XML 48 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurements and Interest Rate Derivatives - Interest Rate Derivatives (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2017
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Interest Rate Derivatives            
Fair value of interest rate derivatives   $ 1,463,000   $ 1,463,000   $ 1,749,000
Fair values of derivative assets   1,463,000   1,463,000   $ 1,749,000
Payment for interest rate derivative       19,000    
Noncash interest on derivatives   $ (44,000) $ (1,374,000) $ 305,000 $ 7,810,000  
Hilton San Diego Bayfront mortgage payable            
Interest Rate Derivatives            
Interest rate, description of reference rate       one-month LIBOR   one-month LIBOR
Interest rate added to base rate (as a percent)       2.25%   2.25%
$85.0 million term loan            
Interest Rate Derivatives            
Term loan total interest rate, including effect of swap agreement   3.391%   3.391%   3.391%
$100.0 million term loan            
Interest Rate Derivatives            
Term loan total interest rate, including effect of swap agreement   3.653%   3.653%   3.653%
Interest Rate Cap | Not designated as hedging instrument | Hilton San Diego Bayfront mortgage payable            
Interest Rate Derivatives            
Strike rate under interest rate cap agreement   4.25%   4.25%   4.25%
Interest rate, description of reference rate       1-Month LIBOR   1-Month LIBOR
Effective date       Apr. 15, 2015   Apr. 15, 2015
Maturity Date       May 01, 2017   May 01, 2017
Hilton San Diego Bayfront new interest rate cap | Not designated as hedging instrument | Hilton San Diego Bayfront mortgage payable            
Interest Rate Derivatives            
Strike rate under interest rate cap agreement   4.25%   4.25%    
Interest rate, description of reference rate       1-Month LIBOR    
Effective date       May 01, 2017    
Maturity Date       May 01, 2019    
Notional amount   $ 110,096,000   $ 110,096,000    
Payment for interest rate derivative $ 19,000          
Interest Rate Swap | $85.0 million term loan            
Interest Rate Derivatives            
Fixed rate under interest rate swap agreement   1.591%   1.591%   1.591%
Interest Rate Swap | $100.0 million term loan            
Interest Rate Derivatives            
Fixed rate under interest rate swap agreement   1.853%   1.853%   1.853%
Interest Rate Swap | Not designated as hedging instrument | $85.0 million term loan            
Interest Rate Derivatives            
Term loan total interest rate, including effect of swap agreement   3.391%   3.391%   3.391%
Interest rate, description of reference rate       1-Month LIBOR   1-Month LIBOR
Effective date       Oct. 29, 2015   Oct. 29, 2015
Maturity Date       Sep. 02, 2022   Sep. 02, 2022
Notional amount   $ 85,000,000   $ 85,000,000    
Fair value of interest rate derivatives   $ 1,165,000   $ 1,165,000   $ 1,336,000
Fixed rate under interest rate swap agreement   1.591%   1.591%   1.591%
Interest Rate Swap | Not designated as hedging instrument | $100.0 million term loan            
Interest Rate Derivatives            
Term loan total interest rate, including effect of swap agreement   3.653%   3.653%   3.653%
Interest rate, description of reference rate       1-Month LIBOR   1-Month LIBOR
Effective date       Jan. 29, 2016   Jan. 29, 2016
Maturity Date       Jan. 31, 2023   Jan. 31, 2023
Notional amount   $ 100,000,000   $ 100,000,000    
Fair value of interest rate derivatives   $ 298,000   $ 298,000   $ 413,000
Fixed rate under interest rate swap agreement   1.853%   1.853%   1.853%