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Equity - Narrative (Details) $ / shares in Units, $ in Thousands |  |  |  | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | ---
Feb. 07, 2025 shares | Feb. 15, 2024 shares | May 11, 2022 $ / shares shares | Jun. 30, 2025 USD ($) vote $ / shares shares | Jun. 30, 2025 USD ($) class vote $ / shares shares | Jun. 30, 2024 USD ($) shares | Dec. 31, 2024 $ / shares shares | Feb. 17, 2023 USD ($)
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Common shares of beneficial interest, authorized (in shares) |  |  |  | 500,000,000 | 500,000,000 |  | 500,000,000 |
Repurchase of common shares | $ |  |  |  | $ 1,000 | $ 15,612 | $ 6,851 |  |
Preferred shares of beneficial interest, authorized (in shares) |  |  |  | 100,000,000 | 100,000,000 |  | 100,000,000 |
Preferred shares of beneficial interest, par value (in usd per share) | $ / shares |  |  |  | $ 0.01 | $ 0.01 |  | $ 0.01 |
Common unit redemption rights, redemption option, common share conversion basis |  |  |  | 1 | 1 |  |  |
Operating partnership units outstanding (in shares) |  |  |  | 118,166,806 | 118,166,806 |  | 119,285,394 |
LTIP units, outstanding (in shares) |  |  |  | 1,154,431 | 1,154,431 |  | 994,837 |
Preferred stock, outstanding (in shares) |  |  |  | 27,600,000 | 27,600,000 |  | 27,600,000 |
Long-Term Incentive Partnership ("LTIP") Units |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Classes of LTIP units | class |  |  |  |  | 2 |  |  |
Awards vested (in shares) |  |  |  | 710,156 | 710,156 |  | 470,920 |
Long-Term Incentive Partnership ("LTIP") Class B Units |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Awards granted (in shares) | 159,594 | 136,353 |  |  |  |  |  |
Operating Partnership |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Operating partnership units outstanding (in shares) |  |  |  | 16,291 | 16,291 |  | 16,291 |
Operating Partnership Units | Inn On Fifth |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Asset acquisition, equity interest issued or issuable (in shares) |  |  | 16,291 |  |  |  |  |
Common Shares |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Stock repurchased during period, shares (in shares) |  |  |  | 111,599 | 1,394,220 | 387,651 |  |
Repurchase of common shares | $ |  |  |  | $ 1 | $ 14 | $ 4 |  |
2023 Share Repurchase Program | Common Shares |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Stock repurchased during period, shares (in shares) |  |  |  |  | 1,298,396 |  |  |
Repurchase of common shares | $ |  |  |  |  | $ 14,300 |  |  |
Treasury stock acquired, average cost per share (in usd per share) | $ / shares |  |  |  |  | $ 11.04 |  |  |
2023 Share Repurchase Program | Preferred Shares |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Remaining authorized repurchase amount | $ |  |  |  | $ 84,200 | $ 84,200 |  |  |
Common Shares |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Number of vote per share | vote |  |  |  | 1 | 1 |  |  |
Common Shares | 2023 Share Repurchase Program |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Share repurchase program, authorized amount | $ |  |  |  |  |  |  |  | $ 150,000
Remaining authorized repurchase amount | $ |  |  |  | $ 116,600 | $ 116,600 |  |  |
Series F Preferred Stock |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares |  |  |  | $ 25.00 | $ 25.00 |  |  |
Preferred stock, redemption after change in control |  |  |  |  | 120 days |  |  |
Share cap ratio on preferred shares on conversion |  |  |  | 2.0649 | 2.0649 |  |  |
Preferred stock, dividend rate, percentage |  |  |  |  | 6.30% |  |  |
Preferred stock, outstanding (in shares) |  |  |  | 6,000,000 | 6,000,000 |  | 6,000,000 |
Series H Cumulative Redeemable Preferred Shares, $0.01 par value |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares |  |  |  | $ 25.00 | $ 25.00 |  |  |
Preferred stock, redemption after change in control |  |  |  |  | 120 days |  |  |
Share cap ratio on preferred shares on conversion |  |  |  | 2.2311 | 2.2311 |  |  |
Preferred stock, dividend rate, percentage |  |  |  |  | 5.70% |  |  |
Preferred stock, outstanding (in shares) |  |  |  | 8,000,000 | 8,000,000 |  | 8,000,000 |
Series E Preferred Stock |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares |  |  |  | $ 25.00 | $ 25.00 |  |  |
Preferred stock, redemption after change in control |  |  |  |  | 120 days |  |  |
Share cap ratio on preferred shares on conversion |  |  |  | 1.9372 | 1.9372 |  |  |
Preferred stock, dividend rate, percentage |  |  |  |  | 6.375% |  |  |
Preferred stock, outstanding (in shares) |  |  |  | 4,400,000 | 4,400,000 |  | 4,400,000 |
Series G Cumulative Redeemable Preferred Shares, $0.01 par value |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares |  |  |  | $ 25.00 | $ 25.00 |  |  |
Preferred stock, redemption after change in control |  |  |  |  | 120 days |  |  |
Share cap ratio on preferred shares on conversion |  |  |  | 2.1231 | 2.1231 |  |  |
Preferred stock, dividend rate, percentage |  |  |  |  | 6.375% |  |  |
Preferred stock, outstanding (in shares) |  |  |  | 9,200,000 | 9,200,000 |  | 9,200,000 |
Preferred Shares | 2023 Share Repurchase Program |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Share repurchase program, authorized amount | $ |  |  |  |  |  |  |  | $ 100,000
Stock repurchased during period, shares (in shares) |  |  |  |  | 0 |  |  |
Series Z Preferred Stock |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Preferred stock, dividend rate, percentage |  |  | 6.00% |  |  |  |  |
Common unit redemption rights, redemption option, common share conversion basis |  |  | 1 |  |  |  |  |
Preferred stock, liquidation preference (in usd per share) | $ / shares |  |  | $ 25.00 |  |  |  |  |
Series Z Preferred Stock | Operating Partnership |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Preferred stock, outstanding (in shares) |  |  |  | 3,104,400 | 3,104,400 |  | 3,104,400 |
Series Z Preferred Stock | Inn On Fifth |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Asset acquisition, equity interest issued or issuable (in shares) |  |  | 3,104,400 |  |  |  |  |

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