XML 43 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
DEBT (Details 3) (USD $)
0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended
Mar. 31, 2014
guestroom
Dec. 31, 2013
Mar. 31, 2014
Term loans
Mar. 28, 2014
Mortgage loan with GE Capital Financial Inc. at 5.39%, as amended
Mar. 28, 2014
Mortgage loan with General Electric Capital Corp due April 1, 2020, as amended
item
Mar. 31, 2014
Senior Unsecured Credit Facility
Mar. 31, 2014
Senior Unsecured Credit Facility
Standby letters of credit
Mar. 31, 2014
Senior Unsecured Credit Facility
$225 Million Revolver
Mar. 31, 2014
Senior Unsecured Credit Facility
$75 Million Term Loan
Mar. 31, 2014
2014 acquisitions
Mortgage loan
Jan. 09, 2014
2014 acquisitions
Hilton Garden Inn
Houston, TX
guestroom
Jan. 09, 2014
2014 acquisitions
Hilton Garden Inn
Houston, TX
Mortgage loan
Mar. 31, 2014
2014 acquisitions
Hilton Garden Inn
Houston, TX
Mortgage loan
Jan. 10, 2014
2014 acquisitions
Hampton Inn
Santa Barbara (Goleta), CA
guestroom
Jan. 10, 2014
2014 acquisitions
Hampton Inn
Santa Barbara (Goleta), CA
Mortgage loan
Mar. 31, 2014
2014 acquisitions
Hampton Inn
Santa Barbara (Goleta), CA
Mortgage loan
Mar. 14, 2014
2014 acquisitions
DoubleTree by Hilton
San Francisco, CA
guestroom
Mar. 14, 2014
2014 acquisitions
DoubleTree by Hilton
San Francisco, CA
Mortgage loan
Mar. 31, 2014
2014 acquisitions
DoubleTree by Hilton
San Francisco, CA
Mortgage loan
Debt                                      
Maximum borrowing capacity           $ 300,000,000   $ 225,000,000 $ 75,000,000                    
Maximum increase in borrowing capacity available through accordion feature option           100,000,000                          
Debt outstanding 567,396,000 435,589,000 476,400,000                                
Number of guestrooms 11,353                   182     98     210    
Assumption of debt                   43,172,000   17,900,000 17,846,000   12,000,000 12,037,000   13,300,000 13,289,000
Fixed interest rate (as a percent)       5.39% 5.39%             6.22%     6.133%     5.98%  
Amortization period                       30 years     25 years     30 years  
Number of loans         2                            
Line of credit outstanding           166,000,000 13,900,000                        
Amount available for borrowing           $ 120,100,000