Acquisition of Hotel Properties (Details Textual) (USD $)	3 Months Ended
Mar. 31, 2015	Mar. 31, 2014
Business Acquisition [Line Items]
Hotel acquisition costs	$ 131,000	$ 285,000
Union Station Hotel Nashville [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Buildings	39,300,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Equipment	5,400,000
Business Combination, Consideration Transferred	$ 7,500,000

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This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 25

-Paragraph 23

-URI http://asc.fasb.org/extlink&oid=34752592&loc=d3e1043-128460

+ Details

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- Definition

Amount of facility held for productive use including, but not limited to, office, production, storage and distribution facilities, acquired at the acquisition date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472

+ Details

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- Definition

Amount of tangible personal property used to produce goods and services, including, but is not limited to, tools, dies and molds, computer and office equipment, acquired at the acquisition date.

+ References

+ Details

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- Definition

Amount of intangible assets, excluding goodwill, acquired at the acquisition date.

+ References

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- Details

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