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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Hotel operating revenues $ 889,120 $ 736,363 $ 715,615
Rental income:      
Minimum rent 302,703 325,321 301,058
Percentage rent 1,879 1,450 1,426
Total rental income 304,582 326,771 302,484
FF&E reserve income 16,631 22,354 18,934
Total revenues 1,210,333 1,085,488 1,037,033
Expenses:      
Hotel operating expenses 596,616 477,595 460,869
Depreciation and amortization 228,342 238,089 245,868
General and administrative 40,963 38,961 39,526
Acquisition related costs 2,185    
Loss on asset impairment 16,384 163,681  
Total expenses 884,490 918,326 746,263
Operating income 325,843 167,162 290,770
Interest income 70 260 214
Interest expense (including amortization of deferred financing costs and debt discounts of $6,305, $7,123 and $11,046, respectively) (134,110) (138,712) (143,410)
Gain (loss) on extinguishment of debt   (6,720) 51,097
Equity in earnings (losses) of an investee 139 (1) (134)
Income before income taxes 191,942 21,989 198,537
Income tax expense (1,502) (638) (5,196)
Net income 190,440 21,351 193,341
Preferred distributions (29,880) (29,880) (29,880)
Net income (loss) available for common shareholders $ 160,560 $ (8,529) $ 163,461
Weighted average common shares outstanding, Basic (in shares) 123,470 123,403 107,984
Weighted average common shares outstanding, Diluted (in shares) 123,470 123,403 107,984
Basic and diluted earnings per common share:      
Net income (loss) available for common shareholders, Basic (in dollars per share) $ 1.30 $ (0.07) $ 1.51
Net income (loss) available for common shareholders, Diluted (in dollars per share) $ 1.30 $ (0.07) $ 1.51