Schedule III - Real Estate and Accumulated Depreciation (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Initial Cost
Land	$ 173,053
Building & Improvements	1,231,841
Cost Capitalized Subsequent to Acquisition	122,674
Total Cost
Land	173,053
Building & Improvements	1,354,516
Total	1,527,569	1,349,088	901,207	645,339
Accumulated Depreciation	(179,671)	(173,149)	(146,207)	(126,168)
Total Cost Net of Accumulated Depreciation	1,347,898
Debt	426,533
Land Parcels
Initial Cost
Land	6,675
Total Cost
Land	6,675
Total	6,675
Total Cost Net of Accumulated Depreciation	6,675
Arlington, TX | Hyatt Place
Initial Cost
Land	650
Building & Improvements	8,405
Cost Capitalized Subsequent to Acquisition	1,370
Total Cost
Land	650
Building & Improvements	9,775
Total	10,425
Accumulated Depreciation	(1,590)
Total Cost Net of Accumulated Depreciation	8,835
Debt	28,489
Arlington, TX | Courtyard by Marriott
Initial Cost
Land	1,497
Building & Improvements	13,503
Cost Capitalized Subsequent to Acquisition	50
Total Cost
Land	1,497
Building & Improvements	13,553
Total	15,050
Accumulated Depreciation	(1,202)
Total Cost Net of Accumulated Depreciation	13,848
Arlington, TX | Residence Inn by Marriott
Initial Cost
Land	1,646
Building & Improvements	13,854
Cost Capitalized Subsequent to Acquisition	107
Total Cost
Land	1,646
Building & Improvements	13,961
Total	15,607
Accumulated Depreciation	(1,338)
Total Cost Net of Accumulated Depreciation	14,269
Atlanta, GA | Hyatt Place
Initial Cost
Land	1,154
Building & Improvements	9,605
Cost Capitalized Subsequent to Acquisition	2,504
Total Cost
Land	1,154
Building & Improvements	12,109
Total	13,263
Accumulated Depreciation	(2,700)
Total Cost Net of Accumulated Depreciation	10,563
Debt	7,104
Atlanta, GA | Courtyard by Marriott
Initial Cost
Land	2,050
Building & Improvements	26,850
Cost Capitalized Subsequent to Acquisition	506
Total Cost
Land	2,050
Building & Improvements	27,356
Total	29,406
Accumulated Depreciation	(2,905)
Total Cost Net of Accumulated Depreciation	26,501
Austin, TX | Hampton Inn & Suites
Initial Cost
Building & Improvements	53,760
Cost Capitalized Subsequent to Acquisition	272
Total Cost
Building & Improvements	54,032
Total	54,032
Accumulated Depreciation	(403)
Total Cost Net of Accumulated Depreciation	53,629
Austin, TX | Corporate Office
Initial Cost
Building & Improvements	210
Cost Capitalized Subsequent to Acquisition	1,014
Total Cost
Building & Improvements	1,224
Total	1,224
Accumulated Depreciation	(186)
Total Cost Net of Accumulated Depreciation	1,038
Baltimore, MD | Hyatt Place
Initial Cost
Land	2,100
Building & Improvements	8,135
Cost Capitalized Subsequent to Acquisition	1,555
Total Cost
Land	2,100
Building & Improvements	9,690
Total	11,790
Accumulated Depreciation	(1,238)
Total Cost Net of Accumulated Depreciation	10,552
Debt	22,061
Baton Rouge, LA | Double Tree by Hilton
Initial Cost
Land	1,100
Building & Improvements	14,063
Cost Capitalized Subsequent to Acquisition	(1,883)
Total Cost
Land	1,100
Building & Improvements	12,230
Total	13,330
Accumulated Depreciation	(2,144)
Total Cost Net of Accumulated Depreciation	11,186
Debt	9,775
Baton Rouge, LA | Fairfield Inn & Suites by Marriott
Initial Cost
Land	345
Building & Improvements	3,057
Cost Capitalized Subsequent to Acquisition	2,170
Total Cost
Land	345
Building & Improvements	5,227
Total	5,572
Accumulated Depreciation	(1,695)
