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Stock Incentive Plans (Tables) | 9 Months Ended
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Sep. 30, 2022
Share-Based Payment Arrangement [Abstract] |
Schedule of Restricted Stock Awards | A summary of our restricted stock awards from January 1, 2022 to September 30, 2022 is as follows:
| Number of Shares |  | Weighted- Average Grant Date Fair Value
Unvested balance at January 1, 2022 | 1,443,295 |  |  | $ | 9.46 |
Granted | 438,070 |  |  | 9.55 |
Vested | (265,965) |  |  | 9.54 |
Forfeited | (250,261) |  |  | 9.43 |
Unvested balance at September 30, 2022 | 1,365,139 |  |  | $ | 9.48 |
Schedule of Fair Value Assumptions | The determination of the grant-date fair values of outstanding awards included the following assumptions:
Award Grant Date |  | Volatility |  | Risk-Free Rate |  | Total Stockholder Return PSUs |  | Hotel Market Share PSUs
February 22, 2022 |  | 71.4 | % |  | 1.74 | % |  | $ | 9.84 |  |  | $ | 9.56 |
August 9, 2022 |  | 73.3 | % |  | 3.20 | % |  | $ | 9.65 |  |  | $ | 9.32 |
Schedule of Nonvested Performance-based Units Activity | A summary of our PSUs from January 1, 2022 to September 30, 2022 is as follows:
| Number of Target Units |  | Weighted- Average Grant Date Fair Value
Unvested balance at January 1, 2022 | 969,240 |  |  | $ | 9.45 |
Granted | 407,570 |  |  | 9.66 |
Vested (1) | (269,224) |  |  | 10.14 |
Forfeited | (160,533) |  |  | 9.34 |
Unvested balance at September 30, 2022 | 947,053 |  |  | $ | 9.36 |
______________________ (1)The number of shares of common stock earned for the PSUs vested in 2022 was equal to 100.0% of the PSU Target Award.
Schedule of LTIP Units | A summary of our LTIP units from January 1, 2022 to September 30, 2022 is as follows:
| Number of Units |  | Weighted- Average Grant Date Fair Value
Unvested balance at January 1, 2022 | 135,388 |  |  | $ | 10.22 |
Granted | 71,084 |  |  | 9.32 |
Vested (1) | (108,422) |  |  | 10.38 |
Unvested balance at September 30, 2022 | 98,050 |  |  | $ | 9.39 |
______________________ (1)As of September 30, 2022, all vested LTIP units have achieved economic parity with common OP units and have been converted to common OP units.

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- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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