Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt [Abstract]

Schedule of Mortagages Payable

		December 31, 2016		December 31, 2015
Mortgage Indebtedness	$	338,529	$	545,036
Net Unamortized Premium		2,313		3,503
Net Unamortized Deferred Financing Costs		(3,021)		(3,880)
	$	337,821	$	544,659
Liabilities Related to Hotel Assets Held for Sale	$	51,428	$	-

Summary Of Borrowing Base Assets

- Holiday Inn Express, Cambridge, MA	- Hampton Inn, Washington, DC
- Hyatt House White Plains, NY	- Nu Hotel, Brooklyn, NY
- Hyatt House Gaithersburg, MD	- The Rittenhouse Hotel, Philadelphia, PA
- Sheraton, Wilmington South, DE	- The Boxer, Boston, MA
- Sheraton Hotel, JFK Airport, New York, NY	- Courtyard, San Diego, CA
- Winter Haven, Miami, FL	- Residence Inn, Coconut Grove, FL
- Hampton Inn, Pearl Street, NY	- Blue Moon, Miami, FL
- Residence Inn, Greenbelt, MD	- Parrot Key Resort, Key West, FL
- Courtyard, Miami, FL	- Courtyard, Brookline, MA
- Residence Inn, Tyson's Corner, VA	- TownePlace Suites, Sunnyvale, CA
- Ritz Carlton, Washington, DC	- Hilton Garden Inn, M Street, Washington, DC
- Hampton Inn, Philadelphia, PA	- Courtyard, Alexandria, VA
- Hampton Inn, Seaport, NY	- Holiday Inn Express, 29th Street, NY
- Envoy Hotel, Boston, MA	- Holiday Inn Express Chester, NY

Summary Of Balances Outstanding And Interest Rate Spread

			Outstanding Balance
Borrowing	Spread		December 31, 2016		December 31, 2015
Line of Credit	1.70% to 2.45%	$	-	$	27,000
First Term Loan	1.60% to 2.35%		210,520		250,000
Second Term Loan	1.50% to 2.25%		300,000		300,000
Third Term Loan	1.45% to 2.20%		156,100		-

Aggregate Annual Principal Payments For Mortgages And Notes Payable

Year Ending December 31,	Amount
2017	$	160,908
2018		27,237
2019		312,084
2020		301,694
2021		179,704
Thereafter		126,498
Net Unamortized Premium		2,313
	$	1,110,438