Hersha Hospitality Trust (HT) 10-Q 7 May 20 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2020	May 07, 2020
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	001-14765
Entity Registrant Name	HERSHA HOSPITALITY TRUST
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
Entity Central Index Key	0001063344
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Class A Common Shares
Entity Information [Line Items]
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)		38,714,406
Series C Preferred Shares
Entity Information [Line Items]
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
Entity Information [Line Items]
Title of 12(b) Security	6.500% 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
Entity Information [Line Items]
Title of 12(b) Security	6.500% 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
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets:
Investment in Hotel Properties, Net of Accumulated Depreciation	$ 1,924,257	$ 1,975,973
Investment in Unconsolidated Joint Ventures	8,028	8,446
Cash and Cash Equivalents	23,936	27,012
Escrow Deposits	8,641	9,973
Hotel Accounts Receivable	3,963	9,213
Due from Related Parties	1,797	6,113
Intangible Assets, Net of Accumulated Amortization of $6,693 and $6,545	1,989	2,137
Right of Use Assets	45,075	45,384
Other Assets	39,482	38,177
Assets Held-for-sale, Not Part of Disposal Group	41,193	0
Total Assets	2,098,361	2,122,428
Liabilities and Equity:
Line of Credit	70,000	48,000
Unsecured Term Loans, Net of Unamortized Deferred Financing Costs (Note 5)	697,390	697,183
Unsecured Notes Payable, Net of Unamortized Deferred Financing Costs (Note 5)	50,750	50,736
Mortgages Payable, Net of Unamortized Premium and Unamortized Deferred Financing Costs	331,982	332,280
Lease Liabilities	54,386	54,548
Accounts Payable, Accrued Expenses and Other Liabilities	74,699	47,626
Dividends and Distributions Payable	0	17,058
Total Liabilities	1,279,207	1,247,431
Redeemable Noncontrolling Interests - Consolidated Joint Venture (Note 1)	3,196	3,196
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 March 31, 2020 and December 31, 2019, with Liquidation Preferences of $25.00 Per Share (Note 1)	147	147
Accumulated Other Comprehensive (Loss) Income	(26,411)	1,010
Additional Paid-in Capital	1,145,450	1,144,808
Distributions in Excess of Net Income	(362,777)	(338,695)
Total Shareholders' Equity	756,796	807,657
Noncontrolling Interests (Note 1)	59,162	64,144
Total Equity	815,958	871,801
Total Liabilities and Equity	2,098,361	2,122,428
Class A Common Shares
Shareholders' Equity:
Common Shares	387	387
Class B Common Shares
Shareholders' Equity:
Common Shares	$ 0	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets:
Intangible assets, accumulated amortization	$ 6,693	$ 6,545
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 - Outstanding (in shares)	14,703,214	14,703,214
Series C, D and E Preferred Shares
Shareholders' Equity:
Preferred Shares - Liquidation Preference Value (in dollars per share)	$ 25	$ 25
Series C Preferred Shares
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
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
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
Shareholders' Equity:
Preferred Shares - Outstanding (in shares)	38,673,242	38,652,650
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)	38,673,242	38,652,650
Class B Common Shares
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
		Mar. 31, 2020	Mar. 31, 2019
Revenue:
Other Revenues		$ 199	$ 150
Total Revenues		90,137	114,793
Operating Expenses:
Hotel Ground Rent		1,063	1,110
Real Estate and Personal Property Taxes and Property Insurance		9,942	9,397
General and Administrative (including Share Based Payments of $2,456 and $1,958 for the three months ended March 31, 2020 and 2019, respectively)		5,834	5,600
Depreciation and Amortization		24,188	24,128
Total Operating Expenses		106,546	115,346
Operating Loss		(16,409)	(553)
Interest Income		36	83
Interest Expense		(13,007)	(12,898)
Other (Expense) Income		(72)	41
Loss Before Results from Unconsolidated Joint Venture Investments and Income Taxes		(29,452)	(13,327)
(Loss) Income from Unconsolidated Joint Ventures		(1,018)	181
Loss Before Income Taxes		(30,470)	(13,146)
Income Tax Benefit		4,498	5,264
Net Loss		(25,972)	(7,882)
Preferred Distributions		(6,044)	(6,044)
Net Loss Applicable to Common Shareholders		$ (29,119)	$ (13,003)
BASIC
Loss from Continuing Operations Applicable to Common Shareholders (in dollars per share)		$ (0.76)	$ (0.34)
DILUTED
Loss from Continuing Operations Applicable to Common Shareholders (in dollars per share)		$ (0.76)	$ (0.34)
Weighted Average Common Shares Outstanding:
Basic (in shares)		38,564,099	39,115,390
Diluted (in shares)	[1]	38,564,099	39,115,390
Noncontrolling Interests Common Units And LTIP Units
Operating Expenses:
Net Loss		$ (2,897)	$ (1,063)
(Income) Loss Allocated to Noncontrolling Interests		2,897	1,063
Consolidated Joint Ventures
Operating Expenses:
Net Loss			(300)
(Income) Loss Allocated to Noncontrolling Interests		0	(140)
Room
Revenue:
Hotel Operating Revenues:		71,083	91,485
Operating Expenses:
Hotel Operating Expenses		19,092	22,090
Food and Beverage
Revenue:
Hotel Operating Revenues:		10,075	14,228
Operating Expenses:
Hotel Operating Expenses		10,621	12,832
Other Operating
Revenue:
Hotel Operating Revenues:		8,780	8,930
Operating Expenses:
Hotel Operating Expenses		$ 35,806	$ 40,189
[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
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Share based payments	$ 2,456	$ 1,958
Antidilutive securities excluded from computation of earnings per share (in shares)	4,936,387	4,077,543
Common Units and Vested LTIP Units
Antidilutive securities excluded from computation of earnings per share (in shares)	3,838,745	3,308,612
Unvested Stock Awards and LTIP Units Outstanding
Antidilutive securities excluded from computation of earnings per share (in shares)	180,704	124,312
Contingently Issuable Share Awards
Antidilutive securities excluded from computation of earnings per share (in shares)	916,938	644,619

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net Loss	$ (25,972)	$ (7,882)
Other Comprehensive Loss
Change in Fair Value of Derivative Instruments	(31,126)	(1,717)
Less:  Reclassification Adjustment for Change in Fair Value of Derivative Instruments Included in Net Income	977	(1,204)
Total Other Comprehensive Loss	(30,149)	(2,921)
Comprehensive Loss	(56,121)	(10,803)
Less:  Preferred Distributions	(6,044)	(6,044)
Comprehensive Loss Attributable to Common Shareholders	(56,540)	(15,696)
Noncontrolling Interests Common Units And LTIP Units
Net Loss	(2,897)	(1,063)
Other Comprehensive Loss
Less: Comprehensive (Income) Loss Attributable to Noncontrolling Interests	5,625	1,291
Consolidated Joint Ventures
Net Loss		(300)
Other Comprehensive Loss
Less: Comprehensive (Income) Loss Attributable to Noncontrolling Interests	$ 0	$ (140)

Consolidated Statements Of Equi

Consolidated Statements Of Equity - USD ($) $ in Thousands	Total	Common Shares	Common SharesClass A Common Shares	Common SharesClass B Common Shares	Preferred Shares	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Distributions in Excess of Net Income	Total Shareholders' Equity	Noncontrolling Interests Common Units And LTIP Units	Total Equity	Consolidated Joint Ventures
Balance (in shares) at Dec. 31, 2018		39,458,626			14,703,214					3,749,665
Balance at Dec. 31, 2018			$ 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]
Dividend Reinvestment Plan (in shares)		1,265
Dividend Reinvestment Plan	$ 21					$ 21			21		21
Change in Fair Value of Derivative Instruments	(2,921)						(2,693)		(2,693)	(228)	(2,921)
Net Income (loss)	(7,882)							(6,519)	$ (6,519)	(1,063)	$ (7,582)	(300)
Repurchase of Common Shares (in shares)		(273,538)				(4,693,000)			(4,696,000)		(4,696,000)
Repurchase of Common Shares			(3)
Dividends and Distributions declared:
Common Shares								(10,979)	$ (10,979)		$ (10,979)
Preferred Shares								(6,044)	(6,044)		(6,044)
Common Units										(578)	(578)
LTIP Units										(743)	(743)
Share Based Compensation:
Amortization						$ 690			690	$ 5,410	6,100
Grants (in shares)		26,916								530,281
Equity Contribution to Consolidated Joint Venture												300
Adjustment to Record Noncontrolling Interest at Redemption Value	(140)					(140)			(140)		(140)	140
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
Balance (in shares) at Dec. 31, 2019		38,652,650			14,703,214					4,279,946
Balance at Dec. 31, 2019	871,801		387	0	$ 147	1,144,808	1,010	(338,695)	807,657	$ 64,144	871,801	3,196
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividend Reinvestment Plan (in shares)		1,094
Dividend Reinvestment Plan	14					14			14		14
Change in Fair Value of Derivative Instruments	(30,149)						(27,421)		(27,421)	(2,728)	(30,149)
Net Income (loss)	(25,972)							(23,075)	(23,075)	(2,897)	(25,972)
Dividends and Distributions declared:
Preferred Shares								(1,007)	(1,007)		(1,007)
Share Based Compensation:
Amortization						628			628	$ 643	1,271
Grants (in shares)		19,498
Adjustment to Record Noncontrolling Interest at Redemption Value	0
Balance (in shares) at Mar. 31, 2020		38,673,242			14,703,214					4,279,946
Balance at Mar. 31, 2020	$ 815,958		$ 387	$ 0	$ 147	$ 1,145,450	$ (26,411)	$ (362,777)	$ 756,796	$ 59,162	$ 815,958	$ 3,196

