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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
(Dollars in thousands, except per share amounts)
 
Three Months Ended
 
March 31, 2019
 
June 30, 2019
 
September 30, 2019
 
December 31, 2019
Revenues
$
96,006

 
$
95,094

 
$
88,432

 
$
87,675

Operating expenses
80,597

 
80,997

 
79,452

 
80,976

Net income (loss)
5,453

 
2,799

 
(2,325
)
 
(4,978
)
Income attributable to noncontrolling interests
(4,429
)
 
(1,840
)
 
(369
)
 
(1,929
)
Net income (loss) attributable to CWI 2 stockholders
$
1,024

 
$
959

 
$
(2,694
)
 
$
(6,907
)
Basic and diluted income (loss) per share — Class A common stock (a)
$
0.01

 
$
0.01

 
$
(0.03
)
 
$
(0.07
)
Basic and diluted income (loss) per share — Class T common stock (a)
$
0.01

 
$
0.01

 
$
(0.03
)
 
$
(0.07
)
 
Three Months Ended
 
March 31, 2018
 
June 30, 2018
 
September 30, 2018
 
December 31, 2018
Revenues
$
91,179

 
$
98,100

 
$
87,177

 
$
85,876

Operating expenses
77,622

 
81,784

 
76,650

 
77,733

Net income (loss)
1,584

 
4,334

 
(1,411
)
 
(4,856
)
Income attributable to noncontrolling interests
(3,078
)
 
(1,249
)
 
(1,194
)
 
(1,917
)
Net (loss) income attributable to CWI 2 stockholders
$
(1,494
)
 
$
3,085

 
$
(2,605
)
 
$
(6,773
)
Basic and diluted (loss) income per share — Class A common stock (a)
$
(0.02
)
 
$
0.04

 
$
(0.03
)
 
$
(0.07
)
Basic and diluted (loss) income per share — Class T common stock (a)
$
(0.02
)
 
$
0.03

 
$
(0.03
)
 
$
(0.08
)
___________
(a)
Income (loss) per share in each quarter is computed using the weighted-average number of shares outstanding during that quarter while income (loss) per share for the full year is computed using the weighted-average number of shares outstanding during the year. Therefore, the sum of the four quarters income (loss) per share may not equal the full-year income (loss) per share.