Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues
Total revenues	$ 1,612,213	$ 828,678	$ 769,317
Hotel operating expenses:
Total hotel operating expenses	974,168	511,834	467,973
Depreciation and amortization	234,880	108,475	102,290
Real estate taxes, personal property taxes, property insurance, and ground rent	125,013	54,191	48,500
General and administrative	34,047	20,945	20,062
Transaction costs	8,679	75,049	71
Other operating	(2,819)	2,147	(14,877)
(Gain) loss and other operating expenses	8,903	(10,935)	9,918
Total operating expenses	1,382,871	761,706	633,937
Operating income (loss)	229,342	66,972	135,380
Interest expense	(108,474)	(53,923)	(37,299)
Other	29	2,078	2,362
Income (loss) before income taxes	120,897	15,127	100,443
Income tax (expense) benefit	(5,172)	(1,742)	(181)
Net income (loss)	115,725	13,385	100,262
Net income (loss) attributable to non-controlling interests	283	(8)	374
Net income (loss) attributable to the Company	115,442	13,393	99,888
Distributions to preferred shareholders	(32,556)	(17,466)	(16,094)
Net income (loss) attributable to common shareholders	$ 82,886	$ (4,073)	$ 83,794
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ 0.63	$ (0.06)	$ 1.20
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ 0.63	$ (0.06)	$ 1.19
Weighted-average number of common shares, basic (in shares)	130,471,670	74,286,307	69,591,973
Weighted-average number of common shares, diluted (in shares)	130,718,306	74,286,307	69,984,837
Comprehensive Income:
Net income (loss)	$ 115,725	$ 13,385	$ 100,262
Other comprehensive income (loss):
Unrealized gain (loss) on derivative instruments	(26,045)	(2,907)	6,001
Comprehensive income (loss)	89,680	10,478	106,263
Comprehensive income (loss) attributable to non-controlling interests	209	(16)	395
Comprehensive income (loss) attributable to the Company	89,471	10,494	105,868
Room
Revenues
Total revenues	1,103,947	565,107	532,288
Hotel operating expenses:
Total hotel operating expenses	275,855	143,171	134,068
Food and beverage
Revenues
Total revenues	370,584	199,089	182,737
Hotel operating expenses:
Total hotel operating expenses	260,278	136,845	123,213
Other
Revenues
Total revenues	137,682	64,482	54,292
Hotel operating expenses:
Total hotel operating expenses	$ 438,035	$ 231,818	$ 210,692