BRE Select Hotels 10-K 28 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 28, 2019
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Trading Symbol	ck0001566445
Entity Registrant Name	BRE Select Hotels Corp
Entity Central Index Key	0001566445
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	No
Entity Voluntary Filers	Yes
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		100
Entity Public Float	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Investment in real estate, net of accumulated depreciation of $130,231 and $116,180, respectively	$ 674,130	$ 758,259
Hotels held for sale	25,305	65,534
Cash and cash equivalents	20,460	22,491
Restricted cash	11,656	9,111
Due from third-party managers, net	4,802	4,284
Insurance receivable	11,958
Prepaid expenses and other assets	3,892	3,383
Goodwill	98,682	108,466
Deferred tax assets	335	2,984
TOTAL ASSETS	851,220	974,512
LIABILITIES
Accounts payable and accrued expenses	22,706	9,233
Due to third-party managers, net	360	638
Mortgages payable	692,882	738,148
Mortgages payable related to assets of hotels held for sale	22,324	69,905
TOTAL LIABILITIES	738,272	817,924
Commitments and contingencies (Note 8)
7% Series A Cumulative Redeemable Preferred Stock, $1.90 initial liquidation preference, 120,000,000 shares authorized; 43,821,901 shares issued and outstanding at December 31, 2018 and December 31, 2017	82,880	83,040
STOCKHOLDER'S EQUITY
Preferred stock, $0.0001 par value, 30,000,000 shares authorized; none issued and outstanding at December 31, 2018 and December 31, 2017
Common stock, $0.01 par value, 100,000 shares authorized; 100 shares issued and outstanding at December 31, 2018 and December 31, 2017	0	0
Additional paid-in capital	30,068	73,548
TOTAL STOCKHOLDER'S EQUITY	30,068	73,548
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY	$ 851,220	$ 974,512

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Accumulated depreciation of Investment in real estate	$ 130,231	$ 116,180
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000	100,000
Common stock, shares issued	100	100
Common stock, shares outstanding	100	100
7% Series A Cumulative Redeemable Preferred Stock [Member]
Preferred Shares Dividend Percentage	7.00%	7.00%
Preferred stock initial liquidation preference per share	$ 1.90	$ 1.90
Preferred stock, shares authorized	120,000,000	120,000,000
Preferred stock, shares issued	43,821,901	43,821,901
Preferred stock, shares outstanding	43,821,901	43,821,901

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
REVENUE
Revenue	$ 241,323	$ 259,878	$ 286,479
EXPENSES
Operating expense	56,066	60,205	65,437
Hotel administrative expense	21,201	22,989	26,260
Sales and marketing	20,101	21,239	22,311
Repair and maintenance	10,389	9,388	10,841
Management fees	7,367	7,943	9,578
Taxes, insurance and other	14,013	15,153	15,449
General and administrative	13,356	9,157	5,164
Depreciation expense	33,459	35,668	38,507
Total expenses	195,166	202,078	215,818
Impairment of investment in real estate	(23,971)	(13,911)	(17,694)
Gain (loss) on sale of hotel properties	786	3,628	(2,342)
Loss on disposals of investment in real estate		(4,981)
Interest expense, net	(37,003)	(31,722)	(32,144)
Loss on derivatives		(152)	(89)
(Loss) income before income tax (expense) benefit	(14,031)	10,662	18,392
Income tax (expense) benefit	(4,055)	(4,628)	1,198
Net (loss) income	(18,086)	6,034	19,590
Series A Preferred Stock dividends declared	(8,054)	(7,973)	(9,641)
Net (loss) income available for common stockholder	$ (26,140)	$ (1,939)	$ 9,949
Basic and diluted net (loss) income per common share
Basic and diluted net (loss) income per common share available to common stockholder	$ (261,400)	$ (19,390)	$ 99,490
Weighted average common shares outstanding - basic and diluted	100	100	100
Room Revenue [Member]
REVENUE
Revenue	$ 229,548	$ 243,790	$ 268,659
Other Revenue [Member]
REVENUE
Revenue	11,775	16,088	17,820
Utilities [Member]
EXPENSES
Expenses	7,501	8,382	8,995
Franchise Fees [Member]
EXPENSES
Expenses	$ 11,713	$ 11,954	$ 13,276

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Distributions Greater than Net Income [Member]
Beginning balance at Dec. 31, 2015	$ 166,872		$ 166,872
Beginning balance, shares at Dec. 31, 2015		100
Net income (loss)	19,590			$ 19,590
Cash distributions\dividends declared and paid to common stockholder, per share	(54,000)		(34,410)	(19,590)
Preferred dividends earned ($0.1332, $0.1332 and 0.1802 per share for 2016, 2017 and 2018 respectively)	(9,641)		(9,641)
Ending balance at Dec. 31, 2016	122,821		122,821
Ending balance, shares at Dec. 31, 2016		100
Net income (loss)	6,034			6,034
Cash distributions\dividends declared and paid to common stockholder, per share	(47,189)		(41,155)	$ (6,034)
Preferred dividends earned ($0.1332, $0.1332 and 0.1802 per share for 2016, 2017 and 2018 respectively)	(8,118)		(8,118)
Ending balance at Dec. 31, 2017	73,548		73,548
Ending balance, shares at Dec. 31, 2017		100
Net income (loss)	(18,086)		(18,086)
Cash distributions\dividends declared and paid to common stockholder, per share	(17,500)		(17,500)
Preferred dividends earned ($0.1332, $0.1332 and 0.1802 per share for 2016, 2017 and 2018 respectively)	(7,894)		(7,894)
Ending balance at Dec. 31, 2018	$ 30,068		$ 30,068
Ending balance, shares at Dec. 31, 2018		100

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash distributions\dividends declared and paid to common stock, per share	$ 175,000	$ 471,888	$ 540,000
Preferred dividend earned, per share	0.1802	0.1332	0.1332
Additional Paid-In Capital [Member]
Cash distributions\dividends declared and paid to common stock, per share	175,000	471,888	540,000
Preferred dividend earned, per share	$ 0.1802	$ 0.1332	$ 0.1332

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net (loss) income	$ (18,086)	$ 6,034	$ 19,590
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	33,459	35,668	38,507
Impairment of investment in real estate	23,971	13,911	17,694
(Gain) loss on sale of hotel properties	(786)	(3,628)	2,342
Loss on disposals of investment in real estate		4,981
Fair value adjustment of interest rate cap		152	89
Amortization of deferred financing costs	5,570	2,673	4,678
Expense of financing fees for mortgage loan		1,845
Deferred income taxes	2,649	3,067	(5,419)
Other non-cash expenses			(29)
Changes in operating assets and liabilities:
(Increase) decrease in due to/from third-party managers, net	(796)	(241)	407
Decrease in insurance receivable	(1,300)	86	1,429
Increase in prepaid expenses and other assets	(509)	(581)	(1,202)
Increase (decrease) in accounts payable and accrued expenses	4,151	(278)	(659)
(Decrease) increase in other liabilities		(145)	145
Net cash provided by operating activities	49,623	63,544	77,572
Cash flows from investing activities:
Capital improvements	(26,901)	(28,587)	(38,983)
Proceeds from sale of hotel properties	99,163	64,833	74,557
Property insurance proceeds	1,768	762	358
Net cash provided by investing activities	74,030	37,008	35,932
Cash flows from financing activities:
Proceeds from mortgage debt		800,000
Payments of mortgage debt	(98,417)	(776,988)	(53,916)
Payments for financing fees		(12,593)
Payment for interest rate cap		(156)	(89)
Dividends paid to Series A Preferred stockholders	(7,222)	(8,925)	(9,641)
Dividends paid to common stockholder	(17,500)	(47,189)	(54,000)
Net cash used in financing activities	(123,139)	(100,116)	(117,646)
Net increase (decrease) in cash and cash equivalents and restricted cash	514	436	(4,142)
Cash and cash equivalents and restricted cash, beginning of period	31,602	31,166	35,308
Cash and cash equivalents and restricted cash, end of period	32,116	31,602	31,166
Supplemental Cash Flow Information, including Non-Cash Activities:
Interest paid	31,362	29,256	27,776
Taxes paid	1,162	2,318	5,151
Accrued capital improvements	5,905	2,984	5,055
Insurance receivable for loss due to property damage	11,958
7% Series A Cumulative Redeemable Preferred Stock [Member]
Cash flows from financing activities:
Redemption of Series A Preferred Stock		(54,265)
Supplemental Cash Flow Information, including Non-Cash Activities:
Accrued 7% Series A Preferred Stock dividends	$ 2,292	$ 1,459	$ 2,410

Organization

Organization	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization BRE Select Hotels Corp, together with its wholly-owned subsidiaries (the “Company”), is a Delaware corporation that qualifies as a real estate investment trust, or REIT, for federal income tax purposes commencing in the year ended December 31, 2012. The Company was formed on November 28, 2012 to invest in income-producing real estate in the United States through the acquisition of Apple REIT Six, Inc. (“Apple Six”) on behalf of BRE Select Hotels Holdings LP (“BRE Holdings”), a Delaware limited partnership and an affiliate of the Company. All of the common stock of the Company is owned by BRE Holdings, which is an affiliate of Blackstone Real Estate Partners VII L.P. (the “Sponsor”). The acquisition of Apple Six (the “Merger”) was completed on May 14, 2013 (the “Acquisition Date”). As of December 31, 2018, the Company owned 48 hotels located in 16 states with an aggregate of 5,662 rooms.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation - Use of Estimates Cash and Cash Equivalents - Restricted Cash - The following table provides detail regarding cash and restricted cash that sums to the total of such amounts presented in the accompanying consolidated statements of cash flows. December 31, 2018 2017 2016 Cash $ 20,460 $ 22,491 $ 25,170 Restricted cash 11,656 9,111 5,996 Total cash and restricted cash $ 32,116 $ 31,602 $ 31,166 Due from Third-party Managers, net - Due to Third-party Managers, net - Investment in Real Estate and Related Depreciation - The Company considers expenditures to be capital in nature based on the following criteria: (1) for a single asset, the cost must be at least $500, including all normal and necessary costs to place the asset in service, and the useful life must be at least one year; (2) for group purchases of 10 or more identical assets, the unit cost for each asset must be at least $50, including all normal and necessary costs to place the asset in service, and the useful life must be at least one year; and (3) for major repairs to a single asset, the repair must be at least $2,500 and the useful life of the asset must be substantially extended. Impairment of Investment in Real Estate - If events or circumstances change, such as the operating performance of a property declines substantially for an extended period of time, the Company’s carrying value for a particular property may not be recoverable and in such instances an impairment loss may be recorded. Recoverability of assets to be held and used is determined by a comparison of the carrying amount of the assets to the future undiscounted net cash flow expected to be generated by the asset. If the carrying value of such assets exceeds such cash flows, the assets are considered impaired. Impairment losses are measured as the difference between the asset’s fair value and its carrying value. Fair value is determined by using management’s best estimate of the discounted net cash flows over the remaining life of the asset, or other indicators of fair value. During the years ended December 31, 2018 and 2017, respectively, the Company identified indicators of impairment for certain properties. As a result, a test for impairment of each property was performed with fair value determined based on the estimated sales proceeds for the property. The Company estimated the sales proceeds based on the agreement of purchase and sale (subject to certain terms) entered into for the properties, when applicable. The following tables summarize the impairments of investments in real estate recorded in 2018 and 2017, respectively: Date of Impairment Charge Property Impairment June 2018 Residence Inn - Pittsburgh, Pennsylvania $ 13,605 June 2018 Hilton Garden Inn - McAllen, Texas 4,702 September 2018 Residence Inn - Laredo, Texas 393 September 2018 Homewood Suites - Laredo, Texas 1,395 September 2018 Residence Inn - Pittsburgh, Pennsylvania 670 December 2018 Courtyard - Dothan, Alabama 2,777 December 2018 Residence Inn - Laredo, Texas 146 December 2018 Homewood Suites - Laredo, Texas 283 Total impairments of investment in real estate - 2018 $ 23,971 Date of Impairment Charge Property Impairment June 2017 Fairfield Inn - Pensacola, Florida $ 444 June 2017 Courtyard - Valdosta, Georgia 2,544 December 2017 Residence Inn - Huntsville, Alabama 2,974 December 2017 Marriott - Redmond, Washington 7,949 Total impairments of investment in real estate - 2017 $ 13,911 Goodwill – two-step The following table details the carrying amount of the Company’s goodwill at December 31, 2018 and 2017. The goodwill allocated to the sale of hotel properties as of December 31, 2017 represents the goodwill amounts allocated at the Acquisition Date to the Residence Inn – Huntsville, Alabama and Marriott – Redmond, Washington hotel properties which were classified as held for sale as of December 31, 2017 (see Note 5) and sold during the year ended December 31, 2018, and was included within the determination of gain on sale of hotel properties presented in the accompanying consolidated statement of operations and consolidated statement of cash flows for the year ended December 31, 2018. The goodwill allocated to the sale of hotel properties during the year ended December 31, 2017 represents the goodwill amounts allocated at the Acquisition Date to the Fairfield Inn – Huntsville, Alabama, TownePlace Suites – Arlington, Texas, Springhill Suites – Clearwater, Florida, TownePlace Suites – Las Colinas, Texas, Courtyard – Albany, Georgia, Springhill Suites – Arlington, Texas, Courtyard – Valdosta, Georgia and Fairfield Inn – Pensacola, Florida hotel properties which were sold during the year ended December 31, 2017, and is included within the determination of gain on sale of hotel properties presented in the accompanying consolidated statement of operations and consolidated statement of cash flows for the year ended December 31, 2017. Balance as of December 31, 2016 $ 116,470 Allocated to sale of hotel properties (8,004 ) Balance as of December 31, 2017 108,466 Allocated to sale of hotel properties (9,784 ) Balance as of December 31, 2018 $ 98,682 Revenue Recognition - 2014-09, Revenue from Contracts with Customers 2014-09 Room revenue is generated through contracts with customers whereby the customers agree to pay a daily rate for right to use a hotel room. The Company’s contract performance obligations are fulfilled at the end of the day that the customer is provided the room and revenue is recognized daily at the contract rate. Payment from the customer is secured at the end of the contract upon check-out Food and beverage revenue is generated through contracts with customers whereby the customer agrees to pay a contract rate for restaurant dining services or banquet services. The Company’s contract performance obligations are fulfilled at the time that the meal is provided to the customer or when the banquet facilities and related dining amenities are provided to the customer. The Company believes there are no significant judgments made in the recognition of food and beverage revenue. The Company recognized $7.3 million, $10.4 million, and $12.0 million of food and beverage revenue during the years ended December 31, 2018, 2017, and 2016, respectively. Food and beverage revenue is included in other revenue in the Company’s consolidated statements of operations. Sales and Marketing Costs - Income Taxes - Valuation of Deferred Tax Assets - (Loss) income per Common Share Segment Information - Recent Accounting Pronouncements - 2016-02, Leases 2018-11 2016-02 non-lease right-of-use right-of-use In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments 2016-15 Statement of Cash Flows In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory 2016-16 In January 2017, the FASB issued ASU 2017-01, Clarifying the Definition of a Business. 2017-01 2017-01 In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. 2017-04 2017-04 In February 2017, the FASB issued ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20), 610-20 2014-09,

Investment in Real Estate, net

Investment in Real Estate, net	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Investment in Real Estate, net	3. Investment in Real Estate, net Investment in real estate, net as of December 31, 2018 and 2017 consisted of the following: December 31, December 31, 2018 2017 Land and Improvements $ 109,033 $ 117,418 Building and Improvements 630,723 693,132 Furniture, Fixtures and Equipment 57,843 57,422 Construction in Progress 6,762 6,467 804,361 874,439 Less: Accumulated Depreciation (130,231 ) (116,180 ) Investment in Real Estate, net $ 674,130 $ 758,259

