Fair Value Measurements And Derivative Instruments (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014 Interest Rate Cap: Hyatt Union Square, New York, NY [Member]	Sep. 30, 2014 Interest Rate Swap: Duane Street Hotel, New York, NY [Member]	Jan. 31, 2014 Interest Rate Swap: Duane Street Hotel, New York, NY [Member]	Sep. 30, 2014 Interest Rate Swap: Hilton Garden Inn 52nd Street, New York, NY [Member]	May 27, 2014 Interest Rate Swap: Hilton Garden Inn 52nd Street, New York, NY [Member]	Sep. 30, 2014 Carrying (Reported) Amount, Fair Value Disclosure [Member]	Dec. 31, 2013 Carrying (Reported) Amount, Fair Value Disclosure [Member]	Sep. 30, 2014 Estimate of Fair Value, Fair Value Disclosure [Member]	Dec. 31, 2013 Estimate of Fair Value, Fair Value Disclosure [Member]
Derivatives, Fair Value [Line Items]
Fixed interest payment, percentage					2.00%	0.933%	5.433%	1.152%	4.052%
Unrealized gain (loss) recognized in accumulated other comprehensive income	$ 805	$ (1,000)	$ 286	$ 1,364
Unrealized gain (loss) reclassified from accumulated other comprehensive income to interest expense	368		1,141
Gain (loss) to be reclassified to interest expense during next 12 months	1,252		1,252
Carrying value and estimated fair value of debt										$ 942,216	$ 819,336	$ 938,778	$ 828,974