INVESTMENT IN HOTEL PROPERTIES, NET - Allocation of aggregate purchase prices (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
2017 acquisitions
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired
Land	$ 7,999
Hotel buildings and improvements	49,027
Furniture, fixtures and equipment	3,150
Other assets	360
Total assets acquired	60,536
Less - other liabilities assumed	(69)
Net assets acquired	60,467
Settlement amount of net working capital assets	$ 300
2016 acquisitions
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired
Land		$ 12,173
Hotel buildings and improvements		94,697
Furniture, fixtures and equipment		2,130
Other assets		383
Total assets acquired		109,383
Less - other liabilities assumed		(201)
Net assets acquired		109,182
Settlement amount of net working capital assets		$ 200