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INVESTMENT IN HOTEL PROPERTIES - Pro forma financial Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Real Estate [Abstract]    
Revenues $ 567,342 $ 562,030
Income from hotel operations 211,730 217,414
Net income 76,292 106,909
Net income attributable to common stockholders, net of amount allocated to participating securities $ 55,803 $ 85,761
Basic net income per share attributable to common stockholders (in dollars per share) $ 0.56 $ 0.99
Diluted net income per share attributable to common stockholders (in dollars per share) $ 0.56 $ 0.98
Pro forma real estate tax expense $ 31,900 $ 27,500
Pro forma real estate tax expense, depreciation expense, interest expense, and other corporate expenses $ 166,800 $ 139,300