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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Room $ 278,466 $ 273,345 $ 258,137
Food and beverage 6,255 6,221 5,536
Other 11,215 10,115 9,534
Cost reimbursements from unconsolidated real estate entities 2,920 4,139 3,743
Total revenue 298,856 293,820 276,950
Hotel operating expenses:      
Room 59,151 57,209 50,165
Food and beverage 5,342 4,928 4,127
Telephone 1,647 1,712 1,708
Other hotel operating 2,886 2,358 2,467
General and administrative 23,639 22,274 21,101
Franchise and marketing fees 23,247 22,412 21,240
Advertising and promotions 5,380 5,147 5,040
Utilities 9,944 9,545 9,464
Repairs and maintenance 13,317 12,444 11,722
Management fees 9,898 9,389 8,742
Insurance 1,228 1,359 1,218
Total hotel operating expenses 155,679 148,777 136,994
Depreciation and amortization 46,292 48,775 48,981
Impairment loss 6,663 0 0
Property taxes, ground rent and insurance 20,916 21,564 18,581
General and administrative 12,825 11,119 11,677
Other charges 523 510 1,451
Reimbursable costs from unconsolidated real estate entities 2,920 4,139 3,743
Total operating expenses 245,818 234,884 221,427
Operating income 53,038 58,936 55,523
Interest and other income 30 51 264
Interest expense, including amortization of deferred fees (27,901) (28,297) (27,924)
Loss on early extinguishment of debt 0 (4) (412)
Gain on sale of hotel property 3,327 0 0
Income from unconsolidated real estate entities 1,582 718 2,411
Income (loss) on sale from unconsolidated real estate entities 0 (10) 3,576
Income before income tax benefit (expense) 30,076 31,394 33,438
Income tax benefit (expense) (396) 301 (260)
Net income 29,680 31,695 33,178
Net income attributable to non-controlling interest (202) (212) (212)
Net income attributable to common shareholders $ 29,478 $ 31,483 $ 32,966
Income per Common Share - Basic:      
Net income attributable to common shareholders (in dollars per share) $ 0.73 $ 0.82 $ 0.87
Income per Common Share - Diluted:      
Net income attributable to common shareholders (in dollars per share) $ 0.73 $ 0.81 $ 0.86
Weighted average number of common shares outstanding:      
Basic (in shares) 39,859,143 38,299,067 37,917,871
Diluted (in shares) 40,112,266 38,482,875 38,322,285
Distributions per common share (in dollars per share) $ 1.32 $ 1.38 $ 1.28