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Investments in Hotel Properties, net (Tables)
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Schedule of Investments in Hotel Properties, net
Investments in hotel properties, net consisted of the following (in thousands):
September 30, 2021December 31, 2020
Land$626,938 $630,690 
Buildings and improvements3,717,733 3,751,588 
Furniture, fixtures and equipment320,580 388,428 
Construction in progress7,462 16,192 
Condominium properties11,132 11,707 
Total cost4,683,845 4,798,605 
Accumulated depreciation(1,424,677)(1,371,623)
Investments in hotel properties, net$3,259,168 $3,426,982