improvements	404
Cost Capitalized Subsequent to Acquisition - FF&E	954
Gross Amount Carried - Land and Improvements	865
Gross Amount Carried - Building and Improvements	1,757
Gross Amount Carried - FF&E	987
Total	3,609
Accumulated Depreciation	$ (1,526)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Raleigh Cary Regency Parkway North [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 903
Initial Cost - Building and Improvements	4,357
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	43
Cost Capitalized Subsequent to Acquisition - Building and Improvements	511
Cost Capitalized Subsequent to Acquisition - FF&E	1,156
Gross Amount Carried - Land and Improvements	946
Gross Amount Carried - Building and Improvements	4,868
Gross Amount Carried - FF&E	1,200
Total	7,014
Accumulated Depreciation	$ (2,311)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Raleigh Cary Regency Parkway South [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,018
Initial Cost - Building and Improvements	4,505
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	117
Cost Capitalized Subsequent to Acquisition - Building and Improvements	584
Cost Capitalized Subsequent to Acquisition - FF&E	1,071
Gross Amount Carried - Land and Improvements	1,135
Gross Amount Carried - Building and Improvements	5,089
Gross Amount Carried - FF&E	1,124
Total	7,348
Accumulated Depreciation	$ (2,246)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	43 years
Charlotte Airport [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,982
Initial Cost - Building and Improvements	636
Initial Cost - FF&E	67
Cost Capitalized Subsequent to Acquisition - Land and Improvements	171
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,413
Cost Capitalized Subsequent to Acquisition - FF&E	1,993
Gross Amount Carried - Land and Improvements	2,153
Gross Amount Carried - Building and Improvements	2,049
Gross Amount Carried - FF&E	2,060
Total	6,262
Accumulated Depreciation	$ (1,450)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Charlotte Pineville Park Rd [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,111
Initial Cost - Building and Improvements	3,250
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,124
Cost Capitalized Subsequent to Acquisition - FF&E	1,620
Gross Amount Carried - Land and Improvements	1,229
Gross Amount Carried - Building and Improvements	4,374
Gross Amount Carried - FF&E	1,680
Total	7,283
Accumulated Depreciation	$ (1,738)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Charlotte Pineville Pineville Matthews Rd [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,859
Initial Cost - Building and Improvements	3,965
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	218
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,573
Cost Capitalized Subsequent to Acquisition - FF&E	1,817
Gross Amount Carried - Land and Improvements	2,077
Gross Amount Carried - Building and Improvements	5,538
Gross Amount Carried - FF&E	1,869
Total	9,484
Accumulated Depreciation	$ (1,764)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	43 years
Charlotte Tyvola Rd [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,563
Initial Cost - Building and Improvements	727
Initial Cost - FF&E	54
Cost Capitalized Subsequent to Acquisition - Land and Improvements	70
Cost Capitalized Subsequent to Acquisition - Building and Improvements	861
Cost Capitalized Subsequent to Acquisition - FF&E	1,402
Gross Amount Carried - Land and Improvements	1,633
Gross Amount Carried - Building and Improvements	1,588
Gross Amount Carried - FF&E	1,456
Total	4,677
Accumulated Depreciation	$ (963)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Charlotte Tyvola Rd Executive Park [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,232
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	19
Cost Capitalized Subsequent to Acquisition - Land and Improvements	102
Cost Capitalized Subsequent to Acquisition - Building and Improvements	994
Cost Capitalized Subsequent to Acquisition - FF&E	1,127
Gross Amount Carried - Land and Improvements	1,334
Gross Amount Carried - Building and Improvements	994
Gross Amount Carried - FF&E	1,146
Total	3,474
Accumulated Depreciation	$ (1,042)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Charlotte University Place [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,208
Initial Cost - Building and Improvements	2,903
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	(24)
Cost Capitalized Subsequent to Acquisition - Building and Improvements	987
Cost Capitalized Subsequent to Acquisition - FF&E	1,674
Gross Amount Carried - Land and Improvements	1,184
Gross Amount Carried - Building and Improvements	3,890
Gross Amount Carried - FF&E	1,718
Total	6,792
Accumulated Depreciation	$ (1,512)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Charlotte University Place E McCullough Dr [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,045
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	35
Cost Capitalized Subsequent to Acquisition - Land and Improvements	90
Cost Capitalized Subsequent to Acquisition - Building and Improvements	719
Cost Capitalized Subsequent to Acquisition - FF&E	1,323
Gross Amount Carried - Land and Improvements	1,135
Gross Amount Carried - Building and Improvements	719
Gross Amount Carried - FF&E	1,358
Total	3,212
Accumulated Depreciation	$ (746)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Durham Research Triangle Park Hwy 55 [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 603
Initial Cost - Building and Improvements	1,556
Initial Cost - FF&E	292
Cost Capitalized Subsequent to Acquisition - Land and Improvements	182
Cost Capitalized Subsequent to Acquisition - Building and Improvements	839
Cost Capitalized Subsequent to Acquisition - FF&E	931
Gross Amount Carried - Land and Improvements	785
Gross Amount Carried - Building and Improvements	2,395
Gross Amount Carried - FF&E	1,223
Total	4,403
Accumulated Depreciation	$ (2,004)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	19 years
Durham Research Triangle Park Hwy 54 [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 63
Initial Cost - Building and Improvements	984
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	867
Cost Capitalized Subsequent to Acquisition - Building and Improvements	590
Cost Capitalized Subsequent to Acquisition - FF&E	1,049
Gross Amount Carried - Land and Improvements	930
Gross Amount Carried - Building and Improvements	1,574
Gross Amount Carried - FF&E	1,082
Total	3,586
Accumulated Depreciation	$ (2,192)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Durham Rtp Miami Blvd North [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,215
Initial Cost - Building and Improvements	2,397
Initial Cost - FF&E	54
Cost Capitalized Subsequent to Acquisition - Land and Improvements	73
Cost Capitalized Subsequent to Acquisition - Building and Improvements	598
Cost Capitalized Subsequent to Acquisition - FF&E	1,025
Gross Amount Carried - Land and Improvements	1,288
Gross Amount Carried - Building and Improvements	2,995
Gross Amount Carried - FF&E	1,079
Total	5,362
Accumulated Depreciation	$ (1,721)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Durham RTP Miami Blvd South [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,405
Initial Cost - Building and Improvements	2,370
Initial Cost - FF&E	107
Cost Capitalized Subsequent to Acquisition - Land and Improvements	114
Cost Capitalized Subsequent to Acquisition - Building and Improvements	900
Cost Capitalized Subsequent to Acquisition - FF&E	1,633
Gross Amount Carried - Land and Improvements	1,519
Gross Amount Carried - Building and Improvements	3,270
Gross Amount Carried - FF&E	1,740
Total	6,529
Accumulated Depreciation	$ (2,331)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	42 years
Durham University [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,208
Initial Cost - Building and Improvements	3,006
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	134
Cost Capitalized Subsequent to Acquisition - Building and Improvements	603
Cost Capitalized Subsequent to Acquisition - FF&E	1,154
Gross Amount Carried - Land and Improvements	1,342
Gross Amount Carried - Building and Improvements	3,609
Gross Amount Carried - FF&E	1,197
Total	6,148
Accumulated Depreciation	$ (2,074)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	33 years
Durham University Ivy Creek Blvd [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,684
Initial Cost - Building and Improvements	3,947
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	93
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,087
Cost Capitalized Subsequent to Acquisition - FF&E	1,315
Gross Amount Carried - Land and Improvements	1,777
Gross Amount Carried - Building and Improvements	5,034
Gross Amount Carried - FF&E	1,372
Total	8,183
Accumulated Depreciation	$ (2,323)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Fayetteville Cross Creek Mall [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,725
Initial Cost - Building and Improvements	9,586
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	455
Cost Capitalized Subsequent to Acquisition - FF&E	1,013
Gross Amount Carried - Land and Improvements	3,817
Gross Amount Carried - Building and Improvements	10,041
Gross Amount Carried - FF&E	1,069
Total	14,927
Accumulated Depreciation	$ (3,710)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Fayetteville Owen Dr [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,253
Initial Cost - Building and Improvements	7,164
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	81
Cost Capitalized Subsequent to Acquisition - Building and Improvements	804
Cost Capitalized Subsequent to Acquisition - FF&E	1,029
Gross Amount Carried - Land and Improvements	4,334
Gross Amount Carried - Building and Improvements	7,968
Gross Amount Carried - FF&E	1,072
Total	13,374
Accumulated Depreciation	$ (3,539)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Greensboro Airport [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,017
Initial Cost - Building and Improvements	1,618
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	628
Cost Capitalized Subsequent to Acquisition - FF&E	932
Gross Amount Carried - Land and Improvements	1,103
Gross Amount Carried - Building and Improvements	2,246
Gross Amount Carried - FF&E	988
Total	4,337
Accumulated Depreciation	$ (1,291)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	42 years
Greensboro Wendover Ave [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,047
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	121
Cost Capitalized Subsequent to Acquisition - Building and Improvements	590
Cost Capitalized Subsequent to Acquisition - FF&E	955
Gross Amount Carried - Land and Improvements	1,168
Gross Amount Carried - Building and Improvements	590
Gross Amount Carried - FF&E	988
Total	2,746
Accumulated Depreciation	$ (905)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Greensboro Wendover Ave Big Tree Way [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,220
Initial Cost - Building and Improvements	1,866
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	158
Cost Capitalized Subsequent to Acquisition - Building and Improvements	850
Cost Capitalized Subsequent to Acquisition - FF&E	1,189
Gross Amount Carried - Land and Improvements	1,378
Gross Amount Carried - Building and Improvements	2,716
Gross Amount Carried - FF&E	1,235
Total	5,329
Accumulated Depreciation	$ (1,881)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Jacksonville Camp Lejeune [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,815
Initial Cost - Building and Improvements	10,609
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	110
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,279
Cost Capitalized Subsequent to Acquisition - FF&E	943
Gross Amount Carried - Land and Improvements	4,925
Gross Amount Carried - Building and Improvements	11,888
Gross Amount Carried - FF&E	981
Total	17,794
Accumulated Depreciation	$ (3,821)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Raleigh RDU Airport [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 833
Initial Cost - Building and Improvements	3,939
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	739
Cost Capitalized Subsequent to Acquisition - FF&E	1,116
Gross Amount Carried - Land and Improvements	899
Gross Amount Carried - Building and Improvements	4,678
Gross Amount Carried - FF&E	1,159
Total	6,736
Accumulated Depreciation	$ (2,420)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Raleigh Crabtree Valley [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,276
Initial Cost - Building and Improvements	2,350
Initial Cost - FF&E	493
Cost Capitalized Subsequent to Acquisition - Land and Improvements	116
Cost Capitalized Subsequent to Acquisition - Building and Improvements	822
Cost Capitalized Subsequent to Acquisition - FF&E	1,006
Gross Amount Carried - Land and Improvements	1,392
Gross Amount Carried - Building and Improvements	3,172
Gross Amount Carried - FF&E	1,499
Total	6,063
Accumulated Depreciation	$ (2,646)
Date Acquired	Dec. 13, 2012
Date of Construction	1998
Depreciable Lives	20 years
Raleigh North Raleigh Wake Towne Dr. [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 634
Initial Cost - Building and Improvements	1,414
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	557
Cost Capitalized Subsequent to Acquisition - FF&E	948
Gross Amount Carried - Land and Improvements	730
Gross Amount Carried - Building and Improvements	1,971
Gross Amount Carried - FF&E	982
Total	3,683
Accumulated Depreciation	$ (1,611)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Raleigh North Raleigh [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,120
Initial Cost - Building and Improvements	4,043
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	87
Cost Capitalized Subsequent to Acquisition - Building and Improvements	458
Cost Capitalized Subsequent to Acquisition - FF&E	821
Gross Amount Carried - Land and Improvements	1,207
Gross Amount Carried - Building and Improvements	4,501
Gross Amount Carried - FF&E	859
Total	6,567
Accumulated Depreciation	$ (1,982)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Raleigh North Raleigh Wake Forest Road [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 956
Initial Cost - Building and Improvements	2,771
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	114
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,628
Cost Capitalized Subsequent to Acquisition - FF&E	1,314
Gross Amount Carried - Land and Improvements	1,070
Gross Amount Carried - Building and Improvements	4,399
Gross Amount Carried - FF&E	1,357
Total	6,826
Accumulated Depreciation	$ (2,306)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Raleigh Northeast [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,219
Initial Cost - Building and Improvements	2,471
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	91
Cost Capitalized Subsequent to Acquisition - Building and Improvements	536
Cost Capitalized Subsequent to Acquisition - FF&E	1,244
Gross Amount Carried - Land and Improvements	1,310
Gross Amount Carried - Building and Improvements	3,007
Gross Amount Carried - FF&E	1,284
Total	5,601
Accumulated Depreciation	$ (1,837)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	38 years
Wilmington New Centre Drive [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 713
Initial Cost - Building and Improvements	3,123
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	64
Cost Capitalized Subsequent to Acquisition - Building and Improvements	841
Cost Capitalized Subsequent to Acquisition - FF&E	1,221
Gross Amount Carried - Land and Improvements	777
Gross Amount Carried - Building and Improvements	3,964
Gross Amount Carried - FF&E	1,260
Total	6,001
Accumulated Depreciation	$ (1,780)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	44 years
Winston Salem Hanes Mall Blvd [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 776
Initial Cost - Building and Improvements	2,573
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	97
Cost Capitalized Subsequent to Acquisition - Building and Improvements	854
Cost Capitalized Subsequent to Acquisition - FF&E	1,072
Gross Amount Carried - Land and Improvements	873
Gross Amount Carried - Building and Improvements	3,427
Gross Amount Carried - FF&E	1,112
Total	5,412
Accumulated Depreciation	$ (1,729)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	32 years
Nashua Manchester [Member] | NEW HAMPSHIRE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,526
Initial Cost - Building and Improvements	1,771
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	74
Cost Capitalized Subsequent to Acquisition - Building and Improvements	621
Cost Capitalized Subsequent to Acquisition - FF&E	1,033
Gross Amount Carried - Land and Improvements	2,600
Gross Amount Carried - Building and Improvements	2,392
Gross Amount Carried - FF&E	1,091
Total	6,083
Accumulated Depreciation	$ (1,692)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Mt Olive Budd Lake [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 835
Initial Cost - Building and Improvements	3,898
Initial Cost - FF&E	103
Cost Capitalized Subsequent to Acquisition - Land and Improvements	129
Cost Capitalized Subsequent to Acquisition - Building and Improvements	667
Cost Capitalized Subsequent to Acquisition - FF&E	977
Gross Amount Carried - Land and Improvements	964
Gross Amount Carried - Building and Improvements	4,565
Gross Amount Carried - FF&E	1,080
Total	6,609
