XML 25 R43.htm IDEA: XBRL DOCUMENT v2.4.0.6
Debt (Mortgage Debt) (Details) (USD $)
9 Months Ended 0 Months Ended 0 Months Ended
Sep. 07, 2012
hotels
Sep. 09, 2011
Feb. 07, 2012
JW Marriot Denver at Cherry Creek [Member]
Mar. 09, 2012
Lexington Hotel New York [Member]
Number_of_renewal_terms
Sep. 07, 2012
Lexington Hotel New York [Member]
Mar. 23, 2012
Griffin Gate Marriott Resort and Spa, the Renaissance Waverly, and the Renaissance Austin [Member]
hotels
Mar. 23, 2012
Renaissance Waverly [Member]
Mar. 23, 2012
Renaissance Austin [Member]
Mar. 09, 2012
Interest Rate Cap [Member]
Lexington Hotel New York [Member]
Sep. 07, 2012
Interest Rate Cap [Member]
Lexington Hotel New York [Member]
Sep. 07, 2012
Subsequent Event [Member]
Debt Instrument [Line Items]                      
Number of hotel properties secured by mortgage debt (in hotels) 11                    
Number of Rooms Acquired under Leasehold Interest (in hotels) 27                    
Mortgage Loans on Real Estate, Face Amount of Mortgages     $ 27,000,000 $ 170,400,000              
Write off of Deferred Debt Issuance Cost     100,000                
Mortgage loan maturity term (in years)       3 years              
Number of extensions subject to subject to the satisfaction of certain terms and conditions and the payment of an extension fee ( in extensions)       2              
Term loan, extension length (in years)       1 year              
Libor rate based on month (in months)       1 month         1 month    
Debt Instrument, Basis Spread on Variable Rate (as a percent)       3.00% 3.00%            
Debt Instrument, Corporate recourse eliminated if hotel achieves specified yield test       25,000,000              
Escrow Deposit                     4,000,000
Derivative, interest rate cap agreement term (in years)                 3 years    
Derivative, Bais Spread on Variable Interest Rate (as a percent)                 1.25%    
Notional Amount of Interest Rate Derivatives 934,000 0             900,000    
Interest Rate Derivative Assets, at Fair Value                   200,000  
Numer of hotel portfolio properties sold (in hotels)           3          
Secured mortgage debt assumed by buyer             $ 97,000,000 $ 83,000,000