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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Investments in lodging property, net $ 2,776,947 $ 2,792,552
Assets held for sale, net 79,172 78,576
Cash and cash equivalents 60,678 51,255
Restricted cash 11,153 10,553
Right-of-use assets, net 35,697 35,023
Trade receivables, net 24,070 21,015
Prepaid expenses and other 19,348 8,378
Deferred charges, net 6,932 7,074
Other assets 14,260 17,844
Total assets 3,028,257 3,022,270
Liabilities:    
Debt, net of debt issuance costs 1,467,123 1,451,796
Lease liabilities, net 26,309 25,484
Accounts payable 5,460 5,517
Accrued expenses and other 86,499 81,304
Liabilities, Total 1,585,391 1,564,101
Commitments and contingencies
Redeemable non-controlling interests 50,219 50,219
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:    
Common stock, $0.01 par value per share, 500,000,000 shares authorized, 107,469,863 and 106,901,576 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 1,075 1,069
Additional paid-in capital 1,232,457 1,232,302
Accumulated other comprehensive income 10,270 14,538
Accumulated deficit and distributions in excess of retained earnings (297,687) (288,200)
Stockholders' Equity Attributable to Parent, Total 946,219 959,813
Non-controlling interests 446,428 448,137
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Total 1,392,647 1,407,950
Liabilities and Equity, Total 3,028,257 3,022,270
6.25% Series E Preferred Stock    
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:    
Preferred stock 64 64
Series F Cumulative Redeemable Preferred Stock    
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:    
Preferred stock $ 40 $ 40