XML 80 R69.htm IDEA: XBRL DOCUMENT v3.24.2
NON-CONTROLLING INTERESTS AND REDEEMABLE NON-CONTROLLING INTERESTS (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jan. 13, 2022
$ / shares
shares
Oct. 31, 2022
USD ($)
Mar. 31, 2022
shares
Jun. 30, 2024
USD ($)
a
room
state
unit
jointventure
hotel
Rate
shares
Dec. 31, 2023
USD ($)
Apr. 30, 2024
hotel
May 31, 2023
hotel
room
Jun. 30, 2022
Mar. 23, 2022
shares
Class of Stock [Line Items]                  
Number of joint ventures entered into | jointventure       3          
Guestrooms | room             467    
Number of states in which hotel properties are located | state       24          
Investment in lodging property under development       $ 3,955 $ 1,451        
Redeemable common unit, conversion ratio | Rate       100.00%          
Onera Joint Venture                  
Class of Stock [Line Items]                  
Guestrooms | unit       11          
Percentage of equity interest in a joint venture   90.00%              
Cash payments to acquire businesses   $ 5,200              
Acquired property   2,000              
Joint venture, fee simple interest in property and investments       100.00%          
Area of land acquired | a       6.4          
Joint venture, development cost       $ 2,500          
Onera Joint Venture | Maximum                  
Class of Stock [Line Items]                  
Additional contingent consideration   $ 1,800              
Summit Hotel Operating Partnership | Non-controlling Interests                  
Class of Stock [Line Items]                  
Limited partner, ownership percentage       13.00% 13.00%        
Joint Venture with GIC | Joint Venture with GIC                  
Class of Stock [Line Items]                  
General partner, ownership interest       51.00%          
Series Z Preferred Units                  
Class of Stock [Line Items]                  
Preferred stock, dividend rate       5.25%          
Preferred stock, liquidation preference (in dollars per share) | $ / shares $ 25                
Preferred stock, redemption term, period 90 days                
Hotels                  
Class of Stock [Line Items]                  
Guestrooms | hotel       96   2 4    
Guestrooms | room       14,256          
Hotels | Brickell Joint Venture                  
Class of Stock [Line Items]                  
Guestrooms | hotel       2          
Hotels | Hotels Owned Through Joint Venture | Partially Owned Properties                  
Class of Stock [Line Items]                  
General partner, ownership interest       51.00%          
Guestrooms | room       39          
AC/Element Hotel | Brickell Joint Venture                  
Class of Stock [Line Items]                  
Initial purchase option, ownership percentage               90.00%  
Operating partnership | Hotels | Portfolio Purchase Through Contribution And Purchase Agreement | Operating Partnership Units                  
Class of Stock [Line Items]                  
Number of shares issued in asset acquisition (in shares) | shares     15,864,674            
Operating partnership | Hotels | Portfolio Purchase Through Contribution And Purchase Agreement | Series Z Preferred Units                  
Class of Stock [Line Items]                  
Number of shares issued in asset acquisition (in shares) | shares 2,000,000                
Temporary equity, shares issued (in shares) | shares                 2,000,000
GIC | Joint Venture with GIC | Joint Venture with GIC                  
Class of Stock [Line Items]                  
Limited partner, ownership percentage       49.00%          
Joint Venture with GIC | Hotels | Joint Venture with GIC                  
Class of Stock [Line Items]                  
Guestrooms | room       5,335          
Number of states in which hotel properties are located | state       9          
Brickell Joint Venture | Brickell Joint Venture                  
Class of Stock [Line Items]                  
Initial purchase option, ownership percentage               10.00%  
Unaffiliated Third Parties | Summit Hotel Operating Partnership                  
Class of Stock [Line Items]                  
Limited partner capital account units conversion ratio       1          
Number of common units owned (in shares) | shares       15,948,318