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Schedule III - Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Initial Cost        
Land $ 197,617      
Building & Improvements 1,493,697      
Cost Capitalized Subsequent to Acquisition 157,359      
Total Cost        
Land 195,072      
Building & Improvements 1,653,601      
Total 1,848,673 $ 1,683,803 $ 1,527,569 $ 1,349,088
Accumulated Depreciation (241,760) (212,207) $ (179,455) $ (173,149)
Total Cost Net of Accumulated Depreciation 1,606,913      
Debt 317,550      
Land parcels        
Initial Cost        
Land 8,105      
Building & Improvements 0      
Cost Capitalized Subsequent to Acquisition (2,545)      
Total Cost        
Land 5,560      
Building & Improvements 0      
Total 5,560      
Accumulated Depreciation 0      
Total Cost Net of Accumulated Depreciation 5,560      
Arlington, TX | Courtyard by Marriott        
Initial Cost        
Land 1,497      
Building & Improvements 13,503      
Cost Capitalized Subsequent to Acquisition 2,070      
Total Cost        
Land 1,497      
Building & Improvements 15,573      
Total 17,070      
Accumulated Depreciation (2,368)      
Total Cost Net of Accumulated Depreciation 14,702      
Arlington, TX | Hyatt Place        
Initial Cost        
Land 650      
Building & Improvements 8,405      
Cost Capitalized Subsequent to Acquisition 1,541      
Total Cost        
Land 650      
Building & Improvements 9,946      
Total 10,596      
Accumulated Depreciation (2,721)      
Total Cost Net of Accumulated Depreciation 7,875      
Debt 27,473      
Arlington, TX | Residence Inn        
Initial Cost        
Land 1,646      
Building & Improvements 13,854      
Cost Capitalized Subsequent to Acquisition 1,586      
Total Cost        
Land 1,646      
Building & Improvements 15,440      
Total 17,086      
Accumulated Depreciation (1,866)      
Total Cost Net of Accumulated Depreciation 15,220      
Asheville, NC | Hotel Indigo        
Initial Cost        
Land 2,100      
Building & Improvements 32,783      
Cost Capitalized Subsequent to Acquisition 1,972      
Total Cost        
Land 2,100      
Building & Improvements 34,755      
Total 36,855      
Accumulated Depreciation (1,924)      
Total Cost Net of Accumulated Depreciation 34,931      
Atlanta, GA | Courtyard by Marriott        
Initial Cost        
Land 2,050      
Building & Improvements 26,850      
Cost Capitalized Subsequent to Acquisition 1,119      
Total Cost        
Land 2,050      
Building & Improvements 27,969      
Total 30,019      
Accumulated Depreciation (4,934)      
Total Cost Net of Accumulated Depreciation 25,085      
Atlanta, GA | Hyatt Place        
Initial Cost        
Land 1,154      
Building & Improvements 9,605      
Cost Capitalized Subsequent to Acquisition 2,600      
Total Cost        
Land 1,154      
Building & Improvements 12,205      
Total 13,359      
Accumulated Depreciation (3,749)      
Total Cost Net of Accumulated Depreciation 9,610      
Debt 6,588      
Atlanta (Decatur), GA | Courtyard by Marriott        
Initial Cost        
Land 4,046      
Building & Improvements 33,795      
Cost Capitalized Subsequent to Acquisition 356      
Total Cost        
Land 4,046      
Building & Improvements 34,151      
Total 38,197      
Accumulated Depreciation (1,799)      
Total Cost Net of Accumulated Depreciation 36,398      
Atlanta (Decatur), GA | Residence Inn        
Initial Cost        
Land 3,381      
Building & Improvements 34,619      
Cost Capitalized Subsequent to Acquisition 201      
Total Cost        
Land 3,381      
Building & Improvements 34,820      
Total 38,201      
Accumulated Depreciation (1,115)      
Total Cost Net of Accumulated Depreciation 37,086      
Austin, TX | Hampton Inn and Suites        
Initial Cost        
