XML 56 R41.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Other Investments (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Feb. 27, 2020
Mar. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
May 15, 2023
Schedule of Equity Method Investments [Line Items]                
Equity method investment     $ 108,106   $ 108,106   $ 113,304  
Investment (losses) earnings in an investee     (2,716) $ 517 (8,054) $ (3,704)    
Capital contribution funded         3,392 0    
TravelCenters of America Inc. | BP Products North America Inc.                
Schedule of Equity Method Investments [Line Items]                
Business acquisition, share price (in dollars per share)               $ 86.00
Travel Centers of America                
Schedule of Equity Method Investments [Line Items]                
Number of common shares owned (in shares)               1,184,797
Percentage of total shares outstanding (in percent)               7.80%
Sonesta Int'l Hotels Corp                
Schedule of Equity Method Investments [Line Items]                
Investment (losses) earnings in an investee     (2,716) 517 (8,054) (3,704)    
Decrease in hotel operating expense     621 621 1,242 1,242    
Capital contribution funded   $ 3,392            
Travel Centers of America                
Schedule of Equity Method Investments [Line Items]                
Historical cost of securities             24,418 $ 24,418
Carrying value of investment               $ 101,893
(Loss) gain on equity securities       (593)   48,837    
Sonesta agreements                
Schedule of Equity Method Investments [Line Items]                
Equity method investment     108,106   108,106   113,304  
Amount of cost basis exceeding book value $ 8,000              
Amortization period 31 years              
Amortization of basis difference     65 $ 65 130 $ 130    
Accounts payable and other liabilities     42,000   42,000      
Unamortized balance     $ 31,237   $ 31,237   $ 32,479  
Sonesta Int'l Hotels Corp                
Schedule of Equity Method Investments [Line Items]                
Noncontrolling interest, ownership percentage (in percent)     34.00%   34.00%   34.00%