XML 64 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Discontinued Operations (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 1 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Jan. 31, 2013
Preferred equity investment
Jun. 30, 2014
Preferred equity investment
Jun. 30, 2013
Preferred equity investment
Jun. 30, 2014
Preferred equity investment
Jun. 30, 2013
Preferred equity investment
Dec. 31, 2013
Preferred equity investment
May 31, 2014
Rochester Portfolio
Jan. 31, 2013
Rochester Portfolio
item
Jun. 30, 2014
Rochester Portfolio
Dec. 31, 2013
Rochester Portfolio
Jan. 31, 2013
Rochester Portfolio
Indemnification Agreement [Member]
Jun. 30, 2014
Rochester Portfolio
Indemnification Agreement [Member]
Jan. 31, 2013
Kahler Grand
item
Jan. 31, 2013
Commercial laundry facility
Jan. 31, 2013
Kahler Inn & Suites
item
Jan. 31, 2013
Marriott Rochester
item
Jan. 31, 2013
Residence Inn by Marriott Rochester
item
Jan. 31, 2013
Maximum
Rochester Portfolio
Discontinued Operations                                            
Number of hotels and/or other assets sold                       4                    
Number of rooms sold                       1,222         660   271 202 89  
Net proceeds received from sale of hotel properties and other assets                       $ 195,600,000                    
Cash proceeds held by accommodator                       145,700,000                    
Gain (loss) on sale 5,199,000 5,199,000 51,620,000               7,000,000 51,600,000                    
Preferred equity investment         25,000,000                                  
Dividend yield on preferred equity investment (as a percent)         11.00%                                  
Deferred gain on sale of asset 7,000,000 7,000,000   14,000,000 25,000,000             3,700,000 7,000,000                  
Dividends on the preferred equity investment           700,000 700,000 1,400,000 1,200,000                          
Working cash advance provided to buyer                       3,700,000                    
Carrying value of asset net of deferred gain           0   0   0     0 0                
Portfolio pension plan liability                         7,000,000 14,000,000               14,000,000
Reduction in pension plan liability                     7,000,000                      
Repayment of mortgage debt                                 26,700,000 400,000        
Loss on extinguishment of debt     44,000                           3,100,000          
Total cost to extinguish debt                                 29,800,000          
Settlement costs accrued during the period                             300,000 1,800,000            
Number of hotels for which potential future costs for certain capital expenditures exist                             1 1            
Estimated liability, minimum                               2,000,000            
Estimated liability, maximum                               3,000,000            
Balance of accrued settlement costs                               $ 2,100,000