OTHER ASSETS AND DEPOSITS ON HOTEL ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2011

OTHER ASSETS AND DEPOSITS ON HOTEL ACQUISITIONS [Abstract]

Other assets

Other Assets consisted of the following at December 31, 2011 and 2010:

	December 31, 2011		December 31, 2010
Transaction Costs	$	1,703	$	340
Investment in Statutory Trusts		1,548		1,548
Prepaid Expenses		7,683		6,986
Interest Receivable from Development Loans to Non-Related Parties		1,238		1,767
Hotel Purchase Option		933		933
Other		2,546		1,340
	$	15,651	$	12,914