Ashford Hospitality Trust (AHT) 10-K 2 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Feb. 26, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	ASHFORD HOSPITALITY TRUST INC
Entity Central Index Key	1232582
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$978,338
Entity Common Stock, Shares Outstanding		100,108,168

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets
Cash and cash equivalents	$215,063	$128,780
Marketable securities	63,217	29,601
Total cash, cash equivalents and marketable securities	278,280	158,381
Investments in hotel properties, net	2,128,611	2,164,389
Restricted cash	85,830	61,498
Accounts receivable, net of allowance of $241 and $242, respectively	22,399	21,791
Inventories	2,104	1,946
Note receivable, net of allowance of $7,522 and $7,937, respectively	3,553	3,384
Investment in unconsolidated entities	206,790	195,545
Deferred costs, net	12,588	10,155
Prepaid expenses	7,017	7,519
Derivative assets, net	182	19
Other assets	17,116	4,303
Due from Ashford Prime OP, net	896	13,042
Due from affiliates	3,473	1,302
Due from third-party hotel managers	12,241	33,728
Total assets	2,781,080	2,677,002
Liabilities:
Indebtedness	1,954,103	1,818,929
Capital leases payable	0	28
Accounts payable and accrued expenses	71,118	70,683
Dividends payable	21,889	20,735
Unfavorable management contract liabilities	5,330	7,306
Due to Ashford Inc., net	8,202	0
Due to related party, net	1,867	270
Due to third-party hotel managers	1,640	958
Liabilities associated with marketable securities and other	6,201	3,764
Other liabilities	1,233	1,286
Total liabilities	2,071,583	1,923,959
Commitments and contingencies
Redeemable noncontrolling interests in operating partnership	177,064	134,206
Equity:
Common stock, $0.01 par value, 200,000,000 shares authorized, 124,896,765 shares issued, 89,439,624 and 80,565,563 shares outstanding at December 31, 2014 and 2013, respectively	1,249	1,249
Additional paid-in capital	1,706,274	1,652,743
Accumulated other comprehensive loss	0	-197
Accumulated deficit	-1,050,323	-896,110
Treasury stock, at cost, 35,457,141 and 44,331,202 shares at December 31, 2014 and 2013, respectively	-125,725	-140,054
Total stockholders’ equity of the Company	531,633	617,789
Noncontrolling interests in consolidated entities	800	1,048
Total equity	532,433	618,837
Total liabilities and equity	2,781,080	2,677,002
Series A Cumulative Preferred Stock, 1,657,206 shares issued and outstanding at December 31, 2014 and 2013
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	17	17
Series D Cumulative Preferred Stock, 9,468,706 shares issued and outstanding at December 31, 2014 and 2013
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	95	95
Series E Cumulative Preferred Stock, 4,630,000 shares issued and outstanding at December 31, 2014 and 2013
Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized:	$46	$46

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Allowance for doubtful accounts receivable	$241	$242
Allowance for doubtful notes receivable	$7,522	$7,937
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	124,896,765	124,896,765
Common stock, shares outstanding (in shares)	89,439,624	80,565,563
Treasury stock, shares (in shares)	35,457,141	44,331,202
Series A Preferred Stock [Member]
Preferred stock, shares issued (in shares)	1,657,206	1,657,206
Preferred stock, shares outstanding (in shares)	1,657,206	1,657,206
Series D Preferred Stock [Member]
Preferred stock, shares issued (in shares)	9,468,706	9,468,706
Preferred stock, shares outstanding (in shares)	9,468,706	9,468,706
Series E Preferred Stock [Member]
Preferred stock, shares issued (in shares)	4,630,000	4,630,000
Preferred stock, shares outstanding (in shares)	4,630,000	4,630,000

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenue
Rooms	$640,325	$746,576	$724,212
Food and beverage	112,701	153,602	160,488
Other	26,958	37,776	34,652
Total hotel revenue	779,984	937,954	919,352
Advisory services revenue	10,724	1,047	0
Other	4,141	526	305
Total revenue	794,849	939,527	919,657
Hotel operating expenses:
Rooms	143,751	170,393	166,026
Food and beverage	77,653	104,536	108,274
Other expenses	254,495	280,801	275,940
Management fees	31,125	38,792	38,342
Total hotel expenses	507,024	594,522	588,582
Property taxes, insurance and other	38,499	46,945	44,779
Depreciation and amortization	110,653	127,684	133,571
Impairment charges	-415	-396	-5,349
Gain on insurance settlement	-5	-270	-91
Transaction costs	625	1,324	0
Advisory services fee	4,533	0	0
Corporate, general and administrative	57,243	52,821	44,050
Total expenses	718,157	822,630	805,542
Operating income	76,692	116,897	114,115
Equity in earnings (loss) of unconsolidated entities	2,495	-23,404	-20,833
Interest income	62	71	125
Other income	6,573	5,650	31,700
Interest expense and amortization of loan costs	-114,502	-140,865	-144,339
Write-off of loan costs and exit fees	-10,353	-2,098	-3,998
Unrealized gain (loss) on marketable securities	-332	5,115	2,502
Unrealized loss on derivatives	-1,100	-8,315	-35,657
Loss from continuing operations before income taxes	-40,465	-46,949	-56,385
Income tax expense	-1,266	-1,511	-2,375
Loss from continuing operations	-41,731	-48,460	-58,760
Income (loss) from discontinued operations	33	-98	-3,448
Gain on sale of hotel properties, net of tax	3,491	0
Net loss	-38,207	-48,558	-62,208
(Income) loss from consolidated entities attributable to noncontrolling interests	406	-908	-868
Net loss attributable to redeemable noncontrolling interests in operating partnership	6,400	8,183	9,296
Net loss attributable to the Company	-31,401	-41,283	-53,780
Preferred dividends	-33,962	-33,962	-33,802
Net loss available to common stockholders	-65,363	-75,245	-87,582
Income (loss) per share – basic and diluted:
Loss from continuing operations attributable to common stockholders (in dollars per share)	($0.75)	($1)	($1.26)
Income (loss) from discontinued operations attributable to common stockholders (in dollars per share)	$0	$0	($0.04)
Net loss attributable to common stockholders (in dollars per share)	($0.75)	($1)	($1.30)
Weighted average common shares outstanding – basic and diluted (in shares)	87,622	75,155	67,533
Dividends declared per common share (in dollars per share)	$0.48	$0.48	$0.44
Amounts attributable to common stockholders:
Loss from continuing operations, net of tax	-31,430	-41,197	-50,751
Income (loss) from discontinued operations, net of tax	29	-86	-3,029
Preferred dividends	-33,962	-33,962	-33,802
Net loss available to common stockholders	($65,363)	($75,245)	($87,582)

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net loss	($38,207)	($48,558)	($62,208)
Other comprehensive income (loss), net of tax:
Change in unrealized loss on derivatives	0	-3	-144
Reclassification to interest expense	100	101	32
Total other comprehensive income (loss)	100	98	-112
Total comprehensive loss	-38,107	-48,460	-62,320
Comprehensive (income) loss attributable to noncontrolling interests in consolidated entities	406	-908	-868
Comprehensive loss attributable to redeemable noncontrolling interests in operating partnership	6,497	8,170	9,310
Comprehensive loss attributable to the Company	($31,204)	($41,198)	($53,878)

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Equity (USD $)	Total	Ashford Prime [Member]	Ashford Inc. [Member]	Common Stock [Member]	Series A Preferred Stock [Member]	Series D Preferred Stock [Member]	Series E Preferred Stock [Member]	Restricted Stock and Restricted Stock Units (RSUs) [Member]	Preferred Stock	Preferred Stock	Preferred Stock	Common Stock	Additional Paid-in Capital	Additional Paid-in Capital	Additional Paid-in Capital	Additional Paid-in Capital	Accumulated Deficit	Accumulated Deficit	Accumulated Deficit	Accumulated Deficit	Accumulated Deficit	Accumulated Other Comprehensive Income/(Loss)	Treasury Stock	Treasury Stock	Noncontrolling Interests in Consolidated Entities	Noncontrolling Interests in Consolidated Entities	Noncontrolling Interests in Consolidated Entities	Redeemable Noncontrolling Interest in Operating Partnership	Redeemable Noncontrolling Interest in Operating Partnership	Redeemable Noncontrolling Interest in Operating Partnership	Redeemable Noncontrolling Interest in Operating Partnership
In Thousands, except Share data									Series A Preferred Stock [Member]	Series D Preferred Stock [Member]	Series E Preferred Stock [Member]			Ashford Prime [Member]	Ashford Inc. [Member]	Restricted Stock and Restricted Stock Units (RSUs) [Member]		Common Stock [Member]	Series A Preferred Stock [Member]	Series D Preferred Stock [Member]	Series E Preferred Stock [Member]			Restricted Stock and Restricted Stock Units (RSUs) [Member]		Ashford Prime [Member]	Ashford Inc. [Member]		Ashford Prime [Member]	Ashford Inc. [Member]	Restricted Stock and Restricted Stock Units (RSUs) [Member]
Beginning balance at Dec. 31, 2011	$989,821								$15	$90	$46	$1,249	$1,746,259				($609,272)					($184)	($164,796)		$16,414			$112,796
Beginning balance (in shares) at Dec. 31, 2011									1,488,000	8,967,000	4,630,000	124,897,000											56,864,000
Purchases of treasury shares (in shares)																							-55,000
Purchases of treasury shares	-499																						-499
Equity-based compensation	2,593												2,666										-73					14,847
Forfeiture of restricted shares (in shares)																							-31,000
Forfeiture of restricted shares	0												72										-72
Issuance of stock (in shares)									169,000	502,000														204,000
Issuance of stock	15,982							0	2	5			15,975			-556								556							64
Dividends				-29,993	-3,516	-19,869	-10,417					-29,724						-29,993	-3,516	-19,869	-10,417
Net unrealized loss on derivative instruments	-126																					-126									-18
Reclassification to interest expense	28																					28						4
Distributions to noncontrolling interests	-1,924																								-1,924			-9,086
Redemption value adjustment	-43,620																-43,620											43,620
Unvested operating partnership units reclassified to equity	1,752												1,752															-1,752
Net income (loss)	-53,780		-38,182														-53,780
(Income) loss from consolidated entities attributable to noncontrolling interests	868																								868
Net income (loss) excluding redeemable noncontrolling interests	-52,912
Net loss attributable to redeemable noncontrolling interests in operating partnership	-9,296		0																									-9,296
Ending balance at Dec. 31, 2012	847,300								17	95	46	1,249	1,766,168				-770,467					-282	-164,884		15,358			151,179
Ending balance (in shares) at Dec. 31, 2012									1,657,000	9,469,000	4,630,000	124,897,000											56,746,000
Purchases of treasury shares (in shares)																							-33,000
Purchases of treasury shares	-401																						-401
Equity-based compensation	6,577												6,577															18,962
Forfeiture of restricted shares (in shares)																							-1,000
Forfeiture of restricted shares	0												5										-5
Issuance of stock (in shares)																								198,000
Issuance of stock	244							0					244			-540								540							69
Reissuance of treasury shares (in shares)																							12,251,000	12,251,000
Reissuance of treasury shares								140,111								115,415								24,696
Dividends				-37,054	-3,542	-20,002	-10,418					-36,841						-37,054	-3,542	-20,002	-10,418
Net unrealized loss on derivative instruments	-3																					-3
Reclassification to interest expense	88																					88						13
Distributions to noncontrolling interests	-17,390																								-17,390			-10,290
Ashford Prime spin-off / Ashford Inc. spin-off		-231,439												-233,611												2,172			-34,046
Redemption value adjustment	-13,344																-13,344											13,344
Unvested operating partnership units reclassified to equity	-3,158												-3,158															3,158
Deferred compensation to be settled in shares	1,643												1,643
Net income (loss)	-41,283		-47,719														-41,283
(Income) loss from consolidated entities attributable to noncontrolling interests	908																								908
Net income (loss) excluding redeemable noncontrolling interests	-40,375
Net loss attributable to redeemable noncontrolling interests in operating partnership	-8,183		0																									-8,183
Ending balance at Dec. 31, 2013	618,837								17	95	46	1,249	1,652,743				-896,110					-197	-140,054		1,048			134,206
Ending balance (in shares) at Dec. 31, 2013									1,657,000	9,469,000	4,630,000	124,897,000											44,331,000
Purchases of treasury shares (in shares)																							-41,000
Purchases of treasury shares	-458																						-458
Equity-based compensation	2,782												2,782															16,373
Forfeiture of restricted shares (in shares)																							-18,000
Forfeiture of restricted shares	23												68										-45
Issuance of stock (in shares)																								423,000
Issuance of stock								0								-993								993							50
Reissuance of treasury shares (in shares)																							8,350,000
Reissuance of treasury shares	85,840												72,243										13,597
Dividends				-41,894	-3,542	-20,002	-10,418					-41,592						-41,894	-3,542	-20,002	-10,418
Reclassification to interest expense	197																					197						-97
Distributions to noncontrolling interests	-255																								-255			-10,715
Sale of consolidated noncontrolling interest	1,200												640												560
Redemption/conversion of operating partnership units (in shares)																							160,000
Redemption/conversion of operating partnership units	1,415												1,574				-401						242					-1,434
Ashford Prime spin-off / Ashford Inc. spin-off			-18,560												-18,413												-147			-6,235
Redemption value adjustment	-45,988																-45,988											45,988
Unvested operating partnership units reclassified to redeemable noncontrolling interests	-5,328												-5,328															5,328
Deferred compensation to be settled in shares	391												958				-567
Net income (loss)	-31,401		-46,410														-31,401
(Income) loss from consolidated entities attributable to noncontrolling interests	-406																								-406
Net income (loss) excluding redeemable noncontrolling interests	-31,807
Net loss attributable to redeemable noncontrolling interests in operating partnership	-6,400		-24																									-6,400
Ending balance at Dec. 31, 2014	$532,433								$17	$95	$46	$1,249	$1,706,274				($1,050,323)					$0	($125,725)		$800			$177,064
Ending balance (in shares) at Dec. 31, 2014									1,657,000	9,469,000	4,630,000	124,897,000											35,457,000

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash Flows from Operating Activities
Net loss	($38,207)	($48,558)	($62,208)
Adjustments to reconcile net loss to net cash flows provided by operating activities:
Depreciation and amortization	110,931	127,990	136,527
Impairment charges	-415	-396	-1,229
Bad debt expense	346	0	0
Equity in (earnings) loss of unconsolidated entities	-2,495	23,404	20,833
Distributions of earnings from unconsolidated entities	995	0	0
Income from financing derivatives	0	-6,215	-32,040
Gain on sale of properties/notes receivable, net	-3,731	-193	-4,486
Realized and unrealized gain on trading securities	-5,447	-3,978	-1,861
Purchases of trading securities	-169,605	-61,484	-46,239
Sales of trading securities	143,732	61,025	45,252
Gain on insurance settlement	-5	-270	-91
Net settlement of trading derivatives	-505	-1,694	-4,093
Amortization of loan costs and write-off of loan costs and exit fees	17,590	9,870	10,319
Unrealized loss on derivatives	1,100	8,315	35,657
Equity-based compensation	19,155	25,539	17,440
Changes in operating assets and liabilities, exclusive of the effect of hotel acquisitions, hotel disposition, Ashford Prime spin-off and Ashford Inc. spin-off:
Restricted cash	2,257	19,863	-1,075
Accounts receivable and inventories	-174	633	-8,757
Prepaid expenses and other assets	415	-129	1,001
Accounts payable and accrued expenses	12,445	4,582	11,671
Due to/from affiliates	-2,171	-134	144
Due to/from related party	1,630	-3,391	1,310
Due to/from third-party hotel managers	22,169	-5,683	13,936
Due to/from Ashford Prime	-1,699	0	0
Due to/from Ashford Inc.	1,518	0	0
Other liabilities	1,490	-3,639	-1,376
Net cash provided by operating activities	111,319	145,457	130,635
Cash Flows from Investing Activities
Proceeds from sale/payments of notes receivable	246	245	5,216
Cash contribution to Ashford Prime OP	0	-162,822	0
Acquisition of hotel property, net of cash acquired	-71,591	-88,204	0
Cash contribution to Ashford Inc.	-32,119	0	0
Distribution from Ashford Prime OP	0	6,049	0
Restricted cash related to improvements and additions to hotel properties	-30,243	0	0
Improvements and additions to hotel properties	-120,105	-96,285	-81,403
Net proceeds from sale of assets/properties	30,269	654	7,741
Due from Ashford Prime	13,635	-13,635	0
Payments of franchise fees	-208	0	0
Proceeds from sale of consolidated noncontrolling interest	1,200	0	0
Proceeds from property insurance	1,671	0	0
Net cash used in investing activities	-207,245	-353,998	-68,446
Cash Flows from Financing Activities
Borrowings on indebtedness	718,825	287,075	346,000
Repayments of indebtedness and capital leases	-514,657	-184,815	-353,409
Payments of loan costs and prepayment penalties	-20,054	-5,386	-10,375
Payments of dividends	-85,417	-78,829	-71,564
Purchases of treasury shares	-458	-401	-499
Payments for derivatives	-666	-184	-184
Cash income from derivatives	0	7,878	32,046
Proceeds from preferred stock offering	0	244	15,982
Issuances of treasury stock	85,840	140,111	0
Distributions to noncontrolling interests in consolidated entities	-1,235	-14,376	-1,924
Redemption of operating partnership units and other	31	69	64
Net cash provided by (used in) financing activities	182,209	151,386	-43,863
Net change in cash and cash equivalents	86,283	-57,155	18,326
Cash and cash equivalents at beginning of year	128,780	185,935	167,609
Cash and cash equivalents at end of year	215,063	128,780	185,935
Supplemental Cash Flow Information
Interest paid	108,013	135,452	139,382
Income taxes paid	1,159	1,294	836
Supplemental Disclosure of Investing and Financing Activities
Non-cash deferred compensation	958	1,643	0
Dividend receivable from Ashford Prime	249	249	0
Distributions declared but not paid to a noncontrolling interest in a consolidated entity	0	980	0
Accrued but unpaid capital expenditures	2,774	2,998	4,709
Transfer of debt to Ashford Prime	69,000	0	0
Dividends declared but not paid	21,889	20,735	18,258
Net other liabilities acquired	396	1,691	0
Accrued interest added to principal of indebtedness	0	0	4,100
Assets transferred to receivership/lender	0	0	19,218
Liabilities transferred to receivership/lender	0	0	19,740
Net assets distributed to Ashford Prime OP (net of cash contributed)	0	102,662	0
Net liabilities distributed to Ashford Inc. (net of cash contributed)	$7,324	$0	$0

Organization_and_Description_o

Organization and Description of Business	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	Organization and Description of Business
	Ashford Hospitality Trust, Inc., together with its subsidiaries (“Ashford”), is a real estate investment trust (“REIT”) focused on investing in the hospitality industry across all segments and in all methods including direct real estate, securities, equity, and debt. We commenced operations in August 2003, as a self-advised REIT. In November 2014, we completed the spin-off of our asset management business, forming Ashford Inc. as a separate publicly-traded company, and we became advised by Ashford Inc. We continue to own our lodging investments and conduct our business through Ashford Trust OP, our operating partnership. Ashford OP General Partner LLC, a wholly-owned subsidiary of Ashford Hospitality Trust, Inc., serves as the sole general partner of our operating partnership. In this report, the terms “the Company,” “we,” “us” or “our” mean Ashford Hospitality Trust, Inc. and all entities included in its consolidated financial statements.
	On June 17, 2013, we announced that our Board of Directors had approved a plan to spin-off an 80% ownership interest in an 8-hotel portfolio, totaling 3,146 rooms (2,912 net rooms excluding those attributable to our partners), to holders of our common stock in the form of a taxable special distribution. The distribution was comprised of common stock in Ashford Prime, a newly formed company. We contributed the portfolio interests into Ashford Prime OP, Ashford Prime’s operating partnership. The distribution was made on November 19, 2013, on a pro rata basis to holders of our common stock as of November 8, 2013, with each of our stockholders receiving one share of Ashford Prime common stock for every five shares of our common stock held by such stockholder as of the close of business on November 8, 2013. Ashford Prime is a REIT for federal income tax purposes, and is listed on the New York Stock Exchange, under the symbol “AHP.” The transaction also included options for Ashford Prime to purchase the Crystal Gateway Marriott in Arlington, Virginia and the Pier House Resort in Key West, Florida. We sold the Pier House Resort to Ashford Prime on March 1, 2014, and Ashford Prime’s option to acquire the Crystal Gateway Marriott will expire on May 19, 2015.
	With respect to the eight hotel properties that are now owned by Ashford Prime, the operating results for the period from January 1, 2013 through November 18, 2013 and the years ended December 31, 2012 are included in our consolidated statements of operations for the respective years ended December 31, 2013 and 2012, in accordance with the applicable accounting guidance.
	On February 27, 2014, we announced that our Board of Directors had approved a plan to spin-off our asset management business into a separate publicly traded company in the form of a taxable special distribution. The spin-off was completed on November 12, 2014, with a pro-rata taxable distribution of Ashford Inc.’s common stock to our stockholders of record as of November 11, 2014. The distribution was comprised of one share of Ashford Inc. common stock for every 87 shares of our common stock held by our stockholders. In addition for each common unit of our operating partnership the holder received a common unit of the operating limited liability company subsidiary of Ashford Inc. Each holder of common units of the operating limited liability company of Ashford Inc. could exchange up to 99% of those units for shares of Ashford Inc. stock at the rate of one share of Ashford Inc. common stock for every 55 common units. The distribution was made on November 12, 2014. Following the spin-off, we continue to hold approximately 598,000 shares of Ashford Inc. common stock for the benefit of our common stockholders, which represents an approximate 30.1% ownership interest in Ashford Inc. at the time of the spin-off. In connection with the spin-off, we entered into a 20-year advisory agreement with Ashford Inc.
	As of December 31, 2014, we owned interests in the following assets:
	•	87 consolidated hotel properties (“legacy hotel properties”), including 85 directly owned and two owned through a majority-owned investment in a consolidated entity, which represent 17,205 total rooms (or 17,178 net rooms excluding those attributable to our partners);
	•	28 hotel properties owned through a 71.74% common equity interest and a 50.0% preferred equity interest in an unconsolidated entity (“PIM Highland JV”), which represent 8,084 total rooms (or 5,799 net rooms excluding those attributable to our partner);
	•	10 hotel properties owned through a 14.9% interest in Ashford Hospitality Prime Limited Partnership (“Ashford Prime OP”);
	•	86 hotel condominium units at WorldQuest Resort in Orlando, Florida;
	•	a 30.1% ownership in Ashford Inc. with a carrying value of $7.1 million; and
	•	a mezzanine loan with a carrying value of $3.6 million.
	For federal income tax purposes, we have elected to be treated as a REIT, which imposes limitations related to operating hotels. As of December 31, 2014, our 87 legacy hotel properties were leased or owned by our wholly owned subsidiaries that are treated as taxable REIT subsidiaries for federal income tax purposes (collectively, these subsidiaries are referred to as “Ashford TRS”). Ashford TRS then engages third-party or affiliated hotel management companies to operate the hotels under management contracts. Hotel operating results related to these properties are included in the consolidated statements of operations. As of December 31, 2014, the 28 hotel properties owned by our unconsolidated joint venture, PIM Highland JV, are leased to its wholly owned subsidiary that is treated as a taxable REIT subsidiary for federal income tax purposes.
	As of December 31, 2014, Remington Lodging & Hospitality, LLC, together with its affiliates (“Remington Lodging”), which is beneficially wholly owned by Mr. Monty J. Bennett, our Chairman and Chief Executive Officer, and Mr. Archie Bennett, Jr., our Chairman Emeritus, managed 55 of our 87 legacy hotel properties, 21 of the 28 PIM Highland JV hotel properties, one of the 10 Ashford Prime OP hotel properties and WorldQuest Resort. Third-party management companies managed the remaining hotel properties.

Significant_Accounting_Policie

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies
	Basis of Presentation – The accompanying consolidated financial statements include the accounts of Ashford Hospitality Trust, Inc., its majority-owned subsidiaries and its majority-owned joint ventures in which it has a controlling interest. All significant inter-company accounts and transactions between consolidated entities have been eliminated in these consolidated financial statements.
	Marriott International, Inc. (“Marriott”) manages 26 of our properties as of December 31, 2014. There were eight additional hotel properties managed by Marriott until May 31, 2013 and six properties managed by Marriott included in the Ashford Prime spin-off. For these 40 Marriott-managed hotels, the 2012 fiscal year reflects twelve weeks of operations in the first three quarters of the year and sixteen weeks for the fourth quarter of the year. Beginning in 2013, the fiscal quarters end on March 31st, June 30th, September 30th and December 31st. .For Marriott-managed hotels, the fourth quarters of 2014, 2013 and 2012 ended December 31, 2014, December 31, 2013, and December 28, 2012, respectively. Prior results have not been adjusted.
	Use of Estimates – The preparation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Cash and Cash Equivalents – Cash and cash equivalents include cash on hand or held in banks and short-term investments with an initial maturity of three months or less at the date of purchase.
	Restricted Cash – Restricted cash includes reserves for debt service, real estate taxes, and insurance, as well as excess cash flow deposits and reserves for furniture, fixtures, and equipment replacements of approximately 4% to 6% of property revenue for certain hotels, as required by certain management or mortgage debt agreement restrictions and provisions. For purposes of the consolidated statements of cash flows, changes in restricted cash caused by using such funds for debt service, real estate taxes, and insurance are shown as operating activities. Changes in restricted cash caused by using such funds for furniture, fixtures, and equipment replacements are included in cash flows from investing activities.
	Accounts Receivable – Accounts receivable consists primarily of meeting and banquet room rental and hotel guest receivables. We generally do not require collateral. We maintain an allowance for doubtful accounts for estimated losses resulting from the inability of guests to make required payments for services. The allowance is maintained at a level believed adequate to absorb estimated receivable losses. The estimate is based on past receivable loss experience, known and inherent credit risks, current economic conditions, and other relevant factors, including specific reserves for certain accounts.
	Inventories – Inventories, which primarily consist of food, beverages, and gift store merchandise, are stated at the lower of cost or market value. Cost is determined using the first-in, first-out method.
	Investments in Hotel Properties – Hotel properties are generally stated at cost. However, the remaining four hotel properties contributed upon Ashford’s formation in 2003 that are still owned by Ashford (the “Initial Properties”) are stated at the predecessor’s historical cost, net of impairment charges, if any, plus a noncontrolling interest partial step-up related to the acquisition of noncontrolling interests from third parties associated with the Initial Properties. For hotel properties owned through our majority-owned joint ventures, the carrying basis attributable to the joint venture partners’ minority ownership is recorded at the predecessor’s historical cost, net of any impairment charges, while the carrying basis attributable to our majority ownership is recorded based on the allocated purchase price of our ownership interests in the joint ventures. All improvements and additions which extend the useful life of the hotel properties are capitalized.
	Impairment of Investments in Hotel Properties – Hotel properties are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. We test impairment by using current or projected cash flows over the estimated useful life of the asset. In evaluating the impairment of hotel properties, we make many assumptions and estimates, including projected cash flows, expected holding period and expected useful life. We may also use fair values of comparable assets. If an asset is deemed to be impaired, we record an impairment charge for the amount that the property’s net book value exceeds its estimated fair value, less cost to sell. During 2012, we recorded an impairment charge of $4.1 million on one hotel property, all of which is included the operating results of discontinued operations. No impairment charges were recorded for investments in hotel properties included in our continuing operations for 2014, 2013 and 2012.
	Notes Receivable – We provide mezzanine loan financing, documented by notes receivable. These loans are held for investment and are intended to be held to maturity and accordingly, are recorded at cost, net of unamortized loan origination costs and fees, loan purchase discounts and the allowance for losses when a loan is deemed to be impaired. Premiums, discounts, and net origination fees are amortized or accreted as an adjustment to interest income using the effective interest method over the life of the loan. We discontinue recording interest and amortizing discounts/premiums when the contractual payment of interest and/or principal is not received when contractually due. Payments received on impaired nonaccrual loans are recorded as adjustments to impairment charges. No interest income was recorded for 2014, 2013 and 2012.
	Variable interest entities, as defined by authoritative accounting guidance, must be consolidated by their controlling interest beneficiaries if the variable interest entities do not effectively disperse risks among the parties involved. Our remaining mezzanine note receivable at December 31, 2014 is secured by a hotel property and is subordinate to the controlling interest in the secured hotel property. The note receivable is considered to be a variable interest in the entity that owns the related hotel. However, we are not considered to be the primary beneficiary of the hotel property as a result of holding the loan. Therefore, we do not consolidate the hotel property for which we have provided financing. We will evaluate the interests in entities acquired or created in the future to determine whether such entities should be consolidated. In evaluating the variable interest entity, our analysis involves considerable management judgment and assumptions.
	Impairment of Notes Receivable – We review notes receivable for impairment in each reporting period pursuant to the applicable authoritative accounting guidance. A loan is impaired when, based on current information and events, it is probable that we will be unable to collect all amounts recorded as assets on the balance sheet. We apply normal loan review and underwriting procedures (as may be implemented or modified from time to time) in making that judgment.
	When a loan is impaired, we measure impairment based on the present value of expected cash flows discounted at the loan’s effective interest rate against the value of the asset recorded on the balance sheet. We may also measure impairment based on a loan’s observable market price or the fair value of collateral if the loan is collateral dependent. If a loan is deemed to be impaired, we record a valuation allowance through a charge to earnings for any shortfall. Our assessment of impairment is based on considerable judgment and estimates. No impairment charges were recorded for 2014, 2013 and 2012. Valuation adjustments of $415,000, $396,000 and $5.3 million on previously impaired notes were credited to impairment charges during 2014, 2013 and 2012. See Notes 4 and 15.
	Investments in Unconsolidated Entities – Investments in entities in which we have ownership interests ranging from 14.4% to 71.74% are accounted for under the equity method of accounting by recording the initial investment and our percentage of interest in the joint venture’s net income (loss). We review the investments in our unconsolidated entities for impairment in each reporting period pursuant to the applicable authoritative accounting guidance. An investment is impaired when its estimated fair value is less than the carrying amount of our investment. Any impairment is recorded in equity earnings (loss) in unconsolidated entities. No such impairment was recorded in 2014, 2013 and 2012.
	Our investments in certain unconsolidated entities are considered to be variable interests in the underlying entities. Variable Interest Entities (“VIE”), as defined by authoritative accounting guidance, must be consolidated by a reporting entity if the reporting entity is the primary beneficiary because it has (i) the power to direct the VIE’s activities that most significantly impact the VIE’s economic performance, (ii) an implicit financial responsibility to ensure that a VIE operates as designed, and (iii) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE. Because we do not have the power and financial responsibility to direct the unconsolidated entities’ activities and operations, we are not considered to be the primary beneficiary of these joint ventures on an ongoing basis and therefore such entities should not be consolidated. In evaluating VIEs, our analysis involves considerable management judgment and assumptions.
	In 2011, we acquired a 71.74% ownership interest in PIM Highland JV through contributions made by various entities in which we had equity investments and an additional cash investment. We adopted the equity accounting method for our investment in the PIM Highland JV due to the fact that we exercise significant influence but do not control the joint venture. Although we have the majority ownership of 71.74% in the joint venture, all the major decisions related to the joint venture, including establishment of policies and operating procedures with respect to business affairs, incurring obligations and expenditures, are subject to the approval of an executive committee, which is comprised of four persons with us and our joint venture partner each designating two of those persons. Our investment in PIM Highland JV had a carrying value of $144.8 million and $139.3 million at December 31, 2014 and 2013, respectively.
	In connection with the previously discussed spin-off of Ashford Prime on November 19, 2013, we maintained a 20% ownership interest in Ashford Prime OP (subsequently reduced to a 15.0% ownership interest, as of December 31, 2014, primarily as the result of an additional equity raise by Ashford Prime). We adopted the equity accounting method for our investment in Ashford Prime OP due to the fact that we exercise significant influence but do not control the entity. All major decisions related to Ashford Prime OP that most significantly impact Ashford Prime OP’s economic performance, including but not limited to operating procedures with respect to business affairs and any acquisitions, dispositions, financings, restructurings or other transactions with sellers, purchasers, lenders, brokers, agents and other applicable representatives, are subject to the approval of Ashford Prime OP General Partner LLC, its general partner. Our investment in Ashford Prime had a carrying value of $54.9 million and $56.2 million at December 31, 2014 and 2013, respectively.
	On February 27, 2014, we announced that our Board of Directors had approved a plan to spin-off our asset management business into a separate publicly traded company in the form of a taxable special distribution. The spin-off was completed on November 12, 2014, with a pro-rata taxable distribution of Ashford Inc.’s common stock to our stockholders of record as of November 11, 2014. The distribution was comprised of one share of Ashford Inc. common stock for every 87 shares of our common stock held by our stockholders. In addition for each common unit of our operating partnership the holder received a common unit of the operating limited liability company subsidiary of Ashford Inc. Each holder of common units of the operating limited liability company of Ashford Inc. could exchange up to 99% of those units for shares of Ashford Inc. stock at the rate of one share of Ashford Inc. common stock for every 55 common units. The distribution was made on November 12, 2014. Following the spin-off, we continue to hold approximately 598,000 shares of Ashford Inc. common stock for the benefit of our common stockholders, which represents an approximate 30.1% ownership interest in Ashford Inc. at the time of the spin-off. In connection with the spin-off, we entered into a 20-year advisory agreement with Ashford Inc. Our ownership interest in Ashford Inc. was 30.1% and had a carrying value of $7.1 million at December 31, 2014.
	Assets Held for Sale and Discontinued Operations – We classify assets as held for sale when management has obtained a firm commitment from a buyer, and consummation of the sale is considered probable and expected within one year. In addition, we deconsolidate a property upon transfer of title . When deconsolidating a property/subsidiary, we recognize a gain or loss in net income measured as the difference between the fair value of any consideration received, the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary is deconsolidated, and the carrying amount of the former property/subsidiary. The related operations of assets held for sale are reported as discontinued if a) such operations and cash flows can be clearly distinguished, both operationally and financially, from our ongoing operations, b) such operations and cash flows will be eliminated from ongoing operations once the disposal occurs, and c) we will not have any significant continuing involvement subsequent to the disposal.
	Marketable Securities – Marketable securities include U.S. treasury bills and stocks, put and call options of certain publicly traded companies. All of these investments are recorded at fair value. Put and call options are considered derivatives. The fair value of these investments has been determined based on the closing price as of the balance sheet date and is reported as “Marketable securities” or “Liabilities associated with marketable securities and other” in the consolidated balance sheets. The cost of securities sold is determined by using the high cost method. Net investment income, including interest income (expense), dividends, realized gains and losses, and costs of investment, is reported as a component of “Other income.” Unrealized gains and losses on these investments are reported as “Unrealized gain (loss) marketable securities” in the consolidated statements of operations.
	Deferred Costs, net – Deferred loan costs are recorded at cost and amortized over the terms of the related indebtedness using the effective interest method. Deferred franchise fees are amortized on a straight-line basis over the terms of the related franchise agreements.
	Intangible Asset, net – Intangible asset represents the market value related to a lease agreement obtained in connection with the CNL acquisition that was below the market rate at the date of the acquisition and is amortized over the remaining term of the lease. An intangible asset was contributed to Ashford Prime OP in connection with the Ashford Prime spin-off in 2013. For the years ended December 31, 2014, 2013 and 2012, amortization expense related to intangibles was zero, $79,000 and $89,000, respectively.
	Derivative Instruments and Hedging – We primarily use interest rate derivatives to hedge our risks and to capitalize on the historical correlation between changes in LIBOR and RevPAR. The interest rate derivatives include swaps, caps, floors, flooridors and corridors. Interest rate swaps (or reverse swaps) involve the exchange of fixed-rate payments for variable-rate payments (or vice versa) over the life of the derivative agreements without exchange of the underlying principal amount. Interest rate caps designated as cash flow hedges provide us with interest rate protection above the strike rate on the cap and result in us receiving interest payments when actual rates exceed the cap strike. For interest rate floors, we pay our counterparty interest when the variable interest rate index is below the strike rate. The interest rate flooridor combines two interest rate floors, structured such that the purchaser simultaneously buys an interest rate floor at a strike rate X and sells an interest rate floor at a lower strike rate Y. The purchaser of the flooridor is paid when the underlying interest rate index (for example, LIBOR) resets below strike rate X during the term of the flooridor. Unlike a standard floor, the flooridor limits the benefit the purchaser can receive as the related interest rate index falls. Once the underlying index falls below strike rate Y, the sold floor offsets the purchased floor. The interest rate corridor involves purchasing of an interest rate cap at one strike rate X and selling an interest rate cap with a higher strike rate Y. The purchaser of the corridor is paid when the underlying interest rate index resets above the strike rate X during the term of the corridor. The corridor limits the benefit the purchaser can receive as the related interest rate index rises above the strike rate Y. There is no liability to us other than the purchase price associated with the flooridor and corridor.
	We assess the effectiveness of each hedging relationship by comparing the changes in fair value or cash flows of the derivative hedging instrument with the changes in fair value or cash flows of the designated hedged item or transaction. We also use credit default swaps to hedge financial and capital market risk. All these derivatives are subject to master netting settlement arrangements and the credit default swaps are subject to credit support annexes. As the derivatives are subject to master netting settlement arrangements, we report derivatives with the same counterparty net on the consolidated balance sheets. For credit default swaps, cash collateral is posted by us as well as our counterparty. We offset the fair value of the derivative and the obligation/right to return/reclaim cash collateral.
	All derivatives are recorded at fair value in accordance with the applicable authoritative accounting guidance. Interest rate derivatives and credit default swaps are reported as “Derivative assets, net” or “Liabilities associated with marketable securities and other” in the consolidated balance sheets. Accrued interest on non-hedge designated interest rate derivatives is included in “Accounts receivable, net” in the consolidated balance sheets. For interest rate derivatives designated as cash flow hedges:
	a)	the effective portion of changes in fair value is initially reported as a component of “Accumulated other comprehensive income (loss)” (“OCI”) in the equity section of the consolidated balance sheets and reclassified to interest expense in the consolidated statements of operations in the period during which the hedged transaction affects earnings, and
	b)	the ineffective portion of changes in fair value is recognized directly in earnings as “Unrealized gain (loss) on derivatives” in the consolidated statements of operations. For the years ended December 31, 2014, 2013 and 2012 there was no ineffectiveness.
	For non-hedge designated interest rate derivatives and credit default swaps, changes in fair value are recognized in earnings as “Unrealized loss on derivatives” in the consolidated statements of operations.
	Due to/from Affiliates – Due to/from affiliates represents current receivables and payables resulting primarily from advances of shared costs incurred. Both due to and due from affiliates are generally settled within a period not exceeding one year.
	Due to/from Related Party – Due to/from related party represents current receivables and payables resulting from transactions related to hotel management, project management and market services with a related party. Due to/from related party is generally settled within a period not exceeding one year.
	Due to/from Ashford Prime – Due to/from Ashford Prime represents current receivables and payables resulting primarily from costs associated with the spin-off of Ashford Prime as well as receivables related to advisory fees. Both due to and due from Ashford Prime will generally be settled within a period not exceeding one year.
	Due to/from Ashford Inc. – Due to/from Ashford Inc. represents current receivables and payables resulting primarily from costs associated with the spin-off of Ashford Inc. as well as payables related to advisory fees. Both due to and due from Ashford Inc. will generally be settled within a period not exceeding one year.
	Due to/from Third-Party Hotel Managers – Due from third-party hotel managers primarily consists of amounts due from Marriott related to cash reserves held at the Marriott corporate level related to operating, capital improvements, insurance, real estate taxes, and other items. Due to/from third-party hotel managers also represents current receivables and payables resulting from transactions related to hotel management.
	Unfavorable Management Contract Liabilities – Certain management agreements assumed in the acquisition of a hotel in 2006 and the CNL acquisition in 2007 had terms that were more favorable to the respective managers than typical market management agreements at the acquisition dates. As a result, we recorded unfavorable contract liabilities related to those management agreements totaling $23.4 million based on the present value of expected cash outflows over the initial terms of the related agreements. The unfavorable contract liabilities are amortized as reductions to incentive management fees on a straight-line basis over the initial terms of the related agreements. In evaluating unfavorable contract liabilities, our analysis involves considerable management judgment and assumptions. An unfavorable management contract with a carrying value of $493,000 was contributed to Ashford Prime OP in connection with the Ashford Prime spin-off.
	Noncontrolling Interests – The redeemable noncontrolling interests in the operating partnership represent the limited partners’ proportionate share of equity in earnings/losses of the operating partnership, which is an allocation of net income attributable to the common unit holders based on the weighted average ownership percentage of these limited partners’ common unit holdings throughout the period plus distributions paid to these limited partners’ Class B unit holdings. The redeemable noncontrolling interests in our operating partnership is classified in the mezzanine section of the consolidated balance sheets as these redeemable operating units do not meet the requirements for equity classification prescribed by the authoritative accounting guidance because the redemption feature requires the delivery of cash or registered shares. The carrying value of the noncontrolling interests in the operating partnership is based on the greater of the accumulated historical cost or the redemption value.
	The noncontrolling interests in consolidated entities represent ownership interests of 15% of two hotel properties held by one joint venture at December 31, 2014. The noncontrolling interests in consolidated entities that represented ownership interest of 25% of two hotel properties held by one joint venture were contributed to Ashford Prime in connection with the previously discussed spin-off. At December 31, 2012, the noncontrolling interest in consolidated entities represented ownership interests ranging from 15% to 25% of four hotel properties held by two joint ventures. The noncontrolling interests in consolidated entities are reported in equity in the consolidated balance sheets.
	Net income/loss attributable to redeemable noncontrolling interests in the operating partnership and income/loss from consolidated entities attributable to noncontrolling interests in our consolidated entities are reported as deductions/additions from/to net income/loss. Comprehensive income/loss attributable to these noncontrolling interests is reported as reductions/additions from/to comprehensive income/loss.
	Guarantees – Upon acquisition of the 51-hotel CNL Portfolio on April 11, 2007, we assumed certain guarantees, which represent funds provided by third-party hotel managers to guarantee minimum returns for certain hotel properties. As we are obligated to repay such amounts through increased incentive management fees through cash reimbursements, such guarantees are recorded as other liabilities. During 2013, payments were made to satisfy all guarantees and as a result there are no future obligations.
	Revenue Recognition – Hotel revenues, including room, food, beverage, and ancillary revenues such as long-distance telephone service, laundry, parking and space rentals, are recognized when services have been rendered. Taxes collected from customers and submitted to taxing authorities are not recorded in revenue. Advisory services are recognized when services have been rendered. The quarterly base fee is equal to 0.70% per annum of the total market capitalization, as defined, of Ashford Prime, subject to certain minimums. The incentive fee is earned annually in each year that Ashford Prime’s total stockholder return exceeds the total stockholder return for Ashford Prime’s peer group, as defined. Reimbursements for overhead and internal audit services are recognized when services have been rendered. We also recorded advisory revenue for equity grants of Ashford Prime common stock and LTIP units awarded to our officers and employees in connection with providing advisory services equal to the fair value of the award in proportion to the requisite service period satisfied during the period, as well an offsetting expense in an equal amount included in “Corporate, general and administrative” expense. As previously discussed, this agreement was transferred in connection with the Ashford Inc. spin-off. We are reimbursed by PIM Highland JV for costs associated with managing its day-to-day operations and providing corporate administrative services such as accounting, insurance, marketing support, asset management and other services. Beginning with the three months ended March 31, 2014, we changed the presentation to report such reimbursements as “Other” revenue as opposed to credits within “Corporate, general and administrative” expense. This change had no impact on our financial condition or results of operations. Interest income, representing interest on the mezzanine loan (including accretion of discounts on the mezzanine loan using the effective interest method), is recognized when earned. We discontinue recording interest and amortizing discounts/premiums when the contractual payment of interest and/or principal is not received when contractually due. Asset management fees are recognized when services are rendered.
	Other Expenses – Other expenses include Internet, telephone charges, guest laundry, valet parking, and hotel-level general and administrative fees, sales and marketing expenses, repairs and maintenance, franchise fees and utility costs. They are expensed as incurred.
	Advertising Costs – Advertising costs are charged to expense as incurred. For 2014, 2013 and 2012, our continuing operations incurred advertising costs of $3.3 million, $4.1 million and $4.0 million, respectively. Advertising costs related to continuing operations are included in “Other expenses” in the accompanying consolidated statement of operations.
	Equity-Based Compensation – Stock/unit-based compensation is accounted for at fair value based on the market price of the shares at the date of grant in accordance with applicable authoritative accounting guidance. The fair value is charged to compensation expense on a straight-line basis over the vesting period of the shares/units.
	Depreciation and Amortization – Owned hotel properties are depreciated over the estimated useful life of the assets and leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the related assets. Presently, hotel properties are depreciated using the straight-line method over lives ranging from 7.5 to 39 years for buildings and improvements and 3 to 5 years for furniture, fixtures and equipment. While we believe our estimates are reasonable, a change in estimated useful lives could affect depreciation expense and net income (loss) as well as resulting gains or losses on potential hotel sales.
	Income Taxes – As a REIT, we generally will not be subject to federal corporate income tax on the portion of our net income (loss) that does not relate to taxable REIT subsidiaries. However, Ashford TRS is treated as a taxable REIT subsidiary for federal income tax purposes. In accordance with authoritative accounting guidance, we account for income taxes related to Ashford TRS using the asset and liability method under which deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. In addition, the analysis utilized by us in determining our deferred tax asset valuation allowance involves considerable management judgment and assumptions.
	The “Income Taxes” topic of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification addresses the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. The guidance requires us to determine whether tax positions we have taken or expect to take in a tax return are more likely than not to be sustained upon examination by the appropriate taxing authority based on the technical merits of the positions. Tax positions that do not meet the more likely than not threshold would be recorded as additional tax expense in the current period. We analyze all open tax years, as defined by the statute of limitations for each jurisdiction, which includes the federal jurisdiction and various states. We classify interest and penalties related to underpayment of income taxes as income tax expense. We and our subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and cities. Tax years 2011 through 2014 remain subject to potential examination by certain federal and state taxing authorities.
	Income (Loss) Per Share – Basic income (loss) per common share is calculated by dividing net income (loss) attributable to common stockholders by the weighted average common shares outstanding during the period using the two-class method prescribed by applicable authoritative accounting guidance. Diluted income (loss) per common share is calculated using the two-class method, or the treasury stock method, if more dilutive. Diluted income/loss per common share reflects the potential dilution that could occur if securities or other contracts to issue common shares were exercised or converted into common shares, whereby such exercise or conversion would result in lower income per share.
	Recently Issued Accounting Standards—In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). ASU 2014-08 revises the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results, removing the lack of continuing involvement criteria and requiring discontinued operations reporting for the disposal of an equity method investment that meets the definition of discontinued operations. The update also requires expanded disclosures for discontinued operations, including disclosure of pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting. ASU 2014-08 is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2014. Upon adoption of this standard in 2015, we will be required to evaluate whether a disposal meets the discontinued operations requirements under ASU 2014-08. We will make the additional disclosures upon adoption. Upon adoption, we anticipate that the operations of sold hotel properties through the date of their disposal will be included in continuing operations.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). ASU 2014-09 is a comprehensive new revenue recognition model, which requires a company to recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration the company expects to receive in exchange for those goods or services. The update will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. ASU 2014-09 is effective in fiscal periods beginning after December 15, 2016. Early adoption is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method.
	In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), to provide guidance on management's responsibility to perform interim and annual assessments of an entity’s ability to continue as a going concern and to provide related disclosure requirements. ASU 2014-15 applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. We do not expect the adoption of this standard will have an impact on our financial position, results of operations or cash flows.

