Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues:
Total revenues	$ 238,810	$ 76,980	$ 485,767	$ 368,679
Hotel operating expenses:
Total hotel operating expenses	148,051	70,951	327,967	312,990
Depreciation and amortization	55,492	56,696	165,636	168,044
Real estate taxes, personal property taxes, property insurance, and ground rent	26,204	27,947	84,230	85,173
General and administrative	9,433	7,466	26,803	38,259
Transaction costs	(49)	10,339	63	10,474
Impairment loss	0	0	14,856	20,570
(Gain) loss on sale of hotel properties	(171)	47	(64,729)	(117,401)
(Gain) loss and other operating expenses	480	917	1,451	3,753
Total operating expenses	239,440	174,363	556,277	521,862
Operating income (loss)	(630)	(97,383)	(70,510)	(153,183)
Interest expense	(22,930)	(27,514)	(73,065)	(75,196)
Other	27	115	85	442
Income (loss) before income taxes	(23,533)	(124,782)	(143,490)	(227,937)
Income tax (expense) benefit	(5)	(5,778)	(60)	8,531
Net income (loss)	(23,538)	(130,560)	(143,550)	(219,406)
Net income (loss) attributable to non-controlling interests	(125)	(253)	(1,085)	(535)
Net income (loss) attributable to the Company	(23,413)	(130,307)	(142,465)	(218,871)
Distributions to preferred shareholders	(12,528)	(8,139)	(30,761)	(24,417)
Issuance costs of redeemed preferred shares	(8,043)	0	(8,043)	0
Net income (loss) attributable to common shareholders	$ (43,984)	$ (138,446)	$ (181,269)	$ (243,288)
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ (0.34)	$ (1.06)	$ (1.39)	$ (1.86)
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ (0.34)	$ (1.06)	$ (1.39)	$ (1.86)
Weighted-average number of common shares, basic (in shares)	130,813,750	130,645,990	130,801,187	130,588,765
Weighted-average number of common shares, diluted (in shares)	130,813,750	130,645,990	130,801,187	130,588,765
Comprehensive Income:
Net income (loss)	$ (23,538)	$ (130,560)	$ (143,550)	$ (219,406)
Other comprehensive income (loss):
Change in fair value of derivative instruments	(323)	790	7,103	(64,629)
Amounts reclassified from other comprehensive income	6,494	8,932	19,319	19,681
Comprehensive income (loss)	(17,367)	(120,838)	(117,128)	(264,354)
Comprehensive income (loss) attributable to non-controlling interests	(84)	(187)	(912)	(624)
Comprehensive income (loss) attributable to the Company	(17,283)	(120,651)	(116,216)	(263,730)
Room
Revenues:
Total revenues	162,548	51,337	324,614	239,279
Hotel operating expenses:
Total hotel operating expenses	40,504	15,835	85,777	75,390
Food and beverage
Revenues:
Total revenues	48,900	12,454	95,223	82,635
Hotel operating expenses:
Total hotel operating expenses	34,925	10,578	68,121	66,144
Other
Revenues:
Total revenues	27,362	13,189	65,930	46,765
Hotel operating expenses:
Total hotel operating expenses	$ 72,622	$ 44,538	$ 174,069	$ 171,456