Hersha Hospitality Trust (HT) 10-Q 31 Jul 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 31, 2019
Document Type	10-Q
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2019
Document Transition Report	false
Entity File Number	001-14765
Entity Registrant Name	HERSHA HOSPITALITY TRUST
Entity Central Index Key	0001063344
Current Fiscal Year End Date	--12-31
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	25-1811499
Entity Address, Address Line One	44 Hersha Drive
Entity Address, City or Town	Harrisburg
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17102
City Area Code	717
Local Phone Number	236-4400
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Class A Common Shares [Member]
Title of 12(b) Security	Class A Common Shares of Beneficial Interest, par value $.01 per share
Trading Symbol	HT
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding (in shares)		39,270,473
Series C Preferred Shares [Member]
Title of 12(b) Security	6.875% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest, par $.01 per share
Trading Symbol	HT-PC
Security Exchange Name	NYSE
Series D Preferred Shares [Member]
Title of 12(b) Security	6.50% Series D Cumulative Redeemable Preferred Shares of Beneficial Interest, par $.01 per share
Trading Symbol	HT-PD
Security Exchange Name	NYSE
Series E Preferred Shares [Member]
Title of 12(b) Security	6.50% Series E Cumulative Redeemable Preferred Shares of Beneficial Interest, par $.01 per share
Trading Symbol	HT-PE
Security Exchange Name	NYSE
Class B Common Shares [Member]
Entity Common Stock, Shares Outstanding (in shares)		0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets:
Investment in Hotel Properties, Net of Accumulated Depreciation	$ 1,999,650	$ 2,026,659
Investment in Unconsolidated Joint Ventures	6,984	4,004
Cash and Cash Equivalents	36,780	32,598
Escrow Deposits	10,767	8,185
Hotel Accounts Receivable, Net of Allowance for Doubtful Accounts of $0 and $188	10,566	10,241
Due from Related Parties	5,747	3,294
Intangible Assets, Net of Accumulated Amortization of $6,324 and $7,308	2,333	13,644
Right of Use Asset	45,990
Other Assets	37,657	40,005
Total Assets	2,156,474	2,138,630
Liabilities and Equity:
Line of Credit	37,000	10,000
Unsecured Term Loans, Net of Unamortized Deferred Financing Costs (Note 5)	698,559	698,202
Unsecured Notes Payable, Net of Unamortized Deferred Financing Costs (Note 5)	50,710	50,684
Mortgages Payable, Net of Unamortized Premium and Unamortized Deferred Financing Costs	333,133	334,145
Lease Liability	54,861
Accounts Payable, Accrued Expenses and Other Liabilities	50,070	70,947
Dividends and Distributions Payable	17,222	17,129
Total Liabilities	1,241,555	1,181,107
Redeemable Noncontrolling Interests - Consolidated Joint Venture (Note 1)	2,856	2,708
Shareholders' Equity:
Preferred Shares: $.01 Par Value, 29,000,000 Shares Authorized, 3,000,000 Series C, 7,701,700 Series D and 4,001,514 Series E Shares Issued and Outstanding at June 30, 2019 and December 31, 2018, with Liquidation Preferences of $25 Per Share (Note 1)	147	147
Accumulated Other Comprehensive Income	(3,285)	4,227
Additional Paid-in Capital	1,152,939	1,155,776
Distributions in Excess of Net Income	(302,705)	(267,740)
Total Shareholders' Equity	847,489	892,805
Noncontrolling Interests (Note 1)	64,574	62,010
Total Equity	912,063	954,815
Total Liabilities and Equity	2,156,474	2,138,630
Class A Common Shares [Member]
Shareholders' Equity:
Common Shares	393	395
Class B Common Shares [Member]
Shareholders' Equity:
Common Shares	$ 0	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets:
Hotel accounts receivable, allowance for doubtful accounts	$ 0	$ 188
Intangible assets, accumulated amortization	$ 6,324	$ 7,308
Shareholders' Equity:
Preferred Shares - Outstanding (in shares)	14,703,214	14,703,214
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)	7,701,700	7,701,700
Preferred Shares - Outstanding (in shares)	7,701,700	7,701,700
Series E Preferred Shares [Member]
Shareholders' Equity:
Preferred Shares - Issued (in shares)	4,001,514	4,001,514
Preferred Shares - Outstanding (in shares)	4,001,514	4,001,514
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	104,000,000
Common Shares - Issued (in shares)	39,240,924	39,458,626
Common Shares - Outstanding (in shares)	39,240,924	39,458,626
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, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue:
Other Revenues		$ (12)	$ 78	$ 138	$ 202
Total Revenues		147,501	133,840	262,294	233,479
Operating Expenses:
Gain on Insurance Settlement		0	(6,363)	0	(6,363)
Hotel Ground Rent		1,114	1,349	2,224	2,277
Real Estate and Personal Property Taxes and Property Insurance		8,997	8,129	18,394	16,421
General and Administrative (including Share Based Payments of $3,474 and $3,123, and $5,432 and $4,729 for the three and six months ended June 30, 2019 and 2018, respectively)		8,100	7,585	13,700	12,674
Acquisition and Terminated Transaction Costs		0	2	0	2
Depreciation and Amortization		23,964	22,061	48,092	43,600
Total Operating Expenses		124,785	109,422	240,131	212,052
Operating Income		22,716	24,418	22,163	21,427
Interest Income		58	20	141	45
Interest Expense		(13,325)	(11,879)	(26,223)	(23,251)
Other Expense		(124)	(75)	(83)	(734)
Gain (Loss) on Disposition of Hotel Properties		0	(14)	0	3,403
Loss on Debt Extinguishment		(34)	0	(34)	(22)
Income (Loss) Before Results from Unconsolidated Joint Venture Investments and Income Taxes		9,291	12,470	(4,036)	868
Income from Unconsolidated Joint Ventures		299	537	480	336
Income (Loss) Before Income Taxes		9,590	13,007	(3,556)	1,204
Income Tax Benefit (Expense)		(4,031)	(1,170)	1,233	1,485
Net Income (Loss)		5,559	11,837	(2,323)	2,689
Preferred Distributions		(6,043)	(6,043)	(12,087)	(12,087)
Net (Loss) Income Applicable to Common Shareholders		$ (443)	$ 6,494	$ (13,146)	$ (7,594)
BASIC
Loss (Income) from Continuing Operations Applicable to Common Shareholders (in dollars per share)		$ (0.02)	$ 0.16	$ (0.35)	$ (0.20)
DILUTED
Loss (Income) from Continuing Operations Applicable to Common Shareholders (in dollars per share)		$ (0.02)	$ 0.16	$ (0.35)	$ (0.20)
Weighted Average Common Shares Outstanding:
Basic (in shares)		39,127,385	39,246,946	39,121,421	39,440,481
Diluted (in shares)	[1]	39,127,385	39,926,099	39,121,421	39,440,481
Noncontrolling Interests Common Units And LTIP Units [Member]
Operating Expenses:
Net Income (Loss)		$ (49)	$ 500	$ (1,112)	$ (604)
(Income) Loss Allocated to Noncontrolling Interests		49	(500)	1,112	604
Consolidated Joint Ventures [Member]
Operating Expenses:
Net Income (Loss)			(1,200)	(300)	(1,200)
(Income) Loss Allocated to Noncontrolling Interests		(8)	1,200	152	1,200
Room [Member]
Revenue:
Hotel Operating Revenues		118,980	109,492	210,465	188,540
Operating Expenses:
Hotel Operating Expenses		24,013	22,945	46,103	42,301
Food and Beverage [Member]
Revenue:
Hotel Operating Revenues		18,253	17,001	32,481	30,539
Operating Expenses:
Hotel Operating Expenses		13,990	13,331	26,822	25,182
Other Operating [Member]
Revenue:
Hotel Operating Revenues		10,280	7,269	19,210	14,198
Operating Expenses:
Hotel Operating Expenses		$ 44,607	$ 40,383	$ 84,796	$ 75,958
[1]	Income (Loss) 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 (loss) applicable to common shareholders.

Consolidated Statements Of Op_2

Consolidated Statements Of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Antidilutive securities excluded from computation of earnings per share (in shares)	4,316,531	3,173,266	4,274,583	3,790,858
Share based payments	$ 3,474	$ 3,123	$ 5,432	$ 4,729
Limited Partnership Common Units And Vested Ltip Units [Member]
Antidilutive securities excluded from computation of earnings per share (in shares)	3,379,354	3,173,266	3,344,178	3,139,019
Stock Compensation Plan [Member]
Antidilutive securities excluded from computation of earnings per share (in shares)	616,937	0	423,399	144,005
Contingently Issuable Shares [Member]
Antidilutive securities excluded from computation of earnings per share (in shares)	320,240	0	507,006	507,834

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Net Income (Loss)	$ 5,559	$ 11,837	$ (2,323)	$ 2,689
Other Comprehensive (Loss) Income
Change in Fair Value of Derivative Instruments	(4,122)	1,452	(5,902)	5,359
Less: Reclassification Adjustment for Change in Fair Value of Derivative Instruments Included in Net Income	(1,112)	(745)	(2,253)	(1,019)
Total Other Comprehensive (Loss) Income	(5,234)	707	(8,155)	4,340
Comprehensive Income (Loss)	325	12,544	(10,478)	7,029
Less: Preferred Distributions	(6,043)	(6,043)	(12,087)	(12,087)
Comprehensive (Loss) Income Attributable to Common Shareholders	(5,261)	7,148	(20,658)	(3,574)
Noncontrolling Interests Common Units And LTIP Units [Member]
Net Income (Loss)	(49)	500	(1,112)	(604)
Other Comprehensive (Loss) Income
Less: Comprehensive (Income) Loss Attributable to Noncontrolling Interests	465	(553)	1,755	284
Consolidated Joint Ventures [Member]
Net Income (Loss)		(1,200)	(300)	(1,200)
Other Comprehensive (Loss) Income
Less: Comprehensive (Income) Loss Attributable to Noncontrolling Interests	$ (8)	$ 1,200	$ 152	$ 1,200

Consolidated Statements Of Equi

Consolidated Statements Of Equity - USD ($) $ in Thousands	Total	Common Shares [Member]	Common Shares [Member]Class A Common Shares [Member]	Common Shares [Member]Class B Common Shares [Member]	Preferred Shares [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Distributions in Excess of Net Income [Member]	Total Shareholders' Equity [Member]	Noncontrolling Interests Common Units And LTIP Units [Member]	Total Equity [Member]	Consolidated Joint Ventures [Member]
Balance (in shares) at Dec. 31, 2017		39,916,661			14,701,700					3,223,366
Balance at Dec. 31, 2017			$ 399	$ 0	$ 147	$ 1,164,946	$ 3,749	$ (335,373)	$ 833,868	$ 54,286	$ 888,154	$ 0
Dividends and Distributions declared:
Common Shares								(22,037)	(22,037)		(22,037)
Preferred Shares								(12,087)	(12,087)		(12,087)
Common Units										(1,174)	(1,174)
LTIP Units										$ (1,037)	(1,037)
Dividend Reinvestment Plan (in shares)		2,162
Dividend Reinvestment Plan	$ 37		0	0		37			37		37
Share Based Compensation:
Grants (in shares)		50,046								589,106
Grants			1	0		734			735	$ 0	735
Amortization						1,057			1,057	6,305	7,362
Equity Contribution to Consolidated Joint Venture												3,386
Change in Fair Value of Derivative Instruments	4,340						4,020		4,020	320	4,340
Adjustment to Record Noncontrolling Interest at Redemption Value	0
Net Income (loss)	2,689							4,493	4,493	$ (604)	3,889	(1,200)
Repurchase of Common Shares (in shares)		(635,590)
Repurchase of Common Shares			(6)	0		(10,827)			(10,833)		(10,833)
Unit Conversion (in shares)		45,932								(45,932)
Unit Conversion						772			772	$ (772)	0
Preferred Shares ATM issuance, Net of Costs (in shares)					1,514
Preferred Shares ATM issuance, Net of Costs					$ 0	(115)			(115)		(115)
Common Units Issued (in shares)										0
Common Units Issued										$ 0	0
Balance (in shares) at Jun. 30, 2018		39,379,211			14,703,214					3,766,540
Balance at Jun. 30, 2018			394	0	$ 147	1,156,604	7,769	(241,776)	923,138	$ 63,117	986,255	2,186
Balance (in shares) at Mar. 31, 2018		39,329,445			14,703,214					3,792,531
Balance at Mar. 31, 2018			394	0	$ 147	1,154,904	7,117	(237,248)	925,314	$ 63,027	988,341	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
ATM Issuance Costs						(82)			(82)		(82)
Dividends and Distributions declared:
Common Shares								(11,022)	(11,022)		(11,022)
Preferred Shares								(6,043)	(6,043)		(6,043)
Common Units										(584)	(584)
LTIP Units										(471)	(471)
Dividend Reinvestment Plan (in shares)		1,088
Dividend Reinvestment Plan			0	0		19			19		19
Share Based Compensation:
Grants (in shares)		22,687
Grants			0	0		734			734		734
Amortization						624			624	994	1,618
Equity Contribution to Consolidated Joint Venture												3,386
Change in Fair Value of Derivative Instruments	707						652		652	56	708
Net Income (loss)	11,837							12,537	12,537	$ 500	13,037	(1,200)
Balance (in shares) at Jun. 30, 2018		39,379,211			14,703,214					3,766,540
Balance at Jun. 30, 2018			394	0	$ 147	1,156,604	7,769	(241,776)	923,138	$ 63,117	986,255	2,186
Share Based Compensation:
Cumulative Effect of Adoption of ASC 610-20	129,021
Balance (in shares) at Dec. 31, 2018		39,458,626			14,703,214					3,749,665
Balance at Dec. 31, 2018	954,815		395	0	$ 147	1,155,776	4,227	(267,740)	892,805	$ 62,010	954,815	2,708
Increase (Decrease) in Stockholders' Equity [Roll Forward]
ATM Issuance Costs						(21)			(21)		(21)
Dividends and Distributions declared:
Common Shares								(21,967)	(21,967)		(21,967)
Preferred Shares								(12,087)	(12,087)		(12,087)
Common Units										(1,158)	(1,158)
LTIP Units										$ (1,362)	(1,362)
Dividend Reinvestment Plan (in shares)		2,496
Dividend Reinvestment Plan	42		0	0		42			$ 42		42
Share Based Compensation:
Grants (in shares)		53,340							401,000	530,281
Grants			1	0		400				$ 0	401
Amortization						1,583			$ 1,583	6,839	8,422
Equity Contribution to Consolidated Joint Venture												300
Change in Fair Value of Derivative Instruments	(8,155)						(7,512)		(7,512)	(643)	(8,155)
Adjustment to Record Noncontrolling Interest at Redemption Value	(148)					(148)			(148)		(148)	148
Net Income (loss)	$ (2,323)							(911)	(911)	$ (1,112)	(2,023)	(300)
Repurchase of Common Shares (in shares)	(273,538,000)	(273,538)
Repurchase of Common Shares			(3)	0		(4,693)			(4,696)		(4,696)
Balance (in shares) at Jun. 30, 2019		39,240,924			14,703,214					4,279,946
Balance at Jun. 30, 2019	$ 912,063		393	0	$ 147	1,152,939	(3,285)	(302,705)	847,489	$ 64,574	912,063	2,856
Balance (in shares) at Mar. 31, 2019		39,213,269			14,703,214					4,279,946
Balance at Mar. 31, 2019			392	0	$ 147	1,151,654	1,534	(291,282)	862,445	$ 64,808	927,253	2,848
Increase (Decrease) in Stockholders' Equity [Roll Forward]
ATM Issuance Costs						(21)			(21)		(21)
Dividends and Distributions declared:
Common Shares								(10,987)	(10,987)		(10,987)
Preferred Shares								(6,044)	(6,044)		(6,044)
Common Units										(580)	(580)
LTIP Units										(620)	(620)
Dividend Reinvestment Plan (in shares)		1,231
Dividend Reinvestment Plan			0	0		21			21		21
Share Based Compensation:
Grants (in shares)		26,424
Grants			1	0		400			401		401
Amortization						893			893	1,430	2,323
Equity Contribution to Consolidated Joint Venture											0	0
Change in Fair Value of Derivative Instruments	(5,234)						(4,819)		(4,819)	(415)	(5,234)
Adjustment to Record Noncontrolling Interest at Redemption Value						(8)			(8)		(8)	8
Net Income (loss)	5,559							5,608	5,608	$ (49)	5,559
Balance (in shares) at Jun. 30, 2019		39,240,924			14,703,214					4,279,946
Balance at Jun. 30, 2019	912,063		$ 393	$ 0	$ 147	$ 1,152,939	$ (3,285)	$ (302,705)	$ 847,489	$ 64,574	$ 912,063	$ 2,856
Share Based Compensation:
Cumulative Effect of Adoption of ASC 610-20	$ 0

