Real Estate Properties (Tables)

9 Months Ended

Sep. 30, 2013

Full service hotel in Duluth, GA

Real estate properties

Schedule of allocation of the acquisition cost to the estimated fair value of assets acquired

Land	$	2,000
Building	24,300
Furniture, fixtures and equipment	3,400
	$	29,700

Royal Sonesta Hotel

Real estate properties

Schedule of allocation of the acquisition cost to the estimated fair value of assets acquired

Land	$	12,564
Building	108,245
	$	120,809

Full service hotel in Florham Park, NJ

Real estate properties

Schedule of allocation of the acquisition cost to the estimated fair value of assets acquired

Land	$	5,098
Building	43,404
Furniture, fixtures and equipment	3,540
Intangible assets	708
	$	52,750