XML 91 R72.htm IDEA: XBRL DOCUMENT v3.22.4
Summary of Fair Value of Financial Instruments (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Financial assets measured at fair value:        
Derivative assets, Carrying value $ 6,482 $ 139    
Financial liabilities measured at fair value:        
Derivative liabilities, Carrying value 284 1,435    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value 261,541 215,998 $ 78,606 $ 71,995
Restricted cash, Carrying value 54,155 47,376 $ 34,544 $ 58,388
Accounts receivable, net, Carrying value 51,448 23,701    
Due from related parties, net, Carrying value 938 1,770    
Due from third-party hotel managers, Carrying value 26,625 27,461    
Financial liabilities not measured at fair value:        
Indebtedness, carrying value 1,336,750 1,180,750    
Accounts payable and accrued expenses, carrying value 133,978 96,316    
Dividends and distributions payable, carrying value 8,184 2,173    
Due to Ashford Inc., carrying value 10,005 1,474    
Due to third-party hotel managers, carrying value 2,096 610    
Carrying Value        
Financial assets measured at fair value:        
Derivative assets, Carrying value 6,482 139    
Financial liabilities measured at fair value:        
Derivative liabilities, Carrying value 284 1,435    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value 261,541 215,998    
Restricted cash, Carrying value 54,155 47,376    
Accounts receivable, net, Carrying value 51,448 23,701    
Due from related parties, net, Carrying value 938 1,770    
Due from third-party hotel managers, Carrying value 26,625 27,461    
Financial liabilities not measured at fair value:        
Indebtedness, carrying value 1,337,250 1,172,312    
Accounts payable and accrued expenses, carrying value 133,978 96,316    
Dividends and distributions payable, carrying value 8,184 2,173    
Due to Ashford Inc., carrying value 10,005 1,474    
Due to third-party hotel managers, carrying value 2,096 610    
Estimated Fair Value        
Financial assets measured at fair value:        
Derivative assets, Estimated fair value 6,482 139    
Financial liabilities measured at fair value:        
Derivative liabilities, Estimated fair value 284 1,435    
Financial assets not measured at fair value:        
Cash and cash equivalents, Estimated fair value 261,541 215,998    
Restricted cash, Estimated fair value 54,155 47,376    
Accounts receivable, net, Estimated fair value 51,448 23,701    
Due from related parties, net, Estimated fair value 938 1,770    
Due from third-party hotel managers, Estimated fair value 26,625 27,461    
Financial liabilities not measured at fair value:        
Accounts payable and accrued expenses, estimated fair value 133,978 96,316    
Dividends and distributions payable, estimated fair value 8,184 2,173    
Due to ashford inc., fair value disclosure 10,005 1,474    
Due to third-party hotel managers, estimated fair value 2,096 610    
Minimum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, estimated fair value 1,229,671 1,022,408    
Maximum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, estimated fair value $ 1,359,110 $ 1,130,029