Land 0      
Building & Improvements 53,760      
Cost Capitalized Subsequent to Acquisition 2,634      
Total Cost        
Land 0      
Building & Improvements 56,394      
Total 56,394      
Accumulated Depreciation (4,250)      
Total Cost Net of Accumulated Depreciation 52,144      
Austin, TX | Corporate Office        
Initial Cost        
Land 0      
Building & Improvements 210      
Cost Capitalized Subsequent to Acquisition 3,482      
Total Cost        
Land 0      
Building & Improvements 3,692      
Total 3,692      
Accumulated Depreciation (472)      
Total Cost Net of Accumulated Depreciation 3,220      
Baltimore, MD | Hyatt Place        
Initial Cost        
Land 2,100      
Building & Improvements 8,135      
Cost Capitalized Subsequent to Acquisition 1,664      
Total Cost        
Land 2,100      
Building & Improvements 9,799      
Total 11,899      
Accumulated Depreciation (2,281)      
Total Cost Net of Accumulated Depreciation 9,618      
Debt 21,291      
Baltimore, MD | Residence Inn        
Initial Cost        
Land 0      
Building & Improvements 34,350      
Cost Capitalized Subsequent to Acquisition 1,086      
Total Cost        
Land 0      
Building & Improvements 35,436      
Total 35,436      
Accumulated Depreciation (1,863)      
Total Cost Net of Accumulated Depreciation 33,573      
Birmingham Liberty Park, AL | Hilton Garden Inn        
Initial Cost        
Land 1,400      
Building & Improvements 10,100      
Cost Capitalized Subsequent to Acquisition 1,921      
Total Cost        
Land 1,400      
Building & Improvements 12,021      
Total 13,421      
Accumulated Depreciation (2,404)      
Total Cost Net of Accumulated Depreciation 11,017      
Debt 5,910      
Birmingham Lakeshore, AL | Hilton Garden Inn        
Initial Cost        
Land 1,400      
Building & Improvements 7,225      
Cost Capitalized Subsequent to Acquisition 1,906      
Total Cost        
Land 1,400      
Building & Improvements 9,131      
Total 10,531      
Accumulated Depreciation (2,485)      
Total Cost Net of Accumulated Depreciation 8,046      
Debt 5,046      
Bloomington, MN | Hampton Inn and Suites        
Initial Cost        
Land 1,658      
Building & Improvements 14,596      
Cost Capitalized Subsequent to Acquisition 627      
Total Cost        
Land 1,658      
Building & Improvements 15,223      
Total 16,881      
Accumulated Depreciation (4,409)      
Total Cost Net of Accumulated Depreciation 12,472      
Bloomington, MN | SpringHill Suites        
Initial Cost        
Land 1,658      
Building & Improvements 14,071      
Cost Capitalized Subsequent to Acquisition 690      
Total Cost        
Land 1,658      
Building & Improvements 14,761      
Total 16,419      
Accumulated Depreciation (4,118)      
Total Cost Net of Accumulated Depreciation 12,301      
Boston (Norwood), MA | Hampton Inn        
Initial Cost        
Land 2,000      
Building & Improvements 22,000      
Cost Capitalized Subsequent to Acquisition 1,922      
Total Cost        
Land 2,000      
Building & Improvements 23,922      
Total 25,922      
Accumulated Depreciation (3,157)      
Total Cost Net of Accumulated Depreciation 22,765      
Boulder, CO | Marriott        
Initial Cost        
Land 11,115      
Building & Improvements 48,843      
Cost Capitalized Subsequent to Acquisition 361      
Total Cost        
Land 11,115      
Building & Improvements 49,204      
Total 60,319      
Accumulated Depreciation (800)      
Total Cost Net of Accumulated Depreciation 59,519      
Branchburg, NJ | Residence Inn        
Initial Cost        
Land 2,374      
Building & Improvements 23,326      
Cost Capitalized Subsequent to Acquisition 1,085      
Total Cost        
Land 2,374      
Building & Improvements 24,411      
Total 26,785      
Accumulated Depreciation (1,316)      
Total Cost Net of Accumulated Depreciation 25,469      
Charleston, WV | Country Inn and Suites        
Initial Cost        
Land 1,042      
Building & Improvements 3,489      
Cost Capitalized Subsequent to Acquisition 1,686      
Total Cost        
Land 1,042      
Building & Improvements 5,175      
Total 6,217      
Accumulated Depreciation (2,140)      
Total Cost Net of Accumulated Depreciation 4,077      
Charleston, WV | Holiday Inn Express        
Initial Cost        
Land 907      
Building & Improvements 2,903      
Cost Capitalized Subsequent to Acquisition 2,150      
Total Cost        
Land 907      
Building & Improvements 5,053      
Total 5,960      
Accumulated Depreciation (2,351)      
Total Cost Net of Accumulated Depreciation 3,609      
Chicago (Hoffman Estates), IL | Hyatt Place        
Initial Cost        
Land 5,395      
Building & Improvements 68,355      
Cost Capitalized Subsequent to Acquisition 0      
Total Cost        
Land 5,395      
Building & Improvements 68,355      
Total 73,750      
Accumulated Depreciation (511)      
Total Cost Net of Accumulated Depreciation 73,239      
Denver, CO | Hyatt House        
Initial Cost        
Land 2,700      
Building & Improvements 10,780      
Cost Capitalized Subsequent to Acquisition 5,487      
Total Cost        
Land 2,700      
Building & Improvements 16,267      
Total 18,967      
Accumulated Depreciation (3,419)      
Total Cost Net of Accumulated Depreciation 15,548      
Denver, CO | Hyatt Place        
Initial Cost        
Land 1,300      
Building & Improvements 9,230      
Cost Capitalized Subsequent to Acquisition 2,474      
Total Cost        
Land 1,300      
Building & Improvements 11,704      
Total 13,004      
Accumulated Depreciation (3,008)      
Total Cost Net of Accumulated Depreciation 9,996      
Denver (Englewood), CO | Hyatt Place        
Initial Cost        
Land 2,000      
Building & Improvements 9,515      
Cost Capitalized Subsequent to Acquisition 2,435      
Total Cost        
Land 2,000      
Building & Improvements 11,950      
Total 13,950      
Accumulated Depreciation (2,903)      
Total Cost Net of Accumulated Depreciation 11,047      
Duluth, GA | Hilton Garden Inn        
Initial Cost        
Land 2,200      
Building & Improvements 11,150      
Cost Capitalized Subsequent to Acquisition 1,544      
Total Cost        
Land 2,200      
Building & Improvements 12,694      
Total 14,894      
Accumulated Depreciation (3,145)      
Total Cost Net of Accumulated Depreciation 11,749      
Duluth, GA | Holiday Inn        
Initial Cost        
Building & Improvements 7,000      
Cost Capitalized Subsequent to Acquisition 466      
Total Cost        
Building & Improvements 7,466      
Total 7,466      
Accumulated Depreciation (1,896)      
Total Cost Net of Accumulated Depreciation 5,570      
El Paso, TX | Courtyard by Marriott        
Initial Cost        
Land 1,640      
Building & Improvements 10,710      
Cost Capitalized Subsequent to Acquisition 368      
Total Cost        
Land 1,640      
Building & Improvements 11,078      
Total 12,718      
Accumulated Depreciation (1,920)      
Total Cost Net of Accumulated Depreciation 10,798      
Ft. Myers, FL | Hyatt Place        
Initial Cost        
Land 1,878      
Building & Improvements 16,583      
Cost Capitalized Subsequent to Acquisition (3,917)      
Total Cost        
Land 1,878      
Building & Improvements 12,666      
Total 14,544      
Accumulated Depreciation (2,425)      
Total Cost Net of Accumulated Depreciation 12,119      
Ft. Worth, TX | Fairfield Inn and Suites        
Initial Cost        
Land   553    
Building & Improvements   2,698    
Cost Capitalized Subsequent to Acquisition   3,177    
Total Cost        
Land 553      
