Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues:
Room	$ 131,404	$ 108,834
Food and beverage	50,696	43,238
Other operating	14,145	11,363
Total revenues	196,245	163,435
Hotel operating expenses:
Room	32,225	27,983
Food and beverage	34,037	29,393
Other direct and indirect	55,648	49,836
Total hotel operating expenses	121,910	107,212
Depreciation and amortization	25,061	21,325
Real estate taxes, personal property taxes, property insurance, and ground rent	12,465	11,280
General and administrative	6,796	7,572
Hotel acquisition and disposition costs	6	131
Total operating expenses	166,238	147,520
Operating income (loss)	30,007	15,915
Interest income	625	635
Interest expense	(10,801)	(8,321)
Other	(1,771)	0
Equity in earnings (loss) of joint venture	(4,915)	(4,448)
Income (loss) before income taxes	13,145	3,781
Income tax (expense) benefit	3,492	3,389
Net income (loss)	16,637	7,170
Net income (loss) attributable to non-controlling interests	58	27
Net income (loss) attributable to the Company	16,579	7,143
Distributions to preferred shareholders	(5,844)	(6,488)
Issuance costs of redeemed preferred shares	(4,169)	0
Net income (loss) attributable to common shareholders	$ 6,566	$ 655
Net income (loss) per share available to common shareholders, basic and diluted (in dollars per share)	$ 0.09	$ 0.01
Weighted-average number of common shares, basic (in shares)	71,836,815	71,673,669
Weighted-average number of common shares, diluted (in shares)	72,311,081	72,446,229
Comprehensive Income:
Net income (loss)	$ 16,637	$ 7,170
Other comprehensive income (loss):
Unrealized gain (loss) on derivative instruments	(11,484)	(4,169)
Comprehensive income (loss)	5,153	3,001
Comprehensive income (loss) attributable to non-controlling interests	20	14
Comprehensive income (loss) attributable to the Company	$ 5,133	$ 2,987