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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,687) $ (1,531)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 3,802 4,396
Amortization of deferred financing costs 584 281
Gain on dispositions of assets (1,297) (5,263)
Stock-based compensation expense 31 13
Provision for impairment loss 1,461 5,517
Unrealized loss (gain) on derivative instruments (1,820) 346
Amortization of warrant issuance cost 29 24
Deferred income taxes 0 (308)
Changes in operating assets and liabilities:    
Increase in assets (2,773) (1,715)
Increase in liabilities 2,539 1,878
Net cash provided by operating activities 869 3,638
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to hotel properties (3,667) (3,191)
Acquisition and development of hotel properties 0 (11,500)
Proceeds from sale of hotel assets 12,813 11,947
Net cash provided (used) by investing activities 9,146 (2,744)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Deferred financing costs (205) (140)
Principal payments on long-term debt (19,028) (15,203)
Proceeds from long-term debt 2,371 1,250
Payments on revolving debt (21,441) (22,094)
Proceeds from revolving debt 28,788 8,651
Distributions to noncontrolling interest 0 (6)
Preferred stock and warrants 0 28,561
Purchased Treasury Stock (8) 0
Dividends paid to preferred shareholders (944) (1,025)
Net cash used in financing activities (10,467) (6)
Increase (decrease) in cash and cash equivalents (452) 888
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 891 279
CASH AND CASH EQUIVALENTS, END OF PERIOD 439 1,167
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net of amounts capitalized 4,756 5,109
SCHEDULE OF NONCASH FINANCING ACTIVITIES    
Dividends declared preferred $ 1,674 $ 1,494