Schedule III - Real Estate and Accumulated Depreciation - Schedule of Real Estate (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Initial Cost
Land	$ 282,413
Building & Improvements	2,045,686
Cost Capitalized Subsequent to Acquisition	27,623
Total Cost
Land	279,867
Building & Improvements	2,075,856
Total	2,355,723	$ 1,848,673	$ 1,683,803	$ 1,527,569
Accumulated Depreciation	(290,066)	$ (241,760)	$ (212,207)	$ (179,455)
Total Cost Net of Accumulated Depreciation	2,065,657
Mortgage Debt	343,109
Land parcels
Initial Cost
Land	8,105
Building & Improvements	0
Cost Capitalized Subsequent to Acquisition	(2,545)
Total Cost
Land	5,559
Building & Improvements	0
Total	5,559
Accumulated Depreciation	0
Total Cost Net of Accumulated Depreciation	5,559
Mortgage Debt	0
Aliso Viejo, CA | Homewood Suites
Initial Cost
Land	5,599
Building & Improvements	32,367
Cost Capitalized Subsequent to Acquisition	140
Total Cost
Land	5,599
Building & Improvements	32,508
Total	38,107
Accumulated Depreciation	(1,101)
Total Cost Net of Accumulated Depreciation	37,006
Mortgage Debt	0
Arlington, TX | Courtyard by Marriott
Initial Cost
Land	1,497
Building & Improvements	15,573
Cost Capitalized Subsequent to Acquisition	(98)
Total Cost
Land	1,497
Building & Improvements	15,475
Total	16,972
Accumulated Depreciation	(3,072)
Total Cost Net of Accumulated Depreciation	13,900
Mortgage Debt	22,773
Arlington, TX | Hyatt Place
Initial Cost
Land	650
Building & Improvements	9,946
Cost Capitalized Subsequent to Acquisition	249
Total Cost
Land	650
Building & Improvements	10,195
Total	10,845
Accumulated Depreciation	(3,313)
Total Cost Net of Accumulated Depreciation	7,532
Mortgage Debt	0
Arlington, TX | Residence Inn
Initial Cost
Land	1,646
Building & Improvements	15,440
Cost Capitalized Subsequent to Acquisition	(186)
Total Cost
Land	1,646
Building & Improvements	15,254
Total	16,900
Accumulated Depreciation	(2,578)
Total Cost Net of Accumulated Depreciation	14,322
Mortgage Debt	0
Asheville, NC | Hotel Indigo
Initial Cost
Land	2,100
Building & Improvements	34,755
Cost Capitalized Subsequent to Acquisition	730
Total Cost
Land	2,100
Building & Improvements	35,485
Total	37,585
Accumulated Depreciation	(3,476)
Total Cost Net of Accumulated Depreciation	34,109
Mortgage Debt	0
Atlanta, GA | AC Hotel by Marriott
Initial Cost
Land	5,670
Building & Improvements	51,922
Cost Capitalized Subsequent to Acquisition	159
Total Cost
Land	5,670
Building & Improvements	52,081
Total	57,751
Accumulated Depreciation	(931)
Total Cost Net of Accumulated Depreciation	56,820
Mortgage Debt	0
Atlanta, GA | Courtyard by Marriott
Initial Cost
Land	2,050
Building & Improvements	27,969
Cost Capitalized Subsequent to Acquisition	96
Total Cost
Land	2,050
Building & Improvements	28,065
Total	30,115
Accumulated Depreciation	(5,994)
Total Cost Net of Accumulated Depreciation	24,121
Mortgage Debt	0
Atlanta, GA | Residence Inn
Initial Cost
Land	3,381
Building & Improvements	34,820
Cost Capitalized Subsequent to Acquisition	165
Total Cost
Land	3,381
Building & Improvements	34,985
Total	38,366
Accumulated Depreciation	(2,369)
Total Cost Net of Accumulated Depreciation	35,997
Mortgage Debt	0
Austin, TX | Corporate Office
Initial Cost
Land	0
Building & Improvements	6,048
Cost Capitalized Subsequent to Acquisition	0
