XML 78 R63.htm IDEA: XBRL DOCUMENT v3.22.4
Supplemental Information to Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Supplemental Cash Flows [Line Items]        
Cash and cash equivalents $ 481,316 $ 665,341 $ 899,813  
Restricted cash reserves 55,070 48,528 34,977  
Cash, cash equivalents, and restricted cash reserves 536,386 713,869 934,790 $ 927,160
Interest Paid, Excluding Capitalized Interest, Operating Activities 87,180 92,729 98,511  
Income taxes paid 1,255 477 1,501  
Operating cash flow lease payments for operating leases 15,742 12,371 11,813  
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability (2,473) 0 (4,100)  
In conjunction with the acquisitions of hotel properties, the Company recorded the following:        
Purchase of hotel properties 59,000 198,250 0  
Transaction costs 1,110 2,014 0  
Operating prorations (802) (589)    
Mortgage debt assumed (non-cash financing activity) 0 (25,000) 0  
Acquisition of hotel properties, net 59,308 174,675 0  
In conjunction with the sale of hotel properties, the Company recorded the following:        
Sales price 49,900 208,507 4,883  
Transaction costs (834) (8,118) (133)  
Operating prorations (991) (1,747) (98)  
Receipt of forfeited deposit 0 0 517  
Proceeds from the sale of hotel properties, net 48,075 198,642 5,169  
Supplemental non-cash transactions        
Change in fair market value of designated interest rate swaps 63,570 41,279 (49,536)  
Accrued capital expenditures 17,645 10,049 7,313  
Distributions payable 14,622 8,347 8,752  
Accumulated Other Comprehensive Loss        
Supplemental non-cash transactions        
Change in fair market value of designated interest rate swaps $ 63,570 $ 41,279 $ (49,536)