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Consolidated Statement Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ 14,322 $ (16,259) $ (1,353)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 5,400 6,549 7,294
Amortization and disposal of deferred financing costs 927 1,450 1,124
Amortizaton of debt discount   38  
Gains on dispositions of assets (7,794) (2,750) (1,806)
Stock-based compensation expense 285 34 47
Provision for impairment loss 3,708 2,921 7,086
Unrealized (gain) loss on derivative instruments (11,578) 14,430 (10,028)
Gain on debt conversion   (88)  
Amortization of warrant issuance cost 58 58 58
Changes in operating assets and liabilities:      
(Increase) decrease in assets 442 (63) 593
Decrease in liabilities (800) (933) (998)
Net cash provided by operating activities 4,970 5,387 2,017
Cash flows from investing activities:      
Additions to hotel properties (5,316) (3,374) (5,133)
Acquisition and development of hotel properties (42,592)    
Proceeds from sale of hotel assets 53,306 21,316 20,746
Net cash provided by investing activities 5,398 17,942 15,613
Cash flows from financing activities:      
Deferred financing costs (865) (485) (1,081)
Principal payments on long-term debt (51,868) (22,207) (34,033)
Proceeds from long-term debt, net 44,620   10,671
Payments on revolving debt (39,056) (30,843) (38,478)
Proceeds from revolving debt 41,152 29,692 47,064
Proceeds from common stock issued in rights offering 346 860  
Rights offering issuance costs   (218)  
Dividends paid to preferred shareholders     (2,619)
Net cash used in financing activities (5,671) (23,201) (18,476)
Increase (decrease) in cash and cash equivalents 4,697 128 (846)
Cash and cash equivalents, beginning of year 173 45 891
Cash and cash equivalents, end of year 4,870 173 45
Supplemental cash flow information      
Interest paid, net of amounts capitalized 5,085 7,119 8,496
Schedule of noncash investing and financing activities:      
Dividends declared preferred     $ 3,349
Unamortized debt discount   113  
Convertible loan embedded derivative   (151)  
Debt converted to common stock   (2,000)  
Common stock issued on conversion of debt   $ 1,950  
Debt assumed in acquisition 11,220    
Fair Value of SLP common units issued in acquisitions $ 450