Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Assets:
Investment in Hotel Properties, Net of Accumulated Depreciation, Including Consolidation of Variable Interest Entity Assets of $86,138 and $86,657	$ 1,487,605	$ 1,466,713
Investment in Unconsolidated Joint Ventures	14,251	16,007
Development Loans Receivable		28,425
Cash and Cash Equivalents	46,588	69,059
Escrow Deposits	30,175	26,792
Hotel Accounts Receivable, Net of Allowance for Doubtful Accounts of $18 and $365	11,344	11,538
Deferred Financing Costs, Net of Accumulated Amortization of $6,701 and $4,841	8,344	8,695
Due from Related Parties	6,318	8,488
Intangible Assets, Net of Accumulated Amortization of $3,348 and $2,413	8,023	8,698
Deposits on Hotel Acquisitions	15,486	37,750
Other Assets	24,927	25,514
Hotel Assets Held for Sale	178,695
Total Assets	1,831,756	1,707,679
Liabilities and Equity:
Line of Credit	79,700
Unsecured Term Loan	150,000	100,000
Unsecured Notes Payable	51,548	51,548
Mortgages Payable, including Net Unamortized Premium and Consolidation of Variable Interest Entity Debt of $56,107 and $57,256	568,496	641,160
Accounts Payable, Accrued Expenses and Other Liabilities	34,465	33,838
Dividends and Distributions Payable	15,950	15,621
Due to Related Parties	7,224	4,403
Liabilities Related To Hotel Assets Held for Sale	79,291
Total Liabilities	986,674	846,570
Redeemable Noncontrolling Interests - Common Units (Note 1)		15,321
Shareholders' Equity:
Preferred Shares: $.01 Par Value, 29,000,000 shares Authorized, 7,600,000 Series B and C Shares Issued and Outstanding at September 30, 2013 and 7,000,000 Series A and B Preferred Shares Issued and Outstanding at December 31, 2012, with Liquidation Preferences of $25 Per Share (Note 1)	76	70
Accumulated Other Comprehensive Loss	(422)	(1,786)
Additional Paid-in Capital	1,198,760	1,178,292
Distributions in Excess of Net Income	(383,991)	(348,734)
Total Shareholders' Equity	816,450	829,828
Noncontrolling Interests (Note 1):
Noncontrolling Interests - Common Units	28,786	15,484
Noncontrolling Interest - Consolidated Variable Interest Entity	(154)	476
Total Noncontrolling Interests	28,632	15,960
Total Equity	845,082	845,788
Total Liabilities and Equity	1,831,756	1,707,679
Class A Common Shares [Member]
Shareholders' Equity:
Common Shares	$ 2,027	$ 1,986