Consolidated Statements Of Eq_2

Consolidated Statements Of Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Dividends [Abstract]
Common Shares, Dividends declared (in dollars per share)	$ 0.28	$ 0.28	$ 0.56	$ 0.56
Common Units, Distributions declared (in dollars per share)	0.28	0.28	0.56	0.56
LTIP Units, Distribution Per Unit (in dollars per share)	$ 0.28	$ 0.28	$ 0.56	$ 0.56

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Operating Activities:
Net Income (Loss)	$ (2,323)	$ 2,689
Adjustments to Reconcile Net Loss to Net Cash Provided by Operating Activities:
Gain on Disposition of Hotel Properties, Net	0	(3,403)
Gains from Insurance Recoveries	0	(6,363)
Deferred Taxes	(1,348)	(1,485)
Depreciation	47,791	43,119
Amortization	1,107	1,415
Loss on Debt Extinguishment	17	22
Equity in Income of Unconsolidated Joint Ventures	(480)	(336)
Distributions from Unconsolidated Joint Ventures	478	313
Loss Recognized on Change in Fair Value of Derivative Instrument	163	89
Share Based Compensation Expense	5,432	4,729
Proceeds received for business interruption insurance claims	0	7,183
(Increase) Decrease in:
Hotel Accounts Receivable	(325)	484
Other Assets	(1,317)	(4,124)
Due from Related Parties	(2,453)	373
Increase in:
Accounts Payable, Accrued Expenses and Other Liabilities	129	7,205
Net Cash Provided by Operating Activities	46,871	51,910
Investing Activities:
Purchase of Hotel Property Assets	0	(41,230)
Capital Expenditures	(21,230)	(38,359)
Cash Paid for Hotel Development Projects	(467)	(22,024)
Proceeds from Disposition of Hotel Properties	0	49,580
Contributions to Unconsolidated Joint Ventures	(4,000)	0
Proceeds from Insurance Claims	0	9,242
Distributions from Unconsolidated Joint Ventures	1,022	47,925
Net Cash (Used in) Provided by Investing Activities	(24,675)	5,134
Financing Activities:
Borrowings Under Line of Credit, Net	27,000	9,900
Repayment of Borrowings Under Unsecured Term Loan	0	(18,000)
Proceeds of Mortgages and Notes Payable	56,000	28,000
Principal Repayment of Mortgages and Notes Payable	(56,636)	(851)
Cash Paid for Deferred Financing Costs	(643)	(409)
Repurchase of Common Shares	(4,624)	(10,833)
Dividends Paid on Common Shares	(21,980)	(22,151)
Dividends Paid on Preferred Shares	(12,087)	(12,087)
Distributions Paid on Common Units and LTIP Units	(2,371)	(2,059)
Other Financing Activities	(91)	(208)
Net Cash Used in Financing Activities	(15,432)	(28,698)
Net Increase in Cash, Cash Equivalents, and Restricted Cash	6,764	28,346
Cash, Cash Equivalents, and Restricted Cash - Beginning of Period	40,783	25,586
Cash, Cash Equivalents, and Restricted Cash - End of Period	$ 47,547	$ 53,932

Basis Of Presentation

Basis Of Presentation	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis Of Presentation	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, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019 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, 2018 , which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 , 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, 2019 , we owned an approximate 90.2% partnership 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 US GAAP and include all of our accounts as well as accounts of the Partnership, subsidiary partnerships and our wholly owned Taxable REIT Subsidiary Lessee (“TRS Lessee”). All significant inter-company amounts have been eliminated. Consolidated properties are either wholly owned or owned less than 100% b y 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. Variable Interest Entities We evaluate each of our investments and contractual relationships to determine whether they meet the guidelines for consolidation. 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, there have been no changes to the operating structure of our legal entities during the six months ended June 30, 2019 and, therefore, there are no changes to our evaluation of VIE's as presented within our annual report presented on Form 10-K for the year ended December 31, 2018. Noncontrolling Interest We classify the noncontrolling interests of our 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 $64,574 as of June 30, 2019 and $62,010 as of December 31, 2018 . As of June 30, 2019 , there were 4,279,946 Common Units and LTIP Units outstanding with a fair market value of $70,790 , 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. On April 2, 2018, we entered into a joint venture with the party from which we acquired the Ritz-Carlton Coconut Grove, FL. By exercising an option provided to the seller in connection with our purchase of the property in 2017, our joint venture partner has a noncontrolling equity interest of 15% in the property. Hersha Holding RC Owner, LLC, the owner entity of the Ritz-Carlton Coconut Grove joint venture ("Ritz Coconut Grove"), will distribute income based on cash available for distribution which will be distributed as follows: (1) to us until we receive a cumulative return on our contributed senior common equity interest, currently at 8% , and (2) then to the owner of the noncontrolling interest until they receive a cumulative return on their contributed junior common equity interest, currently at 8% , and (3) then 75% to us and 25% to the owner of the noncontrolling interest until we both receive a cumulative return on our contributed senior common equity interest, currently at 12% , and (4) finally, any remaining operating profit shall be distributed 70% to us and 30% to the owner of the noncontrolling interest. Additionally, the noncontrolling interest in the Ritz Coconut Grove has the right to put their ownership interest to us for cash consideration at any time during the life of the venture. The balance sheets and financial results of the Ritz Coconut Grove are included in our consolidated financial statements and book value of the noncontrolling interest in the Ritz Coconut Grove is classified as temporary equity within our Consolidated Balance Sheets. The noncontrolling interest in the Ritz Coconut Grove was initially measured at fair value upon formation of the joint venture and will be subsequently measured at the greater of historical cost or the put option redemption value. For the three and six months ended June 30, 2019, based on the income allocation methodology described above, the noncontrolling interest in this joint venture was allocated losses of $0 and $300 , respectively, and is recorded as part of the Loss Allocated to Noncontrolling Interests line item within the Consolidated Statements of Operations. On June 30, 2019, we reclassified $148 from Additional Paid in Capital to Noncontrolling Joint Venture Interest to recognize the noncontrolling interest at the put option redemption value of $2,856 . Shareholders’ Equity Terms of the Series C, Series D, and Series E Preferred Shares outstanding at June 30, 2019 and December 31, 2018 are summarized as follows:  Dividend Per Share  Shares Outstanding Six Months Ended June 30, Series June 30, 2019 December 31, 2018 Aggregate Liquidation Preference Distribution Rate 2019 2018 Series C 3,000,000 3,000,000 $ 75,000 6.875 % $ 0.8594 $ 0.8594 Series D 7,701,700 7,701,700 $ 192,500 6.500 % $ 0.8126 0.8126 Series E 4,001,514 4,001,514 $ 100,000 6.500 % $ 0.8126 0.8126 Total 14,703,214 14,703,214 In December 2018, our Board of Trustees authorized us to repurchase from time to time up to an aggregate of $50,000 of our outstanding common shares. For the six months ended June 30, 2019, the Company repurchased 273,538 common shares for an aggregate purchase price of $4,624 . Upon repurchase by the Company, these common shares ceased to be outstanding and became authorized but unissued common shares. There is no guarantee that the Company will repurchase the entire aggregate value of shares authorized for repurchase prior to the program's expiration. The repurchase program will expire on December 31, 2019 , unless extended by our Board of Trustees, at their discretion. Revenue Recognition On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which is codified as ASC 606 and 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 replaced most existing revenue recognition guidance in U.S. GAAP. The Company has adopted the provisions of ASC 606 effective January 1, 2018, electing to utilize the modified retrospective transition method. The modified retrospective method allows for, among other things, a cumulative adjustment to opening equity upon adoption of the standard. The adoption of the provisions of ASC 606 was applied to contracts with customers using available practical expedients only for contracts with customers. The Company evaluated only those contracts with customers that did not meet the definition of a closed contract under the guidance of ASC 606 at the time of adoption. This approach resulted in no cumulative adjustment to opening equity for the Company as it relates to contracts with customers. The new revenue recognition model did not have a material impact on our hotel operating revenue. We recognize revenue for all consolidated hotels as hotel operating revenue when earned. Revenues are recorded net of any sales or occupancy tax collected from our guests. We participate in frequent guest programs sponsored by the brand owners of our hotels and we expense the charges associated with those programs, as incurred. Hotel operating revenues are disaggregated on the face of the consolidated statements of operations into the categories of rooms revenue, food and beverage revenue, and other to demonstrate how economic factors affect the nature, amount, timing, and uncertainty of revenue and cash flows. Room revenue is generated through contracts with customers whereby the customers agree to pay a daily rate for right to use a hotel room. The customer is provided the room and revenue is recognized daily at the contract rate. Payment from the customer is secured at the end of the contract upon check-out by the customer from our hotel. The Company records advanced deposits when a customer or group of customers provides a deposit for a future stay at our hotels. Advanced deposits for room revenue are included in the balance of Accounts Payable, Accrued Expenses and Other Liabilities on the consolidated balance sheets. Advanced deposits are recognized as revenue at the time of the guest's stay. The Company notes no significant judgements regarding the recognition of room revenue. Food and beverage revenue is generated through contracts with customers whereby the customer agrees to pay a contract rate for restaurant dining services or banquet services. The Company's contract performance obligations are fulfilled at the time that the meal is provided to the customer or when the banquet facilities and related dining amenities are provided to the customer. The Company recognizes food and beverage revenue upon the fulfillment of the contract with the customer. The Company records contract liabilities in the form of advanced deposits when a customer or group of customers provides a deposit for a future banquet event at our hotels. Advanced deposits for food and beverage revenue are included in the balance of Accounts Payable, Accrued Expenses and Other Liabilities on the consolidated balance sheets. Advanced deposits for banquet services are recognized as revenue following the completion of the banquet services. The Company notes no significant judgements regarding the recognition of food and beverage revenue. Other operating revenues are generated by a variety of activities such as spa services, parking fees, sundry sales, etc., whereby the contracts with customers are typically completed at the time of sale and receipt of payment from the customer. There are no significant judgements regarding revenue recognition related to these ancillary revenue streams. Other revenues consist primarily of fees earned for asset management services provided to hotels we own through unconsolidated joint ventures. Fees are earned as a percentage of hotel revenue and are recorded in the period earned to the extent of the noncontrolling interest ownership. Gains from the sales of ownership interests in real estate are accounted for in accordance with the provisions of Subtopic 610-20, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets, which the Company adopted effective January 1, 2018. Our evaluation over sales of real estate is impacted by the FASB definition of a business and in substance nonfinancial assets, which have been addressed through the issuance of ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, and ASU No. 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20), respectively. Based on the provisions of ASU No. 2017-01 and ASU No. 2017-05, the Company expects any future sales of interests in hotel properties to likely meet the criteria for full gain recognition on sale. This treatment is not different from our historical position when selling our entire interest in hotel properties, however, this is different than the historical treatment in certain instances where the Company sold partial interests in hotel properties. In particular, during 2016 the Company sold partial interests in seven hotel properties to a third party (“Cindat Sale”) resulting in an approximate $81 million deferred gain based on prevailing GAAP at the time of the transaction. The Company chose to adopt the provisions of ASC 610-20 for contracts with noncustomers for all contracts and chose not to utilize any available practical expedients as it pertains to contracts with noncustomers. Accordingly, the Company's analysis included all contracts with noncustomers related to the sales, either full or partial, of our interest in hotel properties. The Company noted no changes to the recognition of gains on sales in instances whereby the Company sold 100% of our interest. The Company noted, however, that the Cindat Sale, under the provisions of ASC 610-20, would have resulted in full gain recognition at the time of the partial sale of our interest in the seven hotel properties. The impact of our adoption of the new standard resulted in a cumulative adjustment to decrease the opening balance to distributions in excess of net income, thereby increasing total shareholders' equity by $123,228 and increase the opening balance of noncontrolling interests of $5,793 . The table below shows the cumulative effect our adoption of ASC 610-20 had on the opening balances of our balance sheet on January 1, 2018. Balance as Reported at December 31, 2017 Cumulative Effect of the Adoption of ASC 610-20 Balance at January 1, 2018, as Adjusted Investment in Unconsolidated Joint Ventures $ 3,569 $ 47,738 $ 51,307 Deferred Gain on Disposition of Hotel Assets 81,284 (81,284 ) — Distributions in Excess of Net Income (335,373 ) 123,228 (212,145 ) Noncontrolling Interests 54,286 5,793 60,079 The quantitative impact of applying the prior accounting policies would have resulted in an increase of $ 129,021 in the deferred gain on disposition of hotel assets, an increase of $ 123,228 in distributions in excess of net income thereby decreasing shareholders' equity, and a decrease of $ 5,793 in noncontrolling interests at June 30, 2019. The adoption of ASC 610-20 did not materially impact the balances in the Company's consolidated statement of operations or its consolidated statement of cash flows. New Accounting Pronouncements In June 2018, the FASB issued ASU No. 2018-07, Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting . The update will simplify several aspects of the accounting for nonemployee share-based payment transactions for acquiring goods and services from nonemployees. The amendments in this update affects all entities that enter into share-based payment transactions for acquiring goods and services from nonemployees. The Company adopted the provisions of the update effective January 1, 2019. The adoption of this update did not have a material effect on our consolidated financial statements or the disclosures of share-based payments within Note 9 to these consolidated financial statements. In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. The update will make more financial and nonfinancial hedging strategies eligible for hedge accounting, changes how companies assess hedge effectiveness, and amends the presentation and disclosure requirements for hedging transactions. The Company adopted the provisions of the update effective January 1, 2019. The adoption of this update did not have a material effect on our consolidated financial statements or the disclosures related to fair value measurements within Note 8 of these consolidated financial statements. 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 asset or a business. We expect most of our hotel property acquisitions to qualify as asset acquisitions under the standard which requires the capitalization of acquisition costs to the underlying assets. The Company expects the standard to have an impact on our financial statements in periods during which we complete significant hotel acquisitions. The Company has adopted ASU No. 2017-01 effective, January 1, 2018. 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 statements of cash flows. The Company adopted this standard effective January 1, 2018. The adoption of ASU No. 2016-18 changed the presentation of the statements of cash flows for the Company and we utilized a retrospective transition method for each period presented within financial statements for periods subsequent to the date of adoption. Additionally, the Company provides a reconciliation within Note 11 of cash, cash equivalents, and restricted cash to their relative balance sheet captions. 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. The Company adopted the provisions of the update effective January 1, 2019. As a result, the Company recorded a right of use asset and corresponding lease liability of $55,515 at January 1, 2019 for leases where we are the lessee. The Company also reclassified $11,050 previously included in intangible assets to the right of use asset, related to purchase accounting adjustments for below market rate leases. Additionally, the Company reclassified $19,627 previously included in accounts payable and accrued expenses to the right of use asset. This reclassification related to amounts recorded for accrued lease expense, as a result of using the straight-line rent method, and intangible liabilities derived from land leases acquired at above market lease rates. Upon adoption, the right of use asset had a weighted average useful life of 64.2 years . We are also a lessor in certain office space and retail lease agreements related to our hotels and the adoption of this ASU did not have a material impact on our accounting for leases where we are the lessor. The adoption of this ASU did not impact revenue recognition policies for the Company. See Note 6 to these consolidated financial statements for further lease disclosures.

Investment In Hotel Properties

Investment In Hotel Properties	6 Months Ended
	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Investment In Hotel Properties	Investment in hotel properties consists of the following at June 30, 2019 and December 31, 2018 :   June 30, 2019 December 31, 2018  Land $ 518,243 $ 518,243 Buildings and Improvements 1,700,391 1,688,459 Furniture, Fixtures and Equipment 286,329 278,098 Construction in Progress 4,271 3,804  2,509,234 2,488,604  Less Accumulated Depreciation (509,584 ) (461,945 )  Total Investment in Hotel Properties * $ 1,999,650 $ 2,026,659 * The net book value of investment in hotel property at Ritz Coconut Grove, which is a variable interest entity, is $45,868 and $44,875 at June 30, 2019 and December 31, 2018, respectively. Acquisitions For the six months ended June 30, 2019 , we acquired no hotel properties. Hotel Dispositions For the six months ended June 30, 2019 , we disposed of no hotel properties.

