Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net earnings	$ 2,592	$ 16,030
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization expense	2,820	2,698
Net gain on disposition of assets	(4,849)	(12,904)
Net gain on derivatives and convertible debt	(402)	(6,279)
Equity in earnings of joint venture	(136)
Amortization of deferred financing costs	416	349
Loss on extinguishment of debt	800	1,149
Impairment loss	750	914
Stock-based compensation and long term incentive plan expense	157	139
Warrant issuance costs	289	12
Changes in operating assets and liabilities:
Increase in assets	(341)	(1,150)
Increase in liabilities	1,895	1,283
Net cash provided by operating activities	3,991	2,241
Cash flows from investing activities:
Additions to hotel properties	(1,554)	(1,890)
Distribution in excess of cumulative earnings from joint venture	400
Hotel acquisitions	(83,619)
Proceeds from sale of hotel assets	19,300	24,957
Net change in capital expenditure escrows	1,033	920
Net cash provided by (used in) investing activities	(64,440)	23,987
Cash flows from financing activities:
Deferred financing costs	(3,550)	(21)
Proceeds from long-term debt	109,000	10,040
Principal payments on long-term debt	(87,422)	(27,313)
Debt early extinguishment penalties	(454)	(939)
Proceeds from common stock issuance	45,888
Series A and B Preferred Stock redemption, including accumulated dividends		(20,167)
Series D Preferred Stock issuance		28,930
Series E Preferred Stock issuance costs	(1,130)
Cash dividends paid to common shareholders	(2,402)
Cash dividends paid to preferred shareholders	(1,820)	(2,623)
Other items	(57)	(6)
Net cash provided by (used in) financing activities	58,053	(12,099)
Increase (decrease) in cash and cash equivalents	(2,396)	14,129
Cash and cash equivalents, beginning of period	8,326	4,870
Cash and cash equivalents, end of period	5,930	18,999
Supplemental cash flow information:
Interest paid	1,651	2,279
Income taxes paid	88
Schedule of noncash investing and financing activities:
Fair value of CHLP common units issued in acquisitions	285
In kind dividends deemed on preferred stock	9,900	$ 20,218
Debt assumed in acquisitions	$ 9,096