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Fair Value Measurements (Details) - USD ($) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Jan. 01, 2021
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 | 0.144% | 1.763% |  |
Derivative assets, gross | $ 0 | $ 582 |  |
Derivative assets | 0 | 582 |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Unrealized gain (loss) on investment in Ashford Inc. | 0 | 7,872 | $ (8,010) |
Unrealized gain (loss) on derivatives | 4,959 | (1,103) | (82) |
Subsequent Event |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
LIBOR interest rate forward curve |  |  |  | 0.131%
Ashford Inc. |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Realized gain (loss) on investment in Ashford Inc. | 0 | (13,424) | 0 |
Credit default swaps | Derivative Financial Instruments, Assets |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Derivative cost | 191 | 253 | 253 |
Future |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Gain (Loss) Recognized in Income | 0 | 0 | 0 |
Fair Value, Recurring |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Counterparty and Cash Collateral Netting | 0 | 1,130 |  |
Derivative assets | 0 | 582 |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Gain (Loss) Recognized in Income | 24 | (6,933) | (8,092) |
Fair Value, Recurring | Ashford Inc. |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Unrealized gain (loss) on investment in Ashford Inc. | 0 | 7,872 | (8,010) |
Fair Value, Recurring | Derivative Financial Instruments, Assets |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Gain (Loss) Recognized in Income | 24 | (1,381) | (82) |
Fair Value, Recurring | Non-Derivative Assets |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Gain (Loss) Recognized in Income | 24 | (6,933) | (8,092) |
Unrealized gain (loss) on investment in Ashford Inc. | 0 | (5,552) | (8,010) |
Fair Value, Recurring | Derivative |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Unrealized gain (loss) on derivatives | 4,959 | (1,103) | (82) |
Fair Value, Recurring | Interest rate derivatives - 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 | 3,615 | 126 | (179) |
Realized gain (loss) on interest rate floors | (3,615) | (278) | 0 |
Fair Value, Recurring | Interest rate derivatives - floors | Derivative Financial Instruments, Assets |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Gain (Loss) Recognized in Income | 0 | (152) | (179) |
Fair Value, Recurring | Interest rate derivatives - caps |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Counterparty and Cash Collateral Netting | 0 | 0 |  |
Derivative assets | 0 | 1 |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Unrealized gain (loss) on derivatives | (93) | (134) | (347) |
Fair Value, Recurring | Interest rate derivatives - caps | Derivative Financial Instruments, Assets |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Gain (Loss) Recognized in Income | (93) | (134) | (347) |
Fair Value, Recurring | Credit default swaps |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Counterparty and Cash Collateral Netting |  | 1,078 |  |
Derivative assets |  | 528 |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Unrealized gain (loss) on derivatives | 1,437 | (1,095) | 444 |
Realized gain (loss) on credit default swaps | (1,320) | 0 | 0 |
Fair Value, Recurring | Credit default swaps | Derivative Financial Instruments, Assets |  |  |  |
Effect of Fair Value Hedges on Results of Operations [Abstract] |  |  |  |
Gain (Loss) Recognized in Income | 117 | (1,095) | $ 444 |
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 derivatives - 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 derivatives - 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 swaps |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Derivative assets, gross |  | 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 | 0 | (548) |  |
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Interest rate derivatives - 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 derivatives - caps |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Derivative assets, gross | 0 | 1 |  |
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Credit default swaps |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Derivative assets, gross |  | (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 derivatives - 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 derivatives - 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 swaps |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Derivative assets, gross |  | $ 0 |  |

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