CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (83,205)	$ (280,019)
Adjustments to reconcile net loss to net cash used in operating activities:
Bad debt expense	157	367
Loss on sale of assets	70
Gain on extinguishment of debt	(310)
Noncash interest on derivatives	(1,578)	6,296
Depreciation	63,478	71,264
Amortization of franchise fees and other intangibles	21	21
Amortization of deferred financing costs	1,472	1,396
Amortization of deferred stock compensation	7,411	5,271
Impairment losses		133,466
Deferred income taxes, net		7,415
Changes in operating assets and liabilities:
Accounts receivable	(16,771)	30,394
Prepaid expenses and other assets	4,426	6,447
Accounts payable and other liabilities	10,191	(6,497)
Accrued payroll and employee benefits	1,384	(10,157)
Operating lease right-of-use assets and obligations	(669)	(593)
Net cash used in operating activities	(13,923)	(34,929)
CASH FLOWS FROM INVESTING ACTIVITIES
Disposition deposit		3,500
Acquisition of hotel properties and other assets	(195,646)	(1,346)
Renovations and additions to hotel properties and other assets	(16,785)	(32,849)
Payment for interest rate derivative		(111)
Net cash used in investing activities	(212,431)	(30,806)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from preferred stock offerings	115,000
Redemption of preferred stock	(115,000)
Proceeds from common stock offerings	38,443
Repurchases of outstanding common stock		(103,894)
Repurchases of common stock for employee tax obligations	(4,877)	(3,992)
Proceeds from credit facility		300,000
Payment on credit facility		(250,000)
Payments on notes payable	(1,642)	(3,616)
Dividends and distributions paid	(7,969)	(149,856)
Distributions to noncontrolling interest		(2,000)
Contributions from noncontrolling interest	1,375	500
Net cash provided by (used in) financing activities	20,603	(212,858)
Net decrease in cash and cash equivalents and restricted cash	(205,751)	(278,593)
Cash and cash equivalents and restricted cash, beginning of period	416,139	864,973
Cash and cash equivalents and restricted cash, end of period	210,388	586,380
Supplemental Disclosure of Cash Flow Information
Cash and cash equivalents	162,898	540,420
Restricted cash	47,490	45,960
Cash and cash equivalents and restricted cash, end of period	210,388	586,380
Cash paid for interest	15,699	20,912
Cash paid for income taxes, net	5	90
Operating cash flows used for operating leases	3,364	4,054
Changes in operating lease right-of-use assets	1,836	1,892
Changes in operating lease obligations	(2,505)	(2,485)
Changes in operating lease right-of-use assets and lease obligations, net	(669)	(593)
Supplemental Disclosure of Noncash Investing and Financing Activities
Accrued renovations and additions to hotel properties and other assets	7,114	10,219
Issuance of preferred stock in connection with hotel acquisition	66,250
Preferred stock redemption charge	4,016
Amortization of deferred stock compensation - construction activities	242	246
Dividends and distributions payable	2,225	$ 3,207
Hilton Times Square
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on extinguishment of debt	(300)
Preferred Stock
CASH FLOWS FROM FINANCING ACTIVITIES
Payment of stock issuance costs	(3,943)
Common Stock
CASH FLOWS FROM FINANCING ACTIVITIES
Payment of stock issuance costs	$ (784)