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DEBT (Details 3) (USD $)
9 Months Ended 3 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Senior secured interim loan
Jul. 22, 2013
Senior secured interim loan
May 23, 2013
Senior secured interim loan
Jan. 14, 2013
Term loans with First National Bank of Omaha
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Jan. 25, 2013
Term loan with Key Bank at 4.46%
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Sep. 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
Sep. 30, 2013
Term loan with Greenwich Capital Financial Products, Inc
Holiday Inn Express & Suites
Mar. 08, 2013
Term loan with Key Bank
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Mar. 08, 2013
Term loan with Key Bank at 4.52%
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Sep. 30, 2013
Term loan with Key Bank at 4.52%
Mar. 08, 2013
Term loan with Key Bank at 4.3%
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Sep. 30, 2013
Term loan with Key Bank at 4.3%
May 01, 2013
Term loan with MetaBank at fixed interest rate of 4.95%
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May 21, 2013
Term loan with Wells Fargo
Holiday Inn Express & Suites
Sep. 30, 2013
Term loan with Wells Fargo
Holiday Inn Express & Suites
May 21, 2013
Term loan with Wells Fargo
Hilton Garden Inn
Sep. 30, 2013
Term loan with Wells Fargo
Hilton Garden Inn
Jul. 22, 2013
Amount of term loan with KeyBank at 4.95%
Sep. 30, 2013
Amount of term loan with KeyBank at 4.95%
Jul. 26, 2013
Term loan with MetaBank at fixed interest rate of 4.25%
Sep. 30, 2013
Term loan with MetaBank at fixed interest rate of 4.25%
Aug. 01, 2013
Term loan with ING maturing in August, 2038
Sep. 30, 2013
Term loan with ING maturing in August, 2038
Aug. 01, 2013
Amended term loan with ING
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Sep. 24, 2013
Term loan with Chambers Bank at fixed interest rate of 6.5%
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Sep. 27, 2013
Term loan with BNC Capital at fixed interest rate of 5.01%
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May 31, 2013
Senior Secured Revolving Credit Facility
Sep. 30, 2013
Senior Secured Revolving Credit Facility
Debt                                                              
Maximum borrowing capacity                                                 $ 34,000,000           $ 150,000,000
Loan amount       92,000,000 92,000,000                                                    
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                                                             0
Standby letter of credit                                                             700,000
Amount available for borrowing                                                             149,300,000
Number of loans paid off           2                                                  
Mortgage debt secured by number of hotels           3 4         3   3   2                     14 1 1    
Debt paid off 321,636,000 80,542,000 92,000,000     22,800,000                   6,700,000                       1,300,000 5,100,000    
Prepayment penalties           0                   0                       0 0    
Debt obligation 375,745,000 142,585,000         29,400,000         22,700,000   22,000,000             38,700,000   7,400,000                
Fixed interest rate (as a percent)               4.46%   6.20%     4.52%   4.30% 4.95%   5.53%   5.57%   4.95%   4.25%   4.55%   6.50% 5.01%    
Amortization period             30 years   30 years     30 years   30 years     25 years   25 years   30 years   20 years   25 years            
Debt assumed                 23,400,000               3,700,000   6,400,000                        
Additional number of term loans closed                     2                                        
Additional proceeds to be received after attaining performance level                                             1,300,000                
Reduction in collateral                                                     $ 3,900,000        
Number of notes                                                     2