Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating activities:
Net income (loss)	$ (186,372)	$ (392,593)	$ 115,725
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	224,251	224,560	234,880
Share-based compensation	11,433	22,779	8,239
Amortization of deferred financing costs, non-cash interest and other amortization	16,633	17,200	17,349
(Gain) loss on sale of hotel properties	(64,729)	(117,401)	(2,819)
Impairment loss	14,856	74,556	0
Non-cash ground rent	7,061	6,198	6,395
Other adjustments	(1,959)	347	2,365
Changes in assets and liabilities:
Hotel receivables	(27,509)	38,509	8,648
Prepaid expenses and other assets	(428)	3,358	1,061
Accounts payable and accrued expenses	51,793	(60,673)	(605)
Deferred revenues	25,736	(18,616)	3,964
Net cash provided by (used in) operating activities	70,766	(201,776)	395,202
Investing activities:
Improvements and additions to hotel properties	(83,827)	(125,014)	(169,632)
Proceeds from sales of hotel properties	255,927	375,131	470,352
Acquisition of hotel properties	(253,541)	0	0
Other investing activities	(128)	0	(752)
Net cash provided by (used in) investing activities	(81,569)	250,117	299,968
Financing activities:
Gross proceeds from issuance of preferred shares	480,000	0	0
Payment of offering costs — common and preferred shares	(15,947)	(119)	(275)
Payment of deferred financing costs	(14,510)	(16,372)	(461)
(Distributions to) contributions from non-controlling interest	0	0	(125)
Borrowings under revolving credit facilities	0	760,115	414,771
Repayments under revolving credit facilities	(40,000)	(885,115)	(419,771)
Proceeds from debt	268,599	512,965	0
Repayments of debt	(392,236)	(212,965)	(518,207)
Purchases of capped calls for convertible senior notes	(20,975)	(38,300)	0
Repurchases of common shares	(720)	(1,255)	(4,009)
Redemption of preferred shares	(250,000)	0	0
Distributions — common shares/units	(5,279)	(53,960)	(184,836)
Distributions — preferred shares	(39,443)	(32,556)	(32,556)
Repayments of refundable membership deposits	(2,739)	(1,354)	(637)
Net cash provided by (used in) financing activities	(33,250)	31,084	(746,106)
Net change in cash and cash equivalents and restricted cash	(44,053)	79,425	(50,936)
Cash and cash equivalents and restricted cash, beginning of year	136,300	56,875	107,811
Cash and cash equivalents and restricted cash, end of year	$ 92,247	$ 136,300	$ 56,875