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Investment in Unconsolidated Entity (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Mar. 28, 2018
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]            
Ownership percentage 8.20%   8.20%     0.00%
Total assets $ 1,609,843   $ 1,609,843     $ 1,423,819
Total liabilities 1,084,529   1,084,529     894,517
Redeemable noncontrolling interests in operating partnership 49,726   49,726     46,627
Total stockholders’ equity of Ashford Inc. 375,130   375,130     381,305
Noncontrolling interest in consolidated entities (5,665)   (5,665)     (4,753)
Total equity 369,465   369,465     376,552
Total liabilities and equity 1,609,843   1,609,843     1,423,819
Our investment in Ashford Inc., at fair value 1,854   1,854     $ 0
Total operating expenses (97,623) $ (98,533) (285,526) $ (292,264)    
OPERATING INCOME (LOSS) 11,223 9,586 46,927 29,243    
Income tax (expense) benefit (740) (333) (2,514) (334)    
NET INCOME (LOSS) (626) (217) 16,498 (120)    
Net (income) loss attributable to redeemable noncontrolling interests 452 360 (1,075) 958    
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY (1,869) (1,000) 13,681 (1,898)    
Our unrealized gain (loss) on investment in Ashford Inc. 2,158 1,875 (3,338) 3,403    
Equity in earnings (loss) of unconsolidated entity $ (81) 0 $ (146) 0    
Ashford Inc.            
Schedule of Equity Method Investments [Line Items]            
Investment owned (in shares) 195   195     195
Share price (in dollars per share) $ 75.87   $ 75.87     $ 93.0
Ownership percentage 8.20%   8.20%     9.30%
Total assets $ 389,818   $ 389,818     $ 114,810
Total liabilities 121,763   121,763     78,742
Series B cumulative convertible preferred stock 200,578   200,578     0
Redeemable noncontrolling interests in operating partnership 3,778   3,778     5,111
Total stockholders’ equity of Ashford Inc. 63,050   63,050     30,185
Noncontrolling interest in consolidated entities 649   649     772
Total equity 63,699   63,699     30,957
Total liabilities and equity 389,818   389,818     114,810
Our investment in Ashford Inc., at fair value 14,786   14,786     $ 18,124
Total revenue 41,565 19,255 144,544 51,907    
Total operating expenses (53,069) (21,595) (150,214) (54,965)    
OPERATING INCOME (LOSS) (11,504) (2,340) (5,670) (3,058)    
Realized and unrealized gain (loss) on investments, net 0 0 0 (91)    
Interest expense and loan amortization cost (419) (20) (770) (35)    
Other income (expense) 25 77 (50) 220    
Income tax (expense) benefit 13,904 25 11,593 (9,248)    
NET INCOME (LOSS) 2,006 (2,258) 5,103 (12,212)    
(Income) loss from consolidated entities attributable to noncontrolling interests 413 102 704 267    
Net (income) loss attributable to redeemable noncontrolling interests 968 300 817 995    
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 3,387 (1,856) 6,624 (10,950)    
Preferred dividends (1,675) 0 (1,675) 0    
Amortization of preferred stock discounts (303) 0 (303) 0    
Net income attributable to common shareholders $ 1,409 $ (1,856) $ 4,646 $ (10,950)    
OpenKey            
Schedule of Equity Method Investments [Line Items]            
Ownership percentage         8.20%  
Our investment in Ashford Inc., at fair value         $ 2,000