-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001245105-05-000018.txt : 20050907
<SEC-HEADER>0001245105-05-000018.hdr.sgml : 20050907
<ACCEPTANCE-DATETIME>20050907122225
ACCESSION NUMBER:		0001245105-05-000018
CONFORMED SUBMISSION TYPE:	3/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050816
FILED AS OF DATE:		20050907
DATE AS OF CHANGE:		20050907

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Grondahl Michael J
		CENTRAL INDEX KEY:			0001336887

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14537
		FILM NUMBER:		051072181

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		501-219-2003

	MAIL ADDRESS:	
		STREET 1:		10825 FINANCIAL CENTRE PARKWAY
		STREET 2:		SUITE 100
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72211

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LODGIAN INC
		CENTRAL INDEX KEY:			0001066138
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				522093696
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3445 PEACHTREE ROAD N E SUITE 700
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30326
		BUSINESS PHONE:		4043649400

	MAIL ADDRESS:	
		STREET 1:		3445 PEACHTREE ROAD N E SUITE 700
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30326

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lieblong & Associates, Inc.
		CENTRAL INDEX KEY:			0001337221
		STATE OF INCORPORATION:			AR
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14537
		FILM NUMBER:		051072182

	BUSINESS ADDRESS:	
		STREET 1:		10825 FINANCIAL CENTRE PARKWAY
		STREET 2:		SUITE 100
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72211
		BUSINESS PHONE:		501-219-2003

	MAIL ADDRESS:	
		STREET 1:		10825 FINANCIAL CENTRE PARKWAY
		STREET 2:		SUITE 100
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72211

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KEY COLONY FUND LP
		CENTRAL INDEX KEY:			0001107345
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14537
		FILM NUMBER:		051072184

	BUSINESS ADDRESS:	
		STREET 1:		10825 FINANCIAL CENTRE PKWY, SUITE 100
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72211
		BUSINESS PHONE:		5012192003

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 24520
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72221

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Key Colony Management, LLC
		CENTRAL INDEX KEY:			0001336885
		STATE OF INCORPORATION:			AR
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14537
		FILM NUMBER:		051072183

	BUSINESS ADDRESS:	
		STREET 1:		10825 FINANCIAL CENTRE PARKWAY
		STREET 2:		SUITE 100
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72211
		BUSINESS PHONE:		501-219-2003

	MAIL ADDRESS:	
		STREET 1:		10825 FINANCIAL CENTRE PARKWAY
		STREET 2:		SUITE 100
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72211
</SEC-HEADER>
<DOCUMENT>
<TYPE>3/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2005-08-16</periodOfReport>

    <dateOfOriginalSubmission>2005-08-19</dateOfOriginalSubmission>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001066138</issuerCik>
        <issuerName>LODGIAN INC</issuerName>
        <issuerTradingSymbol>LGN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001107345</rptOwnerCik>
            <rptOwnerName>KEY COLONY FUND LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 24520</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LITTLE ROCK</rptOwnerCity>
            <rptOwnerState>AR</rptOwnerState>
            <rptOwnerZipCode>72221</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001336885</rptOwnerCik>
            <rptOwnerName>Key Colony Management, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10825 FINANCIAL CENTRE PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>LITTLE ROCK</rptOwnerCity>
            <rptOwnerState>AR</rptOwnerState>
            <rptOwnerZipCode>72211</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001337221</rptOwnerCik>
            <rptOwnerName>Lieblong &amp; Associates, Inc.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10825 FINANCIAL CENTRE PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>LITTLE ROCK</rptOwnerCity>
            <rptOwnerState>AR</rptOwnerState>
            <rptOwnerZipCode>72211</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001336887</rptOwnerCik>
            <rptOwnerName>Grondahl Michael J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10825 FINANCIAL CENTRE PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>LITTLE ROCK</rptOwnerCity>
            <rptOwnerState>AR</rptOwnerState>
            <rptOwnerZipCode>72211</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>This Amendment on Form 3/A is filed to include the following joint filers: Key Colony Management, LLC, Lieblong &amp; Associates, Inc. and Michael Grondahl.  See the Form 3 filed on August 19, 2005 for reported holdings of Key Colony Management, LLC, Lieblong &amp; Associates, Inc. and Michael Grondahl.</remarks>

    <ownerSignature>
        <signatureName>/s/ Goodloe M. Partee, Attorney-in-fact for Key Colony Fund, LP, Key Colony Management, LLC, Lieblong &amp; Associates, Inc. and Michael Grondahl.</signatureName>
        <signatureDate>2005-09-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----