Investment in Hotel Properties (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Investment in hotel properties
Investment in hotel properties at cost	$ 1,551,426	$ 1,315,421
Less accumulated depreciation	(208,227)	(165,454)
Investment in hotel properties, net	1,343,199	1,149,967
Land
Investment in hotel properties
Investment in hotel properties at cost	163,578	154,831
Hotel buildings and improvements
Investment in hotel properties
Investment in hotel properties at cost	1,202,645	993,372
Construction in progress
Investment in hotel properties
Investment in hotel properties at cost	6,763	24,242
Furniture, fixtures and equipment
Investment in hotel properties
Investment in hotel properties at cost	$ 178,440	$ 142,976

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The cumulative amount of depreciation for real estate property held for investment purposes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.1(3))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 1

-Article 7

+ Details

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- Definition

Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.

+ References

+ Details

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- Definition

Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.

+ References

+ Details

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