Condensed Combined Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenue
Rooms	$ 43,971	$ 38,618
Food and beverage	15,181	13,094
Other	2,636	2,374
Total hotel revenue	61,788	54,086
Other	18	0
Total revenue	61,806	54,086
Hotel operating expenses:
Rooms	10,954	9,506
Food and beverage	9,684	8,737
Other expenses	16,624	14,255
Management fees	2,518	2,255
Total hotel expenses	39,780	34,753
Property taxes, insurance and other	3,667	2,927
Depreciation and amortization	8,773	7,450
Advisory services fee	2,194	0
Transaction costs	1,593	0
Corporate general and administrative	1,024	3,779
Total expenses	57,031	48,909
Operating income	4,775	5,177
Interest income	4	10
Interest expense and amortization of loan costs	(8,989)	(7,892)
Write-off of loan costs and exit fees	0	(1,971)
Unrealized loss on derivatives	(15)	(31)
Loss before income taxes	(4,225)	(4,707)
Income tax expense	(226)	(619)
Net loss	(4,451)	(5,326)
Loss from consolidated entities attributable to noncontrolling interests	405	704
Net loss attributable to redeemable noncontrolling interests in operating partnership	1,168	0
Net loss attributable to the Company	$ (2,878)	$ (4,622)
Loss per share – basic:
Net loss attributable to common shareholders (in dollars per share)	$ (0.13)	$ (0.29)
Weighted average common shares outstanding – basic (in shares)	22,308	16,045
Loss per share – diluted:
Net loss attributable to common shareholders (in dollars per share)	$ (0.13)	$ (0.29)
Weighted average common shares outstanding – diluted (in shares)	22,308	16,045
Dividends declared per common share (in dollars per share)	$ 0.05	$ 0