CONSOLIDATED STATEMENTS OF EQUITY (USD $) In Thousands, except Share data, unless otherwise specified	Series D Cumulative Redeemable Preferred Stock Preferred Stock	Series D Cumulative Redeemable Preferred Stock Cumulative Dividends	Common Stock	Additional Paid In Capital	Retained Earnings	Cumulative Dividends	Non-Controlling Interest in Consolidated Joint Ventures	Total
Beginning Balance at Dec. 31, 2013	$ 115,000		$ 1,809	$ 2,068,721	$ 224,364	$ (511,444)	$ 53,949	$ 1,952,399
Beginning Balance (in shares) at Dec. 31, 2013	4,600,000		180,858,699
Increase (Decrease) in Stockholders' Equity
Net proceeds from sale of common stock			181	263,463				263,644
Net proceeds from sale of common stock (in shares)			18,099,460
Issuance of common stock in connection with hotel acquisition, net			40	59,894				59,934
Issuance of common stock in connection with hotel acquisition, net (in shares)			4,034,970
Vesting of restricted common stock			5	5,118				5,123
Vesting of restricted common stock (in shares)			520,346
Distributions to non-controlling interests							(5,730)	(5,730)
Common stock dividends and dividends payable at $0.15 per share year to date						(29,507)		(29,507)
Series D preferred dividends and dividends payable at $1.50 per share year to date		(6,900)						(6,900)
Net income					68,002		5,680	73,682
Ending Balance at Sep. 30, 2014	$ 115,000		$ 2,035	$ 2,397,196	$ 292,366	$ (547,851)	$ 53,899	$ 2,312,645
Ending Balance (in shares) at Sep. 30, 2014	4,600,000		203,513,475