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Investment in Hotel Properties (Details) - USD ($) $ in Thousands | Mar. 31, 2019 | Dec. 31, 2018
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Investments Schedule [Abstract] |  |
Land and improvements | $ 296,260 | $ 296,253
Building and improvements | 1,222,728 | 1,214,780
Furniture, fixtures and equipment | 78,237 | 73,411
Renovations in progress | 23,594 | 25,370
Investment in hotel properties, at cost | 1,620,819 | 1,609,814
Less: accumulated depreciation | (248,742) | (236,041)
Investment in hotel properties, net | $ 1,372,077 | $ 1,373,773

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