10-Q Filing

ASHFORD HOSPITALITY TRUST INC CIK: 1232582 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001232582-21-000111`
Period End Date	20210331
Filing Date	20210510
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	aht-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 60 Cash Flow Statement 118 Stockholders Equity 23 Comprehensive Income 12

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$441.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$271.00K	USD	Point-in-time
Investments in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.36B	USD	Point-in-time
Investments in hotel properties, net	`RealEstateInvestmentPropertyNet`	$3.43B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$240.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$262.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$225.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.91M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$135.57M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$126.65M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$67.73M	USD	Point-in-time
Preferred stock, par value (in dollars per shares)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCash`	$74.41M	USD	Point-in-time
Preferred stock, par value (in dollars per shares)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance of $271 and $441, respectively	`AccountsReceivableExcludingFinancingReceivableAfterAllowanceForCreditLoss`	$33.32M	USD	Point-in-time
Accounts receivable, net of allowance of $271 and $441, respectively	`AccountsReceivableExcludingFinancingReceivableAfterAllowanceForCreditLoss`	$21.76M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Inventories	`InventoryNet`	$2.45M	USD	Point-in-time
Inventories	`InventoryNet`	$2.34M	USD	Point-in-time
Notes receivable, net	`NotesReceivableNet`	$8.26M	USD	Point-in-time
Notes receivable, net	`NotesReceivableNet`	$8.41M	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$2.81M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$2.67M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred costs, net	`DeferredCostsCurrentAndNoncurrent`	$6.80M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Deferred costs, net	`DeferredCostsCurrentAndNoncurrent`	$1.85M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$18.40M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.36M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$17.88M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	110.14M	shares	Point-in-time
Derivative assets	`DerivativeAssets`	$263.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	103.36M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	110.14M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	104.80M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	64.36M	shares	Point-in-time
Derivative assets	`DerivativeAssets`	$195.00K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$44.81M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$45.01M	USD	Point-in-time
Other assets	`OtherAssets`	$20.39M	USD	Point-in-time
Other assets	`OtherAssets`	$23.30M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsNet`	$797.00K	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsNet`	$797.00K	USD	Point-in-time
Due from Ashford Inc., net	`DueFromAffiliates`	$1.51M	USD	Point-in-time
Due from Ashford Inc., net	`DueFromAffiliates`	-	USD	Point-in-time
Due from related parties, net	`DueFromOtherRelatedParties`	$8.18M	USD	Point-in-time
Due from related parties, net	`DueFromOtherRelatedParties`	$5.80M	USD	Point-in-time
Due from third-party hotel managers	`DueFromThirdPartyHotelManagers`	$11.85M	USD	Point-in-time
Due from third-party hotel managers	`DueFromThirdPartyHotelManagers`	$9.38M	USD	Point-in-time
Total assets	`Assets`	$3.82B	USD	Point-in-time
Total assets	`Assets`	$3.73B	USD	Point-in-time
Indebtedness, net	`LongTermDebt`	$3.94B	USD	Point-in-time
Indebtedness, net	`LongTermDebt`	$3.73B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$95.65M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$99.95M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$98.69M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$43.63M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$236.00K	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$11.74M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$868.00K	USD	Point-in-time
Due to Ashford Inc., net	`DueToAffiliateCurrentAndNoncurrent`	-	USD	Point-in-time
Due to Ashford Inc., net	`DueToAffiliateCurrentAndNoncurrent`	$13.38M	USD	Point-in-time
Due to third-party hotel managers	`DueToThirdPartyHotelManagers`	$184.00K	USD	Point-in-time
Due to third-party hotel managers	`DueToThirdPartyHotelManagers`	$436.00K	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilitiesNet`	$2.26M	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilitiesNet`	$2.24M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$45.31M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$45.18M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$5.34M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$5.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.13B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.99B	USD	Point-in-time
