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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUE    
Total revenue $ 247,138 $ 115,830
Hotel operating expenses:    
Total hotel expenses 176,778 91,547
Property taxes, insurance and other 16,459 17,471
Depreciation and amortization 52,120 57,627
Advisory services fee 13,386 12,161
Corporate, general and administrative 3,104 6,997
Total expenses 261,847 185,803
Gain (loss) on disposition of assets and hotel properties 103 (69)
OPERATING INCOME (LOSS) (14,606) (70,042)
Equity in earnings (loss) of unconsolidated entities (153) (137)
Interest income 51 13
Other income (expense) 101 229
Interest expense and amortization of discounts and loan costs (43,559) (33,264)
Write-off of premiums, loan costs and exit fees (727) (3,379)
Unrealized gain (loss) on derivatives 3,211 919
INCOME (LOSS) BEFORE INCOME TAXES (55,682) (105,661)
Income tax (expense) benefit (120) 271
NET INCOME (LOSS) (55,802) (105,390)
(Income) loss attributable to noncontrolling interest in consolidated entities 0 81
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership 372 2,271
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY (55,430) (103,038)
Preferred dividends (3,103) 818
Gain (loss) on extinguishment of preferred stock 0 10,635
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (58,533) $ (91,585)
Basic:    
Net income (loss) attributable to common stockholders (in dollars per share) $ (1.71) $ (11.01)
Weighted average common shares outstanding (in shares) 34,269 8,305
Diluted:    
Net income (loss) attributable to common stockholders (in dollars per share) $ (1.71) $ (11.01)
Weighted average common shares outstanding (in shares) 34,269 8,305
Total hotel revenue    
REVENUE    
Total revenue $ 246,526 $ 115,445
Rooms    
REVENUE    
Total revenue 195,330 97,114
Hotel operating expenses:    
Total hotel expenses 47,406 23,724
Food and beverage    
REVENUE    
Total revenue 36,760 7,903
Hotel operating expenses:    
Total hotel expenses 27,770 6,527
Other hotel    
REVENUE    
Total revenue 14,436 10,428
Hotel operating expenses:    
Total hotel expenses 92,048 55,769
Other    
REVENUE    
Total revenue 612 385
Management fees    
Hotel operating expenses:    
Total hotel expenses $ 9,554 $ 5,527