v3.26.1
JW MARRIOTT DESERT RIDGE TRANSACTION - Net Assets Acquired (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Jun. 10, 2025
Net assets acquired        
Property and equipment $ 5,078,259 $ 4,970,429    
Cash and cash equivalents - unrestricted 366,125 471,421 $ 420,579  
Cash and cash equivalents - restricted 31,695 28,759 $ 30,126  
Trade receivables 122,120 105,903    
Prepaid expenses and other assets 211,266 196,798    
Total assets 6,191,836 6,181,183    
Accounts payable and accrued liabilities (505,529) (517,708)    
Total liabilities assumed $ (4,956,640) $ (4,969,407)    
JW Marriott Desert Ridge        
Net assets acquired        
Property and equipment       $ 747,377
Cash and cash equivalents - unrestricted       5,891
Cash and cash equivalents - restricted       1,661
Trade receivables       14,426
Prepaid expenses and other assets       3,547
Intangible assets       114,875
Total assets       887,777
Accounts payable and accrued liabilities       (18,267)
Total liabilities assumed       (18,267)
Net assets acquired       $ 869,510