Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Investment in hotel properties, net	$ 206,925	$ 79,231
Investment in unconsolidated joint venture	7,747	9,036
Cash and cash equivalents	5,441	8,326
Restricted cash, property escrows	4,894	5,350
Accounts receivable, net of allowance for doubtful accounts of $11 and $21	1,707	1,416
Prepaid expenses and other assets	3,220	1,666
Derivative assets, at fair value	391
Investment in hotel properties held for sale, net	12,655	35,640
Total Assets	242,980	140,665
Liabilities
Accounts payable, accrued expenses, and other liabilities	7,046	4,698
Dividends and distributions payable	2,470	1,125
Derivative liabilities, at fair value		8
Convertible debt, at fair value	1,069	1,315
Long-term debt, net of deferred financing costs	115,605	47,918
Long-term debt related to hotel properties held for sale, net of deferred financing costs	4,976	14,802
Total Liabilities	131,166	69,866
Shareholders' Equity
Common stock, $.01 par value, 200,000,000 shares authorized; 11,833,573 and 762,590 shares outstanding	118	8
Additional paid-in capital	230,727	118,655
Accumulated deficit	(130,489)	(112,024)
Total Shareholders' Equity	110,406	67,972
Noncontrolling interest in consolidated partnership (Condor Hospitality Limited Partnership), redemption value of $871 and $2,008	1,408	2,827
Total Equity	111,814	70,799
Total Liabilities and Equity	242,980	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