Total Cost
Land	0
Building & Improvements	6,048
Total	6,048
Accumulated Depreciation	(731)
Total Cost Net of Accumulated Depreciation	5,317
Mortgage Debt	0
Austin, TX | Hampton Inn & Suites
Initial Cost
Land	0
Building & Improvements	56,394
Cost Capitalized Subsequent to Acquisition	770
Total Cost
Land	0
Building & Improvements	57,164
Total	57,164
Accumulated Depreciation	(6,610)
Total Cost Net of Accumulated Depreciation	50,554
Mortgage Debt	0
Baltimore, MD | Hampton Inn & Suites
Initial Cost
Land	2,205
Building & Improvements	16,013
Cost Capitalized Subsequent to Acquisition	224
Total Cost
Land	2,205
Building & Improvements	16,237
Total	18,442
Accumulated Depreciation	(680)
Total Cost Net of Accumulated Depreciation	17,762
Mortgage Debt	0
Baltimore, MD | Residence Inn
Initial Cost
Land	1,986
Building & Improvements	37,016
Cost Capitalized Subsequent to Acquisition	629
Total Cost
Land	1,986
Building & Improvements	37,645
Total	39,631
Accumulated Depreciation	(1,406)
Total Cost Net of Accumulated Depreciation	38,225
Mortgage Debt	0
Birmingham Liberty Park, AL | Hilton Garden Inn
Initial Cost
Land	1,400
Building & Improvements	9,131
Cost Capitalized Subsequent to Acquisition	160
Total Cost
Land	1,400
Building & Improvements	9,291
Total	10,691
Accumulated Depreciation	(2,982)
Total Cost Net of Accumulated Depreciation	7,709
Mortgage Debt	4,926
Birmingham Lakeshore, AL | Hilton Garden Inn
Initial Cost
Land	1,400
Building & Improvements	12,021
Cost Capitalized Subsequent to Acquisition	45
Total Cost
Land	1,400
Building & Improvements	12,066
Total	13,466
Accumulated Depreciation	(3,063)
Total Cost Net of Accumulated Depreciation	10,403
Mortgage Debt	5,769
Bloomington, MN | Hampton Inn & Suites
Initial Cost
Land	1,658
Building & Improvements	15,223
Cost Capitalized Subsequent to Acquisition	70
Total Cost
Land	1,658
Building & Improvements	15,293
Total	16,951
Accumulated Depreciation	(5,202)
Total Cost Net of Accumulated Depreciation	11,749
Mortgage Debt	0
Bloomington, MN | SpringHill Suites
Initial Cost
Land	1,658
Building & Improvements	14,761
Cost Capitalized Subsequent to Acquisition	34
Total Cost
Land	1,658
Building & Improvements	14,795
Total	16,453
Accumulated Depreciation	(4,768)
Total Cost Net of Accumulated Depreciation	11,685
Mortgage Debt	0
Boulder, CO | Marriott
Initial Cost
Land	11,115
Building & Improvements	49,204
Cost Capitalized Subsequent to Acquisition	4,011
Total Cost
Land	11,115
Building & Improvements	53,215
Total	64,330
Accumulated Depreciation	(2,902)
Total Cost Net of Accumulated Depreciation	61,428
Mortgage Debt	0
Branchburg, NJ | Residence Inn
Initial Cost
Land	2,374
Building & Improvements	24,411
Cost Capitalized Subsequent to Acquisition	191
Total Cost
Land	2,374
Building & Improvements	24,602
Total	26,976
Accumulated Depreciation	(2,503)
Total Cost Net of Accumulated Depreciation	24,473
Mortgage Debt	0
Brisbane, CA | DoubleTree
Initial Cost
Land	3,300
Building & Improvements	39,686
Cost Capitalized Subsequent to Acquisition	652
Total Cost
Land	3,300
Building & Improvements	40,338
Total	43,638
Accumulated Depreciation	(7,675)
Total Cost Net of Accumulated Depreciation	35,963
Mortgage Debt	0
Camarillo, CA | Hampton Inn & Suites
Initial Cost
Land	2,200
Building & Improvements	17,366
