XML 48 R38.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements and Interest Rate Derivatives - Interest Rate Derivatives (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Apr. 30, 2020
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Interest Rate Derivatives            
Estimated Fair Value of Liabilities   $ (6,505)   $ (6,505)   $ (1,081)
Fair value of interest rate derivatives   (6,504)   (6,504)   $ (1,081)
Payment for interest rate derivative       (111)    
Fair values of derivative assets   1   1    
Noncash interest on derivatives   $ (762) $ 1,098 $ 5,534 $ 6,740  
$85.0 million term loan            
Interest Rate Derivatives            
Fixed rate under interest rate swap agreement   1.591%   1.591%   1.591%
$100.0 million term loan            
Interest Rate Derivatives            
Fixed rate under interest rate swap agreement   1.853%   1.853%   1.853%
Interest Rate Cap | Not designated as hedging instrument | Hilton San Diego Bayfront mortgage            
Interest Rate Derivatives            
Strike rate under interest rate cap agreement   6.00%   6.00%    
Effective date       Nov. 10, 2017    
Interest rate derivative maturity date       Dec. 09, 2020    
Notional amount   $ 220,000   $ 220,000    
Hilton San Diego Bayfront new interest rate cap | Not designated as hedging instrument | Hilton San Diego Bayfront mortgage            
Interest Rate Derivatives            
Strike rate under interest rate cap agreement   6.00%   6.00%    
Effective date       Dec. 09, 2020    
Interest rate derivative maturity date       Dec. 15, 2021    
Notional amount   $ 220,000   $ 220,000    
Payment for interest rate derivative $ (100)          
Fair values of derivative assets   $ 1   $ 1    
Interest Rate Swap | Not designated as hedging instrument | $85.0 million term loan            
Interest Rate Derivatives            
Fixed rate under interest rate swap agreement   1.591%   1.591%    
Effective date       Oct. 29, 2015    
Interest rate derivative maturity date       Sep. 02, 2022    
Notional amount   $ 85,000   $ 85,000    
Estimated Fair Value of Liabilities   $ (2,429)   $ (2,429)   $ (132)
Interest Rate Swap | Not designated as hedging instrument | $100.0 million term loan            
Interest Rate Derivatives            
Fixed rate under interest rate swap agreement   1.853%   1.853%    
Effective date       Jan. 29, 2016    
Interest rate derivative maturity date       Jan. 31, 2023    
Notional amount   $ 100,000   $ 100,000    
Estimated Fair Value of Liabilities   $ (4,076)   $ (4,076)   $ (949)
London Interbank Offered Rate (LIBOR) | Hilton San Diego Bayfront mortgage            
Interest Rate Derivatives            
Interest rate, description of reference rate       one-month LIBOR   one-month LIBOR
London Interbank Offered Rate (LIBOR) | Interest Rate Cap | Not designated as hedging instrument | Hilton San Diego Bayfront mortgage            
Interest Rate Derivatives            
Interest rate, description of reference rate       one-month LIBOR    
London Interbank Offered Rate (LIBOR) | Hilton San Diego Bayfront new interest rate cap | Not designated as hedging instrument | Hilton San Diego Bayfront mortgage            
Interest Rate Derivatives            
Interest rate, description of reference rate       one-month LIBOR    
London Interbank Offered Rate (LIBOR) | Interest Rate Swap | Not designated as hedging instrument | $85.0 million term loan            
Interest Rate Derivatives            
Interest rate, description of reference rate       one-month LIBOR    
London Interbank Offered Rate (LIBOR) | Interest Rate Swap | Not designated as hedging instrument | $100.0 million term loan            
Interest Rate Derivatives            
Interest rate, description of reference rate       one-month LIBOR