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Debt (Details) (USD $)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended
Sep. 30, 2012
Hotels
Sep. 30, 2012
Hotels
Sep. 30, 2011
Sep. 30, 2012
Hotels
Sep. 30, 2011
Dec. 31, 2011
Sep. 30, 2012
Line of Credit [Member]
Sep. 30, 2012
Line of Credit [Member]
Libor Plus Four Point Five Percent Due August 2014 [Member]
Hotels
Dec. 31, 2011
Line of Credit [Member]
Libor Plus Four Point Five Percent Due August 2014 [Member]
Sep. 30, 2012
Mortgages [Member]
Four Point Nine Four Percent Due October 2022 [Member]
Hotels
Dec. 31, 2011
Mortgages [Member]
Four Point Nine Four Percent Due October 2022 [Member]
Sep. 30, 2012
Mortgages [Member]
Libor Plus Five Point One Zero Percent Due April 2015 [Member]
Hotels
Dec. 31, 2011
Mortgages [Member]
Libor Plus Five Point One Zero Percent Due April 2015 [Member]
Sep. 30, 2012
Mortgages [Member]
Four Point Nine Five Percent Due October 2022 [Member]
Loan
Sep. 30, 2012
Mortgages [Member]
Four Point Nine Five Percent Due October 2022 [Member]
Hotels
Dec. 31, 2011
Mortgages [Member]
Four Point Nine Five Percent Due October 2022 [Member]
Sep. 30, 2012
Mortgages [Member]
Libor Plus Two Point Two Zero Percent Due May 2013 [Member]
Hotels
Sep. 30, 2012
Mortgages [Member]
Nine Point Zero Two Percent Due April 2014 [Member]
Sep. 30, 2012
Mortgages [Member]
Six Point Six Six Percent Due June Through August 2014 [Member]
Hotels
Dec. 31, 2011
Mortgages [Member]
Six Point Six Six Percent Due June Through August 2014 [Member]
Sep. 30, 2012
Mortgages [Member]
Five Point Eight One Percent Due July 2016 [Member]
Hotels
Dec. 31, 2011
Mortgages [Member]
Five Point Eight One Percent Due July 2016 [Member]
Sep. 30, 2012
Senior Notes [Member]
Six Point Seven Five Percent Due June 2019 [Member]
Hotels
Dec. 31, 2011
Senior Notes [Member]
Six Point Seven Five Percent Due June 2019 [Member]
Jan. 31, 2012
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Jun. 30, 2011
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Sep. 30, 2012
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Hotels
Dec. 31, 2011
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Sep. 30, 2012
Other Debt [Member]
Hotels
Sep. 30, 2012
Other Debt [Member]
Libor Plus One Point Five Zero Percent Due December 2012 [Member]
Dec. 31, 2011
Other Debt [Member]
Libor Plus One Point Five Zero Percent Due December 2012 [Member]
Aug. 31, 2012
Secured Debt [Member]
May 31, 2012
Secured Debt [Member]
Sep. 30, 2012
Minimum [Member]
Mortgages [Member]
Libor Plus Five Point One Zero Percent Due April 2015 [Member]
Oct. 31, 2012
Subsequent Event [Member]
Knickerbocker [Member]
Mortgages [Member]
Libor Plus 125 Basis Points Due April 2016 [Member]
Oct. 31, 2012
Subsequent Event [Member]
Knickerbocker [Member]
Mortgages [Member]
Libor Plus 400 Basis Points Due April 2016 [Member]
Sep. 30, 2012
Pool of Hotels Securing Repaid Loan [Member]
Mortgages [Member]
Nine Point Zero Two Percent Due April 2014 [Member]
Hotels
Sep. 30, 2012
Hotels Mortgaged to Support New Loans [Member]
Mortgages [Member]
Nine Point Zero Two Percent Due April 2014 [Member]
Hotels
Sep. 30, 2012
Hotels Unencumbered [Member]
Nine Point Zero Two Percent Due April 2014 [Member]
Hotels
Sep. 30, 2012
Hotels Unencumbered [Member]
Mortgages [Member]
Libor Plus Two Point Two Zero Percent Due May 2013 [Member]
Hotels
Sep. 30, 2012
Non-Strategic [Member]
Mortgages [Member]
Libor Plus Two Point Two Zero Percent Due May 2013 [Member]
Hotels
Sep. 30, 2012
Non-Strategic [Member]
Mortgages [Member]
Nine Point Zero Two Percent Due April 2014 [Member]
Hotels
Sep. 30, 2012
Used to Secure New Loan [Member]
Mortgages [Member]
Libor Plus Two Point Two Zero Percent Due May 2013 [Member]
Hotels
Debt Instrument [Line Items]                                                                                      
Number of encumbered hotels (in hotels) 45 45   45       10 [1]   1   7 [2]   5 4 [3]       5 [3]   1   6       11 [4]   0 [5]                            