Consolidated Statements Of Eq_2

Consolidated Statements Of Equity (Parenthetical)	3 Months Ended
	Mar. 31, 2019$ / shares
Dividends [Abstract]
Common Shares, Dividends declared (in dollars per share)	$ 0.28
Common Units, Distributions declared (in dollars per share)	0.28
LTIP Units, Distribution Per Unit (in dollars per share)	$ 0.28

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating Activities:
Net Loss	$ (25,972)	$ (7,882)
Adjustments to Reconcile Net Loss to Net Cash Provided by Operating Activities:
Deferred Taxes	(4,539)	(5,258)
Depreciation	24,071	23,951
Amortization	566	590
Equity in Loss (Income) of Unconsolidated Joint Ventures	1,018	(181)
Distributions from Unconsolidated Joint Ventures	0	853
Loss Recognized on Change in Fair Value of Derivative Instrument	977	72
Share Based Compensation Expense	2,456	1,958
(Increase) Decrease in:
Hotel Accounts Receivable	5,250	(1,930)
Other Assets	81	(170)
Due from Related Parties	4,316	(2,657)
(Decrease) Increase in:
Accounts Payable, Accrued Expenses and Other Liabilities	(4,621)	(3,344)
Net Cash Provided by Operating Activities	3,603	6,002
Investing Activities:
Capital Expenditures	(10,979)	(8,710)
Cash Paid for Hotel Development Projects	28	(77)
Contributions to Unconsolidated Joint Ventures	(600)	0
Distributions from Unconsolidated Joint Ventures	0	647
Net Cash Used in Investing Activities	(11,551)	(8,140)
Financing Activities:
Borrowings Under Line of Credit, Net	22,000	27,000
Principal Repayment of Mortgages and Notes Payable	(390)	(467)
Cash Paid for Deferred Financing Costs	0	(25)
Repurchase of Common Shares	0	(4,624)
Dividends Paid on Common Shares	(10,809)	(11,022)
Dividends Paid on Preferred Shares	(6,044)	(6,044)
Distributions Paid on Common Units and LTIP Units	(1,198)	(1,173)
Other Financing Activities	(19)	(71)
Net Cash Used in Financing Activities	3,540	3,574
Net (Decrease) Increase in Cash, Cash Equivalents, and Restricted Cash	(4,408)	1,436
Cash, Cash Equivalents, and Restricted Cash - Beginning of Period	36,985	40,783
Cash, Cash Equivalents, and Restricted Cash - End of Period	$ 32,577	$ 42,219

Investment In Unconsolidated Jo

Investment In Unconsolidated Joint Ventures	3 Months Ended
	Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
Investment In Unconsolidated Joint Ventures	As of March 31, 2020 and December 31, 2019, our investment in unconsolidated joint ventures consisted of the following:  Percent Joint Venture Hotel Properties Owned March 31, 2020 December 31, 2019  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 % 1,032 1,434 SB Partners, LLC Holiday Inn Express, South Boston, MA 50.0 % — — SB Partners Three, LLC Home2 Suites, South Boston, MA 50.0 % 6,996 7,012  $ 8,028 $ 8,446 On January 3, 2020, we entered into an agreement with our joint venture partner to purchase our membership interests in Hiren Boston, LLC and SB Partners, LLC. Net proceeds from the sale of our interests are anticipated to be approximately $26,000 and this transaction is expected to close during the third quarter of 2020. 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 8.5%, 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 March 31, 2020, 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 months ended March 31, 2020 and 2019, for our investments in unconsolidated joint ventures is as follows:  Three Months Ended March 31,  2020 2019 Cindat Hersha Owner JV, LLC $ — $ — Hiren Boston, LLC (402) (177) SB Partners, LLC (600) 375 SB Partners Three, LLC (16) (17) (Loss) Income from Unconsolidated Joint Venture Investments $ (1,018) $ 181 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 March 31, 2020 and December 31, 2019 and for the three months ended March 31, 2020 and 2019. Balance Sheets  March 31, 2020 December 31, 2019 Assets Investment in Hotel Properties, Net $ 585,250 $ 579,287 Other Assets 25,248 33,891 Total Assets $ 610,498 $ 613,178  Liabilities and Equity Mortgages and Notes Payable $ 438,998 $ 430,282 Other Liabilities 17,854 19,185 Equity: Hersha Hospitality Trust 9,180 9,588 Joint Venture Partner(s) 145,195 154,998 Accumulated Other Comprehensive Loss (729) (875) Total Equity 153,646 163,711  Total Liabilities and Equity $ 610,498 $ 613,178 Statements of Operations  Three Months Ended March 31,  2020 2019 Room Revenue $ 11,344 $ 16,350 Other Revenue 807 621 Operating Expenses (8,348) (10,031) Lease Expense (183) (200) Property Taxes and Insurance (3,283) (3,051) General and Administrative (985) (1,207) Depreciation and Amortization (3,914) (3,660) Interest Expense (6,287) (7,147) Net Loss $ (10,849) $ (8,325) 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 March 31, 2020 and December 31, 2019.  March 31, 2020 December 31, 2019 Our share of equity recorded on the joint ventures' financial statements $ 9,180 $ 9,588 Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures (1) (1,152) (1,142) Investment in Unconsolidated Joint Ventures $ 8,028 $ 8,446 (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

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
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 March 31,  2020 2019 NUMERATOR: Basic and Diluted* Net Loss $ (25,972) $ (7,882) Loss allocated to Noncontrolling Interests 2,897 923 Distributions to Preferred Shareholders (6,044) (6,044) Dividends Paid on Unvested Restricted Shares and LTIP Units — (282) Net Loss applicable to Common Shareholders $ (29,119) $ (13,285)  DENOMINATOR: Weighted average number of common shares - basic 38,564,099 39,115,390 Effect of dilutive securities: Restricted Stock Awards and LTIP Units (unvested) — — Contingently Issued Shares and Units — — Weighted average number of common shares - diluted 38,564,099 39,115,390 * 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.

Basis Of Presentation

Basis Of Presentation	3 Months Ended
	Mar. 31, 2020
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 months ended March 31, 2020 are not necessarily indicative of the results that may be expected for the year ending December 31, 2020 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, 2019, which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, 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 March 31, 2020, we owned an approximate 90.0% 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”), 44 New England Management Company. All significant inter-company amounts have been eliminated. Consolidated properties are either wholly owned or owned less than 100% by the Partnership and are controlled by the Company as general partner of the Partnership. Properties owned in joint ventures are also consolidated if the determination is made that we are the primary beneficiary in a variable interest entity (“VIE”) or we maintain control of the asset through our voting interest in the entity. 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 three months ended March 31, 2020 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, 2019. 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 $59,162 as of March 31, 2020 and $64,144 as of December 31, 2019. As of March 31, 2020, there were 4,279,946 Common Units and LTIP Units outstanding with a fair market value of $15,322, 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 months ended March 31, 2020 and 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. Shareholders’ Equity Terms of the Series C, Series D, and Series E Preferred Shares outstanding at March 31, 2020 and December 31, 2019 are summarized as follows:  Dividend Per Share  Shares Outstanding Three Months Ended March 31, Series March 31, 2020 December 31, 2019 Aggregate Liquidation Preference Distribution Rate 2020 2019 Series C 3,000,000 3,000,000 $ 75,000 6.875 % — $ 0.4297 Series D 7,701,700 7,701,700 $ 192,500 6.500 % — $ 0.4063 Series E 4,001,514 4,001,514 $ 100,000 6.500 % — $ 0.4063 Total 14,703,214 14,703,214 Liquidity Due to the COVID-19 pandemic and the effects of travel restrictions both globally and in the United States, the hospitality industry has experienced drastic drops in demand. We have temporarily closed 19 of our hotels while our remaining hotels operate in a significantly reduced capacity. We believe the ongoing effects of the COVID-19 pandemic on our operations have had, and will continue to have a material negative impact on our financial results and liquidity, and such negative impact may continue beyond the containment of the pandemic. We cannot assure you that our assumptions used to estimate our liquidity requirements will be correct because we have not previously experienced such an abrupt and drastic reduction in hotel demand, and as a consequence, our ability to be predictive is uncertain. In addition, the magnitude, duration, and speed of the pandemic is uncertain. As a consequence, we cannot estimate the impact on our business, financial condition, or operating results with reasonable certainty, but we expect a net loss on a U.S. GAAP basis for the year ending December 31, 2020. On April 2, 2020, we amended our existing Credit Facility thereby securing $100,000 in available funds, of which we drew $25,000 during April 2020. Additionally, the amendment provided a waiver of covenants under our Credit Facility through March 31, 2021. Based on this amendment along with cost savings measures throughout our operations, we believe that we will be able to generate sufficient liquidity to satisfy our obligations for the next twelve months. At March 31, 2020, we were in compliance with all debt covenants related to our mortgage borrowings. After considering the effect of the COVID-19 pandemic on our consolidated operations, there is a possibility that we could fail certain debt service coverage ratio covenants within certain property-level mortgage borrowings. We are currently in negotiations with our mortgage lenders, seeking waivers of financial covenants on our property-level mortgages. We have received verbal confirmation from some of our mortgage lenders that covenant waivers will be granted. For those mortgage covenant waivers still under negotiations, the lenders' remedy of a covenant failure would be a requirement to escrow funds for the purpose of meeting our future debt payment obligations, with the exception of one mortgage borrowing. In this instance, the lender could require prepayment of the mortgage in full, however, we believe we would have sufficient available funds on our Credit Facility to accommodate this remedy of covenant default. Revenue Recognition 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. New Accounting Pronouncements

