Hersha Hospitality Trust (HT) 10-Q 27 Jul 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 25, 2017
Entity Registrant Name	HERSHA HOSPITALITY TRUST
Entity Central Index Key	1,063,344
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Class A Common Shares [Member]
Entity Common Stock, Shares Outstanding		41,834,274
Class B Common Shares [Member]
Entity Common Stock, Shares Outstanding		0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Investment in Hotel Properties, Net of Accumulated Depreciation	$ 2,051,750	$ 1,767,570
Investment in Unconsolidated Joint Ventures	3,567	11,441
Cash and Cash Equivalents	59,600	185,644
Escrow Deposits	7,218	8,993
Hotel Accounts Receivable, Net of Allowance for Doubtful Accounts of $43 and $91	12,374	8,769
Due from Related Parties	6,330	18,332
Intangible Assets, Net of Accumulated Amortization of $5,488 and $4,532	17,105	16,944
Other Assets	38,224	39,370
Hotel Assets Held for Sale		98,473
Total Assets	2,196,168	2,155,536
Liabilities and Equity:
Unsecured Term Loans, Net of Unamortized Deferred Financing Costs (Note 5)	707,740	663,500
Unsecured Notes Payable, Net of Unamortized Deferred Financing Costs (Note 5)	50,604	50,578
Mortgages Payable, Net of Unamortized Premium and Unamortized Deferred Financing Costs	311,850	337,821
Accounts Payable, Accrued Expenses and Other Liabilities	71,108	65,106
Dividends and Distributions Payable	17,590	26,050
Due to Related Parties	0
Liabilities Related To Hotel Assets Held for Sale		51,428
Deferred Gain on Disposition of Hotel Assets	81,269	81,314
Total Liabilities	1,240,161	1,275,797
Shareholders' Equity:
Preferred Shares: $.01 Par Value, 29,000,000 Shares Authorized, 3,000,000 Series C, 7,700,000 Series D and 4,000,000 Series E Shares Issued and Outstanding at June 30, 2017 and December 31, 2016 , with Liquidation Preferences of $25 Per Share (Note 1)	147	147
Accumulated Other Comprehensive Income	209	1,373
Additional Paid-in Capital	1,198,941	1,198,311
Distributions in Excess of Net Income	(295,523)	(364,831)
Total Shareholders' Equity	904,192	835,418
Noncontrolling Interests (Note 1):
Total Noncontrolling Interests	51,815	44,321
Total Equity	956,007	879,739
Total Liabilities and Equity	2,196,168	2,155,536
Class A Common Shares [Member]
Shareholders' Equity:
Common Shares	418	418
Class B Common Shares [Member]
Shareholders' Equity:
Common Shares

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Hotel Accounts Receivable, Allowance for Doubtful Accounts	$ 43	$ 91
Intangible Assets, Accumulated Amortization	$ 5,488	$ 4,532
Shareholders' Equity:
Preferred Shares - Outstanding (in shares)	14,700,000	14,700,000
Series C, D and E Preferred Shares [Member]
Shareholders' Equity:
Preferred Shares - Par Value (in dollars per share)	$ 0.01	$ 0.01
Preferred Shares - Authorized (in shares)	29,000,000	29,000,000
Preferred Shares - Liquidation Preference Value (in dollars per share)	$ 25	$ 25
Series C Preferred Shares [Member]
Shareholders' Equity:
Preferred Shares - Issued (in shares)	3,000,000	3,000,000
Preferred Shares - Outstanding (in shares)	3,000,000	3,000,000
Series D Preferred Shares [Member]
Shareholders' Equity:
Preferred Shares - Issued (in shares)	7,700,000	7,700,000
Preferred Shares - Outstanding (in shares)	7,700,000	7,700,000
Series E Preferred Stock [Member]
Shareholders' Equity:
Preferred Shares - Issued (in shares)	4,000,000	4,000,000
Preferred Shares - Outstanding (in shares)	4,000,000	4,000,000
Class A Common Shares [Member]
Shareholders' Equity:
Common Shares - Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Shares - Authorized (in shares)	104,000,000	90,000,000
Common Shares - Issued (in shares)	41,827,466	41,770,514
Common Shares - Outstanding (in shares)	41,827,466	41,770,514
Class B Common Shares [Member]
Shareholders' Equity:
Common Shares - Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Shares - Authorized (in shares)	1,000,000	1,000,000
Common Shares - Issued (in shares)	0	0
Common Shares - Outstanding (in shares)	0	0

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue:
Hotel Operating Revenues		$ 137,016	$ 127,629	$ 244,968	$ 234,476
Other Revenues		988	94	1,034	100
Total Revenues		138,004	127,723	246,002	234,576
Operating Expenses:
Hotel Operating Expenses		76,522	65,900	143,789	131,618
Hotel Ground Rent		894	892	1,701	1,785
Real Estate and Personal Property Taxes and Property Insurance		8,068	7,949	15,694	17,105
General and Administrative (including Share Based Payments of $1,553 and $1,873, and $2,982 and $4,279 for the three and six months ended June 30, 2017 and 2016, respectively)		6,598	6,455	11,223	11,855
Acquisition and Terminated Transaction Costs		1,124	55	1,824	1,563
Depreciation and Amortization		20,114	18,495	39,576	38,555
Total Operating Expenses		113,320	99,746	213,807	202,481
Operating Income		24,684	27,977	32,195	32,095
Interest Income		72	78	197	124
Interest Expense		(10,590)	(11,281)	(20,439)	(23,502)
Other Expense		(279)	(633)	(678)	(739)
Gain on Disposition of Hotel Properties		70,852	95,276	89,583	95,276
Loss on Debt Extinguishment			(1,049)	(274)	(1,091)
Income Before Results from Unconsolidated Joint Venture Investments and Income Taxes		84,739	110,368	100,584	102,163
Income (Loss) from Unconsolidated Joint Ventures		711	1,521	(3,175)	1,307
Gain from Remeasurement of Investment in Unconsolidated Joint Venture				16,239
Income from Unconsolidated Joint Venture Investments		711	1,521	13,064	1,307
Income Before Income Taxes		85,450	111,889	113,648	103,470
Income Tax (Expense) Benefit		(662)	3,070	(2,905)	3,070
Net Income		84,788	114,959	110,743	106,540
Income Allocated to Noncontrolling Interests		(4,758)	(4,748)	(5,939)	(4,061)
Preferred Distributions		(6,042)	(4,000)	(12,084)	(7,589)
Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares			(4,021)		(4,021)
Net Income Applicable to Common Shareholders		$ 73,988	$ 102,190	$ 92,720	$ 90,869
BASIC
Income from Continuing Operations Applicable to Common Shareholders		$ 1.77	$ 2.35	$ 2.22	$ 2.06
DILUTED
Income from Continuing Operations Applicable to Common Shareholders		$ 1.75	$ 2.33	$ 2.19	$ 2.04
Weighted Average Common Shares Outstanding:
Basic		41,737,044	43,427,726	41,727,056	43,903,526
Diluted	[1]	42,207,841	43,863,577	42,201,126	44,384,969
[1]	Income allocated to noncontrolling interest in Hersha Hospitality Limited Partnership (the "Operating Partnership" or "HHLP") has been excluded from the numerator and the Class A common shares issuable upon any redemption of the Operating Partnership's common units of limited partnership interest ("Common Units") and the Operating Partnership's vested LTIP units ("Vested LTIP Units") have been omitted from the denominator for the purpose of computing diluted earnings per share because the effect of including these shares and units in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income applicable to common shareholders.

Consolidated Statements Of Ope5

Consolidated Statements Of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Potentially dilutive securities that have been excluded from earnings per share:
Share Based Payments	$ 2,527	$ 1,873	$ 3,956	$ 4,279
Common Units and Vested LTIP Units [Member]
Potentially dilutive securities that have been excluded from earnings per share:
Potentially Dilutive Securities Excluded from the Denominator	2,715,951	2,184,008	2,673,739	2,120,260

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Consolidated Statements Of Comprehensive Income [Abstract]
Net Income	$ 84,788	$ 114,959	$ 110,743	$ 106,540
Other Comprehensive (Loss) Income
Change in Fair Value of Derivative Instruments	(1,179)	(124)	(959)	(540)
Less: Reclassification Adjustment for Change in Fair Value of Derivative Instruments Included in Net Income	(130)	140	(280)	319
Total Other Comprehensive (Loss) Income	(1,309)	16	(1,239)	(221)
Comprehensive Income	83,479	114,975	109,504	106,319
Less: Comprehensive Income Attributable to Noncontrolling Interests	(1,117)	(4,748)	(5,865)	(4,061)
Less: Preferred Distributions	(6,042)	(4,000)	(12,084)	(7,589)
Less: Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares		(4,021)		(4,021)
Comprehensive Income Attributable to Common Shareholders	$ 76,320	$ 102,206	$ 91,555	$ 90,648

Consolidated Statements Of Equi

Consolidated Statements Of Equity - USD ($) $ in Thousands	Common Shares [Member]Class A Common Shares [Member]	Common Shares [Member]Class B Common Shares [Member]	Common Shares [Member]	Preferred Shares [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income [Member]	Distributions in Excess of Net Income [Member]	Total Shareholders' Equity [Member]	Noncontrolling Interests Common Units And LTIP Units [Member]	Noncontrolling Interests Consolidated Variable Interest Entity [Member]	Total Noncontrolling Interests [Member]	Total
Balance at Dec. 31, 2015	$ 444			$ 76	$ 1,086,259	$ (466)	$ (408,274)	$ 678,039	$ 31,876	$ (1,760)	$ 30,116	$ 708,155
Balance (in shares) at Dec. 31, 2015			44,457,368	7,600,000					2,319,301
Repurchase of Common Shares	(20)				(39,105)		(2)	(39,127)				(39,127)
Repurchase of Common Shares (in shares)			(2,072,007)
Preferred Shares
Preferred Shares Offering, Net of Costs				$ 77	185,933			186,010				186,010
Preferred Shares Offering, Net of Costs (in shares)				7,700,000
Preferred Share Redemption				$ (46)	(114,954)			(115,000)				(115,000)
Preferred Share Redemption (in shares)				(4,600,000)
Dividends and Distributions declared:
Common Shares							(24,357)	(24,357)				(24,357)
Preferred Shares							(7,589)	(7,589)				(7,589)
Common Units									$ (954)		(954)	(954)
LTIP Units									(882)		(882)	(882)
Dividend Reinvestment Plan					31			31				31
Dividend Reinvestment Plan (in shares)			1,659
Share Based Compensation:
Grants					(613)			(613)	$ 1,060		1,060	447
Grants (in shares)			39,345						294,245
Amortization					639			639	$ 4,192		4,192	4,831
Change in Fair Value of Derivative Instruments						(221)		(221)				(221)
Net Income (loss)							102,479	102,479	4,391	(330)	4,061	106,540
Balance at Jun. 30, 2016	424			$ 107	1,118,190	(687)	(337,743)	780,291	$ 39,683	$ (2,090)	$ 37,593	817,884
Balance (in shares) at Jun. 30, 2016			42,426,365	10,700,000					2,613,546
Balance at Dec. 31, 2016	418			$ 147	1,198,311	1,373	(364,831)	835,418	$ 44,321			879,739
Balance (in shares) at Dec. 31, 2016			41,770,514	14,700,000					2,838,546
Unit Conversion					187			187	$ (187)
Unit Conversion (in shares)			11,982						(11,982)
Dividends and Distributions declared:
Common Shares							(23,412)	(23,412)				(23,412)
Preferred Shares							(12,084)	(12,084)				(12,084)
Common Units									$ (1,077)			(1,077)
LTIP Units									(840)			(840)
Dividend Reinvestment Plan					45			45				45
Dividend Reinvestment Plan (in shares)			2,410
Share Based Compensation:
Grants					(295)			(295)	$ 779			484
Grants (in shares)			42,560						183,784
Amortization					693			693	$ 2,955			3,648
Change in Fair Value of Derivative Instruments						(1,164)		(1,164)	(75)			(1,239)
Net Income (loss)							104,804	104,804	5,939			110,743
Balance at Jun. 30, 2017	$ 418			$ 147	$ 1,198,941	$ 209	$ (295,523)	$ 904,192	$ 51,815			$ 956,007
Balance (in shares) at Jun. 30, 2017			41,827,466	14,700,000					3,010,348

Consolidated Statements Of Equ8

Consolidated Statements Of Equity (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Dividends and Distributions declared:
Common Shares, Dividends declared (in dollars per share)	$ 0.56	$ 0.56
Common Units, Distributions declared (in dollars per share)	0.56	0.56
LTIP Units, Distribution Per Unit	$ 0.56	$ 0.56

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating Activities:
Net Income	$ 110,743	$ 106,540
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Gain on Disposition of Hotel Properties, Net	(89,583)	(95,276)
Gain from Remeasurement of Investment in Unconsolidated Joint Ventures	(16,239)
Deferred Taxes	2,905	(3,070)
Depreciation	38,754	39,705
Amortization	1,769	670
Loss on Debt Extinguishment	274	1,091
Equity in Loss (Income) of Unconsolidated Joint Ventures	3,175	(1,307)
Distributions from Unconsolidated Joint Ventures		429
Loss Recognized on Change in Fair Value of Derivative Instrument	16	43
Share Based Compensation Expense	3,956	4,279
(Increase) Decrease in:
Hotel Accounts Receivable	(510)	1,076
Escrows	816	360
Other Assets	(157)	3,412
Due from Related Parties	12,002	(7,818)
(Decrease) Increase in:
Due to Related Parties		(8,771)
Accounts Payable, Accrued Expenses and Other Liabilities	(383)	1,334
Net Cash Provided by Operating Activities	67,538	42,697
Investing Activities:
Purchase of Hotel Property Assets	(249,291)	(126,245)
Capital Expenditures	(22,015)	(18,276)
Cash Paid for Hotel Development Projects	(1,005)
Proceeds from Disposition of Hotel Properties	188,651	12,446
Net Changes in Capital Expenditure Escrows	959	3,329
Proceeds from the Sale of Joint Venture Interests	11,623
Proceeds from Contribution of Hotel Property Assets to Unconsolidated Joint Venture		428,811
Repayments of Notes Receivable	2,000
Distributions from Unconsolidated Joint Ventures		1,421
Net Cash (Used in) Provided by Investing Activities	(69,078)	301,486
Financing Activities:
Repayment of Borrowings Under Line of Credit, Net		(27,000)
Proceeds from Unsecured Term Loan Borrowing	43,900
Repayment of Borrowings Under Unsecured Term Loan Borrowing		(39,480)
Principal Repayment of Mortgages and Notes Payable	(121,852)	(64,710)
Cash Paid for Deferred Financing Costs	(426)	(363)
Cash Paid for Debt Extinguishment	(245)	(892)
Proceeds from Issuance of Preferred Shares, Net		186,010
Redemption of Series B Preferred Shares		(115,000)
Repurchase of Common Shares		(39,127)
Dividends Paid on Common Shares	(31,707)	(24,874)
Dividends Paid on Preferred Shares	(11,687)	(8,846)
Distributions Paid on Common Units and LTIP Units	(2,436)	(1,754)
Other Financing Activities	(51)
Net Cash Used in Financing Activities	(124,504)	(136,036)
Net Decrease in Cash and Cash Equivalents	(126,044)	208,147
Cash and Cash Equivalents - Beginning of Period	185,644	27,955
Cash and Cash Equivalents - End of Period	$ 59,600	$ 236,102

