CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
REVENUES
Room	$ 181,708	$ 147,405	$ 482,591	$ 415,329
Food and beverage	53,080	44,007	155,550	143,010
Other operating	15,582	13,629	41,788	37,778
Total revenues	250,370	205,041	679,929	596,117
OPERATING EXPENSES
Room	46,347	38,062	124,338	107,019
Food and beverage	37,913	32,888	108,067	99,770
Other operating	4,284	4,151	12,413	11,774
Advertising and promotion	12,261	10,280	34,766	30,374
Repairs and maintenance	9,394	7,721	26,043	22,797
Utilities	7,895	6,943	20,207	18,839
Franchise costs	8,770	7,957	24,019	21,421
Property tax, ground lease and insurance	20,435	17,405	58,200	50,243
Property general and administrative	27,067	22,891	75,961	68,412
Corporate overhead	6,586	6,114	20,116	18,887
Depreciation and amortization	35,050	34,381	101,241	96,568
Total operating expenses	216,002	188,793	605,371	546,104
Operating income	34,368	16,248	74,558	50,013
Interest and other income	727	18	2,078	155
Interest expense	(18,854)	(19,312)	(53,540)	(58,100)
Loss on extinguishment of debt			(44)	(191)
Income (loss) before income taxes and discontinued operations	16,241	(3,046)	23,052	(8,123)
Income tax provision	(424)		(6,710)
Income (loss) from continuing operations	15,817	(3,046)	16,342	(8,123)
Income from discontinued operations		42,602	48,410	46,566
NET INCOME	15,817	39,556	64,752	38,443
Income from consolidated joint venture attributable to non-controlling interest	(1,768)	(827)	(3,291)	(1,694)
Distributions to non-controlling interest	(8)	(8)	(24)	(24)
Dividends paid on unvested restricted stock compensation	(101)		(101)
Preferred stock dividends and redemption charges	(2,300)	(7,437)	(16,713)	(22,311)
Undistributed income allocated to unvested restricted stock compensation	(30)	(352)	(295)	(162)
INCOME AVAILABLE TO COMMON STOCKHOLDERS	11,610	30,932	44,328	14,252
COMPREHENSIVE INCOME	$ 11,610	$ 39,615	$ 44,328	$ 38,619
Basic and diluted per share amounts:
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	$ 0.07	$ (0.09)	$ (0.02)	$ (0.26)
Income from discontinued operations (in dollars per share)		$ 0.32	$ 0.30	$ 0.37
Basic and diluted income available to common stockholders per common share (in dollars per share)	$ 0.07	$ 0.23	$ 0.28	$ 0.11
Basic and diluted weighted average common shares outstanding (in shares)	160,856	135,236	157,628	124,271
Dividends declared per common share (in dollars per share)	$ 0.05		$ 0.05