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INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investment in Lodging Properties (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost $ 3,628,365 $ 3,546,054
Less accumulated depreciation and amortization (772,359) (704,198)
Investments in lodging property, net 2,856,006 2,841,856
Real estate development loan, net    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 2,249 0
Lodging buildings and improvements    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 2,872,197 2,815,993
Land    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 385,751 373,106
Furniture, fixtures and equipment    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 264,264 252,842
Construction in progress    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 63,950 64,159
Intangible assets    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost $ 39,954 $ 39,954