Investment In Hotel Properties

Investment In Hotel Properties	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Investment In Hotel Properties	Investment in hotel properties consists of the following at March 31, 2020 and December 31, 2019:   March 31, 2020 December 31, 2019  Land $ 505,156 $ 518,243 Buildings and Improvements 1,683,428 1,710,621 Furniture, Fixtures and Equipment 295,413 294,527 Construction in Progress 7,055 10,202  2,491,052 2,533,593  Less Accumulated Depreciation (566,795) (557,620)  Total Investment in Hotel Properties * $ 1,924,257 $ 1,975,973 * The net book value of investment in hotel property at Ritz Coconut Grove, which is a variable interest entity, is $44,602 and $44,854 at March 31, 2020 and December 31, 2019, respectively. Acquisitions For the three months ended March 31, 2020 and 2019, we acquired no hotel properties. Hotel Dispositions For the three months ended March 31, 2020 and 2019, we disposed of no hotel properties. Assets Held For Sale We have classified two assets as held for sale as of March 31, 2020. The sales of Duane Street Hotel and Blue Moon Hotel are expected to close in 2020 and are included as held for sale assets as of March 31, 2020. The table below shows the balances for the properties that were classified as assets held for sales as of March 31, 2020. March 31, 2020 Land $ 13,087 Buildings and Improvements 36,521 Furniture, Fixtures and Equipment 6,399 56,007 Less Accumulated Depreciation (14,814) Assets Held for Sale $ 41,193

Other Assets

Other Assets	3 Months Ended
	Mar. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets Other Assets consisted of the following at March 31, 2020 and December 31, 2019:  March 31, 2020 December 31, 2019  Derivative Asset $ — $ 2,514 Deferred Financing Costs 1,201 1,330 Prepaid Expenses 11,160 11,279 Investment in Statutory Trusts 1,548 1,548 Investment in Non-Hotel Property and Inventories 2,634 2,987 Deposits with Unaffiliated Third Parties 2,573 2,577 Deferred Tax Asset, Net of Valuation Allowance of $497 15,930 11,390 Property Insurance Receivable 1,788 1,788 Other 2,648 2,764  $ 39,482 $ 38,177 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. 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 $15,930 of net deferred tax assets as of March 31, 2020. 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 $15,930 of net deferred tax assets in the future. Property Insurance Receivable – This category represents the amount that we expect to receive from our insurance companies for reimbursement of costs incurred as a result of water damage at The Boxer.

Debt

Debt	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Debt	Mortgages Mortgages payable at March 31, 2020 and December 31, 2019 consisted of the following:  March 31, 2020 December 31, 2019 Mortgage Indebtedness $ 333,558 $ 333,948 Net Unamortized Premium 703 821 Net Unamortized Deferred Financing Costs (2,279) (2,489) Mortgages Payable $ 331,982 $ 332,280 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 2.99% to 6.30% as of March 31, 2020. Aggregate interest expense incurred under the mortgage loans payable totaled $3,485 and $3,990 during the three months ended March 31, 2020 and 2019, 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 March 31, 2020. As of March 31, 2020, the maturity dates for the outstanding mortgage loans ranged from January 2021 to September 2025. 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 $798 and $812 as of March 31, 2020 and December 31, 2019, respectively, in net deferred financing costs incurred as a result of entering into these indentures. The deferred financing costs are amortized over the life of the notes payable. The weighted average interest rate on our two junior subordinated notes payable was 4.82% and 5.68% during the three months ended March 31, 2020 and 2019, respectively. Interest expense on Unsecured Notes Payable in the amount of $628 and $731 was recorded for the three months ended March 31, 2020 and 2019, respectively. Credit Facilities as of March 31, 2020 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 10, 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 September 10, 2024. 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 March 31, 2020, 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 On April 2, 2020, the Company signed an amendment to the Credit Facility, which, among other things, changed the facility from an unsecured borrowing facility to a secured borrowing facility. Additionally, the Company received $100,000 in available funds on its Line of Credit, of which $25,000 was drawn during April 2020. 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 March 31, 2020 December 31, 2019 Line of Credit 1.50% to 2.25% $ 70,000 $ 48,000 Unsecured Term Loan: First Term Loan 1.45% to 2.20% $ 207,000 $ 207,000 Second Term Loan 1.35% to 2.00% 300,000 300,000 Third Term Loan 1.45% to 2.20% 193,900 193,900 Deferred Loan Costs (3,510) (3,717) Total Unsecured Term Loan $ 697,390 $ 697,183 On April 2, 2020, the Company amended the Credit Facility, through which the Company received a waiver of covenants through March 31, 2021. Upon expiration of the covenant waiver in March 2021, the following covenant requirements will again become effective. 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 $1,119,500, 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 recorded interest expense of $7,034 and $8,636 related to borrowings drawn on the Credit Facility and Term Loans for the three months ended March 31, 2020 and 2019, respectively. The weighted average interest rate, inclusive of the effect of derivative instruments, on the Credit Facility and Term Loans was 4.19% and 4.12% for the three months ended March 31, 2020 and 2019, 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 months ended March 31, 2020 and 2019 was $565 and $574 respectively. New Debt/Refinance On April 2, 2020, we amended all three of our credit agreements, including the Credit Facility and borrowing base of assets on the Line of Credit to access an additional $100,000. With these amendments, we received waivers on all financial covenants through March 31, 2021. The proceeds from the borrowings drawn will be used to fund the operating expenses of the business. See "Liquidity, Capital Resources and Equity Offerings". On December 4, 2019, we refinanced the outstanding mortgage debt with an original principal balance of $44,325 secured by the Hilton Garden Inn, 52nd Street, NY. The loan was due to mature on February 24, 2020, but will now mature on December 4, 2022. Contemporaneous with the mortgage refinance, we entered into an interest rate swap that matures December 4, 2022 that fixes the interest rate at 3.84% until maturity. On September 10, 2019, we refinanced our Second Term Loan. We maintained the $300 million principal balance. The Second Term Loan was due to expire on August 10, 2020 but will now expire on September 10, 2024. The financial covenants on the new loan are substantially the same as the previous loan. Also during September 2019 we entered into new interest rate swap contracts for $700.9 million of our Credit Facility and Term Loans. See "Note 8 - Fair Value Measurements and Derivative Instruments" for more information on the interest rate swap. 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	3 Months Ended
	Mar. 31, 2020
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's revenues. Two additional office space leases 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 calculated our incremental borrowing rate as prescribed by ASC Topic 842. We 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 months ended March 31, 2020 and 2019 were as follows: Three Months Ended March 31, 2020 Three Months Ended March 31, 2019 Ground Lease Office Lease Total Ground Lease Office Lease Total Operating lease costs $ 1,050 $ 121 $ 1,171 $ 973 $ 121 $ 1,094 Variable lease costs 13 67 80 137 71 208 Total lease costs $ 1,063 $ 188 $ 1,251 $ 1,110 $ 192 $ 1,302 Other information related to leases as of and for the three months ended March 31, 2020 and 2019 is as follows: March 31, 2020 March 31, 2019 Cash paid from operating cash flow for operating leases $ 1,121 $ 1,171 Weighted average remaining lease term 64.2 64.2 Weighted average discount rate 7.86 % 7.85 %
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's revenues. Two additional office space leases 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 calculated our incremental borrowing rate as prescribed by ASC Topic 842. We 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 months ended March 31, 2020 and 2019 were as follows: Three Months Ended March 31, 2020 Three Months Ended March 31, 2019 Ground Lease Office Lease Total Ground Lease Office Lease Total Operating lease costs $ 1,050 $ 121 $ 1,171 $ 973 $ 121 $ 1,094 Variable lease costs 13 67 80 137 71 208 Total lease costs $ 1,063 $ 188 $ 1,251 $ 1,110 $ 192 $ 1,302 Other information related to leases as of and for the three months ended March 31, 2020 and 2019 is as follows: March 31, 2020 March 31, 2019 Cash paid from operating cash flow for operating leases $ 1,121 $ 1,171 Weighted average remaining lease term 64.2 64.2 Weighted average discount rate 7.86 % 7.85 %

Commitments And Contingencies A

Commitments And Contingencies And Related Party Transactions	3 Months Ended
	Mar. 31, 2020
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 months ended March 31, 2020 and 2019, base management fees incurred from HHMLP totaled $2,369 and $2,993, respectively, and are recorded as Hotel Operating Expenses. For the three months ended March 31, 2020 and 2019, 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 months ended March 31, 2020 and 2019 were $3,827 and $4,975, 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 months ended March 31, 2020 and 2019, the Company incurred accounting fees of $324 and $315, respectively. For the three months ended March 31, 2020 and 2019, the Company incurred information technology fees of $105 and $102, 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 months ended March 31, 2020 and 2019, we incurred fees of $900 and $524, 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 months ended March 31, 2020 and 2019, we incurred charges for hotel supplies of $52 and $134, respectively. For the three months ended March 31, 2020 and 2019, we incurred charges for capital expenditure purchases of $878 and $535, 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 $16 and $9 is included in accounts payable for the purchase of hotel supplies at March 31, 2020 and December 31, 2019, respectively. Insurance Services The Company utilizes the services of the Hersha Group, a risk management business owned, in part, by certain executives and trustees of the Company. The Hersha Group provides brokerage services to the Company related to the placement of property and casualty insurance, and general liability insurance for our hotel properties. The total costs of property insurance that we paid through the Hersha Group were $1,595 and $1,437 for the three months ended March 31, 2020 and 2019, respectively. These amounts paid to the Hersha Group include insurance premiums and brokerage fees as compensation for brokerage services. 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. The Company has entered into lease agreements with Independent Restaurant Group ("IRG") for restaurants at three of its hotel properties. Jay H. Shah and Neil H. Shah, 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. Aggregate minimum rents due under the three leases range between $323 and $450 per annum over the initial five-year term. Percentage rents range between 5% and 15% of IRG's revenues 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. Restaurant lease agreements with other unaffiliated restaurant management companies have similar terms. The total amount of revenue recognized from IRG was $103 and $53 for the three months ended March 31, 2020 and 2019, respectively. Due From Related Parties The due from related parties balance as of March 31, 2020 and December 31, 2019 was approximately $1,797 and $6,113, 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 March 31, 2020 and December 31, 2019 was $0.