Investment In Unconsolidated Jo

Investment In Unconsolidated Joint Ventures	6 Months Ended
	Jun. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]
Investment In Unconsolidated Joint Ventures	As of June 30, 2019 and December 31, 2018 , our investment in unconsolidated joint ventures consisted of the following:  Percent Joint Venture Hotel Properties Owned June 30, 2019 December 31, 2018  Cindat Hersha Owner JV, LLC Hilton and IHG branded hotels in NYC 31.2 % — — Hiren Boston, LLC Courtyard by Marriott, South Boston, MA 50.0 % 2,017 1,879 SB Partners, LLC Holiday Inn Express, South Boston, MA 50.0 % $ — $ 1,125 SB Partners Three, LLC Home2 Suites, South Boston, MA 50.0 % 4,967 1,000  $ 6,984 $ 4,004 On September 27, 2018, we entered into a joint venture agreement with JHM SB Three Member, LLC which will own a Home2 Suites located in South Boston, MA. Each partner will have a 50% interest of this asset, which is currently under development and is expected to open in 2020. At the onset of the agreement, each partner contributed $1,000 and any additional contributions will be made equally by each party. During the six months ended June 30, 2019, we received a distribution of $1,500 from SB Partners, LLC. This distribution exceeded our accounting basis in this joint venture resulting in a $0 investment balance as of June 30, 2019. Income/Loss Allocation Cindat Hersha Owner JV, LLC cash available for distribution will be distributed to (1) Cindat until they receive a return on their contributed $142,000 senior common equity interest, currently at 9.0% , and (2) then to us until we receive an 8% return on our contributed $64,357 junior common equity interest. Any cash available for distribution remaining will be split 31.2% to us and 68.8% 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. As of June 30, 2019 , 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, Hiren Boston, LLC, and SB Partners Three, 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. Income (loss) recognized during the three and six months ended June 30, 2019 and 2018 , for our investments in unconsolidated joint ventures is as follows:  Three Months Ended June 30, Six Months Ended June 30,  2019 2018 2019 2018 Cindat Hersha Owner JV, LLC — — — — Hiren Boston, LLC 315 356 138 249 SB Partners, LLC $ — $ 181 $ 375 $ 87 SB Partners Three, LLC (16 ) — (33 ) — Income from Unconsolidated Joint Venture Investments $ 299 $ 537 $ 480 $ 336 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 discussed above as of June 30, 2019 and December 31, 2018 and for the three and six months ended June 30, 2019 and 2018 . Balance Sheets  June 30, 2019 December 31, 2018 Assets Investment in Hotel Properties, Net $ 566,800 $ 569,609 Other Assets 39,787 30,088 Total Assets $ 606,587 $ 599,697  Liabilities and Equity Mortgages and Notes Payable $ 422,860 $ 422,205 Other Liabilities 18,740 7,478 Equity: Hersha Hospitality Trust 9,068 15,554 Joint Venture Partner(s) 156,909 155,053 Accumulated Other Comprehensive Loss (990 ) (593 ) Total Equity 164,987 170,014  Total Liabilities and Equity $ 606,587 $ 599,697 Statements of Operations  Three Months Ended June 30, Six Months Ended June 30,  2019 2018 2019 2018 Room Revenue $ 26,995 $ 26,682 $ 43,346 $ 43,414 Other Revenue 622 505 1,243 964 Operating Expenses (11,890 ) (11,572 ) (21,921 ) (21,728 ) Lease Expense (164 ) (164 ) (365 ) (329 ) Property Taxes and Insurance (3,051 ) (2,906 ) (6,103 ) (5,816 ) General and Administrative (1,505 ) (1,477 ) (2,711 ) (2,601 ) Depreciation and Amortization (3,694 ) (3,190 ) (7,354 ) (6,368 ) Interest Expense (7,196 ) (6,326 ) (14,343 ) (12,064 ) Loss on Debt Extinguishment — — — (7,284 ) Net Income (Loss) $ 117 $ 1,552 $ (8,208 ) $ (11,812 ) 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, 2019 and December 31, 2018 .  June 30, 2019 December 31, 2018 Our share of equity recorded on the joint ventures' financial statements $ 9,068 $ 15,554 Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures (1) (2,084 ) (11,550 ) Investment in Unconsolidated Joint Ventures $ 6,984 $ 4,004 (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 ventures' 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 •

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets Other Assets consisted of the following at June 30, 2019 and December 31, 2018 :  June 30, 2019 December 31, 2018  Derivative Asset $ 703 $ 5,307 Deferred Financing Costs 1,587 1,845 Prepaid Expenses 13,165 10,695 Investment in Statutory Trusts 1,548 1,548 Investment in Non-Hotel Property and Inventories 3,549 3,349 Deposits with Unaffiliated Third Parties 2,703 2,866 Deferred Tax Asset, Net of Valuation Allowance of $497 12,426 11,078 Other 1,976 3,317  $ 37,657 $ 40,005 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 Sheets. 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 interest 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. Investment in Non-Hotel Property and Inventories – This category represents the costs paid and capitalized by the Company for items such as office leasehold improvements, furniture and equipment, and property inventories. 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 $12,426 of net deferred tax assets as of June 30, 2019 . 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 $ 12,426 of net deferred tax assets in the future.

Debt

Debt	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Debt	Mortgages Mortgages payable at June 30, 2019 and December 31, 2018 consisted of the following:  June 30, 2019 December 31, 2018 Mortgage Indebtedness $ 334,262 $ 334,897 Net Unamortized Premium 1,060 1,304 Net Unamortized Deferred Financing Costs (2,189 ) (2,056 ) Mortgages Payable $ 333,133 $ 334,145 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 also amortized over the remaining life of the loans. Mortgage indebtedness balances are subject to fixed and variable interest rates, which ranged from 4.17% to 6.30% as of June 30, 2019 . Aggregate interest expense incurred under the mortgage loans payable totaled $4,077 and $3,888 , and $8,067 and $7,307 , during the three and six months ended June 30, 2019 and 2018 , 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, 2019. As of June 30, 2019 , the maturity dates for the outstanding mortgage loans ranged from November 2019 to September 2025 . The Company expects to refinance loans maturing within a year of June 30, 2019 into new property-specific mortgage debt on or before the respective loan maturity dates. Unsecured 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 2 business days prior to each quarterly payment. The face value of the notes payable is offset by $838 and $864 as of June 30, 2019 and December 31, 2018 , 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 5.64% and 5.23% , and 5.66% and 4.93% , during the three and six months ended June 30, 2019 and 2018 , respectively. Interest expense on Unsecured Notes Payable in the amount of $734 and $674 , and $1,466 and $1,288 , was recorded for the three and six months ended June 30, 2019 and 2018 , respectively. Credit Facilities We maintain three unsecured credit agreements which aggregate to $950,900 with Citigroup Global Markets Inc., Wells Fargo Bank, Inc. and various other lenders. Our credit facility provides for a $457,000 senior unsecured credit facility (“Credit Facility”). The Credit Facility consists of a $250,000 senior unsecured revolving line of credit (“Line of Credit”) and a $207,000 senior unsecured term loan ("First Term Loan"). The Credit Facility expires on August 1, 2022 , 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 $857,000 at our request, subject to the satisfaction of certain conditions. We maintain another credit agreement which provides for a $300,000 senior unsecured term loan agreement (“Second Term Loan”) and expires on August 10, 2020 . A separate credit agreement provides for a $193,900 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 individual term loans (each a “Term Loan” and together the “Term Loans”) is governed by certain operating metrics of designated unencumbered hotel properties known as borrowing base assets. As of June 30, 2019 , the following hotel properties were borrowing base assets: - Courtyard, Brookline, MA - Mystic Marriott Hotel & Spa, Groton, CT - Holiday Inn Express, Cambridge, MA - Hampton Inn, Washington, DC - Envoy Hotel, Boston, MA - Ritz Carlton, Washington, DC - The Boxer, Boston, MA - Hilton Garden Inn, M Street, Washington, DC - Hampton Inn, Seaport, NY - Residence Inn, Coconut Grove, FL - The Duane Street Hotel, NY - The Winter Haven, Miami, FL - NU Hotel, Brooklyn, NY - The Blue Moon, Miami, FL - Holiday Inn Express, 29th Street, NY - The Cadillac Hotel and Beach Club, Miami, FL - The Gate JFK Airport, New York, NY - The Parrot Key Hotel & Resort, Key West, FL - Hilton Garden Inn, JFK Airport, New York, NY - TownePlace Suites, Sunnyvale, CA - Hyatt House White Plains, NY - The Ambrose Hotel, Santa Monica, CA - Sheraton, Wilmington South, DE - Courtyard, San Diego, CA - Hampton Inn, Philadelphia, PA - The Pan Pacific Hotel, Seattle, WA - The Rittenhouse, Philadelphia, PA - The Westin, Philadelphia, PA The interest rate for borrowings under the Line of Credit and Term Loans 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, 2019 December 31, 2018 Line of Credit 1.50% to 2.25% $ 37,000 $ 10,000 Unsecured Term Loan: First Term Loan 1.45% to 2.20% $ 207,000 $ 207,000 Second Term Loan 1.50% to 2.25% 300,000 300,000 Third Term Loan 1.45% to 2.20% 193,900 193,900 Deferred Loan Costs (2,341 ) (2,698 ) Total Unsecured Term Loan $ 698,559 $ 698,202 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 $1,075,000, 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: The Company recorded interest expense of $8,903 and $7,661 , and $17,539 and $14,773 related to borrowings drawn on the Credit Facility and Term Loans for the three and six months ended June 30, 2019 and 2018 , respectively. The weighted average interest rate, inclusive of the effect of derivative instruments, on the Credit Facility and Term Loans was 4.17% and 3.73% , and 4.15% and 3.69% , for the three and six months ended June 30, 2019 and 2018 , 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, 2019 and 2018 , we capitalized $37 and $206 , and $74 and $304 , of interest expense to ongoing capital improvement projects, respectively. 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 deferred costs for the three and six months ended June 30, 2019 and 2018 was $560 and $443 , and $1,134 and $872 , respectively. New Debt/Refinance On June 7, 2019, we refinanced the outstanding mortgage debt with an original principal balance of $56,000 secured by the Hyatt Union Square, New York, NY. The loan was due to mature on June 9, 2019, but will now mature on June 7, 2023. Also on June 7, 2019, we entered into an interest rate swap that matures June 7, 2023. See "Note 8 - Fair Value Measurements and Derivative Instruments" for more information on the interest rate swap. On April 13, 2018, we entered into a mortgage debt with a principal balance of $28,000 secured by the Annapolis Waterfront Hotel, Annapolis, MD. The loan bears interest at a variable rate of one month U.S. dollar LIBOR plus 2.65% and matures in April 2024. Concurrently, we entered into an interest rate cap which effectively caps LIBOR at 3.35% , limiting the interest rate to not exceed 6.00% per annum until May 2021. On January 31, 2018, we refinanced the outstanding mortgage debt with an original principal balance of $25,000 secured by the Capitol Hill Hotel, Washington, D.C. The loan was due to mature on January 31, 2018, but will now mature on January 31, 2021. Subsequent Event On July 25, 2019, we refinanced the outstanding mortgage debt with an original principal balance of $45,000 secured by the Hilton Garden Inn Tribeca, New York, NY. The loan was due to mature on November 13, 2019, but will now mature on July 25, 2024. Contemporaneous with the mortgage refinance, we entered into an interest rate swap that matures July 25, 2024 that fixes the interest rate at 4.02% until maturity.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	LEASES 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 Company adopted the provisions of the update effective January 1, 2019. We elected the modified retrospective transition method upon adoption, which resulted in no cumulative-effect adjustment to the balance of opening retained earnings. As part of our adoption, we elected to utilize the package of practical expedients which allowed us to not reassess existing contracts for embedded leases and not reassess the classification of existing leases. As a result of our adoption, the Company recorded a lease liability and corresponding right of use asset of $55,515 at January 1, 2019 for leases where we are the lessee. Our most significant leases are land leases. We own five hotels within our consolidated portfolio of hotels where we do not own the land on which the hotels reside, rather we lease the land from an unrelated third-party lessor. All of our land leases are classified as operating leases and have initial terms, with extension options that range from May 2062 to October 2103. Based on the nature of these leases, the Company assumed that all extension options would be fully executed. For land leases that include variable payments, those include payments that are tied to an index such as the consumer price index or include rental payments based partially on the hotel revenues. Two additional office space lease are also factored into the lease liability and are classified as operating leases with terms ranging from January 2022 to December 2027. For office space leases that include variable payments, those include payments for the Company's proportionate share of the building's property taxes, insurance, and common area maintenance. The Company applied judgments related to the determination of the discount rates used to calculate the lease liability upon adoption at January 1, 2019. Since the discount rate implicit in the leases could not be readily determinable, we had to calculate our incremental borrowing rate as defined by ASC Topic 842. In order to calculate our incremental borrowing rate, the Company utilized judgments and estimates regarding the Company's market credit rating, comparable market bond yield curve, and adjustments to market yield curves to determine a securitized rate. We are also a lessor in certain office space and retail lease agreements related to our hotels and the adoption of this ASU did not have a material impact on our accounting for leases where we are the lessor. The adoption of this ASU did not impact revenue recognition policies for the Company. The components of lease costs for the three and six months ended June 30, 2019 were as follows: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 Ground Lease Office Lease Total Ground Lease Office Lease Total Operating lease costs $ 973 $ 121 $ 1,094 $ 1,946 $ 242 $ 2,188 Variable lease costs 141 88 229 278 159 437 Total lease costs $ 1,114 $ 209 $ 1,323 $ 2,224 $ 401 $ 2,625 Other information related to leases as of and for the six months ended June 30, 2019 is as follows: June 30, 2019 Cash paid from operating cash flow for operating leases $ 2,364 Weighted average remaining lease term 64.2 Weighted average discount rate 7.85 % NOTE 6 – LEASES (CONTINUED) Payments against lease liabilities are as follows: Amount July 1, 2019 to December 31, 2019 $ 2,295 2020 4,638 2021 4,705 2022 4,167 2023 4,149 Thereafter 270,978 Total undiscounted lease payments 290,932 Less imputed interest (236,071 ) Total lease liabilities $ 54,861 Future minimum lease payments (without reflecting future applicable Consumer Price Index increases) under these agreements as of December 31, 2018 are as follows: Year Ending December 31, Amount 2019 $ 4,585 2020 4,638 2021 4,705 2022 4,167 2023 4,149 Thereafter 270,978 $ 293,222
Leases	LEASES 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 Company adopted the provisions of the update effective January 1, 2019. We elected the modified retrospective transition method upon adoption, which resulted in no cumulative-effect adjustment to the balance of opening retained earnings. As part of our adoption, we elected to utilize the package of practical expedients which allowed us to not reassess existing contracts for embedded leases and not reassess the classification of existing leases. As a result of our adoption, the Company recorded a lease liability and corresponding right of use asset of $55,515 at January 1, 2019 for leases where we are the lessee. Our most significant leases are land leases. We own five hotels within our consolidated portfolio of hotels where we do not own the land on which the hotels reside, rather we lease the land from an unrelated third-party lessor. All of our land leases are classified as operating leases and have initial terms, with extension options that range from May 2062 to October 2103. Based on the nature of these leases, the Company assumed that all extension options would be fully executed. For land leases that include variable payments, those include payments that are tied to an index such as the consumer price index or include rental payments based partially on the hotel revenues. Two additional office space lease are also factored into the lease liability and are classified as operating leases with terms ranging from January 2022 to December 2027. For office space leases that include variable payments, those include payments for the Company's proportionate share of the building's property taxes, insurance, and common area maintenance. The Company applied judgments related to the determination of the discount rates used to calculate the lease liability upon adoption at January 1, 2019. Since the discount rate implicit in the leases could not be readily determinable, we had to calculate our incremental borrowing rate as defined by ASC Topic 842. In order to calculate our incremental borrowing rate, the Company utilized judgments and estimates regarding the Company's market credit rating, comparable market bond yield curve, and adjustments to market yield curves to determine a securitized rate. We are also a lessor in certain office space and retail lease agreements related to our hotels and the adoption of this ASU did not have a material impact on our accounting for leases where we are the lessor. The adoption of this ASU did not impact revenue recognition policies for the Company. The components of lease costs for the three and six months ended June 30, 2019 were as follows: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 Ground Lease Office Lease Total Ground Lease Office Lease Total Operating lease costs $ 973 $ 121 $ 1,094 $ 1,946 $ 242 $ 2,188 Variable lease costs 141 88 229 278 159 437 Total lease costs $ 1,114 $ 209 $ 1,323 $ 2,224 $ 401 $ 2,625 Other information related to leases as of and for the six months ended June 30, 2019 is as follows: June 30, 2019 Cash paid from operating cash flow for operating leases $ 2,364 Weighted average remaining lease term 64.2 Weighted average discount rate 7.85 % NOTE 6 – LEASES (CONTINUED) Payments against lease liabilities are as follows: Amount July 1, 2019 to December 31, 2019 $ 2,295 2020 4,638 2021 4,705 2022 4,167 2023 4,149 Thereafter 270,978 Total undiscounted lease payments 290,932 Less imputed interest (236,071 ) Total lease liabilities $ 54,861 Future minimum lease payments (without reflecting future applicable Consumer Price Index increases) under these agreements as of December 31, 2018 are as follows: Year Ending December 31, Amount 2019 $ 4,585 2020 4,638 2021 4,705 2022 4,167 2023 4,149 Thereafter 270,978 $ 293,222

Commitments And Contingencies A

Commitments And Contingencies And Related Party Transactions	6 Months Ended
	Jun. 30, 2019
Commitments And Contingencies And Related Party Transactions [Abstract]
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 qualification as a REIT under the Internal Revenue Code 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 a term of five years 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. Management 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, 2019 and 2018 , base management fees incurred from HHMLP totaled $3,949 and $3,457 , and $6,942 and $6,146 , respectively, and are recorded as Hotel Operating Expenses. For the three and six months ended June 30, 2019 and 2018 , we did not 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, 2019 and 2018 were $6,508 and $6,330 , and $11,483 and $10,995 , 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, 2019 and 2018 , the Company incurred accounting fees of $315 and $312 , and $631 and $607 , respectively. For the three and six months ended June 30, 2019 and 2018 , the Company incurred information technology fees of $102 and $101 , and $203 and $197 , respectively. Accounting fees and information technology fees are included in Hotel Operating Expenses. Capital Expenditure Fees HHMLP charges a 5% fee on certain 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, 2019 and 2018 , we incurred fees of $989 and $411 , and $1,513 and $923 , respectively, which were capitalized with the cost of capital expenditures. 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, 2019 and 2018 , we incurred charges for hotel supplies of $80 and $63 , and $214 and $130 , respectively. For the three and six months ended June 30, 2019 and 2018 , we incurred charges for capital expenditure purchases of $3,882 and $459 , and $4,417 and $957 , 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 $0 is included in accounts payable at June 30, 2019 and December 31, 2018 . Restaurant Lease Agreements with Independent Restaurant Group The Company enters into lease agreements with a number of restaurant management companies for the lease of restaurants located within our hotels. During the first six months of 2019, the Company entered into lease agreements with Independent Restaurant Group (“IRG”) for restaurants at two of its hotel properties. Certain executive officers and/or trustees of the Company, collectively own a 70.0% interest in IRG. The Company’s restaurant lease agreements with IRG generally provide for a term of five years and the payment of base rents and percentage rents, which are based on IRG’s revenue in excess of defined thresholds. The base rents are due monthly and percentages rents owed, if any, are due quarterly. The restaurant leases are subject to early termination upon the occurrence of defaults and certain other events described therein. Due From Related Parties The due from related parties balance as of June 30, 2019 and December 31, 2018 was approximately $5,747 and $3,294 , 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, 2019 and December 31, 2018 was $0 .

