Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of segment information

	For the Year Ended December 31, 2019
	Hotels		Net Lease		Corporate			Consolidated
Hotel operating revenues	$	1,989,173	$	—	$	—		$	1,989,173
Rental income	20,985		301,251		—			322,236
FF&E reserve income	4,739		—		—			4,739
Total revenues	2,014,897		301,251		—			2,316,148
Hotel operating expenses	1,410,927		—		—			1,410,927
Other operating expenses	—		8,357		—			8,357
Depreciation and amortization	268,088		160,360		—			428,448
General and administrative	—		—		54,639			54,639
Acquisition and other transaction related costs	—		—		1,795			1,795
Loss on asset impairment	28,371		10,925		—			39,296
Total expenses	1,707,386		179,642		56,434			1,943,462
Gain on sale of real estate	—		159,535		—			159,535
Dividend income	—		—		1,752			1,752
Unrealized losses on equity securities	—		—		(40,461		)	(40,461		)
Interest income	795		—		1,420			2,215
Interest expense	—		—		(225,126		)	(225,126		)
Loss on early extinguishment of debt	—		—		(8,451		)	(8,451		)
Income (loss) before income taxes and equity in earnings of an investee	308,306		281,144		(327,300		)	262,150
Income tax expense	—		—		(2,793		)	(2,793		)
Equity in earnings of an investee	—		—		393			393
Net income (loss)	$	308,306	$	281,144	$	(329,700	)	$	259,750

	As of December 31, 2019
	Hotels		Net Lease		Corporate		Consolidated
Total assets	$	4,866,549	$	4,042,831	$	124,587	$	9,033,967

	For the Year Ended December 31, 2018
	Hotels		Net Lease		Corporate			Consolidated
Hotel operating revenues	$	1,958,598	$	—	$	—		$	1,958,598
Rental income	28,644		302,162		—			330,806
FF&E reserve income	5,132		—		—			5,132
Total revenues	1,992,374		302,162		—			2,294,536
Hotel operating expenses	1,387,065		—		—			1,387,065
Other operating expenses	—		5,290		—			5,290
Depreciation and amortization	255,759		147,318		—			403,077
General and administrative	—		—		104,862			104,862
Acquisition and other transaction related costs	—		—		—			—
Loss on asset impairment	—		—		—			—
Total expenses	1,642,824		152,608		104,862			1,900,294
Dividend income	—		—		2,754			2,754
Unrealized losses on equity securities	—		—		(16,737		)	(16,737		)
Interest income	990		—		538			1,528
Interest expense	—		—		(195,213		)	(195,213		)
Loss on early extinguishment of debt	—		—		(160		)	(160		)
Income (loss) before income taxes and equity in earnings of an investee	350,540		149,554		(313,680		)	186,414
Income tax expense	—		—		(1,195		)	(1,195		)
Equity in earnings of an investee	—		—		515			515
Net income (loss)	$	350,540	$	149,554	$	(314,360	)	$	185,734

	As of December 31, 2018
	Hotels		Net Lease		Corporate		Consolidated
Total assets	$	4,586,709	$	2,398,118	$	192,252	$	7,177,079

	For the Year Ended December 31, 2017
	Hotels		Net Lease		Corporate			Consolidated
Hotel operating revenues	$	1,840,829	$	—	$	—		$	1,840,829
Rental income	33,162		293,274		—			326,436
FF&E reserve income	4,670		—		—			4,670
Total revenues	1,878,661		293,274		—			2,171,935
Hotel operating expenses	1,274,642		—		—			1,274,642
Other operating expenses	—		4,905		—			4,905
Depreciation and amortization	242,829		143,830		—			386,659
General and administrative	—		—		125,402			125,402
Total expenses	1,517,471		148,735		125,402			1,791,608
Gain on sale of real estate	—		—		9,348			9,348
Dividend income	—		—		2,504			2,504
Interest income	401		—		397			798
Interest expense	—		—		(181,579		)	(181,579		)
Loss on early extinguishment of debt	—		—		(146		)	(146		)
Income (loss) before income taxes and equity in earnings of an investee	361,591		144,539		(294,878		)	211,252
Income tax benefit	—		—		3,284			3,284
Equity in earnings of an investee	—		—		607			607
Net income (loss)	$	361,591	$	144,539	$	(290,987	)	$	215,143

	As of December 31, 2017
	Hotels		Net Lease		Corporate		Consolidated
Total assets	$	4,477,512	$	2,476,073	$	196,800	$	7,150,385