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Debt (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Oct. 13, 2017
Dec. 31, 2016
Nov. 12, 2015
Mortgage Loans on Real Estate [Line Items]        
Debt $ 890,573      
Total debt 885,237   $ 996,251  
First Mortgage [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt 70,573   142,890  
Mortgage loan premiums and deferred financing costs [1] (116)   108  
Total debt $ 70,457   142,998  
Sofitel Philadelphia [Member] | First Mortgage [Member]        
Mortgage Loans on Real Estate [Line Items]        
Interest Rate 3.90%      
Debt $ 0   44,320  
Hotel Zelos San Francisco [Member] | First Mortgage [Member]        
Mortgage Loans on Real Estate [Line Items]        
Interest Rate 5.94%      
Debt $ 0   25,718  
The Westin San Diego Gaslamp Quarter [Member]        
Mortgage Loans on Real Estate [Line Items]        
Deferred financing costs, net $ (100)      
The Westin San Diego Gaslamp Quarter [Member] | First Mortgage [Member]        
Mortgage Loans on Real Estate [Line Items]        
Interest Rate 3.69%      
Debt $ 70,573   72,852  
Term Loan [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt 675,000   675,000  
Deferred financing costs, net (4,594)   (3,207)  
Total debt 670,406   671,793  
First Term Loan [Member] | Term Loan [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt [2] 300,000   300,000  
Second Term Loan [Member] | Term Loan [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt 65,000 [2] $ 65,000 175,000 [2]  
Third Term Loan [Member] | Term Loan [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt [2] 200,000   200,000  
Fourth Term Loan [Member] | Term Loan [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt $ 110,000 [2] $ 110,000 0 [2]  
Series A Notes [Member]        
Mortgage Loans on Real Estate [Line Items]        
Interest Rate 4.70%     4.70%
Series B Notes [Member]        
Mortgage Loans on Real Estate [Line Items]        
Interest Rate 4.93%     4.93%
Unsecured Debt [Member] | Revolving Credit Facility [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt $ 45,000   82,000  
Unsecured Debt [Member] | Senior Unsecured Revolving Credit Facility [Member] | Revolving Credit Facility [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt [3] 45,000   82,000  
Unsecured Debt [Member] | PHL Unsecured Revolving Credit Facility [Member] | Revolving Credit Facility [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt [4] 0   0  
Senior Unsecured Notes [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt 100,000   100,000  
Deferred financing costs, net (626)   (540)  
Total debt 99,374   99,460  
Senior Unsecured Notes [Member] | Series A Notes [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt 60,000   60,000  
Senior Unsecured Notes [Member] | Series B Notes [Member]        
Mortgage Loans on Real Estate [Line Items]        
Debt $ 40,000   $ 40,000  
[1] Loan premium on assumed mortgage loan recorded in purchase accounting for the Hotel Zelos San Francisco.
[2] Borrowings under the term loan facilities bear interest at floating rates equal to, at the Company's option, either (i) LIBOR plus an applicable margin or (ii) a Base Rate plus an applicable margin. At December 31, 2017, the Company had interest rate swaps to effectively fix the interest rate for the First Term Loan, the Third Term Loan and a portion of the Fourth Term Loan. The Company had interest rate swaps on the full amounts outstanding, except for $65.0 million on the Second Term Loan and $10.0 million on the Fourth Term Loan. At December 31, 2016, the Company had interest rate swaps on all of the Term Loans, except for $75.0 million on the Second Term Loan. See "Derivative and Hedging Activities" above.
[3] Borrowings bear interest at floating rates equal to, at the Company's option, either (i) LIBOR plus an applicable margin or (ii) an Adjusted Base Rate (as defined in the applicable credit agreement) plus an applicable margin.
[4] Borrowings bear interest at floating rates equal to, at the Company's option, either (i) LIBOR plus an applicable margin or (ii) an Eurocurrency Rate (as defined in the applicable credit agreement) plus an applicable margin.