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Investments in Hotel Properties, net
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Investments in Hotel Properties, net Investments in Hotel Properties, net
Investments in hotel properties, net consisted of the following (in thousands):
March 31, 2022December 31, 2021
Land$626,917 $626,917 
Buildings and improvements3,705,842 3,711,006 
Furniture, fixtures and equipment281,629 298,121 
Construction in progress15,772 16,370 
Condominium properties10,314 10,739 
Total cost4,640,474 4,663,153 
Accumulated depreciation(1,440,512)(1,432,443)
Investments in hotel properties, net$3,199,962 $3,230,710