Investment in Hotel Properties (Tables)

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Schedule of investment in hotel properties

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

	June 30, 2019			December 31, 2018
Land and improvements	$	499,839		$	532,490
Buildings and improvements	1,440,395			1,555,132
Furniture, fixtures and equipment	123,375			125,207
	2,063,609			2,212,829
Accumulated depreciation	(115,195		)	(89,406		)
Investment in hotel properties, net	$	1,948,414		$	2,123,423