Investment_in_Hotel_Properties

Investment in Hotel Properties	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Investments in Hotel Properties	Investments in Hotel Properties
	Investments in hotel properties consisted of the following (in thousands):
		December 31,
		2014			2013
	Land	$	358,514		$	410,148
	Buildings and improvements	2,125,656			2,071,811
	Furniture, fixtures and equipment	211,777			166,193
	Construction in progress	11,704			11,956
	Condominium properties	12,065			12,442
	Total cost	2,719,716			2,672,550
	Accumulated depreciation	(591,105		)	(508,161		)
	Investments in hotel properties, net	$	2,128,611		$	2,164,389
	The cost of land and depreciable property, net of accumulated depreciation, for federal income tax purposes was approximately $1.9 billion and $2.0 billion as of December 31, 2014 and 2013.
	For the years ended December 31, 2014, 2013 and 2012, we recognized depreciation expense, including depreciation of assets under capital leases and discontinued hotel properties, of $110.6 million, $127.5 million and $136.0 million, respectively.
	The authoritative accounting guidance requires non-financial assets be measured at fair value when events or changes in circumstances indicate that the carrying amount of an asset will not be recoverable. An asset is considered impaired if the carrying value of the hotel property exceeds its estimated undiscounted cash flows and the impairment is calculated as the amount by which the carrying value of the hotel property exceeds its estimated fair value. Our investments in hotel properties are reviewed for impairment at each reporting period, taking into account the latest operating cash flows and market conditions and their impact on future projections. Management uses considerable subjective and complex judgments in determining the assumptions used to estimate the fair value and undiscounted cash flows, and believes these are assumptions that would be consistent with the assumptions of market participants.
	Acquisitions
	On July 18, 2014, we acquired a 100% interest in the Ashton hotel in Fort Worth, Texas (“Ashton”) for total consideration of $8.0 million. The acquisition was funded with cash, and we subsequently borrowed $5.5 million, secured by a mortgage on the property. We allocated the assets acquired and liabilities assumed using the estimated fair value information based on a third party appraisal. We are in the process of evaluating property level working capital balances, which amount to a net liability of $66,000. This valuation is considered a Level 3 valuation technique.
	The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed in the acquisition (in thousands):
	Land	$	800
	Buildings and improvements	6,687
	Furniture, fixtures, and equipment	500
		7,987
	The results of operations of the hotel property have been included in our results of operations since July 18, 2014. For the year ended December 31, 2014, we have included total revenue of $1.3 million and net loss of $31,000 in our consolidated statements of operations.
	On July 31, 2014, to fund a portion of the acquisition of the Ashton hotel, we completed the financing of a $5.5 million mortgage loan. The mortgage loan bears interest at a rate of LIBOR + 3.75% (with a .25% LIBOR floor) for the first 18 months and a fixed rate of 4.0% thereafter. The stated maturity is July 2019, with no extension options. The mortgage loan is secured by the Ashton hotel.
	On August 6, 2014, we acquired a 100% interest in the Fremont Marriott Silicon Valley hotel in Fremont, California (“Fremont”) for total consideration of $50.0 million. The acquisition was funded with proceeds from a $37.5 million non-recourse mortgage loan and cash. We allocated the assets acquired and liabilities assumed using the estimated fair value information based on a third party appraisal. We are in the process of evaluating property level working capital balances, which amount to a net liability of $261,000. This valuation is considered a Level 3 valuation technique.
	The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed in the acquisition (in thousands):
	Land	$	5,800
	Buildings and improvements	41,100
	Furniture, fixtures, and equipment	3,100
		50,000
	The results of operations of the hotel property have been included in our results of operations since August 6, 2014. For the year ended December 31, 2014, we have included total revenue of $8.1 million and net income of $25,000 in our consolidated statements of operations.
	On August 6, 2014, to fund a portion of the acquisition of the Fremont hotel, we completed the financing of a $37.5 million mortgage loan. The mortgage loan bears interest at a rate of LIBOR + 4.20%. The stated maturity is August 2016, with three one-year extension options. The mortgage loan is secured by the Fremont Marriott Silicon Valley hotel.
	On May 14, 2013, we acquired a 100% interest in the Pier House Resort in Key West, Florida, for a contractual purchase price of $90.0 million in cash. In connection with the acquisition, we incurred transaction costs of $901,000, which are included in transaction costs on the consolidated statement of operations. The purchase price has been allocated to the assets acquired and liabilities assumed using the estimated fair value at the date of acquisition based on a third party appraisal. This valuation is considered a Level 3 valuation technique.
	The following table summarizes the estimated fair value of the assets acquired and liabilities assumed in the acquisition (in thousands):
	Land	$	56,900
	Buildings and improvements	26,925
	Furniture, fixtures, and equipment	6,100
		89,925
	Net other assets and liabilities	(1,691		)
	Total	$	88,234
	The results of operations of the hotel property have been included in our results of operations from May 14, 2013 through February 28, 2014. For the year ended December 31, 2013, we have included revenues of $11.5 million and net income of $2.7 million, in the consolidated statements of operations.
	See Note 24 for pro forma financial information.

Notes_Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Notes Receivable	Notes Receivable
	Our mezzanine loan, which is secured by the Ritz Carlton Key Biscayne, had an original face amount of $38.0 million, of which our initial investment was $33.0 million. This loan was restructured in 2010 with a cash payment of $20.2 million and a $4.0 million face value note receivable which matures in June 2017, with an interest rate of 6.09%. At December 31, 2014 and 2013, this mezzanine loan had a net carrying value of $3.6 million and $3.4 million, respectively, net of the balance in the valuation allowance of $7.5 million and $7.9 million, respectively. All required payments on this loan have been made and payments on this loan have been treated as a reduction of carrying values and the valuation allowance adjustments have been recorded as credits to impairment charges in accordance with applicable accounting guidance.
	Principal and interest payments were not made since October 2008, on the $18.2 million junior participation note receivable secured by the Four Seasons hotel property in Nevis. The underlying hotel property suffered significant damage by Hurricane Omar. In 2009, we recorded an impairment charge to fully reserve this note receivable. In May 2010, the senior mortgage lender foreclosed on the loan. As a result of the foreclosure, our interest in the senior mortgage was converted to a 14.4% subordinate beneficial interest in the equity of the trust that holds the hotel property. Due to our junior status in the trust, we have not recorded any value for our beneficial interest at December 31, 2014 and 2013.
	In June 2009, Extended Stay Hotels, LLC (“ESH”), the issuer of our $164 million principal balance mezzanine loan receivable secured by 681 hotels with an initial maturity in June 2009, filed for Chapter 11 bankruptcy protection from its creditors. This mezzanine loan was originally purchased for $98.4 million. At the time of ESH’s bankruptcy filing, a discount of $11.4 million had been amortized to increase the carrying value of the note to $109.4 million. We anticipated that ESH, through its bankruptcy filing, would attempt to impose a plan of reorganization which could extinguish our investment. Accordingly, we recorded a valuation allowance of $109.4 million in earnings for the full amount of the book value of the note. In October 2010, the ESH bankruptcy proceedings were completed and settled with new owners. The full amount of the valuation allowance was charged off in 2010. In 2012, a valuation adjustment of $5.0 million on the previously impaired note was credited to impairment charges as a result of proceeds received in a confidential settlement.

Investment_in_Unconsolidated_E

Investment in Unconsolidated Entities	12 Months Ended
	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Entities	Investment in Unconsolidated Entities
	In March 2011, we acquired a 71.74% ownership interest in the PIM Highland JV and a $25.0 million preferred equity interest earning an accrued but unpaid 15% annual return with priority over common equity distributions. Additionally, in March 2011, PIM Highland JV through a debt restructuring and consensual foreclosure, acquired a 28-hotel portfolio. We have determined that the PIM Highland JV is a variable interest entity as its total equity at risk was not sufficient to permit it to finance its activities without additional subordinated financial support provided by any parties, including its equity holders. Although we have the majority ownership interest and can exercise significant influence over the joint venture, we do not control the activities that most significantly impact the PIM Highland JV’s economic performance. All the major decisions related to the joint venture, including establishment of policies and operating procedures with respect to business affairs, incurring obligations and expenditures, are subject to the approval of an executive committee, which is comprised of four persons with us and our joint venture partner each designating two of those persons. As a result, we are not the primary beneficiary of PIM Highland JV and our investment in the joint venture is accounted for using the equity method. We had a carrying value of $144.8 million and $139.3 million at December 31, 2014 and 2013, respectively, and our maximum exposure of loss is limited to our investment in PIM Highland JV except as discussed below.
	We executed a Letter Agreement (the “Agreement”) dated December 14, 2014, with PRISA III Investments, LLC, a Delaware limited liability company (“Seller”). The Agreement was approved by the investment committee of Prudential Real Estate Investors, the investment manager of Seller, and fully executed and delivered to us on December 15, 2014. Pursuant to the Agreement, we agreed to purchase and Seller agrees to sell (the “Transaction”) all of Seller’s right, title and interest in and to its approximately 28.26% interest in PIM Highland JV. Prior to the consummation of the Transaction, we own approximately 71.74% of PIM Highland JV and Seller owns approximately 28.26% of PIM Highland JV. After the consummation of the Transaction, we will own 100% of PIM Highland JV.
	The mortgage and mezzanine loans securing the Highland Portfolio are nonrecourse to the borrowers, except for customary exceptions, or carve-outs, that trigger recourse liability to the borrowers in certain limited instances. The recourse obligations typically include only the payment of costs and liabilities suffered by the lenders as a result of the occurrence of certain bad acts on the part of the borrower; however, in certain cases, the carve-outs could trigger recourse obligations on the part of the borrower with respect to repayment of all or a portion of the outstanding principal amount of the loans. We have entered into customary guaranty agreements pursuant to which we guaranty payment of any recourse liabilities of the borrowers that result from the non-recourse carve-outs (which include, but are not limited to, fraud, misrepresentation, willful conduct resulting in waste, misappropriations of rents following an event of default, voluntary bankruptcy filings, unpermitted transfers of collateral and certain environmental liabilities). In the opinion of management, none of these guaranty agreements, either individually or in the aggregate, are likely to have a material adverse effect on our business, results of operations, or financial condition.
	The following tables summarize the condensed balance sheets as of December 31, 2014 and 2013 and the condensed statement of operations for the years ended December 31, 2014, 2013 and 2012 of the PIM Highland JV (in thousands):
	PIM Highland JV
	Condensed Consolidated Balance Sheets
		December 31,
		2014			2013
	Total assets	$	1,394,806		$	1,390,782
	Total liabilities	1,166,682			1,173,841
	Members’ capital	228,124			216,941
	Total liabilities and members’ capital	$	1,394,806		$	1,390,782
	Our ownership interest in PIM Highland JV	$	144,784		$	139,302
	PIM Highland JV
	Condensed Consolidated Statements of Operations
		Year Ended December 31,
		2014			2013			2012
	Total revenue	$	466,703		$	426,760		$	416,892
	Total expenses	(391,779		)	(385,133		)	(377,453		)
	Operating income	74,924			41,627			39,439
	Interest income and other	53			69			102
	Interest expense, amortization and write-offs of deferred loan costs, discounts and premiums and exit fees	(59,456		)	(64,316		)	(63,497		)
	Other expenses	(44		)	—			(72		)
	Income tax expense	(4,294		)	(1,345		)	(2,353		)
	Net income (loss)	$	11,183		$	(23,965	)	$	(26,381	)
	Our equity in earnings (loss) of PIM Highland JV	$	5,482		$	(19,392	)	$	(20,833	)
	On June 17, 2013, we announced that our Board of Directors had approved a plan to spin-off an 80% ownership interest in an 8-hotel portfolio, totaling 3,146 rooms (2,912 net rooms excluding those attributable to our partners), to holders of our common stock in the form of a taxable special distribution. The distribution was comprised of common stock in Ashford Prime, a newly formed company into which we contributed the portfolio interests. The distribution was made on November 19, 2013, on a pro rata basis to holders of our common stock as of November 8, 2013, with each of our common stockholders receiving one share of Ashford Prime common stock for every five shares of our common stock held by such stockholder as of the close of business on November 8, 2013. We had a 20% ownership interest in Ashford Prime OP at the time of the spin-off. Our ownership interest in Ashford Prime OP was 14.9% at December 31, 2014. In connection with the Ashford Prime Spin-off, we are still jointly and severally liable under certain carve-out guarantees and environmental indemnities associated with three loans. Ashford Prime has indemnified us in the case that any of these guarantees are ever called.
	The following tables summarize the condensed consolidated balance sheets as of December 31, 2014 and 2013 and the condensed consolidated and combined consolidated statements of operations for the years ended December 31, 2014, 2013 and 2012 of Ashford Prime as well as our equity in earnings (loss) since November 19, 2013 (in thousands):
	Ashford Hospitality Prime Limited Partnership
	Condensed Consolidated Balance Sheets
		December 31,
		2014			2013
	Total assets	$	1,229,508		$	962,407
	Total liabilities	805,510			659,280
	Partners’ capital	423,998			303,127
	Total liabilities and partners’ capital	$	1,229,508		$	962,407
	Our ownership interest in Ashford Prime OP	$	54,907		$	56,243
	Ashford Hospitality Prime Limited Partnership
	Condensed Consolidated and Combined Consolidated Statements of Operations
		Year Ended December 31,
		2014			2013			2012
	Total revenue	$	307,308		$	233,496		$	221,188
	Total expenses	(263,558		)	(214,086		)	(189,382		)
	Operating income	43,750			19,410			31,806
	Interest income	27			23			29
	Interest expense and amortization and write-offs of loan costs	(39,031		)	(34,982		)	(31,244		)
	Unrealized loss on derivatives	(111		)	(36		)	—
	Income tax expense	(1,097		)	(2,343		)	(4,384		)
	Net income (loss)	3,538			(17,928		)	(3,793		)
	Income from consolidated entities attributable to noncontrolling interests	(1,103		)	(934		)	(752		)
	Net income (loss) attributable to Ashford Prime OP	$	2,435		$	(18,862	)	$	(4,545	)
	Our equity in earnings (loss) of Ashford Prime OP	$	258		$	(4,012	)	$	—
	On February 27, 2014, we announced that our Board of Directors had approved a plan to spin-off our asset management business into a separate publicly traded company in the form of a taxable special distribution. The spin-off was completed on November 12, 2014, with a pro-rata taxable distribution of Ashford Inc.’s common stock to our stockholders of record as of November 11, 2014. The distribution was comprised of one share of Ashford Inc. common stock for every 87 shares of our common stock held by our stockholders. In addition for each common unit of our operating partnership the holder received a common unit of the operating limited liability company subsidiary of Ashford Inc. Each holder of common units of the operating limited liability company of Ashford Inc. could exchange up to 99% of those units for shares of Ashford Inc. stock at the rate of one share of Ashford Inc. common stock for every 55 common units. The distribution was made on November 12, 2014. Following the spin-off, we continue to hold approximately 598,000 shares of Ashford Inc. common stock for the benefit of our common stockholders, which represents an approximate 30.1% ownership interest in Ashford Inc. at the time of the spin-off. In connection with the spin-off, we entered into a 20-year advisory agreement with Ashford Inc. The fair value of our ownership interest was $56.2 million at December 31, 2014.
	The following tables summarize the condensed consolidated and combined balance sheets as of December 31, 2014 and 2013 and the condensed combined consolidated statements of operations for the years ended December 31, 2014, 2013 and 2012 of Ashford Inc. as well as our equity in loss since November 13, 2014 (in thousands):
	Ashford Inc.
	Condensed Consolidated and Combined Balance Sheets
		December 31,
		2014			2013
	Total assets	$	49,230		$	2,322
	Total liabilities	33,912			8,081
	Owner’s equity (deficit)	15,318			(5,759		)
	Total liabilities and owners’ equity (deficit)	$	49,230		$	2,322
	Our ownership interest in Ashford Inc.	$	7,099		$	—
Ashford Inc.
Condensed Combined Consolidated and Combined Statements of Operations
	Year Ended December 31,
	2014			2013			2012
Total revenue	$	17,288		$	960		$	—
Total expenses	(63,586		)	(48,672		)	(38,182		)
Operating loss	(46,298		)	(47,712		)	(38,182		)
Income tax expense	(783		)	(7		)	—
Net loss	(47,081		)	(47,719		)	(38,182		)
Loss from consolidated entities attributable to noncontrolling interests	647			—			—
Net loss attributable to redeemable noncontrolling interests in Ashford LLC	24			—			—
Net loss attributable to Ashford Inc.	$	(46,410	)	$	(47,719	)	$	(38,182	)
Our equity in loss of Ashford Inc.	$	(3,245	)	$	—		$	—
Additionally, as of December 31, 2014 and 2013, we had a 14.4% subordinated beneficial interest in a trust that holds the Four Seasons hotel property in Nevis, which had a zero carrying value.

Assets_Held_for_Sale_and_Disco

Assets Held for Sale and Discontinued Operations	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Assets Held for Sale and Discontinued Operations	Assets Held for Sale and Discontinued Operations
	In November 2014, we completed the sale of the Homewood Suites hotel in Mobile, Alabama. The operating results of this hotel are reported as discontinued operations for all periods presented.
	At December 31, 2010, the Hilton hotel property in Tucson, Arizona had a reasonable probability of being sold. Based on our assessment of the purchase price obtained from potential buyers, we recorded an impairment charge of $39.9 million during 2010. During the second quarter of 2012, we determined that this property was not to be held long-term as operating cash flows were not anticipated to cover principal and interest payments of the related debt secured by this hotel. In addition, regarding this loan, we ceased making principal and interest payments after July 31, 2012. Based on our assessment, which included marketing this hotel for sale, we concluded that the carrying value of this asset would not be recoverable. Consequently, in the second quarter of 2012, we recognized an additional impairment charge of $4.1 million related to this hotel, which reduced its carrying value to $19.7 million and represented our estimate of its fair value. The impairment charge was based on methodologies discussed in Note 2, which are considered Level 3 valuation techniques. Effective August 15, 2012, via a consensual foreclosure with our lender, a receiver appointed by Pima County Superior Court in Arizona completed taking possession and full control of this hotel. The hotel property was disposed of and deconsolidated in December 2012 when title passed to the lender. Additionally, we sold our Doubletree Guest Suites hotel in Columbus, Ohio in November 2012 for net proceeds of $7.7 million. The operating results of these properties are reported in discontinued operations for all periods presented.
	The hotel properties included in discontinued operations were carried at lower of cost or estimated fair value less cost to sell at the date they were classified as assets held for sale. In accordance with applicable accounting guidance, the inputs used in determining the fair values are categorized into three levels: level 1 inputs are inputs obtained from quoted prices in active markets for identical assets, level 2 inputs are significant other inputs that are observable for the assets either directly or indirectly, and level 3 inputs are unobservable inputs for the asset and reflect our own assumptions about the assumptions that market participants would use in pricing the asset.
	The following table presents our hotel properties measured at fair value aggregated by the level in the fair value hierarchy within which measurements fall on a non-recurring basis at December 31, 2014, 2013 and 2012, and related impairment charges recorded (in thousands):
		Level 1			Level 2			Level 3		Total		Impairment
												Charges
	2012
	Hilton Tucson, AZ	—			—			—		—		$	4,120	(1)
	_________________________
	(1)	The impairment charge was taken in the quarter ended June 30, 2012, based on its estimated fair value of $19.7 million which we considered to be a level 3 fair value measure.
	The following table summarizes the operating results of the discontinued operations (in thousands):
		Year Ended December 31,
		2014				2013			2012
	Hotel revenues	$	2,479			$	2,733		$	32,347
	Hotel operating expenses	(1,678		)		(1,791		)	(29,480		)
	Operating income	801				942			2,867
	Property taxes, insurance and other	(109		)		(130		)	(1,708		)
	Depreciation and amortization	(278		)		(306		)	(2,956		)
	Impairment charge	—				—			(4,120		)
	Gain (loss) on disposal/sales of properties	(49		)		—			4,486
	Interest expense and amortization of loan costs	(332		)		(604		)	(1,921		)
	Write-off of loan costs and exit fees	—				—			(119		)
	Income (loss) from discontinued operations before income taxes	33				(98		)	(3,471		)
	Income tax benefit	—				—			23
	Income (loss) from discontinued operations	33				(98		)	(3,448		)
	(Income) loss from discontinued operations attributable to redeemable noncontrolling interests in operating partnership	(4		)		12			419
	Income (loss) from discontinued operations attributable to the Company	$	29			$	(86	)	$	(3,029	)

Deferred_Costs_net

Deferred Costs, net	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, net	Deferred Costs, net
	Deferred costs, net consist of the following (in thousands):
		December 31,
		2014			2013
	Deferred loan costs	$	22,131		$	27,049
	Deferred franchise fees	3,168			4,037
	Total costs	25,299			31,086
	Accumulated amortization	(12,711		)	(20,931		)
	Deferred costs, net	$	12,588		$	10,155

Indebtedness

Indebtedness	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Indebtedness	Indebtedness
	Indebtedness of our continuing operations and the carrying values of related collateral were as follows at December 31, 2014 and 2013 (in thousands):
						31-Dec-14				December 31, 2013
	Indebtedness		Collateral	Maturity	Interest Rate	Debt		Book		Debt		Book
						Balance		Value of		Balance		Value of
								Collateral				Collateral
	Mortgage loan (5)		5 hotels	Mar-14	LIBOR (1) + 4.50%	$	—	$	—	$	164,433	$	213,501
	Mortgage loan (7)		1 hotel	May-14	8.32%	—		—		5,075		8,994
	Senior credit facility (4)		Various	Sep-14	LIBOR (1) + 2.75% to 3.50%	—		—		—		—
	Mortgage loan (10)		5 hotels	Nov-15	Greater of 6.40% or LIBOR (1) + 6.15%	211,000		308,427		211,000		313,202
	Mortgage loan (8)		8 hotels	Dec-14	5.75%	—		—		102,348		82,314
	Mortgage loan (6) (8)		9 hotels	May-15	LIBOR (1) + 6.50%	—		—		135,000		193,016
	Mortgage loan		10 hotels	Jul-15	5.22%	145,278		177,769		148,991		170,897
	Mortgage loan (3)		1 hotel	Sep-15	LIBOR (1) + 4.90%	—		—		69,000		88,836
	Mortgage loan		8 hotels	Dec-15	5.70%	92,772		75,959		94,899		77,733
	Mortgage loan		5 hotels	Feb-16	5.53%	105,164		128,380		107,737		127,073
	Mortgage loan (8)		5 hotels	Feb-16	5.53%	—		—		89,347		96,248
	Mortgage loan		5 hotels	Feb-16	5.53%	75,546		100,203		77,394		102,629
	Mortgage loan (5)		5 hotels	Feb-16	LIBOR (1) + 4.75%	200,000		210,974		—		—
	Mortgage loan (2) (8)		7 hotels	Aug-16	LIBOR (1) + 4.35%	301,000		190,072		—		—
	Mortgage loan (2) (8)		5 hotels	Aug-16	LIBOR (1) + 4.38%	62,900		99,539		—		—
	Mortgage loan (2)		1 hotel	Aug-16	LIBOR (1) + 4.20%	37,500		48,926		—		—
	Mortgage loan		5 hotels	Apr-17	5.95%	111,869		123,891		113,343		125,913
	Mortgage loan		5 hotels	Apr-17	5.95%	100,552		116,132		101,878		113,256
	Mortgage loan		5 hotels	Apr-17	5.95%	153,002		155,234		155,019		155,429
	Mortgage loan		7 hotels	Apr-17	5.95%	122,384		146,209		123,997		142,980
	Mortgage loan (9)		1 hotel	Jul-19	LIBOR (1) + 3.75%	5,525		7,742		—		—
	Mortgage loan		1 hotel	Nov-20	6.26%	99,780		112,278		101,268		113,927
	Mortgage loan		1 hotel	Jan-24	5.49%	10,673		16,460		10,800		17,223
	Mortgage loan		1 hotel	Jan-24	5.49%	7,313		9,161		7,400		8,624
	Mortgage loan (7)		1 hotel	May-24	4.99%	6,845		8,525		—		—
	Mortgage loan (8)		3 hotels	Aug-24	5.20%	67,520		47,706		—		—
	Mortgage loan (8)		2 hotels	Aug-24	4.85%	12,500		9,698		—		—
	Mortgage loan (8)		3 hotels	Aug-24	4.90%	24,980		16,132		—		—
	Total					$	1,954,103	$	2,109,417	$	1,818,929	$	2,151,795
	____________________________________
	(1) LIBOR rates were 0.171% and 0.168% at December 31, 2014 and 2013, respectively.
	(2) This mortgage loan has three one-year extension options subject to satisfaction of certain conditions.
	(3) This mortgage loan was assumed by Ashford Prime in connection with the sale of the Pier House Resort.
	(4) The senior credit facility expired in September 2014 and was not extended.
	(5) On January 24, 2014, we refinanced our $164.4 million loan due March 2014 with a $200.0 million loan due February 2016, with three one-year extension options, subject to the satisfaction of certain conditions. The new loan provides for an interest rate of LIBOR + 4.75%, with a LIBOR floor of 0.20%.
	(6) This mortgage loan had three one-year extension options subject to satisfaction of certain conditions. The first one-year extension period began in May 2014.
	(7) On May 1, 2014, we refinanced our $5.1 million loan due May 2014 with a $6.9 million loan due May 2024, with no extension options. The new loan provides for a fixed interest rate of 4.99%.
	(8) On July 25, 2014, we refinanced our $135.0 million loan due May 2015, $102.3 million loan due December 2014, and $89.3 million loan due February 2016 with a $301.0 million loan due August 2016, a $62.9 million loan due August 2016, a $67.5 million loan due August 2024, a $12.5 million loan due August 2024 and a $25.0 million loan due August 2024.
	(9) This mortgage loan provides for an interest rate of LIBOR + 3.75% with a .25% LIBOR floor for the first 18 months and is fixed at 4.0% thereafter.
	(10) This mortgage loan had three one-year extension options subject to satisfaction of certain conditions. The first one-year extension period began in November 2014.
	Our senior credit facility expired in September 2014. We do not currently plan to replace it with another credit facility. Cash flows from operations, capital market activities and property refinancing proceeds have provided sufficient liquidity throughout the term of the credit facility. Additionally, we never drew on the credit facility. Accordingly, the absence of a credit facility is not expected to have a significant impact on our liquidity.
	On August 6, 2014, to fund a portion of the acquisition of the Fremont Marriott Silicon Valley hotel, we completed the financing of a $37.5 million mortgage loan. The mortgage loan bears interest at a rate of LIBOR + 4.20%. The stated maturity is August 2016, with three one-year extension options. The mortgage loan is secured by the Fremont Marriott Silicon Valley hotel.
	On July 31, 2014, to fund a portion of the acquisition of the Ashton hotel, we completed the financing of a $5.5 million mortgage loan. The mortgage loan bears interest at a rate of LIBOR + 3.75% (with a .25% LIBOR floor) for the first 18 months and a fixed rate of 4.0% thereafter. The stated maturity is July 2019, with no extension options. The mortgage loan is secured by the Ashton hotel.
	On July 25, 2014, we refinanced three mortgage loans, including our $135.0 million mortgage loan due May 2015, our $102.3 million mortgage loan due December 2014, which had an outstanding balance of $101.1 million, and our $89.3 million mortgage loan due February 2016, which had an outstanding balance of $88.5 million. The new loans total $468.9 million. As a result of the refinancing, the Homewood Suites Mobile and the Hampton Inn Terre Haute, Indiana are now unencumbered by debt. Other than the properties noted above, the new loans continue to be secured by the same hotel properties.
	On May 1, 2014, we refinanced our $5.1 million loan due May 2014 with a $6.9 million loan due May 2024, with no extension options. The new loan provides for a fixed interest rate of 4.99%. The new loan continues to be secured by the same hotel property, the Courtyard Hartford-Manchester in Manchester, Connecticut.
	On January 24, 2014, we refinanced our $164.4 million loan due March 2014 with a $200.0 million loan due February 2016, with three one-year extension options, subject to the satisfaction of certain conditions. The new loan provides for an interest rate of LIBOR + 4.75%, with a LIBOR floor of 0.20%. The new loan continues to be secured by the same five hotels that secured the original loan, including: the Embassy Suites Philadelphia Airport, Embassy Suites Walnut Creek, Sheraton Mission Valley San Diego, Sheraton Anchorage and the Hilton Minneapolis/St Paul Airport Mall of America.
	On December 20, 2013, we refinanced our $6.5 million loan due April 2034, with a $10.8 million loan due January 2024. The new loan provides for a fixed interest rate of 5.49%. The new loan continues to be secured by the Residence Inn Jacksonville. Additionally, we completed the financing for a $7.4 million loan due January 2024. The new loan provides for a fixed interest rate of 5.49% and is secured by the Residence Inn Manchester. We have an 85% ownership interest in the property, with Interstate Hotels & Resorts holding the remaining 15%. Our share of the excess loan proceeds were added to our unrestricted cash balance.
	On September 10, 2013, we completed the financing for a $69.0 million loan due September 2015 and secured by the Pier House Resort. The new financing has a two-year term and three, one-year extension options with no test requirements for the first two extensions. The loan provides for a floating interest rate of LIBOR + 4.90%, with no LIBOR Floor. The loan proceeds, net of closing costs and reserves, were added to our unrestricted cash balance.
	On February 26, 2013, we refinanced our $141.7 million loan due August 2013, which had an outstanding balance of $141.0 million, with a $199.9 million loan due February 2018. The new loan provides for an interest rate of LIBOR + 3.50%, with no LIBOR floor. The new loan continues to be secured by the Capital Hilton in Washington, DC and the Hilton La Jolla Torrey Pines in La Jolla, California. We had a 75% ownership interest in the properties, with Hilton holding the remaining 25%. The excess loan proceeds above closing costs and reserves were distributed to the partners on a pro rata basis. Our share of the excess loan proceeds was approximately $40.5 million, which was added to our unrestricted cash balance. These properties were included in the Ashford Prime spin-off.
	Maturities and scheduled amortizations of indebtedness of our continuing operations as of December 31, 2014 for each of the five following years are as follows (in thousands):
	2015	$	461,876
	2016	749,951
	2017	477,449
	2018	3,854
	2019	46,720
	Thereafter	214,253
	Total	$	1,954,103
	We are required to maintain certain financial ratios under various debt and derivative agreements. If we violate covenants in any debt or derivative agreement, we could be required to repay all or a portion of our indebtedness before maturity at a time when we might be unable to arrange financing for such repayment on attractive terms, if at all. Violations of certain debt covenants may result in us being unable to borrow unused amounts under a line of credit, even if repayment of some or all borrowings is not required. The assets of certain of our subsidiaries listed on Exhibit 21.2 of this filing are pledged under non-recourse indebtedness and are not available to satisfy the debts and other obligations of Ashford Trust or AHLP, our operating partnership, and the liabilities of such subsidiaries do not constitute the obligations of Ashford Trust or AHLP. Presently, our existing financial covenants are non-recourse and primarily relate to maintaining minimum debt coverage ratios, maintaining an overall minimum net worth, maintaining a maximum loan to value ratio, and maintaining an overall minimum total assets. As of December 31, 2014, we were in compliance in all material respects with all covenants or other requirements set forth in our debt and related agreements as amended.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging	12 Months Ended
	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging	Derivative Instruments and Hedging
	Interest Rate Derivatives – We are exposed to risks arising from our business operations, economic conditions and financial markets. To manage the risks, we primarily use interest rate derivatives to hedge our debt as a way to potentially improve cash flows. We also use non-hedge derivatives to capitalize on the historical correlation between changes in LIBOR and RevPAR. The interest rate derivatives currently include interest rate caps. These derivatives are subject to master netting settlement arrangements. To mitigate the nonperformance risk, we routinely rely on a third party’s analysis of the creditworthiness of the counterparties, which supports our belief that the counterparties’ nonperformance risk is limited. All derivatives are recorded at fair value.
	In May 2011, we entered into an interest rate swap agreement for a notional amount of $1.18 billion to convert our existing floating-rate debt (including our 71.74% of the floating rate debt of the PIM Highland JV) to a fixed one-month LIBOR rate of 0.2675%. The swap was effective from June 13, 2011 and terminated on January 13, 2012. There was no upfront cost to us for entering into this swap other than customary transaction costs. We made swap interest payments totaling $302,000 in 2011 under the agreement that is included in “Other income” in the accompanying consolidated statements of operations.
	In October 2010, we converted our $1.8 billion interest rate swap into a fixed rate swap of 4.09%, resulting in locked-in annual interest savings of approximately $31.5 million through March 2013 at no cost to us. Under the previous swap, which we entered into in March 2008 and which expired in March 2013, we received a fixed rate of 5.84% and paid a variable rate of LIBOR plus 2.64%, subject to a LIBOR floor of 1.25%. Under the terms of the new swap transaction, we received a fixed rate of 5.84%, but paid a fixed rate of 4.09%.
	During 2014, 2013 and 2012, we entered into interest rate caps with total notional amounts of $947.1 million, $268.9 million and $346.0 million, respectively, to cap the interest rates on our mortgage loans with maturities between May 2012 and August 2016, and strike rates between 1.50% and 6.25%, for total costs of $666,000, $184,000 and $184,000, respectively. These interest rate caps were designated as cash flow hedges, excluding two interest rate caps entered into in 2012 with a notional amount of $211.0 million and all the interest rate caps entered into in 2014 and 2013. At December 31, 2014 and 2013, our floating interest rate mortgage loans, with principal balances of $812.4 million and $280.0 million, respectively, were capped by interest rate hedges. One interest rate cap entered into in 2013 with a notional amount of $199.9 million was transferred to Ashford Prime in connection with the previously discussed spin-off.
	The cost basis of interest rate derivatives for federal income tax purposes was approximately $610,000 and $181,000 as of December 31, 2014 and 2013.
	Credit Default Swap Derivatives – In August 2011, we entered into credit default swap transactions for a notional amount of $100.0 million to hedge financial and capital market risk for an upfront cost of $8.2 million that was subsequently returned to us as collateral by our counterparty. A credit default swap is a derivative contract that functions like an insurance policy against the credit risk of an entity or obligation. The seller of protection assumes the credit risk of the reference obligation from the buyer (us) of protection in exchange for annual premium payments. If a default or a loss, as defined in the credit default swap agreements, occurs on the underlying bonds, then the buyer of protection is protected against those losses. The only liability for us, the buyer, is the annual premium and any change in value of the underlying CMBX index (if the trade is terminated prior to maturity). For all CMBX trades completed to date, we were the buyer of protection. Credit default swaps are subject to master-netting settlement arrangements and credit support annexes. Assuming the underlying bonds pay off at par over their remaining average life, our total exposure for these trades is approximately $8.5 million. Cash collateral is posted by us as well as our counterparty. We offset the fair value of the derivative and the obligation/right to return/reclaim cash collateral. The change in market value of credit default swaps is settled net through posting cash collateral or reclaiming cash collateral between us and our counterparty when the change in market value is over $250,000. The net carrying value of our credit default swaps was a liability of $184,000 and $73,000 as of December 31, 2014 and 2013, respectively, which are included in “Liabilities associated with marketable securities and other”, respectively, in the consolidated balance sheets. For the years ended December 31, 2014, 2013 and 2012, we have recognized an unrealized loss of $616,000, $1.9 million and $3.9 million, respectively, that is included in “Unrealized loss on derivatives” in the consolidated statements of operations.
	Marketable Securities and Liabilities Associated with Marketable Securities and Other – We invest in public securities, including stocks and put and call options, which are considered derivatives. At December 31, 2014, we had investments in these derivatives totaling $654,000 and liabilities of $997,000. At December 31, 2013, we had investments in these derivatives totaling $560,000 and liabilities of $561,000.

