Quarterly report pursuant to Section 13 or 15(d)

Long-Lived Assets (Tables)

v3.20.2
Long-Lived Assets (Tables)
 6 Months Ended
Jun. 30, 2020
Long-Lived Assets [Abstract]  
Schedule of Impaired Intangible Assets [Table Text Block]
The following is the breakout of the intangible impairment charges for the three months ended June 30, 2020:
Intangible Asset
 
Book Value
 
Impairment Charges
 
Adjusted Fair Value
Owned hotel reporting unit goodwill
 
$
14

 
$
(14
)
 
$
—

La Quinta trademark
 
710

 
(155
)
 
555

Other trademarks (a)
 
103

 
(36
)
 
67

Total
 
$
827

 
$
(205
)
 
$
622

_____________________
(a)
Represents the impairments of three of the Company's trademarks.
Schedule of Intangible Assets and Goodwill
Intangible assets as of June 30, 2020 and December 31, 2019 consisted of the following:
 
June 30, 2020
 
December 31, 2019
 
Gross
Carrying
Amount
 
Accumulated
Impairment
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Impairment
 
Net
Carrying
Amount
Goodwill
$
1,539

 
$
(14
)
 
$
1,525

 
$
1,539

 
$
—

 
$
1,539

 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2020
 
December 31, 2019
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Unamortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
 
 
 
$
1,202

 
 
 
 
 
$
1,393

 
 
 
 
 
 
 
 
 
 
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Franchise agreements
$
895

 
$
473

 
$
422

 
$
895

 
$
460

 
$
435

Management agreements
136

 
27

 
109

 
137

 
23

 
114

Trademarks
2

 
1

 
1

 
3

 
1

 
2

Other
2

 
1

 
1

 
3

 
1

 
2

 
$
1,035

 
$
502

 
$
533

 
$
1,038

 
$
485

 
$
553