Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of segment information

	For the Three Months Ended June 30, 2020
	Hotels			Net Lease			Corporate			Consolidated
Revenues:
Hotel operating revenues	$	117,356		$	—		$	—		$	117,356
Rental income	1,992			95,592			—			97,584
FF&E reserve income	—			—			—			—
Total revenues	119,348			95,592			—			214,940
Expenses:
Hotel operating expenses	46,957			—			—			46,957
Other operating expenses	—			3,565			—			3,565
Depreciation and amortization	67,898			59,529			—			127,427
General and administrative	—			—			11,302			11,302
Loss on asset impairment	22,361			6,153			—			28,514
Total expenses	137,216			69,247			11,302			217,765
Loss on sale of real estate	—			(2,853		)	—			(2,853		)
Gain on insurance settlement	62,386			—			—			62,386
Unrealized gain on equity securities	—			—			3,848			3,848
Interest income	15			—			—			15
Interest expense	—			—			(72,072		)	(72,072		)
Loss on early extinguishment of debt	—			—			(6,970		)	(6,970		)
Income (loss) before income taxes and equity in earnings of an investee	44,533			23,492			(86,496		)	(18,471		)
Income tax expense	—			—			(16,660		)	(16,660		)
Equity in losses of an investee	(2,218		)	—			—			(2,218		)
Net income (loss)	$	42,315		$	23,492		$	(103,156	)	$	(37,349	)
	For the Six Months Ended June 30, 2020
	Hotels			Net Lease			Corporate			Consolidated
Revenues:
Hotel operating revenues	$	500,859		$	—		$	—		$	500,859
Rental income	2,372			195,284			—			197,656
FF&E reserve income	201			—			—			201
Total revenues	503,432			195,284			—			698,716
Expenses:
Hotel operating expenses	318,105			—			—			318,105
Other operating expenses	—			7,324			—			7,324
Depreciation and amortization	135,438			119,915			—			255,353
General and administrative	—			—			25,326			25,326
Loss on asset impairment	22,361			22,893			—			45,254
Total expenses	475,904			150,132			25,326			651,362
Loss on sale of real estate	—			(9,764		)	—			(9,764		)
Gain on insurance settlement	62,386			—			—			62,386
Unrealized losses on equity securities	—			—			(1,197		)	(1,197		)
Interest income	162			—			115			277
Interest expense	—			—			(143,147		)	(143,147		)
Loss on early extinguishment of debt	—			—			(6,970		)	(6,970		)
Income (loss) before income taxes and equity in earnings of an investee	90,076			35,388			(176,525		)	(51,061		)
Income tax expense	—			—			(17,002		)	(17,002		)
Equity in losses of an investee	(2,936		)	—			—			(2,936		)
Net income (loss)	$	87,140		$	35,388		$	(193,527	)	$	(70,999	)
	As of June 30, 2020
	Hotels			Net Lease			Corporate			Consolidated
Total assets	$	4,972,731		$	3,869,686		$	37,128		$	8,879,545

	For the Three Months Ended June 30, 2019
	Hotels		Net Lease		Corporate			Consolidated
Revenues:
Hotel operating revenues	$	541,215	$	—	$	—		$	541,215
Rental income	5,074		63,143		—			68,217
FF&E reserve income	1,130		—		—			1,130
Total revenues	547,419		63,143		—			610,562
Expenses:
Hotel operating expenses	380,431		—		—			380,431
Other operating expenses	—		1,272		—			1,272
Depreciation and amortization	66,900		32,296		—			99,196
General and administrative	—		—		12,207			12,207
Total expenses	447,331		33,568		12,207			493,106
Dividend income	—		—		876			876
Unrealized loss on equity securities	—		—		(60,788		)	(60,788		)
Interest income	216		—		233			449
Interest expense	—		—		(49,601		)	(49,601		)
Income (loss) before income taxes and equity in earnings of an investee	100,304		29,575		(121,487		)	8,392
Income tax benefit	—		—		260			260
Equity in earnings of an investee	—		—		130			130
Net income (loss)	$	100,304	$	29,575	$	(121,097	)	$	8,782
	For the Six Months Ended June 30, 2019
	Hotels		Net Lease		Corporate			Consolidated
Revenues:
Hotel operating revenues	$	996,078	$	—	$	—		$	996,078
Rental income	10,148		126,742		—			136,890
FF&E reserve income	2,502		—		—			2,502
Total revenues	1,008,728		126,742		—			1,135,470
Expenses:
Hotel operating expenses	698,116		—		—			698,116
Other operating expenses	—		2,712		—			2,712
Depreciation and amortization	133,365		65,196		—			198,561
General and administrative	—		—		24,442			24,442
Total expenses	831,481		67,908		24,442			923,831
Gain on sale of real estate	—		159,535		—			159,535
Dividend income	—		—		1,752			1,752
Unrealized loss on equity securities	—		—		(39,811		)	(39,811		)
Interest income	427		—		659			1,086
Interest expense	—		—		(99,367		)	(99,367		)
Income (loss) before income taxes and equity in earnings of an investee	177,674		218,369		(161,209		)	234,834
Income tax expense	—		—		(799		)	(799		)
Equity in earnings of an investee	—		—		534			534
Net income (loss)	$	177,674	$	218,369	$	(161,474	)	$	234,569
	As of December 31, 2019
	Hotels		Net Lease		Corporate			Consolidated
Total assets	$	4,866,549	$	4,042,831	$	124,587		$	9,033,967