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Investment in Hotel Properties (Tables)
6 Months Ended
Jun. 30, 2019
Real Estate [Abstract]  
Schedule of Investment in Hotel Properties
Investment in hotel properties as of June 30, 2019 and December 31, 2018 consisted of the following (in thousands):
 
 
June 30,
2019
 
December 31, 2018
Land
$
991,793

 
$
1,056,862

Buildings and improvements
5,169,832

 
5,440,513

Furniture, fixtures and equipment
460,887

 
462,620

Right-of-use asset, operating leases
323,910

 

Capital lease asset
91,985

 
91,985

Construction in progress
25,260

 
25,643

Investment in hotel properties
$
7,063,667

 
$
7,077,623

Less: Accumulated depreciation
(642,629
)
 
(543,430
)
Investment in hotel properties, net
$
6,421,038

 
$
6,534,193