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No definition available.

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- Definition

Number of Unencumbered Hotel Properties

+ References

No definition available.

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- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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Face (par) amount of debt instrument at time of issuance.

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Contractual interest rate for funds borrowed, under the debt agreement.

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Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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The number of real estate properties owned as of the balance sheet date.

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The number of units in a real estate property owned as of the balance sheet date.

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DEBT - Schedule of Outstanding Indebtedness (Details)	9 Months Ended
DEBT - Schedule of Outstanding Indebtedness (Details)	Sep. 30, 2026 USD ($) hotel	Sep. 30, 2026 property	Sep. 30, 2026 room	Sep. 30, 2026	Sep. 30, 2026 hotel	Sep. 30, 2026 parking_structure	Jun. 30, 2026 USD ($)	Dec. 31, 2025 USD ($)	May 31, 2025 USD ($)	Mar. 31, 2025 USD ($)	Sep. 30, 2023 USD ($)	Mar. 31, 2022 parking_structure hotel	Jan. 31, 2021 USD ($)
Debt Instrument [Line Items]
Number of Encumbered Properties \| property		3
Principal Balance Outstanding	$ 1,383,891,000							$ 1,404,143,000
Hotel
Debt Instrument [Line Items]
Number of real estate properties \| property		92
Number of units in real estate property \| room			14,027
Joint Venture with GIC \| Hotel \| 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 \| Hotel \| NCI Transaction \| Portfolio Purchase Through Contribution and Purchase Agreement
Debt Instrument [Line Items]
Number of real estate properties		15			23							27
Number of units in real estate property \| parking_structure												2
Convertible notes
Debt Instrument [Line Items]
Principal Balance Outstanding	0							287,500,000
Loans Payable
Debt Instrument [Line Items]
Principal Balance Outstanding	675,000,000							687,500,000
Mortgage loans
Debt Instrument [Line Items]
Principal Balance Outstanding	75,461,000							75,913,000
2026 Senior Credit Facility \| Unsecured debt
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity							$ 650,000,000
Principal Balance Outstanding	$ 200,000,000							200,000,000
Number of unencumbered hotel properties \| hotel	50
2026 Senior Credit Facility \| $400 Million Revolver \| Unsecured debt
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 400,000,000						400,000,000
Interest Rate				5.85%
Principal Balance Outstanding	0							0
2026 Senior Credit Facility \| $200 Million Term Loan \| Unsecured debt
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	200,000,000						200,000,000
Interest Rate				5.80%
Principal Balance Outstanding	200,000,000							200,000,000
2026 Senior Credit Facility \| $50 Million Delayed Draw Facility \| Unsecured debt
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	50,000,000
Debt instrument, face amount	50,000,000						$ 50,000,000
Interest Rate				5.79%
Principal Balance Outstanding	0							0
Other Term Loans
Debt Instrument [Line Items]
Principal Balance Outstanding	475,000,000							200,000,000
Regions Bank 2024 Term Loan Facility due February 14.2027 \| Unsecured debt
Debt Instrument [Line Items]
Interest Rate				5.80%
Principal Balance Outstanding	200,000,000							200,000,000
5.76% Delayed DrawTerm Loan Facility due March 31, 2028 \| Unsecured debt
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity										$ 325,000,000
Debt instrument, face amount										$ 275,000,000
Interest Rate				5.79%
Principal Balance Outstanding	275,000,000							0
5.76% Delayed DrawTerm Loan Facility due March 31, 2028 \| Revolving Credit Facility
Debt Instrument [Line Items]
Interest Rate										0.25%
Convertible Notes \| Convertible notes
Debt Instrument [Line Items]
Debt instrument, face amount													$ 287,500,000
Interest Rate				1.50%									1.50%
Principal Balance Outstanding	0							287,500,000
Wells Fargo Bank, N.A., Variable due May 15, 2028 \| Mortgage loans
Debt Instrument [Line Items]
Interest Rate				5.98%
Number of Encumbered Properties \| property		2
Principal Balance Outstanding	58,000,000							58,000,000
Brickell Joint Venture Mortgage Loans \| Mortgage loans
Debt Instrument [Line Items]
Principal Balance Outstanding	58,000,000							58,000,000	$ 58,000,000
Total Joint Venture Debt \| Unsecured debt
Debt Instrument [Line Items]
Number of Encumbered Properties \| property		3
Principal Balance Outstanding	708,891,000							716,643,000
$125 Million Revolving Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	125,000,000										$ 125,000,000
$125 Million Revolving Credit Facility \| Revolving Credit Facility \| Unsecured debt
Debt Instrument [Line Items]
Interest Rate				6.05%
Principal Balance Outstanding	125,000,000							125,000,000
$125 Million Term Loan
Debt Instrument [Line Items]
Debt instrument, face amount	125,000,000										$ 125,000,000
$125 Million Term Loan \| Unsecured debt
Debt Instrument [Line Items]
Interest Rate				6.00%
Principal Balance Outstanding	125,000,000							125,000,000
Bank of America, N.A, Variable due July 24, 2028 \| Unsecured debt
Debt Instrument [Line Items]
Interest Rate				6.25%
Principal Balance Outstanding	383,430,000							390,730,000
Wells Fargo
Debt Instrument [Line Items]
Number of Encumbered Properties \| property		1
Wells Fargo \| Unsecured debt
Debt Instrument [Line Items]
Interest Rate				4.99%
Principal Balance Outstanding	12,039,000							12,253,000
PACE loan \| NCI Transaction
Debt Instrument [Line Items]
Debt instrument, face amount	6,500,000
Interest Rate				6.10%
Principal Balance Outstanding	5,422,000
PACE loan \| Unsecured debt
Debt Instrument [Line Items]
Interest Rate				6.10%
Principal Balance Outstanding								5,660,000
Total GIC Joint Venture Credit Facility and Term Loans \| Unsecured debt
Debt Instrument [Line Items]
Number of Encumbered Properties \| property		1
Principal Balance Outstanding	$ 650,891,000							$ 658,643,000