Cost Capitalized Subsequent to Acquisition	109
Total Cost
Land	2,200
Building & Improvements	17,475
Total	19,675
Accumulated Depreciation	(3,476)
Total Cost Net of Accumulated Depreciation	16,199
Mortgage Debt	0
Charleston, WV | Country Inn & Suites
Initial Cost
Land	1,042
Building & Improvements	5,175
Cost Capitalized Subsequent to Acquisition	23
Total Cost
Land	1,042
Building & Improvements	5,198
Total	6,240
Accumulated Depreciation	(2,478)
Total Cost Net of Accumulated Depreciation	3,762
Mortgage Debt	0
Charleston, WV | Holiday Inn Express
Initial Cost
Land	907
Building & Improvements	5,053
Cost Capitalized Subsequent to Acquisition	20
Total Cost
Land	907
Building & Improvements	5,073
Total	5,980
Accumulated Depreciation	(2,479)
Total Cost Net of Accumulated Depreciation	3,501
Mortgage Debt	0
Charlotte, NC | Courtyard by Marriott
Initial Cost
Land	0
Building & Improvements	41,094
Cost Capitalized Subsequent to Acquisition	146
Total Cost
Land	0
Building & Improvements	41,240
Total	41,240
Accumulated Depreciation	(894)
Total Cost Net of Accumulated Depreciation	40,346
Mortgage Debt	0
Chicago, IL | Hyatt Place
Initial Cost
Land	5,395
Building & Improvements	68,355
Cost Capitalized Subsequent to Acquisition	77
Total Cost
Land	5,395
Building & Improvements	68,432
Total	73,827
Accumulated Depreciation	(3,613)
Total Cost Net of Accumulated Depreciation	70,214
Mortgage Debt	0
Cleveland, OH | Residence Inn
Initial Cost
Land	10,075
Building & Improvements	33,340
Cost Capitalized Subsequent to Acquisition	18
Total Cost
Land	10,075
Building & Improvements	33,358
Total	43,433
Accumulated Depreciation	(155)
Total Cost Net of Accumulated Depreciation	43,278
Mortgage Debt	0
Decatur, GA | Courtyard by Marriott
Initial Cost
Land	4,046
Building & Improvements	34,151
Cost Capitalized Subsequent to Acquisition	726
Total Cost
Land	4,046
Building & Improvements	34,877
Total	38,923
Accumulated Depreciation	(3,441)
Total Cost Net of Accumulated Depreciation	35,482
Mortgage Debt	0
Duluth, GA | Hilton Garden Inn
Initial Cost
Land	2,200
Building & Improvements	12,694
Cost Capitalized Subsequent to Acquisition	129
Total Cost
Land	2,200
Building & Improvements	12,823
Total	15,023
Accumulated Depreciation	(3,709)
Total Cost Net of Accumulated Depreciation	11,314
Mortgage Debt	0
Duluth, GA | Holiday Inn
Initial Cost
Land	0
Building & Improvements	7,466
Cost Capitalized Subsequent to Acquisition	61
Total Cost
Land	0
Building & Improvements	7,527
Total	7,527
Accumulated Depreciation	(2,132)
Total Cost Net of Accumulated Depreciation	5,395
Mortgage Debt	0
Eden Prairie, MN | Hilton Garden Inn
Initial Cost
Land	1,800
Building & Improvements	11,211
Cost Capitalized Subsequent to Acquisition	85
Total Cost
Land	1,800
Building & Improvements	11,296
Total	13,096
Accumulated Depreciation	(2,721)
Total Cost Net of Accumulated Depreciation	10,375
Mortgage Debt	0
Englewood, CO | Hyatt House
Initial Cost
Land	2,700
Building & Improvements	16,267
Cost Capitalized Subsequent to Acquisition	83
Total Cost
Land	2,700
Building & Improvements	16,350
Total	19,050
Accumulated Depreciation	(4,591)
Total Cost Net of Accumulated Depreciation	14,459
Mortgage Debt	0
Englewood, CO | Hyatt Place
Initial Cost
Land	2,000
Building & Improvements	11,950
Cost Capitalized Subsequent to Acquisition	(646)
