CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
REVENUE
Total revenue	$ 115,830	$ 281,877
Hotel operating expenses:
Total hotel expenses	91,547	201,710
Property taxes, insurance and other	17,471	20,472
Depreciation and amortization	57,627	66,350
Impairment charges	0	27,613
Advisory services fee	12,161	15,299
Corporate, general and administrative	6,997	3,492
Total expenses	185,803	334,936
Gain (loss) on disposition of assets and hotel properties	(69)	3,623
OPERATING INCOME (LOSS)	(70,042)	(49,436)
Equity in earnings (loss) of unconsolidated entities	(137)	(79)
Interest income	13	611
Other income (expense)	229	1,522
Interest expense and amortization of discounts and loan costs	(33,264)	(57,085)
Write-off of premiums, loan costs and exit fees	(3,379)	(95)
Unrealized gain (loss) on marketable securities	0	(1,477)
Unrealized gain (loss) on derivatives	919	4,422
INCOME (LOSS) BEFORE INCOME TAXES	(105,661)	(101,617)
Income tax (expense) benefit	271	(303)
NET INCOME (LOSS)	(105,390)	(101,920)
(Income) loss attributable to noncontrolling interest in consolidated entities	81	48
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership	2,271	17,671
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY	(103,038)	(84,201)
Preferred dividends	818	(10,644)
Gain (loss) on extinguishment of preferred stock	10,635	0
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (91,585)	$ (94,845)
Basic:
Net income (loss) attributable to common stockholders (in dollars per share)	$ (1.10)	$ (9.40)
Weighted average common shares outstanding – basic (in shares)	83,046	10,047
Diluted:
Net income (loss) attributable to common stockholders (in dollars per share)	$ (1.10)	$ (9.40)
Weighted average common shares outstanding – diluted (in shares)	83,046	10,047
Total hotel revenue
REVENUE
Total revenue	$ 115,445	$ 281,105
Rooms
REVENUE
Total revenue	97,114	215,807
Hotel operating expenses:
Total hotel expenses	23,724	52,466
Food and beverage
REVENUE
Total revenue	7,903	47,950
Hotel operating expenses:
Total hotel expenses	6,527	34,901
Other hotel revenue
REVENUE
Total revenue	10,428	17,348
Hotel operating expenses:
Total hotel expenses	55,769	103,794
Other
REVENUE
Total revenue	385	772
Management fees
Hotel operating expenses:
Total hotel expenses	$ 5,527	$ 10,549