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Debt (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Summary of Long Term Debt The following table sets forth information regarding the Company’s debt as of December 31, 2021 and 2020 (dollars in thousands):
Principal Balance
as of December 31,
LoanInterest Rate as of December 31, 2021Maturity Date20212020
Salt Lake City Marriott Downtown at City Creek mortgage loan
LIBOR + 3.25% (1)
January 202343,570 47,250 
Westin Washington D.C. City Center mortgage loan3.99 %January 202355,913 58,282 
The Lodge at Sonoma Resort mortgage loan3.96 %April 202325,542 26,268 
Westin San Diego Downtown mortgage loan3.94 %April 202358,600 60,261 
Courtyard New York Manhattan / Midtown East mortgage loan4.40 %August 202477,882 79,535 
Worthington Renaissance Fort Worth Hotel mortgage loan3.66 %May 202577,453 79,214 
JW Marriott Denver Cherry Creek mortgage loan4.33 %July 202558,789 60,052 
Westin Boston Seaport District mortgage loan4.36 %November 2025182,755 186,840 
Unamortized debt issuance costs(1,853)(2,553)
Total mortgage and other debt, net of unamortized debt issuance costs578,651 595,149 
Unsecured term loan
LIBOR + 2.40% (2)
October 202350,000 50,000 
Unsecured term loan
LIBOR + 2.40% (3)
July 2024350,000 350,000 
Unamortized debt issuance costs(1,428)(1,450)
Unsecured term loans, net of unamortized debt issuance costs398,572 398,550 
Senior unsecured credit facility
LIBOR + 2.55% (4)
July 2023 (5)
90,000 55,000 
Total debt, net of unamortized debt issuance costs$1,067,223 $1,048,699 
Weighted-Average Interest Rate3.88% 
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(1)    LIBOR is subject to a floor of 1.0%.
(2)    We are party to an interest rate swap agreement that fixes LIBOR at 2.41% through October 2023.
(3) We are party to an interest rate swap agreement that fixes LIBOR at 1.70% through July 2024 for $175 million of the loan. Effective June 9, 2020, LIBOR is subject to a floor of 0.25%.
(4) Effective June 9, 2020, LIBOR is subject to a floor of 0.25%.    
(5)    The credit facility may be extended for an additional year upon the payment of applicable fees and the satisfaction of certain customary
conditions.
Schedule of Maturities of Long-Term Debt
The aggregate debt maturities for our mortgage debt and unsecured term loans as of as of December 31, 2021 are as follows (in thousands):

2022$15,896 
2023236,420 
2024432,381 
2025295,807 
2026— 
Thereafter— 
$980,504