Apple Hospitality REIT (APLE) 10-Q 8 Aug 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 01, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Apple Hospitality REIT, Inc.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		174,670,726
Amendment Flag	false
Entity Central Index Key	1,418,121
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Investment in real estate, net of accumulated depreciation of $489,860 and $423,057, respectively	$ 3,603,695	$ 3,641,767
Cash and cash equivalents	21,614	0
Restricted cash-furniture, fixtures and other escrows	20,729	22,651
Due from third party managers, net	45,093	24,743
Other assets, net	34,335	33,614
Total Assets	3,725,466	3,722,775
Liabilities
Revolving credit facility	155,600	114,800
Term loans	470,411	421,444
Mortgage debt	396,641	461,859
Accounts payable and other liabilities	77,245	77,614
Total Liabilities	1,099,897	1,075,717
Shareholders' Equity
Preferred stock, authorized 30,000,000 shares; none issued and outstanding	0	0
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 174,670,726 and 174,368,340 shares, respectively	3,506,613	3,500,584
Accumulated other comprehensive loss	(14,252)	(2,057)
Distributions greater than net income	(866,792)	(851,469)
Total Shareholders' Equity	2,625,569	2,647,058
Total Liabilities and Shareholders' Equity	$ 3,725,466	$ 3,722,775

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Investment in real estate accumulated depreciation (in Dollars)	$ 489,860	$ 423,057
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	800,000,000	800,000,000
Common stock, shares issued	174,670,726	174,368,340
Common stock, shares outstanding	174,670,726	174,368,340

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Room	$ 237,340	$ 214,991	$ 443,490	$ 407,004
Other	20,296	19,383	38,633	37,722
Total revenue	257,636	234,374	482,123	444,726
Expenses:
Operating	61,459	57,152	118,288	111,757
Hotel administrative	18,857	17,408	37,055	34,564
Sales and marketing	19,896	17,880	37,915	34,978
Utilities	7,719	7,559	15,319	15,717
Repair and maintenance	9,605	9,357	18,689	18,526
Franchise fees	10,933	9,887	20,378	18,709
Management fees	8,947	8,085	16,984	15,590
Property taxes, insurance and other	13,076	11,716	25,528	23,277
Ground lease	2,506	2,507	4,972	5,008
General and administrative	5,060	3,699	9,888	9,246
Transaction costs	1,116	5,825	1,409	7,049
Depreciation	33,824	31,135	67,308	61,854
Total expenses	192,998	182,210	373,733	356,275
Operating income	64,638	52,164	108,390	88,451
Interest and other expense, net	(9,560)	(7,226)	(18,363)	(14,963)
Gain (loss) on sale of real estate	0	(271)	0	15,358
Income before income taxes	55,078	44,667	90,027	88,846
Income tax expense	(360)	(422)	(623)	(734)
Net income	54,718	44,245	89,404	88,112
Other comprehensive income (loss):
Unrealized loss on interest rate derivatives	(5,501)	(185)	(12,195)	(459)
Cash flow hedge losses reclassified to earnings	0	785	0	785
Comprehensive income	$ 49,217	$ 44,845	$ 77,209	$ 88,438
Basic and diluted net income per common share (in Dollars per share)	$ 0.31	$ 0.24	$ 0.51	$ 0.47
Weighted average common shares outstanding - basic and diluted (in Shares)	174,667	185,351	174,667	185,896

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 89,404	$ 88,112
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	67,308	61,854
Gain on sale of real estate	0	(15,358)
Other non-cash expenses, net	3,233	3,988
Changes in operating assets and liabilities:
Increase in due from third party managers, net	(20,350)	(18,940)
Increase in other assets, net	(1,552)	(2,520)
Decrease in accounts payable and other liabilities	(1,373)	(319)
Net cash provided by operating activities	136,670	116,817
Cash flows from investing activities:
Acquisition of hotel properties, net	0	(42,974)
Deposits and other disbursements for potential acquisitions	(503)	(325)
Capital improvements and development costs	(35,488)	(29,177)
Decrease in capital improvement reserves	1,611	6,971
Net proceeds from sale of real estate	0	203,504
Net cash provided by (used in) investing activities	(34,380)	137,999
Cash flows from financing activities:
Repurchases of common shares	(361)	(215,422)
Repurchases of common shares to satisfy employee withholding requirements	(459)	0
Distributions paid to common shareholders	(104,713)	(124,238)
Net proceeds from revolving credit facility	40,800	5,700
Proceeds from term loans	50,000	212,500
Repayment of term loan	0	(100,000)
Proceeds from mortgage debt	24,000	38,000
Payments of mortgage debt	(86,881)	(64,357)
Financing costs	(3,062)	(6,999)
Net cash used in financing activities	(80,676)	(254,816)
Increase in cash and cash equivalents	21,614	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	21,614	0
Supplemental cash flow information:
Interest paid	19,620	15,903
Supplemental disclosure of noncash investing and financing activities:
Accrued distribution to common shareholders	$ 17,451	$ 17,560

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1. Organization and Summary of Significant Accounting Policies Organization Apple Hospitality REIT, Inc., together with its wholly owned subsidiaries (the “Company”), is a Virginia corporation that has elected to be treated as a real estate investment trust (“REIT”) for federal income tax purposes. The Company is a self-advised REIT that invests in income-producing real estate, primarily in the lodging sector, in the United States. The Company’s fiscal year end is December 31. The Company has no foreign operations or assets and its operating structure includes only one reportable segment. The consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated. Although the Company has interests in potential variable interest entities through its purchase commitments, it is not the primary beneficiary as the Company does not have any elements of power in the decision making process of these entities, and therefore does not consolidate the entities. As of June 30, 2016, the Company owned 179 hotels with an aggregate of 22,961 rooms located in 32 states. On May 18, 2015, the Company’s common shares were listed and began trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “APLE” (the “Listing”). In connection with the Listing, effective May 18, 2015, the Company completed a 50% reverse share split. As a result of the reverse share split, every two common shares were converted into one common share. All common shares and per share amounts for all periods presented have been adjusted to reflect the reverse share split. See Note 8 for additional information about the reverse share split. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with the rules and regulations for reporting on Form 10-Q. Accordingly, they do not include all of the information required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These unaudited financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in its 2015 Annual Report on Form 10-K. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of the results that may be expected for the twelve month period ending December 31, 2016. Use of Estimates The preparation of the financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Reclassifications Certain prior period amounts in the consolidated financial statements have been reclassified to conform to the current period presentation with no effect on previously reported net income, shareholders’ equity or cash flows. Comprehensive Income Comprehensive income includes net income and other comprehensive income (loss), which is comprised of unrealized losses and other adjustments resulting from hedging activity. Net Income Per Common Share Basic net income per common share is computed based upon the weighted average number of shares outstanding during the period. Diluted net income per common share is calculated after giving effect to all potential common shares that were dilutive and outstanding for the period. There were no potential common shares with a dilutive effect for the three and six months ended June 30, 2016 and 2015. As a result, basic and dilutive net income per common share were the same. Accounting Standards Recently Issued In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting,

Merger Agreement with Apple REI

Merger Agreement with Apple REIT Ten, Inc.	6 Months Ended
	Jun. 30, 2016
Disclosure Text Block Supplement [Abstract]
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	2. Merger Agreement with Apple REIT Ten, Inc. On April 13, 2016, the Company, Apple REIT Ten, Inc. (“Apple Ten”) and 34 Consolidated, Inc., a wholly-owned subsidiary of the Company (“Acquisition Sub”), entered into an Agreement and Plan of Merger, as amended on July 13, 2016 (the “Merger Agreement”). The terms and conditions of the Merger Agreement provide that Apple Ten will merge with and into Acquisition Sub, with Acquisition Sub being the surviving corporation in the merger and remaining a wholly-owned subsidiary of the Company (the “merger”). Acquisition Sub was formed solely for the purpose of engaging in the merger and has not conducted any prior activities. As of June 30, 2016, Apple Ten owned 56 hotels with 7,209 rooms. Under the terms of the Merger Agreement, each issued and outstanding unit of Apple Ten (consisting of a common share and related Series A preferred share) (each, an “Apple Ten unit”), other than those Apple Ten units with respect to which statutory dissenters’ rights of appraisal have been properly exercised, perfected and not subsequently withdrawn or lost under Virginia law, will be converted into the right to receive (i) 0.522 (the “unit exchange ratio”) common shares of the Company and (ii) $1.00 in cash, and each issued and outstanding Series B convertible preferred share of Apple Ten will be converted into the right to receive (i) a number of common shares of the Company equal to 12.11423 multiplied by the unit exchange ratio and (ii) an amount in cash equal to 12.11423 multiplied by $1.00, resulting in the issuance of a total of approximately 48.7 million common shares of the Company and a total payment of approximately $93.4 million in cash to Apple Ten shareholders (assuming no exercise of dissenters’ rights). The current outstanding Company common shares will remain outstanding. As a result of the merger, the Company, through its wholly-owned subsidiary, will assume all of Apple Ten’s assets and liabilities at closing, which include approximately $262 million of debt as of June 30, 2016. If the merger closes, the advisory and related party arrangements with respect to Apple Ten and its advisors, as described in more detail in Note 7, will terminate. The merger is subject to approval by Apple Ten shareholders and the proposed issuance of common shares by the Company in the merger is subject to approval by the Company’s shareholders. In addition to the shareholder approvals, the merger is subject to other customary closing conditions, therefore there is no assurance that the merger will occur. Shareholder meetings for each company are scheduled for August 31, 2016. All costs related to the merger are being expensed in the period they are incurred and are included in transaction costs in the Company’s consolidated statements of operations. In connection with these activities, the Company incurred approximately $1.2 million in expenses for the six months ended June 30, 2016, and anticipates that the Company’s total merger costs will be approximately $4 million.

Investment in Real Estate

Investment in Real Estate	6 Months Ended
	Jun. 30, 2016
Real Estate [Abstract]
Real Estate Disclosure [Text Block]	3. Investment in Real Estate The Company’s investment in real estate consisted of the following (in thousands): June 30, December 31, 2016 2015 Land $ 561,630 $ 561,630 Building and Improvements 3,216,474 3,200,918 Furniture, Fixtures and Equipment 306,619 293,444 Franchise Fees 8,832 8,832 4,093,555 4,064,824 Less Accumulated Depreciation (489,860 ) (423,057 ) Investment in Real Estate, net $ 3,603,695 $ 3,641,767 As of June 30, 2016, the Company owned 179 hotels with an aggregate of 22,961 rooms located in 32 states. There were no acquisitions during the six month period ended June 30, 2016. During the six month period ended June 30, 2015, the Company acquired two hotels. The following table sets forth the location, brand, manager, date acquired, number of rooms and gross purchase price for each hotel acquired during the six months ended June 30, 2015. All dollar amounts are in thousands. City State Brand Manager Date Acquired Rooms Gross Purchase Price (1) Fort Lauderdale FL Hampton Inn LBA 6/23/2015 156 $ 23,000 Cypress CA Hampton Inn Dimension 6/29/2015 110 19,800 266 $ 42,800 (1) The Company leases all of its hotels to its wholly-owned taxable REIT subsidiary (or a subsidiary thereof) under master hotel lease agreements. As of June 30, 2016, the Company had outstanding contracts for the potential purchase of four additional hotels for a total purchase price of $81.1 million. The newly constructed Atlanta Home2 Suites was acquired on July 1, 2016, the same day the hotel opened for business. The remaining three hotels are under construction and are expected to be completed and opened for business over the next 12 months from June 30, 2016, at which time closing on these hotels is expected to occur. Although the Company is working towards acquiring these three hotels, there are many conditions to closing that have not yet been satisfied and there can be no assurance that a closing on these hotels will occur under the outstanding purchase contracts. The following table summarizes the location, brand, date of purchase contract, expected number of rooms, refundable (if the seller does not meet its obligations under the contract) contract deposits paid, and gross purchase price for each of the contracts outstanding at June 30, 2016. All dollar amounts are in thousands. Location Brand Date of Purchase Contract Rooms Refundable Deposits Gross Purchase Price Atlanta, GA (a) Home2 Suites 5/5/2015 128 $ 300 $ 24,600 Birmingham, AL (b)(c) Home2 Suites 8/28/2015 105 3 19,219 Birmingham, AL (b)(c) Hilton Garden Inn 8/28/2015 105 2 19,219 Fort Worth, TX (b) Courtyard 8/28/2015 124 5 18,034 462 $ 310 $ 81,072 (a) Newly constructed property was acquired on July 1, 2016, the same day the hotel opened for business. (b) As of June 30, 2016, these hotels were under construction. The table shows the expected number of rooms upon hotel completion and the expected franchise brands. Assuming all conditions to closing are met, the purchases of these hotels are expected to close over the next 12 months from June 30, 2016. If the seller meets all of the conditions to closing, the Company is obligated to specifically perform under the contract. As the property is under construction, at this time, the seller has not met all of the conditions to closing. (c) The Home2 Suites and Hilton Garden Inn hotels in Birmingham, AL are part of an adjoining two-hotel complex located on the same site. As there can be no assurance that all conditions to closing will be satisfied, the Company includes deposits paid for hotels under contract in other assets, net in the Company’s consolidated balance sheets, and in deposits and other disbursements for potential acquisitions in the Company’s consolidated statements of cash flows. The purchase price for the Atlanta Home2 Suites was funded through borrowings under the Company’s $540 million revolving credit facility and it is anticipated that the purchase price for the remaining outstanding contracts will be funded similarly if a closing occurs.