Total Cost
Land	2,000
Building & Improvements	11,304
Total	13,304
Accumulated Depreciation	(2,843)
Total Cost Net of Accumulated Depreciation	10,461
Mortgage Debt	0
Fort Lauderdale, FL | Courtyard by Marriott
Initial Cost
Land	37,950
Building & Improvements	47,002
Cost Capitalized Subsequent to Acquisition	265
Total Cost
Land	37,950
Building & Improvements	47,267
Total	85,217
Accumulated Depreciation	(1,481)
Total Cost Net of Accumulated Depreciation	83,736
Mortgage Debt	0
Fort Myers, FL | Hyatt Place
Initial Cost
Land	1,878
Building & Improvements	12,666
Cost Capitalized Subsequent to Acquisition	954
Total Cost
Land	1,878
Building & Improvements	13,620
Total	15,498
Accumulated Depreciation	(2,840)
Total Cost Net of Accumulated Depreciation	12,658
Mortgage Debt	0
Fort Worth, TX | Courtyard by Marriott
Initial Cost
Land	1,920
Building & Improvements	38,070
Cost Capitalized Subsequent to Acquisition	345
Total Cost
Land	1,920
Building & Improvements	38,416
Total	40,336
Accumulated Depreciation	(1,145)
Total Cost Net of Accumulated Depreciation	39,191
Mortgage Debt	0
Garden City, NY | Hyatt Place
Initial Cost
Land	4,200
Building & Improvements	27,775
Cost Capitalized Subsequent to Acquisition	42
Total Cost
Land	4,200
Building & Improvements	27,817
Total	32,017
Accumulated Depreciation	(3,874)
Total Cost Net of Accumulated Depreciation	28,143
Mortgage Debt	0
Glendale, CO | Staybridge Suites
Initial Cost
Land	2,100
Building & Improvements	10,151
Cost Capitalized Subsequent to Acquisition	227
Total Cost
Land	2,100
Building & Improvements	10,378
Total	12,478
Accumulated Depreciation	(2,647)
Total Cost Net of Accumulated Depreciation	9,831
Mortgage Debt	0
Goleta, CA | Hampton Inn
Initial Cost
Land	4,100
Building & Improvements	26,191
Cost Capitalized Subsequent to Acquisition	905
Total Cost
Land	4,100
Building & Improvements	27,096
Total	31,196
Accumulated Depreciation	(3,449)
Total Cost Net of Accumulated Depreciation	27,747
Mortgage Debt	11,019
Greenville, SC | Hilton Garden Inn
Initial Cost
Land	1,200
Building & Improvements	14,566
Cost Capitalized Subsequent to Acquisition	2,291
Total Cost
Land	1,200
Building & Improvements	16,857
Total	18,057
Accumulated Depreciation	(2,704)
Total Cost Net of Accumulated Depreciation	15,353
Mortgage Debt	0
Hoffman Estates, IL | Hyatt Place
Initial Cost
Land	1,900
Building & Improvements	8,917
Cost Capitalized Subsequent to Acquisition	44
Total Cost
Land	1,900
Building & Improvements	8,961
Total	10,861
Accumulated Depreciation	(2,690)
Total Cost Net of Accumulated Depreciation	8,171
Mortgage Debt	20,211
Houston (Energy Corridor), TX | Hilton Garden Inn
Initial Cost
Land	2,800
Building & Improvements	33,777
Cost Capitalized Subsequent to Acquisition	775
Total Cost
Land	2,800
Building & Improvements	34,552
Total	37,352
Accumulated Depreciation	(3,496)
Total Cost Net of Accumulated Depreciation	33,856
Mortgage Debt	16,431
Houston, TX | Hilton Garden Inn
Initial Cost
Land	0
Building & Improvements	41,838
Cost Capitalized Subsequent to Acquisition	406
Total Cost
Land	0
Building & Improvements	42,244
Total	42,244
Accumulated Depreciation	(7,143)
Total Cost Net of Accumulated Depreciation	35,101
Mortgage Debt	0
Hunt Valley, MD | Residence Inn
Initial Cost
Land	0
Building & Improvements	35,436
