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Equity (Details) - USD ($)
$ / shares in Units, $ in Thousands
 2 Months Ended 12 Months Ended
Feb. 27, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Apr. 28, 2023
May 05, 2011
Equity            
Total authorized for issuance number of common shares of beneficial interest (in shares)   450,000,000 450,000,000     450,000,000
Number of shares acquired as part of a share repurchase program (in shares)     4,907,094      
Shares acquired as part of a share repurchase program   $ 75,976 $ 57,639      
Common stock, dividends, per share   $ 0.36 $ 0.12 $ 0.04    
Total authorized for issuance number of preferred shares of beneficial interest (in shares)   50,000,000 50,000,000     50,000,000
Preferred Stock, Convertible, Conversion Ratio   28.06%        
Number of OP units outstanding (in shares)   156,069,660        
Limited Partner's ownership interest in the Operating Partnership   99.50%        
Limited Partners            
Equity            
Limited Partner's ownership interest in the Operating Partnership   0.50%        
Number of OP units outstanding (in shares)   771,831        
The Knickerbocker New York            
Equity            
Noncontrolling ownership interest of third party   5.00%        
Series A Cumulative Preferred Stock            
Equity            
Total authorized for issuance number of preferred shares of beneficial interest (in shares)   12,950,000 12,950,000      
Preferred stock, dividends per share, declared   $ 1.95 $ 1.95 $ 1.95    
Subsequent Event            
Equity            
Shares acquired as part of a share repurchase program $ 1,300          
2023 Share Repurchase Program            
Equity            
Share repurchase program, authorized amount         $ 250,000  
Number of shares acquired as part of a share repurchase program (in shares)   7,463,632        
Shares acquired as part of a share repurchase program   $ 36,100        
2023 Share Repurchase Program | Subsequent Event            
Equity            
Number of shares acquired as part of a share repurchase program (in shares) 105,511          
Remaining authorized repurchase amount $ 212,700          
2022 Share Repurchase Program            
Equity            
Shares acquired as part of a share repurchase program   $ 39,900