Chatham Lodging Trust (CLDT) 10-Q6 Nov 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2014	Nov. 05, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'CLDT	'
Entity Registrant Name	'CHATHAM LODGING TRUST	'
Entity Central Index Key	'0001476045	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	33,997,934

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Assets:	'	'
Investment in hotel properties, net	$994,848	$652,877
Cash and cash equivalents	67,056	4,221
Restricted cash	15,301	4,605
Investment in unconsolidated real estate entities	3,692	774
Hotel receivables (net of allowance for doubtful accounts of $65 and $30, respectively)	4,203	2,455
Deferred costs, net	7,202	7,113
Prepaid expenses and other assets	2,870	1,879
Total assets	1,095,172	673,924
Liabilities and Equity:	'	'
Mortgage debt	473,904	222,063
Revolving credit facility	0	50,000
Accounts payable and accrued expenses	17,818	12,799
Distributions and losses in excess of investments of unconsolidated real estate entities	0	1,576
Distributions payable	2,850	1,950
Total liabilities	494,572	288,388
Commitments and contingencies	'	'
Shareholders' Equity:	'	'
Preferred shares, $0.01 par value, 100,000,000 shares authorized and unissued at September 30, 2014 and December 31, 2013	'	'
Common shares, $0.01 par value, 500,000,000 shares authorized; 33,997,682 and 26,295,558 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively	337	261
Additional paid-in capital	594,528	433,900
Retained earnings (distributions in excess of retained earnings)	2,389	-50,792
Total shareholders' equity	597,254	383,369
Noncontrolling Interests:	'	'
Noncontrolling Interest in Operating Partnership	3,346	2,167
Total equity	600,600	385,536
Total liabilities and equity	$1,095,172	$673,924

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
Hotel receivables	$65	$30
Preferred shares, par value	$0.01	$0.01
Preferred shares, shares authorized	100,000,000	100,000,000
Preferred shares, shares issued	'	'
Common shares, par value	$0.01	$0.01
Common shares, shares authorized	500,000,000	500,000,000
Common shares, shares issued	33,997,682	26,295,558
Common shares, shares outstanding	33,997,682	26,295,558

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenue:	'	'	'	'
Room	$57,482	$33,182	$135,417	$86,377
Food and beverage	666	368	1,879	717
Other	2,098	1,362	5,727	3,575
Cost reimbursements from unconsolidated real estate entities	416	458	1,581	1,226
Total revenue	60,662	35,370	144,604	91,895
Hotel operating expenses:	'	'	'	'
Room	10,672	6,845	27,229	18,460
Food and beverage	487	189	1,386	506
Telephone	356	236	929	643
Other hotel operating	609	430	1,559	1,157
General and administrative	4,439	3,159	11,712	8,493
Franchise and marketing fees	4,694	2,663	11,088	6,807
Advertising and promotions	1,059	738	2,749	2,046
Utilities	2,148	1,492	5,250	3,675
Repairs and maintenance	2,363	1,710	6,419	4,711
Management fees	1,883	947	4,373	2,430
Insurance	273	192	706	540
Total hotel operating expenses	28,983	18,601	73,400	49,468
Depreciation and amortization	10,273	4,748	23,953	12,526
Property taxes and insurance	3,254	2,297	8,712	6,329
General and administrative	2,718	1,910	7,403	5,956
Hotel property acquisition costs and other charges	335	1,345	7,376	2,581
Reimbursed costs from unconsolidated real estate entities	416	458	1,581	1,226
Total operating expenses	45,979	29,359	122,425	78,086
Operating income	14,683	6,011	22,179	13,809
Interest and other income	62	9	89	124
Interest expense, including amortization of deferred fees	-6,714	-2,775	-14,815	-8,433
Loss on early extinguishment of debt	0	0	-184	-933
Income (loss) from unconsolidated real estate entities	845	-674	-1,471	-1,394
Net gain from remeasurement and sale of investment in unconsolidated real estate entities	0	0	66,701	0
Income before income tax expense	8,876	2,571	72,499	3,173
Income tax expense	-44	-30	-85	-75
Net income	8,832	2,541	72,414	3,098
Net income attributable to noncontrolling interests	-132	0	-240	0
Net income attributable to common shareholders	$8,700	$2,541	$72,174	$3,098
Income per Common Share - Basic:	'	'	'	'
Net income attributable to common shareholders (in dollars per share)	$0.32	$0.11	$2.70	$0.15
Income per Common Share - Diluted:	'	'	'	'
Net income attributable to common shareholders (in dollars per share)	$0.31	$0.11	$2.67	$0.15
Weighted average number of common shares outstanding:	'	'	'	'
Basic (in shares)	27,370,815	22,508,988	26,697,483	19,308,809
Diluted (in shares)	27,695,347	22,769,282	26,994,657	19,539,941
Distributions per common share: (in dollars per share)	$0.24	$0.21	$0.69	$0.63

Consolidated_Statements_of_Equ

Consolidated Statements of Equity (USD $)	Total	Common Shares	Additional Paid-In Capital	Retained earnings (distributions in excess of retained earnings)	Total Shareholders' Equity	Noncontrolling Interest in Operating Partnership
In Thousands, except Share data, unless otherwise specified	Total	Common Shares	Additional Paid-In Capital		Total Shareholders' Equity	Noncontrolling Interest in Operating Partnership
Beginning Balance at Dec. 31, 2012	$206,612	$137	$240,355	($35,491)	$205,001	$1,611
Beginning Balance (in shares) at Dec. 31, 2012	'	13,908,907	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'
Issuance of shares pursuant to Equity Incentive Plan (in shares)	'	22,536	'	'	'	'
Issuance of shares pursuant to Equity Incentive Plan	337	'	337	'	337	'
Issuance of shares, net of offering costs of $6,881 in 2014 and $9,796 in 2013 (in shares)	'	11,818,500	'	'	'	'
Issuance of shares, net of offering costs of $6,881 in 2014 and $9,796 in 2013	184,009	119	183,890	'	184,009	'
Issuance of restricted time-based shares (in shares)	'	40,829	'	'	'	'
Issuance of performance based shares (in shares)	'	17,731	'	'	'	'
Repurchase of common shares (in shares)	'	-445	'	'	'	'
Repurchase of common shares	-7	'	-7	'	-7	'
Amortization of share based compensation	1,336	'	749	'	749	587
Dividends declared on common shares ($0.69 per share) in 2014 and ($0.63 per share) in 2013	-12,745	'	'	-12,745	-12,745	'
Distributions declared on LTIP units ($0.69 per unit) in 2014 and ($0.63 per unit) in 2013	-163	'	'	'	'	-163
Reallocation of noncontrolling interest	0	'	7	'	7	-7
Net income	3,098	'	'	3,098	3,098	'
Ending Balance at Sep. 30, 2013	382,477	256	425,331	-45,138	380,449	2,028
Ending Balance (in shares) at Sep. 30, 2013	'	25,808,058	'	'	'	'
Beginning Balance at Dec. 31, 2013	385,536	261	433,900	-50,792	383,369	2,167
Beginning Balance (in shares) at Dec. 31, 2013	'	26,295,558	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'
Issuance of shares pursuant to Equity Incentive Plan (in shares)	'	16,542	'	'	'	'
Issuance of shares pursuant to Equity Incentive Plan	337	'	337	'	337	'
Issuance of shares, net of offering costs of $6,881 in 2014 and $9,796 in 2013 (in shares)	'	7,606,894	'	'	'	'
Issuance of shares, net of offering costs of $6,881 in 2014 and $9,796 in 2013	159,970	76	159,894	'	159,970	'
Issuance of restricted time-based shares (in shares)	'	48,213	'	'	'	'
Issuance of performance based shares (in shares)	'	31,342	'	'	'	'
Repurchase of common shares (in shares)	'	-867	'	'	'	'
Repurchase of common shares	-18	'	-18	'	-18	'
Amortization of share based compensation	1,532	'	945	'	945	587
Dividends declared on common shares ($0.69 per share) in 2014 and ($0.63 per share) in 2013	-18,993	'	'	-18,993	-18,993	'
Distributions declared on LTIP units ($0.69 per unit) in 2014 and ($0.63 per unit) in 2013	-178	'	'	'	'	-178
Reallocation of noncontrolling interest	0	'	-530	'	-530	530
Net income	72,414	'	'	72,174	72,174	240
Ending Balance at Sep. 30, 2014	$600,600	$337	$594,528	$2,389	$597,254	$3,346
Ending Balance (in shares) at Sep. 30, 2014	'	33,997,682	'	'	'	'

Consolidated_Statements_of_Equ1

Consolidated Statements of Equity (Parenthetical) (USD $)	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Statement of Stockholders' Equity [Abstract]	'	'
Issuance of shares, offering costs	$6,881	$9,796
Common shares, dividend declared per share	$0.69	$0.63
LTIP units, distributions per unit	$0.69	$0.63

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net income	$72,414	$3,098
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	23,862	12,446
Amortization of deferred franchise fees	91	61
Amortization of deferred financing fees included in interest expense	1,137	809
Net gain from remeasurement and sale of investment in unconsolidated real estate entities	-66,701	0
Loss on early extinguishment of debt	184	933
Loss on write-off of deferred franchise fee	0	64
Share based compensation	1,840	1,589
Loss from unconsolidated real estate entities	1,471	1,394
Changes in assets and liabilities:	'	'
Hotel receivables	-733	-151
Deferred costs	-472	-118
Prepaid expenses and other assets	-718	-532
Accounts payable and accrued expenses	5,159	2,359
Net cash provided by operating activities	37,534	21,952
Cash flows from investing activities:	'	'
Improvements and additions to hotel properties	-10,119	-11,154
Acquisition of hotel properties, net of cash acquired	-297,299	-117,805
Distributions from unconsolidated entities	922	13,102
Investment in unconsolidated real estate entities	0	-1,649
Restricted cash	-10,696	-2,113
Net cash used in investing activities	-317,192	-119,619
Cash flows from financing activities:	'	'
Borrowings on revolving credit facility	162,000	135,000
Repayments on revolving credit facility	-212,000	-166,000
Payments on debt	-1,973	-1,441
Proceeds from the issuance of debt	286,000	117,033
Principal prepayment of mortgage debt	-32,186	-100,130
Payment of financing costs	-1,120	-1,009
Payment of offering costs	-6,790	-9,796
Proceeds from issuance of common shares	166,851	193,805
In-substance repurchase of vested common shares	-18	-7
Distributions-common shares/units	-18,271	-13,883
Net cash provided by financing activities	342,493	153,572
Net change in cash and cash equivalents	62,835	55,905
Cash and cash equivalents, beginning of period	4,221	4,496
Cash and cash equivalents, end of period	67,056	60,401
Supplemental disclosure of cash flow information:	'	'
Cash paid for interest	12,502	7,592
Cash paid for income taxes	$220	$77

Consolidated_Statements_of_Cas1

Consolidated Statements of Cash Flows (Parenthetical) (USD $)	0 Months Ended
	Jun. 09, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Statement of Cash Flows [Abstract]	'	'	'	'
Accrued distributions payable	'	$2,850,000	$1,950,000	$1,900,000
Accrued but unpaid distribution	'	109,000	'	75,000
Accrued share based compensation	'	309,000	'	253,000
Accounts payable and accrued expenses	'	150,000	'	1,121,000
Deferred costs	'	'	91,000	'
Acquisition of hotel properties, noncash value	$6,900,000	'	'	'

