Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Room	$ 142,522	$ 148,450	$ 268,092	$ 279,854
Food and beverage	48,387	49,673	92,019	100,369
Other operating	14,808	14,149	27,784	28,294
Total revenues	205,717	212,272	387,895	408,517
Hotel operating expenses:
Room	34,640	34,094	67,623	66,319
Food and beverage	32,202	32,532	61,490	66,569
Other direct and indirect	54,281	55,679	106,449	111,327
Total hotel operating expenses	121,123	122,305	235,562	244,215
Depreciation and amortization	25,950	25,859	52,246	50,920
Real estate taxes, personal property taxes, property insurance, and ground rent	12,038	12,428	25,750	24,893
General and administrative	6,427	6,355	12,578	13,157
Impairment loss	0	0	1,049	0
Total operating expenses	165,538	166,947	327,185	333,185
Operating income (loss)	40,179	45,325	60,710	75,332
Interest income	96	620	96	1,245
Interest expense	(9,705)	(11,432)	(19,046)	(22,233)
Other	(64)	(101)	0	(1,872)
Gain on sale of hotel properties	14,587	40,326	14,587	40,326
Equity in earnings (loss) of joint venture	0	1,682	0	(3,233)
Income (loss) before income taxes	45,093	76,420	56,347	89,565
Income tax (expense) benefit	(1,423)	(1,982)	1,412	1,510
Net income (loss)	43,670	74,438	57,759	91,075
Net income (loss) attributable to non-controlling interests	158	248	213	306
Net income (loss) attributable to the Company	43,512	74,190	57,546	90,769
Distributions to preferred shareholders	(4,024)	(4,241)	(8,047)	(10,085)
Issuance costs of redeemed preferred shares	0	0	0	(4,169)
Net income (loss) attributable to common shareholders	$ 39,488	$ 69,949	$ 49,499	$ 76,515
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ 0.57	$ 0.97	$ 0.70	$ 1.06
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ 0.57	$ 0.96	$ 0.70	$ 1.05
Weighted-average number of common shares, basic (in shares)	69,168,788	71,922,904	70,383,149	71,879,859
Weighted-average number of common shares, diluted (in shares)	69,468,354	72,319,784	70,706,802	72,373,376
Comprehensive Income:
Net income (loss)	$ 43,670	$ 74,438	$ 57,759	$ 91,075
Other comprehensive income (loss):
Unrealized gain (loss) on derivative instruments	(1,293)	(4,635)	811	(16,119)
Comprehensive income (loss)	42,377	69,803	58,570	74,956
Comprehensive income (loss) attributable to non-controlling interests	154	234	216	254
Comprehensive income (loss) attributable to the Company	$ 42,223	$ 69,569	$ 58,354	$ 74,702