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Condensed Consolidated Statements of Changes in Equity and Redeemable Non-controlling Interests (Unaudited) - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit and Distributions
Non-controlling Interests
Beginning balance at Dec. 31, 2021 $ 0              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 555              
Preferred dividends and distributions (335)              
Redeemable non-controlling interests in operating partnership issued for the acquisition of a portfolio of lodging properties 50,000              
Ending balance at Mar. 31, 2022 $ 50,220              
Beginning preferred shares outstanding (in shares) at Dec. 31, 2021     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Dec. 31, 2021 106,337,724     106,337,724        
Beginning balance at Dec. 31, 2021 $ 1,107,192 $ 948,073 $ 104 $ 1,063 $ 1,225,184 $ (15,639) $ (262,639) $ 159,119
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value (555) (555)         (555)  
Non-controlling interests in operating partnership issued for the acquisition of a portfolio of lodging properties 157,513             157,513
Sale of non-controlling interests in joint venture 674             674
Contributions by non-controlling interest in joint venture 203,703 1,218     1,218     202,485
Preferred stock dividend distribution (3,970) (3,970)         (3,970)  
Equity-based compensation (in shares)       623,139        
Equity-based compensation $ 3,698 3,698   $ 6 3,692      
Shares retained for employee withholding requirements (in shares) 0              
Other comprehensive loss $ 12,113 10,736       10,736   1,377
Net loss $ (8,973) (7,854)         (7,854) (1,119)
Ending preferred shares outstanding (in shares) at Mar. 31, 2022     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Mar. 31, 2022 106,960,863     106,960,863        
Ending balance at Mar. 31, 2022 $ 1,471,395 951,346 $ 104 $ 1,069 1,230,094 (4,903) (275,018) 520,049
Beginning balance at Dec. 31, 2022 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 657              
Preferred dividends and distributions (657)              
Ending balance at Mar. 31, 2023 $ 50,219              
Beginning preferred shares outstanding (in shares) at Dec. 31, 2022     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Dec. 31, 2022 106,901,576     106,901,576        
Beginning balance at Dec. 31, 2022 $ 1,407,950 959,813 $ 104 $ 1,069 1,232,302 14,538 (288,200) 448,137
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value (657) (657)         (657)  
Sale of non-controlling interests in joint venture 1,353             1,353
Dividends and distributions on common stock and common units (4,898) (4,259)         (4,259) (639)
Preferred stock dividend distribution (3,970) (3,970)         (3,970)  
Joint venture partner distributions (790)             (790)
Equity-based compensation (in shares)       736,370        
Equity-based compensation $ 1,468 1,468   $ 7 1,461      
Shares retained for employee withholding requirements (in shares) (168,083)     (168,083)        
Shares of common stock acquired for employee withholding requirements $ (1,283) (1,283)   $ (1) (1,282)      
Other (168) (24)     (24)     (144)
Other comprehensive loss (4,388) (4,268)       (4,268)   (120)
Net loss $ (1,970) (601)         (601) (1,369)
Ending preferred shares outstanding (in shares) at Mar. 31, 2023     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Mar. 31, 2023 107,469,863     107,469,863        
Ending balance at Mar. 31, 2023 $ 1,392,647 $ 946,219 $ 104 $ 1,075 $ 1,232,457 $ 10,270 $ (297,687) $ 446,428