Cash Flow Disclosures And Non Cash Investing And Financing Activities

9 Months Ended

Sep. 30, 2014

Cash Flow Disclosures And Non Cash Investing And Financing Activities [Abstract]

Cash Flow Disclosures And Non Cash Investing And Financing Activities

NOTE 10 – CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES

Interest paid during the nine months ended September 30, 2014 and 2013 totaled $30,538 and $31,774, respectively. The following non-cash investing and financing activities occurred during 2014 and 2013:

	2014		2013
Common Shares issued as part of the Dividend Reinvestment Plan	$	34	$	27
Acquisition of hotel properties:
Debt assumed		24,924		-
Settlement of development loan receivable principal and accrued interest revenue receivable		22,494		13,303
Disposition of hotel properties:
Debt assumed by purchaser		45,710		-
Conversion of Common Units to Common Shares		-		106