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FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS (Fair Value Of Interest Rate Swaps And Caps) (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Derivatives, Fair Value    
Estimated Fair Value $ (14,716) $ (26,259)
Interest Rate Swap | Credit Facility October 3, 2019    
Derivatives, Fair Value    
Strike Rate 1.341%  
Notional Amount $ 150,000  
Estimated Fair Value $ 0 (1,070)
Interest Rate Swap | Credit Facility October 3, 2019 | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.20%  
Interest Rate Swap II | Credit Facility September 3, 2019    
Derivatives, Fair Value    
Strike Rate 1.316%  
Notional Amount $ 43,900  
Estimated Fair Value $ 0 (307)
Interest Rate Swap II | Credit Facility September 3, 2019 | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.20%  
Interest Rate Swap III | Credit Facility September 3, 2019    
Derivatives, Fair Value    
Strike Rate 1.824%  
Notional Amount $ 103,500  
Estimated Fair Value $ (1,527) (2,793)
Interest Rate Swap III | Credit Facility September 3, 2019 | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.20%  
Interest Rate Swap IV | Credit Facility September 3, 2019    
Derivatives, Fair Value    
Strike Rate 1.824%  
Notional Amount $ 103,500  
Estimated Fair Value $ (1,527) (2,793)
Interest Rate Swap IV | Credit Facility September 3, 2019 | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.20%  
Interest Rate Swap V | Credit Facility September 10, 2019    
Derivatives, Fair Value    
Strike Rate 1.46%  
Notional Amount $ 300,000  
Estimated Fair Value $ (7,896) (13,286)
Interest Rate Swap V | Credit Facility September 10, 2019 | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.00%  
Interest Rate Cap | Annapolis Waterfront Hotel, MD    
Derivatives, Fair Value    
Strike Rate 3.35%  
Notional Amount $ 28,000  
Estimated Fair Value $ 0 0
Interest Rate Cap | Annapolis Waterfront Hotel, MD | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.65%  
Interest Rate Cap | Courtyard, LA Westside, Culver City, CA    
Derivatives, Fair Value    
Strike Rate 2.50%  
Notional Amount $ 35,000  
Estimated Fair Value $ 55 0
Interest Rate Swap VII | Hyatt, Union Square, New York, NY    
Derivatives, Fair Value    
Strike Rate 1.87%  
Notional Amount $ 56,000  
Estimated Fair Value $ (1,523) (2,305)
Interest Rate Swap VII | Hyatt, Union Square, New York, NY | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.30%  
Interest Rate Swap VIII | Hilton Garden Inn Tribeca, New York, NY    
Derivatives, Fair Value    
Strike Rate 1.768%  
Notional Amount $ 22,725  
Estimated Fair Value $ (785) (1,222)
Interest Rate Swap VIII | Hilton Garden Inn Tribeca, New York, NY | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.25%  
Interest Rate Swap IX | Hilton Garden Inn Tribeca, New York, NY    
Derivatives, Fair Value    
Strike Rate 1.768%  
Notional Amount $ 22,725  
Estimated Fair Value $ (785) (1,222)
Interest Rate Swap IX | Hilton Garden Inn Tribeca, New York, NY | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.25%  
Interest Rate Swap X | Hilton Garden Inn 52nd Street, New York, NY    
Derivatives, Fair Value    
Strike Rate 1.54%  
Notional Amount $ 44,325  
Estimated Fair Value $ (728) (1,186)
Interest Rate Swap X | Hilton Garden Inn 52nd Street, New York, NY | 1 Month LIBOR    
Derivatives, Fair Value    
Index 2.30%  
Interest Rate Swap XI | Courtyard, LA Westside, Culver City, CA    
Derivatives, Fair Value    
Strike Rate 0.495%  
Notional Amount $ 35,000  
Estimated Fair Value $ 0 $ (75)
Interest Rate Swap XI | Courtyard, LA Westside, Culver City, CA | 1 Month LIBOR    
Derivatives, Fair Value    
Index 3.75%