XML 81 R68.htm IDEA: XBRL DOCUMENT v3.22.4
FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS (Fair Value Of Interest Rate Swaps And Caps) (Details) - USD ($)
$ in Thousands
Aug. 26, 2022
Dec. 31, 2022
Dec. 31, 2021
Derivatives, Fair Value      
Estimated Fair Value   $ 18,709 $ (7,942)
Interest Rate Swap | Credit Facility September 3, 2019      
Derivatives, Fair Value      
Strike Rate   1.824%  
Notional Amount   $ 103,500  
Estimated Fair Value   $ 0 (970)
Interest Rate Swap | Credit Facility September 3, 2019 | 1 Month LIBOR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.20%  
Interest Rate Swap | Credit Facility September 3, 2019      
Derivatives, Fair Value      
Strike Rate   1.824%  
Notional Amount   $ 103,500  
Estimated Fair Value   $ 0 (970)
Interest Rate Swap | Credit Facility September 3, 2019 | 1 Month LIBOR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.20%  
Interest Rate Swap | Credit Facility August 30, 2022      
Derivatives, Fair Value      
Derivative, terminated amount $ 30    
Interest Rate Swap | Credit Facility September 10, 2019      
Derivatives, Fair Value      
Strike Rate   1.46%  
Notional Amount   $ 300,000  
Estimated Fair Value   $ 0 (3,729)
Interest Rate Swap | Credit Facility September 10, 2019 | 1 Month LIBOR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.00%  
Interest Rate Swap | Credit Facility August 30, 2022      
Derivatives, Fair Value      
Strike Rate   1.341%  
Notional Amount   $ 270,000  
Estimated Fair Value   $ 14,123 0
Interest Rate Swap | Credit Facility August 30, 2022 | 1 Month SOFR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.50%  
Interest Rate Swap | Credit Facility September 6, 2022      
Derivatives, Fair Value      
Strike Rate   1.279%  
Notional Amount   $ 30,000  
Estimated Fair Value   $ 1,533 0
Interest Rate Swap | Credit Facility September 6, 2022 | 1 Month SOFR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.50%  
Interest Rate Swap | Hyatt, Union Square, New York, NY      
Derivatives, Fair Value      
Strike Rate   1.87%  
Notional Amount   $ 56,000  
Estimated Fair Value   $ 699 (987)
Interest Rate Swap | Hyatt, Union Square, New York, NY | 1 Month LIBOR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.30%  
Interest Rate Swap | Hilton Garden Inn Tribeca, New York, NY      
Derivatives, Fair Value      
Strike Rate   1.768%  
Notional Amount   $ 22,725  
Estimated Fair Value   $ 1,007 (460)
Interest Rate Swap | Hilton Garden Inn Tribeca, New York, NY | 1 Month LIBOR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.25%  
Interest Rate Swap | Hilton Garden Inn Tribeca, New York, NY      
Derivatives, Fair Value      
Strike Rate   1.768%  
Notional Amount   $ 22,725  
Estimated Fair Value   $ 1,007 (460)
Interest Rate Swap | Hilton Garden Inn Tribeca, New York, NY | 1 Month LIBOR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.25%  
Interest Rate Cap | Hilton Garden Inn 52nd Street, New York, NY      
Derivatives, Fair Value      
Strike Rate   4.00%  
Notional Amount   $ 44,325  
Estimated Fair Value   $ 340 0
Interest Rate Cap | Courtyard, LA Westside, Culver City, CA      
Derivatives, Fair Value      
Strike Rate   2.50%  
Notional Amount   $ 35,000  
Estimated Fair Value   $ 0 92
Interest Rate Swap | Hilton Garden Inn 52nd Street, New York, NY      
Derivatives, Fair Value      
Strike Rate   1.54%  
Notional Amount   $ 44,325  
Estimated Fair Value   $ 0 $ (458)
Interest Rate Swap | Hilton Garden Inn 52nd Street, New York, NY | 1 Month LIBOR      
Derivatives, Fair Value      
Index: Basis spread on variable rate basis (percent)   2.30%