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Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Hotels Subject to Leases
As of June 30, 2021, the following hotels were subject to leases as follows:
Lease PropertiesLease TypeLease Expiration Date
Hotel Monaco Washington DCOperating leaseNovember 2059
Argonaut HotelOperating leaseDecember 2059
Hotel Zelos San FranciscoOperating leaseJune 2097
Hotel Zephyr Fisherman's WharfOperating leaseFebruary 2062
Hotel Palomar Los Angeles Beverly HillsOperating leaseJanuary 2107(1)
Restaurant at Southernmost Beach ResortOperating leaseApril 2029
Hyatt Regency Boston HarborOperating leaseApril 2077
San Diego Mission Bay ResortOperating leaseJuly 2068
Paradise Point Resort & SpaOperating leaseMay 2050
Hotel VitaleOperating leaseMarch 2070(2)
Viceroy Santa Monica HotelOperating leaseSeptember 2065
The Westin Copley Place, BostonOperating leaseDecember 2077(3)
The Liberty, A Luxury Collection Hotel, BostonOperating leaseMay 2080
Hotel Zeppelin San FranciscoOperating and finance leaseJune 2089(4)
Harbor Court Hotel San FranciscoFinance leaseAugust 2052
(1) The expiration date assumes the exercise of all 19 five-year extension options.
(2) The expiration date assumes the exercise of a 14-year extension option.
(3) No payments are required through maturity.
(4) The expiration date assumes the exercise of a 30-year extension option.
Schedule of Components of Ground Rent Expense The components of ground rent expense for the three and six months ended June 30, 2021 and 2020 are as follows (in thousands):
For the three months ended June 30,For the six months ended June 30,
2021202020212020
Fixed ground rent $4,290 $4,304 $8,603 $8,593 
Variable ground rent1,862 696 3,358 $2,744 
Total ground lease rent$6,152 $5,000 $11,961 $11,337 
Schedule of Operating Lease Future Maturity
Future maturities of lease liabilities for the Company's operating leases at June 30, 2021 were as follows (in thousands):
2021$9,278 
202218,849 
202318,034 
202418,119 
202518,203 
Thereafter1,127,864 
Total lease payments$1,210,347 
Less: Imputed interest(955,778)
Present value of lease liabilities$254,569