INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investments in Lodging Property, net (Details) $ in Thousands	Dec. 31, 2022 USD ($) hotel room	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($) room	Dec. 31, 2019 USD ($) room
Investment in Hotel Properties, net
Investment in hotel properties at cost	$ 3,483,125		$ 2,675,053
Less - accumulated depreciation and amortization	(690,573)		(583,080)
Investment in hotel properties, net	$ 2,792,552		$ 2,091,973
Number of hotels | room	3,984		230
Hotels
Investment in Hotel Properties, net
Number of hotels | hotel	103
Real estate development loan
Investment in Hotel Properties, net
Investment in hotel properties at cost	$ 0		$ 27,595
Mezzanine Loans
Investment in Hotel Properties, net
Loans funded amount		$ 29,900		$ 29,900
Initial purchase option, ownership percentage			90.00%	90.00%
Mezzanine Loans | Hotels
Investment in Hotel Properties, net
Number of hotels | room				264
Land
Investment in Hotel Properties, net
Investment in hotel properties at cost	365,770		$ 323,276
Lodging buildings and improvements
Investment in Hotel Properties, net
Investment in hotel properties at cost	2,764,355		2,127,782
Intangible assets
Investment in Hotel Properties, net
Investment in hotel properties at cost	39,954		10,834
Construction in progress
Investment in Hotel Properties, net
Investment in hotel properties at cost	62,471		18,321
Furniture, fixtures and equipment
Investment in Hotel Properties, net
Investment in hotel properties at cost	$ 250,575		$ 167,245