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Supplemental Information to Statements of Cash Flows
 6 Months Ended
Jun. 30, 2024
Supplemental Cash Flow Elements [Abstract]  
Supplemental Information to Statements of Cash Flows Supplemental Information to Statements of Cash Flows (in thousands)
For the six months ended June 30,
20242023
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents$371,133 $476,936 
Restricted cash reserves36,081 34,396 
Cash, cash equivalents, and restricted cash reserves$407,214 $511,332 
Interest paid$50,355 $44,386 
Income taxes paid$2,055 $1,924 
Operating cash flow lease payments for operating leases$7,821 $8,630 
Right-of-use asset obtained in exchange for lease obligation$— $5,016 
Right-of-use asset and lease liability adjustments due to remeasurement$(1,221)$— 
Right-of-use asset and lease liability reclassifications to land due to acquisition$1,187 $— 
Supplemental investing and financing transactions
In connection with acquisitions, the Company recorded the following:
Purchase price$160,500 $— 
Application of purchase deposit(2,400)— 
Transaction costs488 — 
Operating prorations(243)— 
Acquisitions, net$158,345 $— 
In connection with the sales of hotel properties, the Company recorded the following:
Sales price$8,078 $— 
Transaction costs(394)(44)
Operating prorations(5)— 
Proceeds from sales of hotel properties, net$7,679 $(44)
Supplemental non-cash transactions
Accrued capital expenditures$18,440 $10,854