Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
OPERATING ACTIVITIES
Net (loss) income	$ (104,537)	$ 73,595
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization	82,147	72,517
Amortization of deferred financing costs	1,655	1,041
Loss on impairment of assets	782	1,685
Provision for credit losses	2,530	0
Equity-based compensation	4,958	4,766
Deferred tax asset, net	2,058	0
Gain on disposal of assets, net	(176)	(39,655)
Non-cash interest income	(2,297)	(1,713)
Debt transaction costs	336	1,847
Other	303	369
Changes in operating assets and liabilities:
Trade receivables, net	732	(4,514)
Prepaid expenses and other	2,043	1,754
Accounts payable	(311)	126
Accrued expenses and other	(11,614)	7,796
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES	(21,391)	119,614
INVESTING ACTIVITIES
Acquisition of hotel properties and land	0	(32,277)
Improvements to hotel properties	(19,234)	(46,708)
Proceeds from asset dispositions, net	0	143,962
Contract termination payment for asset dispositions	(2,200)	0
Funding of real estate loans	(6,171)	(7,228)
Proceeds from principal payments on real estate loans	250	2,050
Increase in escrow deposits for acquisitions	0	(3,000)
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES	(27,355)	56,799
FINANCING ACTIVITIES
Borrowings on revolving credit facilities	191,500	135,000
Principal payments on debt	(122,789)	(251,360)
Dividends paid	(30,495)	(67,751)
Proceeds from contribution by non-controlling interests in joint venture	577	13,764
Financing fees on debt and other issuance costs	(2,804)	(1,873)
Repurchase of common shares for withholding requirements	(469)	(839)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	35,520	(173,059)
Net change in cash, cash equivalents and restricted cash	(13,226)	3,354
CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Beginning of period	69,833	72,556
End of period	56,607	75,910
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash payments for interest	(30,927)	(30,822)
Accrued improvements to hotel properties	(1,668)	(6,272)
Cash receipts from income tax refunds	$ 516	$ 369