Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2011

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

	2011
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Revenues	$	281,984	$	313,809	$	318,689	$	295,851
Net income		53,048		51,643		47,531		38,218
Net income available for common shareholders		45,578		44,173		40,061		30,748
Net income available for common shareholders per share(1)		0.37		0.36		0.32		0.25
Distributions per common share(2)		0.45		0.45		0.45		0.45

	2010
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Revenues	$	254,108	$	282,391	$	281,198	$	267,791
Net income (loss)		40,865		23,210		50,232		(92,956	)
Net income (loss) available for common shareholders(1)		33,395		15,740		42,762		(100,426	)
Net income (loss) available for common shareholders per share(2)		0.27		0.13		0.35		(0.81	)
Distributions per common share(3)		0.45		0.45		0.45		0.45

(1)

We recorded a $163,681, or $1.33 per share, loss on asset impairment in the fourth quarter of 2010 to reduce the carrying value of certain of our hotels to their estimated fair value.

(2)

The sum of per common share amounts for the four quarters differs from annual per share amounts due to the required method of computing weighted average number of shares in interim periods and rounding.

(3)

Amounts represent distributions paid in the periods shown.