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Supplemental Information to Statements of Cash Flows (Tables)

9 Months Ended

Sep. 30, 2024

Supplemental Cash Flow Elements [Abstract]

Schedule of supplemental information to statements of cash flows


			For the nine months ended September 30,
			2024						2023
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents			$	385,384					$	494,563
Restricted cash reserves			38,958						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 costs			887						—
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