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Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUE        
Rooms department $ 18,152,020 $ 17,756,867 $ 32,401,979 $ 31,700,572
Food and beverage department 5,974,795 6,181,542 10,826,366 11,176,007
Other operating departments 1,123,828 1,174,113 2,212,109 2,261,088
Total revenue 25,250,643 25,112,522 45,440,454 45,137,667
Hotel operating expenses        
Rooms department 4,563,463 4,470,159 8,577,196 8,420,645
Food and beverage department 3,690,911 3,958,150 6,915,391 7,355,536
Other operating departments 119,350 117,445 226,025 240,938
Indirect 8,756,559 8,706,610 16,571,618 16,642,698
Total hotel operating expenses 17,130,283 17,252,364 32,290,230 32,659,817
Depreciation and amortization 2,031,050 2,195,591 4,083,871 4,375,554
Corporate general and administrative 1,123,684 962,948 2,217,471 2,094,534
Total operating expenses 20,285,017 20,410,903 38,591,572 39,129,905
NET OPERATING INCOME 4,965,626 4,701,619 6,848,882 6,007,762
Other income (expense)        
Interest expense (2,332,644) (4,283,732) (5,013,191) (7,572,362)
Interest income 3,654 3,169 7,559 7,852
Equity income (loss) in joint venture 87,377 (88,080) 557,116 177,714
Unrealized gain (loss) on warrant derivative 88,855 (1,521,142) (2,680,210) (2,684,900)
Net income (loss) before income taxes 2,812,868 (1,188,166) (279,844) (4,063,934)
Provision for income tax (1,111,818) (958,146) (1,374,873) (1,062,721)
Net income (loss) 1,701,050 (2,146,312) (1,654,717) (5,126,655)
Add: Net (income) loss attributable to the noncontrolling interest (390,458) 492,658 370,392 1,178,647
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY $ 1,310,592 $ (1,653,654) $ (1,284,325) $ (3,948,008)
Net income (loss) per share attributable to the Company        
Basic $ 0.13 $ (0.17) $ (0.13) $ (0.40)
Diluted $ 0.12 $ (0.16) $ (0.12) $ (0.38)
Weighted average number of shares outstanding        
Basic 10,156,927 9,999,786 10,118,862 9,991,445
Diluted 11,132,542 10,623,642 11,030,444 10,442,799