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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of future minimum ground lease payments
As of December 31, 2018, the future minimum ground lease payments were as follows (in thousands):
 
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
 
Total
Future minimum ground lease payments
$
9,013

 
$
9,023

 
$
9,034

 
$
9,058

 
$
9,107

 
$
533,789

 
$
579,024

Schedule of hotel properties operated pursuant to long-term agreements with hotel management companies
As of December 31, 2018, 150 of the Company's hotel properties were operated pursuant to long-term management agreements with initial terms ranging from 3 to 25 years, with 16 different management companies as noted in the table below. This number includes 41 hotel properties that receive the benefits of a franchise agreement pursuant to management agreements with Hilton, Hyatt, Marriott, or Wyndham.
Management Company
 
Number of
Hotel Properties
Aimbridge Hospitality
 
4
Concord Hospitality Enterprises Company
 
1
Crestline Hotels and Resorts
 
1
Davidson Hotels and Resorts
 
1
Hilton Management and affiliates
 
21
HEI Hotels and Resorts
 
1
Highgate Hotels
 
5
Hyatt Corporation and affiliates
 
11
Interstate Hotels & Resorts
 
72
InnVentures
 
3
K Partners Hospitality Group
 
1
Marriott International, Inc.
 
5
Sage Hospitality
 
4
Urgo Hotels
 
3
White Lodging Services
 
9
Wyndham
 
8
 
 
150