INVESTMENTS IN LODGING PROPERTY, NET - Intangible Assets, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 10,834	$ 10,834
Finite-lived intangible assets	29,120	29,120
Intangible assets, gross	39,954	39,954
Less accumulated amortization	(6,149)	(5,110)
Intangible Assets, Net (Excluding Goodwill), Total	33,805	34,844
Tax incentives
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets	19,750	19,750
Key money
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets	9,370	9,370
Air Rights
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	10,754	10,754
Unclassified Indefinite-lived Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 80	$ 80