CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 39,177	$ 64,165
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense	164	71
Gain on sale of assets, net	(457)
Gain on extinguishment of debt	(59)	(9,921)
Noncash interest on derivatives, net	(2,231)	(1,879)
Depreciation	59,554	64,480
Amortization of franchise fees and other intangibles	598	223
Amortization of deferred financing costs	1,478	1,220
Amortization of deferred stock compensation	5,951	5,752
Gain on insurance recoveries	(314)	(3,722)
Changes in operating assets and liabilities:
Accounts receivable	(3,399)	(2,205)
Prepaid expenses and other assets	(1,034)	(243)
Accounts payable and other liabilities	(6,033)	(10,884)
Operating lease right-of-use assets and obligations	(118)	(69)
Net cash provided by operating activities	93,277	106,988
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of hotel property	(229,330)
Proceeds from property insurance	168
Renovations and additions to hotel properties and other assets	(68,686)	(49,219)
Net cash used in investing activities	(297,848)	(49,219)
CASH FLOWS FROM FINANCING ACTIVITIES
Acquisition of noncontrolling interest, including transaction costs		(299)
Payment of stock issuance costs		(428)
Repurchases of outstanding common stock	(3,622)	(21,481)
Repurchases of common stock for employee tax obligations	(3,217)	(3,348)
Proceeds from notes payable		225,000
Payments on notes payable	(1,072)	(221,036)
Payments of deferred financing costs		(2,332)
Dividends and distributions paid	(47,212)	(27,537)
Net cash used in financing activities	(55,123)	(51,461)
Net (decrease) increase in cash and cash equivalents and restricted cash	(259,694)	6,308
Cash and cash equivalents and restricted cash, beginning of period	493,698	157,206
Cash and cash equivalents and restricted cash, end of period	234,004	163,514
Supplemental Disclosure of Cash Flow Information
Cash and cash equivalents	159,151	107,846
Restricted cash	74,853	55,668
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	234,004	163,514
Cash paid for interest, net of capitalized interest	25,517	24,330
Cash paid for income taxes, net	3,391	1,128
Operating cash flows used for operating leases	2,802	2,782
Changes in operating lease right-of-use assets	2,272	2,189
Changes in operating lease obligations	(2,390)	(2,258)
Changes in operating lease right-of-use assets and lease obligations, net	(118)	(69)
Supplemental Disclosure of Noncash Investing and Financing Activities
Accrued renovations and additions to hotel properties and other assets	23,876	14,593
Operating lease right-of-use asset obtained in exchange for operating lease obligation		2,163
Amortization of deferred stock compensation - construction activities	234	235
Dividends and distributions payable	$ 22,987	$ 14,891