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Fair Value Measurements (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019
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 interest rate forward curve | 0.993% |  |
LIBOR interest rate forward curve downtrend | 0.211% |  |
Derivative assets, gross | $ 650 |  | $ 582
Derivative assets | 650 |  | 582
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Unrealized gain (loss) on derivatives | 1,156 | $ (872) |
Credit Default Swap | Derivative Financial Instruments, Assets |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Derivative cost | 63 | 63 |
Fair Value, Recurring |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Counterparty and Cash Collateral Netting | (200) |  | 1,130
Derivative assets | 650 |  | 582
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Gain (Loss) Recognized in Income | 1,081 | (230) |
Fair Value, Recurring | Ashford Inc. |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Our unrealized gain (loss) on investment in Ashford Inc. | 0 | 707 |
Fair Value, Recurring | Derivative Financial Instruments, Assets |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Gain (Loss) Recognized in Income | 1,081 | (937) |
Fair Value, Recurring | Non-Derivative Assets |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Gain (Loss) Recognized in Income | 1,081 | (230) |
Our unrealized gain (loss) on investment in Ashford Inc. | 0 | 707 |
Fair Value, Recurring | Derivative |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Unrealized gain (loss) on derivatives | 1,156 | (872) |
Fair Value, Recurring | Interest rate floors |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Counterparty and Cash Collateral Netting |  |  | 52
Derivative assets |  |  | 53
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Unrealized gain (loss) on derivatives | 75 | (3) |
Realized gain (loss) on interest rate floors | (75) | (65) |
Fair Value, Recurring | Interest rate floors | Derivative Financial Instruments, Assets |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Gain (Loss) Recognized in Income | 0 | (68) |
Fair Value, Recurring | Interest rate caps |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Counterparty and Cash Collateral Netting | 0 |  | 0
Derivative assets | 19 |  | 1
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Unrealized gain (loss) on derivatives | (19) | (71) |
Fair Value, Recurring | Interest rate caps | Derivative Financial Instruments, Assets |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Gain (Loss) Recognized in Income | (19) | (71) |
Fair Value, Recurring | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Counterparty and Cash Collateral Netting | (200) |  | 1,078
Derivative assets | 631 |  | 528
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Unrealized gain (loss) on derivatives | 1,100 | (798) |
Fair Value, Recurring | Credit Default Swap | Derivative Financial Instruments, Assets |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |
Gain (Loss) Recognized in Income | 1,100 | $ (798) |
Fair Value, Recurring | Quoted Market Prices (Level 1) |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 0 |  | 0
Fair Value, Recurring | Quoted Market Prices (Level 1) | Interest rate floors |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross |  |  | 0
Fair Value, Recurring | Quoted Market Prices (Level 1) | Interest rate caps |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 0 |  | 0
Fair Value, Recurring | Quoted Market Prices (Level 1) | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 0 |  | 0
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 850 |  | (548)
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Interest rate floors |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross |  |  | 1
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Interest rate caps |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 19 |  | 1
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 831 |  | (550)
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 0 |  | 0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Interest rate floors |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross |  |  | 0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Interest rate caps |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | 0 |  | 0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Credit Default Swap |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative assets, gross | $ 0 |  | $ 0

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