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HOTEL PROPERTY ACQUISITIONS (Details) (USD $)
1 Months Ended 9 Months Ended
Oct. 31, 2013
2013 acquisitions
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Sep. 30, 2013
2013 acquisitions
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Sep. 30, 2013
2013 acquisitions
Chicago (Hoffman Estates), IL
Hyatt Place
Sep. 30, 2013
2013 acquisitions
Orlando (Convention), FL
Hyatt Place
Sep. 30, 2013
2013 acquisitions
Orlando (Universal), FL
Hyatt Place
Sep. 30, 2013
2013 acquisitions
San Francisco, CA
IHG/Holiday Inn Express & Suites
Sep. 30, 2013
2013 acquisitions
New Orleans, LA
SpringHill Suites by Marriott
Sep. 30, 2013
2013 acquisitions
New Orleans (Convention), LA
Courtyard by Marriott
Sep. 30, 2013
2013 acquisitions
New Orleans (French Quarter), LA
Courtyard by Marriott
Sep. 30, 2013
2013 acquisitions
New Orleans (Metairie), LA
Courtyard by Marriott
Sep. 30, 2013
2013 acquisitions
New Orleans (Metairie), LA
Residence Inn by Marriott
Sep. 30, 2013
2013 acquisitions
Greenville, SC
Hilton Garden Inn
Sep. 30, 2013
2013 acquisitions
Minneapolis (Minnetonka), MN
IHG/Holiday Inn Express & Suites
Sep. 30, 2013
2013 acquisitions
Minneapolis (Eden Prairie), MN
Hilton Garden Inn
Sep. 30, 2013
2013 acquisitions
Louisville, KY
Fairfield Inn & Suites by Marriott
Sep. 30, 2013
2013 acquisitions
Louisville, KY
SpringHill Suites by Marriott
Sep. 30, 2013
2013 acquisitions
Indianapolis, IN
SpringHill Suites by Marriott
Sep. 30, 2013
2013 acquisitions
Indianapolis, IN
Courtyard by Marriott
Sep. 30, 2012
2012 acquisitions
item
Sep. 30, 2012
2012 acquisitions
Atlanta, GA
Courtyard by Marriott
Sep. 30, 2012
2012 acquisitions
Birmingham (Liberty Park), AL
Hilton Garden Inn
Sep. 30, 2012
2012 acquisitions
Birmingham (Lakeshore), AL
Hilton Garden Inn
Sep. 30, 2012
2012 acquisitions
Dallas (Arlington), TX
Courtyard by Marriott
Sep. 30, 2012
2012 acquisitions
Dallas (Arlington), TX
Residence Inn by Marriott
Sep. 30, 2012
2012 acquisitions
Nashville (Smyrna), TN
Hilton Garden Inn
Sep. 30, 2012
2012 acquisitions
Nashville (Smyrna), TN
Hilton / Hampton Inn & Suites
Hotel property acquisitions                                                    
Purchase Price $ 30,900,000 $ 414,175,000 $ 9,230,000 $ 12,252,000 $ 11,843,000 $ 60,500,000 [1] $ 33,500,000 $ 31,500,000 $ 26,000,000 $ 24,000,000 $ 20,000,000 $ 15,250,000 $ 6,900,000 $ 10,200,000 $ 25,023,000 $ 39,138,000 $ 30,205,000 $ 58,634,000 $ 99,025,000 $ 28,900,000 [2] $ 11,500,000 $ 8,625,000 $ 15,000,000 $ 15,500,000 $ 11,500,000 $ 8,000,000
Debt Assumed   33,532,000       23,423,000 [1]             3,724,000 6,385,000         33,103,000 19,011,000 [2]         8,708,000 5,384,000
Number of hotel properties acquired 2 16                                 7              
Ownership interest (as a percent)           80.00%                           90.00%            
Obligation of potential payment                                       $ 400,000            
[1] This hotel property was acquired by a joint venture in which we own an 80% controlling interest.
[2] We acquired a 90% controlling interest in this hotel property and we are obligated to acquire the remaining ownership in 2016 for $0.4 million. The $0.4 million has been accrued as a liability and is included in the purchase price above.