Sale of Hotel Properties

Sale of Hotel Properties	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Sale of Hotel Properties	4. Sale of Hotel Properties During the year ended December 31, 2018, the Company sold four hotels as summarized below. Hotel Date of Sale Proceeds Gain/ Mortgage Residence Inn - Huntsville, Alabama January 2018 $ 7,587 $ - $ 7,587 Marriott - Redmond, Washington February 2018 68,458 704 68,917 Residence Inn - Pittsburgh, Pennsylvania October 2018 9,364 (5 ) 7,709 Springhill Suites - Fort Worth, Texas December 2018 13,754 87 13,720 Total $ 99,163 $ 786 $ 97,933 The Company received proceeds of $99.2 million from the sale of these hotels, which are net of $3.1 million in selling costs. Due to the sale of these hotels, the Company made an additional principal payment of $6.6 million in order to comply with the debt yield as required under the terms of the Company’s mortgage loan agreement. During the year ended December 31, 2017, the Company recorded a $10.9 million impairment associated with classifying the Residence Inn – Huntsville, Alabama property and the Marriott – Redmond, Washington property as held for sale (see Note 5). During the year ended December 31, 2017, the Company sold eight hotels as summarized below. Hotel Date of Sale Proceeds Gain Mortgage Fairfield Inn - Huntsville, Alabama January 2017 $ 4,575 $ - $ 4,444 TownePlace Suites - Arlington, Texas January 2017 8,001 - 3,606 Springhill Suites - Clearwater, Florida January 2017 5,767 - 4,971 TownePlace Suites - Las Colinas, Texas January 2017 16,867 3,072 8,248 Courtyard - Albany, Georgia February 2017 8,628 - 6,242 Springhill Suites - Arlington, Texas March 2017 9,015 556 8,360 Courtyard - Valdosta, Georgia June 2017 6,584 - 5,423 Fairfield Inn - Pensacola, Florida July 2017 5,396 - - Total $ 64,833 $ 3,628 $ 41,294 The mortgage payable attributable to the Fairfield Inn – Pensacola, Florida property was repaid in connection with the July 7, 2017 mortgage loan refinancing described in Note 6. Accordingly, the Fairfield Inn – Pensacola, Florida property was unencumbered when sold on July 13, 2017. The Company received proceeds of $64.8 million from the sales of these hotels, which are net of $2.4 million in selling costs. Due to the sale of some of these hotels, the Company made an additional principal payment of $2.6 million in order to comply with the debt yield as required under the terms of the Company’s previous mortgage loan agreement.

Hotels Held for Sale

Hotels Held for Sale	12 Months Ended
	Dec. 31, 2018
Text Block [Abstract]
Hotels Held for Sale	5. Hotels Held for Sale During the fourth quarter of 2018, the Company committed to a plan to sell three hotels, and accordingly, the hotels were classified as hotels held for sale as of December 31, 2018. Hotels held for sale presented in the consolidated balance sheet consists of the investment in real estate of each hotel, which was measured at December 31, 2018 at the lower of carrying value or fair value, less costs to sell. Mortgages payable related to assets of hotels held for sale presented in the consolidated balance sheet represents the principal of the mortgages payable that the Company is contractually required to repay in connection with the sale of the hotels. There are no other major captions of assets or liabilities related to the hotels held for sale. The following is a summary of hotels held for sale as of December 31, 2018. Hotel Assets of Hotels Homewood Suites - Laredo, Texas $ 9,748 Residence Inn - Laredo, Texas 9,252 Courtyard - Dothan, Alabama 6,305 Total $ 25,305 Subsequent to December 31, 2018, the Company sold the three hotels held for sale as summarized below: Hotel Date of Sale Proceeds Mortgage Homewood Suites - Laredo, Texas January 2019 $ 9,748 $ 8,159 Residence Inn - Laredo, Texas February 2019 9,252 7,149 Courtyard - Dothan, Alabama February 2019 6,271 7,016 Total $ 25,271 $ 22,324 During the fourth quarter of 2017, the Company committed to a plan to sell two hotels and accordingly the hotels were classified as hotels held for sale as of December 31, 2017. Hotels held for sale presented in the consolidated balance sheet consists of the investment in real estate of each hotel, which was measured at December 31, 2017 at the lower of carrying value or fair value, less costs to sell. Mortgages payable related to assets of hotels held for sale presented in the consolidated balance sheet represents the principal of the mortgages payable that the Company is contractually required to repay in connection with the sale of the hotels. There are no other major captions of assets or liabilities related to the hotels held for sale. The following is a summary of hotels held for sale as of December 31, 2017. Hotel Assets of Hotels Residence Inn - Huntsville, Alabama $ 6,341 Marriott - Redmond, Washington 59,193 Total $ 65,534 Subsequent to December 31, 2017, the Company sold the two hotels held for sale as summarized below: Hotel Date of Sale Proceeds Mortgage Residence Inn - Huntsville, Alabama January 2018 $ 7,587 $ 4,694 Marriott - Redmond, Washington February 2018 67,753 65,211 Total $ 75,340 $ 69,905

Mortgages Payable

Mortgages Payable	12 Months Ended
	Dec. 31, 2018
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
Mortgages Payable	6. Mortgages Payable Mortgages payable as of December 31, 2018 and 2017 consisted of the following: December 31, 2018 2017 Mortgages payable before unamortized deferred financing costs $ 695,387 $ 746,223 Unamortized deferred financing costs (2,505 ) (8,075 ) Mortgages payable related to assets held and used $ 692,882 $ 738,148 Mortgages payable related to assets of hotels held for sale 22,324 69,905 Total mortgages payable $ 715,206 $ 808,053 On July 7, 2017, certain indirect wholly-owned subsidiaries (the “Borrowers”) of the Company entered into a loan agreement (the “Loan Agreement”) with Morgan Stanley Bank, N.A., Bank of America, N.A., Citigroup Global Markets Realty Corp., and JPMorgan Chase Bank, National Association (collectively, the “Lenders”), pursuant to which the Borrowers obtained an $800 million mortgage loan from the Lenders (the “Loan”). The Loan was secured by first-priority, cross-collateralized mortgage liens on 51 of the 52 properties then owned or ground-leased by certain subsidiaries of the Company, all related personal property, reserves, a pledge of all income received by the Borrowers with respect to the properties, a pledge of the ownership interests in the operating lessee, BRE Select Hotels Operating LLC, a subsidiary of the Company (the “Operating Lessee”), and a security interest in deposit accounts. A portion of the proceeds from the Loan was used to repay the mortgage loan obtained on December 3, 2014 by the Borrowers, in the aggregate original principal amount of $830 million (the “2014 Loan”) and with an aggregate outstanding principal amount of $732.6 million as of the date of repayment. Accordingly, on July 7, 2017, the Borrowers repaid in full, cancelled and terminated their respective mortgage loan agreements outstanding under the 2014 Loan at that date without any penalties incurred. The initial interest rate of the Loan is equal to the one-month one-year In connection with the Loan, the Company capitalized deferred financing costs of $10.8 million, which consists of amounts paid for direct and indirect costs associated with the origination of the Loan. The Company additionally incurred $1.8 million of professional fees and other costs associated with the Loan that did not meet the criteria for capitalization as deferred financing costs, and were included in general and administrative expense in the consolidated statement of operations for the year ended December 31, 2017. Deferred financing costs were $2.5 million and $8.1 million as of December 31, 2018 and 2017, respectively, and are presented as a direct deduction of mortgages payable on the consolidated balance sheets. Such costs are amortized on a straight-line basis (which approximates the effective interest method) over the term of the related debt. As part of the Merger, the Company assumed an existing loan with a commercial lender secured by the Company’s Fort Worth, Texas Residence Inn property. The loan matures on October 6, 2022 and carries a fixed interest rate of 4.73%. The outstanding principal balance was $15.6 million and $16.1 million as of December 31, 2018 and 2017, respectively, and is included in mortgages payable in the consolidated balance sheets. Components of interest expense for the years ended December 31, 2018, 2017, and 2016 were as follows: Year Ended December 31, 2018 2017 2016 Mortgage debt $ 31,535 $ 29,330 $ 27,829 Amortization of deferred financing costs 5,570 2,673 4,678 Capitalized interest (102 ) (281 ) (363 ) Total interest expense, net $ 37,003 $ 31,722 $ 32,144 The Company had an effective interest rate of 4.20%, 3.61% and 3.34% for its debt during 2018, 2017, and 2016, respectively. As of December 31, 2018 and 2017, the Company’s weighted average interest rate on its debt was 4.61% and 3.65%, respectively. Future scheduled principal payments of debt obligations (including the sale of the hotels held for sale as of December 31, 2018 during fiscal year 2019) as of December 31, 2018 are as follows: 2019 $ 702,580 2020 533 2021 562 2022 14,036 2023 - Thereafter - Total $ 717,711

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	7. Fair Value of Financial Instruments In accordance with the authoritative guidance on fair value measurements and disclosures, the Company measures nonfinancial assets and liabilities subject to nonrecurring measurement and financial assets and liabilities subject to recurring measurement based on a hierarchy that prioritizes inputs to valuation techniques used to measure the fair value. Inputs used in determining fair value should be from the highest level available in the following hierarchy: Level 1 Level 2 Level 3 Determining estimated fair values of the Company’s financial instruments such as mortgages payable requires considerable judgment to interpret market data. The market assumptions and/or estimation methodologies used may have a material effect on estimated fair value amounts. Accordingly, the estimates presented are not necessarily indicative of the amounts by which these instruments could be purchased, sold, or settled. The table excludes cash, restricted cash, due from third-party managers, net, insurance receivable, accounts payable and accrued expenses, and due to third-party managers, net, all of which had fair values approximating their carrying amounts due to the short maturities and liquidity of these instruments. Carrying amounts and estimated fair values of financial instruments, for periods indicated, were as follows: December 31, 2018 December 31, 2017 Carrying Estimated Carrying Estimated Value Fair Value Value Fair Value Financial liabilities not measured at fair value: Mortgages payable and mortgages payable related to assets of hotels held for sale $ 717,711 $ 717,227 $ 816,128 $ 815,677 Interest rate caps – one-year Mortgages payable and mortgages payable related to assets of hotels held for sale – Impairment of investment in real estate –

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies The Company carries comprehensive insurance, including general liability, property, rental loss and umbrella liability coverage on all of its hotels. In addition, the Company carries flood coverage on certain hotels when available on commercially reasonable terms for hotels where the Company believes such coverage is warranted or required under the terms of the Loan. On or around June 5, 2015, the Company evacuated and temporarily closed the Homewood Suites in Fort Worth, Texas due to damage incurred from a major storm in the area in late May 2015. Remediation work commenced immediately, and while the hotel partially reopened on October 27, 2015, all rooms were not restored to service until April 2017. Three other hotels the Company owns in the Dallas-Fort Worth area (SpringHill Suites Dallas Downtown, TownePlace Suites Las Colinas, and Residence Inn Fort Worth Cultural District) were significantly damaged in the same May 2015 storm. The remaining insurance receivables related to fiscal year 2015 property insurance claims totaled $5.1 million as of December 31, 2016. After negotiations with the insurance providers failed to resolve the dispute, the Company filed a lawsuit in August 2017 in order to collect the remaining amounts due from the insurance providers. Since the matter was subject to litigation and the collectability of the insurance receivable was no longer deemed probable and reasonably assured due to the uncertainty involved with the outcome of the litigation, during the fourth quarter of 2017, the Company recorded an allowance of $5.0 million against the insurance receivable and a corresponding loss on disposals of investment in real estate of $5.0 million for the year ended December 31, 2017. The Company collected $0 and $0.1 million of the insurance receivable during the years ended December 31, 2018 and 2017, respectively. On March 4, 2019, the Company and the property insurer defendants concluded a settlement agreement for $16.0 million, resolving the insurance coverage dispute between them with respect to the properties at issue in the coverage litigation. In addition, the Company and a separate pollution legal liability insurer defendant have reached an agreement-in-principle In September 2018, the Company evacuated and temporarily closed the Courtyard in Myrtle Beach, South Carolina due to damage incurred from Hurricane Florence. In October 2018, Hurricane Michael struck the Florida Panhandle as a category 4 hurricane which resulted in widespread damage, flooding, and power outages. The Company evacuated and temporarily closed the Courtyard Panama City and three additional hotels were also impacted by the hurricane, but were able to remain open. The Company maintains insurance which is subject to a deductible of approximately $1.3 million. The Company recorded an insurance receivable of $12.0 million for the insurance claims as of December 31, 2018 and an impairment of investment in real estate of $4.8 million during the year ended December 31, 2018, which represents the Company’s estimate of property damage and remediation costs incurred up to the insurance policy deductibles. The Company also anticipates receiving proceeds from business interruption insurance to cover business lost as a result of the hurricanes. Litigation – The Company, as the successor to Apple Six, is subject to claims for alleged acts of Apple Six that occurred prior to the Merger. On February 24, 2017, a putative class action, captioned Wilchfort v. Knight, et al. 17-cv-01046 successor-in-interest 17-cv-1046 17-cv-01046 In February 2017, the Company received $1.4 million in proceeds from the Deepwater Horizon Economic and Property Damages Settlement Program arising out of damages suffered by four properties prior to the Merger. The proceeds are included in other revenue in the consolidated statement of operations for the year ended December 31, 2017. Franchise Agreements Management Agreements – month-to-month TRS Lease Agreements – Ground Leases 2019 $ 107 2020 45 2021 - 2022 - Thereafter - Total $ 152

