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Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income (loss) $ (131,339,000) $ (146,995,000)
Adjustments to reconcile net loss to cash flow used in operating activities:    
Gain on sale of hotel properties, net (1,186,000) (94,000)
Gain (Loss) on Extinguishment of Debt 6,207,000 0
Depreciation and amortization 93,858,000 98,402,000
Amortization of deferred financing costs 2,685,000 2,067,000
Other amortization (1,177,000) (1,192,000)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 10,658,000 0
Unrealized Gain (Loss) on Cash Flow Hedging Instruments   1,186,000
Income (Loss) from Equity Method Investments 238,000 390,000
Asset Impairment Charges 5,946,000 0
Amortization of share-based compensation 7,600,000 6,021,000
Deferred income taxes 0 (13,062,000)
Changes in assets and liabilities:    
Hotel and other receivables, net (12,071,000) 28,352,000
Prepaid expense and other assets 1,969,000 16,176,000
Accounts payable and other liabilities 2,058,000 (31,642,000)
Increase (Decrease) in Deferred Revenue (9,399,000) (16,243,000)
Accrued interest (66,000) 2,268,000
Net cash flow used in operating activities (24,019,000) (54,366,000)
Cash flows from investing activities    
Proceeds from the sale of hotel properties, net 16,268,000 94,000
Improvements and additions to hotel properties (25,087,000) (44,678,000)
Increase (Decrease) in Earnest Money Deposits Outstanding (1,500,000) 0
Cash Paid to Equity Method Investment, Contribution (331,000) (100,000)
Distributions from unconsolidated joint ventures in excess of earnings 0 1,577,000
Net cash flow used in investing activities (10,650,000) (43,107,000)
Cash flows from financing activities    
Borrowings under Revolver 0 400,000,000
Repayment of Revolver (200,000,000) 0
Proceeds from mortgage loans (500,000,000) 0
Scheduled mortgage loan principal payments (1,488,000) (1,687,000)
Repayments of Unsecured Debt (356,338,000) 0
Proceeds from (Repayments of) Secured Debt (120,469,000) 0
Repurchase of common shares under a share repurchase program 0 (62,605,000)
Repurchase of common shares to satisfy employee tax withholding requirements (2,075,000) (849,000)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (12,557,000) (12,557,000)
Distributions on common shares (3,369,000) (57,700,000)
Distributions on and redemption of Operating Partnership units (10,000) (427,000)
Payments of deferred financing costs (7,670,000) (2,106,000)
Contributions from consolidated joint venture partners 589,000 1,264,000
Net cash flow (used in) provided by financing activities (203,387,000) 263,333,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (238,056,000) 165,860,000
Cash, cash equivalents, and restricted cash reserves, beginning of year 934,790,000 927,160,000
Cash, cash equivalents, and restricted cash reserves, end of period $ 696,734,000 $ 1,093,020,000