Fair Value Measurements And Der

Fair Value Measurements And Derivative Instruments	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
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, 2019 , 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 counter-party’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 counter-parties. However, as of June 30, 2019 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. 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 table on the following page presents our derivative instruments as of June 30, 2019 and December 31, 2018 .  Estimated Fair Value  Asset / (Liability) Balance Hedged Debt Type Strike Rate Index Effective Date Derivative Contract Maturity Date Notional Amount June 30, 2019 December 31, 2018  Term Loan Instruments: Unsecured Credit Facility Swap 1.011 % 1-Month LIBOR + 2.20% November 3, 2016 October 3, 2019 $ 150,000 $ 473 $ 1,741 Unsecured Credit Facility Swap 1.694 % 1-Month LIBOR + 2.20% April 3, 2017 October 3, 2019 50,000 66 320 Unsecured Credit Facility (1) Swap 1.866 % 1-Month LIBOR + 2.25% August 10, 2017 August 10, 2020 300,000 (999 ) 2,287 Unsecured Credit Facility Swap 2.654 % 1-Month LIBOR + 2.20% January 10, 2019 January 10, 2021 103,500 (1,420 ) (314 ) Unsecured Credit Facility Swap 2.654 % 1-Month LIBOR + 2.20% January 10, 2019 January 10, 2021 103,500 (1,420 ) (315 )  Mortgages: Hilton Garden Inn 52nd Street, New York, NY Swap 1.600 % 1-Month LIBOR + 2.90% February 24, 2017 February 24, 2020 44,325 108 479 Courtyard, LA Westside, Culver City, CA Swap 1.683 % 1-Month LIBOR + 2.75% August 1, 2017 August 1, 2020 35,000 54 458 Annapolis Waterfront Hotel, MD Cap 3.350 % 1-Month LIBOR + 2.65% May 1, 2018 May 1, 2021 28,000 2 22 Hyatt, Union Square, New York, NY Swap 1.870 % 1-Month LIBOR + 2.30% June 7, 2019 June 7, 2023 56,000 (504 ) —   $ (3,640 ) $ 4,678 (1) On March 23, 2017, we entered into an interest rate swap associated with $300,000 of our unsecured credit facility, which became effective beginning on August 10, 2017 . This swap effectively fixed the interest rate of the notional amount 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 fair value of swaps and our interest rate caps with a positive balance is included in other assets at June 30, 2019 and December 31, 2018 . The fair value of our interest rate swaps with a negative balance is included in accounts payable, accrued expenses and other liabilities at June 30, 2019 and December 31, 2018 . The net change in fair value of derivative instruments designated as cash flow hedges was a loss of $(5,234) and a gain of $707 for the three months ended June 30, 2019 and 2018 , respectively, and a loss of $(8,155) and a gain of $4,340 for the six months ended June 30, 2019 and 2018 , 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 derivatives. The change in net unrealized gains/losses on cash flow hedges reflects a reclassification of $1,112 and $745 , and $2,253 and $1,019 , 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, 2019 and 2018 , respectively. For the next twelve months ending June 30, 2020, we estimate that an additional $2,055 will be reclassified as a 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, 2019 , the carrying value and estimated fair value of our debt were $1,119,402 and $1,112,088 respectively. As of December 31, 2018 , the carrying value and estimated fair value of our debt were $1,093,031 and $1,082,485 , respectively.

Share Based Payments

Share Based Payments	6 Months Ended
	Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
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. The 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 In its continuous effort to implement executive compensation strategies that further align the interests of the Company’s executives with those of shareholders, the Compensation Committee comprehensively redesigned the executive compensation programs for 2019. Prior to 2019, executives participated in our legacy incentive compensation programs, the Annual Cash Incentive Program (“ACIP”), the Annual Long Term Equity Incentive Program (“Annual EIP”), and the Multi-Year Long Term Equity Incentive Program (“Multi-Year EIP”). Beginning in 2019, executives will participate in the Short Term Incentive Program (“STIP”) and the Long-Term Incentive Program (“LTIP”), eliminating the legacy compensation programs. Short Term Incentive Program On March 6, 2019, the Compensation Committee approved the 2019 STIP for the executive officers, pursuant to which the executive officers are eligible to earn cash and equity awards in the form of stock awards, LTIP Units, or performance share awards issuable pursuant to the 2012 Plan. Awards are earned under the 2019 STIP based on achieving a threshold, target or maximum level of defined performance objectives and any amounts earned are satisfied 50% in cash and 50% in equity awards. The Compensation Committee provided the option to the executive officers to elect shares in lieu of cash payment under the 2019 STIP. The Company accounts for 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, 2019 , no shares or LTIP Units have been issued in accordance with the 2012 Plan to the executive officers in settlement of 2019 STIP. The following table is a summary of all unvested LTIP Units issued to executives:  Units Vested Unearned Compensation Issuance Date Weighted Average Share Price LTIP Units Issued Vesting Period Vesting Schedule June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 March 21, 2019 (2018 Annual EIP) (2018 ACIP) $ 18.00 498,261 3 years 25%/year (1)(2) 64,583 — $ 3,977 $ — March 28, 2018 (2017 Annual EIP) (2017 ACIP) 17.91 564,434 3 years 25%/year (1)(3) 144,216 144,216 1,605 2,875 March 28, 2017 (2016 Annual EIP) 18.53 122,727 3 years 25%/year (1) 92,042 92,042 76 152  1,185,422 300,841 236,258 $ 5,658 $ 3,027 (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 the end of the performance period, which is a calendar year-end (subject to continuous employment through the applicable vesting date). (2) The issuance included 239,918 units issued with a 2 year cliff vesting provision. (3) The issuance included 276,000 units issued with a 2 year cliff vesting provision. Stock based compensation expense related to the STIP and our legacy short term incentive programs of $2,145 and $1,831 , and $3,545 and $2,617 was incurred during the three and six months ended June 30, 2019 and 2018 , respectively. Unearned compensation related to the legacy short term incentive programs as of June 30, 2019 and December 31, 2018 was $5,658 and $3,027 , respectively. Unearned compensation 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. Long Term Incentive Programs On March 6, 2019, the Compensation Committee approved the 2019 LTIP. This program has a three-year performance period which commenced on January 1, 2019 and ends December 31, 2021. As of June 30, 2019, no shares or LTIP Units have been issued to the executive officers in settlement of 2019 LTIP awards. The following table is a summary of the approved Multi-Year EIPs:  Units Vested Unearned Compensation Compensation Committee Approval Date Weighted Average Share Price LTIP Units Issued LTIP Issuance Date Performance Period June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 March 6, 2019 (2019 LTIP) $ 10.08 — N/A 1/1/2019 to 12/31/2021 — — $ 1,830 $ — March 8, 2018 (2018 Multi-Year EIP) 11.06 — N/A 1/1/2018 to 12/31/2020 — — 1,089 1,306 March 10, 2017 (2017 Multi-Year EIP) 9.25 — N/A 1/1/2017 to 12/31/2019 — — 449 598 March 17, 2016 (2016 Multi-Year EIP) 11.25 32,020 N/A 1/1/2016 to 12/31/2018 16,009 — 223 296  32,020 16,009 — $ 3,591 $ 2,200 The shares or LTIP Units issuable under the LTIP or legacy long term incentive programs are based on the Company’s achievement of a certain level of (1) absolute total shareholder return ( 37.5% of the award), (2) relative total shareholder return as compared to the Company’s peer group ( 37.5% of the award), and (3) relative growth in revenue per available room (RevPar) compared to the Company’s peer group ( 25.0% 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 expense of $470 and $337 , and $690 and $889 was recorded for the three and six months ended June 30, 2019 and 2018 , respectively, for the 2019 LTIP and the legacy long term incentive programs. Unearned compensation related to the Multi-Year EIPs as of June 30, 2019 and December 31, 2018 , respectively, was $3,591 , and $2,200 . Restricted Share Awards Trustees Board Fee Compensation The Compensation Committee approved a program that allows the Company’s trustees to make a voluntary election to receive any portion of their board fee compensation in the form of common equity valued at a 25% premium to the cash that would have been received. On December 31, 2018 , we issued 10,863 shares which do not fully vest until December 31, 2019 . Compensation expense incurred for the three and six months ended June 30, 2019 and 2018 was $48 and $50 , and $95 and $101 , respectively. The following table is a summary of all unvested share awards issued to trustees in lieu of board fee compensation:  Unearned Compensation Original Issuance Date Shares Issued Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2019 December 31, 2018 December 31, 2018 10,863 $ 17.54 12 months 100% $ 95 $ 191 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, 2019 and 2018 was $35 and $26 , and $70 and $53 , respectively. Unearned compensation related to the Multi-Year Long Term Equity Incentive Programs was $228 and $298 as of June 30, 2019 and December 31, 2018 , respectively. The following table is a summary of all unvested share awards issued to trustees under the 2012 Plan and prior equity incentive plans:  Shares Vested Unearned Compensation Original Issuance Date Weighted Average Share Price Shares Issued Vesting Period Vesting Schedule June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 December 31, 2018 $ 17.54 9,000 3 years 33% /year — — $ 132 $ 158 December 29, 2017 17.40 9,000 3 years 33% /year 3,000 3,000 78 104 December 30, 2016 21.50 5,000 3 years 33% /year 3,335 3,335 18 36  6,335 6,335 $ 228 $ 298 Share Awards Compensation expense related to share awards issued to the Company’s trustees of $402 and $420 was incurred during the three and six months ended June 30, 2019 and 2018 , respectively, and is recorded in general and administrative expense on the consolidated statements of operations. Share grants issued to the Company’s trustees are immediately vested. On June 3, 2018, an aggregate of 23,333 shares were issued to the Company’s trustees at a price per share on the date of grant of $17.22 . Employee and Non-employee Awards In addition to share based compensation expense related to awards to executives and trustees under the programs described above, share based compensation expense related to restricted common shares issued to employees of the Company and non-employees for services provided to the Company totaled $374 and $459 and $630 and $649 for the three and six months ended June 30, 2019 and 2018 , respectively. Unearned compensation related to these restricted share awards as of June 30, 2019 and December 31, 2018 was $635 and $829 , respectively. The following table is a summary of all unvested share awards issued to employees under the 2012 Plan :  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, 2019 December 31, 2018 June 30, 2019 December 31, 2018 2019 31,508 $16.61-$18.00 0-2 years 50-100% /year 8,344 — $ 334 $ — 2018 54,676 $17.91-$22.65 1-4 years 25-100% /year 43,131 2,189 239 641 2017 41,897 $18.47-$18.53 2 years 50% /year 38,378 24,111 62 174 2016 29,294 $18.02-$21.11 2 years 50%/year 29,294 29,294 — — 2015 15,703 $28.09 2-4 years 25-50% /year 15,703 14,469 — 14 Total 173,078 134,850 70,063 $ 635 $ 829

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	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,  2019 2018 2019 2018 NUMERATOR: Basic and Diluted* Net Income (Loss) $ 5,559 $ 11,837 $ (2,323 ) $ 2,689 (Income) Loss allocated to Noncontrolling Interests 41 700 1,264 1,804 Distributions to Preferred Shareholders (6,043 ) (6,043 ) (12,087 ) (12,087 ) Dividends Paid on Unvested Restricted Shares and LTIP Units (271 ) (189 ) (553 ) (392 ) Net (Loss) Income applicable to Common Shareholders $ (714 ) $ 6,305 $ (13,699 ) $ (7,986 )  DENOMINATOR: Weighted average number of common shares - basic 39,127,385 39,246,946 39,121,421 39,440,481 Effect of dilutive securities: Restricted Stock Awards and LTIP Units (unvested) — 407,471 — — Contingently Issued Shares and Units — 271,682 — — Weighted average number of common shares - diluted 39,127,385 39,926,099 39,121,421 39,440,481 * 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, 2019
Supplemental Cash Flow Elements [Abstract]
Cash Flow Disclosures And Non Cash Investing And Financing Activities	CASH FLOW DISCLOSURES AND NON CASH INVESTING AND FINANCING ACTIVITIES Interest paid during the six months ended June 30, 2019 and 2018 totaled $27,802 and $23,165 respectively. Cash paid for income taxes during the six months ended June 30, 2019 and 2018 totaled $466 and $1,127 , respectively. The following non-cash investing and financing activities occurred during the six months ended June 30, 2019 and 2018 :  2019 2018 Common Shares issued as part of the Dividend Reinvestment Plan $ 42 $ 37 Acquisition of hotel properties: Deposit paid in prior period towards acquisition which closed in current period — 1,000 Conversion of note payable and accrued interest to non-controlling interest — 3,386 Conversion of Common Units to Common Shares — 772 Issuance of share based payments 12,119 12,740 Accrued payables for capital expenditures placed into service 1,268 1,369 Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20 — 129,021 Adjustment to Record Noncontrolling Interest at Redemption Value 148 — Adjustment to Record Right of Use Asset & Lease Liability 55,515 — Amortization related to Right of Use Asset & Lease Liability 654 — The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows for the six months ended June 30, 2019 and 2018 : 2019 2018 Cash and cash equivalents $ 36,780 $ 46,869 Escrowed cash 10,767 7,063 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 47,547 $ 53,932

Basis Of Presentation (Policies

Basis Of Presentation (Policies)	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles Of Consolidation And Presentation	Principles of Consolidation and Presentation The accompanying consolidated financial statements have been prepared in accordance with US GAAP and include all of our accounts as well as accounts of the Partnership, subsidiary partnerships and our wholly owned Taxable REIT Subsidiary Lessee (“TRS Lessee”). All significant inter-company amounts have been eliminated. Consolidated properties are either wholly owned or owned less than 100% b y 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.
Variable Interest Entities	Variable Interest Entities We evaluate each of our investments and contractual relationships to determine whether they meet the guidelines for consolidation. 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, there have been no changes to the operating structure of our legal entities during the six months ended June 30, 2019 and, therefore, there are no changes to our evaluation of VIE's as presented within our annual report presented on Form 10-K for the year ended December 31, 2018.
Noncontrolling Interest	Noncontrolling Interest We classify the noncontrolling interests of our 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 $64,574 as of June 30, 2019 and $62,010 as of December 31, 2018 . As of June 30, 2019 , there were 4,279,946 Common Units and LTIP Units outstanding with a fair market value of $70,790 , 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, 2019 and December 31, 2018 are summarized as follows:  Dividend Per Share  Shares Outstanding Six Months Ended June 30, Series June 30, 2019 December 31, 2018 Aggregate Liquidation Preference Distribution Rate 2019 2018 Series C 3,000,000 3,000,000 $ 75,000 6.875 % $ 0.8594 $ 0.8594 Series D 7,701,700 7,701,700 $ 192,500 6.500 % $ 0.8126 0.8126 Series E 4,001,514 4,001,514 $ 100,000 6.500 % $ 0.8126 0.8126 Total 14,703,214 14,703,214 In December 2018, our Board of Trustees authorized us to repurchase from time to time up to an aggregate of $50,000 of our outstanding common shares. For the six months ended June 30, 2019, the Company repurchased 273,538 common shares for an aggregate purchase price of $4,624 . Upon repurchase by the Company, these common shares ceased to be outstanding and became authorized but unissued common shares. There is no guarantee that the Company will repurchase the entire aggregate value of shares authorized for repurchase prior to the program's expiration. The repurchase program will expire on December 31, 2019 , unless extended by our Board of Trustees, at their discretion.
Revenue Recognition	Revenue Recognition On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which is codified as ASC 606 and 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 replaced most existing revenue recognition guidance in U.S. GAAP. The Company has adopted the provisions of ASC 606 effective January 1, 2018, electing to utilize the modified retrospective transition method. The modified retrospective method allows for, among other things, a cumulative adjustment to opening equity upon adoption of the standard. The adoption of the provisions of ASC 606 was applied to contracts with customers using available practical expedients only for contracts with customers. The Company evaluated only those contracts with customers that did not meet the definition of a closed contract under the guidance of ASC 606 at the time of adoption. This approach resulted in no cumulative adjustment to opening equity for the Company as it relates to contracts with customers. The new revenue recognition model did not have a material impact on our hotel operating revenue. We recognize revenue for all consolidated hotels as hotel operating revenue when earned. Revenues are recorded net of any sales or occupancy tax collected from our guests. We participate in frequent guest programs sponsored by the brand owners of our hotels and we expense the charges associated with those programs, as incurred. Hotel operating revenues are disaggregated on the face of the consolidated statements of operations into the categories of rooms revenue, food and beverage revenue, and other to demonstrate how economic factors affect the nature, amount, timing, and uncertainty of revenue and cash flows. Room revenue is generated through contracts with customers whereby the customers agree to pay a daily rate for right to use a hotel room. The customer is provided the room and revenue is recognized daily at the contract rate. Payment from the customer is secured at the end of the contract upon check-out by the customer from our hotel. The Company records advanced deposits when a customer or group of customers provides a deposit for a future stay at our hotels. Advanced deposits for room revenue are included in the balance of Accounts Payable, Accrued Expenses and Other Liabilities on the consolidated balance sheets. Advanced deposits are recognized as revenue at the time of the guest's stay. The Company notes no significant judgements regarding the recognition of room revenue. Food and beverage revenue is generated through contracts with customers whereby the customer agrees to pay a contract rate for restaurant dining services or banquet services. The Company's contract performance obligations are fulfilled at the time that the meal is provided to the customer or when the banquet facilities and related dining amenities are provided to the customer. The Company recognizes food and beverage revenue upon the fulfillment of the contract with the customer. The Company records contract liabilities in the form of advanced deposits when a customer or group of customers provides a deposit for a future banquet event at our hotels. Advanced deposits for food and beverage revenue are included in the balance of Accounts Payable, Accrued Expenses and Other Liabilities on the consolidated balance sheets. Advanced deposits for banquet services are recognized as revenue following the completion of the banquet services. The Company notes no significant judgements regarding the recognition of food and beverage revenue. Other operating revenues are generated by a variety of activities such as spa services, parking fees, sundry sales, etc., whereby the contracts with customers are typically completed at the time of sale and receipt of payment from the customer. There are no significant judgements regarding revenue recognition related to these ancillary revenue streams. Other revenues consist primarily of fees earned for asset management services provided to hotels we own through unconsolidated joint ventures. Fees are earned as a percentage of hotel revenue and are recorded in the period earned to the extent of the noncontrolling interest ownership. Gains from the sales of ownership interests in real estate are accounted for in accordance with the provisions of Subtopic 610-20, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets, which the Company adopted effective January 1, 2018. Our evaluation over sales of real estate is impacted by the FASB definition of a business and in substance nonfinancial assets, which have been addressed through the issuance of ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, and ASU No. 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20), respectively. Based on the provisions of ASU No. 2017-01 and ASU No. 2017-05, the Company expects any future sales of interests in hotel properties to likely meet the criteria for full gain recognition on sale. This treatment is not different from our historical position when selling our entire interest in hotel properties, however, this is different than the historical treatment in certain instances where the Company sold partial interests in hotel properties. In particular, during 2016 the Company sold partial interests in seven hotel properties to a third party (“Cindat Sale”) resulting in an approximate $81 million deferred gain based on prevailing GAAP at the time of the transaction. The Company chose to adopt the provisions of ASC 610-20 for contracts with noncustomers for all contracts and chose not to utilize any available practical expedients as it pertains to contracts with noncustomers. Accordingly, the Company's analysis included all contracts with noncustomers related to the sales, either full or partial, of our interest in hotel properties. The Company noted no changes to the recognition of gains on sales in instances whereby the Company sold 100% of our interest. The Company noted, however, that the Cindat Sale, under the provisions of ASC 610-20, would have resulted in full gain recognition at the time of the partial sale of our interest in the seven hotel properties. The impact of our adoption of the new standard resulted in a cumulative adjustment to decrease the opening balance to distributions in excess of net income, thereby increasing total shareholders' equity by $123,228 and increase the opening balance of noncontrolling interests of $5,793 .
New Accounting Pronouncements	New Accounting Pronouncements In June 2018, the FASB issued ASU No. 2018-07, Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting . The update will simplify several aspects of the accounting for nonemployee share-based payment transactions for acquiring goods and services from nonemployees. The amendments in this update affects all entities that enter into share-based payment transactions for acquiring goods and services from nonemployees. The Company adopted the provisions of the update effective January 1, 2019. The adoption of this update did not have a material effect on our consolidated financial statements or the disclosures of share-based payments within Note 9 to these consolidated financial statements. In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. The update will make more financial and nonfinancial hedging strategies eligible for hedge accounting, changes how companies assess hedge effectiveness, and amends the presentation and disclosure requirements for hedging transactions. The Company adopted the provisions of the update effective January 1, 2019. The adoption of this update did not have a material effect on our consolidated financial statements or the disclosures related to fair value measurements within Note 8 of these consolidated financial statements. 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 asset or a business. We expect most of our hotel property acquisitions to qualify as asset acquisitions under the standard which requires the capitalization of acquisition costs to the underlying assets. The Company expects the standard to have an impact on our financial statements in periods during which we complete significant hotel acquisitions. The Company has adopted ASU No. 2017-01 effective, January 1, 2018. 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 statements of cash flows. The Company adopted this standard effective January 1, 2018. The adoption of ASU No. 2016-18 changed the presentation of the statements of cash flows for the Company and we utilized a retrospective transition method for each period presented within financial statements for periods subsequent to the date of adoption. Additionally, the Company provides a reconciliation within Note 11 of cash, cash equivalents, and restricted cash to their relative balance sheet captions. 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. The Company adopted the provisions of the update effective January 1, 2019. As a result, the Company recorded a right of use asset and corresponding lease liability of $55,515 at January 1, 2019 for leases where we are the lessee. The Company also reclassified $11,050 previously included in intangible assets to the right of use asset, related to purchase accounting adjustments for below market rate leases. Additionally, the Company reclassified $19,627 previously included in accounts payable and accrued expenses to the right of use asset. This reclassification related to amounts recorded for accrued lease expense, as a result of using the straight-line rent method, and intangible liabilities derived from land leases acquired at above market lease rates. Upon adoption, the right of use asset had a weighted average useful life of 64.2 years . We are also a lessor in certain office space and retail lease agreements related to our hotels and the adoption of this ASU did not have a material impact on our accounting for leases where we are the lessor. The adoption of this ASU did not impact revenue recognition policies for the Company. See Note 6 to these consolidated financial statements for further lease disclosures.

Basis Of Presentation (Tables)

Basis Of Presentation (Tables)	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule Of Preferred Stock	Terms of the Series C, Series D, and Series E Preferred Shares outstanding at June 30, 2019 and December 31, 2018 are summarized as follows:  Dividend Per Share  Shares Outstanding Six Months Ended June 30, Series June 30, 2019 December 31, 2018 Aggregate Liquidation Preference Distribution Rate 2019 2018 Series C 3,000,000 3,000,000 $ 75,000 6.875 % $ 0.8594 $ 0.8594 Series D 7,701,700 7,701,700 $ 192,500 6.500 % $ 0.8126 0.8126 Series E 4,001,514 4,001,514 $ 100,000 6.500 % $ 0.8126 0.8126 Total 14,703,214 14,703,214
Schedule of ASC 610-20	The table below shows the cumulative effect our adoption of ASC 610-20 had on the opening balances of our balance sheet on January 1, 2018. Balance as Reported at December 31, 2017 Cumulative Effect of the Adoption of ASC 610-20 Balance at January 1, 2018, as Adjusted Investment in Unconsolidated Joint Ventures $ 3,569 $ 47,738 $ 51,307 Deferred Gain on Disposition of Hotel Assets 81,284 (81,284 ) — Distributions in Excess of Net Income (335,373 ) 123,228 (212,145 ) Noncontrolling Interests 54,286 5,793 60,079

Investment In Hotel Properties

Investment In Hotel Properties (Tables)	6 Months Ended
	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Investment In Hotel Properties	Investment in hotel properties consists of the following at June 30, 2019 and December 31, 2018 :   June 30, 2019 December 31, 2018  Land $ 518,243 $ 518,243 Buildings and Improvements 1,700,391 1,688,459 Furniture, Fixtures and Equipment 286,329 278,098 Construction in Progress 4,271 3,804  2,509,234 2,488,604  Less Accumulated Depreciation (509,584 ) (461,945 )  Total Investment in Hotel Properties * $ 1,999,650 $ 2,026,659 * The net book value of investment in hotel property at Ritz Coconut Grove, which is a variable interest entity, is $45,868 and $44,875 at June 30, 2019 and December 31, 2018, respectively.

Investment In Unconsolidated _2

Investment In Unconsolidated Joint Ventures (Tables)	6 Months Ended
	Jun. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]
Investment In Unconsolidated Joint Ventures	As of June 30, 2019 and December 31, 2018 , our investment in unconsolidated joint ventures consisted of the following:  Percent Joint Venture Hotel Properties Owned June 30, 2019 December 31, 2018  Cindat Hersha Owner JV, LLC Hilton and IHG branded hotels in NYC 31.2 % — — Hiren Boston, LLC Courtyard by Marriott, South Boston, MA 50.0 % 2,017 1,879 SB Partners, LLC Holiday Inn Express, South Boston, MA 50.0 % $ — $ 1,125 SB Partners Three, LLC Home2 Suites, South Boston, MA 50.0 % 4,967 1,000  $ 6,984 $ 4,004
Income Or Loss From Unconsolidated Joint Ventures	Income (loss) recognized during the three and six months ended June 30, 2019 and 2018 , for our investments in unconsolidated joint ventures is as follows:  Three Months Ended June 30, Six Months Ended June 30,  2019 2018 2019 2018 Cindat Hersha Owner JV, LLC — — — — Hiren Boston, LLC 315 356 138 249 SB Partners, LLC $ — $ 181 $ 375 $ 87 SB Partners Three, LLC (16 ) — (33 ) — Income from Unconsolidated Joint Venture Investments $ 299 $ 537 $ 480 $ 336
Summary Financial Information Related To Unconsolidated Joint Ventures	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 discussed above as of June 30, 2019 and December 31, 2018 and for the three and six months ended June 30, 2019 and 2018 . Balance Sheets  June 30, 2019 December 31, 2018 Assets Investment in Hotel Properties, Net $ 566,800 $ 569,609 Other Assets 39,787 30,088 Total Assets $ 606,587 $ 599,697  Liabilities and Equity Mortgages and Notes Payable $ 422,860 $ 422,205 Other Liabilities 18,740 7,478 Equity: Hersha Hospitality Trust 9,068 15,554 Joint Venture Partner(s) 156,909 155,053 Accumulated Other Comprehensive Loss (990 ) (593 ) Total Equity 164,987 170,014  Total Liabilities and Equity $ 606,587 $ 599,697 Statements of Operations  Three Months Ended June 30, Six Months Ended June 30,  2019 2018 2019 2018 Room Revenue $ 26,995 $ 26,682 $ 43,346 $ 43,414 Other Revenue 622 505 1,243 964 Operating Expenses (11,890 ) (11,572 ) (21,921 ) (21,728 ) Lease Expense (164 ) (164 ) (365 ) (329 ) Property Taxes and Insurance (3,051 ) (2,906 ) (6,103 ) (5,816 ) General and Administrative (1,505 ) (1,477 ) (2,711 ) (2,601 ) Depreciation and Amortization (3,694 ) (3,190 ) (7,354 ) (6,368 ) Interest Expense (7,196 ) (6,326 ) (14,343 ) (12,064 ) Loss on Debt Extinguishment — — — (7,284 ) Net Income (Loss) $ 117 $ 1,552 $ (8,208 ) $ (11,812 )
Reconciliation Of Share In Unconsolidated Joint Ventures' Equity In Investment In Unconsolidated Joint Ventures	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, 2019 and December 31, 2018 .  June 30, 2019 December 31, 2018 Our share of equity recorded on the joint ventures' financial statements $ 9,068 $ 15,554 Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures (1) (2,084 ) (11,550 ) Investment in Unconsolidated Joint Ventures $ 6,984 $ 4,004 (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 ventures' 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 •

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	Other Assets consisted of the following at June 30, 2019 and December 31, 2018 :  June 30, 2019 December 31, 2018  Derivative Asset $ 703 $ 5,307 Deferred Financing Costs 1,587 1,845 Prepaid Expenses 13,165 10,695 Investment in Statutory Trusts 1,548 1,548 Investment in Non-Hotel Property and Inventories 3,549 3,349 Deposits with Unaffiliated Third Parties 2,703 2,866 Deferred Tax Asset, Net of Valuation Allowance of $497 12,426 11,078 Other 1,976 3,317  $ 37,657 $ 40,005

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Schedule Of Mortgages Payable	Mortgages payable at June 30, 2019 and December 31, 2018 consisted of the following:  June 30, 2019 December 31, 2018 Mortgage Indebtedness $ 334,262 $ 334,897 Net Unamortized Premium 1,060 1,304 Net Unamortized Deferred Financing Costs (2,189 ) (2,056 ) Mortgages Payable $ 333,133 $ 334,145
Summary Of Borrowing Base Assets	As of June 30, 2019 , the following hotel properties were borrowing base assets: - Courtyard, Brookline, MA - Mystic Marriott Hotel & Spa, Groton, CT - Holiday Inn Express, Cambridge, MA - Hampton Inn, Washington, DC - Envoy Hotel, Boston, MA - Ritz Carlton, Washington, DC - The Boxer, Boston, MA - Hilton Garden Inn, M Street, Washington, DC - Hampton Inn, Seaport, NY - Residence Inn, Coconut Grove, FL - The Duane Street Hotel, NY - The Winter Haven, Miami, FL - NU Hotel, Brooklyn, NY - The Blue Moon, Miami, FL - Holiday Inn Express, 29th Street, NY - The Cadillac Hotel and Beach Club, Miami, FL - The Gate JFK Airport, New York, NY - The Parrot Key Hotel & Resort, Key West, FL - Hilton Garden Inn, JFK Airport, New York, NY - TownePlace Suites, Sunnyvale, CA - Hyatt House White Plains, NY - The Ambrose Hotel, Santa Monica, CA - Sheraton, Wilmington South, DE - Courtyard, San Diego, CA - Hampton Inn, Philadelphia, PA - The Pan Pacific Hotel, Seattle, WA - The Rittenhouse, Philadelphia, PA - The Westin, Philadelphia, PA
Summary Of The Balances Outstanding And Interest Rate Spread	The following table summarizes the balances outstanding and interest rate spread for each borrowing:  Outstanding Balance Borrowing Spread June 30, 2019 December 31, 2018 Line of Credit 1.50% to 2.25% $ 37,000 $ 10,000 Unsecured Term Loan: First Term Loan 1.45% to 2.20% $ 207,000 $ 207,000 Second Term Loan 1.50% to 2.25% 300,000 300,000 Third Term Loan 1.45% to 2.20% 193,900 193,900 Deferred Loan Costs (2,341 ) (2,698 ) Total Unsecured Term Loan $ 698,559 $ 698,202

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Components of Lease Costs	The components of lease costs for the three and six months ended June 30, 2019 were as follows: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 Ground Lease Office Lease Total Ground Lease Office Lease Total Operating lease costs $ 973 $ 121 $ 1,094 $ 1,946 $ 242 $ 2,188 Variable lease costs 141 88 229 278 159 437 Total lease costs $ 1,114 $ 209 $ 1,323 $ 2,224 $ 401 $ 2,625 Other information related to leases as of and for the six months ended June 30, 2019 is as follows: June 30, 2019 Cash paid from operating cash flow for operating leases $ 2,364 Weighted average remaining lease term 64.2 Weighted average discount rate 7.85 %
Schedule of Future Minimum Lease Payments	Payments against lease liabilities are as follows: Amount July 1, 2019 to December 31, 2019 $ 2,295 2020 4,638 2021 4,705 2022 4,167 2023 4,149 Thereafter 270,978 Total undiscounted lease payments 290,932 Less imputed interest (236,071 ) Total lease liabilities $ 54,861 Future minimum lease payments (without reflecting future applicable Consumer Price Index increases) under these agreements as of December 31, 2018 are as follows: Year Ending December 31, Amount 2019 $ 4,585 2020 4,638 2021 4,705 2022 4,167 2023 4,149 Thereafter 270,978 $ 293,222

Fair Value Measurements And D_2

Fair Value Measurements And Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value Of Interest Rate Swaps And Caps	The table on the following page presents our derivative instruments as of June 30, 2019 and December 31, 2018 .  Estimated Fair Value  Asset / (Liability) Balance Hedged Debt Type Strike Rate Index Effective Date Derivative Contract Maturity Date Notional Amount June 30, 2019 December 31, 2018  Term Loan Instruments: Unsecured Credit Facility Swap 1.011 % 1-Month LIBOR + 2.20% November 3, 2016 October 3, 2019 $ 150,000 $ 473 $ 1,741 Unsecured Credit Facility Swap 1.694 % 1-Month LIBOR + 2.20% April 3, 2017 October 3, 2019 50,000 66 320 Unsecured Credit Facility (1) Swap 1.866 % 1-Month LIBOR + 2.25% August 10, 2017 August 10, 2020 300,000 (999 ) 2,287 Unsecured Credit Facility Swap 2.654 % 1-Month LIBOR + 2.20% January 10, 2019 January 10, 2021 103,500 (1,420 ) (314 ) Unsecured Credit Facility Swap 2.654 % 1-Month LIBOR + 2.20% January 10, 2019 January 10, 2021 103,500 (1,420 ) (315 )  Mortgages: Hilton Garden Inn 52nd Street, New York, NY Swap 1.600 % 1-Month LIBOR + 2.90% February 24, 2017 February 24, 2020 44,325 108 479 Courtyard, LA Westside, Culver City, CA Swap 1.683 % 1-Month LIBOR + 2.75% August 1, 2017 August 1, 2020 35,000 54 458 Annapolis Waterfront Hotel, MD Cap 3.350 % 1-Month LIBOR + 2.65% May 1, 2018 May 1, 2021 28,000 2 22 Hyatt, Union Square, New York, NY Swap 1.870 % 1-Month LIBOR + 2.30% June 7, 2019 June 7, 2023 56,000 (504 ) —   $ (3,640 ) $ 4,678 (1) On March 23, 2017, we entered into an interest rate swap associated with $300,000 of our unsecured credit facility, which became effective beginning on August 10, 2017 . This swap effectively fixed the interest rate of the notional amount 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 .

