Consolidated Statement Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net earnings (loss)	$ (2,400)	$ 7,687
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization expense	1,051	1,409
Net loss (gain) on disposition of assets	3	(4,048)
Net gain on derivatives and convertible debt	(175)	(6,117)
Equity in earnings of joint venture	(111)
Amortization of deferred financing costs	136	175
Loss on extinguishment of debt	800	173
Impairment loss	271	793
Stock-based compensation and long term incentive plan expense	77	69
Warrant issuance costs	289	12
Changes in operating assets and liabilities:
(Increase) decrease in assets	277	(655)
Increase in liabilities	991	1,411
Net cash provided by operating activities	1,209	909
Cash flows from investing activities:
Additions to hotel properties	(870)	(694)
Distribution in excess of cumulative earnings from joint venture	400
Deposit on hotel property	(188)
Hotel acquisitions	(54,602)
Proceeds from sale of hotel assets	6,508	9,008
Net changes in capital expenditure escrows	1,635	954
Net cash provided by (used in) investing activities	(47,117)	9,268
Cash flows from financing activities:
Deferred financing costs	(2,554)	(3)
Proceeds from long-term debt	89,000	6,415
Principal payments on long-term debt	(76,405)	(12,436)
Debt early extinguishment penalties	(454)	(113)
Proceeds from common stock issuance	45,916
Fractional common shares settled in reverse stock split	(1)
Series A and B Preferred Stock redemption, including accumulated dividends		(20,147)
Series D Preferred Stock issuance		28,997
Series E Preferred Stock issuance costs	(1,004)
Cash dividends paid to common shareholders	(149)
Cash dividends paid to preferred shareholders	(1,676)	(1,484)
Other items	(59)	(6)
Net cash provided by financing activities	52,614	1,223
Increase in cash and cash equivalents	6,706	11,400
Cash and cash equivalents, beginning of period	8,326	4,870
Cash and cash equivalents, end of period	15,032	16,270
Supplemental cash flow information:
Interest paid	798	1,165
Income taxes paid	88
Schedule of noncash investing and financing activities:
Fair value of CHLP common units issued in acquisitions	148
In kind dividends deemed on preferred stock	$ 9,900	$ 23,960