XML 47 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Acquisition Of Hotel Properties (Narrative) (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 14, 2016
USD ($)
property
Aug. 22, 2016
USD ($)
property
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
property
loan
shares
Jun. 30, 2016
USD ($)
property
Business Acquisition [Line Items]            
Number of wholly owned properties acquired | property         5 0
Revenues     $ 14,252 $ 14,155 $ 24,613 $ 26,658
Net income (loss)     4,925 $ 8,165 2,575 $ 15,463
Aloft Hotel, Leawood, Kansas [Member]            
Business Acquisition [Line Items]            
Number of wholly owned properties acquired | property 1          
Purchase price $ 22,500          
Wholly Owned Properties Acquired [Member]            
Business Acquisition [Line Items]            
Revenues     4,325   4,630  
Net income (loss)     $ 831   968  
Level 3 [Member]            
Business Acquisition [Line Items]            
Purchase price         $ 93,000  
Number of loans assumed | loan         1  
Assumption of debt         $ 9,096  
Debt originated at acquisition         73,767  
Cash paid for acquisition         $ 9,852  
Interest rate     4.54%   4.54%  
Monthly payment         $ 48  
Maturity date of debt         Aug. 01, 2024  
Level 3 [Member] | Condor Hospitality Limited Partnership [Member] | Noncontrolling Interest [Member]            
Business Acquisition [Line Items]            
Common units issued | shares         1,211,648  
Value of common units issued     $ 285   $ 285  
Level 3 [Member] | Atlanta Joint Venture [Member] | Aloft Hotel, Atlanta, Georgia [Member]            
Business Acquisition [Line Items]            
Number of wholly owned properties acquired | property   1        
Purchase price   $ 44,550        
Debt originated at acquisition   $ 33,750