v3.22.4
Summary of Fair Value of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2022
Investments, All Other Investments [Abstract]  
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments
The carrying amounts and estimated fair values of financial instruments were as follows (in thousands):
September 30, 2022December 31, 2021
Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Financial assets measured at fair value:
Derivative assets$5,255 $5,255 $139 $139 
Financial liabilities measured at fair value:
Derivative liabilities$440 $440 $1,435 $1,435 
Financial assets not measured at fair value:
Cash and cash equivalents$358,878 $358,878 $215,998 $215,998 
Restricted cash53,932 53,932 47,376 47,376 
Accounts receivable, net27,158 27,158 23,701 23,701 
Due from related parties, net1,097 1,097 1,770 1,770 
Due from third-party hotel managers22,941 22,941 27,461 27,461 
Financial liabilities not measured at fair value:
Indebtedness$1,237,919 
$1,126,573 to $1,245,156
$1,172,312 
$1,022,408 to $1,130,029
Accounts payable and accrued expenses122,150 122,150 96,316 96,316 
Dividends and distributions payable4,353 4,353 2,173 2,173 
Due to Ashford Inc.8,891 8,891 1,474 1,474 
Due to third-party hotel managers1,514 1,514 610 610