Fair Value Measurements And Der

Fair Value Measurements And Derivative Instruments	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020, 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 March 31, 2020 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 March 31, 2020 and December 31, 2019.  Estimated Fair Value  Asset / (Liability) Balance Hedged Debt Type Strike Rate Index Effective Date Derivative Contract Maturity Date Notional Amount March 31, 2020 December 31, 2019  Term Loan Instruments: Unsecured Credit Facility Swap 1.341 % 1-Month LIBOR + 2.20% October 3, 2019 August 2, 2021 150,000 (2,073) 539 Unsecured Credit Facility Swap 1.316 % 1-Month LIBOR + 2.20% September 3, 2019 August 2, 2021 43,900 (592) 175 Unsecured Credit Facility Swap 1.824 % 1-Month LIBOR + 2.20% September 3, 2019 August 10, 2022 103,500 (3,716) (718) Unsecured Credit Facility Swap 1.824 % 1-Month LIBOR + 2.20% September 3, 2019 August 10, 2022 103,500 (3,716) (718) Unsecured Credit Facility Swap 1.460 % 1-Month LIBOR + 2.00% September 10, 2019 September 10, 2024 300,000 (13,905) 1,776  Mortgages: Courtyard, LA Westside, Culver City, CA Swap 1.683 % 1-Month LIBOR + 2.75% August 1, 2017 August 1, 2020 35,000 (131) (8) Annapolis Waterfront Hotel, MD Cap 3.350 % 1-Month LIBOR +2.65% May 1, 2018 May 1, 2021 28,000 1 — Hyatt, Union Square, New York, NY Swap 1.870 % 1-Month LIBOR + 2.30% June 7, 2019 June 7, 2023 56,000 (2,720) (556) Hilton Garden Inn Tribeca, New York, NY Swap 1.768 % 1-Month LIBOR + 2.25% July 25, 2019 July 25, 2024 22,725 (1,321) (169) Hilton Garden Inn Tribeca, New York, NY Swap 1.768 % 1-Month LIBOR + 2.25% July 25, 2019 July 25, 2024 22,725 (1,321) (169) Hilton Garden Inn 52nd Street, New York, NY Swap 1.540 % 1-Month LIBOR + 2.30% December 4, 2019 December 4, 2022 44,325 (1,456) 23   $ (30,950) $ 175 The fair value of swaps and our interest rate caps with a positive balance is included in other assets at March 31, 2020 and December 31, 2019. The fair value of our interest rate swaps with a negative balance is included in accounts payable, accrued expenses and other liabilities at March 31, 2020 and December 31, 2019. The net change related to derivative instruments designated as cash flow hedges recognized as unrealized gains and losses reflected on our consolidated balance sheet in accumulated other comprehensive income was a loss of $30,149 and a loss of $2,921 for the three months ended March 31, 2020 and 2019, 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 $977 and $1,141 of net unrealized gains/losses from accumulated other comprehensive income as an increase/decrease to interest expense for the three months ended March 31, 2020 and 2019, respectively. For the next twelve months ending March 31, 2021, we estimate that an additional $14,069 will be reclassified as an increase to interest expense. Fair Value of Debt

Share Based Payments

Share Based Payments	3 Months Ended
	Mar. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share Based Payments	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. Pursuant to the 2012 Plan, equity may be awarded in the form of stock awards, LTIP Units, or performance share awards issuable. The Short Term Incentive Program ("STIP") and the Long-Term Incentive Program ("LTIP") were incentive compensation programs the Compensation Committee of our Board of Trustees established to align executive compensation with the performance of the Company. Prior to 2019, executives participated in our legacy incentive compensation programs, including the Multi-Year Long Term Equity Incentive Program ("Multi-Year EIP"). On April 10, 2020, based on the achievement of certain metrics established under the 2019 STIP for the performance period ended December 31, 2019, the Compensation Committee awarded 833,539 LTIP Units. The awards issued pursuant to the STIP vest on December 31, 2021, the two three A summary of our share based compensation activity from January 1, 2020 to March 31, 2020 is as follows: LTIP Unit Awards Restricted Share Awards Share Awards Number of Units Weighted Average Grant Date Fair Value Number of Restricted Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Unvested Balance as of December 31, 2019 441,201 $ 17.99 92,102 $ 17.07 — Granted — N/A 19,498 3.58 — N/A Vested — N/A (35,429) 9.90 — N/A Forfeited — N/A — N/A — N/A Unvested Balance as of March 31, 2020 441,201 $ 17.99 76,171 $ 16.95 — The following table summarizes share based compensation expense for the three months ended March 31, 2020 and 2019 and unearned compensation as of March 31, 2020 and December 31, 2019: Share Based Unearned For the Three Months Ended As of 3/31/2020 3/31/2019 3/31/2020 12/31/2019 Issued Awards LTIP Unit Awards 644 1,363 $ 2,234 $ 2,878 Restricted Share Awards 333 337 786 1,051 Share Awards — — — — Unissued Awards Market Based 314 258 2,425 2,739 Performance Based 1,165 — — — Total $ 2,456 $ 1,958 $ 5,445 $ 6,668 The weighted-average period of which the unrecognized compensation expense will be recorded is approximately 1.6 years for LTIP Unit Awards and 1.4 years for Restricted Share Awards. The remaining unvested target units are expected to vest as follows: 2020 2021 2022 2023 LTIP Unit Awards 376,614 64,587 — — Restricted Share Awards 52,555 19,431 3,654 531 429,169 84,018 3,654 531

Cash Flow Disclosures And Non C

Cash Flow Disclosures And Non Cash Investing And Financing Activities	3 Months Ended
	Mar. 31, 2020
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 three months ended March 31, 2020 and 2019 totaled $11,680 and $13,739 respectively. Cash paid for income taxes during the three months ended March 31, 2020 and 2019 totaled $220 and $24, respectively. The following non-cash investing and financing activities occurred during the three months ended March 31, 2020 and 2019:  2020 2019 Common Shares issued as part of the Dividend Reinvestment Plan $ 14 $ 21 Issuance of share based payments — 10,054 Accrued payables for capital expenditures placed into service 4,259 1,334 Adjustment to Record Noncontrolling Interest at Redemption Value — 140 Adjustment to Record Right of Use Asset & Lease Liability — 55,515 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 three months ended March 31, 2020 and 2019: 2020 2019 Cash and cash equivalents $ 23,936 $ 33,526 Escrowed cash 8,641 8,693 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 32,577 $ 42,219

Basis Of Presentation (Policies

Basis Of Presentation (Policies)	3 Months Ended
	Mar. 31, 2020
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”), 44 New England Management Company. All significant inter-company amounts have been eliminated.
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 three months ended March 31, 2020 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, 2019.
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 $59,162 as of March 31, 2020 and $64,144 as of December 31, 2019. As of March 31, 2020, there were 4,279,946 Common Units and LTIP Units outstanding with a fair market value of $15,322, 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	hareholders’ Equity Terms of the Series C, Series D, and Series E Preferred Shares outstanding at March 31, 2020 and December 31, 2019 are summarized as follows:  Dividend Per Share  Shares Outstanding Three Months Ended March 31, Series March 31, 2020 December 31, 2019 Aggregate Liquidation Preference Distribution Rate 2020 2019 Series C 3,000,000 3,000,000 $ 75,000 6.875 % — $ 0.4297 Series D 7,701,700 7,701,700 $ 192,500 6.500 % — $ 0.4063 Series E 4,001,514 4,001,514 $ 100,000 6.500 % — $ 0.4063 Total 14,703,214 14,703,214
Revenue Recognition	Revenue Recognition 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

Basis Of Presentation (Tables)

Basis Of Presentation (Tables)	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020 and December 31, 2019 are summarized as follows:  Dividend Per Share  Shares Outstanding Three Months Ended March 31, Series March 31, 2020 December 31, 2019 Aggregate Liquidation Preference Distribution Rate 2020 2019 Series C 3,000,000 3,000,000 $ 75,000 6.875 % — $ 0.4297 Series D 7,701,700 7,701,700 $ 192,500 6.500 % — $ 0.4063 Series E 4,001,514 4,001,514 $ 100,000 6.500 % — $ 0.4063 Total 14,703,214 14,703,214
Schedule of ASC 610-20

Investment In Hotel Properties

Investment In Hotel Properties (Tables)	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Investment In Hotel Properties	Investment in hotel properties consists of the following at March 31, 2020 and December 31, 2019:   March 31, 2020 December 31, 2019  Land $ 505,156 $ 518,243 Buildings and Improvements 1,683,428 1,710,621 Furniture, Fixtures and Equipment 295,413 294,527 Construction in Progress 7,055 10,202  2,491,052 2,533,593  Less Accumulated Depreciation (566,795) (557,620)  Total Investment in Hotel Properties * $ 1,924,257 $ 1,975,973 * The net book value of investment in hotel property at Ritz Coconut Grove, which is a variable interest entity, is $44,602 and $44,854 at March 31, 2020 and December 31, 2019, respectively.
Schedule of Assets Held For Sale	The table below shows the balances for the properties that were classified as assets held for sales as of March 31, 2020. March 31, 2020 Land $ 13,087 Buildings and Improvements 36,521 Furniture, Fixtures and Equipment 6,399 56,007 Less Accumulated Depreciation (14,814) Assets Held for Sale $ 41,193

