v3.26.1
Equity and Redeemable Non-controlling Interests - Schedule of Redeemable Noncontrolling Interests (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Class Of Stock [Line Items]    
Balance at the beginning of the year $ 399,101 $ 434,878
GAAP loss allocation (6,103) (9,315)
Distributions (6,207) (6,218)
Fair value allocation 5,926 4,102
Ending balance 392,717 423,447
Special Limited Partner    
Class Of Stock [Line Items]    
Balance at the beginning of the year [1] 258,241 280,872
GAAP loss allocation [1] (3,949) (6,016)
Distributions [1] (4,016) (4,016)
Fair value allocation [1] 3,834 2,649
Ending balance [1] 254,110 273,489
Third-party Operating Partnership Unitholders    
Class Of Stock [Line Items]    
Balance at the beginning of the year 140,860 154,006
GAAP loss allocation (2,154) (3,299)
Distributions (2,191) (2,202)
Fair value allocation 2,092 1,453
Ending balance $ 138,607 $ 149,958
[1] Includes units transferred to Barry S. Sternlicht, which are deemed to be beneficially owned by Mr. Sternlicht.