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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Preferred Stock Dividends and Other Adjustments $ (366) $ 0
Net Income (Loss) Attributable to Parent 23,689 21,758
Preferred Stock Dividends, Income Statement Impact (6,279) 0
Operating revenue    
Room revenue 357,645 224,965
Food and beverage revenue 52,195 26,691
Other revenue 19,753 8,576
Total revenue 429,593 260,232
Operating expense    
Room expense 89,969 51,922
Food and beverage expense 41,263 19,297
Management and franchise fee expense 35,676 26,913
Other operating expense 106,123 57,823
Total property operating expense 273,031 155,955
Depreciation and amortization 61,408 38,665
Impairment of Real Estate 0 0
Property tax, insurance and other 34,499 19,158
General and administrative 10,913 9,123
Transaction costs 1,672 625
Total operating expense 381,523 223,526
Operating income 48,070 36,706
Other Nonoperating Income (Expense) 1,093 140
Interest income 1,230 485
Interest expense (28,701) (14,328)
Gain (Loss) on Extinguishment of Debt 7,659 0
Income before equity in loss from unconsolidated joint ventures 29,351 23,003
Income (Loss) from Equity Method Investments (381) 0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 28,970 23,003
Income tax expense (1,342) (1,166)
Income from operations 27,628 21,837
Loss on sale of hotel properties (3,734) (60)
Net income 23,894 21,777
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interest in consolidated joint ventures 234 66
Noncontrolling interest in the Operating Partnership (73) (85)
Net income attributable to common shareholders $ 17,410 $ 21,758
Basic per common share data:    
Net income per share attributable to common shareholders (in dollars per share) $ 0.10 $ 0.17
Weighted-average number of common shares (in shares) 174,193,671 123,734,173
Diluted per common share data:    
Net income per share attributable to common shareholders (in dollars per share) $ 0.10 $ 0.17
Weighted-average number of common shares (in shares) 174,268,815 123,841,400
Dividends declared per common share $ 0.33 $ 0.33
Comprehensive income:    
Unrealized gain on interest rate derivatives $ 17,857 $ 5,548
Comprehensive income 41,751 27,325
Noncontrolling interest in consolidated joint ventures 234 66
Noncontrolling interest in the Operating Partnership (73) (85)
Comprehensive income attributable to RLJ $ 41,546 $ 27,306