XML 60 R47.htm IDEA: XBRL DOCUMENT v3.25.3
Hotel Dispositions - Schedule of Condensed Consolidated Financial Information from Hotel Property (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Write-off of loan costs and exit fees $ (366) $ (5,292) $ (1,833) $ (6,095)
Gain (loss) on extinguishment of debt (1,553) 0 (1,553) (22)
Disposal Group, Disposed of by Sale, Not Discontinued Operations        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Total hotel revenue 6,133 15,932 23,768 58,454
Total hotel operating expenses (3,148) (8,828) (13,673) (34,310)
Property taxes, insurance and other (247) (724) (1,253) (3,410)
Depreciation and amortization (672) (2,791) (4,119) (8,430)
Gain (loss) on disposition of assets and hotel property 41,043 88,160 41,043 88,160
Operating income (loss) 43,109 91,749 45,766 100,464
Interest income 0 55 0 265
Interest expense and amortization of loan costs (645) (2,183) (3,879) (9,427)
Write-off of loan costs and exit fees 0 0 (141) (104)
Gain (loss) on extinguishment of debt (1,553) 0 (1,553) 0
Income (loss) before income taxes 40,911 89,621 40,193 91,198
Income from consolidated entities attributable to noncontrolling interests 0 (26,296) 0 (28,024)
(Income) loss before income taxes attributable to redeemable noncontrolling interests in operating partnership (2,827) (5,098) (2,748) (5,093)
Income (loss) before income taxes attributable to the Company $ 38,084 $ 58,227 $ 37,445 $ 58,081
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration] Gain (loss) on disposition of assets and hotel properties Gain (loss) on disposition of assets and hotel properties Gain (loss) on disposition of assets and hotel properties Gain (loss) on disposition of assets and hotel properties