Debt (Details Textual 1) (USD $)	6 Months Ended		0 Months Ended		0 Months Ended			0 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jan. 11, 2012 Monaco Washington D C [Member] First Mortgage [Member]	Jun. 30, 2012 Monaco Washington D C [Member] First Mortgage [Member]	Jan. 11, 2012 Argonaut Hotel [Member] First Mortgage [Member]	Jun. 30, 2012 Argonaut Hotel [Member] First Mortgage [Member]	Feb. 15, 2012 Argonaut Hotel [Member] First Mortgage [Member]	May 18, 2012 Sofitel Philadelphia [Member] First Mortgage [Member]	Feb. 01, 2012 Sofitel Philadelphia [Member] First Mortgage [Member]	Jun. 30, 2012 Sofitel Philadelphia [Member] First Mortgage [Member]
Mortgage Loans on Real Estate [Line Items]
Principal of mortgage loan			$ 46,000,000				$ 47,000,000	$ 50,000,000
Term of mortgage loan			5 years		5 years			5 years
Interest Rate			4.36%	4.36%	4.25%	4.25%		3.90%		3.90%
Debt instrument, monthly principal and interest payments			200,000		300,000			300,000
Repayments of mortgage debt	$ 134,324,000	$ 456,000	$ 35,000,000		$ 42,000,000				$ 56,100,000