Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 15,572	$ 14,265
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	24,649	23,493
Amortization of deferred franchise fees	107	93
Amortization of deferred financing fees included in interest expense	548	855
Loss on early extinguishment of debt	4	0
Share based compensation	1,495	1,355
Income from unconsolidated real estate entities	(295)	(1,077)
Changes in assets and liabilities:
Hotel receivables	(1,850)	(1,348)
Deferred costs	(94)	(608)
Prepaid expenses and other assets	(426)	(1,119)
Accounts payable and accrued expenses	(98)	1,544
Net cash provided by operating activities	39,612	37,453
Cash flows from investing activities:
Improvements and additions to hotel properties	(11,774)	(9,154)
Acquisition of hotel properties, net of cash acquired	0	(90,155)
Distributions from unconsolidated entities	4,069	3,932
Restricted cash	(3,235)	(6,515)
Net cash used in investing activities	(10,940)	(101,892)
Cash flows from financing activities:
Borrowings on revolving credit facility	24,450	5,000
Repayments on revolving credit facility	(23,750)	(27,500)
Payments on debt	(1,784)	(1,582)
Principal prepayment of mortgage debt	(5,954)	(4,760)
Payment of financing costs	(50)	(374)
Payment of offering costs	(1)	(2,001)
Proceeds from issuance of common shares	192	120,789
In-substance repurchase of vested common shares	0	(22)
Distributions-common shares/units	(27,503)	(22,113)
Net cash provided by (used in) financing activities	(34,400)	67,437
Net change in cash and cash equivalents	(5,728)	2,998
Cash and cash equivalents, beginning of period	21,036	15,077
Cash and cash equivalents, end of period	15,308	18,075
Supplemental disclosure of cash flow information:
Cash paid for interest	13,486	12,409
Cash paid for income taxes	$ 485	$ 95