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Loss Per Share and Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents loss per share (in thousands, except share and per share amounts):
 
Year Ended December 31, 2019
 
Basic and Diluted Weighted-Average
Shares Outstanding 
 
Allocation of Loss
 
Basic and Diluted Loss
Per Share 
Class A common stock
32,260,398

 
$
(2,509
)
 
$
(0.08
)
Class T common stock
60,499,745

 
(5,109
)
 
(0.08
)
Net loss attributable to CWI 2 stockholders
 
 
$
(7,618
)
 
 

 
Year Ended December 31, 2018
 
Basic and Diluted Weighted-Average
Shares Outstanding 
 
Allocation of Loss
 
Basic and Diluted Loss
Per Share 
Class A common stock
30,390,179

 
$
(2,443
)
 
$
(0.08
)
Class T common stock
58,842,820

 
(5,344
)
 
(0.09
)
Net loss attributable to CWI 2 stockholders
 
 
$
(7,787
)
 
 
 
Year Ended December 31, 2017
 
Basic and Diluted Weighted-Average
Shares Outstanding 
 
Allocation of Loss
 
Basic and Diluted Loss
Per Share 
Class A common stock
27,825,037

 
$
(1,740
)
 
$
(0.06
)
Class T common stock
54,686,084

 
(3,745
)
 
(0.07
)
Net loss attributable to CWI 2 stockholders
 
 
$
(5,485
)
 
 
Reclassification out of Accumulated Other Comprehensive Income
The following tables present a reconciliation of changes in Accumulated other comprehensive (loss) income by component for the periods presented (in thousands):
 
 
Years Ended December 31,
Gains and Losses on Derivative Instruments
 
2019
 
2018
 
2017
Beginning balance
 
$
1,205

 
$
1,373

 
$
896

Other comprehensive (loss) income before reclassifications
 
(335
)
 
544

 
265

Amounts reclassified from accumulated other comprehensive income to:
 
 
 
 
 
 
      Interest expense
 
(1,004
)
 
(715
)
 
219

      Equity in losses of equity method investments in real estate, net
 
30

 
—

 
—

           Total
 
(974
)
 
(715
)
 
219

Net current period other comprehensive (loss) income
 
(1,309
)
 
(171
)
 
484

Net current period other comprehensive (income) loss attributable to noncontrolling interests
 
(53
)
 
3

 
(7
)
Ending balance
 
$
(157
)
 
$
1,205

 
$
1,373
Distributions
Distributions paid to stockholders consist of ordinary income, capital gains, return of capital or a combination thereof for income tax purposes. Our distributions per share are summarized as follows:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
Class A
 
Class T
 
Class A
 
Class T
 
Class A
 
Class T
Return of capital
$
0.4679

 
$
0.3826

 
$
0.4656

 
$
0.3817

 
$
0.3541

 
$
0.2866

Ordinary income
0.0961

 
0.0785

 
0.0984

 
0.0807

 
0.2037

 
0.1649

Total distributions paid
$
0.5640

 
$
0.4611

 
$
0.5640

 
$
0.4624

 
$
0.5578

 
$
0.4515
Schedule of Dividends Payable
The following table presents the quarterly per share distributions declared by our board of directors for the fourth quarter of 2019, payable in cash and in shares of our Class A and Class T common stock to stockholders of record on December 31, 2019:
Class A Common Stock
 
Class T Common Stock
Cash
 
Shares
 
Total
 
Cash
 
Shares
 
Total
$
0.1410

 
$
0.0339

 
$
0.1749

 
$
0.1154

 
$
0.0339

 
$
0.1493