2024 Q1 Form 10-K Financial Statement
#000094539424000015 Filed on February 28, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $436.3M | $444.1M | $1.874B |
YoY Change | 1.64% | -2.45% | 0.58% |
Cost Of Revenue | $305.1M | $297.5M | $1.224B |
YoY Change | 1.84% | 1.34% | -0.28% |
Gross Profit | $131.2M | $146.6M | $650.0M |
YoY Change | 1.17% | -9.34% | 2.25% |
Gross Profit Margin | 30.07% | 33.01% | 34.69% |
Selling, General & Admin | $10.51M | $11.22M | $45.40M |
YoY Change | -3.71% | 29.51% | 2.24% |
% of Gross Profit | 8.01% | 7.65% | 6.98% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $93.11M | $94.95M | $384.1M |
YoY Change | -6.93% | -0.01% | -4.25% |
% of Gross Profit | 70.99% | 64.79% | 59.09% |
Operating Expenses | $108.3M | $110.8M | $447.1M |
YoY Change | -5.68% | 2.9% | -2.52% |
Operating Profit | $22.83M | $35.81M | $202.8M |
YoY Change | 54.37% | -33.72% | 14.62% |
Interest Expense | $91.41M | -$80.88M | $336.3M |
YoY Change | 12.05% | -8.18% | -1.6% |
% of Operating Profit | 400.45% | -225.87% | 165.82% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$72.04M | -$41.50M | -$29.90M |
YoY Change | -372.96% | 30.74% | -77.93% |
Income Tax | $1.007M | -$723.0K | -$1.498M |
% Of Pretax Income | |||
Net Earnings | -$78.38M | -$43.32M | -$32.78M |
YoY Change | -402.05% | 37.93% | -75.24% |
Net Earnings / Revenue | -17.97% | -9.76% | -1.75% |
Basic Earnings Per Share | -$0.48 | -$0.20 | |
Diluted Earnings Per Share | -$0.48 | -$0.26 | -$0.20 |
COMMON SHARES | |||
Basic Shares Outstanding | 165.8M shares | 165.8M shares | 165.0M shares |
Diluted Shares Outstanding | 165.2M shares | 165.0M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $71.29M | $180.1M | $180.1M |
YoY Change | -60.53% | 369.44% | 369.44% |
Cash & Equivalents | $71.29M | $180.1M | $180.1M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $21.40M | $6.376M | $6.376M |
Other Receivables | $64.15M | $56.83M | $56.83M |
Total Short-Term Assets | $156.8M | $243.3M | $243.3M |
YoY Change | -40.22% | 130.32% | 130.32% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.577B | $6.605B | $6.762B |
YoY Change | 0.93% | 0.21% | 2.59% |
Goodwill | |||
YoY Change | |||
Intangibles | $130.6M | ||
YoY Change | -48.24% | ||
Long-Term Investments | $111.0M | $113.3M | $113.3M |
YoY Change | 2.62% | 0.61% | -31.61% |
Other Assets | $24.74M | $28.21M | $28.21M |
YoY Change | 48.39% | -78.12% | -78.12% |
Total Long-Term Assets | $7.075B | $7.113B | $7.113B |
YoY Change | -2.01% | -3.65% | -3.65% |
TOTAL ASSETS | |||
Total Short-Term Assets | $156.8M | $243.3M | $243.3M |
Total Long-Term Assets | $7.075B | $7.113B | $7.113B |
Total Assets | $7.232B | $7.356B | $7.356B |
YoY Change | -3.35% | -1.76% | -1.76% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $590.7M | $609.8M | $451.9M |
YoY Change | 51.48% | 37.37% | 2.03% |
Accrued Expenses | $157.1M | ||
YoY Change | -11.36% | ||
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 | $590.7M | $609.8M | $609.0M |
YoY Change | 51.48% | 37.37% | 37.5% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.526B | $5.520B | $5.520B |
YoY Change | -3.22% | -2.39% | -2.39% |
Other Long-Term Liabilities | $753.0K | ||
YoY Change | -21.4% | ||
Total Long-Term Liabilities | $5.526B | $5.520B | $5.521B |
YoY Change | -3.22% | -2.39% | -2.4% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $590.7M | $609.8M | $609.0M |
Total Long-Term Liabilities | $5.526B | $5.520B | $5.521B |
Total Liabilities | $6.117B | $6.130B | $6.130B |
YoY Change | 0.27% | 0.5% | 0.5% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.392B | $2.471B | |
YoY Change | -5.42% | -1.31% | |
Common Stock | $1.658M | $1.658M | |
YoY Change | 0.18% | 0.18% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.115B | $1.226B | $1.226B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.232B | $7.356B | $7.356B |
YoY Change | -3.35% | -1.76% | -1.76% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$78.38M | -$43.32M | -$32.78M |
YoY Change | -402.05% | 37.93% | -75.24% |
Depreciation, Depletion And Amortization | $93.11M | $94.95M | $384.1M |
YoY Change | -6.93% | -0.01% | -4.25% |
Cash From Operating Activities | -$926.0K | $83.59M | $485.5M |
YoY Change | -107.48% | -12.94% | 99.71% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $76.26M | $82.13M | $366.8M |
YoY Change | 167.1% | 135.63% | 244.66% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.432M | $1.589M | $337.2M |
YoY Change | -99.0% | -95.48% | -33.05% |
Cash From Investing Activities | -$74.83M | -$80.54M | -$29.58M |
YoY Change | -165.49% | -29602.93% | -107.45% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $802.0K | ||
YoY Change | 70.64% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$34.75M | -240.7M | -$303.6M |
YoY Change | -246.06% | 86.62% | -80.32% |
NET CHANGE | |||
Cash From Operating Activities | -$926.0K | 83.59M | $485.5M |
Cash From Investing Activities | -$74.83M | -80.54M | -$29.58M |
Cash From Financing Activities | -$34.75M | -240.7M | -$303.6M |
Net Change In Cash | -$110.5M | -237.7M | $152.4M |
YoY Change | -173.47% | 626.53% | -116.9% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$926.0K | $83.59M | $485.5M |
Capital Expenditures | $76.26M | $82.13M | $366.8M |
Free Cash Flow | -$77.19M | $1.459M | $118.8M |
YoY Change | 377.11% | -97.61% | -13.11% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.20 | |
CY2022 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-3841000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-60182000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
144079000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-11512000 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
439000 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
164738000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
164566000 | shares |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000945394 | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | us-gaap |
Revenue From Contract With Customer Product And Service Extensible List
RevenueFromContractWithCustomerProductAndServiceExtensibleList
|
http://fasb.org/srt/2023#HotelMember | |
CY2023 | us-gaap |
Revenue From Contract With Customer Product And Service Extensible List
RevenueFromContractWithCustomerProductAndServiceExtensibleList
|
http://fasb.org/srt/2023#HotelMember | |
CY2021 | us-gaap |
Revenue From Contract With Customer Product And Service Extensible List
RevenueFromContractWithCustomerProductAndServiceExtensibleList
|
http://fasb.org/srt/2023#HotelMember | |
CY2022 | us-gaap |
Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
|
http://fasb.org/srt/2023#HotelMember | |
CY2023 | us-gaap |
Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
|
http://fasb.org/srt/2023#HotelMember | |
CY2021 | us-gaap |
Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
|
http://fasb.org/srt/2023#HotelMember | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#OtherAssets | |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#OtherAssets | |
CY2022Q4 | us-gaap |
Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#OtherLiabilities | |
CY2023Q4 | us-gaap |
Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#OtherLiabilities | |
CY2023 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2023 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-12-31 | |
CY2023 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2023 | dei |
Entity File Number
EntityFileNumber
|
1-11527 | |
CY2023 | dei |
