CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Investment in hotel properties, net	$ 2,849,875	$ 2,585,279
Operating lease right-of-use assets, net	9,330	12,755
Cash and cash equivalents	115,542	426,403
Restricted Cash	77,018	67,295
Accounts receivable, net	34,110	31,206
Prepaid expenses and other assets, net	30,666	26,383
Total assets	3,116,541	3,149,321
LIABILITIES
Debt, net of unamortized deferred financing costs	814,112	814,559
Operating lease obligations, current and noncurrent	13,039	16,735
Accounts payable and accrued expenses	63,644	48,410
Dividends and distributions payable	22,619	29,965
Other liabilities	78,332	73,014
Total liabilities	991,746	982,683
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock, $0.01 par value, 500,000,000 shares authorized, 200,919,457 shares issued and outstanding at September 30, 2024 and 203,479,585 shares issued and outstanding at December 31, 2023	2,009	2,035
Additional paid in capital	2,394,525	2,416,417
Distributions in excess of retained earnings	(552,989)	(533,064)
Total stockholders' equity	2,124,795	2,166,638
Total equity	2,124,795	2,166,638
Total liabilities and stockholders' equity	3,116,541	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