Debt (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014		Dec. 31, 2013
Mortgage Loans on Real Estate [Line Items]
Line of Credit Facility, Expiration Date	Jul. 31, 2016
Senior unsecured revolving credit facility	$ 0		$ 0
Term loan	100,000	[1]	100,000	[1]
Mortgage debt
Mortgage debt	497,235		454,247
Debt Instrument, Face Amount	492,322		448,359
Mortgage loan premium	4,913	[2]	5,888	[2]
Total debt	597,235		554,247
The Nines Hotel Portland [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	7.39%
Debt Instrument, Maturity Date	Mar. 01, 2015
Mortgage debt	50,725	[3]	0	[3]
Inter Continental Buckhead Hotel [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	4.88%
Debt Instrument, Maturity Date	Jan. 01, 2016
Mortgage debt	49,544		50,192
Skamania Lodge [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	5.44%
Debt Instrument, Maturity Date	Feb. 01, 2016
Mortgage debt	29,465		29,811
Double Tree By Hilton Bethesda Washington Dc [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	5.28%
Debt Instrument, Maturity Date	Feb. 01, 2016
Mortgage debt	34,710		35,102
Embassy Suites San Diego [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	6.28%
Debt Instrument, Maturity Date	Jun. 01, 2016
Mortgage debt	64,788		65,725
Hotel Modera [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	5.26%
Debt Instrument, Maturity Date	Jul. 01, 2016
Mortgage debt	23,321		23,597
Monaco Washington D C [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	4.36%
Debt Instrument, Maturity Date	Feb. 01, 2017
Mortgage debt	43,965		44,580
Argonaut Hotel [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	4.25%
Debt Instrument, Maturity Date	Mar. 01, 2017
Mortgage debt	44,295		45,138
Sofitel Philadelphia [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	3.90%
Debt Instrument, Maturity Date	Jun. 01, 2017
Mortgage debt	47,286		48,218
Hotel Palomar San Francisco [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	5.94%
Debt Instrument, Maturity Date	Sep. 01, 2017
Mortgage debt	26,549		26,802
Westin Gaslamp Quarter [Member] | First Mortgage [Member]
Mortgage debt
Interest Rate	3.69%
Debt Instrument, Maturity Date	Jan. 01, 2020
Mortgage debt	$ 77,674		$ 79,194
Term Loan [Member]
Mortgage debt
Debt Instrument, Maturity Date	Jul. 01, 2017

[1] (1) The Company entered into interest rate swaps to effectively fix the interest rate at 2.55% for the full five-year term, based on its current leverage ratio.

[2] (3) Loan premiums on assumed mortgages recorded in purchase accounting for the Hotel Palomar San Francisco, Embassy Suites San Diego Bay - Downtown, Hotel Modera and The Nines Hotel.

[3] (2) The interest rate of 7.39% represents a weighted-average interest rate of the three non-recourse mortgage loans assumed in conjunction with the acquisition of The Nines Hotel.