Investment In Unconsolidated _2

Investment In Unconsolidated Joint Ventures (Tables)	3 Months Ended
	Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
Investment In Unconsolidated Joint Ventures	As of March 31, 2020 and December 31, 2019, our investment in unconsolidated joint ventures consisted of the following:  Percent Joint Venture Hotel Properties Owned March 31, 2020 December 31, 2019  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 % 1,032 1,434 SB Partners, LLC Holiday Inn Express, South Boston, MA 50.0 % — — SB Partners Three, LLC Home2 Suites, South Boston, MA 50.0 % 6,996 7,012  $ 8,028 $ 8,446
Income Or Loss From Unconsolidated Joint Ventures	Income (loss) recognized during the three months ended March 31, 2020 and 2019, for our investments in unconsolidated joint ventures is as follows:  Three Months Ended March 31,  2020 2019 Cindat Hersha Owner JV, LLC $ — $ — Hiren Boston, LLC (402) (177) SB Partners, LLC (600) 375 SB Partners Three, LLC (16) (17) (Loss) Income from Unconsolidated Joint Venture Investments $ (1,018) $ 181
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 March 31, 2020 and December 31, 2019 and for the three months ended March 31, 2020 and 2019. Balance Sheets  March 31, 2020 December 31, 2019 Assets Investment in Hotel Properties, Net $ 585,250 $ 579,287 Other Assets 25,248 33,891 Total Assets $ 610,498 $ 613,178  Liabilities and Equity Mortgages and Notes Payable $ 438,998 $ 430,282 Other Liabilities 17,854 19,185 Equity: Hersha Hospitality Trust 9,180 9,588 Joint Venture Partner(s) 145,195 154,998 Accumulated Other Comprehensive Loss (729) (875) Total Equity 153,646 163,711  Total Liabilities and Equity $ 610,498 $ 613,178 Statements of Operations  Three Months Ended March 31,  2020 2019 Room Revenue $ 11,344 $ 16,350 Other Revenue 807 621 Operating Expenses (8,348) (10,031) Lease Expense (183) (200) Property Taxes and Insurance (3,283) (3,051) General and Administrative (985) (1,207) Depreciation and Amortization (3,914) (3,660) Interest Expense (6,287) (7,147) Net Loss $ (10,849) $ (8,325)
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 March 31, 2020 and December 31, 2019.  March 31, 2020 December 31, 2019 Our share of equity recorded on the joint ventures' financial statements $ 9,180 $ 9,588 Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures (1) (1,152) (1,142) Investment in Unconsolidated Joint Ventures $ 8,028 $ 8,446 (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)	3 Months Ended
	Mar. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	Other Assets consisted of the following at March 31, 2020 and December 31, 2019:  March 31, 2020 December 31, 2019  Derivative Asset $ — $ 2,514 Deferred Financing Costs 1,201 1,330 Prepaid Expenses 11,160 11,279 Investment in Statutory Trusts 1,548 1,548 Investment in Non-Hotel Property and Inventories 2,634 2,987 Deposits with Unaffiliated Third Parties 2,573 2,577 Deferred Tax Asset, Net of Valuation Allowance of $497 15,930 11,390 Property Insurance Receivable 1,788 1,788 Other 2,648 2,764  $ 39,482 $ 38,177

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule Of Mortgages Payable	Mortgages payable at March 31, 2020 and December 31, 2019 consisted of the following:  March 31, 2020 December 31, 2019 Mortgage Indebtedness $ 333,558 $ 333,948 Net Unamortized Premium 703 821 Net Unamortized Deferred Financing Costs (2,279) (2,489) Mortgages Payable $ 331,982 $ 332,280
Summary Of Borrowing Base Assets	As of March 31, 2020, 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 March 31, 2020 December 31, 2019 Line of Credit 1.50% to 2.25% $ 70,000 $ 48,000 Unsecured Term Loan: First Term Loan 1.45% to 2.20% $ 207,000 $ 207,000 Second Term Loan 1.35% to 2.00% 300,000 300,000 Third Term Loan 1.45% to 2.20% 193,900 193,900 Deferred Loan Costs (3,510) (3,717) Total Unsecured Term Loan $ 697,390 $ 697,183

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Components of Lease Costs	The components of lease costs for the three months ended March 31, 2020 and 2019 were as follows: Three Months Ended March 31, 2020 Three Months Ended March 31, 2019 Ground Lease Office Lease Total Ground Lease Office Lease Total Operating lease costs $ 1,050 $ 121 $ 1,171 $ 973 $ 121 $ 1,094 Variable lease costs 13 67 80 137 71 208 Total lease costs $ 1,063 $ 188 $ 1,251 $ 1,110 $ 192 $ 1,302 Other information related to leases as of and for the three months ended March 31, 2020 and 2019 is as follows: March 31, 2020 March 31, 2019 Cash paid from operating cash flow for operating leases $ 1,121 $ 1,171 Weighted average remaining lease term 64.2 64.2 Weighted average discount rate 7.86 % 7.85 %

Fair Value Measurements And D_2

Fair Value Measurements And Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020 and December 31, 2019.  Estimated Fair Value  Asset / (Liability) Balance Hedged Debt Type Strike Rate Index Effective Date Derivative Contract Maturity Date Notional Amount March 31, 2020 December 31, 2019  Term Loan Instruments: Unsecured Credit Facility Swap 1.341 % 1-Month LIBOR + 2.20% October 3, 2019 August 2, 2021 150,000 (2,073) 539 Unsecured Credit Facility Swap 1.316 % 1-Month LIBOR + 2.20% September 3, 2019 August 2, 2021 43,900 (592) 175 Unsecured Credit Facility Swap 1.824 % 1-Month LIBOR + 2.20% September 3, 2019 August 10, 2022 103,500 (3,716) (718) Unsecured Credit Facility Swap 1.824 % 1-Month LIBOR + 2.20% September 3, 2019 August 10, 2022 103,500 (3,716) (718) Unsecured Credit Facility Swap 1.460 % 1-Month LIBOR + 2.00% September 10, 2019 September 10, 2024 300,000 (13,905) 1,776  Mortgages: Courtyard, LA Westside, Culver City, CA Swap 1.683 % 1-Month LIBOR + 2.75% August 1, 2017 August 1, 2020 35,000 (131) (8) Annapolis Waterfront Hotel, MD Cap 3.350 % 1-Month LIBOR +2.65% May 1, 2018 May 1, 2021 28,000 1 — Hyatt, Union Square, New York, NY Swap 1.870 % 1-Month LIBOR + 2.30% June 7, 2019 June 7, 2023 56,000 (2,720) (556) Hilton Garden Inn Tribeca, New York, NY Swap 1.768 % 1-Month LIBOR + 2.25% July 25, 2019 July 25, 2024 22,725 (1,321) (169) Hilton Garden Inn Tribeca, New York, NY Swap 1.768 % 1-Month LIBOR + 2.25% July 25, 2019 July 25, 2024 22,725 (1,321) (169) Hilton Garden Inn 52nd Street, New York, NY Swap 1.540 % 1-Month LIBOR + 2.30% December 4, 2019 December 4, 2022 44,325 (1,456) 23   $ (30,950) $ 175

Share Based Payments (Tables)

Share Based Payments (Tables)	3 Months Ended
	Mar. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary Of Unvested Share Awards Issued To Executives	A summary of our share based compensation activity from January 1, 2020 to March 31, 2020 is as follows: LTIP Unit Awards Restricted Share Awards Share Awards Number of Units Weighted Average Grant Date Fair Value Number of Restricted Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Unvested Balance as of December 31, 2019 441,201 $ 17.99 92,102 $ 17.07 — Granted — N/A 19,498 3.58 — N/A Vested — N/A (35,429) 9.90 — N/A Forfeited — N/A — N/A — N/A Unvested Balance as of March 31, 2020 441,201 $ 17.99 76,171 $ 16.95 —
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs	The following table summarizes share based compensation expense for the three months ended March 31, 2020 and 2019 and unearned compensation as of March 31, 2020 and December 31, 2019: Share Based Unearned For the Three Months Ended As of 3/31/2020 3/31/2019 3/31/2020 12/31/2019 Issued Awards LTIP Unit Awards 644 1,363 $ 2,234 $ 2,878 Restricted Share Awards 333 337 786 1,051 Share Awards — — — — Unissued Awards Market Based 314 258 2,425 2,739 Performance Based 1,165 — — — Total $ 2,456 $ 1,958 $ 5,445 $ 6,668
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	The remaining unvested target units are expected to vest as follows: 2020 2021 2022 2023 LTIP Unit Awards 376,614 64,587 — — Restricted Share Awards 52,555 19,431 3,654 531 429,169 84,018 3,654 531

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2020
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 March 31,  2020 2019 NUMERATOR: Basic and Diluted* Net Loss $ (25,972) $ (7,882) Loss allocated to Noncontrolling Interests 2,897 923 Distributions to Preferred Shareholders (6,044) (6,044) Dividends Paid on Unvested Restricted Shares and LTIP Units — (282) Net Loss applicable to Common Shareholders $ (29,119) $ (13,285)  DENOMINATOR: Weighted average number of common shares - basic 38,564,099 39,115,390 Effect of dilutive securities: Restricted Stock Awards and LTIP Units (unvested) — — Contingently Issued Shares and Units — — Weighted average number of common shares - diluted 38,564,099 39,115,390 * 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)	3 Months Ended
	Mar. 31, 2020
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow	The following non-cash investing and financing activities occurred during the three months ended March 31, 2020 and 2019:  2020 2019 Common Shares issued as part of the Dividend Reinvestment Plan $ 14 $ 21 Issuance of share based payments — 10,054 Accrued payables for capital expenditures placed into service 4,259 1,334 Adjustment to Record Noncontrolling Interest at Redemption Value — 140 Adjustment to Record Right of Use Asset & Lease Liability — 55,515
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 three months ended March 31, 2020 and 2019: 2020 2019 Cash and cash equivalents $ 23,936 $ 33,526 Escrowed cash 8,641 8,693 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 32,577 $ 42,219
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 three months ended March 31, 2020 and 2019: 2020 2019 Cash and cash equivalents $ 23,936 $ 33,526 Escrowed cash 8,641 8,693 Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 32,577 $ 42,219

