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EARNINGS PER SHARE (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Basic and Diluted        
Net Loss $ (15,932) $ (48,173) $ (30,365) $ (145,925)
Loss allocated to Noncontrolling Interests 2,177 5,032 2,990 18,289
Distributions to Preferred Shareholders (6,044) (6,044) (18,131) (18,132)
Net loss applicable to Common Shareholders $ (19,799) $ (49,185) $ (45,506) $ (145,768)
DENOMINATOR:        
Weighted average number of common shares - basic (in shares) 39,139,610 38,639,048 39,070,059 38,604,483
Effect of dilutive securities:        
Restricted stock awards and LTIP units (unvested) (in shares) 0 0 0 0
Contingently issued shares and units (in shares) 0 0 0 0
Weighted average number of common shares - diluted (in shares) [1] 39,139,610 38,639,048 39,070,059 38,604,483
[1] Income (Loss) 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 (loss) applicable to common shareholders.