Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net income (loss)	$ 557	$ (574)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation	7,739	7,425
Amortization of deferred franchise fees	40	37
Amortization of deferred financing fees included in interest expense	556	984
Loss on early extinguishment of debt	933	0
Loss on write-off of deferred franchise fee	64	0
Share based compensation	1,080	967
Income (loss) from unconsolidated real estate entities	720	(138)
Changes in assets and liabilities:
Hotel receivables	(204)	275
Deferred costs	296	27
Prepaid expenses and other assets	(630)	(396)
Accounts payable and accrued expenses	964	(2,288)
Net cash provided by operating activities	12,115	6,319
Cash flows from investing activities:
Improvements and additions to hotel properties	(7,128)	(3,912)
Acquisition of hotel properties, net of cash acquired	(74,769)	0
Distributions from unconsolidated entities	908	19,210
Investment in unconsolidated entities	(1,649)	0
Restricted cash	263	2,427
Net cash provided (used in) investing activities	(82,375)	17,725
Cash flows from financing activities:
Borrowings on revolving credit facility	88,500	5,000
Repayments on revolving credit facility	(137,500)	(19,000)
Payments on debt	(807)	(852)
Proceeds from the issuance of debt	117,033	0
Principal prepayment of mortgage debt	(100,130)	0
Payment of financing costs	(965)	(254)
Payment of offering costs	(6,746)	(153)
Proceeds from issuance of common shares	134,166	0
In-substance repurchase of vested common shares	(7)	0
Distributions-common shares/units	(9,090)	(4,942)
Net cash provided by (used in) financing activities	84,454	(20,201)
Net change in cash and cash equivalents	14,194	3,843
Cash and cash equivalents, beginning of period	4,496	4,680
Cash and cash equivalents, end of period	18,690	8,523
Supplemental disclosure of cash flow information:
Cash paid for interest	5,241	7,606
Cash paid for income taxes	$ 50	$ 138