Consolidated Statements Of Operations - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenue:
Hotel Operating Revenues		$ 129,510	$ 120,515	$ 374,478	$ 354,991
Other Revenues		79	92	1,113	192
Total Revenues		129,589	120,607	375,591	355,183
Operating Expenses:
Hotel Operating Expenses		76,917	66,779	220,706	198,397
Hotel Ground Rent		892	891	2,593	2,676
Real Estate and Personal Property Taxes and Property Insurance		8,419	7,307	24,113	24,412
General and Administrative (including Share Based Payments of $1,512 and $1,514, and $5,468 and $5,793 for the three and nine months ended September 30, 2017 and 2016, respectively)		4,919	5,400	16,142	17,255
Acquisition and Terminated Transaction Costs		297	170	2,121	1,733
Depreciation and Amortization		21,658	18,704	61,234	57,259
Property Losses in Excess of Insurance Recoveries		3,812		3,812
Total Operating Expenses		116,914	99,251	330,721	301,732
Operating Income		12,675	21,356	44,870	53,451
Interest Income		40	95	237	219
Interest Expense		(11,141)	(10,425)	(31,580)	(33,927)
Other Expense		(118)	(125)	(796)	(864)
(Loss) Gain on Disposition of Hotel Properties		(39)	(437)	89,544	94,839
Lease Buyout		294		294
(Loss) Gain on Debt Extinguishment		(312)	15	(586)	(1,076)
Income Before Results from Unconsolidated Joint Venture Investments and Income Taxes		1,399	10,479	101,983	112,642
Income (Loss) from Unconsolidated Joint Ventures		539	(3,717)	(2,636)	(2,410)
Gain from Remeasurement of Investment in Unconsolidated Joint Venture				16,239
Income (Loss) from Unconsolidated Joint Venture Investments		539	(3,717)	13,603	(2,410)
Income Before Income Taxes		1,938	6,762	115,586	110,232
Income Tax Benefit (Expense)		1,325	1,443	(1,580)	4,513
Net Income		3,263	8,205	114,006	114,745
Loss (Income) Allocated to Noncontrolling Interests		90	(211)	(5,849)	(4,273)
Preferred Distributions		(6,040)	(4,417)	(18,124)	(12,006)
Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares					(4,021)
Net (Loss) Income Applicable to Common Shareholders		$ (2,687)	$ 3,577	$ 90,033	$ 94,445
BASIC
(Loss) Income from Continuing Operations Applicable to Common Shareholders		$ (0.07)	$ 0.08	$ 2.15	$ 2.17
DILUTED
(Loss) Income from Continuing Operations Applicable to Common Shareholders		$ (0.07)	$ 0.08	$ 2.13	$ 2.14
Weighted Average Common Shares Outstanding:
Basic		41,721,425	42,309,044	41,725,159	43,368,153
Diluted	[1]	41,721,425	42,745,864	42,225,238	43,869,293

[1] Income allocated to noncontrolling interest in Hersha Hospitality Limited Partnership (the "Operating Partnership" or "HHLP") has been excluded from the numerator and the Class A common shares issuable upon any redemption of the Operating Partnership's common units of limited partnership interest ("Common Units") and the Operating Partnership's vested LTIP units ("Vested LTIP Units") have been omitted from the denominator for the purpose of computing diluted earnings per share because the effect of including these shares and units in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income applicable to common shareholders.