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Investment in Hotel Properties (Tables)
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Schedule of investment in hotel properties
Investment in hotel properties consisted of the following (in thousands):
September 30, 2021December 31, 2020
Land and improvements$1,030,035 $1,089,597 
Buildings and improvements4,020,434 4,084,712 
Furniture, fixtures and equipment695,470 697,404 
5,745,939 5,871,713 
Accumulated depreciation(1,487,236)(1,385,297)
Investment in hotel properties, net$4,258,703 $4,486,416