Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of segment information

	For the Three Months Ended March 31, 2022
	Hotels		Net Lease		Corporate		Consolidated
Revenues:
Hotel operating revenues	$	297,406	$	—	$	—	$	297,406
Rental income	—		96,358		—		96,358
Total revenues	297,406		96,358		—		393,764
Expenses:
Hotel operating expenses	290,343		—		—		290,343
Other operating expenses	—		2,269		—		2,269
Depreciation and amortization	56,162		47,951		—		104,113
General and administrative	—		—		11,989		11,989
Transaction related costs	—		—		1,177		1,177
Loss on asset impairment	5,568		(68)		—		5,500
Total expenses	352,073		50,152		13,166		415,391
Gain on sale of real estate, net	4,990		558		—		5,548
Unrealized loss on equity securities, net	—		—		(10,260)		(10,260)
Interest income	—		—		273		273
Interest expense	—		—		(92,344)		(92,344)
Income (loss) before income taxes and equity in earnings of an investee	(49,677)		46,764		(115,497)		(118,410)
Income tax expense	—		—		(695)		(695)
Equity in losses of an investee	—		—		(717)		(717)
Net income (loss)	$	(49,677)	$	46,764	$	(116,909)	$	(119,822)
	As of March 31, 2022
	Hotels		Net Lease		Corporate		Consolidated
Total assets	$	4,391,689	$	3,522,573	$	1,102,810	$	9,017,072

	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	195,352		—		—			195,352
Other operating expenses	—		3,417		—			3,417
Depreciation and amortization	68,124		56,244		—			124,368
General and administrative	—		—		12,657			12,657
Transition related costs	19,635		—		—			19,635
Loss on asset impairment	—		1,211		—			1,211
Total expenses	283,111		60,872		12,657			356,640
Loss on sale of real estate, net	—		(9)		—			(9)
Unrealized loss on equity securities, net	—		—		(6,481)			(6,481)
Interest income	—		—		57			57
Interest expense	—		—		(89,391)			(89,391)
Income (loss) before income taxes and equity in losses 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 December 31, 2021
	Hotels		Net Lease		Corporate			Consolidated
Total assets	$	4,487,101	$	3,580,095	$	1,086,119	`	$	9,153,315