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Investment in Hotel Properties (Tables)
 12 Months Ended
Dec. 31, 2017
Real Estate [Abstract]  
Schedule of Investment in hotel properties
Investment in hotel properties as of December 31, 2017 and December 31, 2016 consisted of the following (in thousands):
 
 
December 31,
2017
 
December 31, 2016
Land
$
448,401

 
$
503,571

Buildings and improvements
2,205,315

 
2,287,104

Furniture, fixtures and equipment
240,842

 
231,211

Construction in progress
9,514

 
9,253

Investment in hotel properties
$
2,904,072

 
$
3,031,139

Less: Accumulated depreciation
(447,622
)
 
(358,485
)
Investment in hotel properties, net
$
2,456,450

 
$
2,672,654