Share Based Payments (Tables)

Share Based Payments (Tables)	6 Months Ended
	Jun. 30, 2019
Multi-Year LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of Unvested Share Awards Issued To Executives	The following table is a summary of the approved Multi-Year EIPs:  Units Vested Unearned Compensation Compensation Committee Approval Date Weighted Average Share Price LTIP Units Issued LTIP Issuance Date Performance Period June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 March 6, 2019 (2019 LTIP) $ 10.08 — N/A 1/1/2019 to 12/31/2021 — — $ 1,830 $ — March 8, 2018 (2018 Multi-Year EIP) 11.06 — N/A 1/1/2018 to 12/31/2020 — — 1,089 1,306 March 10, 2017 (2017 Multi-Year EIP) 9.25 — N/A 1/1/2017 to 12/31/2019 — — 449 598 March 17, 2016 (2016 Multi-Year EIP) 11.25 32,020 N/A 1/1/2016 to 12/31/2018 16,009 — 223 296  32,020 16,009 — $ 3,591 $ 2,200
Multi-year LTIP Trustee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Other Share-based Compensation, Activity	The following table is a summary of all unvested share awards issued to trustees under the 2012 Plan and prior equity incentive plans:  Shares Vested Unearned Compensation Original Issuance Date Weighted Average Share Price Shares Issued Vesting Period Vesting Schedule June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 December 31, 2018 $ 17.54 9,000 3 years 33% /year — — $ 132 $ 158 December 29, 2017 17.40 9,000 3 years 33% /year 3,000 3,000 78 104 December 30, 2016 21.50 5,000 3 years 33% /year 3,335 3,335 18 36  6,335 6,335 $ 228 $ 298
LTIP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of Unvested Share Awards Issued To Executives	The following table is a summary of all unvested LTIP Units issued to executives:  Units Vested Unearned Compensation Issuance Date Weighted Average Share Price LTIP Units Issued Vesting Period Vesting Schedule June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 March 21, 2019 (2018 Annual EIP) (2018 ACIP) $ 18.00 498,261 3 years 25%/year (1)(2) 64,583 — $ 3,977 $ — March 28, 2018 (2017 Annual EIP) (2017 ACIP) 17.91 564,434 3 years 25%/year (1)(3) 144,216 144,216 1,605 2,875 March 28, 2017 (2016 Annual EIP) 18.53 122,727 3 years 25%/year (1) 92,042 92,042 76 152  1,185,422 300,841 236,258 $ 5,658 $ 3,027 (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 the end of the performance period, which is a calendar year-end (subject to continuous employment through the applicable vesting date). (2) The issuance included 239,918 units issued with a 2 year cliff vesting provision. (3) The issuance included 276,000 units issued with a 2 year cliff vesting provision.
Board Fee Compensation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Other Share-based Compensation, Activity	The following table is a summary of all unvested share awards issued to trustees in lieu of board fee compensation:  Unearned Compensation Original Issuance Date Shares Issued Share Price on Date of Grant Vesting Period Vesting Schedule June 30, 2019 December 31, 2018 December 31, 2018 10,863 $ 17.54 12 months 100% $ 95 $ 191
Restricted Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of Unvested Share Awards Issued To Executives	The following table is a summary of all unvested share awards issued to employees under the 2012 Plan :  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, 2019 December 31, 2018 June 30, 2019 December 31, 2018 2019 31,508 $16.61-$18.00 0-2 years 50-100% /year 8,344 — $ 334 $ — 2018 54,676 $17.91-$22.65 1-4 years 25-100% /year 43,131 2,189 239 641 2017 41,897 $18.47-$18.53 2 years 50% /year 38,378 24,111 62 174 2016 29,294 $18.02-$21.11 2 years 50%/year 29,294 29,294 — — 2015 15,703 $28.09 2-4 years 25-50% /year 15,703 14,469 — 14 Total 173,078 134,850 70,063 $ 635 $ 829

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Reconciliation Of 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,  2019 2018 2019 2018 NUMERATOR: Basic and Diluted* Net Income (Loss) $ 5,559 $ 11,837 $ (2,323 ) $ 2,689 (Income) Loss allocated to Noncontrolling Interests 41 700 1,264 1,804 Distributions to Preferred Shareholders (6,043 ) (6,043 ) (12,087 ) (12,087 ) Dividends Paid on Unvested Restricted Shares and LTIP Units (271 ) (189 ) (553 ) (392 ) Net (Loss) Income applicable to Common Shareholders $ (714 ) $ 6,305 $ (13,699 ) $ (7,986 )  DENOMINATOR: Weighted average number of common shares - basic 39,127,385 39,246,946 39,121,421 39,440,481 Effect of dilutive securities: Restricted Stock Awards and LTIP Units (unvested) — 407,471 — — Contingently Issued Shares and Units — 271,682 — — Weighted average number of common shares - diluted 39,127,385 39,926,099 39,121,421 39,440,481 * 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_2

Cash Flow Disclosures And Non Cash Investing And Financing Activities (Tables)	6 Months Ended
	Jun. 30, 2019
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow	The following non-cash investing and financing activities occurred during the six months ended June 30, 2019 and 2018 :  2019 2018 Common Shares issued as part of the Dividend Reinvestment Plan $ 42 $ 37 Acquisition of hotel properties: Deposit paid in prior period towards acquisition which closed in current period — 1,000 Conversion of note payable and accrued interest to non-controlling interest — 3,386 Conversion of Common Units to Common Shares — 772 Issuance of share based payments 12,119 12,740 Accrued payables for capital expenditures placed into service 1,268 1,369 Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20 — 129,021 Adjustment to Record Noncontrolling Interest at Redemption Value 148 — Adjustment to Record Right of Use Asset & Lease Liability 55,515 — Amortization related to Right of Use Asset & Lease Liability 654 —
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows for the six months ended June 30, 2019 and 2018 : 2019 2018 Cash and cash equivalents $ 36,780 $ 46,869 Escrowed cash 10,767 7,063 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 47,547 $ 53,932
Restrictions on Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows for the six months ended June 30, 2019 and 2018 : 2019 2018 Cash and cash equivalents $ 36,780 $ 46,869 Escrowed cash 10,767 7,063 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 47,547 $ 53,932

Basis Of Presentation (Narrativ

Basis Of Presentation (Narrative) (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2019USD ($)shares	Jun. 30, 2019USD ($)shares	Jun. 30, 2018USD ($)	Mar. 31, 2019USD ($)	Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)	Apr. 02, 2018	Mar. 31, 2018USD ($)	Jan. 01, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)hotel
Noncontrolling Interest [Abstract]
Net income (loss) attributable to nonredeemable noncontrolling interest	$ 0	$ 300,000
Change in redemption value		148,000	$ 0
Equity in noncontrolling interest	912,063,000	$ 912,063,000				$ 954,815,000
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]
Stock repurchase program, authorized amount						50,000,000
Common shares repurchased (in shares) | shares		273,538,000
Common shares repurchased		$ 4,624,000
Revenue from Contract with Customer [Abstract]
Deferred Gain on Disposition of Hotel Assets										$ 81,284,000
Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20	0	0	129,021,000
Distributions in Excess of Net Income	302,705,000	302,705,000				267,740,000				335,373,000
Stockholders' equity attributable to noncontrolling interest	(64,574,000)	(64,574,000)				(62,010,000)				(54,286,000)
Right of use asset	45,990,000	45,990,000
Lease liability	54,861,000	54,861,000
Decrease in intangible assets	(2,333,000)	(2,333,000)				(13,644,000)
Decrease in accounts payable and accrued expenses	$ (50,070,000)	$ (50,070,000)				(70,947,000)
Weighted average remaining lease term	64 years 2 months 12 days	64 years 2 months 12 days			64 years 2 months 12 days
Noncontrolling Interests Common Units And LTIP Units [Member]
Noncontrolling Interest [Abstract]
Noncontrolling interests in Nonredeemable Common Units	$ 64,574,000	$ 64,574,000				62,010,000
Nonredeemable common units outstanding (in shares) | shares	4,279,946	4,279,946
Fair market value of nonredeemable common units	$ 70,790,000	$ 70,790,000
Equity in noncontrolling interest	64,574,000	64,574,000	63,117,000	$ 64,808,000		62,010,000		$ 63,027,000		54,286,000
Revenue from Contract with Customer [Abstract]
Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20									$ 5,793,000
Additional Paid-In Capital [Member]
Noncontrolling Interest [Abstract]
Change in redemption value	8,000	148,000
Equity in noncontrolling interest	1,152,939,000	1,152,939,000	1,156,604,000	1,151,654,000		1,155,776,000		1,154,904,000		1,164,946,000
Consolidated Joint Ventures [Member]
Noncontrolling Interest [Abstract]
Change in redemption value	(8,000)	(148,000)
Equity in noncontrolling interest	2,856,000	2,856,000	$ 2,186,000	$ 2,848,000		$ 2,708,000		$ 0		$ 0
Accounting Standards Update 2014-09 [Member]
Revenue from Contract with Customer [Abstract]
Number of real estate properties | hotel											7
Deferred Gain on Disposition of Hotel Assets											$ 81,000,000
Accounting Standards Update 2017-05 [Member]
Revenue from Contract with Customer [Abstract]
Deferred Gain on Disposition of Hotel Assets									0
Distributions in Excess of Net Income									212,145,000
Stockholders' equity attributable to noncontrolling interest									(60,079,000)
Accounting Standards Update 2017-05 [Member] | Pro Forma [Member]
Revenue from Contract with Customer [Abstract]
Deferred Gain on Disposition of Hotel Assets	129,021,000	129,021,000
Distributions in Excess of Net Income	123,228,000	123,228,000
Stockholders' equity attributable to noncontrolling interest	$ 5,793,000	$ 5,793,000
Accounting Standards Update 2017-05 [Member] | Retained Earnings [Member]
Revenue from Contract with Customer [Abstract]
Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20									123,228,000
Accounting Standards Update 2017-05 [Member] | Noncontrolling Interest [Member]
Revenue from Contract with Customer [Abstract]
Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20									$ 5,793,000
Accounting Standards Update 2016-02 [Member]
Revenue from Contract with Customer [Abstract]
Right of use asset					$ 55,515,000
Lease liability					55,515,000
Decrease in accounts payable and accrued expenses					19,627,000
Senior Common Equity Interest [Member]
Noncontrolling Interest [Abstract]
Noncontrolling interest, common equity interest, return		12.00%
Hersha Hospitality Limited Partnership [Member]
Class of Stock [Line Items]
General partnership interest (in hundredths)		1.00%
Consolidated Joint Ventures [Member]
Noncontrolling Interest [Abstract]
Noncontrolling interest, ownership percentage							15.00%
Cumulative return on common equity interest	30.00%	30.00%
Consolidated Joint Ventures [Member] | Senior Common Equity Interest [Member]
Noncontrolling Interest [Abstract]
Cumulative return on common equity interest	25.00%	25.00%
Consolidated Joint Ventures [Member] | Junior Common Equity Interest [Member] | Scenario, Plan [Member]
Noncontrolling Interest [Abstract]
Noncontrolling interest, common equity interest, return		8.00%
Hersha Holding RC Owner, LLC [Member]
Noncontrolling Interest [Abstract]
Cumulative return on common equity interest	70.00%	70.00%
Hersha Holding RC Owner, LLC [Member] | Senior Common Equity Interest [Member]
Noncontrolling Interest [Abstract]
Noncontrolling interest, common equity interest, return		8.00%
Cumulative return on common equity interest	75.00%	75.00%
Hersha Hospitality Limited Partnership [Member]
Class of Stock [Line Items]
Approximate ownership percentage in the partnership (in hundredths)	90.20%	90.20%
Market Rate Lease [Member] | Accounting Standards Update 2016-02 [Member]
Revenue from Contract with Customer [Abstract]
Decrease in intangible assets					$ 11,050,000

Basis Of Presentation (Schedule

Basis Of Presentation (Schedule Of Preferred Stock) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Class of Stock [Line Items]
Shares outstanding (in shares)	14,703,214		14,703,214
Series C Preferred Shares [Member]
Class of Stock [Line Items]
Shares outstanding (in shares)	3,000,000		3,000,000
Aggregate Liquidation Preference	$ 75,000
Distribution Rate	6.875%
Dividend per share (in dollars per share)	$ 0.8594	$ 0.8594
Series D Preferred Shares [Member]
Class of Stock [Line Items]
Shares outstanding (in shares)	7,701,700		7,701,700
Aggregate Liquidation Preference	$ 192,500
Distribution Rate	6.50%
Dividend per share (in dollars per share)	$ 0.8126	0.8126
Series E Preferred Shares [Member]
Class of Stock [Line Items]
Shares outstanding (in shares)	4,001,514		4,001,514
Aggregate Liquidation Preference	$ 100,000
Distribution Rate	6.50%
Dividend per share (in dollars per share)	$ 0.8126	$ 0.8126

Basis Of Presentation Basis Of

Basis Of Presentation Basis Of Presentation (Schedule of ASU 610-20) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Investment in Unconsolidated Joint Ventures	$ 6,984	$ 4,004		$ 3,569
Deferred Gain on Disposition of Hotel Assets				81,284
Distributions in Excess of Net Income	(302,705)	(267,740)		(335,373)
Noncontrolling Interests	$ 64,574	$ 62,010		$ 54,286
Accounting Standards Update 2017-05 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Investment in Unconsolidated Joint Ventures			$ 51,307
Deferred Gain on Disposition of Hotel Assets			0
Distributions in Excess of Net Income			(212,145)
Noncontrolling Interests			60,079
Difference Between Guidance In Effect Before And After Topic 610 [Member] | Accounting Standards Update 2017-05 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Investment in Unconsolidated Joint Ventures			47,738
Deferred Gain on Disposition of Hotel Assets			(81,284)
Distributions in Excess of Net Income			123,228
Noncontrolling Interests			$ 5,793

Investment In Hotel Propertie_2

Investment In Hotel Properties (Investment In Hotel Properties) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Total investment in hotel properties, gross	$ 2,509,234	$ 2,488,604
Less Accumulated Depreciation	(509,584)	(461,945)
Total Investment in Hotel Properties	1,999,650	2,026,659
Net book value	45,868	44,875
Land [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	518,243	518,243
Building and Improvements [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	1,700,391	1,688,459
Furniture, Fixtures And Equipment [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	286,329	278,098
Construction in Progress [Member]
Business Acquisition [Line Items]
Total investment in hotel properties, gross	$ 4,271	$ 3,804

