XML 73 R62.htm IDEA: XBRL DOCUMENT v3.24.3
Summary of Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Financial assets measured at fair value:        
Investment in securities $ 41,493 $ 0    
Derivative assets, Carrying Value 480 2,847    
Financial liabilities measured at fair value:        
Derivative liabilities, Carrying Value 0 12    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying Value 168,675 85,599 $ 149,496 $ 261,541
Restricted cash 48,461 80,904 $ 57,333 $ 54,155
Accounts receivable, net, Carrying Value 32,479 39,199    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying Value 1,222,943 1,173,043    
Accounts payable and accrued expenses, Carrying Value 144,868 149,867    
Dividends and distributions payable 9,271 9,158    
Ashford Inc.        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 5,489 1,471    
Related Party        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 16 603    
Nonrelated Party        
Financial assets not measured at fair value:        
Due from third-party hotel managers 19,855 17,739    
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 1,509 1,608    
Carrying Value        
Financial assets measured at fair value:        
Investment in securities 41,493 0    
Derivative assets, Carrying Value 480 2,847    
Financial liabilities measured at fair value:        
Derivative liabilities, Carrying Value 0 12    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying Value 168,675 85,599    
Restricted cash 48,461 80,904    
Accounts receivable, net, Carrying Value 32,479 39,199    
Note receivable, Carrying Value 5,855 0    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying Value 1,221,844 1,171,459    
Accounts payable and accrued expenses, Carrying Value 144,868 149,867    
Dividends and distributions payable 9,271 9,158    
Carrying Value | Ashford Inc.        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 5,489 1,471    
Carrying Value | Related Party        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 16 603    
Carrying Value | Nonrelated Party        
Financial assets not measured at fair value:        
Due from third-party hotel managers 19,855 17,739    
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 1,509 1,608    
Estimated Fair Value        
Financial assets measured at fair value:        
Investment in securities 41,493 0    
Derivative assets, Estimated Fair Value 480 2,847    
Financial liabilities measured at fair value:        
Derivative liabilities, Estimated Fair Value 0 12    
Financial assets not measured at fair value:        
Cash and cash equivalents, Estimated Fair Value 168,675 85,599    
Restricted cash, Estimated Fair Value 48,461 80,904    
Accounts receivable, net, Estimated Fair Value 32,479 39,199    
Note receivable, Estimated Fair Value 5,855 0    
Financial liabilities not measured at fair value:        
Indebtedness, Estimated Fair Value 1,185,109 1,124,377    
Accounts payable and accrued expenses, Estimated Fair Value 144,868 149,867    
Dividends and distributions payable, Estimated Fair Value 9,271 9,158    
Estimated Fair Value | Ashford Inc.        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Estimated fair value 5,489 1,471    
Estimated Fair Value | Related Party        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Estimated fair value 16 603    
Estimated Fair Value | Nonrelated Party        
Financial assets not measured at fair value:        
Due from related parties and nonrelated parties, Estimated Fair Value 19,855 17,739    
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Estimated fair value $ 1,509 $ 1,608