CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Hotel operating revenues	$ 488,477	$ 471,910	$ 896,064	$ 868,413
Rental income	80,971	77,293	160,759	153,552
FF&E reserve income	1,155	1,096	2,382	2,452
Total revenues	570,603	550,299	1,059,205	1,024,417
Expenses:
Hotel operating expenses	339,549	324,922	622,272	601,227
Depreciation and amortization	95,155	88,782	188,606	176,053
General and administrative	30,347	37,365	62,693	53,388
Acquisition related costs	0	117	0	729
Total expenses	465,051	451,186	873,571	831,397
Operating income (loss)	105,552	99,113	185,634	193,020
Dividend income	626	749	1,252	749
Interest income	122	40	379	138
Interest expense (including amortization of debt issuance costs and debt discounts and premiums of $2,194, $2,127, $4,346 and $3,993, respectively)	(45,189)	(41,698)	(88,755)	(83,284)
Loss on early extinguishment of debt	0	0	0	(70)
Income before income taxes and equity in earnings of an investee	61,111	58,204	98,510	110,553
Income tax expense	(786)	(2,160)	(1,142)	(2,535)
Equity in earnings of an investee	374	17	502	94
Net income (loss)	60,699	56,061	97,870	108,112
Other comprehensive income (loss):
Unrealized gain (loss) on investment securities	(8,968)	19,676	12,650	37,221
Equity interest in investee’s unrealized gains	58	43	179	95
Other comprehensive income (loss)	(8,910)	19,719	12,829	37,316
Comprehensive income	51,789	75,780	110,699	145,428
Net income	60,699	56,061	97,870	108,112
Preferred distributions	0	(5,166)	(1,435)	(10,332)
Excess of liquidation preference over carrying value of preferred shares redeemed	0	0	(9,893)	0
Net income available for common shareholders	$ 60,699	$ 50,895	$ 86,542	$ 97,780
Weighted average common shares outstanding (basic) (in shares)	164,123	151,408	164,121	151,405
Weighted average common shares outstanding (diluted) (in shares)	164,165	151,442	164,157	151,428
Net income available for common shareholders per common share (in dollars per share)	$ 0.37	$ 0.34	$ 0.53	$ 0.65