Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net earnings	$ 5,170	$ 2,901	$ 23,522
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization expense	9,475	6,898	5,190
Net gain on disposition of assets	(5,570)	(6,807)	(23,813)
Net gain on derivatives and convertible debt	(317)	(436)	(6,377)
Equity in (earnings) loss of joint venture	218	(190)	244
Distributions from cumulative earnings of joint venture	187	51
Amortization of deferred financing costs	1,443	1,066	597
Loss on extinguishment of debt		967	2,187
Impairment (recovery) loss, net	(93)	2,151	1,477
Stock-based compensation and long-term incentive plan expense	974	1,237	305
Warrant issuance cost		289	12
Provision for deferred taxes	260	(660)
Changes in operating assets and liabilities:
(Increase) decrease in assets	582	(350)	(145)
Increase (decrease) in liabilities	(1,665)	2,500	(432)
Net cash provided by operating activities	10,664	9,617	2,767
Cash flows from investing activities:
Additions to hotel properties	(1,982)	(2,814)	(3,446)
Deposit on hotel property and franchise fees		(810)
Investment in joint venture			(9,280)
Distributions in excess of cumulative earnings from joint venture	1,475	1,428
Hotel acquisitions	(35,643)	(122,269)	(22,450)
Net proceeds from sale of hotel assets	19,696	27,630	58,593
Net cash provided by (used in) investing activities	(16,454)	(96,835)	23,417
Cash flows from financing activities:
Deferred financing costs	(147)	(4,404)	(136)
Proceeds from long-term debt	35,318	174,000	26,123
Principal payments on long-term debt	(20,265)	(122,400)	(50,270)
Debt early extinguishment penalties		(454)	(1,752)
Proceeds from common stock issuance	260	47,468
Series A and B Preferred Stock redemption, including accumulated dividends			(20,167)
Series D Preferred Stock issuance			28,881
Series E Preferred Stock issuance costs		(1,210)
Redemption of common units	(298)
Tax withholdings on stock compensation	(205)
Cash dividends paid to common shareholders	(9,257)	(6,944)	(198)
Cash dividends paid to common unit holders	(72)
Cash dividends paid to preferred shareholders	(723)	(1,965)	(3,598)
Contingent consideration paid subsequent to acquisition		(155)
Other items		(59)	(37)
Net cash provided by (used in) financing activities	4,611	83,877	(21,154)
Increase (decrease) in cash, cash equivalents, and restricted cash	(1,179)	(3,341)	5,030
Cash, cash equivalents, and restricted cash beginning of period	10,335	13,676	8,646
Cash, cash equivalents, and restricted cash end of period	9,156	10,335	13,676
Supplemental cash flow information:
Interest paid, net of amounts capitalized	6,091	3,885	4,229
Income taxes paid	42	203	37
Schedule of noncash investing and financing activities:
Debt assumed in acquisitions		9,096
Fair value of operating partnership common units issued in acquisitions	$ 50	435	50
In kind dividends deemed on preferred stock		$ 9,900	$ 20,218