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

 
$
448,401

Buildings and improvements
2,238,919

 
2,205,315

Furniture, fixtures and equipment
260,731

 
240,842

Construction in progress
10,729

 
9,514

Investment in hotel properties
$
2,958,780

 
$
2,904,072

Less: Accumulated depreciation
(521,101
)
 
(447,622
)
Investment in hotel properties, net
$
2,437,679

 
$
2,456,450