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements
	Fair Value Hierarchy – Our financial instruments measured at fair value either on a recurring or a non-recurring basis are classified in a hierarchy for disclosure purposes consisting of three levels based on the observability of inputs in the market place as discussed below:
	•	Level 1: Fair value measurements that are quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets.
	•	Level 2: Fair value measurements based on inputs other than quoted prices included in Level 1, that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals.
	•	Level 3: Fair value measurements based on valuation techniques that use significant inputs that are unobservable. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability.
	The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts/payments and the discounted expected variable cash payments/receipts. The fair values of interest rate caps, floors, flooridors and corridors are determined using the market standard methodology of discounting the future expected cash receipts that would occur if variable interest rates fell below the strike rates of the floors or rise above the strike rates of the caps. The variable interest rates used in the calculation of projected receipts and payments on the swaps, caps, and floors are based on an expectation of future interest rates derived from observable market interest rate curves (LIBOR forward curves) and volatilities (the Level 2 inputs). We also incorporate credit valuation adjustments (the Level 3 inputs) to appropriately reflect both our own non-performance risk and the respective counterparty’s non-performance risk in the fair value measurements.
	The fair value of the credit default swaps is obtained from a third party who publishes various information including the index composition and price data (the Level 2 inputs). The fair value of the credit default swaps does not contain credit-risk related adjustments as the change in the fair value is settled net through posting cash collateral or reclaiming cash collateral between us and our counterparty.
	The fair value of marketable securities and liabilities associated with marketable securities and other, including stocks, put and call options and other are carried at fair market value based on their closing prices (the level 1 inputs).
	We have determined that when a majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy, the derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. However, when the 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 our counter-parties, which we consider significant (10% or more) to the overall valuation of our derivatives, the derivative valuations in their entirety are classified in Level 3 of the fair value hierarchy. Transfers of inputs between levels are determined at the end of each reporting period. In determining the fair values of our derivatives at December 31, 2014, the LIBOR interest rate forward curve (the Level 2 inputs) assumed an uptrend from 0.17% to 0.89% for the remaining term of our derivatives. The credit spreads (the Level 3 inputs) used in determining the fair values of the hedge and non-hedge designated derivatives assumed an uptrend in nonperformance risk for us and all of our counterparties through the maturity dates.
	Assets and Liabilities Measured at Fair Value on a Recurring Basis
	The following table presents our assets and liabilities measured at fair value on a recurring basis aggregated by the level within which measurements fall in the fair value hierarchy (in thousands):
		Quoted Market Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Counter-party and Cash Collateral Netting (4)				Total
	December 31, 2014:
	Assets
	Derivative assets:
	Interest rate derivatives – non-hedge	$	—			$	182			$	—			$	—			$	182		(1)
	Equity put and call options	654				—				—				—				654			(2)
	Non-derivative assets:
	Equity securities	62,563				—				—				—				62,563			(2)
	Total	63,217				182				—				—				63,399
	Liabilities
	Derivative liabilities:
	Credit default swaps	—				379				—				(563		)		(184		)	(3)
	Short equity put options	(216		)		—				—				—				(216		)	(3)
	Short equity call options	(781		)		—				—				—				(781		)	(3)
	Non-derivative liabilities:
	Short equity securities	(17		)		—				—				—				(17		)	(3)
	Margin account balance	(5,003		)		—				—				—				(5,003		)	(3)
	Total	(6,017		)		379				—				(563		)		(6,201		)
	Net	$	57,200			$	561			$	—			$	(563	)		$	57,198
	December 31, 2013:
	Assets
	Derivative assets:
	Interest rate derivatives – non-hedge	$	—			$	19			$	—			$	—			$	19		(1)
	Equity put and call options	560				—				—				—				560			(2)
	Non-derivative assets:
	Equity securities	29,041				—				—				—				29,041			(2)
	Total	29,601				19				—				—				29,620
	Liabilities
	Derivative liabilities:
	Credit default swaps	—				995				—				(1,068		)		(73		)	(3)
	Short equity put options	(82		)		—				—				—				(82		)	(3)
	Short equity call options	(479		)		—				—				—				(479		)	(3)
	Non-derivative liabilities:
	Margin account balance	(3,130		)		—				—				—				(3,130		)	(3)
	Total	(3,691		)		995				—				(1,068		)		(3,764		)
	Net	$	25,910			$	1,014			$	—			$	(1,068	)		$	25,856
	_________________________
	(1)	Reported net as “Derivative assets, net” in the consolidated balance sheets.
	(2)	Reported as “Marketable securities” in the consolidated balance sheets.
	(3)	Reported as “Liabilities associated with marketable securities and other” in the consolidated balance sheets.
	(4)	Represents cash collateral posted by our counterparty.
	Effect of Fair Value Measured Assets and Liabilities on Consolidated Statements of Operations
	The following table summarizes the effect of fair value measured assets and liabilities on the consolidated statement of operations (in thousands):
																										Reclassified from
		Gain or (Loss)												Interest Savings or (Cost)												Accumulated OCI into Interest Expense
		Recognized in Income												Recognized in Income
		Year Ended December 31,												Year Ended December 31,												Year Ended December 31,
		2014				2013				2012				2014				2013				2012				2014		2013		2012
	Assets
	Derivative assets:
	Interest rate derivatives	$	(484	)		$	(10,778	)		$	(48,827	)		$	—			$	10,639			$	54,199			$	100	$	101	$	32
	Credit default swaps	—				—				(4,014		)		—				—				—				—		—		—
	Equity call options and other	(3,942		)		(1,388		)		(3,644		)		—				—				—				—		—		—
	(4,426		)		(12,166		)		(56,485		)		—				10,639				54,199				100		101		32
Non-derivative assets:
Equity and US treasury securities	7,932				5,779				3,341				—				—				—				—		—		—
Total	3,506				(6,387		)		(53,144		)		—				10,639				54,199				100		101		32
Liabilities
Derivative liabilities:
Interest rate derivatives	—				4,400				17,091				—				(4,424		)		(22,159		)		—		—		—
Credit default swaps	(699		)		(2,025		)		—				—				—				—				—		—		—
Short equity put options	1,111				(138		)		1,610				—				—				—				—		—		—
Short equity call options	429				(274		)		393				—				—				—				—		—		—
Total	841				1,963				19,094				—				(4,424		)		(22,159		)		—		—		—
Non-derivative liabilities:
Short equity securities	—				—				64				—				—				—				—		—		—
Total	841				1,963				19,158				—				(4,424		)		(22,159		)		—		—		—
Net	$	4,347			$	(4,424	)		$	(33,986	)		$	—			$	6,215			$	32,040			$	100	$	101	$	32
Total combined
Interest rate derivatives	$	(484	)		$	(6,378	)		$	(31,736	)		$	—			$	6,215			$	32,040			$	100	$	101	$	32
Credit default swaps	(616		)		(1,937		)		(3,921		)		—				—				—				—		—		—
Total derivatives	(1,100		)	(1)	(8,315		)	(1)	(35,657		)	(1)	—			(2)	6,215			(2)	32,040			(2)	100		101		32
Unrealized gain (loss) on marketable securities	(332		)	(3)	5,115			(3)	2,502			(3)	—				—				—				—		—		—
Realized loss on marketable securities	5,779			(2) (4)	(1,224		)	(2) (4)	(831		)	(2) (4)	—				—				—				—		—		—
Net	$	4,347			$	(4,424	)		$	(33,986	)		$	—			$	6,215			$	32,040			$	100	$	101	$	32
_________________________
(1)	Reported as “Unrealized gain (loss) on derivatives” in the consolidated statements of operations.
(2)	Included in “Other income” in the consolidated statements of operations.
(3)	Reported as “Unrealized gain (loss) on marketable securities” in the consolidated statements of operations.
(4)	Includes costs of $83, $88 and $93, respectively in 2014, 2013 and 2012 associated with credit default swaps.
There was no change in fair value of our interest rate derivatives that were recognized in other comprehensive income (loss) for the twelve months ended December 31, 2014. In 2013 and 2012, the change in fair values of our interest rate derivatives that were recognized as change in other comprehensive income (loss) totaled $(3,000) and $(144,000), respectively.
During the next twelve months, we expect no accumulated comprehensive income (loss) will be reclassified to interest expense.

Summary_of_Fair_Value_of_Finan

Summary of Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2014
Investments, All Other Investments [Abstract]
Summary of Fair Value of Financial Instruments	Summary of Fair Value of Financial Instruments
	Financial Instruments Measured at Fair Value on a Recurring basis
	The carrying amounts and estimated fair values of financial instruments measured at fair value on a recurring basis were as follows (in thousands):
		31-Dec-14				31-Dec-13
		Carrying		Estimated		Carrying		Estimated
		Value		Fair Value		Value		Fair Value
	Financial assets:
	Marketable securities	$	63,217	$	63,217	$	29,601	$	29,601
	Derivative assets	182		182		19		19
	Liabilities associated with marketable securities and other	6,201		6,201		3,764		3,764
	Marketable securities. Marketable securities consist of public equity securities and equity put and call options. The fair value of these investments is based on quoted market closing prices at the balance sheet date. See Notes 2, 9, and 10 for a complete description of the methodology and assumptions utilized in determining the fair values.
	Derivative assets and Liabilities associated with marketable securities and other. Fair value of the interest rate derivatives are determined using the net present value of the expected cash flows of each derivative based on the market-based interest rate curve and adjusted for credit spreads of Ashford and the counterparties. Fair value of the credit default swap derivatives is obtained from a third party who publishes the CMBX index composition and price data. Liabilities associated with marketable securities and other consists of a margin account balance, short public equity securities and short equity put and call options. Fair value is determined based on the quoted market closing prices at the balance sheet date. See Notes 2, 9, and 10 for a complete description of the methodology and assumptions utilized in determining the fair values.
	Financial Instruments Not Measured at Fair Value
	Some of our financial instruments are not measured at fair value on a recurring basis. Determining the estimated fair values of certain financial instruments such as notes receivable and indebtedness requires considerable judgment to interpret market data. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Accordingly, the estimates presented are not necessarily indicative of the amounts at which these instruments could be purchased, sold or settled. The carrying amounts and estimated fair values of financial instruments not measured at fair value were as follows (in thousands):
		31-Dec-14				31-Dec-13
		Carrying		Estimated		Carrying		Estimated
		Value		Fair Value		Value		Fair Value
	Financial assets not measured at fair value:
	Cash and cash equivalents	$	215,063	$	215,063	$	128,780	$	128,780
	Restricted cash	85,830		85,830		61,498		61,498
	Accounts receivable	22,399		22,399		21,791		21,791
	Notes receivable	3,553		3,049 to 3,370		3,384		2,800 to 3,094
	Due from affiliates	3,473		3,473		1,302		1,302
	Due from Ashford Prime OP, net	896		896		13,042		13,042
	Due from third-party hotel managers	12,241		12,241		33,728		33,728
	Financial liabilities not measured at fair value:
	Indebtedness of continuing operations	$	1,954,103	$1,905,801 to $2,106,413		$	1,818,929	$1,786,651 to $1,974,714
	Accounts payable and accrued expenses	71,118		71,118		70,683		70,683
	Dividends payable	21,889		21,889		20,735		20,735
	Due to Ashford Inc., net	8,202		8,202		—		—
	Due to related party, net	1,867		1,867		270		270
	Due to third-party hotel managers	1,640		1,640		958		958
	Cash, cash equivalents and restricted cash. These financial assets bear interest at market rates and have maturities of less than 90 days. The carrying values approximate fair value due to the short-term nature of these financial instruments. This is considered a Level 1 valuation technique.
	Accounts receivable, accounts payable and accrued expenses, dividends payable, due to/from related party, due to/from affiliates, due to/from Ashford Prime OP, Due to/from Ashford Inc. and due to/from third-party hotel managers. The carrying values of these financial instruments approximate their fair values due to the short-term nature of these financial instruments. This is considered a Level 1 valuation technique.
	Notes receivable. Fair value of the notes receivable was determined by using similar loans with similar collateral. Since there is very little to no trading activity we had to rely on our internal analysis of what we believe a willing buyer would pay for these notes at December 31, 2014 and 2013. We estimated the fair value of the notes receivable to be approximately 14.2% to 5.2% lower than the carrying value of $3.6 million at December 31, 2014, and approximately 17.3% to 8.6% lower than the carrying value of $3.4 million at December 31, 2013. This is considered a Level 2 valuation technique.
	Indebtedness. Fair value of indebtedness is determined using future cash flows discounted at current replacement rates for these instruments. Cash flows are determined using a forward interest rate yield curve. The current replacement rates are determined by using the U.S. Treasury yield curve or the index to which these financial instruments are tied, and adjusted for the credit spreads. Credit spreads take into consideration general market conditions, maturity and collateral. For the December 31, 2014 and 2013 indebtedness valuations, we used estimated future cash flows discounted at applicable index forward curves adjusted for credit spreads. We estimated the fair value of total indebtedness to be approximately 97.5% to 107.8% of the carrying value of $2.0 billion at December 31, 2014 and approximately 98.2% to 108.6% of the carrying value of $1.8 billion at December 31, 2013. This is considered a Level 2 valuation technique.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	Restricted Cash – Under certain management and debt agreements for our hotel properties existing at December 31, 2014, escrow payments are required for insurance, real estate taxes, and debt service. In addition, for certain properties based on the terms of the underlying debt and management agreements, we escrow 4% to 6% of gross revenues for capital improvements.
	Franchise Fees – Under franchise agreements for our hotel properties existing at December 31, 2014, we pay franchisor royalty fees between 4% and 6% of gross room revenue and, in some cases, food and beverage revenues. Additionally, we pay fees for marketing, reservations, and other related activities aggregating between 1% and 5% of gross room revenue and, in some cases, food and beverage revenues. These franchise agreements expire on varying dates between 2015 and 2035. When a franchise term expires, the franchisor has no obligation to renew the franchise. A franchise termination could have a material adverse effect on the operations or the underlying value of the affected hotel due to loss of associated name recognition, marketing support, and centralized reservation systems provided by the franchisor. A franchise termination could also have a material adverse effect on cash available for distribution to stockholders. In addition, if we breach the franchise agreement and the franchisor terminates a franchise prior to its expiration date, we may be liable for up to three times the average annual fees incurred for that property.
	For the years ended December 31, 2014, 2013 and 2012, our continuing operations incurred franchise fees of $37.4 million, $32.0 million and $28.9 million, respectively, which are included in other expenses in the accompanying consolidated statements of operations.
	Management Fees – Under management agreements for our hotel properties existing at December 31, 2014, we pay a) monthly property management fees equal to the greater of $10,000 (CPI adjusted since 2003) or 3% of gross revenues, or in some cases 2% to 7% of gross revenues, as well as annual incentive management fees, if applicable, b) market service fees on approved capital improvements, including project management fees of up to 4% of project costs, for certain hotels, and c) other general fees at current market rates as approved by our independent directors, if required. These management agreements expire from 2015 through 2032, with renewal options. If we terminate a management agreement prior to its expiration, we may be liable for estimated management fees through the remaining term, liquidated damages or, in certain circumstances, we may substitute a new management agreement.
	Leases – We lease land and facilities under non-cancelable operating leases, which expire between 2040 and 2084, including two ground leases related to our hotel properties. Several of these leases are subject to base rent plus contingent rent based on the related property’s financial results and escalation clauses. For the years ended December 31, 2014, 2013 and 2012, our continuing operations recognized rent expense of $1.5 million, $4.5 million and $4.7 million, respectively, which included contingent rent of $712,000, $898,000 and $1.4 million, respectively. Rent expense related to continuing operations is included in other expenses in the consolidated statements of operations. Future minimum rentals due under non-cancelable leases are as follows for each of the years ending December 31, (in thousands):
	2015	$	871
	2016	747
	2017	633
	2018	549
	2019	531
	Thereafter	32,931
	Total	$	36,262
	At December 31, 2014, we had capital commitments of $46.6 million relating to general capital improvements that are expected to be paid in the next twelve months.
	Litigation—Palm Beach Florida Hotel and Office Building Limited Partnership, et al. v. Nantucket Enterprises, Inc. This litigation involves a landlord tenant dispute from 2008 in which the landlord, Palm Beach Florida Hotel and Office Building Limited Partnership, a subsidiary of the Company, claimed that the tenant had violated various lease provisions of the lease agreement and was therefore in default. The tenant counterclaimed and asserted multiple claims including that it had been wrongfully evicted. The litigation was instituted by the plaintiff in November 2008 in the Circuit Court of the Fifteenth Judicial Circuit, in and for Palm Beach County, Florida and proceeded to a jury trial on June 30, 2014. The jury entered its verdict awarding the tenant total claims of $10.8 million and ruling against the landlord on its claim of breach of contract. The landlord is preparing various post trial motions. A final judgment was entered and the landlord has filed a notice of appeal. As a result of the jury verdict, we have recorded pre-judgement interest of $707,000 for the year ended December 31, 2014. During October 2014, there was a hearing held regarding the plaintiff’s motion to recover legal fees. The court ruled that as the prevailing party, the plaintiff was entitled to recover legal fees. As of the year ended December 31, 2014, an accrual of $400,000 has been made as a reasonable estimate of loss related to legal fees. Total expense was $11.9 million for the year ended December 31, 2014. The charge is included in other expenses in the consolidated statements of operations for the year ended December 31, 2014.
	We are engaged in other various legal proceedings which have arisen but have not been fully adjudicated. The likelihood of loss from these legal proceedings, based on definitions within contingency accounting literature, ranges from remote to reasonably possible and to probable. Based on estimates of the range of potential losses associated with these matters, management does not believe the ultimate resolution of these proceedings, either individually or in the aggregate, will have a material adverse effect on our consolidated financial position or results of operations. However, the final results of legal proceedings cannot be predicted with certainty and if we fail to prevail in one or more of these legal matters, and the associated realized losses exceed our current estimates of the range of potential losses, our consolidated financial position or results of operations could be materially adversely affected in future periods.
	Income Taxes – We and our subsidiaries file income tax returns in the federal jurisdiction and various states. Tax years 2011 through 2014 remain subject to potential examination by certain federal and state taxing authorities.
	In September 2010, the Internal Revenue Service (“IRS”) completed an audit of one of our taxable REIT subsidiaries that leases two of our hotel properties for the tax year ended December 31, 2007. The IRS issued a notice of proposed adjustment based on Internal Revenue Code (IRC) Section 482 that reduced the amount of rent we charged the taxable REIT subsidiary (“TRS”). We owned a 75% interest in the hotel properties and the TRS at issue. In connection with the TRS audit, the IRS selected our REIT for audit for the same tax year. In October 2011, the IRS issued an income tax adjustment to the REIT as an alternative to the TRS proposed adjustment. The REIT adjustment was based on the REIT 100% federal excise tax on our share of the amount by which the rent was held to be greater than the arm’s length rate. We strongly disagreed with the IRS’s position and appealed our cases to the IRS Appeals Office. In determining amounts payable by our TRS subsidiaries under our leases, we engaged a third party to prepare a transfer pricing study which concluded that the lease terms were consistent with arms’ length terms as required by applicable Treasury regulations. We believe the IRS transfer pricing methodologies applied in the audits contained flaws and that the IRS adjustments to the rent charged were inconsistent with the U.S. federal tax laws related to REITs and true leases. The IRS Appeals Office reviewed our cases in 2012. In July 2013, the IRS Appeals Office issued “no-change letters” for the TRS and the REIT indicating that the 2007 tax returns were accepted as filed and the examinations resulted in no deficiencies. The statute of limitations for IRS assessments relating to the 2007 tax returns expired on March 31, 2014.
	In June 2012, the IRS completed audits of the same TRS and our REIT for the tax years ended December 31, 2008 and 2009. With respect to the 2009 tax year, the IRS did not propose any adjustments to the TRS or the REIT. For the 2008 tax year, the IRS issued notices of proposed adjustments for both the REIT and the TRS. The REIT adjustment was for $3.3 million of U.S. federal excise taxes and represented the amount by which the IRS asserted that the rent charged to the TRS was greater than the arms’ length rate pursuant to IRC Section 482. The TRS adjustment was for $1.6 million of additional income which would have resulted in approximately $467,000 of additional U.S. federal income taxes and potential state income taxes of $83,000, net of federal benefit. The TRS adjustment represented the IRS’ imputation of compensation to the TRS under IRC Section 482 for agreeing to be a party to the lessor entity’s bank loan agreement. We owned a 75% interest in the lessor entity through November 19, 2013, when our interest was contributed to Ashford Prime in connection with the November 19, 2013 spin-off. We strongly disagreed with both of the IRS adjustments for the reasons noted under the 2007 audits, and in addition, we believe the IRS misinterpreted certain terms of the lease, third party hotel management agreements, and bank loan agreements. We appealed our cases to the IRS Appeals Office and the IRS assigned the same Appeals team that oversaw our 2007 cases to our 2008 cases. Our representatives attended Appeals conferences for the 2008 cases in August 2013 and in February, April and May of 2014. In August 2014, we reached a final settlement with the IRS Appeals Office resolving all issues that arose in the 2008 audits of the TRS and the REIT. In connection with this settlement, we agreed to an adjustment to reduce the TRS rent expense and thereby increase the TRS’s taxable income by $660,000. However, due to net operating losses available for utilization by the TRS in the 2008 tax year and the expiration of the statute of limitations for the 2009 TRS tax year, the IRS Appeals Office issued “no-change letters” for the TRS and the REIT indicating that the examinations resulted in no deficiencies. The statute of limitations for IRS assessments relating to the 2008 tax returns expired on December 31, 2014.
	If we sell or transfer the Marriott Crystal Gateway in Arlington, Virginia prior to July 2016, we will be required to indemnify the entity from which we acquired the property if, as a result of such transactions, such entity would recognize a gain for federal tax purposes. In general, tax indemnities equal the federal, state, and local income tax liabilities the contributor or their specified assignee incurs with respect to the gain allocated to the contributor. The contribution agreements’ terms generally require us to gross up tax indemnity payments for the amount of income taxes due as a result of such tax indemnities.
	Potential Pension Liabilities – Upon our 2006 acquisition of a hotel property, certain employees of such hotel were unionized and covered by a multi-employer defined benefit pension plan. At that time, no unfunded pension liabilities existed. Subsequent to our acquisition, a majority of employees, who are employees of the hotel manager, Remington Lodging, petitioned the employer to withdraw recognition of the union. As a result of the decertification petition, Remington Lodging withdrew recognition of the union. At the time of the withdrawal, the National Retirement Fund, the union’s pension fund, indicated unfunded pension liabilities existed. The National Labor Relations Board (“NLRB”) filed a complaint against Remington Lodging seeking, among other things, that Remington Lodging’s withdrawal of recognition was unlawful. Pending the final determination of the NLRB complaint, including appeals, the pension fund entered into a settlement agreement with Remington Lodging on November 1, 2011, providing that (a) Remington Lodging will continue to make monthly pension fund payments pursuant to the collective bargaining agreement, and (b) if the withdrawal of recognition is ultimately deemed lawful, Remington Lodging will have an unfunded pension liability equal to $1.7 million minus the monthly pension payments made by Remington Lodging since the settlement agreement. To illustrate, if Remington Lodging - as of the date a final determination occurs - has made monthly pension payments equaling $100,000, Remington Lodging’s remaining withdrawal liability shall be the unfunded pension liability of $1.7 million minus $100,000 (or $1.6 million). This remaining unfunded pension liability shall be paid to the pension fund in annual installments of $84,000 (but may be made monthly or quarterly, at Remington Lodging’s election), which shall continue for the remainder of the twenty-(20)-year capped period, unless Remington Lodging elects to pay the unfunded pension liability amount earlier. We agreed to indemnify Remington Lodging for the payment of the unfunded pension liability, if any, as set forth in the settlement agreement.

Redeemable_Noncontrolling_Inte

Redeemable Noncontrolling Interests in Operating Partnership	12 Months Ended
	Dec. 31, 2014
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]
Redeemable Noncontrolling Interests in Operating Partnership	Redeemable Noncontrolling Interests in Operating Partnership
	Redeemable noncontrolling interests in the operating partnership represents the limited partners’ proportionate share of equity in earnings/losses of the operating partnership, which is an allocation of net income/loss attributable to the common unit holders based on the weighted average ownership percentage of these limited partners’ common units and the units issued under our Long-Term Incentive Plan (the “LTIP units”) that are vested throughout the period plus distributions paid to the limited partners with regard to the Class B units. Class B common units have a fixed dividend rate of 6.82% in years one to three and 7.2% thereafter, and have priority in payment of cash dividends over common units but otherwise have no preference over common units. Aside from the Class B units, all other outstanding units represent common units. Beginning one year after issuance, each common unit of limited partnership interest (including each Class B common unit) may be redeemed for either cash or, at our sole discretion, up to one share of our common stock. Beginning ten years after issuance, each Class B unit may be converted into a common unit at either party’s discretion. As a result of the Ashford Inc. spin-off, holders of our common stock were distributed one share of Ashford Inc. common stock for every 87 shares of our common stock, while our unit holders received one common unit of the operating limited liability company subsidiary of Ashford Inc. for each common unit of our operating partnership the holder held, and such holder then had the opportunity to exchange up to 99% of those units for shares of Ashford Inc. common stock at the rate of one share of Ashford Inc. common stock for every 55 common units. Following the spin-off, we continue to hold 598,000 shares of Ashford Inc. common stock for the benefit of our common stockholders. Each common unit is worth approximately 94% of one share of our common stock at December 31, 2014.
	LTIP units, which are issued to certain executives and employees as compensation, have vesting periods ranging from three to five years. Additionally, certain independent members of the Board of Directors have elected to receive LTIP units as part of their compensation, which are fully vested upon grant. Upon reaching economic parity with common units, each vested LTIP unit can be converted by the holder into one common partnership unit of the operating partnership which then can be redeemed for cash or, at our election, settled in our common stock. For the years ended December 31, 2014, 2013 and 2012, we issued 1.0 million, 1.4 million and 1.3 million LTIP units, respectively, with grant date fair values of $11.0 million, $16.4 million and $11.2 million, respectively. During 2014, 2013 and 2012, respectively, 1.6 million, 1.6 million and 1.4 million LTIP units vested. There were no forfeitures in 2014, 2013 and 2012. As of December 31, 2014, we have issued 8.0 million LTIP units, of which all but 921,000 units issued in February 2014, had reached full economic parity with the common units and are convertible into common partnership units. During 2014, 2.0 million LTIP units were converted to common units, leaving 2.8 million outstanding LTIP units. All LTIP units issued had an aggregate value of $79.9 million at the date of grant which was amortized over their respective vesting periods through November 12, 2014. Compensation expense of $16.4 million, $19.0 million and $14.8 million was recognized for 2014, 2013 and 2012, respectively. In connection with the Ashford Inc. spin-off, all unvested LTIP units were transferred to Ashford Inc., in accordance with the applicable accounting guidance as all of Ashford Trust’s employees became employees of Ashford Inc. As a result no equity-based compensation expense was recorded subsequent to November 12, 2014.
	During 2014, 160,000 operating partnership units with a fair value of $1.8 million were converted to common shares at our election. Also during 2014, 2,000 operating partnership units with a fair value of $19,000 were redeemed for cash at our election. For 2013 and 2012, no operating partnership units were presented for redemption or converted to shares of our common stock.
	Redeemable noncontrolling interests, including vested LTIP units, in our operating partnership as of December 31, 2014 and 2013 were $177.1 million and $134.2 million, which represented ownership of 13.01% and 12.72% in our operating partnership, respectively. The carrying value of redeemable noncontrolling interests as of December 31, 2014 and 2013 had adjustments of $169.3 million and $123.3 million, respectively, to reflect the excess of redemption value over the accumulated historical costs. The carrying value of the redeemable noncontrolling interests at December 31, 2013 also reflected reclassifications of $5.3 million to equity of the historical accumulated costs of unvested LTIP units. As a result of the Ashford Inc. spin-off and the transfer of the employees from Ashford Trust to Ashford Inc., there is no longer a reclassification to equity of the historical accumulated costs of unvested LTIP units. For 2014, 2013 and 2012, we allocated net loss of $6.4 million, $8.2 million and $9.3 million to these redeemable noncontrolling interests, respectively. We declared cash distributions to operating partnership units of $10.7 million, $10.3 million and $9.1 million for the years ended December 31, 2014, 2013 and 2012 respectively.
	A summary of the activity of the operating partnership units is as follow (in thousands):
		Year Ended December 31,
		2014		2013	2012
	Units outstanding at beginning of year	18,991		17,611	16,317
	Units issued	1,007		1,380	1,294
	Units redeemed for cash of $19 in 2014	(2	)	—	—
	Units converted to common shares	(160	)	—	—
	Units outstanding at end of year	19,836		18,991	17,611
	Units convertible/redeemable at end of year	17,068		15,918	14,305

Equity

Equity	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Equity	Equity
	Equity Offering – On April 8, 2014, we commenced a follow-on public offering of 7.5 million shares of common stock at $10.70 per share for gross proceeds of $80.3 million. The aggregate proceeds net of underwriting discount and other expenses were approximately $76.8 million. The offering settled on April 14, 2014. We granted the underwriters a 30-day option to purchase up to an additional 1.125 million shares of common stock. On May 9, 2014, the underwriters partially exercised their option and purchased an additional 850,000 shares of our common stock at a price of $10.70 per share less the underwriting discount resulting in additional net proceeds of approximately $8.7 million. As a result of this offering, 8.4 million shares were reissued from treasury stock during 2014.
	On June 20, 2013, we commenced a follow-on public offering of 11.0 million shares of common stock at $12.00 per share for gross proceeds of $132.0 million. The aggregate proceeds net of underwriting discount and other expenses were approximately $125.9 million. The offering settled on June 26, 2013. We granted the underwriters a 30-day option to purchase up to an additional 1.65 million shares of common stock. On July 24, 2013, the underwriters partially exercised their option and purchased an additional 1.25 million shares of our common stock at a price of $12.00 per share less the underwriting discount resulting in additional net proceeds of approximately $14.2 million. As a result of this offering, 12.3 million shares were reissued from treasury stock during 2013.
	At December 31, 2014 and 2013, there were 124.9 million shares of common stock issued, and 89.4 million and 80.6 million shares outstanding, respectively.
	At-the-Market Preferred Stock Offering – In September 2011, we entered into an ATM program with an investment banking firm, pursuant to which we may issue up to 700,000 shares of 8.55% Series A Cumulative Preferred Stock and up to 700,000 shares of 8.45% Series D Cumulative Preferred Stock at market prices up to $30.0 million in total proceeds. While the ATM program remains in effect until such time that either party elects to terminate or the share or dollar thresholds are reached, it is not available until such time that a new prospectus is filed. Through December 31, 2014, we issued 169,306 shares of 8.55% Series A Cumulative Preferred Stock for gross proceeds of $4.2 million and 501,909 shares of 8.45% Series D Cumulative Preferred Stock for gross proceeds of $12.3 million. During the years ended December 31, 2014 and 2013, no shares were issued.
	Stock Repurchases – Beginning in November 2007, our Board of Directors has authorized management to purchase our common shares from time to time on the open market and in December 2008, we completed all of the $125.0 million repurchases authorized in 2007 and 2008. In January 2009, the Board of Directors approved an additional $200.0 million authorization under the same repurchase plan (excluding fees, commissions and all other ancillary expenses) and expanded the plan to include: (i) the repurchase of shares of our common stock, Series A preferred stock, Series B-1 preferred stock and Series D preferred stock and/or (ii) the prepayment of our outstanding debt obligations, including debt secured by our hotel assets and debt senior to our mezzanine or loan investments. In February 2010, the Board of Directors expanded the repurchase program further to include the potential repurchase of units of our operating partnership. As of June 2010, we ceased all repurchases under this plan indefinitely. In September 2011, our Board of Directors authorized the reinstatement of our 2007 share repurchase program and authorized an increase in our repurchase plan authority from $58.4 million to $200.0 million (excluding fees, commissions and all other ancillary expenses). Under this plan, the board has authorized: (i) the repurchase of shares of our common stock, Series A preferred stock, Series D preferred stock and Series E preferred stock, and/or (ii) discounted purchases of our outstanding debt obligations, including debt secured by our hotel assets. We intend to fund any repurchases or discounted debt purchases with the net proceeds from asset sales, cash flow from operations, existing cash on the balance sheet, and other sources. For the years ended December 31, 2014, 2013 and 2012, no shares of our common or preferred stock have been repurchased under the share repurchase program since its reinstatement.
	In addition, we acquired 41,198 shares, 32,855 shares and 55,005 shares of our common stock in 2014, 2013 and 2012, respectively, to satisfy employees’ statutory minimum federal income tax obligations in connection with vesting of equity grants issued under our stock-based compensation plan.
	Preferred Stock – In accordance with Ashford’s charter, we are authorized to issue 50 million shares of preferred stock, which currently includes Series A cumulative preferred stock, Series D cumulative preferred stock, and Series E cumulative preferred stock.
	Series A Preferred Stock. At December 31, 2014 and 2013, we had 1.7 million shares of 8.55% Series A cumulative preferred stock outstanding. Series A preferred stock has no maturity date, and we are not required to redeem these shares at any time. After September 22, 2009, Series A preferred stock is redeemable at our option for cash, in whole or from time to time in part, at a redemption price of $25 per share plus accrued and unpaid dividends, if any, at the redemption date. Series A preferred stock dividends are payable quarterly, when and as declared, at the rate of 8.55% per annum of the $25 liquidation preference (equivalent to an annual dividend rate of $2.1375 per share). In general, Series A preferred stock holders have no voting rights.
	Series D Preferred Stock. At December 31, 2014 and 2013, we had 9.5 million shares of 8.45% Series D cumulative preferred stock outstanding. Series D preferred stock has no maturity date, and we are not required to redeem the shares at any time. Prior to July 18, 2012, Series D preferred stock was not redeemable, except in certain limited circumstances such as to preserve the status of our qualification as a REIT or in the event the Series D stock ceases to be listed on an exchange and we cease to be subject to the reporting requirements of the Securities Exchange Act, as described in Ashford’s charter. However, on and after July 18, 2012, Series D preferred stock is redeemable at our option for cash, in whole or from time to time in part, at a redemption price of $25 per share plus accrued and unpaid dividends, if any, at the redemption date. Series D preferred stock quarterly dividends are set at the rate of 8.45% per annum of the $25 liquidation preference (equivalent to an annual dividend rate of $2.1125 per share). The dividend rate increases to 9.45% per annum if these shares are no longer traded on a major stock exchange. In general, Series D preferred stock holders have no voting rights.
	Series E Preferred Stock. At December 31, 2014 and 2013, we had 4.6 million shares of our 9.00% Series E cumulative preferred stock outstanding. The Series E preferred stock has no maturity date, and we are not required to redeem the shares at any time. Prior to April 18, 2016, Series E preferred stock is not redeemable, except in certain limited circumstances such as to preserve the status of our qualification as a REIT or in the event a change of control occurs. If we choose not to redeem the Series E shares upon a change of control, each holder of Series E preferred stock can convert their shares into shares of our common stock based on a formula specified in the agreement. However, on and after April 18, 2016, Series E preferred stock is redeemable at our option for cash, in whole or from time to time in part, at a redemption price of $25 per share plus accrued and unpaid dividends, if any, at the redemption date. Series E preferred stock quarterly dividends are set at the rate of 9.00% per annum of the $25 liquidation preference (equivalent to an annual dividend rate of $2.25 per share). In general, Series E preferred stock holders have no voting rights.
	Dividends – A summary of dividends declared is as follows (in thousands):
		Year Ended December 31,
		2014		2013		2012
	Common stock related:
	Common shares	$	41,894	$	37,054	$	29,993
	Preferred stocks:
	Series A preferred stock	3,542		3,542		3,516
	Series D preferred stock	20,002		20,002		19,869
	Series E preferred stock	10,418		10,418		10,417
	Total dividends declared	$	75,856	$	71,016	$	63,795
	Noncontrolling Interests in Consolidated Entitiess—Our noncontrolling entity partner, had an ownership interest of 15% in two hotel properties and a total carrying value of $800,000 and $1.0 million at December 31, 2014 and December 31, 2013, respectively. Our ownership interest is reported in equity in the consolidated balance sheets. Through November 19, 2013, we held a 75% ownership interest in two hotel properties in which our partner held a 25% ownership interest. These two hotel properties were contributed to Ashford Prime in connection with the Ashford Prime spin-off. Noncontrolling interests in consolidated entities were allocated losses of $406,000 for the year ended December 31, 2014, and income of $908,000 and $868,000 for the years ended December 31, 2013 and 2012, respectively, which includes the results of the two spun-off properties through November 18, 2013.

Impairment_Charges

Impairment Charges	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment Charges	Impairment Charges
	Notes Receivable – In February 2010, the mezzanine loan secured by the Ritz-Carlton hotel property in Key Biscayne, Florida, with a principal amount of $38.0 million and a net carrying value of $23.0 million at December 31, 2009 was restructured. In connection with the restructuring, we received a cash payment of $20.2 million and a $4.0 million note receivable. We recorded a net impairment charge of $10.7 million in 2009 on the original mezzanine loan. The restructured note bears an interest rate of 6.09% and matures in June 2017 with interest only payments through maturity. The note was recorded at its net present value of $3.0 million at restructuring, based on its future cash flows. The interest payments are recorded as reductions of the principal of the note receivable, and the valuation adjustments to the net carrying amount of this note are recorded as a credit to impairment charges.
	The following table summarizes the changes in allowance for losses for the years ended December 31, 2014, 2013 and 2012 (in thousands):
		2014			2013			2012
	Balance at beginning of period	$	7,937		$	8,333		$	8,711
	Impairment charges	—			—			—
	Valuation adjustments (credits to impairment charges)	(415		)	(396		)	(378		)
	Charge-offs	—			—			—
	Balance at end of period	$	7,522		$	7,937		$	8,333
	In June 2009, Extended Stay Hotels, LLC (“ESH”), the issuer of our $164 million principal balance mezzanine loan receivable secured by 681 hotels with initial maturity in June 2009, filed for Chapter 11 bankruptcy protection from its creditors. This mezzanine loan was originally purchased for $98.4 million. At the time of ESH’s bankruptcy filing, a discount of $11.4 million had been amortized to increase the carrying value of the note to $109.4 million. We anticipated that ESH, through its bankruptcy filing, would attempt to impose a plan of reorganization which could extinguish our investment. Accordingly, we recorded a valuation allowance of $109.4 million in earnings for the full amount of the book value of the note. In October 2010, the ESH bankruptcy proceedings were completed and settled with new owners. The full amount of the valuation allowance was charged off in 2010. In 2012, a valuation adjustment of $5.0 million on the previously impaired note was credited to impairment charges as a result of proceeds received from a confidential settlement.
	Principal and interest payments were not made since October 2008, on the $18.2 million junior participation note receivable secured by the Four Seasons hotel property in Nevis. The underlying hotel property suffered significant damage by Hurricane Omar. We discontinued recording interest on this note beginning in October 2008. In 2009, we recorded an impairment charge to fully reserve this note receivable. In May 2010, the senior mortgage lender foreclosed on the loan. As a result of the foreclosure, our interest in the senior mortgage was converted to a 14.4% subordinate beneficial interest in the equity of the trust that holds the hotel property. Due to our junior status in the trust, we have not recorded any value for our beneficial interest at December 31, 2014 and 2013.
	Discontinued Operations – As fully discussed in Note 6, we recorded an impairment charge on one hotel property included in discontinued operations of $4.1 million in 2012 to write down that property to its estimated fair value less cost to sell.

Stock_Based_Compensation

Stock Based Compensation	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation
	Under the Amended and Restated 2011 Stock Incentive Plan approved by stockholders, we are authorized to grant 11.5 million restricted shares of our common stock as incentive stock awards. At December 31, 2014, 5.9 million shares were available for future issuance under the Amended and Restated 2011 Stock Incentive Plan. A summary of our restricted stock activity is as follows (shares in thousands):
		Year Ended December 31,
		2014				2013				2012
		Restricted Shares		Weighted Average Price at Grant		Restricted Shares		Weighted Average Price at Grant		Restricted Shares		Weighted Average Price at Grant
	Outstanding at beginning of year	418		$	10.55	487		$	9.15	900		$	6.14
	Restricted shares granted	423		11.04		198		11.87		204		8.87
	Restricted shares vested	(228	)	10.47		(266	)	8.97		(586	)	4.44
	Restricted shares forfeited	(18	)	11.07		(1	)	9.81		(31	)	9.13
	Outstanding at end of year	595		10.92		418		10.55		487		9.15
	At December 31, 2014, the outstanding restricted stock had vesting schedules between January 2015 and February 2017. Stock-based compensation expense of $2.8 million, $2.3 million and $2.7 million was recognized for the years ended December 31, 2014, 2013 and 2012, respectively. The restricted stock that vested during 2014 had a fair value of $2.5 million at the date of vesting. In connection with the Ashford Inc. spin-off, all unvested restricted stock was transferred to Ashford Inc., in accordance with the applicable accounting guidance as all of Ashford Trust’s employees became employees of Ashford Inc. As a result, no equity-based compensation expense was recorded subsequent to November 12, 2014.

