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Investment in Hotel Properties (Tables)
 6 Months Ended
Jun. 30, 2018
Real Estate [Abstract]  
Schedule of Investment in hotel properties
Investment in hotel properties as of June 30, 2018 and December 31, 2017 consisted of the following (in thousands):
 
 
June 30,
2018
 
December 31, 2017
Land
$
448,401

 
$
448,401

Buildings and improvements
2,227,616

 
2,205,315

Furniture, fixtures and equipment
250,831

 
240,842

Construction in progress
8,921

 
9,514

Investment in hotel properties
$
2,935,769

 
$
2,904,072

Less: Accumulated depreciation
(496,629
)
 
(447,622
)
Investment in hotel properties, net
$
2,439,140

 
$
2,456,450