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DEBT (Details 3) (USD $)
6 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Senior secured interim loan
May 23, 2013
Senior secured interim loan
Jan. 14, 2013
Term loans with First National Bank of Omaha
item
Jan. 25, 2013
Term loan with Key Bank at 4.46%
item
Jun. 30, 2013
Term loan with Key Bank at 4.46%
Feb. 11, 2013
Term loan with Greenwich Capital Financial Products, Inc
Holiday Inn Express & Suites
Jun. 30, 2013
Term loan with Greenwich Capital Financial Products, Inc
Holiday Inn Express & Suites
Mar. 08, 2013
Term loan with Key Bank
item
Mar. 08, 2013
Term loan with Key Bank at 4.52%
item
Jun. 30, 2013
Term loan with Key Bank at 4.52%
Mar. 08, 2013
Term loan with Key Bank at 4.3%
item
Jun. 30, 2013
Term loan with Key Bank at 4.3%
May 01, 2013
Term loan with MetaBank at fixed interest rate of 4.95%
May 21, 2013
Term loan with Wells Fargo
Holiday Inn Express & Suites
Jun. 30, 2013
Term loan with Wells Fargo
Holiday Inn Express & Suites
May 21, 2013
Term loan with Wells Fargo
Hilton Garden Inn
Jun. 30, 2013
Term loan with Wells Fargo
Hilton Garden Inn
May 31, 2013
Senior Secured Revolving Credit Facility
Jun. 30, 2013
Senior Secured Revolving Credit Facility
Debt                                          
Maximum borrowing capacity                                         $ 150,000,000
Loan amount       92,000,000                                  
Additional period for which interim loan may be extended     6 months                                    
Variable rate (as a percent)     2.44%                                    
Allowed collateral concentration in any given metropolitan statistical area, before amendment (as a percent)                                       20.00%  
Allowed collateral concentration in any given metropolitan statistical area (as a percent)                                       30.00%  
Increase in availability under credit facility                                       36,700,000  
Line of credit current borrowing capacity                                         150,000,000
Line of credit outstanding                                         96,600,000
Standby letter of credit                                         5,200,000
Amount available for borrowing                                         48,200,000
Number of loans paid off         2                                
Number of hotel properties         3 4         3   3                
Debt paid off 96,810,000 78,859,000     22,800,000                   6,700,000            
Prepayment penalties         0                                
Debt obligation 268,150,000 127,085,000       29,400,000         22,700,000   22,000,000                
Fixed interest rate (as a percent)             4.46%   6.20%     4.52%   4.30% 4.95%   5.53%   5.57%    
Amortization period           30 years   30 years     30 years   30 years     25 years   25 years      
Debt assumed               $ 23,400,000               $ 3,700,000   $ 6,400,000      
Additional number of term loans closed                   2