CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 11,623,207	$ 10,537,132
Restricted cash	3,107,998	1,464,032
Trade receivables	6,946,025	3,424,630
Prepaid expenses and other	3,329,337	4,268,393
Land held for development	19,006,473	20,294,973
Assets held for sale	1,629,412
Property and equipment, net	558,546,155	498,876,238
Deferred charges and other assets, net	9,574,069	8,923,906
Deferred tax benefit	2,971,350	2,195,820
Other assets	4,758,390	4,019,870
TOTAL ASSETS	621,492,416	554,004,994
LIABILITIES
Accounts payable	1,933,060	1,670,994
Derivative liabilities	280,841
Liabilities related to assets held for sale	55,410
Accrued expenses	15,351,899	15,781,577
Mortgages and notes payable	298,432,922	217,103,728
TOTAL LIABILITIES	316,054,132	234,556,299
COMMITMENTS AND CONTINGENCIES
EQUITY
Preferred stock, $.01 par value per share, 100,000,000 shares authorized, 2,000,000 issued and outstanding	20,000	20,000
Common stock, $.01 par value per share, 450,000,000 shares authorized, 30,756,089 and 27,278,000 issued and outstanding, respectively	307,561	272,780
Additional paid-in capital	279,911,652	288,902,331
Accumulated other comprehensive income (loss)	(228,980)
Accumulated deficit and distributions	(21,666,806)	(11,020,151)
Total stockholders' equity	258,343,427	278,174,960
Noncontrolling interest	47,094,857	41,273,735
TOTAL EQUITY	305,438,284	319,448,695
Partners' equity:
TOTAL LIABILITIES AND EQUITY	621,492,416	554,004,994
SUMMIT HOTEL OP, LP
ASSETS
Cash and cash equivalents	11,623,207	10,537,132
Restricted cash	3,107,998	1,464,032
Trade receivables	6,946,025	3,424,630
Prepaid expenses and other	3,329,337	4,268,393
Land held for development	19,006,473	20,294,973
Assets held for sale	1,629,412
Property and equipment, net	558,546,155	498,876,238
Deferred charges and other assets, net	9,574,069	8,923,906
Deferred tax benefit	2,971,350	2,195,820
Other assets	4,758,390	4,019,870
TOTAL ASSETS	621,492,416	554,004,994
LIABILITIES
Accounts payable	1,933,060	1,670,994
Derivative liabilities	280,841
Liabilities related to assets held for sale	55,410
Accrued expenses	15,351,899	15,781,577
Mortgages and notes payable	298,432,922	217,103,728
TOTAL LIABILITIES	316,054,132	234,556,299
COMMITMENTS AND CONTINGENCIES
Partners' equity:
Summit Hotel Properties, Inc., 30,756,089 and 27,278,000 common units outstanding, respectively, and 2,000,000 preferred units outstanding	258,343,427	278,174,960
Unaffiliated limited partners, 6,829,938 and 10,100,000 common units outsanding, respectively	47,094,857	41,273,735
TOTAL EQUITY	305,438,284	319,448,695
TOTAL LIABILITIES AND EQUITY	$ 621,492,416	$ 554,004,994