Number of unencumbered hotels (in hotels)                                                                                 2   1
Interest rate                   4.94%       4.95% 4.95%     9.02% 6.66%   5.81%   6.75%       10.00% [4]                                
Variable rate basis                                                         LIBOR                            
Variable rate basis spread               4.50%       5.10%                                   1.50%         1.25% 4.00%              
Long-term Debt $ 1,598,094,000 $ 1,598,094,000   $ 1,598,094,000   $ 1,596,466,000   $ 117,000,000 [1] $ 0 $ 32,250,000 $ 0 $ 186,529,000 $ 202,982,000   $ 128,500,000 $ 0     $ 65,935,000 $ 67,375,000 $ 10,521,000 $ 10,876,000 $ 525,000,000 $ 525,000,000     $ 467,499,000 [4] $ 459,931,000 [4]   $ 64,860,000 [5] $ 64,860,000 [5]                        
Credit facility, capacity             225,000,000                                                                        
Term of Line of Credit Extension             1 year                                                                        
Basis floor on variable rate                                                                   3.00% [2]                  
Notional amount of interest rate cap                       202,000,000                                                              
Interest rate cap (as a percent)                       5.40% [2]                                                              
Aggregate principal outstanding                                                     492,000,000                                
Debt repaid       0   265,442,000                                     96,000 144,000,000                                  
Debt, effective yield                                                     12.875%                                
Repayments of Secured Debt                                 60,000,000 107,000,000                           24,900,000 69,200,000                    
Hotels securing retired loans                                 5                                       7 4 3 4   2  
Interest expense   31,359,000 32,865,000 93,547,000 98,172,000                                                                            
Interest income   (34,000) (59,000) (117,000) (151,000)                                                                            
Capitalized interest   3,100,000 403,000 9,700,000 913,000                                                                            
Debt Instrument, Face Amount                             160,800,000                                                        
Term of Loan                           10 years 10 years                                                        
Payments of Debt Extinguishment Costs $ 11,600,000                                                                                    
[1] Our $225 million line of credit can be extended for one year (to 2015), subject to satisfying certain conditions.
[2] LIBOR (for this loan) is subject to a 3% floor. We purchased an interest rate cap ($202 million notional amount) that caps LIBOR at 5.4% and expires May 2013.
[3] The hotels securing this debt are subject to separate loan agreements and are not cross-collateralized.
[4] These notes have $492 million in aggregate principal outstanding ($144 million and $96,000 in aggregate principal amount was redeemed in June 2011 and January 2012, respectively) and were initially sold at a discount that provided an effective yield of 12.875% before transaction costs.
[5] This loan is related to our Knickerbocker redevelopment project and is fully secured by restricted cash and a mortgage. Because we were able to assume an existing loan when we purchased this hotel, we were not required to pay any local mortgage recording tax. When that loan is transferred to a new lender and made part of our construction loan, we expect to only pay such tax to the extent of the incremental principal amount of the construction loan.