INVESTMENT IN HOTEL PROPERTIES, NET - Allocation of aggregate purchase prices (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Sep. 30, 2016
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired
Land	$ 63,339	$ 23,288
Hotel buildings and improvements	328,395	143,195
Intangible assets	16,162	442
Furniture, fixtures and equipment	16,294	2,948
Other assets	1,937	504
Total assets acquired	426,127	170,377
Less - other liabilities assumed	(1,354)	(723)
Net assets acquired	424,773	169,654
Settlement amount of net working capital assets	600
Other assets and capitalized transaction costs	$ 2,200
Settlement amount of net liabilities		$ 700