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Investment in Hotel Properties - Schedule of Investments in Hotel Properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Investments, All Other Investments [Abstract]    
Land and improvements $ 291,749 $ 287,049
Building and improvements 1,263,289 1,195,276
Furniture, fixtures and equipment 90,799 84,381
Renovations in progress 6,387 11,225
Investment in hotel properties, at cost 1,652,224 1,577,931
Less: accumulated depreciation (352,928) (312,757)
Investment in hotel properties, net $ 1,299,296 $ 1,265,174