XML 61 R51.htm IDEA: XBRL DOCUMENT v3.22.2.2
DEBT (Statutory Trust I and Statutory Trust II Notes Payable) (Details) - Junior Subordinated Debt
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
loan
Sep. 30, 2021
Sep. 30, 2022
USD ($)
loan
Sep. 30, 2021
Hersha Statutory Trust I and Hersha Statutory Trust II        
Debt Instrument        
Number of instruments held | loan 2   2  
Subordinated debt $ 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) 5.25% 4.16% 3.15% 3.18%
Hersha Statutory Trust I        
Debt Instrument        
Subordinated debt $ 25,774   $ 25,774  
Debt instrument, basis spread on variable rate     3.00%  
Hersha Statutory Trust II        
Debt Instrument        
Subordinated debt $ 25,774   $ 25,774  
Debt instrument, basis spread on variable rate     3.00%