Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Investments in lodging property, net	$ 2,669,478	$ 2,736,975
Investment in lodging property under development	5,397	1,451
Assets held for sale, net	18,621	65,736
Cash and cash equivalents	51,698	37,837
Restricted cash	7,339	9,931
Right-of-use assets, net	33,454	34,814
Trade receivables, net	20,724	21,348
Prepaid expenses and other	16,647	8,865
Deferred charges, net	6,237	6,659
Other assets	7,688	15,632
Total assets	2,837,283	2,939,248
Liabilities:
Debt, net of debt issuance costs	1,336,095	1,430,668
Lease liabilities, net	24,879	25,842
Accounts payable	6,130	4,827
Accrued expenses and other	96,679	81,215
Total liabilities	1,463,783	1,542,552
Commitments and contingencies (Note 11)	0	0
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, 108,453,266 and 107,593,373 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	1,085	1,076
Additional paid-in capital	1,244,335	1,238,896
Accumulated other comprehensive income	4,959	10,967
Accumulated deficit and distributions in excess of retained earnings	(339,047)	(339,848)
Total stockholders’ equity	911,436	911,195
Non-controlling interests	411,845	435,282
Total equity	1,323,281	1,346,477
Total liabilities, redeemable non-controlling interests and equity	2,837,283	2,939,248
6.25% Series E Preferred Stock
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:
Preferred stock	64	64
5.875% Series F Preferred Stock
Preferred stock, $0.01 par value per share, 100,000,000 shares authorized:
Preferred stock	$ 40	$ 40