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Redeemable Noncontrolling Interests in Operating Partnership (Tables)
3 Months Ended
Mar. 31, 2024
Noncontrolling Interest [Abstract]  
Schedules of Redeemable Noncontrolling Interest
The following table presents the redeemable noncontrolling interests in Ashford Trust OP and the corresponding approximate ownership percentage:
March 31, 2024December 31, 2023
Redeemable noncontrolling interests in Ashford Trust OP (in thousands)$22,300 $22,007 
Cumulative adjustments to redeemable noncontrolling interests (1) (in thousands)
$185,410 $186,201 
Ownership percentage of operating partnership1.25 %1.27 %
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(1)    Reflects the excess of the redemption value over the accumulated historical costs.
We allocated net (income) loss to the redeemable noncontrolling interests as presented in the table below (in thousands):
Three Months Ended March 31,
20242023
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership$(853)$600