Subsequent Events	3 Months Ended
Mar. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On April 24, 2014 the Company sold a Baymont Inn in Brooks, Kentucky (65 rooms) for $1.7 million. Proceeds were used to pay down the associated debt with GE with the remainder applied to the revolving line of credit with Great Western Bank. On May 6, 2014, the Company sold a Super 8 hotel in Omaha, Nebraska (101 room) for $1.6 million. Proceeds were used to pay down the associated debt with Great Western Bank. The Company has set the close of business on April 24, 2014 as the record date (the "Record Date") for the distribution of subscription rights for common stock of the Company. Each subscription right will entitle its holder to purchase one share of common stock of the Company. The Company is issuing at no charge to the holders of its common stock and Series C convertible preferred stock transferable subscription rights to purchase shares of common stock. Each holder of common stock will receive one subscription right for each full share of common stock owned by that holder as of the close of business on the Record Date. The holder of the Series C Preferred Stock will receive 3,750,000 subscription rights, equal to the number of shares of common stock into which the Series C Preferred Stock may be converted as of the Record Date. Each of the 3,000,000 shares of Series C convertible preferred stock is convertible, in whole or in part, at RES’s option, at any time, but subject to RES’s beneficial ownership limitation, into the number of shares of common stock equal to the $10.00 per share liquidation preference, divided by the conversion price then in effect. If the exercise price of the subscription rights, which has not yet been announced by the Company, is less than $8.00, the current conversion price of the Series C convertible stock, then pursuant to the terms of the Series C convertible preferred stock, will be adjusted downward to the exercise price. If the conversion price of the Series C convertible preferred stock is adjusted, then pursuant to the terms of warrants held by RES to purchase up to 3,750,000 shares of common stock, the exercise price of the warrants, currently $9.60, will be adjusted to 120% of the adjusted conversion price of the Series C convertible preferred stock. A registration statement relating to rights offering and the sale of common stock of the Company has been filed with the Securities and Exchange Commission (“SEC”), but has not yet become effective. The Company presently expects to distribute the subscription rights to its shareholders as soon as practicable after the registration statement is declared effective by the SEC.

Subsequent Events

On April 24, 2014 the Company sold a Baymont Inn in Brooks, Kentucky (65 rooms) for $1.7 million. Proceeds were used to pay down the associated debt with GE with the remainder applied to the revolving line of credit with Great Western Bank.

On May 6, 2014, the Company sold a Super 8 hotel in Omaha, Nebraska (101 room) for $1.6 million. Proceeds were used to pay down the associated debt with Great Western Bank.

The Company has set the close of business on April 24, 2014 as the record date (the "Record Date") for the distribution of subscription rights for common stock of the Company. Each subscription right will entitle its holder to purchase one share of common stock of the Company. The Company is issuing at no charge to the holders of its common stock and Series C convertible preferred stock transferable subscription rights to purchase shares of common stock. Each holder of common stock will receive one subscription right for each full share of common stock owned by that holder as of the close of business on the Record Date. The holder of the Series C Preferred Stock will receive 3,750,000 subscription rights, equal to the number of shares of common stock into which the Series C Preferred Stock may be converted as of the Record Date. Each of the 3,000,000 shares of Series C convertible preferred stock is convertible, in whole or in part, at RES’s option, at any time, but subject to RES’s beneficial ownership limitation, into the number of shares of common stock equal to the $10.00 per share liquidation preference, divided by the conversion price then in effect. If the exercise price of the subscription rights, which has not yet been announced by the Company, is less than $8.00, the current conversion price of the Series C convertible stock, then pursuant to the terms of the Series C convertible preferred stock, will be adjusted downward to the exercise price. If the conversion price of the Series C convertible preferred stock is adjusted, then pursuant to the terms of warrants held by RES to purchase up to 3,750,000 shares of common stock, the exercise price of the warrants, currently $9.60, will be adjusted to 120% of the adjusted conversion price of the Series C convertible preferred stock. A registration statement relating to rights offering and the sale of common stock of the Company has been filed with the Securities and Exchange Commission (“SEC”), but has not yet become effective. The Company presently expects to distribute the subscription rights to its shareholders as soon as practicable after the registration statement is declared effective by the SEC.