XML 91 R78.htm IDEA: XBRL DOCUMENT v3.22.4
SHAREHOLDERS’ EQUITY, NONCONTROLLING INTERESTS IN PARTNERSHIP, AND REDEEMABLE NON-CONTROLLING INTERESTS (Narrative) (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Noncontrolling Interest      
Aggregate amount authorized to be repurchased     $ 50,000,000
Repurchase of common shares (in shares)     933,436
Repurchase of common shares     $ 14,194,000
Joint Venture Partners $ 73,461,000 $ 51,246,000  
Total number of Common Units outstanding (in shares) 1,755,193 1,835,820 2,066,615
Share conversion rate (share) 1    
Common units converted to Class A Common Shares (in shares) 80,627 241,545 0
LTIP unit issuance (in shares) 194,427    
LTIP units $ 100,000    
Net loss attributable to nonredeemable noncontrolling interest 0 $ 158,000 $ 21,000
Additional Paid-in Capital 1,157,057,000 1,155,034,000  
Put option redemption value 5,076,000 2,310,000  
Adjustment      
Noncontrolling Interest      
Joint Venture Partners 2,766,000 (2,310,000)  
Additional Paid-in Capital $ (2,766,000) $ 2,310,000  
Senior Common Equity Interest      
Noncontrolling Interest      
Common equity interest, return 12.00%    
Consolidated Joint Ventures      
Noncontrolling Interest      
Noncontrolling owners ownership percentage 15.00%    
Cumulative return on common equity interest 30.00%    
Consolidated Joint Ventures | Senior Common Equity Interest      
Noncontrolling Interest      
Cumulative return on common equity interest 25.00%    
Consolidated Joint Ventures | Junior Common Equity Interest      
Noncontrolling Interest      
Common equity interest, return 8.00%    
Hersha Holding RC Owner, LLC      
Noncontrolling Interest      
Cumulative return on common equity interest 70.00%    
Hersha Holding RC Owner, LLC | Senior Common Equity Interest      
Noncontrolling Interest      
Common equity interest, return 8.00%    
Cumulative return on common equity interest 75.00%    
Noncontrolling Interests Common Units And LTIP Units      
Noncontrolling Interest      
Nonredeemable common units outstanding (in shares) 6,940,053    
Fair market value of nonredeemable common units $ 59,129,000