Accumulated Depreciation	$ (2,319)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Philadelphia Cherry Hill [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 337
Initial Cost - Building and Improvements	2,660
Initial Cost - FF&E	32
Cost Capitalized Subsequent to Acquisition - Land and Improvements	88
Cost Capitalized Subsequent to Acquisition - Building and Improvements	583
Cost Capitalized Subsequent to Acquisition - FF&E	922
Gross Amount Carried - Land and Improvements	425
Gross Amount Carried - Building and Improvements	3,243
Gross Amount Carried - FF&E	954
Total	4,622
Accumulated Depreciation	$ (1,763)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Meadowlands East Rutherford [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 957
Initial Cost - Building and Improvements	6,141
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	228
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,414
Cost Capitalized Subsequent to Acquisition - FF&E	1,921
Gross Amount Carried - Land and Improvements	1,185
Gross Amount Carried - Building and Improvements	7,555
Gross Amount Carried - FF&E	1,982
Total	10,722
Accumulated Depreciation	$ (3,663)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Edison Raritan Center [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,363
Initial Cost - Building and Improvements	8,976
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	159
Cost Capitalized Subsequent to Acquisition - Building and Improvements	822
Cost Capitalized Subsequent to Acquisition - FF&E	1,341
Gross Amount Carried - Land and Improvements	1,522
Gross Amount Carried - Building and Improvements	9,798
Gross Amount Carried - FF&E	1,389
Total	12,709
Accumulated Depreciation	$ (4,000)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Elizabeth Newark Airport [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 202
Initial Cost - Building and Improvements	11,175
Initial Cost - FF&E	119
Cost Capitalized Subsequent to Acquisition - Land and Improvements	3,277
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,063
Cost Capitalized Subsequent to Acquisition - FF&E	1,381
Gross Amount Carried - Land and Improvements	3,479
Gross Amount Carried - Building and Improvements	12,238
Gross Amount Carried - FF&E	1,500
Total	17,217
Accumulated Depreciation	$ (6,822)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Somerset Franklin [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 761
Initial Cost - Building and Improvements	4,096
Initial Cost - FF&E	63
Cost Capitalized Subsequent to Acquisition - Land and Improvements	57
Cost Capitalized Subsequent to Acquisition - Building and Improvements	615
Cost Capitalized Subsequent to Acquisition - FF&E	925
Gross Amount Carried - Land and Improvements	818
Gross Amount Carried - Building and Improvements	4,711
Gross Amount Carried - FF&E	988
Total	6,517
Accumulated Depreciation	$ (2,106)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Philadelphia Mt Laurel Pacilli Place [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 455
Initial Cost - Building and Improvements	4,318
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	65
Cost Capitalized Subsequent to Acquisition - Building and Improvements	526
Cost Capitalized Subsequent to Acquisition - FF&E	1,045
Gross Amount Carried - Land and Improvements	520
Gross Amount Carried - Building and Improvements	4,844
Gross Amount Carried - FF&E	1,103
Total	6,467
Accumulated Depreciation	$ (2,225)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Philadelphia Mt Laurel Crawford Place [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 313
Initial Cost - Building and Improvements	2,632
Initial Cost - FF&E	31
Cost Capitalized Subsequent to Acquisition - Land and Improvements	54
Cost Capitalized Subsequent to Acquisition - Building and Improvements	592
Cost Capitalized Subsequent to Acquisition - FF&E	857
Gross Amount Carried - Land and Improvements	367
Gross Amount Carried - Building and Improvements	3,224
Gross Amount Carried - FF&E	888
Total	4,479
Accumulated Depreciation	$ (1,743)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Piscataway Rutgers University [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 907
Initial Cost - Building and Improvements	6,348
Initial Cost - FF&E	62
Cost Capitalized Subsequent to Acquisition - Land and Improvements	228
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,580
Cost Capitalized Subsequent to Acquisition - FF&E	1,366
Gross Amount Carried - Land and Improvements	1,135
Gross Amount Carried - Building and Improvements	7,928
Gross Amount Carried - FF&E	1,428
Total	10,491
Accumulated Depreciation	$ (3,304)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Princeton West Windsor [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,758
Initial Cost - Building and Improvements	2,042
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	143
Cost Capitalized Subsequent to Acquisition - Building and Improvements	591
Cost Capitalized Subsequent to Acquisition - FF&E	967
Gross Amount Carried - Land and Improvements	3,901
Gross Amount Carried - Building and Improvements	2,633
Gross Amount Carried - FF&E	1,012
Total	7,546
Accumulated Depreciation	$ (1,719)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Ramsey Upper Saddle River [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 704
Initial Cost - Building and Improvements	5,013
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	101
Cost Capitalized Subsequent to Acquisition - Building and Improvements	648
Cost Capitalized Subsequent to Acquisition - FF&E	1,011
Gross Amount Carried - Land and Improvements	805
Gross Amount Carried - Building and Improvements	5,661
Gross Amount Carried - FF&E	1,075
Total	7,541
Accumulated Depreciation	$ (2,454)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Red Bank Middletown [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,846
Initial Cost - Building and Improvements	2,652
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	106
Cost Capitalized Subsequent to Acquisition - Building and Improvements	802
Cost Capitalized Subsequent to Acquisition - FF&E	1,185
Gross Amount Carried - Land and Improvements	2,952
Gross Amount Carried - Building and Improvements	3,454
Gross Amount Carried - FF&E	1,237
Total	7,643
Accumulated Depreciation	$ (2,160)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Meadowlands Rutherford [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,972
Initial Cost - Building and Improvements	4,661
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	996
Cost Capitalized Subsequent to Acquisition - FF&E	1,413
Gross Amount Carried - Land and Improvements	2,057
Gross Amount Carried - Building and Improvements	5,657
Gross Amount Carried - FF&E	1,462
Total	9,176
Accumulated Depreciation	$ (2,716)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Princeton South Brunswick [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 761
Initial Cost - Building and Improvements	3,728
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	129
Cost Capitalized Subsequent to Acquisition - Building and Improvements	704
Cost Capitalized Subsequent to Acquisition - FF&E	1,146
Gross Amount Carried - Land and Improvements	890
Gross Amount Carried - Building and Improvements	4,432
Gross Amount Carried - FF&E	1,196
Total	6,518
Accumulated Depreciation	$ (2,348)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Secaucus Meadowlands [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,644
Initial Cost - Building and Improvements	13,946
Initial Cost - FF&E	122
Cost Capitalized Subsequent to Acquisition - Land and Improvements	135
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,180
Cost Capitalized Subsequent to Acquisition - FF&E	1,595
Gross Amount Carried - Land and Improvements	1,779
Gross Amount Carried - Building and Improvements	15,126
Gross Amount Carried - FF&E	1,717
Total	18,622
Accumulated Depreciation	$ (4,956)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Secaucus New York City Area [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 307
Initial Cost - Building and Improvements	20,368
Initial Cost - FF&E	73
Cost Capitalized Subsequent to Acquisition - Land and Improvements	133
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,561
Cost Capitalized Subsequent to Acquisition - FF&E	2,437
Gross Amount Carried - Land and Improvements	440
Gross Amount Carried - Building and Improvements	21,929
Gross Amount Carried - FF&E	2,510
Total	24,879
Accumulated Depreciation	$ (17,788)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Hanover Parsippany [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,549
Initial Cost - Building and Improvements	6,181
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	112
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,136
Cost Capitalized Subsequent to Acquisition - FF&E	1,811
Gross Amount Carried - Land and Improvements	3,661
Gross Amount Carried - Building and Improvements	7,317
Gross Amount Carried - FF&E	1,871
Total	12,849
Accumulated Depreciation	$ (3,354)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Newark Woodbridge [Member] | NEW JERSEY
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,814
Initial Cost - Building and Improvements	9,316
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	223
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,433
Cost Capitalized Subsequent to Acquisition - FF&E	1,613
Gross Amount Carried - Land and Improvements	2,037
Gross Amount Carried - Building and Improvements	10,749
Gross Amount Carried - FF&E	1,674
Total	14,460
Accumulated Depreciation	$ (4,590)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Las Vegas East Flamingo [Member] | NEVADA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,914
Initial Cost - Building and Improvements	3,649
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	163
Cost Capitalized Subsequent to Acquisition - Building and Improvements	714
Cost Capitalized Subsequent to Acquisition - FF&E	1,502
Gross Amount Carried - Land and Improvements	2,077
Gross Amount Carried - Building and Improvements	4,363
Gross Amount Carried - FF&E	1,558
Total	7,998
Accumulated Depreciation	$ (2,492)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Las Vegas Midtown [Member] | NEVADA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,782
Initial Cost - Building and Improvements	3,495
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	98
Cost Capitalized Subsequent to Acquisition - Building and Improvements	687
Cost Capitalized Subsequent to Acquisition - FF&E	1,289
Gross Amount Carried - Land and Improvements	1,880
Gross Amount Carried - Building and Improvements	4,182
Gross Amount Carried - FF&E	1,334
Total	7,396
Accumulated Depreciation	$ (2,215)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Las Vegas Valley View [Member] | NEVADA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,230
Initial Cost - Building and Improvements	7,604
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	196
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,763
Cost Capitalized Subsequent to Acquisition - FF&E	1,982
Gross Amount Carried - Land and Improvements	2,426
Gross Amount Carried - Building and Improvements	9,367
Gross Amount Carried - FF&E	2,046
Total	13,839
Accumulated Depreciation	$ (4,010)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Depreciable Lives	32 years
Reno South Meadows [Member] | NEVADA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,771
Initial Cost - Building and Improvements	4,821
Initial Cost - FF&E	84
Cost Capitalized Subsequent to Acquisition - Land and Improvements	88
Cost Capitalized Subsequent to Acquisition - Building and Improvements	435
Cost Capitalized Subsequent to Acquisition - FF&E	920
Gross Amount Carried - Land and Improvements	1,859
Gross Amount Carried - Building and Improvements	5,256
Gross Amount Carried - FF&E	1,004
Total	8,119
Accumulated Depreciation	$ (2,061)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Albany SUNY [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,246
Initial Cost - Building and Improvements	6,462
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	199
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,372
Cost Capitalized Subsequent to Acquisition - FF&E	1,413
Gross Amount Carried - Land and Improvements	1,445
Gross Amount Carried - Building and Improvements	7,834
Gross Amount Carried - FF&E	1,460
Total	10,739
Accumulated Depreciation	$ (3,462)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Buffalo Amherst [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 665
Initial Cost - Building and Improvements	5,464
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	91
Cost Capitalized Subsequent to Acquisition - Building and Improvements	700
Cost Capitalized Subsequent to Acquisition - FF&E	1,159
Gross Amount Carried - Land and Improvements	756
Gross Amount Carried - Building and Improvements	6,164
Gross Amount Carried - FF&E	1,202
Total	8,122
Accumulated Depreciation	$ (2,762)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Long Island Bethpage [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,024
Initial Cost - Building and Improvements	7,727
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	211
Cost Capitalized Subsequent to Acquisition - Building and Improvements	823
Cost Capitalized Subsequent to Acquisition - FF&E	1,370
Gross Amount Carried - Land and Improvements	4,235
Gross Amount Carried - Building and Improvements	8,550
Gross Amount Carried - FF&E	1,414
Total	14,199
Accumulated Depreciation	$ (3,391)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Syracuse Dewitt [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 669
Initial Cost - Building and Improvements	4,692
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	235
Cost Capitalized Subsequent to Acquisition - Building and Improvements	731
Cost Capitalized Subsequent to Acquisition - FF&E	1,155
Gross Amount Carried - Land and Improvements	904
Gross Amount Carried - Building and Improvements	5,423
Gross Amount Carried - FF&E	1,198
Total	7,525
Accumulated Depreciation	$ (2,736)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
White Plains Elmsford [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,124
Initial Cost - Building and Improvements	12,986
Initial Cost - FF&E	74
Cost Capitalized Subsequent to Acquisition - Land and Improvements	429
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,071
Cost Capitalized Subsequent to Acquisition - FF&E	1,649
Gross Amount Carried - Land and Improvements	1,553
Gross Amount Carried - Building and Improvements	15,057
Gross Amount Carried - FF&E	1,723
Total	18,333
Accumulated Depreciation	$ (5,650)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Fishkill Route 9 [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,616
Initial Cost - Building and Improvements	6,316
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	51
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,008
Cost Capitalized Subsequent to Acquisition - FF&E	1,212
Gross Amount Carried - Land and Improvements	1,667
Gross Amount Carried - Building and Improvements	7,324
Gross Amount Carried - FF&E	1,259
Total	10,250
Accumulated Depreciation	$ (2,855)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Fishkill Westage Center [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 946
Initial Cost - Building and Improvements	5,653
Initial Cost - FF&E	111
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	565
Cost Capitalized Subsequent to Acquisition - FF&E	1,037
Gross Amount Carried - Land and Improvements	1,038
Gross Amount Carried - Building and Improvements	6,218
Gross Amount Carried - FF&E	1,148
Total	8,404
Accumulated Depreciation	$ (2,537)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Long Island Melville [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 7,498
Initial Cost - Building and Improvements	10,315
Initial Cost - FF&E	73
Cost Capitalized Subsequent to Acquisition - Land and Improvements	94
Cost Capitalized Subsequent to Acquisition - Building and Improvements	883
Cost Capitalized Subsequent to Acquisition - FF&E	1,324
Gross Amount Carried - Land and Improvements	7,592
Gross Amount Carried - Building and Improvements	11,198
Gross Amount Carried - FF&E	1,397
Total	20,187
Accumulated Depreciation	$ (4,170)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Rochester Greece [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,005
Initial Cost - Building and Improvements	4,662
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	975
Cost Capitalized Subsequent to Acquisition - FF&E	1,166
Gross Amount Carried - Land and Improvements	1,101
Gross Amount Carried - Building and Improvements	5,637
Gross Amount Carried - FF&E	1,211
Total	7,949
Accumulated Depreciation	$ (2,697)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Rochester Henrietta [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,061
Initial Cost - Building and Improvements	7,451
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	81
Cost Capitalized Subsequent to Acquisition - Building and Improvements	896
Cost Capitalized Subsequent to Acquisition - FF&E	1,144
Gross Amount Carried - Land and Improvements	1,142
Gross Amount Carried - Building and Improvements	8,347
Gross Amount Carried - FF&E	1,189
Total	10,678
Accumulated Depreciation	$ (3,205)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
New York City LaGuardia Airport [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 8,634
Initial Cost - Building and Improvements	14,468
