Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Cash flows from operating activities:
Net income	$ 171,917	$ 206,086	$ 182,492
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	193,240	183,482	176,499
Loss on impairment of depreciable real estate assets	6,467	3,135	45,875
Gain on sale of real estate	(5,021)	(152)	(16,295)
Other non-cash expenses, net	4,520	7,972	7,120
Changes in operating assets and liabilities:
Decrease in due from third party managers, net	2,221	2,027	17
(Increase) decrease in other assets, net	(821)	(772)	11,235
Increase (decrease) in accounts payable and other liabilities	9,151	3,034	(22,872)
Net cash provided by operating activities	381,674	404,812	384,071
Cash flows from investing activities:
Acquisition of hotel properties, net	(59,424)	(150,746)	(162,903)
Deposits and other disbursements for potential acquisitions	(1,229)	(537)	(1,359)
Capital improvements	(74,896)	(74,293)	(63,305)
Net proceeds from sale of real estate	121,225	15,416	69,311
Net cash used in investing activities	(14,324)	(210,160)	(158,256)
Cash flows from financing activities:
Net proceeds related to issuance of common shares	0	4,677	132,993
Repurchases of common shares	(4,335)	(104,304)	0
Repurchases of common shares to satisfy employee withholding requirements	(577)	(1,525)	(692)
Distributions paid to common shareholders	(268,672)	(275,892)	(267,917)
Net (payments on) proceeds from existing revolving credit facility	(217,900)	268,800	0
Net payments on extinguished revolving credit facility	0	(106,900)	(163,100)
Proceeds from term loans	160,000	575,000	85,000
Repayment of term loans	0	(575,000)	0
Proceeds from mortgage debt	0	44,000	30,000
Payments of mortgage debt	(33,806)	(12,663)	(39,920)
Financing costs	(1,031)	(7,004)	(1,813)
Net cash used in financing activities	(366,321)	(190,811)	(225,449)
Net change in cash, cash equivalents and restricted cash	1,029	3,841	366
Cash, cash equivalents and restricted cash, beginning of period	33,632	29,791	29,425
Cash, cash equivalents and restricted cash, end of period	34,661	33,632	29,791
Supplemental cash flow information:
Interest paid	59,877	50,312	46,885
Income taxes paid	790	887	877
Supplemental disclosure of noncash investing and financing activities:
Accrued distribution to common shareholders	22,386	22,400	23,020
Mortgage debt assumed by buyer upon sale of real estate	0	0	27,073
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents, beginning of period	0	0	0
Restricted cash-furniture, fixtures and other escrows, beginning of period	33,632	29,791	29,425
Cash and cash equivalents, end of period	0	0	0
Restricted cash-furniture, fixtures and other escrows, end of period	$ 34,661	$ 33,632	$ 29,791