v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - Supplemental Information - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Supplemental cash flow information:    
Cash paid for interest $ 51,049 $ 46,795
Cash refunded for income taxes (198) (183)
Non-cash investing activities:    
Real estate improvements accrued, not paid 17,495 24,329
Supplemental disclosure of cash and cash equivalents and restricted cash:    
Cash and cash equivalents 19,294 80,147
Restricted cash [1] 20,064 13,947
Total cash and cash equivalents and restricted cash $ 39,358 $ 94,094
[1] Restricted cash consists of amounts escrowed pursuant to the terms of our hotel management agreements to fund capital improvements at our hotels and amounts escrowed as required by certain of our debt agreements.