Entity Registrant Name
EntityRegistrantName
|
SERVICE PROPERTIES TRUST | |
CY2023Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
10500000 | usd |
CY2022Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
121905000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
180119000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
180119000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
38369000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
17711000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
17711000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
7051000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
113304000 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
112617000 | usd |
CY2023Q4 | us-gaap |
Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
|
53055000 | usd |
CY2023 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
MD | |
CY2023 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
04-3262075 | |
CY2023 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
Two Newton Place | |
CY2023 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
255 Washington Street | |
CY2023 | dei |
Entity Address Address Line3
EntityAddressAddressLine3
|
Suite 300 | |
CY2023 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Newton | |
CY2023 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MA | |
CY2023 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
02458-1634 | |
CY2023 | dei |
City Area Code
CityAreaCode
|
617 | |
CY2023 | dei |
Local Phone Number
LocalPhoneNumber
|
964-8389 | |
CY2023 | dei |
Security12b Title
Security12bTitle
|
Common Shares of Beneficial Interest | |
CY2023 | dei |
Trading Symbol
TradingSymbol
|
SVC | |
CY2023 | dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | |
CY2023 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
CY2023 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2023 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2023 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2023 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2023 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
CY2023 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2023 | dei |
Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
|
true | |
CY2023 | dei |
Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
|
false | |
CY2023 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2023Q2 | dei |
Entity Public Float
EntityPublicFloat
|
1400000000 | usd |
CY2024Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
165768058 | shares |
CY2023Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023 | dei |
Auditor Firm
AuditorFirmId
|
34 | |
CY2023 | dei |
Auditor Name
AuditorName
|
Deloitte & Touche LLP | |
CY2023 | dei |
Auditor Location
AuditorLocation
|
Boston, Massachusetts | |
CY2023 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-12-31 | |
CY2023 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-12-31 | |
CY2023 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-12-31 | |
CY2023 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023Q4 | us-gaap |
Land
Land
|
1972145000 | usd |
CY2022Q4 | us-gaap |
Land
Land
|
1902587000 | usd |
CY2023Q4 | svc |
Investment Building Improvements And Equipment
InvestmentBuildingImprovementsAndEquipment
|
7814192000 | usd |
CY2022Q4 | svc |
Investment Building Improvements And Equipment
InvestmentBuildingImprovementsAndEquipment
|
7658282000 | usd |
CY2023Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9786337000 | usd |
CY2022Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9560869000 | usd |
CY2023Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
3181797000 | usd |
CY2022Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
2970133000 | usd |
CY2023Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
6604540000 | usd |
CY2022Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
6590736000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
130622000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
252357000 | usd |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
6376000 | usd |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
35033000 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
292944000 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
277068000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
7356116000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
7488191000 | usd |
CY2023Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | usd |
CY2022Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | usd |
CY2023Q4 | us-gaap |
Secured Debt
SecuredDebt
|
558876000 | usd |
CY2022Q4 | us-gaap |
Secured Debt
SecuredDebt
|
0 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
6129983000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
6099399000 | usd |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
165769595 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
165769595 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
165452566 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
165452566 | shares |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1658000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1655000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
4557473000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
4554861000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
2318000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
2383000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2470500000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2503279000 | usd |
CY2023Q4 | svc |
Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
|
5805816000 | usd |
CY2022Q4 | svc |
Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
|
5673386000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1226133000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1388792000 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7356116000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7488191000 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1478034000 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1467344000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1104678000 | usd |
CY2023 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
395829000 | usd |
CY2022 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
395667000 | usd |
CY2021 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
390902000 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
1873863000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
1863011000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
1495580000 | usd |
CY2023 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
1223906000 | usd |
CY2022 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
1227357000 | usd |
CY2021 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
1010737000 | usd |
CY2023 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
17663000 | usd |
CY2022 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
13176000 | usd |
CY2021 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
15658000 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
384060000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
401108000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
485965000 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
45397000 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
44404000 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
53439000 | usd |