Employee_Benefit_Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Employee Benefit Plans
	401(k) Plan – Effective January 1, 2006, we established our 401(k) Plan, a qualified defined contribution retirement plan that covers employees 21 years of age or older who have completed one year of service and work a minimum of 1,000 hours annually. The 401(k) Plan allows eligible employees to contribute subject to IRS imposed limitations, to various investment funds. We make matching cash contributions of 50% of each participant’s contributions, based on participant contributions of up to 6% of compensation. Participant contributions vest immediately whereas company matches vest 25% annually. For the years ended December 31, 2014, 2013 and 2012, we incurred matching expense of $260,000, $211,000, and $211,000, respectively. In connection with spin-off of Ashford Inc. on November 12, 2014, the 401(k) Plan will now be administered by Ashford Inc.
	Employee Savings and Incentive Plan (ESIP) – Our ESIP, a nonqualified compensation plan that covers employees who work at least 25 hours per week, allows eligible employees to contribute up to 100% of their compensation to various investment funds. We match 25% of the first 10% each employee contributes. Matches are only made for employees not participating in the 401(k) Plan. Employee contributions vest immediately whereas company contributions vest 25% annually. For the years ended December 31, 2014, 2013 and 2012, we incurred matching expenses of $13,000, $70,000 and $4,000, respectively. In connection with spin-off of Ashford Inc. on November 12, 2014, the ESIP will now be administered by Ashford Inc.
	Deferred Compensation Plan – Effective January 1, 2008, we established a nonqualified deferred compensation plan for certain executive officers. The plan allows participants to defer up to 100% of their base salary, bonus and stock awards and select an investment fund for measurement of the deferred compensation liability. Included in the 44.3 million shares of treasury stock at December 31, 2013, were 1.5 million shares under a deferred compensation plan that would be settled in our shares. In connection with the spin-off of Ashford Inc., the $11.5 million of deferred compensation obligation included in additional paid-in-capital was transferred to Ashford Inc. There was no balance for deferred compensation liability at December 31, 2014. During 2013, we recorded stock-based compensation expense of $4.3 million, included in “Corporate, general and administrative” expense, as a result of modifications to the deferred compensation plan in connection with the Ashford Prime spin-off in which plan participants were granted additional shares of our stock.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes
	For federal income tax purposes, we elected to be treated as a REIT under the Internal Revenue Code. To qualify as a REIT, we must meet certain organizational and operational stipulations, including a requirement that we distribute at least 90% of our REIT taxable income, excluding net capital gains, to our stockholders. We currently intend to adhere to these requirements and maintain our REIT status. If we fail to qualify as a REIT in any taxable year, we will be subject to federal income taxes at regular corporate rates (including any applicable alternative minimum tax) and may not qualify as a REIT for four subsequent taxable years. Even if we qualify for taxation as a REIT, we may be subject to certain state and local taxes as well as to federal income and excise taxes on our undistributed taxable income.
	At December 31, 2014, all of our 87 legacy hotel properties were leased or owned by Ashford TRS (our taxable REIT subsidiaries). Ashford TRS recognized net book income of $17.3 million, $22.6 million and $31.5 million for the years ended December 31, 2014, 2013 and 2012, respectively.
	The following table reconciles the income tax expense at statutory rates to the actual income tax (expense) benefit recorded (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Income tax expense at federal statutory income tax rate of 35%	$	(6,041	)	$	(7,907	)	$	(11,508	)
	State income tax expense, net of federal income tax benefit	(528		)	(469		)	(2,710		)
	Permanent differences	(558		)	(761		)	(607		)
	State and local income tax (expense) benefit on pass-through entity subsidiaries	(19		)	(34		)	10
	Gross receipts and margin taxes	(700		)	(631		)	(749		)
	Interest and penalties	(10		)	(20		)	(18		)
	Valuation allowance	6,590			8,311			13,207
	Income tax expense for income from continuing operations	(1,266		)	(1,511		)	(2,375		)
	Income tax benefit for income from discontinued operations	—			—			23
	Income tax expense for gain on sale of hotel property	(12		)	—			—
	Total income tax expense	$	(1,278	)	$	(1,511	)	$	(2,352	)
	The components of income tax (expense) benefit from continuing operations are as follows (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Current:
	Federal	$	(416	)	$	(919	)	$	(1,537	)
	State	(721		)	(684		)	(757		)
	Total current	(1,137		)	(1,603		)	(2,294		)
	Deferred:
	Federal	—			157			7
	State	(129		)	(65		)	(88		)
	Total deferred	(129		)	92			(81		)
	Total income tax expense	$	(1,266	)	$	(1,511	)	$	(2,375	)
	For the years ended December 31, 2014, 2013 and 2012 income tax expense includes interest and penalties paid to taxing authorities of $10,000, $20,000 and $18,000, respectively. At December 31, 2014 and 2013, we determined that there were no amounts to accrue for interest and penalties due to taxing authorities.
	At December 31, 2014 and 2013, our deferred tax asset (liability) and related valuation allowance consisted of the following (in thousands):
		December 31,
		2014			2013
	Allowance for doubtful accounts	$	94		$	94
	Unearned income	317			344
	Unfavorable management contract liability	2,088			2,838
	Federal and state net operating losses	25,046			31,360
	Accrued expenses	1,310			1,350
	Prepaid expenses	(4,046		)	(4,391		)
	Alternative minimum tax credit	1,347			972
	Tax property basis less than book basis	(2,031		)	(2,175		)
	Tax derivatives basis greater than book basis	3,042			2,787
	Deferred gain	1,757			1,685
	Other	411			282
	Deferred tax asset	29,335			35,146
	Valuation allowance	(29,335		)	(35,146		)
	Net deferred tax asset	$	—		$	—
	At December 31, 2014 and 2013, we recorded a valuation allowance of $29.3 million and $35.1 million, respectively, to fully reserve our deferred tax asset. As a result of consolidated losses in 2014, 2013 and 2012, and the limitation imposed by the Internal Revenue Code on the utilization of net operating losses of acquired subsidiaries, we believe that it is more likely than not our deferred tax asset will not be realized, and therefore, have provided a valuation allowance to reserve against the balances. At December 31, 2014, Ashford TRS had net operating loss carryforwards for federal income tax purposes of $65.4 million, which begin to expire in 2022, and are available to offset future taxable income, if any, through 2032. Approximately $10.6 million of the $65.4 million of net operating loss carryforwards is attributable to acquired subsidiaries and subject to substantial limitation on its use. At December 31, 2014, Ashford Hospitality Trust, Inc., our REIT, had net operating loss carryforwards for federal income tax purposes of $322.7 million, which begin to expire in 2023, and are available to offset future taxable income, if any, through 2034.
	The following table summarizes the changes in the valuation allowance (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Balance at beginning of year	$	35,146		$	45,398		$	58,081
	Additions charged to other	1,855			4,315			4,481
	Deductions	(7,666		)	(14,567		)	(17,164		)
	Balance at end of year	$	29,335		$	35,146		$	45,398

Loss_Per_Share

Loss Per Share	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Loss Per Share	Loss Per Share
	The following table reconciles the amounts used in calculating basic and diluted loss per share (in thousands, except per share amounts):
		Year Ended December 31,
		2014			2013			2012
	Loss attributable to common stockholders – Basic and diluted:
	Income (loss) from continuing operations attributable to the Company	$	(31,430	)	$	(41,197	)	$	(50,751	)
	Less: Dividends on preferred stocks	(33,962		)	(33,962		)	(33,802		)
	Less: Dividends on common stock	(41,592		)	(36,841		)	(29,724		)
	Less: Dividends on unvested restricted shares	(302		)	(213		)	(269		)
	Undistributed loss from continuing operations allocated to common stockholders	(107,286		)	(112,213		)	(114,546		)
	Add back: Dividends on common stock	41,592			36,841			29,724
	Distributed and undistributed loss from continuing operations - basic and diluted	$	(65,694	)	$	(75,372	)	$	(84,822	)
	Income (loss) from discontinued operations allocated to common stockholders:
	Income (loss) from discontinued operations attributable to the Company	$	29		$	(86	)	$	(3,029	)
	Weighted average common shares outstanding:
	Weighted average common shares outstanding - basic and diluted	87,622			75,155			67,533
	Loss per share – basic and diluted:
	Loss from continuing operations allocated to common stockholders per share	$	(0.75	)	$	(1.00	)	$	(1.26	)
	Loss from discontinued operations allocated to common stockholders per share	—			—			(0.04		)
	Net loss allocated to common stockholders per share	$	(0.75	)	$	(1.00	)	$	(1.30	)
	Due to their anti-dilutive effect, the computation of diluted loss per share does not reflect the adjustments for the following items (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Loss from continuing operations allocated to common stockholders is not adjusted for:
	Income allocated to unvested restricted shares	$	302		$	213		$	269
	Loss attributable to redeemable noncontrolling interests in operating partnership	(6,404		)	(8,171		)	(8,877		)
	Total	$	(6,102	)	$	(7,958	)	$	(8,608	)
	Weighted average diluted shares are not adjusted for:
	Effect of unvested restricted shares	174			128			195
	Effect of assumed conversion of operating partnership units	19,447			18,699			17,353
	Total	19,621			18,827			17,548

Segment_Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting
	We operate in one business segment within the hotel lodging industry: direct hotel investments. Direct hotel investments refer to owning hotels through either acquisition or new development. We report operating results of direct hotel investments on an aggregate basis as substantially all of our hotel investments have similar economic characteristics and exhibit similar long-term financial performance. As of December 31, 2014 and 2013, all of our hotel properties were domestically located.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions
	We have management agreements with parties owned by our Chairman and Chief Executive Officer and our Chairman Emeritus. Under the agreements, we pay the related party a) monthly property management fees equal to the greater of $10,000 (CPI adjusted since 2003) or 3% of gross revenues as well as annual incentive management fees, if certain operational criteria are met, b) project management fees of up to 4% of project costs, c) market service fees including purchasing, design and construction management not to exceed 16.5% of project budget cumulatively, including project management fees, and d) through November 12, 2014, the date of the Ashford Inc. spin-off, other general and administrative expense reimbursements, approved by our independent directors, including rent, payroll, office supplies, travel, and accounting. This related party allocates such charges to us based on various methodologies, including headcount and actual amounts incurred.
	At December 31, 2014, the related party managed 55 of our 87 hotels and the WorldQuest condominium properties included in continuing operations and we incurred the following fees (including discontinued operations) related to the management agreements with the related party (in thousands):
		Year Ended December 31,
		2014		2013		2012
	Property management fees, including incentive property management fees	$	17,800	$	14,299	$	13,947
	Market service fees	13,494		9,439		7,624
	Corporate general and administrative and fixed asset reimbursements	7,689		4,299		4,075
	Total	$	38,983	$	28,037	$	25,646
	Management agreements with the related party include exclusivity clauses that require us to engage such related party, unless our independent directors either (i) unanimously vote to hire a different manager or developer or (ii) by a majority vote elect not to engage such related party because either special circumstances exist such that it would be in the best interest of our Company not to engage such related party, or, based on the related party’s prior performance, it is believed that another manager or developer could perform the management, development or other duties materially better.
	Upon formation, we also agreed to indemnify certain related parties, including our Chairman and Chief Executive Officer and our Chairman Emeritus, who contributed hotel properties in connection with our initial public offering in exchange for operating partnership units, against the income tax such related parties may incur if we dispose of one or more of those contributed properties under the terms of the agreement.
	In addition, at December 31, 2014, the related party managed 21 of the 28 hotels held by the PIM Highland JV in return for a base management fee of 3% of gross revenues, and an incentive management fee equal to the lesser of 1% of gross revenues or the amount by which Actual House Profit exceeds House Profit set forth in the Annual Operating Budget, as defined. During 2014, 2013 and 2012, the related party received from PIM Highland JV base management fees of $8.5 million, $7.8 million and $7.6 million, respectively, $2.3 million, $1.0 million and $1.7 million, respectively, of incentive management fees, $4.6 million, $7.0 million and $3.6 million, respectively, of market service fees, respectively, including purchasing, design and construction management, and $1.7 million, $1.6 million and $1.6 million, respectively, of corporate general and administrative expense reimbursements.
	In connection with the previously discussed spin-off of Ashford Inc., we entered into an advisory agreement with Ashford LLC, a subsidiary of Ashford Inc., in which it acts as our external advisor, and as a result, we pay advisory fees to Ashford LLC. We are required to pay Ashford LLC a quarterly base fee equal to 0.70% per annum of our total market capitalization, subject to a minimum quarterly base fee, as payment for managing our day-to-day operations in accordance with our investment guidelines. We are also required to pay Ashford LLC an incentive fee that is based on our total return performance as compared to our peer group as well as to reimburse Ashford LLC for certain expenses, including employment and travel expenses of employees of Ashford LLC providing internal audit services, as specified in the advisory agreement.
	For the 2014 period noted above, we incurred an advisory service fee of $4.5 million, which was comprised of a base advisory fee of $4.0 million and reimbursable overhead and internal audit, insurance claims advisory and asset management services of $534,000. No advisory service fee was incurred in 2013. No incentive management fee was earned for 2014 or 2013. At December 31, 2014, we have a payable of $8.2 million, included in due to Ashford Inc., net, associated with reimbursable expenses in connection with the spin-off and the fees discussed above.
	In connection with the spin-off of Ashford Prime in 2013, our former subsidiary Ashford LLC entered into an advisory agreement with Ashford Prime, in which it acted as its external advisor, and as a result, we received advisory fees from Ashford Prime from the periods from January 1, 2014 through November 12, 2014 and from November 19, 2013 to December 31, 2013 for 2014 and 2013, respectively. Upon the previously discussed spin-off of Ashford Inc. on November 12, 2014, our subsidiary Ashford LLC, was contributed to Ashford Inc. Ashford Prime is required to pay Ashford LLC a quarterly base fee equal to 0.70% per annum of the total market capitalization of Ashford Prime, subject to a minimum quarterly base fee, as payment for managing the day-to-day operations of Ashford Prime and its subsidiaries in conformity with Ashford Prime’s investment guidelines. Ashford Prime is also required to pay Ashford LLC an incentive fee that is based on Ashford Prime’s total return performance as compared to Ashford Prime’s peer group as well as to reimburse Ashford LLC for certain expenses, including, equity-based compensation, employment and travel expenses of employees of Ashford LLC providing internal audit services, as specified in the advisory agreement.
	For the 2014 period noted above, we received advisory service revenues of $10.7 million from Ashford Prime. These revenues were comprised of a base advisory fee of $7.5 million, reimbursable overhead and internal audit, insurance claims advisory and asset management services of $1.4 million and advisory revenue for equity grants of Ashford Prime common stock and LTIP units awarded to our officers and employees of $1.8 million. For the 2013 period noted above, we received advisory service revenue of $1.0 million from Ashford Prime. These revenues were comprised of a base advisory fee of $878,000, reimbursable overhead of $53,000 and internal audit reimbursements of $116,000. No incentive management fee was earned for 2014 or 2013. At December 31, 2014, we have a receivable of $896,000, included in due from Ashford Prime OP, net, associated with reimbursable expenses in connection with the fees discussed above.

Concentration_of_Risk

Concentration of Risk	12 Months Ended
	Dec. 31, 2014
Risks and Uncertainties [Abstract]
Concentration of Risk	Concentration of Risk
	Our investments are primarily concentrated within the hotel industry. Our investment strategy is to acquire or develop upscale to upper-upscale hotels, acquire first mortgages on hotel properties, and invest in other mortgage-related instruments such as mezzanine loans to hotel owners and operators. At present, all of our hotels are located domestically. During 2014, approximately 14.8% of our total hotel revenue was generated from 10 hotels located in the Washington D.C. and Baltimore areas. In addition, all hotels securing our loans receivable are also located domestically at December 31, 2014. Our remaining mezzanine loan is collateralized by income-producing real property. Accordingly, adverse conditions in the hotel industry will have a material adverse effect on our operating and investment revenues and cash available for distribution to stockholders.
	Financial instruments that potentially subject us to significant concentrations of credit risk consist principally of cash and cash equivalents. We are exposed to credit risk with respect to cash held at various financial institutions, U.S. government treasury bill holdings and amounts due or payable under our derivative contracts. At December 31, 2014, we have exposure risk related to our derivative contracts. Our counterparties are investment grade financial institutions.

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Data (Unaudited)	Selected Quarterly Financial Data (Unaudited)
	The following is a summary of the quarterly results of operations for the years ended December 31, 2014 and 2013 (in thousands, except per share data):
		First			Second			Third			Fourth			Full
		Quarter			Quarter			Quarter			Quarter			Year
	2014
	Total revenue	$	194,861		$	208,163		$	201,457		$	190,368		$	794,849
	Total operating expenses	168,468			190,698			182,189			176,802			718,157
	Operating income	26,393			17,465			19,268			13,566			76,692
	Loss from continuing operations	(6,787		)	(2,375		)	(16,266		)	(16,303		)	(41,731		)
	Loss from continuing operations attributable to the Company	(2,391		)	(1,605		)	(13,550		)	(13,884		)	(31,430		)
	Loss from continuing operations attributable to common stockholders	(10,881		)	(10,096		)	(22,040		)	(22,375		)	(65,392		)
	Diluted loss from continuing operations attributable to common stockholders per share	$	(0.13	)	$	(0.11	)	$	(0.24	)	$	(0.25	)	$	(0.75	)
	Weighted average diluted common shares	81,690			88,781			90,322			89,589			87,622
	2013
	Total revenue	$	231,287		$	257,772		$	241,323		$	209,145		$	939,527
	Total operating expenses	206,101			216,444			213,277			186,808			822,630
	Operating income	25,186			41,328			28,046			22,337			116,897
	Income (loss) from continuing operations	(18,097		)	7,548			(19,386		)	(18,525		)	(48,460		)
	Income (loss) from continuing operations attributable to the Company	(14,636		)	7,062			(16,321		)	(17,302		)	(41,197		)
	Income (loss) from continuing operations attributable to common stockholders	(23,126		)	(1,429		)	(24,811		)	(25,793		)	(75,159		)
	Diluted income (loss) from continuing operations attributable to common stockholders per share	$	(0.34	)	$	(0.02	)	$	(0.31	)	$	(0.32	)	$	(1.00	)
	Weighted average diluted common shares	67,682			68,489			79,898			81,383			75,155

Pro_Forma_Financial_Informatio

Pro Forma Financial Information	12 Months Ended
	Dec. 31, 2014
Business Acquisition, Pro Forma Information [Abstract]
Pro Forma Financial Information	Pro Forma Financial Information
	As discussed in Note 3, on July 18, 2014, we acquired a 100% interest in the Ashton hotel in Fort Worth, Texas for total consideration of $8.0 million. The acquisition was funded with cash, and we subsequently borrowed $5.5 million, secured by a mortgage on the property. The table below reflects the unaudited pro forma results of operations as if the acquisition had occurred on January 1, 2012, reflecting the addition of the Ashton hotel operating results, the assumption of debt and the removal of $212,000 of transaction costs for the year ended December 31, 2014.
	On August 6, 2014, we acquired a 100% interest in the Fremont Marriott Silicon Valley hotel in Fremont, California for total consideration of $50.0 million. The acquisition was funded with proceeds from a $37.5 million non-recourse mortgage loan and cash. The table below reflects the unaudited pro forma results of operations as if the acquisition had occurred on January 1, 2012, reflecting the addition of the Fremont Marriott Silicon Valley hotel operating results, the assumption of debt and the removal of $393,000 of transaction costs for the year ended December 31, 2014.
	Also, as discussed in Note 25, on January 12, 2015, we announced that a definitive agreement had been signed to acquire the 168-room Lakeway Resort & Spa in Austin, Texas for total consideration of $33.5 million. The acquisition was completed on February 6, 2015. The results of operations of the hotel property will be included in our results of operations beginning February 6, 2015. The table below reflects the unaudited pro forma results of operations as if the transaction had occurred on January 1, 2012, reflecting the addition of the Lakeway Resort & Spa from January 1, 2012 through December 31, 2014.
	On January 20, 2015, we announced that a definitive agreement had been signed to acquire the 232-room Memphis Marriott East hotel in Memphis, Tennessee for total consideration of $43.5 million. The acquisition was completed on February 25, 2015. The results of operations of the hotel property will be included in our results of operations beginning February 25, 2015. The table below reflects the unaudited pro forma results of operations as if the transaction had occurred on January 1, 2012, reflecting the addition of the Memphis Marriott East hotel from January 1, 2012 through December 31, 2014
	The following table reflects the unaudited pro forma results of operations as if the aforementioned transactions had occurred on January 1, 2012, (in thousands):
		Year Ended December 31,
		2014			2013			2012
		(unaudited)
	Total revenue	$	834,207		$	981,688		$	951,783
	Loss from continuing operations	$	(36,707	)	$	(50,496	)	$	(64,010	)
	Net loss	$	(33,183	)	$	(50,594	)	$	(67,458	)

Subsequent_Events_Unaudited

Subsequent Events (Unaudited)	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events (Unaudited)	Subsequent Events (Unaudited)
	On January 2, 2015, we refinanced two mortgage loans totaling $356.3 million. The refinance included our $211.0 million mortgage loan due November 2015 and the $145.3 million mortgage loan due July 2015. The new loans total $478 million in four loan pools. The new loans continue to be secured by the same 15 hotel properties.
	On January 12, 2015, we announced that a definitive agreement had been signed to acquire the 168-room Lakeway Resort & Spa in Austin, Texas for total consideration of $33.5 million. The acquisition was completed on February 6, 2015. The results of operations of the hotel property will be included in our results of operations beginning February 6, 2015.
	On January 20, 2015, we announced that a definitive agreement had been signed to acquire the 232-room Memphis Marriott East hotel in Memphis, Tennessee for total consideration of $43.5 million. The acquisition was completed on February 25, 2015. The results of operations of the hotel property will be included in our results of operations beginning February 25, 2015.
	The the unaudited pro forma results of operations as if both acquisitions had occurred on January 1, 2012 is included in Note 24.
	On January 29, 2015, we commenced a follow-on public offering of 9.5 million shares of common stock. The offering priced on January 30, 2015, at $10.65 per share for gross proceeds of $101.2 million. We granted the underwriters a 30-day option to purchase up to an additional 1.425 million shares of common stock. On February 10, 2015, the underwriters partially exercised their option and purchased an additional 1.029 million shares of our common stock at a price of $10.65 per share.
	On January 29, 2015, we announced that our Board of Directors had approved the formation of Ashford Hospitality Select, Inc. (“Ashford Select”), a new privately-held company dedicated to investing primarily in existing premium branded, upscale and upper-midscale, select-service hotels, including extended stay hotels, in the United States. Upon launch, expected in the first quarter of 2015, we intend to contribute to Ashford Select 16 of our existing select-service hotels, comprised of 2,560 total guestrooms. On February 18, 2015, Ashford Trust OP entered into four agreements for the contribution or sale of the portfolio of 16 select-service hotels to Ashford Select and its subsidiaries, including its operating partnership Ashford Hospitality Select Limited Partnership (“Ashford Select OP”), for aggregate consideration of approximately $321.0 million, which will be payable through the assumption of approximately $232.5 million of aggregate property level debt, the payment of approximately $66.4 million in cash and the issuance of approximately $22.1 million in equity interests of Ashford Select. Additionally, the aggregate consideration may be increased by up to $10.0 million (payable 75% in cash and 25% in equity interests in Ashford Select), based on the performance of the entire 16-hotel portfolio. We also expect to grant Ashford Select a right of first offer to acquire any select-service hotels we decide to sell in the future, subject to any prior rights of the managers of the hotels or other third parties. Ashford Select intends to qualify as a REIT for federal income tax purposes.

Real_Estate_and_Accumulated_De

Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
REAL ESTATE AND ACCUMULATED DEPRECIATION	SCHEDULE III
	ASHFORD HOSPITALITY TRUST, INC.
	REAL ESTATE AND ACCUMULATED DEPRECIATION
	December 31, 2014
	(dollars in thousands)
	Column A			Column B				Column C						Column D					Column E						Column F		Column G	Column H	Column I
								Initial Cost						Costs Capitalized					Gross Carrying Amount At Close of Period
														Since Acquisition
	Hotel Property	Location		Encumbrances				Land				FF&E,		Land			FF&E,		Land		FF&E,		Total		Accumulated		Construction	Acquisition	Income
												Buildings and					Buildings and				Buildings and				Depreciation		Date	Date	Statement
												improvements					improvements				improvements
	Embassy Suites	Austin, TX		$	13,187			$	1,204			$	9,388	$	193		$	5,602	$	1,397	$	14,990	$	16,387	$	6,701	Aug-98		(1),(2),(3)
	Embassy Suites	Dallas, TX		7,793				1,878				8,907		238			6,187		2,116		15,094		17,210		6,700		Dec-98		(1),(2),(3)
	Embassy Suites	Herndon, VA		17,700				1,303				9,837		277			6,068		1,580		15,905		17,485		6,232		Dec-98		(1),(2),(3)
	Embassy Suites	Las Vegas, NV		29,679				3,307				16,952		397			4,918		3,704		21,870		25,574		9,288		May-99		(1),(2),(3)
	Embassy Suites	Syracuse, NY		19,599				2,839				9,778		—			6,868		2,839		16,646		19,485		5,487			Oct-03	(1),(2),(3)
	Embassy Suites	Flagstaff, AZ		11,039				1,267				4,278		—			6,038		1,267		10,316		11,583		3,998			Oct-03	(1),(2),(3)
	Embassy Suites	Houston, TX		11,867				1,799				10,404		—			4,001		1,799		14,405		16,204		4,623			Mar-05	(1),(2),(3)
	Embassy Suites	West Palm Beach, FL		16,846				3,277				13,950		—			6,020		3,277		19,970		23,247		5,459			Mar-05	(1),(2),(3)
	Embassy Suites	Philadelphia, PA		34,513				5,791				34,819		—			7,004		5,791		41,823		47,614		10,241			Dec-06	(1),(2),(3)
	Embassy Suites	Walnut Creek, CA		36,342				7,452				25,334		—			5,151		7,452		30,485		37,937		7,448			Dec-06	(1),(2),(3)
	Embassy Suites	Arlington, VA		46,209				36,065				41,588		—			8,823		36,065		50,411		86,476		12,039			Apr-07	(1),(2),(3)
	Embassy Suites	Portland, OR		51,273				11,110				60,049		—			7,459		11,110		67,508		78,618		14,542			Apr-07	(1),(2),(3)
	Embassy Suites	Santa Clara, CA		45,365				8,948				46,238		—			3,451		8,948		49,689		58,637		10,833			Apr-07	(1),(2),(3)
	Embassy Suites	Orlando, FL		15,614				5,674				21,593		—			2,056		5,674		23,649		29,323		5,049			Apr-07	(1),(2),(3)
	Hilton Garden Inn	Jacksonville, FL		10,237				1,751				9,164		—			1,417		1,751		10,581		12,332		3,241			Nov-03	(1),(2),(3)
	Hilton	Ft. Worth, TX		51,202				4,539				13,922					14,541		4,539		28,463		33,002		9,115			Mar-05	(1),(2),(3)
	Hilton	Houston, TX		14,391				2,200				13,247		—			11,553		2,200		24,800		27,000		9,249			Mar-05	(1),(2),(3)
	Hilton	St. Petersburg, FL		17,792				2,991				13,907		—			13,413		2,991		27,320		30,311		8,083			Mar-05	(1),(2),(3)
	Hilton	Santa Fe, NM		17,972				7,004				10,689		—			13,093		7,004		23,782		30,786		8,538			Dec-06	(1),(2),(3)
	Hilton	Bloomington, MN		52,644				5,685				59,139		—			9,725		5,685		68,864		74,549		14,939			Apr-07	(1),(2),(3)
	Hilton	Costa Mesa, CA		52,539				12,917				91,791		—			17,875		12,917		109,666		122,583		24,748			Apr-07	(1),(2),(3)
	Hampton Inn	Lawrenceville, GA		5,743				697				3,808		—			840		697		4,648		5,345		1,394			Nov-03	(1),(2),(3)
	Hampton Inn	Evansville, IN		6,600				1,301				5,034		—			3,961		1,301		8,995		10,296		3,179			Sep-04	(1),(2),(3)
	Hampton Inn	Terre Haute, IN		—				700				7,520		—			3,776		700		11,296		11,996		3,077			Sep-04	(1),(2),(3)
	Hampton Inn	Buford, GA		9,150				1,168				5,338		—			1,101		1,168		6,439		7,607		1,911			Jul-04	(1),(2),(3)
	Marriott	Durham, NC		25,144				1,794				25,056		—			3,832		1,794		28,888		30,682		7,094			Feb-06	(1),(2),(3)
	Marriott	Arlington, VA		99,780				20,637				101,376		—			19,385		20,637		120,761		141,398		29,120			Jul-06	(1),(2),(3)
	Marriott	Bridgewater, NJ		72,957				5,059				89,267		—			4,561		5,059		93,828		98,887		20,723			Apr-07	(1),(2),(3)
	Marriott	Dallas, TX		26,072				2,701				30,893		—			2,591		2,701		33,484		36,185		7,126			Apr-07	(1),(2),(3)
	Marriott	Fremont, CA		37,500				5,800				44,200		—			215		5,800		44,415		50,215		1,289			Aug-14	(1),(2),(3)
	SpringHill Suites by Marriott	Jacksonville, FL		7,534				1,348				7,111		—			837		1,348		7,948		9,296		2,424			Nov-03	(1),(2),(3)
	SpringHill Suites by Marriott	Baltimore, MD		14,417				2,502				13,206		—			1,715		2,502		14,921		17,423		4,298			May-04	(1),(2),(3)
	SpringHill Suites by Marriott	Kennesaw, GA		7,005				1,106				5,021		—			667		1,106		5,688		6,794		1,687			Jul-04	(1),(2),(3)
	SpringHill Suites by Marriott	Buford, GA		10,084				1,132				6,089		—			1,872		1,132		7,961		9,093		2,608			Jul-04	(1),(2),(3)
	SpringHill Suites by Marriott	Gaithersburg, MD		9,429				2,200				19,746		—			1,473		2,200		21,219		23,419		5,354			Jun-05	(1),(2),(3)
	Column A			Column B				Column C						Column D					Column E						Column F		Column G	Column H	Column I
								Initial Cost						Costs Capitalized					Gross Carrying Amount At Close of Period
														Since Acquisition
	Hotel Property	Location		Encumbrances				Land				FF&E,		Land			FF&E,		Land		FF&E,		Total		Accumulated		Construction	Acquisition	Income
												Buildings and					Buildings and				Buildings and				Depreciation		Date	Date	Statement
												improvements					improvements				improvements
	SpringHill Suites by Marriott	Centerville, VA		6,101				1,806				11,712		—			990		1,806		12,702		14,508		3,367			Jun-05	(1),(2),(3)
	SpringHill Suites by Marriott	Charlotte, NC		5,703				1,235				6,818		—			1,945		1,235		8,763		9,998		2,662			Jun-05	(1),(2),(3)
	SpringHill Suites by Marriott	Durham, NC		4,888				1,090				3,991		—			2,134		1,090		6,125		7,215		2,108			Jun-05	(1),(2),(3)
	SpringHill Suites by Marriott	Orlando, FL		29,238				8,620				27,699		—			8,846		8,620		36,545		45,165		7,120			Apr-07	(1),(2),(3)
	SpringHill Suites by Marriott	Manhattan Beach, CA		21,212				5,726				21,187		—			3,019		5,726		24,206		29,932		5,778			Apr-07	(1),(2),(3)
	SpringHill Suites by Marriott	Plymouth Meeting, PA		19,354				3,210				24,578		—			3,018		3,210		27,596		30,806		6,353			Apr-07	(1),(2),(3)
	SpringHill Suites by Marriott	Glen Allen, VA		14,793				2,045				15,802		—			2,290		2,045		18,092		20,137		4,322			Apr-07	(1),(2),(3)
	Fairfield Inn by Marriott	Kennesaw, GA		5,495				840				4,359		—			1,536		840		5,895		6,735		2,143			Jul-04	(1),(2),(3)
	Fairfield Inn by Marriott	Orlando, FL		15,416				6,507				9,895		—			2,471		6,507		12,366		18,873		3,123			Apr-07	(1),(2),(3)
	Courtyard by Marriott	Bloomington, IN		11,367				900				10,741		—			1,697		900		12,438		13,338		3,251			Sep-04	(1),(2),(3)
	Courtyard by Marriott	Columbus, IN		5,070				673				4,804		—			1,781		673		6,585		7,258		1,770			Sep-04	(1),(2),(3)
	Courtyard by Marriott	Louisville, KY		19,203				1,352				12,266		—			2,909		1,352		15,175		16,527		5,073			Sep-04	(1),(2),(3)
Courtyard by Marriott	Crystal City, VA		31,378				5,411				38,610		—			4,501		5,411		43,111		48,522		11,642			Jun-05	(1),(2),(3)
Courtyard by Marriott	Ft. Lauderdale, FL		21,681				2,244				18,520		—			2,511		2,244		21,031		23,275		5,454			Jun-05	(1),(2),(3)
Courtyard by Marriott	Overland Park, KS		11,424				1,868				14,030		—			3,302		1,868		17,332		19,200		4,502			Jun-05	(1),(2),(3)
Courtyard by Marriott	Palm Desert, CA		10,274				2,722				11,995		—			2,443		2,722		14,438		17,160		3,661			Jun-05	(1),(2),(3)
Courtyard by Marriott	Foothill Ranch, CA		12,731				2,447				16,005		—			1,698		2,447		17,703		20,150		4,672			Jun-05	(1),(2),(3)
Courtyard by Marriott	Alpharetta, GA		9,821				2,244				12,345		—			2,597		2,244		14,942		17,186		4,032			Jun-05	(1),(2),(3)
Courtyard by Marriott	Orlando, FL		28,248				7,389				26,817		—			3,953		7,389		30,770		38,159		6,735			Apr-07	(1),(2),(3)
Courtyard by Marriott	Oakland, CA		23,227				5,112				19,429		—			2,298		5,112		21,727		26,839		4,881			Apr-07	(1),(2),(3)
Courtyard by Marriott	Scottsdale, AZ		22,299				3,700				22,134		—			2,485		3,700		24,619		28,319		5,626			Apr-07	(1),(2),(3)
Courtyard by Marriott	Plano, TX		19,053				2,115				22,360		—			3,377		2,115		25,737		27,852		5,900			Apr-07	(1),(2),(3)
Courtyard by Marriott	Edison, NJ		12,232				2,147				11,865		—			1,530		2,147		13,395		15,542		3,207			Apr-07	(1),(2),(3)
Courtyard by Marriott	Newark, CA		6,026				2,863				10,722		—			3,303		2,863		14,025		16,888		3,075			Apr-07	(1),(2),(3)
Courtyard by Marriott	Manchester, CT		6,845				1,301				7,430		—			2,432		1,301		9,862		11,163		2,637			Apr-07	(1),(2),(3)
Courtyard by Marriott	Basking Ridge, NJ		41,264				5,419				45,304		—			2,722		5,419		48,026		53,445		9,969			Apr-07	(1),(2),(3)
Marriott Residence Inn	Lake Buena Vista, FL		26,637				2,555				20,367		—			2,378		2,555		22,745		25,300		6,868			Mar-04	(1),(2),(3)
Marriott Residence Inn	Evansville, IN		6,375				960				5,972		—			1,305		960		7,277		8,237		1,926			Sep-04	(1),(2),(3)
Marriott Residence Inn	Orlando, FL		33,013				6,554				40,539		—			3,189		6,554		43,728		50,282		11,249			Jun-05	(1),(2),(3)
Marriott Residence Inn	Falls Church, VA		21,688				2,752				34,979		—			1,864		2,752		36,843		39,595		9,145			Jun-05	(1),(2),(3)
Marriott Residence Inn	San Diego, CA		19,438				3,156				29,514		—			5,411		3,156		34,925		38,081		8,541			Jun-05	(1),(2),(3)
Marriott Residence Inn	Salt Lake City, UT		13,307				1,897				16,357		—			4,566		1,897		20,923		22,820		5,330			Jun-05	(1),(2),(3)
Marriott Residence Inn	Palm Desert, CA		10,636				3,280				10,463		—			4,384		3,280		14,847		18,127		3,872			Jun-05	(1),(2),(3)
Marriott Residence Inn	Las Vegas, NV		27,884				18,177				39,569		—			2,881		18,177		42,450		60,627		8,907			Apr-07	(1),(2),(3)
Marriott Residence Inn	Phoenix, AZ		22,403				4,100				23,187		—			5,910		4,100		29,097		33,197		5,456			Apr-07	(1),(2),(3)
Marriott Residence Inn	Plano, TX		14,284				2,045				16,869		—			3,574		2,045		20,443		22,488		4,383			Apr-07	(1),(2),(3)
Marriott Residence Inn	Newark, CA		10,761				3,272				11,705		—			4,621		3,272		16,326		19,598		3,368			Apr-07	(1),(2),(3)
Marriott Residence Inn	Manchester, CT		7,313				1,462				8,306		—			1,642		1,462		9,948		11,410		2,249			Apr-07	(1),(2),(3)
Marriott Residence Inn	Atlanta, GA		15,419				1,901				16,749		—			4,596		1,901		21,345		23,246		4,668			Apr-07	(1),(2),(3)
Marriott Residence Inn	Jacksonville, FL		10,673				1,997				16,084		—			3,255		1,997		19,339		21,336		4,877			May-07	(1),(2),(3)
Column A			Column B				Column C						Column D					Column E						Column F		Column G	Column H	Column I
							Initial Cost						Costs Capitalized					Gross Carrying Amount At Close of Period
													Since Acquisition
Hotel Property	Location		Encumbrances				Land				FF&E,		Land			FF&E,		Land		FF&E,		Total		Accumulated		Construction	Acquisition	Income
											Buildings and					Buildings and				Buildings and				Depreciation		Date	Date	Statement
											improvements					improvements				improvements
TownePlace Suites by Marriott	Manhattan Beach, CA		19,577				4,805				17,543		—			1,514		4,805		19,057		23,862		4,151			Apr-07	(1),(2),(3)
One Ocean	Atlantic Beach, FL		32,688				5,815				14,817		—			25,227		5,815		40,044		45,859		15,647			Apr-04	(1),(2),(3)
Sheraton Hotel	Langhorne, PA		17,789				2,037				12,424		—			9,104		2,037		21,528		23,565		6,727			Jul-04	(1),(2),(3)
Sheraton Hotel	Minneapolis, MN		17,720				2,953				14,280		—			10,028		2,953		24,308		27,261		6,220			Mar-05	(1),(2),(3)
Sheraton Hotel	Indianapolis, IN		24,758				3,100				22,040		—			20,585		3,100		42,625		45,725		11,993			Mar-05	(1),(2),(3)
Sheraton Hotel	Anchorage, AK		47,316				4,023				39,363		—			10,682		4,023		50,045		54,068		12,782			Dec-06	(1),(2),(3)
Sheraton Hotel	San Diego, CA		29,185				7,294				36,382		—			10,399		7,294		46,781		54,075		11,860			Dec-06	(1),(2),(3)
Hyatt Regency	Coral Gables, FL		63,600				4,805				50,820		—			6,905		4,805		57,725		62,530		12,661			Apr-07	(1),(2),(3)
Crowne Plaza	Beverly Hills, CA		98,240				6,510				22,061		—			18,332		6,510		40,393		46,903		8,298			Mar-05	(1),(2),(3)
Crowne Plaza	Key West, FL		26,681				—				27,513		—			18,883		—		46,396		46,396		12,690			Mar-05	(1),(2),(3)
Annapolis Inn	Annapolis, MD		11,632				3,028				7,833		—			4,945		3,028		12,778		15,806		4,203			Mar-05	(1),(2),(3)
Ashton	Ft. Worth, TX		5,525				800				7,187		—			36		800		7,223		8,023		281			Jul-14	(1),(2),(3)
WorldQuest Resort	Orlando, FL		—				1,432				9,870		(45		)	871		1,387		10,741		12,128		1,853			Mar-11	(1),(2),(3)
Total			$	1,954,103			$	358,842			$	1,892,850	$	1,060		$	466,964	$	359,902	$	2,359,814	$	2,719,716	$	591,105
_________________________
(1) Estimated useful life for buildings is 39 years.
(2) Estimated useful life for building improvements is 7.5 years.
(3) Estimated useful life for furniture and fixtures is 3 to 5 years.
	Year Ended December 31,
	2014				2013				2012
Investment in Real Estate:
Beginning balance	$	2,671,002			$	3,509,744			$	3,560,198
Additions	171,542				184,106				81,083
Reclassification	—				622				—
Impairment/write-offs	(22,286		)		(99,460		)		(95,713		)
Sales/disposals	(100,542		)		(924,010		)		(35,824		)
Ending balance	2,719,716				2,671,002				3,509,744
Accumulated Depreciation:
Beginning balance	507,208				637,840				602,749
Depreciation expense	110,464				127,273				135,850
Reclassification	—				373				—
Impairment/write-offs	(22,286		)		(99,460		)		(91,594		)
Sales/disposals	(4,281		)		(158,818		)		(9,165		)
Ending balance	591,105				507,208				637,840
Investment in Real Estate, net	$	2,128,611			$	2,163,794			$	2,871,904

