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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 254,853 $ 256,423
Operating Expenses:    
Depreciation and amortization 27,892 28,313
Corporate expenses 7,683 8,904
Total operating expenses 230,086 233,978
Interest expense 15,158 16,246
Interest (income) and other (income) expense, net (1,464) (1,069)
Total other expenses, net 13,694 15,177
Income before income taxes 11,073 7,268
Income tax benefit 842 1,090
Net income 11,915 8,358
Less: Net income attributable to noncontrolling interests (58) (30)
Net income attributable to the Company 11,857 8,328
Distributions to preferred stockholders (2,454) (2,454)
Net income attributable to common stockholders $ 9,403 $ 5,874
Earnings per share:    
Earnings per share available to common stockholders—basic (in dollars per share) $ 0.05 $ 0.03
Earnings per share available to common stockholders—diluted (in dollars per share) $ 0.04 $ 0.03
Comprehensive Income:    
Net income $ 11,915 $ 8,358
Other comprehensive income:    
Unrealized (loss) gain on interest rate derivative instruments (2,548) 960
Unrealized gain on Rabbi Trust assets 54 299
Amounts reclassified from other comprehensive income (673) 0
Comprehensive income 8,748 9,617
Comprehensive income attributable to noncontrolling interests (42) (34)
Comprehensive income attributable to the Company 8,706 9,583
Rooms    
Revenues:    
Total revenues 163,118 163,507
Operating Expenses:    
Total significant expenses 43,843 43,968
Food and beverage    
Revenues:    
Total revenues 66,841 68,381
Operating Expenses:    
Total significant expenses 46,417 47,239
Other    
Revenues:    
Total revenues 24,894 24,535
Operating Expenses:    
Total significant expenses 65,286 64,600
Management fees    
Operating Expenses:    
Total significant expenses 5,018 5,310
Franchise fees    
Operating Expenses:    
Total significant expenses 9,048 9,026
Other property-level expenses    
Operating Expenses:    
Total significant expenses $ 24,899 $ 26,618