XML 54 R43.htm IDEA: XBRL DOCUMENT v3.21.2
Organization and Description of Business (Details)
3 Months Ended 9 Months Ended
Jun. 28, 2021
Sep. 30, 2021
USD ($)
hotel
room
unit
shares
Sep. 30, 2020
USD ($)
hotel
Sep. 30, 2021
USD ($)
hotel
room
unit
shares
Sep. 30, 2020
USD ($)
hotel
Jul. 16, 2021
shares
Jul. 15, 2021
shares
Jan. 15, 2021
USD ($)
Dec. 31, 2020
USD ($)
shares
Dec. 31, 2019
USD ($)
Real Estate Properties [Line Items]                    
Number of hotels | hotel   100 116 103 117          
Number of rooms | room   22,313   22,313            
Number of rooms owned, net of partnership interest | room   22,286   22,286            
Investment in unconsolidated entity   $ 2,638,000   $ 2,638,000         $ 2,811,000  
Stock split ratio 0.1                  
Number of shares of common stock (in shares) | shares   32,557,527   32,557,527   26,500,000 265,100,000   6,436,250  
Number of outstanding units (in shares) | shares           402,000 4,000,000      
Cash and cash equivalents   $ 672,961,000 $ 120,916,000 $ 672,961,000 $ 120,916,000       $ 92,905,000 $ 262,636,000
Restricted cash   $ 84,985,000 $ 89,495,000 $ 84,985,000 $ 89,495,000       $ 74,408,000 $ 135,571,000
Line of Credit | Credit Agreement, Initial Term Loan | Oaktree Capital Management, L.P.                    
Real Estate Properties [Line Items]                    
Principal amount               $ 200,000,000    
Line of Credit | Credit Agreement, Initial Delayed Draw Term Loan | Oaktree Capital Management, L.P.                    
Real Estate Properties [Line Items]                    
Principal amount               150,000,000    
Line of Credit | Credit Agreement, Additional Delayed Draw Term Loan | Oaktree Capital Management, L.P.                    
Real Estate Properties [Line Items]                    
Principal amount               $ 100,000,000    
World Quest Resort                    
Real Estate Properties [Line Items]                    
Number of rooms | unit   88   88            
OpenKey                    
Real Estate Properties [Line Items]                    
Ownership percentage   16.70%   16.70%         17.50%  
Investment in unconsolidated entity   $ 2,638,000   $ 2,638,000         $ 2,811,000  
Wholly Owned Properties                    
Real Estate Properties [Line Items]                    
Number of hotel properties | hotel   98   98            
Majority Owned Properties                    
Real Estate Properties [Line Items]                    
Number of hotel properties | hotel   2   2            
Subsidiaries                    
Real Estate Properties [Line Items]                    
Number of hotels | hotel       100            
Number of hotel properties managed by affiliates | hotel   68   68