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SUBSEQUENT EVENTS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Jan. 28, 2022
Jan. 13, 2022
Mar. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Subsequent events          
Asset acquisition, purchase price       $ 58,500  
Debt draw amount       $ 1,069,797 $ 1,094,745
6.25% Series E Preferred Stock          
Subsequent events          
Preferred stock, dividend rate       6.25% 6.25%
5.875% Series F Preferred Stock          
Subsequent events          
Preferred stock, dividend rate       5.875%  
Subsequent events | NCI credit facility | Secured debt          
Subsequent events          
Debt instrument, face amount   $ 410,000      
Credit facility, maximum borrowing capacity   600,000      
Debt instrument, accordion feature, increase of commitments amount   $ 190,000      
Debt instrument, extension period   12 months      
Debt draw amount   $ 382,000      
Remaining borrowing capacity   $ 28,000      
Subsequent events | NCI credit facility | Secured debt | SOFR          
Subsequent events          
Debt, basis spread on variable rate   2.86%      
Subsequent events | 6.25% Series E Preferred Stock          
Subsequent events          
Cash dividends declared, preferred stock (in dollars per share) $ 0.390625        
Preferred stock, dividend rate 6.25%        
Subsequent events | 5.875% Series F Preferred Stock          
Subsequent events          
Cash dividends declared, preferred stock (in dollars per share) $ 0.3671875        
Preferred stock, dividend rate 5.875%        
Subsequent events | Series Z Preferred Units          
Subsequent events          
Cash dividends declared, preferred stock (in dollars per share) $ 0.171354        
Preferred stock, dividend rate 5.25%        
Hotel Portfolio Acquired In January 2022 | Subsequent events | Series Z Preferred Units          
Subsequent events          
Preferred stock, dividend rate   5.25%      
Hotels | Subsequent events | Series Z Preferred Units          
Subsequent events          
Asset acquisition common operating partnership units issued price (in USD per unit)   $ 25.00      
Hotels | Hotel Portfolio Acquired In January 2022 | Subsequent events | Joint Venture with GIC          
Subsequent events          
Asset acquisition, purchase price   $ 766,000      
Hotels | Hotel Portfolio Acquired In January 2022 | Subsequent events | Operating Partnership Units | Joint Venture with GIC          
Subsequent events          
Number of shares issued in asset acquisition (in shares)   15,314,494      
Asset acquisition, share price (in USD per share)   $ 10.0853      
Hotels | Hotel Portfolio Acquired In January 2022 | Subsequent events | Series Z Preferred Units | Joint Venture with GIC          
Subsequent events          
Number of shares issued in asset acquisition (in shares)   1,958,429      
Hotels | Canopy New Orleans | Forecast | Subsequent events | Joint Venture with GIC          
Subsequent events          
Asset acquisition, purchase price     $ 56,000    
Hotels | Canopy New Orleans | Forecast | Subsequent events | Operating Partnership Units | Joint Venture with GIC          
Subsequent events          
Number of shares issued in asset acquisition (in shares)     550,180    
Hotels | Canopy New Orleans | Forecast | Subsequent events | Series Z Preferred Units | Joint Venture with GIC          
Subsequent events          
Number of shares issued in asset acquisition (in shares)     41,571