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INVESTMENT IN HOTEL PROPERTIES, NET - Schedule of investment in hotel properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investment in Hotel Properties    
Investment in hotel properties at cost $ 1,814,555 $ 1,763,739
Less - accumulated depreciation (236,804) (224,871)
Investment in hotel properties, net 1,577,751 1,538,868
Land    
Investment in Hotel Properties    
Investment in hotel properties at cost 185,269 178,423
Hotel buildings and improvements    
Investment in Hotel Properties    
Investment in hotel properties at cost 1,473,573 1,433,389
Construction in progress    
Investment in Hotel Properties    
Investment in hotel properties at cost 20,019 22,490
Furniture, fixtures and equipment    
Investment in Hotel Properties    
Investment in hotel properties at cost $ 135,694 $ 129,437