XML 57 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt (Subordinated Notes Payable Narrative) (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
loan
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
loan
Sep. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Subordinated Notes Payable [Abstract]          
Net Unamortized Deferred Financing Costs $ 2,483   $ 2,483   $ 1,383
Junior Subordinated Debt [Member] | Hersha Statutory Trust I and Hersha Statutory Trust II [Member]          
Subordinated Notes Payable [Abstract]          
Number of debt instruments | loan 2   2    
Subordinated notes payable $ 51,548   $ 51,548    
Maturity date     Jul. 30, 2035    
Number of business days prior to quarterly interest payments for resetting rates     2 days    
Net Unamortized Deferred Financing Costs $ 931   $ 931   $ 970
Debt instrument, interest rate during period (in hundredths) 4.36% 3.80% 4.17% 3.69%  
Interest expense $ 562 $ 490 $ 1,614 $ 1,427  
Junior Subordinated Debt [Member] | Hersha Statutory Trust I [Member]          
Subordinated Notes Payable [Abstract]          
Subordinated notes payable 25,774   $ 25,774    
Debt instrument, description of variable rate basis     LIBOR    
Debt instrument, basis spread on variable rate (in hundredths)     3.00%    
Junior Subordinated Debt [Member] | Hersha Statutory Trust II [Member]          
Subordinated Notes Payable [Abstract]          
Subordinated notes payable $ 25,774   $ 25,774    
Debt instrument, description of variable rate basis     LIBOR    
Debt instrument, basis spread on variable rate (in hundredths)     3.00%