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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUE    
Rooms $ 65,507 $ 67,418
Food and beverage 23,500 24,473
Other 13,482 5,365
Total hotel revenue 102,489 97,256
Other 0 40
Total revenue 102,489 97,296
Hotel operating expenses:    
Rooms 14,918 15,797
Food and beverage 15,620 16,861
Other expenses 29,664 27,731
Management fees 3,617 3,545
Total hotel expenses 63,819 63,934
Property taxes, insurance and other 5,604 5,074
Depreciation and amortization 13,006 11,971
Impairment charges 12 0
Advisory services fee 5,244 865
Transaction costs 488 4,328
Corporate general and administrative 28 3,874
Total expenses 88,201 90,046
OPERATING INCOME (LOSS) 14,288 7,250
Equity in earnings (loss) of unconsolidated entity (3) 0
Interest income 200 112
Other income (expense) (63) (157)
Interest expense and amortization of loan costs (10,179) (8,202)
Write-off of loan costs and exit fees (2) (1,963)
Unrealized gain (loss) on investment in Ashford Inc. 528 3,091
Unrealized gain (loss) on derivatives 73 (898)
INCOME (LOSS) BEFORE INCOME TAXES 4,842 (767)
Income tax (expense) benefit (572) 478
NET INCOME (LOSS) 4,270 (289)
(Income) loss attributable to noncontrolling interest in consolidated entities 42 21
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership (292) 255
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 4,020 (13)
Preferred dividends (1,707) (1,673)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 2,313 $ (1,686)
INCOME (LOSS) PER SHARE - BASIC:    
Net income (loss) attributable to common stockholders (in dollars per share) $ 0.07 $ (0.07)
Weighted average common shares outstanding – basic (in shares) 31,680 27,267
INCOME (LOSS) PER SHARE - DILUTED:    
Net income (loss) attributable to common stockholders (in dollars per share) $ 0.07 $ (0.07)
Weighted average common shares outstanding – diluted (in shares) 31,683 27,267
Dividends declared per common share (in dollars per share) $ 0.16 $ 0.16