$SVC
Service Properties Trust Stock $svc

$svc Overview Financials Valuation SEC Filings Company Website

2018 Form 10-K Financial Statement

#000094539419000008 Filed on February 27, 2019

Income Statement

Concept	2018	2017 Q4	2017 Q3
Revenue	$2.295B	$535.1M	$577.6M
YoY Change	5.64%	11.66%	6.27%
Cost Of Revenue	$1.387B	$314.0M	$343.3M
YoY Change	8.82%	12.42%	6.61%
Gross Profit	$907.5M	$221.1M	$234.3M
YoY Change	1.13%	10.55%	5.79%
Gross Profit Margin	39.55%	41.32%	40.57%
Selling, General & Admin	$104.9M	$49.30M	$13.40M
YoY Change	-16.35%	516.25%	-64.46%
% of Gross Profit	11.56%	22.3%	5.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$403.1M	$99.90M	$98.21M
YoY Change	4.25%	9.66%	8.95%
% of Gross Profit	44.42%	45.18%	41.91%
Operating Expenses	$507.9M	$149.2M	$111.6M
YoY Change	-0.84%	50.55%	-12.74%
Operating Profit	$399.6M	$71.90M	$122.7M
YoY Change	5.06%	-28.74%	31.28%
Interest Expense	$195.2M	-$45.40M	$46.57M
YoY Change	7.51%	23.71%	12.82%
% of Operating Profit	48.86%	-63.14%	37.96%
Other Income/Expense, Net
YoY Change
Pretax Income	$186.4M	$26.40M	$86.32M
YoY Change	-11.76%	-58.56%	63.64%
Income Tax	$1.195M	$400.0K	$619.0K
% Of Pretax Income	0.64%	1.52%	0.72%
Net Earnings	$185.7M	$31.55M	$85.73M
YoY Change	-13.67%	-50.08%	65.46%
Net Earnings / Revenue	8.09%	5.89%	14.84%
Basic Earnings Per Share
Diluted Earnings Per Share	$1.130M	$191.8K	$521.9K
COMMON SHARES
Basic Shares Outstanding	164.2M shares	164.3M shares	164.1M shares
Diluted Shares Outstanding	164.3M shares		164.2M shares

Balance Sheet

Concept	2018	2017 Q4	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$26.00M	$24.10M	$14.50M
YoY Change	7.88%	121.1%	52.63%
Cash & Equivalents	$26.00M	$24.14M	$14.49M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$91.20M	$78.50M	$75.20M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$117.2M	$102.6M	$89.70M
YoY Change	14.23%	34.65%	23.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.550B	$6.643B	$6.668B
YoY Change	-1.41%	6.99%	8.23%
Goodwill
YoY Change
Intangibles		$108.3M
YoY Change		-0.24%
Long-Term Investments
YoY Change
Other Assets	$50.00M	$73.40M	$73.10M
YoY Change	-31.88%	21.32%	20.63%
Total Long-Term Assets	$7.060B	$7.048B	$7.055B
YoY Change	0.17%	7.47%	8.31%
TOTAL ASSETS
Total Short-Term Assets	$117.2M	$102.6M	$89.70M
Total Long-Term Assets	$7.060B	$7.048B	$7.055B
Total Assets	$7.177B	$7.150B	$7.144B
YoY Change	0.37%	7.78%	8.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$272.9M	$267.8M	$207.7M
YoY Change	2.56%	8.64%	-5.46%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$405.7M	$393.9M	$334.3M
YoY Change	3.44%	15.51%	6.67%
LONG-TERM LIABILITIES
Long-Term Debt	$4.173B	$4.001B	$4.021B
YoY Change	4.29%	26.46%	28.82%
Other Long-Term Liabilities	$1.300M
YoY Change	-23.53%
Total Long-Term Liabilities	$4.174B	$4.001B	$4.021B
YoY Change	4.28%	26.46%	28.82%
TOTAL LIABILITIES
Total Short-Term Liabilities	$405.7M	$393.9M	$334.3M
Total Long-Term Liabilities	$4.174B	$4.001B	$4.021B
Total Liabilities	$4.580B	$4.395B	$4.355B
YoY Change	4.2%	25.4%	26.8%
SHAREHOLDERS EQUITY
Retained Earnings		$3.310B	$3.278B
YoY Change		6.61%	7.79%
Common Stock		$1.643M	$1.643M
YoY Change		0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.597B	$2.755B	$2.789B
YoY Change
Total Liabilities & Shareholders Equity	$7.177B	$7.150B	$7.144B
YoY Change	0.37%	7.78%	8.48%

