Consolidated Statements Of Operations - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Revenue:
Hotel Operating Revenues		$ 106,847	$ 95,688
Other Revenues		23	24
Total Revenues		106,870	95,712
Operating Expenses:
Hotel Operating Expenses		65,718	57,355
Hotel Ground Rent		893	728
Real Estate and Personal Property Taxes and Property Insurance		9,156	8,270
General and Administrative (including Share Based Payments of $2,406 and $1,539 for the three months ended March 31, 2016 and 2015, respectively)		5,400	4,347
Acquisition and Terminated Transaction Costs		1,508	118
Depreciation and Amortization		20,060	18,253
Total Operating Expenses		102,735	89,071
Operating Income		4,135	6,641
Interest Income		46	48
Interest Expense		(12,221)	(10,635)
Other Expense		123	169
Loss on Debt Extinguishment		(42)
Loss Before Loss from Unconsolidated Joint Venture Investments and Income Taxes		(8,205)	(4,115)
Loss from Unconsolidated Joint Ventures		(214)	(274)
Loss from Unconsolidated Joint Venture Investments		(214)	(274)
Loss from Continuing Operations		(8,419)	(4,389)
Net Loss		(8,419)	(4,389)
Loss Allocated to Noncontrolling Interests		687	443
Preferred Distributions		(3,589)	(3,589)
Net Loss Applicable to Common Shareholders		$ (11,321)	$ (7,535)
BASIC
Net Loss Applicable to Common Shareholders		$ (0.26)	$ (0.15)
DILUTED
Net Loss Applicable to Common Shareholders		$ (0.26)	$ (0.15)
Weighted Average Common Shares Outstanding:
Basic		44,379,327	49,582,790
Diluted	[1]	44,379,327	49,582,790

[1] Income (loss) allocated to noncontrolling interest in HHLP has been excluded from the numerator and Common Units and Vested LTIP Units have been omitted from the denominator for the purpose of computing diluted earnings per share since including these amounts in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income (loss) from continuing operations applicable to common shareholders.