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INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investment in Lodging Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost $ 3,669,241 $ 3,651,443
Less accumulated depreciation and amortization (941,731) (904,678)
Investments in lodging property, net 2,727,510 2,746,765
Real estate development loan    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 4,576 4,576
Lodging buildings and improvements    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 2,875,145 2,867,256
Land    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 415,574 415,574
Furniture, fixtures and equipment    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 299,578 296,476
Construction in progress    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 42,101 35,294
Intangible assets    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost $ 32,267 $ 32,267