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SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION (Real Estate and Accumulated Depreciation) (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Real Estate and Accumulated Depreciation        
Encumbrances $ (208,880)      
Initial Costs        
Land 390,532      
Buildings & Improvements 909,829      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 183,746      
Gross Amounts at Close of Period        
Land 390,532      
Buildings & Improvements 1,093,575      
Total 1,484,107 $ 2,039,180 $ 2,220,936 $ 2,228,864
Accumulated Depreciation (320,420) $ (406,710) $ (396,016) $ (340,499)
Net Book Value 1,163,687      
Annapolis Waterfront Hotel, Annapolis, MD | Hotel        
Real Estate and Accumulated Depreciation        
Encumbrances (26,444)      
Initial Costs        
Land 0      
Buildings & Improvements 43,251      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 4,434      
Gross Amounts at Close of Period        
Land 0      
Buildings & Improvements 47,685      
Total 47,685      
Accumulated Depreciation (6,824)      
Net Book Value 40,861      
Hilton Garden Inn JFK, JFK Airport, NY | Hotel        
Initial Costs        
Land 0      
Buildings & Improvements 25,018      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 4,326      
Gross Amounts at Close of Period        
Land 0      
Buildings & Improvements 29,344      
Total 29,344      
Accumulated Depreciation (14,002)      
Net Book Value 15,342      
Hyatt House White Plains, White Plains, NY | Hotel        
Initial Costs        
Land 8,823      
Buildings & Improvements 30,273      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 14,075      
Gross Amounts at Close of Period        
Land 8,823      
Buildings & Improvements 44,348      
Total 53,171      
Accumulated Depreciation (21,264)      
Net Book Value 31,907      
Hampton Inn Seaport, Seaport, NY | Hotel        
Initial Costs        
Land 7,816      
Buildings & Improvements 19,040      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 1,762      
Gross Amounts at Close of Period        
Land 7,816      
Buildings & Improvements 20,802      
Total 28,618      
Accumulated Depreciation (9,043)      
Net Book Value 19,575      
NU Hotel Brooklyn, Brooklyn, NY | Hotel        
Initial Costs        
Land 0      
Buildings & Improvements 22,042      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 2,435      
Gross Amounts at Close of Period        
Land 0      
Buildings & Improvements 24,477      
Total 24,477      
Accumulated Depreciation (9,811)      
Net Book Value 14,666      
Hilton Garden Inn Tribeca, Tribeca, NY | Hotel        
Real Estate and Accumulated Depreciation        
Encumbrances (45,450)      
Initial Costs        
Land 21,077      
Buildings & Improvements 42,955      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 1,524      
Gross Amounts at Close of Period        
Land 21,077      
Buildings & Improvements 44,479      
Total 65,556      
Accumulated Depreciation (15,843)      
Net Book Value 49,713      
Cadillac Hotel & Beach Club, Miami, FL | Hotel        
Initial Costs        
Land 35,700      
Buildings & Improvements 55,805      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 46,325      
Gross Amounts at Close of Period        
Land 35,700      
Buildings & Improvements 102,130      
Total 137,830      
Accumulated Depreciation (37,540)      
Net Book Value 100,290      
The Rittenhouse Hotel, Philadelphia, PA | Hotel        
Initial Costs        
Land 7,108      
Buildings & Improvements 29,556      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 27,638      
Gross Amounts at Close of Period        
Land 7,108      
Buildings & Improvements 57,194      
Total 64,302      
Accumulated Depreciation (31,570)      
Net Book Value 32,732      
The Boxer Boston, Boston, MA | Hotel        
Initial Costs        
Land 1,456      
Buildings & Improvements 14,954      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 2,268      
Gross Amounts at Close of Period        
Land 1,456      
Buildings & Improvements 17,222      
Total 18,678      
Accumulated Depreciation (5,791)      
Net Book Value 12,887      
Holiday Inn Express Chelsea, Manhattan, NY | Hotel        
Initial Costs        
Land 30,329      
Buildings & Improvements 57,016      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 3,010      
Gross Amounts at Close of Period        
Land 30,329      
Buildings & Improvements 60,026      
Total 90,355      
Accumulated Depreciation (16,754)      
Net Book Value 73,601      
Hyatt Union Square, Union Square, NY | Hotel        
Real Estate and Accumulated Depreciation        
Encumbrances (56,000)      
Initial Costs        
Land 32,940      
Buildings & Improvements 79,300      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 4,685      
Gross Amounts at Close of Period        
Land 32,940      
Buildings & Improvements 83,985      
