Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 10,287,841	$ 10,537,132
Restricted cash	4,275,143	1,464,032
Trade receivables	6,666,212	3,424,630
Prepaid expenses and other	4,390,302	4,268,393
Land held for development	19,006,473	20,294,973
Property and equipment, net	572,525,464	498,876,238
Deferred charges and other assets, net	8,986,646	8,923,906
Deferred tax benefit	2,708,849	2,195,820
Other assets	4,257,462	4,019,870
TOTAL ASSETS	633,104,392	554,004,994
LIABILITIES
Accounts payable	1,254,050	1,670,994
Derivative liabilities	522,564
Accrued expenses	17,723,139	15,781,577
Mortgages and notes payable	312,250,257	217,103,728
TOTAL LIABILITIES	331,750,010	234,556,299
COMMITMENTS AND CONTINGENCIES
EQUITY
Preferred stock, $.01 par value per share (liquidation preference of $50,385,417), 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, 31,501,219 and 27,278,000 issued and outstanding, respectively	315,012	272,780
Additional paid-in capital	285,168,804	288,902,331
Accumulated other comprehensive income (loss)	(430,921)
Accumulated deficit and distributions	(24,813,858)	(11,020,151)
Total stockholders' equity	260,259,037	278,174,960
Noncontrolling interest	41,095,345	41,273,735
TOTAL EQUITY	301,354,382	319,448,695
Partners' equity:
TOTAL LIABILITIES AND EQUITY	633,104,392	554,004,994
SUMMIT HOTEL OP, LP
ASSETS
Cash and cash equivalents	10,287,841	10,537,132
Restricted cash	4,275,143	1,464,032
Trade receivables	6,666,212	3,424,630
Prepaid expenses and other	4,390,302	4,268,393
Land held for development	19,006,473	20,294,973
Property and equipment, net	572,525,464	498,876,238
Deferred charges and other assets, net	8,986,646	8,923,906
Deferred tax benefit	2,708,849	2,195,820
Other assets	4,257,462	4,019,870
TOTAL ASSETS	633,104,392	554,004,994
LIABILITIES
Accounts payable	1,254,050	1,670,994
Derivative liabilities	522,564
Accrued expenses	17,723,139	15,781,577
Mortgages and notes payable	312,250,257	217,103,728
TOTAL LIABILITIES	331,750,010	234,556,299
COMMITMENTS AND CONTINGENCIES
Partners' equity:
Summit Hotel Properties, Inc., 31,501,219 and 27,278,000 common units outstanding, respectively, and 2,000,000 preferred units outstanding, (liquidation preference of $50,385,417)	260,259,037	278,174,960
Unaffiliated limited partners, 6,084,808 and 10,100,000 common units outstanding, respectively	41,095,345	41,273,735
TOTAL EQUITY	301,354,382	319,448,695
TOTAL LIABILITIES AND EQUITY	$ 633,104,392	$ 554,004,994