Organization

Organization	9 Months Ended
Organization	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization	'
	Organization
	Chatham Lodging Trust (“we,” “us” or the “Company”) was formed as a Maryland real estate investment trust (“REIT”) on October 26, 2009. The Company is internally-managed and invests primarily in premium-branded upscale extended-stay and select-service hotels.
	In January 2014, the Company established an At the Market Equity Offering ("ATM Plan") whereby, from time to time, we may publicly offer and sell up to $50 million of our common shares by means of ordinary brokers’ transactions on the New York Stock Exchange (the "NYSE"), in negotiated transactions or in transactions that are deemed to be “at the market” offerings as defined in Rule 415 under the Securities Act of 1933, with Cantor Fitzgerald & Co. acting as sales agent. As of September 30, 2014, we had issued 705,820 shares under the ATM Plan at a weighted average price of $22.76. As of September 30, 2014, there was approximately $33.9 million of common shares available for issuance under the ATM Plan.
	In January 2014, the Company established a $25 million dividend reinvestment and stock purchase plan ("DRSPP"). Under the DRSPP, shareholders may purchase additional common shares by reinvesting some or all of the cash dividends received on the Company's common shares. Shareholders may also make optional cash purchases of the Company's common shares subject to certain limitations detailed in the prospectus for the DRSPP. As of September 30, 2014, we had issued 1,074 shares under the DRSPP at a weighted average price of $22.24. As of September 30, 2014, there was approximately $24.9 million of common shares available for issuance under the DRSPP.
	On September 24, 2014, the Company completed a follow-on common share offering of 6,900,000 shares (including 900,000 shares pursuant to the exercise of the underwriters' option to purchase additional shares) generating gross proceeds of $150.8 million and net proceeds to the Company of approximately $144.7 million. Proceeds from the September offering were used to pay down borrowings under the Company's senior secured revolving credit facility, including debt incurred in connection with the acquisition of the Cherry Creek Hyatt Place hotel in Glendale, CO (the "Cherry Creek Hotel") and to invest in additional hotel properties, including the pending Company's equity contribution towards the purchase price for the acquisition of a 52-hotel portfolio from Inland American Real Estate Trust, Inc. by a joint venture (the "Inland JV") with NorthStar Realty Finance Corp ("NorthStar") and the pending acquisition of four hotels by us from the joint venture for which we have an option to purchase (included within the 52 hotels) which is expected to close in the fourth quarter of 2014.
	The net proceeds from any share offerings are contributed to Chatham Lodging, L.P., our operating partnership (the “Operating Partnership”), in exchange for partnership interests. Substantially all of the Company’s assets are held by, and all operations are conducted through, the Operating Partnership. Chatham Lodging Trust is the sole general partner of the Operating Partnership and owns 100% of the common units of limited partnership interest in the Operating Partnership. Certain of the Company’s executive officers hold vested and unvested long-term incentive plan units in the Operating Partnership, which are presented as non-controlling interests on our consolidated balance sheets.
	As of September 30, 2014, the Company owned 30 hotels with an aggregate of 4,540 rooms located in 15 states and the District of Columbia. The Company also owns a 10.3% noncontrolling interest in a joint venture (the “NewINK JV”) with NorthStar (separate from the Inland JV), which was formed in the second quarter of 2014 to acquire, 47 hotels from a joint venture (the "Innkeepers JV") between the Company and Cerberus Capital Management ("Cerberus") comprising an aggregate of 6,094 rooms, and owns a 5.0% noncontrolling interest in a joint venture (the "Torrance JV") with Cerberus that owns the 248-room Residence Inn by Marriott in Torrance, CA.
	To qualify as a REIT, the Company cannot operate the hotels. Therefore, the Operating Partnership and its subsidiaries lease our wholly owned hotels to taxable REIT subsidiary lessees (“TRS Lessees”), which are wholly owned by one of the Company’s taxable REIT subsidiary (“TRS”) holding companies. The Company indirectly owns its interest in 47 of the NewINK JV hotels and its interest in the Torrance JV through the Operating Partnership. All of the NewINK JV hotels and the Torrance JV hotel are leased to TRS Lessees, in which the Company indirectly owns noncontrolling interests through one of its TRS holding companies. Each hotel is leased to a TRS Lessee under a percentage lease that provides for rental payments equal to the greater of (i) a fixed base rent amount or (ii) a percentage rent based on hotel room revenue. The initial term of each of the TRS leases is 5 years. Lease revenue from each TRS Lessee is eliminated in consolidation.
	The TRS Lessees have entered into management agreements with third party management companies that provide day-to-day management for the hotels. As of September 30, 2014, Island Hospitality Management Inc. (“IHM”), which is 90% owned by Jeffrey H. Fisher, the Company's Chairman, President and Chief Executive Officer, managed 28 of the Company’s wholly owned hotels and Concord Hospitality Enterprises Company managed two of the Company’s wholly owned hotels. As of September 30, 2014, all of the NewINK JV hotels were managed by IHM. The Torrance JV hotel is managed by Marriott International, Inc. ("Marriott").

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	Basis of Presentation
	The accompanying unaudited interim consolidated financial statements and related notes have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and in conformity with the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim financial information. These unaudited consolidated financial statements, in the opinion of management, include all adjustments consisting of normal, recurring adjustments which are considered necessary for a fair presentation of the consolidated balance sheets, consolidated statements of operations, consolidated statements of equity, and consolidated statements of cash flows for the periods presented. Interim results are not necessarily indicative of full year performance due to seasonal and other factors including the timing of the acquisition of hotels.
	The consolidated financial statements include all of the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions are eliminated in consolidation. The accompanying unaudited consolidated financial statements should be read in conjunction with the audited financial statements prepared in accordance with GAAP, and the related notes thereto as of December 31, 2013, which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

Recently_Issued_Accounting_Sta

Recently Issued Accounting Standards	9 Months Ended
Recently Issued Accounting Standards	Sep. 30, 2014
Accounting Policies [Abstract]	'
Recently Issued Accounting Standards	'
	Recently Issued Accounting Standards

	In April 2014, the FASB issued amendments to guidance for reporting discontinued operations and disposals of components of an entity. The amended guidance requires that a disposal representing a strategic shift that has (or will have) a major effect on an entity’s operations and financial results or a business activity classified as held for sale upon acquisition should be reported as discontinued operations. The amendments also expand the disclosure requirements for discontinued operations and adds new disclosures for individually significant dispositions that do not qualify as discontinued operations. The amendments are effective prospectively for fiscal years, and interim reporting periods within those years, beginning after December 15, 2014 (early adoption is permitted only for disposals that have not been previously reported). Early adoption is permitted for disposals that have not been reported in financial statements previously issued. We adopted this accounting standard update effective January 1, 2014 and do not expect the implementation of the amended guidance to have a material impact on the Company's consolidated financial position or results of operations, but do expect these amendments to impact the Company's determination of which future property disposals qualify as discontinued operations as well as requiring additional disclosures about discontinued operations.

	On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its financial statements.

	In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entities Ability to Continue as a Going Concern, which requires management to perform interim and annual assessments of an entities ability to continue within one year of the date the financial statements are issued and provides guidance on determining when and how to disclose going concern uncertainties in the financial statements. Certain disclosures will be required if conditions give rise to substantial doubt about an entity's ability to continue as a going concern. This guidance is effective for the Company on January 1, 2017 and will not have an impact on the Company's financial position, results of operations or cash flows.

Acquisition_of_Hotel_Propertie

Acquisition of Hotel Properties	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Acquisition of Hotel Properties	'
	Acquisition of Hotel Properties
	Hotel Purchase Price Allocation
	The allocation of the purchase price (a) the Company's acquisition of four hotels located in the Silicon Valley region of California (hereinafter the "Silicon Valley Hotels"), which included the (i) Residence Inn Silicon Valley I hotel, (ii) Residence Inn Silicon Valley II hotel, (iii) Residence Inn San Mateo hotel and (iv) Residence Inn Mountain View hotel and (b) the Cherry Creek Hotel, based on the fair value on the date of their acquisition, was (dollars in thousands):


		Silicon Valley Hotels			Cherry Creek Hotel
	Acquisition date	6/9/14			8/29/14

	Number of Rooms	751			194

	Land	$	149,565		$	3,700

	Building and improvements	159,391			26,300

	Furniture, fixtures and equipment	14,897			2,000

	Cash	25			1

	Restricted cash	—			—

	Accounts receivable	959			56

	Deferred costs, net	—			—

	Prepaid expenses and other assets	289			17

	Accounts payable and accrued expenses	—			(62		)

	Mortgage debt	—			—

	Net assets acquired	$	325,126		$	32,012

	Less: Fair value of interest in the Silicon Valley Hotels and NewINK JV	$	(59,813	)	$	—

	Net assets acquired, net of cash and Fair Value of interest in the Silicon Valley Hotels and New INK JV	$	265,288		$	32,011


	The Company incurred acquisition costs of $0.3 million and $7.4 million, respectively, during the three and nine months ended September 30, 2014, and $1.3 million and $2.6 million, respectively, during the three and nine months ended September 30, 2013.
	The amount of revenue and operating income from the new hotels acquired in 2014 are as follows (in thousands):


		For the three months ended							For the nine months ended
		September 30,							September 30,
		2014							2014
		Revenue				Operating Income			Revenue			Operating Income

	Silicon Valley Hotels	$	12,836			$	7,966		$	15,911		$	10,079

	Cherry Creek Hotel	840				468			840			468

	Total	$	13,676			$	8,434		$	16,751		$	10,547


	Pro Forma Financial Information
	The following condensed pro forma financial information presents the unaudited results of operations for the three and nine months ended September 30, 2014 and 2013 as if the acquisition of the hotels acquired in 2014 and 2013 had taken place on January 1, 2013 and 2012. The unaudited pro forma results have been prepared for comparative purposes only and are not necessarily indicative of what actual results of operations would have been had the acquisitions taken place on January 1, 2013 and 2012, nor do they purport to represent the results of operations for future periods (in thousands, except share and per share data).


		For the three months ended							For the nine months ended
		September 30,							September 30,
		2014				2013			2014			2013
	Pro forma total revenue	$	62,109			$	54,694		$	168,884		$	149,120

	Pro forma net income (loss)	$	9,212			$	4,820		$	6,492		$	72,556

Pro forma income (loss) per share:
Basic	$	0.27			$	0.14		$	0.19		$	2.13

Diluted	$	0.27			$	0.14		$	0.19		$	2.12

Weighted average Common Shares Outstanding
Basic	33,997,682				33,997,682			33,997,682			33,997,682

Diluted	34,322,214				34,257,976			34,294,856			34,228,814

Allowance_for_Doubtful_Account

Allowance for Doubtful Accounts	9 Months Ended
Allowance for Doubtful Accounts	Sep. 30, 2014
Receivables [Abstract]	'
Allowance for Doubtful Accounts	'
	Allowance for Doubtful Accounts
	The Company maintains an allowance for doubtful accounts at a level believed to be adequate to absorb estimated probable losses. That estimate is based on past loss experience, current economic and market conditions and other relevant factors. The allowance for doubtful accounts was $65 thousand and $30 thousand as of September 30, 2014 and December 31, 2013, respectively.

