Subsequent Events	6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	NOTE 14. SUBSEQUENT EVENTS Acquisitions As discussed in the Company’s Current Report on Form 8-K dated July 26, 2016, on that date the Company entered into a joint venture to acquire a 254-room Aloft hotel in downtown Atlanta, Georgia. Condor owns 80% of the joint venture, and its joint venture partner, Three Wall Capital LLC (“TWC”), owns the remaining 20% of the joint venture. The purchase price for the hotel is $43,550. The name of the joint venture is Spring Street Hotel Property II LLC (“Spring Street JV”). The Company contributed $1,000 to Spring Street JV on July 26, 2016 and will contribute approximately $7,600 to Spring Street JV upon the closing of the acquisition of the hotel, in exchange for an 80% equity interest in Spring Street JV. TWC contributed $250 to Spring Street JV and will contribute approximately $1,900 to Spring Street JV upon the closing of the acquisition of the hotel, in exchange for a 20% equity interest in Spring Street JV. The Company anticipates that approximately $33,750 of the purchase price will be finished with a mortgage loan. The closing of the acquisition of the hotel is subject to customary closing conditions including accuracy of representations and warranties and compliance with covenants and obligations. The closing is expected to occur in the third quarter of 2016. Dispositions The Company sold the 64-room Super 8 in Pittsburgh, Kansas on August 5, 2016 for gross proceeds of $1,620. After repayment of the associated loan, proceeds from this sale will be used to fund future acquisitions and for general corporate purposes. Dividends Declared On July 11, 2016, the Board of Directors declared a common stock dividend of $0.01 per share. This dividend was paid on August 3, 2016 to shareholders of record on July 22, 2016. This represents the first common stock dividend declared by the Company since 2009.

NOTE 14. SUBSEQUENT EVENTS

Acquisitions

As discussed in the Company’s Current Report on Form 8-K dated July 26, 2016, on that date the Company entered into a joint venture to acquire a 254-room Aloft hotel in downtown Atlanta, Georgia. Condor owns 80% of the joint venture, and its joint venture partner, Three Wall Capital LLC (“TWC”), owns the remaining 20% of the joint venture. The purchase price for the hotel is $43,550. The name of the joint venture is Spring Street Hotel Property II LLC (“Spring Street JV”).

The Company contributed $1,000 to Spring Street JV on July 26, 2016 and will contribute approximately $7,600 to Spring Street JV upon the closing of the acquisition of the hotel, in exchange for an 80% equity interest in Spring Street JV. TWC contributed $250 to Spring Street JV and will contribute approximately $1,900 to Spring Street JV upon the closing of the acquisition of the hotel, in exchange for a 20% equity interest in Spring Street JV. The Company anticipates that approximately $33,750 of the purchase price will be finished with a mortgage loan.

The closing of the acquisition of the hotel is subject to customary closing conditions including accuracy of representations and warranties and compliance with covenants and obligations. The closing is expected to occur in the third quarter of 2016.

Dispositions

The Company sold the 64-room Super 8 in Pittsburgh, Kansas on August 5, 2016 for gross proceeds of $1,620. After repayment of the associated loan, proceeds from this sale will be used to fund future acquisitions and for general corporate purposes.

Dividends Declared

On July 11, 2016, the Board of Directors declared a common stock dividend of $0.01 per share. This dividend was paid on August 3, 2016 to shareholders of record on July 22, 2016. This represents the first common stock dividend declared by the Company since 2009.