64 unchanged sentences
Held For Sale:
+Added: Alabama 1 $ 8,250 $ 3,775 — $ — $ — 1 $ 8,250 $ 3,775
+Added: Georgia — — — 1 804 518 1 804 518
Illinois — — — 2 374 374 2 374 374
Indiana — — — 1 73 73 1 73 73
+Added: Iowa — — — 1 1,653 701 1 1,653 701
Michigan 2 15,245 8,676 1 77 77 3 15,322 8,753
2 unchanged sentences
Ohio — — — 3 2,635 1,535 3 2,635 1,535
+Added: Pennsylvania 2 20,862 10,230 — — — 2 20,862 10,230
+Added: Texas 1 14,066 6,715 — — — 1 14,066 6,715
Total 8 $ 85,140 $ 38,537 9 $ 5,616 $ 3,278 17 $ 90,756 $ 41,815
4 unchanged sentences
At December 31, 2024, eight of our hotels and 13 of our net lease properties were on land we leased partially or entirely from unrelated third parties.
−Removed: The average remaining term of the ground leases (including renewal options) for our hotels and our net lease properties is approximately 39 years (range of 11 to 64 years) and 16 years (range of three months to 41 years), respectively.
+Added: The average remaining term of the ground leases (including renewal options) for our hotels and our net lease properties is approximately 38 years (range of ten to 63 years) and 18 years (range of four months to 40 years), respectively.
Ground rent payable under three of the hotel ground leases is generally calculated as a percentage of hotel revenues.
6 unchanged sentences
At December 31, 2024, the aggregate depreciated carrying value of our properties subject to ground leases was as follows (dollars in thousands):
+Added: Eight hotels (1)
13 net lease (2)
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.