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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investment in hotel properties, net $ 2,538,470 $ 2,951,932
Cash and cash equivalents 111,065 165,231
Restricted cash 132,949 146,079
Accounts receivable, Carrying value 56,041 45,521
Allowance for doubtful accounts receivable 1,302 1,214
Inventories 3,754 3,679
Deferred costs 1,750 1,808
Prepaid expenses 22,133 12,806
Other assets 18,948 25,309
Indebtedness, net 2,934,894 3,040,951
Other finance liability 26,908 26,858
Accounts payable and accrued expenses 130,613 129,323
Accrued interest payable 12,511 12,985
Dividends and distributions declared but not paid $ 3,651 $ 3,566
Preferred stock, par value (in dollars per shares) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 50,000,000 50,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 400,000,000 400,000,000
Common stock, shares issued (in shares) 40,167,334 37,422,056
Common stock, shares outstanding (in shares) 40,167,334 37,422,056
Ashford, Inc.    
Other accounts payable $ 9,732 $ 13,261
Related Party    
Other accounts payable 2,003 5,874
Nonrelated Party    
Other accounts payable $ 1,487 $ 1,193
Preferred Stock, Series J    
Redeemable Preferred Stock, par value (in dollars per share) $ 0.01 $ 0.01
Redeemable Preferred Stock, shares issued (in shares) 4,353,135 3,475,318
Redeemable Preferred Stock, shares outstanding (in shares) 4,353,135 3,475,318
Preferred Stock, Series K    
Redeemable Preferred Stock, par value (in dollars per share) $ 0.01 $ 0.01
Redeemable Preferred Stock, shares issued (in shares) 262,060 194,193
Redeemable Preferred Stock, shares outstanding (in shares) 262,060 194,193
Preferred Stock, Series D    
Preferred stock, shares issued (in shares) 1,159,927 1,159,927
Preferred stock, shares outstanding (in shares) 1,159,927 1,159,927
Preferred Stock, Series F    
Preferred stock, shares issued (in shares) 1,104,344 1,175,344
Preferred stock, shares outstanding (in shares) 1,104,344 1,175,344
Preferred Stock, Series G    
Preferred stock, shares issued (in shares) 1,531,996 1,531,996
Preferred stock, shares outstanding (in shares) 1,531,996 1,531,996
Preferred Stock, Series H    
Preferred stock, shares issued (in shares) 1,099,325 1,170,325
Preferred stock, shares outstanding (in shares) 1,099,325 1,170,325
Preferred Stock, Series I    
Preferred stock, shares issued (in shares) 1,143,923 1,160,923
Preferred stock, shares outstanding (in shares) 1,143,923 1,160,923
Variable Interest Entity, Primary Beneficiary    
Investment in hotel properties, net $ 129,063 $ 122,938
Cash and cash equivalents 3,675 2,363
Restricted cash 9,600 17,346
Accounts receivable, Carrying value 218 271
Inventories 4 5
Deferred costs 206 218
Prepaid expenses 867 651
Other assets 1,645 1,433
Indebtedness, net 70,546 70,073
Other finance liability 26,908 26,858
Accounts payable and accrued expenses 12,582 14,405
Accrued interest payable 520 241
Dividends and distributions declared but not paid 1 147
Variable Interest Entity, Primary Beneficiary | Ashford, Inc.    
Other accounts payable 3,553 1,396
Variable Interest Entity, Primary Beneficiary | Related Party    
Other accounts payable 48 123
Variable Interest Entity, Primary Beneficiary | Nonrelated Party    
Other accounts payable $ 122 $ 110