v3.26.3
Indebtedness, net - Schedule of Indebtedness, Net (Details)
$ in Thousands
1 Months Ended 9 Months Ended
Oct. 30, 2026
USD ($)
extension
Aug. 12, 2026
USD ($)
Jul. 14, 2026
USD ($)
Jun. 25, 2026
extension
May 26, 2026
USD ($)
Aug. 07, 2025
USD ($)
Aug. 31, 2026
Sep. 30, 2026
USD ($)
extension
Dec. 31, 2025
USD ($)
Debt Instrument [Line Items]                  
Indebtedness, gross               $ 624,414 $ 1,113,025
Deferred loan costs, net               (2,849) (9,291)
Premiums/(discounts), net               0 (284)
Indebtedness, net               621,565 1,103,450
Indebtedness, net               442,957 1,103,450
Disposal Group, Held-for-sale, Not Discontinued Operations | Four Seasons Resort Scottsdale                  
Debt Instrument [Line Items]                  
Indebtedness, net related to assets held for sale               $ 178,608 0
Convertible Senior Notes | Convertible Senior Notes                  
Debt Instrument [Line Items]                  
Interest rate (as percent)               4.50%  
Indebtedness, gross               $ 0 86,250
Mortgages | Mortgage Loan Due January 2027                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (as percent)               3.25%  
Indebtedness, gross               $ 43,413 43,413
Number of extension options | extension       1          
Term of extension options (in years)       3 months          
Mortgages | Mortgage Loan Due January 2027 | Subsequent Event                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (as percent) 2.65%                
Indebtedness, gross $ 60,000                
Number of extension options | extension 2                
Term of extension options (in years) 1 year                
Additional contingent amount available to be drawn $ 15,000                
Floor rate (as percent) 0.0530                
Initial term of loan 3 years                
Mortgages | Mortgage Loan Due December 2028                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (as percent)               3.75%  
Indebtedness, gross               $ 110,600 110,600
Number of extension options | extension               2  
Term of extension options (in years)               1 year  
SOFR floor (as percent)               0.0200  
Mortgages | Mortgage Loan Due February 2027                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (as percent)               2.86%  
Indebtedness, gross               $ 0 70,500
Repayments of mortgage loan         $ 70,500        
Mortgages | Mortgage Loan Due March 2030                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (as percent)               2.83%  
Indebtedness, gross               $ 209,902 209,902
Number of extension options | extension               3  
Term of extension options (in years)               1 year  
Repayments of mortgage loan           $ 88,400      
Mortgages | Mortgage Loan Due August 2029                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (as percent)               4.91%  
Indebtedness, gross               $ 80,499 407,000
Number of extension options | extension               3  
Term of extension options (in years)             1 year 1 year  
Repayments of mortgage loan   $ 93,700 $ 232,800            
Mortgages | Mortgage Loan Due August 2030                  
Debt Instrument [Line Items]                  
Indebtedness, gross               $ 180,000 180,000
Number of extension options | extension               2  
Term of extension options (in years)               1 year  
SOFR floor (as percent)               0.0100  
Mortgages | Mortgage Loan Due August 2030 | Four Seasons Resort Scottsdale                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (as percent)               3.00%  
Term Loan | Term loan                  
Debt Instrument [Line Items]                  
Indebtedness, gross               $ 0 $ 5,360