Dispositions

Dispositions	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	4. Dispositions During the six months ended June 30, 2015, the Company sold 19 properties in two separate transactions for a total sales price of approximately $208.5 million, resulting in a gain on sale of approximately $15.4 million, which is included in the Company’s consolidated statements of operations for the six months ended June 30, 2015. The proceeds from the sale transactions were used primarily to repay the outstanding balance under the Company’s revolving credit facility, with the increased availability used to fund hotel acquisitions during 2015. The Company’s consolidated statements of operations include operating income (loss) of approximately $(0.1) million and $2.0 million for the three and six months ended June 30, 2015 relating to results of operations for the 19 hotels for the respective periods of ownership. There were no dispositions during the six month period ended June 30, 2016.

Debt

Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	5. Debt $965 Million Credit Facility On May 18, 2015, the Company entered into an amendment and restatement of its unsecured $345 million credit facility, increasing the borrowing capacity to $965 million, reducing the annual interest rate and extending the maturity dates. The unsecured “$965 million credit facility” is comprised of (i) a $540 million revolving credit facility with an initial maturity date of May 18, 2019 (the “revolving credit facility”) and (ii) a $425 million term loan facility with a maturity date of May 18, 2020, consisting of three term loans, of which $212.5 million was funded on May 18, 2015, $110.0 million was funded on July 1, 2015, and $102.5 million was funded on August 14, 2015 (the “$425 million term loans”). Subject to certain conditions including covenant compliance and additional fees, the revolving credit facility maturity date may be extended one year and the amount of the total credit facility may be increased from $965 million to $1.25 billion. The Company may make voluntary prepayments in whole or in part, at any time. Interest payments on the $965 million credit facility are due monthly and the interest rate, subject to certain exceptions, is equal to an annual rate of the one-month LIBOR (the London Inter-Bank Offered Rate for a one-month term) plus a margin ranging from 1.50% to 2.30%, depending upon the Company’s leverage ratio, as calculated under the terms of the credit agreement. In conjunction with the $425 million term loans, the Company entered into two interest rate swap agreements, which effectively fix the interest rate on $322.5 million of the outstanding balance at approximately 3.10%, subject to adjustment based on the Company’s leverage ratio, through maturity. See Note 6 for more information on the interest rate swap agreements. The Company is also required to pay quarterly an unused facility fee at an annual rate of 0.20% or 0.30% on the unused portion of the revolving credit facility, based on the amount of borrowings outstanding during the quarter. $150 Million Term Loan Facility On April 8, 2016, the Company entered into an unsecured $150 million term loan facility with a syndicate of commercial banks (the “$150 million term loan facility”), consisting of a term loan of up to $50 million that will mature on April 8, 2021 (the “$50 million term loan”) and a term loan of up to $100 million that will mature on April 8, 2023 (the “$100 million term loan”). The Company initially borrowed $50 million under the $150 million term loan facility and may borrow the remaining $100 million at any time on or before October 5, 2016. The credit agreement contains requirements and covenants similar to the Company’s $965 million credit facility. The Company may make voluntary prepayments in whole or in part, at any time, subject to certain conditions. Interest payments on the $150 million term loan facility are due monthly and the interest rate is equal to an annual rate of the one-month LIBOR plus a margin ranging from 1.45% to 2.20% for the $50 million term loan and 1.80% to 2.60% for the $100 million term loan, depending upon the Company’s leverage ratio, as calculated under the terms of the credit agreement. The Company is also required to pay quarterly an unused fee at an annual rate of 0.25% on the unused portion of the $150 million term loan facility during the quarter. The Company also entered into two forward interest rate swap agreements, which beginning on September 30, 2016 will effectively fix the interest rate on the $50 million term loan and $100 million term loan at 2.54% and 3.13%, respectively, subject to adjustment based on the Company’s leverage ratio, through maturity. See Note 6 for more information on the interest rate swap agreements. Proceeds from the $150 million term loan facility have been and will be used to pay down outstanding balances under the Company’s revolving credit facility with the intent to use the increased availability to repay scheduled mortgage debt maturities within the next nine months. As of June 30, 2016 and December 31, 2015, the details of the Company’s revolving credit facility, $425 million term loans and $150 million term loan facility were as set forth below. All dollar amounts are in thousands. As of June 30, 2016 As of December 31, 2015 Maturity Date Outstanding Balance Interest Rate Outstanding Balance Interest Rate Revolving credit facility (1) 5/18/2019 $ 155,600 2.02 % (2) $ 114,800 1.98 % (2) Term loans $425 million term loans 5/18/2020 425,000 2.82 % (3) 425,000 2.81 % (3) $50 million term loan 4/8/2021 16,667 1.92 % (4) 0 - $100 million term loan 4/8/2023 33,333 2.27 % (4) 0 - Total term loans at stated value 475,000 425,000 Unamortized debt issuance costs (4,589 ) (3,556 ) Total term loans 470,411 421,444 Total revolving credit facility and term loans $ 626,011 $ 536,244 (1) Unamortized debt issuance costs related to the revolving credit facility totaled approximately $3.5 million and $4.0 million as of June 30, 2016 and December 31, 2015, respectively, and are included in other assets, net in the Company's consolidated balance sheets. (2) Annual variable interest rate at the balance sheet date. (3) Effective annual interest rate which includes the effect of interest rate swaps on $322.5 million of the outstanding loan balance, resulting in an annual fixed interest rate of approximately 3.10% on this portion of the debt, subject to adjustment based on the Company's leverage ratio. See Note 6 for more information on the interest rate swap agreements. Remaining portion is variable rate debt. (4) Annual variable interest rate at the balance sheet date. The Company has entered into two forward interest rate swap agreements, which beginning on September 30, 2016 will effectively fix the interest rate on the $50 million term loan and $100 million term loan at 2.54% and 3.13%, respectively, subject to adjustment based on the Company’s leverage ratio. See Note 6 for more information on the interest rate swap agreements. The credit agreements governing the $965 million credit facility and $150 million term loan facility contain mandatory prepayment requirements, customary affirmative covenants, negative covenants and events of default. The credit agreements require that the Company comply with various covenants, which include, among others, a minimum tangible net worth, maximum debt limits, minimum interest and fixed charge coverage ratios, limits on dividend payments and share repurchases and restrictions on certain investments. The Company was in compliance with the applicable covenants at June 30, 2016. Mortgage Debt As of June 30, 2016, the Company had approximately $399.6 million in outstanding property level debt secured by 31 properties, with maturity dates ranging from November 2016 to October 2032, stated interest rates ranging from 0% to 6.50% and effective interest rates ranging from 3.66% to 6.52%. The loans generally provide for monthly payments of principal and interest on an amortized basis. The loans are generally subject to defeasance or prepayment penalties if prepaid. The following table sets forth the hotel properties securing each loan, the interest rate, loan assumption or origination date, maturity date, the principal amount assumed or originated, and the outstanding balance prior to any fair value adjustments or debt issuance costs as of June 30, 2016 and December 31, 2015 for each of the Company’s debt obligations. All dollar amounts are in thousands. Location Brand Interest Rate (1) Loan Assumption or Origination Date Maturity Date Principal Assumed or Originated Outstanding balance as of June 30, 2016 Outstanding balance as of December 31, 2015 Austin, TX Homewood Suites 5.99 % 4/14/2009 (2) $ 7,556 $ 0 $ 6,255 Austin, TX Hampton Inn 5.95 % 4/14/2009 (2) 7,553 0 6,247 Hilton Head, SC Hilton Garden Inn 6.29 % 3/1/2014 (2) 5,557 0 5,226 Round Rock, TX Hampton Inn 5.95 % 3/6/2009 (2) 4,175 0 3,457 Highlands Ranch, CO Residence Inn 5.94 % 3/1/2014 (2) 10,494 0 10,118 Texarkana, TX Hampton Inn & Suites 6.90 % 1/31/2011 (2) 4,954 0 4,578 Bristol, VA Courtyard 6.59 % 11/7/2008 (2) 9,767 0 8,747 Oceanside, CA Residence Inn 4.24 % (3) 3/1/2014 (2) 15,662 0 15,090 Burbank, CA Residence Inn 4.24 % (3) 3/1/2014 (2) 23,493 0 22,635 Virginia Beach, VA Courtyard 6.02 % 3/1/2014 11/11/2016 13,931 13,246 13,399 Virginia Beach, VA Courtyard 6.02 % 3/1/2014 11/11/2016 16,813 15,986 16,172 Charlottesville, VA Courtyard 6.02 % 3/1/2014 11/11/2016 14,892 14,159 14,323 Carolina Beach, NC Courtyard 6.02 % 3/1/2014 11/11/2016 12,009 11,419 11,551 Winston-Salem, NC Courtyard 5.94 % 3/1/2014 12/8/2016 7,458 7,151 7,220 Lewisville, TX (4) Hilton Garden Inn 0.00 % 10/16/2008 12/31/2016 3,750 2,000 2,000 Savannah, GA Hilton Garden Inn 5.87 % 3/1/2014 2/1/2017 4,977 4,605 4,688 Greenville, SC Residence Inn 6.03 % 3/1/2014 2/8/2017 6,012 5,751 5,810 Birmingham, AL Homewood Suites 6.03 % 3/1/2014 2/8/2017 10,908 10,435 10,541 Jacksonville, FL Homewood Suites 6.03 % 3/1/2014 2/8/2017 15,856 15,169 15,322 Irving, TX Homewood Suites 5.83 % 12/29/2010 4/11/2017 6,052 5,167 5,260 Duncanville, TX Hilton Garden Inn 5.88 % 10/21/2008 5/11/2017 13,966 12,265 12,401 Grapevine, TX Hilton Garden Inn 4.89 % 8/29/2012 9/1/2022 11,810 10,849 10,986 Collegeville/Philadelphia, PA Courtyard 4.89 % 8/30/2012 9/1/2022 12,650 11,620 11,768 Hattiesburg, MS Courtyard 5.00 % 3/1/2014 9/1/2022 5,732 5,427 5,495 Rancho Bernardo, CA Courtyard 5.00 % 3/1/2014 9/1/2022 15,060 14,258 14,436 Kirkland, WA Courtyard 5.00 % 3/1/2014 9/1/2022 12,145 11,498 11,642 Seattle, WA Residence Inn 4.96 % 3/1/2014 9/1/2022 28,269 26,754 27,091 Anchorage, AK Embassy Suites 4.97 % 9/13/2012 10/1/2022 23,230 21,407 21,675 Somerset, NJ Courtyard 4.73 % 3/1/2014 10/6/2022 8,750 8,269 8,376 Tukwila, WA Homewood Suites 4.73 % 3/1/2014 10/6/2022 9,431 8,913 9,028 Prattville, AL Courtyard 4.12 % 3/1/2014 2/6/2023 6,596 6,210 6,296 Huntsville, AL Homewood Suites 4.12 % 3/1/2014 2/6/2023 8,306 7,820 7,928 San Diego, CA Residence Inn 3.97 % 3/1/2014 3/6/2023 18,600 17,497 17,741 Miami, FL Homewood Suites 4.02 % 3/1/2014 4/1/2023 16,677 15,699 15,915 New Orleans, LA Homewood Suites 4.36 % 7/17/2014 8/11/2024 27,000 25,894 26,204 Westford, MA Residence Inn 4.28 % 3/18/2015 4/11/2025 10,000 9,741 9,854 Dallas, TX Hilton 3.95 % 5/22/2015 6/1/2025 28,000 27,503 27,754 Syracuse, NY Courtyard 4.75 % 10/16/2015 8/1/2024 (5) 11,199 11,033 11,158 Syracuse, NY Residence Inn 4.75 % 10/16/2015 8/1/2024 (5) 11,199 11,033 11,158 Boise, ID Hampton Inn & Suites 4.37 % (6) 5/26/2016 6/11/2026 24,000 24,000 0 Malvern/Philadelphia, PA Courtyard 6.50 % 11/30/2010 10/1/2032 (7) 7,894 6,797 6,912 $ 512,383 399,575 462,457 Unamortized fair value adjustment of assumed debt 118 1,284 Unamortized debt issuance costs (3,052 ) (1,882 ) Total $ 396,641 $ 461,859 (1) Unless otherwise noted, these rates are the rates per the loan agreement. For loans assumed, the Company adjusted the interest rates per the loan agreement to market rates and is amortizing the adjustments to interest expense over the life of the loan. (2) Loans were repaid in full during the six months ended June 30, 2016. (3) The annual fixed interest rate gives effect to an interest rate swap agreement assumed by the Company with the mortgage debt. (4) Unsecured loan. (5) Outstanding principal balance is callable by lender or prepayable by the Company on August 1, 2019. (6) In May 2016, the Company originated new mortgage debt secured by this hotel and entered into an interest rate swap agreement which, beginning on June 11, 2016, fixes the interest rate on this debt. The annual fixed interest rate gives effect to the interest rate swap agreement. (7) Outstanding principal balance is callable by lender or prepayable by the Company beginning on October 1, 2016, and every five years thereafter until maturity, subject to certain conditions. The aggregate amounts of principal payable under the Company’s total debt obligations (including mortgage debt, the revolving credit facility and term loans), for the five years subsequent to June 30, 2016 and thereafter are as follows (in thousands): 2016 (July - December) $ 74,746 2017 59,690 2018 7,274 2019 183,341 2020 432,331 Thereafter 272,793 1,030,175 Unamortized fair value adjustment of assumed debt 118 Unamortized debt issuance costs related to term loans and mortgage debt (7,641 ) Total $ 1,022,652

