Debt - Narrative (Details)		1 Months Ended		9 Months Ended
	Sep. 23, 2021 USD ($)	Feb. 28, 2021 USD ($)	Dec. 31, 2020 USD ($)	Sep. 30, 2022 USD ($) $ / shares	Sep. 30, 2022 USD ($) $ / shares	Sep. 30, 2022 USD ($) $ / shares	Sep. 30, 2022 USD ($) extension $ / shares	Sep. 30, 2022 USD ($) extensionOption $ / shares	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 01, 2021 USD ($)	Jan. 31, 2021
Line of Credit Facility [Line Items]
Debt principal payment due within one year				$ 0	$ 0	$ 0	$ 0	$ 0
Letters of credit outstanding				$ 12,600,000	$ 12,600,000	$ 12,600,000	$ 12,600,000	$ 12,600,000		$ 12,100,000
Election period, prior to maturity date				2 days
Convertible debt, conversion ratio					0.0392549
Redemption price to principal amount, percentage				1	1	1	1	1
Purchases of capped calls for convertible senior notes						$ 0			$ 20,975,000
Interest rate swaps
Line of Credit Facility [Line Items]
Derivative instruments, asset position, fair value				$ 39,100,000	$ 39,100,000	39,100,000	$ 39,100,000	$ 39,100,000
Derivative instruments, liability position, fair value				0	0	0	0	0
Expected reclassifications in next 12 months				21,200,000	21,200,000	21,200,000	21,200,000	21,200,000
Letters of credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity				30,000,000	30,000,000	30,000,000	30,000,000	30,000,000
Fixed Rate Debt
Line of Credit Facility [Line Items]
Estimated fair value of debt				676,500,000	676,500,000	676,500,000	676,500,000	676,500,000		747,800,000
Unsecured term loans | Revolving credit facilities
Line of Credit Facility [Line Items]
Debt outstanding				0	0	0	0	0		0
Unsecured term loans | Senior Unsecured Revolving Credit Facility Due March 2023 | Revolving credit facilities
Line of Credit Facility [Line Items]
Maximum borrowing capacity				$ 611,000,000	611,000,000	611,000,000	$ 611,000,000	$ 611,000,000
Number of extension periods							2	2
Extension term				6 months
Debt outstanding				$ 0	0	0	$ 0	$ 0		0
Remaining borrowing capacity				598,400,000	598,400,000	598,400,000	598,400,000	598,400,000
Maximum borrowing capacity potential increase (up to)				1,300,000,000	$ 1,300,000,000	1,300,000,000	1,300,000,000	1,300,000,000
Unsecured term loans | Senior Unsecured Revolving Credit Facility Due March 2023 | Revolving credit facilities | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate, waiver period					2.40%
Unsecured term loans | Senior Unsecured Revolving Credit Facility Due March 2023 | Revolving credit facilities | Minimum
Line of Credit Facility [Line Items]
Unused commitment fee annual rate					0.20%
Unsecured term loans | Senior Unsecured Revolving Credit Facility Due March 2023 | Revolving credit facilities | Minimum | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate					1.45%
Unsecured term loans | Senior Unsecured Revolving Credit Facility Due March 2023 | Revolving credit facilities | Maximum
Line of Credit Facility [Line Items]
Unused commitment fee annual rate					0.30%
Unsecured term loans | Senior Unsecured Revolving Credit Facility Due March 2023 | Revolving credit facilities | Maximum | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate					2.25%
Unsecured term loans | PHL unsecured credit facility | Revolving credit facilities
Line of Credit Facility [Line Items]
Maximum borrowing capacity				20,000,000	$ 20,000,000	20,000,000	20,000,000	20,000,000
Debt outstanding				0	0	0	0	0		0
Remaining borrowing capacity				20,000,000	$ 20,000,000	20,000,000	20,000,000	20,000,000
Unsecured term loans | PHL unsecured credit facility | Revolving credit facilities | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate, waiver period					2.40%
Unsecured term loans | PHL unsecured credit facility | Revolving credit facilities | Minimum | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate					1.45%
Unsecured term loans | PHL unsecured credit facility | Revolving credit facilities | Maximum | LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate					2.25%
Convertible senior notes
Line of Credit Facility [Line Items]
Debt outstanding				$ 750,000,000	$ 750,000,000	$ 750,000,000	$ 750,000,000	$ 750,000,000		750,000,000
Debt issued		$ 250,000,000	$ 500,000,000
Stated interest rate			1.75%	1.75%	1.75%	1.75%	1.75%	1.75%
Proceeds from debt, net of issuance costs		$ 257,200,000	$ 487,300,000
Premium to par percentage		5.50%
Debt issuance costs		$ 6,500,000
Premium received		13,800,000
Convertible debt, liability component			$ 386,100,000
Discount rate			0.0625
Convertible debt, equity component			$ 113,900,000
Initial discount, gross			113,900,000
Convertible debt, conversion price (in usd per share) | $ / shares				$ 25.47	$ 25.47	$ 25.47	$ 25.47	$ 25.47
Capped call transaction, upper strike price (in usd per share) | $ / shares				$ 33.0225	$ 33.0225	$ 33.0225	$ 33.0225	$ 33.0225
Purchases of capped calls for convertible senior notes		$ 21,000,000.0	$ 38,300,000
Senior unsecured notes
Line of Credit Facility [Line Items]
Debt outstanding				$ 50,000,000	$ 50,000,000	$ 50,000,000	$ 50,000,000	$ 50,000,000		50,000,000
Senior unsecured notes | Series A Notes
Line of Credit Facility [Line Items]
Debt outstanding				$ 47,600,000	$ 47,600,000	$ 47,600,000	$ 47,600,000	$ 47,600,000		47,600,000
Stated interest rate		5.15%		5.15%	5.15%	5.15%	5.15%	5.15%				4.70%
Senior unsecured notes | Series B Notes
Line of Credit Facility [Line Items]
Debt outstanding				$ 2,400,000	$ 2,400,000	$ 2,400,000	$ 2,400,000	$ 2,400,000		2,400,000
Stated interest rate		5.38%		5.38%	5.38%	5.38%	5.38%	5.38%				4.93%
Mortgage loans
Line of Credit Facility [Line Items]
Debt outstanding				$ 221,460,000	$ 221,460,000	$ 221,460,000	$ 221,460,000	$ 221,460,000		222,873,000
Mortgage loans | Margaritaville Hollywood Beach Resort
Line of Credit Facility [Line Items]
Extension term	1 year
Debt outstanding	$ 161,500,000			161,500,000	$ 161,500,000	161,500,000	161,500,000	161,500,000		161,500,000
Basis spread on variable rate	2.37%				2.37%
Increase basis spread on variable rate on second extension term	0.20%
Mortgage loans | Estancia La Jolla Hotel & Spa
Line of Credit Facility [Line Items]
Debt outstanding				$ 59,960,000	$ 59,960,000	$ 59,960,000	$ 59,960,000	$ 59,960,000		$ 61,373,000	$ 61,700,000
Stated interest rate				5.07%	5.07%	5.07%	5.07%	5.07%