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Acquisitions - Narrative (Details) $ in Thousands | Mar. 01, 2018 USD ($) room | Mar. 31, 2018 USD ($) | Dec. 31, 2017 USD ($)
--- | --- | --- | ---
Business Acquisition [Line Items] |  |  |
Unfavorable agreement liability |  | $ 75,459 | $ 70,734
The Landing Resort & Spa |  |  |
Business Acquisition [Line Items] |  |  |
Number of rooms acquired | room | 77 |  |
Purchase price | $ 42,000 |  |
Acquisition costs | $ 500 |  |
Management agreement (years) | 5 years |  |
Management fees, revenue percentage in 2020 | 1.50% |  |
Base management fee percentage of gross revenue thereafter | 1.75% |  |
Incentive management fees | 15.00% |  |
Base incentive management fee percentage of gross revenues | 1.00% |  |
Corporate marketing contribution, gross revenues percentage | 1.00% |  |
Principal balance | $ 0 |  |
Favorable ground lease asset | 0 |  |
Unfavorable agreement liability | $ 0 |  |
Hotel Palomar Phoenix |  |  |
Business Acquisition [Line Items] |  |  |
Number of rooms acquired | room | 242 |  |
Purchase price | $ 80,000 |  |
Acquisition costs | $ 100 |  |
Incentive management fees | 20.00% |  |
Base incentive management fee percentage of gross revenues | 1.50% |  |
Principal balance | $ 2,943 |  |
Base management fee percentage of gross revenue | 3.50% |  |
Favorable ground lease asset | $ 20,144 |  |
Percentage of lease payments | 50.00% |  |
Unfavorable agreement liability | $ 5,203 |  |

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