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INVESTMENT IN HOTEL PROPERTIES (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
INVESTMENT IN HOTEL PROPERTIES    
Land $ 154,514 $ 105,571
Hotel buildings and improvements 969,661 649,699
Furniture, fixtures and equipment 142,338 124,385
Investment in hotel properties at cost 1,266,513 879,655
Less accumulated depreciation 153,905 145,293
Investment in hotel properties, net $ 1,112,608 $ 734,362