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SCHEDULE III-Real Estate and Accumulated Depreciation (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
Hotel properties  
Real Estate and Accumulated Depreciation  
Encmbr $ 750,944
Initial costs  
Land 494,846
Bldg. and Impr 2,481,011
Cost Capitalized Subsequent to Acquisition  
Land 36,814
Bldg. and Impr 654,795
Gross Amount at year end  
Land 531,660
Bldg. and Impr 3,135,806
Totals 3,667,466
Accum. Depr. 766,407
Aggregate cost of properties for federal income tax purposes $ 4,100,000
Boston Park Plaza | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Boston Park Plaza | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Boston Park Plaza | Hotel properties  
Initial costs  
Land $ 58,527
Bldg. and Impr 170,589
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 96,236
Gross Amount at year end  
Land 58,527
Bldg. and Impr 266,825
Totals 325,352
Accum. Depr. $ 29,482
Date Acq./Constr. 2013
Courtyard by Marriott Los Angeles | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Courtyard by Marriott Los Angeles | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Courtyard by Marriott Los Angeles | Hotel properties  
Initial costs  
Bldg. and Impr $ 8,446
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 13,537
Gross Amount at year end  
Bldg. and Impr 21,983
Totals 21,983
Accum. Depr. $ 10,770
Date Acq./Constr. 1999
Embassy Suites Chicago | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Embassy Suites Chicago | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Embassy Suites Chicago | Hotel properties  
Initial costs  
Land $ 79
Bldg. and Impr 46,886
Cost Capitalized Subsequent to Acquisition  
Land 6,348
Bldg. and Impr 21,671
Gross Amount at year end  
Land 6,427
Bldg. and Impr 68,557
Totals 74,984
Accum. Depr. $ 29,076
Date Acq./Constr. 2002
Embassy Suites La Jolla | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Embassy Suites La Jolla | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Embassy Suites La Jolla | Hotel properties  
Real Estate and Accumulated Depreciation  
Encmbr $ 62,886
Initial costs  
Land 27,900
Bldg. and Impr 70,450
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 12,885
Gross Amount at year end  
Land 27,900
Bldg. and Impr 83,335
Totals 111,235
Accum. Depr. $ 28,767
Date Acq./Constr. 2006
Hilton Garden Inn Chicago Downtown/Magnificent Mile | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hilton Garden Inn Chicago Downtown/Magnificent Mile | Maximum  
Gross Amount at year end  
Depr. Life 50 years
Hilton Garden Inn Chicago Downtown/Magnificent Mile | Hotel properties  
Initial costs  
Land $ 14,040
Bldg. and Impr 66,350
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 8,632
Gross Amount at year end  
Land 14,040
Bldg. and Impr 74,982
Totals 89,022
Accum. Depr. $ 7,143
Date Acq./Constr. 2012
Hilton New Orleans St. Charles | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hilton New Orleans St. Charles | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Hilton New Orleans St. Charles | Hotel properties  
Initial costs  
Land $ 3,698
Bldg. and Impr 53,578
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 7,261
Gross Amount at year end  
Land 3,698
Bldg. and Impr 60,839
Totals 64,537
Accum. Depr. $ 4,857
Date Acq./Constr. 2013
Hilton North Houston | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hilton North Houston | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Hilton North Houston | Hotel properties  
Initial costs  
Land $ 6,184
Bldg. and Impr 35,628
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 24,402
Gross Amount at year end  
Land 6,184
Bldg. and Impr 60,030
Totals 66,214
Accum. Depr. $ 24,456
Date Acq./Constr. 2002
Hilton San Diego Bayfront | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hilton San Diego Bayfront | Maximum  
Gross Amount at year end  
Depr. Life 57 years
Hilton San Diego Bayfront | Hotel properties  
Real Estate and Accumulated Depreciation  
Encmbr $ 222,340
Initial costs  
Bldg. and Impr 424,992
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 9,874
Gross Amount at year end  
Bldg. and Impr 434,866
Totals 434,866
Accum. Depr. $ 46,037
Date Acq./Constr. 2011
