Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues:
Total revenues	$ 1,391,891	$ 733,044	$ 442,888
Hotel operating expenses:
Total hotel operating expenses	883,474	496,580	379,426
Depreciation and amortization	239,583	224,251	224,560
Real estate taxes, personal property taxes, property insurance, and ground rent	126,134	111,675	114,333
General and administrative	39,187	38,166	45,158
Transaction costs	430	100	10,544
Impairment and other losses	89,882	14,856	74,556
(Gain) loss on sale of hotel properties	(6,194)	(64,729)	(117,401)
Other operating expenses	4,673	1,936	4,421
Total operating expenses	1,377,169	822,835	735,597
Operating income (loss)	14,722	(89,791)	(292,709)
Interest expense	(99,988)	(96,633)	(104,098)
Other	562	113	517
Income (loss) before income taxes	(84,704)	(186,311)	(396,290)
Income tax (expense) benefit	(277)	(61)	3,697
Net income (loss)	(84,981)	(186,372)	(392,593)
Net income (loss) attributable to non-controlling interests	2,190	(1,514)	(864)
Net income (loss) attributable to the Company	(87,171)	(184,858)	(391,729)
Distributions to preferred shareholders	(45,074)	(42,105)	(32,556)
Redemption of preferred shares	8,186	(8,055)	0
Net income (loss) attributable to common shareholders	$ (124,059)	$ (235,018)	$ (424,285)
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ (0.95)	$ (1.80)	$ (3.25)
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ (0.95)	$ (1.80)	$ (3.25)
Weighted-average number of common shares, basic (in shares)	130,453,944	130,804,354	130,610,015
Weighted-average number of common shares, diluted (in shares)	130,453,944	130,804,354	130,610,015
Comprehensive Income:
Net income (loss)	$ (84,981)	$ (186,372)	$ (392,593)
Other comprehensive income (loss):
Change in fair value of derivative instruments	55,479	15,289	(63,861)
Amounts reclassified from other comprehensive income	52	25,210	28,505
Comprehensive income (loss)	(29,450)	(145,873)	(427,949)
Comprehensive income (loss) attributable to non-controlling interests	2,555	(1,251)	(934)
Comprehensive income (loss) attributable to the Company	(32,005)	(144,622)	(427,015)
Room
Revenues:
Total revenues	910,936	483,191	287,439
Hotel operating expenses:
Total hotel operating expenses	225,992	127,105	91,771
Food and beverage
Revenues:
Total revenues	346,702	157,848	95,892
Hotel operating expenses:
Total hotel operating expenses	243,543	111,928	77,698
Other
Revenues:
Total revenues	134,253	92,005	59,557
Hotel operating expenses:
Total hotel operating expenses	$ 413,939	$ 257,547	$ 209,957