Mortgage_Loans_and_Interest_Ea

Mortgage Loans and Interest Earned on Real Estate	12 Months Ended
	Dec. 31, 2014
Mortgage Loans on Real Estate [Abstract]
MORTGAGE LOANS ON REAL ESTATE	SCHEDULE IV — MORTGAGE LOANS ON REAL ESTATE
	ASHFORD HOSPITALITY TRUST, INC. AND SUBSIDIARIES
	December 31, 2014
	(in thousands)
	Column A				Column B			Column C				Column D		Column E	Column F	Column G
	Description				Prior Liens			Balance at				Delinquent		Being	Accrued	Interest Income
								December 31,				Principal		Foreclosed at	Interest at	During the
								2014				December 31,		December 31,	December 31,	Year Ended
												2014		2014	2014	December 31,
																2014
	Ritz Carlton		Key Biscayne, FL		—			11,075				—		—	—	—
	Valuation allowance							(7,522		)		—
	Net carrying value							$	3,553			$	—
		Year Ended December 31,
		2014				2013				2012
	Investment in Mortgage Loans:
	Balance at January 1	$	3,384			$	3,233			$	3,101
	Principal payments	(246		)		(245		)		(246		)
	Amortization of discounts/deferred income	—				—				—
	Valuation allowance adjustments	415				396				378
	Balance at December 31	$	3,553			$	3,384			$	3,233

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation – The accompanying consolidated financial statements include the accounts of Ashford Hospitality Trust, Inc., its majority-owned subsidiaries and its majority-owned joint ventures in which it has a controlling interest. All significant inter-company accounts and transactions between consolidated entities have been eliminated in these consolidated financial statements.
	Marriott International, Inc. (“Marriott”) manages 26 of our properties as of December 31, 2014. There were eight additional hotel properties managed by Marriott until May 31, 2013 and six properties managed by Marriott included in the Ashford Prime spin-off. For these 40 Marriott-managed hotels, the 2012 fiscal year reflects twelve weeks of operations in the first three quarters of the year and sixteen weeks for the fourth quarter of the year. Beginning in 2013, the fiscal quarters end on March 31st, June 30th, September 30th and December 31st. .For Marriott-managed hotels, the fourth quarters of 2014, 2013 and 2012 ended December 31, 2014, December 31, 2013, and December 28, 2012, respectively. Prior results have not been adjusted.
Use of Estimates	Use of Estimates – The preparation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents – Cash and cash equivalents include cash on hand or held in banks and short-term investments with an initial maturity of three months or less at the date of purchase.
Restricted Cash	Restricted Cash – Restricted cash includes reserves for debt service, real estate taxes, and insurance, as well as excess cash flow deposits and reserves for furniture, fixtures, and equipment replacements of approximately 4% to 6% of property revenue for certain hotels, as required by certain management or mortgage debt agreement restrictions and provisions. For purposes of the consolidated statements of cash flows, changes in restricted cash caused by using such funds for debt service, real estate taxes, and insurance are shown as operating activities. Changes in restricted cash caused by using such funds for furniture, fixtures, and equipment replacements are included in cash flows from investing activities.
Accounts and Notes Receivable	Accounts Receivable – Accounts receivable consists primarily of meeting and banquet room rental and hotel guest receivables. We generally do not require collateral. We maintain an allowance for doubtful accounts for estimated losses resulting from the inability of guests to make required payments for services. The allowance is maintained at a level believed adequate to absorb estimated receivable losses. The estimate is based on past receivable loss experience, known and inherent credit risks, current economic conditions, and other relevant factors, including specific reserves for certain accounts.
	Notes Receivable – We provide mezzanine loan financing, documented by notes receivable. These loans are held for investment and are intended to be held to maturity and accordingly, are recorded at cost, net of unamortized loan origination costs and fees, loan purchase discounts and the allowance for losses when a loan is deemed to be impaired. Premiums, discounts, and net origination fees are amortized or accreted as an adjustment to interest income using the effective interest method over the life of the loan. We discontinue recording interest and amortizing discounts/premiums when the contractual payment of interest and/or principal is not received when contractually due. Payments received on impaired nonaccrual loans are recorded as adjustments to impairment charges. No interest income was recorded for 2014, 2013 and 2012.
	Variable interest entities, as defined by authoritative accounting guidance, must be consolidated by their controlling interest beneficiaries if the variable interest entities do not effectively disperse risks among the parties involved. Our remaining mezzanine note receivable at December 31, 2014 is secured by a hotel property and is subordinate to the controlling interest in the secured hotel property. The note receivable is considered to be a variable interest in the entity that owns the related hotel. However, we are not considered to be the primary beneficiary of the hotel property as a result of holding the loan. Therefore, we do not consolidate the hotel property for which we have provided financing. We will evaluate the interests in entities acquired or created in the future to determine whether such entities should be consolidated. In evaluating the variable interest entity, our analysis involves considerable management judgment and assumptions.
Inventories	Inventories – Inventories, which primarily consist of food, beverages, and gift store merchandise, are stated at the lower of cost or market value. Cost is determined using the first-in, first-out method.
Investments in Hotel Properties	Investments in Hotel Properties – Hotel properties are generally stated at cost. However, the remaining four hotel properties contributed upon Ashford’s formation in 2003 that are still owned by Ashford (the “Initial Properties”) are stated at the predecessor’s historical cost, net of impairment charges, if any, plus a noncontrolling interest partial step-up related to the acquisition of noncontrolling interests from third parties associated with the Initial Properties. For hotel properties owned through our majority-owned joint ventures, the carrying basis attributable to the joint venture partners’ minority ownership is recorded at the predecessor’s historical cost, net of any impairment charges, while the carrying basis attributable to our majority ownership is recorded based on the allocated purchase price of our ownership interests in the joint ventures. All improvements and additions which extend the useful life of the hotel properties are capitalized.
Impairment of Investment in Hotel Properties	Impairment of Investments in Hotel Properties – Hotel properties are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. We test impairment by using current or projected cash flows over the estimated useful life of the asset. In evaluating the impairment of hotel properties, we make many assumptions and estimates, including projected cash flows, expected holding period and expected useful life. We may also use fair values of comparable assets. If an asset is deemed to be impaired, we record an impairment charge for the amount that the property’s net book value exceeds its estimated fair value, less cost to sell. During 2012, we recorded an impairment charge of $4.1 million on one hotel property, all of which is included the operating results of discontinued operations. No impairment charges were recorded for investments in hotel properties included in our continuing operations for 2014, 2013 and 2012.
Impairment of Notes Receivable	Impairment of Notes Receivable – We review notes receivable for impairment in each reporting period pursuant to the applicable authoritative accounting guidance. A loan is impaired when, based on current information and events, it is probable that we will be unable to collect all amounts recorded as assets on the balance sheet. We apply normal loan review and underwriting procedures (as may be implemented or modified from time to time) in making that judgment.
	When a loan is impaired, we measure impairment based on the present value of expected cash flows discounted at the loan’s effective interest rate against the value of the asset recorded on the balance sheet. We may also measure impairment based on a loan’s observable market price or the fair value of collateral if the loan is collateral dependent. If a loan is deemed to be impaired, we record a valuation allowance through a charge to earnings for any shortfall. Our assessment of impairment is based on considerable judgment and estimates. No impairment charges were recorded for 2014, 2013 and 2012. Valuation adjustments of $415,000, $396,000 and $5.3 million on previously impaired notes were credited to impairment charges during 2014, 2013 and 2012. See Notes 4 and 15.
Investments in Unconsolidated Entities	Investments in Unconsolidated Entities – Investments in entities in which we have ownership interests ranging from 14.4% to 71.74% are accounted for under the equity method of accounting by recording the initial investment and our percentage of interest in the joint venture’s net income (loss). We review the investments in our unconsolidated entities for impairment in each reporting period pursuant to the applicable authoritative accounting guidance. An investment is impaired when its estimated fair value is less than the carrying amount of our investment. Any impairment is recorded in equity earnings (loss) in unconsolidated entities. No such impairment was recorded in 2014, 2013 and 2012.
	Our investments in certain unconsolidated entities are considered to be variable interests in the underlying entities. Variable Interest Entities (“VIE”), as defined by authoritative accounting guidance, must be consolidated by a reporting entity if the reporting entity is the primary beneficiary because it has (i) the power to direct the VIE’s activities that most significantly impact the VIE’s economic performance, (ii) an implicit financial responsibility to ensure that a VIE operates as designed, and (iii) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE. Because we do not have the power and financial responsibility to direct the unconsolidated entities’ activities and operations, we are not considered to be the primary beneficiary of these joint ventures on an ongoing basis and therefore such entities should not be consolidated. In evaluating VIEs, our analysis involves considerable management judgment and assumptions.
	In 2011, we acquired a 71.74% ownership interest in PIM Highland JV through contributions made by various entities in which we had equity investments and an additional cash investment. We adopted the equity accounting method for our investment in the PIM Highland JV due to the fact that we exercise significant influence but do not control the joint venture. Although we have the majority ownership of 71.74% in the joint venture, all the major decisions related to the joint venture, including establishment of policies and operating procedures with respect to business affairs, incurring obligations and expenditures, are subject to the approval of an executive committee, which is comprised of four persons with us and our joint venture partner each designating two of those persons. Our investment in PIM Highland JV had a carrying value of $144.8 million and $139.3 million at December 31, 2014 and 2013, respectively.
	In connection with the previously discussed spin-off of Ashford Prime on November 19, 2013, we maintained a 20% ownership interest in Ashford Prime OP (subsequently reduced to a 15.0% ownership interest, as of December 31, 2014, primarily as the result of an additional equity raise by Ashford Prime). We adopted the equity accounting method for our investment in Ashford Prime OP due to the fact that we exercise significant influence but do not control the entity. All major decisions related to Ashford Prime OP that most significantly impact Ashford Prime OP’s economic performance, including but not limited to operating procedures with respect to business affairs and any acquisitions, dispositions, financings, restructurings or other transactions with sellers, purchasers, lenders, brokers, agents and other applicable representatives, are subject to the approval of Ashford Prime OP General Partner LLC, its general partner. Our investment in Ashford Prime had a carrying value of $54.9 million and $56.2 million at December 31, 2014 and 2013, respectively.
	On February 27, 2014, we announced that our Board of Directors had approved a plan to spin-off our asset management business into a separate publicly traded company in the form of a taxable special distribution. The spin-off was completed on November 12, 2014, with a pro-rata taxable distribution of Ashford Inc.’s common stock to our stockholders of record as of November 11, 2014. The distribution was comprised of one share of Ashford Inc. common stock for every 87 shares of our common stock held by our stockholders. In addition for each common unit of our operating partnership the holder received a common unit of the operating limited liability company subsidiary of Ashford Inc. Each holder of common units of the operating limited liability company of Ashford Inc. could exchange up to 99% of those units for shares of Ashford Inc. stock at the rate of one share of Ashford Inc. common stock for every 55 common units. The distribution was made on November 12, 2014. Following the spin-off, we continue to hold approximately 598,000 shares of Ashford Inc. common stock for the benefit of our common stockholders, which represents an approximate 30.1% ownership interest in Ashford Inc. at the time of the spin-off. In connection with the spin-off, we entered into a 20-year advisory agreement with Ashford Inc. Our ownership interest in Ashford Inc. was 30.1% and had a carrying value of $7.1 million at December 31, 2014.
Assets Held for Sale and Discontinued Operations	Assets Held for Sale and Discontinued Operations – We classify assets as held for sale when management has obtained a firm commitment from a buyer, and consummation of the sale is considered probable and expected within one year. In addition, we deconsolidate a property upon transfer of title . When deconsolidating a property/subsidiary, we recognize a gain or loss in net income measured as the difference between the fair value of any consideration received, the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary is deconsolidated, and the carrying amount of the former property/subsidiary. The related operations of assets held for sale are reported as discontinued if a) such operations and cash flows can be clearly distinguished, both operationally and financially, from our ongoing operations, b) such operations and cash flows will be eliminated from ongoing operations once the disposal occurs, and c) we will not have any significant continuing involvement subsequent to the disposal.
Marketable Securities	Marketable Securities – Marketable securities include U.S. treasury bills and stocks, put and call options of certain publicly traded companies. All of these investments are recorded at fair value. Put and call options are considered derivatives. The fair value of these investments has been determined based on the closing price as of the balance sheet date and is reported as “Marketable securities” or “Liabilities associated with marketable securities and other” in the consolidated balance sheets. The cost of securities sold is determined by using the high cost method. Net investment income, including interest income (expense), dividends, realized gains and losses, and costs of investment, is reported as a component of “Other income.” Unrealized gains and losses on these investments are reported as “Unrealized gain (loss) marketable securities” in the consolidated statements of operations.
Deferred Costs, net	Deferred Costs, net – Deferred loan costs are recorded at cost and amortized over the terms of the related indebtedness using the effective interest method. Deferred franchise fees are amortized on a straight-line basis over the terms of the related franchise agreements.
Intangible Asset, net
	Intangible Asset, net – Intangible asset represents the market value related to a lease agreement obtained in connection with the CNL acquisition that was below the market rate at the date of the acquisition and is amortized over the remaining term of the lease. An intangible asset was contributed to Ashford Prime OP in connection with the Ashford Prime spin-off in 2013. For the years ended December 31, 2014, 2013 and 2012, amortization expense related to intangibles was zero, $79,000 and $89,000, respectively.
Derivative Instruments and Hedging	Derivative Instruments and Hedging – We primarily use interest rate derivatives to hedge our risks and to capitalize on the historical correlation between changes in LIBOR and RevPAR. The interest rate derivatives include swaps, caps, floors, flooridors and corridors. Interest rate swaps (or reverse swaps) involve the exchange of fixed-rate payments for variable-rate payments (or vice versa) over the life of the derivative agreements without exchange of the underlying principal amount. Interest rate caps designated as cash flow hedges provide us with interest rate protection above the strike rate on the cap and result in us receiving interest payments when actual rates exceed the cap strike. For interest rate floors, we pay our counterparty interest when the variable interest rate index is below the strike rate. The interest rate flooridor combines two interest rate floors, structured such that the purchaser simultaneously buys an interest rate floor at a strike rate X and sells an interest rate floor at a lower strike rate Y. The purchaser of the flooridor is paid when the underlying interest rate index (for example, LIBOR) resets below strike rate X during the term of the flooridor. Unlike a standard floor, the flooridor limits the benefit the purchaser can receive as the related interest rate index falls. Once the underlying index falls below strike rate Y, the sold floor offsets the purchased floor. The interest rate corridor involves purchasing of an interest rate cap at one strike rate X and selling an interest rate cap with a higher strike rate Y. The purchaser of the corridor is paid when the underlying interest rate index resets above the strike rate X during the term of the corridor. The corridor limits the benefit the purchaser can receive as the related interest rate index rises above the strike rate Y. There is no liability to us other than the purchase price associated with the flooridor and corridor.
	We assess the effectiveness of each hedging relationship by comparing the changes in fair value or cash flows of the derivative hedging instrument with the changes in fair value or cash flows of the designated hedged item or transaction. We also use credit default swaps to hedge financial and capital market risk. All these derivatives are subject to master netting settlement arrangements and the credit default swaps are subject to credit support annexes. As the derivatives are subject to master netting settlement arrangements, we report derivatives with the same counterparty net on the consolidated balance sheets. For credit default swaps, cash collateral is posted by us as well as our counterparty. We offset the fair value of the derivative and the obligation/right to return/reclaim cash collateral.
	All derivatives are recorded at fair value in accordance with the applicable authoritative accounting guidance. Interest rate derivatives and credit default swaps are reported as “Derivative assets, net” or “Liabilities associated with marketable securities and other” in the consolidated balance sheets. Accrued interest on non-hedge designated interest rate derivatives is included in “Accounts receivable, net” in the consolidated balance sheets. For interest rate derivatives designated as cash flow hedges:
	a)	the effective portion of changes in fair value is initially reported as a component of “Accumulated other comprehensive income (loss)” (“OCI”) in the equity section of the consolidated balance sheets and reclassified to interest expense in the consolidated statements of operations in the period during which the hedged transaction affects earnings, and
	b)	the ineffective portion of changes in fair value is recognized directly in earnings as “Unrealized gain (loss) on derivatives” in the consolidated statements of operations. For the years ended December 31, 2014, 2013 and 2012 there was no ineffectiveness.
	For non-hedge designated interest rate derivatives and credit default swaps, changes in fair value are recognized in earnings as “Unrealized loss on derivatives” in the consolidated statements of operations.
Due to/from Affiliates	Due to/from Affiliates – Due to/from affiliates represents current receivables and payables resulting primarily from advances of shared costs incurred. Both due to and due from affiliates are generally settled within a period not exceeding one year.
Due to/from Related Party	Due to/from Related Party – Due to/from related party represents current receivables and payables resulting from transactions related to hotel management, project management and market services with a related party. Due to/from related party is generally settled within a period not exceeding one year.
Due to/from Ashford Prime	Due to/from Ashford Prime – Due to/from Ashford Prime represents current receivables and payables resulting primarily from costs associated with the spin-off of Ashford Prime as well as receivables related to advisory fees. Both due to and due from Ashford Prime will generally be settled within a period not exceeding one year.
Due to/from Ashford Inc.	Due to/from Ashford Inc. – Due to/from Ashford Inc. represents current receivables and payables resulting primarily from costs associated with the spin-off of Ashford Inc. as well as payables related to advisory fees. Both due to and due from Ashford Inc. will generally be settled within a period not exceeding one year.
Due to/from Third-Party Hotel Managers	Due to/from Third-Party Hotel Managers – Due from third-party hotel managers primarily consists of amounts due from Marriott related to cash reserves held at the Marriott corporate level related to operating, capital improvements, insurance, real estate taxes, and other items. Due to/from third-party hotel managers also represents current receivables and payables resulting from transactions related to hotel management.
Unfavorable Management Contract Liabilities	Unfavorable Management Contract Liabilities – Certain management agreements assumed in the acquisition of a hotel in 2006 and the CNL acquisition in 2007 had terms that were more favorable to the respective managers than typical market management agreements at the acquisition dates. As a result, we recorded unfavorable contract liabilities related to those management agreements totaling $23.4 million based on the present value of expected cash outflows over the initial terms of the related agreements. The unfavorable contract liabilities are amortized as reductions to incentive management fees on a straight-line basis over the initial terms of the related agreements. In evaluating unfavorable contract liabilities, our analysis involves considerable management judgment and assumptions. An unfavorable management contract with a carrying value of $493,000 was contributed to Ashford Prime OP in connection with the Ashford Prime spin-off.
Noncontrolling Interests	Noncontrolling Interests – The redeemable noncontrolling interests in the operating partnership represent the limited partners’ proportionate share of equity in earnings/losses of the operating partnership, which is an allocation of net income attributable to the common unit holders based on the weighted average ownership percentage of these limited partners’ common unit holdings throughout the period plus distributions paid to these limited partners’ Class B unit holdings. The redeemable noncontrolling interests in our operating partnership is classified in the mezzanine section of the consolidated balance sheets as these redeemable operating units do not meet the requirements for equity classification prescribed by the authoritative accounting guidance because the redemption feature requires the delivery of cash or registered shares. The carrying value of the noncontrolling interests in the operating partnership is based on the greater of the accumulated historical cost or the redemption value.
	The noncontrolling interests in consolidated entities represent ownership interests of 15% of two hotel properties held by one joint venture at December 31, 2014. The noncontrolling interests in consolidated entities that represented ownership interest of 25% of two hotel properties held by one joint venture were contributed to Ashford Prime in connection with the previously discussed spin-off. At December 31, 2012, the noncontrolling interest in consolidated entities represented ownership interests ranging from 15% to 25% of four hotel properties held by two joint ventures. The noncontrolling interests in consolidated entities are reported in equity in the consolidated balance sheets.
	Net income/loss attributable to redeemable noncontrolling interests in the operating partnership and income/loss from consolidated entities attributable to noncontrolling interests in our consolidated entities are reported as deductions/additions from/to net income/loss. Comprehensive income/loss attributable to these noncontrolling interests is reported as reductions/additions from/to comprehensive income/loss.
Guarantees	Guarantees – Upon acquisition of the 51-hotel CNL Portfolio on April 11, 2007, we assumed certain guarantees, which represent funds provided by third-party hotel managers to guarantee minimum returns for certain hotel properties. As we are obligated to repay such amounts through increased incentive management fees through cash reimbursements, such guarantees are recorded as other liabilities. During 2013, payments were made to satisfy all guarantees and as a result there are no future obligations.
Revenue Recognition	Revenue Recognition – Hotel revenues, including room, food, beverage, and ancillary revenues such as long-distance telephone service, laundry, parking and space rentals, are recognized when services have been rendered. Taxes collected from customers and submitted to taxing authorities are not recorded in revenue. Advisory services are recognized when services have been rendered. The quarterly base fee is equal to 0.70% per annum of the total market capitalization, as defined, of Ashford Prime, subject to certain minimums. The incentive fee is earned annually in each year that Ashford Prime’s total stockholder return exceeds the total stockholder return for Ashford Prime’s peer group, as defined. Reimbursements for overhead and internal audit services are recognized when services have been rendered. We also recorded advisory revenue for equity grants of Ashford Prime common stock and LTIP units awarded to our officers and employees in connection with providing advisory services equal to the fair value of the award in proportion to the requisite service period satisfied during the period, as well an offsetting expense in an equal amount included in “Corporate, general and administrative” expense. As previously discussed, this agreement was transferred in connection with the Ashford Inc. spin-off. We are reimbursed by PIM Highland JV for costs associated with managing its day-to-day operations and providing corporate administrative services such as accounting, insurance, marketing support, asset management and other services. Beginning with the three months ended March 31, 2014, we changed the presentation to report such reimbursements as “Other” revenue as opposed to credits within “Corporate, general and administrative” expense. This change had no impact on our financial condition or results of operations. Interest income, representing interest on the mezzanine loan (including accretion of discounts on the mezzanine loan using the effective interest method), is recognized when earned. We discontinue recording interest and amortizing discounts/premiums when the contractual payment of interest and/or principal is not received when contractually due. Asset management fees are recognized when services are rendered.
Other Expenses	Other Expenses – Other expenses include Internet, telephone charges, guest laundry, valet parking, and hotel-level general and administrative fees, sales and marketing expenses, repairs and maintenance, franchise fees and utility costs. They are expensed as incurred.
Advertising Costs	Advertising Costs – Advertising costs are charged to expense as incurred. For 2014, 2013 and 2012, our continuing operations incurred advertising costs of $3.3 million, $4.1 million and $4.0 million, respectively. Advertising costs related to continuing operations are included in “Other expenses” in the accompanying consolidated statement of operations.
Equity-Based Compensation	Equity-Based Compensation – Stock/unit-based compensation is accounted for at fair value based on the market price of the shares at the date of grant in accordance with applicable authoritative accounting guidance. The fair value is charged to compensation expense on a straight-line basis over the vesting period of the shares/units.
Depreciation and amortization	Depreciation and Amortization – Owned hotel properties are depreciated over the estimated useful life of the assets and leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the related assets. Presently, hotel properties are depreciated using the straight-line method over lives ranging from 7.5 to 39 years for buildings and improvements and 3 to 5 years for furniture, fixtures and equipment. While we believe our estimates are reasonable, a change in estimated useful lives could affect depreciation expense and net income (loss) as well as resulting gains or losses on potential hotel sales.
Income Taxes	Income Taxes – As a REIT, we generally will not be subject to federal corporate income tax on the portion of our net income (loss) that does not relate to taxable REIT subsidiaries. However, Ashford TRS is treated as a taxable REIT subsidiary for federal income tax purposes. In accordance with authoritative accounting guidance, we account for income taxes related to Ashford TRS using the asset and liability method under which deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. In addition, the analysis utilized by us in determining our deferred tax asset valuation allowance involves considerable management judgment and assumptions.
	The “Income Taxes” topic of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification addresses the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. The guidance requires us to determine whether tax positions we have taken or expect to take in a tax return are more likely than not to be sustained upon examination by the appropriate taxing authority based on the technical merits of the positions. Tax positions that do not meet the more likely than not threshold would be recorded as additional tax expense in the current period. We analyze all open tax years, as defined by the statute of limitations for each jurisdiction, which includes the federal jurisdiction and various states. We classify interest and penalties related to underpayment of income taxes as income tax expense. We and our subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and cities. Tax years 2011 through 2014 remain subject to potential examination by certain federal and state taxing authorities.
Income (Loss) Per Share	Income (Loss) Per Share – Basic income (loss) per common share is calculated by dividing net income (loss) attributable to common stockholders by the weighted average common shares outstanding during the period using the two-class method prescribed by applicable authoritative accounting guidance. Diluted income (loss) per common share is calculated using the two-class method, or the treasury stock method, if more dilutive. Diluted income/loss per common share reflects the potential dilution that could occur if securities or other contracts to issue common shares were exercised or converted into common shares, whereby such exercise or conversion would result in lower income per share.
Recently Issued Accounting Standards	Recently Issued Accounting Standards—In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). ASU 2014-08 revises the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results, removing the lack of continuing involvement criteria and requiring discontinued operations reporting for the disposal of an equity method investment that meets the definition of discontinued operations. The update also requires expanded disclosures for discontinued operations, including disclosure of pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting. ASU 2014-08 is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2014. Upon adoption of this standard in 2015, we will be required to evaluate whether a disposal meets the discontinued operations requirements under ASU 2014-08. We will make the additional disclosures upon adoption. Upon adoption, we anticipate that the operations of sold hotel properties through the date of their disposal will be included in continuing operations.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). ASU 2014-09 is a comprehensive new revenue recognition model, which requires a company to recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration the company expects to receive in exchange for those goods or services. The update will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. ASU 2014-09 is effective in fiscal periods beginning after December 15, 2016. Early adoption is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method.
	In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), to provide guidance on management's responsibility to perform interim and annual assessments of an entity’s ability to continue as a going concern and to provide related disclosure requirements. ASU 2014-15 applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. We do not expect the adoption of this standard will have an impact on our financial position, results of operations or cash flows.

Investment_in_Hotel_Properties1

Investment in Hotel Properties (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Investment in hotel properties	Investments in hotel properties consisted of the following (in thousands):
		December 31,
		2014			2013
	Land	$	358,514		$	410,148
	Buildings and improvements	2,125,656			2,071,811
	Furniture, fixtures and equipment	211,777			166,193
	Construction in progress	11,704			11,956
	Condominium properties	12,065			12,442
	Total cost	2,719,716			2,672,550
	Accumulated depreciation	(591,105		)	(508,161		)
	Investments in hotel properties, net	$	2,128,611		$	2,164,389
Schedule of estimated fair value of the assets acquired and liabilities assumed in the acquisition	The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed in the acquisition (in thousands):
	Land	$	800
	Buildings and improvements	6,687
	Furniture, fixtures, and equipment	500
		7,987
	The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed in the acquisition (in thousands):
	Land	$	5,800
	Buildings and improvements	41,100
	Furniture, fixtures, and equipment	3,100
		50,000
	The following table summarizes the estimated fair value of the assets acquired and liabilities assumed in the acquisition (in thousands):
	Land	$	56,900
	Buildings and improvements	26,925
	Furniture, fixtures, and equipment	6,100
		89,925
	Net other assets and liabilities	(1,691		)
	Total	$	88,234

Investment_in_Unconsolidated_E1

Investment in Unconsolidated Entities (Tables)	12 Months Ended
	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Balance Sheet Information	Ashford Hospitality Prime Limited Partnership
	Condensed Consolidated Balance Sheets
		December 31,
		2014			2013
	Total assets	$	1,229,508		$	962,407
	Total liabilities	805,510			659,280
	Partners’ capital	423,998			303,127
	Total liabilities and partners’ capital	$	1,229,508		$	962,407
	Our ownership interest in Ashford Prime OP	$	54,907		$	56,243
	The following tables summarize the condensed balance sheets as of December 31, 2014 and 2013 and the condensed statement of operations for the years ended December 31, 2014, 2013 and 2012 of the PIM Highland JV (in thousands):
	PIM Highland JV
	Condensed Consolidated Balance Sheets
		December 31,
		2014			2013
	Total assets	$	1,394,806		$	1,390,782
	Total liabilities	1,166,682			1,173,841
	Members’ capital	228,124			216,941
	Total liabilities and members’ capital	$	1,394,806		$	1,390,782
	Our ownership interest in PIM Highland JV	$	144,784		$	139,302
	Ashford Inc.
	Condensed Consolidated and Combined Balance Sheets
		December 31,
		2014			2013
	Total assets	$	49,230		$	2,322
	Total liabilities	33,912			8,081
	Owner’s equity (deficit)	15,318			(5,759		)
	Total liabilities and owners’ equity (deficit)	$	49,230		$	2,322
	Our ownership interest in Ashford Inc.	$	7,099		$	—
Schedule of Statement of Operations	Ashford Hospitality Prime Limited Partnership
	Condensed Consolidated and Combined Consolidated Statements of Operations
		Year Ended December 31,
		2014			2013			2012
	Total revenue	$	307,308		$	233,496		$	221,188
	Total expenses	(263,558		)	(214,086		)	(189,382		)
	Operating income	43,750			19,410			31,806
	Interest income	27			23			29
	Interest expense and amortization and write-offs of loan costs	(39,031		)	(34,982		)	(31,244		)
	Unrealized loss on derivatives	(111		)	(36		)	—
	Income tax expense	(1,097		)	(2,343		)	(4,384		)
	Net income (loss)	3,538			(17,928		)	(3,793		)
	Income from consolidated entities attributable to noncontrolling interests	(1,103		)	(934		)	(752		)
	Net income (loss) attributable to Ashford Prime OP	$	2,435		$	(18,862	)	$	(4,545	)
	Our equity in earnings (loss) of Ashford Prime OP	$	258		$	(4,012	)	$	—
		December 31,
		2014			2013
	Total assets	$	49,230		$	2,322
	Total liabilities	33,912			8,081
	Owner’s equity (deficit)	15,318			(5,759		)
	Total liabilities and owners’ equity (deficit)	$	49,230		$	2,322
	Our ownership interest in Ashford Inc.	$	7,099		$	—
	Ashford Inc.
	Condensed Combined Consolidated and Combined Statements of Operations
		Year Ended December 31,
		2014			2013			2012
	Total revenue	$	17,288		$	960		$	—
	Total expenses	(63,586		)	(48,672		)	(38,182		)
	Operating loss	(46,298		)	(47,712		)	(38,182		)
	Income tax expense	(783		)	(7		)	—
	Net loss	(47,081		)	(47,719		)	(38,182		)
	Loss from consolidated entities attributable to noncontrolling interests	647			—			—
	Net loss attributable to redeemable noncontrolling interests in Ashford LLC	24			—			—
	Net loss attributable to Ashford Inc.	$	(46,410	)	$	(47,719	)	$	(38,182	)
	Our equity in loss of Ashford Inc.	$	(3,245	)	$	—		$	—
	PIM Highland JV
	Condensed Consolidated Statements of Operations
		Year Ended December 31,
		2014			2013			2012
	Total revenue	$	466,703		$	426,760		$	416,892
	Total expenses	(391,779		)	(385,133		)	(377,453		)
	Operating income	74,924			41,627			39,439
	Interest income and other	53			69			102
	Interest expense, amortization and write-offs of deferred loan costs, discounts and premiums and exit fees	(59,456		)	(64,316		)	(63,497		)
	Other expenses	(44		)	—			(72		)
	Income tax expense	(4,294		)	(1,345		)	(2,353		)
	Net income (loss)	$	11,183		$	(23,965	)	$	(26,381	)
	Our equity in earnings (loss) of PIM Highland JV	$	5,482		$	(19,392	)	$	(20,833	)

Assets_Held_for_Sale_and_Disco1

Assets Held for Sale and Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Fair value aggregated by the level in the fair value hierarchy within which measurements fall on a non-recurring basis and related impairment charges	The following table presents our hotel properties measured at fair value aggregated by the level in the fair value hierarchy within which measurements fall on a non-recurring basis at December 31, 2014, 2013 and 2012, and related impairment charges recorded (in thousands):
		Level 1			Level 2			Level 3		Total		Impairment
												Charges
	2012
	Hilton Tucson, AZ	—			—			—		—		$	4,120	(1)
	_________________________
	(1)	The impairment charge was taken in the quarter ended June 30, 2012, based on its estimated fair value of $19.7 million which we considered to be a level 3 fair value measure.
Operating results of discontinued operations	The following table summarizes the operating results of the discontinued operations (in thousands):
		Year Ended December 31,
		2014				2013			2012
	Hotel revenues	$	2,479			$	2,733		$	32,347
	Hotel operating expenses	(1,678		)		(1,791		)	(29,480		)
	Operating income	801				942			2,867
	Property taxes, insurance and other	(109		)		(130		)	(1,708		)
	Depreciation and amortization	(278		)		(306		)	(2,956		)
	Impairment charge	—				—			(4,120		)
	Gain (loss) on disposal/sales of properties	(49		)		—			4,486
	Interest expense and amortization of loan costs	(332		)		(604		)	(1,921		)
	Write-off of loan costs and exit fees	—				—			(119		)
	Income (loss) from discontinued operations before income taxes	33				(98		)	(3,471		)
	Income tax benefit	—				—			23
	Income (loss) from discontinued operations	33				(98		)	(3,448		)
	(Income) loss from discontinued operations attributable to redeemable noncontrolling interests in operating partnership	(4		)		12			419
	Income (loss) from discontinued operations attributable to the Company	$	29			$	(86	)	$	(3,029	)

Deferred_Costs_net_Tables

Deferred Costs, net (Tables)	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Deferred Costs, net	Deferred costs, net consist of the following (in thousands):
		December 31,
		2014			2013
	Deferred loan costs	$	22,131		$	27,049
	Deferred franchise fees	3,168			4,037
	Total costs	25,299			31,086
	Accumulated amortization	(12,711		)	(20,931		)
	Deferred costs, net	$	12,588		$	10,155

Indebtedness_Tables

Indebtedness (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Summary of indebtedness of continuing operations and the carrying values of related collateral	Indebtedness of our continuing operations and the carrying values of related collateral were as follows at December 31, 2014 and 2013 (in thousands):
						31-Dec-14				December 31, 2013
	Indebtedness		Collateral	Maturity	Interest Rate	Debt		Book		Debt		Book
						Balance		Value of		Balance		Value of
								Collateral				Collateral
	Mortgage loan (5)		5 hotels	Mar-14	LIBOR (1) + 4.50%	$	—	$	—	$	164,433	$	213,501
	Mortgage loan (7)		1 hotel	May-14	8.32%	—		—		5,075		8,994
	Senior credit facility (4)		Various	Sep-14	LIBOR (1) + 2.75% to 3.50%	—		—		—		—
	Mortgage loan (10)		5 hotels	Nov-15	Greater of 6.40% or LIBOR (1) + 6.15%	211,000		308,427		211,000		313,202
	Mortgage loan (8)		8 hotels	Dec-14	5.75%	—		—		102,348		82,314
	Mortgage loan (6) (8)		9 hotels	May-15	LIBOR (1) + 6.50%	—		—		135,000		193,016
	Mortgage loan		10 hotels	Jul-15	5.22%	145,278		177,769		148,991		170,897
	Mortgage loan (3)		1 hotel	Sep-15	LIBOR (1) + 4.90%	—		—		69,000		88,836
	Mortgage loan		8 hotels	Dec-15	5.70%	92,772		75,959		94,899		77,733
	Mortgage loan		5 hotels	Feb-16	5.53%	105,164		128,380		107,737		127,073
	Mortgage loan (8)		5 hotels	Feb-16	5.53%	—		—		89,347		96,248
	Mortgage loan		5 hotels	Feb-16	5.53%	75,546		100,203		77,394		102,629
	Mortgage loan (5)		5 hotels	Feb-16	LIBOR (1) + 4.75%	200,000		210,974		—		—
	Mortgage loan (2) (8)		7 hotels	Aug-16	LIBOR (1) + 4.35%	301,000		190,072		—		—
	Mortgage loan (2) (8)		5 hotels	Aug-16	LIBOR (1) + 4.38%	62,900		99,539		—		—
	Mortgage loan (2)		1 hotel	Aug-16	LIBOR (1) + 4.20%	37,500		48,926		—		—
	Mortgage loan		5 hotels	Apr-17	5.95%	111,869		123,891		113,343		125,913
	Mortgage loan		5 hotels	Apr-17	5.95%	100,552		116,132		101,878		113,256
	Mortgage loan		5 hotels	Apr-17	5.95%	153,002		155,234		155,019		155,429
	Mortgage loan		7 hotels	Apr-17	5.95%	122,384		146,209		123,997		142,980
	Mortgage loan (9)		1 hotel	Jul-19	LIBOR (1) + 3.75%	5,525		7,742		—		—
	Mortgage loan		1 hotel	Nov-20	6.26%	99,780		112,278		101,268		113,927
	Mortgage loan		1 hotel	Jan-24	5.49%	10,673		16,460		10,800		17,223
	Mortgage loan		1 hotel	Jan-24	5.49%	7,313		9,161		7,400		8,624
	Mortgage loan (7)		1 hotel	May-24	4.99%	6,845		8,525		—		—
	Mortgage loan (8)		3 hotels	Aug-24	5.20%	67,520		47,706		—		—
	Mortgage loan (8)		2 hotels	Aug-24	4.85%	12,500		9,698		—		—
	Mortgage loan (8)		3 hotels	Aug-24	4.90%	24,980		16,132		—		—
	Total					$	1,954,103	$	2,109,417	$	1,818,929	$	2,151,795
	____________________________________
	(1) LIBOR rates were 0.171% and 0.168% at December 31, 2014 and 2013, respectively.
	(2) This mortgage loan has three one-year extension options subject to satisfaction of certain conditions.
	(3) This mortgage loan was assumed by Ashford Prime in connection with the sale of the Pier House Resort.
	(4) The senior credit facility expired in September 2014 and was not extended.
	(5) On January 24, 2014, we refinanced our $164.4 million loan due March 2014 with a $200.0 million loan due February 2016, with three one-year extension options, subject to the satisfaction of certain conditions. The new loan provides for an interest rate of LIBOR + 4.75%, with a LIBOR floor of 0.20%.
	(6) This mortgage loan had three one-year extension options subject to satisfaction of certain conditions. The first one-year extension period began in May 2014.
	(7) On May 1, 2014, we refinanced our $5.1 million loan due May 2014 with a $6.9 million loan due May 2024, with no extension options. The new loan provides for a fixed interest rate of 4.99%.
	(8) On July 25, 2014, we refinanced our $135.0 million loan due May 2015, $102.3 million loan due December 2014, and $89.3 million loan due February 2016 with a $301.0 million loan due August 2016, a $62.9 million loan due August 2016, a $67.5 million loan due August 2024, a $12.5 million loan due August 2024 and a $25.0 million loan due August 2024.
	(9) This mortgage loan provides for an interest rate of LIBOR + 3.75% with a .25% LIBOR floor for the first 18 months and is fixed at 4.0% thereafter.
	(10) This mortgage loan had three one-year extension options subject to satisfaction of certain conditions. The first one-year extension period began in November 2014.
Summary of maturities of indebtedness of continuing operations	Maturities and scheduled amortizations of indebtedness of our continuing operations as of December 31, 2014 for each of the five following years are as follows (in thousands):
	2015	$	461,876
	2016	749,951
	2017	477,449
	2018	3,854
	2019	46,720
	Thereafter	214,253
	Total	$	1,954,103

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value on a recurring basis	The following table presents our assets and liabilities measured at fair value on a recurring basis aggregated by the level within which measurements fall in the fair value hierarchy (in thousands):
		Quoted Market Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Counter-party and Cash Collateral Netting (4)				Total
	December 31, 2014:
	Assets
	Derivative assets:
	Interest rate derivatives – non-hedge	$	—			$	182			$	—			$	—			$	182		(1)
	Equity put and call options	654				—				—				—				654			(2)
	Non-derivative assets:
	Equity securities	62,563				—				—				—				62,563			(2)
	Total	63,217				182				—				—				63,399
	Liabilities
	Derivative liabilities:
	Credit default swaps	—				379				—				(563		)		(184		)	(3)
	Short equity put options	(216		)		—				—				—				(216		)	(3)
	Short equity call options	(781		)		—				—				—				(781		)	(3)
	Non-derivative liabilities:
	Short equity securities	(17		)		—				—				—				(17		)	(3)
	Margin account balance	(5,003		)		—				—				—				(5,003		)	(3)
	Total	(6,017		)		379				—				(563		)		(6,201		)
	Net	$	57,200			$	561			$	—			$	(563	)		$	57,198
	December 31, 2013:
	Assets
	Derivative assets:
	Interest rate derivatives – non-hedge	$	—			$	19			$	—			$	—			$	19		(1)
	Equity put and call options	560				—				—				—				560			(2)
	Non-derivative assets:
	Equity securities	29,041				—				—				—				29,041			(2)
	Total	29,601				19				—				—				29,620
	Liabilities
	Derivative liabilities:
	Credit default swaps	—				995				—				(1,068		)		(73		)	(3)
	Short equity put options	(82		)		—				—				—				(82		)	(3)
	Short equity call options	(479		)		—				—				—				(479		)	(3)
	Non-derivative liabilities:
	Margin account balance	(3,130		)		—				—				—				(3,130		)	(3)
	Total	(3,691		)		995				—				(1,068		)		(3,764		)
	Net	$	25,910			$	1,014			$	—			$	(1,068	)		$	25,856
	_________________________
	(1)	Reported net as “Derivative assets, net” in the consolidated balance sheets.
	(2)	Reported as “Marketable securities” in the consolidated balance sheets.
	(3)	Reported as “Liabilities associated with marketable securities and other” in the consolidated balance sheets.
	(4)	Represents cash collateral posted by our counterparty.
Effect of fair value measured assets and liabilities on consolidated statements of operations	The following table summarizes the effect of fair value measured assets and liabilities on the consolidated statement of operations (in thousands):
																										Reclassified from
		Gain or (Loss)												Interest Savings or (Cost)												Accumulated OCI into Interest Expense
		Recognized in Income												Recognized in Income
		Year Ended December 31,												Year Ended December 31,												Year Ended December 31,
		2014				2013				2012				2014				2013				2012				2014		2013		2012
	Assets
	Derivative assets:
	Interest rate derivatives	$	(484	)		$	(10,778	)		$	(48,827	)		$	—			$	10,639			$	54,199			$	100	$	101	$	32
	Credit default swaps	—				—				(4,014		)		—				—				—				—		—		—
	Equity call options and other	(3,942		)		(1,388		)		(3,644		)		—				—				—				—		—		—
		(4,426		)		(12,166		)		(56,485		)		—				10,639				54,199				100		101		32
	Non-derivative assets:
	Equity and US treasury securities	7,932				5,779				3,341				—				—				—				—		—		—
	Total	3,506				(6,387		)		(53,144		)		—				10,639				54,199				100		101		32
	Liabilities
	Derivative liabilities:
	Interest rate derivatives	—				4,400				17,091				—				(4,424		)		(22,159		)		—		—		—
	Credit default swaps	(699		)		(2,025		)		—				—				—				—				—		—		—
	Short equity put options	1,111				(138		)		1,610				—				—				—				—		—		—
	Short equity call options	429				(274		)		393				—				—				—				—		—		—
	Total	841				1,963				19,094				—				(4,424		)		(22,159		)		—		—		—
	Non-derivative liabilities:
	Short equity securities	—				—				64				—				—				—				—		—		—
	Total	841				1,963				19,158				—				(4,424		)		(22,159		)		—		—		—
	Net	$	4,347			$	(4,424	)		$	(33,986	)		$	—			$	6,215			$	32,040			$	100	$	101	$	32
	Total combined
	Interest rate derivatives	$	(484	)		$	(6,378	)		$	(31,736	)		$	—			$	6,215			$	32,040			$	100	$	101	$	32
	Credit default swaps	(616		)		(1,937		)		(3,921		)		—				—				—				—		—		—
	Total derivatives	(1,100		)	(1)	(8,315		)	(1)	(35,657		)	(1)	—			(2)	6,215			(2)	32,040			(2)	100		101		32
	Unrealized gain (loss) on marketable securities	(332		)	(3)	5,115			(3)	2,502			(3)	—				—				—				—		—		—
	Realized loss on marketable securities	5,779			(2) (4)	(1,224		)	(2) (4)	(831		)	(2) (4)	—				—				—				—		—		—
	Net	$	4,347			$	(4,424	)		$	(33,986	)		$	—			$	6,215			$	32,040			$	100	$	101	$	32
	_________________________
	(1)	Reported as “Unrealized gain (loss) on derivatives” in the consolidated statements of operations.
	(2)	Included in “Other income” in the consolidated statements of operations.
	(3)	Reported as “Unrealized gain (loss) on marketable securities” in the consolidated statements of operations.
	(4)	Includes costs of $83, $88 and $93, respectively in 2014, 2013 and 2012 associated with credit default swaps.

