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Investment in Hotel Properties, net (Investments in Hotel Properties, Net) (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Property, Plant and Equipment [Abstract]    
Land $ 344,937 $ 344,937
Buildings and improvements 966,045 962,478
Furniture, fixtures and equipment 84,313 87,796
Construction in progress 11,181 7,899
Total cost 1,406,476 1,403,110
Accumulated depreciation (258,173) (257,268)
Investments in hotel properties, net $ 1,148,303 $ 1,145,842