Building & Improvements 5,875      
Total 6,428      
Accumulated Depreciation (2,576)      
Total Cost Net of Accumulated Depreciation 3,852      
Ft. Worth, TX | Hampton Inn and Suites        
Initial Cost        
Land   1,500    
Building & Improvements   8,184    
Cost Capitalized Subsequent to Acquisition   953    
Total Cost        
Land 1,500      
Building & Improvements 9,137      
Total 10,637      
Accumulated Depreciation (2,442)      
Total Cost Net of Accumulated Depreciation 8,195      
Debt 23,394      
Ft. Worth, TX | Hilton Garden Inn        
Initial Cost        
Land   903    
Building & Improvements   6,226    
Cost Capitalized Subsequent to Acquisition   3,584    
Total Cost        
Land 903      
Building & Improvements 9,810      
Total 10,713      
Accumulated Depreciation (2,229)      
Total Cost Net of Accumulated Depreciation 8,484      
Debt 23,889      
Garden City, NY | Hyatt Place        
Initial Cost        
Land   4,200    
Building & Improvements   26,800    
Cost Capitalized Subsequent to Acquisition   975    
Total Cost        
Land 4,200      
Building & Improvements 27,775      
Total 31,975      
Accumulated Depreciation (2,922)      
Total Cost Net of Accumulated Depreciation 29,053      
Germantown, TN | Courtyard by Marriott        
Initial Cost        
Land   1,860    
Building & Improvements   5,448    
Cost Capitalized Subsequent to Acquisition   2,014    
Total Cost        
Land 1,860      
Building & Improvements 7,462      
Total 9,322      
Accumulated Depreciation (2,315)      
Total Cost Net of Accumulated Depreciation 7,007      
Germantown, TN | Fairfield Inn and Suites        
Initial Cost        
Land   767    
Building & Improvements   2,700    
Cost Capitalized Subsequent to Acquisition   2,206    
Total Cost        
Land 767      
Building & Improvements 4,906      
Total 5,673      
Accumulated Depreciation (1,175)      
Total Cost Net of Accumulated Depreciation 4,498      
Germantown, TN | Residence Inn        
Initial Cost        
Land   1,083    
Building & Improvements   5,200    
Cost Capitalized Subsequent to Acquisition   $ 2,281    
Total Cost        
Land 1,083      
Building & Improvements 7,481      
Total 8,564      
Accumulated Depreciation (1,981)      
Total Cost Net of Accumulated Depreciation 6,583      
Glendale, CO | Staybridge Suites        
Initial Cost        
Land 2,100      
Building & Improvements 7,900      
Cost Capitalized Subsequent to Acquisition 2,251      
Total Cost        
Land 2,100      
Building & Improvements 10,151      
Total 12,251      
Accumulated Depreciation (2,541)      
Total Cost Net of Accumulated Depreciation 9,710      
Goleta, CA | Hampton Inn and Suites        
Initial Cost        
Land 4,100      
Building & Improvements 23,800      
Cost Capitalized Subsequent to Acquisition 2,391      
Total Cost        
Land 4,100      
Building & Improvements 26,191      
Total 30,291      
Accumulated Depreciation (2,591)      
Total Cost Net of Accumulated Depreciation 27,700      
Debt 11,303      
Greenville, SC | Hilton Garden Inn        
Initial Cost        
Land 1,200      
Building & Improvements 14,050      
Cost Capitalized Subsequent to Acquisition 516      
Total Cost        
Land 1,200      
Building & Improvements 14,566      
Total 15,766      
Accumulated Depreciation (2,079)      
Total Cost Net of Accumulated Depreciation 13,687      
Hoffman Estates, IL | Hyatt Place        
Initial Cost        
Land 1,900      
Building & Improvements 7,330      
Cost Capitalized Subsequent to Acquisition 1,587      
Total Cost        
Land 1,900      
Building & Improvements 8,917      
Total 10,817      
Accumulated Depreciation (2,162)      
Total Cost Net of Accumulated Depreciation 8,655      
Debt 20,626      
Houston (Energy Corridor), TX | Hilton Garden Inn        
Initial Cost        
Land 2,800      
Building & Improvements 33,200      
Cost Capitalized Subsequent to Acquisition 577      
Total Cost        
Land 2,800      
Building & Improvements 33,777      
Total 36,577      
Accumulated Depreciation (2,343)      
Total Cost Net of Accumulated Depreciation 34,234      
Debt 16,970      
Houston, TX | Hilton Garden Inn        
Initial Cost        
Land 0      
Building & Improvements 38,492      
Cost Capitalized Subsequent to Acquisition 3,346      
Total Cost        
Land 0      
Building & Improvements 41,838      
Total 41,838      
Accumulated Depreciation (5,278)      
Total Cost Net of Accumulated Depreciation 36,560      
Indianapolis, IN | Courtyard by Marriott        
Initial Cost        
Land 7,788      
Building & Improvements 50,846      
Cost Capitalized Subsequent to Acquisition 3,538      
Total Cost        
Land 7,788      
Building & Improvements 54,384      
Total 62,172      
Accumulated Depreciation (6,838)      
Total Cost Net of Accumulated Depreciation 55,334      
Indianapolis, IN | SpringHill Suites        
Initial Cost        
Land 4,012      
Building & Improvements 26,193      
Cost Capitalized Subsequent to Acquisition 1,717      
Total Cost        
Land 4,012      
Building & Improvements 27,910      
Total 31,922      
Accumulated Depreciation (3,500)      
Total Cost Net of Accumulated Depreciation 28,422      
Debt 41,328      
Jackson, MS | Courtyard by Marriott        
Initial Cost        
Land 1,301      
Building & Improvements 7,322      
Cost Capitalized Subsequent to Acquisition 2,332      
Total Cost        
Land 1,301      
Building & Improvements 9,654      
Total 10,955      
Accumulated Depreciation (3,572)      
Total Cost Net of Accumulated Depreciation 7,383      
Jackson, MS | Staybridge Suites        
Initial Cost        
Land 698      
Building & Improvements 8,454      
Cost Capitalized Subsequent to Acquisition 1,766      
Total Cost        
Land 698      
Building & Improvements 10,220      
Total 10,918      
Accumulated Depreciation (2,428)      
Total Cost Net of Accumulated Depreciation 8,490      
Lombard, IL | Hyatt Place        
Initial Cost        
Land 1,550      
Building & Improvements 15,475      
Cost Capitalized Subsequent to Acquisition 1,876      
Total Cost        
Land 1,550      
Building & Improvements 17,351      
Total 18,901      
Accumulated Depreciation (3,831)      
Total Cost Net of Accumulated Depreciation 15,070      
Louisville, KY | Fairfield Inn and Suites        
Initial Cost        
Land 3,120      
Building & Improvements 21,903      
Cost Capitalized Subsequent to Acquisition 2,328      
Total Cost        
Land 3,120      
Building & Improvements 24,231      
Total 27,351      
Accumulated Depreciation (3,814)      
Total Cost Net of Accumulated Depreciation 23,537      
Debt 36,741      
Louisville, KY | SpringHill Suites        
Initial Cost        
Land 4,880      
Building & Improvements 34,258      
Cost Capitalized Subsequent to Acquisition 3,103      
Total Cost        
Land 4,880      
Building & Improvements 37,361      
Total 42,241      
Accumulated Depreciation (6,295)      
Total Cost Net of Accumulated Depreciation 35,946      
Miami, FL | Hyatt House        
Initial Cost        
Land 4,926      
Building & Improvements 34,074      
Cost Capitalized Subsequent to Acquisition 6,013      
Total Cost        
Land 4,926      
Building & Improvements 40,087      
Total 45,013      
Accumulated Depreciation (2,819)      
Total Cost Net of Accumulated Depreciation 42,194      
Minneapolis, MN | Hampton Inn        
Initial Cost        
Land 3,500      
Building & Improvements 35,339      
Cost Capitalized Subsequent to Acquisition 96      
Total Cost        
Land 3,500      
Building & Improvements 35,435      
Total 38,935      
Accumulated Depreciation (3,063)      
Total Cost Net of Accumulated Depreciation 35,872      
Minneapolis, MN | Holiday Inn Express and Suites        
Initial Cost        
Land 1,000      
Building & Improvements 5,900      
Cost Capitalized Subsequent to Acquisition 1,762      
Total Cost        
Land 1,000      
Building & Improvements 7,662      
Total 8,662      
Accumulated Depreciation (1,556)      
Total Cost Net of Accumulated Depreciation 7,106      
Minneapolis, MN | Hyatt Place        
Initial Cost        
Land 0      
Building & Improvements 32,506      
Cost Capitalized Subsequent to Acquisition 1,520      
Total Cost        
Land 0      
Building & Improvements 34,026      
Total 34,026      
Accumulated Depreciation (3,955)      
Total Cost Net of Accumulated Depreciation 30,071      
Minneapolis (Eden Prairie), MN | Hilton Garden Inn        
Initial Cost        
Land 1,800      
Building & Improvements 8,400      
Cost Capitalized Subsequent to Acquisition 2,811      
Total Cost        
Land 1,800      
Building & Improvements 11,211      
Total 13,011      
Accumulated Depreciation (2,030)      
Total Cost Net of Accumulated Depreciation 10,981      
Nashville, TN | Courtyard by Marriott        
Initial Cost        
Land 8,792      
Building & Improvements 62,869      
Cost Capitalized Subsequent to Acquisition (110)      
Total Cost        
Land 8,792      
Building & Improvements 62,759      
Total 71,551      
Accumulated Depreciation (2,002)      
Total Cost Net of Accumulated Depreciation 69,549      
Nashville, TN | SpringHill Suites        
Initial Cost        
Land 777      
Building & Improvements 3,576      
Cost Capitalized Subsequent to Acquisition 2,022      
Total Cost        
Land 777      
Building & Improvements 5,598      
Total 6,375      
Accumulated Depreciation (2,672)      
Total Cost Net of Accumulated Depreciation 3,703      
New Orleans, LA | Courtyard by Marriott        
Initial Cost        
Land 1,944      
Building & Improvements 23,739      
Cost Capitalized Subsequent to Acquisition 1,381      
Total Cost        
Land 1,944      
Building & Improvements 25,120      
Total 27,064      
Accumulated Depreciation (4,768)      
Total Cost Net of Accumulated Depreciation 22,296      
New Orleans (French Quarter), LA | Courtyard by Marriott        
Initial Cost        
Land 1,860      
Building & Improvements 21,679      
Cost Capitalized Subsequent to Acquisition 3,489      
Total Cost        
Land 1,860      
Building & Improvements 25,168      
Total 27,028      
Accumulated Depreciation (4,367)      
Total Cost Net of Accumulated Depreciation 22,661      
New Orleans (Metairie), LA | Courtyard by Marriott        
Initial Cost        
Land 2,490      
Building & Improvements 28,337      
Cost Capitalized Subsequent to Acquisition 5,883      
Total Cost        
Land 2,490      
Building & Improvements 34,220      
Total 36,710      
Accumulated Depreciation (5,759)      
Total Cost Net of Accumulated Depreciation 30,951      
New Orleans (Metairie), LA | Residence Inn        
Initial Cost        
Land 1,790      
Building & Improvements 18,099      
Cost Capitalized Subsequent to Acquisition 5,287      
Total Cost        
Land 1,790      
Building & Improvements 23,386      
Total 25,176      
Accumulated Depreciation (3,197)      
Total Cost Net of Accumulated Depreciation 21,979      
New Orleans (Metairie), LA | SpringHill Suites        
Initial Cost        
Land 2,046      
Building & Improvements 31,049      
Cost Capitalized Subsequent to Acquisition 2,221      
Total Cost        
Land 2,046      
Building & Improvements 33,270      
Total 35,316      
Accumulated Depreciation (5,165)      
Total Cost Net of Accumulated Depreciation 30,151      
Orlando (Convention), FL | Hyatt Place        
Initial Cost        
Land 3,100      
Building & Improvements 9,152      
Cost Capitalized Subsequent to Acquisition 2,191      
Total Cost        
Land 3,100      
Building & Improvements 11,343      
Total 14,443      
Accumulated Depreciation (3,270)      
Total Cost Net of Accumulated Depreciation 11,173      
Orlando (Universal), FL | Hampton Inn        
Initial Cost        
Land 909      
Building & Improvements 2,862      
Cost Capitalized Subsequent to Acquisition 2,154      
Total Cost        
Land 909      
Building & Improvements 5,016      
Total 5,925      
Accumulated Depreciation (2,568)      
Total Cost Net of Accumulated Depreciation 3,357      
Orlando (Universal), FL | Hyatt Place        
Initial Cost        
Land 5,516      
Building & Improvements 9,043      
Cost Capitalized Subsequent to Acquisition 2,178      
Total Cost        
Land 5,516      
Building & Improvements 11,221      
Total 16,737      
Accumulated Depreciation (3,226)      
Total Cost Net of Accumulated Depreciation 13,511      
Phoenix, AZ | Hyatt Place        
Initial Cost        
Land 582      
Building & Improvements 4,438      
Cost Capitalized Subsequent to Acquisition 709      
Total Cost        
Land 582      
Building & Improvements 5,147      
Total 5,729      
Accumulated Depreciation (1,091)      
Total Cost Net of Accumulated Depreciation 4,638      
Portland, OR | Hyatt Place        
Initial Cost        
Land 0      
Building & Improvements 16,713      
Cost Capitalized Subsequent to Acquisition (2,013)      
Total Cost        
Land 0      
Building & Improvements 14,700      
Total 14,700      
Accumulated Depreciation (2,525)      
Total Cost Net of Accumulated Depreciation 12,175      
Portland, OR | Residence Inn        
Initial Cost        
Land 0      
Building & Improvements 16,409      
Cost Capitalized Subsequent to Acquisition (780)      
Total Cost        
Land 0      
Building & Improvements 15,629      
Total 15,629      
Accumulated Depreciation (3,300)      
Total Cost Net of Accumulated Depreciation 12,329      
Debt 18,578      
Ridgeland, MS | Homewood Suites        
Initial Cost        
Land 1,314      
Building & Improvements 6,036      
Cost Capitalized Subsequent to Acquisition 1,786      
Total Cost        
Land 1,314      
Building & Improvements 7,822      
Total 9,136      
Accumulated Depreciation (1,630)      
Total Cost Net of Accumulated Depreciation 7,506      
Ridgeland, MS | Residence Inn        
Initial Cost        
Land 1,050      
Building & Improvements 10,040      
Cost Capitalized Subsequent to Acquisition (387)      
Total Cost        
Land 1,050      
Building & Improvements 9,653      
Total 10,703      
Accumulated Depreciation (1,868)      
Total Cost Net of Accumulated Depreciation 8,835      
Salt Lake City, UT | Residence Inn        
Initial Cost        
Land 2,392      
Building & Improvements 17,567      
Cost Capitalized Subsequent to Acquisition 7,152      
Total Cost        
Land 2,392      
Building & Improvements 24,719      
Total 27,111      
Accumulated Depreciation (4,892)      
Total Cost Net of Accumulated Depreciation 22,219      
San Diego (Poway) CA | Hampton Inn        
Initial Cost        
Land 2,300      
Building & Improvements 12,850      
Cost Capitalized Subsequent to Acquisition 1,878      
Total Cost        
Land 2,300      
Building & Improvements 14,728      
Total 17,028      
Accumulated Depreciation (1,667)      
Total Cost Net of Accumulated Depreciation 15,361      
San Francisco, CA | DoubleTree by Hilton        
Initial Cost        
Land 3,300      
Building & Improvements 35,760      
Cost Capitalized Subsequent to Acquisition 3,926      
Total Cost        
Land 3,300      
Building & Improvements 39,686      
