XML 77 R61.htm IDEA: XBRL DOCUMENT v3.20.4
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