Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating Activities:
Net Loss	$ (8,419)	$ (4,389)
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Depreciation	19,981	18,147
Amortization	315	494
Unamortized Deferred Fees Expensed in Debt Extinguishment	42
Equity in (Income) Loss of Unconsolidated Joint Ventures	214	274
Distributions from Unconsolidated Joint Ventures		5
Loss Recognized on Change in Fair Value of Derivative Instrument	37	54
Stock Based Compensation Expense	2,406	1,539
(Increase) Decrease in:
Hotel Accounts Receivable	(698)	(766)
Escrows	(1,046)	(2,701)
Other Assets	2,895	(1,221)
Due from Related Parties	(43)	165
(Decrease) Increase in:
Due to Related Parties	(4,945)	2,672
Accounts Payable, Accrued Expenses and Other Liabilities	(1,640)	149
Net Cash Provided by Operating Activities	9,099	14,422
Investing Activities:
Purchase of Hotel Property Assets	(126,284)
Deposits on Hotel Acquisitions		(500)
Capital Expenditures	(11,090)	(5,383)
Cash Paid for Hotel Development Projects		(992)
Net Changes in Capital Expenditure Escrows	(188)	1,730
Distributions from Unconsolidated Joint Ventures	250	130
Net Cash Used in Investing Activities	(137,312)	(5,015)
Financing Activities:
Proceeds from Borrowings Under Line of Credit, Net	151,550	34,500
Principal Repayment of Mortgages and Notes Payable	(8,470)	(28,319)
Proceeds from Mortgages and Notes Payable		25,000
Cash Paid for Deferred Financing Costs	(117)	(95)
Loss on Debt Extinguishment	42
Repurchase of Common Shares	(2,314)	(12,627)
Dividends Paid on Common Shares	(12,476)	(13,903)
Dividends Paid on Preferred Shares	(3,589)	(3,589)
Distributions Paid on Common Units and LTIP Units	(649)	(621)
Net Cash Provided by Financing Activities	123,935	346
Net (Decrease) Increase in Cash and Cash Equivalents	(4,278)	9,753
Cash and Cash Equivalents - Beginning of Period	27,955	21,675
Cash and Cash Equivalents - End of Period	$ 23,677	$ 31,428