Initial Cost - FF&E	84
Cost Capitalized Subsequent to Acquisition - Land and Improvements	167
Cost Capitalized Subsequent to Acquisition - Building and Improvements	988
Cost Capitalized Subsequent to Acquisition - FF&E	1,794
Gross Amount Carried - Land and Improvements	8,801
Gross Amount Carried - Building and Improvements	15,456
Gross Amount Carried - FF&E	1,878
Total	26,135
Accumulated Depreciation	$ (5,294)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Columbus East [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,036
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	29
Cost Capitalized Subsequent to Acquisition - Land and Improvements	211
Cost Capitalized Subsequent to Acquisition - Building and Improvements	602
Cost Capitalized Subsequent to Acquisition - FF&E	951
Gross Amount Carried - Land and Improvements	1,247
Gross Amount Carried - Building and Improvements	602
Gross Amount Carried - FF&E	980
Total	2,829
Accumulated Depreciation	$ (962)
Date Acquired	Oct. 8, 2010
Date of Construction	1989
Columbus Easton [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,185
Initial Cost - Building and Improvements	4,416
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	164
Cost Capitalized Subsequent to Acquisition - Building and Improvements	843
Cost Capitalized Subsequent to Acquisition - FF&E	941
Gross Amount Carried - Land and Improvements	1,349
Gross Amount Carried - Building and Improvements	5,259
Gross Amount Carried - FF&E	991
Total	7,599
Accumulated Depreciation	$ (2,346)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Columbus North [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 824
Initial Cost - Building and Improvements	1,251
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	226
Cost Capitalized Subsequent to Acquisition - Building and Improvements	768
Cost Capitalized Subsequent to Acquisition - FF&E	1,154
Gross Amount Carried - Land and Improvements	1,050
Gross Amount Carried - Building and Improvements	2,019
Gross Amount Carried - FF&E	1,197
Total	4,266
Accumulated Depreciation	$ (1,434)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Columbus Polaris [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,431
Initial Cost - Building and Improvements	5,351
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	220
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,068
Cost Capitalized Subsequent to Acquisition - FF&E	1,421
Gross Amount Carried - Land and Improvements	1,651
Gross Amount Carried - Building and Improvements	6,419
Gross Amount Carried - FF&E	1,482
Total	9,552
Accumulated Depreciation	$ (3,119)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Columbus Worthington [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 781
Initial Cost - Building and Improvements	1,115
Initial Cost - FF&E	36
Cost Capitalized Subsequent to Acquisition - Land and Improvements	105
Cost Capitalized Subsequent to Acquisition - Building and Improvements	699
Cost Capitalized Subsequent to Acquisition - FF&E	961
Gross Amount Carried - Land and Improvements	886
Gross Amount Carried - Building and Improvements	1,814
Gross Amount Carried - FF&E	997
Total	3,697
Accumulated Depreciation	$ (1,246)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Columbus Dublin [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,329
Initial Cost - Building and Improvements	1,294
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	166
Cost Capitalized Subsequent to Acquisition - Building and Improvements	576
Cost Capitalized Subsequent to Acquisition - FF&E	963
Gross Amount Carried - Land and Improvements	1,495
Gross Amount Carried - Building and Improvements	1,870
Gross Amount Carried - FF&E	1,001
Total	4,366
Accumulated Depreciation	$ (1,550)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Columbus Sawmill Rd [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 577
Initial Cost - Building and Improvements	460
Initial Cost - FF&E	28
Cost Capitalized Subsequent to Acquisition - Land and Improvements	366
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,088
Cost Capitalized Subsequent to Acquisition - FF&E	882
Gross Amount Carried - Land and Improvements	943
Gross Amount Carried - Building and Improvements	1,548
Gross Amount Carried - FF&E	910
Total	3,401
Accumulated Depreciation	$ (1,076)
Date Acquired	Oct. 8, 2010
Date of Construction	1990
Depreciable Lives	30 years
Columbus Tuttle [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 863
Initial Cost - Building and Improvements	3,396
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	135
Cost Capitalized Subsequent to Acquisition - Building and Improvements	763
Cost Capitalized Subsequent to Acquisition - FF&E	931
Gross Amount Carried - Land and Improvements	998
Gross Amount Carried - Building and Improvements	4,159
Gross Amount Carried - FF&E	981
Total	6,138
Accumulated Depreciation	$ (1,891)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Cincinnati Fairfield [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 459
Initial Cost - Building and Improvements	1,293
Initial Cost - FF&E	28
Cost Capitalized Subsequent to Acquisition - Land and Improvements	173
Cost Capitalized Subsequent to Acquisition - Building and Improvements	657
Cost Capitalized Subsequent to Acquisition - FF&E	954
Gross Amount Carried - Land and Improvements	632
Gross Amount Carried - Building and Improvements	1,950
Gross Amount Carried - FF&E	982
Total	3,564
Accumulated Depreciation	$ (1,392)
Date Acquired	Oct. 8, 2010
Date of Construction	1989
Depreciable Lives	29 years
Findlay Tiffin Avenue [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 671
Initial Cost - Building and Improvements	2,596
Initial Cost - FF&E	77
Cost Capitalized Subsequent to Acquisition - Land and Improvements	155
Cost Capitalized Subsequent to Acquisition - Building and Improvements	546
Cost Capitalized Subsequent to Acquisition - FF&E	924
Gross Amount Carried - Land and Improvements	826
Gross Amount Carried - Building and Improvements	3,142
Gross Amount Carried - FF&E	1,001
Total	4,969
Accumulated Depreciation	$ (1,520)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	43 years
Toledo Holland [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,002
Initial Cost - Building and Improvements	2,986
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	868
Cost Capitalized Subsequent to Acquisition - FF&E	1,075
Gross Amount Carried - Land and Improvements	1,087
Gross Amount Carried - Building and Improvements	3,854
Gross Amount Carried - FF&E	1,120
Total	6,061
Accumulated Depreciation	$ (1,836)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Toledo Maumee [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 912
Initial Cost - Building and Improvements	740
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	470
Cost Capitalized Subsequent to Acquisition - FF&E	891
Gross Amount Carried - Land and Improvements	1,008
Gross Amount Carried - Building and Improvements	1,210
Gross Amount Carried - FF&E	925
Total	3,143
Accumulated Depreciation	$ (1,030)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Cleveland Beachwood Orange Place North [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,288
Initial Cost - Building and Improvements	2,514
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	933
Cost Capitalized Subsequent to Acquisition - FF&E	1,385
Gross Amount Carried - Land and Improvements	1,424
Gross Amount Carried - Building and Improvements	3,447
Gross Amount Carried - FF&E	1,444
Total	6,315
Accumulated Depreciation	$ (2,134)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Cincinnati Springdale I-275 [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 852
Initial Cost - Building and Improvements	1,843
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,124
Cost Capitalized Subsequent to Acquisition - FF&E	1,089
Gross Amount Carried - Land and Improvements	938
Gross Amount Carried - Building and Improvements	2,967
Gross Amount Carried - FF&E	1,134
Total	5,039
Accumulated Depreciation	$ (1,626)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Portland Beaverton [Member] | OREGON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,210
Initial Cost - Building and Improvements	4,410
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	133
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,150
Cost Capitalized Subsequent to Acquisition - FF&E	1,475
Gross Amount Carried - Land and Improvements	3,343
Gross Amount Carried - Building and Improvements	5,560
Gross Amount Carried - FF&E	1,525
Total	10,428
Accumulated Depreciation	$ (3,045)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Portland Beaverton Eider Court [Member] | OREGON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,856
Initial Cost - Building and Improvements	5,825
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	94
Cost Capitalized Subsequent to Acquisition - Building and Improvements	725
Cost Capitalized Subsequent to Acquisition - FF&E	1,106
Gross Amount Carried - Land and Improvements	1,950
Gross Amount Carried - Building and Improvements	6,550
Gross Amount Carried - FF&E	1,150
Total	9,650
Accumulated Depreciation	$ (2,731)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Portland Hillsboro [Member] | OREGON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,174
Initial Cost - Building and Improvements	8,101
Initial Cost - FF&E	63
Cost Capitalized Subsequent to Acquisition - Land and Improvements	118
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,281
Cost Capitalized Subsequent to Acquisition - FF&E	1,438
Gross Amount Carried - Land and Improvements	4,292
Gross Amount Carried - Building and Improvements	9,382
Gross Amount Carried - FF&E	1,501
Total	15,175
Accumulated Depreciation	$ (3,864)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Portland Gresham [Member] | OREGON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,009
Initial Cost - Building and Improvements	2,822
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	229
Cost Capitalized Subsequent to Acquisition - Building and Improvements	674
Cost Capitalized Subsequent to Acquisition - FF&E	1,201
Gross Amount Carried - Land and Improvements	2,238
Gross Amount Carried - Building and Improvements	3,496
Gross Amount Carried - FF&E	1,239
Total	6,973
Accumulated Depreciation	$ (1,964)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Portland Tigard [Member] | OREGON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,425
Initial Cost - Building and Improvements	4,456
Initial Cost - FF&E	48
Cost Capitalized Subsequent to Acquisition - Land and Improvements	119
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,010
Cost Capitalized Subsequent to Acquisition - FF&E	1,493
Gross Amount Carried - Land and Improvements	3,544
Gross Amount Carried - Building and Improvements	6,466
Gross Amount Carried - FF&E	1,541
Total	11,551
Accumulated Depreciation	$ (3,159)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Philadelphia Bensalem [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,408
Initial Cost - Building and Improvements	6,689
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	100
Cost Capitalized Subsequent to Acquisition - Building and Improvements	828
Cost Capitalized Subsequent to Acquisition - FF&E	925
Gross Amount Carried - Land and Improvements	1,508
Gross Amount Carried - Building and Improvements	7,517
Gross Amount Carried - FF&E	963
Total	9,988
Accumulated Depreciation	$ (2,885)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Allentown Bethlehem [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,054
Initial Cost - Building and Improvements	3,922
Initial Cost - FF&E	96
Cost Capitalized Subsequent to Acquisition - Land and Improvements	28
Cost Capitalized Subsequent to Acquisition - Building and Improvements	638
Cost Capitalized Subsequent to Acquisition - FF&E	1,003
Gross Amount Carried - Land and Improvements	1,082
Gross Amount Carried - Building and Improvements	4,560
Gross Amount Carried - FF&E	1,099
Total	6,741
Accumulated Depreciation	$ (2,185)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Pittsburgh Carnegie [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 697
Initial Cost - Building and Improvements	6,689
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	108
Cost Capitalized Subsequent to Acquisition - Building and Improvements	794
Cost Capitalized Subsequent to Acquisition - FF&E	963
Gross Amount Carried - Land and Improvements	805
Gross Amount Carried - Building and Improvements	7,483
Gross Amount Carried - FF&E	1,004
Total	9,292
Accumulated Depreciation	$ (2,978)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Philadelphia Exton [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,343
Initial Cost - Building and Improvements	2,198
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	158
Cost Capitalized Subsequent to Acquisition - Building and Improvements	858
Cost Capitalized Subsequent to Acquisition - FF&E	948
Gross Amount Carried - Land and Improvements	2,501
Gross Amount Carried - Building and Improvements	3,056
Gross Amount Carried - FF&E	992
Total	6,549
Accumulated Depreciation	$ (1,856)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Philadelphia Horsham Dresher Rd [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,691
Initial Cost - Building and Improvements	5,111
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	113
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,142
Cost Capitalized Subsequent to Acquisition - FF&E	1,363
Gross Amount Carried - Land and Improvements	1,804
Gross Amount Carried - Building and Improvements	6,253
Gross Amount Carried - FF&E	1,412
Total	9,469
Accumulated Depreciation	$ (3,115)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Philadelphia Horsham Welsh Rd [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,815
Initial Cost - Building and Improvements	2,708
Initial Cost - FF&E	68
Cost Capitalized Subsequent to Acquisition - Land and Improvements	90
Cost Capitalized Subsequent to Acquisition - Building and Improvements	860
Cost Capitalized Subsequent to Acquisition - FF&E	1,121
Gross Amount Carried - Land and Improvements	1,905
Gross Amount Carried - Building and Improvements	3,568
Gross Amount Carried - FF&E	1,189
Total	6,662
Accumulated Depreciation	$ (2,159)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Philadelphia King of Prussia [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,871
Initial Cost - Building and Improvements	7,293
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	189
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,167
Cost Capitalized Subsequent to Acquisition - FF&E	1,602
Gross Amount Carried - Land and Improvements	3,060
Gross Amount Carried - Building and Improvements	8,460
Gross Amount Carried - FF&E	1,660
Total	13,180
Accumulated Depreciation	$ (3,679)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Philadelphia Malvern Great Valley [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,772
Initial Cost - Building and Improvements	2,699
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	89
Cost Capitalized Subsequent to Acquisition - Building and Improvements	746
Cost Capitalized Subsequent to Acquisition - FF&E	892
Gross Amount Carried - Land and Improvements	1,861
Gross Amount Carried - Building and Improvements	3,445
Gross Amount Carried - FF&E	936
Total	6,242
Accumulated Depreciation	$ (1,950)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Philadelphia Malvern Swedesford Rd [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 78
Initial Cost - Building and Improvements	4,384
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	87
Cost Capitalized Subsequent to Acquisition - Building and Improvements	911
Cost Capitalized Subsequent to Acquisition - FF&E	944
Gross Amount Carried - Land and Improvements	165
Gross Amount Carried - Building and Improvements	5,295
Gross Amount Carried - FF&E	984
Total	6,444
Accumulated Depreciation	$ (3,387)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Pittsburgh Monroeville [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,731
Initial Cost - Building and Improvements	10,487
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	116
Cost Capitalized Subsequent to Acquisition - Building and Improvements	661
Cost Capitalized Subsequent to Acquisition - FF&E	913
Gross Amount Carried - Land and Improvements	1,847
Gross Amount Carried - Building and Improvements	11,148
Gross Amount Carried - FF&E	955
Total	13,950
Accumulated Depreciation	$ (3,835)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Philadelphia Airport Bartram Ave [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,654
Initial Cost - Building and Improvements	7,808
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	267
Cost Capitalized Subsequent to Acquisition - Building and Improvements	674
Cost Capitalized Subsequent to Acquisition - FF&E	1,225
Gross Amount Carried - Land and Improvements	1,921
Gross Amount Carried - Building and Improvements	8,482
Gross Amount Carried - FF&E	1,277
Total	11,680
Accumulated Depreciation	$ (3,365)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Philadelphia Airport Tinicum Blvd [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,610
Initial Cost - Building and Improvements	9,057
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	181
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,106
Cost Capitalized Subsequent to Acquisition - FF&E	1,854
Gross Amount Carried - Land and Improvements	1,791
Gross Amount Carried - Building and Improvements	10,163
