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Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt [Abstract]  
Schedule Of Mortgages Payable



 

 

 

 

 



 

March 31, 2016

 

 

December 31, 2015

Mortgage Indebtedness

$

496,063 

 

$

545,036 

Net Unamortized Premium

 

3,208 

 

 

3,503 

Net Unamortized Deferred Financing Costs

 

(3,667)

 

 

(3,880)



$

495,604 

 

$

544,659 



 

 

 

 

 

Liabilities Related to Hotel Assets Held for Sale

$

55,203 

 

$

 -



Summary Of The Balances Outstanding And Interest Rate Spread



 

 

 

 

 

 

 

 



 

 

 

 

Outstanding Balance

Borrowing

 

Spread

 

 

March 31, 2016

 

 

December 31, 2015

Line of Credit

 

1.70% to 2.45%

 

$

178,550 

 

$

27,000 

First Term Loan

 

1.60% to 2.35%

 

 

250,000 

 

 

250,000 

Second Term Loan

 

1.50% to 2.25%

 

 

300,000 

 

 

300,000