INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Intangible Assets, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Indefinite-lived intangible assets:	$ 10,834	$ 10,834
Finite-lived intangible assets:	21,433	21,433
Intangible assets	32,267	32,267
Less - accumulated amortization	(6,864)	(5,691)
Intangible assets, net	25,403	26,576
Tax incentives
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Finite-lived intangible assets:	12,063	12,063
Key money
Intangible Assets, Net (Excluding Goodwill) [Abstract]
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