Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Investment in hotel properties, net	$ 187,737	$ 96,158
Investment in unconsolidated joint venture	8,772	9,036
Cash and cash equivalents	5,930	8,326
Restricted cash, property escrows	4,542	5,350
Accounts receivable, net of allowance for doubtful accounts of $25 and $21	1,727	1,416
Prepaid expenses and other assets	1,614	1,666
Derivative assets, at fair value	339
Investment in hotel properties held for sale, net	3,800	18,713
Total Assets	214,461	140,665
Liabilities
Accounts payable, accrued expenses, and other liabilities	6,882	4,698
Dividends payable	2,267	1,125
Derivative liabilities, at fair value		8
Convertible debt, at fair value	1,050	1,315
Long-term debt, net of deferred financing costs	90,176	56,775
Long-term debt related to hotel properties held for sale, net of deferred financing costs	421	5,945
Total Liabilities	100,796	69,866
Shareholders' Equity
Common stock, $.01 par value, 200,000,000 shares authorized; 11,628,139 and 762,590 shares outstanding	116	8
Additional paid-in capital	228,069	118,655
Accumulated deficit	(125,843)	(112,024)
Total Shareholders' Equity	112,392	67,972
Noncontrolling interest in consolidated partnership (Condor Hospitality Limited Partnership), redemption value of $786 and $2,008	1,273	2,827
Total Equity	113,665	70,799
Total Liabilities and Equity	214,461	140,665
Series D Preferred Stock [Member]
Shareholders' Equity
Preferred stock, 40,000,000 shares authorized:		$ 61,333
Series E Preferred Stock [Member]
Shareholders' Equity
Preferred stock, 40,000,000 shares authorized:	$ 10,050