XML 50 R52.htm IDEA: XBRL DOCUMENT

Note 20 - Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Guarantor Obligations [Table Text Block]

Name of Joint

Venture

Amount of Guarantee

Interest rate

Maturity,

with

extensions

Terms

Type of debt

InTown Suites

Management, Inc. (1)

$

145.2

LIBOR

plus

1.15%

2015

25% partner back-stop

Unsecured credit facility

Hillsborough

$

2.8

LIBOR

plus

1.05%

2013

Jointly and severally with partner

Promissory note

Victoriaville

$

5.1

3.92%

2020

Jointly and severally with partner

Promissory note

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

+ References+ Details