Investment_in_Hotel_Properties

Investment in Hotel Properties	9 Months Ended
	Sep. 30, 2014
Investments Schedule [Abstract]	'
Investment in Hotel Properties	'
	Investment in Hotel Properties
	Investment in hotel properties as of September 30, 2014 and December 31, 2013 consisted of the following (in thousands):



		September 30, 2014			December 31, 2013
	Land and improvements	$	248,120		$	94,847

	Building and improvements	750,387			559,713

	Furniture, fixtures and equipment	57,245			36,628

	Renovations in progress	5,233			4,006

		1,060,985			695,194

	Less accumulated depreciation	(66,137		)	(42,317		)
	Investment in hotel properties, net	$	994,848		$	652,877

Investment_in_Unconsolidated_E

Investment in Unconsolidated Entities	9 Months Ended
	Sep. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]	'
Investment in Unconsolidated Entities	'
	Investment in Unconsolidated Entities
	On April 17, 2013, the Company acquired a 5.0% interest in the Torrance JV for $1.7 million. The Torrance JV acquired the 248-room Residence Inn by Marriott in Torrance, CA for $31.0 million. The Company accounts for this investment under the equity method. During the three and nine months ended September 30, 2014 and 2013, the Company received cash distributions from the Torrance JV as follows (in thousands):


		For the three months ended							For the nine months ended
		September 30,							September 30,
		2014			2013				2014				2013
	Cash generated from other activities and excess cash	$	62		$	25			$	100			$	25

	Cash generated from financing activities	—			—				—				908

	Total	$	62		$	25			$	100			$	933


	The Company owned a 10.3% interest in a joint venture (the "Innkeepers JV") with Cerberus, which owned 51 hotels comprising an aggregate of 6,845 rooms until June 9, 2014. The Company accounted for this investment under the equity method. During the three and nine months ended September 30, 2014 and 2013, the Company received cash distributions from the Innkeepers JV as follows (in thousands):


		For the three months ended							For the nine months ended
		September 30,							September 30,
		2014			2013				2014				2013
	Cash generated from other activities and excess cash	$	—		$	1,894			$	411			$	1,894

	Cash generated from asset sales	—			130				—				130

	Cash generated from financing activities	—			10,145				—				10,145

	Total	$	—		$	12,169			$	411			$	12,169

	On June 9, 2014, the Innkeepers JV completed the sale of 47 of the 51-hotels, owned by the Innkeepers JV to a new joint venture between affiliates of NorthStar and the Company’s operating partnership (the “NewINK JV”): NorthStar owns an 89.7% interest in 47-hotel portfolio. The remaining four hotels that were part of the 51-hotel Innkeepers JV Portfolio, each of which is a Residence Inn hotel located in Silicon Valley, CA, were purchased by the Company (see note 4). The Company accounts for its investment in the NewINK JV and its prior investment in the Innkeepers JV under the equity method. The remeasurement gain of the Company's interest in the four Silicon Valley Hotels as a result of the step acquisition was approximately $18.8 million and the net gain from the Company's promote interest in the Innkeepers JV was approximately $47.9 million (which was credited toward the purchase of the Silicon Valley Hotels), resulting in a total gain of $66.7 million from the transaction. The Company's gain resulting from this transaction will be rolled tax deferred between the basis of the Company's investment in the NewINK JV and the Company's basis in the four Silicon Valley Hotels. As of September 30, 2014, the Company’s share of partners’ capital in the NewINK JV is approximately $20.4 million and the total difference between the carrying amount of investment and the Company’s share of partners’ capital is approximately $17.5 million (for which the basis difference related to amortizing assets is being recognized over the life of the related assets as a basis difference adjustment).

	During the three and nine months ended September 30, 2014 and 2013, the Company received cash distributions from the NewINK JV as follows (in thousands):


		For the three months ended							For the nine months ended
		September 30,							September 30,
		2014			2013				2014				2013
	Cash generated from other activities and excess cash	$	411		$	—			$	411			$	—

	Total	$	411		$	—			$	411			$	—



	The Company’s ownership interest in the NewINK JV is subject to change in the event that either the Company or NorthStar calls for additional capital contributions to the respective JV's for certain non-discretionary requirements, or; solely in the case of a capital call by NorthStar, necessary for the conduct of business, including contributions to fund costs and expenses related to capital expenditures. The Company manages each of the NewINK JV and the Torrance JV (collectively, the "JVs") and will receive a promote interest in each applicable JV if it meets certain return thresholds. NorthStar and Cerberus may also approve certain actions by each respective JV without the Company’s consent, including certain property dispositions conducted at arm’s length, certain actions related to the restructuring of each JV and removal of the Company as managing member in the event the Company fails to fulfill its material obligations under the applicable joint venture agreement.
	The Company's investment in the Innkeepers JV investment is $0.0 million at September 30, 2014. The Company's investment in the NewINK JV is $2.9 million at September 30, 2014. The Company's investment in the Torrance JV is $0.8 million at September 30, 2014. The Company has concluded that this adjustment is not material. The following table sets forth the combined components of net income (loss), including the Company’s share, related to the Innkeepers JV and NewINK JV for the three and nine months ended September 30, 2014 and 2013 (in thousands):



		For the three months ended							For the nine months ended
		September 30,							September 30,
		2014			2013				2014				2013
	Revenue	$	67,160		$	72,761			$	203,730			$	204,968

	Total hotel operating expenses	37,994			39,386				114,352				114,747

	Operating income	$	29,166		$	33,375			$	89,378			$	90,221

	Net income (loss) from continuing operations	$	6,104		$	(7,225	)		$	(17,073	)		$	(11,777	)

	Gain (loss) on sale of hotels	$	—		$	341			$	(5	)		$	(2,318	)

	Net income (loss)	$	6,104		$	(6,884	)		$	(17,078	)		$	(14,095	)


Income allocable to the Company	$	627		$	(707	)		$	(1,755	)		$	(1,448	)

Basis difference adjustment	185			—				185				—

Total income (loss) from unconsolidated real estate entities attributable to Chatham	$	812		$	(707	)		$	(1,570	)		$	(1,448	)

Debt

Debt	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Debt	'
	Debt
	The Company’s mortgage loans and its senior secured revolving credit facility are collateralized by first-mortgage liens on certain of the Company’s properties. The mortgages are non-recourse except for instances of fraud or misapplication of funds. Mortgage debt consisted of the following (dollars in thousands):



	Collateral	Interest		Maturity Date	9/30/14		Balance Outstanding on Loan as of
		Rate			Property
					Carrying
					Value		September 30, 2014		December 31,
									2013
	Senior Secured Revolving Credit Facility (1)	2.66	%	November 5, 2016	$	240,399	$	—	$	50,000

	SpringHill Suites by Marriott Washington, PA	5.84	%	April 1, 2015	10,665		4,805		4,937

	Courtyard by Marriott Altoona, PA	5.96	%	April 1, 2016	11,619		6,225		6,378

	Residence Inn by Marriott New Rochelle, NY	5.75	%	September 1, 2021	21,334		14,914		15,150

	Residence Inn by Marriott San Diego, CA	4.66	%	February 6, 2023	42,276		30,186		30,546

	Homewood Suites by Hilton San Antonio, TX	4.59	%	February 6, 2023	29,695		17,246		17,454

	Residence Inn by Marriott Vienna, VA	4.49	%	February 6, 2023	33,195		23,634		23,925

	Courtyard by Marriott Houston, TX	4.19	%	May 6, 2023	32,794		19,561		19,812

	Hyatt Place Pittsburgh, PA	4.65	%	July 6, 2023	38,490		23,753		24,028

	Residence Inn by Marriott Bellevue, WA	4.97	%	December 6, 2023	69,551		47,580		47,580

	Residence Inn by Marriott Garden Grove, CA (2)	4.79	%	April 6, 2024	43,282		34,000		32,253

	Residence Inn by Marriott Silicon Valley I, CA (3)	4.64	%	July 6, 2024	91,509		64,800		—

	Residence Inn by Marriott Silicon Valley II, CA (3)	4.64	%	July 6, 2024	100,401		70,700		—

	Residence Inn by Marriott San Mateo, CA (3)	4.64	%	July 6, 2024	71,759		48,600		—

	Residence Inn by Marriott Mountain View, CA (3)	4.64	%	July 6, 2024	55,525		37,900		—

	SpringHill Suites by Marriott Savannah, GA (4)	4.62	%	July 6, 2024	$	38,585	$	30,000	$	—

	Total				$	931,079	$	473,904	$	272,063



	-1	Thirteen properties in the borrowing base serve as collateral for borrowings under the senior secured revolving credit facility at September 30, 2014. The interest rate for the senior secured revolving credit facility is variable and based on LIBOR plus 2.5%.

	-2	On March 21, 2014, the Company refinanced the mortgage for the Residence Inn Garden Grove hotel. The new loan has a 10-year term and a 30-year amortization payment schedule but is interest only for the first 12 months. The Company incurred $0.2 million in costs for early extinguishment of debt related to the old loan.

	-3	On June 9, 2014, the Company obtained 4 new mortgage loans secured by a first mortgage for the Silicon Valley I, Silicon Valley II, San Mateo and Mountain View hotels. The new loans have a 10-year term and a 30-year amortization payment schedule but are interest only for the first 60 months.

	-4	On July 2, 2014, the Company obtained a new mortgage loan secured by a first mortgage for the Savannah hotel. The loan has a 10-year term and a 30-year amortization payment schedule but is interest only for the first 60 months.

	The Company entered into an amendment (the "Amendment") to its amended and restated senior secured revolving credit facility on December 11, 2013. The Amendment extends the maturity date to November 5, 2016 and includes an option to extend the maturity date by an additional year. The senior secured revolving credit facility includes limitations on the extent of allowable distributions to the Company not to exceed the greater of 95% of Adjusted Funds from Operations (as defined in the senior secured revolving credit facility) and the minimum amount of distributions required for the Company to maintain its REIT status. Other key terms are as follows:


	Facility amount		$175 million
	Accordion feature		Increase additional $50 million
	LIBOR floor		None
	Interest rate applicable margin		200-300 basis points, based on leverage ratio
	Unused fee		25 basis points if less than 50% unused, 35 basis points if more than 50% unused
	Minimum fixed charge coverage ratio		1.5x
At September 30, 2014 and December 31, 2013, the Company had $0.0 million and $50.0 million, respectively, of outstanding borrowings under its senior secured revolving credit facility. At September 30, 2014, the maximum borrowing availability under the senior secured revolving credit facility was $175.0 million.
The Company estimates the fair value of its fixed rate debt, which is all of the Company's mortgage loans, by discounting the future cash flows of each instrument at estimated market rates. Rates take into consideration general market conditions, quality and estimated value of collateral and maturity of debt with similar credit terms and are classified within level 3 of the fair value hierarchy. The estimated fair value of the Company’s fixed rate debt as of September 30, 2014 and December 31, 2013 was $476.3 million and $220.0 million, respectively.
The Company estimates the fair value of its variable rate debt by taking into account general market conditions and the estimated credit terms it could obtain for debt with similar maturity and is classified within level 3 of the fair value hierarchy. The Company’s only variable rate debt is under its senior secured revolving credit facility. The estimated fair value of the Company’s variable rate debt as of September 30, 2014 and December 31, 2013 was $0.0 million and $50.0 million, respectively.
As of September 30, 2014, the Company was in compliance with all of its financial covenants. At September 30, 2014, the Company’s consolidated fixed charge coverage ratio was 3.02. Future scheduled principal payments of debt obligations as of September 30, 2014, for the current year and each of the next four calendar years and thereafter are as follows (in thousands):


	Amount
2014 (remaining three months)	$	658

2015	8,319

2016	9,555

2017	3,802

2018	3,980

Thereafter	447,590

Total	$	473,904

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The Company’s TRSs are subject to federal and state income taxes. The Company’s TRSs are structured under two TRS holding companies, which are referred to as TRS 1 and TRS 2, that are treated separately for income tax purposes.
	The components of income tax expense for the following periods are as follows (in thousands):



		For the three months ended				For the nine months ended
		September 30,				September 30,
		2014		2013		2014		2013
	Federal	$	34	$	21	$	64	$	56

	State	10		9		21		19

	Tax expense	$	44	$	30	$	85	$	75

	At September 30, 2014, TRS 1 had a gross deferred tax asset associated with future tax deductions of $1.1 million. TRS 1 has continued to record a full valuation allowance equal to 100% of the gross deferred tax asset due to the uncertainty of realizing the benefit of its deferred assets due to the cumulative taxable losses incurred by TRS 1 since its inception. TRS 2 has a gross deferred tax asset of $0.0 million as of September 30, 2014.

