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INVESTMENT IN HOTEL PROPERTIES, NET - Allocation of aggregate purchase prices (Details)
$ in Thousands
Jun. 30, 2017
USD ($)
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired  
Land $ 61,616
Hotel buildings and improvements 274,961
Intangible assets 15,710
Furniture, fixtures and equipment 14,314
Other assets 1,775
Total assets acquired 368,376
Less - other liabilities assumed (990)
Net assets acquired $ 367,386