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Debt - Schedule of Mortgage Debt Obligations (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Aug. 16, 2021
Dec. 31, 2020
Debt Instrument [Line Items]      
Outstanding Balance $ 1,372,421   $ 1,488,570
Unamortized fair value adjustment of assumed debt 1,070    
Unamortized debt issuance costs (6,870)    
Total $ 501,916   512,546
Hampton Cape Canaveral, FL [Member]      
Debt Instrument [Line Items]      
Loan Assumption or Origination Date [1],[2] Apr. 30, 2020    
Note payable, principal assumed or originated [1],[2] $ 10,852    
Outstanding Balance [1],[2]     10,275
Home2 Suites Cape Canaveral, FL [Member]      
Debt Instrument [Line Items]      
Loan Assumption or Origination Date [1],[2] Apr. 30, 2020    
Note payable, principal assumed or originated [1],[2] $ 10,852    
Outstanding Balance [1],[2]     10,275
Hampton Colorado Springs, CO [Member]      
Debt Instrument [Line Items]      
Interest Rate [3],[4] 6.25%    
Loan Assumption or Origination Date [4] Sep. 01, 2016    
Note payable, principal assumed or originated [4] $ 7,923    
Outstanding Balance [4]     7,317
Courtyard Franklin, TN [Member]      
Debt Instrument [Line Items]      
Interest Rate [3],[4] 6.25%    
Loan Assumption or Origination Date [4] Sep. 01, 2016    
Note payable, principal assumed or originated [4] $ 14,679    
Outstanding Balance [4]     13,563
Residence Inn Franklin, TN [Member]      
Debt Instrument [Line Items]      
Interest Rate [3],[4] 6.25%    
Loan Assumption or Origination Date [4] Sep. 01, 2016    
Note payable, principal assumed or originated [4] $ 14,679    
Outstanding Balance [4]     13,563
Residence Inn, Seattle, Washington [Member]      
Debt Instrument [Line Items]      
Interest Rate 4.00% [3],[5] 4.00%  
Loan Assumption or Origination Date [5] Aug. 16, 2021    
Maturity Date [5] Aug. 16, 2022    
Note payable, principal assumed or originated $ 56,000 [5] $ 56,000  
Outstanding Balance [5] $ 56,000    
Hilton Garden Inn Grapevine, TX [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.89%    
Loan Assumption or Origination Date Aug. 29, 2012    
Maturity Date Sep. 01, 2022    
Note payable, principal assumed or originated $ 11,810    
Outstanding Balance $ 9,167   9,434
Courtyard Collegeville/Philadelphia, PA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.89%    
Loan Assumption or Origination Date Aug. 30, 2012    
Maturity Date Sep. 01, 2022    
Note payable, principal assumed or originated $ 12,650    
Outstanding Balance $ 9,818   10,105
Courtyard Hattiesburg, MS [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 5.00%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Sep. 01, 2022    
Note payable, principal assumed or originated $ 5,732    
Outstanding Balance $ 4,596   4,729
Courtyard Kirkland W A      
Debt Instrument [Line Items]      
Interest Rate [3] 5.00%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Sep. 01, 2022    
Note payable, principal assumed or originated $ 12,145    
Outstanding Balance $ 9,737   10,018
Courtyard Rancho Bernardo / San Diego, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 5.00%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Sep. 01, 2022    
Note payable, principal assumed or originated $ 15,060    
Outstanding Balance $ 12,074   12,422
Residence Inn Seattle, WA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.96%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Sep. 01, 2022    
Note payable, principal assumed or originated $ 28,269    
Outstanding Balance $ 22,638   23,294
Embassy Suites Anchorage, AK [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.97%    
Loan Assumption or Origination Date Sep. 13, 2012    
Maturity Date Oct. 01, 2022    
Note payable, principal assumed or originated $ 23,230    
Outstanding Balance $ 18,139   18,660
Courtyard Somerset, NJ [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.73%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Oct. 06, 2022    
Note payable, principal assumed or originated $ 8,750    
Outstanding Balance $ 6,973   7,179
Homewood Suites Tukwila, WA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.73%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Oct. 06, 2022    
Note payable, principal assumed or originated $ 9,431    
Outstanding Balance $ 7,516   7,737
Homewood Suites Huntsville, AL [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.12%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Feb. 06, 2023    
Note payable, principal assumed or originated $ 8,306    
Outstanding Balance $ 6,542   6,742
Courtyard Prattville, AL [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.12%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Feb. 06, 2023    
Note payable, principal assumed or originated $ 6,596    
Outstanding Balance $ 5,195   5,354
Residence Inn San Diego, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.97%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Mar. 06, 2023    
Note payable, principal assumed or originated $ 18,600    
Outstanding Balance $ 14,610   15,061
Homewood Suites Miami, FL [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.02%    
Loan Assumption or Origination Date Mar. 01, 2014    
Maturity Date Apr. 01, 2023    
Note payable, principal assumed or originated $ 16,677    
