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INVESTMENT IN HOTEL PROPERTIES, NET - Allocation of aggregate purchase prices (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Sep. 30, 2017
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired    
Land $ 25,083 $ 63,339
Hotel buildings and improvements 42,676 328,395
Intangible assets 0 16,162
Furniture, fixtures and equipment 3,300 16,294
Other assets 185 1,937
Total assets acquired 71,244 426,127
Less - other liabilities assumed (242) (1,354)
Net assets acquired $ 71,002 $ 424,773