Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net income	$ 23,894	$ 21,777
Adjustments to reconcile net income to cash flow provided by operating activities:
Loss on sale of hotel properties	3,734	60
Gain (Loss) on Extinguishment of Debt	(7,659)	0
Depreciation and amortization	61,408	38,665
Amortization of deferred financing costs	929	843
Amortization of Debt Discount (Premium)	(1,391)	188
Income (Loss) from Equity Method Investments	381	0
Proceeds from Equity Method Investment, Distribution	250	0
Accretion of interest income on investment in loan	0	(210)
Impairment of Real Estate	0	0
Amortization of share-based compensation	2,514	2,334
Deferred income taxes	1,103	938
Changes in assets and liabilities:
Hotel and other receivables, net	(16,822)	(8,650)
Prepaid expense and other assets	289	637
Accounts payable and other liabilities	(22,507)	(9,202)
Advance deposits and deferred revenue	6,874	2,288
Accrued interest	(2,022)	253
Net cash flow provided by operating activities	50,975	49,921
Cash flows from investing activities
Proceeds from the sale of hotel properties, net	116,076	(60)
Improvements and additions to hotel properties	(38,583)	(18,533)
Additions to property and equipment	(27)	(3)
Net cash flow provided by (used in) investing activities	77,466	(18,596)
Cash flows from financing activities
Borrowings under Revolver	300,000	0
Repayments of Senior Notes	(539,028)	0
Payments of mortgage loans principal	(1,663)	(902)
Repurchase of common shares to satisfy employee withholding requirements	(462)	(486)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(6,279)	0
Distributions on common shares	(57,707)	(41,040)
Distributions on Operating Partnership units	(248)	(227)
Payments of deferred financing costs	(3,515)	0
Payments of Distributions to Affiliates	(366)	0
Cash received from a noncontrolling interest	74	0
Net cash flow used in financing activities	(309,194)	(42,655)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	(180,753)	(11,330)
Cash, cash equivalents, and restricted cash reserves, end of period	401,943	451,010
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 478,323	$ 512,548