CY2023 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
-1623000 | usd |
CY2022 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1920000 | usd |
CY2021 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
64764000 | usd |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
9544000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10989000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10989000 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
78620000 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
78620000 | usd |
CY2023 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1678947000 | usd |
CY2022 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1698954000 | usd |
CY2021 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1709183000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
43239000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
47818000 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
11522000 | usd |
CY2023 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
48837000 | usd |
CY2022 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-8104000 | usd |
CY2021 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
22535000 | usd |
CY2023 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
20979000 | usd |
CY2022 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
3379000 | usd |
CY2021 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
664000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
25710000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
19375000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
21036000 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
336342000 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
341795000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
365721000 | usd |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1524000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-791000 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-29895000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-135436000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-544603000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1498000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-199000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-941000 | usd |
CY2023 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4382000 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2856000 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-941000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32779000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-132381000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-544603000 | usd |
CY2023 | us-gaap |
Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
|
-65000 | usd |
CY2022 | us-gaap |
Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
|
1604000 | usd |
CY2021 | us-gaap |
Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
|
1539000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1604000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1539000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-543064000 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
164988000 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2102790000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-544603000 | usd |
CY2021 | us-gaap |
Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
|
1539000 | usd |
CY2021 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
2967000 | usd |
CY2021 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
790000 | usd |
CY2021 | svc |
Stock Forfeited During Period Values
StockForfeitedDuringPeriodValues
|
1000 | usd |
CY2021 | us-gaap |
Dividends
Dividends
|
6596000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1555306000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-132381000 | usd |
CY2022 | us-gaap |
Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
|
1604000 | usd |
CY2022 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
2788000 | usd |
CY2022 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
470000 | usd |
CY2022 | svc |
Stock Forfeited During Period Values
StockForfeitedDuringPeriodValues
|
11000 | usd |
CY2022 | us-gaap |
Dividends
Dividends
|
38044000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1388792000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32779000 | usd |
CY2023 | us-gaap |
Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
|
-65000 | usd |
CY2023 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
802000 | usd |
CY2023 | svc |
Stock Forfeited During Period Values
StockForfeitedDuringPeriodValues
|
65000 | usd |
CY2023 | us-gaap |
Dividends
Dividends
|
132430000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1226133000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-132381000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-544603000 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
384060000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
401108000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
485965000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
25710000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
19375000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
21036000 | usd |
CY2023 | us-gaap |
Straight Line Rent
StraightLineRent
|
13165000 | usd |
CY2022 | us-gaap |
Straight Line Rent
StraightLineRent
|
-7767000 | usd |
CY2021 | us-gaap |
Straight Line Rent
StraightLineRent
|
-2621000 | usd |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1524000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-791000 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
9544000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10989000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10989000 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
78620000 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
78620000 | usd |
CY2023 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
48837000 | usd |
CY2022 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-8104000 | usd |
CY2021 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
22535000 | usd |
CY2023 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4382000 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2856000 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-941000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
43239000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
47818000 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
11522000 | usd |
CY2023 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-1291000 | usd |
CY2022 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-1091000 | usd |
CY2021 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-1688000 | usd |
CY2023 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1706000 | usd |
CY2022 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2427000 | usd |
CY2021 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2625000 | usd |
CY2023 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-21135000 | usd |
CY2022 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
8000 | usd |
CY2021 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
5875000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-35693000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-5061000 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
-10755000 | usd |
CY2021 | us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