Summary_of_Fair_Value_of_Finan1

Summary of Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2014
Investments, All Other Investments [Abstract]
Carrying amounts and estimated fair values of financial instruments measured at fair value on recurring basis	The carrying amounts and estimated fair values of financial instruments measured at fair value on a recurring basis were as follows (in thousands):
		31-Dec-14				31-Dec-13
		Carrying		Estimated		Carrying		Estimated
		Value		Fair Value		Value		Fair Value
	Financial assets:
	Marketable securities	$	63,217	$	63,217	$	29,601	$	29,601
	Derivative assets	182		182		19		19
	Liabilities associated with marketable securities and other	6,201		6,201		3,764		3,764
Carrying amounts and estimated fair values of financial instruments not measured at fair value	The carrying amounts and estimated fair values of financial instruments not measured at fair value were as follows (in thousands):
		31-Dec-14				31-Dec-13
		Carrying		Estimated		Carrying		Estimated
		Value		Fair Value		Value		Fair Value
	Financial assets not measured at fair value:
	Cash and cash equivalents	$	215,063	$	215,063	$	128,780	$	128,780
	Restricted cash	85,830		85,830		61,498		61,498
	Accounts receivable	22,399		22,399		21,791		21,791
	Notes receivable	3,553		3,049 to 3,370		3,384		2,800 to 3,094
	Due from affiliates	3,473		3,473		1,302		1,302
	Due from Ashford Prime OP, net	896		896		13,042		13,042
	Due from third-party hotel managers	12,241		12,241		33,728		33,728
	Financial liabilities not measured at fair value:
	Indebtedness of continuing operations	$	1,954,103	$1,905,801 to $2,106,413		$	1,818,929	$1,786,651 to $1,974,714
	Accounts payable and accrued expenses	71,118		71,118		70,683		70,683
	Dividends payable	21,889		21,889		20,735		20,735
	Due to Ashford Inc., net	8,202		8,202		—		—
	Due to related party, net	1,867		1,867		270		270
	Due to third-party hotel managers	1,640		1,640		958		958

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Future minimum rentals due under non-cancelable leases	Future minimum rentals due under non-cancelable leases are as follows for each of the years ending December 31, (in thousands):
	2015	$	871
	2016	747
	2017	633
	2018	549
	2019	531
	Thereafter	32,931
	Total	$	36,262

Redeemable_Noncontrolling_Inte1

Redeemable Noncontrolling Interests in Operating Partnership (Tables)	12 Months Ended
	Dec. 31, 2014
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]
Summary of the activity of the operating partnership units	A summary of the activity of the operating partnership units is as follow (in thousands):
		Year Ended December 31,
		2014		2013	2012
	Units outstanding at beginning of year	18,991		17,611	16,317
	Units issued	1,007		1,380	1,294
	Units redeemed for cash of $19 in 2014	(2	)	—	—
	Units converted to common shares	(160	)	—	—
	Units outstanding at end of year	19,836		18,991	17,611
	Units convertible/redeemable at end of year	17,068		15,918	14,305

Equity_Tables

Equity (Tables)	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Summary of dividends declared	A summary of dividends declared is as follows (in thousands):
		Year Ended December 31,
		2014		2013		2012
	Common stock related:
	Common shares	$	41,894	$	37,054	$	29,993
	Preferred stocks:
	Series A preferred stock	3,542		3,542		3,516
	Series D preferred stock	20,002		20,002		19,869
	Series E preferred stock	10,418		10,418		10,417
	Total dividends declared	$	75,856	$	71,016	$	63,795

Impairment_Charges_Tables

Impairment Charges (Tables)	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of changes in allowance for losses	The following table summarizes the changes in allowance for losses for the years ended December 31, 2014, 2013 and 2012 (in thousands):
		2014			2013			2012
	Balance at beginning of period	$	7,937		$	8,333		$	8,711
	Impairment charges	—			—			—
	Valuation adjustments (credits to impairment charges)	(415		)	(396		)	(378		)
	Charge-offs	—			—			—
	Balance at end of period	$	7,522		$	7,937		$	8,333

Stock_Based_Compensation_Table

Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of restricted stock activity	A summary of our restricted stock activity is as follows (shares in thousands):
		Year Ended December 31,
		2014				2013				2012
		Restricted Shares		Weighted Average Price at Grant		Restricted Shares		Weighted Average Price at Grant		Restricted Shares		Weighted Average Price at Grant
	Outstanding at beginning of year	418		$	10.55	487		$	9.15	900		$	6.14
	Restricted shares granted	423		11.04		198		11.87		204		8.87
	Restricted shares vested	(228	)	10.47		(266	)	8.97		(586	)	4.44
	Restricted shares forfeited	(18	)	11.07		(1	)	9.81		(31	)	9.13
	Outstanding at end of year	595		10.92		418		10.55		487		9.15

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Reconciles the income tax expense at statutory rates to the actual income tax expense	The following table reconciles the income tax expense at statutory rates to the actual income tax (expense) benefit recorded (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Income tax expense at federal statutory income tax rate of 35%	$	(6,041	)	$	(7,907	)	$	(11,508	)
	State income tax expense, net of federal income tax benefit	(528		)	(469		)	(2,710		)
	Permanent differences	(558		)	(761		)	(607		)
	State and local income tax (expense) benefit on pass-through entity subsidiaries	(19		)	(34		)	10
	Gross receipts and margin taxes	(700		)	(631		)	(749		)
	Interest and penalties	(10		)	(20		)	(18		)
	Valuation allowance	6,590			8,311			13,207
	Income tax expense for income from continuing operations	(1,266		)	(1,511		)	(2,375		)
	Income tax benefit for income from discontinued operations	—			—			23
	Income tax expense for gain on sale of hotel property	(12		)	—			—
	Total income tax expense	$	(1,278	)	$	(1,511	)	$	(2,352	)
Components of income tax benefit (expense) from continuing operations	The components of income tax (expense) benefit from continuing operations are as follows (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Current:
	Federal	$	(416	)	$	(919	)	$	(1,537	)
	State	(721		)	(684		)	(757		)
	Total current	(1,137		)	(1,603		)	(2,294		)
	Deferred:
	Federal	—			157			7
	State	(129		)	(65		)	(88		)
	Total deferred	(129		)	92			(81		)
	Total income tax expense	$	(1,266	)	$	(1,511	)	$	(2,375	)
Deferred tax asset (liability) and related valuation allowance	At December 31, 2014 and 2013, our deferred tax asset (liability) and related valuation allowance consisted of the following (in thousands):
		December 31,
		2014			2013
	Allowance for doubtful accounts	$	94		$	94
	Unearned income	317			344
	Unfavorable management contract liability	2,088			2,838
	Federal and state net operating losses	25,046			31,360
	Accrued expenses	1,310			1,350
	Prepaid expenses	(4,046		)	(4,391		)
	Alternative minimum tax credit	1,347			972
	Tax property basis less than book basis	(2,031		)	(2,175		)
	Tax derivatives basis greater than book basis	3,042			2,787
	Deferred gain	1,757			1,685
	Other	411			282
	Deferred tax asset	29,335			35,146
	Valuation allowance	(29,335		)	(35,146		)
	Net deferred tax asset	$	—		$	—
Summarizes the changes in the valuation allowance	The following table summarizes the changes in the valuation allowance (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Balance at beginning of year	$	35,146		$	45,398		$	58,081
	Additions charged to other	1,855			4,315			4,481
	Deductions	(7,666		)	(14,567		)	(17,164		)
	Balance at end of year	$	29,335		$	35,146		$	45,398

Loss_Per_Share_Tables

Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Summary of amounts used in calculating basic and diluted earnings (loss) per share	The following table reconciles the amounts used in calculating basic and diluted loss per share (in thousands, except per share amounts):
		Year Ended December 31,
		2014			2013			2012
	Loss attributable to common stockholders – Basic and diluted:
	Income (loss) from continuing operations attributable to the Company	$	(31,430	)	$	(41,197	)	$	(50,751	)
	Less: Dividends on preferred stocks	(33,962		)	(33,962		)	(33,802		)
	Less: Dividends on common stock	(41,592		)	(36,841		)	(29,724		)
	Less: Dividends on unvested restricted shares	(302		)	(213		)	(269		)
	Undistributed loss from continuing operations allocated to common stockholders	(107,286		)	(112,213		)	(114,546		)
	Add back: Dividends on common stock	41,592			36,841			29,724
	Distributed and undistributed loss from continuing operations - basic and diluted	$	(65,694	)	$	(75,372	)	$	(84,822	)
	Income (loss) from discontinued operations allocated to common stockholders:
	Income (loss) from discontinued operations attributable to the Company	$	29		$	(86	)	$	(3,029	)
	Weighted average common shares outstanding:
	Weighted average common shares outstanding - basic and diluted	87,622			75,155			67,533
	Loss per share – basic and diluted:
	Loss from continuing operations allocated to common stockholders per share	$	(0.75	)	$	(1.00	)	$	(1.26	)
	Loss from discontinued operations allocated to common stockholders per share	—			—			(0.04		)
	Net loss allocated to common stockholders per share	$	(0.75	)	$	(1.00	)	$	(1.30	)
Summary of computation of diluted income per share	Due to their anti-dilutive effect, the computation of diluted loss per share does not reflect the adjustments for the following items (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Loss from continuing operations allocated to common stockholders is not adjusted for:
	Income allocated to unvested restricted shares	$	302		$	213		$	269
	Loss attributable to redeemable noncontrolling interests in operating partnership	(6,404		)	(8,171		)	(8,877		)
	Total	$	(6,102	)	$	(7,958	)	$	(8,608	)
	Weighted average diluted shares are not adjusted for:
	Effect of unvested restricted shares	174			128			195
	Effect of assumed conversion of operating partnership units	19,447			18,699			17,353
	Total	19,621			18,827			17,548

Related_Party_Transactions_Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Summary of fees related to the management agreements with related parties	At December 31, 2014, the related party managed 55 of our 87 hotels and the WorldQuest condominium properties included in continuing operations and we incurred the following fees (including discontinued operations) related to the management agreements with the related party (in thousands):
		Year Ended December 31,
		2014		2013		2012
	Property management fees, including incentive property management fees	$	17,800	$	14,299	$	13,947
	Market service fees	13,494		9,439		7,624
	Corporate general and administrative and fixed asset reimbursements	7,689		4,299		4,075
	Total	$	38,983	$	28,037	$	25,646

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Summary of the quarterly results of operations	The following is a summary of the quarterly results of operations for the years ended December 31, 2014 and 2013 (in thousands, except per share data):
		First			Second			Third			Fourth			Full
		Quarter			Quarter			Quarter			Quarter			Year
	2014
	Total revenue	$	194,861		$	208,163		$	201,457		$	190,368		$	794,849
	Total operating expenses	168,468			190,698			182,189			176,802			718,157
	Operating income	26,393			17,465			19,268			13,566			76,692
	Loss from continuing operations	(6,787		)	(2,375		)	(16,266		)	(16,303		)	(41,731		)
	Loss from continuing operations attributable to the Company	(2,391		)	(1,605		)	(13,550		)	(13,884		)	(31,430		)
	Loss from continuing operations attributable to common stockholders	(10,881		)	(10,096		)	(22,040		)	(22,375		)	(65,392		)
	Diluted loss from continuing operations attributable to common stockholders per share	$	(0.13	)	$	(0.11	)	$	(0.24	)	$	(0.25	)	$	(0.75	)
	Weighted average diluted common shares	81,690			88,781			90,322			89,589			87,622
	2013
	Total revenue	$	231,287		$	257,772		$	241,323		$	209,145		$	939,527
	Total operating expenses	206,101			216,444			213,277			186,808			822,630
	Operating income	25,186			41,328			28,046			22,337			116,897
	Income (loss) from continuing operations	(18,097		)	7,548			(19,386		)	(18,525		)	(48,460		)
	Income (loss) from continuing operations attributable to the Company	(14,636		)	7,062			(16,321		)	(17,302		)	(41,197		)
	Income (loss) from continuing operations attributable to common stockholders	(23,126		)	(1,429		)	(24,811		)	(25,793		)	(75,159		)
	Diluted income (loss) from continuing operations attributable to common stockholders per share	$	(0.34	)	$	(0.02	)	$	(0.31	)	$	(0.32	)	$	(1.00	)
	Weighted average diluted common shares	67,682			68,489			79,898			81,383			75,155

Pro_Forma_Financial_Informatio1

Pro Forma Financial Information (Tables)	12 Months Ended
	Dec. 31, 2014
Business Acquisition, Pro Forma Information [Abstract]
Schedule of pro forma results of operations	The following table reflects the unaudited pro forma results of operations as if the aforementioned transactions had occurred on January 1, 2012, (in thousands):
		Year Ended December 31,
		2014			2013			2012
		(unaudited)
	Total revenue	$	834,207		$	981,688		$	951,783
	Loss from continuing operations	$	(36,707	)	$	(50,496	)	$	(64,010	)
	Net loss	$	(33,183	)	$	(50,594	)	$	(67,458	)

Organization_and_Description_o1

Organization and Description of Business (Details) (USD $)	0 Months Ended		1 Months Ended	0 Months Ended
Share data in Thousands, unless otherwise specified	Apr. 11, 2007	Nov. 12, 2014	Mar. 31, 2011	Jun. 17, 2013	Dec. 31, 2014	Dec. 31, 2013
	hotel		hotel	hotel	room
				room
Real Estate Properties [Line Items]
Number of hotels in portfolio acquired (in hotels)	51
Number of rooms owned, gross (in rooms)					17,205
Number of rooms owned excluding those attributable joint ventures (in rooms)					17,178
Investment in unconsolidated entities					$206,790,000	$195,545,000
Carrying value of note					3,553,000	3,384,000
Ashford Inc. [Member]
Real Estate Properties [Line Items]
Special distribution, conversion ratio, shares		87
Special distribution, conversion ratio, units		55
Shares in investment held (in shares)		598
Special distribution, maximum percentage of shares available for conversion		99.00%
Term of advisory agreement		20 years
Ownership percentage		30.10%
Fair value of ownership interest		56,200,000
Wholly Owned Properties [Member]
Real Estate Properties [Line Items]
Number of hotel properties					85
Majority Owned Properties [Member]
Real Estate Properties [Line Items]
Number of hotel properties					2
PIM Highland JV [Member]
Real Estate Properties [Line Items]
Number of hotels in portfolio acquired (in hotels)			28
Ownership percentage					71.74%
Investment in unconsolidated entities					144,784,000	139,302,000
Preferred ownership percentage					50.00%
Number of hotel properties held by majority owned joint venture					28
Number of rooms through preferred equity interest in joint ventures, gross (in rooms)					8,084
Number of rooms through preferred equity interest in joint ventures, net (in rooms)					5,799
Number of hotel properties managed by affiliates					21
Ashford Prime OP [Member]
Real Estate Properties [Line Items]
Number of hotels in portfolio acquired (in hotels)				8
Number of rooms owned, gross (in rooms)				3,146
Number of rooms owned excluding those attributable joint ventures (in rooms)				2,912
Ownership percentage				80.00%	14.90%
Investment in unconsolidated entities					54,907,000	56,243,000
Number of hotel properties held by majority owned joint venture					10
Number of hotel properties managed by affiliates					1
Subsidiaries [Member]
Real Estate Properties [Line Items]
Number of hotel properties					87
Number of hotel properties managed by affiliates					55
World Quest Resort [Member]
Real Estate Properties [Line Items]
Number of units in real estate property					86
Ashford Inc. [Member]
Real Estate Properties [Line Items]
Investment in unconsolidated entities					$7,099,000	$0

Significant_Accounting_Policie2

Significant Accounting Policies (Details) (USD $)

0 Months Ended

12 Months Ended

0 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

Share data in Thousands, unless otherwise specified

Apr. 11, 2007

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Nov. 12, 2014

Mar. 31, 2011

Dec. 31, 2013

Jun. 17, 2013

31-May-13

Dec. 31, 2012

Sep. 30, 2012

Nov. 19, 2013

hotel

hotel

hotel

person

hotel

hotel

person

joint_venture

hotel

floor

Real Estate Properties [Line Items]

Number of hotel properties stated at historical cost

4

Impairment charges recorded for a hotel property included in the continuing operations

$0

$0

$0

Impairment charges

-415,000

-396,000

-5,349,000

Impairment charges of Joint venture

0

0

0

Number of persons in a executive committee

4

Investment in unconsolidated entities

206,790,000

195,545,000

195,545,000

Amortization expense related to intangibles

0

79,000

89,000

Number of interest rate floors combined in interest rate flooridor

2

Derivative hedge ineffectiveness

0

0

0

Period for settlement due to and from affiliates maximum

1 year

Unfavorable management contract liabilities

5,330,000

7,306,000

7,306,000

Noncontrolling interest in joint venture

15.00%

25.00%

Number of joint venture

2

Number of hotel properties held by joint ventures

2

4

Number of hotels in portfolio acquired (in hotels)

51

Quarterly base advisory service fee

0.70%

Advertising expense

3,300,000

4,100,000

4,000,000

Minimum [Member]

Real Estate Properties [Line Items]

Noncontrolling interest in joint venture

15.00%

15.00%

Minimum [Member] | Building and Building Improvements [Member]

Real Estate Properties [Line Items]

Estimated useful life

7 years 6 months

Minimum [Member] | Furniture, fixtures and equipment [Member]

Real Estate Properties [Line Items]

Estimated useful life

3 years

Maximum [Member]

Real Estate Properties [Line Items]

Noncontrolling interest in joint venture

25.00%

25.00%

Maximum [Member] | Building and Building Improvements [Member]

Real Estate Properties [Line Items]

Estimated useful life

39 years

Maximum [Member] | Furniture, fixtures and equipment [Member]

Real Estate Properties [Line Items]

Estimated useful life

5 years

Hotels in Discontinued Operations [Member]

Real Estate Properties [Line Items]

Impairment charge

0

0

4,120,000

Notes Receivable [Member]

Real Estate Properties [Line Items]

Interest income recorded

0

0

0

Impairment charges

0

0

0

Restricted Cash [Member]

Real Estate Properties [Line Items]

Escrow reserve as percentage of revenue, Minimum

4.00%

Escrow reserve as percentage of revenue, Maximum

6.00%

Ashford Inc. [Member]

Real Estate Properties [Line Items]

Ownership percentage

30.10%

Special distribution, conversion ratio, shares

87

Special distribution, maximum percentage of shares available for conversion

99.00%

Special distribution, conversion ratio, units

55

Shares in investment held (in shares)

598

Term of advisory agreement

20 years

Spin-off of an 8-Hotel Portfolio [Member]

Real Estate Properties [Line Items]

Noncontrolling interest in joint venture

25.00%

Number of joint venture

1

Number of hotel properties held by joint ventures

2

PIM Highland JV [Member]

Real Estate Properties [Line Items]

Ownership percentage

71.74%

Number of persons in a executive committee

4

Number of persons designated to executive committee by joint venture partner

2

2

Number of persons designated to executive committee by Ashford

2

Investment in unconsolidated entities

144,784,000

139,302,000

139,302,000

Number of hotels in portfolio acquired (in hotels)

28

Parent Company [Member]

Real Estate Properties [Line Items]

Ownership percentage

15.00%

20.00%

Ashford Prime OP [Member]

Real Estate Properties [Line Items]

Ownership percentage

14.90%

80.00%

Investment in unconsolidated entities

54,907,000

56,243,000

56,243,000

Unfavorable management contract liabilities

493,000

Number of hotels in portfolio acquired (in hotels)

8

Ashford Inc. [Member]

Real Estate Properties [Line Items]

Investment in unconsolidated entities

7,099,000

0

0

Marriott International [Member]

Real Estate Properties [Line Items]

Number of hotel properties managed by third party (in hotels)

26

40

8

Number of weeks of operations

112 days

84 days

Marriott International [Member] | Spin-off of an 8-Hotel Portfolio [Member]

Real Estate Properties [Line Items]

Number of hotel properties managed by third party (in hotels)

6

Unconsolidated Properties [Member] | Minimum [Member]

Real Estate Properties [Line Items]

Ownership percentage

14.40%

Unconsolidated Properties [Member] | Maximum [Member]

Real Estate Properties [Line Items]

Ownership percentage

71.74%

CNL Portfolio [Member]

Real Estate Properties [Line Items]

Unfavorable contract liabilities related to management agreement

$23,400,000

Investment_in_Hotel_Properties2

Investment in Hotel Properties (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investment in hotel properties, net
Land	$358,514	$410,148
Buildings and improvements	2,125,656	2,071,811
Furniture, fixtures and equipment	211,777	166,193
Construction in progress	11,704	11,956
Condominium properties	12,065	12,442
Total cost	2,719,716	2,672,550
Accumulated depreciation	-591,105	-508,161
Investment in hotel properties, net	$2,128,611	$2,164,389

Investment_in_Hotel_Properties3

Investment in Hotel Properties (Narrative) (Details) (USD $)	12 Months Ended			0 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jul. 18, 2014	Jul. 31, 2014	Aug. 06, 2014	14-May-13
Significant Acquisitions and Disposals [Line Items]
Cost of land and depreciable property, net of accumulated depreciation, for federal income tax purposes	$1,900,000,000	$2,000,000,000
Depreciation expense, including depreciation of assets under capital leases and discontinued hotel properties	110,600,000	127,500,000	136,000,000
Transaction acquisition costs	625,000	1,324,000	0
The Ashton Hotel [Member]
Significant Acquisitions and Disposals [Line Items]
Percent of voting interests acquired				100.00%
Consideration transfered				8,000,000
Revenues included in statement of operations	1,300,000
Net income included in statement of operations	31,000
Transaction acquisition costs				212,000
The Ashton Hotel [Member] | Level 3
Significant Acquisitions and Disposals [Line Items]
Working capital balance				66,000
The Ashton Hotel [Member] | Mortgages [Member]
Significant Acquisitions and Disposals [Line Items]
Face amount of debt				5,500,000	5,500,000
Interest rate					4.00%
Number of extension options					0
The Ashton Hotel [Member] | Mortgages [Member] | LIBOR
Significant Acquisitions and Disposals [Line Items]
Basis spread on variable rate					3.75%
LIBOR floor percentage					0.25%
Fremont Marriott Silicon Valley [Member]
Significant Acquisitions and Disposals [Line Items]
Percent of voting interests acquired						100.00%
Consideration transfered						50,000,000
Revenues included in statement of operations	8,100,000
Net income included in statement of operations	25,000
Transaction acquisition costs						393,000
Fremont Marriott Silicon Valley [Member] | Level 3
Significant Acquisitions and Disposals [Line Items]
Working capital balance						261,000
Fremont Marriott Silicon Valley [Member] | Mortgages [Member]
Significant Acquisitions and Disposals [Line Items]
Face amount of debt						37,500,000
Number of extension options						3
Term of mortgage loan extension option						1 year
Fremont Marriott Silicon Valley [Member] | Mortgages [Member] | LIBOR
Significant Acquisitions and Disposals [Line Items]
Basis spread on variable rate						4.20%
Pier House Resort [Member]
Significant Acquisitions and Disposals [Line Items]
Percent of voting interests acquired							100.00%
Consideration transfered							90,000,000
Revenues included in statement of operations		11,500,000
Net income included in statement of operations		2,700,000
Transaction acquisition costs							$901,000

Investment_in_Hotel_Properties4

Investment in Hotel Properties (Estimated Fair Value of Assets Acquired and Liabilities Assumed) (Details) (USD $)	Jul. 18, 2014	Aug. 06, 2014	14-May-13
In Thousands, unless otherwise specified
The Ashton Hotel [Member]
Significant Acquisitions and Disposals [Line Items]
Land	$800
Buildings and improvements	6,687
Furniture, fixtures, and equipment	500
Property, plant and equipment	7,987
Fremont Marriott Silicon Valley [Member]
Significant Acquisitions and Disposals [Line Items]
Land		5,800
Buildings and improvements		41,100
Furniture, fixtures, and equipment		3,100
Property, plant and equipment		50,000
Pier House Resort [Member]
Significant Acquisitions and Disposals [Line Items]
Land			56,900
Buildings and improvements			26,925
Furniture, fixtures, and equipment			6,100
Property, plant and equipment			89,925
Net other assets and liabilities			-1,691
Total			$88,234

Notes_Receivable_Details

Notes Receivable (Details) (USD $)	12 Months Ended		1 Months Ended
	Dec. 31, 2010	Dec. 31, 2008	Jun. 30, 2009	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	31-May-10
			hotel
Mortgage Loans on Real Estate [Line Items]
Carrying value of note				$3,553,000	$3,384,000
Allowance for doubtful notes receivable				7,522,000	7,937,000	8,333,000	8,711,000
Mezzanine Loan [Member]
Mortgage Loans on Real Estate [Line Items]
Note receivable restructured				38,000,000
Initial investment				33,000,000
Cash payments	20,200,000
Face value of note	4,000,000
Interest rate	6.09%
Carrying value of note				3,600,000	3,400,000
Allowance for doubtful notes receivable				7,522,000	7,937,000
Junior Participation Note Receivable [Member]
Mortgage Loans on Real Estate [Line Items]
Face value of note		18,200,000
Senior mortgage interest rate converted								14.40%
Extended Stay Mezzanine Loan [Member]
Mortgage Loans on Real Estate [Line Items]
Face value of note			164,000,000
Carrying value of note			109,400,000
Number of hotel properties in portfolio as security for loan receivable (in hotels)			681
Mezzanine loan purchased			98,400,000
Discount amortized			11,400,000
Valuation adjustments of impaired notes			109,400,000
Valuation allowance of note						$5,000,000

Investment_in_Unconsolidated_E2

Investment in Unconsolidated Entities (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Real Estate Properties [Line Items]
Total assets	$2,781,080	$2,677,002
Total liabilities	2,071,583	1,923,959
Total liabilities and equity	2,781,080	2,677,002
Our ownership interest	206,790	195,545
PIM Highland JV [Member]
Real Estate Properties [Line Items]
Total assets	1,394,806	1,390,782
Total liabilities	1,166,682	1,173,841
Members’ capital / Partners' capital	228,124	216,941
Total liabilities and equity	1,394,806	1,390,782
Our ownership interest	144,784	139,302
Ashford Inc. [Member]
Real Estate Properties [Line Items]
Total assets	49,230	2,322
Total liabilities	33,912	8,081
Members’ capital / Partners' capital	15,318	-5,759
Total liabilities and equity	49,230	2,322
Our ownership interest	7,099	0
Ashford Prime OP [Member]
Real Estate Properties [Line Items]
Total assets	1,229,508	962,407
Total liabilities	805,510	659,280
Members’ capital / Partners' capital	423,998	303,127
Total liabilities and equity	1,229,508	962,407
Our ownership interest	$54,907	$56,243

Investment_in_Unconsolidated_E3

Investment in Unconsolidated Entities (Details 1) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate Properties [Line Items]
Total revenue	$190,368	$201,457	$208,163	$194,861	$209,145	$241,323	$257,772	$231,287	$794,849	$939,527	$919,657
Total expenses	-176,802	-182,189	-190,698	-168,468	-186,808	-213,277	-216,444	-206,101	-718,157	-822,630	-805,542
Operating income	13,566	19,268	17,465	26,393	22,337	28,046	41,328	25,186	76,692	116,897	114,115
Unrealized loss on derivatives									-1,100	-8,315	-35,657
Income tax expense									-1,266	-1,511	-2,375
Net loss									-38,207	-48,558	-62,208
Net loss attributable to redeemable noncontrolling interests in operating partnership									6,400	8,183	9,296
Net loss attributable to the Company									-31,401	-41,283	-53,780
Our equity in earnings (loss) of equity method investments									2,495	-23,404	-20,833
PIM Highland JV [Member]
Real Estate Properties [Line Items]
Total revenue									466,703	426,760	416,892
Total expenses									-391,779	-385,133	-377,453
Operating income									74,924	41,627	39,439
Interest income and other									53	69	102
Interest expense, amortization and write-offs of deferred loan costs, discounts and premiums and exit fees									-59,456	-64,316	-63,497
Other expenses									-44	0	-72
Income tax expense									-4,294	-1,345	-2,353
Net loss									11,183	-23,965	-26,381
Our equity in earnings (loss) of equity method investments									5,482	-19,392	-20,833
Ashford Prime OP [Member]
Real Estate Properties [Line Items]
Total revenue									307,308	233,496	221,188
Total expenses									-263,558	-214,086	-189,382
Operating income									43,750	19,410	31,806
Interest income									27	23	29
Interest expense, amortization and write-offs of deferred loan costs, discounts and premiums and exit fees									-39,031	-34,982	-31,244
Unrealized loss on derivatives									-111	-36	0
Income tax expense									-1,097	-2,343	-4,384
Net loss									3,538	-17,928	-3,793
Income (loss) from consolidated entities attributable to noncontrolling interests									-1,103	-934	-752
Net loss attributable to the Company									2,435	-18,862	-4,545
Our equity in earnings (loss) of equity method investments									258	-4,012	0
Ashford Inc. [Member]
Real Estate Properties [Line Items]
Total revenue									17,288	960	0
Total expenses									-63,586	-48,672	-38,182
Operating income									-46,298	-47,712	-38,182
Income tax expense									-783	-7	0
Net loss									-47,081	-47,719	-38,182
Income (loss) from consolidated entities attributable to noncontrolling interests									647	0	0
Net loss attributable to redeemable noncontrolling interests in operating partnership									24	0	0
Net loss attributable to the Company									-46,410	-47,719	-38,182
Our equity in earnings (loss) of equity method investments									($3,245)	$0	$0

Investment_in_Unconsolidated_E4

Investment in Unconsolidated Entities (Narrative) (Details) (USD $)	0 Months Ended	12 Months Ended			0 Months Ended	1 Months Ended		0 Months Ended
	Apr. 11, 2007	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 17, 2013	Mar. 31, 2011	Dec. 31, 2013	Nov. 12, 2014	Dec. 14, 2014	Dec. 13, 2014	Nov. 08, 2014
	hotel	person			hotel	person
		room			room	hotel
Real Estate Properties [Line Items]
Number of hotels in portfolio acquired (in hotels)	51
Number of members of executive committee		4
Investment in unconsolidated entities		$206,790,000	$195,545,000				195,545,000
Equity in earnings (loss) of unconsolidated entities		2,495,000	-23,404,000	-20,833,000
Number of rooms owned, gross (in rooms)		17,205
Number of rooms owned excluding those attributable joint ventures (in rooms)		17,178
Spin-off of an 8-Hotel Portfolio [Member]
Real Estate Properties [Line Items]
Number of hotels in portfolio acquired (in hotels)					8
Ownership percentage					80.00%
Number of rooms owned, gross (in rooms)					3,146
Number of rooms owned excluding those attributable joint ventures (in rooms)					2,912
Four Seasons Hotel Nevis [Member]
Real Estate Properties [Line Items]
Subordinated beneficial interest in trust percentage		14.40%	14.40%				14.40%
Carrying value of subordinated beneficial interest in a trust		0	0				0
PIM Highland JV [Member]
Real Estate Properties [Line Items]
Ownership interest										71.74%
Percent of voting interests acquired										28.26%
Ownership interest after transaction									100.00%
PIM Highland JV [Member]
Real Estate Properties [Line Items]
Preferred equity interest earning accrued						25,000,000
Unpaid annual return with priority over common equity distributions						15.00%
Number of hotels in portfolio acquired (in hotels)						28
Number of members of executive committee						4
Number of persons designated to executive committee by joint venture partner		2				2
Investment in unconsolidated entities		144,784,000	139,302,000				139,302,000
Equity in earnings (loss) of unconsolidated entities		5,482,000	-19,392,000	-20,833,000
Ownership percentage		71.74%
Parent Company [Member]
Real Estate Properties [Line Items]
Number of Shares of Parent Company Common Stock for Every One Share of Common Stock of Subsidiary											5
Ownership percentage		15.00%					20.00%
Ashford Prime OP [Member]
Real Estate Properties [Line Items]
Number of hotels in portfolio acquired (in hotels)					8
Investment in unconsolidated entities		54,907,000	56,243,000				56,243,000
Equity in earnings (loss) of unconsolidated entities		$258,000	($4,012,000)	$0
Ownership percentage		14.90%			80.00%
Number of rooms owned, gross (in rooms)					3,146
Number of rooms owned excluding those attributable joint ventures (in rooms)					2,912
Number of Shares of Subsidiary Received for Every Five Shares of Parent Common Stock											1
Ashford Inc. [Member]
Real Estate Properties [Line Items]
Ownership percentage								30.10%
Special distribution, conversion ratio, shares								87
Special distribution, maximum percentage of shares available for conversion								99.00%
Special distribution, conversion ratio, units								55
Shares in investment held (in shares)								598,000
Term of advisory agreement								20 years

Assets_Held_for_Sale_and_Disco2

Assets Held for Sale and Discontinued Operations (Narrative) (Details) (USD $)	1 Months Ended	12 Months Ended	1 Months Ended
	Dec. 31, 2010	Dec. 31, 2012	Nov. 30, 2012
Hilton Hotel Tucson Arizona [Member]
Real Estate Properties [Line Items]
Impairment charge	$39,900,000	$4,120,000
Columbus Oh Doubletree Guest Suites [Member]
Real Estate Properties [Line Items]
Proceeds from sale of hotel, net			$7,700,000

Assets_Held_for_Sale_and_Disco3

Assets Held for Sale and Discontinued Operations (Details) (Hilton Hotel Tucson Arizona [Member], USD $)	1 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2010	Dec. 31, 2012	Jun. 30, 2012
Long Lived Assets Held-for-sale [Line Items]
Asset fair value		$0
Impairment charge	39,900	4,120
Level 1
Long Lived Assets Held-for-sale [Line Items]
Asset fair value		0
Level 2
Long Lived Assets Held-for-sale [Line Items]
Asset fair value		0
Level 3
Long Lived Assets Held-for-sale [Line Items]
Asset fair value		$0	$19,700

Assets_Held_for_Sale_and_Disco4

Assets Held for Sale and Discontinued Operations (Operating Results of Discontinued Operations) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate Properties [Line Items]
Income (loss) from discontinued operations before income taxes	$0	$0	$23
Income tax benefit	33	-98	-3,448
Income (loss) from discontinued operations attributable to the Company	29	-86	-3,029
Hotels in Discontinued Operations [Member]
Real Estate Properties [Line Items]
Hotel revenues	2,479	2,733	32,347
Hotel operating expenses	-1,678	-1,791	-29,480
Operating income	801	942	2,867
Property taxes, insurance and other	-109	-130	-1,708
Depreciation and amortization	-278	-306	-2,956
Impairment charge	0	0	-4,120
Gain (loss) on disposal/sales of properties	-49	0	4,486
Interest expense and amortization of loan costs	-332	-604	-1,921
Write-off of loan costs and exit fees	0	0	-119
Income (loss) from discontinued operations before income taxes	33	-98	-3,471
Income (loss) from discontinued operations before income taxes	0	0	23
Income tax benefit	33	-98	-3,448
(Income) loss from discontinued operations attributable to redeemable noncontrolling interests in operating partnership	-4	12	419
Income (loss) from discontinued operations attributable to the Company	$29	($86)	($3,029)

Deferred_Costs_net_Details

Deferred Costs, net (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred loan costs	$22,131	$27,049
Deferred franchise fees	3,168	4,037
Total costs	25,299	31,086
Accumulated amortization	-12,711	-20,931
Deferred costs, net	$12,588	$10,155

Indebtedness_Details

Indebtedness (Details) (USD $)	12 Months Ended	0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 10, 2013	Jan. 24, 2014	Feb. 26, 2013	Dec. 31, 2013	Dec. 20, 2013	1-May-14
Indebtedness of continuing operations and the carrying values of related collateral
Indebtedness	1,954,103				$1,818,929
Book Value of Collateral	2,109,417				2,151,795
Mortgage loan 1 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Indebtedness	0				164,433
Book Value of Collateral	0				213,501
Mortgage loan 1 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	4.50%
Mortgage loan 2 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Interest rate	8.32%
Indebtedness	0				5,075
Book Value of Collateral	0				8,994
Senior credit facility 1 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Indebtedness	0				0
Book Value of Collateral	0				0
Senior credit facility 1 [Member] | LIBOR | Minimum [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	2.75%
Senior credit facility 1 [Member] | LIBOR | Maximum [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	3.50%
Mortgage loan 3 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Indebtedness	211,000				211,000
Book Value of Collateral	308,427				313,202
Mortgage loan 3 [Member] | Minimum [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Interest rate	6.40%
Mortgage loan 3 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	6.15%
Mortgage loan 4 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	8
Interest rate	5.75%
Indebtedness	0				102,348
Book Value of Collateral	0				82,314
Mortgage loan 5 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	9
Indebtedness	0				135,000
Book Value of Collateral	0				193,016
Mortgage loan 5 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	6.50%
Mortgage loan 6 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	10
Interest rate	5.22%
Indebtedness	145,278				148,991
Book Value of Collateral	177,769				170,897
Mortgage loan 7 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Indebtedness	0	69,000			69,000
Book Value of Collateral	0				88,836
Mortgage loan 7 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	4.90%	4.90%
Mortgage loan 8 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	8
Interest rate	5.70%
Indebtedness	92,772				94,899
Book Value of Collateral	75,959				77,733
Mortgage loan 9 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Interest rate	5.53%
Indebtedness	105,164				107,737
Book Value of Collateral	128,380				127,073
Mortgage loan 10 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Interest rate	5.53%
Indebtedness	0				89,347
Book Value of Collateral	0				96,248
Mortgage loan 11 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Interest rate	5.53%
Indebtedness	75,546				77,394
Book Value of Collateral	100,203				102,629
Mortgage loan 12 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Indebtedness	200,000				0
Book Value of Collateral	210,974				0
Mortgage loan 12 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	4.75%		4.75%
Mortgage loan 13 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	7
Indebtedness	301,000				0
Book Value of Collateral	190,072				0
Mortgage loan 13 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	4.35%
Mortgage loan 14 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Indebtedness	62,900				0
Book Value of Collateral	99,539				0
Mortgage loan 14 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	4.38%
Mortgage loan 15 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Indebtedness	37,500				0
Book Value of Collateral	48,926				0
Mortgage loan 15 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	4.20%
Mortgage loan 16 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Interest rate	5.95%
Indebtedness	111,869				113,343
Book Value of Collateral	123,891				125,913
Mortgage loan 17 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Interest rate	5.95%
Indebtedness	100,552				101,878
Book Value of Collateral	116,132				113,256
Mortgage loan 18 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	5
Interest rate	5.95%
Indebtedness	153,002				155,019
Book Value of Collateral	155,234				155,429
Mortgage loan 19 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	7
Interest rate	5.95%
Indebtedness	122,384				123,997
Book Value of Collateral	146,209				142,980
Mortgage loan 20 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Indebtedness	5,525				0
Book Value of Collateral	7,742				0
Mortgage loan 20 [Member] | LIBOR
Indebtedness of continuing operations and the carrying values of related collateral
Basis spread on variable rate	3.75%			3.50%
Mortgage Loan 21 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Interest rate	6.26%
Indebtedness	99,780				101,268
Book Value of Collateral	112,278				113,927
Mortgage Loan 22 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Interest rate	5.49%					5.49%
Indebtedness	10,673				10,800
Book Value of Collateral	16,460				17,223
Mortgage Loan 23 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Interest rate	5.49%
Indebtedness	7,313				7,400
Book Value of Collateral	9,161				8,624
Mortgage Loan 24 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	1
Interest rate	4.99%						4.99%
Indebtedness	6,845				0
Book Value of Collateral	8,525				0
Mortgage Loan 25 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	3
Interest rate	5.20%
Indebtedness	67,520				0
Book Value of Collateral	47,706				0
Mortgage Loan 26 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	2
Interest rate	4.85%
Indebtedness	12,500				0
Book Value of Collateral	9,698				0
Mortgage Loan 27 [Member]
Indebtedness of continuing operations and the carrying values of related collateral
Number of hotels collateralized by a loan	3
Interest rate	4.90%
Indebtedness	24,980				0
Book Value of Collateral	16,132				$0

