XML 31 R58.htm IDEA: XBRL DOCUMENT
v3.19.3

Derivative Instruments (Details) - USD ($) $ in Thousands | 9 Months Ended |
--- | --- | ---
Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018
Interest rate floors | Not Designated as Hedging Instrument |  |  |
Derivative [Line Items] |  |  |
Notional amount | $ 7,000,000 |  | $ 10,850,000
Interest rate floors | Not Designated as Hedging Instrument | Minimum |  |  |
Derivative [Line Items] |  |  |
Strike rate floor | (0.25%) |  | (0.25%)
Interest rate floors | Not Designated as Hedging Instrument | Maximum |  |  |
Derivative [Line Items] |  |  |
Strike rate | 2.00% |  | 2.00%
Interest rate caps | Not Designated as Hedging Instrument |  |  |
Derivative [Line Items] |  |  |
Notional amount | $ 925,500 |  | $ 1,292,500
Aggregate principal balance on corresponding mortgage loans (in thousands) | $ 870,000 |  | $ 805,500
Interest rate caps | Not Designated as Hedging Instrument | Minimum |  |  |
Derivative [Line Items] |  |  |
Strike rate | 3.00% |  | 2.43%
Interest rate caps | Not Designated as Hedging Instrument | Maximum |  |  |
Derivative [Line Items] |  |  |
Strike rate | 7.80% |  | 11.61%
Interest rate caps | Not Designated as Hedging Instrument |  |  |
Derivative [Line Items] |  |  |
Notional amount | $ 348,500 | $ 685,000 |
Cost of derivative | $ 89 | $ 348 |
Interest rate caps | Not Designated as Hedging Instrument | Minimum |  |  |
Derivative [Line Items] |  |  |
Strike rate | 3.00% | 2.43% |
Interest rate caps | Not Designated as Hedging Instrument | Maximum |  |  |
Derivative [Line Items] |  |  |
Strike rate | 7.80% | 7.80% |
Interest rate floors | Not Designated as Hedging Instrument |  |  |
Derivative [Line Items] |  |  |
Notional amount | $ 2,000,000 | $ 4,000,000 |
Strike rate | 1.63% | 1.38% |
Cost of derivative | $ 75 | $ 138 |
Interest rate floors | Not Designated as Hedging Instrument | Maximum |  |  |
Derivative [Line Items] |  |  |
Strike rate | 1.63% |  | 2.00%
Credit Default Swap |  |  |
Derivative [Line Items] |  |  |
Notional amount | $ 50,000 |  |
Maximum exposure | 1,300 |  |
Change in market value threshold for settlement | $ 250 |  |

X
- Definition Credit Derivative, Change in Market Value Threshold for Settlement + References No definition available. + Details
Name: | bhr_CreditDerivativeChangeinMarketValueThresholdforSettlement
Namespace Prefix: | bhr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of contractual principal due at origination of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Paragraph Column F -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column F)) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 + Details
Name: | srt_MortgageLoansOnRealEstateFaceAmountOfMortgages
Namespace Prefix: | srt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Maximum potential amount of future undiscounted payments that could be required under the credit derivative, before reduction for potential recoveries under recourse or collateralization provisions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4K -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5708775-113959 + Details
Name: | us-gaap_CreditDerivativeMaximumExposureUndiscounted
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Floor rate on an interest rate derivative such as an interest rate floor or collar. If market rates falls below the floor rate, a payment or receipt is triggered on the contract. + References No definition available. + Details
Name: | us-gaap_DerivativeFloorInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow for cost incurred directly with the issuance of a derivative security. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDerivativeIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_InterestRateFloorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_InterestRateCapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateCapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateFloorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |