Fair Value Measurements and Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Measurements and Derivative Instruments [Abstract]

Schedule of Interest Rate Swaps and Caps

Associated debt	Type	Terms	Effective Date	Maturity Date	Notional amount at December  31, 2018		Notional amount at December  31, 2017
Wells Fargo	Swap	Swaps 30-day  LIBOR for fixed rate of 2.053%	11/2017	11/2022	$	26,048 (1)	$	26,465 (1)
Credit facility	Cap	Caps 30-day LIBOR at 2.50%	03/2017	03/2019	$	50,000	$	50,000

(1) Notional amounts amortize consistently with the principal amortization of the associated loans.

Schedule of Fair Value Assets and (Liabilities) Carried at Fair Value and Measured on Recurring Basis

	Fair value at December 31, 2018		Level 1		Level 2		Level 3
Interest rate derivatives	$	350	$	-	$	350	$	-
Series E Preferred embedded redemption option		289		-		-		289
Convertible debt		(1,000)		-		-		(1,000)
Total	$	(361)	$	-	$	350	$	(711)

	Fair value at December 31, 2017		Level 1		Level 2		Level 3
Interest rate derivatives	$	77	$	-	$	77	$	-
Series E Preferred embedded redemption option		314		-		-		314
Convertible debt		(1,069)		-		-		(1,069)
Total	$	(678)	$	-	$	77	$	(755)

Reconciliation of Items Measured at Fair Value on a Recurring Basis

	Year ended December 31,
		2018						2017
	Series E Preferred embedded redemption option		Convertible debt		Total		Series E Preferred embedded redemption option		Convertible debt		Total
Fair value, beginning of period	$	314	$	(1,069)	$	(755)	$	-	$	(1,315)	$	(1,315)
Net gains (losses) recognized in earnings		(25)		69		44		164		246		410
Purchase and issuances		-		-		-		150		-		150
Sales and settlements		-		-		-		-		-		-
Gross transfers into Level 3		-		-		-		-		-		-
Gross transfers out of Level 3		-		-		-		-		-		-
Fair value, end of period	$	289	$	(1,000)	$	(711)	$	314	$	(1,069)	$	(755)
Total unrealized gains (losses) during the period included in earnings related to instruments held at end of period	$	(25)	$	69	$	44	$	164	$	246	$	410

Schedule of Carrying Value and Estimated Fair Value of Long-Term Debt

	Carrying value at December 31,				Estimated fair value at December 31,
	2018		2017		2018		2017
Held for use	$	135,810	$	111,097	$	134,773	$	110,731
Held for sale		1,120		9,484		1,120		9,484
Total	$	136,930	$	120,581	$	135,893	$	120,215

Schedule of Impairment and Recovery of Previously Recorded Impairment

	Year ended December 31,
	2018			2017			2016
	Number of hotels	Impairment recovery		Number of hotels	Impairment (loss) recovery		Number of hotels	Impairment (loss)
Continuing Operations:
Sold hotels:
Impairment loss	-		-	3		(2,231)	5		(1,477)
Recovery of impairment	1		93	2		80	-		-
Total net impairment (loss) recovery:	1	$	93	5	$	(2,151)	5	$	(1,477)