Fair Value Measurements And Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Measurements And Derivative Instruments [Abstract]

Schedule Of Interest Rate Swaps And Caps

Associated debt	Type	Terms	Effective date	Maturity date		Notional amount at June 30, 2016
Huntington	Swap	Swaps 30-day  LIBOR + 2.25%  for  fixed rate of	11/2015	11/2020	$	9,865 (1)
		4.13 % cancellable at Company option anytime
		after 11/01/2018 without penalty
Latitude	Cap	Caps 30-day LIBOR at 1.00%	03/2016	06/2017	$	11,196 (1)

(1) Notional amounts amortize consistently with the principal amortization of the associated loans

Schedule Of Fair Value Liabilities Measured On Recurring Basis

	Fair value at
	June 30, 2016		Level 1		Level 2		Level 3
Interest rate derivatives	$	260	$	-	$	260	$	-
Convertible debt		1,191		-		-		1,191
Total	$	1,451	$	-	$	260	$	1,191

	Fair value at
	December 31, 2015		Level 1		Level 2		Level 3
Series C Preferred embedded derivative	$	6,271	$	-	$	-	$	6,271
RES warrant derivative		2,411		-		-		2,411
Interest rate derivatives		77		-		77		-
Total	$	8,759	$	-	$	77	$	8,682

Reconciliation Of Fair Value Liabilities Measured On Recurring Basis

	Three months ended June 30,
	2016			2015
	Convertible debt		Series C Preferred embedded derivative		RES warrant derivative		Total
Fair value, beginning of period	$	1,399	$	10,921	$	4,593	$	15,514
Net (gains) losses recognized in earnings		(208)		3,288		1,422		4,710
Purchase and issuances		-		-		-		-
Sales and settlements		-		-		-		-
Gross transfers into Level 3		-		-		-		-
Gross transfers out of Level 3		-		-		-		-
Fair value, end of period	$	1,191	$	14,209	$	6,015	$	20,224
Total unrealized (gains) losses during the period included in earnings related to instruments held at end of period	$	(208)	$	3,288	$	1,422	$	4,710

	Six months ended June 30,
		2016								2015
	Series C Preferred embedded derivative		RES warrant derivative		Convertible debt		Total		Series C Preferred embedded derivative		RES warrant derivative		Total
Fair value, beginning of period	$	6,271	$	2,411	$	-	$	8,682	$	13,804	$	6,533	$	20,337
Net (gains) losses recognized in earnings		(4,848)		(1,800)		179		(6,469)		405		(518)		(113)
Purchase and issuances		-		-		1,012		1,012		-		-		-
Sales and settlements		(1,423)		-		-		(1,423)		-		-		-
Gross transfers into Level 3		-		-		-		-		-		-		-
Gross transfers out of Level 3		-		(611) (1)		-		(611)		-		-		-
Fair value, end of period	$	-	$	-	$	1,191	$	1,191	$	14,209	$	6,015	$	20,224
Total unrealized (gains) losses during the period included in earnings related to instruments held at end of period	$	-	$	-	$	179	$	-	$	405	$	(518)	$	(113)

(1) RES warrants were permanently reclassified to additional paid in capital as discussed above

Schedule Of Carrying Value And Estimated Fair Value Of Long-Term Debt

	Carrying value as of				Estimated fair value as of
	June 30, 2016		December 31, 2015		June 30, 2016		December 31, 2015
Held for use	$	52,922	$	54,105	$	54,138	$	55,753
Held for sale		16,319		31,906		16,932		33,526
Total	$	69,241	$	86,011	$	71,070	$	89,279

Schedule Of Impairment And Recovery Of Previously Recorded Impairment

	Three months ended June 30,
	2016			2015
	Number of hotels		Impairment (loss) recovery	Number of hotels		Impairment (loss) recovery
Continuing Operations:
Held for sale hotels:
Impairment loss	2	$	(121)	2	$	(1,989)
Sold hotels:
Impairment loss	-		-	3		(1,064)
Net impairment loss reported in continuing operations	2	$	(121)	5	$	(3,053)
Discontinued Operations:
Sold hotels:
Recovery of impairment	-		-	2		75
Total net impairment:	2	$	(121)	7	$	(2,978)

	Six months ended June 30,
	2016			2015
	Number of hotels		Impairment (loss) recovery	Number of hotels		Impairment (loss) recovery
Continuing Operations:
Held for sale hotels:
Impairment loss	3	$	(914)	2	$	(1,989)
Sold hotels:
Impairment loss	-		-	3		(1,926)
Recovery of impairment	-		-	1		85
Subtotal sold hotels	-		-	4		(1,841)
Net impairment loss reported in continuing operations	3	$	(914)	6	$	(3,830)
Discontinued Operations:
Sold hotels:
Impairment loss	-	$	-	1	$	(117)
Recovery of impairment	-		-	3		237
Net impairment recovery reported in discontinued operations	-	$	-	4	$	120
Total net impairment:	3	$	(914)	10	$	(3,710)