Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Hotel Revenues
Rooms	$ 29,882	$ 3,869	$ 56,067	$ 4,627
Food and beverage	7,597	1,357	11,480	1,398
Other hotel income	3,535	642	5,781	689
Total Hotel Revenues	41,014	5,868	73,328	6,714
Other real estate income	0	0	0	64
Total Revenues	41,014	5,868	73,328	6,778
Hotel Expenses
Rooms	6,680	1,069	12,665	1,255
Food and beverage	5,593	1,093	8,470	1,097
Other hotel operating expenses	2,016	391	3,093	428
General and administrative	3,219	546	5,941	604
Sales and marketing	3,592	497	7,058	593
Repairs and maintenance	1,409	282	2,664	316
Utilities	1,399	334	2,538	373
Management fees	796	93	1,506	103
Property taxes, insurance and rent	1,974	275	3,630	313
Depreciation and amortization	5,376	536	10,155	621
Total Hotel Expenses	32,054	5,116	57,720	5,703
Other Operating Expense
Acquisition-related expenses	5,384	995	17,250	2,826
Management expenses	280	170	803	479
Corporate general and adminstrative expenses	1,339	505	3,186	1,188
Asset management fees to affiliate	833	171	1,783	358
Total Other Operating Expenses	7,836	1,841	23,022	4,851
Operating Income (Loss)	1,124	(1,089)	(7,414)	(3,776)
Other Income and (Expenses)
Net income from equity investments in real estate	117	928	599	1,345
Other income	0	220	0	85
Bargain purchase gain	0	3,809	0	3,809
Interest expense	(4,355)	(484)	(8,190)	(559)
Other (Expenses) and Income, Total	(4,238)	4,473	(7,591)	4,680
(Loss) Income From Operations Before Income Taxes	(3,114)	3,384	(15,005)	904
Provision for income taxes	(392)	(174)	(939)	(256)
Net (Loss) Income	(3,506)	3,210	(15,944)	648
Net loss attributable to noncontrolling interests	451	535	529	872
Net (Loss) Income Attributable to CWI Stockholders	$ (3,055)	$ 3,745	$ (15,415)	$ 1,520
Basic and Diluted (Loss) Earnings Per Share	$ (0.06)	$ 0.37	$ (0.46)	$ 0.19
Basic and Diluted Weighted Average Shares Outstanding	50,836,335	10,142,451	33,793,892	7,813,713
Distributions Declared Per Share	$ 0.1500	$ 0.1500	$ 0.4500	$ 0.4000