XML 51 R39.htm IDEA: XBRL DOCUMENT v3.19.2
Investment In Unconsolidated Joint Ventures (Summary Financial Information Related To Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Assets          
Investment in Hotel Properties, Net $ 566,800   $ 566,800   $ 569,609
Other Assets 39,787   39,787   30,088
Total Assets 606,587   606,587   599,697
Liabilities and Equity          
Mortgages and Notes Payable 422,860   422,860   422,205
Other Liabilities 18,740   18,740   7,478
Equity:          
Hersha Hospitality Trust 9,068   9,068   15,554
Joint Venture Partner(s) 156,909   156,909   155,053
Accumulated Other Comprehensive Loss (990)   (990)   (593)
Total Equity 164,987   164,987   170,014
Total Liabilities and Equity 606,587   606,587   $ 599,697
Statement of Operations [Abstract]          
Room Revenue 26,995 $ 26,682 43,346 $ 43,414  
Other Revenue 622 505 1,243 964  
Operating Expenses (11,890) (11,572) (21,921) (21,728)  
Lease Expense (164) (164) (365) (329)  
Property Taxes and Insurance (3,051) (2,906) (6,103) (5,816)  
General and Administrative (1,505) (1,477) (2,711) (2,601)  
Depreciation and Amortization (3,694) (3,190) (7,354) (6,368)  
Interest Expense (7,196) (6,326) (14,343) (12,064)  
Loss on Debt Extinguishment 0 0 0 (7,284)  
Net Income (Loss) $ 117 $ 1,552 $ (8,208) $ (11,812)