|
4.
Deferred Expenses:
At December 31, 2000 and 1999 deferred expenses consisted of:
|
|
2000
|
|
1999
|
|
Franchise fees
|
$
1,824
|
|
$
1,679
|
|
Debt facility fees
|
3,604
|
|
3,513
|
|
Interest rate caps
|
58
|
|
58
|
|
Acquisition costs
|
16
|
|
27
|
|
Disposition costs
|
--
|
|
25
|
|
|
|
|
|
|
|
5,502
|
|
5,302
|
|
Less accumulated amortization
|
2,127
|
|
1,230
|
|
|
|
|
|
|
Deferred expenses, net
|
$
3,375
|
|
$
4,072
|
|
|
|
|
|
|