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Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income (loss) $ (283,157,000) $ (320,914,000)
Adjustments to reconcile net loss to cash flow provided by (used in) operating activities:    
Gain on sale of hotel properties, net (3,133,000) (485,000)
Gain (Loss) on Extinguishment of Debt (893,000) 0
Depreciation and amortization 140,923,000 146,777,000
Amortization of deferred financing costs 4,211,000 3,214,000
Other amortization (2,828,000) (1,797,000)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 10,658,000 0
Income (Loss) from Equity Method Investments 470,000 8,196,000
Asset Impairment Charges 144,845,000 0
Amortization of share-based compensation 12,765,000 9,217,000
Deferred income taxes 0 51,447,000
Changes in assets and liabilities:    
Hotel and other receivables, net (15,749,000) 25,460,000
Prepaid expense and other assets 6,665,000 25,164,000
Accounts payable and other liabilities 14,366,000 (23,024,000)
Advance deposits and deferred revenue (11,751,000) (20,172,000)
Accrued interest 2,855,000 10,126,000
Net cash flow provided by (used in) operating activities 20,247,000 (86,791,000)
Cash flows from investing activities    
Acquisition of hotel property, net (58,569,000) 0
Proceeds from sales of hotel properties, net 36,217,000 485,000
Improvements and additions to hotel properties (36,203,000) (57,645,000)
Purchase deposits (5,000,000) 0
Contributions to unconsolidated joint ventures (331,000) (100,000)
Distributions from unconsolidated joint ventures in excess of earnings 0 1,576,000
Net cash flow used in investing activities (63,886,000) (55,684,000)
Cash flows from financing activities    
Borrowings under Revolver 0 400,000,000
Repayment of Revolver (200,000,000) 0
Proceeds from issuances of senior notes 1,000,000,000 0
Redemption of 2025 Senior Notes (including a $9.5 million redemption premium) (484,402,000) 0
Scheduled mortgage loan principal payments (1,488,000) (2,526,000)
Repayments of Term Loans (356,338,000) 0
Repayments of mortgage loans (including $7.0 million in prepayment premiums) (149,183,000) 0
Repurchase of common shares under a share repurchase program 0 (62,605,000)
Repurchase of common shares to satisfy employee tax withholding requirements (2,451,000) (1,445,000)
Distributions on preferred shares (18,836,000) (18,836,000)
Distributions on common shares (5,024,000) (59,351,000)
Distributions on and redemption of Operating Partnership units (24,000) (431,000)
Payments of deferred financing costs (13,982,000) (2,106,000)
Contributions from consolidated joint venture partners 891,000 1,264,000
Net cash flow (used in) provided by financing activities (230,837,000) 253,964,000
Net change in cash, cash equivalents, and restricted cash reserves (274,476,000) 111,489,000
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 $ 660,314,000 $ 1,038,649,000