Commitments and Contingencies (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Management Agreements [Line Items]
Combined base and incentive management fees	$ 4,200,000	$ 3,300,000	$ 11,400,000	$ 8,000,000
Commitments and Contingencies (Textual) [Abstract]
Reserve funds allowed for hotel maintenance from hotel revenue			4.00%
Restricted cash	15,930,000		15,930,000		12,034,000
Minimum [Member]
Management Agreements [Line Items]
Terms of management agreements not including renewals			5 years
Terms of management agreements including renewals			5 years
Termination fees range			0
Base management fee from hotel revenues			1.00%
Maximum [Member]
Management Agreements [Line Items]
Terms of management agreements not including renewals			20 years
Terms of management agreements including renewals			40 years
Termination fees range			6
Base management fee from hotel revenues			4.00%
Monaco Washington D C [Member]
Commitments and Contingencies (Textual) [Abstract]
Ground lease expiry period			2059
Base rent			200,000
Argonaut Hotel [Member]
Commitments and Contingencies (Textual) [Abstract]
Ground lease expiry period			2059
Base rent			$ 1,200,000
Hotel Palomar San Francisco [Member]
Commitments and Contingencies (Textual) [Abstract]
Ground lease expiry period			2097