XML 49 R37.htm IDEA: XBRL DOCUMENT v3.23.1
Management Agreements and Leases - Other, Net Lease Portfolio and TA Leases (Details)
$ / shares in Units, $ in Thousands
3 Months Ended
Feb. 15, 2023
USD ($)
renewalOption
travelCenter
$ / shares
Mar. 31, 2023
USD ($)
ft²
hotel
agreement
tenant
$ / shares
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
$ / shares
Management Agreements and Leases [Line Items]        
Cash provided by (used in) operating activities   $ 12,373 $ (11,983)  
Number of operating agreements | agreement   4    
Rental income   $ 94,413 96,358  
Adjustments necessary to record rent on straight line basis   $ (2,448) (1,973)  
Common shares, par value (in dollars per share) | $ / shares   $ 0.01   $ 0.01
Reserves recorded (reduced) for uncollectible amounts against rental income   $ 3,540    
BP Products North America Inc.        
Management Agreements and Leases [Line Items]        
Common shares, par value (in dollars per share) | $ / shares $ 0.001      
TravelCenters of America Inc. | BP Products North America Inc.        
Management Agreements and Leases [Line Items]        
Business acquisition, share price (in dollars per share) | $ / shares $ 86.00      
BP Products North America Inc.        
Management Agreements and Leases [Line Items]        
Operating agreement annual rent and return $ 254,000      
Number of ground leases | travelCenter 176      
Annual increase percentage 2.00%      
Lease term 10 years      
Number of renewal options | renewalOption 5      
Renewal term 10 years      
Business combination BP prepay amount $ 188,000      
Monthly rent credit amount 25,000      
Guarantee obligations 3,040,000      
BP Products North America Inc. | Tradenames And Trademarks        
Management Agreements and Leases [Line Items]        
Tradenames and trademarks $ 89,400      
COVID-19        
Management Agreements and Leases [Line Items]        
Reserves recorded (reduced) for uncollectible amounts against rental income   (507)    
Reserves for uncollectible rents   11,209   $ 7,697
SMTA Transaction        
Management Agreements and Leases [Line Items]        
Rental income   32,272 34,320  
Adjustments necessary to record rent on straight line basis   793 1,371  
Net Lease Property        
Management Agreements and Leases [Line Items]        
Operating agreement annual rent and return   $ 369,756    
Percentage of portfolio leased by tenants   97.40%    
Number of brands | hotel   139    
Number of industries | agreement   21    
Net Lease Property | TravelCenters of America Inc.        
Management Agreements and Leases [Line Items]        
Number of properties owned | tenant   177    
Travel Centers of America        
Management Agreements and Leases [Line Items]        
Deferred percentage rental income recognized   $ 30,764    
Deferred percentage rental income   $ 2,385 2,391  
Hotels and net lease properties        
Management Agreements and Leases [Line Items]        
Square feet | ft²   13,319,743    
Hotels        
Management Agreements and Leases [Line Items]        
Number of properties owned | hotel   220    
Hotels | IHG Agreement        
Management Agreements and Leases [Line Items]        
Cash provided by (used in) operating activities   $ 763 130  
Hotels | IHG Agreement | Ravinia, GA        
Management Agreements and Leases [Line Items]        
Number of properties owned | hotel   1    
Net Lease Property        
Management Agreements and Leases [Line Items]        
Number of properties owned | tenant   765    
Percentage of portfolio leased by tenants   940.00%    
Number of tenants | hotel   179    
Net Lease Property | Real Estate Investment Property At Cost | Credit Concentration Risk | Travel Centers of America        
Management Agreements and Leases [Line Items]        
Percentage of total annual minimum rents   30.00%    
Travel centers | Travel Centers of America        
Management Agreements and Leases [Line Items]        
Operating agreement annual rent and return   $ 246,110    
Quarterly payments to deferred rent receivable     4,404  
Rental income   62,141 62,038  
Adjustments necessary to record rent on straight line basis   $ 3,241 $ 3,344  
Accruals for unpaid rent, including deferred rent       $ 27,492
Increase in annual rent fixed interest rate   8.50%    
Travel centers | Travel Centers of America | TA agreements        
Management Agreements and Leases [Line Items]        
Number of operating agreements | hotel   5