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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities    
Net income (loss) $ (62,048) $ (170,651)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 103,016 113,222
Amortization of intangibles 55 66
Recognition of deferred income (250) (249)
Bad debt expense 1,421 823
Deferred income tax expense (benefit) 285 387
Equity in (earnings) loss of unconsolidated entities 304 278
(Gain) loss on disposition of assets and hotel properties (284) (292)
(Gain) loss on extinguishment of debt 0 (10,604)
Realized and unrealized (gain) loss on derivatives (9,285) 2,317
Amortization of loan costs, discounts and capitalized default interest and write-off of premiums, loan costs and exit fees 4,546 (12,966)
Equity-based compensation 4,049 5,049
Non-cash interest income (166) (450)
Paid-in kind interest expense 0 14,907
Changes in operating assets and liabilities, exclusive of the effect of dispositions of hotel properties:    
Accounts receivable and inventories (22,213) (17,980)
Prepaid expenses and other assets 3,828 1,332
Operating lease right-of-use assets 262 241
Operating lease liabilities (232) (244)
Accounts payable and accrued expenses and accrued interest payable 8,392 (27,855)
Due to/from related parties 513 (806)
Due to/from third-party hotel managers 2,506 (6,079)
Due to/from Ashford Inc., net 975 (5,050)
Other liabilities (3) (2)
Net cash provided by (used in) operating activities 35,671 (114,606)
Cash Flows from Investing Activities    
Improvements and additions to hotel properties (42,786) (13,534)
Net proceeds from disposition of assets and hotel properties 783 7,291
Proceeds from property insurance 1,009 1,818
Proceeds from note receivable 4,000 0
Net cash provided by (used in) investing activities (36,994) (4,425)
Cash Flows from Financing Activities    
Borrowings on indebtedness, net of commitment fee 0 195,500
Repayments of indebtedness (11,877) (5,782)
Payments for loan costs and exit fees (1,688) (18,188)
Payments for dividends and distributions (6,207) 0
Purchases of common stock (118) (48)
Payments for derivatives (5,255) (785)
Proceeds from common stock offerings 0 371,498
Common stock offering costs (215) 0
Net cash provided by (used in) financing activities (25,360) 542,195
Net increase (decrease) in cash, cash equivalents and restricted cash (including cash, cash equivalents and restricted cash held for sale) (26,683) 423,164
Less: net (increase) decrease in cash, cash equivalents and restricted cash classified within assets held for sale (1,144) 0
Net increase (decrease) in cash, cash equivalents and restricted cash (27,827) 423,164
Cash, cash equivalents and restricted cash at beginning of period 691,644 167,313
Cash, cash equivalents and restricted cash and at end of period 663,817 590,477
Supplemental Cash Flow Information    
Interest paid 93,467 115,956
Income taxes paid (refunded) 4,139 288
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Accrued but unpaid capital expenditures 13,798 5,543
Accrued stock offering costs 58 187
Common stock purchases accrued but not paid 34 0
Non-cash extinguishment of debt 0 9,604
Non-cash loan principal associated with default interest and late charges 0 32,627
Non-cash extinguishment of preferred stock 0 183,826
Issuance of common stock from preferred stock exchanges 0 181,078
Debt discount associated with embedded debt derivative 0 43,681
Credit facility commitment fee 0 4,500
Dividends and distributions declared but not paid 3,104 236
Supplemental Disclosure of Cash, Cash Equivalents and Restricted Cash    
Cash and cash equivalents 537,822 520,387
Cash and cash equivalents at end of period included in assets held for sale 584 0
Restricted cash 125,995 70,090
Restricted cash included in assets held for sale 560 0
Cash, cash equivalents and restricted cash $ 664,961 $ 590,477