Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net (loss) income	$ (55,304)	$ 11,153
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation	26,607	25,647
Amortization of deferred franchise fees	122	124
Amortization of deferred financing fees included in interest expense	489	456
Loss on sale of hotel property	0	3,300
Impairment loss on investment in unconsolidated real estate entities	15,282	0
Share based compensation	2,349	2,297
Accelerated share based compensation for employee severance	288	0
Loss from unconsolidated real estate entities	5,251	666
Changes in assets and liabilities:
Right of use asset	311	307
Hotel receivables	2,378	(2,961)
Deferred costs	(16)	(30)
Prepaid expenses and other assets	(2,022)	(2,152)
Accounts payable and accrued expenses	(11,241)	(791)
Lease liability	(234)	(187)
Net cash (used in) provided by operating activities	(15,740)	37,829
Cash flows from investing activities:
Improvements and additions to hotel properties	(10,424)	(20,716)
Investment in hotel properties under development	(10,050)	(2,503)
Proceeds from sale of hotel properties, net	0	8,987
Distributions from unconsolidated real estate entities	0	411
Net cash used in investing activities	(20,474)	(13,821)
Cash flows from financing activities:
Borrowings on revolving credit facility	86,000	34,500
Repayments on revolving credit facility	(3,000)	(37,000)
Payments on mortgage debt	(4,483)	(2,567)
Payment of financing costs	(627)	(48)
Payment of offering costs	(3)	(201)
Proceeds from issuance of common shares	128	7,119
Distributions-common shares/units	(16,237)	(31,236)
Net cash provided by (used in) financing activities	61,778	(29,433)
Net change in cash, cash equivalents and restricted cash	25,564	(5,425)
Cash, cash equivalents and restricted cash, beginning of period	20,182	32,337
Cash, cash equivalents and restricted cash, end of period	45,746	26,912
Supplemental disclosure of cash flow information:
Cash paid for interest	13,844	13,753
Capitalized interest	595	74
Cash paid for income taxes	$ 44	$ 415