Cash Flow Disclosures and Non-Cash Activities

6 Months Ended

Jun. 30, 2011

Cash Flow Disclosures and Non-Cash Activities [Abstract]

Cash Flow Disclosures and Non-Cash Activities

NOTE 11 – CASH FLOW DISCLOSURES AND NON-CASH ACTIVITIES

Interest paid during the six months ended June 30, 2011 and 2010 totaled $20,615 and $22,058, respectively.

The following non-cash activities occurred during the six months ended June 30, 2011 and 2010:

	Six Months Ended,
	June 30, 2011		June 30, 2010
Common Shares issued as part of the Dividend Reinvestment Plan	$	7	$	6
Issuance of Common Shares to the Board of Trustees	$	133	$	125
Acquisitions of hotel properties
Issuance of Common Units		-		6,256
Debt assumed, net of discount		32,500		11,937
Settlement of notes receivable and accrued interest receivable		-		1,408
Interests in unconsolidated joint ventures used as consideration		-		4,133
Settlement of development loans receivable principal and accrued interest revenue receivable		-		7,839
Development loan accrued interest revenue receivable paid in-kind by adding balance to development loan principal		1,315		1,235
Conversion of Common Units to Common Shares		478		8,424
Reallocation of noncontrolling interest		2,593		-