CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 153,004,000	$ 140,677,000	$ 355,519,000
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense	730,000	618,000	238,000
Gain on sale of assets, net	(52,747,000)	(18,422,000)	(242,234,000)
Loss on extinguishment of debt	824,000	284,000	2,964,000
Gain on redemption of note receivable			(939,000)
Noncash interest on derivatives and capital lease obligations, net	3,106,000	(1,426,000)	(309,000)
Depreciation	155,962,000	159,919,000	160,405,000
Amortization of franchise fees and other intangibles	3,141,000	3,743,000	6,479,000
Amortization of deferred financing fees	2,409,000	2,200,000	3,148,000
Amortization of deferred stock compensation	8,042,000	7,157,000	9,695,000
Impairment loss	40,053,000	0	0
Hurricane-related loss	201,000
Deferred income taxes, net	(9,235,000)
Changes in operating assets and liabilities:
Restricted cash	3,998,000	17,625,000	8,536,000
Accounts receivable	3,175,000	(8,401,000)	1,775,000
Inventories	(16,000)	40,000	44,000
Prepaid expenses and other assets	(1,820,000)	977,000	1,445,000
Accounts payable and other liabilities	(822,000)	476,000	4,619,000
Accrued payroll and employee benefits	784,000	(54,000)	(2,060,000)
Net cash provided by operating activities	310,789,000	305,413,000	309,325,000
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of assets	150,215,000	41,587,000	565,115,000
Disposition deposit		250,000
Proceeds from redemption of note receivable			1,125,000
Restricted cash - replacement reserve	(7,384,000)	(9,368,000)	(2,642,000)
Acquisitions of hotel property and other assets, net	(173,728,000)	(2,447,000)
Renovations and additions to hotel properties	(115,097,000)	(182,185,000)	(164,232,000)
Payment for interest rate derivatives	(125,000)		(13,000)
Net cash (used in) provided by investing activities	(146,119,000)	(152,163,000)	399,353,000
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from preferred stock offerings		190,000,000
Payment of preferred stock offering costs		(6,640,000)
Redemption of preferred stock		(115,000,000)
Proceeds from common stock offerings	79,407,000	55,133,000
Payment of common stock offering costs	(1,475,000)	(941,000)
Repurchase of common stock for employee withholding obligations	(3,793,000)	(2,641,000)	(9,264,000)
Proceeds from notes payable and credit facility	460,000,000	100,000,000	123,000,000
Payments on notes payable and credit facility	(405,542,000)	(265,536,000)	(450,812,000)
Payments of costs related to extinguishment of notes payable	(1,000)	(173,000)	(1,245,000)
Payments of deferred financing costs	(3,537,000)	(1,759,000)	(5,861,000)
Dividends and distributions paid	(163,014,000)	(227,486,000)	(77,544,000)
Distributions to noncontrolling interest	(8,250,000)	(7,737,000)	(9,981,000)
Net cash used in financing activities	(46,205,000)	(282,780,000)	(431,707,000)
Net increase (decrease) in cash and cash equivalents	118,465,000	(129,530,000)	276,971,000
Cash and cash equivalents, beginning of year	369,537,000	499,067,000	222,096,000
Cash and cash equivalents, end of year	488,002,000	369,537,000	499,067,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest	40,987,000	50,107,000	63,552,000
Cash paid for income taxes, net	1,433,000	1,241,000	583,000
NONCASH INVESTING ACTIVITY
(Decrease) increase in accounts payable related to renovations and additions to hotel properties and other assets	(3,180,000)	6,429,000	8,268,000
Amortization of deferred stock compensation - construction activities	472,000	591,000	580,000
NONCASH FINANCING ACTIVITY
Preferred stock redemption charge		4,052,000
Issuance of common stock distributions		78,823,000	37,349,000
Dividends and distributions payable	$ 133,894,000	$ 119,847,000	$ 265,124,000