INVESTMENT IN HOTEL PROPERTIES, NET - Schedule of Investment in Hotel Properties, net (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Investment in Hotel Properties, net
Investment in hotel properties at cost	$ 2,596,582	$ 2,568,219
Less - accumulated depreciation	(490,636)	(383,987)
Investment in hotel properties, net	2,105,946	2,184,232
Real estate development loan
Investment in Hotel Properties, net
Investment in hotel properties at cost	16,508	5,485
Land
Investment in Hotel Properties, net
Investment in hotel properties at cost	319,603	319,603
Hotel buildings and improvements
Investment in Hotel Properties, net
Investment in hotel properties at cost	2,066,986	2,049,384
Furniture, fixtures and equipment
Investment in Hotel Properties, net
Investment in hotel properties at cost	173,351	173,128
Construction in progress
Investment in Hotel Properties, net
Investment in hotel properties at cost	8,903	9,388
Intangible assets
Investment in Hotel Properties, net
Investment in hotel properties at cost	$ 11,231	$ 11,231