Total Cost Net of Accumulated Depreciation	3,877
Baton Rouge, LA | Springhill Suites by Marriott
Initial Cost
Land	448
Building & Improvements	3,729
Cost Capitalized Subsequent to Acquisition	2,037
Total Cost
Land	448
Building & Improvements	5,766
Total	6,214
Accumulated Depreciation	(1,818)
Total Cost Net of Accumulated Depreciation	4,396
Baton Rouge, LA | TownePlace Suites
Initial Cost
Land	259
Building & Improvements	3,743
Cost Capitalized Subsequent to Acquisition	1,843
Total Cost
Land	259
Building & Improvements	5,586
Total	5,845
Accumulated Depreciation	(1,723)
Total Cost Net of Accumulated Depreciation	4,122
Bellevue, WA | Fairfield Inn & Suites by Marriott
Initial Cost
Land	2,705
Building & Improvements	12,944
Cost Capitalized Subsequent to Acquisition	3,141
Total Cost
Land	2,705
Building & Improvements	16,085
Total	18,790
Accumulated Depreciation	(5,546)
Total Cost Net of Accumulated Depreciation	13,244
Birmingham (Liberty Park), AL | Hilton Garden Inn
Initial Cost
Land	1,400
Building & Improvements	10,100
Cost Capitalized Subsequent to Acquisition	1,020
Total Cost
Land	1,400
Building & Improvements	11,120
Total	12,520
Accumulated Depreciation	(1,434)
Total Cost Net of Accumulated Depreciation	11,086
Debt	6,167
Birmingham (Lakeshore), AL | Hilton Garden Inn
Initial Cost
Land	1,400
Building & Improvements	7,225
Cost Capitalized Subsequent to Acquisition	1,760
Total Cost
Land	1,400
Building & Improvements	8,985
Total	10,385
Accumulated Depreciation	(1,543)
Total Cost Net of Accumulated Depreciation	8,842
Debt	5,266
Bloomington, MN | Springhill Suites by Marriott
Initial Cost
Land	1,658
Building & Improvements	14,071
Cost Capitalized Subsequent to Acquisition	782
Total Cost
Land	1,658
Building & Improvements	14,853
Total	16,511
Accumulated Depreciation	(2,771)
Total Cost Net of Accumulated Depreciation	13,740
Debt	13,787
Bloomington, MN | Hampton Inn & Suites
Initial Cost
Land	1,658
Building & Improvements	14,596
Cost Capitalized Subsequent to Acquisition	699
Total Cost
Land	1,658
Building & Improvements	15,295
Total	16,953
Accumulated Depreciation	(2,887)
Total Cost Net of Accumulated Depreciation	14,066
Charleston, WV | Country Inn & Suites
Initial Cost
Land	1,042
Building & Improvements	3,489
Cost Capitalized Subsequent to Acquisition	1,581
Total Cost
Land	1,042
Building & Improvements	5,070
Total	6,112
Accumulated Depreciation	(1,473)
Total Cost Net of Accumulated Depreciation	4,639
Debt	95,322
Charleston, WV | Holiday Inn Express
Initial Cost
Land	907
Building & Improvements	2,903
Cost Capitalized Subsequent to Acquisition	2,109
Total Cost
Land	907
Building & Improvements	5,012
Total	5,919
Accumulated Depreciation	(1,705)
Total Cost Net of Accumulated Depreciation	4,214
Denver (Lone Tree), CO | Hyatt Place
Initial Cost
Land	1,300
Building & Improvements	9,230
Cost Capitalized Subsequent to Acquisition	2,409
Total Cost
Land	1,300
Building & Improvements	11,639
Total	12,939
Accumulated Depreciation	(1,672)
Total Cost Net of Accumulated Depreciation	11,267
Denver, CO | Fairfield Inn & Suites by Marriott
Initial Cost
Land	1,566
Building & Improvements	6,783
Cost Capitalized Subsequent to Acquisition	3,379
Total Cost
Land	1,566
Building & Improvements	10,162
Total	11,728
Accumulated Depreciation	(3,597)
Total Cost Net of Accumulated Depreciation	8,131
Denver, CO | Springhill Suites by Marriott
Initial Cost
Land	1,076
Building & Improvements	11,079
Cost Capitalized Subsequent to Acquisition	(1,564)
Total Cost
Land	1,076
Building & Improvements	9,515
Total	10,591
Accumulated Depreciation	(1,837)
Total Cost Net of Accumulated Depreciation	8,754
Debt	7,613
Denver (Englewood), CO | Hyatt Place
Initial Cost
Land	2,000
Building & Improvements	9,515
Cost Capitalized Subsequent to Acquisition	2,374
Total Cost
Land	2,000
Building & Improvements	11,889
Total	13,889
Accumulated Depreciation	(1,652)
Total Cost Net of Accumulated Depreciation	12,237
Denver (Englewood), CO | Hyatt House
Initial Cost
Land	2,700
Building & Improvements	10,780
Cost Capitalized Subsequent to Acquisition	3,656
Total Cost
Land	2,700
Building & Improvements	14,436
Total	17,136
Accumulated Depreciation	(1,293)
Total Cost Net of Accumulated Depreciation	15,843
Duluth, GA | Hilton Garden Inn
Initial Cost
Land	2,200
Building & Improvements	11,150
Cost Capitalized Subsequent to Acquisition	1,075
Total Cost
Land	2,200
Building & Improvements	12,225
Total	14,425
Accumulated Depreciation	(1,738)
Total Cost Net of Accumulated Depreciation	12,687
Duluth, GA | Holiday Inn
Initial Cost
Building & Improvements	7,000
Cost Capitalized Subsequent to Acquisition	330
Total Cost
Building & Improvements	7,330
Total	7,330
Accumulated Depreciation	(1,224)
Total Cost Net of Accumulated Depreciation	6,106
Minneapolis (Eden Prairie), MN | Hilton Garden Inn
Initial Cost
Land	1,800
Building & Improvements	8,400
Cost Capitalized Subsequent to Acquisition	2,453
Total Cost
Land	1,800
Building & Improvements	10,853
Total	12,653
Accumulated Depreciation	(724)
Total Cost Net of Accumulated Depreciation	11,929
Debt	6,038
ElPaso, TX | Courtyard by Marriott
Initial Cost
Land	1,640
Building & Improvements	10,710
Cost Capitalized Subsequent to Acquisition	878
Total Cost
Land	1,640
Building & Improvements	11,588
Total	13,228
Accumulated Depreciation	(1,688)
Total Cost Net of Accumulated Depreciation	11,540
ElPaso, TX | Hampton Inn & Suites
Initial Cost
Land	2,055
Building & Improvements	10,745
Cost Capitalized Subsequent to Acquisition	2,684
Total Cost
Land	2,055
Building & Improvements	13,429
Total	15,484
Accumulated Depreciation	(4,116)
Total Cost Net of Accumulated Depreciation	11,368
Flagstaff, AZ | Courtyard by Marriott
Initial Cost
Land	2,361
Building & Improvements	20,785
Cost Capitalized Subsequent to Acquisition	(2,864)
Total Cost
Land	2,361
Building & Improvements	17,921
Total	20,282
Accumulated Depreciation	(2,568)
Total Cost Net of Accumulated Depreciation	17,714
Debt	12,505
Flagstaff, AZ | Springhill Suites by Marriott
Initial Cost
Land	1,398
Building & Improvements	9,352
Cost Capitalized Subsequent to Acquisition	4,897
Total Cost
Land	1,398
Building & Improvements	14,249
Total	15,647
Accumulated Depreciation	(4,921)
Total Cost Net of Accumulated Depreciation	10,726
Ft. Collins, CO | Hilton Garden Inn
Initial Cost
Land	1,300
Building & Improvements	11,804
Cost Capitalized Subsequent to Acquisition	(840)
Total Cost
Land	1,300
Building & Improvements	10,964
Total	12,264
Accumulated Depreciation	(1,722)
Total Cost Net of Accumulated Depreciation	10,542
Ft. Collins, CO | Hampton Inn
Initial Cost
Land	738
Building & Improvements	4,363
Cost Capitalized Subsequent to Acquisition	1,610
Total Cost
Land	738
Building & Improvements	5,973
Total	6,711
Accumulated Depreciation	(1,859)
Total Cost Net of Accumulated Depreciation	4,852