Gross Amount Carried - FF&E	1,911
Total	13,865
Accumulated Depreciation	$ (4,255)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Pittsburgh Airport [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 806
Initial Cost - Building and Improvements	6,583
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	109
Cost Capitalized Subsequent to Acquisition - Building and Improvements	725
Cost Capitalized Subsequent to Acquisition - FF&E	1,162
Gross Amount Carried - Land and Improvements	915
Gross Amount Carried - Building and Improvements	7,308
Gross Amount Carried - FF&E	1,215
Total	9,438
Accumulated Depreciation	$ (2,946)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Wilkes Barre Hwy 315 [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 852
Initial Cost - Building and Improvements	3,670
Initial Cost - FF&E	108
Cost Capitalized Subsequent to Acquisition - Land and Improvements	156
Cost Capitalized Subsequent to Acquisition - Building and Improvements	559
Cost Capitalized Subsequent to Acquisition - FF&E	730
Gross Amount Carried - Land and Improvements	1,008
Gross Amount Carried - Building and Improvements	4,229
Gross Amount Carried - FF&E	838
Total	6,075
Accumulated Depreciation	$ (1,818)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Philadelphia Plymouth Meeting [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,111
Initial Cost - Building and Improvements	7,505
Initial Cost - FF&E	120
Cost Capitalized Subsequent to Acquisition - Land and Improvements	45
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,119
Cost Capitalized Subsequent to Acquisition - FF&E	1,436
Gross Amount Carried - Land and Improvements	1,156
Gross Amount Carried - Building and Improvements	9,624
Gross Amount Carried - FF&E	1,556
Total	12,336
Accumulated Depreciation	$ (3,770)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Pittsburgh West Mifflin [Member] | PENNSYLVANIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 885
Initial Cost - Building and Improvements	7,893
Initial Cost - FF&E	95
Cost Capitalized Subsequent to Acquisition - Land and Improvements	282
Cost Capitalized Subsequent to Acquisition - Building and Improvements	549
Cost Capitalized Subsequent to Acquisition - FF&E	798
Gross Amount Carried - Land and Improvements	1,167
Gross Amount Carried - Building and Improvements	8,442
Gross Amount Carried - FF&E	893
Total	10,502
Accumulated Depreciation	$ (2,933)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Providence East Providence [Member] | RHODE ISLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,632
Initial Cost - Building and Improvements	6,713
Initial Cost - FF&E	70
Cost Capitalized Subsequent to Acquisition - Land and Improvements	106
Cost Capitalized Subsequent to Acquisition - Building and Improvements	3,002
Cost Capitalized Subsequent to Acquisition - FF&E	1,614
Gross Amount Carried - Land and Improvements	1,738
Gross Amount Carried - Building and Improvements	9,715
Gross Amount Carried - FF&E	1,684
Total	13,137
Accumulated Depreciation	$ (2,447)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Providence Airport [Member] | RHODE ISLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,104
Initial Cost - Building and Improvements	2,403
Initial Cost - FF&E	116
Cost Capitalized Subsequent to Acquisition - Land and Improvements	91
Cost Capitalized Subsequent to Acquisition - Building and Improvements	986
Cost Capitalized Subsequent to Acquisition - FF&E	1,142
Gross Amount Carried - Land and Improvements	1,195
Gross Amount Carried - Building and Improvements	3,389
Gross Amount Carried - FF&E	1,258
Total	5,842
Accumulated Depreciation	$ (2,020)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	44 years
Providence Warwick [Member] | RHODE ISLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,563
Initial Cost - Building and Improvements	4,097
Initial Cost - FF&E	69
Cost Capitalized Subsequent to Acquisition - Land and Improvements	168
Cost Capitalized Subsequent to Acquisition - Building and Improvements	523
Cost Capitalized Subsequent to Acquisition - FF&E	977
Gross Amount Carried - Land and Improvements	1,731
Gross Amount Carried - Building and Improvements	4,620
Gross Amount Carried - FF&E	1,046
Total	7,397
Accumulated Depreciation	$ (2,126)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Providence West Warwick [Member] | RHODE ISLAND
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,245
Initial Cost - Building and Improvements	5,104
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	650
Cost Capitalized Subsequent to Acquisition - FF&E	934
Gross Amount Carried - Land and Improvements	1,330
Gross Amount Carried - Building and Improvements	5,754
Gross Amount Carried - FF&E	1,000
Total	8,084
Accumulated Depreciation	$ (2,293)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Columbia Ft Jackson [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,397
Initial Cost - Building and Improvements	4,865
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	737
Cost Capitalized Subsequent to Acquisition - FF&E	1,114
Gross Amount Carried - Land and Improvements	1,483
Gross Amount Carried - Building and Improvements	5,602
Gross Amount Carried - FF&E	1,158
Total	8,243
Accumulated Depreciation	$ (2,629)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Columbia West Interstate 126 [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 896
Initial Cost - Building and Improvements	2,918
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	96
Cost Capitalized Subsequent to Acquisition - Building and Improvements	818
Cost Capitalized Subsequent to Acquisition - FF&E	1,144
Gross Amount Carried - Land and Improvements	992
Gross Amount Carried - Building and Improvements	3,736
Gross Amount Carried - FF&E	1,187
Total	5,915
Accumulated Depreciation	$ (2,141)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Columbia West Stoneridge Dr [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 554
Initial Cost - Building and Improvements	1,437
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	119
Cost Capitalized Subsequent to Acquisition - Building and Improvements	554
Cost Capitalized Subsequent to Acquisition - FF&E	930
Gross Amount Carried - Land and Improvements	673
Gross Amount Carried - Building and Improvements	1,991
Gross Amount Carried - FF&E	963
Total	3,627
Accumulated Depreciation	$ (1,356)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Depreciable Lives	25 years
Greenville Airport [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 727
Initial Cost - Building and Improvements	3,464
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	40
Cost Capitalized Subsequent to Acquisition - Building and Improvements	526
Cost Capitalized Subsequent to Acquisition - FF&E	1,376
Gross Amount Carried - Land and Improvements	767
Gross Amount Carried - Building and Improvements	3,990
Gross Amount Carried - FF&E	1,416
Total	6,173
Accumulated Depreciation	$ (2,004)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	36 years
Greenville Haywood Mall [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 672
Initial Cost - Building and Improvements	1,082
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	100
Cost Capitalized Subsequent to Acquisition - Building and Improvements	479
Cost Capitalized Subsequent to Acquisition - FF&E	1,050
Gross Amount Carried - Land and Improvements	772
Gross Amount Carried - Building and Improvements	1,561
Gross Amount Carried - FF&E	1,083
Total	3,416
Accumulated Depreciation	$ (1,400)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Depreciable Lives	25 years
Greenville - Woodruff Road [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,023
Initial Cost - Building and Improvements	9,105
Initial Cost - FF&E	1,265
Cost Capitalized Subsequent to Acquisition - Land and Improvements	73
Cost Capitalized Subsequent to Acquisition - Building and Improvements	290
Cost Capitalized Subsequent to Acquisition - FF&E	(129)
Gross Amount Carried - Land and Improvements	2,018
Gross Amount Carried - Building and Improvements	9,248
Gross Amount Carried - FF&E	1,361
Total	12,627
Accumulated Depreciation	$ (541)
Date Acquired	Sep. 14, 2018
Date of Construction	2018
Depreciable Lives	40 years
Columbia Northwest Harbison [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 816
Initial Cost - Building and Improvements	3,607
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	111
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,000
Cost Capitalized Subsequent to Acquisition - FF&E	1,430
Gross Amount Carried - Land and Improvements	927
Gross Amount Carried - Building and Improvements	4,607
Gross Amount Carried - FF&E	1,489
Total	7,023
Accumulated Depreciation	$ (2,374)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	44 years
Charleston Mt Pleasant [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,713
Initial Cost - Building and Improvements	5,571
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	91
Cost Capitalized Subsequent to Acquisition - Building and Improvements	842
Cost Capitalized Subsequent to Acquisition - FF&E	1,133
Gross Amount Carried - Land and Improvements	1,804
Gross Amount Carried - Building and Improvements	6,413
Gross Amount Carried - FF&E	1,172
Total	9,389
Accumulated Depreciation	$ (2,804)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Charleston Northwoods Blvd [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 563
Initial Cost - Building and Improvements	2,087
Initial Cost - FF&E	35
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	607
Cost Capitalized Subsequent to Acquisition - FF&E	1,021
Gross Amount Carried - Land and Improvements	648
Gross Amount Carried - Building and Improvements	2,694
Gross Amount Carried - FF&E	1,056
Total	4,398
Accumulated Depreciation	$ (1,944)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Charleston Airport [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,580
Initial Cost - Building and Improvements	5,652
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	110
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,801
Cost Capitalized Subsequent to Acquisition - FF&E	1,383
Gross Amount Carried - Land and Improvements	1,690
Gross Amount Carried - Building and Improvements	7,453
Gross Amount Carried - FF&E	1,432
Total	10,575
Accumulated Depreciation	$ (3,028)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Charleston North Charleston [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,124
Initial Cost - Building and Improvements	4,483
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	126
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,432
Cost Capitalized Subsequent to Acquisition - FF&E	1,255
Gross Amount Carried - Land and Improvements	1,250
Gross Amount Carried - Building and Improvements	5,915
Gross Amount Carried - FF&E	1,301
Total	8,466
Accumulated Depreciation	$ (3,105)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Rock Hill [Member] | SOUTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,397
Initial Cost - Building and Improvements	10,488
Initial Cost - FF&E	1,115
Cost Capitalized Subsequent to Acquisition - Land and Improvements	(5)
Cost Capitalized Subsequent to Acquisition - Building and Improvements	143
Cost Capitalized Subsequent to Acquisition - FF&E	96
Gross Amount Carried - Land and Improvements	1,470
Gross Amount Carried - Building and Improvements	10,778
Gross Amount Carried - FF&E	986
Total	13,234
Accumulated Depreciation	$ (761)
Date Acquired	May 30, 2018
Date of Construction	2018
Depreciable Lives	39 years
Nashville Brentwood [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 668
Initial Cost - Building and Improvements	1,588
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	274
Cost Capitalized Subsequent to Acquisition - Building and Improvements	746
Cost Capitalized Subsequent to Acquisition - FF&E	824
Gross Amount Carried - Land and Improvements	942
Gross Amount Carried - Building and Improvements	2,334
Gross Amount Carried - FF&E	857
Total	4,133
Accumulated Depreciation	$ (1,802)
Date Acquired	Oct. 8, 2010
Date of Construction	1990
Depreciable Lives	20 years
Nashville Brentwood South [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,271
Initial Cost - Building and Improvements	3,746
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	109
Cost Capitalized Subsequent to Acquisition - Building and Improvements	747
Cost Capitalized Subsequent to Acquisition - FF&E	1,158
Gross Amount Carried - Land and Improvements	1,380
Gross Amount Carried - Building and Improvements	4,493
Gross Amount Carried - FF&E	1,202
Total	7,075
Accumulated Depreciation	$ (2,532)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Chattanooga Airport [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,045
Initial Cost - Building and Improvements	3,840
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	72
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,191
Cost Capitalized Subsequent to Acquisition - FF&E	1,133
Gross Amount Carried - Land and Improvements	1,117
Gross Amount Carried - Building and Improvements	5,031
Gross Amount Carried - FF&E	1,177
Total	7,325
Accumulated Depreciation	$ (2,287)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Nashville Franklin Cool Springs [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,898
Initial Cost - Building and Improvements	3,263
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	207
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,174
Cost Capitalized Subsequent to Acquisition - FF&E	1,351
Gross Amount Carried - Land and Improvements	2,105
Gross Amount Carried - Building and Improvements	4,437
Gross Amount Carried - FF&E	1,397
Total	7,939
Accumulated Depreciation	$ (2,550)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Knoxville Cedar Bluff [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 768
Initial Cost - Building and Improvements	3,224
Initial Cost - FF&E	36
Cost Capitalized Subsequent to Acquisition - Land and Improvements	59
Cost Capitalized Subsequent to Acquisition - Building and Improvements	746
Cost Capitalized Subsequent to Acquisition - FF&E	893
Gross Amount Carried - Land and Improvements	827
Gross Amount Carried - Building and Improvements	3,970
Gross Amount Carried - FF&E	929
Total	5,726
Accumulated Depreciation	$ (1,923)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Knoxville West Hills [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 570
Initial Cost - Building and Improvements	1,826
Initial Cost - FF&E	29
Cost Capitalized Subsequent to Acquisition - Land and Improvements	54
Cost Capitalized Subsequent to Acquisition - Building and Improvements	535
Cost Capitalized Subsequent to Acquisition - FF&E	927
Gross Amount Carried - Land and Improvements	624
Gross Amount Carried - Building and Improvements	2,361
Gross Amount Carried - FF&E	956
Total	3,941
Accumulated Depreciation	$ (1,483)
Date Acquired	Oct. 8, 2010
Date of Construction	1990
Depreciable Lives	30 years
Memphis Airport [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 329
Initial Cost - Building and Improvements	1,900
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	60
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,008
Cost Capitalized Subsequent to Acquisition - FF&E	1,291
Gross Amount Carried - Land and Improvements	389
Gross Amount Carried - Building and Improvements	2,908
Gross Amount Carried - FF&E	1,357
Total	4,654
Accumulated Depreciation	$ (2,011)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Memphis Apple Tree [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,052
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	29
Cost Capitalized Subsequent to Acquisition - Land and Improvements	97
Cost Capitalized Subsequent to Acquisition - Building and Improvements	897
Cost Capitalized Subsequent to Acquisition - FF&E	1,004
Gross Amount Carried - Land and Improvements	1,149
Gross Amount Carried - Building and Improvements	897
Gross Amount Carried - FF&E	1,033
Total	3,079
Accumulated Depreciation	$ (1,145)
Date Acquired	Oct. 8, 2010
Date of Construction	1990
Memphis Cordova [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 736
Initial Cost - Building and Improvements	1,937
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	57
Cost Capitalized Subsequent to Acquisition - Building and Improvements	803
Cost Capitalized Subsequent to Acquisition - FF&E	1,081
Gross Amount Carried - Land and Improvements	793
Gross Amount Carried - Building and Improvements	2,740
Gross Amount Carried - FF&E	1,115
Total	4,648
Accumulated Depreciation	$ (1,783)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	26 years
Memphis Mt Moriah [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 827
Initial Cost - Building and Improvements	1,670
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	163
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,247
Cost Capitalized Subsequent to Acquisition - FF&E	1,230
Gross Amount Carried - Land and Improvements	990
Gross Amount Carried - Building and Improvements	2,917
Gross Amount Carried - FF&E	1,275
Total	5,182
Accumulated Depreciation	$ (1,775)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Memphis Germantown [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,445
Initial Cost - Building and Improvements	4,416
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	113
Cost Capitalized Subsequent to Acquisition - Building and Improvements	751
Cost Capitalized Subsequent to Acquisition - FF&E	1,355
Gross Amount Carried - Land and Improvements	1,558
Gross Amount Carried - Building and Improvements	5,167