Cost Capitalized Subsequent to Acquisition	105
Total Cost
Land	0
Building & Improvements	35,541
Total	35,541
Accumulated Depreciation	(3,421)
Total Cost Net of Accumulated Depreciation	32,120
Mortgage Debt	0
Indianapolis, IN | Courtyard by Marriott
Initial Cost
Land	7,788
Building & Improvements	54,384
Cost Capitalized Subsequent to Acquisition	(659)
Total Cost
Land	7,788
Building & Improvements	53,725
Total	61,513
Accumulated Depreciation	(8,158)
Total Cost Net of Accumulated Depreciation	53,355
Mortgage Debt	0
Indianapolis, IN | SpringHill Suites
Initial Cost
Land	4,012
Building & Improvements	27,910
Cost Capitalized Subsequent to Acquisition	88
Total Cost
Land	4,012
Building & Improvements	27,998
Total	32,010
Accumulated Depreciation	(4,251)
Total Cost Net of Accumulated Depreciation	27,759
Mortgage Debt	40,015
Kansas City, MO | Courtyard by Marriott
Initial Cost
Land	3,955
Building & Improvements	20,608
Cost Capitalized Subsequent to Acquisition	286
Total Cost
Land	3,955
Building & Improvements	20,894
Total	24,849
Accumulated Depreciation	(582)
Total Cost Net of Accumulated Depreciation	24,267
Mortgage Debt	0
Lombard, IL | Hyatt Place
Initial Cost
Land	1,550
Building & Improvements	17,351
Cost Capitalized Subsequent to Acquisition	61
Total Cost
Land	1,550
Building & Improvements	17,412
Total	18,962
Accumulated Depreciation	(4,695)
Total Cost Net of Accumulated Depreciation	14,267
Mortgage Debt	26,928
Lone Tree, CO | Hyatt Place
Initial Cost
Land	1,300
Building & Improvements	11,704
Cost Capitalized Subsequent to Acquisition	85
Total Cost
Land	1,300
Building & Improvements	11,789
Total	13,089
Accumulated Depreciation	(3,700)
Total Cost Net of Accumulated Depreciation	9,389
Mortgage Debt	0
Louisville, KY | Fairfield Inn & Suites
Initial Cost
Land	3,120
Building & Improvements	24,231
Cost Capitalized Subsequent to Acquisition	73
Total Cost
Land	3,120
Building & Improvements	24,304
Total	27,424
Accumulated Depreciation	(5,005)
Total Cost Net of Accumulated Depreciation	22,419
Mortgage Debt	36,093
Louisville, KY | SpringHill Suites
Initial Cost
Land	4,880
Building & Improvements	37,361
Cost Capitalized Subsequent to Acquisition	283
Total Cost
Land	4,880
Building & Improvements	37,644
Total	42,524
Accumulated Depreciation	(8,095)
Total Cost Net of Accumulated Depreciation	34,429
Mortgage Debt	0
Mesa, AZ | Hyatt Place
Initial Cost
Land	2,400
Building & Improvements	19,848
Cost Capitalized Subsequent to Acquisition	312
Total Cost
Land	2,400
Building & Improvements	20,160
Total	22,560
Accumulated Depreciation	(1,147)
Total Cost Net of Accumulated Depreciation	21,413
Mortgage Debt	0
Metairie, LA | Courtyard by Marriott
Initial Cost
Land	1,860
Building & Improvements	25,168
Cost Capitalized Subsequent to Acquisition	139
Total Cost
Land	1,860
Building & Improvements	25,307
Total	27,167
Accumulated Depreciation	(5,607)
Total Cost Net of Accumulated Depreciation	21,560
Mortgage Debt	0
Metairie, LA | Residence Inn
Initial Cost
Land	1,791
Building & Improvements	23,386
Cost Capitalized Subsequent to Acquisition	93
Total Cost
Land	1,791
Building & Improvements	23,479
Total	25,270
Accumulated Depreciation	(4,804)
Total Cost Net of Accumulated Depreciation	20,466
Mortgage Debt	0
Miami, FL | Hyatt House
Initial Cost
Land	4,926
Building & Improvements	40,087
