XML 47 R31.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule Of Distributions Paid, Tax Basis | The following characterizes distributions paid to holders of common stock and Series A Preferred Stock on a tax basis for the years ended December 31, 2023, 2022, and 2021:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Common Stock |  |  |  |  |
Ordinary non-qualified income | $ | 0.120000 |  |  | $ | 0.044543 |  |  | $ | — |
Qualified dividends | — |  |  | 0.045457 |  |  | — |
| $ | 0.120000 |  |  | $ | 0.090000 |  |  | $ | — |
Series A Preferred Stock |  |  |  |  |
Ordinary non-qualified income | $ | 2.062500 |  |  | $ | 1.020772 |  |  | $ | — |
Qualified dividends | — |  |  | 1.041728 |  |  | — |
Return of capital | — |  |  | — |  |  | 2.062500 |
| $ | 2.062500 |  |  | $ | 2.062500 |  |  | $ | 2.062500 |
Schedule of Components of Income Tax Provision | Our provision for income taxes consists of the following (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Current - Federal | $ | (84) |  |  | $ | 901 |  |  | $ | 2,759 |
State | 1,376 |  |  | 2,487 |  |  | 40 |
| 1,292 |  |  | 3,388 |  |  | 2,799 |
Deferred - Federal | 492 |  |  | 1,090 |  |  | 5,190 |
State | (486) |  |  | 2,044 |  |  | (6,159) |
Change in valuation allowance | (981) |  |  | (3,915) |  |  | 1,437 |
| (975) |  |  | (781) |  |  | 468 |
Income tax provision | $ | 317 |  |  | $ | 2,607 |  |  | $ | 3,267 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the statutory federal tax provision to our income tax provision is as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Statutory federal tax provision (benefit) | $ | 18,226 |  |  | $ | 23,620 |  |  | $ | (40,337) |
Tax impact of REIT election | (17,281) |  |  | (21,110) |  |  | 45,946 |
State income tax provision (benefit), net of federal tax benefit | 890 |  |  | 4,531 |  |  | (6,119) |
Change in valuation allowance | (981) |  |  | (3,915) |  |  | 1,437 |
Permanent differences | (349) |  |  | (495) |  |  | 2,561 |
Other | (188) |  |  | (24) |  |  | (221) |
Income tax provision | $ | 317 |  |  | $ | 2,607 |  |  | $ | 3,267 |
Schedule of Deferred Tax Assets and Liabilities | The total deferred tax assets and liabilities are as follows (in thousands):
| 2023 |  | 2022
Federal |  |  |
Net operating loss carryforwards | $ | 2,585 |  |  | $ | 3,541 |
Deferred income | 2,049 |  |  | 3,282 |
Other | 407 |  |  | 511 |
Depreciation and amortization | (2,074) |  |  | (3,808) |
Less: Valuation allowance | (1,766) |  |  | (3,002) |
Federal - Deferred tax assets (liabilities), net | $ | 1,201 |  |  | $ | 524 |
State |  |  |
Net operating loss carryforwards | $ | 8,921 |  |  | $ | 8,499 |
Deferred income | 553 |  |  | 851 |
Alternative minimum tax credit carryforwards | 231 |  |  | 211 |
Other | 120 |  |  | 141 |
Depreciation and amortization | (559) |  |  | (987) |
Less: Valuation allowance | (8,253) |  |  | (7,999) |
State - Deferred tax assets, net | $ | 1,013 |  |  | $ | 716 |

X
- Definition Schedule Of Distributions Paid, Tax Basis + References No definition available. + Details
Name: | drh_ScheduleOfDistributionsPaidTaxBasisTableTextBlock
Namespace Prefix: | drh_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration