Fair Value Measurements And Derivative Instruments (Fair Value Of Interest Rate Swaps And Caps) (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended			9 Months Ended				9 Months Ended		9 Months Ended		9 Months Ended		9 Months Ended		9 Months Ended			9 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013 Interest Rate Swap: Holiday Inn Express Times Square, New York, NY [Member]		Dec. 31, 2012 Interest Rate Swap: Holiday Inn Express Times Square, New York, NY [Member]		Sep. 30, 2013 Interest Rate Swap: CY Westside, Culver City, LA [Member]	Dec. 31, 2012 Interest Rate Swap: CY Westside, Culver City, LA [Member]	Sep. 30, 2013 Interest Rate Swap: Capitol Hill Suites, Washington, DC [Member]	Dec. 31, 2012 Interest Rate Swap: Capitol Hill Suites, Washington, DC [Member]	Sep. 30, 2013 Interest Rate Cap: Hotel 373, New York, NY [Member]	Dec. 31, 2012 Interest Rate Cap: Hotel 373, New York, NY [Member]	Sep. 30, 2013 Interest Rate Swap: Courtyard by Marriott, Miami, FL [Member]	Dec. 31, 2012 Interest Rate Swap: Courtyard by Marriott, Miami, FL [Member]	Sep. 30, 2013 Subordinated Notes Payable [Member]	Sep. 30, 2013 Corporate Credit Facility - I [Member] Unsecured Revolving Line Of Credit [Member]	Dec. 31, 2012 Corporate Credit Facility - I [Member] Unsecured Revolving Line Of Credit [Member]	Sep. 30, 2013 Corporate Credit Facility - II [Member] Unsecured Revolving Line Of Credit [Member]	Dec. 31, 2012 Corporate Credit Facility - II [Member] Unsecured Revolving Line Of Credit [Member]	Sep. 30, 2013 Interest Rate Cap Hyatt Union Square, New York, NY [Member]	Apr. 09, 2013 Interest Rate Cap Hyatt Union Square, New York, NY [Member]
Derivatives, Fair Value [Line Items]
Strike Rate				1.24%	[1]			1.097%		0.54%		2.00%		0.82%		2.00%	0.545%		0.60%		2.00%
Index: Variable interest rate basis				1-Month LIBOR + 4.00%	[1]			1-Month LIBOR + 3.85%		1-Month LIBOR + 3.25%		1-Month LIBOR + 3.85%		1-Month LIBOR + 3.50%		1-Month LIBOR + 3.00%	1-Month LIBOR + 2.40%		1-Month LIBOR + 2.40%		1-Month LIBOR + 4.19%
Index: Basis spread on variable rate basis (in hundredths)				4.00%				3.85%		3.25%		3.85%		3.50%		3.00%	2.40%		2.40%		4.19%	2.00%
Effective Date				May 31, 2011	[1]			Sep. 29, 2011		Feb. 01, 2012		May 24, 2012		Jul. 02, 2012		Jul. 30, 2012	Nov. 05, 2012		Dec. 18, 2012		Apr. 09, 2013
Maturity Date				Jun. 01, 2014	[1]			Sep. 29, 2015		Feb. 01, 2015		Jun. 01, 2015		Jul. 01, 2016		Jul. 30, 2014	Nov. 05, 2016		Nov. 05, 2016		Apr. 09, 2016
Notional amount								$ 30,000		$ 27,235		$ 18,568		$ 60,000		$ 51,548	$ 100,000		$ 50,000		$ 55,000	$ 55,000
Estimated Fair Value	(211)		(2,186)			(530)	[1]	(421)	(559)	(100)	(143)	3	6	(373)	(658)		439	(135)	136	(167)	105
Settlement of interest rate cap	$ 565	$ 96		$ 565

[1] On January 3, 2013, the Company repaid the mortgage secured by the Holiday Inn Express Times Square in New York, NY and paid $565 to settle its obligation under the swap. Due to the timing of this transaction, the hedge relationship on our interest rate swap was derecognized as of December 31, 2012.