v3.26.1
Equity - Narrative (Details)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 24, 2026
USD ($)
Feb. 05, 2026
shares
Feb. 07, 2025
shares
Feb. 17, 2023
USD ($)
May 11, 2022
$ / shares
shares
Jun. 30, 2026
USD ($)
vote
$ / shares
shares
Mar. 31, 2026
Jun. 30, 2025
USD ($)
shares
Jun. 30, 2026
USD ($)
vote
class
$ / shares
shares
Jun. 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)           112,451,844     112,451,844   113,188,134  
LTIP units, outstanding (in shares)           1,338,018     1,338,018   1,154,431  
Preferred stock, outstanding (in shares)           25,581,924     25,581,924   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)           16,291     16,291   16,291  
Operating Partnership Units | Inn On Fifth                        
Class of Stock [Line Items]                        
Asset acquisition, equity interest issued or issuable (in shares)         16,291              
Preferred Shares                        
Class of Stock [Line Items]                        
Treasury stock acquired, average cost per share (in usd per share) | $ / shares                 $ 19.22      
Repurchase of preferred shares (in shares)                 1,487,038      
Repurchase of preferred shares | $                 $ 28,600      
Preferred Shares | Open Market Transactions                        
Class of Stock [Line Items]                        
Repurchase of preferred shares (in shares)                 139,424      
Preferred Shares | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Chamberlain West Hollywood Hotel                        
Class of Stock [Line Items]                        
Repurchase of preferred shares (in shares)                 1,347,614      
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)                 944,452      
Repurchase of common shares | $                 $ 12,900      
Treasury stock acquired, average cost per share (in usd per share) | $ / shares                 $ 13.63      
Remaining authorized repurchase amount | $           $ 137,100     $ 137,100      
2023 Preferred Share Repurchase Program | Preferred Shares                        
Class of Stock [Line Items]                        
Remaining authorized repurchase amount | $           $ 45,600     $ 45,600      
2026 Preferred Share Repurchase Program | Preferred Shares | Subsequent Event                        
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 | $           $ 7,960   $ 1,000 $ 13,860 $ 15,612    
Common Shares | Common Shares                        
Class of Stock [Line Items]                        
Stock repurchased during period, shares (in shares)           538,631   111,599 1,030,945 1,394,220    
Repurchase of common shares | $           $ 5   $ 1 $ 10 $ 14    
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%      
Preferred stock, outstanding (in shares)           5,707,904     5,707,904   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 | Subsequent Event                        
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%      
Preferred stock, outstanding (in shares)           7,388,647     7,388,647   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 | Subsequent Event                        
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%      
Preferred stock, outstanding (in shares)           4,032,809     4,032,809   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 | Subsequent Event                        
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%      
Preferred stock, outstanding (in shares)           8,452,564     8,452,564   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 | Subsequent Event                        
Class of Stock [Line Items]                        
Preferred stock, dividend rate, percentage 6.375%                      
Preferred Shares                        
Class of Stock [Line Items]                        
Repurchase of preferred shares | $           $ 28,331     $ 28,331      
Preferred Shares | Preferred Shares                        
Class of Stock [Line Items]                        
Repurchase of preferred shares (in shares)           1,487,038     1,487,038      
Repurchase of preferred shares | $           $ 15     $ 15      
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