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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES        
Net income (loss) $ 16,604 $ 15,604    
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:        
Depreciation and amortization 22,521 18,441    
Equity-based compensation 2,213 2,254    
Bad debt expense 188 269    
(Gain) loss on extinguishment of debt (2,318) 0    
Amortization of loan costs, discounts and capitalized default interest 447 109    
Write-off of loan costs and exit fees 12 76    
Amortization of intangibles 119 119    
Amortization of non-refundable membership initiation fees (410) (333)    
Interest expense accretion on refundable membership club deposits 178 190    
Realized and unrealized (gain) loss on derivatives 334 (408)    
Equity in (earnings) loss of unconsolidated entity 73 72    
Deferred income tax expense (benefit) 37 0    
Changes in operating assets and liabilities, exclusive of the effect of hotel acquisitions:        
Accounts receivable and inventories 6,473 (1,068)    
Prepaid expenses and other assets (3,453) (4,662)    
Accounts payable and accrued expenses (731) 7,046    
Operating lease right-of-use assets 141 147    
Due to/from related parties, net (13) 840    
Due to/from third-party hotel managers 6,859 (12,230)    
Due to/from Ashford Inc. (7,314) 1,703    
Operating lease liabilities (72) (73)    
Other liabilities 426 698    
Net cash provided by (used in) operating activities 42,314 28,794    
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds from property insurance 75 0    
Acquisition of hotel properties, net of cash and restricted cash acquired 0 (86,958)    
Investment in unconsolidated entity (99) 0    
Improvements and additions to hotel properties (18,706) (10,791)    
Net cash provided by (used in) investing activities (18,730) (97,749)    
CASH FLOWS FROM FINANCING ACTIVITIES        
Borrowings on indebtedness 0 70,500    
Repayments of indebtedness (54,250) (67,750)    
Payments of loan costs and exit fees (404) (1,667)    
Payments for derivatives (755) (76)    
Proceeds from derivatives 1,601 0    
Purchase of common stock (18,952) 0    
Payments for dividends and distributions (12,630) (2,951)    
Proceeds from issuance of preferred stock 98,009 33,735    
Proceeds from issuance of common stock 0 (36)    
Contributions from noncontrolling interest in consolidated entities 2,024 164    
Redemption of operating partnership units (7,039)   $ 0  
Distributions to noncontrolling interest in consolidated entities (2,024) 0    
Redemption of preferred stock (307) 0    
Net cash provided by (used in) financing activities 5,273 31,919    
Net change in cash, cash equivalents and restricted cash 28,857 (37,036)    
Cash, cash equivalents and restricted cash at beginning of period 315,696 263,374 263,374  
Cash, cash equivalents and restricted cash at end of period 344,553 226,338 315,696  
SUPPLEMENTAL CASH FLOW INFORMATION        
Interest paid 30,283 6,434    
Income taxes paid (refunded) 0 (2,989)    
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES        
Dividends and distributions declared but not paid 8,756 3,229    
Common stock purchases accrued but not paid 352 552    
Assumption of debt in hotel acquisition 0 58,601    
Capital expenditures accrued but not paid 6,047 4,054    
Issuance of common stock for hotel acquisition 0 35,040    
Accrued common stock offering expense 0 39    
Accrued preferred stock offering expenses 80 40    
Dividends and distributions payable 8,756   8,184  
Unsettled proceeds from derivatives 596 0    
SUPPLEMENTAL DISCLOSURE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH        
Cash and cash equivalents 281,490 185,157 261,541 $ 215,998
Restricted cash 63,063 41,181 54,155 47,376
Cash, cash equivalents and restricted cash 344,553 226,338 $ 315,696 $ 263,374
Non-cash preferred stock dividends        
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES        
Dividends and distributions payable $ 843 $ 99