XML 57 R42.htm IDEA: XBRL DOCUMENT v3.20.2
Debt - Additional Information (Detail)
1 Months Ended 6 Months Ended 12 Months Ended 36 Months Ended
May 30, 2018
USD ($)
Hotel
Extension
Jun. 30, 2020
USD ($)
May 31, 2020
Jun. 30, 2020
USD ($)
Hotel
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Jun. 30, 2019
USD ($)
Dec. 31, 2018
USD ($)
Debt Instrument [Line Items]                      
Hotels classified as investment in real estate sold | Hotel       30              
Minimum liquidity requirement, revolving facility       $ 60,000,000              
Minimum liquidity requirement percentage, revolving facility       50.00%              
Cash and cash equivalents   $ 194,000,000   $ 194,000,000         $ 101,000,000 $ 42,000,000 $ 68,000,000
Revolving Facility                      
Debt Instrument [Line Items]                      
Interest rate   5.16%   5.16%              
Unused commitment fee percentage     0.75%                
Cash and cash equivalents, revolving facility cash trap   $ 35,000,000   $ 35,000,000              
Debt yield threshold   13.80%   13.80%              
Revolving Facility | Core Point Borrower L L C                      
Debt Instrument [Line Items]                      
Borrowing capacity, revolving facility   $ 110,000,000   $ 110,000,000       $ 150,000,000      
Revolving loans outstanding, monthly prepayment amount       $ 5,000,000              
Revolving loans outstanding, prepayment period       5 months              
Outstanding amount, revolving facility   110,000,000   $ 110,000,000              
Letters of credit outstanding, amount   $ 2,000,000   $ 2,000,000              
CMBS Facility                      
Debt Instrument [Line Items]                      
Extension options | Extension 4                    
CMBS facility, extension option period 1 year                    
Interest rate   2.91%   2.91%              
Debt yield condition 1 16.44%                    
Debt yield condition 2 16.94%                    
Net proceeds from sale of properties       $ 70,000,000              
Upfront reserve deposited for lender $ 15,000,000 $ 6,000,000                  
CMBS Facility | Forecast                      
Debt Instrument [Line Items]                      
Interest rate         3.00% 2.90% 2.75%        
Debt instrument yield percentage           12.83% 12.33%        
CMBS Facility | CorePoint CMBS Borrower                      
Debt Instrument [Line Items]                      
Premium percentage minimum 5.00%                    
Premium percentage maximum 10.00%                    
CMBS Facility | CorePoint CMBS Borrower | Commercial Mortgage Backed Securities | Secured Mortgage                      
Debt Instrument [Line Items]                      
Owned and ground leased hotels | Hotel 5                    
Core Point Revolver Borrower | Revolving Facility | Base Rate                      
Debt Instrument [Line Items]                      
Interest rate     4.00%                
Core Point Revolver Borrower | Revolving Facility | LIBOR                      
Debt Instrument [Line Items]                      
Interest rate     5.00%