Subsequent Events	6 Months Ended
Jun. 30, 2012
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	Subsequent Events On July 9, 2012, the Company acquired the 125-room Hotel Vintage Park Seattle located in Seattle, Washington and the 117-room Hotel Vintage Plaza Portland located in Portland, Oregon for $63.0 million in a single transaction. Both of these properties will continue to be managed by Kimpton Hotels and Restaurants. The Company has not completed its purchase price allocations for these acquisitions and is unable to estimate at this time the proforma effects of these acquisitions. On July 10, 2012, the Company's shareholders approved the amended and restated 2009 Equity Incentive Plan (the "Plan") to increase the number of shares available to be issued under the Plan from 1.3 million shares to 2.4 million shares and extend the term of the Plan from December 6, 2019 to February 8, 2022. On July 13, 2012, the Company amended its senior unsecured revolving credit facility. The amended credit facility's borrowing capacity is increased to $300.0 million, of which $200.0 million is a revolving facility and $100.0 million is an unsecured term loan. The revolving facility is a four year loan which matures in July 2016 with an option to extend to July 2017 and the Company has the ability to increase the credit facility borrowings up to $600.0 million with lender approval. The term loan has a 30-day delayed draw feature, which, if drawn, will have a five-year term maturing in July 2017. Borrowings on the credit facility will bear interest at LIBOR plus 1.75% to 2.50%, depending on the Company's leverage ratio. Additionally, the Company is required to pay an unused commitment fee at an annual rate of 0.25% to 0.35% of the unused portion of the credit facility. The Company expects to draw down on the term loan on August 13, 2012. The Company entered into a swap agreement to fix the interest rate of the term loan at 2.4% based on the Company's current leverage ratio. In July 2012, the Company issued 1,253,228 common shares at an average price of $23.02 per share under its ATM program and raised $28.4 million, net of commissions. As of July 24, 2012, $62.9 million of common shares remained available for issuance under the ATM program.

Subsequent Events

On July 9, 2012, the Company acquired the 125-room Hotel Vintage Park Seattle located in Seattle, Washington and the 117-room Hotel Vintage Plaza Portland located in Portland, Oregon for $63.0 million in a single transaction. Both of these properties will continue to be managed by Kimpton Hotels and Restaurants. The Company has not completed its purchase price allocations for these acquisitions and is unable to estimate at this time the proforma effects of these acquisitions.

On July 10, 2012, the Company's shareholders approved the amended and restated 2009 Equity Incentive Plan (the "Plan") to increase the number of shares available to be issued under the Plan from 1.3 million shares to 2.4 million shares and extend the term of the Plan from December 6, 2019 to February 8, 2022.

On July 13, 2012, the Company amended its senior unsecured revolving credit facility. The amended credit facility's borrowing capacity is increased to $300.0 million, of which $200.0 million is a revolving facility and $100.0 million is an unsecured term loan. The revolving facility is a four year loan which matures in July 2016 with an option to extend to July 2017 and the Company has the ability to increase the credit facility borrowings up to $600.0 million with lender approval. The term loan has a 30-day delayed draw feature, which, if drawn, will have a five-year term maturing in July 2017. Borrowings on the credit facility will bear interest at LIBOR plus 1.75% to 2.50%, depending on the Company's leverage ratio. Additionally, the Company is required to pay an unused commitment fee at an annual rate of 0.25% to 0.35% of the unused portion of the credit facility. The Company expects to draw down on the term loan on August 13, 2012. The Company entered into a swap agreement to fix the interest rate of the term loan at 2.4% based on the Company's current leverage ratio.

In July 2012, the Company issued 1,253,228 common shares at an average price of $23.02 per share under its ATM program and raised $28.4 million, net of commissions. As of July 24, 2012, $62.9 million of common shares remained available for issuance under the ATM program.