Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues
Total revenues	$ 442,083	$ 206,501	$ 809,252	$ 387,556
Hotel operating expenses:
Total hotel operating expenses	251,008	120,008	487,815	234,151
Depreciation and amortization	53,299	24,562	107,601	49,464
Real estate taxes, personal property taxes, property insurance, and ground rent	30,984	12,488	62,421	24,603
General and administrative	8,809	5,794	17,438	8,131
Transaction costs	1,044	1,979	3,541	2,357
(Gain) loss and other operating expenses	1,130	(6,811)	4,690	(11,019)
Total operating expenses	346,274	158,020	683,506	307,687
Operating income (loss)	95,809	48,481	125,746	79,869
Interest expense	(28,719)	(10,816)	(58,047)	(20,627)
Other	7	22,968	16	25,478
Income (loss) before income taxes	67,097	60,633	67,715	84,720
Income tax (expense) benefit	(6,579)	(2,338)	(1,542)	(1,909)
Net income (loss)	60,518	58,295	66,173	82,811
Net income (loss) attributable to non-controlling interests	145	192	165	299
Net income (loss) attributable to the Company	60,373	58,103	66,008	82,512
Distributions to preferred shareholders	(8,139)	(4,024)	(16,278)	(8,047)
Net income (loss) attributable to common shareholders	$ 52,234	$ 54,079	$ 49,730	$ 74,465
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ 0.40	$ 0.78	$ 0.38	$ 1.08
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ 0.40	$ 0.78	$ 0.38	$ 1.07
Weighted-average number of common shares, basic (in shares)	130,484,956	68,912,185	130,458,164	68,894,413
Weighted-average number of common shares, diluted (in shares)	130,595,854	69,204,571	130,662,407	69,227,098
Comprehensive Income:
Net income (loss)	$ 60,518	$ 58,295	$ 66,173	$ 82,811
Other comprehensive income (loss):
Unrealized gain (loss) on derivative instruments	(21,089)	2,012	(30,128)	7,290
Other	0	579	0	0
Comprehensive income (loss)	39,429	60,886	36,045	90,101
Comprehensive income (loss) attributable to non-controlling interests	86	201	80	324
Comprehensive income (loss) attributable to the Company	39,343	60,685	35,965	89,777
Room
Revenues
Total revenues	306,291	142,018	555,277	264,489
Hotel operating expenses:
Total hotel operating expenses	70,454	33,157	137,829	64,865
Food and beverage
Revenues
Total revenues	97,965	49,210	184,715	93,778
Hotel operating expenses:
Total hotel operating expenses	66,934	32,328	130,291	62,924
Other
Revenues
Total revenues	37,827	15,273	69,260	29,289
Hotel operating expenses:
Total hotel operating expenses	$ 113,620	$ 54,523	$ 219,695	$ 106,362