INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investment in Lodging Properties (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	$ 3,640,374	$ 3,667,731
Less accumulated depreciation and amortization	(1,048,143)	(1,027,364)
Investments in lodging property, net	2,592,231	2,640,367
Real estate development loan
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	4,576	4,576
Lodging buildings and improvements
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	2,864,391	2,885,464
Land
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	407,549	410,692
Furniture, fixtures and equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	308,466	308,621
Construction in progress
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	23,125	26,111
Intangible assets
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties at cost	$ 32,267	$ 32,267