-5552000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
485549000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
243127000 | usd |
CY2023 | svc |
Payments To Acquire Real Estate Net Of Deposits
PaymentsToAcquireRealEstateNetOfDeposits
|
165866000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
0 | usd |
CY2023 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
200894000 | usd |
CY2022 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
103646000 | usd |
CY2021 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
95017000 | usd |
CY2023 | svc |
Property Managers Purchases With Restricted Cash
PropertyManagersPurchasesWithRestrictedCash
|
5407000 | usd |
CY2022 | svc |
Property Managers Purchases With Restricted Cash
PropertyManagersPurchasesWithRestrictedCash
|
4952000 | usd |
CY2021 | svc |
Property Managers Purchases With Restricted Cash
PropertyManagersPurchasesWithRestrictedCash
|
24565000 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
156432000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
554087000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
51412000 | usd |
CY2023 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
5134000 | usd |
CY2022 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
45470000 | usd |
CY2021 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
25443000 | usd |
CY2023 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
12000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-29577000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
397253000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-101310000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
576946000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | usd |
CY2023 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1631000 | usd |
CY2022 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
0 | usd |
CY2021 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
985900000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
0 | usd |
CY2023 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
1675000000 | usd |
CY2022 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
500000000 | usd |
CY2021 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
20000000 | usd |
CY2021 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
984027000 | usd |
CY2023 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1020000000 | usd |
CY2021 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
62451000 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
56545000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
3864000 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
6822000 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
802000 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
470000 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
790000 | usd |
CY2023 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
132430000 | usd |
CY2022 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
38044000 | usd |
CY2021 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
6596000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-303562000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1542378000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
907368000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
152410000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-901998000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
855962000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
45420000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
947418000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
91456000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
197830000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
45420000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
947418000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
180119000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
180119000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
38369000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
944043000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
17711000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
17711000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
7051000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
3375000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
197830000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
45420000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
947418000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
314323000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
334264000 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
344043000 | usd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1365000 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1643000 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
3412000 | usd |
CY2023 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
47868000 | usd |
CY2022 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
18704000 | usd |
CY2021 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
7777000 | usd |
CY2023Q4 | svc |
Ownership Percentage Held In Subsidiary
OwnershipPercentageHeldInSubsidiary
|
1 | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of financial statements in conformity with U.S. generally accepted accounting principles, or 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 credit losses, purchase price allocations, useful lives of fixed assets and impairment of real estate and related intangibles.</span></div> | |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
9544000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10989000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10989000 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
78620000 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
78620000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
130622000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
252357000 | usd |
CY2023Q4 | svc |
Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
|
753000 | usd |
CY2022Q4 | svc |
Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
|
958000 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
32223000 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
30775000 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
41648000 | usd |
CY2023 | svc |
Finite Lived Intangible Liabilities Amortization Expense
FiniteLivedIntangibleLiabilitiesAmortizationExpense
|
205000 | usd |
CY2022 | svc |
Finite Lived Intangible Liabilities Amortization Expense
FiniteLivedIntangibleLiabilitiesAmortizationExpense
|
235000 | usd |
CY2021 | svc |
Finite Lived Intangible Liabilities Amortization Expense
FiniteLivedIntangibleLiabilitiesAmortizationExpense
|
433000 | usd |
CY2023Q4 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
|
12379000 | usd |
CY2022Q4 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
|
6214000 | usd |
CY2023Q4 | us-gaap |
Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
|
1502000 | usd |
CY2022Q4 | us-gaap |
Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
|
3925000 | usd |
CY2023Q4 | svc |
Future Amortization Of Debt Issuance Costs Year One
FutureAmortizationOfDebtIssuanceCostsYearOne
|
16628000 | usd |
CY2023Q4 | svc |
Future Amortization Of Debt Issuance Costs Year Two
FutureAmortizationOfDebtIssuanceCostsYearTwo
|
15718000 | usd |
CY2023Q4 | svc |
Future Amortization Of Debt Issuance Costs Year Three
