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Investments in Hotel Properties, net (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Schedule of Investment in Hotel Properties

Investments in hotel properties, net consisted of the following (in thousands):

						December 31, 2024						December 31, 2023
Land						$	630,842					$	630,842
Buildings and improvements						1,430,096						1,535,501
Furniture, fixtures and equipment						158,470						166,673
Construction in progress						20,420						36,954
Residences						12,746						12,746
Total cost						2,252,574						2,382,716
Accumulated depreciation						(473,888)						(498,508)
Investments in hotel properties, net						$	1,778,686					$	1,884,208

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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