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Supplemental Information to Statements of Cash Flows (Tables) | 12 Months Ended
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Dec. 31, 2023
Supplemental Cash Flow Elements [Abstract] |
Schedule of supplemental information to statements of cash flows |
| For the year ended December 31,
| 2023 |  | 2022 |  | 2021
Reconciliation of cash, cash equivalents, and restricted cash reserves |  |  |  |  |
Cash and cash equivalents | $ | 516,675 |  |  | $ | 481,316 |  |  | $ | 665,341 |
Restricted cash reserves | 38,652 |  |  | 55,070 |  |  | 48,528 |
Cash, cash equivalents, and restricted cash reserves | $ | 555,327 |  |  | $ | 536,386 |  |  | $ | 713,869 |
Interest paid | $ | 89,827 |  |  | $ | 87,180 |  |  | $ | 92,729 |
Income taxes paid | $ | 2,538 |  |  | $ | 1,255 |  |  | $ | 477 |
Operating cash flow lease payments for operating leases | $ | 16,899 |  |  | $ | 15,742 |  |  | $ | 12,371 |
Right-of-use asset obtained in exchange for lease obligation | $ | 5,016 |  |  | $ | — |  |  | $ | — |
Right-of-use asset and liability adjustment due to remeasurement | $ | — |  |  | $ | (2,473) |  |  | $ | — |
Supplemental investing and financing transactions |  |  |  |  |
In connection with the acquisitions of hotel properties, the Company recorded the following: |  |  |  |  |
Purchase of hotel properties | $ | — |  |  | $ | 59,000 |  |  | $ | 198,250 |
Transaction costs | — |  |  | 1,110 |  |  | 2,014 |
Operating prorations | — |  |  | (802) |  |  | (589) |
Mortgage debt assumed (non-cash financing activity) | — |  |  | — |  |  | (25,000) |
Acquisition of hotel properties, net | $ | — |  |  | $ | 59,308 |  |  | $ | 174,675 |
In connection with the sales of hotel properties, the Company recorded the following: |  |  |  |  |
Sales price | $ | — |  |  | $ | 49,900 |  |  | $ | 208,507 |
Transaction costs | — |  |  | (834) |  |  | (8,118) |
Operating prorations | — |  |  | (991) |  |  | (1,747) |
Proceeds from sales of hotel properties, net | $ | — |  |  | $ | 48,075 |  |  | $ | 198,642 |
Supplemental non-cash transactions |  |  |  |  |
Change in fair market value of designated interest rate swaps | $ | (17,929) |  |  | $ | 63,570 |  |  | $ | 41,279 |
Accrued capital expenditures | $ | 22,144 |  |  | $ | 17,645 |  |  | $ | 10,049 |
Distributions payable | $ | 22,500 |  |  | $ | 14,622 |  |  | $ | 8,347 |

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- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
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- References No definition available. + Details
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