Hilton Times Square | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hilton Times Square | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Hilton Times Square | Hotel properties  
Real Estate and Accumulated Depreciation  
Encmbr $ 83,311
Initial costs  
Bldg. and Impr 221,488
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 30,469
Gross Amount at year end  
Bldg. and Impr 251,957
Totals 251,957
Accum. Depr. $ 89,118
Date Acq./Constr. 2006
Hyatt Centric Chicago Magnificent Mile | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hyatt Centric Chicago Magnificent Mile | Maximum  
Gross Amount at year end  
Depr. Life 40 years
Hyatt Centric Chicago Magnificent Mile | Hotel properties  
Initial costs  
Bldg. and Impr $ 91,964
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 17,122
Gross Amount at year end  
Bldg. and Impr 109,086
Totals 109,086
Accum. Depr. $ 17,518
Date Acq./Constr. 2012
Hyatt Regency Newport Beach | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hyatt Regency Newport Beach | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Hyatt Regency Newport Beach | Hotel properties  
Initial costs  
Bldg. and Impr $ 30,549
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 27,630
Gross Amount at year end  
Bldg. and Impr 58,179
Totals 58,179
Accum. Depr. $ 22,125
Date Acq./Constr. 2002
Hyatt Regency San Francisco | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Hyatt Regency San Francisco | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Hyatt Regency San Francisco | Hotel properties  
Initial costs  
Land $ 116,140
Bldg. and Impr 131,430
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 36,387
Gross Amount at year end  
Land 116,140
Bldg. and Impr 167,817
Totals 283,957
Accum. Depr. $ 23,122
Date Acq./Constr. 2013
JW Marriott New Orleans | Minimum  
Gross Amount at year end  
Depr. Life 5 years
JW Marriott New Orleans | Maximum  
Gross Amount at year end  
Depr. Life 35 years
JW Marriott New Orleans | Hotel properties  
Real Estate and Accumulated Depreciation  
Encmbr $ 86,963
Initial costs  
Bldg. and Impr 73,420
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 12,144
Gross Amount at year end  
Bldg. and Impr 85,564
Totals 85,564
Accum. Depr. $ 13,795
Date Acq./Constr. 2011
Marriott Boston Long Wharf | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Marriott Boston Long Wharf | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Marriott Boston Long Wharf | Hotel properties  
Real Estate and Accumulated Depreciation  
Encmbr $ 176,000
Initial costs  
Land 51,598
Bldg. and Impr 170,238
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 38,302
Gross Amount at year end  
Land 51,598
Bldg. and Impr 208,540
Totals 260,138
Accum. Depr. $ 68,146
Date Acq./Constr. 2007
Marriott Houston | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Marriott Houston | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Marriott Houston | Hotel properties  
Initial costs  
Land $ 4,167
Bldg. and Impr 19,155
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 15,518
Gross Amount at year end  
Land 4,167
Bldg. and Impr 34,673
Totals 38,840
Accum. Depr. $ 13,885
Date Acq./Constr. 2002
Marriott Park City | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Marriott Park City | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Marriott Park City | Hotel properties  
Initial costs  
Land $ 2,260
Bldg. and Impr 17,778
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 18,217
Gross Amount at year end  
Land 2,260
Bldg. and Impr 35,995
Totals 38,255
Accum. Depr. $ 14,614
Date Acq./Constr. 1999
Marriott Philadelphia | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Marriott Philadelphia | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Marriott Philadelphia | Hotel properties  
Initial costs  
Land $ 3,297
Bldg. and Impr 29,710
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 14,946
Gross Amount at year end  
Land 3,297
Bldg. and Impr 44,656
Totals 47,953
Accum. Depr. $ 17,676
Date Acq./Constr. 2002
Marriott Portland | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Marriott Portland | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Marriott Portland | Hotel properties  
Initial costs  
Land $ 5,341
Bldg. and Impr 20,705
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 7,249
