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Supplemental Information to Statements of Cash Flows
 9 Months Ended
Sep. 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 nine months ended September 30,
20242023
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents$385,384 $494,563 
Restricted cash reserves38,958 35,807 
Cash, cash equivalents, and restricted cash reserves$424,342 $530,370 
Interest paid$86,921 $76,935 
Income taxes paid$2,097 $1,910 
Operating cash flow lease payments for operating leases$11,614 $13,005 
Right-of-use asset obtained in exchange for lease obligation$— $5,016 
Right-of-use asset and lease liability adjustments due to remeasurement$(1,165)$— 
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 prices$160,500 $— 
Application of purchase deposit(2,400)— 
Transaction costs887 — 
Operating prorations(243)— 
Acquisitions, net$158,744 $— 
In connection with the sales of hotel properties, the Company recorded the following:
Sales prices$20,778 $— 
Transaction costs(1,077)(28)
Operating prorations(159)— 
Proceeds from sales of hotel properties, net$19,542 $(28)
Supplemental non-cash transactions
Accrued capital expenditures$18,241 $13,645