Gross Amount Carried - FF&E	1,415
Total	8,140
Accumulated Depreciation	$ (2,720)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Memphis Germantown West [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 849
Initial Cost - Building and Improvements	3,071
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	643
Cost Capitalized Subsequent to Acquisition - FF&E	1,058
Gross Amount Carried - Land and Improvements	915
Gross Amount Carried - Building and Improvements	3,714
Gross Amount Carried - FF&E	1,100
Total	5,729
Accumulated Depreciation	$ (2,007)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Memphis Wolfchase Galleria [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,137
Initial Cost - Building and Improvements	5,177
Initial Cost - FF&E	75
Cost Capitalized Subsequent to Acquisition - Land and Improvements	101
Cost Capitalized Subsequent to Acquisition - Building and Improvements	713
Cost Capitalized Subsequent to Acquisition - FF&E	1,420
Gross Amount Carried - Land and Improvements	1,238
Gross Amount Carried - Building and Improvements	5,890
Gross Amount Carried - FF&E	1,495
Total	8,623
Accumulated Depreciation	$ (2,736)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	41 years
Nashville Airport [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,033
Initial Cost - Building and Improvements	3,649
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	121
Cost Capitalized Subsequent to Acquisition - Building and Improvements	887
Cost Capitalized Subsequent to Acquisition - FF&E	1,104
Gross Amount Carried - Land and Improvements	1,154
Gross Amount Carried - Building and Improvements	4,536
Gross Amount Carried - FF&E	1,146
Total	6,836
Accumulated Depreciation	$ (2,336)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Nashville Airport Elm Hill Pike [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 812
Initial Cost - Building and Improvements	1,543
Initial Cost - FF&E	33
Cost Capitalized Subsequent to Acquisition - Land and Improvements	293
Cost Capitalized Subsequent to Acquisition - Building and Improvements	694
Cost Capitalized Subsequent to Acquisition - FF&E	896
Gross Amount Carried - Land and Improvements	1,105
Gross Amount Carried - Building and Improvements	2,237
Gross Amount Carried - FF&E	929
Total	4,271
Accumulated Depreciation	$ (1,709)
Date Acquired	Oct. 8, 2010
Date of Construction	1993
Depreciable Lives	23 years
Nashville Airport Music City [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,779
Initial Cost - Building and Improvements	2,379
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	120
Cost Capitalized Subsequent to Acquisition - Building and Improvements	893
Cost Capitalized Subsequent to Acquisition - FF&E	1,516
Gross Amount Carried - Land and Improvements	2,899
Gross Amount Carried - Building and Improvements	3,272
Gross Amount Carried - FF&E	1,572
Total	7,743
Accumulated Depreciation	$ (2,219)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Nashville Vanderbilt [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,918
Initial Cost - Building and Improvements	9,993
Initial Cost - FF&E	78
Cost Capitalized Subsequent to Acquisition - Land and Improvements	192
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,144
Cost Capitalized Subsequent to Acquisition - FF&E	2,148
Gross Amount Carried - Land and Improvements	2,110
Gross Amount Carried - Building and Improvements	12,137
Gross Amount Carried - FF&E	2,226
Total	16,473
Accumulated Depreciation	$ (4,092)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Austin Round Rock South [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 676
Initial Cost - Building and Improvements	3,755
Initial Cost - FF&E	96
Cost Capitalized Subsequent to Acquisition - Land and Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Improvements	725
Cost Capitalized Subsequent to Acquisition - FF&E	1,005
Gross Amount Carried - Land and Improvements	737
Gross Amount Carried - Building and Improvements	4,480
Gross Amount Carried - FF&E	1,101
Total	6,318
Accumulated Depreciation	$ (2,275)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Austin Arboretum Capital of Texas Hwy [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 734
Initial Cost - Building and Improvements	4,455
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	91
Cost Capitalized Subsequent to Acquisition - Building and Improvements	885
Cost Capitalized Subsequent to Acquisition - FF&E	892
Gross Amount Carried - Land and Improvements	825
Gross Amount Carried - Building and Improvements	5,340
Gross Amount Carried - FF&E	935
Total	7,100
Accumulated Depreciation	$ (2,446)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Austin Arboretum North [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,080
Initial Cost - Building and Improvements	5,322
Initial Cost - FF&E	56
Cost Capitalized Subsequent to Acquisition - Land and Improvements	127
Cost Capitalized Subsequent to Acquisition - Building and Improvements	986
Cost Capitalized Subsequent to Acquisition - FF&E	1,629
Gross Amount Carried - Land and Improvements	1,207
Gross Amount Carried - Building and Improvements	6,308
Gross Amount Carried - FF&E	1,685
Total	9,200
Accumulated Depreciation	$ (3,226)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Austin Arboretum South [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,059
Initial Cost - Building and Improvements	2,857
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	106
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,172
Cost Capitalized Subsequent to Acquisition - FF&E	1,578
Gross Amount Carried - Land and Improvements	1,165
Gross Amount Carried - Building and Improvements	4,029
Gross Amount Carried - FF&E	1,622
Total	6,816
Accumulated Depreciation	$ (2,794)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Depreciable Lives	30 years
Austin Downtown Town Lake [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,043
Initial Cost - Building and Improvements	11,933
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	121
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,261
Cost Capitalized Subsequent to Acquisition - FF&E	1,772
Gross Amount Carried - Land and Improvements	3,164
Gross Amount Carried - Building and Improvements	13,194
Gross Amount Carried - FF&E	1,830
Total	18,188
Accumulated Depreciation	$ (5,084)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Austin Metro [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 677
Initial Cost - Building and Improvements	1,768
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	68
Cost Capitalized Subsequent to Acquisition - Building and Improvements	462
Cost Capitalized Subsequent to Acquisition - FF&E	1,060
Gross Amount Carried - Land and Improvements	745
Gross Amount Carried - Building and Improvements	2,230
Gross Amount Carried - FF&E	1,113
Total	4,088
Accumulated Depreciation	$ (1,476)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	41 years
Austin North Central [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,711
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	58
Cost Capitalized Subsequent to Acquisition - Land and Improvements	81
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,693
Cost Capitalized Subsequent to Acquisition - FF&E	1,752
Gross Amount Carried - Land and Improvements	1,792
Gross Amount Carried - Building and Improvements	1,693
Gross Amount Carried - FF&E	1,810
Total	5,295
Accumulated Depreciation	$ (1,968)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Austin Northwest Lakeline Mall [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 601
Initial Cost - Building and Improvements	2,842
Initial Cost - FF&E	75
Cost Capitalized Subsequent to Acquisition - Land and Improvements	143
Cost Capitalized Subsequent to Acquisition - Building and Improvements	534
Cost Capitalized Subsequent to Acquisition - FF&E	1,186
Gross Amount Carried - Land and Improvements	744
Gross Amount Carried - Building and Improvements	3,376
Gross Amount Carried - FF&E	1,261
Total	5,381
Accumulated Depreciation	$ (1,984)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Austin Northwest Research Park [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,028
Initial Cost - Building and Improvements	5,422
Initial Cost - FF&E	59
Cost Capitalized Subsequent to Acquisition - Land and Improvements	171
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,698
Cost Capitalized Subsequent to Acquisition - FF&E	1,726
Gross Amount Carried - Land and Improvements	1,199
Gross Amount Carried - Building and Improvements	7,120
Gross Amount Carried - FF&E	1,785
Total	10,104
Accumulated Depreciation	$ (3,596)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	41 years
Austin Round Rock North [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 604
Initial Cost - Building and Improvements	3,676
Initial Cost - FF&E	50
Cost Capitalized Subsequent to Acquisition - Land and Improvements	167
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,055
Cost Capitalized Subsequent to Acquisition - FF&E	1,277
Gross Amount Carried - Land and Improvements	771
Gross Amount Carried - Building and Improvements	4,731
Gross Amount Carried - FF&E	1,327
Total	6,829
Accumulated Depreciation	$ (2,739)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	28 years
Austin Southwest [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,628
Initial Cost - Building and Improvements	3,811
Initial Cost - FF&E	84
Cost Capitalized Subsequent to Acquisition - Land and Improvements	74
Cost Capitalized Subsequent to Acquisition - Building and Improvements	874
Cost Capitalized Subsequent to Acquisition - FF&E	1,129
Gross Amount Carried - Land and Improvements	4,702
Gross Amount Carried - Building and Improvements	4,685
Gross Amount Carried - FF&E	1,213
Total	10,600
Accumulated Depreciation	$ (2,295)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Dallas Bedford [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 540
Initial Cost - Building and Improvements	2,600
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	115
Cost Capitalized Subsequent to Acquisition - Building and Improvements	634
Cost Capitalized Subsequent to Acquisition - FF&E	1,087
Gross Amount Carried - Land and Improvements	655
Gross Amount Carried - Building and Improvements	3,234
Gross Amount Carried - FF&E	1,140
Total	5,029
Accumulated Depreciation	$ (1,683)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	41 years
Dallas Coit Road [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 555
Initial Cost - Building and Improvements	1,430
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	144
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,082
Cost Capitalized Subsequent to Acquisition - FF&E	1,353
Gross Amount Carried - Land and Improvements	699
Gross Amount Carried - Building and Improvements	2,512
Gross Amount Carried - FF&E	1,395
Total	4,606
Accumulated Depreciation	$ (1,924)
Date Acquired	Oct. 8, 2010
Date of Construction	1994
Depreciable Lives	29 years
Dallas Frankford Road [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 891
Initial Cost - Building and Improvements	1,301
Initial Cost - FF&E	131
Cost Capitalized Subsequent to Acquisition - Land and Improvements	101
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,975
Cost Capitalized Subsequent to Acquisition - FF&E	1,658
Gross Amount Carried - Land and Improvements	992
Gross Amount Carried - Building and Improvements	3,276
Gross Amount Carried - FF&E	1,789
Total	6,057
Accumulated Depreciation	$ (2,618)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Dallas Market Center [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 748
Initial Cost - Building and Improvements	4,625
Initial Cost - FF&E	71
Cost Capitalized Subsequent to Acquisition - Land and Improvements	138
Cost Capitalized Subsequent to Acquisition - Building and Improvements	808
Cost Capitalized Subsequent to Acquisition - FF&E	1,229
Gross Amount Carried - Land and Improvements	886
Gross Amount Carried - Building and Improvements	5,433
Gross Amount Carried - FF&E	1,300
Total	7,619
Accumulated Depreciation	$ (2,325)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	39 years
Dallas Farmers Branch [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 511
Initial Cost - Building and Improvements	1,451
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	71
Cost Capitalized Subsequent to Acquisition - Building and Improvements	575
Cost Capitalized Subsequent to Acquisition - FF&E	1,111
Gross Amount Carried - Land and Improvements	582
Gross Amount Carried - Building and Improvements	2,026
Gross Amount Carried - FF&E	1,149
Total	3,757
Accumulated Depreciation	$ (1,534)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	28 years
Houston Galleria Uptown [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 890
Initial Cost - Building and Improvements	9,696
Initial Cost - FF&E	66
Cost Capitalized Subsequent to Acquisition - Land and Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,278
Cost Capitalized Subsequent to Acquisition - FF&E	1,461
Gross Amount Carried - Land and Improvements	951
Gross Amount Carried - Building and Improvements	10,974
Gross Amount Carried - FF&E	1,527
Total	13,452
Accumulated Depreciation	$ (4,328)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Houston Galleria Westheimer [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 729
Initial Cost - Building and Improvements	9,020
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	847
Cost Capitalized Subsequent to Acquisition - FF&E	1,083
Gross Amount Carried - Land and Improvements	795
Gross Amount Carried - Building and Improvements	9,867
Gross Amount Carried - FF&E	1,128
Total	11,790
Accumulated Depreciation	$ (3,691)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Houston Greenspoint [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 381
Initial Cost - Building and Improvements	840
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	163
Cost Capitalized Subsequent to Acquisition - Building and Improvements	708
Cost Capitalized Subsequent to Acquisition - FF&E	1,197
Gross Amount Carried - Land and Improvements	544
Gross Amount Carried - Building and Improvements	1,548
Gross Amount Carried - FF&E	1,236
Total	3,328
Accumulated Depreciation	$ (1,768)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	28 years
Houston Medical Center Greenway Plaza [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 603
Initial Cost - Building and Improvements	8,266
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,077
Cost Capitalized Subsequent to Acquisition - FF&E	1,258
Gross Amount Carried - Land and Improvements	739
Gross Amount Carried - Building and Improvements	9,343
Gross Amount Carried - FF&E	1,304
Total	11,386
Accumulated Depreciation	$ (3,635)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Houston Katy Frwy Beltway 8 [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 304
Initial Cost - Building and Improvements	2,701
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	76
Cost Capitalized Subsequent to Acquisition - Building and Improvements	754
Cost Capitalized Subsequent to Acquisition - FF&E	1,105
Gross Amount Carried - Land and Improvements	380
Gross Amount Carried - Building and Improvements	3,455
Gross Amount Carried - FF&E	1,149
Total	4,984
Accumulated Depreciation	$ (2,124)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Houston Medical Center NRG Park Braeswood Blvd [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 998
Initial Cost - Building and Improvements	10,111
Initial Cost - FF&E	122
Cost Capitalized Subsequent to Acquisition - Land and Improvements	144
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,056
Cost Capitalized Subsequent to Acquisition - FF&E	1,896
Gross Amount Carried - Land and Improvements	1,142
Gross Amount Carried - Building and Improvements	12,167
Gross Amount Carried - FF&E	2,018
Total	15,327
Accumulated Depreciation	$ (4,868)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	38 years
Houston Medical Center NRG Park Fannin St [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,311
Initial Cost - Building and Improvements	7,833
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	168
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,641
Cost Capitalized Subsequent to Acquisition - FF&E	1,758
Gross Amount Carried - Land and Improvements	1,479
Gross Amount Carried - Building and Improvements	9,474
Gross Amount Carried - FF&E	1,811
Total	12,764
Accumulated Depreciation	$ (4,745)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Depreciable Lives	30 years
Houston Medical Center NRG Park Kirby [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 544
Initial Cost - Building and Improvements	5,470
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	123
Cost Capitalized Subsequent to Acquisition - Building and Improvements	772
Cost Capitalized Subsequent to Acquisition - FF&E	1,150
Gross Amount Carried - Land and Improvements	667
Gross Amount Carried - Building and Improvements	6,242
Gross Amount Carried - FF&E	1,210
Total	8,119
Accumulated Depreciation	$ (2,521)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	39 years
Houston NASA Johnson Space Center [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 535
Initial Cost - Building and Improvements	4,068
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	135
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,317
Cost Capitalized Subsequent to Acquisition - FF&E	1,201
Gross Amount Carried - Land and Improvements	670