Investment In Unconsolidated _3

Investment In Unconsolidated Joint Ventures (Investment In Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Sep. 27, 2018	Dec. 31, 2017
Investments in Unconsolidated Joint Ventures [Line Items]
Investment in unconsolidated joint ventures	$ 6,984	$ 4,004		$ 3,569
Hilton and IHG Branded Hotels in NYC [Member] | Cindat Hersha Owner JV, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	31.20%
Investment in unconsolidated joint ventures	$ 0	0
Courtyard by Marriott, Boston, MA [Member] | Hiren Boston, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	50.00%
Investment in unconsolidated joint ventures	$ 2,017	1,879
Holiday Inn Express, Boston, MA [Member] | SB Partners, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	50.00%
Investment in unconsolidated joint ventures	$ 0	1,125
Home2 Suites, South Boston, MA [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned			50.00%
Investment in unconsolidated joint ventures			$ 1,000
Home2 Suites, South Boston, MA [Member] | SB Partners Three, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	50.00%
Investment in unconsolidated joint ventures	$ 4,967	$ 1,000

Investment In Unconsolidated _4

Investment In Unconsolidated Joint Ventures (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Sep. 27, 2018	Dec. 31, 2017
Investments in Unconsolidated Joint Ventures [Line Items]
Investment in Unconsolidated Joint Ventures	$ 6,984		$ 4,004		$ 3,569
Distribution from joint venture	$ 478	$ 313
Cindat Hersha Owner JV, LLC [Member] | Cindat Capital Management Limited [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Preferred joint venture partner, ownership percentage	68.80%
Cindat Hersha Owner JV, LLC [Member] | Cindat Capital Management Limited [Member] | Scenario, Plan [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 Hersha Owner JV, LLC [Member] | Cindat Capital Management Limited [Member] | Senior Common Equity Interest [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest	$ 142,000
Cindat Hersha Owner JV, LLC [Member] | Cindat Capital Management Limited [Member] | Junior Common Equity Interest [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest return	9.00%
Cindat Hersha Owner JV, LLC [Member] | Hersha Hospitality Limited Partnership [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned (in hundredths)	31.20%
Cindat Hersha Owner JV, LLC [Member] | Hersha Hospitality Limited Partnership [Member] | Junior Common Equity Interest [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest	$ 64,357
SB Partners, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Distribution from joint venture	$ 1,500
Home2 Suites, South Boston, MA [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned (in hundredths)				50.00%
Investment in Unconsolidated Joint Ventures				$ 1,000
Holiday Inn Express, Boston, MA [Member] | SB Partners, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned (in hundredths)	50.00%
Investment in Unconsolidated Joint Ventures	$ 0		$ 1,125

Investment In Unconsolidated _5

Investment In Unconsolidated Joint Ventures (Income Or Loss From Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	$ 299	$ 537	$ 480	$ 336
Cindat Hersha Owner JV, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	0	0	0	0
Hiren Boston, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	315	356	138	249
SB Partners, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	0	181	375	87
SB Partners Three, LLC [Member]
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	$ (16)	$ 0	$ (33)	$ 0

Investment In Unconsolidated _6

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, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Assets
Investment in Hotel Properties, Net	$ 566,800		$ 566,800		$ 569,609
Other Assets	39,787		39,787		30,088
Total Assets	606,587		606,587		599,697
Liabilities and Equity
Mortgages and Notes Payable	422,860		422,860		422,205
Other Liabilities	18,740		18,740		7,478
Equity:
Hersha Hospitality Trust	9,068		9,068		15,554
Joint Venture Partner(s)	156,909		156,909		155,053
Accumulated Other Comprehensive Loss	(990)		(990)		(593)
Total Equity	164,987		164,987		170,014
Total Liabilities and Equity	606,587		606,587		$ 599,697
Statement of Operations [Abstract]
Room Revenue	26,995	$ 26,682	43,346	$ 43,414
Other Revenue	622	505	1,243	964
Operating Expenses	(11,890)	(11,572)	(21,921)	(21,728)
Lease Expense	(164)	(164)	(365)	(329)
Property Taxes and Insurance	(3,051)	(2,906)	(6,103)	(5,816)
General and Administrative	(1,505)	(1,477)	(2,711)	(2,601)
Depreciation and Amortization	(3,694)	(3,190)	(7,354)	(6,368)
Interest Expense	(7,196)	(6,326)	(14,343)	(12,064)
Loss on Debt Extinguishment	0	0	0	(7,284)
Net Income (Loss)	$ 117	$ 1,552	$ (8,208)	$ (11,812)

Investment In Unconsolidated _7

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, 2019	Dec. 31, 2018	Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Our share of equity recorded on the joint ventures' financial statements	$ 9,068	$ 15,554
Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures	(2,084)	(11,550)
Investment in Unconsolidated Joint Ventures	$ 6,984	$ 4,004	$ 3,569

Other Assets (Other Assets) (De

Other Assets (Other Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Derivative Asset	$ 703	$ 5,307
Deferred Financing Costs	1,587	1,845
Prepaid Expenses	13,165	10,695
Investment in Statutory Trusts	1,548	1,548
Investment in Non-Hotel Property and Inventories	3,549	3,349
Deposits with Unaffiliated Third Parties	2,703	2,866
Deferred Tax Asset, Net of Valuation Allowance of $497	12,426	11,078
Other	1,976	3,317
Total other assets	37,657	$ 40,005
Deferred tax assets, valuation allowance	$ 497

Other Assets (Narrative) (Detai

Other Assets (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred tax assets, net	$ 12,426	$ 11,078

Debt (Mortgages) (Details)

Debt (Mortgages) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Mortgages and Notes Payable [Abstract]
Mortgage Indebtedness	$ 698,559		$ 698,559		$ 698,202
Net Unamortized Deferred Financing Costs	(2,341)		(2,341)		(2,698)
Mortgages [Member]
Mortgages and Notes Payable [Abstract]
Mortgage Indebtedness	334,262		334,262		334,897
Net Unamortized Premium	1,060		1,060		1,304
Net Unamortized Deferred Financing Costs	(2,189)		(2,189)		(2,056)
Mortgages Payable	333,133		333,133		$ 334,145
Interest expense	$ 4,077	$ 3,888	$ 8,067	$ 7,307
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, 2019.
Minimum [Member] | Mortgages [Member]
Mortgages and Notes Payable [Abstract]
Debt instrument, interest rate, effective percentage	4.17%		4.17%
Maximum [Member] | Mortgages [Member]
Mortgages and Notes Payable [Abstract]
Debt instrument, interest rate, effective percentage	6.30%		6.30%

Debt (Unsecured Notes Payable)

Debt (Unsecured Notes Payable) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Subordinated Notes Payable [Abstract]
Net unamortized deferred financing costs	$ 2,341		$ 2,341		$ 2,698
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	$ 838		$ 838		$ 864
Debt instrument, interest rate during period (in hundredths)	5.64%	5.23%	5.66%	4.93%
Interest expense	$ 734	$ 674	$ 1,466	$ 1,288
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, 2019USD ($)agreement	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)agreement	Jun. 30, 2018USD ($)
Short-term Debt [Line Items]
Number of unsecured credit agreements | agreement	3		3
Debt instrument, face amount	$ 950,900,000		$ 950,900,000
Line of credit facility covenant minimum tangible net worth	$ 1,075,000,000		$ 1,075,000,000
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%
Line of credit facility covenant maximum secured debt leverage ratio (in hundredths)	45.00%		45.00%
Minimum [Member]
Short-term Debt [Line Items]
Line of credit facility covenant fixed charge coverage ratio	1.50		1.50
Credit Facility [Member]
Short-term Debt [Line Items]
Revolving line of credit, current borrowing capacity	$ 457,000,000		$ 457,000,000
Line of credit, expiration date			Aug. 1, 2022
Renewal period of line of credit			1 year
Revolving line of credit, maximum borrowing capacity	857,000,000		$ 857,000,000
Revolving Line Of Credit [Member]
Short-term Debt [Line Items]
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 facility, 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 $1,075,000, 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 all of the covenants as of June 30, 2019.
Interest expense, on credit facilities	$ 8,903,000	$ 7,661,000	$ 17,539,000	$ 14,773,000
Line of credit, weighted average interest rate (in hundredths)	4.17%	3.73%	4.15%	3.69%
$250 Million Unsecured Term Loan ("First Term Loan") [Member]
Short-term Debt [Line Items]
Debt instrument, face amount	$ 207,000,000		$ 207,000,000
$300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Short-term Debt [Line Items]
Debt instrument, face amount	300,000,000		$ 300,000,000
Maturity date			Aug. 10, 2020
$200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Short-term Debt [Line Items]
Debt instrument, face amount	$ 193,900,000		$ 193,900,000
Maturity date			Aug. 2, 2021

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, 2019	Dec. 31, 2018
Short-term Debt [Line Items]
Line of Credit	$ 37,000	$ 10,000
Unsecured Term Loan	698,559	698,202
Deferred Loan Costs	(2,341)	(2,698)
$250 Million Senior Unsecured Revolving Line Of Credit ("Line of Credit") [Member]
Short-term Debt [Line Items]
Line of Credit	37,000	10,000
$250 Million Unsecured Term Loan ("First Term Loan") [Member]
Short-term Debt [Line Items]
Unsecured Term Loan	207,000	207,000
$300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Short-term Debt [Line Items]
Unsecured Term Loan	300,000	300,000
$200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Short-term Debt [Line Items]
Unsecured Term Loan	$ 193,900	$ 193,900
Minimum [Member] | $250 Million Senior Unsecured Revolving Line Of Credit ("Line of Credit") [Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	1.50%
Minimum [Member] | $250 Million Unsecured Term Loan ("First Term Loan") [Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	1.45%
Minimum [Member] | $300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	1.50%
Minimum [Member] | $200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	1.45%
Maximum [Member] | $250 Million Senior Unsecured Revolving Line Of Credit ("Line of Credit") [Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	2.25%
Maximum [Member] | $250 Million Unsecured Term Loan ("First Term Loan") [Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	2.20%
Maximum [Member] | $300 Million Senior Unsecured Term Loan Agreement ("Second Term Loan")[Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	2.25%
Maximum [Member] | $200 Million Senior Unsecured Term Loan Agreement ("Third Term Loan")[Member]
Short-term Debt [Line Items]
Basis spread on variable rate (in hundredths)	2.20%

Debt (Capitalized Interest and

Debt (Capitalized Interest and Deferred Financing Costs) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Debt Disclosure [Abstract]
Capitalized interest	$ 37	$ 206	$ 74	$ 304
Amortization of deferred costs	$ 560	$ 443	$ 1,134	$ 872

Debt (New Debt_Refinance Narrat

Debt (New Debt/Refinance Narrative) (Details) - USD ($)	3 Months Ended
	Jun. 30, 2019	Jul. 25, 2019	Jun. 07, 2019	Apr. 13, 2018	Jan. 31, 2018
Debt Instrument [Line Items]
Debt instrument, face amount	$ 950,900,000
Hyatt Union Square, New York, NY [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			$ 56,000,000
Annapolis Waterfront Hotel, MD [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 28,000,000
Derivative, cap interest rate	3.35%
Annapolis Waterfront Hotel, MD [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in hundredths)	2.65%
Derivative, cap interest rate	6.00%
Capitol Hill Hotel, Washington, D.C. [Member]
Debt Instrument [Line Items]
Debt instrument, face amount					$ 25,000,000
Subsequent Event [Member] | Hilton Garden Inn Tribeca, New York, NY [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		$ 45,000,000
Interest Rate Swap [Member] | Subsequent Event [Member] | Hilton Garden Inn Tribeca, New York, NY [Member]
Debt Instrument [Line Items]
Interest rate		4.02%

Leases (Narrative) (Details)

Leases (Narrative) (Details) $ in Thousands	Jun. 30, 2019USD ($)lease	Jan. 01, 2019USD ($)
Lessee, Lease, Description [Line Items]
Right of use asset	$ 45,990
Lease liability	$ 54,861
Accounting Standards Update 2016-02 [Member]
Lessee, Lease, Description [Line Items]
Right of use asset		$ 55,515
Lease liability		$ 55,515
Land [Member]
Lessee, Lease, Description [Line Items]
Number of lease agreements | lease	5
Building [Member]
Lessee, Lease, Description [Line Items]
Number of lease agreements | lease	2

Leases (Lease Costs) (Details)

Leases (Lease Costs) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Lessee, Lease, Description [Line Items]
Operating lease costs	$ 1,094	$ 2,188
Variable lease costs	229	437
Total lease costs	1,323	2,625
Land [Member]
Lessee, Lease, Description [Line Items]
Operating lease costs	973	1,946
Variable lease costs	141	278
Total lease costs	1,114	2,224
Building [Member]
Lessee, Lease, Description [Line Items]
Operating lease costs	121	242
Variable lease costs	88	159
Total lease costs	$ 209	$ 401

Leases (Other Information) (Det

Leases (Other Information) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jan. 01, 2019
Leases [Abstract]
Cash paid from operating cash flow for operating leases	$ 2,364
Weighted average remaining lease term	64 years 2 months 12 days	64 years 2 months 12 days
Weighted average discount rate	7.85%

Leases (Future Minimum Payments

Leases (Future Minimum Payments) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Leases [Abstract]
July 1, 2019 to December 31, 2019	$ 2,295
2020	4,638
2021	4,705
2022	4,167
2023	4,149
Thereafter	270,978
Total undiscounted lease payments	290,932
Less imputed interest	(236,071)
Lease liability	$ 54,861
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2019		$ 4,585
2020		4,638
2021		4,705
2022		4,167
2023		4,149
Thereafter		270,978
Total		$ 293,222

Commitments And Contingencies_2

Commitments And Contingencies And Related Party Transactions (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)hotel	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
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	$ 3,949,000	$ 3,457,000	$ 6,942,000	$ 6,146,000
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
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	315,000	312,000	631,000	607,000
Information technology fees	102,000	101,000	$ 203,000	197,000
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	989,000	411,000	$ 1,513,000	923,000
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	80,000	63,000	$ 214,000	130,000
Charges for capital expenditure purchases	3,882,000	459,000	4,417,000	957,000
Capital expenditures included in accounts payable			$ 0		$ 0
Lessee Disclosure [Abstract]
Number of hotel properties | hotel			2
Due from Related Parties, Unclassified [Abstract]
Due from related parties	5,747,000		$ 5,747,000		3,294,000
Due to Related Parties [Abstract]
Due to related parties	0		0		$ 0
Franchise [Member]
Franchise Agreements [Abstract]
Franchise fee expense	$ 6,508,000	$ 6,330,000	$ 11,483,000	$ 10,995,000
Executive Officer [Member]
Lessee Disclosure [Abstract]
Ownership percentage in related party	70.00%		70.00%
Lease Agreements [Member] | Executive Officer [Member]
Lessee Disclosure [Abstract]
Term of lease	5 years		5 years

Fair Value Measurements And D_3

Fair Value Measurements And Derivative Instruments (Fair Value Of Interest Rate Swaps And Caps) (Details) - USD ($)	Mar. 23, 2017	Jun. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Estimated Fair Value		$ (3,640,000)	$ 4,678,000
Interest Rate Swap [Member] | Unsecured Credit Facility November 3, 2016 [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		1.011%
Index		2.20%
Effective Date		Nov. 3, 2016
Derivative Contract Maturity Date		Oct. 3, 2019
Notional Amount		$ 150,000,000
Estimated Fair Value		$ 473,000	1,741,000
Interest Rate Swap [Member] | Unsecured Credit Facility April 3, 2017 [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		1.694%
Index		2.20%
Effective Date		Apr. 3, 2017
Derivative Contract Maturity Date		Oct. 3, 2019
Notional Amount		$ 50,000,000
Estimated Fair Value		$ 66,000	320,000
Interest Rate Swap [Member] | Unsecured Credit Facility August 10, 2017 [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	3.693%	1.866%
Index		2.25%
Effective Date	Aug. 10, 2017	Aug. 10, 2017
Derivative Contract Maturity Date	Aug. 10, 2020	Aug. 10, 2020
Notional Amount	$ 300,000,000	$ 300,000,000
Estimated Fair Value		$ (999,000)	2,287,000
Interest Rate Swap [Member] | Unsecured Credit Facility January 10, 2019 [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		2.654%
Index		2.20%
Effective Date		Jan. 10, 2019
Derivative Contract Maturity Date		Jan. 10, 2021
Notional Amount		$ 103,500
Estimated Fair Value		$ (1,420,000)	(314,000)
Interest Rate Swap [Member] | Unsecured Credit Facility August 10, 2018 [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	4.1155%
Interest Rate Swap [Member] | Unsecured Credit Facility August 12, 2019 [Member]
Derivatives, Fair Value [Line Items]
Strike Rate	4.3925%
Interest Rate Swap [Member] | Hilton Garden Inn 52nd Street, New York, NY [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		1.60%
Index		2.90%
Effective Date		Feb. 24, 2017
Derivative Contract Maturity Date		Feb. 24, 2020
Notional Amount		$ 44,325,000
Estimated Fair Value		$ 108,000	479,000
Interest Rate Swap [Member] | Courtyard, LA Westside, Culver City, CA [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		1.683%
Index		2.75%
Effective Date		Aug. 1, 2017
Derivative Contract Maturity Date		Aug. 1, 2020
Notional Amount		$ 35,000,000
Estimated Fair Value		$ 54,000	458,000
Interest Rate Swap [Member] | Hyatt Union Square, New York, NY [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		1.87%
Index		2.30%
Effective Date		Jun. 7, 2019
Derivative Contract Maturity Date		Jun. 7, 2023
Notional Amount		$ 56,000,000
Estimated Fair Value		$ (504,000)	0
Interest Rate Swap [Member] | Unsecured Credit Facility January 10, 2019 [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		2.654%
Index		2.20%
Effective Date		Jan. 10, 2019
Derivative Contract Maturity Date		Jan. 10, 2021
Notional Amount		$ 103,500
Estimated Fair Value		$ (1,420,000)	(315,000)
Interest Rate Cap [Member] | Annapolis Waterfront Hotel, MD [Member]
Derivatives, Fair Value [Line Items]
Strike Rate		3.35%
Index		2.65%
Effective Date		May 1, 2018
Derivative Contract Maturity Date		May 1, 2021
Notional Amount		$ 28,000,000
Estimated Fair Value		$ 2,000	$ 22,000