7% Series A Cumulative Redeemab

7% Series A Cumulative Redeemable Preferred Stock	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
7% Series A Cumulative Redeemable Preferred Stock	9. 7% Series A Cumulative Redeemable Preferred Stock In connection with the Merger, the Company issued 97,032,848 shares of Series A Preferred Stock. The terms of these shares provide the Company with the right to redeem such shares at any time for an amount equal to the liquidation preference, plus any accumulated and unpaid dividends. In addition, the terms of these shares include an option for a holder of such shares to require the Company to redeem all or a portion of such holder’s shares on or after November 14, 2020 for an amount equal to the liquidation preference, plus any accumulated and unpaid dividends. The initial dividend rate on these shares was 7% per annum. The dividend rate increased from 7% per annum to 11% per annum on May 14, 2018. Due to the put option provided to the holders of these shares, such shares have been classified outside of permanent stockholder’s equity. The initial liquidation preference of $1.90 per share will be subject to downward adjustment should net costs and payments relating to litigation and regulatory matters for alleged legacy acts exceed $3.5 million from the date of the Merger described in Note 1. On March 1, 2019, we entered into an agreement to settle litigation relating to alleged legacy acts for $3.75 million (see Part I, Item 3, “Legal Proceedings” for additional information regarding the litigation.) After giving effect to the payment of such settlement amount and related expenses, the net costs and payments relating to litigation and regulatory matters for alleged legacy acts exceed $3.5 million. Although the terms of the Series A Preferred Stock contemplate a reduction to the initial liquidation preference of the Series A Preferred Stock should such net costs and payments exceed $3.5 million, as part of the settlement agreement, the Company agreed to not reduce the liquidation preference of the Class A Preferred Stock as a result of the settlement amount and related expense. Under the settlement agreement, such net costs and payments are deemed to equal $3.5 million upon the Company’s payment of the settlement amount to an escrow account for the class. The settlement remains subject to preliminary and final court approval. The Company recognizes changes in the redemption value immediately as they occur and adjusts the carrying amount of the Series A Preferred Stock to equal the redemption value at the end of each reporting period. As of December 31, 2018, the initial liquidation preference has not been adjusted. On August 6, 2017 (the “redemption date”), the Company used proceeds from the Loan (see Note 6) in the amount of approximately $54.5 million to redeem 28,560,947 shares of Series A Preferred Stock, representing approximately 39.458% of the total shares of Series A Preferred Stock outstanding on the redemption date. The shares of Series A Preferred Stock were redeemed on a pro-rata As of December 31, 2018 and 2017, BRE Holdings owned approximately 0.9 million shares of the Series A Preferred Stock, respectively. Dividends were declared to be paid in cash for all four quarters of 2018, 2017 and 2016, of which 100% were characterized as ordinary income. During the year ended December 31, 2018, the Board of Directors of the Company declared the following dividends on the Series A Preferred Stock: Dividend Dividend Dividend Declaration Date Per Record Date Payment Date March 26, 2018 $ 0.0333 April 1, 2018 April 16, 2018 June 29, 2018 $ 0.0459 July 1, 2018 July 16, 2018 October 12, 2018 $ 0.0523 October 1, 2018 October 17, 2018 December 18, 2018 $ 0.0523 January 1, 2019 January 10, 2019 As of December 31, 2018, the Company accrued $2.3 million for the dividend declared on December 18, 2018, which is included in accounts payable and accrued expenses in the consolidated balance sheet. The table below reconciles the Series A Preferred Stock for the years ended December 31, 2018, 2017 and 2016: Ending balance as of December 31, 2015 $ 137,160 Dividends declared in 2016 (9,641 ) Dividends earned in 2016 9,641 Ending balance as of December 31, 2016 $ 137,160 Dividends declared in 2017 (7,973 ) Dividends earned in 2017 8,118 Redemption of preferred shares (54,265 ) Ending balance as of December 31, 2017 $ 83,040 Dividends declared in 2018 (8,054 ) Dividends earned in 2018 7,894 Ending balance as of December 31, 2018 $ 82,880 On March 26, 2019, the Board of Directors of the Company approved the redemption of 20,945,000 shares of Series A Preferred Stock from holders of record on March 29, 2019 (representing approximately 47.80% of the total Series A Preferred Stock outstanding) with the aggregate redemption price expected to be approximately $40.0 million. The shares of Series A Preferred Stock are scheduled to be redeemed on May 1, 2019 with payment for such redeemed shares to occur shortly thereafter. The foregoing disclosure does not constitute a notice of redemption of the Series A Preferred Stock

Stockholder's Equity

Stockholder's Equity	12 Months Ended
	Dec. 31, 2018
Federal Home Loan Banks [Abstract]
Stockholder's Equity	10. Stockholder’s Equity The Company is authorized to issue 150,100,000 shares of capital stock pursuant to its Amended and Restated Certificate of Incorporation, consisting of (i) 100,000 shares of common stock, par value $0.01 per share, and (ii) 150,000,000 shares of preferred stock, par value $0.0001 per share. Holders of the Company’s common stock are entitled to one vote for each share of common stock held. At December 31, 2018 and 2017, there were 100 shares of common stock issued and outstanding. BRE Holdings owns 100% of the Company’s issued and outstanding common stock. Dividends were declared to be paid in cash for all four quarters of 2018, of which 1.42% were characterized as ordinary income and 98.58% were characterized as return on capital. During the year ended December 31, 2018, the Board of Directors of the Company declared the following dividends on the common stock: Dividend Dividend Dividend Declaration Date per Share Record Date Payment Date February 8, 2018 $ 40,000.00 February 8, 2018 February 9, 2018 May 11, 2018 $ 60,000.00 May 11, 2018 May 15 and 21, 2018 August 17, 2018 $ 20,000.00 August 17, 2018 August 17, 2018 October 30, 2018 $ 55,000.00 November 14, 2018 November 14, 2018 Dividends were declared to be paid in cash for all four quarters of 2017, of which 27.96% were characterized as ordinary income and 72.04% were characterized as return of capital. During the year ended December 31, 2017, the Board of Directors of the Company declared the following dividends on the common stock: Dividend Dividend Dividend Declaration Date per Share Record Date Payment Date February 10, 2017 $ 100,000.00 February 10, 2017 February 13, 2017 May 12, 2017 $ 142,500.00 May 12, 2017 May 15, 2017 July 13, 2017 $ 64,387.71 July 13, 2017 July 14, 2017 August 2, 2017 $ 100,000.00 August 2, 2017 August 3, 2017 November 8, 2017 $ 65,000.00 November 8, 2017 November 9, 2017

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	11. Income Taxes The Company accounts for TRS income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to the differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. The analysis utilized by the Company in determining the deferred tax valuation allowances involves considerable management judgment and assumptions. The provision for income taxes differs from the amounts of income tax determined by applying the applicable U.S. statutory federal income tax rate to pretax income as a result of the following differences. Year Ended December 31, 2018 2017 2016 Statutory federal income tax provision ($ 3,041 ) 21.0 % $ 3,625 34.0 % $ 6,253 34.0 % Adjustment for nontaxable income 583 (4.0 %) (6,012 ) (56.4 %) (6,635 ) (36.1 %) State income taxes, net of federal income tax benefit (63 ) 0.4 % 136 1.3 % 126 0.7 % Contributions to TRS - 0.0 % - 0.0 % (942 ) (5.1 %) Change in federal tax rate 191 (1.3 %) 3,502 32.8 % - 0.0 % Valuation allowance 6,385 (44.1 %) 3,377 31.7 % - 0.0 % Other - 0.0 % - 0.0 % - 0.0 % Total income tax expense (benefit) $ 4,055 (28.0 %) $ 4,628 43.4 % ($ 1,198 ) (6.5 %) The components of the Company’s income tax expense (benefit) for the years ended December 31, 2018, 2017, and 2016 were as follows: Year Ended December 31, 2018 2017 2016 Income tax expense (benefit): Current: Federal $ 1,025 $ 1,452 $ 3,353 State 380 254 728 Deferred: Federal 2,488 2,685 (4,822 ) State 162 237 (457 ) Total $ 4,055 $ 4,628 ($ 1,198 ) The components of the consolidated TRS’s net deferred tax assets and liabilities as of December 31, 2018 and 2017 were as follows: December 31, 2018 2017 Deferred tax assets: Accrued expenses and other $ 361 $ 357 Prepaid expenses and other - 2 Investment in real estate book-tax 2,851 4,292 Goodwill book-tax 2,511 1,096 Net operating loss carryforward 5,385 1,549 Total deferred tax assets before valuation allowances 11,108 7,296 Valuation allowances (10,747 ) (4,312 ) Deferred tax assets $ 361 $ 2,984 Deferred tax liabilities: Prepaid expenses and other ($ 26 ) $ - Deferred tax asset, net $ 335 $ 2,984 In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some or all of the deferred tax assets will not be realized. The $10.7 million and $4.3 million valuation allowances recorded at December 31, 2018 and 2017, respectively, are for net operating loss (“NOL”) carryforwards where it is not considered more likely than not that the NOL carryforwards will be realized prior to expiration. The NOL carryforwards will begin to expire in 2034. Based on tax planning strategies and projections for future taxable income over the periods in which the deferred tax assets are deductible, the Company believes it is more likely than not that the remaining deferred tax assets will be realized. A position taken or expected to be taken by the Company in a tax return is recognized, or derecognized, in the consolidated financial statements when it is more likely than not that the position would be sustained upon examination by tax authorities. A recognized tax position is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. As of December 31, 2018, the Company does not have any uncertain tax positions. The Company’s policy for interest and penalties, if any, on uncertain tax positions recognized in the consolidated financial statements is to classify these as interest expense and operating expense, respectively. The Company conducts business and files tax returns in the United States and numerous states and local jurisdictions. The Company’s tax years are generally open after 2014. On December 22, 2017, the United States (U.S.) government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). The Tax Act contains significant changes to existing tax law including, among other things, a reduction in the U.S. federal statutory tax rate from 34% to 21%. As a result of the Tax Act, the Company has revised its effective federal statutory income tax rate to reflect a reduction in the rate from 34% to 21% effective January 1, 2018. The Company remeasured its U.S. federal net deferred tax assets as of December 31, 2018 at the lower effective tax rate and recorded a tax expense of $4.1 million for the year ended December 31, 2018.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	12. Related Party Transactions The Sponsor and its affiliates are in the business of making investments in companies and real estate assets and currently own, and may, from time to time acquire and hold, in each case, interests in businesses or assets that compete directly or indirectly with the Company. In addition, certain affiliates of the Sponsor have significant influence over Hilton, which indirectly owns the entities that serve as franchisors and receive franchise fees for 26 of the hotels owned by the Company. As of the end of May 2018, the Sponsor no longer has an equity investment in Hilton, however, an executive of the Sponsor is the Chairman of the Board of Directors of Hilton. In accordance with the Company’s certificate of incorporation, the Sponsor has no obligation to present any corporate opportunities to the Company or to conduct its other business and investment affairs in the best interests of the Company or holders of Series A Preferred Stock. In connection with the Sponsor’s and its affiliates’ business activities, the Sponsor, BRE Holdings or any of their affiliates, including, without limitation, Hilton or its subsidiaries, may from time to time enter into arrangements with the Company or its subsidiaries. These arrangements may be subject to restrictions on affiliate transactions contained in agreements entered into in connection with the Loan. The Company incurred $18.6 million, $18.1 million and $17.5 million of franchise fees, marketing fees, and other expenses during the years ended December 31, 2018, 2017 and 2016, respectively, under agreements with Hilton or its subsidiaries. No amounts were owed to Hilton at either December 31, 2018 or December 31, 2017. A management company provided services to the Company including financial, accounting, administrative and other services that may be requested from time to time pursuant to a corporate services agreement. Affiliates of the Sponsor hold a management interest in this management company. The Company paid $3.9 million, $2.2 million and $1.6 million to this management company during the years ended December 31, 2018, 2017 and 2016, respectively. In addition, the Company prepaid this management company $0.5 million and $0 at December 31, 2018 and 2017, respectively, which is included in prepaid expenses and other assets in the consolidated balance sheets.

Quarterly Financial Data (unaud

Quarterly Financial Data (unaudited)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (unaudited)	13. Quarterly Financial Data (unaudited) Quarter Ended - 2018 March 31 June 30 September 30 December 31 (a) (in thousands, except per share data) Revenues $ 55,777 $ 64,798 $ 67,580 $ 53,168 Net income (loss) 346 (8,552 ) 4,453 (14,333 ) Series A Preferred Stock dividends declared (1,459 ) (2,011 ) (2,292 ) (2,292 ) Net (loss) income available for common stockholder (1,113 ) (10,563 ) 2,161 (16,625 ) Basic and diluted net (loss) income per common share available to common stockholder ($ 11,130.00 ) ($ 105,630.00 ) $ 21,610.00 ($ 166,250.00 ) Distributions declared and paid per common share $ 40,000.00 $ 60,000.00 $ 20,000.00 $ 55,000.00 Quarter Ended - 2017 March 31 (b) June 30 September 30 December 31 (c) (in thousands, except per share data) Revenues $ 61,320 $ 69,923 $ 71,747 $ 56,888 Net income (loss) 9,210 6,905 5,242 (15,323 ) Series A Preferred Stock dividends declared (2,410 ) (2,411 ) (1,693 ) (1,459 ) Net income (loss) available for common stockholder 6,800 4,494 3,549 (16,782 ) Basic and diluted net income (loss) per common share available to common stockholder $ 68,000.00 $ 44,940.00 $ 35,490.00 ($ 167,820.00 ) Distributions declared and paid per common share $ 100,000.00 $ 142,500.00 $ 164,387.71 $ 65,000.00 (a) Includes $3.75 million related to the Apple Six litigation settlement (see Note 8). (b) Includes $1.4 million in proceeds from the Deepwater Horizon Economic and Property Damages Settlement Program (see Note 8). (c) Includes $5.0 million loss on disposals of investment in real estate due to allowance recorded against the Company’s insurance receivable (see Note 8).

