Supplemental Information to Statements of Cash Flows

6 Months Ended

Jun. 30, 2013

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL INFORMATION TO STATEMENTS OF CASH FLOWS

Supplemental Information to Statements of Cash Flows

	For the six months ended June 30,
	2013		2012
	(in thousands)
Interest paid, net of capitalized interest	$	11,162	$	5,876
Interest capitalized	$	206	$	—
Income taxes paid	$	1,287	$	889
Non-Cash Investing and Financing Activities:
Distributions payable on common shares/units	$	10,017	$	7,019
Distributions payable on preferred shares	$	5,185	$	3,813
Issuance of common shares for board of trustees compensation	$	207	$	199
Mortgage loan assumed in connection with acquisition	$	66,732	$	—
Above market rate contracts assumed in connection with acquisition	$	4,751	$	—
Deposit applied to purchase price of acquisition	$	4,000	$	—
Accrued additions and improvements to hotel properties	$	1,081	$	1,042