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Segment Reporting - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Depreciation and amortization $ (23,164) $ (25,078) $ (69,919) $ (75,192)
Advisory services fee (7,915) (8,627) (21,717) (23,155)
Corporate general and administrative (3,811) (8,874) (4,407) (11,105)
Gain (loss) on disposition of assets and hotel properties 40,970 88,210 40,970 88,210
Equity in earnings (loss) of unconsolidated entity 0 (80) 0 (214)
Interest income 1,494 2,660 4,901 4,528
Other income (expense) 0 0 (1,250) 0
Interest expense and amortization of discounts and loan costs (25,188) (27,911) (75,376) (81,687)
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)
Realized and unrealized gain (loss) on derivatives (118) (735) (301) 523
Income tax (expense) benefit 648 864 (474) (474)
NET INCOME (LOSS) 4,723 39,835 8,554 41,530
Direct Hotel Investments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Hotel adjusted EBITDA 25,562 25,050 144,096 147,107
Ownership expenses included in property taxes, insurance and other (66) (37) (224) (269)
Management fees (103) (234) (393) (541)
Depreciation and amortization (23,164) (25,078) (69,919) (75,192)
Advisory services fee (7,915) (8,627) (21,717) (23,155)
Corporate general and administrative (3,811) (8,874) (4,407) (11,105)
Gain (loss) on disposition of assets and hotel properties 40,970 88,210 40,970 88,210
Equity in earnings (loss) of unconsolidated entity 0 (80) 0 (214)
Interest income 1,494 2,660 4,901 4,528
Other income (expense) 0 0 (1,250) 0
Interest expense and amortization of discounts and loan costs (25,188) (27,911) (75,376) (81,687)
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)
Realized and unrealized gain (loss) on derivatives (118) (735) (301) 523
Income tax (expense) benefit 648 864 (474) (474)
NET INCOME (LOSS) 4,723 39,835 8,554 41,530
Direct Hotel Investments | Other        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Cost of goods and service, adjusted $ (1,667) $ (81) $ (3,966) $ (84)