Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net income (loss)	$ 10,514,000	$ (15,469,000)
Adjustments to reconcile net income (loss) to cash flow provided by operating activities:
Gain on sale of hotel properties, net	0	(1,417,000)
Depreciation and amortization	44,996,000	46,865,000
Amortization of deferred financing costs	1,474,000	1,684,000
Other amortization	1,086,000	403,000
Reclassification of unrealized gains on discontinued cash flow hedges to other income, net	0	(5,866,000)
Equity in income from unconsolidated joint ventures	(281,000)	(122,000)
Amortization of share-based compensation	5,692,000	5,184,000
Changes in assets and liabilities:
Hotel and other receivables, net	(2,650,000)	(6,946,000)
Prepaid expense and other assets	(4,782,000)	(4,254,000)
Accounts payable and other liabilities	(8,603,000)	(320,000)
Advance deposits and deferred revenue	4,135,000	1,449,000
Accrued interest	(9,563,000)	(10,900,000)
Net cash flow provided by operating activities	42,018,000	10,291,000
Cash flows from investing activities
Proceeds from the sale of hotel property, net	0	34,125,000
Improvements and additions to hotel properties	(32,634,000)	(24,334,000)
Net cash flow (used in) provided by investing activities	(32,634,000)	9,791,000
Cash flows from financing activities
Repayment of Revolver	0	(200,000,000)
Borrowing on Term Loan	95,000,000	0
Repayments of Term Loans	(94,006,000)	0
Repurchase of common shares under a share repurchase program	(24,537,000)	0
Repurchase of common shares to satisfy employee tax withholding requirements	(1,889,000)	(1,269,000)
Distributions on preferred shares	(6,279,000)	(6,279,000)
Distributions on common shares	(8,100,000)	(1,666,000)
Distributions on Operating Partnership units	(40,000)	(3,000)
Payments of deferred financing costs	(343,000)	0
Contributions from consolidated joint venture partners	0	156,000
Distribution to consolidated joint venture partners	0	(2,589,000)
Net cash flow used in financing activities	(40,194,000)	(211,650,000)
Net change in cash, cash equivalents, and restricted cash reserves	(30,810,000)	(191,568,000)
Cash, cash equivalents, and restricted cash reserves, beginning of year	536,386,000	713,869,000
Cash, cash equivalents, and restricted cash reserves, end of period	$ 505,576,000	$ 522,301,000