XML 42 R37.htm IDEA: XBRL DOCUMENT v3.19.2
Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2018
Jun. 30, 2019
Dec. 31, 2018
Investment in hotel properties        
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 0
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
Present value of lease liabilities     $ 247,153  
LaPlaya Beach Resort and Club        
Real Estate Properties [Line Items]        
Insurance settlement   $ 20,500    
Gain on insurance settlement $ 8,200 $ 13,100    
Minimum        
Real Estate Properties [Line Items]        
Operating lease, incremental rate     5.50%  
Operating lease, term     10 years  
Maximum        
Real Estate Properties [Line Items]        
Operating lease, incremental rate     7.60%  
Operating lease, term     88 years