INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Indefinite-lived Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Indefinite-lived Intangible assets:	$ 10,834,000	$ 10,834,000
Finite-lived intangible assets:	29,120,000	0
Total intangible assets	39,954,000	10,834,000
Less - accumulated amortization	(5,110,000)	0
Intangible assets, net	34,844,000	10,834,000
Amortization of intangible assets	4,000,000	0
Tax incentives
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Finite-lived intangible assets:	$ 19,750,000	0
Weighted Average Amortization Period (in Years)	9 years 2 months 12 days
Key money
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Finite-lived intangible assets:	$ 9,370,000	0
Weighted Average Amortization Period (in Years)	17 years 9 months 18 days
Air rights
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Indefinite-lived Intangible assets:	$ 10,754,000	10,754,000
Other
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Indefinite-lived Intangible assets:	$ 80,000	$ 80,000