Investment in Hotel Properties (Tables)

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Schedule of investment in hotel properties

Investment in hotel properties consisted of the following (in thousands):

	June 30, 2020		December 31, 2019
Land and improvements	$	1,089,545	$	1,088,436
Buildings and improvements	4,066,761		4,039,012
Furniture, fixtures and equipment	695,449		685,699
	5,851,755		5,813,147
Accumulated depreciation	(1,296,127)		(1,198,181)
Investment in hotel properties, net	$	4,555,628	$	4,614,966