Debt Instrument, Accordion Feature, Increase Of Commitments Amount

No definition available.

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- Definition

Debt Instrument, Extension Period

+ References

No definition available.

+ Details

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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

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- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

+ References

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- Definition

Face (par) amount of debt instrument at time of issuance.

+ References

+ Details

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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- Definition

The number of real estate properties owned as of the balance sheet date.

+ References

No definition available.

+ Details

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- Definition

The number of units in a real estate property owned as of the balance sheet date.

+ References

No definition available.

+ Details

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DEBT - GIC Joint Venture Term Loan (Details) $ in Thousands		6 Months Ended
DEBT - GIC Joint Venture Term Loan (Details) $ in Thousands	Jan. 13, 2022 USD ($)	Jun. 30, 2023 USD ($) hotel room	May 19, 2023 room hotel	Dec. 31, 2022 USD ($)	Nov. 02, 2021 hotel parkingStructure
Debt Instrument [Line Items]
Debt outstanding		$ 1,466,936		$ 1,463,124
Number of guestrooms \| room			467
Hotels
Debt Instrument [Line Items]
Guestrooms \| hotel		101	4
Number of guestrooms \| room		15,034
Joint Venture with GIC \| Hotels \| Portfolio Purchase Through Contribution And Purchase Agreement
Debt Instrument [Line Items]
Guestrooms \| hotel					27
Number of guestrooms \| parkingStructure					2
Unsecured debt
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		$ 400,000
Joint Venture Term Loan \| Secured debt
Debt Instrument [Line Items]
Debt instrument, face amount	$ 410,000
Debt, increase of commitments amount	190,000
Credit facility, maximum borrowing capacity	$ 600,000
Debt extension period	12 months
Joint Venture Term Loan \| Secured debt \| SOFR
Debt Instrument [Line Items]
Debt basis spread on variable rate		2.75%
Joint Venture Term Loan \| Unsecured debt
Debt Instrument [Line Items]
Debt outstanding		$ 410,000