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate and Accumulated Depreciation	BRE SELECT HOTELS CORP SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION AS OF DECEMBER 31, 2018 (dollars in thousands) Initial Cost to Company (1) Costs Gross Cost at Which Carried at Close of Period (3) (4) City State Brand Encumbrances Land Building and Land, Land Bldg/FF&E/ Total Acc Depr Year of Date Depreciable Dothan Alabama Hampton Inn & Suites 9,123 1,110 6,700 1,774 1,115 8,469 9,584 (1,498 ) 2004 May-13 3 -39 yrs. Tuscaloosa Alabama Courtyard 4,639 - 7,690 2,011 19 9,682 9,701 (1,873 ) 1996 May-13 3 -39 Tuscaloosa Alabama Fairfield Inn 3,031 - 3,990 1,762 38 5,714 5,752 (1,207 ) 1996 May-13 3 -39 Anchorage Alaska Hampton Inn 10,001 2,020 12,980 2,083 2,077 15,006 17,083 (3,013 ) 1997 May-13 3 -39 Anchorage Alaska Hilton Garden Inn 15,137 2,530 20,780 2,857 2,583 23,584 26,167 (4,275 ) 2002 May-13 3 -39 Anchorage Alaska Homewood Suites 14,934 3,190 19,510 2,059 3,335 21,424 24,759 (3,739 ) 2004 May-13 3 -39 Phoenix Arizona Hampton Inn 13,920 3,930 7,190 1,880 3,942 9,058 13,000 (1,650 ) 1998 May-13 3 -39 Arcadia California Hilton Garden Inn 18,853 2,940 14,310 2,544 3,001 16,793 19,794 (3,295 ) 1999 May-13 3 -39 Arcadia California SpringHill Suites 13,785 2,610 9,130 2,692 2,674 11,758 14,432 (2,857 ) 1999 May-13 3 -39 Bakersfield California Hilton Garden Inn 8,717 1,260 10,490 3,080 1,266 13,564 14,830 (2,569 ) 2004 May-13 3 -39 Folsom California Hilton Garden Inn 10,677 1,310 11,000 1,988 1,343 12,955 14,298 (2,457 ) 1999 May-13 3 -39 Foothill California Hampton Inn 7,433 2,970 5,080 2,077 3,019 7,108 10,127 (1,805 ) 1998 May-13 3 -39 Lake Forest California Hilton Garden Inn 11,488 4,250 10,440 2,322 4,274 12,738 17,012 (2,676 ) 2004 May-13 3 -39 Milpitas California Hilton Garden Inn 36,627 6,600 22,190 3,748 6,604 25,934 32,538 (4,468 ) 1999 May-13 3 -39 Roseville California Hilton Garden Inn 12,974 2,470 4,260 3,713 2,515 7,928 10,443 (1,419 ) 1999 May-13 3 -39 San California Hilton Garden Inn 38,992 7,920 29,100 3,440 7,942 32,518 40,460 (5,563 ) 1999 May-13 3 -39 Glendale Colorado Hampton Inn & Suites 17,637 3,480 17,090 3,645 3,490 20,725 24,215 (4,019 ) 1999 May-13 3 -39 Lakewood Colorado Hampton Inn 20,137 2,520 12,590 2,752 2,545 15,317 17,862 (2,931 ) 2003 May-13 3 -39 Farmington Connecticut Courtyard 14,191 2,600 15,030 2,394 2,623 17,401 20,024 (3,646 ) 2005 May-13 3 -39 Rocky Hill Connecticut Residence Inn 12,163 1,640 14,700 1,834 1,717 16,457 18,174 (3,262 ) 2005 May-13 3 -39 Wallingford Connecticut Homewood Suites 10,812 1,250 12,530 2,235 1,336 14,679 16,015 (2,537 ) 2005 May-13 3 -39 Lake Mary Florida Courtyard 7,433 1,190 5,570 1,898 1,206 7,452 8,658 (1,528 ) 1995 May-13 3 -39 Lakeland Florida Residence Inn 9,798 630 9,740 2,145 655 11,860 12,515 (2,566 ) 2001 May-13 3 -39 Panama Florida Courtyard 9,460 560 7,310 1,096 578 8,388 8,966 (1,572 ) 2006 May-13 3 -39 Pensacola Florida Courtyard 8,244 610 8,740 3,460 643 12,167 12,810 (1,874 ) 1997 May-13 3 -39 Pensacola Florida Hampton Inn & Suites 9,528 540 6,540 1,751 557 8,274 8,831 (1,736 ) 2005 May-13 3 -39 Tallahassee Florida Hilton Garden Inn 10,947 2,270 9,780 2,224 2,279 11,995 14,274 (2,116 ) 1997 May-13 3 -39 Columbus Georgia Residence Inn 8,109 1,190 7,600 1,910 1,223 9,477 10,700 (2,315 ) 2003 May-13 3 -39 Mt. Olive New Jersey Residence Inn 13,718 2,930 14,860 2,371 2,993 17,168 20,161 (3,472 ) 2005 May-13 3 -39 Somerset New Jersey Homewood Suites 12,163 3,120 8,830 2,245 3,124 11,071 14,195 (2,201 ) 2005 May-13 3 -39 Saratoga New York Hilton Garden Inn 14,191 960 17,020 2,933 979 19,934 20,913 (3,380 ) 1999 May-13 3 -39 Roanoke North Hilton Garden Inn 11,082 1,740 3,870 2,038 1,744 5,904 7,648 (862 ) 2008 May-13 3 -39 Hillsboro Oregon Courtyard 24,732 3,240 11,280 3,445 3,259 14,706 17,965 (2,558 ) 1996 May-13 3 -39 Hillsboro Oregon Residence Inn 30,476 3,790 16,540 3,949 3,809 20,470 24,279 (4,429 ) 1994 May-13 3 -39 Hillsboro Oregon TownePlace Suites 24,462 3,200 11,070 2,495 3,237 13,528 16,765 (3,077 ) 1999 May-13 3 -39 Portland Oregon Residence Inn 69,377 8,430 59,480 5,781 8,446 65,245 73,691 (11,035 ) 2001 May-13 3 -39 Myrtle South Courtyard 10,271 1,240 9,570 2,726 1,300 12,236 13,536 (2,642 ) 1999 May-13 3 -39 Nashville Tennessee Homewood Suites 14,731 1,010 10,670 2,025 1,046 12,659 13,705 (2,156 ) 1999 May-13 3 -39 Dallas Texas SpringHill Suites 14,191 1,200 14,660 1,440 1,210 16,090 17,300 (3,067 ) 1997 May-13 3 -39 Fort Worth Texas Homewood Suites 12,163 1,250 12,180 8,763 1,269 20,924 22,193 (2,861 ) 1999 May-13 3 -39 Fort Worth Texas Residence Inn 15,641 3,850 16,740 3,011 3,870 19,731 23,601 (3,745 ) 2005 May-13 3 -39 McAllen Texas Hilton Garden Inn 5,879 1,510 7,490 (3,574 ) 820 4,606 5,426 (120 ) 2000 May-13 3 -39 Kent Washington TownePlace Suites 19,124 2,180 13,140 2,238 2,224 15,334 17,558 (3,110 ) 1999 May-13 3 -39 Mukilteo Washington TownePlace Suites 11,961 3,020 11,920 1,950 3,046 13,844 16,890 (2,826 ) 1999 May-13 3 -39 Renton Washington Hilton Garden Inn 22,435 2,010 19,190 4,311 2,059 23,452 25,511 (4,224 ) 1998 May-13 3 -39 $ 695,387 $ 108,270 $ 580,570 $ 115,521 $ 109,034 $ 695,327 $ 804,361 (130,231 ) (1) Represents acquisition date fair value. (2) Amounts include impairment charges. (3) The gross cost basis for Federal Income Tax purposes approximates the basis used in this schedule. (4) Reconciliation of Real Estate and Accumulated Depreciation. SCHEDULE III Real Estate and Accumulated Depreciation As of December 31, 2018 (in thousands) 2018 2017 2016 Investment in real estate: Beginning balance $ 874,439 $ 951,341 $ 1,060,555 Improvements 28,026 25,755 37,548 Hotels held for sale (32,808 ) (72,467 ) (49,426 ) Disposals and impairments (65,296 ) (30,190 ) (97,336 ) Ending balance $ 804,361 $ 874,439 $ 951,341 2018 2017 2016 Accumulated depreciation: Beginning balance $ 116,180 $ 93,423 $ 73,915 Depreciation expense 33,459 35,668 38,507 Hotels held for sale (7,503 ) (6,933 ) (6,330 ) Disposals and impairment (11,905 ) (5,978 ) (12,669 ) Ending balance $ 130,231 $ 116,180 $ 93,423

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation -
Use of Estimates	Use of Estimates
Cash and Cash Equivalents	Cash and Cash Equivalents -
Restricted Cash	Restricted Cash - The following table provides detail regarding cash and restricted cash that sums to the total of such amounts presented in the accompanying consolidated statements of cash flows. December 31, 2018 2017 2016 Cash $ 20,460 $ 22,491 $ 25,170 Restricted cash 11,656 9,111 5,996 Total cash and restricted cash $ 32,116 $ 31,602 $ 31,166
Due from Third-party Managers, net	Due from Third-party Managers, net -
Due to Third-party Managers, net	Due to Third-party Managers, net -
Investment in Real Estate and Related Depreciation	Investment in Real Estate and Related Depreciation - The Company considers expenditures to be capital in nature based on the following criteria: (1) for a single asset, the cost must be at least $500, including all normal and necessary costs to place the asset in service, and the useful life must be at least one year; (2) for group purchases of 10 or more identical assets, the unit cost for each asset must be at least $50, including all normal and necessary costs to place the asset in service, and the useful life must be at least one year; and (3) for major repairs to a single asset, the repair must be at least $2,500 and the useful life of the asset must be substantially extended.
Impairment of Investment in Real Estate	Impairment of Investment in Real Estate - If events or circumstances change, such as the operating performance of a property declines substantially for an extended period of time, the Company’s carrying value for a particular property may not be recoverable and in such instances an impairment loss may be recorded. Recoverability of assets to be held and used is determined by a comparison of the carrying amount of the assets to the future undiscounted net cash flow expected to be generated by the asset. If the carrying value of such assets exceeds such cash flows, the assets are considered impaired. Impairment losses are measured as the difference between the asset’s fair value and its carrying value. Fair value is determined by using management’s best estimate of the discounted net cash flows over the remaining life of the asset, or other indicators of fair value. During the years ended December 31, 2018 and 2017, respectively, the Company identified indicators of impairment for certain properties. As a result, a test for impairment of each property was performed with fair value determined based on the estimated sales proceeds for the property. The Company estimated the sales proceeds based on the agreement of purchase and sale (subject to certain terms) entered into for the properties, when applicable. The following tables summarize the impairments of investments in real estate recorded in 2018 and 2017, respectively: Date of Impairment Charge Property Impairment June 2018 Residence Inn - Pittsburgh, Pennsylvania $ 13,605 June 2018 Hilton Garden Inn - McAllen, Texas 4,702 September 2018 Residence Inn - Laredo, Texas 393 September 2018 Homewood Suites - Laredo, Texas 1,395 September 2018 Residence Inn - Pittsburgh, Pennsylvania 670 December 2018 Courtyard - Dothan, Alabama 2,777 December 2018 Residence Inn - Laredo, Texas 146 December 2018 Homewood Suites - Laredo, Texas 283 Total impairments of investment in real estate - 2018 $ 23,971 Date of Impairment Charge Property Impairment June 2017 Fairfield Inn - Pensacola, Florida $ 444 June 2017 Courtyard - Valdosta, Georgia 2,544 December 2017 Residence Inn - Huntsville, Alabama 2,974 December 2017 Marriott - Redmond, Washington 7,949 Total impairments of investment in real estate - 2017 $ 13,911
Goodwill	Goodwill – two-step The following table details the carrying amount of the Company’s goodwill at December 31, 2018 and 2017. The goodwill allocated to the sale of hotel properties as of December 31, 2017 represents the goodwill amounts allocated at the Acquisition Date to the Residence Inn – Huntsville, Alabama and Marriott – Redmond, Washington hotel properties which were classified as held for sale as of December 31, 2017 (see Note 5) and sold during the year ended December 31, 2018, and was included within the determination of gain on sale of hotel properties presented in the accompanying consolidated statement of operations and consolidated statement of cash flows for the year ended December 31, 2018. The goodwill allocated to the sale of hotel properties during the year ended December 31, 2017 represents the goodwill amounts allocated at the Acquisition Date to the Fairfield Inn – Huntsville, Alabama, TownePlace Suites – Arlington, Texas, Springhill Suites – Clearwater, Florida, TownePlace Suites – Las Colinas, Texas, Courtyard – Albany, Georgia, Springhill Suites – Arlington, Texas, Courtyard – Valdosta, Georgia and Fairfield Inn – Pensacola, Florida hotel properties which were sold during the year ended December 31, 2017, and is included within the determination of gain on sale of hotel properties presented in the accompanying consolidated statement of operations and consolidated statement of cash flows for the year ended December 31, 2017. Balance as of December 31, 2016 $ 116,470 Allocated to sale of hotel properties (8,004 ) Balance as of December 31, 2017 108,466 Allocated to sale of hotel properties (9,784 ) Balance as of December 31, 2018 $ 98,682
Revenue Recognition	Revenue Recognition - 2014-09, Revenue from Contracts with Customers 2014-09 Room revenue is generated through contracts with customers whereby the customers agree to pay a daily rate for right to use a hotel room. The Company’s contract performance obligations are fulfilled at the end of the day that the customer is provided the room and revenue is recognized daily at the contract rate. Payment from the customer is secured at the end of the contract upon check-out Food and beverage revenue is generated through contracts with customers whereby the customer agrees to pay a contract rate for restaurant dining services or banquet services. The Company’s contract performance obligations are fulfilled at the time that the meal is provided to the customer or when the banquet facilities and related dining amenities are provided to the customer. The Company believes there are no significant judgments made in the recognition of food and beverage revenue. The Company recognized $7.3 million, $10.4 million, and $12.0 million of food and beverage revenue during the years ended December 31, 2018, 2017, and 2016, respectively. Food and beverage revenue is included in other revenue in the Company’s consolidated statements of operations.
Sales and Marketing Costs	Sales and Marketing Costs -
Income Taxes	Income Taxes -
Valuation of Deferred Tax Assets	Valuation of Deferred Tax Assets -
(Loss) income per Common Share	(Loss) income per Common Share
Segment Information	Segment Information -
Recent Accounting Pronouncements	Recent Accounting Pronouncements - 2016-02, Leases 2018-11 2016-02 non-lease right-of-use right-of-use In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments 2016-15 Statement of Cash Flows In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory 2016-16 In January 2017, the FASB issued ASU 2017-01, Clarifying the Definition of a Business. 2017-01 2017-01 In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. 2017-04 2017-04 In February 2017, the FASB issued ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20), 610-20 2014-09,

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Cash and Restricted Cash	The following table provides detail regarding cash and restricted cash that sums to the total of such amounts presented in the accompanying consolidated statements of cash flows. December 31, 2018 2017 2016 Cash $ 20,460 $ 22,491 $ 25,170 Restricted cash 11,656 9,111 5,996 Total cash and restricted cash $ 32,116 $ 31,602 $ 31,166
Impairments of Investments in Real Estate	The following tables summarize the impairments of investments in real estate recorded in 2018 and 2017, respectively: Date of Impairment Charge Property Impairment June 2018 Residence Inn - Pittsburgh, Pennsylvania $ 13,605 June 2018 Hilton Garden Inn - McAllen, Texas 4,702 September 2018 Residence Inn - Laredo, Texas 393 September 2018 Homewood Suites - Laredo, Texas 1,395 September 2018 Residence Inn - Pittsburgh, Pennsylvania 670 December 2018 Courtyard - Dothan, Alabama 2,777 December 2018 Residence Inn - Laredo, Texas 146 December 2018 Homewood Suites - Laredo, Texas 283 Total impairments of investment in real estate - 2018 $ 23,971 Date of Impairment Charge Property Impairment June 2017 Fairfield Inn - Pensacola, Florida $ 444 June 2017 Courtyard - Valdosta, Georgia 2,544 December 2017 Residence Inn - Huntsville, Alabama 2,974 December 2017 Marriott - Redmond, Washington 7,949 Total impairments of investment in real estate - 2017 $ 13,911
Summary of Carrying Amount of Goodwill	The following table details the carrying amount of the Company’s goodwill at December 31, 2018 and 2017. The goodwill allocated to the sale of hotel properties as of December 31, 2017 represents the goodwill amounts allocated at the Acquisition Date to the Residence Inn – Huntsville, Alabama and Marriott – Redmond, Washington hotel properties which were classified as held for sale as of December 31, 2017 (see Note 5) and sold during the year ended December 31, 2018, and was included within the determination of gain on sale of hotel properties presented in the accompanying consolidated statement of operations and consolidated statement of cash flows for the year ended December 31, 2018. The goodwill allocated to the sale of hotel properties during the year ended December 31, 2017 represents the goodwill amounts allocated at the Acquisition Date to the Fairfield Inn – Huntsville, Alabama, TownePlace Suites – Arlington, Texas, Springhill Suites – Clearwater, Florida, TownePlace Suites – Las Colinas, Texas, Courtyard – Albany, Georgia, Springhill Suites – Arlington, Texas, Courtyard – Valdosta, Georgia and Fairfield Inn – Pensacola, Florida hotel properties which were sold during the year ended December 31, 2017, and is included within the determination of gain on sale of hotel properties presented in the accompanying consolidated statement of operations and consolidated statement of cash flows for the year ended December 31, 2017. Balance as of December 31, 2016 $ 116,470 Allocated to sale of hotel properties (8,004 ) Balance as of December 31, 2017 108,466 Allocated to sale of hotel properties (9,784 ) Balance as of December 31, 2018 $ 98,682

Investment in Real Estate, net

Investment in Real Estate, net (Tables)	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Investment in Real Estate	Investment in real estate, net as of December 31, 2018 and 2017 consisted of the following: December 31, December 31, 2018 2017 Land and Improvements $ 109,033 $ 117,418 Building and Improvements 630,723 693,132 Furniture, Fixtures and Equipment 57,843 57,422 Construction in Progress 6,762 6,467 804,361 874,439 Less: Accumulated Depreciation (130,231 ) (116,180 ) Investment in Real Estate, net $ 674,130 $ 758,259

Sale of Hotel Properties (Table

Sale of Hotel Properties (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Sale of Hotel Properties	During the year ended December 31, 2018, the Company sold four hotels as summarized below. Hotel Date of Sale Proceeds Gain/ Mortgage Residence Inn - Huntsville, Alabama January 2018 $ 7,587 $ - $ 7,587 Marriott - Redmond, Washington February 2018 68,458 704 68,917 Residence Inn - Pittsburgh, Pennsylvania October 2018 9,364 (5 ) 7,709 Springhill Suites - Fort Worth, Texas December 2018 13,754 87 13,720 Total $ 99,163 $ 786 $ 97,933 During the year ended December 31, 2017, the Company sold eight hotels as summarized below. Hotel Date of Sale Proceeds Gain Mortgage Fairfield Inn - Huntsville, Alabama January 2017 $ 4,575 $ - $ 4,444 TownePlace Suites - Arlington, Texas January 2017 8,001 - 3,606 Springhill Suites - Clearwater, Florida January 2017 5,767 - 4,971 TownePlace Suites - Las Colinas, Texas January 2017 16,867 3,072 8,248 Courtyard - Albany, Georgia February 2017 8,628 - 6,242 Springhill Suites - Arlington, Texas March 2017 9,015 556 8,360 Courtyard - Valdosta, Georgia June 2017 6,584 - 5,423 Fairfield Inn - Pensacola, Florida July 2017 5,396 - - Total $ 64,833 $ 3,628 $ 41,294

Hotels Held for Sale (Tables)

Hotels Held for Sale (Tables)	12 Months Ended
	Dec. 31, 2018
Text Block [Abstract]
Summary of Hotels Held for Sale	The following is a summary of hotels held for sale as of December 31, 2018. Hotel Assets of Hotels Homewood Suites - Laredo, Texas $ 9,748 Residence Inn - Laredo, Texas 9,252 Courtyard - Dothan, Alabama 6,305 Total $ 25,305 The following is a summary of hotels held for sale as of December 31, 2017. Hotel Assets of Hotels Residence Inn - Huntsville, Alabama $ 6,341 Marriott - Redmond, Washington 59,193 Total $ 65,534
Summary of Proceeds from Sale of Hotels Held for Sale	Subsequent to December 31, 2018, the Company sold the three hotels held for sale as summarized below: Hotel Date of Sale Proceeds Mortgage Homewood Suites - Laredo, Texas January 2019 $ 9,748 $ 8,159 Residence Inn - Laredo, Texas February 2019 9,252 7,149 Courtyard - Dothan, Alabama February 2019 6,271 7,016 Total $ 25,271 $ 22,324 Subsequent to December 31, 2017, the Company sold the two hotels held for sale as summarized below: Hotel Date of Sale Proceeds Mortgage Residence Inn - Huntsville, Alabama January 2018 $ 7,587 $ 4,694 Marriott - Redmond, Washington February 2018 67,753 65,211 Total $ 75,340 $ 69,905

Mortgages Payable (Tables)

Mortgages Payable (Tables)	12 Months Ended
	Dec. 31, 2018
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
Schedule of Mortgages Payable	Mortgages payable as of December 31, 2018 and 2017 consisted of the following: December 31, 2018 2017 Mortgages payable before unamortized deferred financing costs $ 695,387 $ 746,223 Unamortized deferred financing costs (2,505 ) (8,075 ) Mortgages payable related to assets held and used $ 692,882 $ 738,148 Mortgages payable related to assets of hotels held for sale 22,324 69,905 Total mortgages payable $ 715,206 $ 808,053
Schedule of Interest Expense	Components of interest expense for the years ended December 31, 2018, 2017, and 2016 were as follows: Year Ended December 31, 2018 2017 2016 Mortgage debt $ 31,535 $ 29,330 $ 27,829 Amortization of deferred financing costs 5,570 2,673 4,678 Capitalized interest (102 ) (281 ) (363 ) Total interest expense, net $ 37,003 $ 31,722 $ 32,144
Schedule of Future Principal Payments of Debt Obligations (Assuming Sale of Hotels Held for Sale)	Future scheduled principal payments of debt obligations (including the sale of the hotels held for sale as of December 31, 2018 during fiscal year 2019) as of December 31, 2018 are as follows: 2019 $ 702,580 2020 533 2021 562 2022 14,036 2023 - Thereafter - Total $ 717,711

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Carrying Amounts and Estimated Fair Values of Financial Instruments	Carrying amounts and estimated fair values of financial instruments, for periods indicated, were as follows: December 31, 2018 December 31, 2017 Carrying Estimated Carrying Estimated Value Fair Value Value Fair Value Financial liabilities not measured at fair value: Mortgages payable and mortgages payable related to assets of hotels held for sale $ 717,711 $ 717,227 $ 816,128 $ 815,677

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Aggregate Amounts of Minimum Lease Payments under Lease Agreements	The aggregate amounts of minimum lease payments under these lease agreements for the five years subsequent to December 31, 2018 and thereafter are as follows: 2019 $ 107 2020 45 2021 - 2022 - Thereafter - Total $ 152

7% Series A Cumulative Redeem_2

7% Series A Cumulative Redeemable Preferred Stock (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Dividends Declared	During the year ended December 31, 2018, the Board of Directors of the Company declared the following dividends on the common stock: Dividend Dividend Dividend Declaration Date per Share Record Date Payment Date February 8, 2018 $ 40,000.00 February 8, 2018 February 9, 2018 May 11, 2018 $ 60,000.00 May 11, 2018 May 15 and 21, 2018 August 17, 2018 $ 20,000.00 August 17, 2018 August 17, 2018 October 30, 2018 $ 55,000.00 November 14, 2018 November 14, 2018 Dividends were declared to be paid in cash for all four quarters of 2017, of which 27.96% were characterized as ordinary income and 72.04% were characterized as return of capital. During the year ended December 31, 2017, the Board of Directors of the Company declared the following dividends on the common stock: Dividend Dividend Dividend Declaration Date per Share Record Date Payment Date February 10, 2017 $ 100,000.00 February 10, 2017 February 13, 2017 May 12, 2017 $ 142,500.00 May 12, 2017 May 15, 2017 July 13, 2017 $ 64,387.71 July 13, 2017 July 14, 2017 August 2, 2017 $ 100,000.00 August 2, 2017 August 3, 2017 November 8, 2017 $ 65,000.00 November 8, 2017 November 9, 2017
Summary of Reconciliation of Series A Preferred Stock	The table below reconciles the Series A Preferred Stock for the years ended December 31, 2018, 2017 and 2016: Ending balance as of December 31, 2015 $ 137,160 Dividends declared in 2016 (9,641 ) Dividends earned in 2016 9,641 Ending balance as of December 31, 2016 $ 137,160 Dividends declared in 2017 (7,973 ) Dividends earned in 2017 8,118 Redemption of preferred shares (54,265 ) Ending balance as of December 31, 2017 $ 83,040 Dividends declared in 2018 (8,054 ) Dividends earned in 2018 7,894 Ending balance as of December 31, 2018 $ 82,880
7% Series A Cumulative Redeemable Preferred Stock [Member]
Schedule of Dividends Declared	During the year ended December 31, 2018, the Board of Directors of the Company declared the following dividends on the Series A Preferred Stock: Dividend Dividend Dividend Declaration Date Per Record Date Payment Date March 26, 2018 $ 0.0333 April 1, 2018 April 16, 2018 June 29, 2018 $ 0.0459 July 1, 2018 July 16, 2018 October 12, 2018 $ 0.0523 October 1, 2018 October 17, 2018 December 18, 2018 $ 0.0523 January 1, 2019 January 10, 2019

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Differences in Provision for Income Taxes by Applying Statutory Federal Income Tax Rate to Pretax from Continuing Operations	The provision for income taxes differs from the amounts of income tax determined by applying the applicable U.S. statutory federal income tax rate to pretax income as a result of the following differences. Year Ended December 31, 2018 2017 2016 Statutory federal income tax provision ($ 3,041 ) 21.0 % $ 3,625 34.0 % $ 6,253 34.0 % Adjustment for nontaxable income 583 (4.0 %) (6,012 ) (56.4 %) (6,635 ) (36.1 %) State income taxes, net of federal income tax benefit (63 ) 0.4 % 136 1.3 % 126 0.7 % Contributions to TRS - 0.0 % - 0.0 % (942 ) (5.1 %) Change in federal tax rate 191 (1.3 %) 3,502 32.8 % - 0.0 % Valuation allowance 6,385 (44.1 %) 3,377 31.7 % - 0.0 % Other - 0.0 % - 0.0 % - 0.0 % Total income tax expense (benefit) $ 4,055 (28.0 %) $ 4,628 43.4 % ($ 1,198 ) (6.5 %)
Components of Company's Income Tax (Benefit) Expense from Continuing Operations	The components of the Company’s income tax expense (benefit) for the years ended December 31, 2018, 2017, and 2016 were as follows: Year Ended December 31, 2018 2017 2016 Income tax expense (benefit): Current: Federal $ 1,025 $ 1,452 $ 3,353 State 380 254 728 Deferred: Federal 2,488 2,685 (4,822 ) State 162 237 (457 ) Total $ 4,055 $ 4,628 ($ 1,198 )
TRS [Member]
Components of Net Deferred Tax Assets and Liabilities	The components of the consolidated TRS’s net deferred tax assets and liabilities as of December 31, 2018 and 2017 were as follows: December 31, 2018 2017 Deferred tax assets: Accrued expenses and other $ 361 $ 357 Prepaid expenses and other - 2 Investment in real estate book-tax 2,851 4,292 Goodwill book-tax 2,511 1,096 Net operating loss carryforward 5,385 1,549 Total deferred tax assets before valuation allowances 11,108 7,296 Valuation allowances (10,747 ) (4,312 ) Deferred tax assets $ 361 $ 2,984 Deferred tax liabilities: Prepaid expenses and other ($ 26 ) $ - Deferred tax asset, net $ 335 $ 2,984

Quarterly Financial Data (una_2

Quarterly Financial Data (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	Quarter Ended - 2018 March 31 June 30 September 30 December 31 (a) (in thousands, except per share data) Revenues $ 55,777 $ 64,798 $ 67,580 $ 53,168 Net income (loss) 346 (8,552 ) 4,453 (14,333 ) Series A Preferred Stock dividends declared (1,459 ) (2,011 ) (2,292 ) (2,292 ) Net (loss) income available for common stockholder (1,113 ) (10,563 ) 2,161 (16,625 ) Basic and diluted net (loss) income per common share available to common stockholder ($ 11,130.00 ) ($ 105,630.00 ) $ 21,610.00 ($ 166,250.00 ) Distributions declared and paid per common share $ 40,000.00 $ 60,000.00 $ 20,000.00 $ 55,000.00 Quarter Ended - 2017 March 31 (b) June 30 September 30 December 31 (c) (in thousands, except per share data) Revenues $ 61,320 $ 69,923 $ 71,747 $ 56,888 Net income (loss) 9,210 6,905 5,242 (15,323 ) Series A Preferred Stock dividends declared (2,410 ) (2,411 ) (1,693 ) (1,459 ) Net income (loss) available for common stockholder 6,800 4,494 3,549 (16,782 ) Basic and diluted net income (loss) per common share available to common stockholder $ 68,000.00 $ 44,940.00 $ 35,490.00 ($ 167,820.00 ) Distributions declared and paid per common share $ 100,000.00 $ 142,500.00 $ 164,387.71 $ 65,000.00 (a) Includes $3.75 million related to the Apple Six litigation settlement (see Note 8). (b) Includes $1.4 million in proceeds from the Deepwater Horizon Economic and Property Damages Settlement Program (see Note 8). (c) Includes $5.0 million loss on disposals of investment in real estate due to allowance recorded against the Company’s insurance receivable (see Note 8).

Organization - Additional Infor

Organization - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2018HotelStateRoom	Jul. 07, 2017Hotel
Hotel [Member]
Organization [Line Items]
Number of hotels owned | Hotel	48	52
Number of states the hotels located | State	16
Aggregate number of rooms | Room	5,662
Apple REIT Six, Inc. [Member]
Organization [Line Items]
Acquisition date	May 14, 2013

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2018USD ($)PropertySegment$ / Assets	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Jan. 01, 2019USD ($)
Property, Plant and Equipment [Line Items]
Deposits within financial institutions	$ 250,000
Number of identical assets purchase | Property	10
Goodwill impairment	$ 0	$ 0	$ 0
Food and beverage revenue	$ 241,323,000	259,878,000	286,479,000
Number of operating segment | Segment	1
Food and Beverage [Member]
Property, Plant and Equipment [Line Items]
Food and beverage revenue	$ 7,300,000	$ 10,400,000	$ 12,000,000
Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	39 years
Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	1 year
Cost of asset	$ 500
Asset per unit cost | $ / Assets	50
Repairs cost of asset	$ 2,500
Percentage of adjusted taxable income to be distributed to stockholder	90.00%
Minimum [Member] | Accounting Standards Update 2018-11 [Member] | Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Additional Right-of-use assets				$ 600,000
Additional Right-of-use liabilities				600,000
Minimum [Member] | Land and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	10 years
Minimum [Member] | Furniture, Fixtures and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	3 years
Maximum [Member] | Accounting Standards Update 2018-11 [Member] | Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Additional Right-of-use assets				700,000
Additional Right-of-use liabilities				$ 700,000
Maximum [Member] | Land and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	15 years
Maximum [Member] | Furniture, Fixtures and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	7 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Summary of Cash and Restricted Cash (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Cash	$ 20,460	$ 22,491	$ 25,170
Restricted cash	11,656	9,111	5,996
Total cash and restricted cash	$ 32,116	$ 31,602	$ 31,166	$ 35,308

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Impairments of Investments in Real Estate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Impaired Long-Lived Assets Held and Used [Line Items]
Impairment	$ 23,971	$ 13,911	$ 17,694
Courtyard - Valdosta, Georgia [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge		2017-06
Impairment		$ 2,544
Fairfield Inn - Pensacola, Florida [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge		2017-06
Impairment		$ 444
Residence Inn Huntsville Alabama Hotel [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge		2017-12
Impairment		$ 2,974
Marriott Redmond Washington Hotel [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge		2017-12
Impairment		$ 7,949
June 2018 [Member] | Residence Inn - Pittsburgh, Pennsylvania Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-06
Impairment	$ 13,605
June 2018 [Member] | Hilton Garden Inn - McAllen, Texas Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-06
Impairment	$ 4,702
September 2018 [Member] | Residence Inn - Pittsburgh, Pennsylvania Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-09
Impairment	$ 670
September 2018 [Member] | Residence Inn - Laredo, Texas Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-09
Impairment	$ 393
September 2018 [Member] | Homewood Suites - Laredo Texas Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-09
Impairment	$ 1,395
December 2018 [Member] | Residence Inn - Laredo, Texas Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-12
Impairment	$ 146
December 2018 [Member] | Homewood Suites - Laredo Texas Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-12
Impairment	$ 283
December 2018 [Member] | Courtyard - Dothan, Alabama Property [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Date of Impairment Charge	2018-12
Impairment	$ 2,777

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Summary of Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Goodwill [Roll Forward]
Goodwill, gross	$ 108,466	$ 116,470
Allocated to sale of hotel properties	(9,784)	(8,004)
Goodwill, gross	$ 98,682	$ 108,466

Investment in Real Estate, ne_2

Investment in Real Estate, net - Investment in Real Estate (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Real Estate Properties [Line Items]
Investment in Real Estate, gross	$ 804,361	$ 874,439
Less: Accumulated Depreciation	(130,231)	(116,180)
Investment in Real Estate, net	674,130	758,259
Land and Improvements [Member]
Real Estate Properties [Line Items]
Investment in Real Estate, gross	109,033	117,418
Building and Improvements [Member]
Real Estate Properties [Line Items]
Investment in Real Estate, gross	630,723	693,132
Furniture, Fixtures and Equipment [Member]
Real Estate Properties [Line Items]
Investment in Real Estate, gross	57,843	57,422
Construction in Progress [Member]
Real Estate Properties [Line Items]
Investment in Real Estate, gross	$ 6,762	$ 6,467

Sale of Hotel Properties - Addi

Sale of Hotel Properties - Additional Information (Detail) $ in Millions	2 Months Ended		12 Months Ended
	Feb. 28, 2019Hotel	Feb. 28, 2018Hotel	Dec. 31, 2018USD ($)Hotel	Dec. 31, 2017USD ($)Hotel
Discontinued Operations and Disposal Groups [Abstract]
Number of hotels sold | Hotel	3	2	4	8
Net proceeds from sale of hotels			$ 99.2	$ 64.8
Selling cost of sale of hotels			3.1	2.4
Additional principal payment			$ 6.6	2.6
Impairment of investment in real estate				$ 10.9

