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Investment in Hotel Properties (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Investment in hotel properties    
Land $ 256,389 $ 236,287
Buildings and improvements 1,243,323 1,141,347
Furniture, fixtures and equipment 120,482 107,938
Construction in progress 6,166 9,595
Investment in hotel properties 1,626,360 1,495,167
Less: Accumulated depreciation (90,902) (77,938)
Investment in hotel properties, net $ 1,535,458 $ 1,417,229