Cashflow Statement

Concept	2018	2017 Q4	2017 Q3
OPERATING ACTIVITIES
Net Income	$185.7M	$31.55M	$85.73M
YoY Change	-13.67%	-50.08%	65.46%
Depreciation, Depletion And Amortization	$403.1M	$99.90M	$98.21M
YoY Change	4.25%	9.66%	8.95%
Cash From Operating Activities	$597.0M	$186.2M	$151.2M
YoY Change	-5.02%	8.0%	17.57%
INVESTING ACTIVITIES
Capital Expenditures	-$310.6M	-$40.90M	-$265.0M
YoY Change	-57.21%	-66.8%	472.35%
Acquisitions
YoY Change
Other Investing Activities	-$117.2M	-$28.20M	-$1.200M
YoY Change	69.12%
Cash From Investing Activities	-$427.7M	-$69.10M	-$266.2M
YoY Change	-46.2%	-43.91%	474.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$606.0K
YoY Change	13.7%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$190.7M	-107.2M	94.10M
YoY Change	-198.93%	123.33%	-201.07%
NET CHANGE
Cash From Operating Activities	$597.0M	186.2M	151.2M
Cash From Investing Activities	-$427.7M	-69.10M	-266.2M
Cash From Financing Activities	-$190.7M	-107.2M	94.10M
Net Change In Cash	-$21.49M	9.900M	-20.90M
YoY Change	-182.21%	725.0%	93.52%
FREE CASH FLOW
Cash From Operating Activities	$597.0M	$186.2M	$151.2M
Capital Expenditures	-$310.6M	-$40.90M	-$265.0M
Free Cash Flow	$907.6M	$227.1M	$416.2M
YoY Change	-32.99%	-23.17%	137.96%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018	dei	Amendment Flag AmendmentFlag	false
CY2018	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2018	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018	dei	Document Period End Date DocumentPeriodEndDate	2018-12-31
CY2018	dei	Document Type DocumentType	10-K
CY2018	dei	Entity Central Index Key EntityCentralIndexKey	0000945394
CY2019Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	164441709	shares
CY2018	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2018	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q4	dei	Entity Number Of Employees EntityNumberOfEmployees	0	employee
CY2018Q2	dei	Entity Public Float EntityPublicFloat	4600000000	USD
CY2018	dei	Entity Registrant Name EntityRegistrantName	HOSPITALITY PROPERTIES TRUST
CY2018	dei	Entity Shell Company EntityShellCompany	false
CY2018	dei	Entity Small Business EntitySmallBusiness	false
CY2018	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2018	hpt	Accumulated Depreciation Related To Personal Property Excluded From Real Estate Gross AccumulatedDepreciationRelatedToPersonalPropertyExcludedFromRealEstateGross	399000	USD
CY2017Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Building And Improvements AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingAndImprovements	448531000	USD
CY2018Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Building And Improvements AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingAndImprovements	107128000	USD
CY2017Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Furniture Fixtures And Equipment AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFurnitureFixturesAndEquipment	35296000	USD
CY2018Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Furniture Fixtures And Equipment AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFurnitureFixturesAndEquipment	8575000	USD
CY2017Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets	2683000	USD
CY2018Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets	0	USD
CY2017Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Land AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	104548000	USD
CY2018Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Land AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	10888000	USD
CY2017Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Land Improvements AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLandImprovements	15339000	USD
CY2018Q4	hpt	Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Land Improvements AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLandImprovements	1006000	USD
CY2018	hpt	Average Remaining Term Management Agreement Leases AverageRemainingTermManagementAgreementLeases	P13Y0M
CY2016Q4	hpt	Business Combination And Asset Acquisition Building And Improvements Acquired BusinessCombinationAndAssetAcquisitionBuildingAndImprovementsAcquired	181332000	USD
CY2016Q4	hpt	Business Combination And Asset Acquisition Furniture Fixtures And Equipment Acquired BusinessCombinationAndAssetAcquisitionFurnitureFixturesAndEquipmentAcquired	11385000	USD
CY2016Q4	hpt	Business Combination And Asset Acquisition Intangible Assets Acquired BusinessCombinationAndAssetAcquisitionIntangibleAssetsAcquired	0	USD
CY2016Q4	hpt	Business Combination And Asset Acquisition Land Acquired BusinessCombinationAndAssetAcquisitionLandAcquired	37619000	USD
CY2016Q4	hpt	Business Combination And Asset Acquisition Land Improvements Acquired BusinessCombinationAndAssetAcquisitionLandImprovementsAcquired	24402000	USD
CY2016	hpt	Common Stock Dividends Paid As Percentage Of Ordinary Income CommonStockDividendsPaidAsPercentageOfOrdinaryIncome	0.9323
CY2017	hpt	Common Stock Dividends Paid As Percentage Of Ordinary Income CommonStockDividendsPaidAsPercentageOfOrdinaryIncome	0.9469
CY2018	hpt	Common Stock Dividends Paid As Percentage Of Ordinary Income CommonStockDividendsPaidAsPercentageOfOrdinaryIncome	1.0000
CY2016	hpt	Common Stock Dividends Paid As Percentage Of Qualified Dividend CommonStockDividendsPaidAsPercentageOfQualifiedDividend	0.0060
CY2017	hpt	Common Stock Dividends Paid As Percentage Of Qualified Dividend CommonStockDividendsPaidAsPercentageOfQualifiedDividend	0.0092
CY2016	hpt	Common Stock Dividends Paid As Percentage Of Return Of Capital CommonStockDividendsPaidAsPercentageOfReturnOfCapital	0.0617
CY2017	hpt	Common Stock Dividends Paid As Percentage Of Return Of Capital CommonStockDividendsPaidAsPercentageOfReturnOfCapital	0.0439
CY2017Q4	hpt	Cumulative Common Stock Distributions CumulativeCommonStockDistributions	4834491000	USD
CY2018Q4	hpt	Cumulative Common Stock Distributions CumulativeCommonStockDistributions	5181323000	USD
CY2017Q4	hpt	Cumulative Preferred Stock Distributions CumulativePreferredStockDistributions	343412000	USD
CY2018Q4	hpt	Cumulative Preferred Stock Distributions CumulativePreferredStockDistributions	343412000	USD
CY2018Q4	hpt	Deferred Gain To Be Recognized In Future Periods Gain Recognized Thereafter DeferredGainToBeRecognizedInFuturePeriodsGainRecognizedThereafter	43081000	USD
CY2018Q4	hpt	Deferred Gain To Be Recognized In Future Periods Gain Recognized Year Five DeferredGainToBeRecognizedInFuturePeriodsGainRecognizedYearFive	3585000	USD
CY2018Q4	hpt	Deferred Gain To Be Recognized In Future Periods Gain Recognized Year Four DeferredGainToBeRecognizedInFuturePeriodsGainRecognizedYearFour	3585000	USD
CY2018Q4	hpt	Deferred Gain To Be Recognized In Future Periods Gain Recognized Year One DeferredGainToBeRecognizedInFuturePeriodsGainRecognizedYearOne	3585000	USD
CY2018Q4	hpt	Deferred Gain To Be Recognized In Future Periods Gain Recognized Year Three DeferredGainToBeRecognizedInFuturePeriodsGainRecognizedYearThree	3585000	USD
CY2018Q4	hpt	Deferred Gain To Be Recognized In Future Periods Gain Recognized Year Two DeferredGainToBeRecognizedInFuturePeriodsGainRecognizedYearTwo	3585000	USD
CY2016	hpt	Effective Income Tax Rate Reconciliation Tax Credit Minimum Tax Refund Percent EffectiveIncomeTaxRateReconciliationTaxCreditMinimumTaxRefundPercent	0.000
CY2017	hpt	Effective Income Tax Rate Reconciliation Tax Credit Minimum Tax Refund Percent EffectiveIncomeTaxRateReconciliationTaxCreditMinimumTaxRefundPercent	0.026
CY2018	hpt	Effective Income Tax Rate Reconciliation Tax Credit Minimum Tax Refund Percent EffectiveIncomeTaxRateReconciliationTaxCreditMinimumTaxRefundPercent	0.000
CY2016	hpt	Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent	0.000
CY2017	hpt	Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent	0.218
CY2018	hpt	Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent	0.000
CY2018	hpt	Finite Lived Intangible Assets Weighted Average Useful Life FiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P6Y
CY2016	hpt	Finite Lived Intangible Liabilities Amortization Expense FiniteLivedIntangibleLiabilitiesAmortizationExpense	455000	USD
CY2017	hpt	Finite Lived Intangible Liabilities Amortization Expense FiniteLivedIntangibleLiabilitiesAmortizationExpense	455000	USD
CY2018	hpt	Finite Lived Intangible Liabilities Amortization Expense FiniteLivedIntangibleLiabilitiesAmortizationExpense	455000	USD
CY2018	hpt	Finite Lived Intangible Liabilities Weighted Average Useful Life FiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife	P3Y
CY2018Q4	hpt	Future Amortization Of Financing Costs After Year Five FutureAmortizationOfFinancingCostsAfterYearFive	5240000	USD
CY2018Q4	hpt	Future Amortization Of Financing Costs Year Five FutureAmortizationOfFinancingCostsYearFive	2394000	USD
CY2017Q4	hpt	Furniture Fixtures And Equipment FurnitureFixturesAndEquipment	648101000	USD
CY2018Q4	hpt	Furniture Fixtures And Equipment FurnitureFixturesAndEquipment	701976000	USD
CY2018Q4	hpt	Future Amortization Of Financing Costs Year Four FutureAmortizationOfFinancingCostsYearFour	4201000	USD
