XML 72 R51.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Equity [Abstract] |
Dividends Declared | Common Stock Dividends—The following table summarizes the common stock dividends declared during the period (in thousands):
|  |  | Year Ended December 31,
|  |  |  |  | 2024 |  | 2023 |  | 2022
Common stock dividends declared |  |  |  |  | $ | 13,401 |  |  | $ | 13,423 |  |  | $ | 5,665 |
The following table summarizes dividends declared (in thousands):
|  |  | Year Ended December 31, |
|  |  |  |  | 2024 |  | 2023 |  | 2022 |  |  |
Series D Cumulative Preferred Stock |  |  |  |  | $ | 3,300 |  |  | $ | 3,300 |  |  | $ | 3,300 |  |  |  |
Summarized Financial Information | The following table summarizes our carrying value and ownership interest in OpenKey:
| December 31, 2024 |  | December 31, 2023
Carrying value of the investment in OpenKey (in thousands) | $ | — |  |  | $ | 1,416 |
Ownership interest in OpenKey | 7.9 | % |  | 7.9 | %
The following table summarizes our equity in earnings (loss) in OpenKey (in thousands):
|  |  |  | Year Ended December 31, |  |
Line Item |  |  |  |  |  | 2024 |  | 2023 |  | 2022 |  |
Equity in earnings (loss) of unconsolidated entity |  |  |  |  |  | $ | (297) |  |  | $ | (273) |  |  | $ | (328) |  |  |
The following table summarizes our note receivable from OpenKey (in thousands):
Line Item |  | December 31, 2024 |  | December 31, 2023
Investment in unconsolidated entity |  | $ | 145 |  |  | $ | 258 |
The following table summarizes the interest income associated with the loan to OpenKey (in thousands):
|  |  |  | Year Ended December 31, |  |
Line Item |  |  |  |  |  | 2024 |  | 2023 |  | 2022 |  |
Equity in earnings (loss) of unconsolidated entity |  |  |  |  |  | $ | 40 |  |  | $ | 20 |  |  | $ | — |  |  |
The following table summarizes the (income) loss allocated to the noncontrolling interest in consolidated entities (in thousands):
|  |  |  | Year Ended December 31,
|  |  |  |  |  | 2024 |  | 2023 |  | 2022 |
(Income) loss from consolidated entities attributable to noncontrolling interests |  |  |  |  |  | $ | (25,928) |  |  | $ | (1,619) |  |  | $ | (2,063) |  |

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration