XML 48 R59.htm IDEA: XBRL DOCUMENT v2.4.1.9
SUBSEQUENT EVENTS (Details) (USD $)
 3 Months Ended 0 Months Ended 12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Apr. 13, 2015
Apr. 07, 2015
property
Apr. 21, 2015
Apr. 24, 2015
Apr. 30, 2015
Apr. 02, 2014
Dec. 31, 2014
Subsequent events                  
Debt paid off $ 22,759,000us-gaap_RepaymentsOfDebt $ 2,364,000us-gaap_RepaymentsOfDebt              
Loan commitments 628,773,000us-gaap_LongTermDebt               626,533,000us-gaap_LongTermDebt
Subsequent Event | $225 Million Revolver                  
Subsequent events                  
Maximum borrowing capacity       225,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= inn_RevolvingCreditFacilityDue10October2017Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		          
Amount available for borrowing         199,200,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= inn_RevolvingCreditFacilityDue10October2017Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		        
Subsequent Event | Hotel properties | Minneapolis, MN | Hampton Inn & Suites                  
Subsequent events                  
Number of guestrooms     211us-gaap_NumberOfUnitsInRealEstateProperty
/ us-gaap_BusinessAcquisitionAxis
= inn_HotelPropertiesMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= inn_HamptonInnAndSuitesMember
/ us-gaap_StatementGeographicalAxis
= inn_MinneapolisMinnesotaMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		            
Purchase Price     39,000,000us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_BusinessAcquisitionAxis
= inn_HotelPropertiesMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= inn_HamptonInnAndSuitesMember
/ us-gaap_StatementGeographicalAxis
= inn_MinneapolisMinnesotaMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		            
Subsequent Event | Unsecured term loan                  
Subsequent events                  
Loan amount       125,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		          
Accordion feature additional commitment       75,000,000inn_DebtInstrumentAdditionalLenderCommitment
/ us-gaap_DebtInstrumentAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		          
Number of Real Estate Properties Unencumbered       39inn_NumberOfRealEstatePropertiesUnencumbered
/ us-gaap_DebtInstrumentAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		          
Repayment term, subject to prepayment fees       2 years          
Loan commitments         140,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		        
Subsequent Event | Unsecured term loan | $225 Million Revolver                  
Subsequent events                  
Debt paid off       $ 125,000,000us-gaap_RepaymentsOfDebt
/ us-gaap_CreditFacilityAxis
= inn_RevolvingCreditFacilityDue10October2017Member
/ us-gaap_DebtInstrumentAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		 $ 15,000,000us-gaap_RepaymentsOfDebt
/ us-gaap_CreditFacilityAxis
= inn_RevolvingCreditFacilityDue10October2017Member
/ us-gaap_DebtInstrumentAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		        
Subsequent Event | Unsecured term loan | LIBOR                  
Subsequent events                  
Variable rate basis       LIBOR          
Interest rate percentage           2.12%us-gaap_LineOfCreditFacilityInterestRateDuringPeriod
/ us-gaap_DebtInstrumentAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember		      
Subsequent Event | Unsecured term loan | Prime rate                  
Subsequent events                  
Variable rate basis       prime rate          
Subsequent Event | Common Stock                  
Subsequent events                  
Common units redeemed               95,646us-gaap_ConversionOfStockSharesConverted1
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		  
Cash dividends declared, common stock (in dollars per share)             $ 0.1175us-gaap_CommonStockDividendsPerShareDeclared
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		    
9.25% Series A Preferred Stock                  
Subsequent events                  
Preferred stock, dividend rate (as a percent) 9.25%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember		               9.25%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
9.25% Series A Preferred Stock | Subsequent Event                  
Subsequent events                  
Cash dividends declared, preferred stock (in dollars per share)             $ 0.578125us-gaap_PreferredStockDividendsPerShareDeclared
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		    
7.875% Series B Preferred Stock                  
Subsequent events                  
Preferred stock, dividend rate (as a percent) 7.875%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember		               7.875%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
7.875% Series B Preferred Stock | Subsequent Event                  
Subsequent events                  
Cash dividends declared, preferred stock (in dollars per share)             $ 0.4921875us-gaap_PreferredStockDividendsPerShareDeclared
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember		    
7.125% Series C Preferred Stock                  
Subsequent events                  
Preferred stock, dividend rate (as a percent) 7.125%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember		               7.125%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
7.125% Series C Preferred Stock | Subsequent Event                  
Subsequent events                  
Cash dividends declared, preferred stock (in dollars per share)             $ 0.4453125us-gaap_PreferredStockDividendsPerShareDeclared
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember