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Summary of Fair Value of Financial Instruments - Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Dec. 31, 2019
Financial assets and liabilities measured at fair value:        
Derivative assets, Carrying value $ 71 $ 263    
Financial assets not measured at fair value:        
Cash and cash equivalents 672,961 92,905 $ 120,916 $ 262,636
Restricted cash, Carrying value 84,985 74,408 89,495 $ 135,571
Accounts receivable, Carrying value 38,284 21,760    
Notes receivable, net, Carrying value 8,642 8,263    
Due from Ashford Inc., net, Carrying value 1,264 0    
Due from related parties, net 7,319 5,801    
Due from third-party hotel managers, Carrying value 24,077 9,383    
Financial liabilities not measured at fair value:        
Accounts payable and accrued expenses 118,267 99,954    
Accrued interest payable 16,964 98,685    
Dividends payable, Carrying value 236 868 $ 868  
Due to Ashford Inc., net, Carrying value 0 13,383    
Due to related parties, net, Carrying value 800 0    
Due to third-party hotel managers, Carrying value 958 184    
Carrying Value        
Financial assets and liabilities measured at fair value:        
Derivative assets, Carrying value 71 263    
Derivative liabilities, Carrying value 38,952 0    
Financial assets not measured at fair value:        
Cash and cash equivalents 672,961 92,905    
Restricted cash, Carrying value 84,985 74,408    
Accounts receivable, Carrying value 38,284 21,760    
Notes receivable, net, Carrying value 8,642 8,263    
Due from Ashford Inc., net, Carrying value 1,264 0    
Due from related parties, net 7,319 5,801    
Due from third-party hotel managers, Carrying value 24,077 9,383    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying value 3,867,739 3,711,297    
Accounts payable and accrued expenses 118,267 99,954    
Accrued interest payable 16,964 98,685    
Dividends payable, Carrying value 236 868    
Due to Ashford Inc., net, Carrying value 0 13,383    
Due to related parties, net, Carrying value 800 0    
Due to third-party hotel managers, Carrying value 958 184    
Estimated Fair Value        
Financial assets and liabilities measured at fair value:        
Derivative assets, Estimated fair value 71 263    
Derivative liabilities, Estimated fair value 38,952 0    
Financial assets not measured at fair value:        
Cash and cash equivalents, Estimated fair value 672,961 92,905    
Restricted cash, Estimated fair value 84,985 74,408    
Accounts receivable, Estimated fair value 38,284 21,760    
Due from Ashford, Inc., net, Estimated fair value 1,264 0    
Due from related parties, net, Estimated fair value 7,319 5,801    
Due from third party hotel managers, Estimated fair value 24,077 9,383    
Financial liabilities not measured at fair value:        
Accounts payable and accrued expenses, Estimated fair value 118,267 99,954    
Accrued interest payable, Estimated fair value 16,964 98,685    
Dividends payable, Estimated fair value 236 868    
Due to Ashford Inc., net, Estimated fair value 0 13,383    
Due to related parties, net, Estimated fair value 800 0    
Due to third-party hotel managers, Estimated fair value 958 184    
Minimum | Estimated Fair Value        
Financial assets not measured at fair value:        
Notes receivable, net, Estimated fair value 8,210 7,850    
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value 3,413,404 3,167,369    
Maximum | Estimated Fair Value        
Financial assets not measured at fair value:        
Notes receivable, net, Estimated fair value 9,074 8,676    
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value $ 3,772,713 $ 3,500,777