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Supplemental Information to Statements of Cash Flows
3 Months Ended
Mar. 31, 2026
Supplemental Cash Flow Elements [Abstract]  
Supplemental Information to Statements of Cash Flows Supplemental Information to Statements of Cash Flows (in thousands)
For the three months ended March 31,
20262025
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents$353,084 $347,526 
Restricted cash reserves34,375 24,868 
Cash, cash equivalents, and restricted cash reserves$387,459 $372,394 
Interest paid$35,621 $35,618 
Income taxes paid (refunded)$155 $(56)
Operating cash flow lease payments for operating leases$3,222 $3,436 
Supplemental investing and financing transactions
In connection with the sales of hotel properties, the Company recorded the following:
Sales price$— $24,250 
Transaction costs(28)(107)
Operating prorations— (22)
Proceeds from sales of hotel properties, net$(28)$24,121 
Supplemental non-cash transactions
Accrued capital expenditures$10,748 $23,967 
Distributions payable$30,516 $30,346