XML 49 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Investment in Hotel Properties, net (Acquisition) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 11, 2017
Mar. 31, 2017
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Business Acquisition [Line Items]            
Transaction costs     $ 2,066 $ 438 $ 6,394 $ 438
Park Hyatt Beaver Creek and Hotel Yountville [Member]            
Business Acquisition [Line Items]            
Transaction costs     2,100   5,000  
Pro Forma Financial Results            
Total revenue     117,662 121,418 236,474 242,138
Net income (loss)     1,936 1,352 9,509 6,054
Net income (loss) attributable to common stockholders     $ (1,223) $ 394 $ 3,921 $ 3,590
Basic (in dollars per share)     $ (0.04) $ 0.01 $ 0.12 $ 0.12
Diluted (in dollars per share)     $ (0.04) $ 0.01 $ 0.12 $ 0.12
Basic (in shares)     31,469 27,916 29,380 28,121
Diluted (in shares)     31,469 28,005 29,553 32,812
Park Hyatt Beaver Creek [Member]            
Business Acquisition [Line Items]            
Ownership interest acquired   100.00%        
Liabilities assumed   $ 67,500        
Consideration transferred   145,500        
Total revenue     $ 4,900   $ 4,900  
Earnings (loss)     (2,000)   (2,000)  
Preliminary and final allocations            
Land   92,470 89,117   89,117  
Buildings and improvements   47,724 51,269   51,269  
Furniture, fixtures and equipment   5,306 5,114   5,114  
Land, Building and improvements, Furniture, fixtures and equipment   145,500 145,500   145,500  
Net other assets (liabilities)   $ 4,528 3,807   3,807  
Adjustments            
Land     (3,353)      
Buildings and improvements     3,545      
Furniture, fixtures and equipment     (192)      
Land, Building and improvements, Furniture, fixtures and equipment     0      
Net other assets (liabilities)     (721)      
Hotel Yountville [Member]            
Business Acquisition [Line Items]            
Ownership interest acquired 100.00%          
Liabilities assumed $ 51,000          
Consideration transferred 96,500          
Total revenue     2,400   2,400  
Earnings (loss)     $ 297   $ 297  
Preliminary and final allocations            
Land 47,849          
Buildings and improvements 41,216          
Furniture, fixtures and equipment 7,351          
Land, Building and improvements, Furniture, fixtures and equipment 96,416          
Inventories 84          
Assets acquired, liabilities assumed, net 96,500          
Net other assets (liabilities) $ (2,141)