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Investment in Hotel Properties, net (Investments in Hotel Properties, Net) (Details) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Property, Plant and Equipment [Abstract]    
Land $ 210,696 $ 227,620
Buildings and improvements 969,222 1,017,086
Furniture, fixtures and equipment 66,584 68,529
Construction in progress 6,369 2,386
Total cost 1,252,871 1,315,621
Accumulated depreciation (233,982) (224,142)
Investments in hotel properties, net $ 1,018,889 $ 1,091,479