Basis Of Presentation (Narrativ

Basis Of Presentation (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Apr. 02, 2020	Dec. 31, 2019	Apr. 02, 2018
Class of Stock [Line Items]
Line of Credit	$ 70,000,000			$ 48,000,000
Noncontrolling Interest [Abstract]
Net income (loss) attributable to nonredeemable noncontrolling interest	0	$ (300,000)
Revolving Line Of Credit | Subsequent Event
Class of Stock [Line Items]
Revolving line of credit, increase (decrease) In borrowing capacity			$ 100,000,000
Line of Credit			$ 25,000,000
Noncontrolling Interests Common Units And LTIP Units
Noncontrolling Interest [Abstract]
Noncontrolling interests in Nonredeemable Common Units	$ 59,162,000			$ 64,144,000
Nonredeemable common units outstanding (in shares)	4,279,946
Fair market value of nonredeemable common units	$ 15,322,000
Senior Common Equity Interest
Noncontrolling Interest [Abstract]
Noncontrolling interest, common equity interest, return	12.00%
Consolidated Joint Ventures
Noncontrolling Interest [Abstract]
Cumulative return on common equity interest	30.00%
Consolidated Joint Ventures | Senior Common Equity Interest
Noncontrolling Interest [Abstract]
Cumulative return on common equity interest	25.00%
Consolidated Joint Ventures | Junior Common Equity Interest | Scenario, Plan
Noncontrolling Interest [Abstract]
Noncontrolling interest, common equity interest, return	8.00%
Hersha Holding RC Owner, LLC
Noncontrolling Interest [Abstract]
Cumulative return on common equity interest	70.00%
Hersha Holding RC Owner, LLC | Senior Common Equity Interest
Noncontrolling Interest [Abstract]
Noncontrolling interest, common equity interest, return	8.00%
Cumulative return on common equity interest	75.00%
Ritz-Carlton Coconut Grove, FL | Consolidated Joint Ventures
Noncontrolling Interest [Abstract]
Noncontrolling interest, ownership percentage					15.00%
Hersha Hospitality Limited Partnership
Class of Stock [Line Items]
Approximate ownership percentage in the partnership	90.00%
General partnership interest	1.00%

Basis Of Presentation (Schedule

Basis Of Presentation (Schedule Of Preferred Stock) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Class of Stock [Line Items]
Shares outstanding (in shares)	14,703,214		14,703,214
Series C Preferred Shares
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)		$ 0.4297
Series D Preferred Shares
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)		0.4063
Series E Preferred Shares
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)		$ 0.4063

Investment In Hotel Propertie_2

Investment In Hotel Properties (Investment In Hotel Properties) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Total investment in hotel properties, gross	$ 2,491,052	$ 2,533,593
Less Accumulated Depreciation	(566,795)	(557,620)
Total Investment in Hotel Properties	1,924,257	1,975,973
Assets	2,098,361	2,122,428
Variable Interest Entity, Primary Beneficiary
Business Acquisition [Line Items]
Assets	44,602	44,854
Land
Business Acquisition [Line Items]
Total investment in hotel properties, gross	505,156	518,243
Buildings and Improvements
Business Acquisition [Line Items]
Total investment in hotel properties, gross	1,683,428	1,710,621
Furniture, Fixtures and Equipment
Business Acquisition [Line Items]
Total investment in hotel properties, gross	295,413	294,527
Construction in Progress
Business Acquisition [Line Items]
Total investment in hotel properties, gross	$ 7,055	$ 10,202

Investment In Hotel Propertie_3

Investment In Hotel Properties (Assets Held For Sale) (Details) $ in Thousands	Mar. 31, 2020USD ($)
Long Lived Assets Held-for-sale [Line Items]
Less Accumulated Depreciation	$ (14,814)
Assets Held for Sale	41,193
Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Disposal group, including discontinued operation, assets held for sale	56,007
Land | Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Disposal group, including discontinued operation, assets held for sale	13,087
Buildings and Improvements | Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Disposal group, including discontinued operation, assets held for sale	36,521
Furniture, Fixtures and Equipment | Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Disposal group, including discontinued operation, assets held for sale	$ 6,399

Investment In Unconsolidated _3

Investment In Unconsolidated Joint Ventures (Investment In Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Investments in Unconsolidated Joint Ventures [Line Items]
Investment in unconsolidated joint ventures	$ 8,028	$ 8,446
Hilton and IHG branded hotels in NYC | Cindat Hersha Owner JV, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	31.20%
Investment in unconsolidated joint ventures	$ 0	0
Courtyard by Marriott, South Boston, MA | Hiren Boston, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	50.00%
Investment in unconsolidated joint ventures	$ 1,032	1,434
Holiday Inn Express, South Boston, MA | SB Partners, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	50.00%
Investment in unconsolidated joint ventures	$ 0	0
Home2 Suites, South Boston, MA | SB Partners Three, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	50.00%
Investment in unconsolidated joint ventures	$ 6,996	$ 7,012

Investment In Unconsolidated _4

Investment In Unconsolidated Joint Ventures (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Investments in Unconsolidated Joint Ventures [Line Items]
Investment in Unconsolidated Joint Ventures	$ 8,028	$ 8,446
Cindat Hersha Owner JV, LLC | Cindat Capital Management Limited
Investments in Unconsolidated Joint Ventures [Line Items]
Preferred joint venture partner, ownership percentage	68.80%
Cindat Hersha Owner JV, LLC | Cindat Capital Management Limited | Scenario, Plan
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 | Cindat Capital Management Limited | Senior Common Equity Interest
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest	$ 142,000
Cindat Hersha Owner JV, LLC | Cindat Capital Management Limited | Junior Common Equity Interest
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest return	8.50%
Cindat Hersha Owner JV, LLC | Hersha Hospitality Limited Partnership
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	31.20%
Cindat Hersha Owner JV, LLC | Hersha Hospitality Limited Partnership | Junior Common Equity Interest
Investments in Unconsolidated Joint Ventures [Line Items]
Common equity interest	$ 64,357
Hilton and IHG branded hotels in NYC | Cindat Hersha Owner JV, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Percent owned	31.20%
Investment in Unconsolidated Joint Ventures	$ 0	$ 0

Investment In Unconsolidated _5

Investment In Unconsolidated Joint Ventures (Income Or Loss From Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	$ (1,018)	$ 181
Cindat Hersha Owner JV, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	0	0
Hiren Boston, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	(402)	(177)
SB Partners, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	(600)	375
SB Partners Three, LLC
Investments in Unconsolidated Joint Ventures [Line Items]
Income (loss) from unconsolidated joint venture investments	$ (16)	$ (17)

Investment In Unconsolidated _6

Investment In Unconsolidated Joint Ventures (Summary Financial Information Related To Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Assets
Investment in Hotel Properties, Net	$ 585,250		$ 579,287
Other Assets	25,248		33,891
Total Assets	610,498		613,178
Liabilities and Equity
Mortgages and Notes Payable	438,998		430,282
Other Liabilities	17,854		19,185
Equity:
Hersha Hospitality Trust	9,180		9,588
Joint Venture Partner(s)	145,195		154,998
Accumulated Other Comprehensive Loss	(729)		(875)
Total Equity	153,646		163,711
Total Liabilities and Equity	610,498		$ 613,178
Statement of Operations [Abstract]
Room Revenue	11,344	$ 16,350
Other Revenue	807	621
Operating Expenses	(8,348)	(10,031)
Lease Expense	(183)	(200)
Property Taxes and Insurance	(3,283)	(3,051)
General and Administrative	(985)	(1,207)
Depreciation and Amortization	(3,914)	(3,660)
Interest Expense	(6,287)	(7,147)
Net Loss	$ (10,849)	$ (8,325)

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	Mar. 31, 2020	Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]
Our share of equity recorded on the joint ventures' financial statements	$ 9,180	$ 9,588
Adjustment to reconcile our share of equity recorded on the joint ventures' financial statements to our investment in unconsolidated joint ventures	(1,152)	(1,142)
Investment in Unconsolidated Joint Ventures	$ 8,028	$ 8,446

Other Assets (Other Assets) (De

Other Assets (Other Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Derivative Asset	$ 0	$ 2,514
Deferred Financing Costs	1,201	1,330
Prepaid Expenses	11,160	11,279
Investment in Statutory Trusts	1,548	1,548
Investment in Non-Hotel Property and Inventories	2,634	2,987
Deposits with Unaffiliated Third Parties	2,573	2,577
Deferred tax asset, net of valuation allowance	15,930	11,390
Property Insurance Receivable	1,788	1,788
Other	2,648	2,764
Total other assets	39,482	$ 38,177
Deferred tax assets, valuation allowance	$ 497

Other Assets (Narrative) (Detai

Other Assets (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred tax assets, net	$ 15,930	$ 11,390

Debt (Mortgages) (Details)

Debt (Mortgages) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Mortgages and Notes Payable [Abstract]
Mortgage Indebtedness	$ 697,390		$ 697,183
Net Unamortized Deferred Financing Costs	(3,510)		(3,717)
Mortgages
Mortgages and Notes Payable [Abstract]
Mortgage Indebtedness	333,558		333,948
Net Unamortized Premium	703		821
Net Unamortized Deferred Financing Costs	(2,279)		(2,489)
Mortgages Payable	331,982		$ 332,280
Interest expense	$ 3,485	$ 3,990
Debt covenant compliance status	We have determined that all debt covenants contained in the loan agreements securing our consolidated hotel properties were met as of March 31, 2020.
Minimum | Mortgages
Mortgages and Notes Payable [Abstract]
Debt instrument, interest rate, effective percentage	2.99%
Maximum | Mortgages
Mortgages and Notes Payable [Abstract]
Debt instrument, interest rate, effective percentage	6.30%

