What cost method for hotels properties?
NOTE 6 HOTEL PROPERTIES Hotel properties consist of the following: Accumulated As at December 31, 2018 Impairment Accumulated Net Book Cost Provision Amortization Value Land $97,111 ($2,407) $- $94,704 Buildings 590,882 (46,382) (34,423) 510,077 Furniture, fixtures, equipment and other 100,419 (5,469) (33,653) 61,297 $788,412 ($54,258) ($68,076) $666,078 Accumulated As at December 31, 2017 Impairment Accumulated Net Book Cost Provision Amortization Value Land $91,984 ($2,407) $ $89,577 Buildings 533,313 (19,483) (21,462) 492,368 Furniture, fixtures, equipment and other 83,788 (2,700) (21,272) 59,816 $709,085 ($24,590) ($42,734) $641,761 Hotel property under development 27,265 27,265 $736,350 ($24,590) ($42,734) $669,026Transactions in hotel properties for the year ended December 31, 2018, are summarized as follows: Opening As at December 31, 2018 Net Book Impairment Closing Provision Transfer Amortization Net Book Value Additions Value Land $89,577 $- $- $5,127 $- $94,704 Buildings 492,368 8,082 (26,899) 49,487 (12,961) 510,077 Furniture, fixtures, equipment and other 59,816 8,947 (2,769) 7,684 (12,381) 61,297 $641,761 $17,029 ($29,668) $62,298 ($25,342) $666,078 Hotel property under development 27,265 35,033 (62,298) $669,026 $52,062 ($29,668) $- ($25,342) $666,078 Transactions in hotel properties for the year ended December 31, 2017, are summarized as follows: Opening Impairment Closing As at December 31, 2017 Net Book Value Additions Provision Disposals Amortization Net Book Value Land $93,334 $- ($2,407) ($1,350) $- $89,577 Buildings 522,189 10,412 (19,483) (7,245) (13,505) 492,368 Furniture, fixtures, equipment and other 70,001 6,374 (2,700) (724) (13, 135) 59,816 $685,524 $16,786 ($24,590) ($9,319) ($26,640) $641,761 Hotel property under development 20,139 7,126 27,265 $705,663 $23,912 ($24,590) ($9,319) ($26,640) $669,026