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INVESTMENT IN HOTEL PROPERTIES, NET - Pro forma financial information (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
hotel
$ / shares
Sep. 30, 2016
USD ($)
$ / shares
Sep. 30, 2017
USD ($)
hotel
$ / shares
Sep. 30, 2016
USD ($)
$ / shares
Business Combinations [Abstract]        
Number of hotels owed | hotel 79   79  
Revenues $ 136,369 $ 135,373 $ 405,289 $ 408,104
Income from hotel operations 50,458 52,250 152,282 160,450
Net income before taxes 14,234 25,181 58,044 79,569
Net income 14,465 26,426 57,431 76,108
Net income attributable to common stockholders, net of amount allocated to participating securities (1) $ 10,162 $ 21,275 $ 44,359 $ 62,357
Basic net income per share attributable to common shareholders (in dollars per share) | $ / shares $ 0.10 $ 0.25 $ 0.45 $ 0.72
Diluted net income per share attributable to common shareholders (in dollars per share) | $ / shares $ 0.10 $ 0.24 $ 0.45 $ 0.71
Real estate tax expense, depreciation expense, interest expense, and other corporate expenses $ 46,200 $ 34,300 $ 124,300 $ 110,900