CY2018Q4	hpt	Future Amortization Of Financing Costs Year One FutureAmortizationOfFinancingCostsYearOne	5593000	USD
CY2018Q4	hpt	Future Amortization Of Financing Costs Year Three FutureAmortizationOfFinancingCostsYearThree	5039000	USD
CY2018Q4	hpt	Future Amortization Of Financing Costs Year Two FutureAmortizationOfFinancingCostsYearTwo	5593000	USD
CY2017Q4	hpt	Investment Building Improvements And Equipment InvestmentBuildingImprovementsAndEquipment	7758862000	USD
CY2018Q4	hpt	Investment Building Improvements And Equipment InvestmentBuildingImprovementsAndEquipment	7896734000	USD
CY2018Q4	hpt	Number Of Management Agreements Or Leases NumberOfManagementAgreementsOrLeases	13	agreement
CY2018	hpt	Number Of Miles Needed For Consent Of Property Ownership NumberOfMilesNeededForConsentOfPropertyOwnership	75	mi
CY2016	hpt	Other Comprehensive Income Loss Net Of Tax Equity Interest In Investees Unrealized Gains Losses OtherComprehensiveIncomeLossNetOfTaxEquityInterestInInvesteesUnrealizedGainsLosses	152000	USD
CY2017	hpt	Other Comprehensive Income Loss Net Of Tax Equity Interest In Investees Unrealized Gains Losses OtherComprehensiveIncomeLossNetOfTaxEquityInterestInInvesteesUnrealizedGainsLosses	460000	USD
CY2018	hpt	Other Comprehensive Income Loss Net Of Tax Equity Interest In Investees Unrealized Gains Losses OtherComprehensiveIncomeLossNetOfTaxEquityInterestInInvesteesUnrealizedGainsLosses	-68000	USD
CY2016	hpt	Other Comprehensive Income Netof Tax Attributableto Parent OtherComprehensiveIncomeNetofTaxAttributabletoParent	55106000	USD
CY2017	hpt	Other Comprehensive Income Netof Tax Attributableto Parent OtherComprehensiveIncomeNetofTaxAttributabletoParent	39775000	USD
CY2018	hpt	Other Comprehensive Loss Netof Tax Attributableto Parent OtherComprehensiveLossNetofTaxAttributabletoParent	68000	USD
CY2018Q4	hpt	Ownership Percentage Held In Subsidiary OwnershipPercentageHeldInSubsidiary	1
CY2016	hpt	Paymentsto Acquire Real Estate Netof Deposits PaymentstoAcquireRealEstateNetofDeposits	262955000	USD
CY2017	hpt	Paymentsto Acquire Real Estate Netof Deposits PaymentstoAcquireRealEstateNetofDeposits	594693000	USD
CY2018	hpt	Paymentsto Acquire Real Estate Netof Deposits PaymentstoAcquireRealEstateNetofDeposits	127703000	USD
CY2018	hpt	Personal Property Excluded From Real Estate Gross PersonalPropertyExcludedFromRealEstateGross	703000	USD
CY2016	hpt	Property Managers Deposit Of Insurance Proceeds Into Restricted Cash PropertyManagersDepositOfInsuranceProceedsIntoRestrictedCash	0	USD
CY2017	hpt	Property Managers Deposit Of Insurance Proceeds Into Restricted Cash PropertyManagersDepositOfInsuranceProceedsIntoRestrictedCash	0	USD
CY2018	hpt	Property Managers Deposit Of Insurance Proceeds Into Restricted Cash PropertyManagersDepositOfInsuranceProceedsIntoRestrictedCash	18000000	USD
CY2016	hpt	Property Managers Purchases With Restricted Cash PropertyManagersPurchasesWithRestrictedCash	69380000	USD
CY2017	hpt	Property Managers Purchases With Restricted Cash PropertyManagersPurchasesWithRestrictedCash	92733000	USD
CY2018	hpt	Property Managers Purchases With Restricted Cash PropertyManagersPurchasesWithRestrictedCash	135177000	USD
CY2018	hpt	Property Plant Equipment Impairment Charges PropertyPlantEquipmentImpairmentCharges	165000000	USD
CY2016	hpt	Real Estate Acquisitions And Capital Expenditures RealEstateAcquisitionsAndCapitalExpenditures	455373000	USD
CY2017	hpt	Real Estate Acquisitions And Capital Expenditures RealEstateAcquisitionsAndCapitalExpenditures	743340000	USD
CY2018	hpt	Real Estate Acquisitions And Capital Expenditures RealEstateAcquisitionsAndCapitalExpenditures	324227000	USD
CY2018	hpt	Real Estate Cost Basis Adjustment RealEstateCostBasisAdjustment	107000000	USD
CY2016	hpt	Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale	1310000	USD
CY2017	hpt	Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale	0	USD
CY2018	hpt	Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale	76420000	USD
CY2016	hpt	Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale	7327000	USD
CY2017	hpt	Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale	-5777000	USD
CY2018	hpt	Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale	219865000	USD
CY2016	hpt	Security Deposits Received Or Replenished Applied To Payment Shortfalls SecurityDepositsReceivedOrReplenishedAppliedToPaymentShortfalls	35759000	USD
CY2017	hpt	Security Deposits Received Or Replenished Applied To Payment Shortfalls SecurityDepositsReceivedOrReplenishedAppliedToPaymentShortfalls	36743000	USD
CY2018	hpt	Security Deposits Received Or Replenished Applied To Payment Shortfalls SecurityDepositsReceivedOrReplenishedAppliedToPaymentShortfalls	6740000	USD
CY2018	hpt	Stock Repurchased And Forfeitured During Period Value StockRepurchasedAndForfeituredDuringPeriodValue	606000	USD
CY2017Q4	hpt	Straight Line Rent Receivables StraightLineRentReceivables	2691000	USD
CY2018Q4	hpt	Straight Line Rent Receivables StraightLineRentReceivables	3073000	USD
CY2017	hpt	Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit	-5431000	USD
CY2018Q4	srt	Real Estate Federal Income Tax Basis RealEstateFederalIncomeTaxBasis	6475473000	USD
CY2017Q4	us-gaap	Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements	6126000	USD
CY2018Q4	us-gaap	Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements	1005000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	79358000	USD
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-266000	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4542307000	USD
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4545481000	USD
CY2017	us-gaap	Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock	9893000	USD
CY2016	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	8151000	USD
CY2017	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	8871000	USD
CY2018	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	10177000	USD
CY2016	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2303000	USD
CY2017	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2814000	USD
CY2018	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2542000	USD
CY2016Q4	us-gaap	Assets Assets	6634228000	USD
CY2017Q4	us-gaap	Assets Assets	7150385000	USD
CY2018Q4	us-gaap	Assets Assets	7177079000	USD
CY2016	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1367000	USD
CY2017	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2018	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10896000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24139000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	25966000	USD
CY2015Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	64893000	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	71352000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	97496000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	76003000	USD
CY2016	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	6459000	USD
CY2017	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	26144000	USD
CY2018	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-21493000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.03
CY2017Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.51
CY2017Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.52
CY2017Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.52
CY2017Q4	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.52
CY2017	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.07
CY2018Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.52
CY2018Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.53
CY2018Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.53
CY2018Q4	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.53
CY2018	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.11
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	164349141	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	164441709	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	164349141	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	164441709	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	1643000	USD
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	1644000	USD
CY2017Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	31545000	USD
CY2016	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	278216000	USD
CY2017	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	254918000	USD
CY2018	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	185666000	USD
CY2016	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1202538000	USD
CY2017	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1279547000	USD
CY2018	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1392355000	USD
CY2016	us-gaap	Costs And Expenses CostsAndExpenses	1660352000	USD
CY2017	us-gaap	Costs And Expenses CostsAndExpenses	1791608000	USD
CY2018	us-gaap	Costs And Expenses CostsAndExpenses	1900294000	USD
CY2016	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2017	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-5431000	USD