Outstanding Balance $ 13,136   13,537
Homewood Suites New Orleans, LA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.36%    
Loan Assumption or Origination Date Jul. 17, 2014    
Maturity Date Aug. 11, 2024    
Note payable, principal assumed or originated $ 27,000    
Outstanding Balance $ 22,181   22,766
Residence Inn Westford, MA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.28%    
Loan Assumption or Origination Date Mar. 18, 2015    
Maturity Date Apr. 11, 2025    
Note payable, principal assumed or originated $ 10,000    
Outstanding Balance $ 8,393   8,605
Hilton Garden Inn Denver, CO [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.46%    
Loan Assumption or Origination Date Sep. 01, 2016    
Maturity Date Jun. 11, 2025    
Note payable, principal assumed or originated $ 34,118    
Outstanding Balance $ 29,663   30,387
Courtyard Oceanside, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.28%    
Loan Assumption or Origination Date Sep. 01, 2016    
Maturity Date Oct. 01, 2025    
Note payable, principal assumed or originated $ 13,655    
Outstanding Balance $ 12,391   12,605
Hilton Garden Inn Omaha, NE [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.28%    
Loan Assumption or Origination Date Sep. 01, 2016    
Maturity Date Oct. 01, 2025    
Note payable, principal assumed or originated $ 22,682    
Outstanding Balance $ 20,581   20,936
Hampton Boise, ID [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.37%    
Loan Assumption or Origination Date May 26, 2016    
Maturity Date Jun. 11, 2026    
Note payable, principal assumed or originated $ 24,000    
Outstanding Balance $ 21,799   22,146
Courtyard Burbank, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.55%    
Loan Assumption or Origination Date Nov. 03, 2016    
Maturity Date Dec. 01, 2026    
Note payable, principal assumed or originated $ 25,564    
Outstanding Balance $ 22,482   23,315
Courtyard San Diego, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.55%    
Loan Assumption or Origination Date Nov. 03, 2016    
Maturity Date Dec. 01, 2026    
Note payable, principal assumed or originated $ 25,473    
Outstanding Balance $ 22,402   23,232
Hampton San Diego, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.55%    
Loan Assumption or Origination Date Nov. 03, 2016    
Maturity Date Dec. 01, 2026    
Note payable, principal assumed or originated $ 18,963    
Outstanding Balance $ 16,677   17,295
SpringHill Suites Burbank, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.94%    
Loan Assumption or Origination Date Mar. 09, 2018    
Maturity Date Apr. 01, 2028    
Note payable, principal assumed or originated $ 28,470    
Outstanding Balance $ 26,264   27,078
Courtyard Santa Ana, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.94%    
Loan Assumption or Origination Date Mar. 09, 2018    
Maturity Date Apr. 01, 2028    
Note payable, principal assumed or originated $ 15,530    
Outstanding Balance $ 14,326   14,770
Courtyard Richmond, VA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.40%    
Loan Assumption or Origination Date Feb. 12, 2020    
Maturity Date Mar. 11, 2030    
Note payable, principal assumed or originated $ 14,950    
Outstanding Balance $ 14,521   14,739
Residence Inn Richmond, VA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.40%    
Loan Assumption or Origination Date Feb. 12, 2020    
Maturity Date Mar. 11, 2030    
Note payable, principal assumed or originated $ 14,950    
Outstanding Balance $ 14,521   14,739
Residence Inn Portland, ME [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 3.43%    
Loan Assumption or Origination Date Mar. 02, 2020    
Maturity Date Apr. 01, 2030    
Note payable, principal assumed or originated $ 33,500    
Outstanding Balance $ 33,500   33,500
Homewood Suites San Jose, CA [Member]      
Debt Instrument [Line Items]      
Interest Rate [3] 4.22%    
Loan Assumption or Origination Date Dec. 22, 2017    
Maturity Date May 01, 2038    
Note payable, principal assumed or originated $ 30,000    
Outstanding Balance 26,579   27,392
Aggregate Properties [Member]      
Debt Instrument [Line Items]      
Note payable, principal assumed or originated 631,096    
Outstanding Balance 502,421   512,770
Unamortized fair value adjustment of assumed debt 1,070   1,624
Unamortized debt issuance costs $ (1,575)   $ (1,848)
[1] Interest rate was variable based on one-month LIBOR plus 3.00%. As of April 12, 2021, the date the loan was fully repaid, the interest rate was 3.11%. In July 2020, the principal amount of the note was reduced by approximately $1.1 million representing a credit from the developer for shared construction savings.
[2] Loan was repaid in full on April 12, 2021.
[3] Interest rates are the rates per the loan agreement. For loans assumed, the Company adjusted the interest rates per the loan agreement to market rates and is amortizing the adjustments to interest expense over the life of the loan.
[4] Loan was repaid in full on June 4, 2021.
[5] On August 16, 2021, the Company acquired the fee interest in the land at the Seattle, Washington Residence Inn, previously held under a finance ground lease, for a purchase price of $80.0 million, consisting of a $24.0 million cash payment and a one-year note payable to the seller for $56.0 million.