Subsequent Events (Details) (USD $)	12 Months Ended		1 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Feb. 29, 2012 Argonaut Hotel [Member]	Jan. 31, 2012 Argonaut Hotel [Member]	Jan. 31, 2012 Monaco Washington D C [Member]	Feb. 29, 2012 Sofitel Philadelphia [Member]	Feb. 29, 2012 Executive Officers [Member]	Feb. 29, 2012 Employees [Member]	Feb. 29, 2012 Minimum [Member]	Feb. 29, 2012 Maximum [Member]	Feb. 29, 2012 Issuance Of Equity [Member] Minimum [Member] Executive Officers [Member]	Feb. 29, 2012 Issuance Of Equity [Member] Maximum [Member] Executive Officers [Member]
Subsequent Events (Textual) [Abstract]
Total amount in which company acquired					$ 46,000,000
Mortgage debt	251,539,000	143,570,000			35,000,000
Interest Rate			4.25%		4.36%
Debt instrument, monthly principal and interest payments			0.30		0.20
Total amount repaid	1,031,000			42,000,000		56,100,000
Principal balance in mortgage loan			47,000,000
Repayment of loan from cash on hand				31,000,000
Repayment of loan from senior secured loan facility				$ 15,000,000
Restricted stock granted							52,509	52,509
Performance stock granted							72,056	72,056
Restricted stock vesting period									3 years	5 years
Stock issued during period to related parties percentage of target amount											0.00%	200.00%