Gross Amount at year end  
Land 5,341
Bldg. and Impr 27,954
Totals 33,295
Accum. Depr. $ 13,488
Date Acq./Constr. 2000
Marriott Quincy | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Marriott Quincy | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Marriott Quincy | Hotel properties  
Initial costs  
Land $ 14,375
Bldg. and Impr 97,875
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 7,507
Gross Amount at year end  
Land 14,375
Bldg. and Impr 105,382
Totals 119,757
Accum. Depr. $ 34,290
Date Acq./Constr. 2007
Marriott Tysons Corner | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Marriott Tysons Corner | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Marriott Tysons Corner | Hotel properties  
Initial costs  
Land $ 3,897
Bldg. and Impr 43,528
Cost Capitalized Subsequent to Acquisition  
Land (250)
Bldg. and Impr 16,659
Gross Amount at year end  
Land 3,647
Bldg. and Impr 60,187
Totals 63,834
Accum. Depr. $ 26,516
Date Acq./Constr. 2002
Wailea Beach Resort | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Wailea Beach Resort | Maximum  
Gross Amount at year end  
Depr. Life 40 years
Wailea Beach Resort | Hotel properties  
Initial costs  
Land $ 119,707
Bldg. and Impr 194,137
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 59,394
Gross Amount at year end  
Land 119,707
Bldg. and Impr 253,531
Totals 373,238
Accum. Depr. $ 14,308
Date Acq./Constr. 2014
Renaissance Harborplace | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Renaissance Harborplace | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Renaissance Harborplace | Hotel properties  
Initial costs  
Land $ 25,085
Bldg. and Impr 102,707
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 25,365
Gross Amount at year end  
Land 25,085
Bldg. and Impr 128,072
Totals 153,157
Accum. Depr. $ 47,124
Date Acq./Constr. 2005
Renaissance Los Angeles Airport | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Renaissance Los Angeles Airport | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Renaissance Los Angeles Airport | Hotel properties  
Initial costs  
Land $ 7,800
Bldg. and Impr 52,506
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 7,823
Gross Amount at year end  
Land 7,800
Bldg. and Impr 60,329
Totals 68,129
Accum. Depr. $ 19,823
Date Acq./Constr. 2007
Renaissance Long Beach | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Renaissance Long Beach | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Renaissance Long Beach | Hotel properties  
Initial costs  
Land $ 10,437
Bldg. and Impr 37,300
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 20,058
Gross Amount at year end  
Land 10,437
Bldg. and Impr 57,358
Totals 67,795
Accum. Depr. $ 19,794
Date Acq./Constr. 2005
Renaissance Orlando at SeaWorld | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Renaissance Orlando at SeaWorld | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Renaissance Orlando at SeaWorld | Hotel properties  
Initial costs  
Bldg. and Impr $ 119,733
Cost Capitalized Subsequent to Acquisition  
Land 30,716
Bldg. and Impr 40,077
Gross Amount at year end  
Land 30,716
Bldg. and Impr 159,810
Totals 190,526
Accum. Depr. $ 57,792
Date Acq./Constr. 2005
Renaissance Washington DC | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Renaissance Washington DC | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Renaissance Washington DC | Hotel properties  
Real Estate and Accumulated Depreciation  
Encmbr $ 119,444
Initial costs  
Land 14,563
Bldg. and Impr 132,800
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 44,884
Gross Amount at year end  
Land 14,563
Bldg. and Impr 177,684
Totals 192,247
Accum. Depr. $ 63,937
Date Acq./Constr. 2005
Renaissance Westchester | Minimum  
Gross Amount at year end  
Depr. Life 5 years
Renaissance Westchester | Maximum  
Gross Amount at year end  
Depr. Life 35 years
Renaissance Westchester | Hotel properties  
Initial costs  
Land $ 5,751
Bldg. and Impr 17,069
Cost Capitalized Subsequent to Acquisition  
Bldg. and Impr 20,546
Gross Amount at year end  
Land 5,751
Bldg. and Impr 37,615
Totals 43,366
Accum. Depr. $ 8,748
Date Acq./Constr. 2010
Senior corporate credit facility  
Gross Amount at year end  
Outstanding indebtedness under credit facility $ 0