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Summary of Fair Value of Financial Instruments (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Dec. 31, 2019
Financial assets and liabilities measured at fair value:        
Derivative assets, Carrying value $ 74      
Derivative liabilities, Carrying value 1,338 $ 0    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value 195,517 78,606 $ 88,227 $ 71,995
Restricted cash, Carrying value 44,753 34,544 $ 34,658 $ 58,388
Accounts receivable, net, Carrying value 17,317 13,557    
Due from related parties, net, Carrying value 1,910 991    
Due from third-party hotel managers, Carrying value 20,390 12,271    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying value 1,181,203 1,128,724    
Accounts payable and accrued expenses, Carrying value 89,265 61,758    
Dividends and distributions payable, Carrying value 2,112 2,736    
Due to Ashford Inc., Carrying Value 820 2,772    
Due to third-party hotel managers, Carrying value 1,665 1,393    
Carrying Value        
Financial assets and liabilities measured at fair value:        
Derivative assets, Carrying value 74 0    
Derivative liabilities, Carrying value 1,338 0    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value 195,517 78,606    
Restricted cash, Carrying value 44,753 34,544    
Accounts receivable, net, Carrying value 17,317 13,557    
Due from related parties, net, Carrying value 1,910 991    
Due from third-party hotel managers, Carrying value 20,390 12,271    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying value 1,172,359 1,128,724    
Accounts payable and accrued expenses, Carrying value 89,265 61,758    
Dividends and distributions payable, Carrying value 2,112 2,736    
Due to Ashford Inc., Carrying Value 820 2,772    
Due to third-party hotel managers, Carrying value 1,665 1,393    
Estimated Fair Value        
Financial assets and liabilities measured at fair value:        
Derivative assets, Estimated fair value 74 0    
Derivative liabilities, Estimated fair value 1,338 0    
Financial assets not measured at fair value:        
Cash and cash equivalents, Estimated fair value 195,517 78,606    
Restricted cash, Estimated fair value 44,753 34,544    
Accounts receivable, net, Estimated fair value 17,317 13,557    
Due from related parties, net, Estimated fair value 1,910 991    
Due from third-party hotel managers, Estimated fair value 20,390 12,271    
Financial liabilities not measured at fair value:        
Accounts payable and accrued expenses, Estimated fair value 89,265 61,758    
Dividends and distributions payable, Estimated fair value 2,112 2,736    
Due to Ashford Inc., Fair Value Disclosure 820 2,772    
Due to third-party hotel managers, Estimated fair value 1,665 1,393    
Minimum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value 968,075 884,325    
Maximum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value $ 1,069,978 $ 977,411