CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Investment in hotel properties, net	$ 2,838,560	$ 2,585,279
Operating lease right-of-use assets, net	10,483	12,755
Cash and cash equivalents	159,151	426,403
Restricted Cash	74,853	67,295
Accounts receivable, net	37,793	31,206
Prepaid expenses and other assets, net	28,897	26,383
Total assets	3,149,737	3,149,321
LIABILITIES
Debt, net of unamortized deferred financing costs	814,263	814,559
Operating lease obligations, current and noncurrent	14,345	16,735
Accounts payable and accrued expenses	57,103	48,410
Dividends and distributions payable	22,987	29,965
Other liabilities	76,112	73,014
Total liabilities	984,810	982,683
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock, $0.01 par value, 500,000,000 shares authorized, 203,390,392 shares issued and outstanding at June 30, 2024 and 203,479,585 shares issued and outstanding at December 31, 2023	2,034	2,035
Additional paid in capital	2,415,764	2,416,417
Distributions in excess of retained earnings	(534,121)	(533,064)
Total stockholders' equity	2,164,927	2,166,638
Total equity	2,164,927	2,166,638
Total liabilities and stockholders' equity	3,149,737	3,149,321
Series G Cumulative Redeemable Preferred Stock
Stockholders' equity:
Cumulative Redeemable Preferred Stock	66,250	66,250
Series H Cumulative Redeemable Preferred Stock
Stockholders' equity:
Cumulative Redeemable Preferred Stock	115,000	115,000
Series I Cumulative Redeemable Preferred Stock
Stockholders' equity:
Cumulative Redeemable Preferred Stock	$ 100,000	$ 100,000