Investment In Lodging Property, At Cost, Excluding Undeveloped Land

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Lodging Property Investment, Net, Excluding Undeveloped Land

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Proceeds from Tax Incentive Payments

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Real Estate Investment Property, Excluding Undeveloped Land, Accumulated Depreciation And Amortization

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The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.

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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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INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investment in Lodging Properties (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	$ 3,546,203		$ 3,546,203		$ 3,529,251
Less accumulated depreciation and amortization	(876,725)		(876,725)		(792,276)
Investments in lodging property, net	2,669,478		2,669,478		2,736,975
GIC Joint Venture
Financing Receivable, Allowance for Credit Loss [Line Items]
Proceeds from tax incentive payments	9,900
Hotels
Financing Receivable, Allowance for Credit Loss [Line Items]
Depreciation and amortization	36,500	$ 37,700	109,500	$ 111,900
Real estate development loan, net
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	4,576		4,576		4,176
Lodging buildings and improvements
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	2,800,853		2,800,853		2,798,667
Land
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	374,213		374,213		375,413
Furniture, fixtures and equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	281,758		281,758		269,682
Construction in progress
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	52,536		52,536		41,359
Intangible assets
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	$ 32,267		$ 32,267		$ 39,954