FutureAmortizationOfDebtIssuanceCostsYearThree
|
13607000 | usd |
CY2023Q4 | svc |
Future Amortization Of Debt Issuance Costs Year Four
FutureAmortizationOfDebtIssuanceCostsYearFour
|
11207000 | usd |
CY2023Q4 | svc |
Future Amortization Of Debt Issuance Costs Year Five
FutureAmortizationOfDebtIssuanceCostsYearFive
|
3850000 | usd |
CY2023Q4 | svc |
Future Amortization Of Debt Issuance Costs After Year Five
FutureAmortizationOfDebtIssuanceCostsAfterYearFive
|
7215000 | usd |
CY2023Q4 | svc |
Future Amortization Of Financing Costs
FutureAmortizationOfFinancingCosts
|
68225000 | usd |
CY2023 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
13165000 | usd |
CY2022 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
-7767000 | usd |
CY2021 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
-2621000 | usd |
CY2023Q4 | svc |
Straight Line Rent Receivables
StraightLineRentReceivables
|
56833000 | usd |
CY2022Q4 | svc |
Straight Line Rent Receivables
StraightLineRentReceivables
|
32247000 | usd |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2023Q4 | svc |
Real Estate Investment Property And Real Estate Held For Sale At Cost
RealEstateInvestmentPropertyAndRealEstateHeldForSaleAtCost
|
9799642000 | usd |
CY2023Q4 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
13305000 | usd |
CY2023Q4 | us-gaap |
Land
Land
|
1972145000 | usd |
CY2023Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
7443750000 | usd |
CY2023Q4 | svc |
Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
|
370442000 | usd |
CY2022Q4 | us-gaap |
Land
Land
|
1902587000 | usd |
CY2022Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
7271864000 | usd |
CY2022Q4 | svc |
Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
|
386418000 | usd |
CY2023 | svc |
Real Estate Investment Property Acquisition Related Costs
RealEstateInvestmentPropertyAcquisitionRelatedCosts
|
466000 | usd |
CY2022 | svc |
Real Estate Investment Property Acquisition Related Costs
RealEstateInvestmentPropertyAcquisitionRelatedCosts
|
51000 | usd |
CY2021 | svc |
Real Estate Investment Property Acquisition Related Costs
RealEstateInvestmentPropertyAcquisitionRelatedCosts
|
109000 | usd |
CY2023Q4 | svc |
Number Of Management Agreements Or Leases
NumberOfManagementAgreementsOrLeases
|
4 | agreement |
CY2023 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
48837000 | usd |
CY2022 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-8104000 | usd |
CY2023 | us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
4927000 | usd |
CY2022 | us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
-320000 | usd |
CY2021 | us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
-9000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
377775000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
377571000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
371649000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
367491000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
362288000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
1799925000 | usd |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
3656699000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
157127000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
157127000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
177264000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
177264000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
14003000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
14076000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
14198000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
14087000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
13891000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
216217000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
286472000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
129345000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
157127000 | usd |
CY2021 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
22535000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1895000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
1958000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
1151958000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
801958000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
851958000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
1000737000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
1825000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
5633569000 | usd |
CY2023 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
98571 | shares |
CY2023 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
8.14 | |
CY2023 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
802000 | usd |
CY2022 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
69867 | shares |
CY2022 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
6.72 | |
CY2022 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
470000 | usd |
CY2021 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
71100 | shares |
CY2021 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
11.11 | |
CY2021 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
790000 | usd |
CY2023 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.80 | |
CY2023 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
132430000 | usd |
CY2023 | svc |
Common Stock Dividends Paid As Percentage Of Ordinary Income
CommonStockDividendsPaidAsPercentageOfOrdinaryIncome
|
0.0930 | |
CY2023 | svc |
Common Stock Dividends Paid As Percentage Of Capital Gain
CommonStockDividendsPaidAsPercentageOfCapitalGain
|
0.8615 | |
CY2023 | svc |
Common Stock Dividends Paid As Percentage Of Return Of Capital
CommonStockDividendsPaidAsPercentageOfReturnOfCapital
|
0.0455 | |
CY2023 | svc |
Common Stock Dividends Paid As Percentage Of Qualified Dividend
CommonStockDividendsPaidAsPercentageOfQualifiedDividend
|
0.0625 | |
CY2022 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.23 | |
CY2022 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
38044000 | usd |
CY2022 | svc |
Common Stock Dividends Paid As Percentage Of Ordinary Income
CommonStockDividendsPaidAsPercentageOfOrdinaryIncome
|
0 | |
CY2022 | svc |
Common Stock Dividends Paid As Percentage Of Capital Gain
CommonStockDividendsPaidAsPercentageOfCapitalGain
|
0 | |
CY2022 | svc |
Common Stock Dividends Paid As Percentage Of Return Of Capital
CommonStockDividendsPaidAsPercentageOfReturnOfCapital
|
1.0000 | |
CY2022 | svc |
Common Stock Dividends Paid As Percentage Of Qualified Dividend
CommonStockDividendsPaidAsPercentageOfQualifiedDividend
|
0 | |
CY2021 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.04 | |
CY2021 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
6596000 | usd |
CY2021 | svc |
Common Stock Dividends Paid As Percentage Of Ordinary Income
CommonStockDividendsPaidAsPercentageOfOrdinaryIncome
|
0 | |
CY2021 | svc |
Common Stock Dividends Paid As Percentage Of Capital Gain
CommonStockDividendsPaidAsPercentageOfCapitalGain
|
0 | |
CY2021 | svc |
Common Stock Dividends Paid As Percentage Of Return Of Capital
CommonStockDividendsPaidAsPercentageOfReturnOfCapital
|
1.0000 | |
CY2021 | svc |
Common Stock Dividends Paid As Percentage Of Qualified Dividend
CommonStockDividendsPaidAsPercentageOfQualifiedDividend
|
