Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net (loss) income	$ (73,616)	$ 21,251
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation	40,165	38,508
Amortization of deferred franchise fees	184	186
Amortization of deferred financing fees included in interest expense	866	684
Loss on sale of hotel property	0	3,295
Impairment loss on investment in unconsolidated real estate entities	15,282	0
Share based compensation	3,473	3,508
Accelerated share based compensation for employee severance	288	0
Loss from unconsolidated real estate entities	6,099	3,450
Changes in assets and liabilities:
Right of use asset	469	460
Hotel receivables	2,401	(4,938)
Deferred costs	(21)	(30)
Prepaid expenses and other assets	(1,415)	(1,801)
Accounts payable and accrued expenses	(6,569)	5,395
Lease liability	(356)	(287)
Net cash (used in) provided by operating activities	(12,750)	69,681
Cash flows from investing activities:
Improvements and additions to hotel properties	(13,907)	(30,342)
Acquisition of hotel properties, net of cash acquired	0	(8,100)
Investment in hotel properties under development	(13,223)	(6,902)
Proceeds from sale of hotel properties, net	0	8,987
Distributions from unconsolidated real estate entities	0	661
Net cash used in investing activities	(27,130)	(35,696)
Cash flows from financing activities:
Borrowings on revolving credit facility	86,000	59,500
Repayments on revolving credit facility	(3,000)	(55,000)
Borrowings on construction loan	3,923	0
Payments on mortgage debt	(6,732)	(4,424)
Payment of financing costs	(2,004)	(48)
Payment of offering costs	(3)	(207)
Proceeds from issuance of common shares	166	7,199
Distributions-common shares/units	(16,237)	(46,948)
Net cash provided by (used in) financing activities	62,113	(39,928)
Net change in cash, cash equivalents and restricted cash	22,233	(5,943)
Cash, cash equivalents and restricted cash, beginning of period	20,182	32,337
Cash, cash equivalents and restricted cash, end of period	42,415	26,394
Supplemental disclosure of cash flow information:
Cash paid for interest	20,968	20,605
Capitalized interest	951	226
Cash paid for income taxes	$ 328	$ 591