INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investment in Lodging Properties (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	$ 3,504,286	$ 3,483,125
Less accumulated depreciation	(727,339)	(690,573)
Investments in lodging property, net	2,776,947	2,792,552
Real estate development loan, net
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	519	0
Lodging buildings and improvements
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	2,776,110	2,764,355
Land
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	365,770	365,770
Furniture, fixtures and equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	256,681	250,575
Construction in progress
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	65,252	62,471
Intangible assets
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	$ 39,954	$ 39,954