Supplemental Information to Statements of Cash Flows (Tables)

3 Months Ended

Mar. 31, 2018

Supplemental Cash Flow Elements [Abstract]

Schedule of supplemental information to statements of cash flows

	For the three months ended March 31,
	2018			2017
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents	$	401,943		$	451,010
Restricted cash reserves	76,380			61,538
Cash, cash equivalents, and restricted cash reserves	$	478,323		$	512,548
Interest paid	$	32,257		$	13,280
Income taxes paid	$	1,623		$	212
Supplemental investing and financing transactions
In conjunction with the sale of hotel properties, the Company recorded the following:
Sale of hotel properties	$	119,200		$	—
Transaction costs	(2,587		)	(60		)
Operating prorations	(537		)	—
Proceeds from the sale of hotel properties, net	$	116,076		$	(60	)
Supplemental non-cash transactions
Accrued capital expenditures	$	5,314		$	—