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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Investment in hotel properties, gross $ 3,603,062 $ 4,245,264
Accumulated depreciation (1,118,574) (1,293,332)
Investment in hotel properties, net 2,484,488 2,951,932
Cash and cash equivalents 119,659 165,231
Restricted cash 114,282 146,079
Accounts receivable, net 49,874 45,521
Allowance for doubtful accounts receivable 539 1,214
Inventories 3,678 3,679
Deferred costs 1,824 1,808
Prepaid expenses 14,250 12,806
Other assets 18,941 25,309
Indebtedness, net 2,734,537 3,040,951
Other finance liability 27,015 26,858
Accounts payable and accrued expenses 146,402 129,323
Accrued interest payable 10,714 12,985
Dividends and distributions declared but not paid $ 3,833 $ 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) 5,443,905 3,742,205
Common stock, shares outstanding (in shares) 5,443,905 3,742,205
Ashford, Inc.    
Other accounts payable $ 6,407 $ 13,261
Related Party    
Other receivables 2,078 0
Other accounts payable 0 5,874
Nonrelated Party    
Other receivables 26,684 21,664
Other accounts payable $ 1,149 $ 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) 6,158,835 3,475,318
Redeemable Preferred Stock, shares outstanding (in shares) 6,158,835 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) 526,708 194,193
Redeemable Preferred Stock, shares outstanding (in shares) 526,708 194,193
Preferred Stock, Series D    
Preferred stock, shares issued (in shares) 1,111,127 1,159,927
Preferred stock, shares outstanding (in shares) 1,111,127 1,159,927
Preferred Stock, Series F    
Preferred stock, shares issued (in shares) 1,037,044 1,175,344
Preferred stock, shares outstanding (in shares) 1,037,044 1,175,344
Preferred Stock, Series G    
Preferred stock, shares issued (in shares) 1,472,948 1,531,996
Preferred stock, shares outstanding (in shares) 1,472,948 1,531,996
Preferred Stock, Series H    
Preferred stock, shares issued (in shares) 1,040,956 1,170,325
Preferred stock, shares outstanding (in shares) 1,040,956 1,170,325
Preferred Stock, Series I    
Preferred stock, shares issued (in shares) 1,034,303 1,160,923
Preferred stock, shares outstanding (in shares) 1,034,303 1,160,923
Variable Interest Entity, Primary Beneficiary    
Investment in hotel properties, gross $ 159,495 $ 147,664
Accumulated depreciation (28,269) (24,726)
Investment in hotel properties, net 131,226 122,938
Cash and cash equivalents 6,011 2,363
Restricted cash 4,571 17,346
Accounts receivable, net 540 271
Inventories 47 5
Deferred costs 185 218
Prepaid expenses 863 651
Other assets 2,384 1,433
Other receivables 243 0
Indebtedness, net 65,889 70,073
Other finance liability 27,015 26,858
Accounts payable and accrued expenses 20,041 14,405
Accrued interest payable 214 241
Dividends and distributions declared but not paid 0 147
Variable Interest Entity, Primary Beneficiary | Ashford, Inc.    
Other accounts payable 4,816 1,396
Variable Interest Entity, Primary Beneficiary | Related Party    
Other accounts payable 0 123
Variable Interest Entity, Primary Beneficiary | Nonrelated Party    
Other accounts payable $ 25 $ 110