Risk Management and Use of Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments on our Consolidated Hotels

The following table sets forth certain information regarding our derivative instruments on our Consolidated Hotels (in thousands):

Derivatives Designated as Hedging Instruments		Asset Derivatives Fair Value at December 31,
	Balance Sheet Location	2019		2018
Interest rate swaps	Other assets	$	121	$	1,368
Interest rate caps	Other assets	—		57
		$	121	$	1,425

Schedule of Derivative Instruments

The interest rate swaps and caps that we had outstanding on our Consolidated Hotels at December 31, 2019 were designated as cash flow hedges and are summarized as follows (dollars in thousands): 

	Number of	Notional		Fair Value at
Interest Rate Derivatives	Instruments	Amount		December 31, 2019
Interest rate swaps	2	$	187,910	$	121
Interest rate caps	3	171,385		—
				$	121