Basis Of Presentation

Basis Of Presentation	6 Months Ended
	Jun. 30, 2017
Basis Of Presentation [Abstract]
Basis Of Presentation	NOTE 1 – BASIS OF PRESENTATION  The accompanying unaudited consolidated financial statements of Hersha Hospitality Trust (“we,” “us,” “our” or the “Company”) have been prepared in accordance with U.S. generally accepted accounting principles (“US GAAP”) for interim financial information and with the general instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required by US GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals), considered necessary for a fair presentation have been included. Operating results for the three and six months ended June 30, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 201 7 or any future period. Accordingly, readers of these consolidated interim financial statements should refer to the Company’s audited financial statements prepared in accordance with US GAAP, and the related notes thereto, for the year ended December 31, 201 6 , which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 201 6 , as certain footnote disclosures normally included in financial statements prepared in accordance with US GAAP have been condensed or omitted from this report pursuant to the rules of the Securities and Exchange Commission.  We are a self-administered Maryland real estate investment trust that was organized in May 1998 and completed our initial public offering in January 1999. Our common shares are traded on the New York Stock Exchange (the “NYSE”) under the symbol “HT.” We own our hotels and our investments in joint ventures through our operating partnership, Hersha Hospitality Limited Partnership (“HHLP” or “the Partnership” ), for which we serve as the sole general partner. As of June 30, 2017, we owned an approximate 93.3% p artnership interest in HHLP, including a 1.0% general partnership interest.  Principles of Consolidation and Presentation  The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles and include all of our accounts as well as accounts of the Partnership, subsidiary partnerships and our wholly owned TRS Lessee. All significant inter-company amounts have been eliminated.  Consolidated properties are either wholly owned or owned less than 100% by the Partnership and are controlled by the Company as general partner of the Partnership. Properties owned in joint ventures are also consolidated if the determination is made that we are the primary beneficiary in a variable interest entity (“VIE”) or we maintain control of the asset through our voting interest in the entity. Control can be demonstrated when the general partner has the power to impact the economic performance of the partnership, which includes the ability of the general partner to manage day-to-day operations, refinance debt and sell the assets of the partnerships without the consent of the limited partners and the inability of the limited partners to replace the general partner. Control can be demonstrated by the limited partners if the limited partners have the right to dissolve or liquidate the partnership or otherwise remove the general partner without cause or have rights to participate in the significant decisions made in the ordinary course of the partnership’s business. Variable Interest Entities  We evaluate each of our investments and contractual relationships to determine whether they meet the guidelines for consolidation. Entities are consolidated if the determination is made that we are the primary beneficiary in a VIE or we maintain control of the asset through our voting interest or other rights in the operation of the entity. To determine if we are the primary beneficiary of a VIE, we evaluate whether we have a controlling financial interest in that VIE. An enterprise is deemed to have a controlling financial interest if it has i) the power to direct the activities of a variable interest entity that most significantly impact the entity’s economic performance, and ii) the obligation to absorb losses of the VIE that could be significant to the VIE or the rights to receive benefits from the VIE that could be significant to the VIE. Control can also be demonstrated by the ability of a member to manage day-to-day operations, refinance debt and sell the assets of the partnerships without the consent of the other member and the inability of the members to replace the managing member. Based on our examination, the following entities were determined to be VIEs: HHLP, Cindat Hersha Owner JV, LLC; Cindat Hersha Lessee JV, LLC; South Bay Boston, LLC; Hersha Statutory Trust I; and Hersha Statutory Trust II. HHLP meets the criteria as a VIE. The Company’s most significant asset is its investment in HHLP, and consequently, substantially all of the Company’s assets and liabilities represent those assets and liabilities of HHLP. Cindat Hersha Owner JV, LLC and Cindat Hersha Lessee JV, LLC are both VIE entities, however because we are not the primary beneficiary in either entity, they are not consolidated by the Company. Our maximum exposure to losses from our investment in Cindat Hersha Owner JV, LLC is limited to our basis in the joint venture which is $0 as of June 30, 2017. Also, South Bay Boston, LLC leases hotel property and is a VIE. This entity is consolidated by the lessor, the primary beneficiary of the entity. Hersha Statutory Trust I and Hersha Statutory Trust II (collectively “Hersha Statutory Trusts”) are VIEs but HHLP is not NOTE 1 – BASIS OF PRESENTATION (CONTINUED)  the primary beneficiary in these entities. Accordingly, the accounts of Hersha Statutory Trust I and Hersha Statutory Trust II are not consolidated.  Noncontrolling Interest  We classify the noncontrolling interests of our consolidated variable interest entity, common units of limited partnership interest in HHLP (“Common Units”), and Long Term Incentive Plan Units (“LTIP Units”) as equity. LTIP Units are a separate class of limited partnership interest in the Operating Partnership that are convertible into Common Units under certain circumstances. The noncontrolling interest of Common Units and LTIP Units totaled $51,815 as of June 30, 2017 and $44,321 as of December 31, 2016. As of June 30, 2017, there were 3,010,348 Common Units outstanding with a fair market value of $55,722 , based on the price per share of our common shares on the NYSE on such date. In accordance with the partnership agreement of HHLP, holders of these Common Units may redeem them for cash unless we, in our sole and absolute discretion, elect to issue common shares on a one-for-one basis in lieu of paying cash. Net income or loss attributed to Common Units and LTIP Units is included in net income or loss but excluded from net income or loss applicable to common shareholders in the consolidated statements of operations.  Shareholders’ Equity  Terms of the Series C, Series D, and Series E Preferred Shares outstanding at June 30, 2017 and December 31, 2016 are summarized as follows:     Dividend Per Share  Shares Outstanding Six Months Ended June 30,  Series June 30, 2017 December 31, 2016 Aggregate Liquidation Preference Distribution Rate 2017 2016  Series C 3,000,000 3,000,000 $ 75,000 6.875% $ 0.8594 $ 0.8594  Series D 7,700,000 7,700,000 $ 192,500 6.500% $ 0.8126 0.2031  Series E 4,000,000 4,000,000 $ 100,000 6.500% $ 0.8126 -  Total 14,700,000 14,700,000   In October 2016, our Board of Trustees authorized a new share repurchase program for up to $100,000 of common shares which commenced upon the completion of the existing repurchase program. The new repurchase program will expire on December 31, 2017, unless extended by our Board of Trustees.  On April 26, 2017, we entered into Equity Distribution Agreements with four investment banks whereby we agreed to sell up to 8,000,000 Class A common shares, up to 1,000,000 Series D Cumulative Redeemable Preferred Shares, and up to 1,000,000 Series E Cumulative Redeemable Preferred Shares from time to time in an “at the market” offering. In conjunction with this transaction, the Company increased the number of authorized Class A common shares from 90,000,000 to 104,000,000.  NOTE 1 – BASIS OF PRESENTATION (CONTINUED)  New Accounting Pronouncements  In February 2017, the FASB issued ASU No. 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20) . The update defines the term “in substance nonfinancial asset” as it is presented in Subtopic 610-20 as a “financial asset promised to a counterparty in a contract if substantially all of the fair value of the assets that are promised to the counterparty in the contract is concentrated in nonfinancial assets.” As it relates to the Company, real estate, such as land and building, would be considered an example of a nonfinancial asset. Additionally, the update provides guidance over partial sale transactions, particularly, when an entity should derecognize a distinct nonfinancial asset or in substance nonfinancial asset in a partial sale transaction, and the extent of gain that should be recognized as a result of the partial sale transaction. This standard is effective in conjunction with ASU No. 2014-09 (presented below), which is effective for periods beginning after December 15, 2017, however early adoption is permitted. The provisions of this update must be applied at the same time as the adoption of ASU No. 2014-09. The Company is currently evaluating how the provisions of this update affect our adoption of ASU No. 2014-09. See below for our discussion of ASU No. 2014-09 and the effect it will have on our consolidated financial statements and related disclosures.  In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business , which clarifies the definition of a business as it relates to acquisitions and business combinations. The update adds further guidance that assists preparers in evaluating whether a transaction will be accounted for as an acquisition of an asset or a business. We expect most of our hotel property acquisitions to qualify as asset acquisitions under the standard which permits the capitalization of acquisition costs to the underlying assets. For the six months ended June 30, 2017, the Company incurred $1,824 in acquisition costs that would have been subject to capitalization under this ASU. This standard is effective for periods beginning after December 31, 2017, however early adoption is permitted. The Company is evaluating the ultimate effect that ASU No. 2017-01 will have on our consolidated financial statements and related disclosures.  We adopted ASU No. 2016-09, Improvements to Employee Share-Based Award Payment Accounting , which simplifies various aspects of how share-based payments are accounted for and presented in the financial statements. This standard requires companies to record all of the tax effects related to share-based payments through the income statement, allows companies to elect an accounting policy to either estimate the share based award forfeitures (and expense) or account for forfeitures (and expense) as they occur, and allows companies to withhold a percentage of the shares issuable upon settlement of an award up to the maximum individual statutory tax rate without causing the award to be classified as a liability. The Company has elected to expense forfeitures of share-based award as they occur as our accounting policy. The adoption of ASU No. 2016-09 had no material impact on our consolidated financial statements and related disclosures.  In November 2016 the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230) , which provides guidance on the presentation of restricted cash or restricted cash equivalents within the statement of cash flows. Accordingly, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. This standard is effective for the Company for periods beginning after December 15, 2017. The adoption of ASU No. 2016-18 will change the presentation of the statement of cash flows for the Company and we will utilize a retrospective transition method for each period presented within financial statements for periods subsequent to the date of adoption.  In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which provides the principles for the recognition, measurement, presentation and disclosure of leases. The accounting for lessors will remain largely unchanged from current GAAP; however, the standard requires that certain initial direct costs be expensed rather than capitalized. Under the standard, lessees apply a dual approach, classifying leases as either finance or operating leases. A lessee is required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months, regardless of their lease classification. Based on the review of our leases, we are a lessee on ground leases in certain markets, hotel equipment leases, and office space leases. We are also a lessor in certain office space and retail lease agreements related to our hotels. While we do not anticipate any material change to the accounting for leases under which we are a lessor, we are still evaluating the impact, if any, this ASU will have on the accounting for our leasing arrangements as well as our disclosures within the notes to our financial statements. This standard will be effective for the first annual reporting period beginning after December 15, 2018. The Company is evaluating the effect that ASU No. 2016-02 will have on its consolidated financial statements and related disclosures . NOTE 1 – BASIS OF PRESENTATION (CONTINUED)  On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. We are evaluating each of our revenue streams and related accounting policy under the standard. The new standard is effective for the Company on January 1, 2018. Early adoption is permitted, but not prior to the original effective date of January 1, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. Based on our analysis to date, we do not expect the new revenue recognition model to have a material impact on our hotel operating revenue, including room revenue, food and beverage, and other revenue, however, our final evaluation has not been concluded. Our evaluation under the standard also includes sales to third parties, primarily a result of dispositions of real estate. Our evaluation over sales of real estate is continuing and will be impacted by the FASB definition of a business and in substance nonfinancial assets, which have recently been addressed through the issuance of ASU No. 2017-01 and ASU No. 2017-05, respectively. The Company continues to evaluate the ultimate effect that ASU No. 2014-09 will have on its consolidated financial statements and related disclosures.  Reclassification  Certain amounts in the prior year financial statements have been reclassified to conform to the current year presentation. 

Investment In Hotel Properties

Investment In Hotel Properties	6 Months Ended
	Jun. 30, 2017
Investment In Hotel Properties [Abstract]
Investment In Hotel Properties	NOTE 2 – INVESTMENT IN HOTEL PROPERTIES  Investment in hotel properties c onsists of the following at June 30, 2017 and December 31, 201 6 :      June 30, 2017 December 31, 2016   Land $ 552,216 $ 499,484  Buildings and Improvements 1,615,746 1,383,266  Furniture, Fixtures and Equipment 240,746 204,212  Construction in Progress 1,955 950  2,410,663 2,087,912   Less Accumulated Depreciation (358,913) (320,342)   Total Investment in Hotel Properties $ 2,051,750 $ 1,767,570  Acquisitions  We acquired the following properties during the six months ended June 30, 2017:      Hotel Acquisition Date Land Buildings and Improvements Furniture, Fixtures and Equipment Other Intangibles Total Purchase Price Assumption of Debt  Mystic Marriott Hotel & Spa, Groton, CT (1) 1/3/2017 $ 1,420 $ 40,440 $ 7,240 $ 899 * $ 49,999 $ 41,333  The Ritz-Carlton, Coconut Grove, FL 2/1/2017 5,185 30,742 1,064 (291) ** 36,700 3,150  The Pan Pacific Hotel, Seattle, WA 2/21/2017 13,079 59,256 6,665 - 79,000 -  The Westin, Philadelphia, PA 6/29/2017 33,048 91,462 10,490 - 135,000 -  TOTAL $ 52,732 $ 221,900 $ 25,459 $ 608 $ 300,699 $ 44,483  (1) The Mystic Marriott Hotel & Spa was acquired as partial consideration within the transaction to redeem and transfer our joint venture interest in Mystic Partners, LLC. See Note 3 for further description of the transaction.  * Consists entirely of $899 of advanced bookings.  ** Includes an intangible asset for a lease-in-place of $229 , a nd a below market lease liability of $520 .  The Company is currently finalizing our analysis of the fair value of assets acquired and liabilities incurred in connection with the purchase of the Ritz-Carlton, Coconut Grove and the Westin, Philadelphia. As such, the amounts reported in the table above are preliminary. We expect the amounts will be finalized within the one year remeasurement period as defined within ASC 805.  Acquisition-related costs, such as due diligence, legal and accounting fees, are not capitalized or applied in determining the fair value of the above acquired assets. During the three and six months ended June 30, 2017 , we incurred $1,124 and $1,824 in costs related to acquired assets and terminated transactions. NOTE 2 – INVESTMENT IN HOTEL PROPERTIES (CONTINUED) The following table illustrates total revenues and total net income i ncluded in the consolidated statement of operations for the three and six months ended June 30, 2017 for the hotels we acquired or assumed ownership, including related acquisition costs, during the six months ended June 30, 2017 and consolidated since the date of acquisition of the hotels.       Three Months Ended June 30, 2017 Six Months Ended June 30, 2017  Hotel Revenue Net Income (Loss) Revenue Net Income (Loss)  Mystic Marriott Hotel & Spa, Groton, CT $ 5,815 $ 871 $ 10,152 $ 559  The Ritz-Carlton, Coconut Grove, FL 3,490 (159) 6,544 (79)  The Pan Pacific Hotel, Seattle, WA 3,968 313 5,310 (31)  The Westin, Philadelphia, PA 29 (1,012) 29 (1,012)   Total $ 13,302 $ 13 $ 22,035 $ (563)   Hotel Dispositions In July 2016, we entered into purchase and sale agreement s to sell the Residence Inn, Greenbelt, MD, Courtyard, Alexandria, VA, Hyatt House, Scottsdale, AZ, Hyatt House, Pleasant Hill, CA, and Hyatt House, Pleasanton, CA to an unaffiliated buyer for a sales price of $185,000 . The purchase and sale agreements were amended subsequently to increase the total sales price by $7,500 in exchange for providing the buyer with an extension to close on three of the assets.  On January 5, 2017 , the Company closed on the sale s of the Residence Inn, Greenbelt, MD, and the Courtyard, Alexandria, VA to an unaffiliated buyer for a combined total sales price of $62,000 resulting in a gain on sale of approximately $18,731 . The Residence Inn, Greenbelt, MD was acquired by the Company in July 200 4 and the Courtyard, Alexandria, VA was acquired by the Company in September 2006 . The operating results for th e s e hotels are included in operating income as shown in the consolidated statements of operations for the period owned during the six months ended June 3 0 , 201 7 and 201 6 as disposition of th e s e hotel s do es not represent a strategic shift in our business.  On June 8, 2017, the Company closed on the sale of the Hyatt House, Scottsdale, AZ, Hyatt House, Pleasant Hill, CA, and Hyatt House, Pleasanton, CA to an unaffiliated buyer for a sales price of $130,500 resulting in a gain on sale of approximately $70,852 . All three of the properties were acquired by the Company in December 2006. The operating results for th e s e hotels are included in operating income as shown in the consolidated statements of operations for the period owned during the three and six months ended June 3 0 , 201 7 and 201 6 as disposition of th e s e hotel s do es not represent a strategic shift in our business.  NOTE 2 – INVESTMENT IN HOTEL PROPERTIES (CONTINUED)  Assets Held For Sale  The table below shows the balances classified as assets held for sale as of December 31, 2016:     December 31, 2016   Land $ 22,208  Buildings and Improvements 105,663  Furniture, Fixtures and Equipment 24,187  152,058   Less: Accumulated Depreciation & Amortization (53,585)   Assets Held for Sale $ 98,473   Liabilities Related to Assets Held for Sale $ 51,428  NOTE 2 – INVESTMENT IN HOTEL PROPERTIES (CONTINUED)  Pro Forma Results (Unaudited) The following condensed pro forma financial data for the three and six months ended June 30, 2017 and 2016 are presented as if the hotels acquired by the Company in 2017 and 2016 had been acquired as of January 1, 2017 and 2016, respectively. The condensed pro forma financial data are not necessarily indicative of what actual results of operations of the Company would have been for the periods presented assuming the acquisitions had been consummated on January 1, 2017 and 2016, nor do they purport to represent the results of operations for future periods.     Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  Pro Forma Total Revenues $ 146,680 148,990 $ 264,021 $ 276,571   Pro Forma Net Income 89,029 116,167 116,549 109,759  Income Allocated to Noncontrolling Interest (5,017) (4,806) (6,289) (4,209)  Preferred Distributions (6,042) (4,000) (12,084) (7,589)  Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares - (4,021) (4,021)  Pro Forma Income Applicable to Common Shareholders $ 77,970 $ 103,341 $ 98,176 $ 93,940   Pro Forma Income Applicable to Common Shareholders per Common Share  Basic $ 1.87 $ 2.38 $ 2.35 $ 2.14  Diluted $ 1.85 $ 2.36 $ 2.33 $ 2.12   Weighted Average Common Shares Outstanding  Basic 41,737,044 43,427,726 41,727,056 43,903,526  Diluted 42,207,841 43,863,577 42,201,126 44,384,969

Investment In Unconsolidated Jo

Investment In Unconsolidated Joint Ventures	6 Months Ended
	Jun. 30, 2017
Investment In Unconsolidated Joint Ventures [Abstract]
Investment In Unconsolidated Joint Ventures	NOTE 3 – INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  As of June 30, 2017 and December 31, 201 6, our investment in unconsolidated joint ventures consisted of the following:       Percent Preferred  Joint Venture Hotel Properties Owned Return June 30, 2017 December 31, 2016   SB Partners, LLC Holiday Inn Express, South Boston, MA 50.0% N/A $ 1,148 $ 913  Hiren Boston, LLC Courtyard by Marriott, South Boston, MA 50.0% N/A 2,419 2,112  Mystic Partners, LLC Hilton and Marriott branded hotels in CT 8.8%-66.7% 8.5% non-cumulative - 4,699  Cindat Hersha Owner JV, LLC Hilton and IHG branded hotels in NYC 30.0% * - 3,717  $ 3,567 $ 11,441  *See explanation below of the Cindat Hersha Owner JV, LLC (“Owner JV”) for more information on the preferred return provisions of this joint venture.  On January 3, 2017, we redeemed our joint venture interest in Mystic Partners, LLC by acquiring a 100% ownership interest in the Mystic Marriott Hotel & Spa and transferring our minority ownership interests in the Hartford Marriott and Har t ford Hilton to our joint venture partner. We received $11,623 in cash and assumed a mortgage on the Mystic Marriott Hotel & Spa of $41,333 as consideration for this redemption and transfer of our minority interest. Subsequent to the assumption of the mortgage, the Company fully paid off the outstanding balance of the debt and added the property to the borrowing base of our Credit Facility. As a result of the remeasurement of the consideration received to fair value, the Company recognized a gain of $16,239 in conjunction with this transaction.  Income/Loss Allocation  For the Cindat Hersha Owner JV, LLC cash available for distribution will be distributed (1) to us until we receive a 9% annual rate of return on our contributed $43,194 preferred equity interest, (2) then to Cindat until they receive a return on their contributed $142,000 senior common equity interest, currently at 9.5% , and (3) then to us until we receive an 8% return on our contributed $60,857 junior common equity interest. Any cash available for distribution remaining will be split 30% to us and 70% to Cindat. Cindat’s senior common equity return is reduced by 0.5% annually for 4 years following the closing until it is set at a rate of 8% for the remainder of the life of the joint venture. Beginning June 30, 2016, a lender to Owner JV determined that certain debt coverage ratio covenants contained in its loan agreement were not met. Pursuant to these agreements, the lender elected to escrow the operating cash flow for Owner JV, which continues as of June 30, 2017. The failure to meet these covenants, however, does not constitute an event of default. As of June 30, 2017, based on the income allocation methodology described above, the Company has absorbed cumulative losses equal to our accounting basis in the joint venture resulting in a $0 investment balance in the table above, however, we currently maintain a positive equity balance within the venture. This difference is due to difference in our basis inside the venture versus our basis outside of the venture, which is explained later in this note.  For SB Partners, LLC and Hiren Boston, LLC, income or loss is allocated to us and our joint venture partners consistent with the allocation of cash distributions in accordance with the joint venture agreements. This results in an income allocation consistent with our percentage of ownership interests.  Any difference between the carrying amount of any of our investments noted above and the underlying equity in net assets is amortized over the expected useful lives of the properties and other intangible assets.  NOTE 3 – INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (CONTINUED)  Income (loss) recognized during the three and six months ended June 30, 2017 and 201 6 , for our investments in unconsolidated joint ventures is as follows:       Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  SB Partners, LLC $ 288 $ 326 $ 235 $ 287  Hiren Boston, LLC 423 379 307 285  Mystic Partners, LLC - (76) - (157)  Cindat Hersha Owner JV, LLC - 892 (3,717) 892  Income (Loss) from Unconsolidated Joint Venture Investments $ 711 $ 1,521 $ (3,175) $ 1,307  The following tables set forth the total assets, liabilities, equity and components of net income or loss, including the Company’s share, related to the unconsolidated joint ventures disc ussed above as of June 30, 2017 and December 31 , 2016 and for the three and six months ended June 30, 2017 and 201 6 .      Balance Sheets   June 30, 2017 December 31, 2016  Assets  Investment in Hotel Properties, Net $ 565,175 $ 647,548  Other Assets 34,385 45,576  Total Assets $ 599,560 $ 693,124   Liabilities and Equity  Mortgages and Notes Payable $ 347,404 $ 432,173  Other Liabilities 7,377 36,275  Equity:  Hersha Hospitality Trust 92,812 119,892  Joint Venture Partner(s) 152,203 104,784  Accumulated Other Comprehensive Loss (236) -  Total Equity 244,779 224,676   Total Liabilities and Equity $ 599,560 $ 693,124  NOTE 3 – INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (CONTINUED)     Statements of Operations   Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  Room Revenue $ 25,812 $ 31,578 $ 41,008 $ 43,958  Other Revenue 504 6,789 954 11,492  Operating Expenses (11,270) (20,681) (20,356) (33,565)  Lease Expense (155) (276) (339) (581)  Property Taxes and Insurance (2,748) (2,316) (5,496) (3,077)  General and Administrative (1,372) (2,116) (2,527) (3,348)  Depreciation and Amortization (3,061) (3,335) (6,005) (5,009)  Interest Expense (5,188) (4,658) (10,099) (6,264)  Acquisition Costs - (1,499) - (1,499)  Gain (Loss) Allocated to Noncontrolling Interests - (72) - (40)  Net Income (Loss) $ 2,522 $ 3,414 $ (2,860) $ 2,067  The following table is a reconciliation of our share in the unconsolidated joint ventures’ equity to our investment in the unconsolidated joint ventures as presented on our balance sheets as of June 30, 2017 and December 31, 201 6 .      June 30, 2017 December 31, 2016  Our share of equity recorded on the joint ventures' financial statements $ 92,812 $ 119,892  Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures (1) (89,245) (108,451)  Investment in Unconsolidated Joint Ventures $ 3,567 $ 11,441  (1) Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures consists of the following:  · the difference between our basis in the investment in joint ventures and the equity recorded on the joint ven tures' financial statements; · accumulated amortization of our equity in joint ventures that reflects the difference in our portion of the fair value of joint ventures' assets on the date of our investment when compared to the carrying value of the assets recorded on the joint ventures ’ financial statements (this excess or deficit investment is amortized over the life of the properties, and the amortization is included in Income (Loss) from Unconsolidated Joint Venture Investments on our consolidated statement of operations) ; and · cu mul ative impairment of our investment in joint ventures not reflected on the joint venture s' financial statements, if any.

