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SUBSEQUENT EVENTS (Details)
1 Months Ended 3 Months Ended 12 Months Ended
May 01, 2024
$ / shares
Apr. 25, 2024
USD ($)
room
Apr. 17, 2024
USD ($)
room
May 01, 2024
USD ($)
Apr. 30, 2024
USD ($)
Feb. 29, 2024
USD ($)
room
Mar. 31, 2024
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2023
Apr. 15, 2024
room
Jun. 30, 2023
USD ($)
Jan. 13, 2022
USD ($)
Subsequent Event [Line Items]                        
Guestrooms sold | room           127            
Sale of real estate property           $ 10,300,000            
Repayments of debt             $ 33,490,000 $ 692,000        
Joint Venture Term Loan | Secured debt                        
Subsequent Event [Line Items]                        
Credit facility, maximum borrowing capacity                       $ 600,000,000
$400 Million Revolver | Unsecured debt                        
Subsequent Event [Line Items]                        
Credit facility, maximum borrowing capacity             $ 400,000,000       $ 400,000,000  
6.25% Series E Preferred Stock                        
Subsequent Event [Line Items]                        
Preferred stock, dividend rate             6.25%   6.25%      
Series F Cumulative Redeemable Preferred Stock                        
Subsequent Event [Line Items]                        
Preferred stock, dividend rate             5.875%   5.875%      
Series Z Preferred Units                        
Subsequent Event [Line Items]                        
Preferred stock, dividend rate             5.25%          
Subsequent Event                        
Subsequent Event [Line Items]                        
Common stock cash dividend (in dollars per share) | $ / shares $ 0.08                      
Subsequent Event | Joint Venture Term Loan | Secured debt                        
Subsequent Event [Line Items]                        
Repayments of debt     $ 6,000,000 $ 6,000,000 $ 6,000,000              
Subsequent Event | $400 Million Revolver | Unsecured debt                        
Subsequent Event [Line Items]                        
Extinguishment of debt         55,000,000              
Credit facility, maximum borrowing capacity     400,000,000                  
Repayments of debt     55,000,000   $ 55,000,000              
Subsequent Event | New Orleans, LA                        
Subsequent Event [Line Items]                        
Sale of real estate property     $ 73,000,000                  
Subsequent Event | Courtyard By Marriott | New Orleans, LA                        
Subsequent Event [Line Items]                        
Guestrooms sold | room     202             202    
Subsequent Event | SpringHill Suites | New Orleans, LA                        
Subsequent Event [Line Items]                        
Guestrooms sold | room     208             208    
Subsequent Event | Hilton Garden Inn | Bryan (College Station), TX                        
Subsequent Event [Line Items]                        
Guestrooms sold | room   119                    
Sale of real estate property   $ 11,000,000                    
Subsequent Event | 6.25% Series E Preferred Stock                        
Subsequent Event [Line Items]                        
Cash dividends declared, preferred stock (in dollars per share) | $ / shares 0.390625                      
Subsequent Event | Series F Cumulative Redeemable Preferred Stock                        
Subsequent Event [Line Items]                        
Cash dividends declared, preferred stock (in dollars per share) | $ / shares 0.3671875                      
Subsequent Event | Series Z Preferred Units                        
Subsequent Event [Line Items]                        
Cash dividends declared, preferred stock (in dollars per share) | $ / shares $ 0.328125