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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 404,530 $ 395,799 $ 1,115,709 $ 1,085,861
Hotel operating expenses:        
Total hotel operating expenses 257,020 249,752 720,733 710,091
Depreciation and amortization 57,546 63,272 172,051 179,598
Real estate taxes, personal property taxes, property insurance, and ground rent 35,274 32,905 92,681 91,380
General and administrative 11,814 11,549 35,937 32,739
Impairment 1,908 71,416 1,908 71,416
Gain on sale of hotel properties 0 0 0 (30,219)
Business interruption insurance income (7,059) (10,881) (18,340) (32,985)
Other operating expenses 963 3,829 4,083 9,876
Total operating expenses 357,466 421,842 1,009,053 1,031,896
Operating income (loss) 47,064 (26,043) 106,656 53,965
Interest expense (27,925) (31,022) (82,285) (87,996)
Other 793 1,403 1,336 2,538
Income (loss) before income taxes 19,932 (55,662) 25,707 (31,493)
Income tax (expense) benefit 25,213 (822) 24,157 (853)
Net income (loss) 45,145 (56,484) 49,864 (32,346)
Net income (loss) attributable to non-controlling interests 1,488 658 3,621 2,999
Net income (loss) attributable to the Company 43,657 (57,142) 46,243 (35,345)
Distributions to preferred shareholders (10,631) (10,988) (31,894) (32,963)
Net income (loss) attributable to common shareholders $ 33,026 $ (68,130) $ 14,349 $ (68,308)
Net income (loss) per share available to common shareholders, basic (in usd per share) $ 0.27 $ (0.57) $ 0.12 $ (0.56)
Net income (loss) per share available to common shareholders, diluted (in usd per share) $ 0.24 $ (0.57) $ 0.12 $ (0.56)
Weighted-average number of common shares, basic (in shares) 119,640,463 120,057,744 119,938,931 122,394,293
Weighted-average number of common shares, diluted (in shares) 149,351,866 120,057,744 120,367,351 122,394,293
Room        
Revenues:        
Total revenues $ 262,755 $ 259,397 $ 714,633 $ 706,705
Hotel operating expenses:        
Total hotel operating expenses 68,721 68,065 188,747 189,179
Food and beverage        
Revenues:        
Total revenues 95,998 91,661 278,613 261,172
Hotel operating expenses:        
Total hotel operating expenses 71,346 69,091 203,281 196,748
Other        
Revenues:        
Total revenues 45,777 44,741 122,463 117,984
Hotel operating expenses:        
Total hotel operating expenses $ 116,953 $ 112,596 $ 328,705 $ 324,164