Supplemental Information to Statements of Cash Flows

9 Months Ended

Sep. 30, 2013

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL INFORMATION TO STATEMENTS OF CASH FLOWS

Supplemental Information to Statements of Cash Flows

	For the nine months ended September 30,
	2013		2012
	(in thousands)
Interest paid, net of capitalized interest	$	17,242	$	9,438
Interest capitalized	$	206	$	—
Income taxes paid	$	1,420	$	1,329
Non-Cash Investing and Financing Activities:
Distributions payable on common shares/units	$	10,068	$	7,396
Distributions payable on preferred shares	$	5,203	$	3,813
Issuance of common shares for board of trustees compensation	$	207	$	199
Mortgage loan assumed in connection with acquisition	$	90,448	$	—
Above market rate contracts assumed in connection with acquisition	$	5,146	$	—
Deposit applied to purchase price of acquisition	$	4,000	$	—
Accrued additions and improvements to hotel properties	$	1,308	$	537