XML 69 R66.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Subsequent Events (Details) (USD $) In Millions, except Share data, unless otherwise specified | 9 Months Ended | 0 Months Ended |  |
--- | --- | --- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Oct. 31, 2014 | Oct. 01, 2014 | May 06, 2014 | Oct. 21, 2014
Senior Unsecured Credit Facility |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Maximum borrowing capacity | 300.0 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_LongtermDebtTypeAxis = inn_SeniorUnsecuredCreditFacilityDated10October2013Member |  |  |  |  |
Senior Unsecured Credit Facility | $225 Million Revolver |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Maximum borrowing capacity | 225.0 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = inn_RevolvingCreditFacilityDue10October2017Member / us-gaap_LongtermDebtTypeAxis = inn_SeniorUnsecuredCreditFacilityDated10October2013Member |  |  |  | 225.0 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = inn_RevolvingCreditFacilityDue10October2017Member / us-gaap_LongtermDebtTypeAxis = inn_SeniorUnsecuredCreditFacilityDated10October2013Member |
Common stock |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Common stock issued upon redemption of common units (in shares) | 198,292 us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember | 2,466,404 us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |  |
Subsequent Event | Series A preferred shares |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Cash dividends declared, preferred stock (in dollars per share) |  |  | $ 0.578125 us-gaap_PreferredStockDividendsPerShareDeclared / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |
Subsequent Event | Series B preferred shares |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Cash dividends declared, preferred stock (in dollars per share) |  |  | $ 0.4921875 us-gaap_PreferredStockDividendsPerShareDeclared / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |
Subsequent Event | Series C preferred shares |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Cash dividends declared, preferred stock (in dollars per share) |  |  | $ 0.4453125 us-gaap_PreferredStockDividendsPerShareDeclared / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |
Subsequent Event | Common stock |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Common stock issued upon redemption of common units (in shares) |  |  |  | 75,733 us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |
Cash dividends declared, common stock (in dollars per share) |  |  | $ 0.1175 us-gaap_CommonStockDividendsPerShareDeclared / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |
Subsequent Event | Operating partnership | Non-controlling Interests | Common units |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Common units redeemed |  |  |  | 75,733 us-gaap_ConversionOfStockSharesConverted1 / dei_LegalEntityAxis = inn_SummitHotelOPLPMember / us-gaap_PartnerTypeOfPartnersCapitalAccountAxis = us-gaap_LimitedPartnerMember / us-gaap_StatementEquityComponentsAxis = us-gaap_NoncontrollingInterestMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |
Subsequent Event | Hotel properties | San Antonio, Texas |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Sale of property previously classified as held for sale |  |  |  |  |  | $ 7.9 us-gaap_DisposalGroupIncludingDiscontinuedOperationConsideration / us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis = inn_HotelPropertiesMember / us-gaap_StatementGeographicalAxis = inn_SanAntonioTexasMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
Subsequent Event | Land | San Antonio, Texas |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Number of properties |  |  |  |  |  | 3 us-gaap_NumberOfRealEstateProperties / us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis = us-gaap_LandMember / us-gaap_StatementGeographicalAxis = inn_SanAntonioTexasMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
Area of land parcel |  |  |  |  |  | 5.64 us-gaap_AreaOfLand / us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis = us-gaap_LandMember / us-gaap_StatementGeographicalAxis = inn_SanAntonioTexasMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember

X
- Definition Area of land held. + References No definition available. + Details
Name: | us-gaap_AreaOfLand
Namespace Prefix: | us-gaap_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_CommonStockDividendsPerShareDeclared
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_ConversionOfStockSharesConverted1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation. + References No definition available. + Details
Name: | us-gaap_DisposalGroupIncludingDiscontinuedOperationConsideration
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The number of real estate properties owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfRealEstateProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate dividends declared during the period for each share of preferred stock outstanding. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendsPerShareDeclared
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of shares issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28,29) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SubsequentEventLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=inn_SeniorUnsecuredCreditFacilityDated10October2013Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |