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INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investments in Lodging Property, net (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Real estate and accumulated depreciation    
Investment in hotel properties at cost $ 3,651,018 $ 3,529,251
Less - accumulated depreciation and amortization (904,678) (792,276)
Investment in hotel properties, net 2,746,340 2,736,975
Real Estate Loan    
Real estate and accumulated depreciation    
Investment in hotel properties at cost 4,576 4,176
Lodging buildings and improvements    
Real estate and accumulated depreciation    
Investment in hotel properties at cost 2,867,256 2,798,667
Land    
Real estate and accumulated depreciation    
Investment in hotel properties at cost 415,149 375,413
Furniture, fixtures and equipment    
Real estate and accumulated depreciation    
Investment in hotel properties at cost 296,476 269,682
Construction in progress    
Real estate and accumulated depreciation    
Investment in hotel properties at cost 35,294 41,359
Intangible assets    
Real estate and accumulated depreciation    
Investment in hotel properties at cost $ 32,267 $ 39,954