Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
OPERATING ACTIVITIES
Net loss	$ (1,970)	$ (8,973)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	36,908	36,274
Amortization of debt issuance costs	1,399	1,412
Recoveries of credit losses	(250)	0
Equity-based compensation	1,468	3,698
Non-cash interest income	(143)	(122)
Debt transaction costs	87	0
Other	285	69
Changes in operating assets and liabilities:
Trade receivables, net	(3,055)	(13,726)
Prepaid expenses and other	388	(9,054)
Accounts payable	(38)	900
Accrued expenses and other	(3,073)	15,027
NET CASH PROVIDED BY OPERATING ACTIVITIES	32,006	25,505
INVESTING ACTIVITIES
Acquisitions of lodging properties	0	(272,556)
Improvements to lodging properties	(24,088)	(10,347)
Funding of real estate loans	(1,320)	(1,915)
Net Cash Provided by (Used in) Investing Activities, Total	(25,408)	(284,818)
FINANCING ACTIVITIES
Proceeds from borrowing on revolving line of credit	25,000	410,000
Repayments of line of credit borrowings	(10,000)	0
Principal payments on debt	(692)	(329,882)
Proceeds from the sale of non-controlling interests	1,353	674
Financing fees, debt transactions costs and other issuance costs	(634)	(2,588)
Common dividends paid	(4,904)	0
Preferred dividends and distributions paid	(4,625)	(4,305)
Proceeds from contributions by non-controlling interests in joint venture	0	203,703
Distributions to joint venture partners	(790)	0
Repurchase of shares of common stock for withholding requirements	(1,283)	0
NET CASH PROVIDED BY FINANCING ACTIVITIES	3,425	277,602
Net change in cash, cash equivalents and restricted cash	10,023	18,289
CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance	61,808	96,944
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance	71,831	115,233
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH WITHIN THE CONSOLIDATED BALANCE SHEET TO THE AMOUNTS SHOWN IN THE STATEMENT OF CASH FLOWS ABOVE:
Cash and cash equivalents	60,678	82,397
Restricted cash	11,153	32,836
TOTAL CASH, CASH EQUIVALENTS AND RESTRICTED CASH	$ 71,831	$ 115,233