0 | |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Note 8. Business and Property Management Agreements with RMR</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have no employees. The personnel and various services we require to operate our business are provided to us by RMR. We have two agreements with RMR 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 our net lease portfolio, the office building component of one of our hotels and major renovation or repositioning activities at our hotels that we may request RMR to manage from time to time. Effective as of the completion of the TA Merger, we and RMR agreed to include the properties we lease to TA in our property management agreement. See Note 9 for further information regarding our relationship, agreements and transactions with RMR.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Management Agreements with RMR. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our management agreements with RMR 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:</span></div><div style="margin-bottom:10pt;padding-left:40.5pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Base Management Fee.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The annual base management fee payable to RMR by us for each applicable period is equal to the lesser of:</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">the sum of (a) 0.7% of the average aggregate historical cost of our real estate investments up to $250,000, plus (b) 0.5% of the average aggregate historical cost of our real estate investments exceeding $250,000; and</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">the sum of (a) 0.7% 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 $250,000, plus (b) 0.5% of our Average Market Capitalization exceeding $250,000.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-bottom:10pt;padding-left:40.5pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Incentive Management Fee</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The incentive management fee which may be earned by RMR for an annual period is calculated as follows:</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">An amount, subject to a cap based on the value of our common shares outstanding, equal to 12% of the product of:</span></div><div style="margin-bottom:10pt;padding-left:81pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">our equity market capitalization on the last trading day of the year immediately prior to the relevant three year measurement period, and</span></div><div style="margin-bottom:10pt;padding-left:81pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">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 applicable market index, or the benchmark return per share, for the relevant measurement period. The MSCI U.S. REIT/Hotel & Resort REIT Index is the benchmark index for periods on and after August 1, 2021, and the SNL U.S. REIT Hotel Index is the benchmark index for periods prior to August 1, 2021.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 10 consecutive trading days having the highest average closing prices during the final 30 trading days in the last year of the measurement period.</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">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 we issue or repurchase our common shares, or if our common shares are forfeited, during the measurement period.</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">No incentive management fee is payable by us unless our total return per share during the measurement period is positive.</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">The measurement periods are three year periods ending with the year for which the incentive management fee is being calculated.</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">If our total return per share exceeds 12% per year in any measurement period, the benchmark return per share is adjusted to be the lesser of the total shareholder return of the applicable market index for such measurement period and 12% 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 200 basis points and 500 basis points below the applicable market index in any year, 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 500 basis points below the applicable market index in any year, determined on a cumulative basis (i.e., between 200 basis points and 500 basis points per year multiplied by the number of years in the measurement period and below the applicable market index).</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">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 1.5% of the number of our common shares then outstanding multiplied by the average closing price of our common shares during the 10 consecutive trading days having the highest average closing prices during the final 30 trading days of the relevant measurement period.</span></div><div style="margin-bottom:10pt;padding-left:63pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">◦</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.46pt">Incentive management fees we paid to RMR 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 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.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our business management agreement with RMR, we recognized net business management fees of $33,352, $35,495 and $42,137 for the years ended December 31, 2023, 2022 and 2021, respectively. The net business management fees we recognized are included in general and administrative expense in our consolidated statements of comprehensive income (loss) for these periods. The net business management fees we recognized reflect a reduction of $3,585, $3,585 and $3,584 for the years ended December 31, 2023, 2022 and 2021, respectively, for the amortization of the liability we recorded in connection with our former investment in RMR Inc.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Property Management and Construction Supervision Fees. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The property management fees payable to RMR by us for each applicable period are equal to 3.0% of gross collected rents and the construction supervision fees payable to RMR by us for each applicable period are equal to 5.0% of construction costs for our net lease portfolio, and the office building component of one of our hotels that are subject to our property management agreement with RMR. Effective as of the completion of the TA Merger, we and RMR agreed to include the properties we lease to TA in our property management agreement. The property management fees payable to RMR by us for the properties we lease to TA begin in 2024 and are equal to 1.0% of gross collected rents for the 2024 calendar year, 2.0% of gross collected rents for the 2025 calendar year and 3.0% of gross collected rents for the 2026 calendar year and thereafter. On June 22, 2021, we and RMR amended our property management agreement to, among other things, provide for RMR’s oversight of any major capital projects and repositioning activities at our hotels, including our hotels that are managed by Sonesta, as we may request from time to time. RMR will receive the same fee previously paid to Sonesta for these services, which is equal to 3% of the cost of any such major capital project or repositioning activity.