CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 17,351	$ 42,426
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense	330	319
Loss (gain) on sale of assets, net	8,751	(457)
Loss (gain) on extinguishment of debt, net	180	(59)
Noncash interest on derivatives, net	668	1,095
Depreciation	99,188	90,862
Amortization of franchise fees and other intangibles	1,140	979
Amortization of Debt Issuance Costs	2,782	2,219
Amortization of deferred stock compensation	6,741	8,381
Gain on insurance recoveries	(773)	(314)
Changes in operating assets and liabilities:
Accounts receivable	4,344	(17)
Prepaid expenses and other assets	(3,975)	(5,555)
Increase (Decrease) in Accounts Payable and Other Operating Liabilities	8,864	275
Operating lease right-of-use assets and obligations	(458)	(271)
Net cash provided by operating activities	145,133	139,883
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of hotel property	46,348
Acquisition of hotel property and other assets	(1,269)	(229,330)
Acquisition-related key money proceeds	4,000
Proceeds from Insurance Settlement, Investing Activities	875	314
Renovations and additions to hotel properties and other assets	(73,694)	(110,241)
Net cash used in investing activities	(23,740)	(339,257)
CASH FLOWS FROM FINANCING ACTIVITIES
Repurchases of outstanding common stock	(100,727)	(26,294)
Repurchases of common stock for employee tax obligations	(4,278)	(4,160)
Proceeds from Unsecured Lines of Credit	50,000
Payment on credit facility	(50,000)
Proceeds from Issuance of Debt	149,600
Payments on notes payable	(64,600)	(1,613)
Payments of deferred financing costs	(17,981)
Dividends and distributions paid	(66,115)	(69,697)
Net cash used in financing activities	(104,101)	(101,764)
Net increase (decrease) in cash and cash equivalents and restricted cash	17,292	(301,138)
Cash and cash equivalents and restricted cash, beginning of period	180,277	493,698
Cash and cash equivalents and restricted cash, end of period	197,569	192,560
Supplemental Disclosure of Cash Flow Information
Cash and Cash Equivalents, at Carrying Value	121,136	115,542
Restricted cash	76,433	77,018
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	197,569	192,560
Cash paid for interest, net of capitalized interest	38,298	39,734
Cash paid for income taxes, net	(1,222)	3,476
Operating Lease, Payments	4,546	4,288
Changes in operating lease right-of-use assets	3,636	3,425
Changes in operating lease obligations	(4,094)	(3,696)
Changes in operating lease right-of-use assets and lease obligations, net	(458)	(271)
Supplemental Disclosure of Noncash Investing and Financing Activities
Capital Expenditures Incurred but Not yet Paid	23,408	25,247
Operating lease right-of-use asset obtained in exchange for operating lease obligation	649
Amortization of deferred stock compensation - construction activities	526	155
Dividends and distributions payable	$ 22,060	$ 22,619