INVESTMENT IN HOTEL PROPERTIES, NET - Pro forma financial information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		5 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015
Business Acquisition [Line Items]
Net income before taxes				$ 32,641	$ 30,269
Gain on sale of properties	$ 2,700		$ 2,000	39,500
2016 and 2015 Acquisitions
Business Acquisition [Line Items]
Revenues	125,602	$ 118,073		239,906	224,805
Income from hotel operations	50,127	45,274		93,294	84,505
Net income before taxes	19,231	17,298
Net income	19,096	16,394		30,935	28,866
Net income attributable to common stockholders, net of amount allocated to participating securities	$ 14,819	$ 7,999		$ 26,562	$ 20,342
Basic net income per share attributable to common shareholders (in dollars per share)	$ 0.17	$ 0.09		$ 0.31	$ 0.24
Diluted net income per share attributable to common shareholders (in dollars per share)	$ 0.17	$ 0.09		$ 0.30	$ 0.23