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Investment in Hotel Properties (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Investment in hotel properties    
Land $ 272,661 $ 272,661
Buildings and improvements 1,442,398 1,437,593
Furniture, fixtures and equipment 137,962 135,547
Construction in progress 7,337 4,138
Investment in hotel properties 1,860,358 1,849,939
Less: Accumulated depreciation (147,813) (132,328)
Investment in hotel properties, net $ 1,712,545 $ 1,717,611