Sale of Hotel Properties - Summ

Sale of Hotel Properties - Summary of Hotels Sold (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net proceeds from sale of hotels	$ 99,163	$ 64,833
Gain/(Loss)from sale of hotels	786	3,628
Mortgage Payable Repaid	$ 97,933	$ 41,294
Fairfield Inn - Huntsville, Alabama [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-01
Net proceeds from sale of hotels		$ 4,575
Mortgage Payable Repaid		$ 4,444
TownePlace Suites - Arlington, Texas [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-01
Net proceeds from sale of hotels		$ 8,001
Mortgage Payable Repaid		$ 3,606
Springhill Suites - Clearwater, Florida [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-01
Net proceeds from sale of hotels		$ 5,767
Mortgage Payable Repaid		$ 4,971
TownePlace Suites - Las Colinas, Texas [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-01
Net proceeds from sale of hotels		$ 16,867
Gain/(Loss)from sale of hotels		3,072
Mortgage Payable Repaid		$ 8,248
Courtyard - Albany, Georgia [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-02
Net proceeds from sale of hotels		$ 8,628
Mortgage Payable Repaid		$ 6,242
Springhill Suites - Arlington, Texas [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-03
Net proceeds from sale of hotels		$ 9,015
Gain/(Loss)from sale of hotels		556
Mortgage Payable Repaid		$ 8,360
Courtyard - Valdosta, Georgia [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-06
Net proceeds from sale of hotels		$ 6,584
Mortgage Payable Repaid		$ 5,423
Fairfield Inn - Pensacola, Florida [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale		2017-07
Net proceeds from sale of hotels		$ 5,396
Residence Inn Huntsville Alabama Hotel [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale	2018-01
Net proceeds from sale of hotels	$ 7,587
Mortgage Payable Repaid	$ 7,587
Marriott Redmond Washington Hotel [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale	2018-02
Net proceeds from sale of hotels	$ 68,458
Gain/(Loss)from sale of hotels	704
Mortgage Payable Repaid	$ 68,917
Residence Inn - Pittsburgh, Pennsylvania Property [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale	2018-10
Net proceeds from sale of hotels	$ 9,364
Gain/(Loss)from sale of hotels	(5)
Mortgage Payable Repaid	$ 7,709
Springhill Suites - Fort Worth, Texas Property [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date of Sale	2018-12
Net proceeds from sale of hotels	$ 13,754
Gain/(Loss)from sale of hotels	87
Mortgage Payable Repaid	$ 13,720

Hotels Held for Sale - Addition

Hotels Held for Sale - Additional Information (Detail) - Hotel	2 Months Ended		3 Months Ended		12 Months Ended
	Feb. 28, 2019	Feb. 28, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
Number of hotels held for sale			3	2
Number of hotels sold	3	2			4	8

Hotels Held for Sale - Summary

Hotels Held for Sale - Summary of Hotels Held for Sale (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Long Lived Assets Held-for-sale [Line Items]
Hotels held for sale	$ 25,305	$ 65,534
Discontinued Operations, Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Hotels held for sale	25,305	65,534
Residence Inn Huntsville Alabama Hotel [Member] | Discontinued Operations, Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Hotels held for sale		6,341
Marriott Redmond Washington Hotel [Member] | Discontinued Operations, Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Hotels held for sale		$ 59,193
Homewood Suites - Laredo Texas Property [Member] | Discontinued Operations, Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Hotels held for sale	9,748
Residence Inn - Laredo, Texas Property [Member] | Discontinued Operations, Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Hotels held for sale	9,252
Courtyard - Dothan, Alabama Property [Member] | Discontinued Operations, Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Hotels held for sale	$ 6,305

Hotels Held for Sale - Summar_2

Hotels Held for Sale - Summary of Proceeds from Sale of Hotels Held for Sale (Detail) - USD ($) $ in Thousands	1 Months Ended				2 Months Ended	12 Months Ended
	Feb. 28, 2019	Jan. 31, 2019	Feb. 28, 2018	Jan. 31, 2018	Feb. 28, 2018	Dec. 31, 2018	Dec. 31, 2017
Long Lived Assets Held-for-sale [Line Items]
Proceeds						$ 99,163	$ 64,833
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Long Lived Assets Held-for-sale [Line Items]
Proceeds	$ 25,271				$ 75,340
Mortgage Payable Repaid	$ 22,324				$ 69,905
Residence Inn Huntsville Alabama Hotel [Member]
Long Lived Assets Held-for-sale [Line Items]
Date of Sale						2018-01
Proceeds						$ 7,587
Residence Inn Huntsville Alabama Hotel [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Long Lived Assets Held-for-sale [Line Items]
Date of Sale				2018-01
Proceeds				$ 7,587
Mortgage Payable Repaid				$ 4,694
Marriott Redmond Washington Hotel [Member]
Long Lived Assets Held-for-sale [Line Items]
Date of Sale						2018-02
Proceeds						$ 68,458
Marriott Redmond Washington Hotel [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Long Lived Assets Held-for-sale [Line Items]
Date of Sale			2018-02
Proceeds			$ 67,753
Mortgage Payable Repaid			$ 65,211
Homewood Suites - Laredo Texas Property [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Long Lived Assets Held-for-sale [Line Items]
Date of Sale		2019-01
Proceeds		$ 9,748
Mortgage Payable Repaid		$ 8,159
Residence Inn - Laredo, Texas Property [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Long Lived Assets Held-for-sale [Line Items]
Date of Sale	2019-02
Proceeds	$ 9,252
Mortgage Payable Repaid	$ 7,149
Courtyard - Dothan, Alabama Property [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Long Lived Assets Held-for-sale [Line Items]
Date of Sale	2019-02
Proceeds	$ 6,271
Mortgage Payable Repaid	$ 7,016

Mortgages Payable - Schedule of

Mortgages Payable - Schedule of Mortgages Payable (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
Mortgages payable before unamortized deferred financing costs	$ 695,387	$ 746,223
Unamortized deferred financing costs	(2,505)	(8,075)
Mortgages payable related to assets held and used	692,882	738,148
Mortgages payable related to assets of hotels held for sale	22,324	69,905
Total mortgages payable	$ 715,206	$ 808,053

Mortgages Payable - Additional

Mortgages Payable - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2018USD ($)Hotel	Dec. 31, 2017USD ($)	Jul. 07, 2017USD ($)Hotel	Dec. 31, 2016	Dec. 03, 2014USD ($)
Mortgage Loans on Real Estate [Line Items]
Loan outstanding principal amount	$ 717,711,000
Deferred financing costs associated with Loan	$ 2,505,000	$ 8,075,000
Effective interest rate of long-term debt	4.20%	3.61%		3.34%
Weighted average interest rate on long-term debt	4.61%	3.65%
2014 Loan [Member]
Mortgage Loans on Real Estate [Line Items]
Borrowings on mortgage loan					$ 830,000,000
Loan outstanding principal amount			$ 732,600,000
Loan Agreement [Member]
Mortgage Loans on Real Estate [Line Items]
Deferred financing costs associated with Loan	$ 10,800,000
Professional fees and other costs associated with loan		$ 1,800,000
Mortgage and Mezzanine Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Borrowings on mortgage loan			$ 800,000,000
Loans maturity, description	The Loan is scheduled to mature on July 9, 2019, with an option for the Borrowers to extend the initial term for five one-year extension terms, subject to certain conditions.
Interest Rate Cap [Member]
Mortgage Loans on Real Estate [Line Items]
Derivative, maturity date	Jul. 9, 2019
Net proceeds from borrowings on mortgage payable and mezzanine loans	$ 800,000,000
Fort Worth, Texas Residence Inn [Member]
Mortgage Loans on Real Estate [Line Items]
Loan, maturity date	Oct. 6, 2022
Loan, interest rate	4.73%
Fort Worth, Texas Residence Inn [Member] | Mortgages Payable [Member]
Mortgage Loans on Real Estate [Line Items]
Loan, Outstanding principal balance	$ 15,600,000	$ 16,100,000
Hotel [Member]
Mortgage Loans on Real Estate [Line Items]
Number of hotels owned | Hotel	48		52
LIBOR [Member] | Mortgage and Mezzanine Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Margin rate	2.15%
One-Month LIBOR [Member]
Mortgage Loans on Real Estate [Line Items]
Initial interest rate on loan	2.456%	1.478%
One-Month LIBOR [Member] | Interest Rate Cap [Member]
Mortgage Loans on Real Estate [Line Items]
Margin rate	4.25%
Collateral Pledged [Member] | Hotel [Member] | Loan Agreement [Member]
Mortgage Loans on Real Estate [Line Items]
Number of hotels owned | Hotel			51

Mortgages Payable - Schedule _2

Mortgages Payable - Schedule of Interest Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest Expense [Abstract]
Mortgage debt	$ 31,535	$ 29,330	$ 27,829
Amortization of deferred financing costs	5,570	2,673	4,678
Capitalized interest	(102)	(281)	(363)
Total interest expense, net	$ 37,003	$ 31,722	$ 32,144

Mortgages Payable - Schedule _3

Mortgages Payable - Schedule of Future Principal Payments of Debt Obligations (Assuming Sale of Hotels Held for Sale) (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Debt Disclosure [Abstract]
2019	$ 702,580
2020	533
2021	562
2022	14,036
2023	0
Thereafter	0
Total	$ 717,711

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgages payable and mortgages payable related to assets of hotels held for sale, Carrying Value	$ 715,206	$ 808,053
Mortgages [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgages payable and mortgages payable related to assets of hotels held for sale, Carrying Value	717,711	816,128
Mortgages payable and mortgages payable related to assets of hotels held for sale, Estimated Fair Value	$ 717,227	$ 815,677

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Additional Information (Detail) $ in Millions	1 Months Ended
	Jul. 31, 2017USD ($)Agreement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Number of interest rate cap agreement acquired | Agreement	1
Interest Rate Cap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate derivative instrument cost	$ 0.2
Interest Rate Cap [Member] | Upon Exercise of First One-Year Extension of Loan [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate derivative instrument cost	$ 0.1

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Thousands	Mar. 01, 2019USD ($)	Feb. 28, 2017USD ($)Property	Dec. 31, 2018USD ($)Hotel	Dec. 31, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)Hotel	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Mar. 04, 2019USD ($)	Jul. 07, 2017Hotel
Long-term Purchase Commitment [Line Items]
Insurance receivable			$ 11,958			$ 11,958		$ 5,100
Allowance on insurance receivable				$ 5,000			$ 5,000
Loss on disposals of investment in real estate				$ (5,000)			(4,981)
Insurance receivable collected						0	100
Total remediation costs and estimated loss due to property damage			4,800			4,800
Insurance deductable amount						$ 1,300	(86)	(1,429)
Litigation Settlement, Amount Awarded to Other Party			$ 3,750
Number of subset of hotels with ground leases | Hotel			2			2
Ground lease expenses						$ 100	$ 100	$ 200
Hotel [Member]
Long-term Purchase Commitment [Line Items]
Number of hotels owned | Hotel			48			48				52
Franchise Agreements [Member] | Minimum [Member]
Long-term Purchase Commitment [Line Items]
Royalty fee						4.50%
Franchise Agreements [Member] | Maximum [Member]
Long-term Purchase Commitment [Line Items]
Royalty fee						6.00%
Subsequent Event [Member]
Long-term Purchase Commitment [Line Items]
Insurance receivable									$ 16,000
Litigation Settlement, Amount Awarded to Other Party	$ 3,750
Deepwater Horizon Economic and Property Damages Settlement Program [Member]
Long-term Purchase Commitment [Line Items]
Proceeds from litigation settlement		$ 1,400			$ 1,400
Number of damaged properties prior to Merger | Property		4
Affiliated Entity [Member]
Long-term Purchase Commitment [Line Items]
Management agreement terms, description						The agreements with less than one year remaining in their term generally automatically renew on annual or month-to-month terms unless either party to the agreement gives prior notice of the termination thereof.
Affiliated Entity [Member] | Minimum [Member]
Long-term Purchase Commitment [Line Items]
Payment of management fee as percentage of revenues						2.00%
Management agreement remaining terms, period						1 year
Affiliated Entity [Member] | Maximum [Member]
Long-term Purchase Commitment [Line Items]
Payment of management fee as percentage of revenues						7.00%
Management agreement remaining terms, period						15 years
Affiliated Entity [Member] | Management Agreements [Member] | Hotel [Member]
Long-term Purchase Commitment [Line Items]
Number of hotels owned | Hotel			48			48

Commitments and Contingencies_2

Commitments and Contingencies - Aggregate Amounts of Minimum Lease Payments under Lease Agreements (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 107
2020	45
2021	0
2022	0
Thereafter	0
Total	$ 152

7% Series A Cumulative Redeem_3

7% Series A Cumulative Redeemable Preferred Stock - Additional Information (Detail) - USD ($)	Mar. 26, 2019	Mar. 01, 2019	Aug. 06, 2017	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Nov. 29, 2012
Class of Stock [Line Items]
Litigation Settlement, Amount Awarded to Other Party				$ 3,750,000
Percentage of dividends characterized as ordinary income					1.42%	27.96%
Subsequent Event [Member]
Class of Stock [Line Items]
Litigation Settlement, Amount Awarded to Other Party		$ 3,750,000
7% Series A Cumulative Redeemable Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares issued				43,821,901	43,821,901	43,821,901	97,032,848
Initial date for redemption of shares					Nov. 14, 2020
Preferred Stock, dividend rate					7.00%
Increase in dividend rate of preferred stock per annum, if not paid in cash for more than six quarters					7.00%
Increase in dividend rate of preferred stock if not redeemed after control events and May 14, 2018					11.00%
Increase in dividend rate, trigger date					May 14, 2018
Preferred stock initial liquidation preference per share			$ 1.90	$ 1.90	$ 1.90	$ 1.90
Litigation Settlement, Amount Awarded to Other Party		$ 3,750,000
Redemption price per share			$ 1.9082
Percentage of outstanding preferred shares redeemed			39.458%
Aggregate redemption price			$ 54,500,000
Accumulated and unpaid dividends earned per share			$ 0.082
Number of preferred stock redeemed			28,560,947
Number of preferred stock owned by company				43,821,901	43,821,901	43,821,901
Percentage of dividends characterized as ordinary income					100.00%
Accrued dividend				$ 2,300,000	$ 2,300,000
7% Series A Cumulative Redeemable Preferred Stock [Member] | Minimum [Member]
Class of Stock [Line Items]
Legacy litigation and regulatory matters, expense					3,500,000
Preferred Stock, Liquidation Preference				$ 3,500,000	$ 3,500,000
7% Series A Cumulative Redeemable Preferred Stock [Member] | BRE Holdings [Member]
Class of Stock [Line Items]
Number of preferred stock owned by company				900,000	900,000	900,000
Series A Preferred Stock [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Preferred stock approved for redemption	20,945,000
Preferred stock approved for redemption per share	47.80%
Preferred stock approved for redemption value	$ 40,000,000