CY2018	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2016	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	2380000	USD
CY2017	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	670000	USD
CY2018	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	667000	USD
CY2016	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	4011000	USD
CY2017	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-3048000	USD
CY2018	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	2242000	USD
CY2016	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1631000	USD
CY2017	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1713000	USD
CY2018	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1575000	USD
CY2018Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	4227000000	USD
CY2017Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Gross DebtIssuanceCostsLineOfCreditArrangementsGross	7476000	USD
CY2018Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Gross DebtIssuanceCostsLineOfCreditArrangementsGross	6822000	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	20226000	USD
CY2018Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	22243000	USD
CY2016	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	9000	USD
CY2017	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-236000	USD
CY2018	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-1047000	USD
CY2016	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	9000	USD
CY2017	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-236000	USD
CY2018	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1047000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	94692000	USD
CY2018Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	99137000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2018Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2017Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	85661000	USD
CY2018Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	90816000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	3047000	USD
CY2018Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	2829000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards DeferredTaxAssetsTaxCreditCarryforwards	5984000	USD
CY2018Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards DeferredTaxAssetsTaxCreditCarryforwards	5492000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	94692000	USD
CY2018Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	99137000	USD
CY2017Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	8221000	USD
CY2018Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	7174000	USD
CY2017Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	8221000	USD
CY2018Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	7174000	USD
CY2016	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	357342000	USD
CY2017	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	386659000	USD
CY2018	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	403077000	USD
CY2016	us-gaap	Dividends Dividends	334799000	USD
CY2017	us-gaap	Dividends Dividends	341519000	USD
CY2018	us-gaap	Dividends Dividends	346832000	USD
CY2016	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	314135000	USD
CY2017	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	340084000	USD
CY2018	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	346832000	USD
CY2017Q4	us-gaap	Due From Related Parties DueFromRelatedParties	78513000	USD
CY2018Q4	us-gaap	Due From Related Parties DueFromRelatedParties	91212000	USD
CY2017Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	83049000	USD
CY2018Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	62913000	USD
CY2016	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.30
CY2017Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.16
CY2017Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.37
CY2017Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.52
CY2017Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.19
CY2017	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.24
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.49
CY2018Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.59
CY2018Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.71
CY2018Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.66
CY2018	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.13
CY2016	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.018
CY2017	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.016
CY2018	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.006
CY2016	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2017	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2018	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.000
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.218
CY2018	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.000
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.010
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.002
CY2018	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.002
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.000
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.000
CY2018	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.000
CY2016	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.008
CY2017	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.008
CY2018	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.008
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	0.350
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	0.350
CY2018	us-gaap	Effective Income Tax Rate Reconciliation Tax Exempt Income EffectiveIncomeTaxRateReconciliationTaxExemptIncome	0.210
CY2016	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	0	USD
CY2017	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	0	USD
CY2018	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-16737000	USD
CY2016	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	USD
CY2017	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	9348000	USD
CY2018	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	USD
CY2016	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-228000	USD
CY2017	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-146000	USD
CY2018	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-160000	USD
CY2016	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	99105000	USD
CY2017	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	125402000	USD
CY2018	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	104862000	USD
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	226993000	USD
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	211252000	USD
CY2018	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	186414000	USD
CY2016	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	137000	USD
CY2017	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	607000	USD
CY2018	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	515000	USD
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4020000	USD
CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-3284000	USD
CY2018	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1195000	USD
CY2016	us-gaap	Income Taxes Paid IncomeTaxesPaid	2727000	USD
CY2017	us-gaap	Income Taxes Paid IncomeTaxesPaid	2827000	USD
CY2018	us-gaap	Income Taxes Paid IncomeTaxesPaid	3218000	USD
CY2016	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	1213000	USD
CY2017	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	1215000	USD
CY2018	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	572000	USD
CY2016	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-8515000	USD
CY2017	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	21639000	USD
CY2018	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-20340000	USD
CY2016	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-730000	USD
CY2017	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	13117000	USD
CY2018	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-6200000	USD
CY2016	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	8752000	USD
CY2017	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-572000	USD
CY2018	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	5824000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	108289000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	105749000	USD
CY2016	us-gaap	Interest And Other Income InterestAndOtherIncome	274000	USD
CY2017	us-gaap	Interest And Other Income InterestAndOtherIncome	798000	USD
CY2018	us-gaap	Interest And Other Income InterestAndOtherIncome	1528000	USD
CY2016	us-gaap	Interest Expense InterestExpense	161913000	USD
CY2017	us-gaap	Interest Expense InterestExpense	181579000	USD
CY2018	us-gaap	Interest Expense InterestExpense	195213000	USD
CY2016	us-gaap	Interest Paid Net InterestPaidNet	146399000	USD
CY2017	us-gaap	Interest Paid Net InterestPaidNet	172558000	USD
CY2018	us-gaap	Interest Paid Net InterestPaidNet	174158000	USD
CY2017Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	7110761000	USD
