XML 51 R37.htm IDEA: XBRL DOCUMENT v3.19.3
Investment in Hotel Properties (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2018
Sep. 30, 2018
Sep. 30, 2018
Sep. 30, 2019
Dec. 31, 2018
Investment in hotel properties          
Land       $ 1,046,510,000 $ 1,056,862,000
Buildings and improvements       5,021,865,000 5,440,513,000
Furniture, fixtures and equipment       540,848,000 462,620,000
Right-of-use asset, operating leases       342,576,000 0
Capital lease asset       65,382,000 91,985,000
Construction in progress       20,154,000 25,643,000
Investment in hotel properties       7,037,335,000 7,077,623,000
Less: Accumulated depreciation       (707,367,000) (543,430,000)
Investment in hotel properties, net       6,329,968,000 $ 6,534,193,000
Present value of lease liabilities       $ 256,167,000  
LaPlaya Beach Resort and Club          
Real Estate Properties [Line Items]          
Insurance settlement $ 20,500,000        
Gain on insurance settlement   $ 0 $ 13,100,000    
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