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HOTEL PROPERTY ACQUISITIONS (Details 2) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
2013 acquisitions
Sep. 30, 2012
2012 acquisitions
Allocation of the aggregate purchase prices to the fair value of assets and liabilities acquired    
Land $ 57,276 $ 9,843
Hotel buildings and improvements 341,903 84,757
Furniture, fixtures and equipment 14,996 4,425
Land held for development 2,800  
Other assets 9,308 338
Total assets acquired 426,283 99,363
Debt assumed 33,532 33,103
Other liabilities 1,495 311
Net assets acquired $ 391,256 $ 65,949