CY2018Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	7194758000	USD
CY2017Q4	us-gaap	Land Land	1668797000	USD
CY2018Q4	us-gaap	Land Land	1626239000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	4394963000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	4579648000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7150385000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7177079000	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	398000000	USD
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	177000000	USD
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	2250000000	USD
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	0	USD
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	900000000	USD
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	677000000	USD
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	400000000	USD
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	USD
CY2018	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-16737000	USD
CY2016	us-gaap	Maturities Of Senior Debt MaturitiesOfSeniorDebt	575000000	USD
CY2017	us-gaap	Maturities Of Senior Debt MaturitiesOfSeniorDebt	350000000	USD
CY2018	us-gaap	Maturities Of Senior Debt MaturitiesOfSeniorDebt	0	USD
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-80950000	USD
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	192757000	USD
CY2018	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-190704000	USD
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-519987000	USD
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-795108000	USD
CY2018	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-427742000	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	607396000	USD
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	628495000	USD
CY2018	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	596953000	USD
CY2016	us-gaap	Net Income Loss NetIncomeLoss	223110000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	37171000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	60699000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	85728000	USD
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	31545000	USD
CY2017	us-gaap	Net Income Loss NetIncomeLoss	215143000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	80206000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	97289000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	117099000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	-108860000	USD
CY2018	us-gaap	Net Income Loss NetIncomeLoss	185734000	USD
CY2016	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	202446000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	25843000	USD
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	60699000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	85728000	USD
CY2017	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	203815000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	80206000	USD
CY2018Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	97289000	USD
CY2018Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	117099000	USD
CY2018Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-108860000	USD
CY2018	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	185734000	USD
CY2018Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	525	property
CY2018	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	3516858000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	309099000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	296809000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	296756000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	298335000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	298828000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	2017031000	USD
CY2017Q4	us-gaap	Other Assets OtherAssets	331195000	USD
CY2018Q4	us-gaap	Other Assets OtherAssets	460275000	USD
CY2016	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	54954000	USD
CY2017	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	39315000	USD
CY2018	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	0	USD
CY2018	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-68000	USD
CY2016	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	55106000	USD
CY2017	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	39775000	USD
CY2018	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-68000	USD
CY2016	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	2001000	USD
CY2017	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	2504000	USD
CY2018	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	2754000	USD
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	184788000	USD
CY2018Q4	us-gaap	Other Liabilities OtherLiabilities	211332000	USD
CY2016	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	3250000	USD
CY2017	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	3233000	USD
CY2018	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	2713000	USD
CY2016	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	187652000	USD
CY2017	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	131120000	USD
CY2018	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	182862000	USD
CY2016	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	613000	USD
CY2017	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	533000	USD
CY2018	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	606000	USD
CY2016	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	314135000	USD
CY2017	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	340084000	USD
CY2018	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	346832000	USD
CY2016	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	20664000	USD
CY2017	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	6601000	USD
CY2018	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	USD
CY2016	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	6106000	USD
CY2017	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	8437000	USD
CY2018	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	12242000	USD
CY2016	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	254738000	USD
CY2017	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	606397000	USD
CY2018	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	127597000	USD
CY2016	us-gaap	Percentage Rent PercentageRent	1303000	USD
CY2017	us-gaap	Percentage Rent PercentageRent	2106000	USD
CY2018	us-gaap	Percentage Rent PercentageRent	3695000	USD
CY2016	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	20664000	USD
CY2017	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1435000	USD
CY2018	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2016	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
CY2017	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	9893000	USD
CY2018	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
CY2016Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	372217000	USD
CY2016	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	371956000	USD
CY2017	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2018	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2016	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	737612000	USD
CY2017	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	989890000	USD
CY2018	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	389976000	USD
CY2016	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	764000000	USD
CY2017	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1102000000	USD
CY2018	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	517000000	USD
CY2016	us-gaap	Proceeds From Repurchase Of Redeemable Preferred Stock ProceedsFromRepurchaseOfRedeemablePreferredStock	0	USD
CY2017	us-gaap	Proceeds From Repurchase Of Redeemable Preferred Stock ProceedsFromRepurchaseOfRedeemablePreferredStock	-290000000	USD
CY2018	us-gaap	Proceeds From Repurchase Of Redeemable Preferred Stock ProceedsFromRepurchaseOfRedeemablePreferredStock	0	USD
CY2016	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	USD
CY2017	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	23438000	USD
CY2018	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	USD
CY2015Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	1938823000	USD
CY2016Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	2176537000	USD
CY2017Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	2409416000	USD
CY2018Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	2651000000	USD
CY2016	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	31261000	USD
CY2017	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	45474000	USD
CY2018	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	62923000	USD
CY2018Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements	7361000000	USD
CY2018Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land RealEstateAndAccumulatedDepreciationCarryingAmountOfLand	1679000000	USD
CY2018Q4	us-gaap	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements	2088000000	USD
