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Subsequent Events (Tables)
 12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Schedule of Management Agreement Terms
As of December 31, 2016, terms of the Company's management agreements are (dollars are not in thousands):
Property
Management Company
Base Management Fee
Monthly Accounting Fee
Monthly Revenue Management Fee
Incentive Management Fee Cap
Courtyard Altoona
Concord
4.0
%
$
1,211

$
—

—
%
Springhill Suites Washington
Concord
4.0
%
991

—

—
%
Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington
IHM
2.0
%
1,000

550

1.0
%
Homewood Suites by Hilton Minneapolis-Mall of America
IHM
2.0
%
1,000

550

1.0
%
Homewood Suites by Hilton Nashville-Brentwood
IHM
2.0
%
1,000

550

1.0
%
Homewood Suites by Hilton Dallas-Market Center
IHM
2.0
%
1,000

550

1.0
%
Homewood Suites by Hilton Hartford-Farmington
IHM
2.0
%
1,000

550

1.0
%
Homewood Suites by Hilton Orlando-Maitland
IHM
2.0
%
1,000

550

1.0
%
Homewood Suites by Hilton Carlsbad (North San Diego County)
IHM
3.0
%
1,000

—

1.0
%
Hampton Inn & Suites Houston-Medical Center
IHM
3.0
%
1,000

—

1.0
%
Residence Inn Long Island Holtsville
IHM
3.0
%
1,000

—

1.0
%
Residence Inn White Plains
IHM
3.0
%
1,000

850

1.0
%
Residence Inn New Rochelle
IHM
3.0
%
1,000

850

1.0
%
Residence Inn Garden Grove
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn Mission Valley
IHM
3.0
%
1,200

1,000

1.0
%
Homewood Suites by Hilton San Antonio River Walk
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn Washington DC
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn Tysons Corner
IHM
3.0
%
1,200

1,000

1.0
%
Hampton Inn Portland Downtown
IHM
3.0
%
1,000

550

1.0
%
Courtyard Houston
IHM
3.0
%
1,000

550

1.0
%
Hyatt Place Pittsburgh North Shore
IHM
3.0
%
1,500

1,000

1.0
%
Hampton Inn Exeter
IHM
3.0
%
1,200

1,000

1.0
%
Hilton Garden Inn Denver Tech
IHM
3.0
%
1,500

1,000

1.0
%
Residence Inn Bellevue
IHM
3.0
%
1,200

1,000

1.0
%
Springhill Suites Savannah
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn Silicon Valley I
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn Silicon Valley II
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn San Mateo
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn Mountain View
IHM
3.0
%
1,200

1,000

1.0
%
Hyatt Place Cherry Creek
IHM
3.0
%
1,500

1,000

1.0
%
Courtyard Addison
IHM
3.0
%
1,500

1,000

1.0
%
Courtyard West University Houston
IHM
3.0
%
1,500

1,000

1.0
%
Residence Inn West University Houston
IHM
3.0
%
1,200

1,000

1.0
%
Hilton Garden Inn Burlington
IHM
3.0
%
1,500

1,000

1.0
%
Residence Inn San Diego Gaslamp
IHM
3.0
%
1,500

1,000

1.0
%
Hilton Garden Inn Marina del Rey
IHM
3.0
%
1,500

1,000

1.0
%
Residence Inn Dedham
IHM
3.0
%
1,200

1,000

1.0
%
Residence Inn Il Lugano
IHM
3.0
%
1,500

1,000

1.0
%
Terms of the Company's management agreements are (dollars are not in thousands):

Property
Base Management Fee
Monthly Accounting Fee
Monthly Revenue Management Fee
Incentive Management Fee Cap
Courtyard Altoona
3.0
%
$
1,500

$
1,000

1.0
%
Springhill Suites Washington
3.0
%
1,200

1,000

1.0
%