Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
ASSETS
Investments in hotel properties	$ 199,903	$ 201,857
Less accumulated depreciation	69,227	69,897
Net investments	130,676	131,960
Cash and cash equivalents	401	45
Accounts receivable, net of allowance for doubtful accounts of $17 and $20	1,550	1,083
Prepaid expenses and other assets	3,962	4,000
Deferred financing costs, net	2,356	2,601
Investment in hotel properties, held for sale, net	31,382	32,396
Total assets	170,327	172,085
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities	8,600	7,745
Derivative liabilities, at fair value	3,943	5,907
Debt related to hotel properties held for sale	26,843	27,425
Long-term debt	91,049	90,620
Total liabilities	130,435	131,697
Redeemable preferred stock 10% Series B, 800,000 shares authorized; $.01 par value, 332,500 shares outstanding, liquidation preference of $8,312	7,662	7,662
EQUITY
Common stock, $.01 par value, 200,000,000 shares authorized; 2,898,286 and 2,897,539 shares outstanding	29	29
Additional paid-in capital	135,302	135,293
Distributions in excess of retained earnings	(103,251)	(102,747)
Total shareholders' equity	32,118	32,613
Noncontrolling interest
Noncontrolling interest in consolidated partnership, redemption value $25 and $87	112	113
Total equity	32,230	32,726
Total liabilities and equity	170,327	172,085
Preferred Stock Series A [Member]
EQUITY
Preferred stock value	8	8
Series C Convertible Preferred Stock [Member]
EQUITY
Preferred stock value	$ 30	$ 30