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Supplemental Information to Statements of Cash Flows (Tables)
 9 Months Ended
Sep. 30, 2019
Supplemental Cash Flow Elements [Abstract]  
Schedule of supplemental information to statements of cash flows
 
For the nine months ended September 30,
 
2019
 
2018
Reconciliation of cash, cash equivalents, and restricted cash reserves
 
 
 
Cash and cash equivalents
$
845,882

 
$
425,384

Restricted cash reserves
48,610

 
78,113

Cash, cash equivalents, and restricted cash reserves
$
894,492

 
$
503,497

 
 
 
 
Interest paid
$
63,586

 
$
84,377

 
 
 
 
Income taxes paid
$
2,520

 
$
1,902

 
 
 
 
Operating cash flow lease payments for operating leases
$
11,505

 
 
 
 
 
 
Supplemental investing and financing transactions
 
 
 
In connection with the sale of hotel properties, the Company recorded the following:
 
 
 
Sale of hotel properties
$
640,681

 
$
456,600

Transaction costs
(9,224
)
 
(8,432
)
Operating prorations
(7,882
)
 
(431
)
Proceeds from the sale of hotel properties, net
$
623,575

 
$
447,737

 
 
 
 
Supplemental non-cash transactions
 
 
 
Accrued capital expenditures
$
6,857

 
$
5,879