Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net earnings (loss)	$ 16,030	$ (2,449)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization expense	2,698	2,737
Net gain on disposition of assets	(12,904)	(1,540)
Net gain on derivatives and convertible debt	(6,279)	(113)
Amortization of deferred financing costs	349	447
Loss on extinguishment of debt	1,149	7
Impairment loss	914	3,710
Stock-based compensation and long term incentive plan expense	139	123
Amortization of warrant issuance cost	12	29
Changes in operating assets and liabilities:
Increase in assets	(1,150)	(1,116)
Increase in liabilities	1,283	873
Net cash provided by operating activities	2,241	2,708
Cash flows from investing activities:
Additions to hotel properties	(1,890)	(1,270)
Proceeds from sale of hotel assets	24,957	16,200
Net changes in capital expenditure escrows	920	(68)
Net cash provided by investing activities	23,987	14,862
Cash flows from financing activities:
Deferred financing costs	(21)	(198)
Principal payments on long-term debt	(17,166)	(20,629)
Proceeds from long-term debt		8,300
Payments on revolving debt	(10,147)	(19,524)
Proceeds from revolving debt	10,040	18,086
Debt early extinguishment penalties	(939)
Series D Preferred Stock issuance	28,930
Purchase of interest rate cap	(6)
Series A and B Preferred Stock redemption, including accumulated dividends	(20,167)
Cash dividends paid to Series C and D Preferred Shareholders	(2,623)
Proceeds from common stock issued in rights offering		346
Net cash used in financing activities	(12,099)	(13,619)
Increase in cash and cash equivalents	14,129	3,951
Cash and cash equivalents, beginning of period	4,870	173
Cash and cash equivalents, end of period	18,999	4,124
Supplemental cash flow information:
Interest paid	2,279	$ 2,926
Schedule of noncash investing and financing activities:
In kind dividends deemed on preferred stock	$ 20,218