Consolidated Statement Of Operations (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Revenue:
Hotel Operating Revenues	$ 90,250		$ 79,102		$ 246,019		$ 214,827
Interest Income from Development Loans	0		463		158		1,602
Other Revenues	41		50		135		164
Total Revenues	90,291		79,615		246,312		216,593
Operating Expenses:
Hotel Operating Expenses	50,297		43,512		137,550		119,107
Gain on Insurance Settlements					(403)
Hotel Ground Rent	245		214		739		622
Real Estate and Personal Property Taxes and Property Insurance	6,331		5,015		17,754		13,781
General and Administrative (including Share Based Payments of $1,992 and $1,923 and $6,819 and $6,322 for the three and nine months ended September 30, 2013 and 2012, respectively)	5,251		4,705		15,942		15,207
Acquisition and Terminated Transaction Costs	27		86		803		1,168
Depreciation and Amortization	14,572		12,488		41,156		35,611
Gain on Hotel Acquisitions, Net					(12,108)
Total Operating Expenses	76,723		66,020		201,433		185,496
Operating Income	13,568		13,595		44,879		31,097
Interest Income	450		407		1,375		859
Interest Expense	10,528		9,387		29,573		27,863
Other Expense	261		42		837		564
Loss on Debt Extinguishment			3		545		249
Income Before Income (Loss) from Unconsolidated Joint Venture	3,229		4,570		15,299		3,280
Income (Loss) from Unconsolidated Joint Ventures	227		237		(21)		(79)
Loss from Remeasurement of Investment in Unconsolidated Joint Venture			(1,668)				(1,892)
Income (Loss) from Unconsolidated Joint Venture Investments	227		(1,431)		(21)		(1,971)
Income Before Income Taxes	3,456		3,139		15,278		1,309
Income Tax Benefit	2,375				2,282
Income from Continuing Operations	5,831		3,139		17,560		1,309
Discontinued Operations (Note 12):
(Loss) Gain on Disposition of Hotel Properties	(11)		(183)		1,032		11,269
Impairment of Discontinued Assets	(6,591)				(10,314)
Income from Discontinued Operations, Net of Income Taxes	3,070		2,938		4,431		2,791
(Loss) Income from Discontinued Operations	(3,532)		2,755		(4,851)		14,060
Net Income	2,299		5,894		12,709		15,369
Loss Allocated to Noncontrolling Interests	164		279		628		223
Preferred Distributions	(3,589)		(3,500)		(11,022)		(10,500)
Less: Extinguishment of Issuance Costs Upon Redemption of Series A Preferred Shares					(2,250)
Net (Loss) Income Applicable to Common Shareholders	$ (1,126)		$ 2,673		$ 65		$ 5,092
BASIC
Income (Loss) from Continuing Operations Applicable to Common Shareholders	$ 0.01		$ 0.00		$ 0.02		$ (0.05)
(Loss) Income from Discontinued Operations Applicable to Common Shareholders	$ (0.02)		$ 0.01		$ (0.02)		$ 0.07
Net (Loss) Income Applicable to Common Shareholders	$ (0.01)		$ 0.01		$ 0.00		$ 0.02
DILUTED
Income (Loss) from Continuing Operations Applicable to Common Shareholders	$ 0.01		$ 0.00		$ 0.02		$ (0.05)
(Loss) Income from Discontinued Operations Applicable to Common Shareholders	$ (0.02)		$ 0.01		$ (0.02)		$ 0.07
Net (Loss) Income Applicable to Common Shareholders	$ (0.01)		$ 0.01		$ 0.00		$ 0.02
Weighted Average Common Shares Outstanding:
Basic	198,878,496		196,360,325		198,186,963		184,394,561
Diluted	201,644,633	[1]	196,360,325	[1]	201,488,088	[1]	184,394,561	[1]

[1] Income (loss) allocated to noncontrolling interest in Hersha Hospitality Limited Partnership has been excluded from the numerator and units of limited partnership interest in Hersha Hospitality Limited Partnership have been omitted from the denominator for the purpose of computing diluted earnings per share since the effect of including these amounts in the numerator and denominator would have no impact.  In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income (loss) from continuing operations applicable to common shareholders.