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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets:    
Investment in Hotel Properties, Net of Accumulated Depreciation, Including Consolidation of Variable Interest Entity Assets of $85,006 and $85,759 $ 1,760,893 $ 1,535,835
Investment in Unconsolidated Joint Ventures 11,593 12,044
Cash and Cash Equivalents 29,191 36,213
Escrow Deposits 21,159 25,938
Hotel Accounts Receivable, Net of Allowance for Doubtful Accounts of $192 and $43 13,156 9,141
Deferred Financing Costs, Net of Accumulated Amortization of $6,354 and $7,070 8,913 7,570
Due from Related Parties 6,358 11,124
Intangible Assets, Net of Accumulated Amortization of $3,299 and $3,227 7,515 7,603
Deposits on Hotel Acquisitions   18,586
Other Assets 35,013 27,460
Hotel Assets Held for Sale   56,583
Total Assets 1,893,791 1,748,097
Liabilities and Equity:    
Line of Credit 27,000  
Unsecured Term Loan 250,000 150,000
Unsecured Notes Payable 51,548 51,548
Mortgages Payable, including Net Unamortized Premium and Consolidation of Variable Interest Entity Debt of $54,926 and $55,714 615,229 571,953
Accounts Payable, Accrued Expenses and Other Liabilities 52,797 40,852
Dividends and Distributions Payable 15,830 15,955
Due to Related Parties 6,386 4,815
Liabilities Related To Hotel Assets Held for Sale   45,835
Total Liabilities 1,018,790 880,958
Shareholders' Equity:    
Preferred Shares: $.01 Par Value, 29,000,000 Shares Authorized, 4,600,000 Series B and 3,000,000 Series C Shares Issued and Outstanding at June 30, 2014 and December 31, 2013, with Liquidation Preferences of $25 Per Share (Note 1) 76 76
Accumulated Other Comprehensive Loss (894) (376)
Additional Paid-in Capital 1,190,875 1,200,798
Distributions in Excess of Net Income (346,562) (364,568)
Total Shareholders' Equity 845,502 837,958
Noncontrolling Interests (Note 1):    
Noncontrolling Interests - Common Units 30,209 29,523
Noncontrolling Interest - Consolidated Variable Interest Entity (710) (342)
Total Noncontrolling Interests 29,499 29,181
Total Equity 875,001 867,139
Total Liabilities and Equity 1,893,791 1,748,097
Class A Common Shares [Member]
   
Shareholders' Equity:    
Common Shares 2,007 2,028
Class B Common Shares [Member]
   
Shareholders' Equity:    
Common Shares