XML 51 R41.htm IDEA: XBRL DOCUMENT v3.19.1
Debt (Senior Notes, Term Loans, and Revolver) (Details)
3 Months Ended
Mar. 31, 2019
USD ($)
asset
Mar. 31, 2018
USD ($)
Apr. 30, 2019
USD ($)
Dec. 31, 2018
USD ($)
Debt        
Repayments of Senior Notes $ 0 $ 539,028,000    
Gain (Loss) on Extinguishment of Debt 0 $ 7,659,000    
Debt, net 2,200,146,000     $ 2,202,676,000
Unsecured Debt, Gross 1,315,000,000     1,175,000,000
Unamortized debt issuance costs on term loans $ (5,381,000)     (5,835,000)
Secured Debt [Member]        
Debt        
Number of Assets Encumbered | asset 14      
Secured Debt $ 386,386,000     528,189,000
Unsecured Debt [Member]        
Debt        
Unsecured Debt $ 1,309,619,000     1,169,165,000
Six Point Zero Zero Percent Due June 2025 [Member] | Unsecured Debt [Member]        
Debt        
Number of Assets Encumbered | asset 0      
Debt Instrument, Interest Rate, Stated Percentage 6.00%      
Long-term Debt, Gross $ 504,141,000     505,322,000
Senior Unsecured Notes [Member]        
Debt        
Debt Instrument, Redemption Price, Percentage 103.00%      
Senior Unsecured Notes [Member] | Unsecured Debt [Member]        
Debt        
Debt Instrument, Fair Value Adjustment, Net $ 29,100,000     30,300,000
The Revolver | Line of Credit        
Debt        
Maximum borrowing capacity $ 600,000,000      
Additional maturity term 1 year      
Unsecured Debt       0
Interest Rate 3.99%      
Remaining borrowing capacity $ 460,000,000     600,000,000
Line of credit, future borrowing capacity if extended 750,000,000      
$400 Million Term Loan Maturing 2019 | Unsecured Debt [Member]        
Debt        
Maximum borrowing capacity 400,000,000      
Unsecured Debt $ 400,000,000     400,000,000
Interest Rate 3.78%      
$225 Million Term Loan Maturing 2019 | Unsecured Debt [Member]        
Debt        
Maximum borrowing capacity $ 225,000,000      
Unsecured Debt $ 225,000,000     225,000,000
Interest Rate 3.78%      
$400 Million Term Loan Maturing 2021 | Unsecured Debt [Member]        
Debt        
Maximum borrowing capacity $ 400,000,000      
Unsecured Debt $ 400,000,000     400,000,000
Interest Rate 3.11%      
$150 Million Term Loan Maturing 2022 | Unsecured Debt [Member]        
Debt        
Maximum borrowing capacity $ 150,000,000.0      
Unsecured Debt $ 150,000,000     150,000,000
Interest Rate 3.08%      
Embassy Suites Boston Marlborough & Sheraton Philadelphia Society Hill [Member]        
Debt        
Gain (Loss) on Extinguishment of Debt $ 5,100,000      
Prepaid expenses and other assets | Accounting Standards Update 2015-03        
Debt        
Deferred financing costs $ 1,200,000     $ 1,500,000
Subsequent Event [Member]        
Debt        
Number of Mortgage Loans     2  
Subsequent Event [Member] | The Revolver | Line of Credit        
Debt        
Unsecured Debt     $ 140,000,000