Gross Amount Carried - Building and Improvements	5,385
Gross Amount Carried - FF&E	1,245
Total	7,300
Accumulated Depreciation	$ (2,470)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Houston Sugarland [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,882
Initial Cost - Building and Improvements	5,904
Initial Cost - FF&E	549
Cost Capitalized Subsequent to Acquisition - Land and Improvements	10
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,204
Cost Capitalized Subsequent to Acquisition - FF&E	1,129
Gross Amount Carried - Land and Improvements	1,892
Gross Amount Carried - Building and Improvements	7,108
Gross Amount Carried - FF&E	1,678
Total	10,678
Accumulated Depreciation	$ (3,033)
Date Acquired	Dec. 31, 2013
Date of Construction	1998
Depreciable Lives	40 years
Houston Willowbrook HWY 249 [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 329
Initial Cost - Building and Improvements	3,432
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	68
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,163
Cost Capitalized Subsequent to Acquisition - FF&E	1,104
Gross Amount Carried - Land and Improvements	397
Gross Amount Carried - Building and Improvements	4,595
Gross Amount Carried - FF&E	1,142
Total	6,134
Accumulated Depreciation	$ (2,183)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Dallas DFW Airport N [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 698
Initial Cost - Building and Improvements	1,510
Initial Cost - FF&E	130
Cost Capitalized Subsequent to Acquisition - Land and Improvements	111
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,139
Cost Capitalized Subsequent to Acquisition - FF&E	1,499
Gross Amount Carried - Land and Improvements	809
Gross Amount Carried - Building and Improvements	2,649
Gross Amount Carried - FF&E	1,629
Total	5,087
Accumulated Depreciation	$ (2,030)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Dallas Las Colinas Carnaby St [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,220
Initial Cost - Building and Improvements	3,061
Initial Cost - FF&E	51
Cost Capitalized Subsequent to Acquisition - Land and Improvements	160
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,426
Cost Capitalized Subsequent to Acquisition - FF&E	1,289
Gross Amount Carried - Land and Improvements	1,380
Gross Amount Carried - Building and Improvements	4,487
Gross Amount Carried - FF&E	1,340
Total	7,207
Accumulated Depreciation	$ (2,100)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Dallas Las Colinas Green Park Dr [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 875
Initial Cost - Building and Improvements	2,338
Initial Cost - FF&E	98
Cost Capitalized Subsequent to Acquisition - Land and Improvements	104
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,251
Cost Capitalized Subsequent to Acquisition - FF&E	1,251
Gross Amount Carried - Land and Improvements	979
Gross Amount Carried - Building and Improvements	3,589
Gross Amount Carried - FF&E	1,349
Total	5,917
Accumulated Depreciation	$ (2,199)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	43 years
Dallas Las Colinas Meadow Creek Dr [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 844
Initial Cost - Building and Improvements	3,605
Initial Cost - FF&E	84
Cost Capitalized Subsequent to Acquisition - Land and Improvements	137
Cost Capitalized Subsequent to Acquisition - Building and Improvements	487
Cost Capitalized Subsequent to Acquisition - FF&E	1,405
Gross Amount Carried - Land and Improvements	981
Gross Amount Carried - Building and Improvements	4,092
Gross Amount Carried - FF&E	1,489
Total	6,562
Accumulated Depreciation	$ (2,213)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Dallas Lewisville [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 564
Initial Cost - Building and Improvements	1,020
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	83
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,018
Cost Capitalized Subsequent to Acquisition - FF&E	1,020
Gross Amount Carried - Land and Improvements	647
Gross Amount Carried - Building and Improvements	2,038
Gross Amount Carried - FF&E	1,058
Total	3,743
Accumulated Depreciation	$ (1,457)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Dallas Plano [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 735
Initial Cost - Building and Improvements	4,386
Initial Cost - FF&E	90
Cost Capitalized Subsequent to Acquisition - Land and Improvements	102
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,470
Cost Capitalized Subsequent to Acquisition - FF&E	1,666
Gross Amount Carried - Land and Improvements	837
Gross Amount Carried - Building and Improvements	5,856
Gross Amount Carried - FF&E	1,756
Total	8,449
Accumulated Depreciation	$ (3,063)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	41 years
Dallas Richardson [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,014
Initial Cost - Building and Improvements	5,535
Initial Cost - FF&E	144
Cost Capitalized Subsequent to Acquisition - Land and Improvements	144
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,170
Cost Capitalized Subsequent to Acquisition - FF&E	2,231
Gross Amount Carried - Land and Improvements	1,158
Gross Amount Carried - Building and Improvements	6,705
Gross Amount Carried - FF&E	2,375
Total	10,238
Accumulated Depreciation	$ (3,657)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
San Antonio Airport [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,443
Initial Cost - Building and Improvements	4,710
Initial Cost - FF&E	53
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,463
Cost Capitalized Subsequent to Acquisition - FF&E	1,481
Gross Amount Carried - Land and Improvements	1,518
Gross Amount Carried - Building and Improvements	6,173
Gross Amount Carried - FF&E	1,534
Total	9,225
Accumulated Depreciation	$ (2,842)
Date Acquired	Oct. 8, 2010
Date of Construction	1995
Depreciable Lives	30 years
San Antonio Colonnade [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 865
Initial Cost - Building and Improvements	5,060
Initial Cost - FF&E	52
Cost Capitalized Subsequent to Acquisition - Land and Improvements	110
Cost Capitalized Subsequent to Acquisition - Building and Improvements	665
Cost Capitalized Subsequent to Acquisition - FF&E	1,068
Gross Amount Carried - Land and Improvements	975
Gross Amount Carried - Building and Improvements	5,725
Gross Amount Carried - FF&E	1,120
Total	7,820
Accumulated Depreciation	$ (2,384)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Houston The Woodlands [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 455
Initial Cost - Building and Improvements	5,700
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,098
Cost Capitalized Subsequent to Acquisition - FF&E	1,245
Gross Amount Carried - Land and Improvements	540
Gross Amount Carried - Building and Improvements	6,798
Gross Amount Carried - FF&E	1,300
Total	8,638
Accumulated Depreciation	$ (3,722)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	26 years
Houston Stafford [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 389
Initial Cost - Building and Improvements	1,774
Initial Cost - FF&E	35
Cost Capitalized Subsequent to Acquisition - Land and Improvements	119
Cost Capitalized Subsequent to Acquisition - Building and Improvements	854
Cost Capitalized Subsequent to Acquisition - FF&E	1,075
Gross Amount Carried - Land and Improvements	508
Gross Amount Carried - Building and Improvements	2,628
Gross Amount Carried - FF&E	1,110
Total	4,246
Accumulated Depreciation	$ (1,585)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	34 years
Houston NASA Bay Area Blvd [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 516
Initial Cost - Building and Improvements	5,301
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	102
Cost Capitalized Subsequent to Acquisition - Building and Improvements	880
Cost Capitalized Subsequent to Acquisition - FF&E	1,105
Gross Amount Carried - Land and Improvements	618
Gross Amount Carried - Building and Improvements	6,181
Gross Amount Carried - FF&E	1,150
Total	7,949
Accumulated Depreciation	$ (2,512)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	40 years
Salt Lake City Union Park [Member] | UTAH
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,236
Initial Cost - Building and Improvements	4,122
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	130
Cost Capitalized Subsequent to Acquisition - Building and Improvements	914
Cost Capitalized Subsequent to Acquisition - FF&E	1,384
Gross Amount Carried - Land and Improvements	1,366
Gross Amount Carried - Building and Improvements	5,036
Gross Amount Carried - FF&E	1,431
Total	7,833
Accumulated Depreciation	$ (2,740)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Salt Lake City Sugar House [Member] | UTAH
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,166
Initial Cost - Building and Improvements	7,029
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	194
Cost Capitalized Subsequent to Acquisition - Building and Improvements	981
Cost Capitalized Subsequent to Acquisition - FF&E	1,248
Gross Amount Carried - Land and Improvements	2,360
Gross Amount Carried - Building and Improvements	8,010
Gross Amount Carried - FF&E	1,287
Total	11,657
Accumulated Depreciation	$ (3,535)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Salt Lake City Sandy [Member] | UTAH
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 977
Initial Cost - Building and Improvements	3,949
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	163
Cost Capitalized Subsequent to Acquisition - Building and Improvements	929
Cost Capitalized Subsequent to Acquisition - FF&E	1,228
Gross Amount Carried - Land and Improvements	1,140
Gross Amount Carried - Building and Improvements	4,878
Gross Amount Carried - FF&E	1,273
Total	7,291
Accumulated Depreciation	$ (2,470)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Salt Lake City West Valley Center [Member] | UTAH
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,183
Initial Cost - Building and Improvements	3,592
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	142
Cost Capitalized Subsequent to Acquisition - Building and Improvements	655
Cost Capitalized Subsequent to Acquisition - FF&E	1,180
Gross Amount Carried - Land and Improvements	1,325
Gross Amount Carried - Building and Improvements	4,247
Gross Amount Carried - FF&E	1,223
Total	6,795
Accumulated Depreciation	$ (2,370)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Washington DC Alexandria Landmark [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,627
Initial Cost - Building and Improvements	10,696
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	106
Cost Capitalized Subsequent to Acquisition - Building and Improvements	625
Cost Capitalized Subsequent to Acquisition - FF&E	2,264
Gross Amount Carried - Land and Improvements	3,733
Gross Amount Carried - Building and Improvements	11,321
Gross Amount Carried - FF&E	2,308
Total	17,362
Accumulated Depreciation	$ (4,085)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Washington DC Alexandria Eisenhower Ave [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,147
Initial Cost - Building and Improvements	14,424
Initial Cost - FF&E	60
Cost Capitalized Subsequent to Acquisition - Land and Improvements	75
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,229
Cost Capitalized Subsequent to Acquisition - FF&E	1,908
Gross Amount Carried - Land and Improvements	5,222
Gross Amount Carried - Building and Improvements	15,653
Gross Amount Carried - FF&E	1,968
Total	22,843
Accumulated Depreciation	$ (5,387)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Washington DC Centreville Manassas [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,542
Initial Cost - Building and Improvements	4,922
Initial Cost - FF&E	105
Cost Capitalized Subsequent to Acquisition - Land and Improvements	71
Cost Capitalized Subsequent to Acquisition - Building and Improvements	762
Cost Capitalized Subsequent to Acquisition - FF&E	1,235
Gross Amount Carried - Land and Improvements	1,613
Gross Amount Carried - Building and Improvements	5,684
Gross Amount Carried - FF&E	1,340
Total	8,637
Accumulated Depreciation	$ (1,821)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Washington DC Chantilly [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,655
Initial Cost - Building and Improvements	3,015
Initial Cost - FF&E	511
Cost Capitalized Subsequent to Acquisition - Land and Improvements	198
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,235
Cost Capitalized Subsequent to Acquisition - FF&E	833
Gross Amount Carried - Land and Improvements	2,853
Gross Amount Carried - Building and Improvements	4,250
Gross Amount Carried - FF&E	1,344
Total	8,447
Accumulated Depreciation	$ (2,852)
Date Acquired	Dec. 13, 2012
Date of Construction	1998
Depreciable Lives	22 years
Washington DC Chantilly Airport [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,402
Initial Cost - Building and Improvements	3,390
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	7
Cost Capitalized Subsequent to Acquisition - Building and Improvements	699
Cost Capitalized Subsequent to Acquisition - FF&E	941
Gross Amount Carried - Land and Improvements	1,409
Gross Amount Carried - Building and Improvements	4,089
Gross Amount Carried - FF&E	981
Total	6,479
Accumulated Depreciation	$ (2,192)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Washington DC Chantilly Dulles South [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,166
Initial Cost - Building and Improvements	5,159
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	137
Cost Capitalized Subsequent to Acquisition - Building and Improvements	624
Cost Capitalized Subsequent to Acquisition - FF&E	921
Gross Amount Carried - Land and Improvements	1,303
Gross Amount Carried - Building and Improvements	5,783
Gross Amount Carried - FF&E	967
Total	8,053
Accumulated Depreciation	$ (2,416)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Chesapeake Churchland Blvd [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 647
Initial Cost - Building and Improvements	2,762
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	46
Cost Capitalized Subsequent to Acquisition - Building and Improvements	488
Cost Capitalized Subsequent to Acquisition - FF&E	1,036
Gross Amount Carried - Land and Improvements	693
Gross Amount Carried - Building and Improvements	3,250
Gross Amount Carried - FF&E	1,093
Total	5,036
Accumulated Depreciation	$ (1,651)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	42 years
Chesapeake Crossways Blvd [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,171
Initial Cost - Building and Improvements	4,773
Initial Cost - FF&E	47
Cost Capitalized Subsequent to Acquisition - Land and Improvements	157
Cost Capitalized Subsequent to Acquisition - Building and Improvements	864
Cost Capitalized Subsequent to Acquisition - FF&E	1,309
Gross Amount Carried - Land and Improvements	1,328
Gross Amount Carried - Building and Improvements	5,637
Gross Amount Carried - FF&E	1,356
Total	8,321
Accumulated Depreciation	$ (2,962)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	32 years
Chesapeake Greenbrier Circle [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 807
Initial Cost - Building and Improvements	5,349
Initial Cost - FF&E	109
Cost Capitalized Subsequent to Acquisition - Land and Improvements	77
Cost Capitalized Subsequent to Acquisition - Building and Improvements	537
Cost Capitalized Subsequent to Acquisition - FF&E	980
Gross Amount Carried - Land and Improvements	884
Gross Amount Carried - Building and Improvements	5,886
Gross Amount Carried - FF&E	1,089
Total	7,859
Accumulated Depreciation	$ (2,403)
Date Acquired	Oct. 8, 2010
Date of Construction	2005
Depreciable Lives	44 years
Washington DC Fairfax [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,799
Initial Cost - Building and Improvements	3,734
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	136
Cost Capitalized Subsequent to Acquisition - Building and Improvements	889
Cost Capitalized Subsequent to Acquisition - FF&E	1,030
Gross Amount Carried - Land and Improvements	1,935
Gross Amount Carried - Building and Improvements	4,623
Gross Amount Carried - FF&E	1,079
Total	7,637
Accumulated Depreciation	$ (2,416)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Washington DC Fairfax Fair Oaks Mall [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 936
Initial Cost - Building and Improvements	5,713
Initial Cost - FF&E	61
Cost Capitalized Subsequent to Acquisition - Land and Improvements	61
Cost Capitalized Subsequent to Acquisition - Building and Improvements	606
Cost Capitalized Subsequent to Acquisition - FF&E	981
Gross Amount Carried - Land and Improvements	997
Gross Amount Carried - Building and Improvements	6,319
Gross Amount Carried - FF&E	1,042
Total	8,358
Accumulated Depreciation	$ (2,533)
Date Acquired	Oct. 8, 2010
Date of Construction	2000
Depreciable Lives	40 years
Washington DC Fairfax Fair Oaks [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,167
Initial Cost - Building and Improvements	4,053
Initial Cost - FF&E	693
Cost Capitalized Subsequent to Acquisition - Land and Improvements	242
Cost Capitalized Subsequent to Acquisition - Building and Improvements	965
Cost Capitalized Subsequent to Acquisition - FF&E	724
Gross Amount Carried - Land and Improvements	4,409
Gross Amount Carried - Building and Improvements	5,018
Gross Amount Carried - FF&E	1,417
Total	10,844
Accumulated Depreciation	$ (3,351)
Date Acquired	Dec. 13, 2012
Date of Construction	1998
Depreciable Lives	26 years
