XML 48 R37.htm IDEA: XBRL DOCUMENT v3.19.2
Long-Term Debt (Details) - USD ($)
$ in Thousands
6 Months Ended
May 31, 2018
Apr. 21, 2017
Jul. 27, 2012
Jun. 30, 2019
Dec. 31, 2018
Long-Term Debt          
Long-term debt, carrying amount       $ 750,476 $ 757,060
Unamortized deferred financing costs       (4,929) (5,671)
Long-term debt       $ 745,547 751,389
Revolving Credit Facility [Member]          
Long-Term Debt          
Revolving credit facility, issuance month year       July 2010  
Revolving credit facility, maturity date month year May 2022     May 2022  
Debt instrument maturity extension period 1 year        
Interest rate in effect for borrowings under revolving credit facility       3.90%  
Revolving credit facility       $ 0 0
Unsecured Term Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       April 2017  
Debt instrument maturity month year       April 2022  
Unsecured term loan       $ 225,000  
Debt instrument, term   5 years      
Debt instrument effectively fixed term   5 years      
Debt instrument effectively fixed rate       3.31%  
Unsecured term loan       $ 225,000 225,000
Boston Marriott Newton Mortgage Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       May 2013  
Debt instrument maturity month year       June 2020  
Mortgage loans on real estate, face amount of mortgages       $ 60,000  
Debt instrument, interest rate, stated percentage       3.63%  
Mortgage loans on real estate amortization period       25 years  
Long-term debt, carrying amount       $ 50,311 51,205
Le Meridien San Francisco Mortgage Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       July 2013  
Debt instrument maturity month year       August 2020  
Mortgage loans on real estate, face amount of mortgages       $ 92,500  
Debt instrument, interest rate, stated percentage       3.50%  
Mortgage loans on real estate amortization period       25 years  
Long-term debt, carrying amount       $ 77,792 79,180
Hilton Denver City Center Mortgage Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       July 2012  
Debt instrument maturity month year       August 2022  
Mortgage loans on real estate, face amount of mortgages       $ 70,000  
Debt instrument, interest rate, stated percentage       4.90%  
Mortgage loans on real estate amortization period       30 years  
Debt instrument, term     30 years    
Debt instrument call term     10 years    
Long-term debt, carrying amount       $ 61,675 62,383
Hilton Checkers Los Angeles Mortgage Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       February 2013  
Debt instrument maturity month year       March 2023  
Mortgage loans on real estate, face amount of mortgages       $ 32,000  
Debt instrument, interest rate, stated percentage       4.11%  
Mortgage loans on real estate amortization period       30 years  
Long-term debt, carrying amount       $ 28,271 28,609
W Chicago - City Center Mortgage Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       July 2013  
Debt instrument maturity month year       August 2023  
Mortgage loans on real estate, face amount of mortgages       $ 93,000  
Debt instrument, interest rate, stated percentage       4.25%  
Mortgage loans on real estate amortization period       25 years  
Long-term debt, carrying amount       $ 79,517 80,815
Hyatt Herald Square New York and Hyatt Place New York Midtown South Mortgage Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       July 2014  
Debt instrument maturity month year       July 2024  
Mortgage loans on real estate, face amount of mortgages       $ 90,000  
Debt instrument, interest rate, stated percentage       4.30%  
Mortgage loans on real estate amortization period       30 years  
Long-term debt, carrying amount       $ 85,596 86,397
Hyatt Regency Boston Mortgage Loan [Member]          
Long-Term Debt          
Debt instrument issuance month year       June 2016  
Debt instrument maturity month year       July 2026  
Mortgage loans on real estate, face amount of mortgages       $ 150,000  
Debt instrument, interest rate, stated percentage       4.25%  
Mortgage loans on real estate amortization period       30 years  
Long-term debt, carrying amount       $ 142,314 $ 143,471
Interest Rate Swap [Member]          
Long-Term Debt          
Fixed interest rate on interest rate swap   1.86%      
Derivative, notional amount   $ 225,000      
Derivative effective date   Apr. 21, 2017      
Derivative, maturity date   Apr. 21, 2022