CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Rental income	$ 29,769	$ 32,130	$ 58,778	$ 65,608
Hotel revenue	7,060	7,363	11,389	11,572
Operating expense reimbursements and other revenue	3,094	4,184	6,465	8,346
Total revenues	39,923	43,677	76,632	85,526
Operating expenses:
Property operating	10,089	10,098	20,455	21,067
Hotel operating	6,600	6,495	12,854	12,165
Operating fees incurred from the Advisor	3,050	3,101	6,124	6,245
Transaction related	6,261	96	6,610	221
General and administrative	609	5,203	(2,735)	9,153
Depreciation and amortization	16,587	22,154	33,812	43,834
Total operating expenses	43,196	47,147	77,120	92,685
Operating loss	(3,273)	(3,470)	(488)	(7,159)
Other income (expenses):
Interest expense	(9,312)	(6,347)	(19,038)	(12,596)
Income from unconsolidated joint venture	757	570	1,845	805
Income from preferred equity investment, investment securities and interest	3	8	21	938
Gain on sale of real estate investments, net	125	0	6,630	0
Gain (loss) on derivative instruments	(107)	0	(358)	(4)
Total other expenses	(8,534)	(5,769)	(10,900)	(10,857)
Net loss	(11,807)	(9,239)	(11,388)	(18,016)
Net loss attributable to non-controlling interests	267	257	335	518
Net loss attributable to stockholders	(11,540)	(8,982)	(11,053)	(17,498)
Other comprehensive income (loss):
Unrealized gain (loss) on derivatives	(99)	427	(978)	(666)
Unrealized loss on investment securities	0	(192)	0	(88)
Total other comprehensive income (loss)	(99)	235	(978)	(754)
Comprehensive loss attributable to stockholders	$ (11,639)	$ (8,747)	$ (12,031)	$ (18,252)
Basic and diluted weighted average common shares outstanding (in shares)	164,835,872	162,156,470	164,354,242	162,124,624
Basic and diluted net loss per share attributable to stockholders (in dollars per share)	$ (0.07)	$ (0.06)	$ (0.07)	$ (0.11)
Dividends declared per common share (in dollars per share)	$ 0.115	$ 0.115	$ 0.23	$ 0.23