Indebtedness_Details_1

Indebtedness (Details 1) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]
2015	$461,876
2016	749,951
2017	477,449
2018	3,854
2019	46,720
Thereafter	214,253
Total	$1,954,103	$1,818,929

Indebtedness_Details_Textual

Indebtedness (Details Textual) (USD $)	0 Months Ended		12 Months Ended	0 Months Ended
	Aug. 06, 2014	Jul. 31, 2014	Dec. 31, 2014	Feb. 26, 2013	Jan. 24, 2014	Sep. 10, 2013	Dec. 31, 2013	Dec. 20, 2013	Jul. 18, 2014	Jul. 25, 2014	1-May-14
			extension		extension	extension
Debt Instrument [Line Items]
LIBOR rate			0.17%				0.17%
Indebtedness			$1,954,103,000				$1,818,929,000
Parent Company [Member] | Residence Inn Manchester [Member]
Debt Instrument [Line Items]
Ownership percentage								85.00%
Parent Company [Member] | Capital Hilton and Hilton La Jolla Torrey Pines [Member]
Debt Instrument [Line Items]
Ownership percentage				75.00%
Interstate Hotels and Resorts [Member] | Residence Inn Manchester [Member]
Debt Instrument [Line Items]
Ownership percentage								15.00%
Hilton [Member] | Capital Hilton and Hilton La Jolla Torrey Pines [Member]
Debt Instrument [Line Items]
Ownership percentage				25.00%
Mortgages [Member] | Fremont Marriott Silicon Valley [Member]
Debt Instrument [Line Items]
Number of extension options	3
Term of mortgage loan extension option	1 year
Face amount of debt	37,500,000
Mortgages [Member] | The Ashton Hotel [Member]
Debt Instrument [Line Items]
Number of extension options		0
Face amount of debt		5,500,000							5,500,000
Interest rate		4.00%
Mortgages [Member] | LIBOR | Fremont Marriott Silicon Valley [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	4.20%
Mortgages [Member] | LIBOR | The Ashton Hotel [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		3.75%
LIBOR floor percentage		0.25%
Mortgage loan 13 [Member]
Debt Instrument [Line Items]
Number of extension options			3
Term of mortgage loan extension option			1 year
Face amount of debt										301,000,000
Indebtedness			301,000,000				0
Mortgage loan 13 [Member] | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			4.35%
Refinanced Mortgage Loans [Member]
Debt Instrument [Line Items]
Face amount of debt				141,700,000	164,400,000			6,500,000		468,900,000	5,100,000
Indebtedness				141,000,000
Proceeds from mortgage re-finance				40,500,000
Refinanced Mortgage Loan 1 [Member]
Debt Instrument [Line Items]
Face amount of debt										135,000,000
Refinanced Mortgage Loan 2 [Member]
Debt Instrument [Line Items]
Face amount of debt										102,300,000
Indebtedness										101,100,000
Refinanced Mortgage Loan 3 [Member]
Debt Instrument [Line Items]
Face amount of debt										89,300,000
Indebtedness										88,500,000
Mortgage loan 12 [Member]
Debt Instrument [Line Items]
Number of extension options					3
Term of mortgage loan extension option					1 year
Face amount of debt					200,000,000
Indebtedness			200,000,000				0
Mortgage loan 12 [Member] | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			4.75%		4.75%
LIBOR floor percentage					0.20%
Mortgage loan 5 [Member]
Debt Instrument [Line Items]
Number of extension options			3
Term of mortgage loan extension option			1 year
Indebtedness			0				135,000,000
Mortgage loan 5 [Member] | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			6.50%
Mortgage loan 14 [Member]
Debt Instrument [Line Items]
Face amount of debt										62,900,000
Indebtedness			62,900,000				0
Mortgage loan 14 [Member] | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			4.38%
Mortgage Loan 25 [Member]
Debt Instrument [Line Items]
Face amount of debt										67,500,000
Interest rate			5.20%
Indebtedness			67,520,000				0
Mortgage Loan 26 [Member]
Debt Instrument [Line Items]
Face amount of debt										12,500,000
Interest rate			4.85%
Indebtedness			12,500,000				0
Mortgage Loan 27 [Member]
Debt Instrument [Line Items]
Face amount of debt										25,000,000
Interest rate			4.90%
Indebtedness			24,980,000				0
Mortgage loan 3 [Member]
Debt Instrument [Line Items]
Number of extension options			3
Term of mortgage loan extension option			1 year
Indebtedness			211,000,000				211,000,000
Mortgage loan 3 [Member] | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			6.15%
Mortgage Loan 24 [Member]
Debt Instrument [Line Items]
Number of extension options											0
Face amount of debt											6,900,000
Interest rate			4.99%								4.99%
Indebtedness			6,845,000				0
Mortgage Loan 22 [Member]
Debt Instrument [Line Items]
Face amount of debt								10,800,000
Interest rate			5.49%					5.49%
Indebtedness			10,673,000				10,800,000
Mortgage Loan 23 [Member]
Debt Instrument [Line Items]
Face amount of debt								7,400,000
Interest rate			5.49%
Indebtedness			7,313,000				7,400,000
Mortgage loan 7 [Member]
Debt Instrument [Line Items]
Number of extension options						3
Number of extension options with no test requirement						2
Term of mortgage loan extension option						1 year
Indebtedness			0			69,000,000	69,000,000
Term of loan						2 years
Mortgage loan 7 [Member] | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			4.90%			4.90%
LIBOR floor percentage						0.00%
Mortgage loan 20 [Member]
Debt Instrument [Line Items]
Face amount of debt				199,900,000
Indebtedness			$5,525,000				$0
Mortgage loan 20 [Member] | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			3.75%	3.50%
LIBOR floor percentage				0.00%

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging (Details) (USD $)	12 Months Ended				1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Oct. 31, 2010	31-May-11	Aug. 31, 2011
Derivative Instruments, Gain (Loss) [Line Items]
LIBOR rate	0.17%	0.17%
Cost basis of interest rate derivatives for tax purposes	$610,000	$181,000
Unrealized gain (loss) on derivatives	-1,100,000	-8,315,000	-35,657,000
1.18 Billion Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative						1,180,000,000
Ownership percentage						71.74%
Derivative upfront cost						0
1.18 Billion Swap [Member] | LIBOR
Derivative Instruments, Gain (Loss) [Line Items]
Derivative variable rate						0.27%
Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative interest payments				302,000
New 1.8 Billion Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative					1,800,000,000
Fixed interest rate					4.09%
Interest savings					31,500,000
Fixed rate received					5.84%
Fixed rate paid					4.09%
Old 1.8 Billion Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fixed rate received					5.84%
LIBOR rate					1.25%
Old 1.8 Billion Swap [Member] | LIBOR
Derivative Instruments, Gain (Loss) [Line Items]
Variable rate of LIBOR					2.64%
Interest Rate Caps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	947,100,000	268,900,000	346,000,000
Cost of hedge	666,000	184,000	184,000
Lower fixed interest rate	1.50%
Higher fixed interest rate	6.25%
Interest rate derivative fair value of hedged item	812,400,000	280,000,000
Interest Rate Cap Transfered [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative		199,900,000
Two Interest Rate Caps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative			211,000,000
Credit Default Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative							100,000,000
Derivative upfront cost							8,200,000
Transaction cost							8,500,000
Change in market value of credit default swap							250,000
Unrealized gain (loss) on derivatives	-616,000	-1,937,000	-3,921,000
Investment Derivatives [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets	654,000	560,000
Derivative liabilities	997,000	561,000
Marketable Securities and Other [Member] | Credit Default Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of credit derivatives, net	($184,000)	($73,000)

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Fair Value Measurements Recurring [Member], USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Non-derivative assets:
Assets, fair value	$63,399	$29,620
Non-derivative liabilities
Liabilities, fair value	-6,201	-3,764
Assets and liabilities, fair value	57,198	25,856
Equity Securities [Member]
Non-derivative assets:
Non-derivative assets	62,563	29,041
Margin Account Balance [Member]
Non-derivative liabilities
Non-derivative liabilities	-5,003	-3,130
Short [Member] | Equity Securities [Member]
Non-derivative liabilities
Non-derivative liabilities	-17
Interest Rate Derivatives [Member] | Not Designated as Hedging Instrument [Member]
Derivative assets:
Derivative assets	182	19
Credit Default Swaps [Member]
Derivative liabilities:
Derivative liabilities	-184	-73
Equity Put and Call Options [Member]
Derivative assets:
Derivative assets	654	560
Put Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	-216	-82
Call Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	-781	-479
Quoted Market Prices (Level 1) [Member]
Non-derivative assets:
Assets, fair value	63,217	29,601
Non-derivative liabilities
Liabilities, fair value	-6,017	-3,691
Assets and liabilities, fair value	57,200	25,910
Quoted Market Prices (Level 1) [Member] | Equity Securities [Member]
Non-derivative assets:
Non-derivative assets	62,563	29,041
Quoted Market Prices (Level 1) [Member] | Margin Account Balance [Member]
Non-derivative liabilities
Non-derivative liabilities	-5,003	-3,130
Quoted Market Prices (Level 1) [Member] | Short [Member] | Equity Securities [Member]
Non-derivative liabilities
Non-derivative liabilities	-17
Quoted Market Prices (Level 1) [Member] | Interest Rate Derivatives [Member] | Not Designated as Hedging Instrument [Member]
Derivative assets:
Derivative assets	0	0
Quoted Market Prices (Level 1) [Member] | Credit Default Swaps [Member]
Derivative liabilities:
Derivative liabilities	0	0
Quoted Market Prices (Level 1) [Member] | Equity Put and Call Options [Member]
Derivative assets:
Derivative assets	654	560
Quoted Market Prices (Level 1) [Member] | Put Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	-216	-82
Quoted Market Prices (Level 1) [Member] | Call Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	-781	-479
Significant Other Observable Inputs (Level 2) [Member]
Non-derivative assets:
Assets, fair value	182	19
Non-derivative liabilities
Liabilities, fair value	379	995
Assets and liabilities, fair value	561	1,014
Significant Other Observable Inputs (Level 2) [Member] | Equity Securities [Member]
Non-derivative assets:
Non-derivative assets	0	0
Significant Other Observable Inputs (Level 2) [Member] | Margin Account Balance [Member]
Non-derivative liabilities
Non-derivative liabilities	0	0
Significant Other Observable Inputs (Level 2) [Member] | Short [Member] | Equity Securities [Member]
Non-derivative liabilities
Non-derivative liabilities	0
Significant Other Observable Inputs (Level 2) [Member] | Interest Rate Derivatives [Member] | Not Designated as Hedging Instrument [Member]
Derivative assets:
Derivative assets	182	19
Significant Other Observable Inputs (Level 2) [Member] | Credit Default Swaps [Member]
Derivative liabilities:
Derivative liabilities	379	995
Significant Other Observable Inputs (Level 2) [Member] | Equity Put and Call Options [Member]
Derivative assets:
Derivative assets	0	0
Significant Other Observable Inputs (Level 2) [Member] | Put Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	0	0
Significant Other Observable Inputs (Level 2) [Member] | Call Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	0	0
Significant Unobservable Inputs (Level 3) [Member]
Non-derivative assets:
Assets, fair value	0	0
Non-derivative liabilities
Liabilities, fair value	0	0
Assets and liabilities, fair value	0	0
Significant Unobservable Inputs (Level 3) [Member] | Equity Securities [Member]
Non-derivative assets:
Non-derivative assets		0
Significant Unobservable Inputs (Level 3) [Member] | Margin Account Balance [Member]
Non-derivative liabilities
Non-derivative liabilities	0	0
Significant Unobservable Inputs (Level 3) [Member] | Short [Member] | Equity Securities [Member]
Non-derivative liabilities
Non-derivative liabilities	0
Significant Unobservable Inputs (Level 3) [Member] | Interest Rate Derivatives [Member] | Not Designated as Hedging Instrument [Member]
Derivative assets:
Derivative assets	0	0
Significant Unobservable Inputs (Level 3) [Member] | Credit Default Swaps [Member]
Derivative liabilities:
Derivative liabilities	0	0
Significant Unobservable Inputs (Level 3) [Member] | Equity Put and Call Options [Member]
Derivative assets:
Derivative assets	0	0
Significant Unobservable Inputs (Level 3) [Member] | Equity Securities [Member] | Equity Securities [Member]
Non-derivative assets:
Non-derivative assets	0
Significant Unobservable Inputs (Level 3) [Member] | Put Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	0	0
Significant Unobservable Inputs (Level 3) [Member] | Call Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	0	0
Counterparty and Cash Collateral Netting [Member]
Non-derivative assets:
Assets, fair value	0	0
Non-derivative liabilities
Liabilities, fair value	-563	-1,068
Assets and liabilities, fair value	-563	-1,068
Counterparty and Cash Collateral Netting [Member] | Equity Securities [Member]
Non-derivative assets:
Non-derivative assets	0	0
Counterparty and Cash Collateral Netting [Member] | Margin Account Balance [Member]
Non-derivative liabilities
Non-derivative liabilities	0	0
Counterparty and Cash Collateral Netting [Member] | Short [Member] | Equity Securities [Member]
Non-derivative liabilities
Non-derivative liabilities	0
Counterparty and Cash Collateral Netting [Member] | Interest Rate Derivatives [Member] | Not Designated as Hedging Instrument [Member]
Derivative assets:
Derivative assets	0	0
Counterparty and Cash Collateral Netting [Member] | Credit Default Swaps [Member]
Derivative liabilities:
Derivative liabilities	-563	-1,068
Counterparty and Cash Collateral Netting [Member] | Equity Put and Call Options [Member]
Derivative assets:
Derivative assets	0	0
Counterparty and Cash Collateral Netting [Member] | Put Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	0	0
Counterparty and Cash Collateral Netting [Member] | Call Option [Member] | Short [Member]
Derivative liabilities:
Derivative liabilities	$0	$0

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gain (loss) on derivatives	($1,100)	($8,315)	($35,657)
Unrealized gain (loss) on marketable securities	-332	5,115	2,502
Credit Default Swaps [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gain (loss) on derivatives	-616	-1,937	-3,921
Fair Value Measurements Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Net	4,347	-4,424	-33,986
Unrealized gain (loss) on derivatives	-1,100	-8,315	-35,657
Unrealized gain (loss) on marketable securities	-332	5,115	2,502
Realized loss on marketable securities	5,779	-1,224	-831
Accumulated OCI into Interest Expense, Net	100	101	32
Fair Value Measurements Recurring [Member] | Interest Rate Derivatives [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gain (loss) on derivatives	-484	-6,378	-31,736
Accumulated OCI into Interest Expense, Net	100	101	32
Fair Value Measurements Recurring [Member] | Credit Default Swaps [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gain (loss) on derivatives	-616	-1,937
Accumulated OCI into Interest Expense, Net	0	0	0
Fair Value Measurements Recurring [Member] | Derivative Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	841	1,963	19,094
Accumulated OCI into Interest Expense, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Derivative Liabilities [Member] | Interest Rate Derivatives [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	4,400	17,091
Accumulated OCI into Interest Expense, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Derivative Liabilities [Member] | Credit Default Swaps [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	-699	-2,025	0
Accumulated OCI into Interest Expense, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Derivative Liabilities [Member] | Put Option [Member] | Short [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	1,111	-138	1,610
Accumulated OCI into Interest Expense, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Derivative Liabilities [Member] | Call Option [Member] | Short [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	429	-274	393
Accumulated OCI into Interest Expense, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Non Derivative Liability [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	841	1,963	19,158
Accumulated OCI into Interest Expense, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Non Derivative Liability [Member] | Equity Securities [Member] | Short [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	0	64
Accumulated OCI into Interest Expense, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Derivative assets [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	-4,426	-12,166	-56,485
Accumulated OCI into Interest Expense, Assets	100	101	32
Fair Value Measurements Recurring [Member] | Derivative assets [Member] | Interest Rate Derivatives [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	-484	-10,778	-48,827
Accumulated OCI into Interest Expense, Assets	100	101	32
Fair Value Measurements Recurring [Member] | Derivative assets [Member] | Credit Default Swaps [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	0	0	-4,014
Accumulated OCI into Interest Expense, Assets	0	0	0
Fair Value Measurements Recurring [Member] | Derivative assets [Member] | Equity Call Options and Other [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	-3,942	-1,388	-3,644
Accumulated OCI into Interest Expense, Assets	0	0	0
Fair Value Measurements Recurring [Member] | Non Derivative Assets [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	3,506	-6,387	-53,144
Accumulated OCI into Interest Expense, Assets	100	101	32
Fair Value Measurements Recurring [Member] | Non Derivative Assets [Member] | Equity Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	7,932	5,779	3,341
Accumulated OCI into Interest Expense, Assets	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Net	0	6,215	32,040
Unrealized gain (loss) on derivatives	0	6,215	32,040
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Interest Rate Derivatives [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gain (loss) on derivatives	0	6,215	32,040
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Credit Default Swaps [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gain (loss) on derivatives	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative Liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	-4,424	-22,159
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative Liabilities [Member] | Interest Rate Derivatives [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	-4,424	-22,159
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative Liabilities [Member] | Credit Default Swaps [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative Liabilities [Member] | Put Option [Member] | Short [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative Liabilities [Member] | Call Option [Member] | Short [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Non Derivative Liability [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	-4,424	-22,159
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Non Derivative Liability [Member] | Equity Securities [Member] | Short [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Liabilities	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative assets [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	0	10,639	54,199
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative assets [Member] | Interest Rate Derivatives [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	0	10,639	54,199
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative assets [Member] | Credit Default Swaps [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Derivative assets [Member] | Equity Call Options and Other [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	0	0	0
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Non Derivative Assets [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	0	10,639	54,199
Fair Value Measurements Recurring [Member] | Interest Savings (Cost) [Member] | Non Derivative Assets [Member] | Equity Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Gain or (Loss) Recognized in Income, Assets	$0	$0	$0

Fair_Value_Measurements_Detail2

Fair Value Measurements (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value Disclosures [Abstract]
Lower Uptrend in the LIBOR interest rate	0.17%
Higher Uptrend in the LIBOR interest rate	0.89%
Derivative Expense Related to Credit Default Swaps	$83	$88	$93
Change in unrealized loss on derivatives	0	-3	-144
Accumulated comprehensive loss reclassified to interest expense	$0

Summary_of_Fair_Value_of_Finan2

Summary of Fair Value of Financial Instruments (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable securities	$63,217	$29,601
Derivative assets, carrying value	182	19
Liabilities associated with investments in securities and other, estimated fair value	6,201	3,764
Fair Value Measurements Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Marketable securities, estimated fair value	63,217	29,601
Derivative assets, estimated fair value	182	19
Liabilities associated with investments in securities and other, estimated fair value	$6,201	$3,764

Summary_of_Fair_Value_of_Finan3

Summary of Fair Value of Financial Instruments (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2012
Financial Assets
Cash and cash equivalents	$128,780	$215,063
Cash and cash equivalents, Estimated fair value	128,780	215,063
Restricted cash	61,498	85,830
Restricted cash, Estimated fair value	61,498	85,830
Accounts receivable	21,791	22,399
Accounts receivable, Estimated fair value	21,791	22,399
Carrying value of note	3,384	3,553
Due from affiliates	1,302	3,473
Due from affiliates, Estimated fair value	1,302	3,473
Due from Ashford Prime OP, net	13,042	896
Due From Ashford Prime OP, Net, Fair Value Disclosure	13,042	896
Due from third-party hotel managers	33,728	12,241
Due from third party hotel managers, Estimated fair value	33,728	12,241
Financial liabilities
Indebtedness	1,818,929	1,954,103
Accounts payable and accrued expenses, Carrying value	70,683	71,118
Accounts payable and accrued expenses, Estimated fair value	70,683	71,118
Dividends declared but not paid	20,735	21,889	18,258
Dividends declared but not paid	20,735
Dividends payable, Estimated fair value	20,735	21,889
Due to Ashford Inc., net	0	8,202
Due to Ashford Inc., net, Estimated fair value	0	8,202
Due to related party, net	270	1,867
Due to related party, Estimated fair value	270	1,867
Due to third-party hotel managers, Carrying value	958	1,640
Due to third-party hotel managers, Estimated fair value	958	1,640
Maximum [Member]
Financial Assets
Notes receivable, Estimated fair value	3,094	3,370
Financial liabilities
Indebtedness of continuing operations, Estimated fair value	1,974,714	2,106,413
Minimum [Member]
Financial Assets
Notes receivable, Estimated fair value	2,800	3,049
Financial liabilities
Indebtedness of continuing operations, Estimated fair value	$1,786,651	$1,905,801

Summary_of_Fair_Value_of_Finan4

Summary of Fair Value of Financial Instruments (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Maturity period of financial assets	90 days
Carrying value of note	$3,553,000	$3,384,000
Carrying value of total indebtedness of continuing operations	$2,000,000,000	$1,800,000,000
Maximum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes receivable fair value variance from carrying value	-5.20%	-8.60%
Total indebtedness fair value variance from carrying value	107.80%	108.60%
Minimum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes receivable fair value variance from carrying value	-14.20%	-17.30%
Total indebtedness fair value variance from carrying value	97.50%	98.20%

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]
2015	$871
2016	747
2017	633
2018	549
2019	531
Thereafter	32,931
Total	$36,262

Commitments_and_Contingencies_2

Commitments and Contingencies (Details Textual) (USD $)	12 Months Ended			0 Months Ended	1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2014	Aug. 31, 2014	Jun. 30, 2012	Sep. 30, 2010	Dec. 31, 2006
	lease						subsidiary
							hotel
Loss Contingencies [Line Items]
Marketing reservation and other fees (lesser of 1%)		1.00%
Percentage of base management fee		3.00%
Number of ground leases	2
Rent expenses	$1,500,000	$4,500,000	$4,700,000
Contingent rent	712,000	898,000	1,400,000
Capital commitment	46,600,000
Period of payment of capital commitment	12 months
Litigation [Member]
Loss Contingencies [Line Items]
Damages awarded				10,800,000
Prejudgment interest	707,000
Loss accrual	400,000
Litigation [Member] | Other Expense [Member]
Loss Contingencies [Line Items]
Litigation expense	11,900,000
Taxes [Member]
Loss Contingencies [Line Items]
Number of audited taxable subsidiaries (in subsidiaries)							1
Number of hotel properties managed by third party (in hotels)							2
Ownership percentage							75.00%
Increase in taxable income					660,000
Federal excise tax rate							100.00%
Possible additional U.S. federal income taxes under IRS proposed adjustment						467,000
Possible additional state income taxes under IRS proposed adjustment						83,000
Amount of Proposed REIT Adjustment						3,300,000
Amount of Proposed TRS Adjustment						1,600,000
Potential Pension Liabilities [Member]
Loss Contingencies [Line Items]
Unfunded pension liabilities								0
Net amount of pension payments on settlement agreement paid by hotel manager	84,000
Monthly pension payments	100,000
Unfunded pension liabilities amount received by the Hotel Manager on the loss of suit	1,700,000
Accrued unfunded liabilities	1,600,000
Term of pension liability	20 years
Management Fees [Member]
Loss Contingencies [Line Items]
Payment of monthly property management fees (greater than $10,000)	10,000
Percentage of base management fee	3.00%
Property management fee as percentage of gross revenue, Minimum	2.00%
Property management fee as percentage of gross revenue, Maximum	7.00%
Portion of project management fees to project costs	4.00%
Franchise Fees [Member]
Loss Contingencies [Line Items]
Franchisor Royalty Fees Minimum	4.00%
Franchisor Royalty Fees Maximum	6.00%
Marketing reservation and other fees (lesser of 1%)	1.00%
Marketing reservation and other fees, Maximum	5.00%
Franchise Costs	$37,400,000	$32,000,000	$28,900,000
Restricted Cash [Member]
Loss Contingencies [Line Items]
Escrow reserve for capital improvements as percentage of gross revenues, Minimum	4.00%
Escrow reserve for capital improvements as percentage of gross revenues, Maximum	6.00%

Redeemable_Noncontrolling_Inte2

Redeemable Noncontrolling Interests in Operating Partnership (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Partnership Interest [Member]
Summary of the activity of the operating partnership units
Units outstanding at beginning of year	18,991	17,611	16,317
Units issued		1,007	1,380	1,294
Units redeemed for cash of $19 in 2014	-2	0	0
Units converted to common shares	-160	0	0
Units outstanding at end of year	19,836	18,991	17,611
Units convertible/redeemable at end of year	17,068	15,918	14,305
Long Term Incentive Plan [Member] | OP Units Redeemed for Cash [Member]
Summary of the activity of the operating partnership units
Fair value of shares redeemed	19

Redeemable_Noncontrolling_Inte3

Redeemable Noncontrolling Interests in Operating Partnership (Details Textual) (USD $)	12 Months Ended			1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Feb. 28, 2014	Nov. 19, 2013	Nov. 12, 2014
Redeemable Noncontrolling Interest [Line Items]
Common unit limited partnership interest period until redemption	1 year
Common unit limited partnership interest redemption for common stock shares	1
Redeemable noncontrolling interests in operating partnership	$177,064,000	$134,206,000
Unvested operating partnership units reclassified to equity		-3,158,000	1,752,000
Noncontrolling interest in joint venture	15.00%				25.00%
Redemption value adjustment	-45,988,000	-13,344,000	-43,620,000
Payments of dividends	85,417,000	78,829,000	71,564,000
Ashford Inc. [Member]
Redeemable Noncontrolling Interest [Line Items]
Special distribution, conversion ratio, shares						87
Special distribution, maximum percentage of shares available for conversion						99.00%
Special distribution, conversion ratio, units						55
Shares in investment held (in shares)						598,000
Common unit percentage worth of common stock share						94.00%
Partnership Interest [Member]
Redeemable Noncontrolling Interest [Line Items]
Units converted to common shares (in shares)	160,000	0	0
Units redeemed (in shares)	2,000	0	0
Minimum [Member]
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling interest in joint venture		15.00%
Maximum [Member]
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling interest in joint venture		25.00%
Class B Common Units [Member]
Redeemable Noncontrolling Interest [Line Items]
Dividend Rate common units, year one to three	6.82%
Dividend Rate common units, after year three	7.20%
Portion of Class B common units which holders are prevented from redeeming before 18 months	67.00%
Portion of Class B common units holders are prevented from redeeming before two years	33.00%
Period until units subject to contractual lock-up agreements conversion to common unit	10 years
Long Term Incentive Plan [Member]
Redeemable Noncontrolling Interest [Line Items]
Common partnership unit per converted Long-Term Incentive Plan unit	1
Issuance of LTIP units (in shares)	1,000,000	1,400,000	1,300,000
Issuance of LTIP units	11,000,000	16,400,000	11,200,000
LTIP units vested in period (in shares)	1,600,000	1,600,000	1,400,000
LTIP unit forfeited in period (in shares)	0	0	0
Shares issued (in shares)	8,000,000
Units which had not reached full economic parity with common units				921,000
Outstanding (in shares)	2,800,000
Grant date value	79,900,000
Conversion of stock (in shares)	2,000,000
Compensation expense	16,400,000	19,000,000	14,800,000
Number of OP units presented for redemption or conversion		0	0
Long Term Incentive Plan [Member] | Partnership Interest [Member]
Redeemable Noncontrolling Interest [Line Items]
Redeemable noncontrolling interests in operating partnership	177,100,000	134,200,000
(Income) loss from discontinued operations attributable to redeemable noncontrolling interests in operating partnership	-6,400,000	-8,200,000	-9,300,000
Unvested operating partnership units reclassified to equity		5,329,000
Noncontrolling interest in joint venture	13.01%	12.72%
Redemption value adjustment	169,300,000	123,300,000
Payments of dividends	10,700,000	10,300,000	9,100,000
Long Term Incentive Plan [Member] | Minimum [Member]
Redeemable Noncontrolling Interest [Line Items]
Vesting period	3 years
Long Term Incentive Plan [Member] | Maximum [Member]
Redeemable Noncontrolling Interest [Line Items]
Vesting period	5 years
Long Term Incentive Plan [Member] | OP Units Converted [Member]
Redeemable Noncontrolling Interest [Line Items]
Fair value of shares redeemed	1,800,000
Long Term Incentive Plan [Member] | OP Units Redeemed for Cash [Member]
Redeemable Noncontrolling Interest [Line Items]
Fair value of shares redeemed	$19,000

Equity_Details

Equity (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Common stock related:
Common shares	$41,894	$37,054	$29,993
Preferred stocks:
Total dividends declared	75,856	71,016	63,795
Series A Preferred Stock [Member]
Preferred stocks:
Total dividends declared	3,542	3,542	3,516
Series D Preferred Stock [Member]
Preferred stocks:
Total dividends declared	20,002	20,002	19,869
Series E Preferred Stock [Member]
Preferred stocks:
Total dividends declared	$10,418	$10,418	$10,417

Equity_Details_Textual

Equity (Details Textual) (USD $)	1 Months Ended		12 Months Ended				0 Months Ended
	Sep. 30, 2011	Jan. 31, 2009	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2008	9-May-14	Apr. 08, 2014	Jul. 24, 2013	Jun. 20, 2013	Nov. 19, 2013
Common stock, shares issued (in shares)			124,896,765	124,896,765
Common stock, shares outstanding (in shares)			89,439,624	80,565,563
Market price of cumulative preferred stock	$30,000,000
Net proceeds from issuance of preferred stock			0	244,000	15,982,000
ATM offering program shares sold (in shares)			0	0
Common stock shares repurchased						125,000,000
Authorization of additional amount of shares	58,400,000	200,000,000
Acquisition of common stock			41,198	32,855	55,005
Preferred stock, shares authorized (in shares)			50,000,000	50,000,000
Ownership percentage by parent			15.00%								75.00%
Noncontrolling interests in consolidated entities			800,000	1,048,000
Noncontrolling interest in joint venture			15.00%								25.00%
(Income) loss from consolidated joint ventures attributable to noncontrolling interests			-406,000	908,000	868,000
Majority Owned Properties [Member]
Number of hotel properties with joint venture interest			2								2
Treasury Stock [Member]
Reissuance of treasury shares (in shares)			8,350,000	12,251,000
Common and Preferred Stock [Member]
Shares repurchased (in shares)			0	0	0
Common Stock [Member]
Issuance of stock (in shares)							850,000	7,500,000	1,250,000	11,000,000
Share price (in dollars per share)							$10.70	$10.70	$12	$12
Gross proceeds from sale of common stock								80,300,000		132,000,000
Aggregate proceeds new of underwriting discount and other expenses							8,700,000	76,800,000	14,200,000	125,900,000
Term of option to purchase additional stock								30 days		30 days
Additional shares issuable under over-allotment option agreement (in shares)								1,125,000		1,650,000
Series A Preferred Stock [Member]
Preferred stock issuable (in shares)	700,000
Percentage of preferred stock shares	8.55%		8.55%	8.55%	8.55%
Preferred shares issued (in shares)					169,306
Net proceeds from issuance of preferred stock					4,200,000
Preferred stock, shares outstanding (in shares)			1,657,206	1,657,206
Redemption price of preferred stock (in dollars per share)			$25
Liquidation preference (in dollars per share)			$25
Annual dividend rate per share			$2.14
Series D Preferred Stock [Member]
Preferred stock issuable (in shares)	700,000
Percentage of preferred stock shares	8.45%		8.45%	8.45%	8.45%
Preferred shares issued (in shares)					501,909
Net proceeds from issuance of preferred stock					$12,300,000
Preferred stock, shares outstanding (in shares)			9,468,706	9,468,706
Redemption price of preferred stock (in dollars per share)			$25
Annual dividend rate per share			$2.11
Increased dividend rate percentage			9.45%
Series E Preferred Stock [Member]
Percentage of preferred stock shares			9.00%	9.00%
Preferred stock, shares outstanding (in shares)			4,630,000	4,630,000
Redemption price of preferred stock (in dollars per share)			$25
Annual dividend rate per share			$2.25

Impairment_Charges_Details

Impairment Charges (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary of changes in allowance for losses
Balance at beginning of period	$7,937	$8,333	$8,711
Impairment charges	0	0	0
Valuation adjustments (credits to impairment charges)	-415	-396	-378
Charge-offs	0	0	0
Balance at end of period	$7,522	$7,937	$8,333

Impairment_Charges_Details_Tex

Impairment Charges (Details Textual) (USD $)	12 Months Ended			1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	31-May-10	Oct. 31, 2008	Jun. 30, 2009	Feb. 28, 2010	Dec. 31, 2009
						hotel
Impaired Notes and Loans by Collateral [Line Items]
Carrying value of note	$3,553,000	$3,384,000
Hotels in Discontinued Operations [Member]
Impaired Notes and Loans by Collateral [Line Items]
Impairment charge	0	0	-4,120,000
Four Seasons hotel, Nevis [Member]
Impaired Notes and Loans by Collateral [Line Items]
Face value of note					18,200,000
Interest on senior mortgage				14.40%
Extended Stay Hotel [Member]
Impaired Notes and Loans by Collateral [Line Items]
Carrying value of note						109,400,000
Mezzanine loan receivable principal amount						164,000,000
Number of hotels secured by mezzanine loan receivable						681
Amount of mezzanine loan purchased						98,400,000
Discount of mezzanine loan						11,400,000
Valuation allowance						109,400,000
Valuation adjustment on previously impaired notes			5,000,000
Ritz Carton Hotel Property [Member]
Impaired Notes and Loans by Collateral [Line Items]
Principal balance of mezzanine loan receivable							38,000,000
Carrying value of note							23,000,000
Cash payment settled related to mezzanine loan							20,200,000
Non cash consideration for restructuring of Mezzanine Loan							4,000,000
Impairment charge								10,700,000
Interest rate							6.09%
Net present value of restructuring							$3,000,000

Stock_Based_Compensation_Detai

Stock Based Compensation (Details) (Restricted Stock [Member], USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restricted Stock [Member]
Summary of restricted stock activity
Outstanding at beginning of year (in shares)	418,000	487,000	900,000
Weighted Average Price at Grant, Beginning of year (in dollars per share)	$10.55	$9.15	$6.14
Restricted shares granted (in shares)	423,000	198,000	204,000
Weighted Average Price at Grant, Restricted shares granted (in dollars per share)	$11.04	$11.87	$8.87
Restricted shares vested (in shares)	-228,000	-266,000	-586,000
Weighted Average Price at Grant, Restricted shares vested (in dollars per share)	$10.47	$8.97	$4.44
Restricted shares forfeited (in shares)	-18,000	-1,000	-31,000
Weighted Average Price at Grant, Restricted shares forfeited (in dollars per share)	$11.07	$9.81	$9.13
Outstanding at end of year (in shares)	595,000	418,000	487,000
Weighted Average Price at Grant, End of year (in dollars per share)	$10.92	$10.55	$9.15

Stock_Based_Compensation_Detai1

Stock Based Compensation (Details Textual) (Restricted Stock [Member], USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	$2.80	$2.30	$2.70
Restricted stock fair value	$2.50
2011 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized to grant	11,500,000
Shares available for future issuance	5,900,000

Employee_Benefit_Plans_Details

Employee Benefit Plans (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2012	Nov. 12, 2014
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Treasury stock, shares (in shares)	44,331,202	35,457,141
Deferred Compensation Plan [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Maximum percentage of compensation eligible for deferral		100.00%
Deferred compensation shares outstanding	1,500,000
Deferred compensation liability		$0
Deferred Compensation Plan [Member] | Selling, General and Administrative Expenses [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Additional compensation expense	4,300,000
Deferred Compensation Plan [Member] | Additional Paid-in Capital [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Deferred compensation liability				11,500,000
401(k) Plan [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Employee's qualified age		21 years
Employee period of service		1 year
Minimum hours worked to participate in nonqualified compensation plan (in hours)		1000 hours
Percentage of Company contributions		50.00%
Company contribution vesting percentage per year		25.00%
Matching expenses incurred	211,000	260,000	211,000
Percentage of Employee's contributions		6.00%
Employee Savings and Incentive Plan (ESIP) [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Minimum hours worked to participate in nonqualified compensation plan (in hours)		25 hours
Percentage of Company contributions		25.00%
Company contribution vesting percentage per year		25.00%
Matching expenses incurred	$70,000	$13,000	$4,000
Defined contribution plan employee compensation contribution maximum		100.00%
Employee contribution		10.00%

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
State income tax expense, net of federal income tax benefit	($6,041)	($7,907)	($11,508)
Federal statutory income tax rate	35.00%	35.00%	35.00%
State income tax expense, net of federal income tax benefit	-528	-469	-2,710
Permanent differences	-558	-761	-607
State and local income tax (expense) benefit on pass-through entity subsidiaries	-19	-34	10
Gross receipts and margin taxes	-700	-631	-749
Interest and penalties	-10	-20	-18
Valuation allowance	6,590	8,311	13,207
Income tax expense for income from continuing operations	-1,266	-1,511	-2,375
Income tax benefit for income from discontinued operations	0	0	23
Income tax benefit for income from discontinued operations	-12	0	0
Total income tax expense	($1,278)	($1,511)	($2,352)

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current:
Federal	($416)	($919)	($1,537)
State	-721	-684	-757
Total current	-1,137	-1,603	-2,294
Deferred:
Federal	0	157	7
State	-129	-65	-88
Total deferred	-129	92	-81
Income tax expense for income from continuing operations	($1,266)	($1,511)	($2,375)

Income_Taxes_Details_2

Income Taxes (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Income Tax Disclosure [Abstract]
Allowance for doubtful accounts	$94	$94
Unearned income	317	344
Unfavorable management contract liability	2,088	2,838
Federal and state net operating losses	25,046	31,360
Accrued expenses	1,310	1,350
Prepaid expenses	-4,046	-4,391
Alternative minimum tax credit	1,347	972
Tax property basis less than book basis	-2,031	-2,175
Tax derivatives basis greater than book basis	3,042	2,787
Deferred gain	1,757	1,685
Other	411	282
Deferred tax asset	29,335	35,146
Valuation allowance	-29,335	-35,146	-45,398	-58,081
Net deferred tax asset	$0	$0

Income_Taxes_Details_3

Income Taxes (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Changes in the valuation allowance
Balance at beginning of year	$35,146	$45,398	$58,081
Additions charged to other	1,855	4,315	4,481
Deductions	-7,666	-14,567	-17,164
Balance at end of year	$29,335	$35,146	$45,398

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating Loss Carryforwards [Line Items]
Minimum percentage of income distributed to shareholders to qualify as a REIT	90.00%
Subsequent taxable years we may not qualify as REIT if we fail to qualify as a REIT in any taxable year	4 years
Ashford TRS recognized net book income (loss)	$17,300,000	$22,600,000	$31,500,000
Income tax interest and penalties expenses	10,000	20,000	18,000
Income tax interest and penalties expenses accrued	0
Income tax expense	-1,266,000	-1,511,000	-2,375,000
Valuation allowance	29,335,000	35,146,000	45,398,000	58,081,000
Net operating loss carryforwards	65,400,000
Ashford Hospitality Trust, Inc [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards for federal income tax	322,700,000
Subsidiaries [Member]
Operating Loss Carryforwards [Line Items]
Number of hotel properties	87
Net operating loss carryforwards	10,600,000
Ashford TRS [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$65,400,000

