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Investment in Hotel Properties, net - Schedule of Investments in Hotel Properties, net (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Investments, All Other Investments [Abstract]    
Land and improvements $ 296,888 $ 296,884
Building and improvements 1,222,072 1,216,849
Furniture, fixtures and equipment 85,068 81,707
Renovations in progress 28,652 31,589
Investment in hotel properties, at cost 1,632,680 1,627,029
Less: accumulated depreciation (292,902) (279,913)
Investment in hotel properties, net $ 1,339,778 $ 1,347,116