CY2018Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	5545000000	USD
CY2018Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Land RealEstateAndAccumulatedDepreciationInitialCostOfLand	1679000000	USD
CY2016	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	31261000	USD
CY2017	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	71054000	USD
CY2018	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	62923000	USD
CY2015Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	7684059000	USD
CY2016Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	8100844000	USD
CY2017Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	8778907000	USD
CY2018Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	9040000000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2784478000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2973384000	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	9427659000	USD
CY2018Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	9522973000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	6643181000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	6549589000	USD
CY2018	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	79556000	USD
CY2016	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	0	USD
CY2017	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	8478000	USD
CY2018	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	0	USD
CY2016	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	1038000000	USD
CY2017	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	895000000	USD
CY2018	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	738000000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	60456000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	73357000	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	50037000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3310017000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3575307000	USD
CY2016	us-gaap	Revenues Revenues	2047211000	USD
CY2017Q1	us-gaap	Revenues Revenues	488602000	USD
CY2017Q2	us-gaap	Revenues Revenues	570603000	USD
CY2017Q3	us-gaap	Revenues Revenues	577588000	USD
CY2017Q4	us-gaap	Revenues Revenues	535142000	USD
CY2017	us-gaap	Revenues Revenues	2171935000	USD
CY2018Q1	us-gaap	Revenues Revenues	528633000	USD
CY2018Q2	us-gaap	Revenues Revenues	611951000	USD
CY2018Q3	us-gaap	Revenues Revenues	603153000	USD
CY2018Q4	us-gaap	Revenues Revenues	550799000	USD
CY2018	us-gaap	Revenues Revenues	2294536000	USD
CY2016	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	270285000	USD
CY2017	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	278353000	USD
CY2018	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	304224000	USD
CY2017Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	126078000	USD
CY2018Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	132816000	USD
CY2017Q4	us-gaap	Senior Notes SeniorNotes	3203962000	USD
CY2018Q4	us-gaap	Senior Notes SeniorNotes	3598295000	USD
CY2016	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	2547000	USD
CY2017	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	3169000	USD
CY2018	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	3781000	USD
CY2016	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	371956000	USD
CY2017	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	280107000	USD
CY2016	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	20689	shares
CY2018	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	29000	shares
CY2016	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	156088000	shares
CY2017	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	164175000	shares
CY2018	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	164258000	shares
CY2017	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	19058	shares
CY2018	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	21202	shares
CY2016	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	613000	USD
CY2017	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	535000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	2812082000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	3129389000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	2755422000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	2597431000	USD
CY2016	us-gaap	Straight Line Rent StraightLineRent	13570000	USD
CY2017	us-gaap	Straight Line Rent StraightLineRent	12378000	USD
CY2018	us-gaap	Straight Line Rent StraightLineRent	12509000	USD
CY2016	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	13570000	USD
CY2017	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	12378000	USD
CY2018	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	12509000	USD
CY2016	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	29.64
CY2017	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	28.01
CY2018	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	28.59
CY2017Q4	us-gaap	Unsecured Debt UnsecuredDebt	399086000	USD
CY2018Q4	us-gaap	Unsecured Debt UnsecuredDebt	397292000	USD
CY2017Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	33305000	USD
CY2018Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	31917000	USD
CY2017Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	140897000	USD
CY2018Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	148459000	USD
CY2016	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	26000	shares
CY2017	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	29000	shares
CY2016	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	156062000	shares
CY2017	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	164146000	shares
CY2018	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	164229000	shares
CY2018	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Note 7. Business and Property Management Agreements with RMR LLC</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> employees. The personnel and various services we require to operate our business are provided to us by RMR LLC. We have </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> agreements with RMR LLC to provide management services to us: (1) a business management agreement, which relates to our business generally, and (2) a property management agreement, which relates to our property level operations of the office building component of one of our hotels. See Note </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> for further information regarding our relationship, agreements and transactions with RMR LLC.</font></div><div style="line-height:120%;padding-bottom:8px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Management Agreements with RMR LLC. </font><font style="font-family:inherit;font-size:10pt;">Our management agreements with RMR LLC provide for an annual base management fee, an annual incentive management fee and property management and construction supervision fees, payable in cash, among other terms:</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Base Management Fee</font><font style="font-family:inherit;font-size:10pt;">. The annual base management fee payable to RMR LLC by us for each applicable period is equal to the lesser of:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the sum of (a) </font><font style="font-family:inherit;font-size:10pt;">0.7%</font><font style="font-family:inherit;font-size:10pt;"> of the average aggregate historical cost of our real estate investments up to </font><font style="font-family:inherit;font-size:10pt;">$250,000</font><font style="font-family:inherit;font-size:10pt;">, plus (b) </font><font style="font-family:inherit;font-size:10pt;">0.5%</font><font style="font-family:inherit;font-size:10pt;"> of the average aggregate historical cost of our real estate investments exceeding </font><font style="font-family:inherit;font-size:10pt;">$250,000</font><font style="font-family:inherit;font-size:10pt;">; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the sum of (a) </font><font style="font-family:inherit;font-size:10pt;">0.7%</font><font style="font-family:inherit;font-size:10pt;"> of the average closing price per share of our common shares on the stock exchange on which such shares are principally traded, during such period, multiplied by the average number of our common shares outstanding during such period, plus the daily weighted average of the aggregate liquidation preference of each class of our preferred shares outstanding during such period, plus the daily weighted average of the aggregate principal amount of our consolidated indebtedness during such period, or, together, our Average Market Capitalization, up to </font><font style="font-family:inherit;font-size:10pt;">$250,000</font><font style="font-family:inherit;font-size:10pt;">, plus (b) </font><font style="font-family:inherit;font-size:10pt;">0.5%</font><font style="font-family:inherit;font-size:10pt;"> of our Average Market Capitalization exceeding </font><font style="font-family:inherit;font-size:10pt;">$250,000</font><font style="font-family:inherit;font-size:10pt;">.