Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Investments in hotel properties, net	$ 4,160,563	$ 4,419,684
Cash and cash equivalents	347,091	215,078
Restricted cash	144,014	153,680
Marketable securities	53,185	0
Accounts receivable, net of allowance of $690 and $715, respectively	44,629	40,438
Inventories	4,530	4,810
Note receivable, net of allowance of $0 and $7,083, respectively	0	3,746
Investment in unconsolidated entities	58,779	62,568
Deferred costs, net	2,846	3,847
Prepaid expenses	17,578	12,458
Derivative assets, net	3,614	3,435
Other assets	11,718	10,647
Intangible asset, net	10,061	11,343
Due from Ashford Prime OP, net	0
Due from third-party hotel managers	13,348	22,869
Assets held for sale	19,588	0
Total assets	4,891,544	4,965,131
Liabilities:
Indebtedness, net	3,723,559	3,840,617
Accounts payable and accrued expenses	126,986	123,444
Dividends payable	24,765	22,678
Unfavorable management contract liabilities	1,380	3,355
Due to related party, net	1,001	1,339
Due to third-party hotel managers	2,714	2,504
Intangible liabilities, net	16,195	16,494
Other liabilities	16,548	14,539
Liabilities related to assets held for sale	37,047	0
Total liabilities	3,966,399	4,034,826
Commitments and contingencies (note 13)
Redeemable noncontrolling interests in operating partnership	132,768	118,449
Equity:
Common stock, $0.01 par value, 200,000,000 shares authorized, 96,376,827 and 95,470,903 shares issued and outstanding at December 31, 2016 and 2015, respectively	964	955
Additional paid-in capital	1,764,450	1,597,194
Accumulated deficit	(974,015)	(787,221)
Total stockholders’ equity of the Company	791,621	811,086
Noncontrolling interests in consolidated entities	756	770
Total equity	792,377	811,856
Total liabilities and equity	4,891,544	4,965,131
Series A Cumulative Preferred Stock, 1,657,206 shares issued and outstanding at December 31, 2016 and 2015
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	17	17
Series D Cumulative Preferred Stock, 9,468,706 shares issued and outstanding at December 31, 2016 and 2015
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	95	95
Series E Cumulative Preferred Stock, 0 and 4,630,000 shares issued and outstanding at December 31, 2016 and 2015, respectively
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	0	46
Series F Cumulative Preferred Stock, 4,800,000 and 0 shares issued and outstanding at December 31, 2016 and 2015, respectively
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	48	0
Series G Cumulative Preferred Stock, 6,200,000 and 0 shares issued and outstanding at December 31, 2016 and 2015, respectively
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	62	0
Ashford Inc. [Member]
Liabilities:
Due to affiliates	15,716	9,856
Ashford Prime OP [Member]
Assets
Due from Ashford Prime OP, net		528
Liabilities:
Due to affiliates	$ 488	$ 0