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INVESTMENT IN HOTEL PROPERTIES, NET - Allocation of Aggregate Purchase Price (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2022
USD ($)
Real Estate [Abstract]  
Land $ 67,175
Hotel buildings and improvements 751,720
Incentives and other intangibles 25,642
Furniture, fixtures and equipment 82,353
Other assets 5,318
Total assets acquired 932,208
Less debt assumed (382,205)
Less lease liabilities assumed (5,100)
Less other liabilities (6,233)
Net assets acquired 538,670
Consideration transferred to acquire hotel property 925,800
Capitalized transaction costs 3,600
Deferred financing cost 4,600
Purchase price 917,600
Asset acquisition, transaction costs 3,600
Intangible assets acquired outside of escrow $ 11,000