Cost Capitalized Subsequent to Acquisition	147
Total Cost
Land	4,926
Building & Improvements	40,234
Total	45,160
Accumulated Depreciation	(3,417)
Total Cost Net of Accumulated Depreciation	41,743
Mortgage Debt	0
Minneapolis, MN | Hampton Inn & Suites
Initial Cost
Land	3,502
Building & Improvements	35,433
Cost Capitalized Subsequent to Acquisition	19
Total Cost
Land	3,502
Building & Improvements	35,452
Total	38,954
Accumulated Depreciation	(4,690)
Total Cost Net of Accumulated Depreciation	34,264
Mortgage Debt	0
Minneapolis, MN | Holiday Inn Express & Suites
Initial Cost
Land	1,000
Building & Improvements	7,662
Cost Capitalized Subsequent to Acquisition	107
Total Cost
Land	1,000
Building & Improvements	7,769
Total	8,769
Accumulated Depreciation	(1,998)
Total Cost Net of Accumulated Depreciation	6,771
Mortgage Debt	0
Minneapolis, MN | Hyatt Place
Initial Cost
Land	0
Building & Improvements	34,026
Cost Capitalized Subsequent to Acquisition	491
Total Cost
Land	0
Building & Improvements	34,517
Total	34,517
Accumulated Depreciation	(5,326)
Total Cost Net of Accumulated Depreciation	29,191
Mortgage Debt	0
Nashville, TN | Courtyard by Marriott
Initial Cost
Land	8,792
Building & Improvements	62,759
Cost Capitalized Subsequent to Acquisition	281
Total Cost
Land	8,792
Building & Improvements	63,040
Total	71,832
Accumulated Depreciation	(4,297)
Total Cost Net of Accumulated Depreciation	67,535
Mortgage Debt	0
Nashville, TN | SpringHill Suites
Initial Cost
Land	777
Building & Improvements	5,598
Cost Capitalized Subsequent to Acquisition	146
Total Cost
Land	777
Building & Improvements	5,744
Total	6,521
Accumulated Depreciation	(3,143)
Total Cost Net of Accumulated Depreciation	3,378
Mortgage Debt	0
New Haven, CT | Courtyard by Marriott
Initial Cost
Land	11,990
Building & Improvements	51,497
Cost Capitalized Subsequent to Acquisition	3
Total Cost
Land	11,990
Building & Improvements	51,500
Total	63,490
Accumulated Depreciation	(173)
Total Cost Net of Accumulated Depreciation	63,317
Mortgage Debt	0
New Orleans (French Quarter), LA | Courtyard by Marriott
Initial Cost
Land	1,944
Building & Improvements	25,120
Cost Capitalized Subsequent to Acquisition	3,382
Total Cost
Land	1,944
Building & Improvements	28,502
Total	30,446
Accumulated Depreciation	(6,059)
Total Cost Net of Accumulated Depreciation	24,387
Mortgage Debt	0
New Orleans, LA | Courtyard by Marriott
Initial Cost
Land	2,490
Building & Improvements	34,220
Cost Capitalized Subsequent to Acquisition	337
Total Cost
Land	2,490
Building & Improvements	34,557
Total	37,047
Accumulated Depreciation	(7,752)
Total Cost Net of Accumulated Depreciation	29,295
Mortgage Debt	0
New Orleans, LA | SpringHill Suites
Initial Cost
Land	2,046
Building & Improvements	33,270
Cost Capitalized Subsequent to Acquisition	6,769
Total Cost
Land	2,046
Building & Improvements	40,039
Total	42,085
Accumulated Depreciation	(6,644)
Total Cost Net of Accumulated Depreciation	35,441
Mortgage Debt	23,130
Norwood, MA | Hampton Inn
Initial Cost
Land	2,000
Building & Improvements	23,922
Cost Capitalized Subsequent to Acquisition	(853)
Total Cost
Land	2,000
Building & Improvements	23,069
Total	25,069
Accumulated Depreciation	(2,548)
Total Cost Net of Accumulated Depreciation	22,521
Mortgage Debt	0
Orlando, FL | Hyatt House
