v3.25.1
Related Person Transactions (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
Jan. 01, 2025
USD ($)
renewalOption
Apr. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
agreement
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
ft²
Related Party Transaction [Line Items]            
Rental income       $ 106,462 $ 139,435  
Other operating expenses       31,205 27,327  
Straight line rent receivables $ 135,306     135,306   $ 140,132
Other assets, net 23,842     23,842   11,594
Sonesta | Management Agreement Priority Return            
Related Party Transaction [Line Items]            
Related party transaction amount 7,500 $ 7,500        
Sonesta | Management Agreement Realized Return            
Related Party Transaction [Line Items]            
Related party transaction amount       910    
Related Party            
Related Party Transaction [Line Items]            
Rents receivable 853     $ 853   $ 0
Related Party | RMR LLC            
Related Party Transaction [Line Items]            
Number of agreements | agreement       2    
Rental income       $ 201 194  
Related Party | Sonesta            
Related Party Transaction [Line Items]            
Rental income         $ 2,775  
Rentable square feet (in square feet) | ft²           240,000
Additional area of real estate property (in square feet) | ft²           5,900
Annual base rent           $ 6,724
Annual percentage increase           10.00%
Annual base rent increase period           5 years
Number of renewal options | renewalOption   2        
Renewal term   10 years        
Priority return increase percentage of out-of-pocket capital expenditures   8.00%        
Priority return percentage of prior year's annual owner's priority return   102.00%        
Rents receivable 853     853    
Incentive fee, percent of net operating profit   20.00%        
Loyalty fee, percent of room revenues   1.00%        
Loyalty fee, percent of qualified room revenues   4.50%        
Straight line rent receivables           $ 12,343
Other assets, net $ 12,235     12,235    
Related Party | Sonesta | Management, Brand Promotion and Loyalty Fees            
Related Party Transaction [Line Items]            
Rental income       7,153    
Other operating expenses       361    
Related Party | Sonesta | Management, Brand Promotion and Loyalty Fees | Subsequent Event            
Related Party Transaction [Line Items]            
Other operating expenses     $ 548      
Related Party | Sonesta | Sonesta Management Agreement, Period One            
Related Party Transaction [Line Items]            
Required escrow deposit, percent of gross revenues   1.00%        
Base management fee, percent of gross revenues   1.50%        
Brand promotion fee, percent of gross revenues   1.75%        
Related Party | Sonesta | Sonesta Management Agreement, Period Two            
Related Party Transaction [Line Items]            
Required escrow deposit, percent of gross revenues   3.00%        
Base management fee, percent of gross revenues   3.00%        
Brand promotion fee, percent of gross revenues   3.50%        
Related Party | Sonesta | Sonesta Management Agreement, Period Three            
Related Party Transaction [Line Items]            
Required escrow deposit, percent of gross revenues   4.00%        
Required escrow deposit       81    
Related Party | Sonesta | Asset Management Amortization            
Related Party Transaction [Line Items]            
Other operating expenses       $ 108