Investment in Hotel Properties (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of investment in hotel properties

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

	December 31, 2020		December 31, 2019
Land and improvements	$	501,448	$	500,618
Buildings and improvements	1,481,983		1,461,525
Furniture, fixtures and equipment	143,546		135,400
	2,126,977		2,097,543
Accumulated depreciation	(225,333)		(150,717)
Investment in hotel properties, net	$	1,901,644	$	1,946,826