XML 37 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investment in Real Estate (Details)
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 01, 2016
USD ($)
Dec. 31, 2015
USD ($)
Investment in Real Estate (Details) [Line Items]            
Number of Hotels 236   236      
Aggregate Number of Hotel Rooms 30,299   30,299      
Number of States in which Hotels Are Located 33   33      
Revenues $ 276,471,000 $ 240,555,000 $ 758,594,000 $ 685,281,000    
Operating Income (Loss) 23,843,000 56,408,000 132,233,000 144,859,000    
Long-term Debt, Gross 1,351,399,000   1,351,399,000      
Impairment of Real Estate 5,471,000 $ 0 5,471,000 $ 0    
Real Estate Investment Property, Net $ 4,894,216,000   $ 4,894,216,000     $ 3,641,767,000
Hotels Acquired from Apple Ten Merger [Member]            
Investment in Real Estate (Details) [Line Items]            
Number of Hotels         56  
Aggregate Number of Hotel Rooms         7,209  
Number of States in which Hotels Are Located         17  
Apple Ten Merger [Member]            
Investment in Real Estate (Details) [Line Items]            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Investment in Real Estate         $ 1,295,421,000  
Goodwill         $ 0  
Hotel Acquisitions [Member]            
Investment in Real Estate (Details) [Line Items]            
Number of Hotels 57 5 57 5    
Goodwill   $ 0   $ 0    
Revenues     $ 25,000,000      
Operating Income (Loss)     $ 9,500,000      
Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]            
Investment in Real Estate (Details) [Line Items]            
Number of Hotels 3   3      
Aggregate Number of Hotel Rooms 334   334      
Business Acquisition, Gross Purchase Price $ 56,472,000   $ 56,472,000      
Hotel Construction, Time to Completion     completed and opened for business in the first half of 2017      
Home2 Suites Atlanta, GA [Member] | Hotel Acquisitions [Member]            
Investment in Real Estate (Details) [Line Items]            
Number of Hotels 1   1      
Aggregate Number of Hotel Rooms 128   128      
Business Acquisition, Effective Date of Acquisition     Jul. 01, 2016      
Business Acquisition, Gross Purchase Price $ 24,600,000   $ 24,600,000      
Goodwill $ 0   $ 0      
Hilton Dallas, TX and Marriott Chesapeake, VA [Member] | Hotels Identified for Potential Sale 3Q 2016 [Member] | Execution of Two Sales Contracts in October 2016 [Member]            
Investment in Real Estate (Details) [Line Items]            
Number of Hotels 2   2      
Sale of Real Estate Assets, Gross Sales Price     $ 66,300,000      
Hotel Disposition, Time to Completion of Sale     within three to six months of September 30, 2016      
Expected Net Gain on Disposal of Assets     $ 11,400,000      
Real Estate Investment Property, Net $ 48,900,000   48,900,000      
Hilton Dallas, TX [Member] | Hotels Identified for Potential Sale 3Q 2016 [Member] | Execution of Two Sales Contracts in October 2016 [Member]            
Investment in Real Estate (Details) [Line Items]            
Long-term Debt, Gross 27,400,000   27,400,000      
Marriott Chesapeake, VA [Member] | Hotels Identified for Potential Sale 3Q 2016 [Member] | Execution of Two Sales Contracts in October 2016 [Member]            
Investment in Real Estate (Details) [Line Items]            
Impairment of Real Estate $ 5,500,000   $ 5,500,000