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Investment in Hotel Properties (Tables)
 12 Months Ended
Dec. 31, 2019
Real Estate [Abstract]  
Schedule of Investment in Hotel Properties
Investment in hotel properties as of December 31, 2019 and 2018 consisted of the following (in thousands):
 
 
December 31,
2019
 
December 31, 2018
Land
$
1,042,198

 
$
1,056,862

Buildings and improvements
4,998,108

 
5,440,513

Furniture, fixtures and equipment
522,631

 
462,620

Capital lease asset
134,063

 
91,985

Construction in progress
35,637

 
25,643

 
$
6,732,637

 
$
7,077,623

Right-of-use asset, operating leases
335,272

 
—

Investment in hotel properties
$
7,067,909

 
$
7,077,623

Less: Accumulated depreciation
(735,322
)
 
(543,430
)
Investment in hotel properties, net
$
6,332,587

 
$
6,534,193