XML 43 R24.htm IDEA: XBRL DOCUMENT v3.3.1.900
Investment in Hotel Properties (Tables)
 12 Months Ended
Dec. 31, 2015
Real Estate [Abstract]  
Schedule of Investment in hotel properties
Investment in hotel properties as of December 31, 2015 and December 31, 2014 consisted of the following (in thousands):
 
 
December 31,
2015
 
December 31, 2014
Land
$
499,381

 
$
357,680

Buildings and improvements
2,225,168

 
1,987,050

Furniture, fixtures and equipment
205,890

 
183,016

Construction in progress
26,322

 
10,524

Investment in hotel properties
$
2,956,761

 
$
2,538,270

Less: Accumulated depreciation
(283,177
)
 
(194,580
)
Investment in hotel properties, net
$
2,673,584

 
$
2,343,690