| In millions, except per share items | Jun-30-23 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 | Dec-31-20 |
| | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
| Operating activities: | | | | | | | | |
| Net income (loss) | 46.2 | 28.8 | -100.2 | -42.8 | -23.5 | 1.4 | -121.4 | -173.2 |
| Adjustments to reconcile net income (loss) to net cash from (used in) operating activities: | | | | | | | | |
| Depreciation and amortization | | 60.3 | 59.1 | 58.6 | 55.5 | | 55.4 | 56.5 |
| Share-based compensation | | 2.6 | 2.4 | 3.1 | 3.1 | | 2.2 | 1.7 |
| Amortization of deferred financing costs, non-cash interest and other amortization | | 3.4 | 3.5 | | | | 4.7 | |
| Gain on sale of hotel properties | -23.6 | | | | -0.2 | -64.6 | | |
| Impairment | | 12.3 | 61.0 | | | | 14.9 | 54.0 |
| Non-cash ground rent | | 2.5 | 2.5 | 2.5 | 1.5 | | 1.5 | 1.5 |
| Other adjustments | | -1.0 | -1.9 | -1.7 | -0.2 | | 0.1 | 0.6 |
| Changes in assets and liabilities: | | | | | | | | |
| Hotel receivables | | -16.4 | -2.7 | -5.9 | -4.0 | | -6.8 | 1.3 |
| Prepaid expenses and other assets | | -10.2 | -2.1 | 0.1 | -7.9 | | 1.7 | 7.3 |
| Accounts payable and accrued expenses | | 27.6 | 7.1 | -5.9 | 18.9 | | 35.1 | -12.8 |
| Deferred revenues | | -6.1 | 10.2 | 14.5 | -0.3 | | 5.5 | 2.1 |
| Net cash provided by (used in) operating activities | 22.6 | 103.8 | 38.8 | 26.5 | 46.5 | -63.1 | -7.1 | -54.9 |
| |
| Investing activities: | | | | | | | | |
| Proceeds from sales of hotel properties | | 73.0 | | | 83.9 | | | |
| Property insurance proceeds | | | | | | | | |
| Net cash provided by (used in) investing activities | | -196.7 | -20.0 | -92.6 | -116.7 | | -9.7 | -14.6 |
| |
| Financing activities: | | | | | | | | |
| Payment of offering costs — common and preferred shares | | -0.1 | | -0.1 | -8.2 | | 0.0 | 0.0 |
| Payment of deferred financing costs | | -0.1 | 0.0 | -4.4 | -0.5 | | -9.6 | -12.8 |
| Borrowings under revolving credit facilities | | 180.0 | | | | | | |
| Repayments under revolving credit facilities | | -80.0 | | | | | -40.0 | -250.0 |
| Repayments of debt | | -26.8 | -0.3 | -4.2 | -388.0 | | -177.0 | -200.0 |
| Repurchases of common shares | | | -1.1 | | | | -0.7 | |
| Distributions — common shares/units | | -1.3 | -1.3 | -1.3 | -1.3 | | -1.3 | -1.3 |
| Distributions — preferred shares/units | | -11.3 | -11.3 | -13.4 | -9.8 | | -8.1 | -8.1 |
| Repayments of refundable membership deposits | | -0.6 | -1.0 | -0.9 | -0.4 | | -0.9 | -0.7 |
| Net cash provided by (used in) financing activities | | 59.8 | -15.2 | -24.3 | -70.2 | | 5.1 | -11.2 |
| Net change in cash and cash equivalents and restricted cash | | -33.2 | 3.7 | -90.4 | -140.3 | | -11.7 | -80.7 |