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Summary of Significant Accounting Policies (Details Textual) (USD $)
6 Months Ended
Jun. 30, 2012
Segment
Room
Property
Statements
Dec. 31, 2011
Jan. 19, 2011
Employee
Property
Summary of Significant Accounting Policies (Textual) [Abstract]      
Number of common stock sold, shares     31,625,000
Common stock price per share $ 22.56   $ 20.50
Shares of common stock issued to accredited prior investors     7,030,084
Common units of limited partnership interests issued to accredited prior investors     18,145,039
Aggregate value of common units of limited partnership interests issued to accredited prior investors     $ 516,100,000
Cash paid to non-accredited prior investors from IPO     6,100,000
Revolving credit facility     250,000,000
Maximum revolving credit facility available under specified circumstances 213,800,000   400,000,000
Indebtedness 964,538,000 943,479,000 342,000,000
Defeasance costs     24,300,000
Loan transfer and consent and credit facility origination fees     10,800,000
Loan transfer and consent and credit facility origination fees prepaid by predecessor     700,000
Net proceeds from IPO     594,600,000
IPO offering costs paid by predecessor     $ 1,900,000
Properties of entities with controlling ownership interests     17
Properties of entities with non-controlling ownership interests     4
Percent ownership of predecessor     25.00%
Number of employees     130
Office, retail, multifamily, and mixed-use Operating properties 22    
Properties held for development 5    
Number of operating segments 4    
Rooms in mixed-use segment all-suite hotel 369    
Number of statements of comprehensive income 1    
Number of consecutive statements of comprehensive income 2