CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ (311,382)	$ 259,750	$ 185,734
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	498,908	428,448	403,077
Amortization of debt issuance costs and debt discounts and premiums as interest	14,870	11,117	10,177
Straight line rental income	714	10,719	(12,509)
Security deposits utilized or replenished	(109,162)	(23,549)	6,740
Loss on early extinguishment of debt	9,394	8,451	160
Loss on asset impairment	55,756	39,296	0
Unrealized (gains) losses on equity securities, net	(19,882)	40,461	16,737
Equity in losses (earnings) of an investee	9,910	(393)	(515)
Distribution of earnings from Affiliates Insurance Company	0	2,423	0
Gain on sale of real estate, net	(2,261)	(159,535)	0
Gain on insurance settlement	(62,386)	0	0
Deferred income taxes	13,850	(127)	(1,047)
Other non-cash (income) expense, net	(2,558)	(614)	(2,713)
Changes in assets and liabilities:
Due from related persons	(33)	3,272	(572)
Other assets	(78,340)	(11,385)	6,200
Accounts payable and other liabilities	2,296	60,484	5,824
Due to related persons	17,910	(51,096)	(20,340)
Net cash provided by operating activities	37,604	617,722	596,953
Cash flows from investing activities:
Real estate acquisitions and deposits	(7,090)	(2,713,191)	(127,703)
Real estate improvements	(69,082)	(150,531)	(182,862)
Hotel managers’ purchases with restricted cash	(153,626)	(208,241)	(135,177)
Hotel manager’s deposit of insurance proceeds into restricted cash	22,488	25,000	18,000
Net proceeds from sale of real estate	167,542	816,450	0
Net proceeds from sale of equity securities	0	93,892	0
Distributions in excess of earnings from Affiliates Insurance Company	286	6,577	0
Net cash used in investing activities	(51,807)	(2,130,044)	(427,742)
Cash flows from financing activities:
Proceeds from issuance of senior unsecured notes, net of discounts and premiums	1,250,000	1,693,879	389,976
Repayment of senior unsecured notes	(405,971)	0	0
Repayment of term loan	(400,000)	0	0
Borrowings under revolving credit facility	1,189,094	1,124,000	517,000
Repayments of revolving credit facility	(1,487,670)	(924,000)	(738,000)
Debt issuance costs	(26,903)	(21,882)	(12,242)
Repurchase of common shares	(346)	(800)	(606)
Distributions to common shareholders	(93,804)	(353,619)	(346,832)
Net cash provided by (used in) financing activities	24,400	1,517,578	(190,704)
Increase (decrease) in cash and cash equivalents and restricted cash	10,197	5,256	(21,493)
Cash and cash equivalents and restricted cash at beginning of year	81,259	76,003	97,496
Cash and cash equivalents and restricted cash at end of year	91,456	81,259	76,003
Sonesta International Hotels Corporation
Cash flows from investing activities:
Investments	(5,314)	0	0
Travel Centers of America LLC
Cash flows from investing activities:
Investments	$ (7,011)	$ 0	$ 0