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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUE      
Total revenue $ 487,614 $ 431,398 $ 414,063
Hotel operating expenses:      
Total hotel operating expenses 323,612 272,632 271,596
Property taxes, insurance and other 27,985 26,027 21,337
Depreciation and amortization 70,112 57,383 52,262
Impairment charges 0 71 1,068
Advisory services fee 20,527 20,012 9,134
Contract modification cost 0 0 5,000
Transaction costs 704 949 6,678
Corporate general and administrative 5,435 4,237 8,146
Total expenses 448,375 381,311 375,221
Gain (loss) on insurance settlement, disposition of assets and sale of hotel properties 25,165 15,738  
OPERATING INCOME (LOSS) 64,404 65,825 62,639
Equity in earnings (loss) of unconsolidated entity (199) (234) 0
Interest income 1,087 1,602 690
Other income (expense) (13,947) (253) (377)
Interest expense and amortization of loan costs (54,507) (49,653) (38,937)
Write-off of loan costs and exit fees (647) (4,178) (3,874)
Unrealized gain (loss) on investment in Ashford Inc. 7,872 (8,010) 9,717
Unrealized gain (loss) on derivatives (1,103) (82) (2,056)
INCOME (LOSS) BEFORE INCOME TAXES 2,960 5,017 27,802
Income tax (expense) benefit (1,764) (2,432) 522
NET INCOME (LOSS) 1,196 2,585 28,324
(Income) loss attributable to noncontrolling interest in consolidated entities (2,032) (2,016) (3,264)
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership 1,207 751 (2,038)
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 371 1,320 23,022
Preferred dividends (10,142) (7,205) (6,795)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (9,771) $ (5,885) $ 16,227
INCOME (LOSS) PER SHARE - BASIC:      
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.32) $ (0.19) $ 0.52
Weighted average common shares outstanding – basic (in shares) 32,289 31,944 30,473
INCOME (LOSS) PER SHARE - DILUTED:      
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.32) $ (0.19) $ 0.51
Weighted average common shares outstanding – diluted (in shares) 32,289 31,944 34,706
Rooms      
REVENUE      
Total revenue $ 303,848 $ 282,775 $ 286,006
Hotel operating expenses:      
Total hotel operating expenses 70,297 62,498 65,731
Food and beverage      
REVENUE      
Total revenue 115,085 94,671 96,415
Hotel operating expenses:      
Total hotel operating expenses 85,679 66,386 68,469
Other      
REVENUE      
Total revenue 68,674 53,952 31,484
Hotel operating expenses:      
Total hotel operating expenses 151,063 128,100 122,322
Total hotel revenue      
REVENUE      
Total revenue 487,607 431,398 413,905
Other      
REVENUE      
Total revenue 7 0 158
Management fees      
Hotel operating expenses:      
Total hotel operating expenses $ 16,573 15,648 15,074
Renaissance Tampa | Disposal Group, Disposed of by Sale, Not Discontinued Operations      
Hotel operating expenses:      
Gain (loss) on insurance settlement, disposition of assets and sale of hotel properties   $ 15,738 $ 23,797