XML 45 R33.htm IDEA: XBRL DOCUMENT v3.25.1
Dispositions, Impairment Charges and Assets Held For Sale (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Hotel Dispositions and Assets Held for Sale The following table includes condensed financial information for the three months ended March 31, 2025 and 2024 from the Company’s dispositions (in thousands):
Three Months Ended March 31,
20252024
Total hotel revenue
$159 $36,385 
Total hotel operating expenses(363)(27,036)
Property taxes, insurance and other180 (2,971)
Depreciation and amortization— (4,221)
Total operating expenses(183)(34,228)
Gain (loss) on consolidation of VIE and disposition of assets and hotel properties31,868 6,956 
Gain (loss) on derecognition of assets
10,046 133,909 
Operating income (loss)41,890 143,022 
Interest income— 101 
Interest expense and amortization of discounts and loan costs(126)(6,310)
Interest expense associated with hotels in receivership
(10,046)(12,098)
Income (loss) before income taxes31,718 124,715 
(Income) loss before income taxes attributable to redeemable noncontrolling interests in operating partnership(507)(1,559)
Net income (loss) attributable to the Company$31,211 $123,156