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2017
Other Assets [Abstract]
Other Assets	NOTE 4 – OTHER ASSETS  Other Assets  Other Assets co nsisted of the following at June 30, 2017 and December 31, 201 6 :     June 30, 2017 December 31, 2016   Derivative Asset $ 1,856 $ 1,835  Deferred Financing Costs 1,112 1,383  Prepaid Expenses 10,636 9,217  Investment in Statutory Trusts 1,548 1,548  Investment in Non-Hotel Property and Inventories 2,703 2,641  Deposits with Unaffiliated Third Parties 4,412 3,332  Deferred Tax Asset, Net of Valuation Allowance of $804 13,292 16,197  Other 2,665 3,217  $ 38,224 $ 39,370  Derivative Asset – This category represents the Company’s gross asset fair value of interest rate swaps and interest rate caps. Any swaps and caps resulting in a liability to the Company are accounted for separately within Other Liabilities on the Balance Sheet.  Deferred Financing Costs – This category represents financing costs paid by the Company to establish our Line of Credit. These costs have been capitalized and will amortize to expense over the life of the Line of Credit.  Prepaid Expenses – Prepaid expenses include amounts paid for property tax, insurance and other expenditures that will be expensed in the next twelve months.  Investment in Statutory Trusts – We have an investment in the common stock of Hersha Statutory Trust I and Hersha Statutory Trust II. Our investment is accounted for under the equity method.  Deposits with Unaffiliated Third Parties – These deposits represent deposits made by the Company with unaffiliated third parties for items such as lease security deposits, utility deposits, and deposits with unaffiliated third party management companies.  Deferred Tax Asset – We have approximately $13,292 of net deferred tax assets as of June 30, 2017 . We have considered various factors, including future reversals of existing taxable temporary differences, future projected taxable income and tax planning strategies in determining a valuation allowance for our deferred tax assets, and we believe that it is more likely than not that we will be able to realize the $13,292 of net deferred tax assets in the future. 

Debt

Debt	6 Months Ended
	Jun. 30, 2017
Debt [Abstract]
Debt	NOTE 5 – DEBT  Mortgages  Mortgages payable at June 30, 2017 and December 31, 2016 consisted of the following:     June 30, 2017 December 31, 2016  Mortgage Indebtedness $ 312,588 $ 338,529  Net Unamortized Premium 2,056 2,313  Net Unamortized Deferred Financing Costs (2,794) (3,021)  Mortgages Payable $ 311,850 $ 337,821   Liabilities Related to Hotel Assets Held for Sale $ - $ 51,428  Net Unamortized Deferred Financing Costs associated with entering into mortgage indebtedness are deferred and amortized over the life of the mortgages. Net Unamortized Premiums are al so amortized over the remaining life of the loans.  Mortgage indebtedness balances are subject to fixed and variable interest rates, which ranged from 3.42% to 6.30% as of June 30, 2017 . Aggregate interest expense incurred under the mortgage loans payable totaled $3,060 and $5,720 , and $6,030 and $11,990 during the three and six months ended June 30, 2017 and 2016, respectively.  Our mortgage indebtedness contains various financial and non-financial covenants customarily found in secured, non-recourse financing arrangements. Our mortgage loans payable typically require that specified debt service coverage ratios be maintained with respect to the financed properties before we can exercise certain rights under the loan agreements relating to such properties. If the specified criteria are not satisfied, the lender may be able to escrow cash flow generated by the property securing the applicable mortgage loan. We have determined that all debt covenants contained in the loan agreements securing our consolidated hotel properties were met as of June 30, 2017.  As of June 30, 2017 , the maturity dates for the outstanding mortgage loans ranged from September 201 7 to September 2025.  Subordinated Notes Payable  We have two junior subordinated notes payable in the aggregate amount of $51,548 to the Hersha Statutory Trusts pursuant to indenture agreements which will mature on July 30, 2035 , but may be redeemed at our option, in whole or in part, prior to maturity in accordance with the provisions of the indenture agreements. The $25,774 of notes issued to each of Hersha Statutory Trust I and Hersha Statutory Trust II bear interest at a variable rate of LIBOR plus 3% per annum. This rate resets two business days prior to each quarterly payment. The face value of the notes payable is offset by $ 944 and $ 970 as of June 30, 2017 and December 31, 2016, respectively, in net deferred financing costs incurred as a result of entering into these indentures. The deferred financing costs are amortized over the life of the notes payable. The weighted average interest rate on our two junior subordinated notes payable was 4.20% and 3.71% , and 4.08% and 3.63% during the three and six months ended June 30, 2017 and 2016, respectively. Interest expense in the amount of $541 and $478 , and $1,053 and $937 was recorded for the three and six months ended June 30, 2017 and 201 6 , respectively.  Credit Facilities  We maintain three unsecured credit agreements which aggregate $960,520 with Citigroup Global Markets Inc., Wells Fargo Bank, Inc. and various other lenders. The first credit agreement provides for a $460,520 senior unsecured credit facility (“Credit Facility”) consisting of a $250,000 senior unsecured revolving line of credit (“Line of Credit”), and a $210,520 senior unsecured term loan (“First Term Loan”). The Credit Facility expires on February 28, 2018 , and, provided no event of default has occurred, we may request that the lenders renew the credit facility for an additional one -year period. The Credit Facility is also expandable to $850,000 at our request, subject to the satisfaction of certain conditions. NOTE 5 – DEBT (CONTINUED)  Our second credit agreement provides for a $300,000 senior unsecured term loan agreement (“Second Term Loan”) and expires on August 10, 2020 .  Our third credit agreement provides for a $200,000 senior unsecured term loan agreement (“Third Term Loan”) and expires on August 2, 2021 .  The amount that we can borrow at any given time under our Line of Credit, and the First, Second and Third Term Loan (each a “Term Loan” and together the “Term Loans”) is governed by certain operating metrics of designated unencumbered hotel properties known as b orrowing base assets. As of June 30, 2017 , the following hotel properties were borrowing base assets:      - Courtyard, Brookline, MA - Hampton Inn, Washington, DC  - Holiday Inn Express, Cambridge, MA - Ritz Carlton, Washington, DC  - Envoy Hotel, Boston, MA - Hilton Garden Inn, M Street, Washington, DC  - The Boxer, Boston, MA - Residence Inn, Coconut Grove, FL  - Hampton Inn, Seaport, NY - Winter Haven, Miami, FL  - The Duane Street Hotel, NY - Blue Moon, Miami, FL  - Hampton Inn, Pearl Street, NY - Courtyard, Miami, FL  - Holiday Inn Express, 29th Street, NY - Parrot Key Resort, Key West, FL  - Sheraton Hotel, JFK Airport, New York, NY - TownePlace Suites, Sunnyvale, CA  - Hilton Garden Inn, JFK Airport, New York, NY - The Ambrose Hotel, Santa Monica, CA  - Nu Hotel, Brooklyn, NY - Courtyard, San Diego, CA  - Hyatt House White Plains, NY - The Pan Pacific Hotel, Seattle, WA  - Holiday Inn Express Chester, NY - Residence Inn, Tyson's Corner, VA  - Hampton Inn, Philadelphia, PA - Hyatt House Gaithersburg, MD  - The Rittenhouse Hotel, Philadelphia, PA - Mystic Marriott Hotel & Spa, Groton, CT  - Sheraton, Wilmington South, DE The interest rate for borrowing s under the Line of Credit and Term L oans are based on a pricing grid with a range of one month U.S. LIBOR plus a spread. The following table summarizes the balances outstanding and interest rate spread for each borrowing:    Outstanding Balance  Borrowing Spread June 30, 2017 December 31, 2016  Line of Credit 1.70% to 2.45% $ - $ -  First Term Loan 1.60% to 2.35% 210,520 210,520  Second Term Loan 1.50% to 2.25% 300,000 300,000  Third Term Loan 1.45% to 2.20% 200,000 156,100  We maintain an interest rate swap , with a $150,000 notional amount, which effectively fix es the interest rate on $150,000 of th e $200,000 Third Term Loan at a blended rate of 3.211% . This swap agreement matures on October 3, 2019. See “Note 7 – Fair Value Measurements and Derivative Instruments” for more information regarding interest rate hedging strategies we employ .  On March 14, 2017, we entered into an inter est rate swap associated with $50,000 of our $200,000 Third Term Loan, which bec ame effective on April 3, 2017. This swap effectively fixes the interest rate on $50,000 of the Third Term Loan at 3.894% . This swap matures on October 3, 2019 . NOTE 5 – DEBT (CONTINUED)  On March 23, 2017, we entered into an interest rate swap associated with our $300,000 Second Term Loan, which becomes effective beginning on August 10, 2017. This swap effectively fixes the interest rate of the Second Term Loan at 3.6930% from the effective date through August 9, 2018 . For the period from August 10, 2018 to August 11, 2019, the interest rate will be fixed at 4.1155% . For the period from August 12, 2019 through maturity, the interest rate will be fixed at 4.3925% . This swap matures on August 10, 2020 .  The balance of the Term Loans is offset by $2,780 and $3,1 20 in net deferred financing costs as of June 30, 2017 and December 31, 2016, respectively. These costs were incurred as a result of originating the term loan borrowings and are amortized over the life of these loans.  The Credit Facility and the Term Loans include certain financial covenants and require that we maintain: (1) a minimum tangible net worth (calculated as total assets, plus accumulated depreciation, less total liabilities, intangibles and other defined adjustments) of $900,000 , plus an amount equal to 75% of the net cash proceeds of all issuances and primary sales of equity interests of the parent guarantor or any of its subsidiaries consummated following the closing date; (2) annual distributions not to exceed 95% of adjusted funds from operations; and (3) certain financial ratios, including the following: · a fixed charge coverage ratio of not less than 1.50 to 1.00; · a maximum leverage ratio of not more than 60%; and · a maximum secured debt leverage ratio of 45% .  The Company is in compliance with each of the covenants listed above as of June 30, 2017.  The Company recorded interest expense of $5,914 and $4 ,083 , and $11,222 and $8,563 related to borrowings drawn on the Credit Facility and Term Loans for the three and six months ended June 30, 2017 and 2016, respectively. The weighted average interest rate on the Credit Facility and Term Loans was 3.35% and 2.78% , and 3.22% and 2.79% for the three and six months ended June 30, 2017 and 2016 , respectively .  Capitalized Interest  We utilize cash, mortgage debt and our Line of Credit to finance on-going capital improvement projects at our hotels. Interest incurred on mortgages and the Line of Credit that relates to our capital improvement projects is capitalized through the date when the assets are placed in service. For the three and six months ended June 30, 2017 and 201 6 , we capitalized $0 of interest expense to ongoing capital improvement projects .  Deferred Financing Costs  As noted above, costs associated with entering into mortgages, notes payable and our credit facilities are deferred and amortized over the life of the debt instruments. The deferred costs related to mortgages and term loans and unsecured notes payable are presented as reductions in the respective debt balances. Amortization of d eferred costs for the three and six months ended June 30, 2017 and 201 6 was $614 and $640 , and $1,262 and $1,300 , respectively.  New Debt/Refinance  On February 24, 2017, we refinanced the outstanding mortgage debt with an original principal balance of $45,000 secured by the Hilton Garden Inn, 52 nd Street, NY. The loan was due to mature in May 2017, but will now mature on February 24, 2020. We incurred approximately $94 in expense in third party fees.  On February 1, 2017, we issued a note payable in the amount of $3,150 with the acquisition of the Ritz Carlton Coconut Grove.  On January 31, 2017 , we repaid in full outstanding mortgage debt with an original principal balance of $9,500 secured by the Duane Street Hotel, NY, which was schedule to mature on February 1, 2017 and we incurred approximately $12 i n expense related to unamortized deferred financing costs and fees.    NOTE 5 – DEBT (CONTINUED)  On January 6, 2017 , we repaid in full outstanding mortgage debt secured by the Hyatt House Scottsdale, AZ, the Hyatt House Pleasant Hill, CA, and the Hyatt House Pleasanton, which all matured on that date. These properties had a combined original principal balance of $51,428 and we incurred approximately $47 i n expense related to unamortized deferred financing costs and fees.  On January 3, 2017 , we repaid in full outstanding mortgage debt with an original principal balance of $21,000 secured by t he Hilton Garden Inn, JFK Airport, New York, NY. The loan was due to mature o n March 7, 2017 , and we incurred approximately $37 i n expense related to unamortized deferred financing costs and fees.  On January 3, 2017 , we repaid in full outstanding mortgage debt with an original principal balance of $43,000 secured by t he Mystic Marriott Hotel & Spa, Groton, CT. The loan was due to mature in Au gust of 2018, and we incurred approximately $84 in expense related to unamortized deferred financing costs and fees.  We repaid in full the two mortgages related to the Hampton Inn Herald Square, NY and Hampton Inn Chelsea, NY, two properties contributed to the joint venture with Cindat. The mortgage debt secured by Hampton Inn Herald Square had an original balance of $26,500 and was due to mature on May 1, 2016 . The mortgage debt secured by Hampton Inn Chelsea had an original balance of $36,000 and was due to mature on October 1, 2016 . In addition, due to our contribution of certain of the borrowing base properties to the Cindat joint venture we were required to pay down $39,480 of the First Term Loan. We incurred a total of $1,049 in expense related to the payment of fees to extinguish debt and related to unamortized deferred financing costs associated with the mortgage debt and term loan repayments.  On February 29, 2016, we repaid in full outstanding mortgage debt with an original principal balance of $8,500 secured by the Hawthorn Suites, Franklin, MA. The loan was due to mature on May 1, 2016, and we incurred approximately $42 in expense in unamortized deferred financing costs and fees.

Commitments And Contingencies A

Commitments And Contingencies And Related Party Transactions	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies And Related Party Transactions [Abstract]
Commitments And Contingencies And Related Party Transactions	NOTE 6 – COMMITMENTS AND CONTINGENCIES AND RELATED PARTY TRANSACTIONS  Management Agreements  Our wholly-owned TRS, 44 New England Management Company , and certain of our joint venture entities engage eligible independent contractors in accordance with the requirements for qua lification as a REIT under the I nternal R evenue C ode of 1986, as amended, including Hersha Hospitality Management Limited Partnership (“ HHMLP ”) , as the property managers for hotels it leases from us pursuant to management agreements. HHMLP is owned, in part, by certain executives and trustees of the Company. Our management agreements with HHMLP provide for five -year terms and are subject to early termination upon the occurrence of defaults and certain other events described therein. As required under the REIT qualification rules, HHMLP must qualify as an “eligible independent contractor” during the term of the management agreements. Under the management agreements, HHMLP generally pays the operating expenses of our hotels. All operating expenses or other expenses incurred by HHMLP in performing its authorized duties are reimbursed or borne by our TRS to the extent the operating expenses or other expenses are incurred within the limits of the applicable approved hotel operating budget. HHMLP is not obligated to advance any of its own funds for operating expenses of a hotel or to incur any liability in connection with operating a hotel. M anagement agreements with other unaffiliated hotel management companies have similar terms .  For its services, HHMLP receives a base management fee and, if a hotel exceeds certain thresholds, an incentive management fee. The base management fee for a hotel is due monthly and is equal to 3% of gross revenues associated with each hotel managed for the related month. The incentive management fee, if any, for a hotel is due annually in arrears on the ninetieth day following the end of each fiscal year and is based upon the financial performance of the hotels. For the three and six months ended June 30, 2017 and 2016 , base management fees incurred totaled $ 3,689 , and $3,584 , and $6,558 and $6,609 , respectively, and are recorded as Hotel Operating Expenses. For the three and six months ended June 30, 2017 and 201 6 , we did no t incur incentive management fees.  Franchise Agreements  Our branded hotel properties are operated under franchise agreements assumed by the hotel property lessee. The franchise agreements have 10 to 20 year terms, but may be terminated by either the franchisee or franchisor on certain anniversary dates specified in the agreements. The franchise agreements require annual payments for franchise royalties, reservation, and advertising services, and such payments are based upon percentages of gross room revenue. These payments are paid by the hotels and charged to expense as incurred. Franchise fee expenses for the three and six months ended June 30, 2017 and 201 6 were $ 6,443 and $6,753 , and $11,552 and $12,647 , respectively , and are recorded in Hotel Operating Expenses. The initial fees incurred to enter into the franchise agreements are amortized over the life of the franchise agreements.  Accounting and Information Technology Fees  Each of the wholly-owned hotels and consolidated joint venture hotel properties managed by HHMLP incurs a monthly accounting and information technology fee. Monthly fees for accounting services are between $2 and $3 per property and monthly information technology fees range from $1 to $2 per property. For the three and six months ended June 30, 2017 and 201 6 , the Company incurred accounting fees of $ 335 and $392 , and $671 and $748 , respectively. For the three and six months ended June 30, 2017 and 2016 , the Company incurred information technology fees of $ 110 and $141 , and $223 and $231 respectively. Accounting fees and information technology fees are included in Hotel Operating Expenses.  Capital Expenditure Fees  HHMLP charges a 5% fee on all capital expenditures and pending renovation projects at the properties as compensation for procurement services related to capital expenditures and for project management of renovation projects. For the three and six months ended June 30, 2017 and 2016 , we incurred fees of $ 321 and $282 , and $641 and $729 respectively , which were capitalized with the cost of fixed asset additions. NOTE 6 – COMMITMENTS AND CONTINGENCIES AND RELATED PARTY TRANSACTIONS (CONTINUED)  Acquisitions from Affiliates  We have entered into an option agreement with certain of our officers and trustees such that we obtain a right of first refusal to purchase any hotel owned or developed in the future by these individuals or entities controlled by them at fair market value. This right of first refusal would apply to each party until one year after such party ceases to be an officer or trustee of the Company. Our Acquisition Committee of the Board of Trustees is comprised solely of independent trustees, and the purchase prices and all material terms of the purchase of hotels from related parties are approved by the Acquisition Committee.  Hotel Supplies  For the three and six months ended June 30, 2017 and 2016 , we incurred charges for hotel supplies of $ 23 and $39 , and $81 and $60 , respectively. For the three and six months ended June 30, 2017 and 201 6 , we incurred charges for capital expenditure purchases of $ 501 and $432 , and $862 and $1,314 , respectively . These purchases were made from Hersha Purchasing and Design, a hotel supply company owned, in part, by certain executives and trustees of the Company. Hotel supplies are expensed and included in Hotel Operating Expenses on our consolidated statements of operations, and capital expenditure purchases are included in investment in hotel properties on our consolidated balance sheets. Approximately $ 2 and $1 is included in accounts payable at June 30, 2017 and December 31, 2016 , respectively.  Due From Related Parties  The due from related parties balance as of June 30, 2017 and December 31, 201 6 was approximately $ 6,330 and $18, 332 , respectively. The balances primarily consisted of working capital deposits made to HHMLP and other entities owned, in part, by certain executives and trustees of the Company .  Due to Related Parties  The balance due to related parties as of June 30, 2017 and December 31, 201 6 was $0 . Hotel Ground Rent  For the three and six months ended June 30 , 201 7 and 201 6 , we incurred $ 894 and $892 , and $1,701 and $1,785 , respectively , of rent expense payable pursuant to ground leases related to certain hotel properties.  

Fair Value Measurements And Der

Fair Value Measurements And Derivative Instruments	6 Months Ended
	Jun. 30, 2017
Fair Value Measurements And Derivative Instruments [Abstract]
Fair Value Measurements And Derivative Instruments	NOTE 7 – FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS  Fair Value Measurements  Our determination of fair value measurements are based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, we utilize a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy).  Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liabilities, which are typically based on an entity’s own assumptions, as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.  As of June 30, 2017 , the Company’s derivative instruments represented the only financial instruments measured at fair value. Currently, the Company uses derivative instruments, such as interest rate swaps and caps, to manage its interest rate risk. The valuation of these instruments is determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs.  We incorporate credit valuation adjustments to appropriately reflect both our own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, we have considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees.  Although we have determined that the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with our derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by us and the counterparties. However, as of June 30, 2017 we have assessed the significance of the effect of the credit valuation adjustments on the overall valuation of our derivative positions and have determined that the credit valuation adjustments are not significant to the overall valuation of our derivatives. As a result, we have determined that our derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.  NOTE 7 – FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS (CONTINUED)  Derivative Instruments  The Company’s objective in using derivatives is to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps and interest rate caps as part of its cash flow hedging strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts in exchange for fixed-rate payments over the life of the agreements without exchange of the underlying principal amount. Interest rate caps designated as cash flow hedges limit the Company’s exposure to increased cash payments due to increases in variable interest rates. The following table presents our derivative instruments as of June 30, 2017 and December 31, 2016.      Estimated Fair Value  Asset / (Liability) Balance  Hedged Debt Type Strike Rate Index Effective Date Derivative Contract Maturity Date Notional Amount June 30, 2017 December 31, 2016   Term Loan Instruments:  Third Term Loan Swap 1.011% 1-Month LIBOR + 2.20% November 3, 2016 October 3, 2019 150,000 $ 1,836 $ 1,773  Third Term Loan *** Swap 1.694% 1-Month LIBOR + 2.20% April 3, 2017 October 3, 2019 50,000 (153) -  Second Term Loan ** Swap 1.443% 1-Month LIBOR + 2.25% August 10, 2017 August 10, 2020 300,000 (1,150) -   Mortgages:  Courtyard, LA Westside, Culver City, CA Cap 3.000% 1-Month LIBOR + 3.00% October 27, 2015 September 29, 2017 35,000 3 8  Hyatt, Union Square, New York, NY Cap 3.000% 1-Month LIBOR + 2.30% June 10, 2015 June 10, 2019 55,750 10 54  Hilton Garden Inn 52nd Street, New York, NY * Swap 1.600% 1-Month LIBOR + 2.90% February 24, 2017 February 24, 2020 44,325 8 -  Duane Street Hotel, New York, NY Swap 0.933% 1-Month LIBOR + 4.50% February 1, 2014 February 1, 2017 - - (1)  Hilton Garden Inn 52nd Street, New York, NY * Swap 1.152% 1-Month LIBOR + 2.90% June 1, 2015 February 21, 2017 44,325 - (26)   $ 554 $ 1,808  * On February 24, 2017, we refinanced the debt associated with the Hilton Garden Inn 52 nd Street, New York, NY. As a result, we e ntered into an interest rate swap with a strike rate o f 1.60% . The interest rate swap designated as a hedge against the refinanced mortgage note matured on February 21, 2017 .  ** On March 23, 2017 , we entered into an int erest rate swap associated with our $300,000 Second T erm Loan, which becomes effective beginning on August 10, 2017. This swap effectively fixes the interest rate of the Second Term Loan at 3.6930% from the effective date through August 9, 2018 . For the period from August 10, 2018 to August 11, 2019, the interest rate will be fixed at 4.1155% . For the period from August 12, 2019 through maturity, the interest rate will be fixed at 4.3925% . This swap matures on August 10, 2020.  *** On March 14, 2017 , we entered into an int erest rate swap associated with our $ 5 0,000 of our $200,000 Third Term Loan , which became effective on April 3, 2017 . This swap effectively fixes the interest rate of the Third Term Loan at 3.894%. This swap matures on October 3, 2019.  The fair value of certain swaps and our interest rate caps with a positive balance is included in other assets at June 30, 2017 and December 31, 201 6. The fair value of certain of our interest rate swaps with a negative balance is included in accounts payable, accrued expenses and other liabilities at June 30, 2017 and December 31, 201 6 . NOTE 7 – FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS (CONTINUED)  The net change in fair value of derivative instruments designated as cash flow hedges was a loss of $1,309 and a gain of $16 for the three months ended June 30, 2017 and 201 6, respectively, and a loss of $1,239 and a loss of $221 for the six months ended June 30, 2017 and 2016, respectively .  Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate derivative. The change in net unrealized gains/losses on cash flow hedges reflects a reclassification of $130 and $140 , and $280 and $319 of net unrealized gains/losses from accumulated other comprehensive income as an increase /decrease to interest expense for the three and six months ended June 30, 2017 and 2016, respectively. For the next twelve months ending June 30, 2018 , we estimate that an additional $40 will be reclassified as an increase to interest expense.  Fair Value of Debt  We estimate the fair value of our fixed rate debt and the credit spreads over variable market rates on our variable rate debt by discounting the future cash flows of each instrument at estimated market rates or credit spreads consistent with the maturity of the debt obligation with similar credit policies. Credit spreads take into consideration general market conditions and maturity. The inputs utilized in estimating the fair value of debt are classified in Level 2 of the fair value hierarchy. As of June 30, 2017 , the carrying value and estimated fair value of our debt w ere $1,070,194 and $1,060,331 , respectively . As of December 31, 201 6 , the carrying value and estimated fair value of our debt were $1,103,327 and $1,098,248 , respectively.

Share Based Payments

Share Based Payments	6 Months Ended
	Jun. 30, 2017
Share Based Payments [Abstract]
Share Based Payments	NOTE 8 – SHARE BASED PAYMENTS  We measure the cost of employee service received in exchange for an award of equity instruments based on the grant-date fair value of the award. The compensation cost is amortized on a straight line basis over the period during which an employee is required to provide service in exchange for the award. The compensation cost related to performance awards that are contingent upon market-based criteria being met is recorded at the fair value of the award on the date of the grant and amortized over the performance period. As discussed in Note 1 f orfeitures of share-based award s are expensed as they occur .  T he Company established and our shareholders approved the Hersha Hospitality Trust 2012 Equity Incentive Plan , as amended, (the “2012 Plan”) for the purpose of attracting and retaining executive officers, employees, trustees and other persons and entities that provide services to the Company.  Executives & Employees  Annual Long Term Equity Incentive Programs  To further align the interests of the Company’s executives with those of shareholders, the Compensation Committee grants annual long term equity incentive awards that are both “performance based” and “time based.”  On March 10 , 201 7 , the Compensation Committee approved the 201 7 Annual Long Term Equity Incentive Program (“201 7 Annual EIP”) for the executive officers, pursuant to which the executive officers are eligible to earn equity awards in the form of stock awards , LTIP Units, or performance share awards issuable pursuant to the 2012 Plan. These awards are earned under the 2017 Annual EIP based on achieving a threshold, target or maximum level of performance in the performance of RevPAR growth in certain defined areas. In addition, the Compensation Committee provided the option to the executive officers to elect shares in lieu of cash payment under the 2017 annual cash incentive program (“2017 ACIP”). The Company accounts for these grants as performance awards for which the Company assesses the probability of achievement of the performance conditions at the end of each period. As of June 30 , 2017 , no shares or LTIP Units have been issued in accordance with the 2012 Plan to the executive officers in settlement of 2017 Annual EIP awards. NOTE 8 – SHARE BASED PAYMENTS (CONTINUED)  The following table is a summary of all unvested LTIP Units issued to executives:     Units Vested Unearned Compensation  Issuance Date LTIP Units Issued Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  March 28, 2017  (2016 Annual EIP) 122,727 3 years 25%/year (1) 30,680 - $ 852 $ -  March 30, 2016  (2015 Annual EIP) 183,396 3 years 25%/year (1) 91,696 91,696 563 868  March 30, 2015  (2014 Annual EIP) 128,832 3 years 25%/year (1) 96,623 96,623 113 225  December 23, 2014 258,899 5 years 33% Year 3, 4, 5 (2) 258,899 172,599 - 457  693,854 477,898 360,918 $ 1,528 $ 1,550  (1) 25% of the issued shares or LTIP Units vested immediately upon issuance. In general, the remaining shares or LTIP Units vest 25% on the first through third anniversaries of th e end of the performance period, which is a calendar year-end (subject to continuous employment through the applicable vesting date). (2) On April 18, 2012, the Company entered into amended and restated employment agreements with the Company’s executive officers. To induce the executives to agree to the substantial reduction in benefits upon certain terminations following a change of control as described in the agreements, the Company awarded an aggregate of 258,899 restricted common shares to the executives pursuant to the 2012 Plan, which were subsequently forfeited and replaced with LTIP Units on December 23, 2014 . One-third of each award of LTIP Units vested or will vest on each of the third, fourth and fifth anniversaries of the original date of issuance. Vesting will accelerate upon a change of control or if the relevant executive’s employment with the Company were to terminate for any reason other than for cause (as defined in the employment agreements).  Stock based compensation expense related to the Annual Long Term Equity Incentive Programs and 2017 ACIP of $ 1,537 and $ 952 and, $2,105 and $2,362 was incurred during the three and six months ended June 30, 2017 and 201 6 , respectively. Unea rned compensation related to the Annual Long Term Equity Incentive Program s as of June 30, 2017 and December 31, 201 6 was $1,528 a nd $1 ,550 , respectively.  Unearned c ompensation related to the grants and amortization of LTIP Units is included in Noncontrolling Interests on the Company’s Consolidated Balance Sheets and Consolidated Statements of Equity.  Multi-Year Long Term Equity Incentive Programs  On March 10, 2017, the Compensation Committee approved the 2017 Multi-Year Long Term Equity Incentive Program (“2017 Multi-Year EIP”). This program has a three-year performance period which commenced on January 1, 2017 and ends December 31, 2019. As of June 30, 2017, no shares or LTIP Units have been issued to the executive officers in settlement of 2017 Multi-Year EIP awards.  NOTE 8 – SHARE BASED PAYMENTS (CONTINUED)  The followin g table is a summary of the approved Multi-Year Long Term Equity Incentive Programs :    Units Vested Unearned Compensation  Compensation Committee Approval Date LTIP Units Issued LTIP Issuance Date Performance Period June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  March 10, 2017  (2017 Multi-Year EIP) - N/A 1/1/2017 to 12/31/2019 - - $ 1,047 $ -  March 17, 2016  (2016 Multi-Year EIP) - N/A 1/1/2016 to 12/31/2018 - - 740 $ 888  March 18, 2015  (2015 Multi-Year EIP) - N/A 1/1/2015 to 12/31/2017 - - 298 397  April 11, 2014  (2014 Multi-Year EIP) 61,057 3/28/2017 1/1/2014 to 12/31/2016 30,524 - 221 283  61,057 30,524 - $ 2,306 $ 1,568  The shares or LTIP Units issuable under the Multi-Year Long Term Incentive Programs, including the 2017 Multi-Year EIP, are based on the Company’s achievement of a certain level of (1) absolute total shareholder return ( 37.50% of the award), (2) relative total shareholder return as compared to the Company’s peer group ( 37.50% of the award), and (3) relative growth in revenue per available room (RevPar) compared to the Company’s peer group ( 25% of the award).  The Company accounts for the total shareholder return components of these grants as market based awards where the Company estimates unearned compensation at the grant date fair value which is then amortized into compensation cost over the vesting period of each individual plan. The Company accounts for the RevPAR component of the grants as performance-based awards for which the Company assesses the probable achievement of the performance conditions at the end of the reporting period.  Stock based compensation expe nse of $3 09 and $343 and, $980 and $1,184 was recorded for the three and six months ended June 30, 2017 and 2016, respectively, for the Multi-Year Long Term Equity Incentive Programs. Unearned compensation related to the multi-year program as of June 30, 2017 and December 31, 2016, respectively, was 2,306, and $ 1,568 .  Restricted Share Awards  In addition to share based compensation expense related to awards to executives under the Multi-Year and Annual Long Term Equity Incentive Programs, share based compensation expense related to restricted common shares issued to employees of the Company of $154 and $ 135 and, $286 and $256 was incurred during the three and six months ended June 30, 2017 and 201 6 , respectively. Unearned compensation related to the restricted share awards as of June 30, 2017 and December 31, 201 6 was $416 and $ 505 , respectively. The following table is a summary of all unvested s hare awards issued to employees u nder the 2012 Plan and prior equity incentive plans:    Shares Vested Unearned Compensation  Original Year of Issuance Date Shares Issued Range of Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  2017 10,809 $ 18.51 -18.53 2 years 50% /year 885 - $ 156 $ -  2016 30,070 18.02 -21.11 2 years 50% /year 18,160 497 194 348  2015 23,281 21.76 -28.09 2 -4 years 25 -50% /year 20,815 13,733 66 157  Total 64,160 39,860 14,230 $ 416 $ 505  NOTE 8 – SHARE BASED PAYMENTS (CONTINUED)  Trustees  Annual Retainer  The Compensation Committee approved a program that allows the Company’s trustees to make a voluntary election to receive any portion of the annual cash retainer in the form of common equity valued at a 25% premium to the cash that would have been received. On December 30, 201 6, we issued 4,395 shares which do not fully vest until December 31, 201 7 . Compensation expense incurred for the three and six months ended June 30, 2017 and 2016 was $ 23 and $37 and, $47 and $37 , respectively. The following table is a summary of all unvested share awards issued to trustees in lieu of an annual cash retainer:      Unearned Compensation  Original Issuance Date Shares Issued Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2017 December 31, 2016  December 30, 2016 4,395 $ 21.50 12 months 100% $ 47 $ 94   Multi-Year Long-Term Equity Incentives  Compensation expense for the Multi-Year Long Term Incentive Programs for the Company’s trustees incurred for the three and six months ended June 30, 2017 and 2016 was $20 and $ 15 and, $39 and $30 , respectively . Une arn ed compensation related to the Multi-Year Long Term Equity Incentive Programs was $128 and $1 67 as of June 30, 2017 and December 31, 201 6 , respectively.  The following table is a summary of all unvested share awards issued to trustees u nder the 2012 Plan and prior equity incentive plans:     Shares Vested Unearned Compensation  Original Issuance Date Shares Issued Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  December 30, 2016 5,000 3 years 33% /year - - $ 90 $ 108  March 30, 2016 2,500 3 years 33% /year 835 835 26 35  December 30, 2014 2,500 3 years 33% /year 1,670 1,670 12 24  2,505 2,505 $ 128 $ 167  Share Awards  Compensation expense related to share awards issued to the Company’s t rustees of $322 and $319 was incurred during the three and six months ended June 30, 2017 and 2016, respectively, and is recorded in general and administrative expense on the statement of operations. Share grants issued to the Company’s t rustees are immediately vested. On June 6, 2017, an aggregate of 17,074 shares were issued to the Company’s t rustees at a price per share on the date of grant of $18.86 . NOTE 8 – SHARE BASED PAYMENTS (CONTINUED)  Non-employees  The Company issues share based awards as compensation to non-employees for services provided to the Company consisting primarily of restricted common shares. The Company recorded stock based compensation expense of $162 and $ 72 and, $177 and $91 for the three and six months ended June 30, 2017 and 2016, respectively. Unearned compensation related to the restricted share awards as of June 30, 2017 and December 31, 201 6 was $137 and $7 9 , respectively. The following table is a summary of all unvested share awards issued to non-em ployees under the 2012 Plan:             Shares Vested Unearned Compensation  Original Issuance Date Shares Issued Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  March 28, 2017 15,000 $ 18.53 2 years 50% /year 7,625 - $ 137 $ -  March 30, 2016 7,350 $ 21.11 2 years 50% /year 7,350 3,750 - 79  Total 22,350 14,975 3,750 $ 137 $ 79 

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 9 – EARNINGS PER SHARE  The following table is a reconciliation of the income or loss (numerator) and the weighted average shares (denominator) used in the calculation of basic and diluted earnings per common share. The computation of basic and diluted earnings per share is presented below.      Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  NUMERATOR:  Basic and Diluted*  Net Income $ 84,788 $ 114,959 $ 110,743 $ 106,540  Income allocated to Noncontrolling Interests (4,758) (4,748) (5,939) (4,061)  Distributions to Preferred Shareholders (6,042) (4,000) (12,084) (7,589)  Dividends Paid on Unvested Restricted Shares and LTIP Units (81) (112) (196) (257)  Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares - (4,021) - (4,021)  Net Income (Loss) attributable to Common Shareholders $ 73,907 $ 102,078 $ 92,524 $ 90,612   DENOMINATOR:  Weighted average number of common shares - basic 41,737,044 43,427,726 41,727,056 43,903,526  Effect of dilutive securities:  Restricted Stock Awards and LTIP Units (unvested) 238,465 264,176 195,112 183,458  Contingently Issued Shares and Units 232,332 171,675 278,958 297,985  Weighted average number of common shares - diluted 42,207,841 43,863,577 42,201,126 44,384,969  * Income (loss) allocated to noncontrolling interest in HHLP has been excluded from the numerator and Common Units and Vested LTIP Units have been omitted from the denominator for the purpose of computing diluted earnings per share since including these amounts in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income (loss) applicable to common shareholders.