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	6. Fair Value of Financial Instruments Except as described below, the carrying value of the Company’s financial instruments approximates fair value due to the short-term nature of these financial instruments. Debt The Company estimates the fair value of its debt by discounting the future cash flows of each instrument at estimated market rates consistent with the maturity of a debt obligation with similar credit terms and credit characteristics, which are Level 3 inputs under the fair value hierarchy. Market rates take into consideration general market conditions and maturity. As of June 30, 2016 and December 31, 2015, both the carrying value and estimated fair value of the Company’s debt were approximately $1.0 billion. Both the carrying value and estimated fair value of the Company’s debt (as discussed above) is net of unamortized debt issue costs related to term loans and mortgage debt for each specific year. Derivative Instruments Currently, the Company uses interest rate swaps to manage its interest rate risks on variable rate debt. Throughout the terms of these interest rate swaps, the Company pays a fixed rate of interest and receives a floating rate of interest equal to the one month LIBOR. The swaps are designed to effectively fix the interest payments on variable rate debt instruments. These instruments are recorded at fair value and are included in accounts payable and other liabilities in the Company’s consolidated balance sheets. The fair values of the Company’s interest rate swap agreements are determined using the market standard methodology of netting the discounted future fixed cash payments and the discounted expected variable cash receipts, which is considered a Level 2 measurement under the fair value hierarchy. The variable cash receipts are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. The following table sets forth information for each of the Company’s interest rate swap agreements outstanding as of June 30, 2016 and December 31, 2015. All dollar amounts are in thousands. Fair Value (Liability) Hedge Type Notional Amount at June 30, 2016 Assumption or Origination Date Maturity Date Swap Fixed Interest Rate June 30, 2016 December 31, 2015 Non-designated hedge (1) $ 0 3/1/2014 1/13/2017 1.10 % $ 0 $ (134 ) Cash flow hedge (2) 212,500 5/21/2015 5/18/2020 1.58 % (7,035 ) (1,233 ) Cash flow hedge (2) 110,000 7/2/2015 5/18/2020 1.62 % (3,809 ) (824 ) Cash flow hedge (2) 50,000 4/7/2016 3/31/2021 1.09 % (567 ) 0 Cash flow hedge (2) 100,000 4/7/2016 3/31/2023 1.33 % (1,854 ) 0 Cash flow hedge (3) 24,000 5/9/2016 6/11/2026 1.72 % (987 ) 0 $ (14,252 ) $ (2,191 ) (1) On June 15, 2016, the Company repaid the related mortgage note and terminated this swap agreement. As part of this termination, the Company paid the fair value of the swap, approximately $0.1 million, to satisfy the outstanding liability at the time of termination. (2) In May 2015 and July 2015, the Company entered into interest rate swap agreements with a commercial bank for the same notional amounts as its $212.5 million term loan and its $110 million term loan. In April 2016, the Company entered into forward interest rate swap agreements with a commercial bank, which beginning on September 30, 2016 will effectively fix the interest rate on the $50 million term loan and $100 million term loan. See Note 5 for more information on the term loans. Each of these swaps has been designated as a cash flow hedge for accounting purposes. (3) In May 2016, the Company entered into an interest rate swap agreement with a commercial bank for the same notional amount as a $24 million mortgage loan, which has been designated as a cash flow hedge for accounting purposes. See Note 5 for more information on the mortgage debt. The Company assesses, both at inception and on an ongoing basis, the effectiveness of its qualifying cash flow hedges. For swaps designated as cash flow hedges, the changes in fair value on the effective portion are recorded to accumulated other comprehensive income (loss), a component of shareholders’ equity in the Company’s consolidated balance sheets. Changes in fair value on the ineffective portion of all designated hedges are recorded to interest and other expense, net in the Company’s consolidated statements of operations. For terminated or matured swaps that were not designated as cash flow hedges (including four swaps, of which two matured or terminated in the first quarter of 2015, one terminated in the second quarter of 2015 and one terminated in the second quarter of 2016), the changes in fair value were recorded to interest and other expense, net in the Company’s consolidated statements of operations. Other than the fair value changes associated with the terminated interest rate swap for which hedge accounting was discontinued during the first half of 2015 as discussed below, fair value changes for derivatives that were not in qualifying hedge relationships for the three and six months ended June 30, 2016 and 2015 were not material. To adjust qualifying cash flow hedges to their fair value and recognize the impact of hedge accounting, the Company recorded unrealized losses of approximately $5.5 million and $0.2 million during the three months ended June 30, 2016 and 2015, respectively, and unrealized losses of approximately $12.2 million and $0.5 million during the six months ended June 30, 2016 and 2015, respectively, to other comprehensive income (loss). There was no ineffectiveness recorded on designated cash flow hedges during the three and six months ended June 30, 2016 and 2015. Amounts reported in accumulated other comprehensive loss will be reclassified to interest and other expense, net as interest payments are made on the Company’s variable-rate derivatives. The Company reclassified unrealized losses of approximately $1.0 million and $0.3 million during the three months ended June 30, 2016 and 2015 and unrealized losses of approximately $1.9 million and $0.6 million during the six months ended June 30, 2016 and 2015 from accumulated other comprehensive loss to interest and other expense, net. Approximately $4.8 million of the net unrealized losses included in accumulated other comprehensive loss at June 30, 2016 is expected to be reclassified into interest and other expense, net within the next 12 months. Also, during the second quarter of 2015, the Company reclassified $0.8 million of unrealized losses from accumulated other comprehensive loss to net income which was associated with the $100 million terminated swap agreement as discussed below. Amounts recorded to accumulated other comprehensive loss totaled approximately $14.3 million and $2.1 million as of June 30, 2016 and December 31, 2015, respectively. Terminated Interest Rate Swap In May 2015, concurrent with the Listing, the Company amended and restated its credit facility, at which time it repaid its $100 million term loan and terminated its $100 million interest rate swap, which was scheduled to mature in March 2019. At inception, this swap was designated as a cash flow hedge for accounting purposes, and from inception of the swap through March 2, 2015, the swap was a fully effective hedge, and therefore the changes in the fair value through this date were recorded in accumulated other comprehensive loss, a component of shareholders’ equity in the Company’s consolidated balance sheets, which totaled $0.8 million as of March 2, 2015. In the first quarter of 2015, the Company announced its intent to pursue a listing of its common shares on a national securities exchange and to enter into a modified credit facility and, as a result of this decision, it was determined that the cash flows being hedged were no longer probable of occurring through the maturity date of the swap. Therefore, the Company discontinued hedge accounting, and subsequent changes in fair value were recorded to interest and other expense, net in the Company’s consolidated statements of operations. The termination of the swap in May 2015 resulted in a cash settlement totaling approximately $1.1 million, the fair value at the time of settlement. As a result, the Company realized a loss of approximately $1.1 million during the six months ended June 30, 2015 related to the swap termination, of which approximately $0.8 million previously recorded to accumulated other comprehensive loss ($0.3 million was recorded during the first quarter of 2015) was reclassified as an increase to transaction costs with the remaining amount recorded to interest and other expense, net in the Company’s consolidated statements of operations.

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	7. Related Parties The Company has, and is expected to continue to engage in, transactions with related parties. These transactions cannot be construed to be at arm’s length and the results of the Company’s operations may be different if these transactions were conducted with non-related parties. The Company’s independent members of the Board of Directors oversee and annually review the Company’s related party relationships (including the relationships discussed in this section) and are required to approve any significant modifications to the existing relationships, as well as any new significant related party transactions. The Board of Directors is not required to approve each individual transaction that falls under the related party relationships. However, under the direction of the Board of Directors, at least one member of the Company’s senior management team approves each related party transaction. As of June 30, 2016, there have been no changes to the contracts and relationships discussed in the Company’s 2015 Annual Report on Form 10-K, other than the Merger Agreement and related transactions discussed herein. Below is a summary of the related party relationships in effect and transactions that occurred during the six months ended June 30, 2016 and 2015. Glade M. Knight, Executive Chairman of the Company, is currently Chairman and Chief Executive Officer of Apple Ten. Apple Ten’s advisors, Apple Ten Advisors, Inc. (“A10A”) and Apple Realty Group, Inc., formerly known as Apple Suites Realty Group, Inc. (“ARG”), are wholly owned by Mr. Knight. Mr. Knight is also a partner and Chief Executive Officer of Energy 11 GP, LLC, which is the general partner of Energy 11, L.P. Justin G. Knight, the Company’s President and Chief Executive Officer, and a member of the Company’s Board of Directors, also serves as President of Apple Ten. Subcontract Agreement with A10A The Company has a subcontract agreement with A10A. Under the agreement, A10A has subcontracted its obligations under its advisory agreement with Apple Ten to the Company. The Company provides to Apple Ten the advisory services contemplated under the A10A advisory agreement and receives an annual fee ranging from 0.1% to 0.25% (based on Apple Ten’s operating results) of total equity proceeds received by Apple Ten, and is reimbursed by Apple Ten for the use of the Company’s employees and corporate office and other costs associated with the advisory agreement, as described below. Total advisory fees earned by the Company from Apple Ten for the six months ended June 30, 2016 and 2015 totaled approximately $1.2 million in each period, and are recorded as a reduction to general and administrative expenses in the Company’s consolidated statements of operations. Support Services to Apple Ten, A10A and ARG The Company provides support services to Apple Ten and its advisors, A10A and ARG, which have agreed to reimburse the Company for its costs in providing these services. Total reimbursed costs received by the Company from these entities for the six months ended June 30, 2016 and 2015 totaled approximately $1.7 million and $1.3 million, respectively, and are recorded as a reduction to general and administrative expenses in the Company’s consolidated statements of operations. As of June 30, 2016 and December 31, 2015, total amounts due from Apple Ten, A10A and ARG for reimbursements under the cost sharing structure totaled approximately $0.1 million and $0.3 million, respectively, and are included in other assets, net in the Company’s consolidated balance sheets. Under this cost sharing structure, amounts reimbursed to the Company include both compensation for personnel and office related costs (including office rent, utilities, office supplies, etc.) used by each company. The amounts reimbursed to the Company are based on a good faith estimate of the proportionate amount of time incurred by the Company’s employees on behalf of Apple Ten, A10A and ARG. As part of the cost sharing arrangements, certain day-to-day transactions may result in amounts due to or from the Company, Apple Ten, A10A and ARG. To efficiently manage cash disbursements, the Company, Apple Ten, A10A or ARG may make payments for any or all of the related companies. Under the cash management process, each of the companies may advance or defer up to $1 million at any time. Each month, any outstanding amounts are settled among the affected companies. This process allows each company to minimize its cash on hand, which, in turn, reduces the cost of each company’s credit facility. The amounts outstanding at any point in time are not significant to any of the companies. Apple Air Holding, LLC (“Apple Air”) The Company, through a jointly-owned subsidiary, Apple Air, owns a Learjet used primarily for acquisition, asset management, renovation and public relations purposes. Apple Air is jointly owned by the Company (74%) and Apple Ten (26%), with Apple Ten’s ownership interest accounted for as a minority interest, which as of June 30, 2016 and December 31, 2015, totaled approximately $0.8 and $0.7 million, respectively, and is included in accounts payable and other liabilities in the Company’s consolidated balance sheets. The aircraft is also leased to affiliates of the Company based on third party rates, which was not significant during the reporting periods. The Company also utilizes aircraft, owned through two entities, one of which is owned by the Company’s Executive Chairman, and the other, its President and Chief Executive Officer, for acquisition, asset management, renovation and public relations purposes, and reimburses these entities at third party rates. Total amounts incurred during the six months ended June 30, 2016 and 2015 were approximately $0.1 million in each period related to aircraft owned through these two entities and are included in general and administrative expenses in the Company’s consolidated statements of operations. Merger Agreement and Related Transactions Concurrently with the execution of the Merger Agreement, as discussed in Note 2, on April 13, 2016, the Company, Apple Ten, A10A and ARG entered into a termination agreement (the “termination agreement”). Pursuant to the terms of the termination agreement, the existing advisory agreement, property acquisition/disposition agreement and subcontract agreement with respect to the Company, Apple Ten, A10A and ARG, discussed above, will be terminated effective immediately after the effective time of the merger, and no fees will be payable as a result of the termination of these agreements. As a result, if the merger is completed, Apple Ten would no longer pay the various fees currently paid to the Company under the subcontract agreement and A10A would no longer subcontract its advisory services to the Company. Additionally, Apple Ten would no longer have any advisory contracts with A10A or ARG after the merger. Both the advisory fees and reimbursed costs received by the Company from Apple Ten are recorded as general and administrative expense by Apple Ten and reductions to general and administrative expense by the Company and, therefore, the termination of the subcontract agreement will have no financial impact on the combined company after the effective time of the merger. Also under the Merger Agreement, Apple Ten’s 26% interest in Apple Air would be one of the assets acquired by the Company if the merger is completed. Under the proposed merger, if completed, the officers and Executive Chairman of the Company would receive a combined 3.1 million common shares of the Company and $6.0 million in exchange for their ownership interests in Apple Ten, including amounts assigned to others.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	8. Shareholders’ Equity Distributions For the three months ended June 30, 2016 and 2015, the Company paid distributions of $0.30 and $0.3267 per common share for a total of $52.4 million and $60.8 million, respectively. For the six months ended June 30, 2016 and 2015, the Company paid distributions of $0.60 and $0.6667 per common share for a total of $104.7 million and $124.2 million, respectively. Additionally, in June 2016, the Company declared a monthly distribution of $0.10 per common share, totaling $17.5 million, which was recorded as a payable as of June 30, 2016 and paid in July 2016. As of December 31, 2015, a monthly distribution of $0.10 per common share, totaling $17.4 million, was recorded as a payable and paid in January 2016. These accrued distributions were included in accounts payable and other liabilities in the Company’s consolidated balance sheets. The Company’s current annual distribution rate, payable monthly, is $1.20 per common share. On April 23, 2015, the Company’s Board of Directors, in anticipation of the Listing, reduced the annual distribution rate from $1.36 per common share to the current annual distribution rate, effective with the June 2015 distribution. Reverse Share Split In connection with the Listing, effective May 18, 2015, the Company completed a 50% reverse share split. As a result of the reverse share split, every two common shares were converted into one common share, reducing the number of issued and outstanding common shares from 372.2 million to 186.1 million on the effective date. The common shares have the same respective voting rights, preferences and relative, participating, optional or other rights, and qualifications, limitations or restrictions as set forth in the amended and restated articles of incorporation in effect immediately prior to the effective date of the reverse share split. All common shares and per share amounts for all periods presented have been adjusted to reflect the reverse share split. Share Repurchases In connection with the Listing, the Board of Directors approved a modified "Dutch Auction" tender offer to purchase up to $200 million in value of the Company’s common shares (the “Tender Offer”), which commenced on May 18, 2015 and expired on June 22, 2015. Upon expiration, the Company accepted for purchase approximately 10.5 million of its common shares, at a purchase price of $19.00 per common share, for an aggregate purchase price of approximately $200 million, excluding fees and expenses related to the Tender Offer. The total common shares accepted for purchase represented approximately 97% of the common shares properly tendered and not properly withdrawn at the purchase price of $19.00 per common share. Payment for shares accepted for purchase occurred on June 24, 2015, and the shares purchased were retired. The Company incurred approximately $0.6 million in costs related to the Tender Offer which were recorded as a reduction to shareholders’ equity in the Company’s consolidated balance sheets. The Company funded the Tender Offer and all related costs primarily from borrowings under its $965 million credit facility. During 2015, the Company’s Board of Directors authorized a share repurchase program of up to $500 million through July 7, 2016. Effective July 8, 2015, as part of the implementation of the program, the Company established a written trading plan (“Plan”) that provided for share repurchases in open market transactions that was intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. To be able to more effectively respond to market conditions, the Company terminated the Plan in January 2016. From implementation through the termination of the Plan, the Company purchased approximately 1.3 million of its common shares under the Plan, at a weighted-average market purchase price of approximately $17.62 per common share, for an aggregate purchase price of approximately $22.4 million, including the purchase of approximately 20,000 of its common shares in January 2016, at a weighted-average market purchase price of approximately $18.10 per common share for an aggregate purchase price of approximately $0.4 million. In June 2016, the Board of Directors approved a one-year extension of the program authorizing share repurchases up to an aggregate of $475 million. The Company plans to continue to consider opportunistic share repurchases under its $475 million share repurchase program. The program may be suspended or terminated at any time by the Company. If not terminated earlier, the program will end in July 2017. During the six months ended June 30, 2015, the Company redeemed approximately 0.8 million common shares at a price of $18.40 per common share, or a total of approximately $14.9 million under its previous share redemption program that was terminated following the April 2015 redemption.