Ft. Myers, FL | Hyatt Place
Initial Cost
Land	1,878
Building & Improvements	16,583
Cost Capitalized Subsequent to Acquisition	(3,870)
Total Cost
Land	1,878
Building & Improvements	12,713
Total	14,591
Accumulated Depreciation	(1,813)
Total Cost Net of Accumulated Depreciation	12,778
Ft. Wayne, IN | Residence Inn by Marriott
Initial Cost
Land	914
Building & Improvements	6,736
Cost Capitalized Subsequent to Acquisition	2,518
Total Cost
Land	914
Building & Improvements	9,254
Total	10,168
Accumulated Depreciation	(1,794)
Total Cost Net of Accumulated Depreciation	8,374
Ft. Wayne, IN | Hampton Inn & Suites
Initial Cost
Land	786
Building & Improvements	6,564
Cost Capitalized Subsequent to Acquisition	1,732
Total Cost
Land	786
Building & Improvements	8,296
Total	9,082
Accumulated Depreciation	(2,623)
Total Cost Net of Accumulated Depreciation	6,459
Ft. Worth, TX | Springhill Suites by Marriott
Initial Cost
Land	553
Building & Improvements	2,698
Cost Capitalized Subsequent to Acquisition	2,827
Total Cost
Land	553
Building & Improvements	5,525
Total	6,078
Accumulated Depreciation	(1,700)
Total Cost Net of Accumulated Depreciation	4,378
Ft. Worth, TX | Hilton Garden Inn
Initial Cost
Land	903
Building & Improvements	6,226
Cost Capitalized Subsequent to Acquisition	3,134
Total Cost
Land	903
Building & Improvements	9,360
Total	10,263
Accumulated Depreciation	(1,043)
Total Cost Net of Accumulated Depreciation	9,220
Ft. Worth, TX | Hampton Inn
Initial Cost
Land	1,500
Building & Improvements	8,184
Cost Capitalized Subsequent to Acquisition	1,263
Total Cost
Land	1,500
Building & Improvements	9,447
Total	10,947
Accumulated Depreciation	(2,670)
Total Cost Net of Accumulated Depreciation	8,277
Debt	24,637
Long Island (Garden City), NY | Hyatt Place
Initial Cost
Land	4,200
Building & Improvements	26,800
Cost Capitalized Subsequent to Acquisition	69
Total Cost
Land	4,200
Building & Improvements	26,869
Total	31,069
Accumulated Depreciation	(1,789)
Total Cost Net of Accumulated Depreciation	29,280
Germantown, TN | Courtyard by Marriott
Initial Cost
Land	1,860
Building & Improvements	5,448
Cost Capitalized Subsequent to Acquisition	2,409
Total Cost
Land	1,860
Building & Improvements	7,857
Total	9,717
Accumulated Depreciation	(2,627)
Total Cost Net of Accumulated Depreciation	7,090
Germantown, TN | Residence Inn by Marriott
Initial Cost
Land	1,083
Building & Improvements	5,200
Cost Capitalized Subsequent to Acquisition	2,273
Total Cost
Land	1,083
Building & Improvements	7,473
Total	8,556
Accumulated Depreciation	(1,892)
Total Cost Net of Accumulated Depreciation	6,664
Germantown, TN | Fairfield Inn & Suites by Marriott
Initial Cost
Land	767
Building & Improvements	2,700
Cost Capitalized Subsequent to Acquisition	2,124
Total Cost
Land	767
Building & Improvements	4,824
Total	5,591
Accumulated Depreciation	(1,077)
Total Cost Net of Accumulated Depreciation	4,514
Glendale, CO | Staybridge Suites
Initial Cost
Land	2,100
Building & Improvements	7,900
Cost Capitalized Subsequent to Acquisition	1,682
Total Cost
Land	2,100
Building & Improvements	9,582
Total	11,682
Accumulated Depreciation	(1,557)
Total Cost Net of Accumulated Depreciation	10,125
Santa Barbara (Goleta), CA | Hampton Inn
Initial Cost
Land	4,100
Building & Improvements	23,800
Cost Capitalized Subsequent to Acquisition	521
Total Cost
Land	4,100
Building & Improvements	24,321
