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Investment in Hotel Properties (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investment in hotel properties    
Land $ 256,389 $ 236,287
Buildings and improvements 1,250,555 1,141,347
Furniture, fixtures and equipment 122,823 107,938
Construction in progress 5,074 9,595
Investment in hotel properties 1,634,841 1,495,167
Less: Accumulated depreciation (104,212) (77,938)
Investment in hotel properties, net $ 1,530,629 $ 1,417,229