XML 94 R75.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Combinations - THL Hotel Portfolio (Details)
6 Months Ended 12 Months Ended
Jun. 30, 2018
USD ($)
Jul. 01, 2017
USD ($)
property
Jan. 10, 2017
USD ($)
Jun. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Business Acquisition [Line Items]              
Contingent consideration, liability         $ 8,903,000 $ 7,419,000  
Total merger consideration     $ 6,720,454,000     $ 1,102,763,000 $ 462,341,000
THL Hotel Portfolio              
Business Acquisition [Line Items]              
Number of real estate properties acquired in foreclosure | property   148          
Decrease in depreciation expense adjustment       $ 1,800,000      
Carrying value of the Company's junior mezzanine loan receivable at the time of foreclosure $ 310,932,000            
Cash 43,643,000            
Contingent consideration (Note 14) 6,771,000            
Total merger consideration 361,346,000            
Cash 16,188,000     16,188,000      
Restricted cash 18,479,000     18,479,000      
Real estate 1,184,447,000     1,184,447,000      
Real estate held for sale 69,676,000     69,676,000      
Intangible and other assets 26,711,000     26,711,000      
Debt (907,867,000)     (907,867,000)      
Intangible and other liabilities (46,288,000)     (46,288,000)      
Fair value of net assets acquired $ 361,346,000     $ 361,346,000      
Maximum              
Business Acquisition [Line Items]              
Capitalization rate     12.50%        
Discount rate         11.00%    
Maximum | THL Hotel Portfolio              
Business Acquisition [Line Items]              
Contingent consideration, liability   $ 13,000,000.0          
Capitalization rate   12.00%          
Discount rate   13.50%          
Minimum              
Business Acquisition [Line Items]              
Capitalization rate     4.40%        
Discount rate         5.50%    
Minimum | THL Hotel Portfolio              
Business Acquisition [Line Items]              
Capitalization rate   7.00%          
Discount rate   8.00%          
Weighted Average | THL Hotel Portfolio              
Business Acquisition [Line Items]              
Capitalization rate   8.90%          
Discount rate   10.40%