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Summary of Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Financial assets measured at fair value:        
Investment in securities (amortized cost of $42,279) $ 41,535 $ 0    
Derivative assets, Carrying Value 356 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 135,465 85,599 $ 261,541 $ 215,998
Restricted cash 49,592 80,904 $ 54,155 $ 47,376
Accounts receivable, net, Carrying Value 31,754 39,199    
Financial liabilities not measured at fair value:        
Debt Balance 1,222,943 1,173,043    
Accounts payable and accrued expenses, Carrying Value 143,566 149,867    
Dividends and distributions payable 9,255 9,158    
Ashford Inc.        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 4,267 1,471    
Related Party        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 1,055 603    
Nonrelated Party        
Financial assets not measured at fair value:        
Due from third-party hotel managers 22,873 17,739    
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 1,476 1,608    
Carrying Value        
Financial assets measured at fair value:        
Investment in securities (amortized cost of $42,279) 41,535 0    
Derivative assets, Carrying Value 356 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 135,465 85,599    
Restricted cash 49,592 80,904    
Accounts receivable, net, Carrying Value 31,754 39,199    
Note receivable, Carrying Value 8,283 0    
Financial liabilities not measured at fair value:        
Debt Balance 1,222,003 1,171,459    
Accounts payable and accrued expenses, Carrying Value 143,566 149,867    
Dividends and distributions payable 9,255 9,158    
Carrying Value | Ashford Inc.        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 4,267 1,471    
Carrying Value | Related Party        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 1,055 603    
Carrying Value | Nonrelated Party        
Financial assets not measured at fair value:        
Due from third-party hotel managers 22,873 17,739    
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Carrying Value 1,476 1,608    
Estimated Fair Value        
Financial assets measured at fair value:        
Investment in securities (amortized cost of $42,279) 41,535 0    
Derivative assets, Estimated Fair Value 356 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 135,465 85,599    
Restricted cash, Estimated Fair Value 49,592 80,904    
Accounts receivable, net, Estimated Fair Value 31,754 39,199    
Note receivable, Estimated Fair Value 8,283 0    
Financial liabilities not measured at fair value:        
Indebtedness, Estimated Fair Value 1,207,420 1,124,377    
Accounts payable and accrued expenses, Estimated Fair Value 143,566 149,867    
Dividends and distributions payable, Estimated Fair Value 9,255 9,158    
Estimated Fair Value | Ashford Inc.        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Estimated fair value 4,267 1,471    
Estimated Fair Value | Related Party        
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Estimated fair value 1,055 603    
Estimated Fair Value | Nonrelated Party        
Financial assets not measured at fair value:        
Due from related parties and nonrelated parties, Estimated Fair Value 22,873 17,739    
Financial liabilities not measured at fair value:        
Due to related parties and nonrelated parties, Estimated fair value $ 1,476 $ 1,608