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:72px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The average aggregate historical cost of our real estate investments includes our consolidated assets invested, directly or indirectly, in equity interests in or loans secured by real estate and personal property owned in connection with such real estate (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), all before reserves for depreciation, amortization, impairment charges or bad debts or other similar non-cash reserves.</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Incentive Management Fee</font><font style="font-family:inherit;font-size:10pt;">. The incentive management fee which may be earned by RMR LLC for an annual period is calculated as follows:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">An amount, subject to a cap based on the value of our common shares outstanding, equal to </font><font style="font-family:inherit;font-size:10pt;">12%</font><font style="font-family:inherit;font-size:10pt;"> of the product of:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:120px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:96px;"><font style="font-family:inherit;font-size:10pt;">-</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">our equity market capitalization on the last trading day of the year immediately prior to the relevant three year measurement period, and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:120px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:96px;"><font style="font-family:inherit;font-size:10pt;">-</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the amount (expressed as a percentage) by which the total return per share, as defined in the business management agreement and further described below, of our common shareholders (i.e., share price appreciation plus dividends) exceeds the total shareholder return of the SNL U.S. REIT Hotel Index, or the benchmark return per share, for the relevant measurement period.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;padding-left:72px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For purposes of the total return per share of our common shareholders, share price appreciation for a measurement period is determined by subtracting (1) the closing price of our common shares on Nasdaq on the last trading day of the year immediately before the first year of the applicable measurement period, or the initial share price, from (2) the average closing price of our common shares on the </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> consecutive trading days having the highest average closing prices during the final </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> trading days in the last year of the measurement period.</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The calculation of the incentive management fee (including the determinations of our equity market capitalization, initial share price and the total return per share of our common shareholders) is subject to adjustments if additional common shares are issued during the measurement period.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">No incentive management fee is payable by us unless our total return per share during the measurement period is positive.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The measurement periods are three year periods ending with the year for which the incentive management fee is being calculated.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If our total return per share exceeds </font><font style="font-family:inherit;font-size:10pt;">12%</font><font style="font-family:inherit;font-size:10pt;"> per year in any measurement period, the benchmark return per share is adjusted to be the lesser of the total shareholder return of the SNL U.S. REIT Hotel Index for such measurement period and </font><font style="font-family:inherit;font-size:10pt;">12%</font><font style="font-family:inherit;font-size:10pt;"> per year, or the adjusted benchmark return per share. In instances where the adjusted benchmark return per share applies, the incentive management fee will be reduced if our total return per share is between </font><font style="font-family:inherit;font-size:10pt;">200</font><font style="font-family:inherit;font-size:10pt;"> basis points and </font><font style="font-family:inherit;font-size:10pt;">500</font><font style="font-family:inherit;font-size:10pt;"> basis points below the SNL U.S. REIT Hotel Index by a low return factor, as defined in the business management agreement, and there will be no incentive management fee paid if, in these instances, our total return per share is more than </font><font style="font-family:inherit;font-size:10pt;">500</font><font style="font-family:inherit;font-size:10pt;"> basis points below the SNL U.S. REIT Hotel Index.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The incentive management fee is subject to a cap. The cap is equal to the value of the number of our common shares which would, after issuance, represent </font><font style="font-family:inherit;font-size:10pt;">1.5%</font><font style="font-family:inherit;font-size:10pt;"> of the number of our common shares then outstanding multiplied by the average closing price of our common shares during the </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> consecutive trading days having the highest average closing prices during the final </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> trading days of the relevant measurement period.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><font style="font-family:inherit;font-size:10pt;">◦</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Incentive management fees we paid to RMR LLC for any period may be subject to “clawback” if our financial statements for that period are restated due to material non-compliance with any financial reporting requirements under the securities laws as a result of the bad faith, fraud, willful misconduct or gross negligence of RMR LLC and the amount of the incentive management fee we paid was greater than the amount we would have paid based on the restated financial statements.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;padding-left:48px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to our business management agreement with RMR LLC, we recognized net business management fees of </font><font style="font-family:inherit;font-size:10pt;">$39,942</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$40,694</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$36,802</font><font style="font-family:inherit;font-size:10pt;"> for the years ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. The net business management fees we recognized are included in general and administrative expenses in our consolidated statements of comprehensive income for these periods. The net business management fees we recognized for each of the years ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> reflect a reduction of </font><font style="font-family:inherit;font-size:10pt;">$3,585</font><font style="font-family:inherit;font-size:10pt;"> for each of those years for the amortization of the liability we recorded in connection with the Up-C Transaction, as further described in Note </font><font style="font-family:inherit;font-size:10pt;">2</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;padding-left:48px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to our business management agreement, in January </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, we paid RMR LLC an incentive management fee of </font><font style="font-family:inherit;font-size:10pt;">$53,635</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$74,573</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$52,407</font><font style="font-family:inherit;font-size:10pt;"> for the years ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. In calculating the incentive management fee payable by us, our total shareholder return per share was adjusted in accordance with the business management agreement to reflect aggregate net increases in the number of our common shares outstanding as a result of certain share issuances and repurchases by us during the three year measurement period. In addition, the calculation of our benchmark return per share was also adjusted for these issuances and repurchases in accordance with the business management agreement in </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Property Management and Construction Supervision Fees. </font><font style="font-family:inherit;font-size:10pt;">The property management fees payable to RMR LLC by us for each applicable period are equal to </font><font style="font-family:inherit;font-size:10pt;">3.0%</font><font style="font-family:inherit;font-size:10pt;"> of gross collected rents and the construction supervision fees payable to RMR LLC by us for each applicable period are equal to </font><font style="font-family:inherit;font-size:10pt;">5.0%</font><font style="font-family:inherit;font-size:10pt;"> of construction costs for the office building component of one of our hotels that is subject to our property management agreement with RMR LLC.