Debt (Unsecured Notes Payable)

Debt (Unsecured Notes Payable) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)loan	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Subordinated Notes Payable [Abstract]
Net unamortized deferred financing costs	$ 3,510		$ 3,717
Junior Subordinated Debt | Hersha Statutory Trust I and Hersha Statutory Trust II
Subordinated Notes Payable [Abstract]
Number of debt instruments | loan	2
Subordinated notes payable	$ 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	$ 798		$ 812
Debt instrument, interest rate during period (in hundredths)	4.82%	5.68%
Interest expense	$ 628	$ 731
Junior Subordinated Debt | Hersha Statutory Trust I
Subordinated Notes Payable [Abstract]
Subordinated notes payable	$ 25,774
Debt instrument, description of variable rate basis	LIBOR
Debt instrument, basis spread on variable rate	3.00%
Junior Subordinated Debt | Hersha Statutory Trust II
Subordinated Notes Payable [Abstract]
Subordinated notes payable	$ 25,774
Debt instrument, description of variable rate basis	LIBOR
Debt instrument, basis spread on variable rate	3.00%

Debt (Credit Facilities Narrati

Debt (Credit Facilities Narrative) (Details)	3 Months Ended
	Mar. 31, 2020USD ($)agreement	Mar. 31, 2019USD ($)	Apr. 02, 2020USD ($)	Dec. 31, 2019USD ($)
Short-term Debt [Line Items]
Number of unsecured credit agreements | agreement	3
Debt instrument, face amount	$ 950,900,000
Line of Credit	70,000,000			$ 48,000,000
Line of credit facility covenant minimum tangible net worth	$ 1,119,500,000
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%
Line of credit facility covenant maximum leverage ratio (in hundredths)	60.00%
Line of credit facility covenant maximum secured debt leverage ratio (in hundredths)	45.00%
Minimum
Short-term Debt [Line Items]
Line of credit facility covenant fixed charge coverage ratio	1.50
Credit Facility
Short-term Debt [Line Items]
Revolving line of credit, current borrowing capacity	$ 457,000,000
Line of credit, expiration date	Aug. 10, 2022
Line of credit, maximum borrowing capacity	$ 857,000,000
Revolving Line Of Credit
Short-term Debt [Line Items]
Revolving line of credit, current borrowing capacity	$ 250,000,000
Description of variable rate basis	one month U.S. LIBOR
Interest expense, on credit facilities	$ 7,034,000	$ 8,636,000
Line of credit, weighted average interest rate (in hundredths)	4.19%	4.12%
Revolving Line Of Credit | Subsequent Event
Short-term Debt [Line Items]
Revolving line of credit, increase (decrease) In borrowing capacity			$ 100,000,000
Line of Credit			$ 25,000,000
$250 Million Unsecured Term Loan (First Term Loan)
Short-term Debt [Line Items]
Debt instrument, face amount	$ 207,000,000
$300 Million Senior Unsecured Term Loan Agreement (Second Term Loan)
Short-term Debt [Line Items]
Debt instrument, face amount	$ 300,000,000
Maturity date	Sep. 10, 2024
$200 Million Senior Unsecured Term Loan Agreement (Third Term Loan)
Short-term Debt [Line Items]
Debt instrument, face amount	$ 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	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Short-term Debt [Line Items]
Line of Credit	$ 70,000	$ 48,000
Unsecured Term Loan	697,390	697,183
Deferred Loan Costs	(3,510)	(3,717)
$250 Million Senior Unsecured Revolving Line Of Credit (Line of Credit)
Short-term Debt [Line Items]
Line of Credit	70,000	48,000
$250 Million Unsecured Term Loan (First Term Loan)
Short-term Debt [Line Items]
Unsecured Term Loan	207,000	207,000
$300 Million Senior Unsecured Term Loan Agreement (Second Term Loan)
Short-term Debt [Line Items]
Unsecured Term Loan	300,000	300,000
$200 Million Senior Unsecured Term Loan Agreement (Third Term Loan)
Short-term Debt [Line Items]
Unsecured Term Loan	$ 193,900	$ 193,900
Minimum | $250 Million Senior Unsecured Revolving Line Of Credit (Line of Credit)
Short-term Debt [Line Items]
Basis spread on variable rate	1.50%
Minimum | $250 Million Unsecured Term Loan (First Term Loan)
Short-term Debt [Line Items]
Basis spread on variable rate	1.45%
Minimum | $300 Million Senior Unsecured Term Loan Agreement (Second Term Loan)
Short-term Debt [Line Items]
Basis spread on variable rate	1.35%
Minimum | $200 Million Senior Unsecured Term Loan Agreement (Third Term Loan)
Short-term Debt [Line Items]
Basis spread on variable rate	1.45%
Maximum | $250 Million Senior Unsecured Revolving Line Of Credit (Line of Credit)
Short-term Debt [Line Items]
Basis spread on variable rate	2.25%
Maximum | $250 Million Unsecured Term Loan (First Term Loan)
Short-term Debt [Line Items]
Basis spread on variable rate	2.20%
Maximum | $300 Million Senior Unsecured Term Loan Agreement (Second Term Loan)
Short-term Debt [Line Items]
Basis spread on variable rate	2.00%
Maximum | $200 Million Senior Unsecured Term Loan Agreement (Third Term Loan)
Short-term Debt [Line Items]
Basis spread on variable rate	2.20%

Debt (Capitalized Interest and

Debt (Capitalized Interest and Deferred Financing Costs) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Debt Disclosure [Abstract]
Amortization of deferred costs	$ 565	$ 574

Debt (New Debt_Refinance Narrat

Debt (New Debt/Refinance Narrative) (Details) - USD ($)	Apr. 02, 2020	Mar. 31, 2020	Dec. 04, 2019	Sep. 30, 2019	Sep. 10, 2019	Jul. 25, 2019	Jun. 07, 2019
Debt Instrument [Line Items]
Debt instrument, face amount		$ 950,900,000
Revolving Line Of Credit
Debt Instrument [Line Items]
Revolving line of credit, current borrowing capacity		$ 250,000,000
Revolving Line Of Credit | Subsequent Event
Debt Instrument [Line Items]
Revolving line of credit, increase (decrease) In borrowing capacity	$ 100,000,000
$300 Million Senior Unsecured Term Loan
Debt Instrument [Line Items]
Debt instrument, face amount					$ 300,000,000
Credit Facility and Term Loans
Debt Instrument [Line Items]
Debt instrument, face amount				$ 700,900,000
Hyatt Union Square, New York, NY
Debt Instrument [Line Items]
Debt instrument, face amount							$ 56,000,000
Hilton Garden Inn Tribeca, New York, NY
Debt Instrument [Line Items]
Debt instrument, face amount						$ 45,000,000
Hilton Garden Inn, 52nd Street, NY [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			$ 44,325,000
Interest rate			3.84%
Interest Rate Swap | Hilton Garden Inn Tribeca, New York, NY
Debt Instrument [Line Items]
Interest rate						4.02%

Leases (Narrative) (Details)

Leases (Narrative) (Details) $ in Thousands	Mar. 31, 2020USD ($)lease	Dec. 31, 2019USD ($)	Jan. 01, 2019USD ($)
Lessee, Lease, Description [Line Items]
Right of use asset	$ 45,075	$ 45,384
Lease liability	$ 54,386	$ 54,548
Accounting Standards Update 2016-02
Lessee, Lease, Description [Line Items]
Right of use asset			$ 55,515
Lease liability			$ 55,515
Land
Lessee, Lease, Description [Line Items]
Number of lease agreements | lease	5
Building
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
	Mar. 31, 2020	Mar. 31, 2019
Lessee, Lease, Description [Line Items]
Operating lease costs	$ 1,171	$ 1,094
Variable lease costs	80	208
Total lease costs	1,251	1,302
Ground Lease
Lessee, Lease, Description [Line Items]
Operating lease costs	1,050	973
Variable lease costs	13	137
Total lease costs	1,063	1,110
Office Lease
Lessee, Lease, Description [Line Items]
Operating lease costs	121	121
Variable lease costs	67	71
Total lease costs	$ 188	$ 192

Leases (Other Information) (Det

Leases (Other Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Leases [Abstract]
Cash paid from operating cash flow for operating leases	$ 1,121	$ 1,171
Weighted average remaining lease term	64 years 2 months 12 days	64 years 2 months 12 days
Weighted average discount rate	7.86%	7.85%

Commitments And Contingencies_2

Commitments And Contingencies And Related Party Transactions (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2020USD ($)hotel	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
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	$ 2,369,000	$ 2,993,000
Incentive management fees incurred	$ 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	324,000	315,000
Information technology fees	$ 105,000	102,000
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	$ 900,000	524,000
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	$ 52,000	134,000
Charges for capital expenditure purchases	878,000	535,000
Capital expenditures included in accounts payable	$ 16,000		$ 9,000
Lessee Disclosure [Abstract]
Number of hotel properties | hotel	3
Due from Related Parties, Unclassified [Abstract]
Due from related parties	$ 1,797,000		6,113,000
Due to Related Parties [Abstract]
Due to related parties	0		$ 0
Minimum
Lessee Disclosure [Abstract]
Aggregate minimum rent payments	323,000
Maximum
Lessee Disclosure [Abstract]
Aggregate minimum rent payments	450,000
Executive Officer
Hotel Supplies [Abstract]
Related party transaction, purchases from related party	$ 1,595,000	1,437,000
Lessee Disclosure [Abstract]
Ownership percentage in related party	70.00%
Revenue from related parties	$ 103,000	53,000
Executive Officer | Minimum
Lessee Disclosure [Abstract]
Percentage rate of rent to revenue	5.00%
Executive Officer | Maximum
Lessee Disclosure [Abstract]
Percentage rate of rent to revenue	15.00%
Lease Agreements | Executive Officer
Lessee Disclosure [Abstract]
Term of lease	5 years
Franchise
Franchise Agreements [Abstract]
Franchise fee expense	$ 3,827,000	$ 4,975,000

