XML 58 R47.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 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 0.148%   0.148%   1.763%
LIBOR interest rate forward curve downtrend 0.129%   0.129%    
Derivative assets, gross $ 777   $ 777   $ 582
Derivative assets 777   777   582
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Unrealized gain (loss) on investment in Ashford Inc. 0 $ (1,471) 0 $ (5,390)  
Unrealized gain (loss) on derivatives 3,561 (754) 3,748 (972)  
Credit Default Swap | Derivative Financial Instruments, Assets          
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Derivative cost 64 64 191 190  
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 777   777   582
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Gain (Loss) Recognized in Income 21 (2,275) 133 (6,552)  
Fair Value, Recurring | Ashford Inc.          
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Unrealized gain (loss) on investment in Ashford Inc. 0 (1,471) 0 (5,390)  
Fair Value, Recurring | Derivative Financial Instruments, Assets          
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Gain (Loss) Recognized in Income 21 (804) 133 (1,162)  
Fair Value, Recurring | Non-Derivative Assets          
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Gain (Loss) Recognized in Income 21 (2,275) 133 (6,552)  
Unrealized gain (loss) on investment in Ashford Inc. 0 (1,471) 0 (5,390)  
Fair Value, Recurring | Derivative          
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Unrealized gain (loss) on derivatives 3,561 (754) 3,748 (972)  
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 3,540 (667) 3,615 139  
Realized gain (loss) on interest rate floors (3,540) (50) (3,615) (190)  
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 (717) 0 (51)  
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
Derivative assets         1
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Unrealized gain (loss) on derivatives (30) (26) (93) (107)  
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 (30) (26) (93) (107)  
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 777   777   528
Effect of Fair Value Hedges on Results of Operations [Abstract]          
Unrealized gain (loss) on derivatives 51 (61) 226 (1,004)  
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 51 $ (61) 226 $ (1,004)  
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
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 (323)   (323)   (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         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 (323)   (323)   (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
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