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Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of segment information

			For the Year Ended December 31, 2022
			Hotels						Net Lease						Corporate						Consolidated
Revenues:
Hotel operating revenues			$	1,467,344					$	—					$	—					$	1,467,344
Rental income			—						395,667						—						395,667
Total revenues			1,467,344						395,667						—						1,863,011
Expenses:
Hotel operating expenses			1,227,357						—						—						1,227,357
Other operating expenses			—						13,176						—						13,176
Depreciation and amortization			221,416						179,692						—						401,108
General and administrative			—						—						44,404						44,404
Transaction related costs			—						—						1,920						1,920
Loss on asset impairment			10,537						452						—						10,989
Total expenses			1,459,310						193,320						46,324						1,698,954
Gain on sale of real estate, net			48,202						(384)						—						47,818
Unrealized (losses) on equity securities			—						—						(8,104)						(8,104)
Interest income			24						29						3,326						3,379
Interest expense			—						—						(341,795)						(341,795)
Loss on early extinguishment of debt			—						—						(791)						(791)
Income (loss) before income taxes and equity in losses of an investee			56,260						201,992						(393,688)						(135,436)
Income tax benefit			—						—						199						199
Equity in earnings of an investee			—						—						2,856						2,856
Net income (loss)			$	56,260					$	201,992					$	(390,633)					$	(132,381)

			As of December 31, 2022
			Hotels						Net Lease						Corporate						Consolidated
Total assets			3,882,701						3,376,295						229,195						7,488,191

			For the Year Ended December 31, 2021
			Hotels						Net Lease						Corporate						Consolidated
Revenues:
Hotel operating revenues			$	1,104,678					$	—					$	—					$	1,104,678
Rental income			1,808						389,094						—						390,902
Total revenues			1,106,486						389,094						—						1,495,580
Expenses:
Hotel operating expenses			1,010,737						—						—						1,010,737
Other operating expenses			—						15,658						—						15,658
Depreciation and amortization			266,641						219,324						—						485,965
General and administrative			—						—						53,439						53,439
Transaction related costs			64,764						—						—						64,764
Loss on asset impairment			60,980						17,640						—						78,620
Total expenses			1,403,122						252,622						53,439						1,709,183
Gain on sale of real estate, net			9,558						1,964						—						11,522
Unrealized gains on equity securities, net			—						—						22,535						22,535
Interest income			1						—						663						664
Interest expense			—						—						(365,721)						(365,721)
Income (loss) before income taxes and equity in earnings of an investee			(287,077)						138,436						(395,962)						(544,603)
Income tax benefit			—						—						941						941
Equity in losses of an investee			—						—						(941)						(941)
Net income (loss)			$	(287,077)					$	138,436					$	(395,962)					$	(544,603)

			As of December 31, 2021
			Hotels						Net Lease						Corporate						Consolidated
Total assets			$	4,487,101					$	3,580,095					$	1,086,119					$	9,153,315

			For the Year Ended December 31, 2020
			Hotels						Net Lease						Corporate						Consolidated
Revenues:
Hotel operating revenues			$	875,098					$	—					$	—					$	875,098
Rental income			2,472						387,684						—						390,156
Total revenues			877,570						387,684						—						1,265,254
Expenses:
Hotel operating expenses			682,804						—						—						682,804
Other operating expenses			—						15,208						—						15,208
Depreciation and amortization			263,673						235,235						—						498,908
General and administrative			—						—						50,668						50,668
Transaction related costs			15,100						—						—						15,100
Loss on asset impairment			17,131						38,625						—						55,756
Total expenses			978,708						289,068						50,668						1,318,444
Gain on sale of real estate, net			14,927						(12,666)						—						2,261
Gain on insurance settlement			62,386						—						—						62,386
Unrealized gains on equity securities			—						—						19,882						19,882
Interest income			6						—						278						284
Interest expense			—						—						(306,490)						(306,490)
Loss on early extinguishment of debt			—						—						(9,394)						(9,394)
Income (loss) before income taxes and equity in losses of an investee			(23,819)						85,950						(346,392)						(284,261)
Income tax benefit			—						—						(17,211)						(17,211)
Equity in losses of an investee			—						—						(9,910)						(9,910)
Net income (loss)			$	(23,819)					$	85,950					$	(373,513)					$	(311,382)

			As of December 31, 2020
			Hotels						Net Lease						Corporate						Consolidated
Total assets			$	4,846,410					$	3,721,418					$	119,491					$	8,687,319

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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