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Summary of Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2022
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, 2022December 31, 2021
Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Financial assets measured at fair value:
Derivative assets$6,482 $6,482 $139 $139 
Financial liabilities measured at fair value:
Derivative liabilities$284 $284 $1,435 $1,435 
Financial assets not measured at fair value:
Cash and cash equivalents$261,541 $261,541 $215,998 $215,998 
Restricted cash54,155 54,155 47,376 47,376 
Accounts receivable, net51,448 51,448 23,701 23,701 
Due from related parties, net938 938 1,770 1,770 
Due from third-party hotel managers26,625 26,625 27,461 27,461 
Financial liabilities not measured at fair value:
Indebtedness$1,337,250 
$1,229,671 to $1,359,110
$1,172,312 
$1,022,408 to $1,130,029
Accounts payable and accrued expenses133,978 133,978 96,316 96,316 
Dividends and distributions payable8,184 8,184 2,173 2,173 
Due to Ashford Inc., net10,005 10,005 1,474 1,474 
Due to third-party hotel managers2,096 2,096 610 610