Dividends_Declared_and_Paid

Dividends Declared and Paid	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Dividends Declared and Paid	'
	Dividends Declared and Paid
	The Company declared total common share dividends of $0.24 per share and distributions on long-term incentive plan (“LTIP”) units of $0.24 per unit for the three months ended September 30, 2014 and total common share dividends of $0.69 per share and distributions on LTIP units of $0.69 per unit for the nine months ended September 30, 2014. The dividends and distributions were as follows:


		Record	Payment	Common		LTIP
		Date	Date	share		unit
				distribution		distribution
				amount		amount
	January	1/31/14	2/28/14	$	0.07	$	0.07

	February	2/28/14	3/28/14	0.07		0.07

	March	3/31/14	4/25/14	0.07		0.07

	1st Quarter 2014			$	0.21	$	0.21


	April	4/30/14	5/30/14	$	0.08	$	0.08

	May	5/30/14	6/27/14	0.08		0.08

	June	6/30/14	7/25/14	0.08		$	0.08

	2nd Quarter 2014			$	0.24	$	0.24


	July	7/31/14	8/29/14	$	0.08	$	0.08

	August	8/29/14	9/26/14	0.08		0.08

	September	9/30/14	10/31/14	$	0.08	0.08

	3rd Quarter 2014			$	0.24	$	0.24


	Total 2014			$	0.69	$	0.69

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Earnings Per Share
	The two class method is used to determine earnings per share because unvested restricted shares and unvested LTIP units are considered to be participating shares. Unvested restricted shares and unvested LTIP units that could potentially dilute basic earnings per share in the future would not be included in the computation of diluted loss per share, for the periods where a loss has been recorded, because they would have been anti-dilutive for the periods presented. The following is a reconciliation of the amounts used in calculating basic and diluted net income (loss) per share (in thousands, except share and per share data):


		For the three months ended						For the nine months ended
		September 30,						September 30,
		2014			2013			2014			2013
	Numerator:
	Net income attributable to common shareholders	$	8,700		$	2,541		$	72,174		$	3,098

	Dividends paid on unvested shares and units	(36		)	(72		)	(181		)	(223		)
	Net income attributable to common shareholders	$	8,664		$	2,469		$	71,993		$	2,875

	Denominator:
	Weighted average number of common shares - basic	27,370,815			22,508,988			26,697,483			19,308,809

	Effect of dilutive securities:
	Unvested shares	324,532			260,294			297,174			231,132

	Weighted average number of common shares - diluted	27,695,347			22,769,282			26,994,657			19,539,941

	Basic income per Common Share:
	Net income attributable to common shareholders per weighted average basic common share	$	0.32		$	0.11		$	2.7		$	0.15

	Diluted income per Common Share:
	Net income attributable to common shareholders per weighted average diluted common share	$	0.31		$	0.11		$	2.67		$	0.15

Equity_Incentive_Plan

Equity Incentive Plan	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Equity Incentive Plan	'
	Equity Incentive Plan
	The Company maintains its Equity Incentive Plan to attract and retain independent trustees, executive officers and other key employees and service providers. The plan provides for the grant of options to purchase common shares, share awards, share appreciation rights, performance units and other equity-based awards. The plan was amended and restated as of May 17, 2013 to increase the maximum number of shares available under the plan to 3,000,000 shares. Share awards under this plan generally vest over three years, though compensation for the Company’s independent trustees includes shares granted that vest immediately. The Company pays dividends on unvested shares and units, except for performance based shares, for which dividends on unvested performance based shares are not paid until those shares are vested. Certain awards may provide for accelerated vesting if there is a change in control. In January 2014 and 2013, the Company issued 16,542 and 22,536 common shares, respectively, to its independent trustees as compensation for services performed in 2013 and 2012. The quantity of shares was calculated based on the average of the closing price for the Company’s common shares on the NYSE for the last ten trading days preceding the reporting date. The Company would have distributed 13,518 common shares for services performed in 2014 had this liability classified award been satisfied as of September 30, 2014. As of September 30, 2014, there were 2,296,458 common shares available for issuance under the Equity Incentive Plan.
	Restricted Share Awards
	A summary of the shares granted to executive officers that have not fully vested pursuant to the Equity Incentive Plan as of September 30, 2014 are:


	Award Type	Award Date		Total Shares Granted			Vested as of September 30, 2014
	2012 Time-based Awards	2/23/12		61,376			40,918

	2012 Performance-based Awards	2/23/12		53,191			35,462

	2013 Time-based Awards	1/29/13		40,829			13,611

	2013 Performance-based Awards	5/17/13		40,829			13,611

	2014 Time-based Awards	1/31/14		48,213			—

	2014 Performance-based Awards	1/31/14		38,805			—

	Time-based shares will vest over a three-year period. The performance-based shares will be issued and vest over a three-year period only if and to the extent that long-term performance criteria established by the Board of Trustees are met and the recipient remains employed by the Company through the vesting date.
	The Company measures compensation expense for time-based vesting restricted share awards based upon the fair market value of its common shares at the date of grant. For the performance-based shares granted in 2012, 2013 and 2014, compensation expense is based on a valuation of $10.20, $10.93 and $13.17, respectively, per performance share granted, which takes into account that some or all of the awards may not vest if long-term performance criteria are not met during the vesting period. Compensation expense is recognized on a straight-line basis over the vesting period and is included in general and administrative expense in the accompanying consolidated statements of operations. The Company pays dividends on non-vested time-based restricted shares. Dividends for performance-based shares are accrued and paid annually only if and to the extent that long-term performance criteria established by the Board of Trustees are met and the recipient remains employed by the Company on the vesting date.
	A summary of the Company’s restricted share awards for the nine months ended September 30, 2014 and year ended December 31, 2013 is as follows:


		September 30, 2014						December 31, 2013
		Number of			Weighted -			Number of		Weighted -
		Shares			Average Grant			Shares		Average Grant
					Date Fair					Date Fair
					Value					Value
	Non-vested at beginning of the period	158,035			$	12.39		140,077		$	12.7

	Granted	87,018			17.46			81,658		13.43

	Vested	(65,412	)		12.17			(63,700	)	14.39

	Non-vested at end of the period	179,641			$	14.92		158,035		$	12.39

	As of September 30, 2014 and December 31, 2013, there were $1.8 million and $1.2 million, respectively, of unrecognized compensation costs related to restricted share awards. As of September 30, 2014, these costs were expected to be recognized over a weighted–average period of approximately 1.9 years. For the three months ended September 30, 2014 and 2013, the Company recognized approximately $0.3 million and $0.3 million, respectively, and for the nine months ended September 30, 2014 and 2013, the Company recognized approximately $0.9 million and $0.7 million, respectively, of expense related to the restricted share awards. This expense is included in general and administrative expenses in the accompanying consolidated statements of operations.
	Long-Term Incentive Plan Units
	The Company recorded $0.2 million and $0.2 million in compensation expense related to the LTIP units for the three months ended September 30, 2014 and 2013, respectively, and $0.6 million and $0.6 million in compensation expense related to the LTIP units for the nine months ended September 30, 2014 and 2013, respectively. As of September 30, 2014 and December 31, 2013, there was $0.4 million and $1.0 million, respectively, of total unrecognized compensation cost related to LTIP units. This cost is expected to be recognized over approximately 0.6 years, which represents the weighted average remaining vesting period of the LTIP units. Upon the closing of the Company's equity offering on September 30, 2013, the Company determined that a revaluation event occurred, as defined in the Internal Revenue Code of 1986, as amended, and 26,250 LTIP units of one of the officers of the Company achieved full parity with the common Operating Partnership units with respect to liquidating distributions and all other purposes. Four-fifths of these units have vested as of September 30, 2014. As of June 4, 2014, the Company determined that a revaluation event occurred, as defined in the Internal Revenue Code of 1986, as amended, and 231,525 LTIP units of the other two officers of the Company achieved full parity with the common Operating Partnership units with respect to liquidating distributions and all other purposes. Four-fifths of these units have vested as of September 30, 2014. Accordingly, these LTIP units will be allocated their pro-rata share of the Company's net income.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Litigation
	The nature of the operations of the hotels exposes the hotels, the Company and the Operating Partnership to the risk of claims and litigation in the normal course of their business. The Company is not presently subject to any material litigation nor, to the Company’s knowledge, is any material litigation threatened against the Company or its properties.
	Hotel Ground Rent
	The Altoona hotel is subject to a ground lease with an expiration date of April 30, 2029 with an extension option of up to 12 additional terms of five years each. Monthly payments are determined by the quarterly average room occupancy of the hotel. Rent is equal to approximately $7,500 per month when monthly occupancy is less than 85% and can increase up to approximately $20,000 per month if occupancy is 100%, with minimum rent increased on an annual basis by two and one-half percent (2.5%).
	At the New Rochelle Residence Inn, there is an air rights lease and garage lease that each expire on December 1, 2104. The lease agreements with the City of New Rochelle cover the space above the parking garage that is occupied by the hotel as well as 128 parking spaces in a parking garage that is attached to the hotel. The annual base rent for the garage lease is the hotel’s proportionate share of the city’s adopted budget for the operations, management and maintenance of the garage and established reserves to fund for the cost of capital repairs. Rent for 2014 is equal to approximately $29,000 per quarter.
	Future minimum rental payments under the terms of all non-cancellable operating ground leases under which the Company is the lessee are expensed on a straight-line basis regardless of when payments are due. The following is a schedule of the minimum future obligation payments required under the ground, air rights and garages leases as of September 30, 2014, for the remainder of 2014 and for each of the next four calendar years and thereafter (in thousands):



		Amount
	2014 (remaining three months)	$	52

	2015	210

	2016	212

	2017	214

	2018	217

	Thereafter	11,228

	Total	$	12,133

	Management Agreements
	The management agreements with Concord have an initial ten-year term that expires on February 28, 2017 and will renew automatically for successive one-year terms unless terminated by the TRS lessee or the manager by written notice to the other party no later than 90 days prior to the then current term’s expiration date. The management agreements may be terminated for cause, including the failure of the managed hotel to meet specified operating performance levels. If the Company were to terminate the management agreements during the first nine years of the term other than for breach or default by the manager, the Company would be responsible for paying termination fees to the manager.
	The management agreements with IHM have an initial term of five years and may be renewed for two five-year periods at IHM’s option by written notice to us no later than 90 days prior to the then current term’s expiration date. The IHM management agreements provide for early termination at the Company’s option upon sale of any IHM-managed hotel for no termination fee, with six months advance notice. The IHM management agreements may be terminated for cause, including the failure of the managed hotel to meet specified performance levels.
	Base management fees are calculated as a percentage of the hotel's gross room revenue. If certain financial thresholds are met or exceeded, an incentive management fee is calculated as 10% of the hotel's net operating income less fixed costs, base management fees and a specified return threshold. The incentive management fee is capped at 1% of gross hotel revenues for the applicable calculation.
	Terms of the Company's management agreements at September 30, 2014 are as follows:


	Property	Management Company	Base Management Fee		Monthly Accounting Fee		Monthly Revenue Management Fee		Incentive Management Fee
	Courtyard Altoona	Concord	4	%	1,211		—		—	%

	Springhill Suites Washington	Concord	4	%	991		—		—	%

	Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington	IHM	2	%	1,000		550		1	%

