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Segment Reporting - Reconciliation (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Depreciation and amortization $ (98,733) $ (93,272) $ (78,122)
Advisory services fee (30,487) (31,089) (28,847)
Gain (loss) on legal settlements 0 0 114
Corporate, general and administrative (14,361) (13,523) (18,084)
Gain (loss) on disposition of assets and hotel property 88,165 0 0
Equity in earnings (loss) of unconsolidated entity (1,608) (253) (328)
Interest income 7,135 6,401 2,677
Other income (expense) 0 293 0
Interest expense and amortization of discounts and loan costs (108,124) (94,219) (52,166)
Write-off of loan costs and exit fees (6,111) (3,489) (146)
Gain (loss) on extinguishment of debt (22) 2,318 0
Realized and unrealized gain (loss) on derivatives 585 (663) 4,961
Income tax (expense) benefit (842) (2,689) (4,043)
NET INCOME (LOSS) 19,763 (30,628) 19,348
Direct Hotel Investments      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Hotel adjusted EBITDA 188,137 206,439 200,505
Ownership expenses included in property taxes, insurance and other (426) (1,626) (399)
Depreciation and amortization (98,733) (93,272) (78,122)
Advisory services fee (30,487) (31,089) (28,847)
Gain (loss) on legal settlements 0 0 114
Corporate, general and administrative (14,361) (13,523) (18,084)
Gain (loss) on disposition of assets and hotel property 88,165 0  
Equity in earnings (loss) of unconsolidated entity (1,608) (253) (328)
Interest income 7,135 6,401 2,677
Other income (expense) 0 293 0
Interest expense and amortization of discounts and loan costs (108,124) (94,219) (52,166)
Write-off of loan costs and exit fees (6,111) (3,489) (146)
Gain (loss) on extinguishment of debt (22) 2,318 0
Realized and unrealized gain (loss) on derivatives 585 (663) 4,961
Income tax (expense) benefit (842) (2,689) (4,043)
NET INCOME (LOSS) 19,763 (30,628) 19,348
Direct Hotel Investments | Other hotel      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Cost of goods and service, adjusted (2,882) (4,834) (6,575)
Direct Hotel Investments | Management fees      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Cost of goods and service, adjusted $ (663) $ (422) $ (199)