XML 57 R46.htm IDEA: XBRL DOCUMENT v3.20.2
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