Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Investment in hotel properties, net	$ 92,034	$ 93,794
Investment in unconsolidated joint venture	9,226
Cash and cash equivalents	11,355	4,870
Restricted cash, property escrows	3,490	3,776
Accounts receivable, net of allowance for doubtful accounts of $11 and $10	1,297	1,169
Prepaid expenses and other assets	2,473	1,832
Investment in hotel properties held for sale, net	19,089	36,905
Total Assets	138,964	142,346
Liabilities
Accounts payable, accrued expenses, and other liabilities	6,796	5,419
Derivative liabilities, at fair value	190	8,759
Convertible debt, at fair value	1,236
Long-term debt, net of deferred financing costs	52,683	55,776
Long-term debt related to hotel properties held for sale, net of deferred financing costs	10,900	30,235
Total Liabilities	71,805	100,189
Shareholders' equity
Common stock, $.01 par value, 200,000,000 shares authorized; 4,952,190 and 4,941,878 shares outstanding	49	49
Additional paid-in capital	118,580	138,387
Accumulated deficit	(115,440)	(105,858)
Total Shareholders' Equity	64,524	32,616
Noncontrolling interest in consolidated partnership (Condor Hospitality Limited Partnership), redemption value of $1,819 and $1,197	2,635	1,879
Total Equity	67,159	34,495
Total Liabilities and Equity	138,964	142,346
Series A Preferred Stock [Member]
Shareholders' equity
Preferred stock value		8
Series B Preferred Stock [Member]
Liabilities
Redeemable preferred stock: 10% Series B, 800,000 shares authorized; $.01 par value, 332,500 shares outstanding, liquidation preference of $10,182 at December 31, 2015		7,662
Series C Preferred Stock [Member]
Shareholders' equity
Preferred stock value		$ 30
Series D Preferred Stock [Member]
Shareholders' equity
Preferred stock value	$ 61,335