XML 41 R22.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Real Estate Properties (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2017
Real Estate [Abstract] |
Schedule of allocation of the acquisition cost to the estimated fair value of assets acquired |
Acquisition Date |  | Location |  | Purchase Price |  | Land |  | Land Improvements |  | Building and Improvements |  | Furniture, Fixtures and Equipment |  | Intangible Assets
2/1/2017 |  | Chicago, IL (1) |  | $ | 86,201 |  |  | $ | 13,609 |  |  | $ | 40 |  |  | $ | 58,929 |  |  | $ | 11,926 |  |  | $ | 1,697 |
3/31/2017 |  | Seattle, WA (2) |  | 71,748 |  |  | 24,127 |  |  | 30 |  |  | 46,306 |  |  | 844 |  |  | 441 |
|  |  |  | $ | 157,949 |  |  | $ | 37,736 |  |  | $ | 70 |  |  | $ | 105,235 |  |  | $ | 12,770 |  |  | $ | 2,138 |
(1) | On February 1, 2017, we acquired the 483 room Hotel Allegro in Chicago, IL for a purchase price of $86,201, including capitalized acquisition costs of $707. We added this Kimpton® branded hotel to our management agreement with InterContinental Hotels Group, plc, or InterContinental. See Note 8 for further information regarding our InterContinental agreement.
(2) | On March 31, 2017, we acquired the 121 room Hotel Alexis in Seattle, WA for a purchase price of $71,748 including capitalized acquisition costs of $123. We added this Kimpton® branded hotel to our management agreement with InterContinental. See Note 8 for further information regarding our InterContinental agreement.

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration