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Investment in Hotel Properties (Tables)
 3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Schedule of investment in hotel properties
Investment in hotel properties consisted of the following (in thousands):
 
March 31, 2017
 
December 31, 2016
Land and improvements
$
676,103

 
$
675,889

Buildings and improvements
3,055,137

 
3,050,043

Furniture, fixtures and equipment
596,907

 
595,816

Intangible assets
2,309

 
2,309

 
4,330,456

 
4,324,057

Accumulated depreciation and amortization
(989,237
)
 
(955,383
)
Investment in hotel properties, net
$
3,341,219

 
$
3,368,674