Investments in Hotel Properties, net (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Sep. 30, 2022 |
Sep. 30, 2021 |
Sep. 30, 2022 |
Sep. 30, 2021 |
Dec. 31, 2021 |
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Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract] | |||||
Land | $ 560,241,000 | $ 560,241,000 | $ 480,530,000 | ||
Buildings and improvements | 1,329,102,000 | 1,329,102,000 | 1,215,810,000 | ||
Furniture, fixtures and equipment | 132,386,000 | 132,386,000 | 123,954,000 | ||
Construction in progress | 21,298,000 | 21,298,000 | 12,038,000 | ||
Residences | 12,746,000 | 12,746,000 | 12,746,000 | ||
Total cost | 2,055,773,000 | 2,055,773,000 | 1,845,078,000 | ||
Accumulated depreciation | (431,303,000) | (431,303,000) | (399,481,000) | ||
Investments in hotel properties, net | 1,624,470,000 | 1,624,470,000 | $ 1,445,597,000 | ||
Gain associated with proceeds received from insurance | 0 | $ 0 | 0 | $ 481,000 | |
Impairment charges | $ 0 | $ 0 | $ 0 | $ 0 |
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- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before accumulated depreciation of equipment commonly used in offices and stores that have no permanent connection to the structure of a building or utilities. Examples include, but are not limited to, desks, chairs, tables, and bookcases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of excess (deficiency) of insurance recovery over the loss incurred from an insured event. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount of income producing properties held for rental. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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