Commitments and contingencies (note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests in operating partnership	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$24.68M	USD	Point-in-time
Redeemable noncontrolling interests in operating partnership	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$22.95M	USD	Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized, 110,140,224 and 64,362,505 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$644.00K	USD	Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized, 110,140,224 and 64,362,505 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.85B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.81B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.09B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.19B	USD	Point-in-time
Total stockholders equity (deficit) of the Company	`StockholdersEquity`	$-342.01M	USD	Point-in-time
Total stockholders equity (deficit) of the Company	`StockholdersEquity`	$-283.62M	USD	Point-in-time
Noncontrolling interest in consolidated entities	`MinorityInterest`	$85.00K	USD	Point-in-time
Noncontrolling interest in consolidated entities	`MinorityInterest`	$166.00K	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-341.93M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$269.27M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$197.67M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-283.45M	USD	Point-in-time
Total liabilities and equity/deficit	`LiabilitiesAndStockholdersEquity`	$3.73B	USD	Point-in-time
Total liabilities and equity/deficit	`LiabilitiesAndStockholdersEquity`	$3.82B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$281.88M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$115.83M	USD	1 Quarter
Total hotel expenses	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$91.55M	USD	1 Quarter
Total hotel expenses	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$201.71M	USD	1 Quarter
Property taxes, insurance and other	`PropertyTaxesInsuranceAndOther`	$17.47M	USD	1 Quarter
Property taxes, insurance and other	`PropertyTaxesInsuranceAndOther`	$20.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$66.35M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$57.63M	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$27.61M	USD	1 Quarter
Advisory services fee	`AdvisoryServicesFee`	$15.30M	USD	1 Quarter
Advisory services fee	`AdvisoryServicesFee`	$12.16M	USD	1 Quarter
Corporate, general and administrative	`GeneralAndAdministrativeExpense`	$7.00M	USD	1 Quarter
Corporate, general and administrative	`GeneralAndAdministrativeExpense`	$3.49M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$185.80M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$334.94M	USD	1 Quarter
Gain (loss) on disposition of assets and hotel properties	`GainLossOnSaleOfProperties`	$3.62M	USD	1 Quarter
Gain (loss) on disposition of assets and hotel properties	`GainLossOnSaleOfProperties`	$-69.00K	USD	1 Quarter
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-70.04M	USD	1 Quarter
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-49.44M	USD	1 Quarter
Equity in earnings (loss) of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-79.00K	USD	1 Quarter
Equity in earnings (loss) of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-137.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$611.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$13.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$229.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.52M	USD	1 Quarter
Interest expense and amortization of discounts and loan costs	`InterestExpenseDebt`	$33.26M	USD	1 Quarter
Interest expense and amortization of discounts and loan costs	`InterestExpenseDebt`	$57.09M	USD	1 Quarter
Write-off of premiums, loan costs and exit fees	`WriteOffOfDeferredDebtIssuanceCost`	$3.38M	USD	1 Quarter
Write-off of premiums, loan costs and exit fees	`WriteOffOfDeferredDebtIssuanceCost`	$95.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-1.48M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$919.00K	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$4.42M	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-101.62M	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-105.66M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-271.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$303.00K	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-105.39M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-101.92M	USD	1 Quarter
(Income) loss attributable to noncontrolling interest in consolidated entities	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterest`	$-81.00K	USD	1 Quarter
