Consolidated Balance Sheets (Unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Assets:
Investment in Hotel Properties, net of Accumulated Depreciation	$ 1,346,914	$ 1,245,851
Investment in Unconsolidated Joint Ventures	39,171	35,561
Development Loans Receivable	42,968	41,653
Cash and Cash Equivalents	67,280	65,596
Escrow Deposits	26,183	17,384
Hotel Accounts Receivable, net of allowance for doubtful accounts of $33 and $31	14,361	9,611
Deferred Financing Costs, net of Accumulated Amortization of $7,441 and $5,852	9,289	10,204
Due from Related Parties	7,625	5,069
Intangible Assets, net of Accumulated Amortization of $1,210 and $1,084	7,940	7,934
Other Assets	34,947	18,414
Hotel Assets Held for Sale	2,886	0
Total Assets	1,599,564	1,457,277
Liabilities and Equity:
Line of Credit	28,000	46,000
Mortgages and Notes Payable, net of unamortized discount of $879 and $983	719,637	648,720
Accounts Payable, Accrued Expenses and Other Liabilities	27,458	28,601
Dividends and Distributions Payable	12,702	9,805
Due to Related Parties	1,260	939
Total Liabilities	789,057	734,065
Redeemable Noncontrolling Interests - Common Units (Note 1)	17,068	19,894
Shareholders' Equity:
Accumulated Other Comprehensive Loss	(630)	(338)
Additional Paid-in Capital	1,036,850	918,215
Distributions in Excess of Net Income	(262,790)	(236,159)
Total Shareholders' Equity	775,199	683,434
Noncontrolling Interests (Note 1):
Noncontrolling Interests - Common Units	18,018	19,410
Noncontrolling Interests - Consolidated Joint Ventures	222	474
Total Noncontrolling Interests	18,240	19,884
Total Equity	793,439	703,318
Total Liabilities and Equity	1,599,564	1,457,277
Class A [Member]
Shareholders' Equity:
Preferred Shares	24	24
Common Shares	1,699	1,692
Class B [Member]
Shareholders' Equity:
Preferred Shares	46	0
Common Shares	$ 0	$ 0