Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Operating Activities:
Net Income	$ 114,006	$ 114,745
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Gain on Disposition of Hotel Properties, Net	(89,544)	(94,839)
Gain from Remeasurement of Investment in Unconsolidated Joint Ventures	(16,239)
Lease Buyout	(294)
Property Losses in Excess of Insurance Recoveries	3,812
Deferred Taxes	1,580	(4,513)
Depreciation	59,953	56,808
Amortization	2,592	1,204
Loss on Debt Extinguishment	586	1,076
Equity in Loss (Income) of Unconsolidated Joint Ventures	2,636	2,410
Distributions from Unconsolidated Joint Ventures	400	1,237
Loss Recognized on Change in Fair Value of Derivative Instrument	33	47
Share Based Compensation Expense	5,468	5,793
(Increase) Decrease in:
Hotel Accounts Receivable	(1,480)	1,018
Escrows	525	2,608
Other Assets	1,577	4,333
Due from Related Parties	13,624	(5,797)
(Decrease) Increase in:
Due to Related Parties		(8,789)
Accounts Payable, Accrued Expenses and Other Liabilities	(8,711)	904
Net Cash Provided by Operating Activities	90,524	78,245
Investing Activities:
Purchase of Hotel Property Assets	(249,291)	(238,848)
Deposits on Hotel Acquisitions		(4,000)
Capital Expenditures	(32,982)	(26,866)
Cash Paid for Hotel Development Projects	(1,500)
Proceeds from Disposition of Hotel Properties	188,612	21,093
Net Changes in Capital Expenditure Escrows	(36)	2,559
Proceeds from the Sale of Joint Venture Interests	11,623
Proceeds from Contribution of Hotel Property Assets to Unconsolidated Joint Venture		429,250
Repayments of Notes Receivable	2,000
Distributions from Unconsolidated Joint Ventures		2,184
Net Cash (Used in) Provided by Investing Activities	(81,574)	185,372
Financing Activities:
Repayment of Borrowings Under Line of Credit, Net		(27,000)
Proceeds of Unsecured Term Loan Borrowing	58,380	102,000
Repayment of Borrowings Under Unsecured Term Loan Borrowing		(39,480)
Principal Repayment of Mortgages and Notes Payable	(122,312)	(156,921)
Cash Paid for Deferred Financing Costs	(3,344)	(1,828)
Cash Paid for Debt Extinguishment	(370)	(1,026)
Proceeds from Issuance of Preferred Shares, Net		185,999
Redemption of Series B Preferred Shares		(115,000)
Repurchase of Common Shares	(4,749)	(49,051)
Exercise of Option to Acquire Noncontrolling Interest		(2,318)
Dividends Paid on Common Shares	(43,401)	(36,803)
Dividends Paid on Preferred Shares	(17,729)	(11,699)
Distributions Paid on Common Units and LTIP Units	(3,279)	(2,485)
Other Financing Activities	(261)
Net Cash Used in Financing Activities	(137,065)	(155,612)
Net (Decrease) Increase in Cash and Cash Equivalents	(128,115)	108,005
Cash and Cash Equivalents - Beginning of Period	185,644	27,955
Cash and Cash Equivalents - End of Period	$ 57,529	$ 135,960