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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
REVENUES      
Room rentals and other hotel services $ 75,827 $ 75,300 $ 72,493
EXPENSES      
Hotel and property operations 58,039 57,005 53,966
Depreciation and amortization 8,825 9,970 10,427
General and administrative 4,008 3,443 3,813
Total expenses 70,872 70,418 68,206
EARNINGS BEFORE NET GAINS (LOSSES) ON DISPOSITIONS OF ASSETS, OTHER INCOME, INTEREST EXPENSE, AND INCOME TAXES 4,955 4,882 4,287
Net gain (loss) on dispositions of assets 1,129 (66) (109)
Other income 107 122 134
Interest expense (8,685) (8,894) (8,811)
Impairment (8,545) (2,147) (7,399)
Termination cost (540)    
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (11,579) (6,103) (11,898)
Income tax benefit 638 472 295
LOSS FROM CONTINUING OPERATIONS (10,941) (5,631) (11,603)
Loss from discontinued operations, net of tax (6,536) (4,971) (15,922)
NET LOSS (17,477) (10,602) (27,525)
Noncontrolling interest 32 17 130
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS (17,445) (10,585) (27,395)
Preferred stock dividend (1,474) (1,474) (1,474)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS (18,919) (12,059) (28,869)
NET LOSS PER COMMON SHARE - BASIC AND DILUTED      
EPS from continuing operations $ (0.54) $ (0.31) $ (0.60)
EPS from discontinued operations $ (0.28) $ (0.22) $ (0.73)
EPS Basic and Diluted $ (0.82) $ (0.53) $ (1.33)
AMOUNTS ATTRIBUTABLE TO COMMON SHAREHOLDERS      
Income from continuing operations, net of tax (12,411) (7,117) (13,112)
Discontinued operations, net of tax (6,508) (4,942) (15,757)
Net loss $ (18,919) $ (12,059) $ (28,869)