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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2011
Business Combinations [Abstract]  
Schedule of Acquired Assets and Liabilities
The following table summarizes the estimated fair value of the assets acquired and liabilities assumed in our acquisitions (in thousands):
 
 
JW Marriott Denver
 
Radisson Lexington
 
Courtyard Denver
 
Hilton Minneapolis
 
Renaissance Charleston
 
Hilton Garden Inn Chelsea
Land
 
$
9,200

 
$
92,000

 
$
9,400

 
$
—

 
$
5,900

 
$
14,800

Building
 
63,183

 
229,372

 
36,183

 
129,640

 
32,511

 
51,458

Furnitures, fixtures and equipment
 
1,600

 
13,400

 
750

 
19,700

 
3,100

 
2,115

Total fixed assets
 
73,983

 
334,772

 
46,333

 
149,340

 
41,511

 
68,373

Favorable lease assets
 
—

 
1,586

 
—

 
6,100

 
—

 
—

Unfavorable lease liabilities
 
—

 
(161
)
 
—

 
—

 
(2,700
)
 
—

Net other assets and liabilities
 
217

 
568

 
(148
)
 
1,790

 
964

 
622

Total
 
$
74,200

 
$
336,765

 
$
46,185

 
$
157,230

 
$
39,775

 
$
68,995
Pro Forma Operating Information
The pro forma information is not necessarily indicative of the results that actually would have occurred nor does it indicate future operating results.
 
Year Ended December 31,
 
 
2011
 
2010
 
Revenues
$
667,650

 
$
649,491

 
Loss from continuing operations
(8,805
)
 
(6,396
)
 
Net loss
(8,743
)
 
(4,710
)
 
Loss per share - Basic and Diluted
$
(0.05
)
 
$
(0.03
)