INVESTMENT IN HOTEL PROPERTIES - Allocation of aggregate purchase price (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired
Land	$ 44,868	$ 25,083
Hotel buildings and improvements	219,410	42,676
Furniture, fixtures and equipment	12,995	3,300
Other assets	1,103	123
Total assets acquired	278,376	71,182
Less other liabilities	(79)	(180)
Net assets acquired	278,297	71,002
Net assets acquired, excluding purchases adjustments and transaction costs	274,500	71,000
Purchase of adjacent land parcels	2,400
Purchase of net working capital assets	1,000
Capitalized transaction costs	$ 400	100
Purchase at settlement of net working capital liabilities		$ 100