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Segment Reporting - Schedule of Reconciliation of Operating Income (Loss) to Net Income (Loss) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenue $ 302,001 $ 316,482 $ 579,360 $ 620,378
Depreciation and amortization (35,276) (37,187) (72,615) (77,731)
Impairment charges (1,447) 0 (1,447) 0
Advisory services fee (12,017) (11,474) (23,562) (26,675)
Corporate, general, and administrative (5,485) (7,194) (9,817) (15,403)
Gain (loss) on disposition of assets and hotel properties 6,684 87,441 38,552 94,397
Gain (loss) on derecognition of assets 9,900 11,725 19,946 145,634
Equity in earnings (loss) of unconsolidated entities 44 (162) (387) (695)
Interest income 1,253 1,688 2,467 3,672
Other income (expense), net 0 37 0 72
Interest expense associated with hotels in receivership (9,902) (11,944) (19,948) (24,042)
Write-off of premiums, loan costs and exit fees (1,486) (3,796) (6,083) (3,814)
Gain (loss) on extinguishment of debt (2) 0 (15) 45
Realized and unrealized gain (loss) on derivatives (836) 1,357 (3,576) 6,118
Income tax (expense) benefit (119) (3,455) (436) (3,758)
NET INCOME (LOSS) (32,439) 50,811 (54,637) 123,216
Other        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenue 456 683 765 1,322
Other hotel        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenue 19,006 16,934 35,226 33,626
Direct Hotel Investments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Hotel adjusted EBITDA 91,052 93,891 168,387 171,375
Depreciation and amortization (35,276) (37,187) (72,615) (77,731)
Impairment charges (1,447) 0 (1,447) 0
Advisory services fee (12,017) (11,474) (23,562) (26,675)
Corporate, general, and administrative (5,485) (7,194) (9,817) (15,403)
Gain (loss) on disposition of assets and hotel properties 6,684 87,441 38,552 94,397
Gain (loss) on derecognition of assets 9,900 11,725 19,946 145,634
Equity in earnings (loss) of unconsolidated entities 44 (162) (387) (695)
Interest income 1,253 1,688 2,467 3,672
Other income (expense), net 0 37 0 72
Interest expense and amortization of discounts and loan costs (70,687) (68,416) (137,489) (142,377)
Interest expense associated with hotels in receivership (9,902) (11,944) (19,948) (24,042)
Write-off of premiums, loan costs and exit fees (1,486) (3,796) (6,083) (3,814)
Gain (loss) on extinguishment of debt (2) 0 (15) 45
Realized and unrealized gain (loss) on derivatives (836) 1,357 (3,576) 6,118
Income tax (expense) benefit (119) (3,455) (436) (3,758)
NET INCOME (LOSS) (32,439) 50,811 (54,637) 123,216
Direct Hotel Investments | Stirling OP        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Hotel adjusted EBITDA 1,173 1,230 2,302 2,030
Direct Hotel Investments | Other        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenue 456 683 765 1,322
Direct Hotel Investments | Other hotel        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenue 18,905 16,875 35,058 33,502
Cost of goods and service, adjusted (5,152) (2,793) (10,499) (5,444)
Direct Hotel Investments | Management Fees        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Cost of goods and service, adjusted (72) (78) (342) (540)
Ownership expenses included in property taxes, insurance and other $ (520) $ (742) $ (840) $ (970)