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Investment in Marketable Securities (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Investment in Marketable Securities (Textual) [Abstract]          
Investment in marketable securities $ 181,879,000   $ 181,879,000   $ 177,431,000
Impairment on securities included as a component of realized gain (loss) 136,029,000   136,029,000   138,318,000
Net accumulated other comprehensive income     45,850,000   39,113,000
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 2,977,000   2,977,000   10,712,000
Available-for-sale Securities, Accumulated Gross Unrealized Gain (Loss), before Tax 546,000   546,000   2,242,000
Impairments on available for sale securities 1,327,000 $ 0 1,327,000 $ 0  
Dividend Income, Operating 2,650,000 $ 2,390,000 7,950,000 $ 7,853,000  
Xenia Hotels and Resorts, Inc. [Member]          
Investment in Marketable Securities (Textual) [Abstract]          
Investment in marketable securities 86,069,000   86,069,000   86,919,000
Impairment on securities included as a component of realized gain (loss) $ 80,748,000   $ 80,748,000   $ 80,748,000
Investment Owned, Percent of Net Assets 5.00%   5.00%   5.00%
Available-for-sale Securities, Accumulated Gross Unrealized Gain (Loss), before Tax $ 5,321,000   $ 5,321,000   $ 6,171,000