XML 40 R30.htm IDEA: XBRL DOCUMENT v3.24.3
Debt - Schedule of Long Term Debt (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Total debt $ 1,097,866 $ 1,178,189
Debt, net of unamortized debt issuance costs $ 1,097,215 1,177,005
Weighted-Average Interest Rate (as a percent) 5.60%  
Unsecured Term Loan    
Debt Instrument [Line Items]    
Unamortized debt issuance costs $ (651) (1,184)
Unsecured Term Loan Due January 2028 | Unsecured Term Loan    
Debt Instrument [Line Items]    
Basis spread on variable rate (as a percent) 1.35%  
Principal balance $ 500,000 500,000
Unsecured Term Loan Due January 2028 | Unsecured Term Loan | Interest Rate Swap    
Debt Instrument [Line Items]    
Effective interest rate 5.93%  
Unsecured Term Loan due January 2025 | Unsecured Term Loan    
Debt Instrument [Line Items]    
Basis spread on variable rate (as a percent) 1.35%  
Principal balance $ 300,000 300,000
Effective interest rate 6.31%  
Revolving Credit Facility | Line of Credit    
Debt Instrument [Line Items]    
Basis spread on variable rate (as a percent) 1.40%  
Senior unsecured credit facility $ 0 0
Courtyard New York Manhattan/Midtown East mortgage loan | Mortgages    
Debt Instrument [Line Items]    
Interest rate, stated percentage (as a percent) 4.40%  
Principal balance $ 0 74,346
Worthington Renaissance Fort Worth Hotel mortgage loan | Mortgages    
Debt Instrument [Line Items]    
Interest rate, stated percentage (as a percent) 3.66%  
Principal balance $ 72,267 73,727
Hotel Clio mortgage loan | Mortgages    
Debt Instrument [Line Items]    
Interest rate, stated percentage (as a percent) 4.33%  
Principal balance $ 55,025 56,091
Westin Boston Seaport District mortgage loan | Mortgages    
Debt Instrument [Line Items]    
Interest rate, stated percentage (as a percent) 4.36%  
Principal balance $ 170,574 $ 174,025