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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets:    
Investment in Hotel Properties, Net of Accumulated Depreciation $ 2,051,750 $ 1,767,570
Investment in Unconsolidated Joint Ventures 3,567 11,441
Cash and Cash Equivalents 59,600 185,644
Escrow Deposits 7,218 8,993
Hotel Accounts Receivable, Net of Allowance for Doubtful Accounts of $43 and $91 12,374 8,769
Due from Related Parties 6,330 18,332
Intangible Assets, Net of Accumulated Amortization of $5,488 and $4,532 17,105 16,944
Other Assets 38,224 39,370
Hotel Assets Held for Sale   98,473
Total Assets 2,196,168 2,155,536
Liabilities and Equity:    
Unsecured Term Loans, Net of Unamortized Deferred Financing Costs (Note 5) 707,740 663,500
Unsecured Notes Payable, Net of Unamortized Deferred Financing Costs (Note 5) 50,604 50,578
Mortgages Payable, Net of Unamortized Premium and Unamortized Deferred Financing Costs 311,850 337,821
Accounts Payable, Accrued Expenses and Other Liabilities 71,108 65,106
Dividends and Distributions Payable 17,590 26,050
Due to Related Parties 0  
Liabilities Related To Hotel Assets Held for Sale   51,428
Deferred Gain on Disposition of Hotel Assets 81,269 81,314
Total Liabilities 1,240,161 1,275,797
Shareholders' Equity:    
Preferred Shares: $.01 Par Value, 29,000,000 Shares Authorized, 3,000,000 Series C, 7,700,000 Series D and 4,000,000 Series E Shares Issued and Outstanding at June 30, 2017 and December 31, 2016 , with Liquidation Preferences of $25 Per Share (Note 1) 147 147
Accumulated Other Comprehensive Income 209 1,373
Additional Paid-in Capital 1,198,941 1,198,311
Distributions in Excess of Net Income (295,523) (364,831)
Total Shareholders' Equity 904,192 835,418
Noncontrolling Interests (Note 1):    
Total Noncontrolling Interests 51,815 44,321
Total Equity 956,007 879,739
Total Liabilities and Equity 2,196,168 2,155,536
Class A Common Shares [Member]    
Shareholders' Equity:    
Common Shares 418 418
Class B Common Shares [Member]    
Shareholders' Equity:    
Common Shares