XML 20 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Nov. 20, 2012
Aug. 27, 2013
Debt          
Interest expense $ 29,560,000us-gaap_InterestExpenseDebt $ 15,574,000us-gaap_InterestExpenseDebt $ 3,524,000us-gaap_InterestExpenseDebt    
Outstanding borrowings on the Revolver 1,025,000,000us-gaap_LineOfCreditFacilityAmountOutstanding        
Mortgage loans 532,747,000us-gaap_SecuredDebt 559,665,000us-gaap_SecuredDebt      
2014 165,747,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths        
2015 224,000,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo        
2016 143,000,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree        
2017 400,000,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour        
2018 625,000,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive        
Thereafter 0us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive        
Outstanding borrowings 1,557,747,000us-gaap_LongTermDebt        
Revolver          
Debt          
Maximum borrowings       300,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
 
Interest expense 1,177,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
1,222,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
158,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
   
Outstanding borrowings on the Revolver 0us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
       
Revolver | Minimum          
Debt          
Spread over variable interest rate basis (as a percent) 1.65%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
       
Revolver | Maximum          
Debt          
Spread over variable interest rate basis (as a percent) 3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
       
Standby letters of credit          
Debt          
Maximum borrowings 30,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_StandbyLettersOfCreditMember
       
Fee on debt (as a percent) 0.125%rlj_DebtInstrumentFeePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_StandbyLettersOfCreditMember
       
Standby letters of credit | Minimum          
Debt          
Number of standby letters of credit that may be issued 1rlj_NumberOfStandbyLettersOfCreditThatMayBeIssued
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_StandbyLettersOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
       
Swingline loans          
Debt          
Maximum borrowings 40,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= rlj_SwinglineLoansMember
       
Revolving Credit Facility and Term Loans          
Debt          
Fees incurred 2,900,000us-gaap_DebtInstrumentFeeAmount
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
3,000,000us-gaap_DebtInstrumentFeeAmount
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
5,200,000us-gaap_DebtInstrumentFeeAmount
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
   
Interest expense 0us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
0us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
2,345,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
   
Outstanding borrowings on the Revolver 0us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
       
Revolving Credit Facility and Term Loans | Minimum          
Debt          
Number of hotel properties required to remain unencumbered by outstanding indebtedness 20rlj_NumberOfRealEstatePropertiesRequiredToBeRemainedUnencumbered
/ us-gaap_LongtermDebtTypeAxis
= rlj_RevolvingCreditFacilityAndTermLoansMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
       
Five-Year Term Loan          
Debt          
Debt Instrument, Face Amount       400,000,000.0us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDue20November2017Member
 
Debt period   5 years      
Interest expense 6,902,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDue20November2017Member
5,453,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDue20November2017Member
662,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDue20November2017Member
   
Outstanding borrowings on the Revolver 400,000,000us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDue20November2017Member
       
Interest rate (as a percent) 2.37%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDue20November2017Member
       
Seven-Year Term Loan          
Debt          
Debt Instrument, Face Amount       225,000,000.0us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDue20November2019Member
 