Washington DC Falls Church Merrifield [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,389
Initial Cost - Building and Improvements	6,653
Initial Cost - FF&E	910
Cost Capitalized Subsequent to Acquisition - Land and Improvements	263
Cost Capitalized Subsequent to Acquisition - Building and Improvements	989
Cost Capitalized Subsequent to Acquisition - FF&E	898
Gross Amount Carried - Land and Improvements	4,652
Gross Amount Carried - Building and Improvements	7,642
Gross Amount Carried - FF&E	1,808
Total	14,102
Accumulated Depreciation	$ (3,548)
Date Acquired	Dec. 13, 2012
Date of Construction	1998
Depreciable Lives	33 years
Richmond Innsbrook [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,069
Initial Cost - Building and Improvements	1,991
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	635
Cost Capitalized Subsequent to Acquisition - FF&E	1,176
Gross Amount Carried - Land and Improvements	1,161
Gross Amount Carried - Building and Improvements	2,626
Gross Amount Carried - FF&E	1,221
Total	5,008
Accumulated Depreciation	$ (1,861)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Richmond West End I-64 [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,999
Initial Cost - Building and Improvements	2,496
Initial Cost - FF&E	501
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	755
Cost Capitalized Subsequent to Acquisition - FF&E	875
Gross Amount Carried - Land and Improvements	2,091
Gross Amount Carried - Building and Improvements	3,251
Gross Amount Carried - FF&E	1,376
Total	6,718
Accumulated Depreciation	$ (2,556)
Date Acquired	Dec. 13, 2012
Date of Construction	1997
Depreciable Lives	19 years
Hampton Coliseum [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,049
Initial Cost - Building and Improvements	2,120
Initial Cost - FF&E	97
Cost Capitalized Subsequent to Acquisition - Land and Improvements	82
Cost Capitalized Subsequent to Acquisition - Building and Improvements	610
Cost Capitalized Subsequent to Acquisition - FF&E	1,122
Gross Amount Carried - Land and Improvements	1,131
Gross Amount Carried - Building and Improvements	2,730
Gross Amount Carried - FF&E	1,219
Total	5,080
Accumulated Depreciation	$ (1,876)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Washington DC Herndon Dulles [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,159
Initial Cost - Building and Improvements	5,808
Initial Cost - FF&E	150
Cost Capitalized Subsequent to Acquisition - Land and Improvements	58
Cost Capitalized Subsequent to Acquisition - Building and Improvements	343
Cost Capitalized Subsequent to Acquisition - FF&E	973
Gross Amount Carried - Land and Improvements	1,217
Gross Amount Carried - Building and Improvements	6,151
Gross Amount Carried - FF&E	1,123
Total	8,491
Accumulated Depreciation	$ (2,519)
Date Acquired	Oct. 8, 2010
Date of Construction	2005
Depreciable Lives	45 years
Lynchburg University Blvd [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,259
Initial Cost - Building and Improvements	4,899
Initial Cost - FF&E	94
Cost Capitalized Subsequent to Acquisition - Land and Improvements	103
Cost Capitalized Subsequent to Acquisition - Building and Improvements	432
Cost Capitalized Subsequent to Acquisition - FF&E	1,071
Gross Amount Carried - Land and Improvements	1,362
Gross Amount Carried - Building and Improvements	5,331
Gross Amount Carried - FF&E	1,165
Total	7,858
Accumulated Depreciation	$ (2,438)
Date Acquired	Oct. 8, 2010
Date of Construction	2003
Depreciable Lives	43 years
Newport News I-64 Jefferson Avenue [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 982
Initial Cost - Building and Improvements	2,655
Initial Cost - FF&E	34
Cost Capitalized Subsequent to Acquisition - Land and Improvements	93
Cost Capitalized Subsequent to Acquisition - Building and Improvements	614
Cost Capitalized Subsequent to Acquisition - FF&E	980
Gross Amount Carried - Land and Improvements	1,075
Gross Amount Carried - Building and Improvements	3,269
Gross Amount Carried - FF&E	1,014
Total	5,358
Accumulated Depreciation	$ (1,900)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	27 years
Newport News Oyster Point [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 688
Initial Cost - Building and Improvements	2,950
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	861
Cost Capitalized Subsequent to Acquisition - FF&E	1,290
Gross Amount Carried - Land and Improvements	754
Gross Amount Carried - Building and Improvements	3,811
Gross Amount Carried - FF&E	1,334
Total	5,899
Accumulated Depreciation	$ (2,058)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	32 years
Washington DC Reston [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 5,766
Initial Cost - Building and Improvements	7,250
Initial Cost - FF&E	795
Cost Capitalized Subsequent to Acquisition - Land and Improvements	192
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,076
Cost Capitalized Subsequent to Acquisition - FF&E	1,139
Gross Amount Carried - Land and Improvements	5,958
Gross Amount Carried - Building and Improvements	8,326
Gross Amount Carried - FF&E	1,934
Total	16,218
Accumulated Depreciation	$ (3,631)
Date Acquired	Dec. 13, 2012
Date of Construction	1998
Depreciable Lives	34 years
North Chesterfield Arboretum [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,368
Initial Cost - Building and Improvements	3,745
Initial Cost - FF&E	45
Cost Capitalized Subsequent to Acquisition - Land and Improvements	51
Cost Capitalized Subsequent to Acquisition - Building and Improvements	739
Cost Capitalized Subsequent to Acquisition - FF&E	1,393
Gross Amount Carried - Land and Improvements	1,419
Gross Amount Carried - Building and Improvements	4,484
Gross Amount Carried - FF&E	1,438
Total	7,341
Accumulated Depreciation	$ (2,250)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Richmond W Broad Street Glenside North [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,008
Initial Cost - Building and Improvements	4,037
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	66
Cost Capitalized Subsequent to Acquisition - Building and Improvements	504
Cost Capitalized Subsequent to Acquisition - FF&E	1,076
Gross Amount Carried - Land and Improvements	1,074
Gross Amount Carried - Building and Improvements	4,541
Gross Amount Carried - FF&E	1,131
Total	6,746
Accumulated Depreciation	$ (1,867)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	40 years
Richmond W Broad Street Glenside South [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 660
Initial Cost - Building and Improvements	1,677
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	94
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,632
Cost Capitalized Subsequent to Acquisition - FF&E	1,071
Gross Amount Carried - Land and Improvements	754
Gross Amount Carried - Building and Improvements	3,309
Gross Amount Carried - FF&E	1,110
Total	5,173
Accumulated Depreciation	$ (1,856)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Roanoke Airport [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 844
Initial Cost - Building and Improvements	1,949
Initial Cost - FF&E	35
Cost Capitalized Subsequent to Acquisition - Land and Improvements	49
Cost Capitalized Subsequent to Acquisition - Building and Improvements	661
Cost Capitalized Subsequent to Acquisition - FF&E	906
Gross Amount Carried - Land and Improvements	893
Gross Amount Carried - Building and Improvements	2,610
Gross Amount Carried - FF&E	941
Total	4,444
Accumulated Depreciation	$ (1,436)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	34 years
Washington DC Springfield [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,417
Initial Cost - Building and Improvements	15,207
Initial Cost - FF&E	134
Cost Capitalized Subsequent to Acquisition - Land and Improvements	88
Cost Capitalized Subsequent to Acquisition - Building and Improvements	959
Cost Capitalized Subsequent to Acquisition - FF&E	1,491
Gross Amount Carried - Land and Improvements	3,505
Gross Amount Carried - Building and Improvements	16,166
Gross Amount Carried - FF&E	1,625
Total	21,296
Accumulated Depreciation	$ (4,768)
Date Acquired	Oct. 8, 2010
Date of Construction	2004
Depreciable Lives	44 years
Washington DC Sterling [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,375
Initial Cost - Building and Improvements	5,167
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	97
Cost Capitalized Subsequent to Acquisition - Building and Improvements	636
Cost Capitalized Subsequent to Acquisition - FF&E	967
Gross Amount Carried - Land and Improvements	1,472
Gross Amount Carried - Building and Improvements	5,803
Gross Amount Carried - FF&E	1,006
Total	8,281
Accumulated Depreciation	$ (2,495)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Washington Dc Sterling Dulles [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,709
Initial Cost - Building and Improvements	2,618
Initial Cost - FF&E	707
Cost Capitalized Subsequent to Acquisition - Land and Improvements	254
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,098
Cost Capitalized Subsequent to Acquisition - FF&E	830
Gross Amount Carried - Land and Improvements	4,963
Gross Amount Carried - Building and Improvements	3,716
Gross Amount Carried - FF&E	1,537
Total	10,216
Accumulated Depreciation	$ (2,897)
Date Acquired	Dec. 13, 2012
Date of Construction	1998
Depreciable Lives	23 years
Washington DC Tysons Corner [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,716
Initial Cost - Building and Improvements	12,425
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,174
Cost Capitalized Subsequent to Acquisition - FF&E	1,775
Gross Amount Carried - Land and Improvements	3,801
Gross Amount Carried - Building and Improvements	13,599
Gross Amount Carried - FF&E	1,824
Total	19,224
Accumulated Depreciation	$ (4,747)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Virginia Beach Independence Blvd [Member] | VIRGINIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,769
Initial Cost - Building and Improvements	6,115
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	161
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,064
Cost Capitalized Subsequent to Acquisition - FF&E	1,286
Gross Amount Carried - Land and Improvements	1,930
Gross Amount Carried - Building and Improvements	7,179
Gross Amount Carried - FF&E	1,329
Total	10,438
Accumulated Depreciation	$ (3,256)
Date Acquired	Oct. 8, 2010
Date of Construction	1996
Depreciable Lives	31 years
Seattle Bellevue Downtown [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 3,672
Initial Cost - Building and Improvements	9,062
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	86
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,664
Cost Capitalized Subsequent to Acquisition - FF&E	2,326
Gross Amount Carried - Land and Improvements	3,758
Gross Amount Carried - Building and Improvements	11,726
Gross Amount Carried - FF&E	2,381
Total	17,865
Accumulated Depreciation	$ (3,231)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Seattle Bellevue Factoria [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,697
Initial Cost - Building and Improvements	8,912
Initial Cost - FF&E	55
Cost Capitalized Subsequent to Acquisition - Land and Improvements	91
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,440
Cost Capitalized Subsequent to Acquisition - FF&E	2,306
Gross Amount Carried - Land and Improvements	2,788
Gross Amount Carried - Building and Improvements	10,352
Gross Amount Carried - FF&E	2,361
Total	15,501
Accumulated Depreciation	$ (4,752)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Seattle Redmond [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 6,206
Initial Cost - Building and Improvements	16,067
Initial Cost - FF&E	71
Cost Capitalized Subsequent to Acquisition - Land and Improvements	112
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,329
Cost Capitalized Subsequent to Acquisition - FF&E	2,676
Gross Amount Carried - Land and Improvements	6,318
Gross Amount Carried - Building and Improvements	18,396
Gross Amount Carried - FF&E	2,747
Total	27,461
Accumulated Depreciation	$ (5,752)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Seattle Bothell West [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,236
Initial Cost - Building and Improvements	5,978
Initial Cost - FF&E	64
Cost Capitalized Subsequent to Acquisition - Land and Improvements	64
Cost Capitalized Subsequent to Acquisition - Building and Improvements	574
Cost Capitalized Subsequent to Acquisition - FF&E	894
Gross Amount Carried - Land and Improvements	1,300
Gross Amount Carried - Building and Improvements	6,552
Gross Amount Carried - FF&E	958
Total	8,810
Accumulated Depreciation	$ (2,437)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Seattle Bothell Canyon Park [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,266
Initial Cost - Building and Improvements	7,932
Initial Cost - FF&E	57
Cost Capitalized Subsequent to Acquisition - Land and Improvements	100
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,091
Cost Capitalized Subsequent to Acquisition - FF&E	1,260
Gross Amount Carried - Land and Improvements	2,366
Gross Amount Carried - Building and Improvements	9,023
Gross Amount Carried - FF&E	1,317
Total	12,706
Accumulated Depreciation	$ (3,611)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Seattle Everett North [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,175
Initial Cost - Building and Improvements	6,615
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	199
Cost Capitalized Subsequent to Acquisition - Building and Improvements	724
Cost Capitalized Subsequent to Acquisition - FF&E	1,247
Gross Amount Carried - Land and Improvements	1,374
Gross Amount Carried - Building and Improvements	7,339
Gross Amount Carried - FF&E	1,285
Total	9,998
Accumulated Depreciation	$ (2,824)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Seattle Everett Silverlake [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 4,008
Initial Cost - Building and Improvements	9,000
Initial Cost - FF&E	54
Cost Capitalized Subsequent to Acquisition - Land and Improvements	92
Cost Capitalized Subsequent to Acquisition - Building and Improvements	796
Cost Capitalized Subsequent to Acquisition - FF&E	1,284
Gross Amount Carried - Land and Improvements	4,100
Gross Amount Carried - Building and Improvements	9,796
Gross Amount Carried - FF&E	1,338
Total	15,234
Accumulated Depreciation	$ (3,582)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	40 years
Seattle Federal Way [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 761
Initial Cost - Building and Improvements	4,918
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	194
Cost Capitalized Subsequent to Acquisition - Building and Improvements	761
Cost Capitalized Subsequent to Acquisition - FF&E	1,040
Gross Amount Carried - Land and Improvements	955
Gross Amount Carried - Building and Improvements	5,679
Gross Amount Carried - FF&E	1,078
Total	7,712
Accumulated Depreciation	$ (2,421)
Date Acquired	Oct. 8, 2010
Date of Construction	1999
Depreciable Lives	39 years
Tacoma Fife [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 814
Initial Cost - Building and Improvements	4,397
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	81
Cost Capitalized Subsequent to Acquisition - Building and Improvements	779
Cost Capitalized Subsequent to Acquisition - FF&E	1,054
Gross Amount Carried - Land and Improvements	895
Gross Amount Carried - Building and Improvements	5,176
Gross Amount Carried - FF&E	1,092
Total	7,163
Accumulated Depreciation	$ (2,486)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Seattle Kent [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 923
Initial Cost - Building and Improvements	3,724
Initial Cost - FF&E	43
Cost Capitalized Subsequent to Acquisition - Land and Improvements	95
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,097
Cost Capitalized Subsequent to Acquisition - FF&E	1,365
Gross Amount Carried - Land and Improvements	1,018
Gross Amount Carried - Building and Improvements	4,821
Gross Amount Carried - FF&E	1,408
Total	7,247
Accumulated Depreciation	$ (2,510)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Seattle Lynnwood [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,829
Initial Cost - Building and Improvements	5,408
Initial Cost - FF&E	41
Cost Capitalized Subsequent to Acquisition - Land and Improvements	85
Cost Capitalized Subsequent to Acquisition - Building and Improvements	878
Cost Capitalized Subsequent to Acquisition - FF&E	1,122
Gross Amount Carried - Land and Improvements	1,914
Gross Amount Carried - Building and Improvements	6,286
Gross Amount Carried - FF&E	1,163
Total	9,363
Accumulated Depreciation	$ (2,743)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Seattle Mukilteo [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,894
Initial Cost - Building and Improvements	8,893
Initial Cost - FF&E	84
Cost Capitalized Subsequent to Acquisition - Land and Improvements	93
Cost Capitalized Subsequent to Acquisition - Building and Improvements	550
Cost Capitalized Subsequent to Acquisition - FF&E	817
Gross Amount Carried - Land and Improvements	1,987
Gross Amount Carried - Building and Improvements	9,443
Gross Amount Carried - FF&E	901
Total	12,331
Accumulated Depreciation	$ (3,143)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Seattle Renton [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,714
Initial Cost - Building and Improvements	5,924
Initial Cost - FF&E	62
Cost Capitalized Subsequent to Acquisition - Land and Improvements	130
