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Equity and Stock-Based Compensation (Details)
 3 Months Ended 12 Months Ended
Mar. 01, 2017
USD ($)
$ / shares
shares
Mar. 31, 2017
USD ($)
hotel
shares
Mar. 31, 2016
USD ($)
shares
Mar. 31, 2017
USD ($)
hotel
shares
Dec. 31, 2016
USD ($)
hotel
Apr. 08, 2016
USD ($)
Oct. 27, 2014
USD ($)
Class of Stock [Line Items]              
Issuance of common stock   $ 66,650,000 $ 0        
Dividends declared - common stock   5,149,000 2,800,000        
Equity-based compensation   (664,000)          
Value of stock repurchased during period   $ 118,000          
Noncontrolling interest in a consolidated entity   25.00%   25.00% 25.00%    
Number of hotel properties with JV interests | hotel   2   2 2    
Noncontrolling interest in consolidated entity   $ (5,384,000)   $ (5,384,000) $ (5,363,000)    
(Income) loss from consolidated entities attributable to noncontrolling interests   (21,000) 145,000        
Restricted Stock [Member]              
Class of Stock [Line Items]              
Other than options intrinsic value   3,300,000   3,300,000      
Compensation not yet recognized   $ 2,800,000   2,800,000      
Period for recognition   4 years 7 months 6 days          
Restricted Stock [Member] | Advisory Services Fee [Member]              
Class of Stock [Line Items]              
Equity-based compensation expense   $ 118,000 23,000        
Restricted Stock [Member] | Corporate General and Administrative Expense [Member]              
Class of Stock [Line Items]              
Equity-based compensation expense   $ 18,000 0        
Performance Shares              
Class of Stock [Line Items]              
Award service period   3 years          
Other than options intrinsic value   $ 2,600,000   2,600,000      
Compensation not yet recognized   $ 1,700,000   $ 1,700,000      
Period for recognition   1 year 9 months 18 days          
Performance Shares | Advisory Services Fee [Member]              
Class of Stock [Line Items]              
Equity-based compensation expense   $ 800,000          
Additional Paid-in Capital              
Class of Stock [Line Items]              
Equity-based compensation   (664,000)          
Value of stock repurchased during period   $ 118,000          
Additional Paid-in Capital | Performance Shares | Advisory Services Fee [Member]              
Class of Stock [Line Items]              
Equity-based compensation     $ 398,000        
Stock Repurchase Program [Member]              
Class of Stock [Line Items]              
Share repurchase program authorized amount           $ 50,000,000 $ 100,000,000
Shares of stock repurchased during period (in shares) | shares   0 0 4,300,000      
Value of stock repurchased during period       $ 63,200,000      
Minimum [Member] | Performance Shares              
Class of Stock [Line Items]              
Award performance target   0.00%          
Maximum [Member] | Performance Shares              
Class of Stock [Line Items]              
Award performance target   200.00%          
Common Stock              
Class of Stock [Line Items]              
Issuance of common stock (in shares) | shares 5,800,000            
Issuance of preferred stock (in dollars per share) | $ / shares $ 12.15            
Issuance of common stock $ 69,900,000            
Proceeds from issuance of stock, net of discounts and expenses $ 66,500,000