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INVESTMENTS IN LODGING PROPERTY, NET - Allocation of Aggregate Purchase Price (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2023
USD ($)
Real Estate [Abstract]  
Land $ 52,797
Lodging buildings and improvements 676,607
Incentives and other intangibles 23,670
Furniture, fixtures and equipment 76,729
Other assets 5,318
Total assets acquired 835,121
Less debt assumed (335,205)
Less lease liabilities assumed (5,441)
Less other liabilities (3,920)
Net assets acquired 490,555
Purchase price 822,000
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable At NCI Transactions 3,500
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests 2,500
Asset acquisition, transaction costs 3,000
Intangible assets acquired outside of escrow $ 9,100