Compensation Plans

Compensation Plans	6 Months Ended
	Jun. 30, 2016
Disclosure Text Block Supplement [Abstract]
Compensation and Employee Benefit Plans [Text Block]	9. Compensation Plans In May 2014, the Board of Directors adopted the Company’s 2014 Omnibus Incentive Plan (the “Omnibus Plan”), and in May 2015, the Company’s shareholders approved the Omnibus Plan. In February 2016, the Compensation Committee of the Board of Directors (“Compensation Committee”) approved an executive incentive plan (“2016 Incentive Plan”), effective January 1, 2016, and established incentive goals for 2016. Under the 2016 Incentive Plan, participants are eligible to receive a bonus based on the achievement of certain 2016 performance measures, consisting of operational performance metrics (including targeted Modified Funds from Operations per share, Comparable Hotels revenue per available room growth and Adjusted Hotel EBITDA Margin growth) and shareholder return metrics (including shareholder return relative to a peer group and total shareholder return). The components of the operational performance metrics and shareholder return metrics are equally weighted and the two metrics each account for 50% of the total target incentive compensation. The range of potential aggregate payouts under the 2016 Incentive Plan is $0 - $15 million. Based on performance through June 30, 2016, the Company has accrued approximately $3.6 million as a liability for potential executive bonus payments under the 2016 Incentive Plan, which is included in accounts payable and other liabilities in the Company’s consolidated balance sheets as of June 30, 2016. Compensation expense recognized by the Company under the 2016 Incentive Plan is included in general and administrative expense in the Company’s consolidated statements of operations and totaled approximately $1.7 million and $3.6 million for the three and six months ended June 30, 2016, respectively. Approximately 25% of awards under the 2016 Incentive Plan, if any, will be paid in cash, and 75% will be issued in stock under the Omnibus Plan, two-thirds of which would vest at the end of 2016 and one-third of which would vest at the end of 2017. During 2015, a comparable executive incentive plan was approved by the Compensation Committee (“2015 Incentive Plan”) that was effective January 1, 2015, and the Company recorded approximately $1.0 million and $3.2 million in general and administrative expense in the Company’s consolidated statements of operations for the three and six months ended June 30, 2015. Share Based Compensation Awards During the first quarter of 2016, the Company issued 304,345 common shares earned under the 2015 Incentive Plan (net of shares surrendered to satisfy tax withholding obligations) at $19.87 per share, or approximately $6.0 million in share based compensation. Of the total shares issued, 146,279 shares were unrestricted at the time of issuance, and the remaining 158,066 restricted shares will vest on December 31, 2016. Of the total 2015 share based compensation, approximately $4.5 million was recorded as a liability as of December 31, 2015, which was included in accounts payable and other liabilities in the Company’s consolidated balance sheets and the remaining $1.6 million, which is subject to vesting on December 31, 2016, will be recognized as compensation expense proportionately throughout 2016. For the three and six months ended June 30, 2016, the Company recognized approximately $0.4 million and $0.8 million, respectively, of share based compensation expense related to the unvested restricted share awards.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	10. Subsequent Events In July 2016, the Company paid approximately $17.5 million, or $0.10 per outstanding common share, in distributions to its common shareholders. In July 2016, the Company declared a regular monthly cash distribution of $0.10 per common share for the month of August 2016. The distribution is payable on August 15, 2016. On July 1, 2016, the Company closed on the purchase of a newly constructed 128-room Home2 Suites in Atlanta, Georgia, the same day the hotel opened for business. The gross purchase price was $24.6 million. On July 19, 2016, one lawsuit was filed against the Company, Apple Ten and Apple Ten’s Board of Directors, and certain officers of each company in connection with the proposed merger. For additional information about the lawsuit, refer to Part II, Item 1, Legal Proceedings, appearing elsewhere in this Quarterly Report on Form 10-Q.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Organization Apple Hospitality REIT, Inc., together with its wholly owned subsidiaries (the “Company”), is a Virginia corporation that has elected to be treated as a real estate investment trust (“REIT”) for federal income tax purposes. The Company is a self-advised REIT that invests in income-producing real estate, primarily in the lodging sector, in the United States. The Company’s fiscal year end is December 31. The Company has no foreign operations or assets and its operating structure includes only one reportable segment. The consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated. Although the Company has interests in potential variable interest entities through its purchase commitments, it is not the primary beneficiary as the Company does not have any elements of power in the decision making process of these entities, and therefore does not consolidate the entities. As of June 30, 2016, the Company owned 179 hotels with an aggregate of 22,961 rooms located in 32 states. On May 18, 2015, the Company’s common shares were listed and began trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “APLE” (the “Listing”). In connection with the Listing, effective May 18, 2015, the Company completed a 50% reverse share split. As a result of the reverse share split, every two common shares were converted into one common share. All common shares and per share amounts for all periods presented have been adjusted to reflect the reverse share split. See Note 8 for additional information about the reverse share split.
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with the rules and regulations for reporting on Form 10-Q. Accordingly, they do not include all of the information required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These unaudited financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in its 2015 Annual Report on Form 10-K. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of the results that may be expected for the twelve month period ending December 31, 2016.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of the financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain prior period amounts in the consolidated financial statements have been reclassified to conform to the current period presentation with no effect on previously reported net income, shareholders’ equity or cash flows.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Comprehensive income includes net income and other comprehensive income (loss), which is comprised of unrealized losses and other adjustments resulting from hedging activity.
Earnings Per Share, Policy [Policy Text Block]	Net Income Per Common Share Basic net income per common share is computed based upon the weighted average number of shares outstanding during the period. Diluted net income per common share is calculated after giving effect to all potential common shares that were dilutive and outstanding for the period. There were no potential common shares with a dilutive effect for the three and six months ended June 30, 2016 and 2015. As a result, basic and dilutive net income per common share were the same.
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Standards Recently Issued In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting,

Investment in Real Estate (Tabl

Investment in Real Estate (Tables)	6 Months Ended
	Jun. 30, 2016
Real Estate [Abstract]
Property, Plant and Equipment [Table Text Block]	The Company’s investment in real estate consisted of the following (in thousands): June 30, December 31, 2016 2015 Land $ 561,630 $ 561,630 Building and Improvements 3,216,474 3,200,918 Furniture, Fixtures and Equipment 306,619 293,444 Franchise Fees 8,832 8,832 4,093,555 4,064,824 Less Accumulated Depreciation (489,860 ) (423,057 ) Investment in Real Estate, net $ 3,603,695 $ 3,641,767
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	During the six month period ended June 30, 2015, the Company acquired two hotels. The following table sets forth the location, brand, manager, date acquired, number of rooms and gross purchase price for each hotel acquired during the six months ended June 30, 2015. All dollar amounts are in thousands. City State Brand Manager Date Acquired Rooms Gross Purchase Price (1) Fort Lauderdale FL Hampton Inn LBA 6/23/2015 156 $ 23,000 Cypress CA Hampton Inn Dimension 6/29/2015 110 19,800 266 $ 42,800 (1)
Schedule of Outstanding Contracts for Potential Purchase of Hotels [Table Text Block]	As of June 30, 2016, the Company had outstanding contracts for the potential purchase of four additional hotels for a total purchase price of $81.1 million. The newly constructed Atlanta Home2 Suites was acquired on July 1, 2016, the same day the hotel opened for business. The remaining three hotels are under construction and are expected to be completed and opened for business over the next 12 months from June 30, 2016, at which time closing on these hotels is expected to occur. Although the Company is working towards acquiring these three hotels, there are many conditions to closing that have not yet been satisfied and there can be no assurance that a closing on these hotels will occur under the outstanding purchase contracts. The following table summarizes the location, brand, date of purchase contract, expected number of rooms, refundable (if the seller does not meet its obligations under the contract) contract deposits paid, and gross purchase price for each of the contracts outstanding at June 30, 2016. All dollar amounts are in thousands. Location Brand Date of Purchase Contract Rooms Refundable Deposits Gross Purchase Price Atlanta, GA (a) Home2 Suites 5/5/2015 128 $ 300 $ 24,600 Birmingham, AL (b)(c) Home2 Suites 8/28/2015 105 3 19,219 Birmingham, AL (b)(c) Hilton Garden Inn 8/28/2015 105 2 19,219 Fort Worth, TX (b) Courtyard 8/28/2015 124 5 18,034 462 $ 310 $ 81,072 (a) Newly constructed property was acquired on July 1, 2016, the same day the hotel opened for business. (b) As of June 30, 2016, these hotels were under construction. The table shows the expected number of rooms upon hotel completion and the expected franchise brands. Assuming all conditions to closing are met, the purchases of these hotels are expected to close over the next 12 months from June 30, 2016. If the seller meets all of the conditions to closing, the Company is obligated to specifically perform under the contract. As the property is under construction, at this time, the seller has not met all of the conditions to closing. (c) The Home2 Suites and Hilton Garden Inn hotels in Birmingham, AL are part of an adjoining two-hotel complex located on the same site.