Cash Flow Disclosures And Non C

Cash Flow Disclosures And Non Cash Investing And Financing Activities	6 Months Ended
	Jun. 30, 2017
Cash Flow Disclosures And Non Cash Investing And Financing Activities [Abstract]
Cash Flow Disclosures And Non Cash Investing And Financing Activities	NOTE 10 – CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES  Interest paid during the six months ended June 30, 2017 and 201 6 totaled $19,209 a nd $22,878 respectively. Cash paid for income taxes during the six months ended June 30, 2017 and 2016 totaled $653 and $669 , respectively. The following non-cash investing and financing activities occurred during 201 7 and 201 6 :                    2017 2016  Common Shares issued as part of the Dividend Reinvestment Plan $ 45 $ 31  Acquisition of hotel properties:  Assets acquired through joint venture assignment and assumption 50,000 -  Debt assumed, including premium 44,483 14,750  Deposit paid in prior period towards acquisition which closed in current period - 5,000  Accrued payables for fixed assets placed into service 1,477 467  Contribution of fixed assets to joint venture - 264,658  

Basis Of Presentation (Policies

Basis Of Presentation (Policies)	6 Months Ended
	Jun. 30, 2017
Basis Of Presentation [Abstract]
Principles Of Consolidation And Presentation	Principles of Consolidation and Presentation  The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles and include all of our accounts as well as accounts of the Partnership, subsidiary partnerships and our wholly owned TRS Lessee. All significant inter-company amounts have been eliminated.  Consolidated properties are either wholly owned or owned less than 100% by the Partnership and are controlled by the Company as general partner of the Partnership. Properties owned in joint ventures are also consolidated if the determination is made that we are the primary beneficiary in a variable interest entity (“VIE”) or we maintain control of the asset through our voting interest in the entity. Control can be demonstrated when the general partner has the power to impact the economic performance of the partnership, which includes the ability of the general partner to manage day-to-day operations, refinance debt and sell the assets of the partnerships without the consent of the limited partners and the inability of the limited partners to replace the general partner. Control can be demonstrated by the limited partners if the limited partners have the right to dissolve or liquidate the partnership or otherwise remove the general partner without cause or have rights to participate in the significant decisions made in the ordinary course of the partnership’s business.
Variable Interest Entities	Variable Interest Entities  We evaluate each of our investments and contractual relationships to determine whether they meet the guidelines for consolidation. Entities are consolidated if the determination is made that we are the primary beneficiary in a VIE or we maintain control of the asset through our voting interest or other rights in the operation of the entity. To determine if we are the primary beneficiary of a VIE, we evaluate whether we have a controlling financial interest in that VIE. An enterprise is deemed to have a controlling financial interest if it has i) the power to direct the activities of a variable interest entity that most significantly impact the entity’s economic performance, and ii) the obligation to absorb losses of the VIE that could be significant to the VIE or the rights to receive benefits from the VIE that could be significant to the VIE. Control can also be demonstrated by the ability of a member to manage day-to-day operations, refinance debt and sell the assets of the partnerships without the consent of the other member and the inability of the members to replace the managing member. Based on our examination, the following entities were determined to be VIEs: HHLP, Cindat Hersha Owner JV, LLC; Cindat Hersha Lessee JV, LLC; South Bay Boston, LLC; Hersha Statutory Trust I; and Hersha Statutory Trust II. HHLP meets the criteria as a VIE. The Company’s most significant asset is its investment in HHLP, and consequently, substantially all of the Company’s assets and liabilities represent those assets and liabilities of HHLP. Cindat Hersha Owner JV, LLC and Cindat Hersha Lessee JV, LLC are both VIE entities, however because we are not the primary beneficiary in either entity, they are not consolidated by the Company. Our maximum exposure to losses from our investment in Cindat Hersha Owner JV, LLC is limited to our basis in the joint venture which is $0 as of June 30, 2017. Also, South Bay Boston, LLC leases hotel property and is a VIE. This entity is consolidated by the lessor, the primary beneficiary of the entity. Hersha Statutory Trust I and Hersha Statutory Trust II (collectively “Hersha Statutory Trusts”) are VIEs but HHLP is not NOTE 1 – BASIS OF PRESENTATION (CONTINUED)  the primary beneficiary in these entities. Accordingly, the accounts of Hersha Statutory Trust I and Hersha Statutory Trust II are not consolidated.
Noncontrolling Interest	Noncontrolling Interest  We classify the noncontrolling interests of our consolidated variable interest entity, common units of limited partnership interest in HHLP (“Common Units”), and Long Term Incentive Plan Units (“LTIP Units”) as equity. LTIP Units are a separate class of limited partnership interest in the Operating Partnership that are convertible into Common Units under certain circumstances. The noncontrolling interest of Common Units and LTIP Units totaled $51,815 as of June 30, 2017 and $44,321 as of December 31, 2016. As of June 30, 2017, there were 3,010,348 Common Units outstanding with a fair market value of $55,722 , based on the price per share of our common shares on the NYSE on such date. In accordance with the partnership agreement of HHLP, holders of these Common Units may redeem them for cash unless we, in our sole and absolute discretion, elect to issue common shares on a one-for-one basis in lieu of paying cash. Net income or loss attributed to Common Units and LTIP Units is included in net income or loss but excluded from net income or loss applicable to common shareholders in the consolidated statements of operations.
Shareholders' Equity	Shareholders’ Equity  Terms of the Series C, Series D, and Series E Preferred Shares outstanding at June 30, 2017 and December 31, 2016 are summarized as follows:     Dividend Per Share  Shares Outstanding Six Months Ended June 30,  Series June 30, 2017 December 31, 2016 Aggregate Liquidation Preference Distribution Rate 2017 2016  Series C 3,000,000 3,000,000 $ 75,000 6.875% $ 0.8594 $ 0.8594  Series D 7,700,000 7,700,000 $ 192,500 6.500% $ 0.8126 0.2031  Series E 4,000,000 4,000,000 $ 100,000 6.500% $ 0.8126 -  Total 14,700,000 14,700,000   In October 2016, our Board of Trustees authorized a new share repurchase program for up to $100,000 of common shares which commenced upon the completion of the existing repurchase program. The new repurchase program will expire on December 31, 2017, unless extended by our Board of Trustees.  On April 26, 2017, we entered into Equity Distribution Agreements with four investment banks whereby we agreed to sell up to 8,000,000 Class A common shares, up to 1,000,000 Series D Cumulative Redeemable Preferred Shares, and up to 1,000,000 Series E Cumulative Redeemable Preferred Shares from time to time in an “at the market” offering. In conjunction with this transaction, the Company increased the number of authorized Class A common shares from 90,000,000 to 104,000,000. 
New Accounting Pronouncements	New Accounting Pronouncements  In February 2017, the FASB issued ASU No. 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20) . The update defines the term “in substance nonfinancial asset” as it is presented in Subtopic 610-20 as a “financial asset promised to a counterparty in a contract if substantially all of the fair value of the assets that are promised to the counterparty in the contract is concentrated in nonfinancial assets.” As it relates to the Company, real estate, such as land and building, would be considered an example of a nonfinancial asset. Additionally, the update provides guidance over partial sale transactions, particularly, when an entity should derecognize a distinct nonfinancial asset or in substance nonfinancial asset in a partial sale transaction, and the extent of gain that should be recognized as a result of the partial sale transaction. This standard is effective in conjunction with ASU No. 2014-09 (presented below), which is effective for periods beginning after December 15, 2017, however early adoption is permitted. The provisions of this update must be applied at the same time as the adoption of ASU No. 2014-09. The Company is currently evaluating how the provisions of this update affect our adoption of ASU No. 2014-09. See below for our discussion of ASU No. 2014-09 and the effect it will have on our consolidated financial statements and related disclosures.  In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business , which clarifies the definition of a business as it relates to acquisitions and business combinations. The update adds further guidance that assists preparers in evaluating whether a transaction will be accounted for as an acquisition of an asset or a business. We expect most of our hotel property acquisitions to qualify as asset acquisitions under the standard which permits the capitalization of acquisition costs to the underlying assets. For the six months ended June 30, 2017, the Company incurred $1,824 in acquisition costs that would have been subject to capitalization under this ASU. This standard is effective for periods beginning after December 31, 2017, however early adoption is permitted. The Company is evaluating the ultimate effect that ASU No. 2017-01 will have on our consolidated financial statements and related disclosures.  We adopted ASU No. 2016-09, Improvements to Employee Share-Based Award Payment Accounting , which simplifies various aspects of how share-based payments are accounted for and presented in the financial statements. This standard requires companies to record all of the tax effects related to share-based payments through the income statement, allows companies to elect an accounting policy to either estimate the share based award forfeitures (and expense) or account for forfeitures (and expense) as they occur, and allows companies to withhold a percentage of the shares issuable upon settlement of an award up to the maximum individual statutory tax rate without causing the award to be classified as a liability. The Company has elected to expense forfeitures of share-based award as they occur as our accounting policy. The adoption of ASU No. 2016-09 had no material impact on our consolidated financial statements and related disclosures.  In November 2016 the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230) , which provides guidance on the presentation of restricted cash or restricted cash equivalents within the statement of cash flows. Accordingly, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. This standard is effective for the Company for periods beginning after December 15, 2017. The adoption of ASU No. 2016-18 will change the presentation of the statement of cash flows for the Company and we will utilize a retrospective transition method for each period presented within financial statements for periods subsequent to the date of adoption.  In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which provides the principles for the recognition, measurement, presentation and disclosure of leases. The accounting for lessors will remain largely unchanged from current GAAP; however, the standard requires that certain initial direct costs be expensed rather than capitalized. Under the standard, lessees apply a dual approach, classifying leases as either finance or operating leases. A lessee is required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months, regardless of their lease classification. Based on the review of our leases, we are a lessee on ground leases in certain markets, hotel equipment leases, and office space leases. We are also a lessor in certain office space and retail lease agreements related to our hotels. While we do not anticipate any material change to the accounting for leases under which we are a lessor, we are still evaluating the impact, if any, this ASU will have on the accounting for our leasing arrangements as well as our disclosures within the notes to our financial statements. This standard will be effective for the first annual reporting period beginning after December 15, 2018. The Company is evaluating the effect that ASU No. 2016-02 will have on its consolidated financial statements and related disclosures . NOTE 1 – BASIS OF PRESENTATION (CONTINUED)  On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. We are evaluating each of our revenue streams and related accounting policy under the standard. The new standard is effective for the Company on January 1, 2018. Early adoption is permitted, but not prior to the original effective date of January 1, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. Based on our analysis to date, we do not expect the new revenue recognition model to have a material impact on our hotel operating revenue, including room revenue, food and beverage, and other revenue, however, our final evaluation has not been concluded. Our evaluation under the standard also includes sales to third parties, primarily a result of dispositions of real estate. Our evaluation over sales of real estate is continuing and will be impacted by the FASB definition of a business and in substance nonfinancial assets, which have recently been addressed through the issuance of ASU No. 2017-01 and ASU No. 2017-05, respectively. The Company continues to evaluate the ultimate effect that ASU No. 2014-09 will have on its consolidated financial statements and related disclosures.
Reclassification	Reclassification  Certain amounts in the prior year financial statements have been reclassified to conform to the current year presentation.

Basis Of Presentation (Tables)

Basis Of Presentation (Tables)	6 Months Ended
	Jun. 30, 2017
Basis Of Presentation [Abstract]
Schedule Of Preferred Stock	   Dividend Per Share  Shares Outstanding Six Months Ended June 30,  Series June 30, 2017 December 31, 2016 Aggregate Liquidation Preference Distribution Rate 2017 2016  Series C 3,000,000 3,000,000 $ 75,000 6.875% $ 0.8594 $ 0.8594  Series D 7,700,000 7,700,000 $ 192,500 6.500% $ 0.8126 0.2031  Series E 4,000,000 4,000,000 $ 100,000 6.500% $ 0.8126 -  Total 14,700,000 14,700,000 

Investment In Hotel Properties

Investment In Hotel Properties (Tables)	6 Months Ended
	Jun. 30, 2017
Investment In Hotel Properties	   June 30, 2017 December 31, 2016   Land $ 552,216 $ 499,484  Buildings and Improvements 1,615,746 1,383,266  Furniture, Fixtures and Equipment 240,746 204,212  Construction in Progress 1,955 950  2,410,663 2,087,912   Less Accumulated Depreciation (358,913) (320,342)   Total Investment in Hotel Properties $ 2,051,750 $ 1,767,570 
Assets Held For Sale	   December 31, 2016   Land $ 22,208  Buildings and Improvements 105,663  Furniture, Fixtures and Equipment 24,187  152,058   Less: Accumulated Depreciation & Amortization (53,585)   Assets Held for Sale $ 98,473   Liabilities Related to Assets Held for Sale $ 51,428 
Condensed Pro Forma Financial Data	   Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  Pro Forma Total Revenues $ 146,680 148,990 $ 264,021 $ 276,571   Pro Forma Net Income 89,029 116,167 116,549 109,759  Income Allocated to Noncontrolling Interest (5,017) (4,806) (6,289) (4,209)  Preferred Distributions (6,042) (4,000) (12,084) (7,589)  Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares - (4,021) (4,021)  Pro Forma Income Applicable to Common Shareholders $ 77,970 $ 103,341 $ 98,176 $ 93,940   Pro Forma Income Applicable to Common Shareholders per Common Share  Basic $ 1.87 $ 2.38 $ 2.35 $ 2.14  Diluted $ 1.85 $ 2.36 $ 2.33 $ 2.12   Weighted Average Common Shares Outstanding  Basic 41,737,044 43,427,726 41,727,056 43,903,526  Diluted 42,207,841 43,863,577 42,201,126 44,384,969 
Aquisitions In 2016 [Member]
Wholly Owned Hotel Properties Acquired	     Hotel Acquisition Date Land Buildings and Improvements Furniture, Fixtures and Equipment Other Intangibles Total Purchase Price Assumption of Debt  Mystic Marriott Hotel & Spa, Groton, CT (1) 1/3/2017 $ 1,420 $ 40,440 $ 7,240 $ 899 * $ 49,999 $ 41,333  The Ritz-Carlton, Coconut Grove, FL 2/1/2017 5,185 30,742 1,064 (291) ** 36,700 3,150  The Pan Pacific Hotel, Seattle, WA 2/21/2017 13,079 59,256 6,665 - 79,000 -  The Westin, Philadelphia, PA 6/29/2017 33,048 91,462 10,490 - 135,000 -  TOTAL $ 52,732 $ 221,900 $ 25,459 $ 608 $ 300,699 $ 44,483  (1) The Mystic Marriott Hotel & Spa was acquired as partial consideration within the transaction to redeem and transfer our joint venture interest in Mystic Partners, LLC. See Note 3 for further description of the transaction.  * Consists entirely of $899 of advanced bookings.  ** Includes an intangible asset for a lease-in-place of $229 , a nd a below market lease liability of $520 .
Results Of Operations For Hotels Acquired With 100% Interest	   Three Months Ended June 30, 2017 Six Months Ended June 30, 2017  Hotel Revenue Net Income (Loss) Revenue Net Income (Loss)  Mystic Marriott Hotel & Spa, Groton, CT $ 5,815 $ 871 $ 10,152 $ 559  The Ritz-Carlton, Coconut Grove, FL 3,490 (159) 6,544 (79)  The Pan Pacific Hotel, Seattle, WA 3,968 313 5,310 (31)  The Westin, Philadelphia, PA 29 (1,012) 29 (1,012)   Total $ 13,302 $ 13 $ 22,035 $ (563) 

Investment In Unconsolidated 23

Investment In Unconsolidated Joint Ventures (Tables)	6 Months Ended
	Jun. 30, 2017
Investment In Unconsolidated Joint Ventures [Abstract]
Investment In Unconsolidated Joint Ventures	   Percent Preferred  Joint Venture Hotel Properties Owned Return June 30, 2017 December 31, 2016   SB Partners, LLC Holiday Inn Express, South Boston, MA 50.0% N/A $ 1,148 $ 913  Hiren Boston, LLC Courtyard by Marriott, South Boston, MA 50.0% N/A 2,419 2,112  Mystic Partners, LLC Hilton and Marriott branded hotels in CT 8.8%-66.7% 8.5% non-cumulative - 4,699  Cindat Hersha Owner JV, LLC Hilton and IHG branded hotels in NYC 30.0% * - 3,717  $ 3,567 $ 11,441  *See explanation below of the Cindat Hersha Owner JV, LLC (“Owner JV”) for more information on the preferred return provisions of this joint venture. 
Income Or Loss From Unconsolidated Joint Ventures	    Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  SB Partners, LLC $ 288 $ 326 $ 235 $ 287  Hiren Boston, LLC 423 379 307 285  Mystic Partners, LLC - (76) - (157)  Cindat Hersha Owner JV, LLC - 892 (3,717) 892  Income (Loss) from Unconsolidated Joint Venture Investments $ 711 $ 1,521 $ (3,175) $ 1,307 
Summary Financial Information Related To Unconsolidated Joint Ventures	   Balance Sheets   June 30, 2017 December 31, 2016  Assets  Investment in Hotel Properties, Net $ 565,175 $ 647,548  Other Assets 34,385 45,576  Total Assets $ 599,560 $ 693,124   Liabilities and Equity  Mortgages and Notes Payable $ 347,404 $ 432,173  Other Liabilities 7,377 36,275  Equity:  Hersha Hospitality Trust 92,812 119,892  Joint Venture Partner(s) 152,203 104,784  Accumulated Other Comprehensive Loss (236) -  Total Equity 244,779 224,676   Total Liabilities and Equity $ 599,560 $ 693,124  NOTE 3 – INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (CONTINUED)     Statements of Operations   Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  Room Revenue $ 25,812 $ 31,578 $ 41,008 $ 43,958  Other Revenue 504 6,789 954 11,492  Operating Expenses (11,270) (20,681) (20,356) (33,565)  Lease Expense (155) (276) (339) (581)  Property Taxes and Insurance (2,748) (2,316) (5,496) (3,077)  General and Administrative (1,372) (2,116) (2,527) (3,348)  Depreciation and Amortization (3,061) (3,335) (6,005) (5,009)  Interest Expense (5,188) (4,658) (10,099) (6,264)  Acquisition Costs - (1,499) - (1,499)  Gain (Loss) Allocated to Noncontrolling Interests - (72) - (40)  Net Income (Loss) $ 2,522 $ 3,414 $ (2,860) $ 2,067 
Reconciliation Of Share In Unconsolidated Joint Ventures' Equity In Investment In Unconsolidated Joint Ventures	      June 30, 2017 December 31, 2016  Our share of equity recorded on the joint ventures' financial statements $ 92,812 $ 119,892  Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures (1) (89,245) (108,451)  Investment in Unconsolidated Joint Ventures $ 3,567 $ 11,441  (1) Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures consists of the following:  · the difference between our basis in the investment in joint ventures and the equity recorded on the joint ven tures' financial statements; · accumulated amortization of our equity in joint ventures that reflects the difference in our portion of the fair value of joint ventures' assets on the date of our investment when compared to the carrying value of the assets recorded on the joint ventures ’ financial statements (this excess or deficit investment is amortized over the life of the properties, and the amortization is included in Income (Loss) from Unconsolidated Joint Venture Investments on our consolidated statement of operations) ; and cu mul ative impairment of our investment in joint ventures not reflected on the joint venture s' financial statements, if any.

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Other Assets [Abstract]
Other Assets	   June 30, 2017 December 31, 2016   Derivative Asset $ 1,856 $ 1,835  Deferred Financing Costs 1,112 1,383  Prepaid Expenses 10,636 9,217  Investment in Statutory Trusts 1,548 1,548  Investment in Non-Hotel Property and Inventories 2,703 2,641  Deposits with Unaffiliated Third Parties 4,412 3,332  Deferred Tax Asset, Net of Valuation Allowance of $804 13,292 16,197  Other 2,665 3,217  $ 38,224 $ 39,370 

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Debt [Abstract]
Schedule Of Mortgages Payable	  June 30, 2017 December 31, 2016  Mortgage Indebtedness $ 312,588 $ 338,529  Net Unamortized Premium 2,056 2,313  Net Unamortized Deferred Financing Costs (2,794) (3,021)  Mortgages Payable $ 311,850 $ 337,821   Liabilities Related to Hotel Assets Held for Sale $ - $ 51,428 
Summary Of Borrowing Base Assets	   - Courtyard, Brookline, MA - Hampton Inn, Washington, DC  - Holiday Inn Express, Cambridge, MA - Ritz Carlton, Washington, DC  - Envoy Hotel, Boston, MA - Hilton Garden Inn, M Street, Washington, DC  - The Boxer, Boston, MA - Residence Inn, Coconut Grove, FL  - Hampton Inn, Seaport, NY - Winter Haven, Miami, FL  - The Duane Street Hotel, NY - Blue Moon, Miami, FL  - Hampton Inn, Pearl Street, NY - Courtyard, Miami, FL  - Holiday Inn Express, 29th Street, NY - Parrot Key Resort, Key West, FL  - Sheraton Hotel, JFK Airport, New York, NY - TownePlace Suites, Sunnyvale, CA  - Hilton Garden Inn, JFK Airport, New York, NY - The Ambrose Hotel, Santa Monica, CA  - Nu Hotel, Brooklyn, NY - Courtyard, San Diego, CA  - Hyatt House White Plains, NY - The Pan Pacific Hotel, Seattle, WA  - Holiday Inn Express Chester, NY - Residence Inn, Tyson's Corner, VA  - Hampton Inn, Philadelphia, PA - Hyatt House Gaithersburg, MD  - The Rittenhouse Hotel, Philadelphia, PA - Mystic Marriott Hotel & Spa, Groton, CT  - Sheraton, Wilmington South, DE 
Summary Of The Balances Outstanding And Interest Rate Spread	  Outstanding Balance  Borrowing Spread June 30, 2017 December 31, 2016  Line of Credit 1.70% to 2.45% $ - $ -  First Term Loan 1.60% to 2.35% 210,520 210,520  Second Term Loan 1.50% to 2.25% 300,000 300,000  Third Term Loan 1.45% to 2.20% 200,000 156,100 

Fair Value Measurements And D26

Fair Value Measurements And Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Measurements And Derivative Instruments [Abstract]
Fair Value Of Interest Rate Swaps And Caps	    Estimated Fair Value  Asset / (Liability) Balance  Hedged Debt Type Strike Rate Index Effective Date Derivative Contract Maturity Date Notional Amount June 30, 2017 December 31, 2016   Term Loan Instruments:  Third Term Loan Swap 1.011% 1-Month LIBOR + 2.20% November 3, 2016 October 3, 2019 150,000 $ 1,836 $ 1,773  Third Term Loan *** Swap 1.694% 1-Month LIBOR + 2.20% April 3, 2017 October 3, 2019 50,000 (153) -  Second Term Loan ** Swap 1.443% 1-Month LIBOR + 2.25% August 10, 2017 August 10, 2020 300,000 (1,150) -   Mortgages:  Courtyard, LA Westside, Culver City, CA Cap 3.000% 1-Month LIBOR + 3.00% October 27, 2015 September 29, 2017 35,000 3 8  Hyatt, Union Square, New York, NY Cap 3.000% 1-Month LIBOR + 2.30% June 10, 2015 June 10, 2019 55,750 10 54  Hilton Garden Inn 52nd Street, New York, NY * Swap 1.600% 1-Month LIBOR + 2.90% February 24, 2017 February 24, 2020 44,325 8 -  Duane Street Hotel, New York, NY Swap 0.933% 1-Month LIBOR + 4.50% February 1, 2014 February 1, 2017 - - (1)  Hilton Garden Inn 52nd Street, New York, NY * Swap 1.152% 1-Month LIBOR + 2.90% June 1, 2015 February 21, 2017 44,325 - (26)   $ 554 $ 1,808  * On February 24, 2017, we refinanced the debt associated with the Hilton Garden Inn 52 nd Street, New York, NY. As a result, we e ntered into an interest rate swap with a strike rate o f 1.60% . The interest rate swap designated as a hedge against the refinanced mortgage note matured on February 21, 2017 .  ** On March 23, 2017 , we entered into an int erest rate swap associated with our $300,000 Second T erm Loan, which becomes effective beginning on August 10, 2017. This swap effectively fixes the interest rate of the Second Term Loan at 3.6930% from the effective date through August 9, 2018 . For the period from August 10, 2018 to August 11, 2019, the interest rate will be fixed at 4.1155% . For the period from August 12, 2019 through maturity, the interest rate will be fixed at 4.3925% . This swap matures on August 10, 2020.  *** On March 14, 2017 , we entered into an int erest rate swap associated with our $ 5 0,000 of our $200,000 Third Term Loan , which became effective on April 3, 2017 . This swap effectively fixes the interest rate of the Third Term Loan at 3.894%. This swap matures on October 3, 2019.

