Development Loans Receivable (Development Loans Receivable) (Details) (USD $) In Thousands, unless otherwise specified		0 Months Ended	9 Months Ended	21 Months Ended				0 Months Ended	21 Months Ended
	Dec. 31, 2012	Apr. 09, 2013 Hyatt Union Square, New York, NY [Member]	Sep. 30, 2013 Operational Hotels [Member] Hyatt 48Lex, New York, NY [Member] 44 Lexington Holding, LLC [Member]	Sep. 30, 2013 Operational Hotels [Member] Hyatt 48Lex, New York, NY [Member] 44 Lexington Holding, LLC [Member]		Dec. 31, 2012 Operational Hotels [Member] Hyatt 48Lex, New York, NY [Member] 44 Lexington Holding, LLC [Member]		Apr. 09, 2013 Construction Hotels [Member] Hyatt Union Square, New York, NY [Member] Risingsam Union Square, LLC [Member]	Sep. 30, 2013 Construction Hotels [Member] Hyatt Union Square, New York, NY [Member] Risingsam Union Square, LLC [Member]		Dec. 31, 2012 Construction Hotels [Member] Hyatt Union Square, New York, NY [Member] Risingsam Union Square, LLC [Member]
Receivables, Loans, Notes Receivable, and Others, Schedule of Accounts, Notes, Loans and Financing Receivable [Line Items]
Principal Outstanding	$ 28,425					$ 15,122	[1]				$ 13,303	[2]
Interest Rate				9.00%	[1],[3]				10.00%	[2]
Cumulative interest income paid in kind			678
Acquisition Date		Apr. 09, 2013						Apr. 09, 2013
Business acquisition, cash paid								36,000
Development loan on the re-development project cancelled								10,000
Business acquisition, cancellation of accrued interest receivable								$ 3,303

[1] Indicates borrower is a related party

[2] On April 9, 2013, we completed the acquisition of the real property and improvements for the Hyatt Union Square hotel in New York, NY from Risingsam Union Square, LLC.  Consideration given in exchange for the property including $36,000 paid in cash to the seller and ourcancellationof a development loan receivable in the original principal amount of $10,000 and $3,303 of accrued interest on the loan.  In addition, we paid off the existing construction financing and entered into a new mortgage loan.  See “Note 2 -Investment In Hotel Properties” for additional discussion of this transaction.

[3] Prior to June 1, 2012, the development loan to 44 Lexington Holding LLC allowed the borrower to elect, quarterly, to pay accrued interest in-kind by adding the accrued interest to the principal balance of the loan.  Effective June 1, 2012, we amended the development loan with 44 Lexington Holding LLC to cease the buyer’s election to pay accrued interest in-kind.  Interest of $678 was added to principal during the nine months ended September 30, 2012.