(Income) loss attributable to noncontrolling interest in consolidated entities	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterest`	$-48.00K	USD	1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest`	$-17.67M	USD	1 Quarter
Net (income) loss attributable to redeemable noncontrolling interests in operating partnership	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest`	$-2.27M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY	`NetIncomeLoss`	$-103.04M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY	`NetIncomeLoss`	$-84.20M	USD	1 Quarter
Preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$10.64M	USD	1 Quarter
Preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$-818.00K	USD	1 Quarter
Gain (loss) on extinguishment of preferred stock	`GainLossOnExtinguishmentOfPreferredStock`	-	USD	1 Quarter
Gain (loss) on extinguishment of preferred stock	`GainLossOnExtinguishmentOfPreferredStock`	$10.63M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-91.58M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-94.84M	USD	1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-1.10	USD	1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-9.40	USD	1 Quarter
Weighted average common shares outstanding basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.05M	shares	1 Quarter
Weighted average common shares outstanding basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.05M	shares	1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-9.40	USD	1 Quarter
Net income (loss) attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-1.10	USD	1 Quarter
Weighted average common shares outstanding diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.05M	shares	1 Quarter
Weighted average common shares outstanding diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.05M	shares	1 Quarter

Cash Flow Statement 118 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-105.39M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-101.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$66.35M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.63M	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$27.61M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAsset`	$69.00K	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAsset`	$-33.00K	USD	1 Quarter
Recognition of deferred income	`ContractWithCustomerLiabilityRevenueRecognized`	$237.00K	USD	1 Quarter
Recognition of deferred income	`ContractWithCustomerLiabilityRevenueRecognized`	$125.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$682.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$279.00K	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-5.00K	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-321.00K	USD	1 Quarter
Equity in (earnings) loss of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-79.00K	USD	1 Quarter
Equity in (earnings) loss of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-137.00K	USD	1 Quarter
(Gain) loss on disposition of assets and hotel properties	`GainLossOnSaleOfProperties`	$3.62M	USD	1 Quarter
(Gain) loss on disposition of assets and hotel properties	`GainLossOnSaleOfProperties`	$-69.00K	USD	1 Quarter
Realized and unrealized (gain) loss on marketable securities	`MarketableSecuritiesGainLoss`	$627.00K	USD	1 Quarter
Realized and unrealized (gain) loss on marketable securities	`MarketableSecuritiesGainLoss`	-	USD	1 Quarter
Purchases of marketable securities	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$452.00K	USD	1 Quarter
Purchases of marketable securities	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	-	USD	1 Quarter
Sales of marketable securities	`ProceedsFromSaleOfSecuritiesOperatingActivities`	-	USD	1 Quarter
Sales of marketable securities	`ProceedsFromSaleOfSecuritiesOperatingActivities`	$15.23M	USD	1 Quarter
Net settlement of trading derivatives	`NetSettlementOfTradingDerivatives`	-	USD	1 Quarter
Net settlement of trading derivatives	`NetSettlementOfTradingDerivatives`	$-4.63M	USD	1 Quarter
Realized and unrealized (gain) loss on derivatives	`GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet`	$919.00K	USD	1 Quarter
Realized and unrealized (gain) loss on derivatives	`GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet`	$4.20M	USD	1 Quarter
Amortization of loan costs, discounts and capitalized default interest and write-off of premiums, loan costs and exit fees	`AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees`	$6.60M	USD	1 Quarter
Amortization of loan costs, discounts and capitalized default interest and write-off of premiums, loan costs and exit fees	`AmortizationOfLoanCostsWriteOffOfLoanCostsAndExitFees`	$-6.07M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$4.91M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$1.94M	USD	1 Quarter
Amortization of parking asset	`AmortizationOfParkingAsset`	-	USD	1 Quarter
Amortization of parking asset	`AmortizationOfParkingAsset`	$117.00K	USD	1 Quarter
