Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Activities:
Net income	$ 121,457	$ 42,207	$ 68,271
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Gain on Disposition of Hotel Properties, Net	(115,839)		(7,067)
Gain on Hotel Acquisitions, Net			(12,667)
Contingent Consideration			2,000
Development Loan Recovery			(22,494)
Impairment of Hotel Assets			1,800
Lease Buyout	11,845
Deferred Taxes	(4,888)	(3,141)	(2,685)
Depreciation	74,644	74,007	68,753
Amortization	2,022	1,492	1,979
Loss on Debt Extinguishment	1,187	324	673
Equity in Loss (Income) of Unconsolidated Joint Ventures	1,823	(965)	(693)
Distributions from Unconsolidated Joint Ventures	1,574	1,446	1,262
Loss Recognized on Change in Fair Value of Derivative Instrument	50	107	71
Stock Based Compensation Expense	8,048	6,523	6,028
(Increase) Decrease in:
Hotel Accounts Receivable	1,024	993	(350)
Escrows	4,991	(14)	1,272
Other Assets	1,286	(6,973)	2,182
Due from Related Parties	(12,089)	337	4,544
(Decrease) Increase in:
Due to Related Parties	(8,789)	1,586	2,388
Accounts Payable, Accrued Expenses and Other Liabilities	(1,788)	3,888	(2,373)
Net Cash Provided by Operating Activities	86,558	121,817	112,894
Investing Activities:
Purchase of Hotel Property Assets	(321,995)	(110,176)	(175,236)
Deposits on Hotel Acquisitions		(5,000)
Capital Expenditures	(33,267)	(27,366)	(38,342)
Cash Paid for Hotel Development Projects	(952)	(950)	(3,764)
Proceeds from Disposition of Hotel Properties	67,430		30,056
Net Changes in Capital Expenditure Escrows	6,476	(779)	4,577
Proceeds from Contribution of Hotel Property Assets to Unconsolidated Joint Venture	429,221
Proceeds from Insurance Claims			1,881
Distributions from Unconsolidated Joint Ventures	3,011	362	324
Net Cash Provided by (Used in) Investing Activities	149,924	(143,909)	(180,504)
Financing Activities:
Repayment of Borrowings Under Line of Credit, Net	(27,000)	27,000
Proceeds of Unsecured Term Loan Borrowing	156,100	300,000	100,000
Repayment of Borrowings Under Unsecured Term Loan Borrowing	(39,480)
Principal Repayment of Mortgages and Notes Payable	(210,379)	(184,356)	(61,348)
Proceeds from Mortgages and Notes Payable		87,750	101,000
Cash Paid for Deferred Financing Costs	(2,467)	(2,362)	(4,450)
Cash Paid for Debt Extinguishment	(1,024)
Proceeds from Issuance of Preferred Shares, Net	282,686
Redemption of Series B Preferred Shares	(115,000)
Repurchase of Common Shares	(52,055)	(128,239)	(15,418)
Redemption of Common Partnership Units			(338)
Settlement of Interest Rate Cap		(450)	(8)
Exercise of Option to Acquire Noncontrolling Interest	(2,318)
Dividends Paid on Common Shares	(48,523)	(54,041)	(50,286)
Dividends Paid on Preferred Shares	(16,116)	(14,356)	(14,356)
Distributions Paid on Common Units and LTIP Units	(3,217)	(2,574)	(1,724)
Net Cash (Used in) Provided by Financing Activities	(78,793)	28,372	53,072
Net Increase in Cash and Cash Equivalents	157,689	6,280	(14,538)
Cash and Cash Equivalents - Beginning of Period	27,955	21,675	36,213
Cash and Cash Equivalents - End of Period	$ 185,644	$ 27,955	$ 21,675