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Investments in Hotel Properties, net (Tables)
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Schedule of Investment in Hotel Properties
Investments in hotel properties, net consisted of the following (in thousands):
June 30, 2021December 31, 2020
Land$455,298 $455,298 
Buildings and improvements1,187,283 1,190,437 
Furniture, fixtures and equipment124,370 127,692 
Construction in progress7,355 11,422 
Total cost1,774,306 1,784,849 
Accumulated depreciation(384,373)(360,259)
Investments in hotel properties, net$1,389,933 $1,424,590