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Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Investment in hotel properties    
Land $ 499,381 $ 357,680
Buildings and improvements 2,214,220 1,987,050
Furniture, fixtures and equipment 201,299 183,016
Construction in progress 14,202 10,524
Investment in hotel properties 2,929,102 2,538,270
Less: Accumulated depreciation (260,953) (194,580)
Investment in hotel properties, net $ 2,668,149 $ 2,343,690