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Investment in Hotel Properties, net (Investments in Hotel Properties, Net) (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Property, Plant and Equipment [Abstract]    
Land $ 455,298 $ 428,567
Buildings and improvements 1,089,457 989,180
Furniture, fixtures and equipment 114,086 103,025
Construction in progress 60,434 42,034
Total cost 1,719,275 1,562,806
Accumulated depreciation (276,799) (262,905)
Investments in hotel properties, net $ 1,442,476 $ 1,299,901