XML 47 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2013
Inter Continental Buckhead Hotel [Member]
First Mortgage [Member]
Dec. 31, 2012
Inter Continental Buckhead Hotel [Member]
First Mortgage [Member]
Sep. 30, 2013
Skamania Lodge [Member]
First Mortgage [Member]
Dec. 31, 2012
Skamania Lodge [Member]
First Mortgage [Member]
Sep. 30, 2013
Double Tree By Hilton Bethesda Washington Dc [Member]
First Mortgage [Member]
Dec. 31, 2012
Double Tree By Hilton Bethesda Washington Dc [Member]
First Mortgage [Member]
Sep. 30, 2013
Embassy Suites San Diego [Member]
First Mortgage [Member]
Jan. 29, 2013
Embassy Suites San Diego [Member]
First Mortgage [Member]
Sep. 30, 2013
Hotel Modera [Member]
First Mortgage [Member]
Aug. 28, 2013
Hotel Modera [Member]
First Mortgage [Member]
Sep. 30, 2013
Monaco Washington D C [Member]
First Mortgage [Member]
Dec. 31, 2012
Monaco Washington D C [Member]
First Mortgage [Member]
Sep. 30, 2013
Argonaut Hotel [Member]
First Mortgage [Member]
Dec. 31, 2012
Argonaut Hotel [Member]
First Mortgage [Member]
Sep. 30, 2013
Sofitel Philadelphia [Member]
First Mortgage [Member]
Dec. 31, 2012
Sofitel Philadelphia [Member]
First Mortgage [Member]
Sep. 30, 2013
Hotel Palomar San Francisco [Member]
First Mortgage [Member]
Dec. 31, 2012
Hotel Palomar San Francisco [Member]
First Mortgage [Member]
Sep. 30, 2013
Westin Gaslamp Quarter [Member]
First Mortgage [Member]
Dec. 31, 2012
Westin Gaslamp Quarter [Member]
First Mortgage [Member]
Sep. 30, 2013
Term Loan [Member]
Mortgage Loans on Real Estate [Line Items]                                              
Line of Credit Facility, Expiration Date Jul. 31, 2016                                            
Long-term Line of Credit $ 0 $ 0                                          
Term loan 100,000 100,000                                          
Mortgage debt                                              
Interest Rate     4.88%   5.44%   5.28%   6.275% 6.275% 5.257% 5.257% 4.36%   4.25%   3.90%   5.94%   3.69%    
Debt Instrument, Maturity Date     Jan. 01, 2016   Feb. 01, 2016   Feb. 01, 2016   Jun. 05, 2016   Jul. 06, 2016   Feb. 01, 2017   Mar. 01, 2017   Jun. 01, 2017   Sep. 01, 2017   Jan. 01, 2020   Jul. 01, 2017
Mortgage debt 456,847 368,508 50,405 51,022 29,925 30,252 35,231 35,602 66,031   23,688   44,780 45,368 45,415 46,223 48,524 49,419 26,885 27,124 79,693 81,000  
Debt Instrument, Face Amount 450,577 366,010                                          
Mortgage loan premium 6,270 [1] 2,498 [1]               4,800   400                      
Total debt $ 556,847 $ 468,508                                          
[1] Loan premiums on assumed mortgages recorded in purchase accounting and secured by the leasehold interest on the Hotel Palomar San Francisco, Embassy Suites San Diego Bay - Downtown and Hotel Modera as of September 30, 2013 and the Hotel Palomar San Francisco as of December 31, 2012.