Total	28,421
Accumulated Depreciation	(1,132)
Total Cost Net of Accumulated Depreciation	27,289
Debt	11,819
Greenville, SC | Hilton Garden Inn
Initial Cost
Land	1,200
Building & Improvements	14,050
Cost Capitalized Subsequent to Acquisition	187
Total Cost
Land	1,200
Building & Improvements	14,237
Total	15,437
Accumulated Depreciation	(917)
Total Cost Net of Accumulated Depreciation	14,520
Chicago (Hoffman Estates), IL | Hyatt Place
Initial Cost
Land	1,900
Building & Improvements	7,330
Cost Capitalized Subsequent to Acquisition	1,088
Total Cost
Land	1,900
Building & Improvements	8,418
Total	10,318
Accumulated Depreciation	(1,034)
Total Cost Net of Accumulated Depreciation	9,284
Debt	21,403
Houston (Energy Corridor), TX | Hilton Garden Inn
Initial Cost
Building & Improvements	38,492
Cost Capitalized Subsequent to Acquisition	1,682
Total Cost
Building & Improvements	40,174
Total	40,174
Accumulated Depreciation	(1,299)
Total Cost Net of Accumulated Depreciation	38,875
Debt	17,536
Houston, TX | Hilton Garden Inn
Initial Cost
Land	2,800
Building & Improvements	33,200
Cost Capitalized Subsequent to Acquisition	52
Total Cost
Land	2,800
Building & Improvements	33,252
Total	36,052
Accumulated Depreciation	(330)
Total Cost Net of Accumulated Depreciation	35,722
Indianapolis, IN | Courtyard by Marriott
Initial Cost
Land	7,788
Building & Improvements	50,846
Cost Capitalized Subsequent to Acquisition	63
Total Cost
Land	7,788
Building & Improvements	50,909
Total	58,697
Accumulated Depreciation	(2,977)
Total Cost Net of Accumulated Depreciation	55,720
Indianapolis, IN | Springhill Suites by Marriott
Initial Cost
Land	4,012
Building & Improvements	26,193
Cost Capitalized Subsequent to Acquisition	32
Total Cost
Land	4,012
Building & Improvements	26,225
Total	30,237
Accumulated Depreciation	(1,534)
Total Cost Net of Accumulated Depreciation	28,703
Jackson, MS | Courtyard by Marriott
Initial Cost
Land	1,301
Building & Improvements	7,322
Cost Capitalized Subsequent to Acquisition	2,424
Total Cost
Land	1,301
Building & Improvements	9,746
Total	11,047
Accumulated Depreciation	(3,498)
Total Cost Net of Accumulated Depreciation	7,549
Jackson, MS | Staybridge Suites
Initial Cost
Land	698
Building & Improvements	8,454
Cost Capitalized Subsequent to Acquisition	2,288
Total Cost
Land	698
Building & Improvements	10,742
Total	11,440
Accumulated Depreciation	(2,829)
Total Cost Net of Accumulated Depreciation	8,611
Jacksonville, FL | Aloft
Initial Cost
Land	1,700
Building & Improvements	15,775
Cost Capitalized Subsequent to Acquisition	268
Total Cost
Land	1,700
Building & Improvements	16,043
Total	17,743
Accumulated Depreciation	(5,148)
Total Cost Net of Accumulated Depreciation	12,595
Las Colinas, TX | Hyatt Place
Initial Cost
Land	781
Building & Improvements	5,729
Cost Capitalized Subsequent to Acquisition	2,696
Total Cost
Land	781
Building & Improvements	8,425
Total	9,206
Accumulated Depreciation	(2,772)
Total Cost Net of Accumulated Depreciation	6,434
Las Colinas, TX | Holiday Inn Express & Suites
Initial Cost
Land	898
Building & Improvements	6,689
Cost Capitalized Subsequent to Acquisition	1,385
Total Cost
Land	898
Building & Improvements	8,074
Total	8,972
Accumulated Depreciation	(3,127)
Total Cost Net of Accumulated Depreciation	5,845
Lombard, IL | Hyatt Place
Initial Cost
Land	1,550
Building & Improvements	15,475
