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Segment Information (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2023
USD ($)
segment
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
Segment Information      
Number of reportable segments | segment 2    
Revenues:      
Hotel operating revenues $ 334,796 $ 297,406  
Rental income 94,413 96,358  
Total revenues 429,209 393,764  
Expenses:      
Hotel operating expenses  299,566 290,343  
Other operating expenses 3,905 2,269  
Depreciation and amortization 100,039 104,113  
General and administrative 10,911 11,989  
Transaction related costs 887 1,177  
Loss on asset impairment, net 0 5,500  
Total expenses 415,308 415,391  
Gain on sale of real estate, net 41,898 5,548  
Unrealized gains on equity securities, net 49,430 (10,260)  
Interest income 2,786 273  
Interest expense  (81,580) (92,344)  
Loss on early extinguishment of debt (44) 0  
Income (loss) before income taxes and equity in earnings of an investee 26,391 (118,410)  
Income tax benefit (expense) 3,780 (695)  
Equity in losses of an investee  (4,221) (717)  
Net income (loss) 25,950 (119,822)  
Total assets 7,482,166   $ 7,488,191
Corporate      
Revenues:      
Hotel operating revenues 0 0  
Rental income 0 0  
Total revenues 0 0  
Expenses:      
Hotel operating expenses  0 0  
Other operating expenses 0 0  
Depreciation and amortization 0 0  
General and administrative 10,911 11,989  
Transaction related costs 887 1,177  
Loss on asset impairment, net   0  
Total expenses 11,798 13,166  
Gain on sale of real estate, net 0 0  
Unrealized gains on equity securities, net 49,430 (10,260)  
Interest income 2,754 273  
Interest expense  (75,258) (92,344)  
Loss on early extinguishment of debt (44)    
Income (loss) before income taxes and equity in earnings of an investee (34,916) (115,497)  
Income tax benefit (expense) 3,780 (695)  
Equity in losses of an investee  (4,221) (717)  
Net income (loss) (35,357) (116,909)  
Total assets 419,092   229,195
Hotels | Operating segments      
Revenues:      
Hotel operating revenues 334,796 297,406  
Rental income 0 0  
Total revenues 334,796 297,406  
Expenses:      
Hotel operating expenses  299,566 290,343  
Other operating expenses 0 0  
Depreciation and amortization 53,385 56,162  
General and administrative 0 0  
Transaction related costs 0 0  
Loss on asset impairment, net   5,568  
Total expenses 352,951 352,073  
Gain on sale of real estate, net 41,898 4,990  
Unrealized gains on equity securities, net 0 0  
Interest income 30 0  
Interest expense  0 0  
Loss on early extinguishment of debt 0    
Income (loss) before income taxes and equity in earnings of an investee 23,773 (49,677)  
Income tax benefit (expense) 0 0  
Equity in losses of an investee  0 0  
Net income (loss) 23,773 (49,677)  
Total assets 3,833,782   3,882,701
Net Lease | Operating segments      
Revenues:      
Hotel operating revenues 0 0  
Rental income 94,413 96,358  
Total revenues 94,413 96,358  
Expenses:      
Hotel operating expenses  0 0  
Other operating expenses 3,905 2,269  
Depreciation and amortization 46,654 47,951  
General and administrative 0 0  
Transaction related costs 0 0  
Loss on asset impairment, net   (68)  
Total expenses 50,559 50,152  
Gain on sale of real estate, net 0 558  
Unrealized gains on equity securities, net 0 0  
Interest income 2 0  
Interest expense  (6,322) 0  
Loss on early extinguishment of debt 0    
Income (loss) before income taxes and equity in earnings of an investee 37,534 46,764  
Income tax benefit (expense) 0 0  
Equity in losses of an investee  0 0  
Net income (loss) 37,534 $ 46,764  
Total assets $ 3,229,292   $ 3,376,295