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Summary of Fair Value of Financial Instruments (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value $ 85,684 $ 78,606 $ 141,793 $ 71,995
Restricted cash, Carrying value 39,322 34,544 $ 45,418 $ 58,388
Accounts receivable, net, Carrying value 17,583 13,557    
Due from related parties, net, Carrying value 1,052 991    
Due from third-party hotel managers, Carrying value 18,565 12,271    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying value 1,117,892 1,128,724    
Accounts payable and accrued expenses, Carrying value 74,098 61,758    
Dividends and distributions payable, Carrying value 2,569 2,736    
Due to Ashford Inc., Carrying Value 2,115 2,772    
Due to third-party hotel managers, Carrying value 1,725 1,393    
Carrying Value        
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value 85,684 78,606    
Restricted cash, Carrying value 39,322 34,544    
Accounts receivable, net, Carrying value 17,583 13,557    
Due from related parties, net, Carrying value 1,052 991    
Due from third-party hotel managers, Carrying value 18,565 12,271    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying value 1,117,892 1,128,724    
Accounts payable and accrued expenses, Carrying value 74,098 61,758    
Dividends and distributions payable, Carrying value 2,569 2,736    
Due to Ashford Inc., Carrying Value 2,115 2,772    
Due to third-party hotel managers, Carrying value 1,725 1,393    
Estimated Fair Value        
Financial assets not measured at fair value:        
Cash and cash equivalents, Estimated fair value 85,684 78,606    
Restricted cash, Estimated fair value 39,322 34,544    
Accounts receivable, net, Estimated fair value 17,583 13,557    
Due from related parties, net, Estimated fair value 1,052 991    
Due from third-party hotel managers, Estimated fair value 18,565 12,271    
Financial liabilities not measured at fair value:        
Accounts payable and accrued expenses, Estimated fair value 74,098 61,758    
Dividends and distributions payable, Estimated fair value 2,569 2,736    
Due to Ashford Inc., Fair Value Disclosure 2,115 2,772    
Due to third-party hotel managers, Estimated fair value 1,725 1,393    
Minimum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value 904,887 884,325    
Maximum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value $ 1,000,138 $ 977,411