Debt (Tables)

6 Months Ended

Jun. 30, 2017

Debt [Abstract]

Schedule Of Mortgages Payable

		June 30, 2017		December 31, 2016
Mortgage Indebtedness	$	312,588	$	338,529
Net Unamortized Premium		2,056		2,313
Net Unamortized Deferred Financing Costs		(2,794)		(3,021)
Mortgages Payable	$	311,850	$	337,821
Liabilities Related to Hotel Assets Held for Sale	$	-	$	51,428

Summary Of Borrowing Base Assets

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

Summary Of The Balances Outstanding And Interest Rate Spread

			Outstanding Balance
Borrowing	Spread		June 30, 2017		December 31, 2016
Line of Credit	1.70% to 2.45%	$	-	$	-
First Term Loan	1.60% to 2.35%		210,520		210,520
Second Term Loan	1.50% to 2.25%		300,000		300,000
Third Term Loan	1.45% to 2.20%		200,000		156,100