Initial Cost
Land	2,800
Building & Improvements	20,993
Cost Capitalized Subsequent to Acquisition	0
Total Cost
Land	2,800
Building & Improvements	20,993
Total	23,793
Accumulated Depreciation	0
Total Cost Net of Accumulated Depreciation	23,793
Mortgage Debt	0
Owings Mills, MD | Hyatt Place
Initial Cost
Land	2,100
Building & Improvements	9,799
Cost Capitalized Subsequent to Acquisition	(481)
Total Cost
Land	2,100
Building & Improvements	9,318
Total	11,418
Accumulated Depreciation	(2,298)
Total Cost Net of Accumulated Depreciation	9,120
Mortgage Debt	20,877
Orlando (Convention), FL | Hyatt Place
Initial Cost
Land	3,100
Building & Improvements	11,343
Cost Capitalized Subsequent to Acquisition	134
Total Cost
Land	3,100
Building & Improvements	11,477
Total	14,577
Accumulated Depreciation	(3,893)
Total Cost Net of Accumulated Depreciation	10,684
Mortgage Debt	0
Orlando (Universal), FL | Hyatt Place
Initial Cost
Land	2,716
Building & Improvements	11,221
Cost Capitalized Subsequent to Acquisition	140
Total Cost
Land	2,716
Building & Improvements	11,361
Total	14,077
Accumulated Depreciation	(3,838)
Total Cost Net of Accumulated Depreciation	10,239
Mortgage Debt	0
Phoenix, AZ | Hyatt Place
Initial Cost
Land	582
Building & Improvements	5,147
Cost Capitalized Subsequent to Acquisition	(141)
Total Cost
Land	582
Building & Improvements	5,006
Total	5,588
Accumulated Depreciation	(1,071)
Total Cost Net of Accumulated Depreciation	4,517
Mortgage Debt	0
Pittsburgh, PA | Courtyard by Marriott
Initial Cost
Land	1,652
Building & Improvements	40,749
Cost Capitalized Subsequent to Acquisition	211
Total Cost
Land	1,652
Building & Improvements	40,960
Total	42,612
Accumulated Depreciation	(875)
Total Cost Net of Accumulated Depreciation	41,737
Mortgage Debt	0
Portland, OR | Hyatt Place
Initial Cost
Land	0
Building & Improvements	14,700
Cost Capitalized Subsequent to Acquisition	15
Total Cost
Land	0
Building & Improvements	14,715
Total	14,715
Accumulated Depreciation	(3,187)
Total Cost Net of Accumulated Depreciation	11,528
Mortgage Debt	0
Portland, OR | Residence Inn
Initial Cost
Land	0
Building & Improvements	15,629
Cost Capitalized Subsequent to Acquisition	111
Total Cost
Land	0
Building & Improvements	15,740
Total	15,740
Accumulated Depreciation	(4,088)
Total Cost Net of Accumulated Depreciation	11,652
Mortgage Debt	18,046
Poway, CA | Hampton Inn & Suites
Initial Cost
Land	2,300
Building & Improvements	14,728
Cost Capitalized Subsequent to Acquisition	1,041
Total Cost
Land	2,300
Building & Improvements	15,769
Total	18,069
Accumulated Depreciation	(2,059)
Total Cost Net of Accumulated Depreciation	16,010
Mortgage Debt	0
Provo, UT | Hampton Inn
Initial Cost
Land	909
Building & Improvements	5,016
Cost Capitalized Subsequent to Acquisition	31
Total Cost
Land	909
Building & Improvements	5,047
Total	5,956
Accumulated Depreciation	(2,782)
Total Cost Net of Accumulated Depreciation	3,174
Mortgage Debt	0
Salt Lake City, UT | Residence Inn
Initial Cost
Land	2,392
Building & Improvements	24,719
Cost Capitalized Subsequent to Acquisition	247
Total Cost
Land	2,392
Building & Improvements	24,966
Total	27,358
Accumulated Depreciation	(6,254)
Total Cost Net of Accumulated Depreciation	21,104
Mortgage Debt	47,640
San Francisco, CA | Four Points
