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Debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Components of Mortgage Debt Debt consisted of the following (in thousands):
 
Loan/Collateral
Interest
Rate
Maturity Date12/31/18 Property
Carrying
Value		Balance Outstanding as of
December 31, 2018December 31,
2017
Senior Unsecured Revolving Credit Facility (1)4.45 %March 8, 2022$— $81,500 $32,000 
Residence Inn by Marriott New Rochelle, NY5.75 %September 1, 202118,400 13,361 13,762 
Residence Inn by Marriott San Diego, CA4.66 %February 6, 202345,971 27,885 28,469 
Homewood Suites by Hilton San Antonio, TX 4.59 %February 6, 202331,091 15,916 16,253 
Residence Inn by Marriott Vienna, VA4.49 %February 6, 202330,906 21,782 22,251 
Courtyard by Marriott Houston, TX4.19 %May 6, 202331,667 17,976 18,375 
Hyatt Place Pittsburgh, PA4.65 %July 6, 202335,736 21,989 22,437 
Residence Inn by Marriott Bellevue, WA4.97 %December 6, 202365,840 44,680 45,462 
Residence Inn by Marriott Garden Grove, CA 4.79 %April 6, 202437,398 32,620 33,160 
Residence Inn by Marriott Silicon Valley I, CA 4.64 %July 1, 202480,231 64,800 64,800 
Residence Inn by Marriott Silicon Valley II, CA 4.64 %July 1, 202482,460 70,700 70,700 
Residence Inn by Marriott San Mateo, CA 4.64 %July 1, 202462,090 48,600 48,600 
Residence Inn by Marriott Mountain View, CA4.64 %July 1, 202455,597 37,900 37,900 
SpringHill Suites by Marriott Savannah, GA 4.62 %July 6, 202435,657 30,000 30,000 
Hilton Garden Inn Marina del Rey, CA (2)4.68 %July 6, 202440,560 21,355 21,760 
Homewood Suites by Hilton Billerica, MA4.32 %December 6, 202414,870 15,965 16,225 
Hampton Inn & Suites Houston Medical Cntr., TX 4.25 %January 6, 202514,642 18,026 18,300 
Total debt before unamortized debt issue costs$683,116 $585,055 $540,454 
Unamortized mortgage debt issue costs(1,773)(2,138)
Total debt outstanding 583,282 538,316 
 
1. The interest rate for the senior unsecured revolving credit facility is variable and based on LIBOR plus an applicable margin ranging from 1.55% to 2.3%, or prime plus an applicable margin of 0.55% to 1.3%.
Future Scheduled Principal Payments of Debt Obligations Future scheduled principal
payments of debt obligations as of December 31, 2018, for each of the next five calendar years and thereafter are as follows (in thousands):
 Amount
2019$6,992 
20209,536 
202121,962 
202291,454 
2023142,546 
Thereafter312,565 
Total$585,055