Share Based Payments (Tables)

Share Based Payments (Tables)	6 Months Ended
	Jun. 30, 2017
Summary Of Unvested Share Awards Issued To Nonemployees	   Shares Vested Unearned Compensation  Original Issuance Date Shares Issued Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  March 28, 2017 15,000 $ 18.53 2 years 50% /year 7,625 - $ 137 $ -  March 30, 2016 7,350 $ 21.11 2 years 50% /year 7,350 3,750 - 79  Total 22,350 14,975 3,750 $ 137 $ 79 
Multi-year LTIP Trustee [Member]
Summary Of Unvested Share Awards Issued To Trustees	  Shares Vested Unearned Compensation  Original Issuance Date Shares Issued Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  December 30, 2016 5,000 3 years 33% /year - - $ 90 $ 108  March 30, 2016 2,500 3 years 33% /year 835 835 26 35  December 30, 2014 2,500 3 years 33% /year 1,670 1,670 12 24  2,505 2,505 $ 128 $ 167  
Multi-Year LTIP [Member]
Summary Of Unvested Share Awards Issued To Executives	  Units Vested Unearned Compensation  Compensation Committee Approval Date LTIP Units Issued LTIP Issuance Date Performance Period June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  March 10, 2017  (2017 Multi-Year EIP) - N/A 1/1/2017 to 12/31/2019 - - $ 1,047 $ -  March 17, 2016  (2016 Multi-Year EIP) - N/A 1/1/2016 to 12/31/2018 - - 740 $ 888  March 18, 2015  (2015 Multi-Year EIP) - N/A 1/1/2015 to 12/31/2017 - - 298 397  April 11, 2014  (2014 Multi-Year EIP) 61,057 3/28/2017 1/1/2014 to 12/31/2016 30,524 - 221 283  61,057 30,524 - $ 2,306 $ 1,568 
LTIP Units [Member]
Summary Of Unvested Share Awards Issued To Executives	  Units Vested Unearned Compensation  Issuance Date LTIP Units Issued Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  March 28, 2017  (2016 Annual EIP) 122,727 3 years 25%/year (1) 30,680 - $ 852 $ -  March 30, 2016  (2015 Annual EIP) 183,396 3 years 25%/year (1) 91,696 91,696 563 868  March 30, 2015  (2014 Annual EIP) 128,832 3 years 25%/year (1) 96,623 96,623 113 225  December 23, 2014 258,899 5 years 33% Year 3, 4, 5 (2) 258,899 172,599 - 457  693,854 477,898 360,918 $ 1,528 $ 1,550  (1) 25% of the issued shares or LTIP Units vested immediately upon issuance. In general, the remaining shares or LTIP Units vest 25% on the first through third anniversaries of th e end of the performance period, which is a calendar year-end (subject to continuous employment through the applicable vesting date). (2) On April 18, 2012, the Company entered into amended and restated employment agreements with the Company’s executive officers. To induce the executives to agree to the substantial reduction in benefits upon certain terminations following a change of control as described in the agreements, the Company awarded an aggregate of 258,899 restricted common shares to the executives pursuant to the 2012 Plan, which were subsequently forfeited and replaced with LTIP Units on December 23, 2014 . One-third of each award of LTIP Units vested or will vest on each of the third, fourth and fifth anniversaries of the original date of issuance. Vesting will accelerate upon a change of control or if the relevant executive’s employment with the Company were to terminate for any reason other than for cause (as defined in the employment agreements). 
Restricted Share Awards [Member]
Summary Of Unvested Share Awards Issued To Executives	  Shares Vested Unearned Compensation  Original Year of Issuance Date Shares Issued Range of Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016  2017 10,809 $ 18.51 -18.53 2 years 50% /year 885 - $ 156 $ -  2016 30,070 18.02 -21.11 2 years 50% /year 18,160 497 194 348  2015 23,281 21.76 -28.09 2 -4 years 25 -50% /year 20,815 13,733 66 157  Total 64,160 39,860 14,230 $ 416 $ 505  NOTE 8 – SHARE BASED PAYMENTS (CONTINUED) 
Annual Retainer [Member]
Summary Of Unvested Share Awards Issued To Trustees	   Unearned Compensation  Original Issuance Date Shares Issued Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2017 December 31, 2016  December 30, 2016 4,395 $ 21.50 12 months 100% $ 47 $ 94 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Reconciliation Of Earnings Per Share	    Three Months Ended June 30, Six Months Ended June 30,  2017 2016 2017 2016  NUMERATOR:  Basic and Diluted*  Net Income $ 84,788 $ 114,959 $ 110,743 $ 106,540  Income allocated to Noncontrolling Interests (4,758) (4,748) (5,939) (4,061)  Distributions to Preferred Shareholders (6,042) (4,000) (12,084) (7,589)  Dividends Paid on Unvested Restricted Shares and LTIP Units (81) (112) (196) (257)  Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares - (4,021) - (4,021)  Net Income (Loss) attributable to Common Shareholders $ 73,907 $ 102,078 $ 92,524 $ 90,612   DENOMINATOR:  Weighted average number of common shares - basic 41,737,044 43,427,726 41,727,056 43,903,526  Effect of dilutive securities:  Restricted Stock Awards and LTIP Units (unvested) 238,465 264,176 195,112 183,458  Contingently Issued Shares and Units 232,332 171,675 278,958 297,985  Weighted average number of common shares - diluted 42,207,841 43,863,577 42,201,126 44,384,969  * Income (loss) allocated to noncontrolling interest in HHLP has been excluded from the numerator and Common Units and Vested LTIP Units have been omitted from the denominator for the purpose of computing diluted earnings per share since including these amounts in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income (loss) applicable to common shareholders.

Cash Flow Disclosures And Non29

Cash Flow Disclosures And Non Cash Investing And Financing Activities (Tables)	6 Months Ended
	Jun. 30, 2017
Cash Flow Disclosures And Non Cash Investing And Financing Activities [Abstract]
Non-cash Investing And Financing Activities	  2017 2016  Common Shares issued as part of the Dividend Reinvestment Plan $ 45 $ 31  Acquisition of hotel properties:  Assets acquired through joint venture assignment and assumption 50,000 -  Debt assumed, including premium 44,483 14,750  Deposit paid in prior period towards acquisition which closed in current period - 5,000  Accrued payables for fixed assets placed into service 1,477 467  Contribution of fixed assets to joint venture - 264,658 

Basis Of Presentation (Narrativ

Basis Of Presentation (Narrative) (Details) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017USD ($)entityshares	Jun. 30, 2017USD ($)$ / sharesentityshares	Jun. 30, 2016USD ($)$ / shares	Dec. 31, 2016USD ($)shares	Oct. 31, 2016USD ($)
Shareholders' Equity [Abstract]
Common Shares, Dividends declared (in dollars per share) | $ / shares		$ 0.56	$ 0.56
Stock Repurchase Program, Authorized Amount					$ 100,000
Repurchase of Common Shares			$ 39,127
Proceeds from Issuance of Preferred Shares, Net			$ 186,010
Acquisition costs	$ 1,124	$ 1,824
Accounting Standards Update 2017-01 [Member]
Shareholders' Equity [Abstract]
Acquisition costs		$ 1,824
Share Distribution [Member]
Shareholders' Equity [Abstract]
Number of investment banks | entity	4	4
Hersha Hospitality Limited Partnership [Member]
Class of Stock [Line Items]
Approximate ownership percentage in the Partnership (in hundredths)	93.30%	93.30%
General partnership interest (in hundredths)		1.00%
Cindat Hersha Owner JV, LLC [Member]
Shareholders' Equity [Abstract]
Maximum exposure to losses due to investment in Joint Ventures	$ 0	$ 0
Noncontrolling Interests Common Units And LTIP Units [Member]
Noncontrolling Interest [Abstract]
Noncontrolling interests in Nonredeemable Common Units	$ 51,815	$ 51,815		$ 44,321
Nonredeemable common units outstanding (in shares) | shares	3,010,348	3,010,348
Fair market value of nonredeemable common units	$ 55,722	$ 55,722
Series E Preferred Stock [Member]
Shareholders' Equity [Abstract]
Distribution Rate		6.50%
Series E Preferred Stock [Member] | Share Distribution [Member]
Shareholders' Equity [Abstract]
Preferred Shares - Authorized (in shares) | shares	1,000,000	1,000,000
Series C Preferred Shares [Member]
Shareholders' Equity [Abstract]
Distribution Rate		6.875%
Series D Preferred Shares [Member]
Shareholders' Equity [Abstract]
Distribution Rate		6.50%
Series D Preferred Shares [Member] | Share Distribution [Member]
Shareholders' Equity [Abstract]
Preferred Shares - Authorized (in shares) | shares	1,000,000	1,000,000
Class A Common Shares [Member]
Shareholders' Equity [Abstract]
Common Shares - Outstanding (in shares) | shares	41,827,466	41,827,466		41,770,514
Common Shares - Authorized (in shares) | shares	104,000,000	104,000,000		90,000,000
Class A Common Shares [Member] | Share Distribution [Member]
Shareholders' Equity [Abstract]
Common Shares - Authorized (in shares) | shares	8,000,000	8,000,000

Basis Of Presentation (Schedule

Basis Of Presentation (Schedule Of Preferred Stock) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Class of Stock [Line Items]
Shares Outstanding	14,700,000		14,700,000
Series C Preferred Shares [Member]
Class of Stock [Line Items]
Shares Outstanding	3,000,000		3,000,000
Aggregate Liquidation Preference	$ 75,000
Distribution Rate	6.875%
Dividend Per Share	$ 0.8594	$ 0.8594
Series D Preferred Shares [Member]
Class of Stock [Line Items]
Shares Outstanding	7,700,000		7,700,000
Aggregate Liquidation Preference	$ 192,500
Distribution Rate	6.50%
Dividend Per Share	$ 0.8126	$ 0.2031
Series E Preferred Stock [Member]
Class of Stock [Line Items]
Shares Outstanding	4,000,000		4,000,000
Aggregate Liquidation Preference	$ 100,000
Distribution Rate	6.50%
Dividend Per Share	$ 0.8126

Investment In Hotel Propertie32

Investment In Hotel Properties (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Jul. 31, 2016
Business Acquisition [Line Items]
Acquisition costs	$ 1,124	$ 1,824
Assumption of Debt	44,483	44,483
Proceeds from Contribution of Hotel Property Assets to Unconsolidated Joint Venture			$ 428,811
Total Purchase Price		300,699
Investment in hotel properties	2,051,750	2,051,750		$ 1,767,570
Reduction of consolidated mortgage debt		121,852	64,710
Reduction to line of credit and unsecured term loan balance			27,000
Repayment of Unsecured Term Loan Borrowing			$ 39,480
Residence Inn, Greenbelt, MD, and the Courtyard, Alexandria, VA [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Total sales price	$ 62,000	62,000
Approximate gain (loss) on sale		18,731
Residence Inn, Greenbelt, MD, Courtyard, Alexandria, VA, Hyatt House, Scottsdale, AZ, Hyatt House, Pleasant Hill, CA, and Hyatt House, Pleasanton, CA [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Sale Agreement, Total Purchase Price					$ 185,000
Sale Agreement Increase (Decrease) In Total Purchase Price		7,500
Hyatt House, Scottsdale, AZ, Hyatt House, Pleasant Hill, CA, and Hyatt House, Pleasanton, CA [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Total Purchase Price		130,500
Approximate gain (loss) on sale		$ 70,852

Investment In Hotel Propertie33

Investment In Hotel Properties (Investment In Hotel Properties) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Total investment in hotel properties, gross	$ 2,410,663	$ 2,087,912
Less accumulated depreciation	(358,913)	(320,342)
Total investment in hotel properties, net	2,051,750	1,767,570
Land [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	552,216	499,484
Building and Improvements [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	1,615,746	1,383,266
Furniture, Fixtures And Equipment [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	240,746	204,212
Construction In Progress [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	$ 1,955	$ 950

Investment In Hotel Propertie34

Investment In Hotel Properties (Wholly Owned Hotel Properties Acquired) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Business Acquisition [Line Items]
Total Purchase Price	$ 300,699
Assumption of Debt	44,483
Other Intangibles [Member]
Business Acquisition [Line Items]
Total Purchase Price	608
Land [Member]
Business Acquisition [Line Items]
Total Purchase Price	52,732
Building and Improvements [Member]
Business Acquisition [Line Items]
Total Purchase Price	221,900
Furniture, Fixtures And Equipment [Member]
Business Acquisition [Line Items]
Total Purchase Price	$ 25,459
Mystic Marriott Hotel & Spa, Groton, CT [Member]
Business Acquisition [Line Items]
Acquisition Date	Jan. 3, 2017
Total Purchase Price	$ 49,999
Assumption of Debt	41,333
Mystic Marriott Hotel & Spa, Groton, CT [Member] | Other Intangibles [Member]
Business Acquisition [Line Items]
Total Purchase Price	899
Intangible asset, advanced bookings	899
Mystic Marriott Hotel & Spa, Groton, CT [Member] | Land [Member]
Business Acquisition [Line Items]
Total Purchase Price	1,420
Mystic Marriott Hotel & Spa, Groton, CT [Member] | Building and Improvements [Member]
Business Acquisition [Line Items]
Total Purchase Price	40,440
Mystic Marriott Hotel & Spa, Groton, CT [Member] | Furniture, Fixtures And Equipment [Member]
Business Acquisition [Line Items]
Total Purchase Price	$ 7,240
The Ritz-Carlton, Coconut Grove, FL [Member]
Business Acquisition [Line Items]
Acquisition Date	Feb. 1, 2017
Total Purchase Price	$ 36,700
Assumption of Debt	3,150
The Ritz-Carlton, Coconut Grove, FL [Member] | Other Intangibles [Member]
Business Acquisition [Line Items]
Total Purchase Price	(291)
Lease-in-place intangible asset	229
Intangible asset, franchise fees	520
The Ritz-Carlton, Coconut Grove, FL [Member] | Land [Member]
Business Acquisition [Line Items]
Total Purchase Price	5,185
The Ritz-Carlton, Coconut Grove, FL [Member] | Building and Improvements [Member]
Business Acquisition [Line Items]
Total Purchase Price	30,742
The Ritz-Carlton, Coconut Grove, FL [Member] | Furniture, Fixtures And Equipment [Member]
Business Acquisition [Line Items]
Total Purchase Price	$ 1,064
The Pan Pacific Hotel, Seattle, WA [Member]
Business Acquisition [Line Items]
Acquisition Date	Feb. 21, 2017
Total Purchase Price	$ 79,000
The Pan Pacific Hotel, Seattle, WA [Member] | Land [Member]
Business Acquisition [Line Items]
Total Purchase Price	13,079
The Pan Pacific Hotel, Seattle, WA [Member] | Building and Improvements [Member]
Business Acquisition [Line Items]
Total Purchase Price	59,256
The Pan Pacific Hotel, Seattle, WA [Member] | Furniture, Fixtures And Equipment [Member]
Business Acquisition [Line Items]
Total Purchase Price	$ 6,665
The Westin, Philadelphia, PA [Member]
Business Acquisition [Line Items]
Acquisition Date	Jun. 29, 2017
Total Purchase Price	$ 135,000
The Westin, Philadelphia, PA [Member] | Land [Member]
Business Acquisition [Line Items]
Total Purchase Price	33,048
The Westin, Philadelphia, PA [Member] | Building and Improvements [Member]
Business Acquisition [Line Items]
Total Purchase Price	91,462
The Westin, Philadelphia, PA [Member] | Furniture, Fixtures And Equipment [Member]
Business Acquisition [Line Items]
Total Purchase Price	$ 10,490

Investment In Hotel Propertie35

Investment In Hotel Properties (Results of Operations for Hotels Acquired With 100% Interest) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Business Acquisition [Line Items]
Revenue	$ 13,302	$ 22,035
Net Income (Loss)	13	(563)
Mystic Marriott Hotel & Spa, Groton, CT [Member]
Business Acquisition [Line Items]
Revenue	5,815	10,152
Net Income (Loss)	871	559
The Ritz-Carlton, Coconut Grove, FL [Member]
Business Acquisition [Line Items]
Revenue	3,490	6,544
Net Income (Loss)	(159)	(79)
The Pan Pacific Hotel, Seattle, WA [Member]
Business Acquisition [Line Items]
Revenue	3,968	5,310
Net Income (Loss)	313	(31)
The Westin, Philadelphia, PA [Member]
Business Acquisition [Line Items]
Revenue	29	29
Net Income (Loss)	$ (1,012)	$ (1,012)

Investment In Hotel Propertie36

Investment In Hotel Properties (Assets Held For Sale ) (Details) $ in Thousands	Dec. 31, 2016USD ($)
Long Lived Assets Held-for-sale [Line Items]
Assets Held for Sale	$ 98,473
Liabilities Related To Hotel Assets Held for Sale	51,428
Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held for Sale, Gross	152,058
Less Accumulated Depreciation & Amortization	(53,585)
Assets Held for Sale	98,473
Liabilities Related To Hotel Assets Held for Sale	51,428
Land [Member] | Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held for Sale, Gross	22,208
Building and Improvements [Member] | Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held for Sale, Gross	105,663
Furniture, Fixtures And Equipment [Member] | Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held for Sale, Gross	$ 24,187

Investment In Hotel Propertie37

Investment In Hotel Properties (Condensed Pro Forma Financial Data) (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Investment In Hotel Properties [Abstract]
Pro Forma Total Revenues		$ 146,680	$ 148,990	$ 264,021	$ 276,571
Pro Forma Net Income		89,029	116,167	116,549	109,759
Income Allocated to Noncontrolling Interest		(5,017)	(4,806)	(6,289)	(4,209)
Preferred Distributions		(6,042)	(4,000)	(12,084)	(7,589)
Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares			(4,021)		(4,021)
Pro Forma Income Applicable to Common Shareholders		$ 77,970	$ 103,341	$ 98,176	$ 93,940
Pro Forma Income Applicable to Common Shareholders per Common Share: Basic		$ 1.87	$ 2.38	$ 2.35	$ 2.14
Pro Forma Income Applicable to Common Shareholders per Common Share: Diluted		$ 1.85	$ 2.36	$ 2.33	$ 2.12
Weighted Average Common Shares Outstanding: Basic		41,737,044	43,427,726	41,727,056	43,903,526
Weighted Average Common Shares Outstanding: Diluted	[1]	42,207,841	43,863,577	42,201,126	44,384,969
[1]	Income allocated to noncontrolling interest in Hersha Hospitality Limited Partnership (the "Operating Partnership" or "HHLP") has been excluded from the numerator and the Class A common shares issuable upon any redemption of the Operating Partnership's common units of limited partnership interest ("Common Units") and the Operating Partnership's vested LTIP units ("Vested LTIP Units") have been omitted from the denominator for the purpose of computing diluted earnings per share because the effect of including these shares and units in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income applicable to common shareholders.

