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Condensed Consolidated Statements Of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings (loss) $ 9,505,000 $ (13,364,000)
Adjustments to reconcile net earnings (loss) to net cash provided (used) by operating activities:    
Other Depreciation and Amortization 3,836,000 4,956,000
Amortization of deferred financing costs 600,000 1,096,000
Amortizaton of debt discount 0 38,000
Gain on dispositions of assets (4,466,000) (2,776,000)
Stock-based compensation expense 202,000 25,000
Provision for impairment loss 3,397,000 1,398,000
Unrealized (gain) loss on derivative instruments (8,008,000) 14,218,000
Gain on debt conversion 0 (88,000)
Amortization of warrant issuance cost 43,000 43,000
Changes in operating assets and liabilities:    
(Increase) decrease in assets 16,000 (2,885,000)
Increase in liabilities 887,000 2,677,000
Net cash provided by operating activities 6,012,000 5,338,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to hotel properties (3,118,000) (2,183,000)
Deposits on the acquisition of hotel properties 370,000 0
Proceeds from sale of hotel assets 39,797,000 15,982,000
Proceeds from insurance 31,000 0
Net cash provided by investing activities 36,340,000 13,799,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Deferred financing costs (401,000) (486,000)
Principal payments on long-term debt (30,854,000) (17,417,000)
Proceeds from long-term debt 8,300,000 0
Payments on revolving debt (30,796,000) (23,072,000)
Proceeds from revolving debt 25,803,000 21,650,000
Proceeds from common stock issued 346,000 860,000
Common stock issuance costs 0 (218,000)
Net cash used in financing activities (27,602,000) (18,683,000)
Increase in cash and cash equivalents 14,750,000 454,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 173,000  
CASH AND CASH EQUIVALENTS, END OF PERIOD 14,923,000 499,000
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net of amounts capitalized 3,941,000 5,557,000
SCHEDULE OF NONCASH FINANCING ACTIVITIES    
Dividends declared common units 0 113,000
Unamortized debt discount 0 (151,000)
Convertible loan embedded derivative 0 (2,000,000)
Debt converted to common stock $ 0 $ 1,950,000