Investment In Hotel Properties (Tables)

12 Months Ended

Dec. 31, 2012

Investment in Hotel Properties

Investment in hotel properties at December 31, 2012 and 2011 include (in thousands):

	2012		2011
Land	$	105,571	$	76,846
Hotel buildings and improvements		649,699		444,377
Furniture, fixtures and equipment		124,385		103,821
		879,655		625,044
Less accumulated depreciation		145,293		126,168
	$	734,362	$	498,876