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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Total revenues $ 1,566,192 $ 1,761,224 $ 1,356,261
Expenses      
Management and Franchise Fee expense 120,797 138,143 122,633
Depreciation and amortization 211,584 241,641 186,993
Impairment loss 13,500 0 0
Property tax, insurance and other 119,287 135,059 91,406
General and administrative 45,252 49,195 40,453
Transaction costs 1,211 2,057 44,398
Total operating expenses 1,348,044 1,505,181 1,175,121
Interest income 8,720 4,891 2,987
Interest expense (91,295) (101,643) (78,322)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property (9,300) 30,941 8,980
Gain (Loss) on Extinguishment of Debt (214) 5,996 0
Gain (Loss) on Investments 0 0 2,670
Income (Loss) from Equity Method Investments (1,673) 636 133
Other Nonoperating Income (Expense) 1,242 2,791 269
Net Income (Loss) Attributable to Parent 127,842 188,643 74,835
Income before income tax benefit (expense) 127,301 199,019 117,724
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 125,628 199,655 117,857
Income tax benefit (expense) 3,751 (8,793) (42,118)
Net income 129,379 190,862 75,739
Preferred Stock Dividends and Other Adjustments (186) (1,483) (496)
Other Preferred Stock Dividends and Adjustments (1,153) 0 0
Preferred Stock Dividends, Income Statement Impact $ (25,115) $ (25,115) $ (8,372)
Common Stock, Dividends, Per Share, Declared $ 1.32 $ 1.32 $ 1.32
Net loss (income) attributable to noncontrolling interests:      
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Nonredeemable $ (487) $ (719) $ (291)
Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, Nonredeemable 289 (17) (117)
Net income attributable to common shareholders $ 102,727 $ 163,528 $ 66,463
Basic per common share data:      
Net income per share attributable to common shareholders - basic (in dollars per share) $ 0.59 $ 0.93 $ 0.47
Weighted-average number of common shares (in shares) 171,287,086 174,225,130 140,616,838
Diluted per common share data:      
Net income per share attributable to common shareholders - diluted (in dollars per share) $ 0.59 $ 0.93 $ 0.47
Weighted-average number of common shares (in shares) 171,388,476 174,316,405 140,694,049
Comprehensive income:      
Net income $ 129,379 $ 190,862 $ 75,739
Unrealized (loss) gain on interest rate derivatives (33,459) 7,349 13,748
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net (2,250) 0 0
Comprehensive income 93,670 198,211 89,487
Comprehensive income attributable to RLJ 93,286 195,992 88,583
Food and Beverage [Member]      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax 177,499 205,518 157,672
Expenses      
Cost of Goods and Services Sold 134,206 157,156 113,914
Hotel, Other [Member]      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax 71,608 82,659 51,707
Expenses      
Cost of Goods and Services Sold 373,130 417,110 304,595
Hotel [Member]      
Expenses      
Cost of Goods and Services Sold 957,210 1,077,229 811,871
Occupancy [Member]      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax 1,317,085 1,473,047 1,146,882
Expenses      
Cost of Goods and Services Sold $ 329,077 $ 364,820 $ 270,729