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our property management agreement with RMR, we recognized aggregate property management and construction supervision fees of $8,368, $6,128 and $4,489 for the years ended December 31, 2023, 2022 and 2021, respectively. These amounts are included in net lease operating expenses or have been capitalized as appropriate in our consolidated financial statements. For the years ended December 31, 2023, 2022 and 2021, $3,702, $3,998 and $3,674, respectively, of property management fees were recognized as net lease operating expenses in our consolidated statements of comprehensive income (loss) and $4,666, $2,130 and $815, respectively, were capitalized as building improvements in our consolidated balance sheets and are being depreciated over the estimated useful lives of the related capital assets.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Expense Reimbursement. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are generally responsible for all of our operating expenses, including certain expenses incurred or arranged by RMR on our behalf. We are generally not responsible for payment of RMR’s employment, office or administrative expenses incurred to provide management services to us, except for the employment and related expenses of RMR employees assigned to work exclusively or partly at our net lease properties and the office building component of one of our hotels, our share of the wages, benefits and other related costs of RMR’s centralized accounting personnel, our share of RMR’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. We reimbursed RMR $4,648, $3,258 and $2,971 for these expenses and costs for the years ended December 31, 2023, 2022 and 2021, respectively. We included these amounts in net lease operating expenses and general and administrative expense, as applicable, for these periods.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Term. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our management agreements with RMR have terms that end on December 31, 2043, 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.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Termination Rights</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We have the right to terminate one or both of our management agreements with RMR: (i) at any time on 60 days’ written notice for convenience, (ii) immediately on written notice for cause, as defined therein, (iii) on written notice given within 60 days after the end of an applicable calendar year for a performance reason, as defined therein, and (iv) by written notice during the 12 months following a change of control of RMR, as defined therein. RMR has the right to terminate the management agreements for good reason, as defined therein.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Termination Fee</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. If we terminate one or both of our management agreements with RMR for convenience, or if RMR terminates one or both of our management agreements for good reason, we have agreed to pay RMR 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 19 and 20 years. If we terminate one or both of our management agreements with RMR for a performance reason, we have agreed to pay RMR the termination fee calculated as described above, but assuming a 10 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 for cause or as a result of a change of control of RMR.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Transition Services.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> RMR has agreed to provide certain transition services to us for 120 days following an applicable termination by us or notice of termination by RMR, 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.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Vendors. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to our management agreements with RMR, RMR 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 and other companies to which RMR or its subsidiaries provides management services for the purpose of obtaining more favorable terms from such vendors and suppliers.</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Investment Opportunities</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Under our business management agreement with RMR, we acknowledge that RMR 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.</span></div> | |
CY2023Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
0 | employee |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
-106000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
385000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
680000 | usd |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
503000 | usd |
CY2022 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
233000 | usd |
CY2021 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
350000 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
397000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
618000 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
1030000 | usd |
CY2023 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-1895000 | usd |
CY2022 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-817000 | usd |
CY2021 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-1971000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
16132000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
18026000 | usd |
CY2023Q4 | svc |
Deferred Tax Liabilities Litigation Settlement
DeferredTaxLiabilitiesLitigationSettlement
|
8162000 | usd |
CY2022Q4 | svc |
Deferred Tax Liabilities Litigation Settlement
DeferredTaxLiabilitiesLitigationSettlement
|
13658000 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
514568000 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
545828000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-817000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1971000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1498000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-199000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-941000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.210 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.210 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.003 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.003 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.001 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.069 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.004 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.003 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
|
0.110 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
|
0.000 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
|
0.000 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.044 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.001 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.002 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
112532000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
109650000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
7973000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
7134000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
120505000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
116784000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
120505000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
116784000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
7970000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
5947000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
|
8162000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
|
12079000 | usd |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1478034000 | usd |
