CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities:
Net income	$ 125,292	$ 152,222
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	192,206	171,050
Amortization of deferred financing costs and debt discounts as interest	4,648	4,623
Straight line rental income	(243)	(3,684)
Security deposits applied to payment shortfalls	(17,493)	(27,814)
FF&E reserve income and deposits	(16,631)	(39,592)
Loss on asset impairment	889	7,263
Equity in earnings of an investee	(236)	(111)
Gain on sale of real estate	(10,602)
Other non-cash (income) expense, net	(482)	134
Changes in assets and liabilities:
Increase in other assets	(5,679)	(3,546)
Decrease in accounts payable and other liabilities	(15,354)	(20,413)
Increase in due to related persons	8,347	8,596
Cash provided by operating activities	264,662	248,728
Cash flows from investing activities:
Real estate acquisitions	(150,500)
Real estate improvements	(195,089)	(45,614)
FF&E reserve fundings	(67,652)	(11,425)
Net proceeds from sale of real estate	34,204	6,905
Investment in TravelCenters of America common shares		(5,690)
Increase in security deposits		37,000
Cash used in investing activities	(379,037)	(18,824)
Cash flows from financing activities:
Proceeds from issuance of preferred shares, net	280,107
Proceeds from unsecured term loan	400,000
Proceeds from issuance of senior notes, net of discount	491,975
Redemption of preferred shares	(236,250)
Repayment of senior notes	(387,829)
Repurchase of convertible senior notes	(70,576)
Repayment of mortgage note		(3,383)
Borrowings under revolving credit facility	378,000	200,000
Repayments of revolving credit facility	(527,000)	(229,000)
Deferred financing costs	(6,394)	(6,852)
Distributions to preferred shareholders	(32,048)	(22,410)
Distributions to common shareholders	(166,789)	(166,654)
Cash provided by (used in) financing activities	123,196	(228,299)
Increase in cash and cash equivalents	8,821	1,605
Cash and cash equivalents at beginning of period	8,303	4,882
Cash and cash equivalents at end of period	17,124	6,487
Supplemental cash flow information:
Cash paid for interest	120,153	117,958
Cash paid for income taxes	1,535	1,354
Non-cash investing activities:
Property managers' deposits in FF&E reserve	17,452	42,497
Property managers' purchases with FF&E reserve	(101,381)	(92,795)
Non-cash financing activities:
Issuance of common shares	$ 2,533	$ 1,366