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Investment in Hotel Properties (Details) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Investments Schedule [Abstract]    
Land and improvements $ 291,053,000 $ 291,054,000
Building and improvements 1,142,375,000 1,140,477,000
Furniture, fixtures and equipment 64,051,000 63,443,000
Renovations in progress 17,148,000 13,262,000
Investment in hotel properties, at cost 1,514,627,000 1,508,236,000
Less: accumulated depreciation (200,123,000) (188,154,000)
Investment in hotel properties, net 1,314,504,000 1,320,082,000
Impairment loss $ 0 $ 6,700,000