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Debt (Details) (USD $)
9 Months Ended
Sep. 30, 2014
term
hotel
asset
Dec. 31, 2013
Debt    
Mortgage loans $ 533,335,000 $ 559,665,000
Secured Debt
   
Debt    
Number of Assets Encumbered 34  
Mortgage loans 533,335,000 559,665,000
Secured Debt | Wells Fargo, lender 1
   
Debt    
Number of Assets Encumbered 5  
Interest rate (as a percent) 3.76% [1],[2]  
Mortgage loans 142,000,000 [3] 142,000,000
Secured Debt | Capmark Financial Group, lender 1
   
Debt    
Number of Assets Encumbered 1  
Interest rate (as a percent) 5.55% [1]  
Mortgage loans 10,615,000 10,916,000
Secured Debt | Capmark Financial Group, lender 2
   
Debt    
Number of Assets Encumbered 1  
Interest rate (as a percent) 5.55% [1]  
Mortgage loans 4,605,000 4,736,000
Secured Debt | Barclay's Bank, lender 1
   
Debt    
Number of Assets Encumbered 12  
Interest rate (as a percent) 5.55% [1]  
Mortgage loans 108,576,000 111,632,000
Secured Debt | Barclay's Bank, lender 13
   
Debt    
Number of Assets Encumbered 4  
Interest rate (as a percent) 5.60% [1]  
Mortgage loans 27,030,000 27,804,000
Secured Debt | Capmark Financial Group, lender 3
   
Debt    
Number of Assets Encumbered 1  
Interest rate (as a percent) 5.50% [1]  
Mortgage loans 6,273,000 6,450,000
Secured Debt | Barclay's Bank, lender 17
   
Debt    
Number of Assets Encumbered 1  
Interest rate (as a percent) 5.44% [1]  
Mortgage loans 10,236,000 10,521,000
Secured Debt | PNC Bank
   
Debt    
Number of Assets Encumbered 5 [4]  
Interest rate (as a percent) 2.5052% [1],[2]  
Mortgage loans 74,000,000 [5] 85,000,000
Number of additional maturity terms 1  
Additional maturity term 1 year  
Number of hotels encumbered by loans that are cross-collateralized 5  
Secured Debt | Wells Fargo lender 6
   
Debt    
Number of Assets Encumbered 4  
Interest rate (as a percent) 4.18755% [1],[2],[6]  
Mortgage loans 150,000,000 [7] 150,000,000
Secured Debt | Barclay's Bank, lender 18
   
Debt    
Mortgage loans 0 [8] 2,475,000 [8]
Secured Debt | Barclay's Bank, lender 19
   
Debt    
Mortgage loans 0 [8] 4,063,000 [8]
Secured Debt | Capmark Financial Group, lender 4
   
Debt    
Mortgage loans 0 [8] 4,068,000 [8]
Revolver
   
Debt    
Maximum borrowings 300,000,000  
Unsecured Term Loan Due August 27, 2018
   
Debt    
Maximum borrowings 400,000,000  
Interest rate (as a percent) 3.07% [1],[9]  
Unsecured Term Loan Maturity Date March 20, 2019
   
Debt    
Maximum borrowings 400,000,000  
Interest rate (as a percent) 1.71% [1]  
Seven-Year Term Loan
   
Debt    
Maximum borrowings $ 225,000,000  
Interest rate (as a percent) 4.04% [1],[9]  
[1] Interest rate at September 30, 2014 gives effect to interest rate hedges and LIBOR floors, as applicable.
[2] Requires payments of interest only until the commencement of the extension period(s).
[3] {F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjExYTc2ZmMzN2ZiNDQyNThiM2I1MTE0ZTdhZTkyYmQxfFRleHRTZWxlY3Rpb246MkRCQkU5N0JGOEFFOUE3N0ZBRjM5RUNEODc3QkQ5QzAM}
[4] The five hotels encumbered by the PNC Bank loan are cross-collateralized.
[5] Maturity date may be extended for one one-year term at the Company’s option, subject to certain lender requirements.
[6] Two of the four hotels encumbered by the Wells Fargo loan are cross-collateralized.
[7] Maturity date may be extended for four one-year terms at the Company’s option, subject to certain lender requirements.
[8] Mortgage loan related to a property that was sold during the nine months ended September 30, 2014.
[9] Includes interest expense related to an interest rate hedge of $1.3 million and $3.8 million for the three and nine months ended September 30, 2014, respectively, and $0.3 million and $0.3 million for the three and nine months ended September 30, 2013, respectively.