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Debt (Details) (USD $)
1 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended
Sep. 30, 2012
Jul. 31, 2011
Jun. 30, 2011
Dec. 31, 2012
Hotels
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Line of Credit [Member]
Mar. 31, 2011
Line of Credit [Member]
Dec. 31, 2012
Line of Credit [Member]
Libor Plus Three Point Three Seven Five Due June 2016 [Member]
Hotels
Dec. 31, 2011
Line of Credit [Member]
Libor Plus Three Point Three Seven Five Due June 2016 [Member]
Mar. 31, 2011
Line of Credit [Member]
Libor Plus Four Point Five Percent Due August 2014 [Member]
Dec. 31, 2012
Mortgages [Member]
Dec. 31, 2011
Mortgages [Member]
May 31, 2010
Mortgages [Member]
Loan
Dec. 31, 2011
Mortgages [Member]
Libor Plus Three Point Three Seven Five Due June 2016 [Member]
Hotels
Dec. 31, 2012
Mortgages [Member]
Four Point Nine Five Percent Due October 2022 [Member]
Hotels
Sep. 30, 2012
Mortgages [Member]
Four Point Nine Five Percent Due October 2022 [Member]
Loan
Dec. 31, 2011
Mortgages [Member]
Four Point Nine Five Percent Due October 2022 [Member]
Dec. 31, 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]
Dec. 31, 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]
Dec. 31, 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
Mortgages [Member]
Nine Point Zero Two Percent Due April 2014 [Member]
Sep. 30, 2012
Mortgages [Member]
Libor Plus Two Point Two Zero Percent Due May 2013 [Member]
Hotels
Dec. 31, 2012
Mortgages [Member]
Eight Point One Percent Mortgage Loan [Member]
Mar. 31, 2011
Mortgages [Member]
Secured Loan 1 & 2 [Member]
Hotels
Oct. 30, 2011
Mortgages [Member]
CMBS Mortgage Loan [Member]
Oct. 31, 2011
Mortgages [Member]
CMBS Mortgage Loan [Member]
Jun. 30, 2011
Senior Notes [Member]
Apr. 30, 2011
Senior Notes [Member]
Dec. 31, 2012
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Hotels
Jun. 30, 2011
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Apr. 30, 2011
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Dec. 31, 2011
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Dec. 31, 2010
Senior Notes [Member]
Ten Point Zero Zero Percent Due October 2014 [Member]
Dec. 31, 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]
Dec. 31, 2012
Senior Notes [Member]
Five Point Six Two Five Percent Due March 2023 [Member]
Hotels
Dec. 31, 2011
Senior Notes [Member]
Five Point Six Two Five Percent Due March 2023 [Member]
May 31, 2011
Senior Notes [Member]
Senior Notes Due 2011 [Member]
Aug. 31, 2012
Secured Debt [Member]
May 31, 2012
Secured Debt [Member]
Jul. 31, 2011
Secured Debt [Member]
Jun. 30, 2011
Secured Debt [Member]
Hotels
May 31, 2011
Secured Debt [Member]
Mar. 31, 2011
Secured Debt [Member]
Jun. 30, 2010
Secured Debt [Member]
Dec. 31, 2011
Secured Debt [Member]
Mar. 31, 2011
Secured Debt [Member]
Secured Loan 1 [Member]
Mar. 31, 2011
Secured Debt [Member]
Secured Loan 2 [Member]
Dec. 31, 2012
Other Debt [Member]
Libor Plus One Point Two Five Percent Due May 2016 [Member]
Hotels
Dec. 31, 2011
Other Debt [Member]
Libor Plus One Point Two Five Percent Due May 2016 [Member]
Dec. 31, 2011
Knickerbocker [Member]
Secured Debt [Member]
Nov. 30, 2012
Knickerbocker [Member]
Construction Loans [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]
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
Jun. 30, 2011
New Loan Obtained to Refinance Old Loan [Member]
Hotels
Jun. 30, 2011
Refinanced Old Loan [Member]
May 31, 2011
Royalton / Morgans [Member]
Debt Instrument [Line Items]                                                                                                                              
Number of encumbered hotels (in hotels)       46         8           8 4 [1]     1   5 [1]   1                   11 [2]         6   10                         0 [3]                    
Variable rate basis                 LIBOR   LIBOR                                   LIBOR                                               LIBOR [3]                    
Variable rate basis spread                 3.375% 3.375% 4.50%                                     2.20%                                             1.25% [3]                    
Interest rate                               4.95% [1] 4.95%   4.94%   6.66% [1]   5.81%   9.02%   8.10%         10.00% 10.00% [2]         6.75%   5.625%                                              
Long-term debt       $ 1,630,525,000 $ 1,596,466,000       $ 56,000,000 $ 0       $ 32,000,000   $ 128,066,000 [1]   $ 0 [1] $ 32,176,000 $ 0 $ 65,431,000 [1] $ 67,375,000 [1] $ 10,405,000 $ 10,876,000           $ 158,000,000     $ 223,586,000 [2]     $ 459,931,000 [2]   $ 525,000,000 $ 525,000,000 $ 525,000,000 $ 0                 $ 1,600,000,000     $ 64,861,000 [3] $ 0 [3]             $ 24,000,000 $ 27,800,000  
Senior debt repaid       0 533,284,000                                                   46,400,000   258,000,000 144,000,000 144,000,000             46,000,000     35,200,000       130,000,000                            
Credit facility, capacity             225,000,000 225,000,000                                                                                                              
Term of line of credit extension             1 year                                                                                                                
Face amount of debt                                 160,800,000                               234,000,000       636,000,000                       177,000,000                            
Debt, effective yield                                                                 12.875%                                                            
Repayments of secured debt                                                 107,000,000 60,000,000 186,500,000                               24,900,000 69,200,000   7,300,000 45,300,000       198,300,000 28,800,000                      
Number of loans (in loans)                           2     5                                                                                            
Term of loan                                 10 years                                                                                            