7% Series A Cumulative Redeem_4

7% Series A Cumulative Redeemable Preferred Stock - Schedule of Dividends Declared (Detail) - 7% Series A Cumulative Redeemable Preferred Stock [Member]	12 Months Ended
	Dec. 31, 2018$ / shares
April16, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	Mar. 26, 2018
Dividend per Share	$ 0.0333
Dividend Record Date	Apr. 1, 2018
Dividend Payment Date	Apr. 16, 2018
July 16, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	Jun. 29, 2018
Dividend per Share	$ 0.0459
Dividend Record Date	Jul. 1, 2018
Dividend Payment Date	Jul. 16, 2018
October 17, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	Oct. 12, 2018
Dividend per Share	$ 0.0523
Dividend Record Date	Oct. 1, 2018
Dividend Payment Date	Oct. 17, 2018
January 15, 2019 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	Dec. 18, 2018
Dividend per Share	$ 0.0523
Dividend Record Date	Jan. 1, 2019
Dividend Payment Date	Jan. 10, 2019

7% Series A Cumulative Redeem_5

7% Series A Cumulative Redeemable Preferred Stock - Summary of Reconciliation of Series A Preferred Stock (Detail) - 7% Series A Cumulative Redeemable Preferred Stock [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Beginning balance	$ 83,040	$ 137,160	$ 137,160
Dividends declared	(8,054)	(7,973)	(9,641)
Dividends earned	7,894	8,118	9,641
Redemption of preferred shares		(54,265)
Ending balance	$ 82,880	$ 83,040	$ 137,160

Stockholder's Equity - Addition

Stockholder's Equity - Additional Information (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Class of Stock [Line Items]
Common stock, shares authorized	100,000	100,000
Common stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Common stock voting rights	Company's common stock are entitled to one vote for each share of common stock
Common stock, shares issued	100	100
Common stock, shares outstanding	100	100
Percentage of dividends characterized as ordinary income	1.42%	27.96%
Percentage of dividends characterized as return of capital	98.58%	72.04%
BRE Holdings [Member]
Class of Stock [Line Items]
Percentage of common stock owned by BRE Select Hotels Holdings LP	100.00%
Amended And Restated Certificate Of Incorporation [Member]
Class of Stock [Line Items]
Capital stock, shares authorized	150,100,000
Common stock, shares authorized	100,000
Common stock, par value	$ 0.01
Preferred stock, shares authorized	150,000,000
Preferred stock, par value	$ 0.0001

Stockholder's Equity - Schedule

Stockholder's Equity - Schedule of Dividends Declared (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
February 9, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	Feb. 8, 2018
Dividend per Share	$ 40,000
Dividend Record Date	Feb. 8, 2018
Dividend Payment Date	Feb. 9, 2018
May 11, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	May 11, 2018
Dividend per Share	$ 60,000
Dividend Record Date	May 11, 2018
August 17, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	Aug. 17, 2018
Dividend per Share	$ 20,000
Dividend Record Date	Aug. 17, 2018
Dividend Payment Date	Aug. 17, 2018
November 14,2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date	Oct. 30, 2018
Dividend per Share	$ 55,000
Dividend Record Date	Nov. 14, 2018
Dividend Payment Date	Nov. 14, 2018
February 10, 2017 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date		Feb. 10, 2017
Dividend per Share		$ 100,000
Dividend Record Date		Feb. 10, 2017
Dividend Payment Date		Feb. 13, 2017
May 12, 2017 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date		May 12, 2017
Dividend per Share		$ 142,500
Dividend Record Date		May 12, 2017
Dividend Payment Date		May 15, 2017
July 13, 2017 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date		Jul. 13, 2017
Dividend per Share		$ 64,387.71
Dividend Record Date		Jul. 13, 2017
Dividend Payment Date		Jul. 14, 2017
August 2, 2017 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date		Aug. 2, 2017
Dividend per Share		$ 100,000
Dividend Record Date		Aug. 2, 2017
Dividend Payment Date		Aug. 3, 2017
November 8, 2017 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Declaration Date		Nov. 8, 2017
Dividend per Share		$ 65,000
Dividend Record Date		Nov. 8, 2017
Dividend Payment Date		Nov. 9, 2017
Minimum [Member] | May 11, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Payment Date	May 15, 2018
Maximum [Member] | May 11, 2018 Dividend Paid [Member]
Dividends Payable [Line Items]
Dividend Payment Date	May 21, 2018

Income Taxes - Schedule of Diff

Income Taxes - Schedule of Differences in Provision for Income Taxes by Applying Statutory Federal Income Tax Rate to Pretax from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Statutory federal income tax provision	$ (3,041)	$ 3,625	$ 6,253
Adjustment for nontaxable income	583	(6,012)	(6,635)
State income taxes, net of federal income tax benefit	(63)	136	126
Contributions to TRS			(942)
Change in federal tax rate	191	3,502
Valuation allowance	6,385	3,377
Other	0	0	0
Total income tax expense (benefit)	$ 4,055	$ 4,628	$ (1,198)
Statutory federal income tax provision, percentage	21.00%	34.00%	34.00%
Adjustment for nontaxable income, percentage	(4.00%)	(56.40%)	(36.10%)
State income taxes, net of federal income tax benefit, percentage	0.40%	1.30%	0.70%
Contributions to TRS, percentage	(0.00%)	(0.00%)	(5.10%)
Change in federal tax rate, percentage	(1.30%)	32.80%	0.00%
Valuation allowance, percentage	(44.10%)	31.70%	0.00%
Other, percentage	0.00%	0.00%	0.00%
Total income tax expense (benefit), percentage	(28.00%)	43.40%	(6.50%)

Income Taxes - Components of Co

Income Taxes - Components of Company's Income Tax (Benefit) Expense from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current:
Federal	$ 1,025	$ 1,452	$ 3,353
State	380	254	728
Deferred:
Federal	2,488	2,685	(4,822)
State	162	237	(457)
Total income tax expense (benefit)	$ 4,055	$ 4,628	$ (1,198)

Income Taxes - Components of Ne

Income Taxes - Components of Net Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets:
Total deferred tax assets before valuation allowances	$ 335	$ 2,984
TRS [Member]
Deferred tax assets:
Accrued expenses and other	361	357
Prepaid expenses and other		2
Investment in real estate book-tax basis difference	2,851	4,292
Goodwill book-tax basis difference	2,511	1,096
Net operating loss carryforward	5,385	1,549
Total deferred tax assets before valuation allowances	11,108	7,296
Valuation allowances	(10,747)	(4,312)
Deferred tax assets	361	2,984
Deferred tax liabilities:
Prepaid expenses and other	(26)
Deferred tax asset, net	$ 335	$ 2,984

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Valuation allowance	$ 10,700,000	$ 4,300,000
Net operating loss carryforwards, year of expiration	2034
Recognized tax benefits, percentage	50.00%
Uncertain tax positions	$ 0
Tax years that remains open after	2014
Statutory federal income tax rate	21.00%	34.00%	34.00%
Tax expense due to change in statutory federal income tax rate	$ 4,100,000

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2018USD ($)Hotel	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Jul. 07, 2017Hotel
Related Party Transaction [Line Items]
Capital improvements payable	$ 360,000	$ 638,000
Hotel [Member]
Related Party Transaction [Line Items]
Number of hotels owned | Hotel	48			52
Hilton Worldwide Inc [Member]
Related Party Transaction [Line Items]
Franchise fees, marketing fees, and other expenses	$ 18,600,000	18,100,000	$ 17,500,000
Capital improvements payable	0	0
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Professional fees paid to management company	3,900,000	2,200,000	$ 1,600,000
Management Company [Member]
Related Party Transaction [Line Items]
Capital improvements payable	$ 500,000	$ 0
Hilton Worldwide Holdings Inc. Franchisor [Member] | Hilton Worldwide Inc [Member] | Hotel [Member]
Related Party Transaction [Line Items]
Number of hotels owned | Hotel	26

Quarterly Financial Data - Sche

Quarterly Financial Data - Schedule of Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 53,168	$ 67,580	$ 64,798	$ 55,777	$ 56,888	$ 71,747	$ 69,923	$ 61,320
Net income (loss)	(14,333)	4,453	(8,552)	346	(15,323)	5,242	6,905	9,210	$ (18,086)	$ 6,034	$ 19,590
Series A Preferred Stock dividends declared	(2,292)	(2,292)	(2,011)	(1,459)	(1,459)	(1,693)	(2,411)	(2,410)	(8,054)	(7,973)	(9,641)
Net income (loss) available for common stockholder	$ (16,625)	$ 2,161	$ (10,563)	$ (1,113)	$ (16,782)	$ 3,549	$ 4,494	$ 6,800	$ (26,140)	$ (1,939)	$ 9,949
Basic and diluted net income (loss) per common share available to common stockholder	$ (166,250)	$ 21,610	$ (105,630)	$ (11,130)	$ (167,820)	$ 35,490	$ 44,940	$ 68,000	$ (261,400)	$ (19,390)	$ 99,490
Distributions declared and paid per common share	$ 55,000	$ 20,000	$ 60,000	$ 40,000	$ 65,000	$ 164,387.71	$ 142,500	$ 100,000	$ 175,000	$ 471,888	$ 540,000

Quarterly Financial Data - Sc_2

Quarterly Financial Data - Schedule of Quarterly Financial Data (Parenthetical) (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended			12 Months Ended
	Feb. 28, 2017	Dec. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2017
Effect of Fourth Quarter Events [Line Items]
Litigation Settlement, Amount Awarded to Other Party		$ 3,750
Loss on disposals of investment in real estate			$ 5,000		$ 4,981
Deepwater Horizon Economic and Property Damages Settlement Program [Member]
Effect of Fourth Quarter Events [Line Items]
Proceeds from litigation settlement	$ 1,400			$ 1,400