Fair Value Measurements And D_4

Fair Value Measurements And Derivative Instruments (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Gain (loss) on fair value of derivative instruments	$ (5,234)	$ 707	$ (8,155)	$ 4,340
Unrealized gain (loss) reclassified from accumulated other comprehensive income to interest expense	1,112	$ 745	2,253	$ 1,019
Loss to be reclassified to interest expense during next 12 months	2,055		2,055
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Derivatives, Fair Value [Line Items]
Carrying value and estimated fair value of debt	1,119,402		1,119,402		$ 1,093,031
Estimate of Fair Value, Fair Value Disclosure [Member]
Derivatives, Fair Value [Line Items]
Carrying value and estimated fair value of debt	$ 1,112,088		$ 1,112,088		$ 1,082,485

Share Based Payments (Narrative

Share Based Payments (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2018	Jun. 03, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Mar. 06, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
LTIP unit issuance (in shares)					0
Stock based compensation expense			$ 3,474	$ 3,123	$ 5,432	$ 4,729
Unearned Compensation	$ 3,027		5,658		$ 5,658
Shares issued (in shares)					1,185,422
Short Term Incentive Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards earned, percent in cash							50.00%
Awards earned, percent in equity awards							50.00%
Stock based compensation expense			2,145	1,831	$ 3,545	2,617
Unearned Compensation	3,027		5,658		5,658
Multi-Year LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense			470	337	690	889
Unearned Compensation	2,200		$ 3,591		$ 3,591
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)					32,020
Multi-year LTIP Trustee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense			$ 35	26	$ 70	53
Unearned Compensation	298		228		228
Restricted Common Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense			374	459	630	649
Restricted Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unearned Compensation	829		635		$ 635
Shares issued (in shares)					173,078
Board Fee Compensation [Member] | Multi-year LTIP Trustee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense			$ 48	50	$ 95	101
Percentage premium on retainer equity option (in hundredths)			25.00%		25.00%
Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense			$ 402	$ 420	$ 402	$ 420
Shares issued (in shares)		23,333
Weighted Average Share Price (in dollars per share)		$ 17.22
Issued 12-31-2018 [Member] | Multi-year LTIP Trustee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unearned Compensation	158		$ 132		$ 132
Shares issued (in shares)					9,000
Weighted Average Share Price (in dollars per share)			$ 17.54		$ 17.54
Issued 12-31-2018 [Member] | Board Fee Compensation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unearned Compensation	$ 191		$ 95		$ 95
Shares issued (in shares)	10,863				10,863

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, 2019	Dec. 31, 2018
Unvested Share Awards [Abstract]
Shares issued (in shares)	1,185,422
Shares vested (in shares)	300,841	236,258
Unearned Compensation	$ 5,658	$ 3,027
Vesting schedule (in hundredths)	25.00%
Multi-Year LTIP [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	32,020
Shares vested (in shares)	16,009	0
Unearned Compensation	$ 3,591	$ 2,200
Issued 3-21-2019 [Member] | 2018 Annual Long Term Equity Incentive Program (2018 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)	$ 18
Shares issued (in shares)	498,261
Vesting Period	3 years
Shares vested (in shares)	64,583	0
Unearned Compensation	$ 3,977	$ 0
Issued 3-21-2019 [Member] | 2018 Annual Long Term Equity Incentive Program (2018 Annual EIP) [Member] | LTIP Units [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	239,918
Vesting Period	2 years
Issued 3-21-2019 [Member] | Share-based Compensation Award, Tranche One [Member] | 2018 Annual Long Term Equity Incentive Program (2018 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-21-2019 [Member] | Share-based Compensation Award, Tranche Two [Member] | 2018 Annual Long Term Equity Incentive Program (2018 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-21-2019 [Member] | Share-based Compensation Award, Tranche Three [Member] | 2018 Annual Long Term Equity Incentive Program (2018 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-28-2018 [Member] | 2017 Annual Long Term Equity Incentive Program (2017 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)	$ 17.91
Shares issued (in shares)	564,434
Vesting Period	3 years
Shares vested (in shares)	144,216	144,216
Unearned Compensation	$ 1,605	$ 2,875
Issued 3-28-2018 [Member] | 2017 Annual Long Term Equity Incentive Program (2017 Annual EIP) [Member] | LTIP Units [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	276,000
Vesting Period	2 years
Issued 3-28-2018 [Member] | Share-based Compensation Award, Tranche One [Member] | 2017 Annual Long Term Equity Incentive Program (2017 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-28-2018 [Member] | Share-based Compensation Award, Tranche Two [Member] | 2017 Annual Long Term Equity Incentive Program (2017 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-28-2018 [Member] | Share-based Compensation Award, Tranche Three [Member] | 2017 Annual Long Term Equity Incentive Program (2017 Annual EIP) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-28-2017 [Member] | 2016 Annual Long Term Equity Incentive Program (“2016 Annual EIP”) [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)	$ 18.53
Shares issued (in shares)	122,727
Vesting Period	3 years
Shares vested (in shares)	92,042	92,042
Unearned Compensation	$ 76	$ 152
Issued 3-28-2017 [Member] | Share-based Compensation Award, Tranche One [Member] | 2016 Annual Long Term Equity Incentive Program (“2016 Annual EIP”) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-28-2017 [Member] | Share-based Compensation Award, Tranche Two [Member] | 2016 Annual Long Term Equity Incentive Program (“2016 Annual EIP”) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Issued 3-28-2017 [Member] | Share-based Compensation Award, Tranche Three [Member] | 2016 Annual Long Term Equity Incentive Program (“2016 Annual EIP”) [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Compensation Committee Approval Date March 6, 2019 [Member] | 2019 Multi-Year Long Term Equity Incentive Program (2019 Multi-Year EIP) [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)	$ 10.08
Shares issued (in shares)	0
Performance period	1/1/2019 to 12/31/2021
Shares vested (in shares)	0	0
Unearned Compensation	$ 1,830	$ 0
Compensation Committee Approval Date March 8, 2018 [Member] | 2018 Multi-Year Long Term Equity Incentive Program (2018 Multi-Year EIP) [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)	$ 11.06
Shares issued (in shares)	0
Performance period	1/1/2018 to 12/31/2020
Shares vested (in shares)	0	0
Unearned Compensation	$ 1,089	$ 1,306
Compensation Committee Approval Date March 10, 2017 [Member] | 2017 Multi-Year Long Term Equity Incentive Program (“2017 Multi-Year EIP”) [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)	$ 9.25
Shares issued (in shares)	0
Performance period	1/1/2017 to 12/31/2019
Shares vested (in shares)	0	0
Unearned Compensation	$ 449	$ 598
Compensation Committee Approval Date March 17, 2016 [Member] | 2016 Multi-Year Long Term Equity Incentive Program (“2016 Multi-Year EIP”) [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)	$ 11.25
Shares issued (in shares)	32,020
Performance period	1/1/2016 to 12/31/2018
Shares vested (in shares)	16,009	0
Unearned Compensation	$ 223	$ 296

Share Based Payments (Summary_2

Share Based Payments (Summary Of Unvested Share Awards Issued To Trustees) (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2018	Jun. 30, 2019
Unvested Share Awards [Abstract]
Shares issued (in shares)		1,185,422
Vesting schedule (in hundredths)		25.00%
Shares vested (in shares)	236,258	300,841
Unearned Compensation	$ 3,027	$ 5,658
Board Fee Compensation [Member] | Issued 12-31-2018 [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	10,863	10,863
Share price on date of grant (in dollars per share)		$ 17.54
Vesting Period		12 months
Vesting schedule (in hundredths)		100.00%
Unearned Compensation	$ 191	$ 95
Multi-year LTIP Trustee [Member]
Unvested Share Awards [Abstract]
Shares vested (in shares)	6,335	6,335
Unearned Compensation	$ 298	$ 228
Multi-year LTIP Trustee [Member] | Issued 12-31-2018 [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)		$ 17.54
Shares issued (in shares)		9,000
Vesting Period		3 years
Shares vested (in shares)	0	0
Unearned Compensation	$ 158	$ 132
Multi-year LTIP Trustee [Member] | Issued 12-29-2017 [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)		$ 17.40
Shares issued (in shares)		9,000
Vesting Period		3 years
Shares vested (in shares)	3,000	3,000
Unearned Compensation	$ 104	$ 78
Multi-year LTIP Trustee [Member] | Issued 12-30-2016 [Member]
Unvested Share Awards [Abstract]
Weighted Average Share Price (in dollars per share)		$ 21.50
Shares issued (in shares)		5,000
Vesting Period		3 years
Shares vested (in shares)	3,335	3,335
Unearned Compensation	$ 36	$ 18
Share-based Compensation Award, Tranche One [Member] | Multi-year LTIP Trustee [Member] | Issued 12-31-2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche One [Member] | Multi-year LTIP Trustee [Member] | Issued 12-29-2017 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche One [Member] | Multi-year LTIP Trustee [Member] | Issued 12-30-2016 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche Two [Member] | Multi-year LTIP Trustee [Member] | Issued 12-31-2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche Two [Member] | Multi-year LTIP Trustee [Member] | Issued 12-29-2017 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche Two [Member] | Multi-year LTIP Trustee [Member] | Issued 12-30-2016 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche Three [Member] | Multi-year LTIP Trustee [Member] | Issued 12-31-2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche Three [Member] | Multi-year LTIP Trustee [Member] | Issued 12-29-2017 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%
Share-based Compensation Award, Tranche Three [Member] | Multi-year LTIP Trustee [Member] | Issued 12-30-2016 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)		33.33%

Share Based Payments (Summary_3

Share Based Payments (Summary Of Unvested Share Awards Issued To Employee and Nonemployees) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Unvested Share Awards [Abstract]
Shares issued (in shares)	1,185,422
Vesting schedule (in hundredths)	25.00%
Shares vested (in shares)	300,841	236,258
Unearned Compensation	$ 5,658	$ 3,027
Restricted Share Awards [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	173,078
Vesting schedule (in hundredths)	25.00%
Shares vested (in shares)	134,850	70,063
Unearned Compensation	$ 635	$ 829
Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	31,508
Shares vested (in shares)	8,344	0
Unearned Compensation	$ 334	$ 0
Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	54,676
Shares vested (in shares)	43,131	2,189
Unearned Compensation	$ 239	$ 641
Restricted Share Awards [Member] | Original Year of Issuance Date 2017 [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	41,897
Vesting Period	2 years
Shares vested (in shares)	38,378	24,111
Unearned Compensation	$ 62	$ 174
Restricted Share Awards [Member] | Original Year of Issuance Date 2016 [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	29,294
Vesting Period	2 years
Shares vested (in shares)	29,294	29,294
Unearned Compensation	$ 0	$ 0
Restricted Share Awards [Member] | Original Year of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Shares issued (in shares)	15,703
Share price on date of grant (in dollars per share)	$ 28.09
Shares vested (in shares)	15,703	14,469
Unearned Compensation	$ 0	$ 14
Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2017 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2016 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2017 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2016 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Minimum [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Share price on date of grant (in dollars per share)	$ 16.61
Vesting Period	0 years
Minimum [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Share price on date of grant (in dollars per share)	$ 17.91
Vesting Period	1 year
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)	$ 18.47
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]
Vesting Period	2 years
Minimum [Member] | Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Minimum [Member] | Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Minimum [Member] | Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Minimum [Member] | Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Minimum [Member] | Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Minimum [Member] | Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Minimum [Member] | Share-based Compensation Award, Tranche Three [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Minimum [Member] | Share-based Compensation Award, Tranche Three [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Minimum [Member] | Share-based Compensation Award, Tranche Three [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Minimum [Member] | Share-Based Compensation Award, Tranche Four [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	25.00%
Maximum [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Share price on date of grant (in dollars per share)	$ 18
Vesting Period	2 years
Maximum [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Share price on date of grant (in dollars per share)	$ 22.65
Vesting Period	4 years
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]
Vesting Period	4 years
Maximum [Member] | Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	100.00%
Maximum [Member] | Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	100.00%
Maximum [Member] | Share-based Compensation Award, Tranche One [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Maximum [Member] | Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	100.00%
Maximum [Member] | Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	100.00%
Maximum [Member] | Share-based Compensation Award, Tranche Two [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Maximum [Member] | Share-based Compensation Award, Tranche Three [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2019 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	100.00%
Maximum [Member] | Share-based Compensation Award, Tranche Three [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	100.00%
Maximum [Member] | Share-based Compensation Award, Tranche Three [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2015 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	50.00%
Maximum [Member] | Share-Based Compensation Award, Tranche Four [Member] | Restricted Share Awards [Member] | Original Year of Issuance Date 2018 [Member]
Unvested Share Awards [Abstract]
Vesting schedule (in hundredths)	100.00%

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Basic and Diluted
Net Income (Loss)		$ 5,559	$ 11,837	$ (2,323)	$ 2,689
(Income) Loss allocated to Noncontrolling Interests		41	700	1,264	1,804
Distributions to Preferred Shareholders		(6,043)	(6,043)	(12,087)	(12,087)
Dividends Paid on Unvested Restricted Shares and LTIP Units		(271)	(189)	(553)	(392)
Net (Loss) Income applicable to Common Shareholders		$ (714)	$ 6,305	$ (13,699)	$ (7,986)
DENOMINATOR:
Weighted average number of common shares - basic (in shares)		39,127,385	39,246,946	39,121,421	39,440,481
Effect of dilutive securities:
Restricted stock awards and LTIP units (unvested) (in shares)		0	407,471	0	0
Contingently issued shares and units (in shares)		0	271,682	0	0
Weighted average number of common shares - diluted (in shares)	[1]	39,127,385	39,926,099	39,121,421	39,440,481
[1]	Income (Loss) 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 (loss) applicable to common shareholders.

Cash Flow Disclosures And Non_3

Cash Flow Disclosures And Non Cash Investing And Financing Activities (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Supplemental Cash Flow Elements [Abstract]
Interest paid	$ 27,802	$ 23,165
Cash paid for income taxes	$ 466	$ 1,127

Cash Flow Disclosures And Non_4

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, 2019	Jun. 30, 2018
Noncash Investing and Financing Items [Abstract]
Common Shares issued as part of the Dividend Reinvestment Plan	$ 42	$ 37
Acquisition of hotel properties:
Deposit paid in prior period towards acquisition which closed in current period	0	1,000
Conversion of note payable and accrued interest to non-controlling interest	0	3,386
Conversion of Common Units to Common Shares	0	772
Issuance of share based payments	12,119	12,740
Accrued payables for capital expenditures placed into service	1,268	1,369
Cumulative Effect on Equity from the Adoption of ASC Subtopic 610-20	0	129,021
Adjustment to Record Noncontrolling Interest at Redemption Value	148	0
Adjustment to Record Right of Use Asset & Lease Liability	55,515	0
Amortization related to Right of Use Asset & Lease Liability	$ 654	$ 0

Cash Flow Disclosures And Non_5

Cash Flow Disclosures And Non Cash Investing And Financing Activities (Reconciliation of Cash) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Cash and Cash Equivalents	$ 36,780	$ 32,598	$ 46,869
Escrowed cash	10,767	8,185	7,063
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$ 47,547	$ 40,783	$ 53,932	$ 25,586

Uncategorized Items - ht6302019

Label	Element	Value
AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	$ 3,749,000
Common Stock [Member]
Stockholders' Equity, Including Portion Attributable To Noncontrolling Interest, Shares, Adjusted Balance	ht_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestSharesAdjustedBalance	39,916,661
Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable To Noncontrolling Interest, Shares, Adjusted Balance	ht_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestSharesAdjustedBalance	14,701,700
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	$ 147,000
Accumulated Distributions in Excess of Net Income [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	(212,145,000)
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	123,228,000
Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	1,164,946,000
Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	957,096,000
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 123,228,000
Noncontrolling Interests Common Units And Ltip Units [Member]
Stockholders' Equity, Including Portion Attributable To Noncontrolling Interest, Shares, Adjusted Balance	ht_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestSharesAdjustedBalance	3,223,366
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	$ 60,079,000
Total Equity Less Consolidated Joint Venture [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	1,017,175,000
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	129,021,000
Joint Venture Partner [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	0
Common Class B [Member] | Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	0
Common Class A [Member] | Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	$ 399,000