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Leases - Narrative (Details) | 12 Months Ended
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Dec. 31, 2023 ft² hotel room parkingArea renewalTerm ground_lease
Lessee, Lease, Description [Line Items] |
Weighted-average remaining lease term | 64 years
Weighted-average discount rate (as a percent) | 5.78%
Number of properties subject to ground leases | hotel | 6
Orchards Inn Sedona |
Lessee, Lease, Description [Line Items] |
Number of rooms | room | 28
Number of rooms acquired (in rooms) | room | 70
Hilton Bethesda hotel |
Lessee, Lease, Description [Line Items] |
Number of renewal periods (in ones) | 0
Courtyard New York Manhattan/Fifth Avenue |
Lessee, Lease, Description [Line Items] |
Number of renewal periods (in ones) | 1
Ground leases renewal option (in years) | 49 years
Hotel Palomar Phoenix | First Set of Renewal Options |
Lessee, Lease, Description [Line Items] |
Number of renewal periods (in ones) | 3
Ground leases renewal option (in years) | 5 years
Hotel Clio |
Lessee, Lease, Description [Line Items] |
Number of renewal periods (in ones) | 2
Ground leases renewal option (in years) | 5 years
Area of real estate property (in square feet) | ft² | 5,500
Incremental renewal option (in years) | 1 year
Bourbon Orleans Hotel |
Lessee, Lease, Description [Line Items] |
Number of renewal periods (in ones) | 0
Marriott Salt Lake City Downtown |
Lessee, Lease, Description [Line Items] |
Number of properties subject to ground leases | ground_lease | 2
Westin Boston Seaport District mortgage loan |
Lessee, Lease, Description [Line Items] |
Number of renewal periods (in ones) | 0
Cavallo Point |
Lessee, Lease, Description [Line Items] |
Number of renewal periods (in ones) | 0
Buildings |
Lessee, Lease, Description [Line Items] |
Number of operating leases | hotel | 8
Parking Garage |
Lessee, Lease, Description [Line Items] |
Number of operating leases | parkingArea | 1

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