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SUBSEQUENT EVENTS (Details) (USD $)
9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended
Sep. 30, 2013
item
Sep. 30, 2012
Oct. 31, 2013
2013 acquisitions
Sep. 30, 2013
2013 acquisitions
May 31, 2013
Senior secured revolving credit facility
Sep. 30, 2013
Senior secured revolving credit facility
Sep. 30, 2013
Series A Cumulative Redeemable Preferred Stock
Dec. 31, 2012
Series A Cumulative Redeemable Preferred Stock
Sep. 30, 2013
Series B Cumulative Redeemable Preferred Stock
Dec. 31, 2012
Series B Cumulative Redeemable Preferred Stock
Mar. 20, 2013
Series C Cumulative Redeemable Preferred Stock
Sep. 30, 2013
Series C Cumulative Redeemable Preferred Stock
Sep. 30, 2013
Common stock
Sep. 30, 2012
Common stock
Oct. 02, 2013
Subsequent Event
2013 acquisitions
Ventura (Camarillo), CA
Hampton Inn & Suites
Oct. 08, 2013
Subsequent Event
2013 acquisitions
San Diego (Poway), CA
Hampton Inn & Suites
Oct. 31, 2013
Subsequent Event
Term loan with General Electric Capital Corp
Oct. 31, 2013
Subsequent Event
Term loan with General Electric Capital Corp
Maximum
Oct. 10, 2013
Subsequent Event
Senior unsecured credit facility
Oct. 10, 2013
Subsequent Event
Senior unsecured credit facility
Minimum
item
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
1, 2, 3, or 6-month LIBOR
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
1, 2, 3, or 6-month LIBOR
Minimum
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
1, 2, 3, or 6-month LIBOR
Maximum
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
Base rate
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
Base rate
Minimum
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
Base rate
Maximum
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
Federal funds rate
Oct. 10, 2013
Subsequent Event
$225 Million Revolver
1-month LIBOR
Oct. 10, 2013
Subsequent Event
$75 Million Term Loan
Oct. 31, 2013
Subsequent Event
Series A Cumulative Redeemable Preferred Stock
Oct. 31, 2013
Subsequent Event
Series B Cumulative Redeemable Preferred Stock
Oct. 31, 2013
Subsequent Event
Series C Cumulative Redeemable Preferred Stock
Oct. 31, 2013
Subsequent Event
Common stock
Oct. 02, 2013
Subsequent Event
Common stock
Subsequent events                                                                      
Shares of common stock issued to redeem common units                         2,466,404 4,015,192                                         1,770,532
Cash dividends declared, common stock (in dollars per share)                                                                   $ 0.1125  
Cash dividends declared, preferred stock (in dollars per share)                                                             $ 0.578125 $ 0.4921875 $ 0.4453125    
Preferred stock, dividend rate (as a percent)             9.25% 9.25% 7.875% 7.875% 7.125% 7.125%                                     9.25% 7.875% 7.125%    
Proceeds from issuance of debt $ 375,745,000 $ 142,585,000                                 $ 300,000,000                                
Maximum borrowing capacity           150,000,000                             225,000,000                            
Maximum borrowing capacity                                                           75,000,000          
Additional Borrowings         36,700,000                           100,000,000                                
Number of hotel properties remain unencumbered 92                                     20                              
Variable rate basis                                           1, 2, 3, or 6-month LIBOR     base rate     federal funds 1-month LIBOR            
Interest rate margin on variable rate basis (as a percent)                                             1.75% 2.50%   0.75% 1.50% 0.50% 1.00%            
Unused fees payable, if unused portion of the credit facility is equal to or greater than 50% (as a percent)                                     0.30%                                
Unused fees payable, if unused portion of the credit facility is less that 50% (as a percent)                                     0.20%                                
Threshold for determining unused fees payable (as a percent)                                     0.50%                                
Interest rate (as a percent)                                 4.10%                                    
Debt paid off 321,636,000 80,542,000                             10,300,000                                    
Prepayment penalties                                   100,000                                  
Purchase Price     $ 30,900,000 $ 414,175,000                     $ 15,700,000 $ 15,200,000