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Debt (Details Textual) (USD $)
3 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Sep. 30, 2014
Minimum [Member]
Sep. 30, 2014
Maximum [Member]
Sep. 30, 2014
credit facility [Member]
Sep. 30, 2014
Revolving facility [Member]
Sep. 30, 2014
Term Loan [Member]
Aug. 13, 2012
Term Loan [Member]
Sep. 30, 2014
Term Loan [Member]
Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Member]
Sep. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Member]
Jul. 17, 2014
The Nines Hotel Portland [Member]
Jul. 17, 2014
The Nines Hotel Portland [Member]
Sep. 30, 2014
First Mortgage [Member]
The Nines Hotel Portland [Member]
Line of Credit Facility [Line Items]                                  
Senior unsecured revolving credit facility                     $ 100,000,000 $ 100,000,000          
Credit facility maturity date     Jul. 31, 2016                            
Credit facility maturity extension option     1 year                            
Line of Credit Facility, Maximum Borrowing Capacity 600,000,000   600,000,000         300,000,000 200,000,000                
Credit facility borrowings LIBOR rate plus           1.75% 2.50%                    
Annual rate of unused commitment fee           0.25% 0.35%                    
Outstanding borrowings under the credit facility 0   0   0                        
Unused commitment fees 100,000 200,000 400,000 500,000                          
Notional Amount of Interest Rate Cash Flow Hedge Derivatives 100,000,000   100,000,000                            
Debt Instrument, Interest Rate, Stated Percentage                   2.55%           7.39% 7.39%
Derivative Asset, Fair Value 1,000,000   1,000,000                            
Unrealized gain (loss) on derivative instruments 446,000 (589,000) (132,000) 1,211,000                 (132,000) 1,211,000      
Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Net of Tax 100,000 100,000 400,000 400,000                          
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred     400,000                            
Estimated fair value of debt 505,000,000   505,000,000   460,900,000                        
Loans Assumed     50,725,000 90,448,000                     50,700,000    
Debt Instrument, Unamortized Premium $ 4,913,000 [1]   $ 4,913,000 [1]   $ 5,888,000 [1]                     $ 900,000  
[1] (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.