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Investment in Hotel Properties - Schedule of Investments in Hotel Properties (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021
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Investments, All Other Investments [Abstract] |  |
Land and improvements | $ 289,583 | $ 291,768
Building and improvements | 1,266,013 | 1,258,845
Furniture, fixtures and equipment | 97,829 | 91,110
Renovations in progress | 10,437 | 7,869
Investment in hotel properties, at cost | 1,663,862 | 1,649,592
Less: accumulated depreciation | (388,139) | (366,722)
Investment in hotel properties, net | $ 1,275,723 | $ 1,282,870

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- Definition The current amount of expenditures for a real estate project that has not yet been completed. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.10) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
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