Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of segment information

	For the Three Months Ended March 31, 2021
	Hotels		Net Lease		Corporate		Consolidated
Revenues:
Hotel operating revenues	$	168,953	$	—	$	—	$	168,953
Rental income	496		91,721		—		92,217
Total revenues	169,449		91,721		—		261,170
Expenses:
Hotel operating expenses	214,987		—		—		214,987
Other operating expenses	—		3,417		—		3,417
Depreciation and amortization	68,124		56,244		—		124,368
General and administrative	—		—		12,657		12,657
Loss on asset impairment	—		1,211		—		1,211
Total expenses	283,111		60,872		12,657		356,640
Loss on sale of real estate	—		(9)		—		(9)
Unrealized losses on equity securities	—		—		(6,481)		(6,481)
Interest income	—		—		57		57
Interest expense	—		—		(89,391)		(89,391)
Income (loss) before income taxes and equity in earnings of an investee	(113,662)		30,840		(108,472)		(191,294)
Income tax expense	—		—		(853)		(853)
Equity in losses of an investee	—		—		(2,843)		(2,843)
Net income (loss)	$	(113,662)	$	30,840	$	(112,168)	$	(194,990)
	As of March 31, 2021
	Hotels		Net Lease		Corporate		Consolidated
Total assets	$	4,832,229	$	3,766,306	$	915,980	$	9,514,515

	For the Three Months Ended March 31, 2020
	Hotels		Net Lease		Corporate		Consolidated
Revenues:
Hotel operating revenues	$	383,503	$	—	$	—	$	383,503
Rental income	1,008		99,265		—		100,273
Total revenues	384,511		99,265		—		483,776
Expenses:
Hotel operating expenses	271,148		—		—		271,148
Other operating expenses	—		3,759		—		3,759
Depreciation and amortization	67,669		60,257		—		127,926
General and administrative	—		—		14,024		14,024
Loss on asset impairment	—		16,740		—		16,740
Total expenses	338,817		80,756		14,024		433,597
Gain on sale of real estate	—		(6,911)		—		(6,911)
Unrealized losses on equity securities	—		—		(5,045)		(5,045)
Interest income	147		—		115		262
Interest expense	—		—		(71,075)		(71,075)
Income (loss) before income taxes and equity in earnings of an investee	45,841		11,598		(90,029)		(32,590)
Income tax expense	—		—		(342)		(342)
Equity in losses of an investee	—		—		(718)		(718)
Net income (loss)	$	45,841	$	11,598	$	(91,089)	$	(33,650)
	As of December 31, 2020
	Hotels		Net Lease		Corporate		Consolidated
Total assets	$	4,846,410	$	3,721,418	$	119,491	$	8,687,319