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;padding-left:48px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to our property management agreement with RMR LLC, we recognized aggregate property management and construction supervision fees of </font><font style="font-family:inherit;font-size:10pt;">$64</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$45</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$64</font><font style="font-family:inherit;font-size:10pt;"> for the years ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. These amounts are included in hotel operating expenses in our consolidated statements of comprehensive income.</font></div><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Expense Reimbursement. </font><font style="font-family:inherit;font-size:10pt;">We are generally responsible for all of our operating expenses, including certain expenses incurred by RMR LLC on our behalf. We are generally not responsible for payment of RMR LLC’s employment, office or administrative expenses incurred to provide management services to us, except for the employment and related expenses of RMR LLC employees assigned to work exclusively or partly at the office building component of one of our hotels, our share of the wages, benefits and other related costs of RMR LLC's centralized accounting personnel, our share of RMR LLC’s costs for providing our internal audit function, and as otherwise agreed. Our property level operating expenses are generally incorporated into rents charged to our tenants, including certain payroll and related costs incurred by RMR LLC. We reimbursed RMR LLC </font><font style="font-family:inherit;font-size:10pt;">$226</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$206</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$171</font><font style="font-family:inherit;font-size:10pt;"> for property management related expenses related to the office building component of one of our hotels for the years ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. These amounts are included in hotel operating expenses in our consolidated statements of comprehensive income for these periods. Our Audit Committee appoints our Director of Internal Audit and our Compensation Committee approves the costs of our internal audit function. The amounts recognized as expense for internal audit costs were </font><font style="font-family:inherit;font-size:10pt;">$173</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$276</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$235</font><font style="font-family:inherit;font-size:10pt;"> for the years ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. These amounts are included in general and administrative expenses in our consolidated statements of comprehensive income for these periods.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Term. </font><font style="font-family:inherit;font-size:10pt;">Our management agreements with RMR LLC have terms that end on December 31, 2039, and automatically extend on December 31st of each year for an additional year, so that the terms of our management agreements thereafter end on the 20th anniversary of the date of the extension.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Termination Rights</font><font style="font-family:inherit;font-size:10pt;">. We have the right to terminate one or both of our management agreements with RMR LLC: (i) at any time on </font><font style="font-family:inherit;font-size:10pt;">60</font><font style="font-family:inherit;font-size:10pt;"> days’ written notice for convenience, (ii) immediately on written notice for cause, as defined therein, (iii) on written notice given within </font><font style="font-family:inherit;font-size:10pt;">60</font><font style="font-family:inherit;font-size:10pt;"> days after the end of an applicable calendar year for a performance reason, as defined therein, and (iv) by written notice during the </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;"> following a change of control of RMR LLC, as defined therein. RMR LLC has the right to terminate the management agreements for good reason, as defined therein.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Termination Fee</font><font style="font-family:inherit;font-size:10pt;">. If we terminate one or both of our management agreements with RMR LLC for convenience, or if RMR LLC terminates one or both of our management agreements for good reason, we have agreed to pay RMR LLC a termination fee in an amount equal to the sum of the present values of the monthly future fees, as defined therein, for the terminated management agreement(s) for the term that was remaining prior to such termination, which, depending on the time of termination would be between </font><font style="font-family:inherit;font-size:10pt;">19</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">20</font><font style="font-family:inherit;font-size:10pt;"> years. If we terminate one or both of our management agreements with RMR LLC for a performance reason, we have agreed to pay RMR LLC the termination fee calculated as described above, but assuming a </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> year term was remaining prior to the termination. We are not required to pay any termination fee if we terminate our management agreements with RMR LLC for cause or as a result of a change of control of RMR LLC.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Transition Services.</font><font style="font-family:inherit;font-size:10pt;"> RMR LLC has agreed to provide certain transition services to us for </font><font style="font-family:inherit;font-size:10pt;">120 days</font><font style="font-family:inherit;font-size:10pt;"> following an applicable termination by us or notice of termination by RMR LLC, including cooperating with us and using commercially reasonable efforts to facilitate the orderly transfer of the management and real estate investment services provided under our business management agreement and to facilitate the orderly transfer of the management of the managed properties under our property management agreement, as applicable.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Vendors. </font><font style="font-family:inherit;font-size:10pt;">Pursuant to our management agreements with RMR LLC, RMR LLC may from time to time negotiate on our behalf with certain third party vendors and suppliers for the procurement of goods and services to us. As part of this arrangement, we may enter agreements with RMR LLC and other companies to which RMR LLC or its subsidiaries provides management services for the purpose of obtaining more favorable terms from such vendors and suppliers.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Investment Opportunities</font><font style="font-family:inherit;font-size:10pt;">. Under our business management agreement with RMR LLC, we acknowledge that RMR LLC may engage in other activities or businesses and act as the manager to any other person or entity (including other REITs) even though such person or entity has investment policies and objectives similar to ours and we are not entitled to preferential treatment in receiving information, recommendations and other services from RMR LLC.</font></div></td></tr></table></div>
CY2018	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in our consolidated financial statements include the allowance for doubtful accounts, purchase price allocations, useful lives of real estate and impairment of long lived assets.</font></div></div>

Files In Submission

Name	View Source	Status
0000945394-19-000008-index-headers.html	Edgar Link	pending
0000945394-19-000008-index.html	Edgar Link	pending
0000945394-19-000008.txt	Edgar Link	pending
0000945394-19-000008-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
hpt-20181231.xml	Edgar Link	completed
hpt-20181231.xsd	Edgar Link	pending
hpt-20181231_cal.xml	Edgar Link	unprocessable
hpt-20181231_def.xml	Edgar Link	unprocessable
hpt-20181231_lab.xml	Edgar Link	unprocessable
hpt-20181231_pre.xml	Edgar Link	unprocessable
hptq4201810kdocument.htm	Edgar Link	pending
hpt_123118xexhibitx108.htm	Edgar Link	pending
hpt_123118xexhibitx211.htm	Edgar Link	pending
hpt_123118xexhibitx231.htm	Edgar Link	pending
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$SVC
Service Properties Trust Stock $svc

2018 Form 10-K Financial Statement

#000094539419000008 Filed on February 27, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SVC Service Properties Trust Stock $svc

2018 Form 10-K Financial Statement

#000094539419000008 Filed on February 27, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SVC
Service Properties Trust Stock $svc