XML 47 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (Parenthetical) (USD $)
Sep. 30, 2012
Dec. 31, 2011
Preferred stock, par value $ 0.01 $ 0.01
Preferred stock, liquidation preference $ 50,385,417 $ 50,385,417
Preferred stock, shares authorized 100,000,000 100,000,000
Preferred stock, issued 2,000,000 2,000,000
Preferred stock, outstanding 2,000,000 2,000,000
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 450,000,000 450,000,000
Common stock, issued 31,501,219 27,278,000
Common stock, outstanding 31,501,219 27,278,000
SUMMIT HOTEL OP, LP
   
Summit Hotel Properties, Inc., common units outstanding 31,501,219 27,278,000
Summit Hotel Properties, Inc., preferred units outstanding 2,000,000 2,000,000
Preferred stock, liquidation preference $ 50,385,417 $ 50,385,417
Unaffiliated limited partners, common units outstanding 6,084,808 10,100,000