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INVESTMENT IN HOTEL PROPERTIES UNDER DEVELOPMENT (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2013
Dec. 31, 2012
Investment in hotel properties under development      
Interest expense capitalized   $ 400 $ 53
Hyatt Place | Minneapolis, Minnesota
     
Investment in hotel properties under development      
Amount funded in the form of a first mortgage loan     20,300
Purchase Price 32,600    
Interest expense capitalized   $ 400 $ 100