CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 87,939,000	$ 70,001,000	$ 49,557,000
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense	368,000	294,000	410,000
Gain on sale of assets, net	(5,292,000)	(51,632,000)	(38,274,000)
Loss on extinguishment of debt	4,638,000	3,159,000	191,000
(Gain) loss on derivatives, net	(529,000)	(525,000)	406,000
Depreciation	152,581,000	131,793,000	128,206,000
Amortization of franchise fees and other intangibles	7,543,000	10,115,000	20,198,000
Amortization and write-off of deferred financing fees	2,777,000	2,957,000	3,952,000
Amortization of loan discounts		3,000	1,058,000
Amortization of deferred stock compensation	6,221,000	4,858,000	3,466,000
Changes in operating assets and liabilities:
Restricted cash	11,543,000	(11,688,000)	(249,000)
Accounts receivable	(1,532,000)	1,740,000	4,587,000
Inventories	100,000	1,524,000	(271,000)
Prepaid expenses and other assets	3,121,000	2,724,000	(7,906,000)
Accounts payable and other liabilities	7,273,000	7,001,000	2,279,000
Accrued payroll and employee benefits	1,844,000	(1,637,000)	2,983,000
Discontinued operations		432,000	903,000
Net cash provided by operating activities	278,595,000	171,119,000	171,496,000
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of hotel properties and other assets	110,000	195,628,000	46,367,000
Restricted cash - replacement reserve	(4,311,000)	1,272,000	(10,743,000)
Acquisitions of hotel properties and other assets	(276,558,000)	(450,544,000)	(120,003,000)
Renovations and additions to hotel properties and other assets	(125,975,000)	(117,694,000)	(109,321,000)
Payment for interest rate derivative		(12,000)
Net cash used in investing activities	(406,734,000)	(371,350,000)	(193,700,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Redemptions of preferred stock		(276,250,000)
Proceeds from common stock offerings	284,390,000	566,451,000	126,533,000
Payment of common stock offering costs	(1,000,000)	(691,000)	(451,000)
Proceeds from notes payable and credit facility	178,250,000	35,750,000	15,000,000
Payments on notes payable and credit facility	(153,033,000)	(141,527,000)	(73,328,000)
Payments for costs related to extinguishment of notes payable	(4,051,000)	(3,108,000)	(70,000)
Payments of deferred financing costs	(2,346,000)	(243,000)	(1,332,000)
Dividends paid	(47,850,000)	(27,524,000)	(29,748,000)
Distributions to non-controlling interests	(8,488,000)	(5,481,000)	(6,381,000)
Net cash provided by financing activities	245,872,000	147,377,000	30,223,000
Net increase (decrease) in cash and cash equivalents	117,733,000	(52,854,000)	8,019,000
Cash and cash equivalents, beginning of year	104,363,000	157,217,000	149,198,000
Cash and cash equivalents, end of year	222,096,000	104,363,000	157,217,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest	69,511,000	71,563,000	78,234,000
Cash paid for income taxes, net of refunds received	273,000	7,143,000	1,023,000
NONCASH INVESTING ACTIVITY
Accounts payable related to renovations and additions to hotel properties and other real estate	8,670,000	7,842,000	5,897,000
Amortization of deferred stock compensation - construction activities	474,000	393,000	302,000
NONCASH FINANCING ACTIVITY
Issuance of common stock in connection with acquisitions of hotel properties	60,000,000		51,160,000
Assignment of debt in connection with dispositions of hotel properties			(122,622,000)
Assumption of debt in connection with acquisition of hotel property		119,190,000
Dividends payable	76,694,000	11,443,000	7,437,000
Acquisitions 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	3,500,000
Acquisitions 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net income		2,800,000
Acquisitions 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net income			(1,100,000)
Marriott Wailea | Acquisitions 2014
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of franchise fees and other intangibles	$ 533,000