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Fair Value Measurements (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Significance of current credit spreads to level 3 input considerations | 10.00% |  |
LIBOR rate | 1.763% |  |
Derivative measurement | 1.47% |  |
Derivative assets | $ 582 | $ 772 |
Unrealized gain (loss) on derivatives | (1,103) | (82) | $ (2,056)
Unrealized gain (loss) on investment in Ashford Inc. | 7,872 | (8,010) | 9,717
Credit Default Swap | Derivative Assets |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Cost of hedge | 0 | 0 | 106
Future |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | 0 | 0 | 213
Future | Other Income (Expense) |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | 0 | 0 | (271)
Future | Derivative Assets |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | 0 | 0 | (58)
Ashford Inc. |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Unrealized gain (loss) on investment in Ashford Inc. | 7,872 | (8,010) | 9,717
Realized gain (loss) on investment in Ashford Inc. | (13,424) | 0 | 0
Fair Value, Recurring |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 582 | 772 |
Counterparty and Cash Collateral Netting | 1,130 | 130 |
Gain (Loss) Recognized in Income | (6,933) | (8,092) | 7,390
Total fair value non-derivative assets |  | 10,886 |
Fair Value, Recurring | Investment in Affiliate |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Fair value assets |  | 10,114 |
Fair Value, Recurring | Derivative Assets |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | (1,381) | (82) | (2,327)
Fair Value, Recurring | Non-Derivative Assets |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | (6,933) | (8,092) | 7,390
Unrealized gain (loss) on investment in Ashford Inc. | (5,552) | (8,010) | 9,717
Fair Value, Recurring | Interest Rate Floor |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 53 | 149 |
Counterparty and Cash Collateral Netting | 52 | 73 |
Unrealized gain (loss) on derivatives | 126 | (179) | (1,113)
Realized gain (loss) on options interest rate floors | (278) | 0 | 0
Fair Value, Recurring | Interest Rate Floor | Derivative Assets |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | (152) | (179) | (1,113)
Fair Value, Recurring | Interest Rate Cap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 1 | 20 |
Counterparty and Cash Collateral Netting | 0 | 0 |
Unrealized gain (loss) on derivatives | (134) | (347) | (371)
Fair Value, Recurring | Interest Rate Cap | Derivative Assets |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | (134) | (347) | (371)
Fair Value, Recurring | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 528 | 603 |
Counterparty and Cash Collateral Netting | 1,078 | 57 |
Unrealized gain (loss) on derivatives | (1,095) | 444 | (785)
Fair Value, Recurring | Credit Default Swap | Derivative Assets |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Gain (Loss) Recognized in Income | (1,095) | 444 | (785)
Fair Value, Recurring | Derivative |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Unrealized gain (loss) on derivatives | (1,103) | (82) | (2,056)
Fair Value, Recurring | Fair Value, Inputs, Level 1 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Total fair value non-derivative assets |  | 10,114 |
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Investment in Affiliate |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Fair value assets |  | 10,114 |
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Interest Rate Floor |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Interest Rate Cap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 1 | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 2 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | (548) | 642 |
Total fair value non-derivative assets |  | 642 |
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Investment in Affiliate |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Fair value assets |  | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Interest Rate Floor |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 1 | 76 |
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Interest Rate Cap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 1 | 20 |
Fair Value, Recurring | Fair Value, Inputs, Level 2 | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | (550) | 546 |
Fair Value, Recurring | Fair Value, Inputs, Level 3 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Total fair value non-derivative assets |  | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Investment in Affiliate |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Fair value assets |  | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Interest Rate Floor |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Interest Rate Cap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Fair Value, Recurring | Fair Value, Inputs, Level 3 | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets | 0 | 0 |
Fair Value, Recurring | Ashford Inc. |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Unrealized gain (loss) on investment in Ashford Inc. | $ 7,872 | $ (8,010) | $ 9,717

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