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INVESTMENT IN HOTEL PROPERTIES, NET - Pro forma financial information (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 5 Months Ended | 6 Months Ended
--- | --- | --- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2016 | Jun. 30, 2015
Business Acquisition [Line Items] |  |  |  |  |
Net income before taxes |  |  |  | $ 32,641 | $ 30,269
Gain on sale of properties | $ 2,700 |  | $ 2,000 | 39,500 |
2016 and 2015 Acquisitions |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |
Revenues | 125,602 | $ 118,073 |  | 239,906 | 224,805
Income from hotel operations | 50,127 | 45,274 |  | 93,294 | 84,505
Net income before taxes | 19,231 | 17,298 |  |  |
Net income | 19,096 | 16,394 |  | 30,935 | 28,866
Net income attributable to common stockholders, net of amount allocated to participating securities | $ 14,819 | $ 7,999 |  | $ 26,562 | $ 20,342
Basic net income per share attributable to common shareholders (in dollars per share) | $ 0.17 | $ 0.09 |  | $ 0.31 | $ 0.24
Diluted net income per share attributable to common shareholders (in dollars per share) | $ 0.17 | $ 0.09 |  | $ 0.30 | $ 0.23

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