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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 285,384 $ 285,129 $ 845,957 $ 850,832
Operating Expenses:        
Depreciation and amortization 28,340 28,356 84,388 84,542
Impairment losses 1,076 1,596 1,076 1,596
Corporate expenses 8,567 7,660 25,715 45,083
Total operating expenses 241,614 242,169 721,286 744,421
Interest expense 17,111 16,986 47,137 49,434
Interest (income) and other (income) expense, net (2,298) (1,001) (4,526) (3,265)
Loss on debt extinguishment 5,850 0 5,850 0
Total other expenses, net 20,663 15,985 48,461 46,169
Income before income taxes 23,107 26,975 76,210 60,242
Income tax expense (469) (418) (618) (696)
Net income 22,638 26,557 75,592 59,546
Less: Net income attributable to noncontrolling interests (113) (125) (375) (256)
Net income attributable to the Company 22,525 26,432 75,217 59,290
Distributions to preferred stockholders (2,454) (2,454) (7,362) (7,362)
Net income attributable to common stockholders $ 20,071 $ 23,978 $ 67,855 $ 51,928
Earnings per share:        
Earnings per share available to common stockholders—basic (in dollars per share) $ 0.10 $ 0.11 $ 0.33 $ 0.25
Earnings per share available to common stockholders—diluted (in dollars per share) $ 0.10 $ 0.11 $ 0.33 $ 0.25
Comprehensive Income:        
Net income $ 22,638 $ 26,557 $ 75,592 $ 59,546
Other comprehensive income:        
Unrealized loss on interest rate derivative instruments (664) (4,237) (4,505) (4,631)
Unrealized gain on Rabbi Trust assets 215 298 607 650
Amounts reclassified from other comprehensive income (15) 0 (699) 0
Comprehensive income 22,174 22,618 70,995 55,565
Comprehensive income attributable to noncontrolling interests (111) (106) (352) (240)
Comprehensive income attributable to the Company 22,063 22,512 70,643 55,325
Rooms        
Revenues:        
Total revenues 189,088 192,471 550,443 559,465
Operating Expenses:        
Total significant expenses 46,529 47,919 137,644 139,472
Food and beverage        
Revenues:        
Total revenues 67,415 65,787 213,084 212,279
Operating Expenses:        
Total significant expenses 47,181 47,319 144,146 145,275
Other        
Revenues:        
Total revenues 28,881 26,871 82,430 79,088
Operating Expenses:        
Total significant expenses 68,127 67,357 202,132 199,774
Management fees        
Operating Expenses:        
Total significant expenses 7,096 7,093 19,520 20,411
Franchise fees        
Operating Expenses:        
Total significant expenses 9,731 10,117 28,782 29,710
Other property-level expenses        
Operating Expenses:        
Total significant expenses $ 24,967 $ 24,752 $ 77,883 $ 78,558