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	As of June 30, 2016 and December 31, 2015, the details of the Company’s revolving credit facility, $425 million term loans and $150 million term loan facility were as set forth below. All dollar amounts are in thousands. As of June 30, 2016 As of December 31, 2015 Maturity Date Outstanding Balance Interest Rate Outstanding Balance Interest Rate Revolving credit facility (1) 5/18/2019 $ 155,600 2.02 % (2) $ 114,800 1.98 % (2) Term loans $425 million term loans 5/18/2020 425,000 2.82 % (3) 425,000 2.81 % (3) $50 million term loan 4/8/2021 16,667 1.92 % (4) 0 - $100 million term loan 4/8/2023 33,333 2.27 % (4) 0 - Total term loans at stated value 475,000 425,000 Unamortized debt issuance costs (4,589 ) (3,556 ) Total term loans 470,411 421,444 Total revolving credit facility and term loans $ 626,011 $ 536,244 (1) Unamortized debt issuance costs related to the revolving credit facility totaled approximately $3.5 million and $4.0 million as of June 30, 2016 and December 31, 2015, respectively, and are included in other assets, net in the Company's consolidated balance sheets. (2) Annual variable interest rate at the balance sheet date. (3) Effective annual interest rate which includes the effect of interest rate swaps on $322.5 million of the outstanding loan balance, resulting in an annual fixed interest rate of approximately 3.10% on this portion of the debt, subject to adjustment based on the Company's leverage ratio. See Note 6 for more information on the interest rate swap agreements. Remaining portion is variable rate debt. (4) Annual variable interest rate at the balance sheet date. The Company has entered into two forward interest rate swap agreements, which beginning on September 30, 2016 will effectively fix the interest rate on the $50 million term loan and $100 million term loan at 2.54% and 3.13%, respectively, subject to adjustment based on the Company’s leverage ratio. See Note 6 for more information on the interest rate swap agreements.
Schedule of Debt [Table Text Block]	As of June 30, 2016, the Company had approximately $399.6 million in outstanding property level debt secured by 31 properties, with maturity dates ranging from November 2016 to October 2032, stated interest rates ranging from 0% to 6.50% and effective interest rates ranging from 3.66% to 6.52%. The loans generally provide for monthly payments of principal and interest on an amortized basis. The loans are generally subject to defeasance or prepayment penalties if prepaid. The following table sets forth the hotel properties securing each loan, the interest rate, loan assumption or origination date, maturity date, the principal amount assumed or originated, and the outstanding balance prior to any fair value adjustments or debt issuance costs as of June 30, 2016 and December 31, 2015 for each of the Company’s debt obligations. All dollar amounts are in thousands. Location Brand Interest Rate (1) Loan Assumption or Origination Date Maturity Date Principal Assumed or Originated Outstanding balance as of June 30, 2016 Outstanding balance as of December 31, 2015 Austin, TX Homewood Suites 5.99 % 4/14/2009 (2) $ 7,556 $ 0 $ 6,255 Austin, TX Hampton Inn 5.95 % 4/14/2009 (2) 7,553 0 6,247 Hilton Head, SC Hilton Garden Inn 6.29 % 3/1/2014 (2) 5,557 0 5,226 Round Rock, TX Hampton Inn 5.95 % 3/6/2009 (2) 4,175 0 3,457 Highlands Ranch, CO Residence Inn 5.94 % 3/1/2014 (2) 10,494 0 10,118 Texarkana, TX Hampton Inn & Suites 6.90 % 1/31/2011 (2) 4,954 0 4,578 Bristol, VA Courtyard 6.59 % 11/7/2008 (2) 9,767 0 8,747 Oceanside, CA Residence Inn 4.24 % (3) 3/1/2014 (2) 15,662 0 15,090 Burbank, CA Residence Inn 4.24 % (3) 3/1/2014 (2) 23,493 0 22,635 Virginia Beach, VA Courtyard 6.02 % 3/1/2014 11/11/2016 13,931 13,246 13,399 Virginia Beach, VA Courtyard 6.02 % 3/1/2014 11/11/2016 16,813 15,986 16,172 Charlottesville, VA Courtyard 6.02 % 3/1/2014 11/11/2016 14,892 14,159 14,323 Carolina Beach, NC Courtyard 6.02 % 3/1/2014 11/11/2016 12,009 11,419 11,551 Winston-Salem, NC Courtyard 5.94 % 3/1/2014 12/8/2016 7,458 7,151 7,220 Lewisville, TX (4) Hilton Garden Inn 0.00 % 10/16/2008 12/31/2016 3,750 2,000 2,000 Savannah, GA Hilton Garden Inn 5.87 % 3/1/2014 2/1/2017 4,977 4,605 4,688 Greenville, SC Residence Inn 6.03 % 3/1/2014 2/8/2017 6,012 5,751 5,810 Birmingham, AL Homewood Suites 6.03 % 3/1/2014 2/8/2017 10,908 10,435 10,541 Jacksonville, FL Homewood Suites 6.03 % 3/1/2014 2/8/2017 15,856 15,169 15,322 Irving, TX Homewood Suites 5.83 % 12/29/2010 4/11/2017 6,052 5,167 5,260 Duncanville, TX Hilton Garden Inn 5.88 % 10/21/2008 5/11/2017 13,966 12,265 12,401 Grapevine, TX Hilton Garden Inn 4.89 % 8/29/2012 9/1/2022 11,810 10,849 10,986 Collegeville/Philadelphia, PA Courtyard 4.89 % 8/30/2012 9/1/2022 12,650 11,620 11,768 Hattiesburg, MS Courtyard 5.00 % 3/1/2014 9/1/2022 5,732 5,427 5,495 Rancho Bernardo, CA Courtyard 5.00 % 3/1/2014 9/1/2022 15,060 14,258 14,436 Kirkland, WA Courtyard 5.00 % 3/1/2014 9/1/2022 12,145 11,498 11,642 Seattle, WA Residence Inn 4.96 % 3/1/2014 9/1/2022 28,269 26,754 27,091 Anchorage, AK Embassy Suites 4.97 % 9/13/2012 10/1/2022 23,230 21,407 21,675 Somerset, NJ Courtyard 4.73 % 3/1/2014 10/6/2022 8,750 8,269 8,376 Tukwila, WA Homewood Suites 4.73 % 3/1/2014 10/6/2022 9,431 8,913 9,028 Prattville, AL Courtyard 4.12 % 3/1/2014 2/6/2023 6,596 6,210 6,296 Huntsville, AL Homewood Suites 4.12 % 3/1/2014 2/6/2023 8,306 7,820 7,928 San Diego, CA Residence Inn 3.97 % 3/1/2014 3/6/2023 18,600 17,497 17,741 Miami, FL Homewood Suites 4.02 % 3/1/2014 4/1/2023 16,677 15,699 15,915 New Orleans, LA Homewood Suites 4.36 % 7/17/2014 8/11/2024 27,000 25,894 26,204 Westford, MA Residence Inn 4.28 % 3/18/2015 4/11/2025 10,000 9,741 9,854 Dallas, TX Hilton 3.95 % 5/22/2015 6/1/2025 28,000 27,503 27,754 Syracuse, NY Courtyard 4.75 % 10/16/2015 8/1/2024 (5) 11,199 11,033 11,158 Syracuse, NY Residence Inn 4.75 % 10/16/2015 8/1/2024 (5) 11,199 11,033 11,158 Boise, ID Hampton Inn & Suites 4.37 % (6) 5/26/2016 6/11/2026 24,000 24,000 0 Malvern/Philadelphia, PA Courtyard 6.50 % 11/30/2010 10/1/2032 (7) 7,894 6,797 6,912 $ 512,383 399,575 462,457 Unamortized fair value adjustment of assumed debt 118 1,284 Unamortized debt issuance costs (3,052 ) (1,882 ) Total $ 396,641 $ 461,859 (1) Unless otherwise noted, these rates are the rates per the loan agreement. For loans assumed, the Company adjusted the interest rates per the loan agreement to market rates and is amortizing the adjustments to interest expense over the life of the loan. (2) Loans were repaid in full during the six months ended June 30, 2016. (3) The annual fixed interest rate gives effect to an interest rate swap agreement assumed by the Company with the mortgage debt. (4) Unsecured loan. (5) Outstanding principal balance is callable by lender or prepayable by the Company on August 1, 2019. (6) In May 2016, the Company originated new mortgage debt secured by this hotel and entered into an interest rate swap agreement which, beginning on June 11, 2016, fixes the interest rate on this debt. The annual fixed interest rate gives effect to the interest rate swap agreement. (7) Outstanding principal balance is callable by lender or prepayable by the Company beginning on October 1, 2016, and every five years thereafter until maturity, subject to certain conditions.
Schedule of Maturities of Long-term Debt [Table Text Block]	The aggregate amounts of principal payable under the Company’s total debt obligations (including mortgage debt, the revolving credit facility and term loans), for the five years subsequent to June 30, 2016 and thereafter are as follows (in thousands): 2016 (July - December) $ 74,746 2017 59,690 2018 7,274 2019 183,341 2020 432,331 Thereafter 272,793 1,030,175 Unamortized fair value adjustment of assumed debt 118 Unamortized debt issuance costs related to term loans and mortgage debt (7,641 ) Total $ 1,022,652

Fair Value of Financial Instr19

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Interest Rate Derivatives [Table Text Block]	The following table sets forth information for each of the Company’s interest rate swap agreements outstanding as of June 30, 2016 and December 31, 2015. All dollar amounts are in thousands. Fair Value (Liability) Hedge Type Notional Amount at June 30, 2016 Assumption or Origination Date Maturity Date Swap Fixed Interest Rate June 30, 2016 December 31, 2015 Non-designated hedge (1) $ 0 3/1/2014 1/13/2017 1.10 % $ 0 $ (134 ) Cash flow hedge (2) 212,500 5/21/2015 5/18/2020 1.58 % (7,035 ) (1,233 ) Cash flow hedge (2) 110,000 7/2/2015 5/18/2020 1.62 % (3,809 ) (824 ) Cash flow hedge (2) 50,000 4/7/2016 3/31/2021 1.09 % (567 ) 0 Cash flow hedge (2) 100,000 4/7/2016 3/31/2023 1.33 % (1,854 ) 0 Cash flow hedge (3) 24,000 5/9/2016 6/11/2026 1.72 % (987 ) 0 $ (14,252 ) $ (2,191 ) (1) On June 15, 2016, the Company repaid the related mortgage note and terminated this swap agreement. As part of this termination, the Company paid the fair value of the swap, approximately $0.1 million, to satisfy the outstanding liability at the time of termination. (2) In May 2015 and July 2015, the Company entered into interest rate swap agreements with a commercial bank for the same notional amounts as its $212.5 million term loan and its $110 million term loan. In April 2016, the Company entered into forward interest rate swap agreements with a commercial bank, which beginning on September 30, 2016 will effectively fix the interest rate on the $50 million term loan and $100 million term loan. See Note 5 for more information on the term loans. Each of these swaps has been designated as a cash flow hedge for accounting purposes. (3) In May 2016, the Company entered into an interest rate swap agreement with a commercial bank for the same notional amount as a $24 million mortgage loan, which has been designated as a cash flow hedge for accounting purposes. See Note 5 for more information on the mortgage debt.

Organization and Summary of S20

Organization and Summary of Significant Accounting Policies (Details)	May 18, 2015	Jun. 30, 2016shares	Jun. 30, 2015shares	Jun. 30, 2016shares	Jun. 30, 2015shares
Accounting Policies [Abstract]
Number of Reportable Segments				1
Number of Hotels		179		179
Aggregate Number of Hotel Rooms		22,961		22,961
Number of States in which Hotels are Located		32		32
Reverse Stock Split Ratio of Common Stock	0.50
Weighted Average Number Diluted Shares Outstanding Adjustment (in Shares)		0	0	0	0

Merger Agreement with Apple R21

Merger Agreement with Apple REIT Ten, Inc. (Details) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)
Merger Agreement with Apple REIT Ten, Inc. (Details) [Line Items]
Number of Hotels	179		179
Aggregate Number of Hotel Rooms	22,961		22,961
Long-term Debt, Gross	$ 1,030,175		$ 1,030,175
Transaction Costs	1,116	$ 5,825	$ 1,409	$ 7,049
Apple Ten and Apple Hospitality Merger Agreement [Member]
Merger Agreement with Apple REIT Ten, Inc. (Details) [Line Items]
Business Combination, Merger Agreement Description			Under the terms of the Merger Agreement, each issued and outstanding unit of Apple Ten (consisting of a common share and related Series A preferred share) (each, an “Apple Ten unit”), other than those Apple Ten units with respect to which statutory dissenters’ rights of appraisal have been properly exercised, perfected and not subsequently withdrawn or lost under Virginia law, will be converted into the right to receive (i) 0.522 (the “unit exchange ratio”) common shares of the Company and (ii) $1.00 in cash, and each issued and outstanding Series B convertible preferred share of Apple Ten will be converted into the right to receive (i) a number of common shares of the Company equal to 12.11423 multiplied by the unit exchange ratio and (ii) an amount in cash equal to 12.11423 multiplied by $1.00, resulting in the issuance of a total of approximately 48.7 million common shares of the Company and a total payment of approximately $93.4 million in cash to Apple Ten shareholders (assuming no exercise of dissenters’ rights). The current outstanding Company common shares will remain outstanding. As a result of the merger, the Company, through its wholly-owned subsidiary, will assume all of Apple Ten’s assets and liabilities at closing, which include approximately $262 million of debt as of June 30, 2016.If the merger closes, the advisory and related party arrangements with respect to Apple Ten and its advisors, as described in more detail in Note 7, will terminate. The merger is subject to approval by Apple Ten shareholders and the proposed issuance of common shares by the Company in the merger is subject to approval by the Company’s shareholders. In addition to the shareholder approvals, the merger is subject to other customary closing conditions, therefore there is no assurance that the merger will occur.
Transaction Costs			$ 1,200
Total Anticipated Transaction Costs	$ 4,000		$ 4,000
Apple Ten and Apple Hospitality Merger Agreement [Member] | Apple Ten Unit and Series B Convertible Preferred Share Consideration [Member]
Merger Agreement with Apple REIT Ten, Inc. (Details) [Line Items]
Unit Description			a common share and related Series A preferred share
Business Combination, Exchange Rate of Shares Issued (in Shares) | shares	0.522		0.522
Business Combination, Cash Paid as Partial Consideration (in Dollars per share) | $ / shares	$ 1		$ 1
Convertible Preferred Stock, Shares Issued upon Conversion (in Shares) | shares	12.11423		12.11423
Business Combination, Total Common Shares to be Issued upon Exchange of Acquiree Units and Shares (in Shares) | shares	48,700,000		48,700,000
Business Combination, Total Cash to be Paid as Partial Consideration	$ 93,400		$ 93,400
Apple Ten and Apple Hospitality Merger Agreement [Member] | Hotels to be Acquired [Member]
Merger Agreement with Apple REIT Ten, Inc. (Details) [Line Items]
Number of Hotels	56		56
Aggregate Number of Hotel Rooms	7,209		7,209
Estimated Debt to be Assumed at Closing [Member] | Apple Ten and Apple Hospitality Merger Agreement [Member]
Merger Agreement with Apple REIT Ten, Inc. (Details) [Line Items]
Long-term Debt, Gross	$ 262,000		$ 262,000

Investment in Real Estate (Deta

Investment in Real Estate (Details)	6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Investment in Real Estate (Details) [Line Items]
Number of Hotels	179
Aggregate Number of Hotel Rooms	22,961
Number of States in which Hotels Are Located	32
Hotel Acquisitions [Member]
Investment in Real Estate (Details) [Line Items]
Number of Businesses Acquired	0	2
Goodwill (in Dollars)		$ 0
Potential Purchase of Additional Hotels Under Contract [Member] | Newly Constructed or Under Construction [Member]
Investment in Real Estate (Details) [Line Items]
Number of Hotels	4
Aggregate Number of Hotel Rooms	462
Business Acquisition, Gross Purchase Price (in Dollars)	$ 81,072,000
Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]
Investment in Real Estate (Details) [Line Items]
Number of Hotels	3
Hotel Construction, Time to Completion	over the next 12 months

Investment in Real Estate (De23

Investment in Real Estate (Details) - Investment in Real Estate - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Investment in Real Estate [Abstract]
Land	$ 561,630	$ 561,630
Building and Improvements	3,216,474	3,200,918
Furniture, Fixtures and Equipment	306,619	293,444
Franchise Fees	8,832	8,832
	4,093,555	4,064,824
Less Accumulated Depreciation	(489,860)	(423,057)
Investment in Real Estate, net	$ 3,603,695	$ 3,641,767

Investment in Real Estate (De24

Investment in Real Estate (Details) - Hotel Acquisitions $ in Thousands		6 Months Ended
		Jun. 30, 2015USD ($)	Jun. 30, 2016
Business Acquisition [Line Items]
Rooms			22,961
Total [Member]
Business Acquisition [Line Items]
Rooms		266
Gross Purchase Price	[1]	$ 42,800
Hampton Inn Fort Lauderdale, FL [Member]
Business Acquisition [Line Items]
State		FL
Brand		Hampton Inn
Manager		LBA
Date Acquired		Jun. 23, 2015
Rooms		156
Gross Purchase Price	[1]	$ 23,000
Hampton Inn Cypress, CA [Member]
Business Acquisition [Line Items]
State		CA
Brand		Hampton Inn
Manager		Dimension
Date Acquired		Jun. 29, 2015
Rooms		110
Gross Purchase Price	[1]	$ 19,800
[1]	At the date of purchase, the purchase price for each of these properties was funded through the Company's credit facility with availability provided primarily from the proceeds from the sale of properties discussed in Note 4. No goodwill was recorded in connection with any of the acquisitions.

