CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ 20,488	$ 73,303	$ (105,329)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Bad debt expense		846	322
(Gain) loss on sale of assets		(22,946)	82
Loss (gain) on extinguishment of debt, net	770	962	(371)
Noncash interest on derivatives, net		(2,904)	(2,194)
Depreciation		93,573	96,053
Amortization of franchise fees and other intangibles		387	31
Amortization of deferred financing costs	589	1,940	2,207
Amortization of deferred stock compensation		8,661	10,576
Gain on hurricane-related damage		(4,369)
Impairment loss			1,014
Changes in operating assets and liabilities:
Accounts receivable		(16,279)	(20,241)
Prepaid expenses and other assets		5,465	(3,228)
Accounts payable and other liabilities		10,831	23,403
Accrued payroll and employee benefits		1,278	7,083
Operating lease right-of-use assets and obligations		(1,050)	(1,004)
Net cash provided by operating activities		149,698	8,404
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of assets		191,291
Acquisition and disposition deposits, net			(3,900)
Proceeds from property insurance		4,369
Acquisitions of hotel properties and other assets		(232,506)	(195,706)
Renovations and additions to hotel properties and other assets		(97,539)	(41,910)
Payment for interest rate derivative			(80)
Net cash used in investing activities		(134,385)	(241,596)
CASH FLOWS FROM FINANCING ACTIVITIES
Acquisition of noncontrolling interest, including transaction costs		(101,348)
Proceeds from preferred stock offerings			215,000
Redemptions of preferred stock			(190,000)
Proceeds from common stock offerings			38,443
Repurchases of outstanding common stock		(86,646)
Repurchases of common stock for employee tax obligations		(3,351)	(4,877)
Proceeds from credit facility		230,000
Payment on credit facility		(230,000)
Proceeds from notes payable		243,615
Payments on notes payable		(38,405)	(2,461)
Payments of deferred financing costs		(7,404)
Dividends and distributions paid		(11,059)	(10,745)
Distribution to noncontrolling interest		(5,500)
Contribution from noncontrolling interest			1,375
Net cash (used in) provided by financing activities		(10,189)	38,664
Net increase (decrease) in cash and cash equivalents and restricted cash		5,124	(194,528)
Cash and cash equivalents and restricted cash, beginning of period		162,717	416,139
Cash and cash equivalents and restricted cash, end of period	167,841	167,841	221,611
Supplemental Disclosure of Cash Flow Information
Cash and cash equivalents	117,588	117,588	179,487
Restricted cash	50,253	50,253	42,124
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	167,841	167,841	221,611
Cash paid for interest		24,279	26,629
Cash paid for income taxes, net		218	45
Operating cash flows used for operating leases		5,080	5,077
Changes in operating lease right-of-use assets		3,020	2,804
Changes in operating lease obligations		(4,070)	(3,808)
Changes in operating lease right-of-use assets and lease obligations, net		(1,050)	(1,004)
Supplemental Disclosure of Noncash Investing and Financing Activities
Accrued renovations and additions to hotel properties and other assets		17,630	9,932
Amortization of deferred stock compensation - construction activities		361	366
Preferred stock redemption charges			6,640
Dividends and distributions payable	13,961	13,961	3,112
Montage Healdsburg
Supplemental Disclosure of Noncash Investing and Financing Activities
Issuance of preferred stock in connection with hotel acquisition			66,250
Hyatt Centric Chicago Magnificent Mile
Supplemental Disclosure of Noncash Investing and Financing Activities
Disposition deposit received in prior year in connection with sale of hotel		4,000
Assignment of finance lease right-of-use asset in connection with sale of hotel	44,712	44,712
Assignment of finance lease obligation in connection with sale of hotel	15,569	15,569
Hilton Garden Inn Chicago Downtown/Magnificent Mile
Supplemental Disclosure of Noncash Investing and Financing Activities
Assignment of operating lease right-of-use asset in connection with sale of hotel	2,275	2,275
Assignment of operating lease obligation in connection with sale of hotel	$ 2,609	2,609
Preferred Stock
CASH FLOWS FROM FINANCING ACTIVITIES
Payment of stock issuance costs			(7,287)
Common Stock
CASH FLOWS FROM FINANCING ACTIVITIES
Payment of stock issuance costs		$ (91)	$ (784)