XML 105 R89.htm IDEA: XBRL DOCUMENT v3.22.0.1
Equity - Narrative (Details)
 3 Months Ended 12 Months Ended 13 Months Ended 49 Months Ended
Nov. 23, 2021
Sep. 09, 2021
shares
Jul. 02, 2021
shares
Jun. 18, 2021
shares
Jun. 07, 2021
USD ($)
tradingDay
shares
May 17, 2021
shares
Mar. 12, 2021
shares
Jan. 22, 2021
shares
Dec. 07, 2020
shares
Nov. 25, 2020
$ / shares
Dec. 31, 2021
$ / shares
shares
Dec. 31, 2021
hotel
$ / shares
shares
Dec. 31, 2020
hotel
$ / shares
shares
Dec. 31, 2019
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 11, 2017
USD ($)
Dec. 05, 2017
USD ($)
$ / shares
Class of Stock [Line Items]                                    
Common stock, par value (in dollars per share)                   $ 0.01 $ 0.01 $ 0.01 $ 0.01   $ 0.01 $ 0.01   $ 0.01
Authorized amount | $                                   $ 200,000,000
Stock repurchased (in shares) | shares                       0 0 0        
Additional acquisition of common stock (in shares) | shares                       1,420 3,056 2,107        
Preferred stock, shares authorized (in shares) | shares                     50,000,000 50,000,000 50,000,000   50,000,000 50,000,000    
Preferred stock, par value (in dollars per shares)                     $ 0.01 $ 0.01 $ 0.01   $ 0.01 $ 0.01    
Hotel Properties | Two Interstate Hotels                                    
Class of Stock [Line Items]                                    
Ownership percentage of operating partnership                     100.00% 100.00% 15.00%   100.00% 100.00%    
Number of hotel properties held by joint ventures | hotel                       2 2          
Preferred Stock, Series D                                    
Class of Stock [Line Items]                                    
Preferred stock percentage 8.45%                 8.45% 8.45% 8.45%            
Preferred stock, par value (in dollars per shares)                   $ 0.01                
Preferred stock, shares outstanding (in shares) | shares                     1,174,427 1,174,427 1,791,461   1,174,427 1,174,427    
Redemption price of preferred stock (in dollars per share)                     $ 25 $ 25     $ 25 $ 25    
Liquidation preference (in dollars per share)                     $ 25.00 25.00     $ 25.00 $ 25.00    
Annual dividend rate per share (in dollars per share)                       $ 2.1124            
Increased dividend rate percentage                       9.45%            
Preferred Stock, Series F                                    
Class of Stock [Line Items]                                    
Preferred stock percentage 7.375%                 7.375% 7.375% 7.375%            
Preferred stock, par value (in dollars per shares)                   $ 0.01                
Preferred stock, shares outstanding (in shares) | shares                     1,251,044 1,251,044 2,891,440   1,251,044 1,251,044    
Redemption price of preferred stock (in dollars per share)                     $ 25.00 $ 25.00     $ 25.00 $ 25.00    
Liquidation preference (in dollars per share)                     $ 25.00 25.00     $ 25.00 $ 25.00    
Annual dividend rate per share (in dollars per share)                       $ 1.8436            
Conversion ratio to common stock                     0.09690 0.09690     0.09690 0.09690    
Preferred Stock, Series G                                    
Class of Stock [Line Items]                                    
Preferred stock percentage 7.375%                 7.375% 7.375% 7.375%            
Preferred stock, par value (in dollars per shares)                   $ 0.01                
Preferred stock, shares outstanding (in shares) | shares                     1,531,996 1,531,996 4,422,623   1,531,996 1,531,996    
Redemption price of preferred stock (in dollars per share)                     $ 25.00 $ 25.00     $ 25.00 $ 25.00    
Liquidation preference (in dollars per share)                     $ 25.00 25.00     $ 25.00 $ 25.00    
Annual dividend rate per share (in dollars per share)                       $ 1.8436            
Conversion ratio to common stock                     0.08333 0.08333     0.08333 0.08333    
Preferred Stock, Series H                                    
Class of Stock [Line Items]                                    
Preferred stock percentage 7.50%                 7.50% 7.50% 7.50%            
Preferred stock, par value (in dollars per shares)                   $ 0.01                
Preferred stock, shares outstanding (in shares) | shares                     1,308,415 1,308,415 2,668,637   1,308,415 1,308,415    
Redemption price of preferred stock (in dollars per share)                     $ 25.00 $ 25.00     $ 25.00 $ 25.00    
Liquidation preference (in dollars per share)                     $ 25.00 25.00     $ 25.00 $ 25.00    
Annual dividend rate per share (in dollars per share)                       $ 1.8750            
Conversion ratio to common stock                     0.08251 0.08251     0.08251 0.08251    
Preferred Stock, Series I                                    
Class of Stock [Line Items]                                    
Preferred stock percentage 7.50%                 7.50% 7.50% 7.50%            
Preferred stock, par value (in dollars per shares)                   $ 0.01                
Preferred stock, shares outstanding (in shares) | shares                     1,252,923 1,252,923 3,391,349   1,252,923 1,252,923    
Redemption price of preferred stock (in dollars per share)                     $ 25.00 $ 25.00     $ 25.00 $ 25.00    
Liquidation preference (in dollars per share)                     $ 25.00 25.00     $ 25.00 $ 25.00    
Annual dividend rate per share (in dollars per share)                       $ 1.8750            
Conversion ratio to common stock                     0.08065 0.08065     0.08065 0.08065    
Private Placement | Lincoln Park Capital Fund, LLC                                    
Class of Stock [Line Items]                                    
Shares issued (in shares) | shares             16,000   19,000           1,000,000      
Gross proceeds received | $                             $ 25,100,000      
Shares authorized (in shares) | shares             2,100,000   1,100,000                  
Private Placement | Keystone Capital Partners, LLC                                    
Class of Stock [Line Items]                                    
Shares issued (in shares) | shares           4,000                        
Shares authorized (in shares) | shares           3,100,000                        
Private Placement | YA II PN, Ltd.                                    
Class of Stock [Line Items]                                    
Shares authorized (in shares) | shares         3,800,000     1,400,000                    
Anniversary of agreement (in months)         36 months                          
Percentage of the Market Price         95.00%                          
Ownership threshold (as a percent)         4.99%                          
Consecutive trading days prior to advance notice | tradingDay         5                          
Structuring fee | $         $ 5,000                          
Private Placement | Seven Knots, LLC                                    
Class of Stock [Line Items]                                    
Shares authorized (in shares) | shares       4,000,000                            
Private Placement | B. Riley Principal Capital, LLC                                    
Class of Stock [Line Items]                                    
Shares authorized (in shares) | shares     4,600,000                              
Private Placement | M3A LP                                    
Class of Stock [Line Items]                                    
Shares authorized (in shares) | shares   6,000,000                                
Common Stock | At-The-Market Equity Distribution                                    
Class of Stock [Line Items]                                    
Aggregate offering price | $                                 $ 100,000,000  
Shares issued (in shares) | shares                               437,000    
Gross proceeds received | $                               $ 27,500,000