INVESTMENT IN HOTEL PROPERTIES (Details) (USD $)	12 Months Ended
Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Investment in hotel properties
Investment in hotel properties at cost	$ 1,519,086,000	$ 1,315,421,000
Less accumulated depreciation	179,671,000	165,454,000
Investment in hotel properties, net	1,339,415,000us-gaap_RealEstateInvestmentPropertyNet	1,149,967,000us-gaap_RealEstateInvestmentPropertyNet
Depreciation expense	63,300,000us-gaap_Depreciation	48,900,000us-gaap_Depreciation	28,000,000us-gaap_Depreciation
Land
Investment in hotel properties
Investment in hotel properties at cost	164,570,000	154,831,000
Hotel building and improvements
Investment in hotel properties
Investment in hotel properties at cost	1,202,451,000	993,372,000
Construction in progress
Investment in hotel properties
Investment in hotel properties at cost	15,609,000	24,242,000
Furniture, fixtures and equipment
Investment in hotel properties
Investment in hotel properties at cost	$ 136,456,000	$ 142,976,000

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585

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- Definition

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

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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.

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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.

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