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Debt (Tables)
 9 Months Ended
Sep. 30, 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 Date9/30/19 Property Carrying ValueBalance Outstanding on Loan as of
September 30, 2019December 31,
2018
Senior Unsecured Revolving Credit Facility (1)4.45 %March 8, 2022$—  $86,000  $81,500  
Residence Inn by Marriott New Rochelle, NY5.75 %September 1, 202117,918  13,045  13,361  
Residence Inn by Marriott San Diego, CA 4.66 %February 6, 202345,233  27,429  27,885  
Homewood Suites by Hilton San Antonio, TX 4.59 %February 6, 202330,192  15,653  15,916  
Residence Inn by Marriott Vienna, VA4.49 %February 6, 202332,242  21,416  21,782  
Courtyard by Marriott Houston, TX4.19 %May 6, 202331,406  17,665  17,976  
Hyatt Place Pittsburgh, PA4.65 %July 6, 202335,164  21,640  21,989  
Residence Inn by Marriott Bellevue, WA4.97 %December 6, 202364,490  44,068  44,680  
Residence Inn by Marriott Garden Grove, CA4.79 %April 6, 202438,514  32,199  32,620  
Residence Inn by Marriott Silicon Valley I, CA 4.64 %July 1, 202480,202  64,650  64,800  
Residence Inn by Marriott Silicon Valley II, CA4.64 %July 1, 202484,464  70,537  70,700  
Residence Inn by Marriott San Mateo, CA 4.64 %July 1, 202464,524  48,488  48,600  
Residence Inn by Marriott Mountain View, CA4.64 %July 6, 202453,426  37,812  37,900  
SpringHill Suites by Marriott Savannah, GA4.62 %July 6, 202434,905  29,930  30,000  
Hilton Garden Inn Marina del Rey, CA4.68 %July 6, 202439,461  21,040  21,355  
Homewood Suites by Hilton Billerica, MA 4.32 %December 6, 202414,194  15,763  15,965  
Hampton Inn & Suites Houston Medical Center, TX 4.25 %January 6, 202516,299  17,796  18,026  
Total debt before unamortized debt issue costs$682,634  $585,131  $585,055  
Unamortized mortgage debt issue costs(1,491) (1,773) 
Total debt outstanding$583,640  $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 September 30, 2019, for the current year and each of the next five calendar years and thereafter are as follows (in thousands):
Amount
2019 (remaining three months)$2,672  
20209,536  
202121,962  
202295,954  
2023142,440  
2024296,660  
Thereafter15,907  
Total debt before unamortized debt issue costs$585,131  
Unamortized mortgage debt issue costs(1,491) 
Total debt outstanding$583,640