CY2023 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
395829000 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
1873863000 | usd |
CY2023 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
1223906000 | usd |
CY2023 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
17663000 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
384060000 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
45397000 | usd |
CY2023 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
-1623000 | usd |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
9544000 | usd |
CY2023 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1678947000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
43239000 | usd |
CY2023 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
48837000 | usd |
CY2023 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
20979000 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
336342000 | usd |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1524000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-29895000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1498000 | usd |
CY2023 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4382000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32779000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
7356116000 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1467344000 | usd |
CY2022 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
395667000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
1863011000 | usd |
CY2022 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
1227357000 | usd |
CY2022 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
13176000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
401108000 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
44404000 | usd |
CY2022 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1920000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10989000 | usd |
CY2022 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1698954000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
47818000 | usd |
CY2022 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-8104000 | usd |
CY2022 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
3379000 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
341795000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-791000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-135436000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-199000 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2856000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-132381000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
7488191000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1104678000 | usd |
CY2021 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
390902000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
1495580000 | usd |
CY2021 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
1010737000 | usd |
CY2021 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
15658000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
485965000 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
53439000 | usd |
CY2021 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
64764000 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
78620000 | usd |
CY2021 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1709183000 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
11522000 | usd |
CY2021 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
22535000 | usd |
CY2021 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
664000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
365721000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-544603000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-941000 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-941000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-544603000 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
9153315000 | usd |
CY2023Q4 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
973 | property |
CY2023Q4 | srt |
Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
|
609000000 | usd |
CY2023Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
|
1976000000 | usd |
CY2023Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
|
5999000000 | usd |
CY2023Q4 | us-gaap |
Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
|
2447000000 | usd |
CY2023 | svc |
Property Plant Equipment Impairment Charges
PropertyPlantEquipmentImpairmentCharges
|
135000000 | usd |
CY2023 | svc |
Real Estate Cost Basis Adjustment
RealEstateCostBasisAdjustment
|
859000000 | usd |
CY2023Q4 | us-gaap |
Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
|
1976000000 | usd |
CY2023Q4 | us-gaap |
Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
|
7452000000 | usd |
CY2023Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
9428000000 | usd |
CY2023Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
2954000000 | usd |
CY2023Q4 | svc |
Furniture Fixtures And Equipment
FurnitureFixturesAndEquipment
|
370000000 | usd |
CY2022Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
9174451000 | usd |
CY2021Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
9790010000 | usd |
CY2020Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
10630560000 | usd |
CY2023 | svc |
Real Estate Acquisitions And Capital Expenditures
RealEstateAcquisitionsAndCapitalExpenditures
|
363601000 | usd |
CY2022 | svc |
Real Estate Acquisitions And Capital Expenditures
RealEstateAcquisitionsAndCapitalExpenditures
|
106588000 | usd |
CY2021 | svc |
Real Estate Acquisitions And Capital Expenditures
RealEstateAcquisitionsAndCapitalExpenditures
|
86016000 | usd |
CY2023 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
110535000 | usd |
CY2022 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
624057000 | usd |
CY2021 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
330091000 | usd |
CY2023 | svc |
Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale
|
11621000 | usd |
CY2022 | svc |
Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale
|
98090000 | usd |
CY2021 | svc |
Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclassifications Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclassificationsOfPropertiesHeldForSale
|
596475000 | usd |
CY2022Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
2749862000 | usd |
CY2021Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
3069348000 | usd |
CY2020Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
3047016000 | usd |
CY2023 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
207641000 | usd |
CY2022 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
309606000 | usd |
CY2021 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
298597000 | usd |
CY2023 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
4747000 | usd |
CY2022 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
618132000 | usd |
CY2021 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
153699000 | usd |
CY2023 | svc |
Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale
|
2071000 | usd |
CY2022 | svc |
Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale
|
10960000 | usd |
CY2021 | svc |
Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Reclassification Of Properties Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationReclassificationOfPropertiesHeldForSale
|
122566000 | usd |
CY2023Q4 | srt |
Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
|
6838701000 | usd |