Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net Earnings	$ 7,687	$ 3,450
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization expense	1,409	1,480
Net gain on dosposition of assets	(4,048)	(950)
Net gain on derivatives and convertible debt	(6,117)	(4,823)
Amortization of deferred financing costs	175	237
Loss on extinguishment of debt	173	7
Impairment loss	793	732
Stock-based compensation and long term incentive plan expense	69	49
Amortization of warrant issuance cost	12	14
Changes in operating assets and liabilities:
Increase in assets	(655)	(1,072)
Increase in liabilities	1,411	1,120
Net cash provided by operating activities	909	244
Cash flows from investing activities:
Additions to hotel properties	(694)	(595)
Proceeds from sale of hotel assets	9,008	7,342
Net changes in capital expenditures escrows	954	(191)
Net cash provided by investing activities	9,268	6,556
Cash flows from financing activities:
Deferred financing costs	(3)	(6)
Principal payments on long-term debt	(5,914)	(7,505)
Payments on revolving debt	(6,522)	(7,036)
Proceeds from revolving debt	6,415	7,548
Debt early extinguishment penalties	(113)
Series D Preferred Stock issuance	28,997
Purchase of interest rate cap	(6)
Funds put into escrow for Series A and B Preferred Stock redemption	(20,147)
Cash dividends paid	(1,484)
Proceeds from common stock issued in rights offering		346
Net cash provided by (used in) financing activities	1,223	(6,653)
Increase in cash and cash equivalents	11,400	147
Cash and cash equivalents, beginning of period	4,870	173
Cash and cash equivalents, end of period	16,270	320
Supplemental cash flow information
Interest paid	1,165	$ 1,485
Schedule of noncash investing and financing activities:
In kind dividends deemed on preferred stock	$ 23,960