Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.8.0.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
ntangible assets consisted of:
 
As of March 31, 2018
 
As of December 31, 2017
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Unamortized Intangible Assets:
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
421

 
 
 
 
 
$
423

 
 
 
 
Trademarks
$
683

 
 
 
 
 
$
683

 
 
 
 
Amortized Intangible Assets:
 
 
 
 
 
 
 
 
 
 
 
Franchise agreements
$
635

 
$
416

 
$
219

 
$
640

 
$
417

 
$
223

Management agreements
33

 
9

 
24

 
33

 
8

 
25

Trademarks
10

 
1

 
9

 
10

 
1

 
9

Other
6

 
3

 
3

 
6

 
3

 
3

 
$
684

 
$
429

 
$
255

 
$
689

 
$
429


$
260

Change in Goodwill
The changes in the carrying amount of goodwill are as follows:
 
Balance as of December 31, 2017
 
Adjustments to Goodwill
 
Balance as of March 31, 2018
 
 
 
 
 
 
Hotel Franchising
$
385

 
$
(2
)
 
$
383

Hotel Management
38

 

 
38

Total
$
423

 
$
(2
)
 
$
421

Amortization Expense of Amortizable Intangible Assets
Amortization expense relating to amortizable intangible assets was as follows:
 
Three Months Ended
 
March 31,
 
2018
 
2017
Franchise agreements
$
4

 
$
4

Management agreements
1

 
1

Total *
$
5


$
5

 
*    Included as a component of depreciation and amortization on the Condensed Combined Statements of Income.