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Debt - Additional Information (Detail)
12 Months Ended
Dec. 15, 2016
shares
Dec. 31, 2016
USD ($)
property
extension
$ / shares
Dec. 31, 2015
USD ($)
$ / shares
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
unit
$ / shares
$ / Unit
Dec. 30, 2016
USD ($)
Nov. 27, 2013
Feb. 26, 2013
Line of Credit Facility [Line Items]                
Extinguishment of debt, amount   $ 315,229,000 $ 58,220,000 $ 225,481,000        
Accrued interest   1,585,000 3,267,000          
Loss on extinguishment of debt, net   $ 35,864,000 $ 0 0        
Common stock, par value | $ / shares   $ 1.00 $ 1.00          
Debt   $ 110,358,000 $ 381,515,000          
Deferred finance costs, net   1,633,000 8,267,000          
Amortization of deferred financing fees   3,598,000 4,002,000 $ 3,845,000        
Debt maturities, 2017   0            
Debt maturities, 2018   485,000            
Debt maturities, 2019   0            
Debt maturities, 2020   104,673,000            
Debt maturities, 2021   0            
Debt maturities, thereafter   5,200,000            
6% Tangible Equity Units                
Line of Credit Facility [Line Items]                
Interest rate percentage         6.00%   6.00%  
Principal amount of debt         $ 150,000,000      
Units issued | unit         6,000,000      
Exercise price of unit | $ / Unit         25.00      
Common stock, par value | $ / shares         $ 1.00      
Issuance of common stock (in shares) | shares 7,857,000              
Debt   0 $ 8,666,000          
Revolving Line of Credit | Sublimit For Letters Of Credit                
Line of Credit Facility [Line Items]                
Sublimit for letters of credit under line of credit facility   100,000,000            
Letter of Credit                
Line of Credit Facility [Line Items]                
Sublimit for letters of credit outstanding   14,850,000            
Senior Notes                
Line of Credit Facility [Line Items]                
Interest rate percentage       8.50%        
Percentage of principal amount redeemed     97.00%          
Principal amount of debt       $ 250,000,000        
Loss on extinguishment of debt, net   35,681,000            
Write off of deferred debt issuance cost   5,416,000 $ 506,000          
Tender offer advisory services   1,301,000            
Principal amount of notes     19,440,000          
Gain on early extinguishment of debt     (589,000)          
Debt   $ 5,200,000 224,647,000          
Senior Notes | 6% Tangible Equity Units                
Line of Credit Facility [Line Items]                
Interest rate percentage         4.50%      
Face amount per unit, debt | $ / Unit         4.2522      
Convertible Debt                
Line of Credit Facility [Line Items]                
Interest rate percentage   3.75%     3.75%     3.75%
Extinguishment of debt, amount   $ 5,000,000            
Extinguishment of debt, amount   $ 4,452,000            
Percentage of principal amount redeemed   93.25%            
Principal amount of debt         $ 125,000,000      
Loss on extinguishment of debt, net   $ 183,000            
Gain on early extinguishment of debt   110,000            
Maturity date         Mar. 01, 2020      
Initial conversion rate         40.8351      
Principal amount of initial conversion rate         $ 1,000      
Unamortized debt discount   13,809,000            
Repayments of long-term debt, including payments for repurchase of equity   4,663,000            
Carrying amount of equity component   211,000            
Debt   104,673,000 104,719,000          
Secured Promissory Notes                
Line of Credit Facility [Line Items]                
Debt   $ 0 15,400,000          
Senior Secured Credit Facility                
Line of Credit Facility [Line Items]                
Expiration date   May 15, 2017            
Number of extensions | extension   2            
Length of extensions   1 year            
Maximum borrowing capacity under term loan facility   $ 125,000,000       $ 300,000,000    
Amount drawn on   0            
Net unused borrowing capacity   $ 71,262,000            
Percentage of spread on federal funds effective rate   0.50%            
Minimum net worth required for compliance   $ 426,312,000            
Minimum net worth required for compliance, computed as   $ 379,044,000            
Positive net income requirement for net worth compliance (as a percent)   85.00%            
Minimum net worth required for compliance (as a percentage)   75.00%            
Minimum effective leverage ratio exceeded (less than)   40.00%            
Stockholders distribution covenant, interest coverage ratio   3.0            
Minimum liquidity required (less than)   $ 125,000,000            
Payments of capital distribution   $ 50,000,000            
Percentage from sales of properties and non-core assets (up to)   65.00%            
Deferred finance costs, net   $ 314,000 $ 2,768,000          
Over-Allotment Option | 6% Tangible Equity Units                
Line of Credit Facility [Line Items]                
Units issued | unit         600,000      
London Interbank Offered Rate (LIBOR) | Senior Secured Credit Facility                
Line of Credit Facility [Line Items]                
Debt instrument, basis spread on variable rate   4.00%            
Base Rate | Senior Secured Credit Facility                
Line of Credit Facility [Line Items]                
Percentage of variable spread on base rate   3.00%            
Thirty Day LIBOR Rate | Senior Secured Credit Facility                
Line of Credit Facility [Line Items]                
Debt instrument, basis spread on variable rate   1.00%            
Radisson Hotel & Suites, Austin | Austin, Texas                
Line of Credit Facility [Line Items]                
Extinguishment of debt, amount   $ 15,400,000            
Purchase price of properties sold   130,000,000            
Radisson Hotel & Suites, Austin | Secured Promissory Notes | Austin, Texas                
Line of Credit Facility [Line Items]                
Debt   15,400,000            
Eleven | Multi Family Property | Austin, Texas                
Line of Credit Facility [Line Items]                
Extinguishment of debt, amount   23,936,000            
Purchase price of properties sold   $ 60,150,000            
Number of units of multifamily project | property   257            
Tender Offer | Senior Notes                
Line of Credit Facility [Line Items]                
Extinguishment of debt, amount   $ 215,495,000            
Redemption price, (as a percent)   97.60%            
Extinguishment of debt, amount   $ 245,604,000            
Unamortized premium   $ 29,091,000            
Percentage of principal amount redeemed   113.50%            
Accrued interest   $ 1,018,000            
Open Market Transaction | Senior Notes                
Line of Credit Facility [Line Items]                
Principal amount of debt   $ 9,750,000            
Minimum | Open Market Transaction | Senior Notes                
Line of Credit Facility [Line Items]                
Percentage of principal amount redeemed   99.00%            
Maximum | Open Market Transaction | Senior Notes                
Line of Credit Facility [Line Items]                
Percentage of principal amount redeemed   99.95%