INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Indefinite-lived Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Indefinite-lived Intangible assets:	$ 10,834	$ 10,834
Finite-lived intangible assets:	29,120	29,120
Total intangible assets	39,954	39,954
Less - accumulated amortization	(9,251)	(5,110)
Intangible assets, net	30,703	34,844
Amortization of intangible assets	$ 4,100	4,000	$ 0
Tax incentives
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Weighted Average Amortization Period (in Years)	9 years 2 months 12 days
Finite-lived intangible assets:	$ 19,750	19,750
Key money
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Weighted Average Amortization Period (in Years)	17 years 9 months 18 days
Finite-lived intangible assets:	$ 9,370	9,370
Air rights
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Indefinite-lived Intangible assets:	10,754	10,754
Other
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Indefinite-lived Intangible assets:	$ 80	$ 80