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INVESTMENTS IN LODGING PROPERTY, NET - Schedule of Investment in Lodging Properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost $ 3,607,232 $ 3,667,731
Less accumulated depreciation and amortization (1,084,431) (1,027,364)
Investments in lodging property, net 2,522,801 2,640,367
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 2,830,692 2,885,464
Land    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 402,947 410,692
Furniture, fixtures and equipment    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 299,323 308,621
Construction in progress    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost 37,552 26,111
Intangible assets    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Investment in hotel properties at cost $ 32,142 $ 32,267