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Real Estate Properties - Narrative (Details) $ in Thousands | 2 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Feb. 23, 2026 USD ($) ft² property key | Dec. 31, 2025 USD ($) ft² property key room leaseAgreement | Dec. 31, 2024 USD ($) ft² room property | Dec. 31, 2023 USD ($) property | Dec. 31, 2023 room | Dec. 31, 2023 ft² | Dec. 31, 2023 key
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 854 |  |  |  |  |
Aggregate undepreciated carrying value held-for-sale | $ |  | $ 8,102,783 |  |  |  |  |
Carrying value of net lease properties held for sale | $ |  | 153,751 |  |  |  |  |
Land | $ |  | 1,750,799 | $ 1,930,459 |  |  |  |
Building and improvements | $ |  | 6,001,000 | 7,342,164 |  |  |  |
Furniture, fixtures and equipment | $ |  | 197,233 | 340,721 |  |  |  |
Capital improvements from leased facilities, funded | $ |  | 224,833 | 303,600 | $ 200,894 |  |  |
Rental expense related to operating leases | $ |  | $ 9,312 | $ 9,476 | $ 9,618 |  |  |
Disposed of by Sale | Real Estate Dispositions |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 123 | 25 | 31 |  |  |
Aggregate sales price | $ |  | $ 878,343 | $ 105,862 | $ 170,325 |  |  |
Assets Held for Sale |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Area of real estate (in sqft) | ft² |  | 2,510 |  |  |  |  |
Acquired Real Estate 2024 |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  |  | 0 |  |  |  |
Hotels and Net Lease Properties |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Capital improvements from leased facilities, funded | $ |  | $ 236,920 | $ 302,892 | $ 235,530 |  |  |
Net Lease |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 760 |  |  |  |  |
Area of real estate (in sqft) | ft² |  | 13,601,902 |  |  |  |  |
Number of properties on leased land |  | 13 |  |  |  |  |
Ground lease remaining term (in years) |  | 18 years |  |  |  |  |
Net Lease | Disposed of by Sale | Real Estate Dispositions |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 11 | 10 | 13 |  |  |
Area of real estate (in sqft) | ft² |  | 324,402 | 96,929 |  |  | 160,310 |
Aggregate sales price | $ |  | $ 19,591 | $ 8,547 | $ 13,095 |  |  |
Net Lease | Disposed of by Sale | Real Estate Dispositions | Subsequent Event |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties | 1 |  |  |  |  |  |
Area of real estate (in sqft) | ft² | 2,510 |  |  |  |  |  |
Aggregate sales price | $ | $ 610 |  |  |  |  |  |
Net Lease | Assets Held for Sale |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 1 |  |  |  |  |
Net Lease | Acquired Real Estate 2025 |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 29 |  |  |  |  |
Area of real estate (in sqft) | ft² |  | 283,759 |  |  |  |  |
Purchase price | $ |  | $ 93,743 |  |  |  |  |
Net Lease | Acquired Real Estate 2026 | Subsequent Event |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties | 3 |  |  |  |  |  |
Area of real estate (in sqft) | ft² | 8,788 |  |  |  |  |  |
Purchase price | $ | $ 7,398 |  |  |  |  |  |
Net Lease | Land |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Rental expense related to operating leases | $ |  | $ 519 |  |  |  |  |
Net Lease | Land | Disposed of by Sale | Real Estate Dispositions |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 1 |  |  |  |  |
Net Lease | Minimum |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Ground lease remaining term (in years) |  | 6 years |  |  |  |  |
Net Lease | Maximum |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Ground lease remaining term (in years) |  | 39 years |  |  |  |  |
Hotels |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 94 |  |  |  |  |
Number of rooms/suites | room |  | 21,243 |  |  |  |  |
Number of properties on leased land |  | 8 |  |  |  |  |
Ground lease remaining term (in years) |  | 37 years |  |  |  |  |
Number of ground leases | leaseAgreement |  | 3 |  |  |  |  |
Number of ground leases requiring specified minimum annual rents | leaseAgreement |  | 7 |  |  |  |  |
Ground rent due | $ |  | $ 365 |  |  |  |  |
Number of ground leases with future rents prepaid | leaseAgreement |  | 1 |  |  |  |  |
Hotels | Disposed of by Sale | Real Estate Dispositions |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 112 | 15 | 18 |  |  |
Number of rooms/suites | room |  | 14,631 | 1,910 |  | 2,526 |  |
Aggregate sales price | $ |  | $ 858,752 | $ 97,315 | $ 157,230 |  |  |
Hotels | Disposed of by Sale | Real Estate Dispositions | Subsequent Event |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties | 1 |  |  |  |  |  |
Number of rooms/suites | key | 133 |  |  |  |  |  |
Aggregate sales price | $ | $ 7,100 |  |  |  |  |  |
Hotels | Assets Held for Sale |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 10 |  |  |  |  |
Number of rooms/suites | key |  | 1,300 |  |  |  |  |
Hotels | Assets Held for Sale | Real Estate Dispositions |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  | 9 |  |  |  |  |
Number of rooms/suites | key |  | 1,167 |  |  |  |  |
Hotels | Acquired Real Estate 2023 |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  |  |  | 1 |  |  |
Number of rooms/suites |  |  |  |  | 250 |  | 250
Purchase price | $ |  |  |  | $ 165,400 |  |  |
Hotels | Land | Disposed of by Sale | Real Estate Dispositions |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of properties |  |  | 1 |  |  |  |
Hotels | Minimum |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Ground lease remaining term (in years) |  | 9 years |  |  |  |  |
Hotels | Maximum |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Ground lease remaining term (in years) |  | 62 years |  |  |  |  |

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