XML 59 R48.htm IDEA: XBRL DOCUMENT v3.21.2
DEBT (Unsecured Notes Payable) (Details) - Junior Subordinated Debt
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
USD ($)
loan
Sep. 30, 2020
loan
Sep. 30, 2021
USD ($)
loan
Sep. 30, 2020
loan
Hersha Statutory Trust I and Hersha Statutory Trust II        
Subordinated Notes Payable        
Number of debt instruments | loan 2 2 2 2
Subordinated notes payable $ 51,548   $ 51,548  
Number of business days prior to quarterly interest payments for resetting rates     2 days  
Debt instrument, interest rate during period (in hundredths) 3.15% 3.42% 3.18% 4.11%
Hersha Statutory Trust I        
Subordinated Notes Payable        
Subordinated notes payable $ 25,774   $ 25,774  
Basis spread on variable rate (percentage)     3.00%  
Hersha Statutory Trust II        
Subordinated Notes Payable        
Subordinated notes payable $ 25,774   $ 25,774  
Basis spread on variable rate (percentage)     3.00%