Investment in Hotel Properties, net (Investment in Hotel Properties, net) (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Land	$ 359,848	$ 410,148
Buildings and improvements	2,122,440	2,071,811
Furniture, fixtures, and equipment	202,256	166,193
Construction in progress	18,187	11,956
Condominium properties	12,241	12,442
Total cost	2,714,972	2,672,550
Accumulated depreciation	(571,330)	(508,161)
Investments in hotel properties, net	$ 2,143,642	$ 2,164,389