Non-cash interest income	`OtherNoncashIncome`	$223.00K	USD	1 Quarter
Non-cash interest income	`OtherNoncashIncome`	$208.00K	USD	1 Quarter
Paid-in kind interest expense	`PaidInKindInterest`	-	USD	1 Quarter
Paid-in kind interest expense	`PaidInKindInterest`	$6.66M	USD	1 Quarter
Accounts receivable and inventories	`IncreaseDecreaseInAccountsReceivableAndInventories`	$11.59M	USD	1 Quarter
Accounts receivable and inventories	`IncreaseDecreaseInAccountsReceivableAndInventories`	$-9.74M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.34M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.88M	USD	1 Quarter
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAssets`	$-126.00K	USD	1 Quarter
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAssets`	$-265.00K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-162.00K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-125.00K	USD	1 Quarter
Accounts payable and accrued expenses and accrued interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.44M	USD	1 Quarter
Accounts payable and accrued expenses and accrued interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-20.35M	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesExcludingAmountDueToAffiliates`	$-1.38M	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesExcludingAmountDueToAffiliates`	$-2.38M	USD	1 Quarter
Due to/from third-party hotel managers	`IncreaseDecreaseInDueToFromThirdPartyHotelManagers`	$-1.30M	USD	1 Quarter
Due to/from third-party hotel managers	`IncreaseDecreaseInDueToFromThirdPartyHotelManagers`	$-2.21M	USD	1 Quarter
Due to/from Ashford Inc., net	`IncreaseDecreaseInDueToAffiliates`	$-11.29M	USD	1 Quarter
Due to/from Ashford Inc., net	`IncreaseDecreaseInDueToAffiliates`	$-632.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$692.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-91.93M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.87M	USD	1 Quarter
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$51.00K	USD	1 Quarter
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Improvements and additions to hotel properties	`PaymentsForCapitalImprovements`	$20.36M	USD	1 Quarter
Improvements and additions to hotel properties	`PaymentsForCapitalImprovements`	$9.07M	USD	1 Quarter
Net proceeds from disposition of assets and hotel properties	`ProceedsFromSaleOfProductiveAssets`	$4.65M	USD	1 Quarter
Net proceeds from disposition of assets and hotel properties	`ProceedsFromSaleOfProductiveAssets`	$7.29M	USD	1 Quarter
Proceeds from property insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$147.00K	USD	1 Quarter
Proceeds from property insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$670.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.11M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.62M	USD	1 Quarter
Borrowings on indebtedness, net of commitment fee	`ProceedsFromIssuanceOfLongTermDebt`	$195.50M	USD	1 Quarter
Borrowings on indebtedness, net of commitment fee	`ProceedsFromIssuanceOfLongTermDebt`	$37.00M	USD	1 Quarter
Repayments of indebtedness	`RepaymentsOfLongTermDebt`	$45.29M	USD	1 Quarter
Repayments of indebtedness	`RepaymentsOfLongTermDebt`	$4.33M	USD	1 Quarter
Payments for loan costs and exit fees	`PaymentsOfDebtIssuanceCosts`	$17.53M	USD	1 Quarter
Payments for loan costs and exit fees	`PaymentsOfDebtIssuanceCosts`	$1.18M	USD	1 Quarter
Payments for dividends and distributions	`PaymentsOfDividends`	$17.97M	USD	1 Quarter
Payments for dividends and distributions	`PaymentsOfDividends`	-	USD	1 Quarter
Payments for derivatives	`PaymentsForDerivativeInstrumentFinancingActivities`	$63.00K	USD	1 Quarter
Payments for derivatives	`PaymentsForDerivativeInstrumentFinancingActivities`	$292.00K	USD	1 Quarter
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	$45.47M	USD	1 Quarter
Proceeds from common stock offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$218.81M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-27.50M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$125.78M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.24M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$293.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.96M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$398.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.31M	USD	Point-in-time
Cash, cash equivalents and restricted cash and at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$293.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash and at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.96M	USD	Point-in-time
Cash, cash equivalents and restricted cash and at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$398.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash and at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.31M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$58.87M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$51.27M	USD	1 Quarter
