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Debt (Tables)
 3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Components of Mortgage Debt Mortgage and senior unsecured revolving credit facility debt consisted of the following (dollars in thousands):
 
CollateralInterest RateMaturity Date3/31/19 Property Carrying ValueBalance Outstanding on Loan as of
March 31, 2019December 31,
2018
Senior Unsecured Revolving Credit Facility (1)4.56 %March 8, 2022$— $97,000 $81,500 
Residence Inn by Marriott New Rochelle, NY5.75 %September 1, 202118,186 13,254 13,361 
Residence Inn by Marriott San Diego, CA 4.66 %February 6, 202345,699 27,730 27,885 
Homewood Suites by Hilton San Antonio, TX 4.59 %February 6, 202330,799 15,827 15,916 
Residence Inn by Marriott Vienna, VA4.49 %February 6, 202332,185 21,658 21,782 
Courtyard by Marriott Houston, TX4.19 %May 6, 202331,821 17,871 17,976 
Hyatt Place Pittsburgh, PA4.65 %July 6, 202335,583 21,870 21,989 
Residence Inn by Marriott Bellevue, WA4.97 %December 6, 202365,413 44,470 44,680 
Residence Inn by Marriott Garden Grove, CA4.79 %April 6, 202437,190 32,475 32,620 
Residence Inn by Marriott Silicon Valley I, CA 4.64 %July 1, 202481,477 64,800 64,800 
Residence Inn by Marriott Silicon Valley II, CA4.64 %July 1, 202481,663 70,700 70,700 
Residence Inn by Marriott San Mateo, CA 4.64 %July 1, 202462,871 48,600 48,600 
Residence Inn by Marriott Mountain View, CA4.64 %July 6, 202454,882 37,900 37,900 
SpringHill Suites by Marriott Savannah, GA4.62 %July 6, 202435,527 30,000 30,000 
Hilton Garden Inn Marina del Rey, CA4.68 %July 6, 202440,193 21,248 21,355 
Homewood Suites by Hilton Billerica, MA 4.32 %December 6, 202414,646 15,896 15,965 
Hampton Inn & Suites Houston Medical Center, TX 4.25 %January 6, 202515,256 17,948 18,026 
Total debt before unamortized debt issue costs$683,391 $599,247 $585,055 
Unamortized mortgage debt issue costs(1,679)(1,773)
Total debt outstanding$597,568 $583,282 
 
(1)The interest rate for the senior unsecured revolving credit facility is variable and based on either 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 March 31, 2019, for the current year and each of the next four calendar years and thereafter are as follows (in thousands):
Amount
2019 (remaining nine months)$5,684 
2020 9,536 
2021 21,962 
2022 106,954 
2023 142,545 
2024296,658 
Thereafter15,908 
Total debt before unamortized debt issue costs$599,247 
Unamortized mortgage debt issue costs(1,679)
Total debt outstanding$597,568