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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income (loss) $ (13,787) $ (3,138) $ 1,695 $ 13,466  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:          
Depreciation and amortization 24,694 22,567 50,114 45,088  
Equity-based compensation     2,262 5,227  
Bad debt expense     248 327  
(Gain) loss on extinguishment of debt 22 0 22 (2,318) $ (2,300)
Amortization of loan costs, discounts and capitalized default interest     2,976 868  
Write-off of loan costs and exit fees 82 248 803 260  
Amortization of intangibles     238 237  
Amortization of non-refundable membership initiation fees     (1,042) (839)  
Interest expense accretion on refundable membership club deposits     310 342  
Realized and unrealized (gain) loss on derivatives     (1,258) (695)  
Equity in (earnings) loss of unconsolidated entity 85 75 134 148  
Deferred income tax expense (benefit)     8 127  
Changes in operating assets and liabilities:          
Accounts receivable and inventories     4,655 18,215  
Prepaid expenses and other assets     2,921 (13,448)  
Accounts payable and accrued expenses     (7,876) (9,664)  
Operating lease right-of-use assets     290 295  
Due to/from related parties, net     (968) 605  
Due to/from third-party hotel managers     296 10,678  
Increase (Decrease) In Due To/From Ashford Inc.     2,769 (7,464)  
Operating lease liabilities     (157) (154)  
Other liabilities     1,716 662  
Net cash provided by (used in) operating activities     60,156 61,963  
CASH FLOWS FROM INVESTING ACTIVITIES          
Proceeds from property insurance     542 327  
Payments for initial franchise fee     0 (75)  
Investment in unconsolidated entity     0 (158)  
Improvements and additions to hotel properties     (39,224) (36,199)  
Net cash provided by (used in) investing activities     (38,682) (36,105)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Borrowings on indebtedness     62,000 0  
Repayments of indebtedness     (30,000) (196,355)  
Payments of loan costs and exit fees     (3,311) (790)  
Payments for derivatives     (1,295) (3,400)  
Proceeds from derivatives     3,275 4,010  
Purchase of common stock     (369) (19,306)  
Payments for dividends and distributions     (26,244) (26,139)  
Net proceeds from issuance of preferred stock     0 97,930  
Contributions from noncontrolling interest in consolidated entities     0 4,050  
Redemption of operating partnership units     0 (7,162)  
Distributions to noncontrolling interest in consolidated entities     0 (2,024)  
Redemption of preferred stock     (10,974) (904)  
Net cash provided by (used in) financing activities     (6,918) (150,090)  
Net change in cash, cash equivalents and restricted cash (including cash, cash equivalents and restricted cash held for sale)     14,556 (124,232)  
Cash, cash equivalents and restricted cash at beginning of period     166,503 315,696 315,696
Cash, cash equivalents and restricted cash at end of period (including cash, cash equivalents and restricted cash held for sale) 181,059 191,464 181,059 191,464  
SUPPLEMENTAL CASH FLOW INFORMATION          
Interest paid     51,021 53,297  
Income taxes paid (refunded)     119 2,920  
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES          
Dividends and distributions declared but not paid     9,333 8,917  
Capital expenditures accrued but not paid     12,972 21,011  
Distributions declared but not paid to a noncontrolling interest in a consolidated entity     3,723 315  
Non-cash preferred stock dividends     1,708 1,747  
Unsettled proceeds from derivatives     297 470  
Non-cash common stock/unit dividends     35 0  
SUPPLEMENTAL DISCLOSURE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH          
Cash and cash equivalents at beginning of period     85,599 261,541 261,541
Restricted cash at beginning of period     80,904 54,155 54,155
Cash, cash equivalents and restricted cash at beginning of period     166,503 315,696 315,696
Cash and cash equivalents at end of period 114,607 128,025 114,607 128,025 85,599
Restricted cash at end of period 52,339 63,439 52,339 63,439 80,904
Cash, cash equivalents and restricted cash at end of period 166,946 191,464 166,946 191,464 $ 166,503
Cash and cash equivalents at end of period included in assets held for sale 5,711   5,711    
Restricted cash at end of period included in assets held for sale 8,402 0 8,402 0  
Cash, cash equivalents and restricted cash at end of period (including cash, cash equivalents and restricted cash held for sale) $ 181,059 $ 191,464 $ 181,059 $ 191,464