Schedule III - Real Estate an_2

Schedule III - Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
CIPTopside	$ 2,305
Encumbrances	695,387
Initial Cost to Company, Land	108,270
Initial Cost to Company, Building and Improvements	580,570
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	115,521
Gross Cost at Which Carried at Close of Period, Land	109,034
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	695,327
Gross Cost at Which Carried at Close of Period, Total	804,361	$ 874,439	$ 951,341	$ 1,060,555
Gross Cost at Which Carried at Close of Period, Acc Depreciation	(130,231)	$ (116,180)	$ (93,423)	$ (73,915)
Dothan [Member] | Alabama [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,123
Initial Cost to Company, Land	1,110
Initial Cost to Company, Building and Improvements	6,700
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,774
Gross Cost at Which Carried at Close of Period, Land	1,115
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	8,469
Gross Cost at Which Carried at Close of Period, Total	9,584
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,498)
Year of Construction	2004
Date Acquired	2013-05
Tuscaloosa [Member] | Alabama [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,639
Initial Cost to Company, Building and Improvements	7,690
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,011
Gross Cost at Which Carried at Close of Period, Land	19
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	9,682
Gross Cost at Which Carried at Close of Period, Total	9,701
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,873)
Year of Construction	1996
Date Acquired	2013-05
Tuscaloosa [Member] | Alabama [Member] | Fairfield Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,031
Initial Cost to Company, Building and Improvements	3,990
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,762
Gross Cost at Which Carried at Close of Period, Land	38
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	5,714
Gross Cost at Which Carried at Close of Period, Total	5,752
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,207)
Year of Construction	1996
Date Acquired	2013-05
Anchorage [Member] | Alaska [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,001
Initial Cost to Company, Land	2,020
Initial Cost to Company, Building and Improvements	12,980
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,083
Gross Cost at Which Carried at Close of Period, Land	2,077
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	15,006
Gross Cost at Which Carried at Close of Period, Total	17,083
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,013)
Year of Construction	1997
Date Acquired	2013-05
Anchorage [Member] | Alaska [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 15,137
Initial Cost to Company, Land	2,530
Initial Cost to Company, Building and Improvements	20,780
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,857
Gross Cost at Which Carried at Close of Period, Land	2,583
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	23,584
Gross Cost at Which Carried at Close of Period, Total	26,167
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (4,275)
Year of Construction	2002
Date Acquired	2013-05
Anchorage [Member] | Alaska [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 14,934
Initial Cost to Company, Land	3,190
Initial Cost to Company, Building and Improvements	19,510
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,059
Gross Cost at Which Carried at Close of Period, Land	3,335
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	21,424
Gross Cost at Which Carried at Close of Period, Total	24,759
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,739)
Year of Construction	2004
Date Acquired	2013-05
Phoenix [Member] | Arizona [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 13,920
Initial Cost to Company, Land	3,930
Initial Cost to Company, Building and Improvements	7,190
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,880
Gross Cost at Which Carried at Close of Period, Land	3,942
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	9,058
Gross Cost at Which Carried at Close of Period, Total	13,000
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,650)
Year of Construction	1998
Date Acquired	2013-05
Arcadia [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 18,853
Initial Cost to Company, Land	2,940
Initial Cost to Company, Building and Improvements	14,310
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,544
Gross Cost at Which Carried at Close of Period, Land	3,001
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	16,793
Gross Cost at Which Carried at Close of Period, Total	19,794
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,295)
Year of Construction	1999
Date Acquired	2013-05
Arcadia [Member] | California [Member] | SpringHill Suites - Savannah, Georgia [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 13,785
Initial Cost to Company, Land	2,610
Initial Cost to Company, Building and Improvements	9,130
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,692
Gross Cost at Which Carried at Close of Period, Land	2,674
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	11,758
Gross Cost at Which Carried at Close of Period, Total	14,432
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,857)
Year of Construction	1999
Date Acquired	2013-05
Bakersfield [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 8,717
Initial Cost to Company, Land	1,260
Initial Cost to Company, Building and Improvements	10,490
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,080
Gross Cost at Which Carried at Close of Period, Land	1,266
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	13,564
Gross Cost at Which Carried at Close of Period, Total	14,830
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,569)
Year of Construction	2004
Date Acquired	2013-05
Folsom [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,677
Initial Cost to Company, Land	1,310
Initial Cost to Company, Building and Improvements	11,000
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,988
Gross Cost at Which Carried at Close of Period, Land	1,343
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	12,955
Gross Cost at Which Carried at Close of Period, Total	14,298
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,457)
Year of Construction	1999
Date Acquired	2013-05
Foothill Ranch [Member] | California [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,433
Initial Cost to Company, Land	2,970
Initial Cost to Company, Building and Improvements	5,080
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,077
Gross Cost at Which Carried at Close of Period, Land	3,019
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	7,108
Gross Cost at Which Carried at Close of Period, Total	10,127
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,805)
Year of Construction	1998
Date Acquired	2013-05
Lake Forest [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 11,488
Initial Cost to Company, Land	4,250
Initial Cost to Company, Building and Improvements	10,440
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,322
Gross Cost at Which Carried at Close of Period, Land	4,274
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	12,738
Gross Cost at Which Carried at Close of Period, Total	17,012
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,676)
Year of Construction	2004
Date Acquired	2013-05
Milpitas [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 28,005
CIPTopside	65
Encumbrances	36,627
Initial Cost to Company, Land	6,600
Initial Cost to Company, Building and Improvements	22,190
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,748
Gross Cost at Which Carried at Close of Period, Land	6,604
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	25,934
Gross Cost at Which Carried at Close of Period, Total	32,538
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (4,468)
Year of Construction	1999
Date Acquired	2013-05
Roseville [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 12,974
Initial Cost to Company, Land	2,470
Initial Cost to Company, Building and Improvements	4,260
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,713
Gross Cost at Which Carried at Close of Period, Land	2,515
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	7,928
Gross Cost at Which Carried at Close of Period, Total	10,443
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,419)
Year of Construction	1999
Date Acquired	2013-05
San Francisco [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 38,992
Initial Cost to Company, Land	7,920
Initial Cost to Company, Building and Improvements	29,100
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,440
Gross Cost at Which Carried at Close of Period, Land	7,942
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	32,518
Gross Cost at Which Carried at Close of Period, Total	40,460
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (5,563)
Year of Construction	1999
Date Acquired	2013-05
Glendale [Member] | Colorado [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 17,637
Initial Cost to Company, Land	3,480
Initial Cost to Company, Building and Improvements	17,090
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,645
Gross Cost at Which Carried at Close of Period, Land	3,490
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	20,725
Gross Cost at Which Carried at Close of Period, Total	24,215
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (4,019)
Year of Construction	1999
Date Acquired	2013-05
Lakewood [Member] | Colorado [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 20,137
Initial Cost to Company, Land	2,520
Initial Cost to Company, Building and Improvements	12,590
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,752
Gross Cost at Which Carried at Close of Period, Land	2,545
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	15,317
Gross Cost at Which Carried at Close of Period, Total	17,862
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,931)
Year of Construction	2003
Date Acquired	2013-05
Farmington [Member] | Connecticut [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 14,191
Initial Cost to Company, Land	2,600
Initial Cost to Company, Building and Improvements	15,030
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,394
Gross Cost at Which Carried at Close of Period, Land	2,623
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	17,401
Gross Cost at Which Carried at Close of Period, Total	20,024
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,646)
Year of Construction	2005
Date Acquired	2013-05
Rocky Hill [Member] | Connecticut [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 12,163
Initial Cost to Company, Land	1,640
Initial Cost to Company, Building and Improvements	14,700
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,834
Gross Cost at Which Carried at Close of Period, Land	1,717
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	16,457
Gross Cost at Which Carried at Close of Period, Total	18,174
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,262)
Year of Construction	2005
Date Acquired	2013-05
Wallingford [Member] | Connecticut [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 13,222
CIPTopside	256
Encumbrances	10,812
Initial Cost to Company, Land	1,250
Initial Cost to Company, Building and Improvements	12,530
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,235
Gross Cost at Which Carried at Close of Period, Land	1,336
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	14,679
Gross Cost at Which Carried at Close of Period, Total	16,015
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,537)
Year of Construction	2005
Date Acquired	2013-05
Lake Mary [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,433
Initial Cost to Company, Land	1,190
Initial Cost to Company, Building and Improvements	5,570
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,898
Gross Cost at Which Carried at Close of Period, Land	1,206
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	7,452
Gross Cost at Which Carried at Close of Period, Total	8,658
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,528)
Year of Construction	1995
Date Acquired	2013-05
Lakeland [Member] | Florida [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 9,938
CIPTopside	11
Encumbrances	9,798
Initial Cost to Company, Land	630
Initial Cost to Company, Building and Improvements	9,740
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,145
Gross Cost at Which Carried at Close of Period, Land	655
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	11,860
Gross Cost at Which Carried at Close of Period, Total	12,515
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,566)
Year of Construction	2001
Date Acquired	2013-05
Panama City [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 5,789
CIPTopside	1,605
Encumbrances	9,460
Initial Cost to Company, Land	560
Initial Cost to Company, Building and Improvements	7,310
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,096
Gross Cost at Which Carried at Close of Period, Land	578
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	8,388
Gross Cost at Which Carried at Close of Period, Total	8,966
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,572)
Year of Construction	2006
Date Acquired	2013-05
Pensacola [Member] | Florida [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 9,528
Initial Cost to Company, Land	540
Initial Cost to Company, Building and Improvements	6,540
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,751
Gross Cost at Which Carried at Close of Period, Land	557
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	8,274
Gross Cost at Which Carried at Close of Period, Total	8,831
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,736)
Year of Construction	2005
Date Acquired	2013-05
Pensacola [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 8,244
Initial Cost to Company, Land	610
Initial Cost to Company, Building and Improvements	8,740
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,460
Gross Cost at Which Carried at Close of Period, Land	643
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	12,167
Gross Cost at Which Carried at Close of Period, Total	12,810
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (1,874)
Year of Construction	1997
Date Acquired	2013-05
Tallahassee [Member] | Florida [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,947
Initial Cost to Company, Land	2,270
Initial Cost to Company, Building and Improvements	9,780
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,224
Gross Cost at Which Carried at Close of Period, Land	2,279
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	11,995
Gross Cost at Which Carried at Close of Period, Total	14,274
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,116)
Year of Construction	1997
Date Acquired	2013-05
Columbus [Member] | Georgia [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 8,109
Initial Cost to Company, Land	1,190
Initial Cost to Company, Building and Improvements	7,600
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,910
Gross Cost at Which Carried at Close of Period, Land	1,223
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	9,477
Gross Cost at Which Carried at Close of Period, Total	10,700
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,315)
Year of Construction	2003
Date Acquired	2013-05
Mt Olive [Member] | New Jersey [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 16,620
CIPTopside	69
Encumbrances	13,718
Initial Cost to Company, Land	2,930
Initial Cost to Company, Building and Improvements	14,860
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,371
Gross Cost at Which Carried at Close of Period, Land	2,993
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	17,168
Gross Cost at Which Carried at Close of Period, Total	20,161
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,472)
Year of Construction	2005
Date Acquired	2013-05
Somerset [Member] | New Jersey [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 11,959
CIPTopside	35
Encumbrances	12,163
Initial Cost to Company, Land	3,120
Initial Cost to Company, Building and Improvements	8,830
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,245
Gross Cost at Which Carried at Close of Period, Land	3,124
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	11,071
Gross Cost at Which Carried at Close of Period, Total	14,195
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,201)
Year of Construction	2005
Date Acquired	2013-05
Saratoga Springs [Member] | New York [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 17,500
CIPTopside	33
Encumbrances	14,191
Initial Cost to Company, Land	960
Initial Cost to Company, Building and Improvements	17,020
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,933
Gross Cost at Which Carried at Close of Period, Land	979
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	19,934
Gross Cost at Which Carried at Close of Period, Total	20,913
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,380)
Year of Construction	1999
Date Acquired	2013-05
Roanoke Rapids [Member] | North Carolina [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 11,082
Initial Cost to Company, Land	1,740
Initial Cost to Company, Building and Improvements	3,870
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,038
Gross Cost at Which Carried at Close of Period, Land	1,744
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	5,904
Gross Cost at Which Carried at Close of Period, Total	7,648
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (862)
Year of Construction	2008
Date Acquired	2013-05
Hillsboro [Member] | Oregon [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 24,732
Initial Cost to Company, Land	3,240
Initial Cost to Company, Building and Improvements	11,280
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,445
Gross Cost at Which Carried at Close of Period, Land	3,259
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	14,706
Gross Cost at Which Carried at Close of Period, Total	17,965
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,558)
Year of Construction	1996
Date Acquired	2013-05
Hillsboro [Member] | Oregon [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 30,476
Initial Cost to Company, Land	3,790
Initial Cost to Company, Building and Improvements	16,540
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,949
Gross Cost at Which Carried at Close of Period, Land	3,809
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	20,470
Gross Cost at Which Carried at Close of Period, Total	24,279
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (4,429)
Year of Construction	1994
Date Acquired	2013-05
Hillsboro [Member] | Oregon [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 24,462
Initial Cost to Company, Land	3,200
Initial Cost to Company, Building and Improvements	11,070
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,495
Gross Cost at Which Carried at Close of Period, Land	3,237
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	13,528
Gross Cost at Which Carried at Close of Period, Total	16,765
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,077)
Year of Construction	1999
Date Acquired	2013-05
Portland [Member] | Oregon [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 69,377
Initial Cost to Company, Land	8,430
Initial Cost to Company, Building and Improvements	59,480
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	5,781
Gross Cost at Which Carried at Close of Period, Land	8,446
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	65,245
Gross Cost at Which Carried at Close of Period, Total	73,691
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (11,035)
Year of Construction	2001
Date Acquired	2013-05
Myrtle Beach [Member] | South Carolina [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,271
Initial Cost to Company, Land	1,240
Initial Cost to Company, Building and Improvements	9,570
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,726
Gross Cost at Which Carried at Close of Period, Land	1,300
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	12,236
Gross Cost at Which Carried at Close of Period, Total	13,536
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,642)
Year of Construction	1999
Date Acquired	2013-05
Nashville [Member] | Tennessee [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 14,731
Initial Cost to Company, Land	1,010
Initial Cost to Company, Building and Improvements	10,670
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,025
Gross Cost at Which Carried at Close of Period, Land	1,046
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	12,659
Gross Cost at Which Carried at Close of Period, Total	13,705
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,156)
Year of Construction	1999
Date Acquired	2013-05
Dallas [Member] | Texas [Member] | SpringHill Suites - Savannah, Georgia [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 14,191
Initial Cost to Company, Land	1,200
Initial Cost to Company, Building and Improvements	14,660
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,440
Gross Cost at Which Carried at Close of Period, Land	1,210
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	16,090
Gross Cost at Which Carried at Close of Period, Total	17,300
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,067)
Year of Construction	1997
Date Acquired	2013-05
Fort Worth [Member] | Texas [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 19,295
CIPTopside	37
Encumbrances	12,163
Initial Cost to Company, Land	1,250
Initial Cost to Company, Building and Improvements	12,180
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	8,763
Gross Cost at Which Carried at Close of Period, Land	1,269
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	20,924
Gross Cost at Which Carried at Close of Period, Total	22,193
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,861)
Year of Construction	1999
Date Acquired	2013-05
Fort Worth [Member] | Texas [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 15,641
Initial Cost to Company, Land	3,850
Initial Cost to Company, Building and Improvements	16,740
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	3,011
Gross Cost at Which Carried at Close of Period, Land	3,870
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	19,731
Gross Cost at Which Carried at Close of Period, Total	23,601
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,745)
Year of Construction	2005
Date Acquired	2013-05
McAllen [Member] | Texas [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 5,879
Initial Cost to Company, Land	1,510
Initial Cost to Company, Building and Improvements	7,490
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	(3,574)
Gross Cost at Which Carried at Close of Period, Land	820
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	4,606
Gross Cost at Which Carried at Close of Period, Total	5,426
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (120)
Year of Construction	2000
Date Acquired	2013-05
Kent [Member] | Washington [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 19,124
Initial Cost to Company, Land	2,180
Initial Cost to Company, Building and Improvements	13,140
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	2,238
Gross Cost at Which Carried at Close of Period, Land	2,224
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	15,334
Gross Cost at Which Carried at Close of Period, Total	17,558
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (3,110)
Year of Construction	1999
Date Acquired	2013-05
Mukilteo [Member] | Washington [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 11,961
Initial Cost to Company, Land	3,020
Initial Cost to Company, Building and Improvements	11,920
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	1,950
Gross Cost at Which Carried at Close of Period, Land	3,046
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	13,844
Gross Cost at Which Carried at Close of Period, Total	16,890
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (2,826)
Year of Construction	1999
Date Acquired	2013-05
Renton [Member] | Washington [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Per Consolidation	$ 21,093
CIPTopside	194
Encumbrances	22,435
Initial Cost to Company, Land	2,010
Initial Cost to Company, Building and Improvements	19,190
Costs Capitalized Subsequent to Acquisition, Land, Building and Improvements	4,311
Gross Cost at Which Carried at Close of Period, Land	2,059
Gross Cost at Which Carried at Close of Period, Bldg/FF&E/Other	23,452
Gross Cost at Which Carried at Close of Period, Total	25,511
Gross Cost at Which Carried at Close of Period, Acc Depreciation	$ (4,224)
Year of Construction	1998
Date Acquired	2013-05
Minimum [Member] | Dothan [Member] | Alabama [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Tuscaloosa [Member] | Alabama [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Tuscaloosa [Member] | Alabama [Member] | Fairfield Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Anchorage [Member] | Alaska [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Anchorage [Member] | Alaska [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Anchorage [Member] | Alaska [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Phoenix [Member] | Arizona [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Arcadia [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Arcadia [Member] | California [Member] | SpringHill Suites - Savannah, Georgia [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Bakersfield [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Folsom [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Foothill Ranch [Member] | California [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Lake Forest [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Milpitas [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Roseville [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | San Francisco [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Glendale [Member] | Colorado [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Lakewood [Member] | Colorado [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Farmington [Member] | Connecticut [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Rocky Hill [Member] | Connecticut [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Wallingford [Member] | Connecticut [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Lake Mary [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Lakeland [Member] | Florida [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Panama City [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Pensacola [Member] | Florida [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Pensacola [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Tallahassee [Member] | Florida [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Columbus [Member] | Georgia [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Mt Olive [Member] | New Jersey [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Somerset [Member] | New Jersey [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Saratoga Springs [Member] | New York [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Roanoke Rapids [Member] | North Carolina [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Hillsboro [Member] | Oregon [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Hillsboro [Member] | Oregon [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Hillsboro [Member] | Oregon [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Portland [Member] | Oregon [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Myrtle Beach [Member] | South Carolina [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Nashville [Member] | Tennessee [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Dallas [Member] | Texas [Member] | SpringHill Suites - Savannah, Georgia [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Fort Worth [Member] | Texas [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Fort Worth [Member] | Texas [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | McAllen [Member] | Texas [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Kent [Member] | Washington [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Mukilteo [Member] | Washington [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Minimum [Member] | Renton [Member] | Washington [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	3 years
Maximum [Member] | Dothan [Member] | Alabama [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Tuscaloosa [Member] | Alabama [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Tuscaloosa [Member] | Alabama [Member] | Fairfield Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Anchorage [Member] | Alaska [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Anchorage [Member] | Alaska [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Anchorage [Member] | Alaska [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Phoenix [Member] | Arizona [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Arcadia [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Arcadia [Member] | California [Member] | SpringHill Suites - Savannah, Georgia [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Bakersfield [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Folsom [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Foothill Ranch [Member] | California [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Lake Forest [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Milpitas [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Roseville [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | San Francisco [Member] | California [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Glendale [Member] | Colorado [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Lakewood [Member] | Colorado [Member] | Hampton Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Farmington [Member] | Connecticut [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Rocky Hill [Member] | Connecticut [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Wallingford [Member] | Connecticut [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Lake Mary [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Lakeland [Member] | Florida [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Panama City [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Pensacola [Member] | Florida [Member] | Hampton Inn & Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Pensacola [Member] | Florida [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Tallahassee [Member] | Florida [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Columbus [Member] | Georgia [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Mt Olive [Member] | New Jersey [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Somerset [Member] | New Jersey [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Saratoga Springs [Member] | New York [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Roanoke Rapids [Member] | North Carolina [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Hillsboro [Member] | Oregon [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Hillsboro [Member] | Oregon [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Hillsboro [Member] | Oregon [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Portland [Member] | Oregon [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Myrtle Beach [Member] | South Carolina [Member] | Courtyard [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Nashville [Member] | Tennessee [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Dallas [Member] | Texas [Member] | SpringHill Suites - Savannah, Georgia [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Fort Worth [Member] | Texas [Member] | Homewood Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Fort Worth [Member] | Texas [Member] | Residence Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | McAllen [Member] | Texas [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Kent [Member] | Washington [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Mukilteo [Member] | Washington [Member] | TownePlace Suites [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years
Maximum [Member] | Renton [Member] | Washington [Member] | Hilton Garden Inn [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Depreciable Life	39 years

Schedule III - Real Estate an_3

Schedule III - Real Estate and Accumulated Depreciation2 (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investment in real estate:
Real estate gross, carrying value	$ 874,439	$ 951,341	$ 1,060,555
Improvements	28,026	25,755	37,548
Hotels held for sale	(32,808)	(72,467)	(49,426)
Disposals and impairments	(65,296)	(30,190)	(97,336)
Real estate gross, carrying value	804,361	874,439	951,341
Accumulated depreciation:
Real estate accumulated depreciation	116,180	93,423	73,915
Depreciation expense	33,459	35,668	38,507
Hotels held for sale	(7,503)	(6,933)	(6,330)
Disposals and impairment	(11,905)	(5,978)	(12,669)
Real estate accumulated depreciation	$ 130,231	$ 116,180	$ 93,423