v3.26.1
Supplemental Information to Statements of Cash Flows
 6 Months Ended
Jun. 30, 2026
Supplemental Cash Flow Elements [Abstract]  
Supplemental Information to Statements of Cash Flows Supplemental Information to Statements of Cash Flows (in thousands)
For the six months ended June 30,
20262025
Reconciliation of cash, cash equivalents, and restricted cash reserves
Cash and cash equivalents$937,599 $373,896 
Restricted cash reserves35,768 27,266 
Cash, cash equivalents, and restricted cash reserves$973,367 $401,162 
Interest paid$52,031 $51,780 
Income taxes paid$739 $871 
Operating cash flow lease payments for operating leases$6,995 $7,020 
Right-of-use asset and lease liability adjustments due to remeasurement$1,523 $— 
Supplemental investing and financing transactions
In connection with the sales of hotel properties, the Company recorded the following:
Sales price$13,187 $24,250 
Transaction costs(559)(446)
Operating prorations(5)(22)
Proceeds from sales of hotel properties, net$12,623 $23,782 
Supplemental non-cash transactions
Accrued capital expenditures$15,979 $22,698 
Distributions payable$30,893 $30,390