Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Investment in hotel properties, net	$ 208,611	$ 79,231
Investment in unconsolidated joint venture	8,651	9,036
Cash and cash equivalents	5,161	8,326
Restricted cash, property escrows	5,435	5,350
Accounts receivable, net of allowance for doubtful accounts of $17 and $21	2,265	1,416
Prepaid expenses and other assets	2,475	1,666
Derivative assets, at fair value	340
Investment in hotel properties held for sale, net	15,700	35,640
Total Assets	248,638	140,665
Liabilities
Accounts payable, accrued expenses, and other liabilities	8,649	4,698
Dividends payable	2,419	1,125
Derivative liabilities, at fair value		8
Convertible debt, at fair value	1,038	1,315
Long-term debt, net of deferred financing costs	118,387	47,918
Long-term debt related to hotel properties held for sale, net of deferred financing costs	7,289	14,802
Total Liabilities	137,782	69,866
Shareholders' Equity
Common stock, $.01 par value, 200,000,000 shares authorized; 11,659,467 and 762,590 shares outstanding	116	8
Additional paid-in capital	228,629	118,655
Accumulated deficit	(129,355)	(112,024)
Total Shareholders' Equity	109,440	67,972
redemption value of $914 and $2,008	1,416	2,827
Total Equity	110,856	70,799
Total Liabilities and Equity	248,638	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