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Investments in Hotel Properties, net
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Investments in Hotel Properties, net Investments in Hotel Properties, net
Investments in hotel properties, net consisted of the following (in thousands):
June 30, 2021December 31, 2020
Land$626,938 $630,690 
Buildings and improvements3,721,116 3,751,588 
Furniture, fixtures and equipment345,572 388,428 
Construction in progress7,953 16,192 
Condominium properties11,515 11,707 
Total cost4,713,094 4,798,605 
Accumulated depreciation(1,409,963)(1,371,623)
Investments in hotel properties, net$3,303,131 $3,426,982