Total 42,986      
Accumulated Depreciation (5,342)      
Total Cost Net of Accumulated Depreciation 37,644      
San Francisco, CA | Four Points by Sheraton        
Initial Cost        
Land 1,200      
Building & Improvements 20,050      
Cost Capitalized Subsequent to Acquisition 1,347      
Total Cost        
Land 1,200      
Building & Improvements 21,397      
Total 22,597      
Accumulated Depreciation (3,145)      
Total Cost Net of Accumulated Depreciation 19,452      
San Francisco, CA | Holiday Inn Express and Suites        
Initial Cost        
Land 15,545      
Building & Improvements 44,955      
Cost Capitalized Subsequent to Acquisition 4,514      
Total Cost        
Land 15,545      
Building & Improvements 49,469      
Total 65,014      
Accumulated Depreciation (8,240)      
Total Cost Net of Accumulated Depreciation 56,774      
Sandy. UT | Holiday Inn Express and Suites        
Initial Cost        
Land 720      
Building & Improvements 1,768      
Cost Capitalized Subsequent to Acquisition 1,437      
Total Cost        
Land 720      
Building & Improvements 3,205      
Total 3,925      
Accumulated Depreciation (1,467)      
Total Cost Net of Accumulated Depreciation 2,458      
Debt 37,042      
Scottsdale, AZ | Courtyard by Marriott        
Initial Cost        
Land 3,225      
Building & Improvements 10,152      
Cost Capitalized Subsequent to Acquisition 2,419      
Total Cost        
Land 3,225      
Building & Improvements 12,571      
Total 15,796      
Accumulated Depreciation (5,352)      
Total Cost Net of Accumulated Depreciation 10,444      
Debt 8,912      
Scottsdale, AZ | Hyatt Place        
Initial Cost        
Land 1,500      
Building & Improvements 9,030      
Cost Capitalized Subsequent to Acquisition 1,141      
Total Cost        
Land 1,500      
Building & Improvements 10,171      
Total 11,671      
Accumulated Depreciation (2,458)      
Total Cost Net of Accumulated Depreciation 9,213      
Scottsdale, AZ | SpringHill Suites        
Initial Cost        
Land 2,195      
Building & Improvements 7,120      
Cost Capitalized Subsequent to Acquisition 2,376      
Total Cost        
Land 2,195      
Building & Improvements 9,496      
Total 11,691      
Accumulated Depreciation (4,464)      
Total Cost Net of Accumulated Depreciation 7,227      
Debt 4,798      
Smyrna, TN | Hampton Inn and Suites        
Initial Cost        
Land 1,145      
Building & Improvements 6,855      
Cost Capitalized Subsequent to Acquisition 2,430      
Total Cost        
Land 1,145      
Building & Improvements 9,285      
Total 10,430      
Accumulated Depreciation (1,873)      
Total Cost Net of Accumulated Depreciation 8,557      
Smyrna, TN | Hilton Garden Inn        
Initial Cost        
Land 1,188      
Building & Improvements 10,312      
Cost Capitalized Subsequent to Acquisition 2,099      
Total Cost        
Land 1,188      
Building & Improvements 12,411      
Total 13,599      
Accumulated Depreciation (2,263)      
Total Cost Net of Accumulated Depreciation 11,336      
Debt 7,661      
Ventura (Camarillo) CA | Hampton Inn and Suites        
Initial Cost        
Land 2,200      
Building & Improvements 13,550      
Cost Capitalized Subsequent to Acquisition 3,816      
Total Cost        
Land 2,200      
Building & Improvements 17,366      
Total 19,566      
Accumulated Depreciation (2,334)      
Total Cost Net of Accumulated Depreciation 17,232      
Ybor City, FL | Hampton Inn and Suites        
Initial Cost        
Land 3,600      
Building & Improvements 17,244      
Cost Capitalized Subsequent to Acquisition 3,122      
Total Cost        
Land 3,600      
Building & Improvements 20,366      
Total 23,966      
Accumulated Depreciation (2,771)      
Total Cost Net of Accumulated Depreciation $ 21,195