v3.25.1
DEBT - GIC Joint Venture Term Loan (Details)
$ in Thousands
1 Months Ended 3 Months Ended
Mar. 31, 2022
USD ($)
room
Mar. 31, 2025
USD ($)
property
extension_option
parking_structure
hotel
room
Dec. 31, 2024
USD ($)
Mar. 31, 2022
hotel
Mar. 31, 2022
parking_structure
Mar. 31, 2022
parkingSpace
Jan. 13, 2022
USD ($)
Debt Instrument [Line Items]              
Outstanding borrowings   $ 1,427,359 $ 1,408,007        
Hotels              
Debt Instrument [Line Items]              
Properties | hotel   97          
Number of units in real estate property | room   14,555          
Joint Venture with GIC | Hotels | Portfolio Purchase Through Contribution And Purchase Agreement              
Debt Instrument [Line Items]              
Number of units in real estate property | parking_structure   2          
Joint Venture with GIC | Hotels | Portfolio Purchase Through Contribution And Purchase Agreement | NCI Transaction              
Debt Instrument [Line Items]              
Properties   15   27      
Number of units in real estate property 3,709       2 1,002  
Consideration transferred to acquire hotel property $ 822,000            
Joint Venture Term Loan | Secured debt              
Debt Instrument [Line Items]              
Debt instrument, face amount             $ 410,000
Debt, increase of commitments amount   $ 190,000          
Credit facility, maximum borrowing capacity   $ 600,000          
Number of extension options | extension_option   1          
Debt extension period   12 months          
Outstanding borrowings   $ 396,000          
Debt basis spread on variable rate   2.75%