	Homewood Suites by Hilton Minneapolis-Mall of America	IHM	2	%	1,000		550		1	%

	Homewood Suites by Hilton Nashville-Brentwood	IHM	2	%	1,000		550		1	%

	Homewood Suites by Hilton Dallas-Market Center	IHM	2	%	1,000		550		1	%

	Homewood Suites by Hilton Hartford-Farmington	IHM	2	%	1,000		550		1	%

	Homewood Suites by Hilton Orlando-Maitland	IHM	2	%	1,000		550		1	%

	Homewood Suites by Hilton Carlsbad (North San Diego County)	IHM	3	%	1,000		—		1	%

	Hampton Inn & Suites Houston-Medical Center	IHM	3	%	1,000		—		1	%

	Residence Inn Long Island Holtsville	IHM	3	%	1,000		—		1	%

	Residence Inn White Plains	IHM	3	%	1,000		—		1	%

	Residence Inn New Rochelle	IHM	3	%	1,000		—		1	%

	Residence Inn Garden Grove	IHM	2.5	%	1,000		—		1	%

	Residence Inn Mission Valley	IHM	2.5	%	1,000		—		1	%

Homewood Suites by Hilton San Antonio River Walk	IHM	2.5	%	1,000		—		1	%

Residence Inn Washington DC	IHM	2.5	%	1,000		—		1	%

Residence Inn Tysons Corner	IHM	2.5	%	1,000		—		1	%

Hampton Inn Portland Downtown	IHM	3	%	1,000		550		1	%

Courtyard Houston	IHM	3	%	1,000		550		1	%

Hyatt Place Pittsburgh North Shore	IHM	3	%	1,500		1,000		1	%

Hampton Inn Exeter	IHM	3	%	1,200		1,000		1	%

Hilton Garden Inn Denver Tech	IHM	3	%	1,500		1,000		1	%

Residence Inn Bellevue	IHM	3	%	1,200		1,000		1	%

Springhill Suites Savannah	IHM	3	%	1,200		1,000		1	%

Residence Inn Silicon Valley I	IHM	3	%	1,200		1,000		1	%

Residence Inn Silicon Valley II	IHM	3	%	1,200		1,000		1	%

Residence Inn San Mateo	IHM	3	%	1,200		1,000		1	%

Residence Inn Mountain View	IHM	3	%	1,200		1,000		1	%

Hyatt Place Cherry Creek	IHM	3	%	1,500		1,000		1	%

Management fees totaled approximately $1.9 million and $0.9 million, respectively, for the three months ended September 30, 2014 and 2013, respectively, and approximately $4.4 million and $2.4 million, respectively, for the nine months ended September 30, 2014 and 2013.





Franchise Agreements
The fees associated with the franchise agreements are calculated on the specified percentage of the hotel's gross room revenue. Terms of the Company's Franchise agreements as of September 30, 2014 are as follows:


Property	Franchise/Royalty Fee		Marketing/Program Fee		Expiration
Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington	4	%	4	%	2025
Homewood Suites by Hilton Minneapolis-Mall of America	4	%	4	%	2025
Homewood Suites by Hilton Nashville-Brentwood	4	%	4	%	2025
Homewood Suites by Hilton Dallas-Market Center	4	%	4	%	2025
Homewood Suites by Hilton Hartford-Farmington	4	%	4	%	2025
Homewood Suites by Hilton Orlando-Maitland	4	%	4	%	2025
Homewood Suites by Hilton Carlsbad (North San Diego County)	4	%	4	%	2028
Hampton Inn & Suites Houston-Medical Center	5	%	4	%	2020
Courtyard Altoona	5.5	%	2	%	2030
Springhill Suites Washington	5	%	2.5	%	2030
Residence Inn Long Island Holtsville	5.5	%	2.5	%	2025
Residence Inn White Plains	5.5	%	2.5	%	2030
Residence Inn New Rochelle	5.5	%	2.5	%	2030
Residence Inn Garden Grove	5	%	2.5	%	2031
Residence Inn Mission Valley	5	%	2.5	%	2031
Homewood Suites by Hilton San Antonio River Walk	4	%	4	%	2026
Residence Inn Washington DC	5.5	%	2.5	%	2033
Residence Inn Tysons Corner	5	%	2.5	%	2031
Hampton Inn Portland Downtown	6	%	4	%	2032
Courtyard Houston	5.5	%	2	%	2030
Hyatt Place Pittsburgh North Shore	5	%	3.5	%	2030
Hampton Inn Exeter	6	%	4	%	2031
Hilton Garden Inn Denver Tech	4.3	%	5.5	%	2028
Residence Inn Bellevue	5.5	%	2.5	%	2033
Springhill Suites Savannah	5	%	2.5	%	2033
Residence Inn Silicon Valley I	5.5	%	2.5	%	2029
Residence Inn Silicon Valley II	5.5	%	2.5	%	2029
Residence Inn San Mateo	5.5	%	2.5	%	2029
Residence Inn Mountain View	5.5	%	2.5	%	2029
Hyatt Place Cherry Creek	3-5.0%		3.5	%	2034

Franchise fees totaled approximately $4.7 million and $2.7 million, respectively, for the three months ended September 30, 2014 and 2013, respectively, and approximately $11.1 million and $6.8 million, respectively, for the nine months ended September 30, 2014 and 2013.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	Related Party Transactions
	Mr. Fisher owns 90% of IHM. As of September 30, 2014, the Company had hotel management agreements with IHM to manage 28 of its hotels. As of September 30, 2014, all 47 hotels owned by the NewINK JV are managed by IHM. Hotel management, revenue management and accounting fees paid to IHM for the hotels owned by the Company for the three months ended September 30, 2014 and 2013 were $1.8 million and $1.0 million, respectively, and for the nine months ended September 30, 2014 and 2013 were $4.1 million and $2.4 million, respectively. At September 30, 2014 and December 31, 2013, the amounts due to IHM were $0.9 million and $0.5 million, respectively.
	Cost reimbursements from unconsolidated real estate entities revenue represent reimbursements of costs incurred on behalf of the Innkeepers JV and NewINK JV. These costs relate primarily to corporate payroll costs at the JVs where the Company is the employer. As the Company records cost reimbursements based upon costs incurred with no added markup, the revenue and related expense has no impact on the Company’s operating income or net income. Cost reimbursements from the JVs are recorded based upon the occurrence of a reimbursed activity.

Subsequent_Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	On September 17, 2014, a new joint venture between the Company and NorthStar entered into an agreement to purchase (the “Purchase Agreement”) from Inland, a 52-hotel, 6,976 room portfolio of upscale extended stay and premium branded select service hotels for a cash purchase price of approximately $1.1 billion, plus customary pro-rated amounts and closing costs. The Company refers to this portfolio as the “Inland Portfolio” and to this acquisition as the “Inland JV Acquisition.” The Company expects that the joint venture will issue approximately $818.0 million (subject to adjustment if the Purchase Option as described below is exercised) of non-recourse mortgage financing to fund a portion of the purchase price for the Inland Portfolio. Based on this anticipated amount of financing, the Company expects that its equity contribution to the purchase price for the Inland Portfolio will be approximately $28.0 million. Upon completion of the Inland JV Acquisition, NorthStar will own a 90% ownership interest in the Inland Portfolio and the Company will own the remaining 10% ownership interest.
	The Inland Portfolio is comprised of high-quality brands, including the Courtyard by Marriott® brand (18 hotels), the Residence Inn by Marriott® brand (14 hotels), the Hilton Garden Inn by Hilton® brand (eight hotels), the Homewood Suites by Hilton® brand (six hotels), Hampton Inn or Hampton Inn and Suites by Hilton® brand (two hotels), aloft by Starwood® brand (two hotels), the SpringHill Suites by Marriott® brand (one hotel) and the Hyatt Place® brand (one hotel). The Inland Portfolio is located in 21 states, with concentrations in Texas (eleven hotels), New Jersey (six hotels), North Carolina (five hotels), New York (five hotels) and Virginia (four hotels). The Company has also signed a non-binding letter of intent with NorthStar pursuant to which it will negotiate an option to acquire from the joint venture four of the hotels included in the Inland Portfolio for a gross purchase price of approximately $107.0 million, plus customary pro-rated amounts and closing costs.

	The Company expects the Inland JV Acquisition and its acquisition of four hotels from the Inland JV to be completed in the fourth quarter of 2014.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying unaudited interim consolidated financial statements and related notes have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and in conformity with the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim financial information. These unaudited consolidated financial statements, in the opinion of management, include all adjustments consisting of normal, recurring adjustments which are considered necessary for a fair presentation of the consolidated balance sheets, consolidated statements of operations, consolidated statements of equity, and consolidated statements of cash flows for the periods presented. Interim results are not necessarily indicative of full year performance due to seasonal and other factors including the timing of the acquisition of hotels.
	The consolidated financial statements include all of the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions are eliminated in consolidation. The accompanying unaudited consolidated financial statements should be read in conjunction with the audited financial statements prepared in accordance with GAAP, and the related notes thereto as of December 31, 2013, which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Recently Issued Accounting Standards	'
	In April 2014, the FASB issued amendments to guidance for reporting discontinued operations and disposals of components of an entity. The amended guidance requires that a disposal representing a strategic shift that has (or will have) a major effect on an entity’s operations and financial results or a business activity classified as held for sale upon acquisition should be reported as discontinued operations. The amendments also expand the disclosure requirements for discontinued operations and adds new disclosures for individually significant dispositions that do not qualify as discontinued operations. The amendments are effective prospectively for fiscal years, and interim reporting periods within those years, beginning after December 15, 2014 (early adoption is permitted only for disposals that have not been previously reported). Early adoption is permitted for disposals that have not been reported in financial statements previously issued. We adopted this accounting standard update effective January 1, 2014 and do not expect the implementation of the amended guidance to have a material impact on the Company's consolidated financial position or results of operations, but do expect these amendments to impact the Company's determination of which future property disposals qualify as discontinued operations as well as requiring additional disclosures about discontinued operations.

	On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its financial statements.

	In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entities Ability to Continue as a Going Concern, which requires management to perform interim and annual assessments of an entities ability to continue within one year of the date the financial statements are issued and provides guidance on determining when and how to disclose going concern uncertainties in the financial statements. Certain disclosures will be required if conditions give rise to substantial doubt about an entity's ability to continue as a going concern. This guidance is effective for the Company on January 1, 2017 and will not have an impact on the Company's financial position, results of operations or cash flows.

Acquisition_of_Hotel_Propertie1

Acquisition of Hotel Properties (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Purchase Price Allocation	'
	The allocation of the purchase price (a) the Company's acquisition of four hotels located in the Silicon Valley region of California (hereinafter the "Silicon Valley Hotels"), which included the (i) Residence Inn Silicon Valley I hotel, (ii) Residence Inn Silicon Valley II hotel, (iii) Residence Inn San Mateo hotel and (iv) Residence Inn Mountain View hotel and (b) the Cherry Creek Hotel, based on the fair value on the date of their acquisition, was (dollars in thousands):


		Silicon Valley Hotels			Cherry Creek Hotel
	Acquisition date	6/9/14			8/29/14

	Number of Rooms	751			194

	Land	$	149,565		$	3,700

	Building and improvements	159,391			26,300

	Furniture, fixtures and equipment	14,897			2,000

	Cash	25			1

	Restricted cash	—			—

	Accounts receivable	959			56

	Deferred costs, net	—			—

	Prepaid expenses and other assets	289			17

	Accounts payable and accrued expenses	—			(62		)

	Mortgage debt	—			—

	Net assets acquired	$	325,126		$	32,012

	Less: Fair value of interest in the Silicon Valley Hotels and NewINK JV	$	(59,813	)	$	—

	Net assets acquired, net of cash and Fair Value of interest in the Silicon Valley Hotels and New INK JV	$	265,288		$	32,011

Pro Forma Financial Information	'
	The amount of revenue and operating income from the new hotels acquired in 2014 are as follows (in thousands):


		For the three months ended						For the nine months ended
		September 30,						September 30,
		2014						2014
		Revenue				Operating Income		Revenue		Operating Income

	Silicon Valley Hotels	$	12,836			$	7,966	$	15,911	$	10,079

	Cherry Creek Hotel	840				468		840		468

	Total	$	13,676			$	8,434	$	16,751	$	10,547

	The following condensed pro forma financial information presents the unaudited results of operations for the three and nine months ended September 30, 2014 and 2013 as if the acquisition of the hotels acquired in 2014 and 2013 had taken place on January 1, 2013 and 2012. The unaudited pro forma results have been prepared for comparative purposes only and are not necessarily indicative of what actual results of operations would have been had the acquisitions taken place on January 1, 2013 and 2012, nor do they purport to represent the results of operations for future periods (in thousands, except share and per share data).


