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INVESTMENT IN HOTEL PROPERTIES, NET - Allocation of aggregate purchase prices (Details) - 2016 acquisitions
$ in Thousands
Mar. 31, 2016
USD ($)
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired  
Land $ 12,173
Hotel buildings and improvements 95,358
Furniture, fixtures and equipment 2,130
Other assets 383
Total assets acquired 110,044
Less other liabilities (862)
Net assets acquired $ 109,182