Investment in Hotel Properties (Tables)

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Schedule of investment in hotel properties

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

	September 30, 2020		December 31, 2019
Land and improvements	$	501,392	$	500,618
Buildings and improvements	1,476,035		1,461,525
Furniture, fixtures and equipment	141,601		135,400
	2,119,028		2,097,543
Accumulated depreciation	(206,464)		(150,717)
Investment in hotel properties, net	$	1,912,564	$	1,946,826