Income taxes paid (refunded)	`IncomeTaxesPaidNet`	$-87.00K	USD	1 Quarter
Income taxes paid (refunded)	`IncomeTaxesPaidNet`	$-38.00K	USD	1 Quarter
Accrued but unpaid capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$18.71M	USD	1 Quarter
Accrued but unpaid capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$6.34M	USD	1 Quarter
Accrued stock offering costs	`NonCashAccruedStockOfferingCosts`	-	USD	1 Quarter
Accrued stock offering costs	`NonCashAccruedStockOfferingCosts`	$155.00K	USD	1 Quarter
Common stock purchases accrued but not paid	`NonCashCommonStockPurchasesAccruedButNotPaid`	$358.00K	USD	1 Quarter
Common stock purchases accrued but not paid	`NonCashCommonStockPurchasesAccruedButNotPaid`	$46.00K	USD	1 Quarter
Non-cash loan principal associated with default interest and late charges	`NonCashLoanPrincipalAssociatedWithDefaultInterestAndLateFees`	$32.63M	USD	1 Quarter
Non-cash loan principal associated with default interest and late charges	`NonCashLoanPrincipalAssociatedWithDefaultInterestAndLateFees`	-	USD	1 Quarter
Non-cash extinguishment of preferred stock	`NonCashExtinguishmentOfPreferredStock`	-	USD	1 Quarter
Non-cash extinguishment of preferred stock	`NonCashExtinguishmentOfPreferredStock`	$103.19M	USD	1 Quarter
Issuance of common stock from preferred stock exchanges	`StockIssued1`	$92.55M	USD	1 Quarter
Issuance of common stock from preferred stock exchanges	`StockIssued1`	-	USD	1 Quarter
Debt discount associated with embedded debt derivative	`DebtDiscountAssociatedWithEmbeddedDebtDerivative`	-	USD	1 Quarter
Debt discount associated with embedded debt derivative	`DebtDiscountAssociatedWithEmbeddedDebtDerivative`	$43.68M	USD	1 Quarter
Unsettled common stock offering proceeds	`UnsettledCommonStockOfferingProceeds`	$809.00K	USD	1 Quarter
Unsettled common stock offering proceeds	`UnsettledCommonStockOfferingProceeds`	-	USD	1 Quarter
Accrued but unpaid financing costs	`FinancingCostsIncurredButNotYetPaid`	-	USD	1 Quarter
Accrued but unpaid financing costs	`FinancingCostsIncurredButNotYetPaid`	$4.99M	USD	1 Quarter
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$293.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.96M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$398.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.31M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-341.93M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$269.27M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$197.67M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-283.45M	USD	Point-in-time
Purchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$46.00K	USD	1 Quarter
Purchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$358.00K	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.28M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.27M	USD	1 Quarter
Issuance of restricted shares/units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of restricted shares/units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$46.12M	USD	1 Quarter
Dividend claw back upon cancellation	`ClawBackOfDividends`	$178.00K	USD	1 Quarter
Dividend claw back upon cancellation	`ClawBackOfDividends`	$378.00K	USD	1 Quarter
Conversion of operating partnership units	`StockIssuedDuringPeriodValueConversionOfUnits`	$959.00K	USD	1 Quarter
Redemption value adjustment	`MinorityInterestChangeInRedemptionValue`	$-2.88M	USD	1 Quarter
Redemption value adjustment	`MinorityInterestChangeInRedemptionValue`	$19.05M	USD	1 Quarter
Extinguishment of preferred stock	`ExtinguishmentOfPreferredStockValue`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-103.12M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-84.25M	USD	1 Quarter
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-341.93M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$269.27M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$197.67M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-283.45M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-105.39M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-101.92M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-105.39M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-101.92M	USD	1 Quarter
Less: Comprehensive (income) loss attributable to noncontrolling interest in consolidated entities	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterest`	$-81.00K	USD	1 Quarter
Less: Comprehensive (income) loss attributable to noncontrolling interest in consolidated entities	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterest`	$-48.00K	USD	1 Quarter
Less: Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest`	$-17.67M	USD	1 Quarter
Less: Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToRedeemableNoncontrollingInterest`	$-2.27M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-84.20M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-103.04M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.