Subsequent Events	3 Months Ended
Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 18. SUBSEQUENT EVENTS On March 21, 2019, our board of directors authorized and the Company declared a cash dividend of $0.20 per share of common stock with respect to the first quarter of 2019. The first quarter dividend was paid on April 15, 2019 to stockholders of record as of April 2, 2019. On May 14, 2019, our board of directors authorized and the Company declared a cash dividend of $0.20 per share of common stock with respect to the second quarter of 2019. The second quarter dividend will be paid on July 15, 2019 to stockholders of record as of June 28, 2019. Subsequent to March 31, 2019 and through May 10, 2019, the Company sold, in separate transactions, three hotels for an aggregate gross sales price of $16 million, recognizing a gain on sale of approximately $3 million. The Company used $15 million of the net sales proceeds to pay down the principal of the CMBS Facility. Subsequent to March 31, 2019 and through May 14, 2019, the Company acquired approximately 1.1 million shares of common stock at a total cost of $14 million, a weighted average cost per share of $12.12. The Company funded the share purchases from cash on hand and cash flow from operating activities.

Subsequent Events

3 Months Ended

Mar. 31, 2019

NOTE 18. SUBSEQUENT EVENTS

On March 21, 2019, our board of directors authorized and the Company declared a cash dividend of $0.20 per share of common stock with respect to the first quarter of 2019. The first quarter dividend was paid on April 15, 2019 to stockholders of record as of April 2, 2019.

On May 14, 2019, our board of directors authorized and the Company declared a cash dividend of $0.20 per share of common stock with respect to the second quarter of 2019. The second quarter dividend will be paid on July 15, 2019 to stockholders of record as of June 28, 2019.

Subsequent to March 31, 2019 and through May 10, 2019, the Company sold, in separate transactions, three hotels for an aggregate gross sales price of $16 million, recognizing a gain on sale of approximately $3 million. The Company used $15 million of the net sales proceeds to pay down the principal of the CMBS Facility.

Subsequent to March 31, 2019 and through May 14, 2019, the Company acquired approximately 1.1 million shares of common stock at a total cost of $14 million, a weighted average cost per share of $12.12. The Company funded the share purchases from cash on hand and cash flow from operating activities.