		For the three months ended						For the nine months ended
		September 30,						September 30,
		2014				2013		2014		2013
	Pro forma total revenue	$	62,109			$	54,694	$	168,884	$	149,120

	Pro forma net income (loss)	$	9,212			$	4,820	$	6,492	$	72,556

	Pro forma income (loss) per share:
	Basic	$	0.27			$	0.14	$	0.19	$	2.13

	Diluted	$	0.27			$	0.14	$	0.19	$	2.12

	Weighted average Common Shares Outstanding
	Basic	33,997,682				33,997,682		33,997,682		33,997,682

	Diluted	34,322,214				34,257,976		34,294,856		34,228,814

Investment_in_Hotel_Properties1

Investment in Hotel Properties (Tables)	9 Months Ended
	Sep. 30, 2014
Investments Schedule [Abstract]	'
Investment in Hotel Properties	'
	Investment in hotel properties as of September 30, 2014 and December 31, 2013 consisted of the following (in thousands):



		September 30, 2014			December 31, 2013
	Land and improvements	$	248,120		$	94,847

	Building and improvements	750,387			559,713

	Furniture, fixtures and equipment	57,245			36,628

	Renovations in progress	5,233			4,006

		1,060,985			695,194

	Less accumulated depreciation	(66,137		)	(42,317		)
	Investment in hotel properties, net	$	994,848		$	652,877

Investment_in_Unconsolidated_E1

Investment in Unconsolidated Entities (Tables)	9 Months Ended
	Sep. 30, 2014
Schedule of Equity Method Investments [Line Items]	'
Schedule Of Income From Joint Venture Table	'
	The following table sets forth the combined components of net income (loss), including the Company’s share, related to the Innkeepers JV and NewINK JV for the three and nine months ended September 30, 2014 and 2013 (in thousands):



		For the three months ended					For the nine months ended
		September 30,					September 30,
		2014		2013			2014			2013
	Revenue	$	67,160	$	72,761		$	203,730		$	204,968

	Total hotel operating expenses	37,994		39,386			114,352			114,747

	Operating income	$	29,166	$	33,375		$	89,378		$	90,221

	Net income (loss) from continuing operations	$	6,104	$	(7,225	)	$	(17,073	)	$	(11,777	)

	Gain (loss) on sale of hotels	$	—	$	341		$	(5	)	$	(2,318	)

	Net income (loss)	$	6,104	$	(6,884	)	$	(17,078	)	$	(14,095	)


	Income allocable to the Company	$	627	$	(707	)	$	(1,755	)	$	(1,448	)

	Basis difference adjustment	185		—			185			—

	Total income (loss) from unconsolidated real estate entities attributable to Chatham	$	812	$	(707	)	$	(1,570	)	$	(1,448	)

Torrance Joint Venture	'
Schedule of Equity Method Investments [Line Items]	'
Additional Cash Flow Information Table	'
	During the three and nine months ended September 30, 2014 and 2013, the Company received cash distributions from the Torrance JV as follows (in thousands):


		For the three months ended					For the nine months ended
		September 30,					September 30,
		2014		2013			2014			2013
	Cash generated from other activities and excess cash	$	62	$	25		$	100		$	25

	Cash generated from financing activities	—		—			—			908

	Total	$	62	$	25		$	100		$	933

Innkeepers Joint Venture	'
Schedule of Equity Method Investments [Line Items]	'
Additional Cash Flow Information Table	'
	During the three and nine months ended September 30, 2014 and 2013, the Company received cash distributions from the Innkeepers JV as follows (in thousands):


		For the three months ended					For the nine months ended
		September 30,					September 30,
		2014		2013			2014			2013
	Cash generated from other activities and excess cash	$	—	$	1,894		$	411		$	1,894

	Cash generated from asset sales	—		130			—			130

	Cash generated from financing activities	—		10,145			—			10,145

	Total	$	—	$	12,169		$	411		$	12,169

NewINK Joint Venture	'
Schedule of Equity Method Investments [Line Items]	'
Additional Cash Flow Information Table	'
	During the three and nine months ended September 30, 2014 and 2013, the Company received cash distributions from the NewINK JV as follows (in thousands):


		For the three months ended					For the nine months ended
		September 30,					September 30,
		2014		2013			2014			2013
	Cash generated from other activities and excess cash	$	411	$	—		$	411		$	—

	Total	$	411	$	—		$	411		$	—

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Components of Mortgage Debt	'
	Mortgage debt consisted of the following (dollars in thousands):



	Collateral	Interest		Maturity Date	9/30/14		Balance Outstanding on Loan as of
		Rate			Property
					Carrying
					Value		September 30, 2014		December 31,
									2013
	Senior Secured Revolving Credit Facility (1)	2.66	%	November 5, 2016	$	240,399	$	—	$	50,000

	SpringHill Suites by Marriott Washington, PA	5.84	%	April 1, 2015	10,665		4,805		4,937

	Courtyard by Marriott Altoona, PA	5.96	%	April 1, 2016	11,619		6,225		6,378

	Residence Inn by Marriott New Rochelle, NY	5.75	%	September 1, 2021	21,334		14,914		15,150

	Residence Inn by Marriott San Diego, CA	4.66	%	February 6, 2023	42,276		30,186		30,546

	Homewood Suites by Hilton San Antonio, TX	4.59	%	February 6, 2023	29,695		17,246		17,454

	Residence Inn by Marriott Vienna, VA	4.49	%	February 6, 2023	33,195		23,634		23,925

	Courtyard by Marriott Houston, TX	4.19	%	May 6, 2023	32,794		19,561		19,812

	Hyatt Place Pittsburgh, PA	4.65	%	July 6, 2023	38,490		23,753		24,028

	Residence Inn by Marriott Bellevue, WA	4.97	%	December 6, 2023	69,551		47,580		47,580

	Residence Inn by Marriott Garden Grove, CA (2)	4.79	%	April 6, 2024	43,282		34,000		32,253

	Residence Inn by Marriott Silicon Valley I, CA (3)	4.64	%	July 6, 2024	91,509		64,800		—

	Residence Inn by Marriott Silicon Valley II, CA (3)	4.64	%	July 6, 2024	100,401		70,700		—

	Residence Inn by Marriott San Mateo, CA (3)	4.64	%	July 6, 2024	71,759		48,600		—

	Residence Inn by Marriott Mountain View, CA (3)	4.64	%	July 6, 2024	55,525		37,900		—

	SpringHill Suites by Marriott Savannah, GA (4)	4.62	%	July 6, 2024	$	38,585	$	30,000	$	—

	Total				$	931,079	$	473,904	$	272,063



	-1	Thirteen properties in the borrowing base serve as collateral for borrowings under the senior secured revolving credit facility at September 30, 2014. The interest rate for the senior secured revolving credit facility is variable and based on LIBOR plus 2.5%.

	-2	On March 21, 2014, the Company refinanced the mortgage for the Residence Inn Garden Grove hotel. The new loan has a 10-year term and a 30-year amortization payment schedule but is interest only for the first 12 months. The Company incurred $0.2 million in costs for early extinguishment of debt related to the old loan.

	-3	On June 9, 2014, the Company obtained 4 new mortgage loans secured by a first mortgage for the Silicon Valley I, Silicon Valley II, San Mateo and Mountain View hotels. The new loans have a 10-year term and a 30-year amortization payment schedule but are interest only for the first 60 months.

	-4	On July 2, 2014, the Company obtained a new mortgage loan secured by a first mortgage for the Savannah hotel. The loan has a 10-year term and a 30-year amortization payment schedule but is interest only for the first 60 months.

Summary of Amendment to Senior Secured Revolving Credit Facility	'
	Other key terms are as follows:


	Facility amount		$175 million
	Accordion feature		Increase additional $50 million
	LIBOR floor		None
	Interest rate applicable margin		200-300 basis points, based on leverage ratio
	Unused fee		25 basis points if less than 50% unused, 35 basis points if more than 50% unused
	Minimum fixed charge coverage ratio		1.5x
Future Scheduled Principal Payments of Debt Obligations	'
	Future scheduled principal payments of debt obligations as of September 30, 2014, for the current year and each of the next four calendar years and thereafter are as follows (in thousands):


		Amount
	2014 (remaining three months)	$	658

	2015	8,319

	2016	9,555

	2017	3,802

	2018	3,980

	Thereafter	447,590

	Total	$	473,904

Income_Taxes_Tables

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Components of Income Tax Expense	'
	The components of income tax expense for the following periods are as follows (in thousands):



		For the three months ended				For the nine months ended
		September 30,				September 30,
		2014		2013		2014		2013
	Federal	$	34	$	21	$	64	$	56

	State	10		9		21		19

	Tax expense	$	44	$	30	$	85	$	75

Dividends_Declared_and_Paid_Ta

Dividends Declared and Paid (Tables)	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Dividends Declared and Paid	'
	The dividends and distributions were as follows:


		Record	Payment	Common		LTIP
		Date	Date	share		unit
				distribution		distribution
				amount		amount
	January	1/31/14	2/28/14	$	0.07	$	0.07

	February	2/28/14	3/28/14	0.07		0.07

	March	3/31/14	4/25/14	0.07		0.07

	1st Quarter 2014			$	0.21	$	0.21


	April	4/30/14	5/30/14	$	0.08	$	0.08

	May	5/30/14	6/27/14	0.08		0.08

	June	6/30/14	7/25/14	0.08		$	0.08

	2nd Quarter 2014			$	0.24	$	0.24


	July	7/31/14	8/29/14	$	0.08	$	0.08

	August	8/29/14	9/26/14	0.08		0.08

	September	9/30/14	10/31/14	$	0.08	0.08

	3rd Quarter 2014			$	0.24	$	0.24


	Total 2014			$	0.69	$	0.69

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Reconciliation of Amounts Used in Calculating Basic and Diluted Net Income (Loss) Per Share	'
	The following is a reconciliation of the amounts used in calculating basic and diluted net income (loss) per share (in thousands, except share and per share data):


		For the three months ended						For the nine months ended
		September 30,						September 30,
		2014			2013			2014			2013
	Numerator:
	Net income attributable to common shareholders	$	8,700		$	2,541		$	72,174		$	3,098

	Dividends paid on unvested shares and units	(36		)	(72		)	(181		)	(223		)
	Net income attributable to common shareholders	$	8,664		$	2,469		$	71,993		$	2,875

	Denominator:
	Weighted average number of common shares - basic	27,370,815			22,508,988			26,697,483			19,308,809

	Effect of dilutive securities:
	Unvested shares	324,532			260,294			297,174			231,132

	Weighted average number of common shares - diluted	27,695,347			22,769,282			26,994,657			19,539,941

	Basic income per Common Share:
	Net income attributable to common shareholders per weighted average basic common share	$	0.32		$	0.11		$	2.7		$	0.15

	Diluted income per Common Share:
	Net income attributable to common shareholders per weighted average diluted common share	$	0.31		$	0.11		$	2.67		$	0.15

