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Consolidated Statements of Changes in Equity and Redeemable Non-controlling Interests - USD ($)
$ in Thousands
Total
Shareholders’ Equity
Shares of Preferred Stock
Common Stock
Common Stock
Common Stock
Additional Paid-In Capital
Accumulated Comprehensive Income /(Loss)
Accumulated Deficit and Distributions
Non-Controlling Interests
Beginning balance at Dec. 31, 2019 $ 0                
Ending balance at Dec. 31, 2020 0                
Balance at beginning of year at Dec. 31, 2019 1,243,390 $ 1,173,778 $ 94 $ 1,052   $ 1,190,949 $ (16,034) $ (2,283) $ 69,612
Preferred shares outstanding, beginning balance (in shares) at Dec. 31, 2019     9,400,000            
Common shares outstanding, beginning balance (in shares) at Dec. 31, 2019       105,169,515          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock redemption of common units (in shares)         47,279        
Common stock redemption of common units 0 376       410 (34)   (376)
Contribution by non-controlling interest in joint venture 622               622
Common dividends and distributions (18,628) (18,591)           (18,591) (37)
Preferred dividends and distributions (14,890) (14,800)           (14,800) (90)
Joint venture partner distributions (490)               (490)
Equity-based compensation (in shares)       557,338          
Equity-based compensation 6,476 6,465   $ 6   6,459     11
Shares acquired for employee withholding requirements (in shares)       (65,345)          
Shares acquired for employee withholding requirements (469) (469)   $ (1)   (468)      
Other (30) (30)       (30)      
Other comprehensive loss (14,673) (14,648)         (14,648)   (25)
Net income (loss) (149,245) (143,339)           (143,339) (5,906)
Balance at end of year at Dec. 31, 2020 $ 1,052,063 988,742 $ 94 $ 1,057   1,197,320 (30,716) (179,013) 63,321
Preferred shares outstanding, ending balance (in shares) at Dec. 31, 2020     9,400,000            
Common shares outstanding, ending balance (in shares) at Dec. 31, 2020 105,708,787     105,708,787          
Ending balance at Dec. 31, 2021 $ 0                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock redemption of common units (in shares) 36,945       36,945        
Common stock redemption of common units $ 0 239       268 (29)   (239)
Net proceeds from sale of preferred stock (in shares)     4,000,000            
Net proceeds from sale of preferred stock 96,617 96,617 $ 40     96,577      
Redemption of preferred stock (in shares)     (3,000,000)            
Redemption of preferred shares (75,000) (75,000) $ (30)     (72,260)   (2,710)  
Purchases of capped call options (21,131) (21,131)       (21,131)      
Contribution by non-controlling interest in joint venture 115,546 16,444       16,444     99,102
Common dividends and distributions 88 88           88  
Preferred dividends and distributions (15,521) (15,431)           (15,431) (90)
Equity-based compensation (in shares)         859,460        
Equity-based compensation $ 10,681 10,666     $ 9 10,657     15
Shares acquired for employee withholding requirements (in shares) (267,468)       (267,468)        
Shares acquired for employee withholding requirements $ (2,694) (2,694)     $ (3) (2,691)      
Other comprehensive loss 15,127 15,106         15,106   21
Net income (loss) (68,584) (65,573)           (65,573) (3,011)
Balance at end of year at Dec. 31, 2021 $ 1,107,192 948,073 $ 104 $ 1,063   1,225,184 (15,639) (262,639) 159,119
Preferred shares outstanding, ending balance (in shares) at Dec. 31, 2021     10,400,000            
Common shares outstanding, ending balance (in shares) at Dec. 31, 2021 106,337,724     106,337,724          
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Redeemable non-controlling interests in operating partnership issued for the acquisition of a portfolio of hotel properties $ 50,000                
Adjustment of redeemable non-controlling interests to redemption value 2,520                
Preferred dividends and distributions (2,301)                
Ending balance at Dec. 31, 2022 $ 50,219                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock redemption of common units (in shares) 12,664       12,664        
Common stock redemption of common units $ 0 127   $ 1   126     (127)
Net proceeds from sale of preferred stock 157,513               157,513
Adjustment of redeemable non-controlling interests to redemption value (2,520) (2,520)           (2,520)  
Sale of non-controlling interests in joint venture 674               674
Contribution by non-controlling interest in joint venture 211,877 1,219       1,219     210,658
Common dividends and distributions (9,911) (8,632)           (8,632) (1,279)
Preferred dividends and distributions (16,040) (15,875)           (15,875) (165)
Joint venture partner distributions (80,353)               (80,353)
Equity-based compensation (in shares)         811,988        
Equity-based compensation $ 8,446 8,446     $ 8 8,438      
Shares acquired for employee withholding requirements (in shares) (260,800)       (260,800)        
Shares acquired for employee withholding requirements $ (2,456) (2,456)     $ (3) (2,453)      
Other (253) (212)       (212)     (41)
Other comprehensive loss 32,564 30,177         30,177   2,387
Net income (loss) 1,217 1,466           1,466 (249)
Balance at end of year at Dec. 31, 2022 $ 1,407,950 $ 959,813 $ 104 $ 1,069   $ 1,232,302 $ 14,538 $ (288,200) $ 448,137
Preferred shares outstanding, ending balance (in shares) at Dec. 31, 2022     10,400,000            
Common shares outstanding, ending balance (in shares) at Dec. 31, 2022 106,901,576     106,901,576