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Quarterly Operating Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The Company's unaudited consolidated quarterly operating data for the years ended December 31, 2015 and 2014 (in thousands, except per-share data) is below. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of quarterly results have been reflected in the data. It is also management's opinion, however, that quarterly operating data for hotel properties are not indicative of results to be achieved in succeeding quarters or years.

 
 
Year Ended December 31, 2015
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total revenues
 
$
163,435

 
$
197,683

 
$
216,321

 
$
193,425

Net income (loss)
 
7,170

 
26,583

 
38,248

 
22,994

Net income (loss) attributable to the Company
 
7,143

 
26,491

 
38,119

 
22,915

Net income (loss) attributable to common shareholders
 
655

 
20,004

 
31,631

 
16,428

Net income (loss) per share available to common shareholders, basic
 
$
0.01

 
$
0.28

 
$
0.44

 
$
0.23

Net income (loss) per share available to common shareholders, diluted
 
$
0.01

 
$
0.27

 
$
0.43

 
$
0.23

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2014
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total revenues
 
$
125,712

 
$
147,454

 
$
169,676

 
$
155,934

Net income (loss)
 
4,121

 
22,893

 
30,439

 
16,090

Net income (loss) attributable to the Company
 
4,078

 
22,673

 
30,165

 
15,950

Net income (loss) attributable to common shareholders
 
(2,003
)
 
16,591

 
23,737

 
9,462

Net income (loss) per share available to common shareholders, basic and diluted
 
$
(0.03
)
 
$
0.26

 
$
0.36

 
$
0.13