XML 69 R58.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Reconciliation Of Earnings Per Share) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Basic and Diluted        
Net Income $ 3,263 $ 8,205 $ 114,006 $ 114,745
Income allocated to Noncontrolling Interests 90 (211) (5,849) (4,273)
Distributions to Preferred Shareholders (6,040) (4,417) (18,124) (12,006)
Dividends Paid on Unvested Restricted Shares and LTIP Units (90) (119) (286) (376)
Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares       (4,021)
Net Income (Loss) attributable to Common Shareholders $ (2,777) $ 3,458 $ 89,747 $ 94,069
DENOMINATOR:        
Weighted average number of common shares - basic (in shares) 41,721,425 42,309,044 41,725,159 43,368,153
Effect of dilutive securities [Abstract]        
Restricted Stock Awards and LTIP Units (unvested) (in shares)   241,771 195,645 227,572
Contingently Issued Shares and Units (in shares)   195,049 304,434 273,568
Weighted average number of common shares - diluted (in shares) [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.