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Acquisitions of Hotel Properties (Details Textual) (USD $)
12 Months Ended 0 Months Ended 1 Months Ended 1 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Feb. 16, 2011
Argonaut Hotel [Member]
Apr. 06, 2011
Westin Gaslamp Quarter [Member]
Apr. 07, 2011
Monaco Seattle [Member]
May 03, 2011
Mondrian Los Angeles [Member]
May 26, 2011
Viceroy Miami [Member]
Jun. 08, 2011
W Boston [Member]
Feb. 16, 2011
Minimum [Member]
Argonaut Hotel [Member]
Feb. 16, 2011
Maximum [Member]
Argonaut Hotel [Member]
Acquisition of Hotel Properties (Textual) [Abstract]                    
Total amount in which company acquired     $ 84,000,000 $ 110,000,000 $ 51,200,000 $ 137,000,000 $ 36,500,000 $ 89,500,000    
Total number of guest rooms 3,812   252 450 189 237 148 235    
Amount of Investments in available cash for acquisition     42,000,000              
Amount of which acquisition made in first mortgage loan 42,000,000 91,070,000 42,000,000              
Ground lease Base Rent     1,200,000              
Percentage of revenue in initial years                 8.00% 12.00%
Percentage of revenue in later years                 12.00% 14.00%
Percentage of food and beverage and other department revenue     4.00%              
Renovation expenses incurred by seller       25,000,000            
Reimbursement of renovation expenses incurred by seller       8,600,000            
Key money liability             3,000,000      
Period on which management fee expense term of the agreement             10 years      
Acquisition of hotel properties (Textual) [Abstract]                    
Hotel acquisition costs $ 3,392,000 $ 6,581,000