Investment in Real Estate (De25

Investment in Real Estate (Details) - Outstanding Contracts $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]
Rooms	22,961
Potential Purchase of Additional Hotels Under Contract [Member] | Newly Constructed or Under Construction [Member]
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]
Rooms	462
Refundable Deposits	$ 310
Gross Purchase Price	$ 81,072
Home2 Suites Atlanta, GA [Member] | Potential Purchase of Additional Hotels Under Contract [Member] | Newly Constructed Hotel [Member]
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]
Brand	Home2 Suites	[1]
Date of Purchase Contract	May 5, 2015
Rooms	128
Refundable Deposits	$ 300
Gross Purchase Price	$ 24,600
Home2 Suite Birmingham, AL [Member] | Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]
Brand	Home2 Suites	[2],[3]
Date of Purchase Contract	Aug. 28, 2015
Rooms	105
Refundable Deposits	$ 3
Gross Purchase Price	$ 19,219
Hilton Garden Inn Birmingham, AL [Member] | Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]
Brand	Hilton Garden Inn	[2],[3]
Date of Purchase Contract	Aug. 28, 2015
Rooms	105
Refundable Deposits	$ 2
Gross Purchase Price	$ 19,219
Courtyard Fort Worth, TX [Member] | Potential Purchase of Additional Hotels Under Contract [Member] | Hotels Under Construction [Member]
Investment in Real Estate (Details) - Outstanding Contracts [Line Items]
Brand	Courtyard	[2]
Date of Purchase Contract	Aug. 28, 2015
Rooms	124
Refundable Deposits	$ 5
Gross Purchase Price	$ 18,034
[1]	Newly constructed property was acquired on July 1, 2016, the same day the hotel opened for business.
[2]	As of June 30, 2016, these hotels were under construction. The table shows the expected number of rooms upon hotel completion and the expected franchise brands. Assuming all conditions to closing are met, the purchases of these hotels are expected to close over the next 12 months from June 30, 2016. If the seller meets all of the conditions to closing, the Company is obligated to specifically perform under the contract. As the property is under construction, at this time, the seller has not met all of the conditions to closing.
[3]	The Home2 Suites and Hilton Garden Inn hotels in Birmingham, AL are part of an adjoining two-hotel complex located on the same site.

Dispositions (Details)

Dispositions (Details) $ in Thousands	Jun. 01, 2015USD ($)	Feb. 26, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Dispositions (Details) [Line Items]
Gain (Loss) on Disposition of Assets			$ 0	$ (271)	$ 0	$ 15,358
Operating Income (Loss)			$ 64,638	52,164	$ 108,390	$ 88,451
Hotels Sold [Member]
Dispositions (Details) [Line Items]
Number of Properties Disposed During Period	1	18			0	19
Number of Real Estate Transactions						2
Sale of Real Estate Assets, Gross Sales Price	$ 2,100	$ 206,400				$ 208,500
Gain (Loss) on Disposition of Assets	$ (300)	$ 15,600				15,400
Operating Income (Loss)				$ (100)		$ 2,000

Debt (Details)

Debt (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Mar. 03, 2014USD ($)
Debt (Details) [Line Items]
Proceeds from Issuance of Unsecured Debt (in Dollars)		$ 50,000	$ 212,500
Debt Issuance Costs, Net (in Dollars)	$ 7,641	7,641
Long-term Debt, Gross (in Dollars)	1,030,175	$ 1,030,175
$965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Date of Amended and Restated Credit Facility		May 18, 2015
Credit Facility, Amendment and Restatement Description		the Company entered into an amendment and restatement of its unsecured $345 million credit facility, increasing the borrowing capacity to $965 million, reducing the annual interest rate and extending the maturity dates
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars)	965,000	$ 965,000
Line of Credit Facility, Borrowing Capacity, Description		the amount of the total credit facility may be increased from $965 million to $1.25 billion
Original $345 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars)					$ 345,000
$965 Million Unsecured Credit Facility and $150 Million Unsecured Term Loan Facility [Member]
Debt (Details) [Line Items]
Line of Credit Facility, Covenant Terms		the $965 million credit facility and $150 million term loan facility contain mandatory prepayment requirements, customary affirmative covenants, negative covenants and events of default. The credit agreements require that the Company comply with various covenants, which include, among others, a minimum tangible net worth, maximum debt limits, minimum interest and fixed charge coverage ratios, limits on dividend payments and share repurchases and restrictions on certain investments. The Company was in compliance with the applicable covenants at June 30, 2016.
London Interbank Offered Rate (LIBOR) [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Debt Instrument, Description of Variable Rate Basis		one-month LIBOR
$150 Million Unsecured Term Loan Facility [Member]
Debt (Details) [Line Items]
Term Loan Facility, Maximum Borrowing Capacity (in Dollars)	$ 150,000	$ 150,000
Debt Instrument, Description	The Company initially borrowed $50 million under the $150 million term loan facility and may borrow the remaining $100 million at any time on or before October 5, 2016.
Debt Instrument, Description of Variable Rate Basis	one-month LIBOR
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.25%
Proceeds from Issuance of Unsecured Debt (in Dollars)	$ 50,000
Debt Instrument, Unused Borrowing Capacity, Amount (in Dollars)	$ 100,000	$ 100,000
Loans with Interest Rates Effectively Fixed by Forward Interest Rate Swaps Effective September 30, 2016 [Member] | $150 Million Unsecured Term Loan Facility [Member]
Debt (Details) [Line Items]
Number of Interest Rate Derivatives Held	2	2
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.30%
$540 Million Unsecured Revolving Credit Facility [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars)	$ 540,000	$ 540,000
Line of Credit Facility, Expiration Date		May 18, 2019
Debt Instrument, Maturity Date, Description		maturity date may be extended one year
Debt Issuance Costs, Net (in Dollars)	3,500	$ 3,500		$ 4,000
$540 Million Unsecured Revolving Credit Facility [Member] | Minimum [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.20%
$540 Million Unsecured Revolving Credit Facility [Member] | Maximum [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.30%
$425 Million Term Loans [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Term Loan Facility, Maximum Borrowing Capacity (in Dollars)	425,000	$ 425,000
Debt Instrument, Maturity Date		May 18, 2020
Debt Instrument, Description		consisting of three term loans, of which $212.5 million was funded on May 18, 2015, $110.0 million was funded on July 1, 2015, and $102.5 million was funded on August 14, 2015 (the “$425 million term loans”)
Number of Term Loans		3
$425 Million Term Loans [Member] | $965 Million Unsecured Credit Facility [Member] | $212.5 Million Term Loan Funded May 18, 2015 [Member]
Debt (Details) [Line Items]
Debt Instrument, Face Amount (in Dollars)	212,500	$ 212,500
$425 Million Term Loans [Member] | $965 Million Unsecured Credit Facility [Member] | $110.0 Million Term Loan Funded July 1, 2015 [Member]
Debt (Details) [Line Items]
Debt Instrument, Face Amount (in Dollars)	110,000	110,000
$425 Million Term Loans [Member] | $965 Million Unsecured Credit Facility [Member] | $102.5 Million Term Loan Funded August 14, 2015 [Member]
Debt (Details) [Line Items]
Debt Instrument, Face Amount (in Dollars)	$ 102,500	$ 102,500
$425 Million Term Loans [Member] | Loans With Interest Rates Effectively Fixed By Interest Rate Swaps [Member] | $965 Million Unsecured Credit Facility [Member]
Debt (Details) [Line Items]
Number of Interest Rate Derivatives Held	2	2
Derivative, Notional Amount (in Dollars)	$ 322,500	$ 322,500
Debt Instrument, Interest Rate, Effective Percentage	3.10%	3.10%
$50 Million Term Loan [Member] | $150 Million Unsecured Term Loan Facility [Member]
Debt (Details) [Line Items]
Term Loan Facility, Maximum Borrowing Capacity (in Dollars)	$ 50,000	$ 50,000
Debt Instrument, Maturity Date	Apr. 8, 2021
$50 Million Term Loan [Member] | Loans with Interest Rates Effectively Fixed by Forward Interest Rate Swaps Effective September 30, 2016 [Member] | $150 Million Unsecured Term Loan Facility [Member]
Debt (Details) [Line Items]
Derivative, Notional Amount (in Dollars)	$ 50,000	$ 50,000
Debt Instrument, Interest Rate, Effective Percentage	2.54%	2.54%
$50 Million Term Loan [Member] | Minimum [Member] | $150 Million Unsecured Term Loan Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.45%
$50 Million Term Loan [Member] | Maximum [Member] | $150 Million Unsecured Term Loan Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.20%
$100 Million Term Loan [Member] | $150 Million Unsecured Term Loan Facility [Member]
Debt (Details) [Line Items]
Term Loan Facility, Maximum Borrowing Capacity (in Dollars)	$ 100,000	$ 100,000
Debt Instrument, Maturity Date	Apr. 8, 2023
$100 Million Term Loan [Member] | Loans with Interest Rates Effectively Fixed by Forward Interest Rate Swaps Effective September 30, 2016 [Member] | $150 Million Unsecured Term Loan Facility [Member]
Debt (Details) [Line Items]
Derivative, Notional Amount (in Dollars)	$ 100,000	$ 100,000
Debt Instrument, Interest Rate, Effective Percentage	3.13%	3.13%
$100 Million Term Loan [Member] | Minimum [Member] | $150 Million Unsecured Term Loan Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.80%
$100 Million Term Loan [Member] | Maximum [Member] | $150 Million Unsecured Term Loan Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.60%
Mortgage Debt [Member]
Debt (Details) [Line Items]
Debt Instrument, Maturity Date, Description		maturity dates ranging from November 2016 to October 2032
Long-term Debt, Gross (in Dollars)	$ 399,600	$ 399,600
Number of Hotel Properties Used to Secure Debt		31
Mortgage Debt [Member] | Minimum [Member]
Debt (Details) [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	3.66%	3.66%
Debt Instrument, Interest Rate, Stated Percentage	0.00%	0.00%
Mortgage Debt [Member] | Maximum [Member]
Debt (Details) [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	6.52%	6.52%
Debt Instrument, Interest Rate, Stated Percentage	6.50%	6.50%

Debt (Details) - Revolving Cred

Debt (Details) - Revolving Credit Facility and Term Loans - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Revolving credit facility outstanding balance		$ 155,600	$ 114,800
Outstanding balance		1,030,175
Unamortized debt issuance costs		(7,641)
Total term loans		470,411	421,444
Debt carrying value		$ 1,022,652	1,000,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maturity date		May 18, 2019
Revolving credit facility outstanding balance	[1]	$ 155,600	$ 114,800
Interest rate	[2]	2.02%	1.98%
$425 Million Term Loans [Member]
Debt Instrument [Line Items]
Maturity date		May 18, 2020
Interest rate	[3]	2.82%	2.81%
Outstanding balance		$ 425,000	$ 425,000
$50 Million Term Loan [Member]
Debt Instrument [Line Items]
Maturity date		Apr. 8, 2021
Interest rate	[4]	1.92%
Outstanding balance		$ 16,667	0
$100 Million Term Loan [Member]
Debt Instrument [Line Items]
Maturity date		Apr. 8, 2023
Interest rate	[4]	2.27%
Outstanding balance		$ 33,333	0
Total Term Loans [Member]
Debt Instrument [Line Items]
Outstanding balance		475,000	425,000
Unamortized debt issuance costs		(4,589)	(3,556)
Total term loans		470,411	421,444
Total Revolving Credit Facility and Term Loans [Member]
Debt Instrument [Line Items]
Debt carrying value		$ 626,011	$ 536,244
[1]	Unamortized debt issuance costs related to the revolving credit facility totaled approximately $3.5 million and $4.0 million as of June 30, 2016 and December 31, 2015, respectively, and are included in other assets, net in the Company's consolidated balance sheets.
[2]	Annual variable interest rate at the balance sheet date.
[3]	Effective annual interest rate which includes the effect of interest rate swaps on $322.5 million of the outstanding loan balance, resulting in an annual fixed interest rate of approximately 3.10% on this portion of the debt, subject to adjustment based on the Company's leverage ratio. See Note 6 for more information on the interest rate swap agreements. Remaining portion is variable rate debt.
[4]	Annual variable interest rate at the balance sheet date. The Company has entered into two forward interest rate swap agreements, which beginning on September 30, 2016 will effectively fix the interest rate on the $50 million term loan and $100 million term loan at 2.54% and 3.13%, respectively, subject to adjustment based on the Company's leverage ratio. See Note 6 for more information on the interest rate swap agreements.