Total 116,925      
Accumulated Depreciation (22,767)      
Net Book Value 94,158      
Hilton Garden Inn Manhattan Midtown East, Midtown East, NY | Hotel        
Real Estate and Accumulated Depreciation        
Encumbrances (44,325)      
Initial Costs        
Land 45,480      
Buildings & Improvements 60,762      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 662      
Gross Amounts at Close of Period        
Land 45,480      
Buildings & Improvements 61,424      
Total 106,904      
Accumulated Depreciation (13,467)      
Net Book Value 93,437      
Parrot Key Hotel & Villas, Key West, FL | Hotel        
Initial Costs        
Land 57,889      
Buildings & Improvements 33,959      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 14,271      
Gross Amounts at Close of Period        
Land 57,889      
Buildings & Improvements 48,230      
Total 106,119      
Accumulated Depreciation (18,578)      
Net Book Value 87,541      
The Winter Haven Hotel Miami Beach, Miami Beach, FL | Hotel        
Initial Costs        
Land 5,400      
Buildings & Improvements 18,147      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 1,090      
Gross Amounts at Close of Period        
Land 5,400      
Buildings & Improvements 19,237      
Total 24,637      
Accumulated Depreciation (4,808)      
Net Book Value 19,829      
The Blue Moon Hotel Miami Beach, Miami Beach, FL | Hotel        
Initial Costs        
Land 4,874      
Buildings & Improvements 20,354      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 3,200      
Gross Amounts at Close of Period        
Land 4,874      
Buildings & Improvements 23,554      
Total 28,428      
Accumulated Depreciation (5,775)      
Net Book Value 22,653      
The St. Gregory Hotel, Dupont Circle, Washington D.C. | Hotel        
Real Estate and Accumulated Depreciation        
Encumbrances (23,000)      
Initial Costs        
Land 23,764      
Buildings & Improvements 33,005      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 7,905      
Gross Amounts at Close of Period        
Land 23,764      
Buildings & Improvements 40,910      
Total 64,674      
Accumulated Depreciation (12,073)      
Net Book Value 52,601      
The Ritz-Carlton Georgetown, Washington D.C. | Hotel        
Initial Costs        
Land 17,825      
Buildings & Improvements 29,584      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 4,115      
Gross Amounts at Close of Period        
Land 17,825      
Buildings & Improvements 33,699      
Total 51,524      
Accumulated Depreciation (7,844)      
Net Book Value 43,680      
The Sanctuary Beach Resort, Marina, CA | Hotel        
Real Estate and Accumulated Depreciation        
Encumbrances (13,661)      
Initial Costs        
Land 20,278      
Buildings & Improvements 17,319      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 7,442      
Gross Amounts at Close of Period        
Land 20,278      
Buildings & Improvements 24,761      
Total 45,039      
Accumulated Depreciation (8,053)      
Net Book Value 36,986      
The Envoy Boston Seaport, Boston, MA | Hotel        
Initial Costs        
Land 25,264      
Buildings & Improvements 75,979      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 4,019      
Gross Amounts at Close of Period        
Land 25,264      
Buildings & Improvements 79,998      
Total 105,262      
Accumulated Depreciation (14,676)      
Net Book Value 90,586      
Mystic Marriott Hotel & Spa, Groton, CT | Hotel        
Initial Costs        
Land 1,420      
Buildings & Improvements 40,440      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 10,277      
Gross Amounts at Close of Period        
Land 1,420      
Buildings & Improvements 50,717      
Total 52,137      
Accumulated Depreciation (12,217)      
Net Book Value 39,920      
The Ritz-Carlton Coconut Grove, Coconut Grove, FL | Hotel        
Initial Costs        
Land 5,185      
Buildings & Improvements 30,825      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 10,506      
Gross Amounts at Close of Period        
Land 5,185      
Buildings & Improvements 41,331      
Total 46,516      
Accumulated Depreciation (10,353)      
Net Book Value 36,163      
Philadelphia Westin, Philadelphia, PA | Hotel        
Initial Costs        
Land 19,154      
Buildings & Improvements 103,406      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 6,084      
Gross Amounts at Close of Period        
Land 19,154      
Buildings & Improvements 109,490      
Total 128,644      
Accumulated Depreciation (16,278)      
Net Book Value 112,366      
The Ambrose Hotel, Santa Monica, CA | Hotel        
Initial Costs        
Land 18,750      
Buildings & Improvements 26,839      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings & Improvements 1,693      
Gross Amounts at Close of Period        
Land 18,750      
Buildings & Improvements 28,532      
Total 47,282      
Accumulated Depreciation (5,089)      
Net Book Value $ 42,193