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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets:    
Investment in Hotel Properties, Net of Accumulated Depreciation, Including Consolidation of Variable Interest Entity Assets of $84,624 and $85,759 $ 1,752,115 $ 1,535,835
Investment in Unconsolidated Joint Ventures 11,642 12,044
Cash and Cash Equivalents 37,868 36,213
Escrow Deposits 20,045 25,938
Hotel Accounts Receivable, Net of Allowance for Doubtful Accounts of $121 and $43 10,637 9,141
Deferred Financing Costs, Net of Accumulated Amortization of $7,064 and $7,070 8,226 7,570
Due from Related Parties 6,803 11,124
Intangible Assets, Net of Accumulated Amortization of $3,406 and $3,227 7,412 7,603
Deposits on Hotel Acquisitions   18,586
Other Assets 30,861 27,460
Hotel Assets Held for Sale   56,583
Total Assets 1,885,609 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 $54,535 and $55,714 613,668 571,953
Accounts Payable, Accrued Expenses and Other Liabilities 56,069 40,852
Dividends and Distributions Payable 17,905 15,955
Due to Related Parties 3,096 4,815
Liabilities Related To Hotel Assets Held for Sale   45,835
Total Liabilities 1,019,286 880,958
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 September 30, 2014 and December 31, 2013, with Liquidation Preferences of $25 Per Share (Note 1) 76 76
Accumulated Other Comprehensive Loss (90) (376)
Additional Paid-in Capital 1,191,924 1,200,798
Distributions in Excess of Net Income (356,567) (364,568)
Total Shareholders' Equity 837,351 837,958
Noncontrolling Interests (Note 1):    
Noncontrolling Interests - Common Units 29,871 29,523
Noncontrolling Interest - Consolidated Variable Interest Entity (899) (342)
Total Noncontrolling Interests 28,972 29,181
Total Equity 866,323 867,139
Total Liabilities and Equity 1,885,609 1,748,097
Class A Common Shares [Member]
   
Shareholders' Equity:    
Common Shares 2,008 2,028
Class B Common Shares [Member]
   
Shareholders' Equity:    
Common Shares