XML 40 R30.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investment in Real Estate (Details) - Outstanding Contracts
$ in Thousands
9 Months Ended
Sep. 30, 2016
USD ($)
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]  
Rooms 30,299
Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]  
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]  
Rooms 334
Refundable Deposits $ 10
Gross Purchase Price $ 56,472
Home2 Suite Birmingham, AL [Member] | Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]  
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]  
Brand Home2 Suites [1],[2]
Date of Purchase Contract Aug. 28, 2015
Rooms 105
Refundable Deposits $ 3
Gross Purchase Price $ 19,219
Hilton Garden Inn Birmingham, AL [Member] | Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]  
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]  
Brand Hilton Garden Inn [1],[2]
Date of Purchase Contract Aug. 28, 2015
Rooms 105
Refundable Deposits $ 2
Gross Purchase Price $ 19,219
Courtyard Fort Worth, TX [Member] | Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]  
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]  
Brand Courtyard [1]
Date of Purchase Contract Aug. 28, 2015
Rooms 124
Refundable Deposits $ 5
Gross Purchase Price $ 18,034
[1] As of September 30, 2016, these hotels were under construction. The table shows the expected number of rooms upon hotel completion and the expected franchise brands. Assuming all conditions to closing are met, the purchases of these hotels are expected to close in the first half of 2017. If the seller meets all of the conditions to closing, the Company is obligated to specifically perform under the contract. As the property is under construction, at this time, the seller has not met all of the conditions to closing.
[2] The Home2 Suites and Hilton Garden Inn hotels in Birmingham, AL are part of an adjoining two-hotel complex located on the same site.