CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
REVENUES
Room	$ 214,940	$ 168,260	$ 383,067	$ 300,883
Food and beverage	68,733	52,842	128,644	102,470
Other operating	17,179	13,536	32,624	26,206
Total revenues	300,852	234,638	544,335	429,559
OPERATING EXPENSES
Room	53,418	40,537	102,337	77,991
Food and beverage	45,109	35,058	88,017	70,154
Other operating	5,006	3,887	10,001	8,129
Advertising and promotion	13,655	11,240	26,626	22,505
Repairs and maintenance	10,706	8,275	21,587	16,649
Utilities	7,788	6,129	16,077	12,312
Franchise costs	10,261	8,771	18,338	15,249
Property tax, ground lease and insurance	21,413	19,297	40,465	37,765
Property general and administrative	31,963	25,288	60,885	48,894
Corporate overhead	7,674	7,359	14,233	13,530
Depreciation and amortization	37,973	32,175	75,588	66,191
Total operating expenses	244,966	198,016	474,154	389,369
Operating income	55,886	36,622	70,181	40,190
Interest and other income	891	788	1,607	1,351
Interest expense	(18,331)	(17,272)	(36,614)	(34,686)
Loss on extinguishment of debt				(44)
Income before income taxes and discontinued operations	38,446	20,138	35,174	6,811
Income tax provision	(110)	(129)	(334)	(6,286)
Income from continuing operations	38,336	20,009	34,840	525
Income from discontinued operations	5,199		5,199	48,410
NET INCOME	43,535	20,009	40,039	48,935
Income from consolidated joint venture attributable to non-controlling interest	(1,659)	(1,226)	(3,885)	(1,523)
Distributions to non-controlling interest	(8)	(8)	(16)	(16)
Dividends paid on unvested restricted stock compensation	(97)		(197)
Preferred stock dividends and redemption charges	(2,300)	(3,510)	(4,600)	(14,413)
Undistributed income allocated to unvested restricted stock compensation	(206)	(126)	(87)	(264)
Income available to common stockholders	39,265	15,139	31,254	32,719
COMPREHENSIVE INCOME AVAILABLE TO COMMON STOCKHOLDERS	$ 39,265	$ 15,139	$ 31,254	$ 32,719
Basic and diluted per share amounts:
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share)	$ 0.19	$ 0.09	$ 0.14	$ (0.10)
Income from discontinued operations (in dollars per share)	$ 0.03		$ 0.03	$ 0.31
Basic and diluted income available to common stockholders per common share (in dollars per share)	$ 0.22	$ 0.09	$ 0.17	$ 0.21
Basic and diluted weighted average common shares outstanding (in shares)	182,604	160,843	181,836	155,987
Dividend declared per common share	$ 0.05		$ 0.10