v3.22.4
Summary of Fair Value of Financial Instruments (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Financial assets measured at fair value:        
Derivative assets, Carrying value $ 5,255 $ 139    
Financial liabilities measured at fair value:        
Derivative liabilities, Carrying value 440 1,435    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value 358,878 215,998 $ 195,517 $ 78,606
Restricted cash, Carrying value 53,932 47,376 $ 44,753 $ 34,544
Accounts receivable, net, Carrying value 27,158 23,701    
Due from related parties, net, Carrying value 1,097 1,770    
Due from third-party hotel managers, Carrying value 22,941 27,461    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying value 1,237,000 1,180,750    
Accounts payable and accrued expenses, Carrying value 122,150 96,316    
Dividends and distributions payable, Carrying value 4,353 2,173    
Due to Ashford Inc., Carrying Value 8,891 1,474    
Due to third-party hotel managers, Carrying value 1,514 610    
Carrying Value        
Financial assets measured at fair value:        
Derivative assets, Carrying value 5,255 139    
Financial liabilities measured at fair value:        
Derivative liabilities, Carrying value 440 1,435    
Financial assets not measured at fair value:        
Cash and cash equivalents, Carrying value 358,878 215,998    
Restricted cash, Carrying value 53,932 47,376    
Accounts receivable, net, Carrying value 27,158 23,701    
Due from related parties, net, Carrying value 1,097 1,770    
Due from third-party hotel managers, Carrying value 22,941 27,461    
Financial liabilities not measured at fair value:        
Indebtedness, Carrying value 1,237,919 1,172,312    
Accounts payable and accrued expenses, Carrying value 122,150 96,316    
Dividends and distributions payable, Carrying value 4,353 2,173    
Due to Ashford Inc., Carrying Value 8,891 1,474    
Due to third-party hotel managers, Carrying value 1,514 610    
Estimated Fair Value        
Financial assets measured at fair value:        
Derivative assets, Estimated fair value 5,255 139    
Financial liabilities measured at fair value:        
Derivative liabilities, Estimated fair value 440 1,435    
Financial assets not measured at fair value:        
Cash and cash equivalents, Estimated fair value 358,878 215,998    
Restricted cash, Estimated fair value 53,932 47,376    
Accounts receivable, net, Estimated fair value 27,158 23,701    
Due from related parties, net, Estimated fair value 1,097 1,770    
Due from third-party hotel managers, Estimated fair value 22,941 27,461    
Financial liabilities not measured at fair value:        
Accounts payable and accrued expenses, Estimated fair value 122,150 96,316    
Dividends and distributions payable, Estimated fair value 4,353 2,173    
Due to Ashford Inc., Fair Value Disclosure 8,891 1,474    
Due to third-party hotel managers, Estimated fair value 1,514 610    
Minimum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value 1,126,573 1,022,408    
Maximum | Estimated Fair Value        
Financial liabilities not measured at fair value:        
Indebtedness, Estimated fair value $ 1,245,156 $ 1,130,029