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Debt (Narrative) (Details)
3 Months Ended
Mar. 31, 2016
USD ($)
extension
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
May. 31, 2015
USD ($)
Mortgage debt        
Debt fair market value adjustment $ 4,471,000      
Carrying value of mortgage $ 1,434,566,000   $ 1,350,835,000  
Debt, weighted average interest rate 4.51%      
Loss on extinguishment of debt $ 1,064,000 $ 147,000    
Dent instrument face amount 46,500,000      
Capitalized financing cost 400,000      
Repayments of secured debt 124,440,000 10,399,000    
Proceeds from mortgage financing $ 210,500,000 $ 55,500,000    
Debt instrument, term 6 years      
Debt instrument covenant compliance
At March 31, 2016, we were in compliance with the applicable covenants for each of our mortgage loans.
     
Long-term line of credit $ 35,000,000   20,000,000  
Debt Refinanced        
Mortgage debt        
Debt, weighted average interest rate 3.80%      
Loss on extinguishment of debt $ 1,000,000      
Repayments of secured debt 123,000,000      
Proceeds from mortgage financing $ 164,000,000      
Debt instrument, term 5 years 2 months 12 days      
Ritz-Carlton Key Biscayne Miami        
Mortgage debt        
Debt fair market value adjustment       $ 7,500,000
Amortization of debt premium $ 900,000      
Carrying value of mortgage $ 167,748,000   168,503,000  
Debt instrument, maturity date Jun. 30, 2017      
Ritz-Carlton Fort Lauderdale        
Mortgage debt        
Carrying value of mortgage $ 68,941,000   68,824,000  
Debt instrument, maturity date Jul. 31, 2018      
Ritz-Carlton Fort Lauderdale | Senior loan        
Mortgage debt        
Carrying value of mortgage $ 49,000,000      
Debt, weighted average interest rate 2.84%      
Ritz-Carlton Fort Lauderdale | Mezzanine loan        
Mortgage debt        
Carrying value of mortgage $ 21,000,000      
Debt, weighted average interest rate 7.67%      
Hawks Cay Resort        
Mortgage debt        
Number of Extension Options | extension 2      
Carrying value of mortgage $ 98,041,000   78,591,000  
Loss on extinguishment of debt $ 700,000      
Debt instrument, maturity date Mar. 31, 2020      
Fairmont Sonoma Mission Inn and Spa        
Mortgage debt        
Carrying value of mortgage $ 63,607,000   43,748,000  
Loss on extinguishment of debt $ 300,000      
Debt instrument, maturity date Mar. 31, 2023      
Revolving Credit Facility | Unsecured Debt        
Mortgage debt        
Maximum borrowing capacity $ 35,000,000.0   50,000,000.0  
Senior credit facility leverage ratio threshold 65.00%      
Extension Fee 0.25%      
Long-term line of credit $ 35,000,000      
Unused commitment fee percentage 0.25%      
Letter of Credit | Unsecured Debt        
Mortgage debt        
Maximum borrowing capacity     $ 5,000,000.0  
LIBOR | Revolving Credit Facility | Unsecured Debt        
Mortgage debt        
Debt instrument, basis spread on variable rate 2.75%      
LIBOR | Revolving Credit Facility | Unsecured Debt | Event I        
Mortgage debt        
Debt instrument, basis spread on variable rate 3.25%