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