Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues:
Total revenues	$ 416,693	$ 238,810	$ 1,072,285	$ 485,767
Hotel operating expenses:
Total hotel operating expenses	251,522	148,051	654,278	327,967
Depreciation and amortization	60,372	55,492	179,746	165,636
Real estate taxes, personal property taxes, property insurance, and ground rent	34,641	26,204	98,118	84,230
General and administrative	10,281	9,433	29,675	26,803
Impairment loss	12,865	0	86,119	14,856
Gain on sale of hotel properties	(6,194)	(171)	(6,194)	(64,729)
Other operating expenses	989	431	4,045	1,514
Total operating expenses	364,476	239,440	1,045,787	556,277
Operating income (loss)	52,217	(630)	26,498	(70,510)
Interest expense	(25,020)	(22,930)	(70,753)	(73,065)
Other	123	27	156	85
Income (loss) before income taxes	27,320	(23,533)	(44,099)	(143,490)
Income tax (expense) benefit	(1,015)	(5)	(1,015)	(60)
Net income (loss)	26,305	(23,538)	(45,114)	(143,550)
Net income (loss) attributable to non-controlling interests	1,237	(125)	1,359	(1,085)
Net income (loss) attributable to the Company	25,068	(23,413)	(46,473)	(142,465)
Distributions to preferred shareholders	(11,344)	(12,528)	(34,031)	(30,761)
Issuance costs of redeemed preferred shares	0	(8,043)	0	(8,043)
Net income (loss) attributable to common shareholders	$ 13,724	$ (43,984)	$ (80,504)	$ (181,269)
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ 0.10	$ (0.34)	$ (0.62)	$ (1.39)
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ 0.10	$ (0.34)	$ (0.62)	$ (1.39)
Weighted-average number of common shares, basic (in shares)	130,905,132	130,813,750	130,904,772	130,801,187
Weighted-average number of common shares, diluted (in shares)	131,149,783	130,813,750	130,904,772	130,801,187
Comprehensive Income:
Net income (loss)	$ 26,305	$ (23,538)	$ (45,114)	$ (143,550)
Other comprehensive income (loss):
Change in fair value of derivative instruments	16,487	(323)	53,184	7,103
Amounts reclassified from other comprehensive income	(1,337)	6,494	5,441	19,319
Comprehensive income (loss)	41,455	(17,367)	13,511	(117,128)
Comprehensive income (loss) attributable to non-controlling interests	1,339	(84)	1,746	(912)
Comprehensive income (loss) attributable to the Company	40,116	(17,283)	11,765	(116,216)
Room
Revenues:
Total revenues	277,971	162,548	707,997	324,614
Hotel operating expenses:
Total hotel operating expenses	66,637	40,504	167,102	85,777
Food and beverage
Revenues:
Total revenues	98,080	48,900	261,228	95,223
Hotel operating expenses:
Total hotel operating expenses	69,296	34,925	179,859	68,121
Other
Revenues:
Total revenues	40,642	27,362	103,060	65,930
Hotel operating expenses:
Total hotel operating expenses	$ 115,589	$ 72,622	$ 307,317	$ 174,069