Cost Capitalized Subsequent to Acquisition	1,679
Total Cost
Land	1,550
Building & Improvements	17,154
Total	18,704
Accumulated Depreciation	(2,143)
Total Cost Net of Accumulated Depreciation	16,561
Louisville, KY | Fairfield Inn & Suites by Marriott
Initial Cost
Land	3,120
Building & Improvements	21,903
Cost Capitalized Subsequent to Acquisition	1,924
Total Cost
Land	3,120
Building & Improvements	23,827
Total	26,947
Accumulated Depreciation	(1,392)
Total Cost Net of Accumulated Depreciation	25,555
Debt	37,939
Louisville, KY | Springhill Suites by Marriott
Initial Cost
Land	4,880
Building & Improvements	34,258
Cost Capitalized Subsequent to Acquisition	2,656
Total Cost
Land	4,880
Building & Improvements	36,914
Total	41,794
Accumulated Depreciation	(2,176)
Total Cost Net of Accumulated Depreciation	39,618
Medford, OR | Hampton Inn
Initial Cost
Land	1,230
Building & Improvements	4,788
Cost Capitalized Subsequent to Acquisition	1,625
Total Cost
Land	1,230
Building & Improvements	6,413
Total	7,643
Accumulated Depreciation	(1,651)
Total Cost Net of Accumulated Depreciation	5,992
Minneapolis, MN | Hyatt Place
Initial Cost
Building & Improvements	32,506
Cost Capitalized Subsequent to Acquisition	3
Total Cost
Building & Improvements	32,509
Total	32,509
Accumulated Depreciation	(1,303)
Total Cost Net of Accumulated Depreciation	31,206
Minneapolis (Minnetonka), MN | Holiday Inn Express & Suites
Initial Cost
Land	1,000
Building & Improvements	5,900
Cost Capitalized Subsequent to Acquisition	1,674
Total Cost
Land	1,000
Building & Improvements	7,574
Total	8,574
Accumulated Depreciation	(650)
Total Cost Net of Accumulated Depreciation	7,924
Debt	3,523
Nashville, TN | Springhill Suites by Marriott
Initial Cost
Land	777
Building & Improvements	3,576
Cost Capitalized Subsequent to Acquisition	1,713
Total Cost
Land	777
Building & Improvements	5,289
Total	6,066
Accumulated Depreciation	(1,776)
Total Cost Net of Accumulated Depreciation	4,290
New Orleans (French Quarter), LA | Courtyard by Marriott
Initial Cost
Land	1,944
Building & Improvements	23,739
Cost Capitalized Subsequent to Acquisition	207
Total Cost
Land	1,944
Building & Improvements	23,946
Total	25,890
Accumulated Depreciation	(2,197)
Total Cost Net of Accumulated Depreciation	23,693
New Orleans (Metairie), LA | Courtyard by Marriott
Initial Cost
Land	1,860
Building & Improvements	21,679
Cost Capitalized Subsequent to Acquisition	3,108
Total Cost
Land	1,860
Building & Improvements	24,787
Total	26,647
Accumulated Depreciation	(2,002)
Total Cost Net of Accumulated Depreciation	24,645
New Orleans (Metairie), LA | Residence Inn by Marriott
Initial Cost
Land	1,790
Building & Improvements	18,099
Cost Capitalized Subsequent to Acquisition	362
Total Cost
Land	1,790
Building & Improvements	18,462
Total	20,252
Accumulated Depreciation	(1,481)
Total Cost Net of Accumulated Depreciation	18,771
New Orleans (Convention), LA | Courtyard by Marriott
Initial Cost
Land	2,490
Building & Improvements	28,337
Cost Capitalized Subsequent to Acquisition	2,626
Total Cost
Land	2,490
Building & Improvements	30,963
Total	33,453
Accumulated Depreciation	(2,592)
Total Cost Net of Accumulated Depreciation	30,861
New Orleans, LA | Springhill Suites by Marriott
Initial Cost
Land	2,046
Building & Improvements	31,049
Cost Capitalized Subsequent to Acquisition	207
Total Cost
Land	2,046
Building & Improvements	31,256
Total	33,302
Accumulated Depreciation	(2,261)
Total Cost Net of Accumulated Depreciation	31,041
Orlando (Convention), FL | Hyatt Place
Initial Cost
Land	3,100
Building & Improvements	9,152
Cost Capitalized Subsequent to Acquisition	2,024
Total Cost
Land	3,100
Building & Improvements	11,176
Total	14,276
Accumulated Depreciation	(2,003)
Total Cost Net of Accumulated Depreciation	12,273
Orlando (Universal), FL | Hyatt Place
Initial Cost
Land	5,516
Building & Improvements	9,043
Cost Capitalized Subsequent to Acquisition	2,045
Total Cost
Land	5,516
Building & Improvements	11,088
Total	16,604
Accumulated Depreciation	(1,990)
Total Cost Net of Accumulated Depreciation	14,614
Phoenix, AZ | Hyatt Place
Initial Cost
Land	582
Building & Improvements	4,438
Cost Capitalized Subsequent to Acquisition	147
Total Cost
Land	582
Building & Improvements	4,585
Total	5,167
Accumulated Depreciation	(674)
Total Cost Net of Accumulated Depreciation	4,493
Portland, OR | Hyatt Place
Initial Cost
Building & Improvements	16,713
Cost Capitalized Subsequent to Acquisition	(3,594)
Total Cost
Building & Improvements	13,119
Total	13,119
Accumulated Depreciation	(1,862)
Total Cost Net of Accumulated Depreciation	11,257
Portland, OR | Residence Inn by Marriott
Initial Cost
Building & Improvements	16,409
Cost Capitalized Subsequent to Acquisition	697
Total Cost
Building & Improvements	17,106
Total	17,106
Accumulated Depreciation	(4,864)
Total Cost Net of Accumulated Depreciation	12,242
Debt	19,600
Provo, UT | Hampton Inn
Initial Cost
Land	909
Building & Improvements	2,862
Cost Capitalized Subsequent to Acquisition	2,106
Total Cost
Land	909
Building & Improvements	4,968
Total	5,877
Accumulated Depreciation	(1,740)
Total Cost Net of Accumulated Depreciation	4,137
Ridgeland, MS | Residence Inn by Marriott
Initial Cost
Land	1,050
Building & Improvements	10,040
Cost Capitalized Subsequent to Acquisition	(343)
Total Cost
Land	1,050
Building & Improvements	9,697
Total	10,747
Accumulated Depreciation	(1,734)
Total Cost Net of Accumulated Depreciation	9,013
Ridgeland, MS | Homewood Suites
Initial Cost
Land	1,314
Building & Improvements	6,036
Cost Capitalized Subsequent to Acquisition	1,580
Total Cost
Land	1,314
Building & Improvements	7,616
Total	8,930
Accumulated Depreciation	(1,414)
Total Cost Net of Accumulated Depreciation	7,516
Salt Lake City, UT | Residence Inn by Marriott
Initial Cost
Land	2,392
Building & Improvements	17,567
Cost Capitalized Subsequent to Acquisition	6,915
Total Cost
Land	2,392
Building & Improvements	24,482
Total	26,874
Accumulated Depreciation	(2,250)
Total Cost Net of Accumulated Depreciation	24,624
Debt	12,938
San Diego (Poway), CA | Hampton Inn & Suites
Initial Cost
Land	2,300
Building & Improvements	12,850
Cost Capitalized Subsequent to Acquisition	163
Total Cost
Land	2,300
Building & Improvements	13,013
Total	15,313
Accumulated Depreciation	(779)
Total Cost Net of Accumulated Depreciation	14,534
San Francisco, CA | Double Tree by Hilton
Initial Cost
Land	3,300
Building & Improvements	35,760
Cost Capitalized Subsequent to Acquisition	1,618
Total Cost
Land	3,300
Building & Improvements	37,378
Total	40,678
Accumulated Depreciation	(1,881)
Total Cost Net of Accumulated Depreciation	38,797
Debt	13,085
San Francisco, CA | Four Points by Sheraton
Initial Cost
Land	1,200
Building & Improvements	20,050
Cost Capitalized Subsequent to Acquisition	768
Total Cost