Mortgage Loans          
Debt          
Number of assets encumbered 33rlj_NumberOfAssetsEncumbered
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Mortgage loans 532,747,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
559,665,000us-gaap_SecuredDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Capmark Financial Group, lender 2          
Debt          
Number of assets encumbered 1rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Interest rate (as a percent) 5.55%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1]        
Mortgage loans 10,513,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
10,916,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Capmark Financial Group, lender 3          
Debt          
Number of assets encumbered 1rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender3Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Interest rate (as a percent) 5.55%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender3Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1]        
Mortgage loans 4,561,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender3Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
4,736,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender3Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Barclay's Bank, lender 1          
Debt          
Number of assets encumbered 12rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender1Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Interest rate (as a percent) 5.55%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender1Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1]        
Mortgage loans 107,544,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender1Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
111,632,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender1Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Barclay's Bank, lender 2          
Debt          
Number of assets encumbered 4rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Interest rate (as a percent) 5.60%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1]        
Mortgage loans 26,775,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
27,804,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Capmark Financial Group, lender 4          
Debt          
Number of assets encumbered 1rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender4Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Interest rate (as a percent) 5.50%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender4Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1]        
Mortgage loans 6,214,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender4Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
6,450,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_CapmarkFinancialGroupLender4Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Barclay's Bank, lender 19          
Debt          
Number of assets encumbered 1rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender19Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Interest rate (as a percent) 5.44%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender19Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1]        
Mortgage loans 10,140,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender19Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
10,521,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_BarclaysBankLender19Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | PNC Bank          
Debt          
Number of additional maturity terms 1rlj_DebtInstrumentNumberOfAdditionalMaturityTerms
/ rlj_DebtInstrumentLenderAxis
= rlj_PNCBankMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Number of assets encumbered 5rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_PNCBankMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[2]        
Interest rate (as a percent) 2.51%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_PNCBankMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1],[2]        
Mortgage loans 74,000,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_PNCBankMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[2] 85,000,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_PNCBankMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[2]      
Number of hotels encumbered by loans that are cross-collateralized 5rlj_NumberOfHotelsCrossCollateralized
/ rlj_DebtInstrumentLenderAxis
= rlj_PNCBankMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Mortgage Loans | Wells Fargo lender 6          
Debt          
Number of assets encumbered 4rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender6Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[3]        
Interest rate (as a percent) 4.18755%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender6Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1],[3]        
Mortgage loans 150,000,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender6Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[3] 150,000,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender6Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[3]      
Number of hotels encumbered by loans that are cross-collateralized 2rlj_NumberOfHotelsCrossCollateralized
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender6Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Mortgage Loans | Wells Fargo, lender 7          
Debt          
Number of assets encumbered 4rlj_NumberOfAssetsEncumbered
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender7Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Interest rate (as a percent) 4.06%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender7Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
[1]        
Mortgage loans 143,000,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender7Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
0us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender7Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Wells Fargo, lender 8          
Debt          
Mortgage loans 0us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender8Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
142,000,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_WellsFargoLender8Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Merrill Lynch, lender 1          
Debt          
Mortgage loans 0us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_MerrillLynchLender1Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
4,068,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_MerrillLynchLender1Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Merrill Lynch Lender 2 [Member]          
Debt          
Mortgage loans 0us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_MerrillLynchLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
2,475,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_MerrillLynchLender2Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Merrill Lynch, lender 3          
Debt          
Mortgage loans 0us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_MerrillLynchLender3Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
4,063,000us-gaap_SecuredDebt
/ rlj_DebtInstrumentLenderAxis
= rlj_MerrillLynchLender3Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Mortgage Loans | Well Fargo Lender          
Debt          
Number of additional maturity terms 4rlj_DebtInstrumentNumberOfAdditionalMaturityTerms
/ rlj_DebtInstrumentLenderAxis
= rlj_WellFargoLenderMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
       
Additional maturity term 1 year        
Seven Year Term Loan          
Debt          
Debt period   7 years      
Interest expense 9,217,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_SevenYearTermLoanMember
5,049,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_SevenYearTermLoanMember
359,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_SevenYearTermLoanMember
   
Outstanding borrowings on the Revolver 225,000,000us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= rlj_SevenYearTermLoanMember
       
Interest rate (as a percent) 4.04%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ us-gaap_LongtermDebtTypeAxis
= rlj_SevenYearTermLoanMember
       
Unsecured Term Loan Due August 27, 2018          
Debt          
Debt Instrument, Face Amount         400,000,000.0us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDueAugust272018Member
Interest expense 12,264,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDueAugust272018Member
3,850,000us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDueAugust272018Member
0us-gaap_InterestExpenseDebt
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDueAugust272018Member
   
Outstanding borrowings on the Revolver $ 400,000,000us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDueAugust272018Member
       
Interest rate (as a percent) 3.07%us-gaap_DebtInstrumentInterestRateAtPeriodEnd
/ us-gaap_LongtermDebtTypeAxis
= rlj_UnsecuredTermLoanDueAugust272018Member
       
[1] Interest rate at December 31, 2014 gives effect to interest rate hedges and LIBOR floors, as applicable.
[2] (4)Requires payments of interest only until the commencement of the extension period(s).
[3] (6)Two of the four hotels encumbered by the Wells Fargo loans are cross-collateralized.