Supplemental Information to Statements of Cash Flows

6 Months Ended

Jun. 30, 2014

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL INFORMATION TO STATEMENTS OF CASH FLOWS

Supplemental Information to Statements of Cash Flows

	For the six months ended June 30,
	2014		2013
	(in thousands)
Interest paid, net of capitalized interest	$	12,539	$	11,162
Interest capitalized	$	—	$	206
Income taxes paid	$	1,487	$	1,287
Non-Cash Investing and Financing Activities:
Distributions payable on common shares/units	$	15,472	$	10,017
Distributions payable on preferred shares	$	5,202	$	5,185
Issuance of common shares for Board of Trustees compensation	$	421	$	207
Mortgage loans assumed in connection with acquisition	$	—	$	66,732
Below (above) market rate contracts assumed in connection with acquisition	$	2,473	$	4,751
Capital lease obligation assumed in connection with acquisition	$	10,758	$	—
Deposit applied to purchase price of acquisition	$	—	$	4,000
Accrued additions and improvements to hotel properties	$	3,697	$	1,081