Initial Cost
Land	1,200
Building & Improvements	21,397
Cost Capitalized Subsequent to Acquisition	102
Total Cost
Land	1,200
Building & Improvements	21,499
Total	22,699
Accumulated Depreciation	(4,317)
Total Cost Net of Accumulated Depreciation	18,382
Mortgage Debt	0
San Francisco, CA | Holiday Inn Express & Suites
Initial Cost
Land	15,545
Building & Improvements	49,469
Cost Capitalized Subsequent to Acquisition	1,317
Total Cost
Land	15,545
Building & Improvements	50,786
Total	66,331
Accumulated Depreciation	(10,654)
Total Cost Net of Accumulated Depreciation	55,677
Mortgage Debt	0
Sandy, UT | Holiday Inn Express & Suites
Initial Cost
Land	720
Building & Improvements	3,205
Cost Capitalized Subsequent to Acquisition	46
Total Cost
Land	720
Building & Improvements	3,251
Total	3,971
Accumulated Depreciation	(1,708)
Total Cost Net of Accumulated Depreciation	2,263
Mortgage Debt	35,865
Scottsdale, AZ | Courtyard by Marriott
Initial Cost
Land	3,225
Building & Improvements	12,571
Cost Capitalized Subsequent to Acquisition	358
Total Cost
Land	3,225
Building & Improvements	12,929
Total	16,154
Accumulated Depreciation	(5,740)
Total Cost Net of Accumulated Depreciation	10,414
Mortgage Debt	8,701
Scottsdale, AZ | Hyatt Place
Initial Cost
Land	1,500
Building & Improvements	10,171
Cost Capitalized Subsequent to Acquisition	(636)
Total Cost
Land	1,500
Building & Improvements	9,535
Total	11,035
Accumulated Depreciation	(2,242)
Total Cost Net of Accumulated Depreciation	8,793
Mortgage Debt	0
Scottsdale, AZ | SpringHill Suites
Initial Cost
Land	2,195
Building & Improvements	9,496
Cost Capitalized Subsequent to Acquisition	134
Total Cost
Land	2,195
Building & Improvements	9,630
Total	11,825
Accumulated Depreciation	(4,784)
Total Cost Net of Accumulated Depreciation	7,041
Mortgage Debt	4,685
Smyrna, TN | Hampton Inn & Suites
Initial Cost
Land	1,145
Building & Improvements	9,285
Cost Capitalized Subsequent to Acquisition	96
Total Cost
Land	1,145
Building & Improvements	9,381
Total	10,526
Accumulated Depreciation	(2,563)
Total Cost Net of Accumulated Depreciation	7,963
Mortgage Debt	0
Smyrna, TN | Hilton Garden Inn
Initial Cost
Land	1,188
Building & Improvements	12,411
Cost Capitalized Subsequent to Acquisition	239
Total Cost
Land	1,188
Building & Improvements	12,650
Total	13,838
Accumulated Depreciation	(2,938)
Total Cost Net of Accumulated Depreciation	10,900
Mortgage Debt	0
Tampa, FL | Hampton Inn & Suites
Initial Cost
Land	3,600
Building & Improvements	20,366
Cost Capitalized Subsequent to Acquisition	335
Total Cost
Land	3,600
Building & Improvements	20,701
Total	24,301
Accumulated Depreciation	(3,614)
Total Cost Net of Accumulated Depreciation	20,687
Mortgage Debt	0
Tucson, AZ | Homewood Suites
Initial Cost
Land	2,570
Building & Improvements	22,802
Cost Capitalized Subsequent to Acquisition	22
Total Cost
Land	2,570
Building & Improvements	22,824
Total	25,394
Accumulated Depreciation	(118)
Total Cost Net of Accumulated Depreciation	25,276
Mortgage Debt	0
Waltham, MA | Hilton Garden Inn
Initial Cost
Land	10,644
Building & Improvements	21,713
Cost Capitalized Subsequent to Acquisition	26
Total Cost
Land	10,644
Building & Improvements	21,739
Total	32,383
Accumulated Depreciation	(174)
Total Cost Net of Accumulated Depreciation	32,209
Mortgage Debt	$ 0