Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Room	$ 148,450	$ 137,443	$ 279,854	$ 246,277
Food and beverage	49,673	46,823	100,369	90,061
Other operating	14,149	13,417	28,294	24,780
Total revenues	212,272	197,683	408,517	361,118
Hotel operating expenses:
Room	34,094	30,982	66,319	58,965
Food and beverage	32,532	31,384	66,569	60,777
Other direct and indirect	55,679	53,627	111,327	103,463
Total hotel operating expenses	122,305	115,993	244,215	223,205
Depreciation and amortization	25,859	24,885	50,920	46,210
Real estate taxes, personal property taxes, property insurance, and ground rent	12,428	10,885	24,893	22,165
General and administrative	6,344	6,169	13,140	13,741
Hotel acquisition and disposition costs	11	4,334	17	4,465
Total operating expenses	166,947	162,266	333,185	309,786
Operating income (loss)	45,325	35,417	75,332	51,332
Interest income	620	621	1,245	1,256
Interest expense	(11,432)	(9,256)	(22,233)	(17,577)
Other	(101)	0	(1,872)	0
Gain on sale of hotel properties	40,326	0	40,326	0
Equity in earnings (loss) of joint venture	1,682	3,320	(3,233)	(1,128)
Income (loss) before income taxes	76,420	30,102	89,565	33,883
Income tax (expense) benefit	(1,982)	(3,519)	1,510	(130)
Net income (loss)	74,438	26,583	91,075	33,753
Net income (loss) attributable to non-controlling interests	248	92	306	119
Net income (loss) attributable to the Company	74,190	26,491	90,769	33,634
Distributions to preferred shareholders	(4,241)	(6,487)	(10,085)	(12,975)
Issuance costs of redeemed preferred shares	0	0	(4,169)	0
Net income (loss) attributable to common shareholders	$ 69,949	$ 20,004	$ 76,515	$ 20,659
Net income (loss) per share available to common shareholders, basic (in usd per share)	$ 0.97	$ 0.28	$ 1.06	$ 0.29
Net income (loss) per share available to common shareholders, diluted (in usd per share)	$ 0.96	$ 0.27	$ 1.05	$ 0.28
Weighted-average number of common shares, basic (in shares)	71,922,904	71,735,129	71,879,859	71,696,294
Weighted-average number of common shares, diluted (in shares)	72,319,784	72,425,952	72,373,376	72,463,419
Comprehensive Income:
Net income (loss)	$ 74,438	$ 26,583	$ 91,075	$ 33,753
Other comprehensive income (loss):
Unrealized gain (loss) on derivative instruments	(4,635)	4,077	(16,119)	(92)
Comprehensive income (loss)	69,803	30,660	74,956	33,661
Comprehensive income (loss) attributable to non-controlling interests	234	105	254	119
Comprehensive income (loss) attributable to the Company	$ 69,569	$ 30,555	$ 74,702	$ 33,542