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HOTEL PROPERTY ACQUISITIONS (Details 4) (All 2012 and 2013 Acquisitions, USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
All 2012 and 2013 Acquisitions
   
Hotel property acquisitions    
Revenues $ 328,595 $ 310,928
Net income $ 16,701 $ 35,202
Net income per share attributable to common shareholders - basic and diluted (in dollars per share) $ 0.03 $ 0.75