Land	1,200
Building & Improvements	20,818
Total	22,018
Accumulated Depreciation	(1,065)
Total Cost Net of Accumulated Depreciation	20,953
San Francisco, CA | Holiday Inn Express & Suites
Initial Cost
Land	15,545
Building & Improvements	44,955
Cost Capitalized Subsequent to Acquisition	4,323
Total Cost
Land	15,545
Building & Improvements	49,278
Total	64,823
Accumulated Depreciation	(3,924)
Total Cost Net of Accumulated Depreciation	60,899
Debt	22,711
Sandy, UT | Holiday Inn Express & Suites
Initial Cost
Land	720
Building & Improvements	1,768
Cost Capitalized Subsequent to Acquisition	1,280
Total Cost
Land	720
Building & Improvements	3,048
Total	3,768
Accumulated Depreciation	(960)
Total Cost Net of Accumulated Depreciation	2,808
Scottsdale, AZ | Hyatt Place
Initial Cost
Land	1,500
Building & Improvements	9,030
Cost Capitalized Subsequent to Acquisition	1,012
Total Cost
Land	1,500
Building & Improvements	10,042
Total	11,542
Accumulated Depreciation	(1,552)
Total Cost Net of Accumulated Depreciation	9,990
Scottsdale, AZ | Courtyard by Marriott
Initial Cost
Land	3,225
Building & Improvements	10,152
Cost Capitalized Subsequent to Acquisition	2,254
Total Cost
Land	3,225
Building & Improvements	12,406
Total	15,631
Accumulated Depreciation	(4,043)
Total Cost Net of Accumulated Depreciation	11,588
Debt	9,300
Scottsdale, AZ | Springhill Suites by Marriott
Initial Cost
Land	2,195
Building & Improvements	7,120
Cost Capitalized Subsequent to Acquisition	2,314
Total Cost
Land	2,195
Building & Improvements	9,434
Total	11,629
Accumulated Depreciation	(3,216)
Total Cost Net of Accumulated Depreciation	8,413
Debt	5,007
Smyrna, TN | Hilton Garden Inn
Initial Cost
Land	1,188
Building & Improvements	10,312
Cost Capitalized Subsequent to Acquisition	872
Total Cost
Land	1,188
Building & Improvements	11,184
Total	12,372
Accumulated Depreciation	(1,085)
Total Cost Net of Accumulated Depreciation	11,287
Debt	8,157
Smyrna, TN | Hampton Inn & Suites
Initial Cost
Land	1,145
Building & Improvements	6,855
Cost Capitalized Subsequent to Acquisition	787
Total Cost
Land	1,145
Building & Improvements	7,642
Total	8,787
Accumulated Depreciation	(731)
Total Cost Net of Accumulated Depreciation	8,056
Debt	5,151
Spokane, WA | Fairfield Inn & Suites by Marriott
Initial Cost
Land	1,637
Building & Improvements	3,669
Cost Capitalized Subsequent to Acquisition	2,263
Total Cost
Land	1,637
Building & Improvements	5,932
Total	7,569
Accumulated Depreciation	(2,340)
Total Cost Net of Accumulated Depreciation	5,229
Ventura (Camarillo), CA | Hampton Inn & Suites
Initial Cost
Land	2,200
Building & Improvements	13,550
Cost Capitalized Subsequent to Acquisition	1,535
Total Cost
Land	2,200
Building & Improvements	15,085
Total	17,285
Accumulated Depreciation	(663)
Total Cost Net of Accumulated Depreciation	16,622
Vernon Hills, IL | Holiday Inn Express
Initial Cost
Land	1,198
Building & Improvements	6,099
Cost Capitalized Subsequent to Acquisition	203
Total Cost
Land	1,198
Building & Improvements	6,302
Total	7,500
Accumulated Depreciation	(1,825)
Total Cost Net of Accumulated Depreciation	5,675
Ybor City, FL | Hampton Inn & Suites
Initial Cost
Land	3,600
Building & Improvements	17,244
Cost Capitalized Subsequent to Acquisition	1,911
Total Cost
Land	3,600
Building & Improvements	19,155
Total	22,755
Accumulated Depreciation	(1,358)
Total Cost Net of Accumulated Depreciation	$ 21,397