Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenues	$ 1,419,949	$ 1,391,891	$ 733,044
Hotel operating expenses:
Total hotel operating expenses	941,080	883,474	496,580
Depreciation and amortization	240,645	239,583	224,251
Real estate taxes, personal property taxes, property insurance, and ground rent	124,595	126,134	111,675
General and administrative	44,789	39,187	38,166
Impairment	81,788	89,633	14,856
Gain on sale of hotel properties	(30,375)	(6,194)	(64,729)
Business interruption insurance income	(32,985)	0	0
Other operating expenses	12,602	5,352	2,036
Total operating expenses	1,382,139	1,377,169	822,835
Operating income (loss)	37,810	14,722	(89,791)
Interest expense	(115,660)	(99,988)	(96,633)
Other	4,229	562	113
Income (loss) before income taxes	(73,621)	(84,704)	(186,311)
Income tax (expense) benefit	(655)	(277)	(61)
Net income (loss)	(74,276)	(84,981)	(186,372)
Net income (loss) attributable to non-controlling interests	3,741	2,190	(1,514)
Net income (loss) attributable to the Company	(78,017)	(87,171)	(184,858)
Distributions to preferred shareholders	(43,649)	(45,074)	(42,105)
Redemption of preferred shares	8,396	8,186	(8,055)
Net income (loss) attributable to common shareholders	$ (113,270)	$ (124,059)	$ (235,018)
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ (0.93)	$ (0.95)	$ (1.80)
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ (0.93)	$ (0.95)	$ (1.80)
Weighted-average number of common shares, basic (in shares)	121,813,042	130,453,944	130,804,354
Weighted-average number of common shares, diluted (in shares)	121,813,042	130,453,944	130,804,354
Comprehensive Income:
Net income (loss)	$ (74,276)	$ (84,981)	$ (186,372)
Other comprehensive income (loss):
Change in fair value of derivative instruments	17,572	55,479	15,289
Amounts reclassified from other comprehensive income	(28,995)	52	25,210
Comprehensive income (loss)	(85,699)	(29,450)	(145,873)
Comprehensive income (loss) attributable to non-controlling interests	3,668	2,555	(1,251)
Comprehensive income (loss) attributable to the Company	(89,367)	(32,005)	(144,622)
Room
Revenues:
Total revenues	914,109	910,936	483,191
Hotel operating expenses:
Total hotel operating expenses	248,020	225,992	127,105
Food and beverage
Revenues:
Total revenues	351,852	346,702	157,848
Hotel operating expenses:
Total hotel operating expenses	264,163	243,543	111,928
Other
Revenues:
Total revenues	153,988	134,253	92,005
Hotel operating expenses:
Total hotel operating expenses	$ 428,897	$ 413,939	$ 257,547