Equity_Incentive_Plan_Tables

Equity Incentive Plan (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Summary of Restricted Share Awards	'
	A summary of the Company’s restricted share awards for the nine months ended September 30, 2014 and year ended December 31, 2013 is as follows:


		September 30, 2014						December 31, 2013
		Number of			Weighted -			Number of		Weighted -
		Shares			Average Grant			Shares		Average Grant
					Date Fair					Date Fair
					Value					Value
	Non-vested at beginning of the period	158,035			$	12.39		140,077		$	12.7

	Granted	87,018			17.46			81,658		13.43

	Vested	(65,412	)		12.17			(63,700	)	14.39

	Non-vested at end of the period	179,641			$	14.92		158,035		$	12.39

	A summary of the shares granted to executive officers that have not fully vested pursuant to the Equity Incentive Plan as of September 30, 2014 are:


	Award Type	Award Date		Total Shares Granted			Vested as of September 30, 2014
	2012 Time-based Awards	2/23/12		61,376			40,918

	2012 Performance-based Awards	2/23/12		53,191			35,462

	2013 Time-based Awards	1/29/13		40,829			13,611

	2013 Performance-based Awards	5/17/13		40,829			13,611

	2014 Time-based Awards	1/31/14		48,213			—

	2014 Performance-based Awards	1/31/14		38,805			—

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Minimum Future Obligation Payments Required Under Ground Leases	'
	The following is a schedule of the minimum future obligation payments required under the ground, air rights and garages leases as of September 30, 2014, for the remainder of 2014 and for each of the next four calendar years and thereafter (in thousands):



		Amount
	2014 (remaining three months)	$	52

	2015	210

	2016	212

	2017	214

	2018	217

	Thereafter	11,228

	Total	$	12,133

Schedule of Management Agreement Terms	'
	Terms of the Company's management agreements at September 30, 2014 are as follows:


	Property	Management Company	Base Management Fee		Monthly Accounting Fee		Monthly Revenue Management Fee	Incentive Management Fee
	Courtyard Altoona	Concord	4	%	1,211		—	—	%

	Springhill Suites Washington	Concord	4	%	991		—	—	%

	Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington	IHM	2	%	1,000		550	1	%

	Homewood Suites by Hilton Minneapolis-Mall of America	IHM	2	%	1,000		550	1	%

	Homewood Suites by Hilton Nashville-Brentwood	IHM	2	%	1,000		550	1	%

	Homewood Suites by Hilton Dallas-Market Center	IHM	2	%	1,000		550	1	%

	Homewood Suites by Hilton Hartford-Farmington	IHM	2	%	1,000		550	1	%

	Homewood Suites by Hilton Orlando-Maitland	IHM	2	%	1,000		550	1	%

	Homewood Suites by Hilton Carlsbad (North San Diego County)	IHM	3	%	1,000		—	1	%

	Hampton Inn & Suites Houston-Medical Center	IHM	3	%	1,000		—	1	%

	Residence Inn Long Island Holtsville	IHM	3	%	1,000		—	1	%

	Residence Inn White Plains	IHM	3	%	1,000		—	1	%

	Residence Inn New Rochelle	IHM	3	%	1,000		—	1	%

	Residence Inn Garden Grove	IHM	2.5	%	1,000		—	1	%

	Residence Inn Mission Valley	IHM	2.5	%	1,000		—	1	%

	Homewood Suites by Hilton San Antonio River Walk	IHM	2.5	%	1,000		—	1	%

	Residence Inn Washington DC	IHM	2.5	%	1,000		—	1	%

	Residence Inn Tysons Corner	IHM	2.5	%	1,000		—	1	%

	Hampton Inn Portland Downtown	IHM	3	%	1,000		550	1	%

	Courtyard Houston	IHM	3	%	1,000		550	1	%

	Hyatt Place Pittsburgh North Shore	IHM	3	%	1,500		1,000	1	%

	Hampton Inn Exeter	IHM	3	%	1,200		1,000	1	%

	Hilton Garden Inn Denver Tech	IHM	3	%	1,500		1,000	1	%

	Residence Inn Bellevue	IHM	3	%	1,200		1,000	1	%

	Springhill Suites Savannah	IHM	3	%	1,200		1,000	1	%

	Residence Inn Silicon Valley I	IHM	3	%	1,200		1,000	1	%

	Residence Inn Silicon Valley II	IHM	3	%	1,200		1,000	1	%

	Residence Inn San Mateo	IHM	3	%	1,200		1,000	1	%

	Residence Inn Mountain View	IHM	3	%	1,200		1,000	1	%

	Hyatt Place Cherry Creek	IHM	3	%	1,500		1,000	1	%

Schedule of Franchise Agreement Terms	'
	Terms of the Company's Franchise agreements as of September 30, 2014 are as follows:


	Property	Franchise/Royalty Fee		Marketing/Program Fee		Expiration
	Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington	4	%	4	%	2025
	Homewood Suites by Hilton Minneapolis-Mall of America	4	%	4	%	2025
	Homewood Suites by Hilton Nashville-Brentwood	4	%	4	%	2025
	Homewood Suites by Hilton Dallas-Market Center	4	%	4	%	2025
	Homewood Suites by Hilton Hartford-Farmington	4	%	4	%	2025
	Homewood Suites by Hilton Orlando-Maitland	4	%	4	%	2025
	Homewood Suites by Hilton Carlsbad (North San Diego County)	4	%	4	%	2028
	Hampton Inn & Suites Houston-Medical Center	5	%	4	%	2020
	Courtyard Altoona	5.5	%	2	%	2030
	Springhill Suites Washington	5	%	2.5	%	2030
	Residence Inn Long Island Holtsville	5.5	%	2.5	%	2025
	Residence Inn White Plains	5.5	%	2.5	%	2030
	Residence Inn New Rochelle	5.5	%	2.5	%	2030
	Residence Inn Garden Grove	5	%	2.5	%	2031
	Residence Inn Mission Valley	5	%	2.5	%	2031
	Homewood Suites by Hilton San Antonio River Walk	4	%	4	%	2026
	Residence Inn Washington DC	5.5	%	2.5	%	2033
	Residence Inn Tysons Corner	5	%	2.5	%	2031
	Hampton Inn Portland Downtown	6	%	4	%	2032
	Courtyard Houston	5.5	%	2	%	2030
	Hyatt Place Pittsburgh North Shore	5	%	3.5	%	2030
	Hampton Inn Exeter	6	%	4	%	2031
	Hilton Garden Inn Denver Tech	4.3	%	5.5	%	2028
	Residence Inn Bellevue	5.5	%	2.5	%	2033
	Springhill Suites Savannah	5	%	2.5	%	2033
	Residence Inn Silicon Valley I	5.5	%	2.5	%	2029
	Residence Inn Silicon Valley II	5.5	%	2.5	%	2029
	Residence Inn San Mateo	5.5	%	2.5	%	2029
	Residence Inn Mountain View	5.5	%	2.5	%	2029
	Hyatt Place Cherry Creek	3-5.0%		3.5	%	2034

Organization_Additional_Inform

Organization - Additional Information (Details) (USD $)

0 Months Ended

9 Months Ended

0 Months Ended

1 Months Ended

9 Months Ended

1 Months Ended

9 Months Ended

Sep. 24, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 17, 2014

Sep. 30, 2014

Jun. 08, 2014

Sep. 30, 2014

Apr. 17, 2013

Sep. 30, 2014

Sep. 24, 2014

Jan. 31, 2014

Sep. 30, 2014

Jan. 31, 2014

Sep. 30, 2014

state

Indirectly Owned Interest In Joint Venture Hotels

Inland Joint Venture

Co-venturer

Cerberus Capital Management

Island Hospitality Management Inc.

Concord Hospitality Enterprises

Over-Allotment Option

ATM Plan

DRSP Plan

Hotel

Inland Joint Venture

Innkeepers Joint Venture

Minority Interest In Joint Venture Rooms

Torrance Joint Venture

Hotel

Room

Hotel

Room

state

Hotel

Subsidiary, Sale of Stock [Line Items]

Stock purchase plan, authorized amount

$50,000,000

$25,000,000

Shares issued

6,900,000

900,000

705,820

1,074

Stock purchase plan, average price per share

$22.76

$22.24

Stock purchase plan, remaining authorized repurchase amount

33,900,000

24,900,000

Proceeds from issuance of common shares

150,800,000

166,851,000

193,805,000

Proceeds from issuance of common stock, net of issuance costs

$144,700,000

Number of hotels in joint venture real estate portfolio

Number of optional hotel acquisitions

Percentage of common units of limited partnership owned

100.00%

Number of hotels in ownership by Company

Aggregate number of rooms in hotels

4,540

6,094

248

Number of states in which hotels are owned

Indirect ownership in the leased, hotels

10.00%

10.30%

5.00%

Number of hotels managed by related party

Initial term of each TRS lease

'5 years

Ownership percentage in related party owned by the company's chairman

90.00%

Acquisition_of_Hotel_Propertie2

Acquisition of Hotel Properties - Allocation of Purchase Price to Hotels Based on Fair Value (Details) (USD $)	3 Months Ended	9 Months Ended	0 Months Ended	3 Months Ended	9 Months Ended		0 Months Ended	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Jun. 09, 2014	Sep. 30, 2014	Sep. 30, 2014	Jun. 09, 2014	Aug. 29, 2014	Sep. 30, 2014	Sep. 30, 2014	Aug. 29, 2014
			Silicon Valley Acquisition	Silicon Valley Acquisition	Silicon Valley Acquisition	Silicon Valley Acquisition	Cherry Creek Acquisition	Cherry Creek Acquisition	Cherry Creek Acquisition	Cherry Creek Acquisition
						Room				Room
Business Acquisition [Line Items]	'	'	'	'	'	'	'	'	'	'
Acquisition date	'	'	9-Jun-14	'	'	'	29-Aug-14	'	'	'
Number of Rooms	'	'	'	'	'	751	'	'	'	194
Land	'	'	'	'	'	$149,565	'	'	'	$3,700
Building and improvements	'	'	'	'	'	159,391	'	'	'	26,300
Furniture, fixtures and equipment	'	'	'	'	'	14,897	'	'	'	2,000
Cash	'	'	'	'	'	25	'	'	'	1
Restricted cash	'	'	'	'	'	0	'	'	'	0
Accounts receivable	'	'	'	'	'	959	'	'	'	56
Deferred costs, net	'	'	'	'	'	0	'	'	'	0
Prepaid expenses and other assets	'	'	'	'	'	289	'	'	'	17
Accounts payable and accrued expenses	'	'	'	'	'	0	'	'	'	-62
Mortgage debt	'	'	'	'	'	0	'	'	'	0
Net assets acquired	'	'	'	'	'	325,126	'	'	'	32,012
Less: Fair value of interest in the Silicon Valley Hotels and NewINK JV	'	'	'	'	'	-59,813	'	'	'	0
Net assets acquired, net of cash and Fair Value of interest in the Silicon Valley Hotels and New INK JV	'	'	'	'	'	265,288	'	'	'	32,011
Revenue	13,676	16,751	'	12,836	15,911	'	'	840	840	'
Operating Income	$8,434	$10,547	'	$7,966	$10,079	'	'	$468	$468	'

Acquisition_of_Hotel_Propertie3

Acquisition of Hotel Properties - Additional Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Business Combinations [Abstract]	'	'	'	'
Acquisition costs incurred	$0.30	$1.30	$7.40	$2.60

