v3.26.3
Equity - Narrative (Details)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Jul. 24, 2026
USD ($)
Feb. 05, 2026
shares
Feb. 07, 2025
shares
Feb. 17, 2023
USD ($)
May 11, 2022
$ / shares
shares
Sep. 30, 2026
USD ($)
vote
$ / shares
shares
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
USD ($)
shares
Sep. 30, 2026
USD ($)
class
vote
$ / shares
shares
Sep. 30, 2025
USD ($)
shares
Dec. 31, 2025
$ / shares
shares
Oct. 21, 2025
USD ($)
Class of Stock [Line Items]                          
Common shares of beneficial interest, authorized (in shares)           500,000,000       500,000,000   500,000,000  
Preferred shares of beneficial interest, authorized (in shares)           100,000,000       100,000,000   100,000,000  
Preferred shares of beneficial interest, par value (in usd per share) | $ / shares           $ 0.01       $ 0.01   $ 0.01  
Common unit redemption rights, redemption option, common share conversion basis           1       1      
Operating partnership units outstanding (in shares)           111,300,549       111,300,549   113,188,134  
LTIP units, outstanding (in shares)           1,338,018       1,338,018   1,154,431  
Preferred stock, outstanding (in shares)           25,205,860       25,205,860   27,068,962  
Long-Term Incentive Partnership ("LTIP") Units                          
Class of Stock [Line Items]                          
Classes of LTIP units | class                   2      
Awards vested (in shares)           1,002,586       1,002,586   710,156  
Long-Term Incentive Partnership ("LTIP") Class B Units                          
Class of Stock [Line Items]                          
Awards granted (in shares)   183,587 159,594                    
Operating Partnership                          
Class of Stock [Line Items]                          
Operating partnership units outstanding (in shares)           0       0   16,291  
Operating Partnership Units | Inn On Fifth                          
Class of Stock [Line Items]                          
Asset acquisition, equity interest issued or issuable (in shares)         16,291                
2025 Common Share Repurchase Program | Common Shares                          
Class of Stock [Line Items]                          
Share repurchase program, authorized amount | $                         $ 150,000
Stock repurchased during period, shares (in shares)                   2,095,747      
Repurchase of common shares | $                   $ 33,700      
Treasury stock acquired, average cost per share (in usd per share) | $ / shares                   $ 16.10      
Remaining authorized repurchase amount | $           $ 116,300       $ 116,300      
2023 Preferred Share Repurchase Program | Preferred Shares                          
Class of Stock [Line Items]                          
Treasury stock acquired, average cost per share (in usd per share) | $ / shares                   $ 19.23      
Remaining authorized repurchase amount | $           $ 38,300       $ 38,300      
Repurchase of preferred shares (in shares)                   1,863,102      
Repurchase of preferred shares | $                   $ 35,800      
2023 Preferred Share Repurchase Program | Preferred Shares | Open Market Transactions                          
Class of Stock [Line Items]                          
Repurchase of preferred shares (in shares)                   515,488      
2023 Preferred Share Repurchase Program | Preferred Shares | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Chamberlain West Hollywood Hotel | Chamberlain West Hollyood Hotel                          
Class of Stock [Line Items]                          
Repurchase of preferred shares (in shares)                   1,347,614      
2026 Preferred Share Repurchase Program | Preferred Shares                          
Class of Stock [Line Items]                          
Share repurchase program, authorized amount | $ $ 50,000                        
Common Shares                          
Class of Stock [Line Items]                          
Number of vote per share | vote           1       1      
Repurchase of common shares | $           $ 20,871     $ 49,999 $ 34,731 $ 65,611    
Common Shares | Common Shares                          
Class of Stock [Line Items]                          
Stock repurchased during period, shares (in shares)           1,151,295     4,325,260 2,182,240 5,719,480    
Repurchase of common shares | $           $ 12     $ 44 $ 22 $ 58    
Series F Preferred Stock                          
Class of Stock [Line Items]                          
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares           $ 25.00       $ 25.00      
Preferred stock, redemption after change in control                   120 days      
Share cap ratio on preferred shares on conversion           2.0649       2.0649      
Preferred stock, dividend rate, percentage           6.30% 6.30% 6.30%   6.30%      
Preferred stock, outstanding (in shares)           5,622,908       5,622,908   5,890,475  
Series F Preferred Stock | 2023 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage       6.30%                  
Series F Preferred Stock | 2026 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage 6.30%                        
5.70% Series H                          
Class of Stock [Line Items]                          
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares           $ 25.00       $ 25.00      
Preferred stock, redemption after change in control                   120 days      
Share cap ratio on preferred shares on conversion           2.2311       2.2311      
Preferred stock, dividend rate, percentage           5.70% 5.70% 5.70%   5.70%      
Preferred stock, outstanding (in shares)           7,219,484       7,219,484   7,827,164  
5.70% Series H | 2023 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage       5.70%                  
5.70% Series H | 2026 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage 5.70%                        
Series E Preferred Stock                          
Class of Stock [Line Items]                          
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares           $ 25.00       $ 25.00      
Preferred stock, redemption after change in control                   120 days      
Share cap ratio on preferred shares on conversion           1.9372       1.9372      
Preferred stock, dividend rate, percentage           6.375% 6.375% 6.375%   6.375%      
Preferred stock, outstanding (in shares)           3,976,791       3,976,791   4,265,374  
Series E Preferred Stock | 2023 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage       6.375%                  
Series E Preferred Stock | 2026 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage 6.375%                        
6.375% Series G                          
Class of Stock [Line Items]                          
Preferred shares of beneficial interest, redemption price per share (in usd per share) | $ / shares           $ 25.00       $ 25.00      
Preferred stock, redemption after change in control                   120 days      
Share cap ratio on preferred shares on conversion           2.1231       2.1231      
Preferred stock, dividend rate, percentage           6.375% 6.375% 6.375%   6.375%      
Preferred stock, outstanding (in shares)           8,386,677       8,386,677   9,085,949  
6.375% Series G | 2023 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage       6.375%                  
6.375% Series G | 2026 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage 6.375%                        
Preferred Shares                          
Class of Stock [Line Items]                          
Repurchase of preferred shares | $           $ 7,240     $ 1,064 $ 35,571 $ 1,064    
Preferred Shares | Preferred Shares                          
Class of Stock [Line Items]                          
Repurchase of preferred shares (in shares)           376,064     57,843 1,863,102 57,843    
Repurchase of preferred shares | $           $ 4     $ 1 $ 19 $ 1    
Preferred Shares | 2023 Preferred Share Repurchase Program                          
Class of Stock [Line Items]                          
Share repurchase program, authorized amount | $       $ 100,000                  
Series Z Preferred Stock                          
Class of Stock [Line Items]                          
Preferred stock, dividend rate, percentage         6.00%                
Asset acquisition, equity interest issued or issuable (in shares)         3,104,400                
Preferred stock, liquidation preference (in usd per share) | $ / shares         $ 25.00                
Series Z Preferred Stock | Operating Partnership                          
Class of Stock [Line Items]                          
Preferred stock, outstanding (in shares)           3,104,400       3,104,400   3,104,400