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Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Hotels Subject to Leases
As of September 30, 2021, the following hotels were subject to leases as follows:
Lease PropertiesLease TypeLease Expiration Date
Restaurant at Southernmost Beach ResortOperating leaseApril 2029
Paradise Point Resort & SpaOperating leaseMay 2050
Hotel Monaco Washington DCOperating leaseNovember 2059
Argonaut HotelOperating leaseDecember 2059
Hotel Zephyr Fisherman's WharfOperating leaseFebruary 2062
Viceroy Santa Monica HotelOperating leaseSeptember 2065
San Diego Mission Bay ResortOperating leaseJuly 2068
Hotel VitaleOperating leaseMarch 2070(1)
Hyatt Regency Boston HarborOperating leaseApril 2077
The Westin Copley Place, BostonOperating leaseDecember 2077(2)
The Liberty, a Luxury Collection Hotel, BostonOperating leaseMay 2080
Jekyll Island Club Resort and RestaurantOperating leaseJanuary 2089
Hotel Zelos San FranciscoOperating leaseJune 2097
Hotel Palomar Los Angeles Beverly HillsOperating leaseJanuary 2107(3)
Margaritaville Hollywood Beach ResortOperating leaseJuly 2112
Hotel Zeppelin San FranciscoOperating and finance leaseJune 2089(4)
Harbor Court Hotel San FranciscoFinance leaseAugust 2052
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(1)     The expiration date assumes the exercise of a 14-year extension option.
(2)     No payments are required through maturity.
(3)     The expiration date assumes the exercise of all 19 five-year extension options.
(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 nine months ended September 30, 2021 and 2020 are as follows (in thousands):
For the three months ended September 30,For the nine months ended September 30,
2021202020212020
Fixed ground rent $3,929 $4,314 $12,532 $12,907 
Variable ground rent2,917 1,072 6,275 3,816 
Total ground rent$6,846 $5,386 $18,807 $16,723 
Schedule of Operating Lease Future Maturity
Future maturities of lease liabilities for the Company's operating leases at September 30, 2021 were as follows (in thousands):
2021$4,946 
202219,594 
202319,238 
202419,323 
202519,450 
Thereafter1,587,326 
Total lease payments$1,669,877 
Less: Imputed interest(1,367,736)
Present value of lease liabilities$302,141