Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2011

Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation

DiamondRock Hospitality Company

Schedule III - Real Estate and Accumulated Depreciation

As of December 31, 2011 (in thousands)



								Costs
				Initial Cost				Capitalized		Gross Amount at End of Year
						Building and		Subsequent to				Building and				Accumulated			Net Book		Year of	Depreciation
Description	Encumbrances			Land		Improvements		Acquisition		Land		Improvements		Total		Depreciation			Value		Acquisition	Life
Austin Renaissance	$	(83,000	)	$	9,283	$	93,815	$	522	$	9,283	$	94,337	$	103,620	$	(11,919	)	$	91,701	2006	40 Years
Atlanta Alpharetta Marriott	—			3,623		33,503		732		3,623		34,235		37,858		(5,575		)	32,283		2005	40 Years
Atlanta Westin North at Perimeter	—			7,490		51,124		1,481		7,490		52,605		60,095		(7,441		)	52,654		2006	40 Years
Bethesda Marriott Suites	—			—		45,656		1,582		—		47,238		47,238		(8,242		)	38,996		2004	40 Years
Boston Westin Waterfront	—			—		273,696		16,383		—		290,079		290,079		(35,546		)	254,533		2007	40 Years
Chicago Marriott Downtown	(214,324		)	36,900		347,921		18,134		36,900		366,055		402,955		(51,909		)	351,046		2006	40 Years
Conrad Chicago	—			31,650		76,961		1,432		31,650		78,393		110,043		(10,021		)	100,022		2006	40 Years
Courtyard Denver	(27,034		)	9,400		36,180		—		9,400		36,180		45,580		(417		)	45,163		2011	40 Years
Courtyard Manhattan/Fifth Avenue	(50,708		)	—		34,685		1,973		—		36,658		36,658		(6,469		)	30,189		2004	40 Years
Courtyard Manhattan/Midtown East	(42,303		)	16,500		54,812		1,788		16,500		56,600		73,100		(9,912		)	63,188		2004	40 Years
Frenchman's Reef & Morning Star Marriott Beach Resort	(59,645		)	17,713		50,697		36,817		17,713		87,514		105,227		(8,958		)	96,269		2005	40 Years
Hilton Garden Inn Chelsea/New York City	—			14,800		51,458		373		14,800		51,831		66,631		(1,692		)	64,939		2010	40 Years
Hilton Minneapolis	(98,950		)	—		129,640		258		—		129,898		129,898		(4,997		)	124,901		2010	40 Years
JW Marriott Denver	(41,845		)	9,200		63,183		20		9,200		63,203		72,403		(972		)	71,431		2011	40 Years
Lexington	—			92,000		229,368		—		92,000		229,368		321,368		(3,311		)	318,057		2011	40 Years
Los Angeles Airport Marriott	(82,600		)	24,100		83,077		5,470		24,100		88,547		112,647		(14,423		)	98,224		2005	40 Years
Marriott Griffin Gate Resort	—			7,869		33,352		2,557		7,869		35,909		43,778		(6,335		)	37,443		2004	40 Years
Oak Brook Hills Marriott Resort	—			9,500		39,128		4,217		9,500		43,345		52,845		(7,010		)	45,835		2005	40 Years
Orlando Airport Marriott	(58,334		)	9,769		57,803		3,578		9,769		61,381		71,150		(9,189		)	61,961		2005	40 Years
Renaissance Charleston	—			5,900		32,511		11		5,900		32,522		38,422		(1,126		)	37,296		2010	40 Years
Renaissance Worthington	(55,540		)	15,500		63,428		528		15,500		63,956		79,456		(10,438		)	69,018		2005	40 Years
Salt Lake City Marriott Downtown	(30,210		)	—		45,815		3,249		855		48,209		49,064		(8,286		)	40,778		2004	40 Years
The Lodge at Sonoma, a Renaissance Resort and Spa	—			3,951		22,720		485		3,951		23,205		27,156		(5,812		)	21,344		2004	40 Years
Torrance Marriott South Bay	—			7,241		48,232		5,056		7,241		53,288		60,529		(9,168		)	51,361		2005	40 Years
Waverly Renaissance	(97,000		)	12,701		110,461		2,573		12,701		113,034		125,735		(14,328		)	111,407		2006	40 Years
Vail Marriott Mountain Resort & Spa	—			5,800		52,463		1,543		5,800		54,006		59,806		(8,763		)	51,043		2005	40 Years
Total	$	(941,493	)	$	350,890	$	2,161,689	$	110,762	$	351,745	$	2,271,596	$	2,623,341	$	(262,259	)	$	2,361,082

Notes:

A) The change in total cost of properties for the fiscal years ended December 31, 2011, 2010 and 2009 is as follows:



Balance at December 31, 2008	$	1,885,811
Additions:
Acquisitions	855
Capital expenditures	15,382
Adjustments to purchase accounting	(1,788		)

Balance at December 31, 2009	$	1,900,260
Additions:
Acquisitions	234,309
Capital expenditures	12,631
Adjustments to purchase accounting	5,721

Balance at December 31, 2010	$	2,152,921
Additions:
Acquisitions	439,338
Capital expenditures	31,082
Deductions:
Dispositions and other	—

Balance at December 31, 2011	$	2,623,341

B) The change in accumulated depreciation of real estate assets for the fiscal years ended December 31, 2011, 2010 and 2009 is as follows:



Balance at December 31, 2008	$	120,050
Depreciation and amortization	42,590

Balance at December 31, 2009	162,640
Depreciation and amortization	46,101

Balance at December 31, 2010	208,741
Depreciation and amortization	53,518

Balance at December 31, 2011	$	262,259

C) The aggregate cost of properties for Federal income tax purposes (in thousands) is approximately $2,527,433 as of December 31, 2011.

- Definition

The entire disclosure for real estate and accumulated depreciation. This may include a schedule that describes the property and lists the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule also lists the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties. The entity provides a reconciliation of the carrying amount of real estate from the beginning of the period to the end of the period. Any real estate investments that have been written down or reserved against are described, including the basis of the write-down. A material amount of intercompany profit in the total carrying amount of real estate is disclosed. The aggregate cost of all real estate investments for federal income tax purposes is also disclosed.

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