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Stockholders' Equity (Details) (USD $)
9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 1 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Jun. 30, 2012
Hyatt Chicago Magnificent Mile
Feb. 28, 2013
Boston Park Plaza
Sep. 30, 2013
Boston Park Plaza
Sep. 30, 2013
Hilton New Orleans St. Charles
Mar. 31, 2013
Series A Cumulative Redeemable Preferred Stock
Sep. 30, 2013
Series A Cumulative Redeemable Preferred Stock
Dec. 31, 2012
Series A Cumulative Redeemable Preferred Stock
Sep. 30, 2013
Series D Cumulative Redeemable Preferred Stock
item
Dec. 31, 2012
Series D Cumulative Redeemable Preferred Stock
Sep. 30, 2013
Series D Cumulative Redeemable Preferred Stock
Maximum
Sep. 30, 2013
Series D Cumulative Redeemable Preferred Stock
Minimum
Q
Feb. 28, 2013
Common Stock
Jun. 30, 2012
Common Stock
Stockholders' equity                              
Number of shares redeemed             7,050,000 7,050,000              
Number of shares of stock issued               0 7,050,000 4,600,000 4,600,000        
Dividend rate (as a percent)                 8.00% 8.00% 8.00%        
Amount paid to redeem Series A preferred stock             $ 178,600,000                
Accrued dividends paid on redemption             2,300,000                
Additional redemption charges             4,600,000                
Preferred stock, outstanding shares             0 0 7,050,000 4,600,000 4,600,000        
Liquidation preference (in dollars per share)                 $ 25.00 $ 25.00 $ 25.00        
Future redemption price (in dollars per share)                   $ 25.00          
Number of days after first date of change of control within which the entity may redeem the preferred stock                       120 days      
Number of quarters preferred stock dividends must be in arrears before preferred stockholders have certain voting rights                         6    
Number of additional directors preferred stockholders will be entitled to vote for if dividends are in arrears for six or more quarterly periods                   2          
Number of common shares which preferred stockholders may convert their shares into upon a change of control                       22,571,280      
Number of shares issued     5,454,164                        
Underwriting and other costs of the offering 376,000 431,000 100,000                        
Net proceeds from issuance of common stock 294,875,000                         294,900,000 126,200,000
Proceeds from stock issuance used to redeem Series A preferred stock and Series C preferred stock 279,700,000                            
Proceeds from stock issued used towards payment of acquisition       $ 36,500,000 $ 8,900,000 $ 6,300,000                  
Issuance of common stock, net (in shares)                           25,300,000 12,143,273
Number of shares of the underwriters' over-allotment issued                           3,300,000