Number of Room Hotel For Development For Which Favorable Lease Assets Are Owned

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- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

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-Publisher FASB

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-Topic 350

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- Definition

Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

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-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

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- Definition

The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of an intangible asset (excluding goodwill) to fair value.

+ References

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Favorable Lease Assets - Narrative (Details) (USD $)	3 Months Ended
Favorable Lease Assets - Narrative (Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Business Acquisition [Line Items]
Finite-lived intangible assets, amortization expense	$ 200,000us-gaap_AmortizationOfIntangibleAssets
Impairment of favorable lease asset	800,000
Off-Market Favorable Lease [Member]
Business Acquisition [Line Items]
Accumulated amortization	2,700,000		3,000,000
Boston Westin Waterfront [Member] \| Above Market Lease Rights [Member]
Business Acquisition [Line Items]
Impairment of favorable lease asset	0	0
Lexington Hotel New York [Member] \| Above Market Leases Ground [Member]
Business Acquisition [Line Items]
Impairment of favorable lease asset	$ 800,000
Minimum [Member] \| Boston Westin Waterfront [Member] \| Above Market Lease Rights [Member]
Business Acquisition [Line Items]
Number of room hotel for development for which favorable lease assets are owned (in rooms)	320
Maximum [Member] \| Boston Westin Waterfront [Member] \| Above Market Lease Rights [Member]
Business Acquisition [Line Items]
Number of room hotel for development for which favorable lease assets are owned (in rooms)	350