Quarterly report pursuant to Section 13 or 15(d)

Long-Lived Assets (Tables)

v3.20.2
Long-Lived Assets (Tables)
 9 Months Ended
Sep. 30, 2020
Long-Lived Assets [Abstract]  
Schedule of Impaired Intangible Assets [Table Text Block]
The following is the breakout of the intangible impairment charges recorded in the second quarter of 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
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(a)    Represents the impairments of three of the Company's trademarks.
Schedule of Intangible Assets and Goodwill
Intangible assets as of September 30, 2020 and December 31, 2019 consisted of the following:
September 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 
September 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  $ 480  $ 415  $ 895  $ 460  $ 435 
Management agreements 136  30  106  137  23  114 
Trademarks 2  1  1  3  1  2 
Other
 2  1  1  3  1  2 
$ 1,035  $ 512  $ 523  $ 1,038  $ 485  $ 553