Loss_Per_Share_Details

Loss Per Share (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Loss attributable to common shareholders – Basic and diluted:
Income (loss) from continuing operations attributable to the Company	($13,884)	($13,550)	($1,605)	($2,391)	($17,302)	($16,321)	$7,062	($14,636)	($31,430)	($41,197)	($50,751)
Less: Dividends on preferred stocks									33,962	33,962	33,802
Undistributed loss from continuing operations allocated to common stockholders									-107,286	-112,213	-114,546
Distributed and undistributed loss from continuing operations - basic and diluted									-65,694	-75,372	-84,822
Income (loss) from discontinued operations allocated to common stockholders:
Income (loss) from discontinued operations attributable to the Company									29	-86	-3,029
Weighted average common shares outstanding:
Weighted average common shares outstanding – basic and diluted (in shares)									87,622	75,155	67,533
Income (loss) per share – basic and diluted:
Loss from continuing operations allocated to common shareholders per share (in dollars per share)									($0.75)	($1)	($1.26)
Loss from discontinued operations allocated to common shareholders per share (in dollars per share)									$0	$0	($0.04)
Net loss attributable to common stockholders (in dollars per share)									($0.75)	($1)	($1.30)
Common Stock [Member]
Loss attributable to common shareholders – Basic and diluted:
Dividends									-41,592	-36,841	-29,724
Dividends									41,592	36,841	29,724
Restricted Stock [Member]
Loss attributable to common shareholders – Basic and diluted:
Dividends									-302	-213	-269
Dividends									$302	$213	$269

Income_Loss_Per_Share_Details_

Income (Loss) Per Share (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Loss from continuing operations allocated to common shareholders is not adjusted for:
Loss attributable to redeemable noncontrolling interests in operating partnership	($6,404)	($8,171)	($8,877)
Total	-6,102	-7,958	-8,608
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares/assumed conversion of operating partnership units (in shares)	19,621	18,827	17,548
Restricted Stock [Member]
Loss from continuing operations allocated to common shareholders is not adjusted for:
Income allocated to unvested restricted shares	$302	$213	$269
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares/assumed conversion of operating partnership units (in shares)	174	128	195
Redeemable Noncontrolling Interest in Operating Partnership
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares/assumed conversion of operating partnership units (in shares)	19,447	18,699	17,353

Segment_Reporting_Details

Segment Reporting (Details)	12 Months Ended
	Dec. 31, 2014
	segment
Segment Reporting [Abstract]
Number of operating segments	1

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Related Party Transactions [Abstract]
Property management fees, including incentive property management fees	$17,800	$14,299	$13,947
Market service fees	13,494	9,439	7,624
Corporate general and administrative and fixed asset reimbursements	7,689	4,299	4,075
Total	$38,983	$28,037	$25,646

Related_Party_Transactions_Det1

Related Party Transactions (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	hotel
Schedule of Related Party Transactions By Related Party [Line Items]
Percentage of base management fee		3.00%
Maximum percentage of project budget to be paid as market service fees	16.50%
Number of disposed properties description for related party indemnification agreement	1
Marketing reservation and other fees (lesser of 1%)		1.00%
Related party transaction expenses	$38,983,000	$28,037,000	$25,646,000
Advisory services fee	4,533,000	0	0
Quarterly base advisory service fee	0.70%
Advisory services revenue	10,724,000	1,047,000	0
Due to Ashford Inc., net	8,202,000	0
Management fee [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Related party transaction expenses	8,500,000	7,800,000	7,600,000
Incentive management fee [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Related party transaction expenses	2,300,000	1,000,000	1,700,000
Marketing service and asset management fee [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Related party transaction expenses	4,600,000	7,000,000	3,600,000
General and Administrative Expense [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Related party transaction expenses	1,700,000	1,600,000	1,600,000
Management Fees [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Payment of monthly property management fees (greater than $10,000)	10,000
Percentage of base management fee	3.00%
Portion of project management fees to project costs	4.00%
Subsidiaries [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Number of hotel properties managed by affiliates	55
Number of hotel properties	87
PIM Highland JV [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Number of hotel properties managed by affiliates	21
Number of hotel properties held by majority owned joint venture	28
Ashford Inc. [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Quarterly base advisory service fee	0.70%
Ashford Inc. [Member] | Advisory Expense [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Advisory Services, Base Advisory Fee	4,000,000
Advisory Services, Internal Audit Reimbursements		534,000
Advisory Services, Incentive Management Fee Earned	0
Ashford Prime [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Quarterly base advisory service fee	0.70%
Ashford Prime [Member] | Advisory Revenue [Member]
Schedule of Related Party Transactions By Related Party [Line Items]
Advisory services revenue	10,700,000	1,000,000
Advisory Services, Base Advisory Fee	7,500,000	878,000
Advisory Services, Reimbursable Overhead	1,400,000	53,000
Advisory Services, Internal Audit Reimbursements	1,800,000	116,000
Advisory Services, Incentive Management Fee Earned	0
Due from Ashford Prime OP, net	$896,000

Concentration_of_Risk_Details

Concentration of Risk (Details) (Geographic Concentration Risk [Member], Revenue [Member])	12 Months Ended
	Dec. 31, 2014
	hotel
Geographic Concentration Risk [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration risk	14.80%
Number of hotel properties	10

Selected_Quarterly_Financial_D2

Selected Quarterly Financial Data (Unaudited) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Total revenue	$190,368	$201,457	$208,163	$194,861	$209,145	$241,323	$257,772	$231,287	$794,849	$939,527	$919,657
Total operating expenses	176,802	182,189	190,698	168,468	186,808	213,277	216,444	206,101	718,157	822,630	805,542
Operating income (loss)	13,566	19,268	17,465	26,393	22,337	28,046	41,328	25,186	76,692	116,897	114,115
Income (loss) from continuing operations	-16,303	-16,266	-2,375	-6,787	-18,525	-19,386	7,548	-18,097	-41,731	-48,460	-58,760
Income (loss) from continuing operations attributable to the Company	-13,884	-13,550	-1,605	-2,391	-17,302	-16,321	7,062	-14,636	-31,430	-41,197	-50,751
Income (loss) from continuing operations attributable to common stockholders	($22,375)	($22,040)	($10,096)	($10,881)	($25,793)	($24,811)	($1,429)	($23,126)	($65,392)	($75,159)
Diluted income (loss) from continuing operations attributable to common stockholders per share (in dollars per share)	($0.25)	($0.24)	($0.11)	($0.13)	($0.32)	($0.31)	($0.02)	($0.34)	($0.75)	($1)
Weighted average diluted common shares (in shares)	89,589	90,322	88,781	81,690	81,383	79,898	68,489	67,682	87,622	75,155

Pro_Forma_Financial_Informatio2

Pro Forma Financial Information (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]
Total revenue	$834,207	$981,688	$951,783
Loss from continuing operations	-36,707	-50,496	-64,010
Net loss	($33,183)	($50,594)	($67,458)

Pro_Forma_Financial_Informatio3

Pro Forma Financial Information (Narrative) (Details) (USD $)	12 Months Ended			0 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jul. 18, 2014	Aug. 06, 2014	Feb. 09, 2015	Feb. 25, 2015	Jul. 31, 2014
Transaction acquisition costs	$625,000	$1,324,000	$0
The Ashton Hotel [Member]
Percent of voting interests acquired				100.00%
Consideration transfered				8,000,000
Transaction acquisition costs				212,000
The Ashton Hotel [Member] | Mortgages [Member]
Face amount of debt				5,500,000				5,500,000
Fremont Marriott Silicon Valley [Member]
Percent of voting interests acquired					100.00%
Consideration transfered					50,000,000
Transaction acquisition costs					393,000
Fremont Marriott Silicon Valley [Member] | Mortgages [Member]
Face amount of debt					37,500,000
Lakeway Resort & Spa [Member] | Subsequent Event [Member]
Consideration transfered						33,500,000
Number of units in real estate property						168
Memphis Marriott East [Member] | Subsequent Event [Member]
Consideration transfered							$43,500,000
Number of units in real estate property							232

Subsequent_Events_Unaudited_De

Subsequent Events (Unaudited) (Details) (USD $)

0 Months Ended

3 Months Ended

0 Months Ended

9-May-14

Apr. 08, 2014

Jul. 24, 2013

Jun. 20, 2013

Mar. 31, 2015

Jan. 29, 2015

Feb. 09, 2015

Feb. 25, 2015

Jan. 02, 2015

Jul. 25, 2014

1-May-14

Jan. 24, 2014

Dec. 20, 2013

Feb. 26, 2013

Feb. 18, 2015

room

agreement

hotel

Common Stock [Member]

Subsequent Event [Line Items]

Issuance of stock (in shares)

850,000

7,500,000

1,250,000

11,000,000

Gross proceeds from sale of common stock

$80,300,000

$132,000,000

Term of option to purchase additional stock

30 days

30 days

Additional shares issuable under over-allotment option agreement (in shares)

1,125,000

1,650,000

Select-Service Hotels [Member] | Ashford Hospitality Select [Member] | Scenario, Forecast [Member]

Subsequent Event [Line Items]

Number of units in real estate property

2,560

Consideration transfered

321,000,000

Number of hotel properties

16

Consideration, property level debt

232,500,000

Consideration, cash

66,400,000

Consideration, equity interests

22,100,000

Additional performance based consideration

10,000,000

Additional performance based consideration payable in cash

75.00%

Additional performance based consideration payable in equity interests

25.00%

Refinanced Mortgage Loans [Member]

Subsequent Event [Line Items]

Face amount of debt

468,900,000

5,100,000

164,400,000

6,500,000

141,700,000

Refinanced Mortgage Loan 1 [Member]

Subsequent Event [Line Items]

Face amount of debt

135,000,000

Refinanced Mortgage Loan 2 [Member]

Subsequent Event [Line Items]

Face amount of debt

102,300,000

Subsequent Event [Member] | Ashford Trust OP [Member]

Subsequent Event [Line Items]

Number of sale or contribution agreements

4

Subsequent Event [Member] | Follow-On Public Offering [Member]

Subsequent Event [Line Items]

Gross proceeds from sale of common stock

101,200,000

Subsequent Event [Member] | Common Stock [Member] | Follow-On Public Offering [Member]

Subsequent Event [Line Items]

Issuance of stock (in shares)

9,500,000

Issuance of stock (in dollars per share)

$10.65

Additional shares issuable under over-allotment option agreement (in shares)

1,425,000

Subsequent Event [Member] | Common Stock [Member] | Over-Allotment Option [Member]

Subsequent Event [Line Items]

Issuance of stock (in shares)

1,029,000

Issuance of stock (in dollars per share)

$10.65

Term of option to purchase additional stock

30 days

Subsequent Event [Member] | Lakeway Resort & Spa [Member]

Subsequent Event [Line Items]

Number of units in real estate property

168

Consideration transfered

33,500,000

Subsequent Event [Member] | Memphis Marriott East [Member]

Subsequent Event [Line Items]

Number of units in real estate property

232

Consideration transfered

43,500,000

Subsequent Event [Member] | Mortgages [Member] | Refinanced Mortgage Loans [Member]

Subsequent Event [Line Items]

Number of refinanced loans

2

Face amount of debt

478,000,000

Number of loan pools

4

Number of hotels collateralized by a loan

15

Subsequent Event [Member] | Mortgages [Member] | Refinanced Mortgage Loans [Member]

Subsequent Event [Line Items]

Extinguishment of debt

356,300,000

Subsequent Event [Member] | Mortgages [Member] | Refinanced Mortgage Loan 1 [Member]

Subsequent Event [Line Items]

Extinguishment of debt

211,000,000

Subsequent Event [Member] | Mortgages [Member] | Refinanced Mortgage Loan 2 [Member]

Subsequent Event [Line Items]

Extinguishment of debt

$145,300,000

Real_Estate_and_Accumulated_De1

Real Estate and Accumulated Depreciation (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$1,954,103
Initial Cost of Land	358,842
Initial Cost of FF&E, Buildings and improvements	1,892,850
Costs Capitalized Since Acquisition, Land	1,060
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	466,964
Gross Carrying Amount At Close of Period, Land	359,902
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	2,359,814
Gross Carrying Amount At Close of Period, Total	2,719,716	2,671,002	3,509,744	3,560,198
Accumulated Depreciation	591,105	507,208	637,840	602,749
Austin, TX Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	13,187
Initial Cost of Land	1,204
Initial Cost of FF&E, Buildings and improvements	9,388
Costs Capitalized Since Acquisition, Land	193
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	5,602
Gross Carrying Amount At Close of Period, Land	1,397
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	14,990
Gross Carrying Amount At Close of Period, Total	16,387
Accumulated Depreciation	6,701
Dallas, TX Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,793
Initial Cost of Land	1,878
Initial Cost of FF&E, Buildings and improvements	8,907
Costs Capitalized Since Acquisition, Land	238
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	6,187
Gross Carrying Amount At Close of Period, Land	2,116
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	15,094
Gross Carrying Amount At Close of Period, Total	17,210
Accumulated Depreciation	6,700
Herndon, VA Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	17,700
Initial Cost of Land	1,303
Initial Cost of FF&E, Buildings and improvements	9,837
Costs Capitalized Since Acquisition, Land	277
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	6,068
Gross Carrying Amount At Close of Period, Land	1,580
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	15,905
Gross Carrying Amount At Close of Period, Total	17,485
Accumulated Depreciation	6,232
Las Vegas, NV Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	29,679
Initial Cost of Land	3,307
Initial Cost of FF&E, Buildings and improvements	16,952
Costs Capitalized Since Acquisition, Land	397
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,918
Gross Carrying Amount At Close of Period, Land	3,704
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	21,870
Gross Carrying Amount At Close of Period, Total	25,574
Accumulated Depreciation	9,288
Syracuse, NY Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,599
Initial Cost of Land	2,839
Initial Cost of FF&E, Buildings and improvements	9,778
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	6,868
Gross Carrying Amount At Close of Period, Land	2,839
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	16,646
Gross Carrying Amount At Close of Period, Total	19,485
Accumulated Depreciation	5,487
Flagstaff, AZ Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,039
Initial Cost of Land	1,267
Initial Cost of FF&E, Buildings and improvements	4,278
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	6,038
Gross Carrying Amount At Close of Period, Land	1,267
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	10,316
Gross Carrying Amount At Close of Period, Total	11,583
Accumulated Depreciation	3,998
Houston, TX Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,867
Initial Cost of Land	1,799
Initial Cost of FF&E, Buildings and improvements	10,404
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,001
Gross Carrying Amount At Close of Period, Land	1,799
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	14,405
Gross Carrying Amount At Close of Period, Total	16,204
Accumulated Depreciation	4,623
West Palm Beach, FL Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	16,846
Initial Cost of Land	3,277
Initial Cost of FF&E, Buildings and improvements	13,950
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	6,020
Gross Carrying Amount At Close of Period, Land	3,277
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	19,970
Gross Carrying Amount At Close of Period, Total	23,247
Accumulated Depreciation	5,459
Philadelphia, PA Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	34,513
Initial Cost of Land	5,791
Initial Cost of FF&E, Buildings and improvements	34,819
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	7,004
Gross Carrying Amount At Close of Period, Land	5,791
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	41,823
Gross Carrying Amount At Close of Period, Total	47,614
Accumulated Depreciation	10,241
Walnut Creek, CA Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	36,342
Initial Cost of Land	7,452
Initial Cost of FF&E, Buildings and improvements	25,334
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	5,151
Gross Carrying Amount At Close of Period, Land	7,452
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	30,485
Gross Carrying Amount At Close of Period, Total	37,937
Accumulated Depreciation	7,448
Arlington, VA Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	46,209
Initial Cost of Land	36,065
Initial Cost of FF&E, Buildings and improvements	41,588
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	8,823
Gross Carrying Amount At Close of Period, Land	36,065
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	50,411
Gross Carrying Amount At Close of Period, Total	86,476
Accumulated Depreciation	12,039
Portland, OR Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	51,273
Initial Cost of Land	11,110
Initial Cost of FF&E, Buildings and improvements	60,049
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	7,459
Gross Carrying Amount At Close of Period, Land	11,110
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	67,508
Gross Carrying Amount At Close of Period, Total	78,618
Accumulated Depreciation	14,542
Santa Clara, CA Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	45,365
Initial Cost of Land	8,948
Initial Cost of FF&E, Buildings and improvements	46,238
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,451
Gross Carrying Amount At Close of Period, Land	8,948
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	49,689
Gross Carrying Amount At Close of Period, Total	58,637
Accumulated Depreciation	10,833
Orlando, FL Embassy Suites [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	15,614
Initial Cost of Land	5,674
Initial Cost of FF&E, Buildings and improvements	21,593
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,056
Gross Carrying Amount At Close of Period, Land	5,674
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	23,649
Gross Carrying Amount At Close of Period, Total	29,323
Accumulated Depreciation	5,049
Jacksonville, FL Hilton Garden Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,237
Initial Cost of Land	1,751
Initial Cost of FF&E, Buildings and improvements	9,164
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,417
Gross Carrying Amount At Close of Period, Land	1,751
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	10,581
Gross Carrying Amount At Close of Period, Total	12,332
Accumulated Depreciation	3,241
Ft. Worth, TX Hilton [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	51,202
Initial Cost of Land	4,539
Initial Cost of FF&E, Buildings and improvements	13,922
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	14,541
Gross Carrying Amount At Close of Period, Land	4,539
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	28,463
Gross Carrying Amount At Close of Period, Total	33,002
Accumulated Depreciation	9,115
Houston, TX Hilton [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,391
Initial Cost of Land	2,200
Initial Cost of FF&E, Buildings and improvements	13,247
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	11,553
Gross Carrying Amount At Close of Period, Land	2,200
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	24,800
Gross Carrying Amount At Close of Period, Total	27,000
Accumulated Depreciation	9,249
St. Petersburg, FL Hilton [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	17,792
Initial Cost of Land	2,991
Initial Cost of FF&E, Buildings and improvements	13,907
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	13,413
Gross Carrying Amount At Close of Period, Land	2,991
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	27,320
Gross Carrying Amount At Close of Period, Total	30,311
Accumulated Depreciation	8,083
Santa Fe, NM Hilton [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	17,972
Initial Cost of Land	7,004
Initial Cost of FF&E, Buildings and improvements	10,689
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	13,093
Gross Carrying Amount At Close of Period, Land	7,004
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	23,782
Gross Carrying Amount At Close of Period, Total	30,786
Accumulated Depreciation	8,538
Bloomington, MN Hilton [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	52,644
Initial Cost of Land	5,685
Initial Cost of FF&E, Buildings and improvements	59,139
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	9,725
Gross Carrying Amount At Close of Period, Land	5,685
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	68,864
Gross Carrying Amount At Close of Period, Total	74,549
Accumulated Depreciation	14,939
Costa Mesa, CA Hilton [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	52,539
Initial Cost of Land	12,917
Initial Cost of FF&E, Buildings and improvements	91,791
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	17,875
Gross Carrying Amount At Close of Period, Land	12,917
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	109,666
Gross Carrying Amount At Close of Period, Total	122,583
Accumulated Depreciation	24,748
Lawrenceville, GA Hampton Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,743
Initial Cost of Land	697
Initial Cost of FF&E, Buildings and improvements	3,808
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	840
Gross Carrying Amount At Close of Period, Land	697
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	4,648
Gross Carrying Amount At Close of Period, Total	5,345
Accumulated Depreciation	1,394
Evansville, IN Hampton Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,600
Initial Cost of Land	1,301
Initial Cost of FF&E, Buildings and improvements	5,034
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,961
Gross Carrying Amount At Close of Period, Land	1,301
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	8,995
Gross Carrying Amount At Close of Period, Total	10,296
Accumulated Depreciation	3,179
Terre Haute, IN Hampton Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost of Land	700
Initial Cost of FF&E, Buildings and improvements	7,520
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,776
Gross Carrying Amount At Close of Period, Land	700
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	11,296
Gross Carrying Amount At Close of Period, Total	11,996
Accumulated Depreciation	3,077
Buford, GA Hampton Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,150
Initial Cost of Land	1,168
Initial Cost of FF&E, Buildings and improvements	5,338
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,101
Gross Carrying Amount At Close of Period, Land	1,168
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	6,439
Gross Carrying Amount At Close of Period, Total	7,607
Accumulated Depreciation	1,911
Durham, NC Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	25,144
Initial Cost of Land	1,794
Initial Cost of FF&E, Buildings and improvements	25,056
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,832
Gross Carrying Amount At Close of Period, Land	1,794
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	28,888
Gross Carrying Amount At Close of Period, Total	30,682
Accumulated Depreciation	7,094
Arlington, VA Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	99,780
Initial Cost of Land	20,637
Initial Cost of FF&E, Buildings and improvements	101,376
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	19,385
Gross Carrying Amount At Close of Period, Land	20,637
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	120,761
Gross Carrying Amount At Close of Period, Total	141,398
Accumulated Depreciation	29,120
Bridgewater, NJ Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	72,957
Initial Cost of Land	5,059
Initial Cost of FF&E, Buildings and improvements	89,267
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,561
Gross Carrying Amount At Close of Period, Land	5,059
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	93,828
Gross Carrying Amount At Close of Period, Total	98,887
Accumulated Depreciation	20,723
Dallas, TX Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	26,072
Initial Cost of Land	2,701
Initial Cost of FF&E, Buildings and improvements	30,893
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,591
Gross Carrying Amount At Close of Period, Land	2,701
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	33,484
Gross Carrying Amount At Close of Period, Total	36,185
Accumulated Depreciation	7,126
Fremont CA, Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	37,500
Initial Cost of Land	5,800
Initial Cost of FF&E, Buildings and improvements	44,200
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	215
Gross Carrying Amount At Close of Period, Land	5,800
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	44,415
Gross Carrying Amount At Close of Period, Total	50,215
Accumulated Depreciation	1,289
Jacksonville, FL SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,534
Initial Cost of Land	1,348
Initial Cost of FF&E, Buildings and improvements	7,111
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	837
Gross Carrying Amount At Close of Period, Land	1,348
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	7,948
Gross Carrying Amount At Close of Period, Total	9,296
Accumulated Depreciation	2,424
Baltimore, MD SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,417
Initial Cost of Land	2,502
Initial Cost of FF&E, Buildings and improvements	13,206
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,715
Gross Carrying Amount At Close of Period, Land	2,502
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	14,921
Gross Carrying Amount At Close of Period, Total	17,423
Accumulated Depreciation	4,298
Kennesaw, GA SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,005
Initial Cost of Land	1,106
Initial Cost of FF&E, Buildings and improvements	5,021
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	667
Gross Carrying Amount At Close of Period, Land	1,106
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	5,688
Gross Carrying Amount At Close of Period, Total	6,794
Accumulated Depreciation	1,687
Buford, GA SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,084
Initial Cost of Land	1,132
Initial Cost of FF&E, Buildings and improvements	6,089
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,872
Gross Carrying Amount At Close of Period, Land	1,132
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	7,961
Gross Carrying Amount At Close of Period, Total	9,093
Accumulated Depreciation	2,608
Gaithersburg, MD SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,429
Initial Cost of Land	2,200
Initial Cost of FF&E, Buildings and improvements	19,746
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,473
Gross Carrying Amount At Close of Period, Land	2,200
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	21,219
Gross Carrying Amount At Close of Period, Total	23,419
Accumulated Depreciation	5,354
Centerville, VA SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,101
Initial Cost of Land	1,806
Initial Cost of FF&E, Buildings and improvements	11,712
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	990
Gross Carrying Amount At Close of Period, Land	1,806
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	12,702
Gross Carrying Amount At Close of Period, Total	14,508
Accumulated Depreciation	3,367
Charlotte, NC SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,703
Initial Cost of Land	1,235
Initial Cost of FF&E, Buildings and improvements	6,818
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,945
Gross Carrying Amount At Close of Period, Land	1,235
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	8,763
Gross Carrying Amount At Close of Period, Total	9,998
Accumulated Depreciation	2,662
Durham, NC SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,888
Initial Cost of Land	1,090
Initial Cost of FF&E, Buildings and improvements	3,991
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,134
Gross Carrying Amount At Close of Period, Land	1,090
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	6,125
Gross Carrying Amount At Close of Period, Total	7,215
Accumulated Depreciation	2,108
Orlando, FL SpringHill Suites by Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	29,238
Initial Cost of Land	8,620
Initial Cost of FF&E, Buildings and improvements	27,699
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	8,846
Gross Carrying Amount At Close of Period, Land	8,620
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	36,545
Gross Carrying Amount At Close of Period, Total	45,165
Accumulated Depreciation	7,120
Manhattan Beach CA Spring Hill Suites By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,212
Initial Cost of Land	5,726
Initial Cost of FF&E, Buildings and improvements	21,187
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,019
Gross Carrying Amount At Close of Period, Land	5,726
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	24,206
Gross Carrying Amount At Close of Period, Total	29,932
Accumulated Depreciation	5,778
Plymouth Meeting PA Spring Hill Suites By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,354
Initial Cost of Land	3,210
Initial Cost of FF&E, Buildings and improvements	24,578
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,018
Gross Carrying Amount At Close of Period, Land	3,210
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	27,596
Gross Carrying Amount At Close of Period, Total	30,806
Accumulated Depreciation	6,353
Glen Allen VA Spring Hill Suites By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,793
Initial Cost of Land	2,045
Initial Cost of FF&E, Buildings and improvements	15,802
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,290
Gross Carrying Amount At Close of Period, Land	2,045
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	18,092
Gross Carrying Amount At Close of Period, Total	20,137
Accumulated Depreciation	4,322
Kennesaw GA Fairfield Inn By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,495
Initial Cost of Land	840
Initial Cost of FF&E, Buildings and improvements	4,359
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,536
Gross Carrying Amount At Close of Period, Land	840
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	5,895
Gross Carrying Amount At Close of Period, Total	6,735
Accumulated Depreciation	2,143
Orlando FL Fairfield Inn By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	15,416
Initial Cost of Land	6,507
Initial Cost of FF&E, Buildings and improvements	9,895
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,471
Gross Carrying Amount At Close of Period, Land	6,507
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	12,366
Gross Carrying Amount At Close of Period, Total	18,873
Accumulated Depreciation	3,123
Bloomington IN Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,367
Initial Cost of Land	900
Initial Cost of FF&E, Buildings and improvements	10,741
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,697
Gross Carrying Amount At Close of Period, Land	900
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	12,438
Gross Carrying Amount At Close of Period, Total	13,338
Accumulated Depreciation	3,251
Columbus IN Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,070
Initial Cost of Land	673
Initial Cost of FF&E, Buildings and improvements	4,804
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,781
Gross Carrying Amount At Close of Period, Land	673
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	6,585
Gross Carrying Amount At Close of Period, Total	7,258
Accumulated Depreciation	1,770
Louisville KY Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,203
Initial Cost of Land	1,352
Initial Cost of FF&E, Buildings and improvements	12,266
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,909
Gross Carrying Amount At Close of Period, Land	1,352
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	15,175
Gross Carrying Amount At Close of Period, Total	16,527
Accumulated Depreciation	5,073
Crystal City VA Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	31,378
Initial Cost of Land	5,411
Initial Cost of FF&E, Buildings and improvements	38,610
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,501
Gross Carrying Amount At Close of Period, Land	5,411
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	43,111
Gross Carrying Amount At Close of Period, Total	48,522
Accumulated Depreciation	11,642
Ft Lauderdale FL Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,681
Initial Cost of Land	2,244
Initial Cost of FF&E, Buildings and improvements	18,520
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,511
Gross Carrying Amount At Close of Period, Land	2,244
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	21,031
Gross Carrying Amount At Close of Period, Total	23,275
Accumulated Depreciation	5,454
Overland Park KS Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,424
Initial Cost of Land	1,868
Initial Cost of FF&E, Buildings and improvements	14,030
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,302
Gross Carrying Amount At Close of Period, Land	1,868
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	17,332
Gross Carrying Amount At Close of Period, Total	19,200
Accumulated Depreciation	4,502
Palm Desert CA Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,274
Initial Cost of Land	2,722
Initial Cost of FF&E, Buildings and improvements	11,995
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,443
Gross Carrying Amount At Close of Period, Land	2,722
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	14,438
Gross Carrying Amount At Close of Period, Total	17,160
Accumulated Depreciation	3,661
Foothill Ranch CA Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,731
Initial Cost of Land	2,447
Initial Cost of FF&E, Buildings and improvements	16,005
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,698
Gross Carrying Amount At Close of Period, Land	2,447
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	17,703
Gross Carrying Amount At Close of Period, Total	20,150
Accumulated Depreciation	4,672
Alpharetta GA Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	9,821
Initial Cost of Land	2,244
Initial Cost of FF&E, Buildings and improvements	12,345
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,597
Gross Carrying Amount At Close of Period, Land	2,244
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	14,942
Gross Carrying Amount At Close of Period, Total	17,186
Accumulated Depreciation	4,032
Orlando FL Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	28,248
Initial Cost of Land	7,389
Initial Cost of FF&E, Buildings and improvements	26,817
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,953
Gross Carrying Amount At Close of Period, Land	7,389
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	30,770
Gross Carrying Amount At Close of Period, Total	38,159
Accumulated Depreciation	6,735
Oakland CA Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	23,227
Initial Cost of Land	5,112
Initial Cost of FF&E, Buildings and improvements	19,429
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,298
Gross Carrying Amount At Close of Period, Land	5,112
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	21,727
Gross Carrying Amount At Close of Period, Total	26,839
Accumulated Depreciation	4,881
Scottsdale AZ Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	22,299
Initial Cost of Land	3,700
Initial Cost of FF&E, Buildings and improvements	22,134
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,485
Gross Carrying Amount At Close of Period, Land	3,700
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	24,619
Gross Carrying Amount At Close of Period, Total	28,319
Accumulated Depreciation	5,626
Plano TX Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,053
Initial Cost of Land	2,115
Initial Cost of FF&E, Buildings and improvements	22,360
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,377
Gross Carrying Amount At Close of Period, Land	2,115
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	25,737
Gross Carrying Amount At Close of Period, Total	27,852
Accumulated Depreciation	5,900
Edison NJ Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	12,232
Initial Cost of Land	2,147
Initial Cost of FF&E, Buildings and improvements	11,865
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,530
Gross Carrying Amount At Close of Period, Land	2,147
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	13,395
Gross Carrying Amount At Close of Period, Total	15,542
Accumulated Depreciation	3,207
Newark CA Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,026
Initial Cost of Land	2,863
Initial Cost of FF&E, Buildings and improvements	10,722
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,303
Gross Carrying Amount At Close of Period, Land	2,863
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	14,025
Gross Carrying Amount At Close of Period, Total	16,888
Accumulated Depreciation	3,075
Manchester CT Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,845
Initial Cost of Land	1,301
Initial Cost of FF&E, Buildings and improvements	7,430
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,432
Gross Carrying Amount At Close of Period, Land	1,301
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	9,862
Gross Carrying Amount At Close of Period, Total	11,163
Accumulated Depreciation	2,637
Basking Ridge NJ Courtyard By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	41,264
Initial Cost of Land	5,419
Initial Cost of FF&E, Buildings and improvements	45,304
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,722
Gross Carrying Amount At Close of Period, Land	5,419
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	48,026
Gross Carrying Amount At Close of Period, Total	53,445
Accumulated Depreciation	9,969
Lake Buena Vista FL Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	26,637
Initial Cost of Land	2,555
Initial Cost of FF&E, Buildings and improvements	20,367
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,378
Gross Carrying Amount At Close of Period, Land	2,555
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	22,745
Gross Carrying Amount At Close of Period, Total	25,300
Accumulated Depreciation	6,868
Evansville IN Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,375
Initial Cost of Land	960
Initial Cost of FF&E, Buildings and improvements	5,972
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,305
Gross Carrying Amount At Close of Period, Land	960
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	7,277
Gross Carrying Amount At Close of Period, Total	8,237
Accumulated Depreciation	1,926
Orlando FL Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	33,013
Initial Cost of Land	6,554
Initial Cost of FF&E, Buildings and improvements	40,539
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,189
Gross Carrying Amount At Close of Period, Land	6,554
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	43,728
Gross Carrying Amount At Close of Period, Total	50,282
Accumulated Depreciation	11,249
Falls Church VA Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	21,688
Initial Cost of Land	2,752
Initial Cost of FF&E, Buildings and improvements	34,979
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,864
Gross Carrying Amount At Close of Period, Land	2,752
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	36,843
Gross Carrying Amount At Close of Period, Total	39,595
Accumulated Depreciation	9,145
San Diego CA Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,438
Initial Cost of Land	3,156
Initial Cost of FF&E, Buildings and improvements	29,514
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	5,411
Gross Carrying Amount At Close of Period, Land	3,156
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	34,925
Gross Carrying Amount At Close of Period, Total	38,081
Accumulated Depreciation	8,541
Salt Lake City UT Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	13,307
Initial Cost of Land	1,897
Initial Cost of FF&E, Buildings and improvements	16,357
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,566
Gross Carrying Amount At Close of Period, Land	1,897
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	20,923
Gross Carrying Amount At Close of Period, Total	22,820
Accumulated Depreciation	5,330
Palm Desert CA Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,636
Initial Cost of Land	3,280
Initial Cost of FF&E, Buildings and improvements	10,463
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,384
Gross Carrying Amount At Close of Period, Land	3,280
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	14,847
Gross Carrying Amount At Close of Period, Total	18,127
Accumulated Depreciation	3,872
Las Vegas NV Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	27,884
Initial Cost of Land	18,177
Initial Cost of FF&E, Buildings and improvements	39,569
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	2,881
Gross Carrying Amount At Close of Period, Land	18,177
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	42,450
Gross Carrying Amount At Close of Period, Total	60,627
Accumulated Depreciation	8,907
Phoenix AZ Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	22,403
Initial Cost of Land	4,100
Initial Cost of FF&E, Buildings and improvements	23,187
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	5,910
Gross Carrying Amount At Close of Period, Land	4,100
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	29,097
Gross Carrying Amount At Close of Period, Total	33,197
Accumulated Depreciation	5,456
Plano TX Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	14,284
Initial Cost of Land	2,045
Initial Cost of FF&E, Buildings and improvements	16,869
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,574
Gross Carrying Amount At Close of Period, Land	2,045
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	20,443
Gross Carrying Amount At Close of Period, Total	22,488
Accumulated Depreciation	4,383
Newark CA Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,761
Initial Cost of Land	3,272
Initial Cost of FF&E, Buildings and improvements	11,705
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,621
Gross Carrying Amount At Close of Period, Land	3,272
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	16,326
Gross Carrying Amount At Close of Period, Total	19,598
Accumulated Depreciation	3,368
Manchester CT Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,313
Initial Cost of Land	1,462
Initial Cost of FF&E, Buildings and improvements	8,306
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,642
Gross Carrying Amount At Close of Period, Land	1,462
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	9,948
Gross Carrying Amount At Close of Period, Total	11,410
Accumulated Depreciation	2,249
Atlanta GA Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	15,419
Initial Cost of Land	1,901
Initial Cost of FF&E, Buildings and improvements	16,749
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,596
Gross Carrying Amount At Close of Period, Land	1,901
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	21,345
Gross Carrying Amount At Close of Period, Total	23,246
Accumulated Depreciation	4,668
Jacksonville FL Marriott Residence Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	10,673
Initial Cost of Land	1,997
Initial Cost of FF&E, Buildings and improvements	16,084
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	3,255
Gross Carrying Amount At Close of Period, Land	1,997
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	19,339
Gross Carrying Amount At Close of Period, Total	21,336
Accumulated Depreciation	4,877
Manhattan Beach CA Towne Place Suites By Marriott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	19,577
Initial Cost of Land	4,805
Initial Cost of FF&E, Buildings and improvements	17,543
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	1,514
Gross Carrying Amount At Close of Period, Land	4,805
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	19,057
Gross Carrying Amount At Close of Period, Total	23,862
Accumulated Depreciation	4,151
Atlantic Beach FL One Ocean [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	32,688
Initial Cost of Land	5,815
Initial Cost of FF&E, Buildings and improvements	14,817
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	25,227
Gross Carrying Amount At Close of Period, Land	5,815
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	40,044
Gross Carrying Amount At Close of Period, Total	45,859
Accumulated Depreciation	15,647
Langhorne PA Sheraton Hotel [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	17,789
Initial Cost of Land	2,037
Initial Cost of FF&E, Buildings and improvements	12,424
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	9,104
Gross Carrying Amount At Close of Period, Land	2,037
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	21,528
Gross Carrying Amount At Close of Period, Total	23,565
Accumulated Depreciation	6,727
Minneapolis MN Sheraton Hotel [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	17,720
Initial Cost of Land	2,953
Initial Cost of FF&E, Buildings and improvements	14,280
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	10,028
Gross Carrying Amount At Close of Period, Land	2,953
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	24,308
Gross Carrying Amount At Close of Period, Total	27,261
Accumulated Depreciation	6,220
Indianapolis IN Sheraton Hotel [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	24,758
Initial Cost of Land	3,100
Initial Cost of FF&E, Buildings and improvements	22,040
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	20,585
Gross Carrying Amount At Close of Period, Land	3,100
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	42,625
Gross Carrying Amount At Close of Period, Total	45,725
Accumulated Depreciation	11,993
Anchorage AK Sheraton Hotel [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	47,316
Initial Cost of Land	4,023
Initial Cost of FF&E, Buildings and improvements	39,363
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	10,682
Gross Carrying Amount At Close of Period, Land	4,023
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	50,045
Gross Carrying Amount At Close of Period, Total	54,068
Accumulated Depreciation	12,782
San Diego CA Sheraton Hotel [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	29,185
Initial Cost of Land	7,294
Initial Cost of FF&E, Buildings and improvements	36,382
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	10,399
Gross Carrying Amount At Close of Period, Land	7,294
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	46,781
Gross Carrying Amount At Close of Period, Total	54,075
Accumulated Depreciation	11,860
Coral Gables FL Hyatt Regency [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	63,600
Initial Cost of Land	4,805
Initial Cost of FF&E, Buildings and improvements	50,820
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	6,905
Gross Carrying Amount At Close of Period, Land	4,805
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	57,725
Gross Carrying Amount At Close of Period, Total	62,530
Accumulated Depreciation	12,661
Beverly Hills CA Crowne Plaza [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	98,240
Initial Cost of Land	6,510
Initial Cost of FF&E, Buildings and improvements	22,061
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	18,332
Gross Carrying Amount At Close of Period, Land	6,510
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	40,393
Gross Carrying Amount At Close of Period, Total	46,903
Accumulated Depreciation	8,298
Key West FL Crowne Plaza [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	26,681
Initial Cost of Land	0
Initial Cost of FF&E, Buildings and improvements	27,513
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	18,883
Gross Carrying Amount At Close of Period, Land	0
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	46,396
Gross Carrying Amount At Close of Period, Total	46,396
Accumulated Depreciation	12,690
Annapolis MD Annapolis Inn [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,632
Initial Cost of Land	3,028
Initial Cost of FF&E, Buildings and improvements	7,833
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	4,945
Gross Carrying Amount At Close of Period, Land	3,028
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	12,778
Gross Carrying Amount At Close of Period, Total	15,806
Accumulated Depreciation	4,203
Fort Worth TX Ashton [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,525
Initial Cost of Land	800
Initial Cost of FF&E, Buildings and improvements	7,187
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	36
Gross Carrying Amount At Close of Period, Land	800
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	7,223
Gross Carrying Amount At Close of Period, Total	8,023
Accumulated Depreciation	281
Orlando FL World Quest Resort [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost of Land	1,432
Initial Cost of FF&E, Buildings and improvements	9,870
Costs Capitalized Since Acquisition, Land	-45
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	871
Gross Carrying Amount At Close of Period, Land	1,387
Gross Carrying Amount At Close of Period, FF&E, Buildings and improvements	10,741
Gross Carrying Amount At Close of Period, Total	12,128
Accumulated Depreciation	$1,853

Recovered_Sheet1

Real Estate And Accumulated Depreciation (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Investment in Real Estate:
Beginning balance	$2,671,002	$3,509,744	$3,560,198
Additions	171,542	184,106	81,083
Reclassification	0	622	0
Impairment/write-offs	-22,286	-99,460	-95,713
Sales/disposals	-100,542	-924,010	-35,824
Ending balance	2,719,716	2,671,002	3,509,744
Accumulated Depreciation:
Beginning balance	507,208	637,840	602,749
Depreciation expense	110,464	127,273	135,850
Reclassification	0	373	0
Impairment/write-offs	-22,286	-99,460	-91,594
Sales/disposals	-4,281	-158,818	-9,165
Ending balance	591,105	507,208	637,840
Investment in Real Estate, net	$2,128,611	$2,163,794	$2,871,904

Real_Estate_and_Accumulated_De2

Real Estate and Accumulated Depreciation (Details Textual)	12 Months Ended
	Dec. 31, 2014
Minimum [Member] | Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years 6 months
Minimum [Member] | Furniture, fixtures and equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Maximum [Member] | Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Maximum [Member] | Furniture, fixtures and equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years

Mortgage_Loans_and_Interest_Ea1

Mortgage Loans and Interest Earned on Real Estate (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Mortgage Loans and Interest Earned on Real Estate
Net carrying value	$3,553	$3,384	$3,233	$3,101
Ritz Carlton Key Biscayne Fl [Member]
Mortgage Loans and Interest Earned on Real Estate
Mortgage loans on real estate, prior liens	0
Mortgage loans on real estate, carrying amount of mortgages	11,075
Mortgage loans on real estate, principal amount of delinquent loans	0
Mortgage loans on real estate, foreclosures	0
Mortgage loans on real estate, accrued interest	0
Mortgage loans on real estate, interest income	0
Valuation allowance balance	-7,522
Valuation allowance, delinquent principal	0
Net carrying value	3,553
Net carrying value, delinquent principal	$0

Mortgage_Loans_and_Interest_Ea2

Mortgage Loans and Interest Earned on Real Estate (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Investment in Mortgage Loans:
Balance at January 1	$3,384	$3,233	$3,101
Principal payments	-246	-245	-246
Amortization of discounts/deferred income	0	0	0
Valuation allowance adjustments	415	396	378
Balance at December 31	$3,553	$3,384	$3,233