Debt (Details) - Mortgage Note

Debt (Details) - Mortgage Note Debt - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2016		Dec. 31, 2015
Debt (Details) - Mortgage Note Debt [Line Items]
Outstanding Balance		$ 1,030,175
Unamortized fair value adjustment of assumed debt		118
Unamortized debt issuance costs		(7,641)
Total		396,641		$ 461,859
Total [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Principal Assumed or Originated		512,383
Outstanding Balance		399,575		462,457
Unamortized fair value adjustment of assumed debt		118		1,284
Unamortized debt issuance costs		(3,052)		(1,882)
Total		$ 396,641		461,859
Homewood Suites Austin, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	5.99%
Loan Assumption or Origination Date		Apr. 14, 2009
Principal Assumed or Originated		$ 7,556
Outstanding Balance		$ 0	[2]	6,255
Hampton Inn Austin, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hampton Inn
Interest Rate	[1]	5.95%
Loan Assumption or Origination Date		Apr. 14, 2009
Principal Assumed or Originated		$ 7,553
Outstanding Balance		$ 0	[2]	6,247
Hilton Garden Inn Hilton Head, SC [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hilton Garden Inn
Interest Rate	[1]	6.29%
Loan Assumption or Origination Date		Mar. 1, 2014
Principal Assumed or Originated		$ 5,557
Outstanding Balance		$ 0	[2]	5,226
Hampton Inn Round Rock, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hampton Inn
Interest Rate	[1]	5.95%
Loan Assumption or Origination Date		Mar. 6, 2009
Principal Assumed or Originated		$ 4,175
Outstanding Balance		$ 0	[2]	3,457
Residence Inn Highlands Ranch, CO [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1]	5.94%
Loan Assumption or Origination Date		Mar. 1, 2014
Principal Assumed or Originated		$ 10,494
Outstanding Balance		$ 0	[2]	10,118
Hampton Inn & Suites Texarkana, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hampton Inn & Suites
Interest Rate	[1]	6.90%
Loan Assumption or Origination Date		Jan. 31, 2011
Principal Assumed or Originated		$ 4,954
Outstanding Balance		$ 0	[2]	4,578
Courtyard Bristol, VA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	6.59%
Loan Assumption or Origination Date		Nov. 7, 2008
Principal Assumed or Originated		$ 9,767
Outstanding Balance		$ 0	[2]	8,747
Residence Inn Oceanside, CA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1],[3]	4.24%
Loan Assumption or Origination Date		Mar. 1, 2014
Principal Assumed or Originated		$ 15,662
Outstanding Balance		$ 0	[2]	15,090
Residence Inn Burbank, CA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1],[3]	4.24%
Loan Assumption or Origination Date		Mar. 1, 2014
Principal Assumed or Originated		$ 23,493
Outstanding Balance		$ 0	[2]	22,635
Courtyard Virginia Beach, VA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	6.02%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Nov. 11, 2016
Principal Assumed or Originated		$ 13,931
Outstanding Balance		$ 13,246		13,399
Courtyard Virginia Beach, VA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	6.02%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Nov. 11, 2016
Principal Assumed or Originated		$ 16,813
Outstanding Balance		$ 15,986		16,172
Courtyard Charlottesville, VA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	6.02%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Nov. 11, 2016
Principal Assumed or Originated		$ 14,892
Outstanding Balance		$ 14,159		14,323
Courtyard Carolina Beach, NC [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	6.02%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Nov. 11, 2016
Principal Assumed or Originated		$ 12,009
Outstanding Balance		$ 11,419		11,551
Courtyard Winston-Salem, NC [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	5.94%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Dec. 8, 2016
Principal Assumed or Originated		$ 7,458
Outstanding Balance		$ 7,151		7,220
Hilton Garden Inn Lewisville, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hilton Garden Inn
Interest Rate	[1],[4]	0.00%
Loan Assumption or Origination Date		Oct. 16, 2008
Maturity Date		Dec. 31, 2016
Principal Assumed or Originated		$ 3,750
Outstanding Balance		$ 2,000		2,000
Hilton Garden Inn Savannah, GA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hilton Garden Inn
Interest Rate	[1]	5.87%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Feb. 1, 2017
Principal Assumed or Originated		$ 4,977
Outstanding Balance		$ 4,605		4,688
Residence Inn Greenville, SC [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1]	6.03%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Feb. 8, 2017
Principal Assumed or Originated		$ 6,012
Outstanding Balance		$ 5,751		5,810
Homewood Suites Birmingham, AL [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	6.03%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Feb. 8, 2017
Principal Assumed or Originated		$ 10,908
Outstanding Balance		$ 10,435		10,541
Homewood Suites Jacksonville, FL [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	6.03%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Feb. 8, 2017
Principal Assumed or Originated		$ 15,856
Outstanding Balance		$ 15,169		15,322
Homewood Suites Irving, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	5.83%
Loan Assumption or Origination Date		Dec. 29, 2010
Maturity Date		Apr. 11, 2017
Principal Assumed or Originated		$ 6,052
Outstanding Balance		$ 5,167		5,260
Hilton Garden Inn Duncanville, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hilton Garden Inn
Interest Rate	[1]	5.88%
Loan Assumption or Origination Date		Oct. 21, 2008
Maturity Date		May 11, 2017
Principal Assumed or Originated		$ 13,966
Outstanding Balance		$ 12,265		12,401
Hilton Garden Inn Grapevine, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hilton Garden Inn
Interest Rate	[1]	4.89%
Loan Assumption or Origination Date		Aug. 29, 2012
Maturity Date		Sep. 1, 2022
Principal Assumed or Originated		$ 11,810
Outstanding Balance		$ 10,849		10,986
Courtyard Collegeville/Philadelphia, PA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	4.89%
Loan Assumption or Origination Date		Aug. 30, 2012
Maturity Date		Sep. 1, 2022
Principal Assumed or Originated		$ 12,650
Outstanding Balance		$ 11,620		11,768
Courtyard Hattiesburg, MS [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	5.00%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Sep. 1, 2022
Principal Assumed or Originated		$ 5,732
Outstanding Balance		$ 5,427		5,495
Courtyard Rancho Bernardo, CA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	5.00%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Sep. 1, 2022
Principal Assumed or Originated		$ 15,060
Outstanding Balance		$ 14,258		14,436
Courtyard Kirkland, WA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	5.00%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Sep. 1, 2022
Principal Assumed or Originated		$ 12,145
Outstanding Balance		$ 11,498		11,642
Residence Inn Seattle, WA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1]	4.96%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Sep. 1, 2022
Principal Assumed or Originated		$ 28,269
Outstanding Balance		$ 26,754		27,091
Embassy Suites Anchorage, AK [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Embassy Suites
Interest Rate	[1]	4.97%
Loan Assumption or Origination Date		Sep. 13, 2012
Maturity Date		Oct. 1, 2022
Principal Assumed or Originated		$ 23,230
Outstanding Balance		$ 21,407		21,675
Courtyard Somerset, NJ [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	4.73%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Oct. 6, 2022
Principal Assumed or Originated		$ 8,750
Outstanding Balance		$ 8,269		8,376
Homewood Suites Tukwila, WA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	4.73%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Oct. 6, 2022
Principal Assumed or Originated		$ 9,431
Outstanding Balance		$ 8,913		9,028
Courtyard Prattville, AL [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	4.12%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Feb. 6, 2023
Principal Assumed or Originated		$ 6,596
Outstanding Balance		$ 6,210		6,296
Homewood Suites Huntsville, AL [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	4.12%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Feb. 6, 2023
Principal Assumed or Originated		$ 8,306
Outstanding Balance		$ 7,820		7,928
Residence Inn San Diego, CA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1]	3.97%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Mar. 6, 2023
Principal Assumed or Originated		$ 18,600
Outstanding Balance		$ 17,497		17,741
Homewood Suites Miami, FL [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	4.02%
Loan Assumption or Origination Date		Mar. 1, 2014
Maturity Date		Apr. 1, 2023
Principal Assumed or Originated		$ 16,677
Outstanding Balance		$ 15,699		15,915
Homewood Suites New Orleans, LA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Homewood Suites
Interest Rate	[1]	4.36%
Loan Assumption or Origination Date		Jul. 17, 2014
Maturity Date		Aug. 11, 2024
Principal Assumed or Originated		$ 27,000
Outstanding Balance		$ 25,894		26,204
Residence Inn Westford, MA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1]	4.28%
Loan Assumption or Origination Date		Mar. 18, 2015
Maturity Date		Apr. 11, 2025
Principal Assumed or Originated		$ 10,000
Outstanding Balance		$ 9,741		9,854
Hilton Dallas, TX [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hilton
Interest Rate	[1]	3.95%
Loan Assumption or Origination Date		May 22, 2015
Maturity Date		Jun. 1, 2025
Principal Assumed or Originated		$ 28,000
Outstanding Balance		$ 27,503		27,754
Courtyard Syracuse, NY [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	4.75%
Loan Assumption or Origination Date		Oct. 16, 2015
Maturity Date	[5]	Aug. 1, 2024
Principal Assumed or Originated		$ 11,199
Outstanding Balance		$ 11,033		11,158
Residence Inn Syracuse, NY [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Residence Inn
Interest Rate	[1]	4.75%
Loan Assumption or Origination Date		Oct. 16, 2015
Maturity Date	[5]	Aug. 1, 2024
Principal Assumed or Originated		$ 11,199
Outstanding Balance		$ 11,033		11,158
Hampton Inn & Suites Boise, ID [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Hampton Inn & Suites
Interest Rate	[1],[6]	4.37%
Loan Assumption or Origination Date		May 26, 2016
Maturity Date		Jun. 11, 2026
Principal Assumed or Originated		$ 24,000
Outstanding Balance		$ 24,000		0
Courtyard Malvern/Philadelphia, PA [Member]
Debt (Details) - Mortgage Note Debt [Line Items]
Brand		Courtyard
Interest Rate	[1]	6.50%
Loan Assumption or Origination Date		Nov. 30, 2010
Maturity Date	[7]	Oct. 1, 2032
Principal Assumed or Originated		$ 7,894
Outstanding Balance		$ 6,797		$ 6,912
[1]	Unless otherwise noted, these rates are the rates per the loan agreement. For loans assumed, the Company adjusted the interest rates per the loan agreement to market rates and is amortizing the adjustments to interest expense over the life of the loan.
[2]	Loans were repaid in full during the six months ended June 30, 2016.
[3]	The annual fixed interest rate gives effect to an interest rate swap agreement assumed by the Company with the mortgage debt.
[4]	Unsecured loan.
[5]	Outstanding principal balance is callable by lender or prepayable by the Company on August 1, 2019.
[6]	In May 2016, the Company originated new mortgage debt secured by this hotel and entered into an interest rate swap agreement which, beginning on June 11, 2016, fixes the interest rate on this debt. The annual fixed interest rate gives effect to the interest rate swap agreement.
[7]	Outstanding principal balance is callable by lender or prepayable by the Company beginning on October 1, 2016, and every five years thereafter until maturity, subject to certain conditions.

Debt (Details) - Future Minimum

Debt (Details) - Future Minimum Debt Payments - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Future Minimum Debt Payments [Abstract]
2016 (July - December)	$ 74,746
2,017	59,690
2,018	7,274
2,019	183,341
2,020	432,331
Thereafter	272,793
	1,030,175
Unamortized fair value adjustment of assumed debt	118
Unamortized debt issuance costs related to term loans and mortgage debt	(7,641)
Total	$ 1,022,652	$ 1,000,000

Fair Value of Financial Instr31

Fair Value of Financial Instruments (Details)	Jun. 15, 2016USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Mar. 02, 2015USD ($)	Dec. 31, 2014
Fair Value of Financial Instruments (Details) [Line Items]
Long-term Debt, Fair Value		$ 1,000,000,000			$ 1,000,000,000		$ 1,000,000,000
Long-term Debt		1,022,652,000			$ 1,022,652,000		1,000,000,000
Derivative, Description of Terms					Company pays a fixed rate of interest and receives a floating rate of interest equal to the one month LIBOR
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax		(5,501,000)	$ (185,000)		$ (12,195,000)	$ (459,000)
Amount of losses reclassified from accumulated other comprehensive loss into interest expense		1,000,000	$ 300,000		1,900,000	600,000
Net unrealized losses in accumulated other comprehensive loss expected to be reclassified into interest expense within the next 12 months		4,800,000			4,800,000
Accumulated Other Comprehensive Income (Loss), Net of Tax		(14,252,000)			(14,252,000)		$ (2,057,000)
Repayments of Unsecured Debt					0	100,000,000
Not Designated as Hedging Instrument [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Interest Rate Swap Termination, Cash Settlement	$ 100,000
Number of Interest Rate Derivatives Held									4
Number of Interest Rate Derivatives Matured or Terminated	1		1	2
Designated as Hedging Instrument [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net		0	$ 0		$ 0	0
Designated as Hedging Instrument [Member] | $212.5 Million Term Loan Interest Rate Swap [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Derivative Inception Date					May 2,015
Derivative, Notional Amount		212,500,000			$ 212,500,000
Designated as Hedging Instrument [Member] | $110.0 Million Term Loan Interest Rate Swap [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Derivative Inception Date					July 2,015
Derivative, Notional Amount		110,000,000			$ 110,000,000
Designated as Hedging Instrument [Member] | $50.0 Million Term Loan Interest Rate Swap [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Derivative Inception Date					April 2,016
Derivative, Notional Amount		50,000,000			$ 50,000,000
Designated as Hedging Instrument [Member] | $100.0 Million Term Loan Interest Rate Swap [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Derivative Inception Date					April 2,016
Derivative, Notional Amount		100,000,000			$ 100,000,000
Designated as Hedging Instrument [Member] | $24.0 Million Mortgage Loan Interest Rate Swap [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Derivative Inception Date					May 2,016
Derivative, Notional Amount		$ 24,000,000			$ 24,000,000
From Inception through March 2, 2015 Designated as a Cash Flow Hedge and from March 3, 2015 through Termination Date No Longer Designated as a Cash Flow Hedge [Member] | Repayment of $100 Million Unsecured Term Loan and Termination of Interest Rate Swap May 2015 [Member]
Fair Value of Financial Instruments (Details) [Line Items]
Interest Rate Swap Termination, Cash Settlement						1,100,000
Derivative, Notional Amount			$ 100,000,000			100,000,000
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax				$ (300,000)
Amount of losses reclassified from accumulated other comprehensive loss into net income						800,000
Accumulated Other Comprehensive Income (Loss), Net of Tax								$ (800,000)
Repayments of Unsecured Debt						100,000,000
Realized Gain (Loss) on Derivative						$ (1,100,000)

