Mortgage debt as of June 30, 2012 and December 31, 2011 consisted of the following (dollars in thousands):



			Balance Outstanding as of
	Interest Rate	Maturity Date	June 30, 2012		December 31, 2011
InterContinental Buckhead	4.88%	January 2016	$	51,418	$	51,805
Skamania Lodge	5.44%	February 2016	30,461		30,664
DoubleTree by Hilton Bethesda-Washington DC	5.28%	February 2016	35,840		36,000
Monaco Washington DC	4.36%	February 2017	45,750		35,000
Argonaut Hotel	4.25%	March 2017	46,746		42,000
Sofitel Philadelphia	3.90%	June 2017	50,000		56,070
			$	260,215	$	251,539