Investment In Unconsolidated 38

Investment In Unconsolidated Joint Ventures (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Investments in Unconsolidated Joint Ventures [Line Items]
Investment in hotel properties		$ 2,051,750		$ 1,767,570
Investment in Unconsolidated Joint Ventures		3,567		11,441
Proceeds from Contribution of Hotel Property Assets to Unconsolidated Joint Venture			$ 428,811
Debt Instrument, Face Amount		$ 960,520
Asset management fee, percentage		3.00%
Gain on debt extinguishment	$ (1,049)	$ (274)	$ (1,091)
Gain from Remeasurement of Investment in Unconsolidated Joint Venture		$ 16,239
Mystic Marriott Hotel Spa [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned after transaction		100.00%
Proceeds of redemption and transfer of minority interest		$ 11,623
Business acquisition, mortgage debt assumed, principal balance		41,333
Gain from Remeasurement of Investment in Unconsolidated Joint Venture		16,239
Mystic Partners, LLC [Member] | Hilton And Marriott Branded Hotels In CT [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Investment in Unconsolidated Joint Ventures				$ 4,699
Preferred units, dividend rate, percentage (in hundredths)		8.50%
Mystic Partners, LLC [Member] | Hilton And Marriott Branded Hotels In CT [Member] | Minimum [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned (in hundredths)		8.80%
Mystic Partners, LLC [Member] | Hilton And Marriott Branded Hotels In CT [Member] | Maximum [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned (in hundredths)		66.70%
Cindat Hersha Owner JV, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned (in hundredths)		30.00%
Cindat Capital Management Limited [Member] | Cindat Hersha Owner JV, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Preferred Joint Venture Partner, Ownership Percentage		70.00%
Common equity interest		$ 142,000
Cindat Capital Management Limited [Member] | Cindat Hersha Owner JV, LLC [Member] | Scenario, Actual [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest return		8.00%
Common Equity Interest, Return, Annual Reduction		0.50%
Common Equity Interest, Return, Annual Reduction, Term		4 years
Cindat Capital Management Limited [Member] | Cindat Hersha Owner JV, LLC [Member] | Junior Common Equity Interest [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest return		9.50%
Hersha Hospitality Limited Partnership [Member] | Cindat Hersha Owner JV, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Preferred equity interest		$ 43,194
Non-cumulative Return		9.00%
Hersha Hospitality Limited Partnership [Member] | Cindat Hersha Owner JV, LLC [Member] | Junior Common Equity Interest [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest		$ 60,857
Common equity interest return		8.00%

Investment In Unconsolidated 39

Investment In Unconsolidated Joint Ventures (Investment In Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Investments in Unconsolidated Joint Ventures [Line Items]
Investment in unconsolidated joint ventures	$ 3,567	$ 11,441
SB Partners, LLC [Member] | Holiday Inn Express, Boston, MA [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent Owned	50.00%
Investment in unconsolidated joint ventures	$ 1,148	913
Hiren Boston, LLC [Member] | Courtyard by Marriott, Boston, MA [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent Owned	50.00%
Investment in unconsolidated joint ventures	$ 2,419	2,112
Mystic Partners, LLC [Member] | Hilton And Marriott Branded Hotels In CT [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Preferred Return	8.50%
Investment in unconsolidated joint ventures		4,699
Mystic Partners, LLC [Member] | Hilton And Marriott Branded Hotels In CT [Member] | Minimum [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent Owned	8.80%
Mystic Partners, LLC [Member] | Hilton And Marriott Branded Hotels In CT [Member] | Maximum [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent Owned	66.70%
Cindat Hersha Owner JV, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent Owned	30.00%
Cindat Hersha Owner JV, LLC [Member] | Hilton And IHG Branded Hotels In NYC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent Owned	30.00%
Investment in unconsolidated joint ventures		$ 3,717

Investment In Unconsolidated 40

Investment In Unconsolidated Joint Ventures (Income Or Loss From Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Investments in Unconsolidated Joint Ventures [Line Items]
Income (Loss) from Unconsolidated Joint Venture Investments	$ 711	$ 1,521	$ (3,175)	$ 1,307
SB Partners, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (Loss) from Unconsolidated Joint Venture Investments	288	326	235	287
Hiren Boston, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (Loss) from Unconsolidated Joint Venture Investments	$ 423	379	307	285
Mystic Partners, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (Loss) from Unconsolidated Joint Venture Investments		(76)		(157)
Cindat Hersha Owner JV, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (Loss) from Unconsolidated Joint Venture Investments		$ 892	$ (3,717)	$ 892

Investment In Unconsolidated 41

Investment In Unconsolidated Joint Ventures (Summary Financial Information Related To Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Assets [Abstract]
Investment in hotel properties, net	$ 565,175		$ 565,175		$ 647,548
Other Assets	34,385		34,385		45,576
Total Assets	599,560		599,560		693,124
Liabilities and Equity [Abstract]
Mortgages and notes payable	347,404		347,404		432,173
Other liabilities	7,377		7,377		36,275
Equity [Abstract]
Hersha Hospitality Trust	92,812		92,812		119,892
Joint Venture Partner(s)	152,203		152,203		104,784
Accumulated Other Comprehensive Loss	(236)		(236)
Total Equity	244,779		244,779		224,676
Total Liabilities and Equity	599,560		599,560		$ 693,124
Statements of Operations [Abstract]
Room Revenue	25,812	$ 31,578	41,008	$ 43,958
Other Revenue	504	6,789	954	11,492
Operating Expenses	(11,270)	(20,681)	(20,356)	(33,565)
Lease Expense	(155)	(276)	(339)	(581)
Property Taxes and Insurance	(2,748)	(2,316)	(5,496)	(3,077)
General and Administrative	(1,372)	(2,116)	(2,527)	(3,348)
Depreciation and Amortization	(3,061)	(3,335)	(6,005)	(5,009)
Interest Expense	(5,188)	(4,658)	(10,099)	(6,264)
Acquisition Costs		(1,499)		(1,499)
Gain allocated to Noncontrolling Interests		(72)		(40)
Net Loss	$ 2,522	$ 3,414	$ (2,860)	$ 2,067

Investment In Unconsolidated 42

Investment In Unconsolidated Joint Ventures (Reconciliation Of Share In Unconsolidated Joint Ventures' Equity In Investment In Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Investment In Unconsolidated Joint Ventures [Abstract]
Our share of equity recorded on the joint ventures' financial statements	$ 92,812	$ 119,892
Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures	(89,245)	(108,451)
Investment in Unconsolidated Joint Ventures	$ 3,567	$ 11,441

Other Assets (Narrative) (Detai

Other Assets (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Other Assets [Abstract]
Deferred Tax Assets, Net	$ 13,292	$ 16,197

Other Assets (Other Assets) (De

Other Assets (Other Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Other Assets [Abstract]
Derivative Asset	$ 1,856	$ 1,835
Deferred Financing Costs	1,112	1,383
Prepaid Expenses	10,636	9,217
Investment in Statutory Trusts	1,548	1,548
Investment in Non-Hotel Property and Inventories	2,703	2,641
Deposits with Unaffiliated Third Parties	4,412	3,332
Deferred Tax Asset, Net of Valuation Allowance of $804	13,292	16,197
Other	2,665	3,217
Total Other Assets	38,224	39,370
Valuation allowance	$ 804	$ 804

Debt (Mortgages Narrative) (Det

Debt (Mortgages Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Mortgages and Notes Payable [Abstract]
Net Unamortized Deferred Financing Costs	$ (1,112)		$ (1,112)		$ (1,383)
Liabilities Related To Hotel Assets Held for Sale					51,428
Mortgages [Member]
Mortgages and Notes Payable [Abstract]
Mortgage Indebtedness	312,588		312,588		338,529
Net Unamortized Premium	2,056		2,056		2,313
Net Unamortized Deferred Financing Costs	(2,794)		(2,794)		(3,021)
Mortgages Payable	311,850		311,850		337,821
Liabilities Related To Hotel Assets Held for Sale					$ 51,428
Interest expense	$ 3,060	$ 5,720	$ 6,030	$ 11,990
Debt covenant compliance status			We have determined that all debt covenants contained in the loan agreements securing our consolidated hotel properties were met as of June 30, 2017.
Maturity date range, start			Sep. 1, 2017
Maturity date range, end			Sep. 1, 2025
Minimum [Member] | Mortgages [Member]
Mortgages and Notes Payable [Abstract]
Debt Instrument, Interest Rate, Effective Percentage	3.42%		3.42%
Maximum [Member] | Mortgages [Member]
Mortgages and Notes Payable [Abstract]
Debt Instrument, Interest Rate, Effective Percentage	6.30%		6.30%

Debt (Subordinated Notes Payabl

Debt (Subordinated Notes Payable Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)loan	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)loan	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Subordinated Notes Payable [Abstract]
Net Unamortized Deferred Financing Costs	$ 1,112		$ 1,112		$ 1,383
Junior Subordinated Debt [Member] | Hersha Statutory Trust I and Hersha Statutory Trust II [Member]
Subordinated Notes Payable [Abstract]
Number of debt instruments | loan	2		2
Subordinated notes payable	$ 51,548		$ 51,548
Maturity date			Jul. 30, 2035
Number of business days prior to quarterly interest payments for resetting rates			2 days
Net Unamortized Deferred Financing Costs	$ 944		$ 944		$ 970
Debt instrument, interest rate during period (in hundredths)	4.20%	3.71%	4.08%	3.63%
Interest expense	$ 541	$ 478	$ 1,053	$ 937
Junior Subordinated Debt [Member] | Hersha Statutory Trust I [Member]
Subordinated Notes Payable [Abstract]
Subordinated notes payable	25,774		$ 25,774
Debt instrument, description of variable rate basis			LIBOR
Debt instrument, basis spread on variable rate (in hundredths)			3.00%
Junior Subordinated Debt [Member] | Hersha Statutory Trust II [Member]
Subordinated Notes Payable [Abstract]
Subordinated notes payable	$ 25,774		$ 25,774
Debt instrument, description of variable rate basis			LIBOR
Debt instrument, basis spread on variable rate (in hundredths)			3.00%

Debt (Credit Facilities Narrati

Debt (Credit Facilities Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)agreement	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)agreement	Jun. 30, 2016USD ($)	Aug. 12, 2019	Aug. 11, 2019	Aug. 09, 2018	Mar. 23, 2017USD ($)	Dec. 31, 2016USD ($)
Revolving Line of Credit [Abstract]
Number of unsecured credit agreements | agreement	3		3
Debt instrument, face amount	$ 960,520,000		$ 960,520,000
Deferred costs, net of accumulated amortization	1,112,000		1,112,000						$ 1,383,000
Outstanding borrowings on term loans	707,740,000		707,740,000						663,500,000
Line of credit facility covenant minimum tangible net worth	$ 900,000,000		$ 900,000,000
Line of credit facility covenant percentage of net cash proceeds of issuance and sales of equity interests (in hundredths)			75.00%
Line of credit facility covenant maximum annual distributions (in hundredths)	95.00%		95.00%
Line of credit facility covenant maximum leverage ratio (in hundredths)	60.00%		60.00%
Interest Rate Swap [Member]
Revolving Line of Credit [Abstract]
Notional amount	$ 150,000,000		$ 150,000,000
Interest Rate Swap: $300,000 Second Term Loan [Member]
Revolving Line of Credit [Abstract]
Debt instrument, face amount								$ 300,000,000
Maturity Date			Aug. 10, 2020
Interest Rate Swap: $200,000 Third Term Loan [Member]
Revolving Line of Credit [Abstract]
Notional amount	$ 50,000,000		$ 50,000,000
Fixed interest payment, percentage	3.894%		3.894%
Maturity Date			Oct. 3, 2019
Scenario, Forecast [Member] | Interest Rate Swap: $300,000 Second Term Loan [Member]
Revolving Line of Credit [Abstract]
Fixed interest payment, percentage					4.3925%	4.1155%	3.693%
Scenario, Forecast [Member] | Interest Rate Swap: $300,000 Second Term Loan, Aug 10, 2017 to Aug 9, 2018 [Member]
Revolving Line of Credit [Abstract]
Fixed interest payment, percentage							3.693%
Scenario, Forecast [Member] | Interest Rate Swap: $300,000 Second Term Loan, Aug 10, 2018 to Aug 11, 2019 [Member]
Revolving Line of Credit [Abstract]
Fixed interest payment, percentage						4.1155%
Scenario, Forecast [Member] | Interest Rate Swap: $300,000 Second Term Loan, Aug 12, 2019 to Aug 10, 2020 [Member]
Revolving Line of Credit [Abstract]
Fixed interest payment, percentage					4.3925%
Minimum [Member]
Revolving Line of Credit [Abstract]
Line of credit facility covenant fixed charge coverage ratio	1.50		1.50
Maximum [Member]
Revolving Line of Credit [Abstract]
Line of credit facility covenant maximum secured debt leverage ratio (in hundredths)	45.00%		45.00%
$300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Revolving Line of Credit [Abstract]
Debt instrument, face amount	$ 300,000,000		$ 300,000,000
Maturity date			Aug. 10, 2020
$300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member] | Minimum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			1.50%
$300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member] | Maximum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			2.25%
$200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Revolving Line of Credit [Abstract]
Debt instrument, face amount	200,000,000		$ 200,000,000
Maturity date			Aug. 2, 2021
$200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member] | Minimum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			1.45%
$200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member] | Maximum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			2.20%
$500 Million Senior Unsecured Credit Agreement ("Credit Facility") [Member]
Revolving Line of Credit [Abstract]
Revolving line of credit, current borrowing capacity	460,520,000		$ 460,520,000
Revolving line of credit, maximum borrowing capacity	850,000,000		$ 850,000,000
Line of credit, expiration date			Feb. 28, 2018
Renewal period of line of credit			1 year
$250 Million Senior Unsecured Revolving Line Of Credit ("Line of Credit") [Member] | Minimum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			1.70%
$250 Million Senior Unsecured Revolving Line Of Credit ("Line of Credit") [Member] | Maximum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			2.45%
$250 Million Unsecured Term Loan ("First Term Loan") [Member]
Revolving Line of Credit [Abstract]
Revolving line of credit, current borrowing capacity	$ 210,520,000		$ 210,520,000
$250 Million Unsecured Term Loan ("First Term Loan") [Member] | Minimum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			1.60%
Fixed interest payment, percentage	3.211%		3.211%
$250 Million Unsecured Term Loan ("First Term Loan") [Member] | Maximum [Member]
Revolving Line of Credit [Abstract]
Basis spread on variable rate (in hundredths)			2.35%
Revolving Line Of Credit [Member]
Revolving Line of Credit [Abstract]
Revolving line of credit, current borrowing capacity	$ 250,000,000		$ 250,000,000
Description of variable rate basis			one month U.S. LIBOR
Line of credit, financial covenant terms			The Credit Facility and the Term Loans include certain financial covenants and require that we maintain: (1) a minimum tangible net worth (calculated as total assets, plus accumulated depreciation, less total liabilities, intangibles and other defined adjustments) of $900,000, plus an amount equal to 75% of the net cash proceeds of all issuances and primary sales of equity interests of the parent guarantor or any of its subsidiaries consummated following the closing date; (2) annual distributions not to exceed 95% of adjusted funds from operations; and (3) certain financial ratios, including the following:· a fixed charge coverage ratio of not less than 1.50 to 1.00;· a maximum leverage ratio of not more than 60%; and· a maximum secured debt leverage ratio of 45%.The Company is in compliance with each of the covenants listed above as of June 30, 2017.
Interest Expense, on credit facilities	$ 5,914,000	$ 4,083,000	$ 11,222,000	$ 8,563,000
Line of credit, weighted average interest rate (in hundredths)	3.35%	2.78%	3.22%	2.79%
"Term Loans" [Member]
Revolving Line of Credit [Abstract]
Deferred costs, net of accumulated amortization	$ 2,780,000		$ 2,780,000						$ 3,120,000

Debt (Summary Of The Balances O

Debt (Summary Of The Balances Outstanding And Interest Rate Spread) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
$250 Million Unsecured Term Loan ("First Term Loan") [Member]
Outstanding Balance, term loans	$ 210,520	$ 210,520
$300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Outstanding Balance, term loans	300,000	300,000
$200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Outstanding Balance, term loans	$ 200,000	$ 156,100
Minimum [Member] | $250 Million Senior Unsecured Revolving Line Of Credit ("Line of Credit") [Member]
Basis spread on variable rate (in hundredths)	1.70%
Minimum [Member] | $250 Million Unsecured Term Loan ("First Term Loan") [Member]
Basis spread on variable rate (in hundredths)	1.60%
Minimum [Member] | $300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Basis spread on variable rate (in hundredths)	1.50%
Minimum [Member] | $200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Basis spread on variable rate (in hundredths)	1.45%
Maximum [Member] | $250 Million Senior Unsecured Revolving Line Of Credit ("Line of Credit") [Member]
Basis spread on variable rate (in hundredths)	2.45%
Maximum [Member] | $250 Million Unsecured Term Loan ("First Term Loan") [Member]
Basis spread on variable rate (in hundredths)	2.35%
Maximum [Member] | $300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Basis spread on variable rate (in hundredths)	2.25%
Maximum [Member] | $200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Basis spread on variable rate (in hundredths)	2.20%

Debt (Capitalized Interest, Def

Debt (Capitalized Interest, Deferred Financing Costs and Debt Payoff Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Debt [Abstract]
Capitalized interest	$ 0	$ 0	$ 0	$ 0
Deferred costs, net of accumulated amortization	1,112		1,112		$ 1,383
Amortization of deferred costs	$ 614	640	1,262	1,300
Unamortized deferred costs and defeasance premiums expensed		$ 1,049	$ 274	$ 1,091

Debt (New Debt_Refinance Narrat

Debt (New Debt/Refinance Narrative) (Details) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)propertyloan	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
New Debt/Refinance [Abstract]
Assumption of Debt		$ 44,483
Repayment of Unsecured Term Loan Borrowing			$ 39,480
Unamortized deferred costs and defeasance premiums expensed	$ 1,049	274	$ 1,091
Hilton Garden Inn 52nd Street, New York, NY [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment		45,000
Unamortized deferred costs and defeasance premiums expensed		94
The Ritz-Carlton, Coconut Grove, FL [Member]
New Debt/Refinance [Abstract]
Assumption of Debt		3,150
Duane Street Hotel, New York, NY [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment		9,500
Unamortized deferred costs and defeasance premiums expensed		12
Hyatt House Scottsdale, AZ, the Hyatt House Pleasant Hill, CA, and the Hyatt House Pleasanton [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment		51,428
Unamortized deferred costs and defeasance premiums expensed		47
Hilton Garden Inn, JFK Airport, New York, NY [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment		21,000
Unamortized deferred costs and defeasance premiums expensed		37
Mystic Marriott Hotel & Spa, Groton, CT [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment		43,000
Unamortized deferred costs and defeasance premiums expensed		$ 84
Hawthorne Suites, Franklin, MA [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment				$ 8,500
Unamortized deferred costs and defeasance premiums expensed				$ 42
Hampton Inn Herald Square, NY And Hampton Inn Chelsea, NY [Member]
New Debt/Refinance [Abstract]
Number Of Mortgages | loan		2
Number of Real Estate Properties | property		2
Repayment of Unsecured Term Loan Borrowing		$ 39,480
Unamortized deferred costs and defeasance premiums expensed		1,049
Hampton Inn Herald Square, NY [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment		$ 26,500
Debt Instrument, Maturity Date		May 1, 2016
Hampton Inn, Chelsea, NY [Member]
New Debt/Refinance [Abstract]
Mortgage loan extinguishment		$ 36,000
Debt Instrument, Maturity Date		Oct. 1, 2016

