CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2011		Dec. 31, 2010		Dec. 31, 2009
Revenue:
Hotel Operating Revenues	$ 282,684		$ 237,176		$ 177,668
Interest Income from Development Loans	3,427		4,686		7,411
Other Revenues	333		325		1,427
Total Revenues	286,444		242,187		186,506
Operating Expenses:
Hotel Operating Expenses	153,427		130,823		101,310
Hotel Ground Rent	877		941		733
Real Estate and Personal Property Taxes and Property Insurance	19,286		17,151		12,291
General and Administrative	10,950		10,230		5,921
Stock Based Compensation	7,590		6,649		2,143
Acquisition and Terminated Transaction Costs	2,742		4,802		352
Loss from Impairment of Assets	0		960		33,255
Depreciation and Amortization	50,718		44,223		35,942
Total Operating Expenses	245,590		215,779		191,947
Operating Income (Loss)	40,854		26,408		(5,441)
Interest Income	457		168		207
Interest Expense	41,702		40,718		40,441
Other Expense	973		463		164
Loss on Debt Extinguishment	123		878		0
Loss before Income (Loss) from Unconsolidated Joint Venture Investments and Discontinued Operations	(1,487)		(15,483)		(45,839)
Income (Loss) from Unconsolidated Joint Ventures	210		(1,751)		(2,649)
Impairment of Investment in Unconsolidated Joint Venture	(1,677)		0		(4,541)
Gain from Remeasurement of Investment in Unconsolidated Joint Venture	2,757		4,008		0
Income (Loss) from Unconsolidated Joint Venture Investments	1,290		2,257		(7,190)
Loss from Continuing Operations	(197)	[1]	(13,226)	[1]	(53,029)	[1]
Discontinued Operations (Note 12):
Gain on Disposition of Hotel Properties	991		347		1,869
Impairment of Discontinued Assets	(30,248)		(1,473)		(5,856)
Income (Loss) from Discontinued Operations	2,486		(2,850)		(1,442)
Loss from Discontinued Operations	(26,771)	[1]	(3,976)	[1]	(5,429)	[1]
Net Loss	(26,968)		(17,202)		(58,458)
Loss Allocated to Noncontrolling Interests	1,734		845		8,597
Preferred Distributions	(10,499)	[1]	(4,800)	[1]	(4,800)	[1]
Net (Loss) applicable to Common Shareholders	$ (35,733)		$ (21,157)		$ (54,661)
Income (Loss) from Continuing Operations applicable to Common Shareholders (in dollars per share)	$ (0.06)		$ (0.13)		$ (0.99)
(Loss) Income from Discontinued Operations applicable to Common Shareholders (in dollars per share)	$ (0.15)		$ (0.03)		$ (0.09)
Net Loss applicable to Common Shareholders (in dollars per share)	$ (0.21)		$ (0.16)		$ (1.08)
Income (Loss) from Continuing Operations applicable to Common Shareholders (in dollars per share)	$ (0.06)		$ (0.13)		$ (0.99)
(Loss) Income from Discontinued Operations applicable to Common Shareholders (in dollars per share)	$ (0.15)		$ (0.03)		$ (0.09)
Basic (in shares)	168,753,382		134,370,172		51,027,742
Diluted (in shares)	168,753,382		134,370,172		51,027,742

[1] Income (loss) allocated to noncontrolling interest in Hersha Hospitality Limited Partnership has been excluded from the numerator and units of limited partnership interest in Hersha Hospitality Limited Partnership have been omitted from the denominator for the purpose of computing diluted earnings per share since the effect of including these amounts in the numerator and denominator would have no impact. Unvested stock awards, contingently issuable share awards and options to acquire our common shares have been omitted from the denominator for the purpose of computing diluted earnings per share for the twelve months ended December 31, 2011, 2010, and 2009, since the effect of including these awards in the denominator would be anti-dilutive to loss from continuing operations applicable to common shareholders.