Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of segment information

	For the Three Months Ended March 31, 2019
	Hotels		Travel Centers		Corporate			Consolidated
Revenues:
Hotel operating revenues	$	455,385	$	—	$	—		$	455,385
Rental income	5,076		63,075		—			68,151
FF&E reserve income	1,372		—		—			1,372
Total revenues	461,833		63,075		—			524,908
Expenses:
Hotel operating expenses	319,125		—		—			319,125
Depreciation and amortization	66,583		32,782		—			99,365
General and administrative	—		—		12,235			12,235
Total expenses	385,708		32,782		12,235			430,725
Gain on sale of real estate	—		159,535		—			159,535
Dividend income	—		—		876			876
Unrealized gains on equity securities	—		—		20,977			20,977
Interest income	434		—		203			637
Interest expense	—		—		(49,766		)	(49,766		)
Income before income taxes and equity in earnings of an investee	76,559		189,828		(39,945		)	226,442
Income tax expense	—		—		(1,059		)	(1,059		)
Equity in earnings of an investee	—		—		404			404
Net income	$	76,559	$	189,828	$	(40,600	)	$	225,787
	As of March 31, 2019
	Hotels		Travel Centers		Corporate			Consolidated
Total assets	$	4,815,816	$	2,229,038	$	210,950		$	7,255,804

	For the Three Months Ended March 31, 2018
	Hotels		Travel Centers		Corporate			Consolidated
Revenues:
Hotel operating revenues	$	445,276	$	—	$	—		$	445,276
Rental income	7,800		74,193		—			81,993
FF&E reserve income	1,364		—		—			1,364
Total revenues	454,440		74,193		—			528,633
Expenses:
Hotel operating expenses	314,982		—		—			314,982
Depreciation and amortization	62,446		37,171		—			99,617
General and administrative	—		—		11,734			11,734
Total expenses	377,428		37,171		11,734			426,333
Dividend income	—		—		626			626
Unrealized gains and losses on equity securities, net	—		—		24,955			24,955
Interest income	—		—		292			292
Interest expense	—		—		(47,540		)	(47,540		)
Income (loss) before income taxes and equity in earnings of an investee	77,012		37,022		(33,401		)	80,633
Income tax expense	—		—		(471		)	(471		)
Equity in earnings of an investee	—		—		44			44
Net income (loss)	$	77,012	$	37,022	$	(33,828	)	$	80,206
	As of December 31, 2018
	Hotels		Travel Centers		Corporate			Consolidated
Total assets	$	4,586,709	$	2,398,118	$	192,252		$	7,177,079