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INVESTMENT IN HOTEL PROPERTIES, NET - Schedule of investment in hotel properties (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Investment in Hotel Properties    
Investment in hotel properties at cost $ 2,334,974 $ 2,350,559
Less - accumulated depreciation and amortization (320,387) (291,067)
Investment in hotel properties, net 2,014,587 2,059,492
Land    
Investment in Hotel Properties    
Investment in hotel properties at cost 265,699 272,932
Hotel buildings and improvements    
Investment in Hotel Properties    
Investment in hotel properties at cost 1,850,655 1,868,273
Intangible assets    
Investment in Hotel Properties    
Investment in hotel properties at cost 22,764 22,764
Construction in progress    
Investment in Hotel Properties    
Investment in hotel properties at cost 15,410 12,464
Furniture, fixtures and equipment    
Investment in Hotel Properties    
Investment in hotel properties at cost $ 180,446 $ 174,126