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Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Statement of Cash Flows [Abstract]    
Cash and cash equivalents $ 134,552 $ 183,569
Restricted Cash [1] 41,564 40,204
Total cash, cash equivalents, and restricted cash $ 176,116 $ 223,773
[1] Restricted cash primarily consists of reserves for replacement of furniture and fixtures held by our hotel managers and cash held in escrow pursuant to lender requirements.