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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 07, 2012
Dec. 31, 2011
ASSETS    
Property and equipment, at cost $ 3,089,494 $ 2,667,682
Less: accumulated depreciation (482,641) (433,178)
Property and equipment, net 2,606,853 2,234,504
Assets held for sale 41,819 263,399
Deferred financing costs, net 8,261 5,869
Restricted cash 60,263 53,871
Due from hotel managers 70,569 50,728
Note receivable 54,237 54,788
Favorable lease assets, net 40,746 43,285
Prepaid and other assets 68,890 65,900
Cash and cash equivalents 21,604 26,291
Total assets 2,973,242 2,798,635
Liabilities:    
Mortgage debt 898,471 762,933
Mortgage debt of assets held for sale 0 180,000
Senior unsecured credit facility 120,000 100,000
Total debt 1,018,471 1,042,933
Deferred income related to key money, net 24,414 24,593
Unfavorable contract liabilities, net 80,619 81,914
Due to hotel managers 49,115 41,676
Liabilities of assets held for sale 1,735 3,805
Dividends declared and unpaid 15,871 13,594
Accounts payable and accrued expenses 81,615 87,963
Total other liabilities 253,369 253,545
Stockholders' Equity:    
Preferred stock, $.01 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $.01 par value; 400,000,000 shares authorized; 195,141,934 and 167,502,359 shares issued and outstanding at September 7, 2012 and December 31, 2011, respectively 1,951 1,675
Additional paid-in capital 1,983,404 1,708,427
Accumulated deficit (283,953) (207,945)
Total stockholders' equity 1,701,402 1,502,157
Total liabilities and stockholders' equity $ 2,973,242 $ 2,798,635