XML 54 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Organization and Recent Events - Additional Information (Details)
$ / shares in Units, $ in Millions
1 Months Ended 9 Months Ended 12 Months Ended
May 31, 2020
USD ($)
Sep. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
Hotel
Dec. 31, 2019
USD ($)
Jun. 30, 2020
USD ($)
Hotel
Sep. 17, 2019
$ / shares
May 05, 2019
$ / shares
shares
Jan. 03, 2017
Organization [Line Items]                
Repayments of credit facilities     $ 1,099 $ 232        
2025 Senior Secured Notes [Member] | PK Domestic and PK Finance Co-Issuer Inc [Member]                
Organization [Line Items]                
Gross debt balance $ 650              
Net proceeds from secured notes $ 350              
2028 Senior Secured Notes [Member] | PK Domestic and PK Finance [Member]                
Organization [Line Items]                
Gross debt balance   $ 725            
Repayments of term loan   631            
COVID-19 [Member]                
Organization [Line Items]                
Number of hotels temporarily suspend operations | Hotel         38      
Number of hotels, total | Hotel         60      
Deferring maintenance and ROI Capital expenditures         $ 150      
Number of hotels reopened due to restrictions removed | Hotel     28          
Park Intermediate Holdings LLC [Member]                
Organization [Line Items]                
Percentage of ownership interest               100.00%
Chesapeake Lodging Trust [Member]                
Organization [Line Items]                
Business acquisition,par value per common share | $ / shares           $ 25.88 $ 0.01  
Business acquisition, cash consideration transferred, per share | $ / shares             $ 11.00  
Business acquisition, consideration transferred number of shares per share | shares             0.628  
Fractional shares of common stock to be issued in merger agreement | shares             0  
Revolver [Member]                
Organization [Line Items]                
Gross debt balance [1]     $ 601          
Aggregate commitments   901            
Revolver [Member] | 2025 Senior Secured Notes [Member] | PK Domestic and PK Finance [Member]                
Organization [Line Items]                
Repayments of credit facilities     219          
Revolver [Member] | 2028 Senior Secured Notes [Member] | PK Domestic and PK Finance [Member]                
Organization [Line Items]                
Repayments of credit facilities   $ 80            
Revolver [Member] | COVID-19 [Member]                
Organization [Line Items]                
Repayments of credit facilities     $ 399          
[1] In May 2020, we amended our credit and term loan facilities which added a LIBOR floor of 25 basis points.