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Fair Value Measurements (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 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% |  | 10.00% |  |
LIBOR interest rate forward curve | 0.162% |  | 0.162% |  | 1.763%
LIBOR interest rate forward curve downtrend | 0.101% |  | 0.101% |  |
Derivative assets, gross | $ 756 |  | $ 756 |  | $ 582
Derivative assets | 756 |  | 756 |  | 582
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Our unrealized gain (loss) on investment in Ashford Inc. | 0 | $ (4,626) |  |  |
Unrealized gain (loss) on derivatives | (969) | 654 | 187 | $ (218) |
Credit Default Swap | Derivative Financial Instruments, Assets |  |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Derivative cost | 64 | 64 | 127 | 126 |
Fair Value, Recurring |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |
Counterparty and Cash Collateral Netting | 1,100 |  | 1,100 |  | 1,130
Derivative assets | 756 |  | 756 |  | 582
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Gain (Loss) Recognized in Income | (969) | (4,047) | 112 | (4,277) |
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 | (4,626) | 0 | (3,919) |
Fair Value, Recurring | Derivative Financial Instruments, Assets |  |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Gain (Loss) Recognized in Income | (969) | 579 | 112 | (358) |
Fair Value, Recurring | Non-Derivative Assets |  |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Gain (Loss) Recognized in Income | (969) | (4,047) | 112 | (4,277) |
Our unrealized gain (loss) on investment in Ashford Inc. |  |  | 0 | (3,919) |
Fair Value, Recurring | Derivative |  |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Unrealized gain (loss) on derivatives | (969) | 654 | 187 | (218) |
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 | 0 | 809 | 75 | 806 |
Realized gain (loss) on interest rate floors | 0 | (75) | (75) | (140) |
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 | 734 | 0 | 666 |
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 |  | 0
Derivative assets | 30 |  | 30 |  | 1
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Unrealized gain (loss) on derivatives | (44) | (10) | (63) | (81) |
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 | (44) | (10) | (63) | (81) |
Fair Value, Recurring | Credit Default Swap |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |
Counterparty and Cash Collateral Netting | 1,100 |  | 1,100 |  | 1,078
Derivative assets | 726 |  | 726 |  | 528
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |  |
Unrealized gain (loss) on derivatives | (925) | (145) | 175 | (943) |
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 | (925) | $ (145) | 175 | $ (943) |
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 |  | 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 |  | 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 |  | 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 | (344) |  | (344) |  | (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 | 30 |  | 30 |  | 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 | (374) |  | (374) |  | (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 |  | 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 |  | 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 |  | $ 0

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