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Investment in Hotel Properties, net - Schedule of Investments in Hotel Properties, net (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Investments, All Other Investments [Abstract]    
Land and improvements $ 287,049 $ 287,049
Building and improvements 1,197,805 1,195,276
Furniture, fixtures and equipment 86,506 84,381
Renovations in progress 6,656 11,225
Investment in hotel properties, at cost 1,578,016 1,577,931
Less: accumulated depreciation (326,030) (312,757)
Investment in hotel properties, net $ 1,251,986 $ 1,265,174