Commitments And Contingencies51

Commitments And Contingencies And Related Party Transactions (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Management Agreements [Abstract]
Term of management agreements with HHMLP			5 years
Base management fee as percentage of gross revenues (in hundredths)			3.00%
Base management fees incurred	$ 3,689,000	$ 3,584,000	$ 6,558,000	$ 6,609,000
Incentive management fees incurred	0	0	$ 0	0
Franchise Agreements [Abstract]
Terms of franchise agreements, minimum			10 years
Terms of franchise agreements, maximum			20 years
Franchise fee expense	6,443,000	6,753,000	$ 11,552,000	12,647,000
Accounting and Information Technology Fees [Abstract]
Monthly fees for accounting services per property for hotels managed by HHMLP, minimum			2,000
Monthly fees for accounting services per property for hotels managed by HHMLP, maximum			3,000
Monthly information technology fees per property for hotels managed by HHMLP, minimum			1,000
Monthly information technology fees per property for hotels managed by HHMLP, maximum			2,000
Accounting fees	335,000	392,000	671,000	748,000
Information technology fees	110,000	141,000	$ 223,000	231,000
Capital Expenditure Fees [Abstract]
Fee on all capital expenditures and pending renovation projects at the properties (in hundredths)			5.00%
Fees incurred on capital expenditures	321,000	282,000	$ 641,000	729,000
Acquisitions From Affiliates [Abstract]
Period of right of first refusal per option agreement with officers and affiliated trustees after termination			1 year
Hotel Supplies [Abstract]
Hotel supplies	23,000	39,000	$ 81,000	60,000
Charges for capital expenditure purchases	501,000	432,000	862,000	1,314,000
Capital expenditures included in accounts payable			2,000		$ 1,000
Due From Related Parties [Abstract]
Due from related parties	6,330,000		6,330,000		$ 18,332,000
Due to Related Parties [Abstract]
Due to related parties	0		0
Hotel Ground Rent [Abstract]
Rent expense related to ground leases	$ 894,000	$ 892,000	$ 1,701,000	$ 1,785,000

Fair Value Measurements And D52

Fair Value Measurements And Derivative Instruments (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Debt instrument, face amount	$ 960,520,000		$ 960,520,000
Unrealized gain (loss) recognized in accumulated other comprehensive income	(1,309,000)	$ 16,000	(1,239,000)	$ (221,000)
Unrealized gain (loss) reclassified from accumulated other comprehensive income to interest expense	130,000	$ 140,000	280,000	$ 319,000
Gain (loss) to be reclassified to interest expense during next 12 months	40,000		40,000
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Derivatives, Fair Value [Line Items]
Carrying value and estimated fair value of debt	1,070,194,000		1,070,194,000		$ 1,103,327,000
Estimate of Fair Value, Fair Value Disclosure [Member]
Derivatives, Fair Value [Line Items]
Carrying value and estimated fair value of debt	$ 1,060,331,000		$ 1,060,331,000		$ 1,098,248,000
Interest Rate Swap: $200,000 Third Term Loan [Member]
Derivatives, Fair Value [Line Items]
Fixed interest payment, percentage	3.894%		3.894%
Notional amount	$ 50,000,000		$ 50,000,000
Maturity Date			Oct. 3, 2019

Fair Value Measurements And D53

Fair Value Measurements And Derivative Instruments (Fair Value Of Interest Rate Swaps And Caps) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Feb. 24, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Estimated Fair Value	$ 554,000		$ 1,808,000
Interest Rate Cap [Member] | Courtyard, LA Westside, Culver City, CA [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	3.00%
Index: Variable interest rate basis	3.00%
Effective Date	Oct. 27, 2015
Maturity Date	Sep. 29, 2017
Notional amount	$ 35,000,000
Estimated Fair Value	$ 3,000		8,000
Interest Rate Cap [Member] | Hyatt Union Square, New York, NY [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	3.00%
Index: Variable interest rate basis	2.30%
Effective Date	Jun. 10, 2015
Maturity Date	Jun. 10, 2019
Notional amount	$ 55,750,000
Estimated Fair Value	10,000		54,000
Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 150,000,000
Interest Rate Swap [Member] | Third Term Loan [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	1.011%
Index: Variable interest rate basis	2.20%
Effective Date	Nov. 3, 2016
Maturity Date	Oct. 3, 2019
Notional amount	$ 150,000,000
Estimated Fair Value	$ 1,836,000		1,773,000
Interest Rate Swap [Member] | Hilton Garden Inn 52nd Street, New York, NY [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	1.60%	1.60%
Index: Variable interest rate basis	2.90%
Effective Date	Feb. 24, 2017
Maturity Date	Feb. 24, 2020
Notional amount	$ 44,325,000
Estimated Fair Value	$ 8,000
Interest Rate Swap [Member] | Duane Street Hotel, New York, NY [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	0.933%
Index: Variable interest rate basis	4.50%
Effective Date	Feb. 1, 2014
Maturity Date	Feb. 1, 2017
Estimated Fair Value			(1,000)
Interest Rate Swap II [Member] | Third Term Loan [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	1.694%
Index: Variable interest rate basis	2.20%
Effective Date	Apr. 3, 2017
Maturity Date	Oct. 3, 2019
Notional amount	$ 50,000,000
Estimated Fair Value	$ (153,000)
Interest Rate Swap II [Member] | Second Term Loan [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	1.443%
Index: Variable interest rate basis	2.25%
Effective Date	Aug. 10, 2017
Maturity Date	Aug. 10, 2020
Notional amount	$ 300,000,000
Estimated Fair Value	$ (1,150,000)
Interest Rate Swap II [Member] | Hilton Garden Inn 52nd Street, New York, NY [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	1.152%
Index: Variable interest rate basis	2.90%
Effective Date	Jun. 1, 2015
Maturity Date	Feb. 21, 2017
Notional amount	$ 44,325,000
Estimated Fair Value			$ (26,000)
Interest Rate Swap: $300,000 Second Term Loan [Member]
Derivatives, Fair Value [Line Items]
Maturity Date	Aug. 10, 2020
Interest Rate Swap: $200,000 Third Term Loan [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	3.894%
Maturity Date	Oct. 3, 2019
Notional amount	$ 50,000,000

Share Based Payments (Narrative

Share Based Payments (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
LTIP Unit Issuance (in shares)			0
Stock based compensation expense	$ 2,527	$ 1,873	$ 3,956	$ 4,279
Unearned Compensation	$ 1,528		$ 1,528		$ 1,550
Shares Issued (in shares)			693,854
Shares Vested (in shares)	477,898		477,898		360,918
Annual Long Term Equity Incentive Programs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 1,537	952	$ 2,105	2,362
Unearned Compensation	1,528		$ 1,528		$ 1,550
2016 Multi-Year Long Term Equity Incentive Program (“2016 Multi-Year EIP”) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Terms of Share-based payment awards			On March 10, 2017, the Compensation Committee approved the 2017 Multi-Year Long Term Equity Incentive Program ("2017 Multi-Year EIP"). This program has a three-year performance period which commenced on January 1, 2017 and ends December 31, 2019. As of June 30, 2017, no shares or LTIP Units have been issued to the executive officers in settlement of 2017 Multi-Year EIP awards.
Multi-Year LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	309	343	$ 980	1,184
Unearned Compensation	$ 2,306		$ 2,306		1,568
Shareholders return as percentage of award for achievement level one (in hundredths)	37.50%		37.50%
Shareholders return as percentage of award for achievement level two (in hundredths)	37.50%		37.50%
Shareholders return as percentage of award for achievement level three (in hundredths)	25.00%		25.00%
Shares Issued (in shares)			61,057
Shares Vested (in shares)	30,524		30,524
Multi-year LTIP Trustee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 20	15	$ 39	30
Unearned Compensation	$ 128		$ 128		$ 167
Shares Vested (in shares)	2,505		2,505		2,505
Restricted Common Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 154	135	$ 286	256
Restricted Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unearned Compensation	$ 416		$ 416		$ 505
Shares Issued (in shares)			64,160
Shares Vested (in shares)	39,860		39,860		14,230
Annual Retainer [Member] | Multi-year LTIP Trustee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 23	37	$ 47	37
Percentage premium on retainer equity option (in hundredths)	25.00%		25.00%
Company's Trustees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 322	319	$ 322	319
Shares Issued (in shares)			17,074
Share Price on date of grant (in dollars per share)			$ 18.86
Non-employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	162	$ 72	$ 177	$ 91
Unearned Compensation	$ 137		$ 137		$ 79
Shares Issued (in shares)			22,350
Shares Vested (in shares)	14,975		14,975		3,750

Share Based Payments (Summary O

Share Based Payments (Summary Of Unvested Share Awards Issued To Executives And Employees) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Unvested Share Awards [Abstract]
Shares Issued (in shares)	693,854
Shares Vested (in shares)	477,898	360,918
Unearned Compensation	$ 1,528	$ 1,550
Issued 12-23-2014 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	258,899
Vesting Period	5 years
Shares Vested (in shares)	258,899	172,599
Unearned Compensation		$ 457
Original Year Of Issuance Date 2017 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	10,809
Vesting Period	2 years
Vesting Schedule (in hundredths)	50.00%
Shares Vested (in shares)	885
Unearned Compensation	$ 156
Restricted Share Awards [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	64,160
Shares Vested (in shares)	39,860	14,230
Unearned Compensation	$ 416	$ 505
Restricted Share Awards [Member] | Issued 12-23-2014 [Member]
Unvested Share Awards [Abstract]
Vesting Schedule (in hundredths)	33.00%
Restricted Share Awards [Member] | Original Year Of Issuance Date 2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	30,070
Vesting Period	2 years
Vesting Schedule (in hundredths)	50.00%
Shares Vested (in shares)	18,160	497
Unearned Compensation	$ 194	$ 348
Restricted Share Awards [Member] | Original Year Of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	23,281
Shares Vested (in shares)	20,815	13,733
Unearned Compensation	$ 66	$ 157
Minimum [Member] | Restricted Share Awards [Member] | Original Year Of Issuance Date 2017 [Member]
Unvested Share Awards [Abstract]
Share Price on date of grant (in dollars per share)	$ 18.51
Minimum [Member] | Restricted Share Awards [Member] | Original Year Of Issuance Date 2016 [Member]
Unvested Share Awards [Abstract]
Share Price on date of grant (in dollars per share)	18.02
Minimum [Member] | Restricted Share Awards [Member] | Original Year Of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Share Price on date of grant (in dollars per share)	$ 21.76
Vesting Period	2 years
Vesting Schedule (in hundredths)	25.00%
Maximum [Member] | Restricted Share Awards [Member] | Original Year Of Issuance Date 2017 [Member]
Unvested Share Awards [Abstract]
Share Price on date of grant (in dollars per share)	$ 18.53
Maximum [Member] | Restricted Share Awards [Member] | Original Year Of Issuance Date 2016 [Member]
Unvested Share Awards [Abstract]
Share Price on date of grant (in dollars per share)	21.11
Maximum [Member] | Restricted Share Awards [Member] | Original Year Of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Share Price on date of grant (in dollars per share)	$ 28.09
Vesting Period	4 years
Vesting Schedule (in hundredths)	50.00%
2016 Annual Long Term Equity Incentive Program (“2016 Annual EIP”) [Member] | Issued 03-28-2017 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	122,727
Vesting Period	3 years
Vesting Schedule (in hundredths)	25.00%
Shares Vested (in shares)	30,680
Unearned Compensation	$ 852
2015 Annual Long Term Equity Incentive Program (“2015 Annual EIP”) [Member] | Issued 03-30-2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	183,396
Vesting Period	3 years
Vesting Schedule (in hundredths)	25.00%
Shares Vested (in shares)	91,696	91,696
Unearned Compensation	$ 563	$ 868
2014 Annual Long Term Equity Incentive Program (“2014 Annual EIP”) [Member] | Issued 03-30-2015 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	128,832
Vesting Period	3 years
Vesting Schedule (in hundredths)	25.00%
Shares Vested (in shares)	96,623	96,623
Unearned Compensation	$ 113	$ 225
2017 Multi-Year Long Term Equity Incentive Program (“2017 Multi-Year EIP”) [Member] | Compensation Committee Approval Date March 10, 2017 [Member]
Unvested Share Awards [Abstract]
Performance Period	1/1/2017 to 12/31/2019
Unearned Compensation	$ 1,047
2016 Multi-Year Long Term Equity Incentive Program (“2016 Multi-Year EIP”) [Member] | Compensation Committee Approval Date March 17, 2016 [Member]
Unvested Share Awards [Abstract]
Performance Period	1/1/2016 to 12/31/2018
Unearned Compensation	$ 740	888
2015 Multi-Year Long Term Equity Incentive Program (“2015 Multi-Year EIP”) [Member] | Compensation Committee Approval Date March 18, 2015 [Member]
Unvested Share Awards [Abstract]
Performance Period	1/1/2015 to 12/31/2017
Unearned Compensation	$ 298	397
2014 Multi-Year Long Term Equity Incentive Program (“2014 Multi-Year EIP”) [Member] | Compensation Committee Approval Date April 11, 2014 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	61,057
LTIP Issuance Date	Mar. 28, 2017
Performance Period	1/1/2014 to 12/31/2016
Shares Vested (in shares)	30,524
Unearned Compensation	$ 221	283
Multi-Year LTIP [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	61,057
Shares Vested (in shares)	30,524
Unearned Compensation	$ 2,306	$ 1,568
Multi-year LTIP Trustee [Member]
Unvested Share Awards [Abstract]
Shares Vested (in shares)	2,505	2,505
Unearned Compensation	$ 128	$ 167
Multi-year LTIP Trustee [Member] | Issued 12-30-2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	5,000
Vesting Period	3 years
Vesting Schedule (in hundredths)	33.00%
Unearned Compensation	$ 90	$ 108
Multi-year LTIP Trustee [Member] | Issued 03-30-2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	2,500
Vesting Period	3 years
Vesting Schedule (in hundredths)	33.00%
Shares Vested (in shares)	835	835
Unearned Compensation	$ 26	$ 35

Share Based Payments (Summary56

Share Based Payments (Summary Of Unvested Share Awards Issued To Trustees) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Unvested Share Awards [Abstract]
Shares Issued (in shares)	693,854
Shares Vested (in shares)	477,898	360,918
Unearned Compensation	$ 1,528	$ 1,550
Annual Retainer [Member] | Issued 12-30-2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	4,395
Share Price on date of grant (in dollars per share)	$ 21.50
Vesting Period	12 months
Vesting Schedule (in hundredths)	100.00%
Unearned Compensation	$ 47	$ 94
Multi-year LTIP Trustee [Member]
Unvested Share Awards [Abstract]
Shares Vested (in shares)	2,505	2,505
Unearned Compensation	$ 128	$ 167
Multi-year LTIP Trustee [Member] | Issued 12-30-2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	5,000
Vesting Period	3 years
Vesting Schedule (in hundredths)	33.00%
Unearned Compensation	$ 90	$ 108
Multi-year LTIP Trustee [Member] | Issued 03-30-2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	2,500
Vesting Period	3 years
Vesting Schedule (in hundredths)	33.00%
Shares Vested (in shares)	835	835
Unearned Compensation	$ 26	$ 35
Multi-year LTIP Trustee [Member] | Issued 12-30-2014 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	2,500
Vesting Period	3 years
Vesting Schedule (in hundredths)	33.00%
Shares Vested (in shares)	1,670	1,670
Unearned Compensation	$ 12	$ 24

Share Based Payments (Summary57

Share Based Payments (Summary Of Unvested Share Awards Issued To Nonemployees) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Unvested Share Awards [Abstract]
Shares Issued (in shares)	693,854
Shares Vested (in shares)	477,898	360,918
Unearned Compensation	$ 1,528	$ 1,550
Non-employees [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	22,350
Shares Vested (in shares)	14,975	3,750
Unearned Compensation	$ 137	$ 79
Non-employees [Member] | Issued 03-28-2017 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	15,000
Share Price on date of grant (in dollars per share)	$ 18.53
Vesting Period	2 years
Vesting Schedule (in hundredths)	50.00%
Shares Vested (in shares)	7,625
Unearned Compensation	$ 137
Non-employees [Member] | Issued 03-30-2016 [Member]
Unvested Share Awards [Abstract]
Shares Issued (in shares)	7,350
Share Price on date of grant (in dollars per share)	$ 21.11
Vesting Period	2 years
Vesting Schedule (in hundredths)	50.00%
Shares Vested (in shares)	7,350	3,750
Unearned Compensation		$ 79

Earnings Per Share (Reconciliat

Earnings Per Share (Reconciliation Of Earnings Per Share) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
BASIC AND DILUTED [Abstract]
Net Income		$ 84,788	$ 114,959	$ 110,743	$ 106,540
Income allocated to Noncontrolling Interests		(4,758)	(4,748)	(5,939)	(4,061)
Distributions to Preferred Shareholders		(6,042)	(4,000)	(12,084)	(7,589)
Dividends Paid on Unvested Restricted Shares and LTIP Units		(81)	(112)	(196)	(257)
Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares			(4,021)		(4,021)
Net Income (Loss) attributable to Common Shareholders		$ 73,907	$ 102,078	$ 92,524	$ 90,612
Denominator [Abstract]
Weighted average number of common shares - basic (in shares)		41,737,044	43,427,726	41,727,056	43,903,526
Effect of dilutive securities [Abstract]
Restricted Stock Awards and LTIP Units (unvested) (in shares)		238,465	264,176	195,112	183,458
Contingently Issued Shares and Units (in shares)		232,332	171,675	278,958	297,985
Weighted average number of common shares - diluted (in shares)	[1]	42,207,841	43,863,577	42,201,126	44,384,969
[1]	Income allocated to noncontrolling interest in Hersha Hospitality Limited Partnership (the "Operating Partnership" or "HHLP") has been excluded from the numerator and the Class A common shares issuable upon any redemption of the Operating Partnership's common units of limited partnership interest ("Common Units") and the Operating Partnership's vested LTIP units ("Vested LTIP Units") have been omitted from the denominator for the purpose of computing diluted earnings per share because the effect of including these shares and units in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income applicable to common shareholders.

Cash Flow Disclosures And Non59

Cash Flow Disclosures And Non Cash Investing And Financing Activities (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flow Disclosures And Non Cash Investing And Financing Activities [Abstract]
Interest paid	$ 19,209	$ 22,878
Cash paid for income taxes	$ 653	$ 669

Cash Flow Disclosures And Non60

Cash Flow Disclosures And Non Cash Investing And Financing Activities (Non-cash Investing And Financing Activities) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Non-cash Investing and Financing Activities [Abstract]
Common Shares issued as part of the Dividend Reinvestment Plan	$ 45	$ 31
Assets acquired through joint venture assignment and assumption	50,000
Debt assumed, including premium	44,483	14,750
Deposit paid in prior period towards acquisition which closed in current period		5,000
Cash paid for income taxes	653	669
Accrued payables for fixed assets placed into service	$ 1,477	467
Contribution of fixed assets to joint venture		$ 264,658