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Subsequent Events
9 Months Ended
Sep. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

Subsequent to September 30, 2017, the Company sold additional shares from its ATM and DRSPP plans. The Company issued 154,496 shares under the ATM Plan at a weighted average price of $21.27, which generated $3.3 million of gross proceeds. We issued 377,192 shares under the DRSPP at a weighted average price of $21.41, which generated $8.1 million of gross proceeds. Proceeds from the shares sold were used to pay down borrowings under the Company's senior unsecured revolving credit facility, including debt incurred in connection with the acquisition of the Portsmouth hotel.