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Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Property, Plant and Equipment [Abstract]      
Land and improvements $ 501,502   $ 501,448
Buildings and improvements 1,487,032   1,481,983
Furniture, fixtures and equipment 146,270   143,546
Total 2,134,804   2,126,977
Accumulated depreciation (244,339)   (225,333)
Investment in hotel properties, net 1,890,465   $ 1,901,644
Real estate depreciation expense, excluding discontinued operations expense $ 19,000 $ 18,400