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Summary of Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 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):
December 31, 2021December 31, 2020
Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Financial assets and liabilities measured at fair value:
Derivative assets$139 $139 $— $— 
Derivative liabilities1,435 1,435 — — 
Financial assets not measured at fair value:
Cash and cash equivalents$215,998 $215,998 $78,606 $78,606 
Restricted cash47,376 47,376 34,544 34,544 
Accounts receivable, net23,701 23,701 13,557 13,557 
Due from related parties, net1,770 1,770 991 991 
Due from third-party hotel managers27,461 27,461 12,271 12,271 
Financial liabilities not measured at fair value:
Indebtedness$1,172,312 
$1,022,408 to $1,130,029
$1,128,724 
$884,325 to $977,411
Accounts payable and accrued expenses96,316 96,316 61,758 61,758 
Dividends and distributions payable2,173 2,173 2,736 2,736 
Due to Ashford Inc.1,474 1,474 2,772 2,772 
Due to third-party hotel managers610 610 1,393 1,393