Cost Capitalized Subsequent to Acquisition - Building and Improvements	952
Cost Capitalized Subsequent to Acquisition - FF&E	1,695
Gross Amount Carried - Land and Improvements	1,844
Gross Amount Carried - Building and Improvements	6,876
Gross Amount Carried - FF&E	1,757
Total	10,477
Accumulated Depreciation	$ (3,413)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Seattle Northgate [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,214
Initial Cost - Building and Improvements	8,655
Initial Cost - FF&E	86
Cost Capitalized Subsequent to Acquisition - Land and Improvements	87
Cost Capitalized Subsequent to Acquisition - Building and Improvements	924
Cost Capitalized Subsequent to Acquisition - FF&E	1,831
Gross Amount Carried - Land and Improvements	1,301
Gross Amount Carried - Building and Improvements	9,579
Gross Amount Carried - FF&E	1,917
Total	12,797
Accumulated Depreciation	$ (3,383)
Date Acquired	Oct. 8, 2010
Date of Construction	2002
Depreciable Lives	42 years
Tacoma South [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,162
Initial Cost - Building and Improvements	6,871
Initial Cost - FF&E	40
Cost Capitalized Subsequent to Acquisition - Land and Improvements	146
Cost Capitalized Subsequent to Acquisition - Building and Improvements	732
Cost Capitalized Subsequent to Acquisition - FF&E	1,117
Gross Amount Carried - Land and Improvements	1,308
Gross Amount Carried - Building and Improvements	7,603
Gross Amount Carried - FF&E	1,157
Total	10,068
Accumulated Depreciation	$ (3,011)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	40 years
Seattle Southcenter [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,005
Initial Cost - Building and Improvements	4,129
Initial Cost - FF&E	35
Cost Capitalized Subsequent to Acquisition - Land and Improvements	76
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,859
Cost Capitalized Subsequent to Acquisition - FF&E	1,240
Gross Amount Carried - Land and Improvements	1,081
Gross Amount Carried - Building and Improvements	5,988
Gross Amount Carried - FF&E	1,275
Total	8,344
Accumulated Depreciation	$ (2,797)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	33 years
Seattle Tukwila [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,056
Initial Cost - Building and Improvements	4,724
Initial Cost - FF&E	38
Cost Capitalized Subsequent to Acquisition - Land and Improvements	73
Cost Capitalized Subsequent to Acquisition - Building and Improvements	744
Cost Capitalized Subsequent to Acquisition - FF&E	987
Gross Amount Carried - Land and Improvements	1,129
Gross Amount Carried - Building and Improvements	5,468
Gross Amount Carried - FF&E	1,025
Total	7,622
Accumulated Depreciation	$ (2,562)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	32 years
Olympia Tumwater [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,428
Initial Cost - Building and Improvements	5,495
Initial Cost - FF&E	70
Cost Capitalized Subsequent to Acquisition - Land and Improvements	109
Cost Capitalized Subsequent to Acquisition - Building and Improvements	605
Cost Capitalized Subsequent to Acquisition - FF&E	1,101
Gross Amount Carried - Land and Improvements	1,537
Gross Amount Carried - Building and Improvements	6,100
Gross Amount Carried - FF&E	1,171
Total	8,808
Accumulated Depreciation	$ (2,570)
Date Acquired	Oct. 8, 2010
Date of Construction	2001
Depreciable Lives	41 years
Portland Vancouver [Member] | WASHINGTON
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,122
Initial Cost - Building and Improvements	5,671
Initial Cost - FF&E	42
Cost Capitalized Subsequent to Acquisition - Land and Improvements	163
Cost Capitalized Subsequent to Acquisition - Building and Improvements	786
Cost Capitalized Subsequent to Acquisition - FF&E	1,202
Gross Amount Carried - Land and Improvements	1,285
Gross Amount Carried - Building and Improvements	6,457
Gross Amount Carried - FF&E	1,244
Total	8,986
Accumulated Depreciation	$ (2,814)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Appleton Fox Cities [Member] | WISCONSIN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,129
Initial Cost - Building and Improvements	3,042
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	150
Cost Capitalized Subsequent to Acquisition - Building and Improvements	569
Cost Capitalized Subsequent to Acquisition - FF&E	995
Gross Amount Carried - Land and Improvements	1,279
Gross Amount Carried - Building and Improvements	3,611
Gross Amount Carried - FF&E	1,034
Total	5,924
Accumulated Depreciation	$ (1,851)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Milwaukee Brookfield [Member] | WISCONSIN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 2,579
Initial Cost - Building and Improvements	5,647
Initial Cost - FF&E	49
Cost Capitalized Subsequent to Acquisition - Land and Improvements	58
Cost Capitalized Subsequent to Acquisition - Building and Improvements	1,107
Cost Capitalized Subsequent to Acquisition - FF&E	1,350
Gross Amount Carried - Land and Improvements	2,637
Gross Amount Carried - Building and Improvements	6,754
Gross Amount Carried - FF&E	1,399
Total	10,790
Accumulated Depreciation	$ (2,970)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Madison Junction Court [Member] | WISCONSIN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,197
Initial Cost - Building and Improvements	2,790
Initial Cost - FF&E	39
Cost Capitalized Subsequent to Acquisition - Land and Improvements	77
Cost Capitalized Subsequent to Acquisition - Building and Improvements	655
Cost Capitalized Subsequent to Acquisition - FF&E	944
Gross Amount Carried - Land and Improvements	1,274
Gross Amount Carried - Building and Improvements	3,445
Gross Amount Carried - FF&E	983
Total	5,702
Accumulated Depreciation	$ (1,759)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	38 years
Madison Old Sauk Rd [Member] | WISCONSIN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,332
Initial Cost - Building and Improvements	2,506
Initial Cost - FF&E	46
Cost Capitalized Subsequent to Acquisition - Land and Improvements	149
Cost Capitalized Subsequent to Acquisition - Building and Improvements	531
Cost Capitalized Subsequent to Acquisition - FF&E	924
Gross Amount Carried - Land and Improvements	1,481
Gross Amount Carried - Building and Improvements	3,037
Gross Amount Carried - FF&E	970
Total	5,488
Accumulated Depreciation	$ (1,664)
Date Acquired	Oct. 8, 2010
Date of Construction	1998
Depreciable Lives	39 years
Milwaukee Waukesha [Member] | WISCONSIN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,311
Initial Cost - Building and Improvements	3,215
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	115
Cost Capitalized Subsequent to Acquisition - Building and Improvements	895
Cost Capitalized Subsequent to Acquisition - FF&E	1,081
Gross Amount Carried - Land and Improvements	1,426
Gross Amount Carried - Building and Improvements	4,110
Gross Amount Carried - FF&E	1,125
Total	6,661
Accumulated Depreciation	$ (2,052)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	37 years
Milwaukee Wauwatosa [Member] | WISCONSIN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,732
Initial Cost - Building and Improvements	5,151
Initial Cost - FF&E	44
Cost Capitalized Subsequent to Acquisition - Land and Improvements	104
Cost Capitalized Subsequent to Acquisition - Building and Improvements	707
Cost Capitalized Subsequent to Acquisition - FF&E	1,323
Gross Amount Carried - Land and Improvements	1,836
Gross Amount Carried - Building and Improvements	5,858
Gross Amount Carried - FF&E	1,367
Total	9,061
Accumulated Depreciation	$ (2,628)
Date Acquired	Oct. 8, 2010
Date of Construction	1997
Depreciable Lives	41 years
Lakeland I-4 [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,121
Initial Cost - Building and Improvements	8,036
Initial Cost - FF&E	843
Cost Capitalized Subsequent to Acquisition - Land and Improvements	12
Cost Capitalized Subsequent to Acquisition - Building and Improvements	135
Cost Capitalized Subsequent to Acquisition - FF&E	127
Gross Amount Carried - Land and Improvements	1,133
Gross Amount Carried - Building and Improvements	8,171
Gross Amount Carried - FF&E	970
Total	10,274
Accumulated Depreciation	$ (75)
Date Acquired	Nov. 12, 2019
Date of Construction	2007
Depreciable Lives	44 years
Tampa Gibsonton Riverview [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 0
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	0
Cost Capitalized Subsequent to Acquisition - Land and Improvements	2,984
Cost Capitalized Subsequent to Acquisition - Building and Improvements	7,568
Cost Capitalized Subsequent to Acquisition - FF&E	1,548
Gross Amount Carried - Land and Improvements	2,984
Gross Amount Carried - Building and Improvements	7,568
Gross Amount Carried - FF&E	1,548
Total	12,100
Accumulated Depreciation	$ (59)
Date Acquired	Dec. 10, 2019
Date of Construction	2019
Depreciable Lives	40 years
Phoenix Chandler Downtown [Member] | ARIZONA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 0
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	0
Cost Capitalized Subsequent to Acquisition - Land and Improvements	3,436
Cost Capitalized Subsequent to Acquisition - Building and Improvements	11,141
Cost Capitalized Subsequent to Acquisition - FF&E	1,763
Gross Amount Carried - Land and Improvements	3,436
Gross Amount Carried - Building and Improvements	11,141
Gross Amount Carried - FF&E	1,763
Total	16,340
Accumulated Depreciation	$ (75)
Date Acquired	Dec. 16, 2019
Date of Construction	2019
Depreciable Lives	40 years
Land Available For Development [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 1,821
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	0
Cost Capitalized Subsequent to Acquisition - Land and Improvements	(146)
Cost Capitalized Subsequent to Acquisition - Building and Improvements	0
Cost Capitalized Subsequent to Acquisition - FF&E	0
Gross Amount Carried - Land and Improvements	1,675
Gross Amount Carried - Building and Improvements	0
Gross Amount Carried - FF&E	0
Total	1,675
Accumulated Depreciation	$ 0
Date Acquired	Oct. 8, 2010
Development in Process [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	$ 0
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Construction in Progress	0
Cost Capitalized Subsequent to Acquisition - Land and Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Improvements	0
Cost Capitalized Subsequent to Acquisition - FF&E	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Construction in Progress	70,864
Gross Amount Carried - Land and Improvements	0
Gross Amount Carried - Building and Improvements	0
Gross Amount Carried - FF&E	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Construction in Progress	70,864
Total	70,864
Accumulated Depreciation	0
Management Business [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Improvements	0
Initial Cost - Building and Improvements	0
Initial Cost - FF&E	0
Cost Capitalized Subsequent to Acquisition - Land and Improvements	0
Cost Capitalized Subsequent to Acquisition - Building and Improvements	2,917
Cost Capitalized Subsequent to Acquisition - FF&E	29,005
Gross Amount Carried - Land and Improvements	0
Gross Amount Carried - Building and Improvements	2,917
Gross Amount Carried - FF&E	29,005
Total	31,922
Accumulated Depreciation	$ (20,178)
Date Acquired	Sep. 1, 2011
Minimum
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Montgomery Carmichael Rd [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Fayetteville Springdale [Member] | ARKANSAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Los Angeles Valencia [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Orlando Altamonte Springs [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Orlando Lake Mary 1036 Greenwood Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Orlando Lake Mary 1040 Greenwood Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Orlando Lake Buena Vista [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Orlando Maitland Summit Tower Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Atlanta Peachtree Corners [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Detroit Ann Arbor Briarwood Mall [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Detroit Auburn Hills I-75 [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Detroit Canton [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Detroit Madison Heights [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Detroit Southfield I-696 [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Detroit Southfield Northwestern Hwy [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Detroit Warren [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Charlotte Tyvola Rd Executive Park [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Charlotte University Place E McCullough Dr [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Greensboro Wendover Ave [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Syracuse Dewitt [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Columbus East [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Memphis Apple Tree [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Minimum | Austin North Central [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Maximum
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Montgomery Carmichael Rd [Member] | ALABAMA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Fayetteville Springdale [Member] | ARKANSAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Los Angeles Valencia [Member] | CALIFORNIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Orlando Altamonte Springs [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Orlando Lake Mary 1036 Greenwood Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Orlando Lake Mary 1040 Greenwood Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Orlando Lake Buena Vista [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Orlando Maitland Summit Tower Blvd [Member] | FLORIDA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Atlanta Peachtree Corners [Member] | GEORGIA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Detroit Ann Arbor Briarwood Mall [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Detroit Auburn Hills I-75 [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Detroit Canton [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Detroit Madison Heights [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Detroit Southfield I-696 [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Detroit Southfield Northwestern Hwy [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Detroit Warren [Member] | MICHIGAN
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Charlotte Tyvola Rd Executive Park [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Charlotte University Place E McCullough Dr [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Greensboro Wendover Ave [Member] | NORTH CAROLINA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Syracuse Dewitt [Member] | NEW YORK
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Columbus East [Member] | OHIO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Memphis Apple Tree [Member] | TENNESSEE
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
Maximum | Austin North Central [Member] | TEXAS
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years

Schedule III - Real Estate an_3

Schedule III - Real Estate and Accumulated Depreciation (Parenthetical) (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Impairment on the Operating Lessees	$ 24,215
Domestic Tax Authority
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Cost Capitalized Subsequent to Acquisition	$ 4,887,753
Minimum
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	2 years
Maximum
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Lives	10 years
ESH REIT | Domestic Tax Authority
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Cost Capitalized Subsequent to Acquisition	$ 4,862,139
Property Subject to Operating Lease
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Impairment on the Operating Lessees	$ 0

Schedule III - Real Estate an_4

Schedule III - Real Estate and Accumulated Depreciation - Summary of Activity of Investment in Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]
Balance, beginning of the period	$ 4,671,737	$ 4,895,933	$ 4,878,973
Capital Expenditures	251,158	196,545	166,378
Acquisitions	10,136	12,729	0
Dispositions and other	62,853	389,870	124,249
Impairment	2,679	43,600	25,169
Balance, end of period	4,867,499	4,671,737	4,895,933
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward]
Balance, beginning of the period	1,218,105	1,142,799	973,669
Depreciation	195,342	207,953	227,876
Dispositions and other	39,497	132,647	58,746
Balance, end of period	1,373,950	1,218,105	1,142,799
ESH REIT
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]
Balance, beginning of the period	4,683,544	4,918,804	4,874,018
Capital Expenditures	244,747	191,099	163,797
Acquisitions	10,136	12,733	0
Dispositions and other	59,812	439,092	103,965
Impairment	0	0	15,046
Balance, end of period	4,878,615	4,683,544	4,918,804
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward]
Balance, beginning of the period	1,215,899	1,143,164	959,449
Depreciation	193,081	207,278	225,484
Dispositions and other	36,385	134,543	41,769
Balance, end of period	$ 1,372,595	$ 1,215,899	$ 1,143,164

Uncategorized Items - stay-2019

Label	Element	Value
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 377,000
Retained Earnings [Member] | ESH Hospitality, Inc. [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 664,000