Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities:
Net income (loss)	$ (84,981)	$ (186,372)	$ (392,593)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	239,583	224,251	224,560
Share-based compensation	11,350	11,433	22,779
Amortization of deferred financing costs, non-cash interest and other amortization	13,453	16,633	17,200
(Gain) loss on sale of hotel properties	(6,194)	(64,729)	(117,401)
Impairment and other losses	89,882	14,856	74,556
Non-cash ground rent	9,952	7,061	6,198
Other adjustments	(4,962)	(1,959)	347
Changes in assets and liabilities:
Hotel receivables	(7,974)	(27,509)	38,509
Prepaid expenses and other assets	(10,018)	(428)	3,358
Accounts payable and accrued expenses	24,808	51,793	(60,673)
Deferred revenues	3,846	25,736	(18,616)
Net cash provided by (used in) operating activities	278,745	70,766	(201,776)
Investing activities:
Improvements and additions to hotel properties	(116,743)	(83,827)	(125,014)
Proceeds from sales of hotel properties	248,908	255,927	375,131
Acquisition of hotel properties	(247,163)	(253,541)	0
Property insurance proceeds	5,638	0	0
Other investing activities	(25)	(128)	0
Net cash provided by (used in) investing activities	(109,385)	(81,569)	250,117
Financing activities:
Gross proceeds from issuance of preferred shares	0	480,000	0
Payment of offering costs — common and preferred shares	(123)	(15,947)	(119)
Payment of deferred financing costs	(12,415)	(14,510)	(16,372)
Borrowings under revolving credit facilities	190,151	0	760,115
Repayments under revolving credit facilities	(190,151)	(40,000)	(885,115)
Proceeds from debt	1,380,000	268,599	512,965
Repayments of debt	(1,434,956)	(392,236)	(212,965)
Purchases of capped calls for convertible senior notes	0	(20,975)	(38,300)
Repurchases of common shares	(70,724)	(720)	(1,255)
Redemption of preferred shares	(16,000)	(250,000)	0
Distributions — common shares/units	(5,291)	(5,279)	(53,960)
Distributions — preferred shares/units	(47,367)	(39,443)	(32,556)
Repayments of refundable membership deposits	(2,462)	(2,739)	(1,354)
Net cash provided by (used in) financing activities	(209,338)	(33,250)	31,084
Net change in cash and cash equivalents and restricted cash	(39,978)	(44,053)	79,425
Cash and cash equivalents and restricted cash, beginning of year	92,247	136,300	56,875
Cash and cash equivalents and restricted cash, end of year	$ 52,269	$ 92,247	$ 136,300