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INVESTMENT IN HOTEL PROPERTIES - Pro forma financial Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Real Estate [Abstract]    
Revenues $ 572,262 $ 562,097
Income from hotel operations 215,372 215,931
Net income 57,909 71,478
Net income attributable to common stockholders, net of amount allocated to participating securities and non-controlling interests $ 33,671 $ 38,803
Basic net income per share attributable to common stockholders (in dollars per share) $ 0.32 $ 0.37
Diluted net income per share attributable to common stockholders (in dollars per share) $ 0.32 $ 0.37
Pro forma real estate tax expense, depreciation expense, interest expense, and other corporate expenses $ 197,100 $ 181,900
Pro forma premium on redemption of preferred stock   3,300
Pro forma, preferred dividends related to redeemed preferred stock   $ 1,800