Fair Value Measurements And D_3

Fair Value Measurements And Derivative Instruments (Fair Value Of Interest Rate Swaps And Caps) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Estimated Fair Value	$ (30,950)	$ 175
Interest Rate Swap | Unsecured Credit Facility September 3, 2019
Derivatives, Fair Value [Line Items]
Strike Rate	1.316%
Index	2.20%
Effective Date	Sep. 3, 2019
Derivative Contract Maturity Date	Aug. 2, 2021
Notional Amount	$ 43,900
Estimated Fair Value	$ (592)	175
Interest Rate Swap | Courtyard, LA Westside, Culver City, CA
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
Estimated Fair Value	$ (131)	(8)
Interest Rate Swap | Hyatt Union Square, New York, NY
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
Estimated Fair Value	$ (2,720)	(556)
Interest Rate Swap | Hilton Garden Inn Tribeca, New York, NY
Derivatives, Fair Value [Line Items]
Strike Rate	1.768%
Index	2.25%
Effective Date	Jul. 25, 2019
Derivative Contract Maturity Date	Jul. 25, 2024
Notional Amount	$ 22,725
Estimated Fair Value	$ (1,321)	(169)
Interest Rate Swap | Unsecured Credit Facility October 3, 2019
Derivatives, Fair Value [Line Items]
Strike Rate	1.341%
Index	2.20%
Effective Date	Oct. 3, 2019
Derivative Contract Maturity Date	Aug. 2, 2021
Notional Amount	$ 150,000
Estimated Fair Value	$ (2,073)	539
Interest Rate Swap | Unsecured Credit Facility September 10, 2019
Derivatives, Fair Value [Line Items]
Strike Rate	1.46%
Index	2.00%
Effective Date	Sep. 10, 2019
Derivative Contract Maturity Date	Sep. 10, 2024
Notional Amount	$ 300,000
Estimated Fair Value	$ (13,905)	1,776
Interest Rate Swap | Hilton Garden Inn Tribeca, New York, NY
Derivatives, Fair Value [Line Items]
Strike Rate	1.768%
Index	2.25%
Effective Date	Jul. 25, 2019
Derivative Contract Maturity Date	Jul. 25, 2024
Notional Amount	$ 22,725
Estimated Fair Value	$ (1,321)	(169)
Interest Rate Swap | Hilton Garden Inn 52nd Street, New York, NY
Derivatives, Fair Value [Line Items]
Strike Rate	1.54%
Index	2.30%
Effective Date	Dec. 4, 2019
Derivative Contract Maturity Date	Dec. 4, 2022
Notional Amount	$ 44,325
Estimated Fair Value	$ (1,456)	23
Interest Rate Swap | Unsecured Credit Facility September 3, 2019
Derivatives, Fair Value [Line Items]
Strike Rate	1.824%
Index	2.20%
Effective Date	Sep. 3, 2019
Derivative Contract Maturity Date	Aug. 10, 2022
Notional Amount	$ 103,500
Estimated Fair Value	$ (3,716)	(718)
Interest Rate Swap | Unsecured Credit Facility September 3, 2019
Derivatives, Fair Value [Line Items]
Strike Rate	1.824%
Index	2.20%
Effective Date	Sep. 3, 2019
Derivative Contract Maturity Date	Aug. 10, 2022
Notional Amount	$ 103,500
Estimated Fair Value	$ (3,716)	(718)
Interest Rate Cap | Annapolis Waterfront Hotel, MD
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
Estimated Fair Value	$ 1	$ 0

Fair Value Measurements And D_4

Fair Value Measurements And Derivative Instruments (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Gain (loss) on fair value of derivative instruments	$ (30,149)	$ (2,921)
Unrealized gain (loss) reclassified from accumulated other comprehensive income to interest expense	977	$ 1,141
Loss to be reclassified to interest expense during next 12 months	14,069
Carrying (Reported) Amount, Fair Value Disclosure
Derivatives, Fair Value [Line Items]
Carrying value and estimated fair value of debt	1,150,122		$ 1,128,199
Estimate of Fair Value, Fair Value Disclosure
Derivatives, Fair Value [Line Items]
Carrying value and estimated fair value of debt	$ 1,122,242		$ 1,098,082

Share Based Payments (Narrative

Share Based Payments (Narrative) (Details) - $ / shares	Apr. 13, 2020	Apr. 10, 2020	Mar. 31, 2020
LTIP Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			0
Compensation cost not yet recognized, period for recognition			1 year 7 months 6 days
LTIP Unit Awards | Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Price		$ 3.58
Restricted Share Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			19,498
Compensation cost not yet recognized, period for recognition			1 year 4 months 24 days
Short Term Incentive Program | LTIP Unit Awards | Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		833,539
Vesting Period		2 years
Multi-Year EIP | LTIP Unit Awards | Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	240,923
Vesting Period	3 years
Multi-Year EIP | LTIP Unit Awards | Subsequent Event | Share-based Compensation Award, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Schedule	50.00%
Multi-Year EIP | LTIP Unit Awards | Subsequent Event | Share-based Compensation Award, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Schedule	50.00%

Share Based Payments (Summary O

Share Based Payments (Summary Of Share Based Compensation Activity) (Details)	3 Months Ended
	Mar. 31, 2020$ / sharesshares
LTIP Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested balance, beginning of the period (in shares)	441,201
Granted (in shares)	0
Vested (in shares)	0
Forfeited (in shares)	0
Unvested balance, end of the period (in shares)	441,201
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, unvested balance at the beginning of the period (in dollars per share) | $ / shares	$ 17.99
Weighted average grant date fair value, unvested balance at the end of the period (in dollars per share) | $ / shares	$ 17.99
Restricted Share Awards
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested balance, beginning of the period (in shares)	92,102
Granted (in shares)	19,498
Vested (in shares)	(35,429)
Forfeited (in shares)	0
Unvested balance, end of the period (in shares)	76,171
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, unvested balance at the beginning of the period (in dollars per share) | $ / shares	$ 17.07
Weighted average grant date fair value, unvested balance, granted (in dollars per share) | $ / shares	3.58
Weighted average grant date fair value, unvested balance, vested (in dollars per share) | $ / shares	9.90
Weighted average grant date fair value, unvested balance at the end of the period (in dollars per share) | $ / shares	$ 16.95
Share Awards
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested balance, beginning of the period (in shares)	0
Granted (in shares)	0
Vested (in shares)	0
Forfeited (in shares)	0
Unvested balance, end of the period (in shares)	0

Share Based Payments (Summary_2

Share Based Payments (Summary of share based compensation expense and unearned compensation) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Expense	$ 2,456	$ 1,958
Unearned Compensation	5,445		$ 6,668
LTIP Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Expense	644	1,363
Unearned Compensation	2,234		2,878
Restricted Share Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Expense	333	337
Unearned Compensation	786		1,051
Share Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Expense	0	0
Unearned Compensation	0		0
Market Based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Expense	314	258
Unearned Compensation	2,425		2,739
Performance Based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Expense	1,165	$ 0
Unearned Compensation	$ 0		$ 0

Share Based Payments (Remaining

Share Based Payments (Remaining unvested target units expected to vest) (Details)	Mar. 31, 2020shares
2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	429,169
2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	84,018
2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	3,654
2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	531
LTIP Unit Awards | 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	376,614
LTIP Unit Awards | 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	64,587
LTIP Unit Awards | 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	0
LTIP Unit Awards | 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	0
Restricted Share Awards | 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	52,555
Restricted Share Awards | 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	19,431
Restricted Share Awards | 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	3,654
Restricted Share Awards | 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unvested target units, expected to vest	531

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Basic and Diluted
Net Loss		$ (25,972)	$ (7,882)
Loss allocated to Noncontrolling Interests		2,897	923
Distributions to Preferred Shareholders		(6,044)	(6,044)
Dividends Paid on Unvested Restricted Shares and LTIP Units		0	(282)
Net Loss applicable to Common Shareholders		$ (29,119)	$ (13,285)
DENOMINATOR:
Weighted average number of common shares - basic (in shares)		38,564,099	39,115,390
Effect of dilutive securities:
Restricted stock awards and LTIP units (unvested) (in shares)		0	0
Contingently issued shares and units (in shares)		0	0
Weighted average number of common shares - diluted (in shares)	[1]	38,564,099	39,115,390
[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	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Supplemental Cash Flow Elements [Abstract]
Interest paid	$ 11,680	$ 13,739
Cash paid for income taxes	$ 220	$ 24

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	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Noncash Investing and Financing Items [Abstract]
Common Shares issued as part of the Dividend Reinvestment Plan	$ 14	$ 21
Issuance of share based payments	0	10,054
Accrued payables for capital expenditures placed into service	4,259	1,334
Adjustment to Record Noncontrolling Interest at Redemption Value	0	140
Adjustment to Record Right of Use Asset & Lease Liability	$ 0	$ 55,515

Cash Flow Disclosures And Non_5

Cash Flow Disclosures And Non Cash Investing And Financing Activities (Reconciliation of Cash) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Cash and Cash Equivalents	$ 23,936	$ 27,012	$ 33,526
Escrowed cash	8,641	9,973	8,693
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$ 32,577	$ 36,985	$ 42,219	$ 40,783