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INVESTMENT IN HOTEL PROPERTIES, NET - Schedule of investment in hotel properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investment in Hotel Properties    
Investment in hotel properties at cost $ 2,422,428 $ 2,350,559
Less - accumulated depreciation and amortization (339,823) (291,067)
Investment in hotel properties, net 2,082,605 2,059,492
Land    
Investment in Hotel Properties    
Investment in hotel properties at cost 290,782 272,932
Hotel buildings and improvements    
Investment in Hotel Properties    
Investment in hotel properties at cost 1,899,906 1,868,273
Intangible assets    
Investment in Hotel Properties    
Investment in hotel properties at cost 22,064 22,764
Construction in progress    
Investment in Hotel Properties    
Investment in hotel properties at cost 20,219 12,464
Furniture, fixtures and equipment    
Investment in Hotel Properties    
Investment in hotel properties at cost $ 189,457 $ 174,126