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Summary of Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2021
Investments, All Other Investments [Abstract] |
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments | The carrying amounts and estimated fair values of financial instruments were as follows (in thousands):
|  | March 31, 2021 |  | December 31, 2020
|  | Carrying Value |  | Estimated Fair Value |  | Carrying Value |  | Estimated Fair Value
Financial assets not measured at fair value: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 85,684 |  |  | $ | 85,684 |  |  | $ | 78,606 |  |  | $ | 78,606 |
Restricted cash |  | 39,322 |  |  | 39,322 |  |  | 34,544 |  |  | 34,544 |
Accounts receivable, net |  | 17,583 |  |  | 17,583 |  |  | 13,557 |  |  | 13,557 |
Due from related parties, net |  | 1,052 |  |  | 1,052 |  |  | 991 |  |  | 991 |
Due from third-party hotel managers |  | 18,565 |  |  | 18,565 |  |  | 12,271 |  |  | 12,271 |
Financial liabilities not measured at fair value: |  |  |  |  |  |  |  |
Indebtedness |  | $ | 1,117,892 |  |  | $904,887 to $1,000,138 |  | $ | 1,128,724 |  |  | $884,325 to $977,411
Accounts payable and accrued expenses |  | 74,098 |  |  | 74,098 |  |  | 61,758 |  |  | 61,758 |
Dividends and distributions payable |  | 2,569 |  |  | 2,569 |  |  | 2,736 |  |  | 2,736 |
Due to Ashford Inc. |  | 2,115 |  |  | 2,115 |  |  | 2,772 |  |  | 2,772 |
Due to third-party hotel managers |  | 1,725 |  |  | 1,725 |  |  | 1,393 |  |  | 1,393 |

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