Hotels securing retired loans                                                   5                                       1                     7 4 3   1    
Number of unencumbered hotels (in hotels)                                                                                                                       2      
Debt extinguishment charges 11,600,000 187,000                   62,100,000                                           27,400,000                                                          
Payments for repayment of debt, cash on hand                                                                                               52,100,000                              
Number of hotels securing debt (in hotels)                                                       11                                                                      
Commitment fee                     0.40%                                                                                                        
Decrease in commitment fee                     0.10%                                                                                                        
Use of proceeds from issuance of debt                                                                                                                             140,000,000
Forgiveness of debt                                                                                                                           3,800,000  
Gains (losses) on extinguishment of debt     3,700,000                                                                                                                        
Net proceeds from common stock issuance       0 158,476,000 166,327,000                                                                                                                  
Redemption price                                                                   110.00%                                                          
Term of loan extension                                                         2 years                                                                    
Repayment pf principal amount       23,300,000 7,400,000                                               20,000,000                                                                    
Mortgage loan secured by cash                                                                                                             64,900,000                
Number of hotels secured by first lien mortgages and related security interests and / or negative pledges (in hotels)       27                                                                                                                      
Aggregate net book value       1,600,000,000                                                                                                                      
Number of hotels not under lock-box arrangements (in hotels)       2                                                                                                                      
Notional amount of interest rate cap                       202,400,000 212,000,000                                                                                                    
Interest expense       125,346,000 130,423,000 131,954,000                                                                                                                  
Interest income       138,000 235,000 377,000                                                                                                                  
Capitalized interest       12,900,000 2,200,000 638,000                                                                                                                  
Maturities of Long-term Debt [Abstract]                                                                                                                              
2013       4,752,000                                                                                                                      
2014       300,192,000                                                                                                                      
2015       3,107,000                                                                                                                      
2016       132,326,000                                                                                                                      
2017       2,810,000                                                                                                                      
Thereafter       1,197,656,000                                                                                                                      
Aggregate principal outstanding       1,640,843,000                                                                                                                      
Discount accretion over term       (10,318,000)                                                                                                                      
Long-term debt       1,630,525,000 1,596,466,000       56,000,000 0       32,000,000   128,066,000 [1]   0 [1] 32,176,000 0 65,431,000 [1] 67,375,000 [1] 10,405,000 10,876,000           158,000,000     223,586,000 [2]     459,931,000 [2]   525,000,000 525,000,000 525,000,000 0                 1,600,000,000     64,861,000 [3] 0 [3]             24,000,000 27,800,000  
Maximum Borrowing Capacity of Construction Loan                                                                                                               $ 85,000,000              
[1] This debt is comprised of separate non-cross-collateralized loans each secured by a mortgage of a different hotel.
[2] We originally issued $636 million (face amount) of these notes. After redemptions in 2011 and 2012, $234 million (face amount) of these notes were outstanding at December 31, 2012. These notes were initially sold at a discount that provided an effective yield of 12.875% before transaction costs.
[3] This loan is related to our Knickerbocker development 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. This loan can be extended for one year subject to satisfying certain conditions.