Fair Value of Financial Instr32

Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2016	Dec. 31, 2015
Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements [Line Items]
Fair value (liability)		$ (14,252)	$ (2,191)
Not Designated as Hedging Instrument [Member] | Interest Rate Swap #1 [Member]
Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements [Line Items]
Notional amount	[1]	$ 0
Assumption or Origination Date		Mar. 1, 2014
Maturity date		Jan. 13, 2017
Swap fiixed interest rate		1.10%
Fair value (liability)		$ 0	(134)
Designated as Hedging Instrument [Member] | Interest Rate Swap #2 [Member]
Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements [Line Items]
Notional amount	[2]	$ 212,500
Assumption or Origination Date		May 21, 2015
Maturity date		May 18, 2020
Swap fiixed interest rate		1.58%
Fair value (liability)		$ (7,035)	(1,233)
Designated as Hedging Instrument [Member] | Interest Rate Swap #3 [Member]
Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements [Line Items]
Notional amount	[2]	$ 110,000
Assumption or Origination Date		Jul. 2, 2015
Maturity date		May 18, 2020
Swap fiixed interest rate		1.62%
Fair value (liability)		$ (3,809)	(824)
Designated as Hedging Instrument [Member] | Interest Rate Swap #4 [Member]
Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements [Line Items]
Notional amount	[2]	$ 50,000
Assumption or Origination Date		Apr. 7, 2016
Maturity date		Mar. 31, 2021
Swap fiixed interest rate		1.09%
Fair value (liability)		$ (567)	0
Designated as Hedging Instrument [Member] | Interest Rate Swap #5 [Member]
Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements [Line Items]
Notional amount	[2]	$ 100,000
Assumption or Origination Date		Apr. 7, 2016
Maturity date		Mar. 31, 2023
Swap fiixed interest rate		1.33%
Fair value (liability)		$ (1,854)	0
Designated as Hedging Instrument [Member] | Interest Rate Swap #6 [Member]
Fair Value of Financial Instruments (Details) - Schedule of Interest Rate Swap Agreements [Line Items]
Notional amount	[3]	$ 24,000
Assumption or Origination Date		May 9, 2016
Maturity date		Jun. 11, 2026
Swap fiixed interest rate		1.72%
Fair value (liability)		$ (987)	$ 0
[1]	On June 15, 2016, the Company repaid the related mortgage note and terminated this swap agreement. As part of this termination, the Company paid the fair value of the swap, approximately $0.1 million, to satisfy the outstanding liability at the time of termination.
[2]	In May 2015 and July 2015, the Company entered into interest rate swap agreements with a commercial bank for the same notional amounts as its $212.5 million term loan and its $110 million term loan. In April 2016, the Company entered into forward interest rate swap agreements with a commercial bank, which beginning on September 30, 2016 will effectively fix the interest rate on the $50 million term loan and $100 million term loan. See Note 5 for more information on the term loans. Each of these swaps has been designated as a cash flow hedge for accounting purposes.
[3]	In May 2016, the Company entered into an interest rate swap agreement with a commercial bank for the same notional amount as a $24 million mortgage loan, which has been designated as a cash flow hedge for accounting purposes. See Note 5 for more information on the mortgage debt.

Related Parties (Details)

Related Parties (Details) - USD ($) shares in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Related Parties (Details) [Line Items]
Related Party Transaction, Description of Transaction	To efficiently manage cash disbursements, the Company, Apple Ten, A10A or ARG may make payments for any or all of the related companies. Under the cash management process, each of the companies may advance or defer up to $1 million at any time. Each month, any outstanding amounts are settled among the affected companies. This process allows each company to minimize its cash on hand, which, in turn, reduces the cost of each company’s credit facility. The amounts outstanding at any point in time are not significant to any of the companies.
Apple Air Holding, LLC [Member]
Related Parties (Details) [Line Items]
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions	74.00%
Aircraft Owned by Executive Officers [Member]
Related Parties (Details) [Line Items]
Aircraft Rental Expense	$ 0.1	$ 0.1
Officers and Executive Chairman [Member] | Apple Ten and Apple Hospitality Merger Agreement [Member]
Related Parties (Details) [Line Items]
Business Combination, Common Shares to be Issued to Related Party (in Shares)	3.1
Business Combination, Total Cash to be Paid to Related Party as Partial Consideration	$ 6
Subcontract Agreement between Apple Hospitality and Apple Ten Advisors, Inc. [Member] | Apple Ten [Member]
Related Parties (Details) [Line Items]
Management Advisory Fee Received From Related Party, Percent	0.1% to 0.25%
Subcontract Agreement between Apple Hospitality and Apple Ten Advisors, Inc. [Member] | Apple Ten [Member] | Advisory Fees Earned by Apple Hospitality [Member]
Related Parties (Details) [Line Items]
Related Party Transaction, Amounts of Transaction	$ (1.2)	(1.2)
Reimbursement Received From Related Parties For Their Proportionate Share of Staffing and Office Related Costs Provided by Apple Hospitality [Member]
Related Parties (Details) [Line Items]
Related Party Transaction, Amounts of Transaction	(1.7)	$ (1.3)
Due from Related Parties	$ 0.1		$ 0.3
Apple Ten's Minority Interest [Member] | Apple Air Holding, LLC [Member]
Related Parties (Details) [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	26.00%
Other Noncontrolling Interests	$ 0.8		$ 0.7

Shareholders' Equity (Details)

Shareholders' Equity (Details) $ / shares in Units, $ in Thousands	May 18, 2015shares	Jan. 31, 2016USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / shares	May 31, 2015$ / shares	Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Jan. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares
Shareholders' Equity (Details) [Line Items]
Payments of Ordinary Dividends, Common Stock						$ 104,713	$ 124,238
Dividends Payable			$ 17,451	$ 17,560		$ 17,451	$ 17,560			$ 17,451
Reverse Stock Split Ratio of Common Stock	0.50
Common Stock, Shares, Outstanding (in Shares) | shares			174,670,726			174,670,726			174,368,340	174,670,726
Common Stock, Shares, Issued (in Shares) | shares			174,670,726			174,670,726			174,368,340	174,670,726
Distributions [Member]
Shareholders' Equity (Details) [Line Items]
Common Stock, Dividends, Per Share, Cash Paid (in Dollars per share) | $ / shares			$ 0.30	$ 0.3267		$ 0.60	$ 0.6667
Payments of Ordinary Dividends, Common Stock			$ 52,400	$ 60,800		$ 104,700	$ 124,200
Dividends Payable, Amount Per Share (in Dollars per share) | $ / shares			$ 0.10			$ 0.10			$ 0.10	$ 0.10
Dividends Payable			$ 17,500			$ 17,500			$ 17,400	$ 17,500
Annual Distribution [Member]
Shareholders' Equity (Details) [Line Items]
Annual Distribution rate (in Dollars per share) | $ / shares					$ 1.36					$ 1.20
Tender Offer [Member]
Shareholders' Equity (Details) [Line Items]
Stock Repurchase Program, Authorized Amount									$ 200,000
Stock Repurchase Program Commencement Date									May 18, 2015
Stock Repurchase Program Expiration Date									Jun. 22, 2015
Stock Repurchased and Retired During Period, Shares (in Shares) | shares									10,500,000
Stock Repurchased During Period, Price Per Share (in Dollars per share) | $ / shares									$ 19
Stock Repurchased and Retired During Period, Value									$ 200,000
Percent of Common Shares Properly Tendered									97.00%
Stock Repurchase, Costs Incurred									$ 600
Share Repurchase Program [Member]
Shareholders' Equity (Details) [Line Items]
Stock Repurchase Program, Authorized Amount		$ 500,000	475,000			$ 475,000		$ 500,000		$ 475,000
Stock Repurchased and Retired During Period, Shares (in Shares) | shares		20,000						1,300,000
Stock Repurchased and Retired During Period, Value		$ 400						$ 22,400
Stock Repurchased During Period, Weighted Average Market Purchase Price Per Share (in Dollars per share) | $ / shares		$ 18.10						$ 17.62
Share Repurchase Program, Extension Description						In June 2016, the Board of Directors approved a one-year extension of the program authorizing share repurchases up to an aggregate of $475 million.
Stock Repurchase Program, Remaining Authorized Repurchase Amount			$ 475,000			$ 475,000				$ 475,000
Share Repurchase Program End Date						July 2,017
Terminated Share Redemption Program [Member]
Shareholders' Equity (Details) [Line Items]
Stock Repurchased and Retired During Period, Shares (in Shares) | shares							800,000
Stock Repurchased During Period, Price Per Share (in Dollars per share) | $ / shares							$ 18.40
Stock Repurchased and Retired During Period, Value							$ 14,900
Share Redemption Program, Termination Date							April 2,015
Common Shares Prior to Reverse Share Split [Member]
Shareholders' Equity (Details) [Line Items]
Common Stock, Shares, Outstanding (in Shares) | shares	372,200,000
Common Stock, Shares, Issued (in Shares) | shares	372,200,000
Common Shares After Reverse Share Split [Member]
Shareholders' Equity (Details) [Line Items]
Common Stock, Shares, Outstanding (in Shares) | shares	186,100,000
Common Stock, Shares, Issued (in Shares) | shares	186,100,000

Compensation Plans (Details)

Compensation Plans (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
2014 Omnibus Incentive Plan [Member]
Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares)	10,000,000			10,000,000
2016 Executive Incentive Plan [Member]
Compensation Plans (Details) [Line Items]
Compensation Arrangement by Cash and Share-based Payment Award, Component Description				The components of the operational performance metrics and shareholder return metrics are equally weighted and the two metrics each account for 50% of the total target incentive compensation.
Labor and Related Expense	$ 1,700,000			$ 3,600,000
Accrued Bonuses, Current	3,600,000			$ 3,600,000
Portion of Awards Paid in Cash				25.00%
Portion of Awards Issued in Equity				75.00%
2015 Executive Incentive Plan [Member]
Compensation Plans (Details) [Line Items]
Labor and Related Expense			$ 1,000,000		$ 3,200,000
2015 Executive Incentive Plan [Member] | Total Common Shares Earned [Member] | Share Based Compensation [Member]
Compensation Plans (Details) [Line Items]
Accrued Bonuses, Current						$ 4,500,000
Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares)		304,345
Shares Issued, Price Per Share (in Dollars per share)		$ 19.87
Stock Issued During Period, Value, Share-based Compensation, Gross		$ 6,000,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized						$ 1,600,000
2015 Executive Incentive Plan [Member] | Total Common Shares Earned [Member] | Share Based Compensation [Member] | Unrestricted Shares at Time of Issuance [Member]
Compensation Plans (Details) [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares)		146,279
2015 Executive Incentive Plan [Member] | Total Common Shares Earned [Member] | Share Based Compensation [Member] | Restricted Shares Vesting on December 31, 2016 [Member]
Compensation Plans (Details) [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares)		158,066
Allocated Share-based Compensation Expense	$ 400,000			$ 800,000
Equity Awards Vesting at End of 2016 [Member] | 2016 Executive Incentive Plan [Member]
Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Portion				two-thirds
Equity Awards Vesting at End of 2017 [Member] | 2016 Executive Incentive Plan [Member]
Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Portion				one-third
Minimum Potential Aggregate Payout [Member] | 2016 Executive Incentive Plan [Member]
Compensation Plans (Details) [Line Items]
Labor and Related Expense				$ 0
Maximum Potential Aggregate Payout [Member] | 2016 Executive Incentive Plan [Member]
Compensation Plans (Details) [Line Items]
Labor and Related Expense				$ 15,000,000

Subsequent Events (Details)

Subsequent Events (Details) $ / shares in Units, $ in Thousands	1 Months Ended	6 Months Ended
	Jul. 31, 2016USD ($)$ / shares	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jul. 01, 2016USD ($)
Subsequent Events (Details) [Line Items]
Payments of Ordinary Dividends, Common Stock		$ 104,713	$ 124,238
Aggregate Number of Hotel Rooms		22,961
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Payments of Ordinary Dividends, Common Stock	$ 17,500
Common Stock, Dividends, Per Share, Cash Paid | $ / shares	$ 0.10
Dividend Payable, Date	July 2,016
Common Stock, Dividends, Per Share, Declared | $ / shares	$ 0.10
Dividends Payable, Date to be Paid	Aug. 15, 2016
Home2 Suites Atlanta, GA [Member] | Hotel Acquisitions [Member] | Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Aggregate Number of Hotel Rooms				128
Business Acquisition, Gross Purchase Price				$ 24,600