Acquisition_of_Hotel_Propertie4

Acquisition of Hotel Properties - Proforma Financial Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Pro forma income per share:	'	'	'	'
Weighted average number of common shares - basic (in shares)	27,370,815	22,508,988	26,697,483	19,308,809
Weighted average number of common shares - diluted (in shares)	27,695,347	22,769,282	26,994,657	19,539,941
Recent Acquisitions	'	'	'	'
Business Acquisition, Pro Forma Information [Line Items]	'	'	'	'
Pro forma total revenue	62,109	54,694	168,884	149,120
Pro forma net income	9,212	4,820	6,492	72,556
Pro forma income per share:	'	'	'	'
Basic (in dollars per share)	0.27	0.14	0.19	2.13
Diluted (in dollars per share)	0.27	0.14	0.19	2.12
Weighted average number of common shares - basic (in shares)	33,997,682	33,997,682	33,997,682	33,997,682
Weighted average number of common shares - diluted (in shares)	34,322,214	34,257,976	34,294,856	34,228,814

Allowance_for_Doubtful_Account1

Allowance for Doubtful Accounts - Additional Information (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Receivables [Abstract]	'	'
Hotel receivables	$65	$30

Investment_in_Hotel_Properties2

Investment in Hotel Properties (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Investments Schedule [Abstract]	'	'
Land and improvements	$248,120	$94,847
Building and improvements	750,387	559,713
Furniture, fixtures and equipment	57,245	36,628
Renovations in progress	5,233	4,006
Investment in hotel properties, at cost	1,060,985	695,194
Less accumulated depreciation	-66,137	-42,317
Investment in hotel properties, net	$994,848	$652,877

Investment_in_Unconsolidated_E2

Investment in Unconsolidated Entities - Additional Information (Details) (USD $)

Sep. 30, 2014

Jun. 09, 2014

Dec. 31, 2013

Jun. 09, 2014

Sep. 30, 2014

Jun. 09, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Apr. 17, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Jun. 08, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Room

Hotel

NewINK Joint Venture

Torrance Joint Venture

Innkeepers Joint Venture

NewINK Joint Venture

Hotel

Silicon Valley Acquisition

Cerberus Capital Management

Hotel

Room

Hotel

Room

Schedule of Equity Method Investments [Line Items]

Indirect ownership in the leased, hotels

5.00%

10.30%

Investment in joint venture

$800,000

$1,700,000

$31,000,000

$2,900,000

Aggregate number of rooms in hotels

4,540

248

Number of hotels in joint venture real estate portfolio

Number of hotel rooms in joint venture real estate portfolio

6,845

Joint venture, percentage ownership by third party

89.70%

Purchase of hotels, number of hotels

Gain (loss) on remeasurement of joint venture

18,800,000

Gain (loss) on sale of joint venture

47,900,000

Gain (loss) on sale of joint venture after remeasurement

66,700,000

Cash generated from other activities and excess cash

62,000

25,000

100,000

25,000

1,894,000

411,000

1,894,000

411,000

Investment in unconsolidated real estate entities

3,692,000

774,000

20,400,000

Difference between carrying amount and share of partners' capital

$17,500,000

Investment_in_Unconsolidated_E3

Investment in Unconsolidated Entities - Cash Received and Distributions from Joint Venture (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Cash generated from financing activities	'	'	$342,493	$153,572
Net change in cash and cash equivalents	'	'	62,835	55,905
Torrance Joint Venture	'	'	'	'
Cash generated from other activities and excess cash	62	25	100	25
Cash generated from financing activities	'	0	'	908
Net change in cash and cash equivalents	62	25	100	933
Innkeepers Joint Venture	'	'	'	'
Cash generated from other activities and excess cash	0	1,894	411	1,894
Cash generated from asset sales	0	130	0	130
Cash generated from financing activities	0	10,145	0	10,145
Net change in cash and cash equivalents	0	12,169	411	12,169
NewINK Joint Venture	'	'	'	'
Cash generated from other activities and excess cash	411	0	411	0
Net change in cash and cash equivalents	$411	$0	$411	$0

Investment_in_Unconsolidated_E4

Investment in Unconsolidated Entities - Components of Net Loss, Including Share, Related to Joint Venture (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Schedule of Equity Method Investments [Line Items]	'	'	'	'
Total hotel operating expenses	$45,979	$29,359	$122,425	$78,086
Operating income	14,683	6,011	22,179	13,809
Net income (loss)	8,700	2,541	72,174	3,098
Total Minority Interest Joint Ventures	'	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'
Revenue	67,160	72,761	203,730	204,968
Total hotel operating expenses	37,994	39,386	114,352	114,747
Operating income	29,166	33,375	89,378	90,221
Net income (loss) from continuing operations	6,104	-7,225	-17,073	-11,777
Gain (loss) on sale of hotels	0	341	-5	-2,318
Net income (loss)	6,104	-6,884	-17,078	-14,095
Net Income Allocated To Parent	627	-707	-1,755	-1,448
Amortization Of Capitalized Costs	185	0	185	0
Total income (loss) from unconsolidated real estate entities attributable to Chatham	$812	($707)	($1,570)	($1,448)

Debt_Components_of_Mortgage_De

Debt - Components of Mortgage Debt (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Participating Mortgage Loans [Line Items]	'		'
Carrying Value	$931,079		'
Mortgage debt	473,904		272,063
Senior Secured Revolving Credit Facility	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	2.66%	[1]	'
Maturity Date	5-Nov-16	[1]	'
Carrying Value	240,399	[1]	'
Mortgage debt	0	[1]	50,000	[1]
SpringHill Suites by Marriott Washington, PA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	5.84%		'
Maturity Date	1-Apr-15		'
Carrying Value	10,665		'
Mortgage debt	4,805		4,937
Courtyard by Marriott Altoona, PA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	5.96%		'
Maturity Date	1-Apr-16		'
Carrying Value	11,619		'
Mortgage debt	6,225		6,378
Residence Inn by Marriott New Rochelle, NY	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	5.75%		'
Maturity Date	1-Sep-21		'
Carrying Value	21,334		'
Mortgage debt	14,914		15,150
Residence Inn by Marriott San Diego, CA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.66%		'
Maturity Date	6-Feb-23		'
Carrying Value	42,276		'
Mortgage debt	30,186		30,546
Homewood Suites by Hilton San Antonio, TX	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.59%		'
Maturity Date	6-Feb-23		'
Carrying Value	29,695		'
Mortgage debt	17,246		17,454
Residence Inn by Marriott Vienna, VA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.49%		'
Maturity Date	6-Feb-23		'
Carrying Value	33,195		'
Mortgage debt	23,634		23,925
Courtyard by Marriott Houston, TX	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.19%		'
Maturity Date	6-May-23		'
Carrying Value	32,794		'
Mortgage debt	19,561		19,812
Hyatt Place Pittsburgh, PA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.65%		'
Maturity Date	6-Jul-23		'
Carrying Value	38,490		'
Mortgage debt	23,753		24,028
Residence Inn by Marriott Bellevue, WA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.97%		'
Maturity Date	6-Dec-23		'
Carrying Value	69,551		'
Mortgage debt	47,580		47,580
Residence Inn by Marriott Garden Grove, CA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.79%	[2]	'
Maturity Date	6-Apr-24	[2]	'
Carrying Value	43,282	[2]	'
Mortgage debt	34,000	[2]	32,253	[2]
Residence Inn by Marriott Silicon Valley I, Sunnyvale, CA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.64%	[3]	'
Maturity Date	6-Jul-24	[3]	'
Carrying Value	91,509	[3]	'
Mortgage debt	64,800	[3]	0	[3]
Residence Inn by Marriott Silicon Valley II, Sunnyvale, CA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.64%	[3]	'
Maturity Date	6-Jul-24	[3]	'
Carrying Value	100,401	[3]	'
Mortgage debt	70,700	[3]	0	[3]
Residence Inn by Marriott San Mateo, CA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.64%	[3]	'
Maturity Date	6-Jul-24	[3]	'
Carrying Value	71,759	[3]	'
Mortgage debt	48,600	[3]	0	[3]
Residence Inn by Marriott Mountain View, CA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.64%	[3]	'
Maturity Date	6-Jul-24	[3]	'
Carrying Value	55,525	[3]	'
Mortgage debt	37,900	[3]	0	[3]
SpringHill Suites by Marriott Savannah, GA	'		'
Participating Mortgage Loans [Line Items]	'		'
Interest Rate	4.62%	[4]	'
Maturity Date	6-Jul-24	[4]	'
Carrying Value	38,585	[4]	'
Mortgage debt	$30,000	[4]	$0	[4]

[1]	Thirteen properties in the borrowing base serve as collateral for borrowings under the senior secured revolving credit facility at SeptemberB 30, 2014. The interest rate for the senior secured revolving credit facility is variable and based on LIBOR plus 2.5%.
[2]	On March 21, 2014, the Company refinanced the mortgage for the Residence Inn Garden Grove hotel. The new loan has a 10-year term and a 30-year amortization payment schedule but is interest only for the first 12 months. The Company incurred $0.2 million in costs for early extinguishment of debt related to the old loan.
[3]	On June 9, 2014, the Company obtained 4 new mortgage loans secured by a first mortgage for the Silicon Valley I, Silicon Valley II, San Mateo and Mountain View hotels. The new loans have a 10-year term and a 30-year amortization payment schedule but are interest only for the first 60 months.
[4]	On July 2, 2014, the Company obtained a new mortgage loan secured by a first mortgage for the Savannah hotel. The loan has a 10-year term and a 30-year amortization payment schedule but is interest only for the first 60 months.

Debt_Components_of_Mortgage_De1

Debt - Components of Mortgage Debt (Parenthetical) (Details) (USD $)	3 Months Ended		9 Months Ended			9 Months Ended	0 Months Ended			0 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2014	Mar. 21, 2014	Jun. 09, 2014	Jun. 09, 2014	Jul. 02, 2014
					Senior Secured Revolving Credit Facility	Senior Secured Revolving Credit Facility	Residence Inn by Marriott Garden Grove, CA	Silicon Valley I, Silicon Valley II, San Mateo and Mountain View Loans	Silicon Valley I, Silicon Valley II, San Mateo and Mountain View Loans	SpringHill Suites by Marriott Savannah, GA
					Property	LIBOR			mortgage
Participating Mortgage Loans [Line Items]	'	'	'	'	'	'	'	'	'	'
Number of properties in borrowing base securing borrowing under credit facility	'	'	'	'	13	'	'	'	'	'
Basis spread on variable rate	'	'	'	'	'	2.50%	'	'	'	'
Loan term	'	'	'	'	'	'	'10 years	'10 years	'	'10 years
Loans amortization payment term	'	'	'	'	'	'	'30 years	'30 years	'	'30 years
Loss on early extinguishment of debt	$0	$0	$184	$933	'	'	$200	'	'	'
Interest only term	'	'	'	'	'	'	'12 months	'60 months	'	'60 months
Number of loans	'	'	'	'	'	'	'	'	4	'

Debt_Summary_of_Amendment_to_S

Debt - Summary of Amendment to Senior Secured Revolving Credit Facility (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 11, 2013
Debt Disclosure [Abstract]	'	'
Distribution limit, percentage of adjusted funds	'	95.00%
Facility amount	$175,000,000	'
Interest rate applicable margin	'200-300 basis points, based on leverage ratio	'
Unused fee	'25 basis points if less than 50% unused, 35 basis points if more than 50% unused	'
Minimum fixed charge coverage ratio	1.5	'

Debt_Summary_of_Amendment_to_S1

Debt - Summary of Amendment to Senior Secured Revolving Credit Facility (Parenthetical) (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
Senior Secured Notes [Line Items]	'
Additional credit facility	$50,000,000
Minimum	'
Senior Secured Notes [Line Items]	'
Line of credit, interest spread basis points	2.00%
Line of credit facility commitment fee, basis points	0.25%
Maximum	'
Senior Secured Notes [Line Items]	'
Line of credit, interest spread basis points	3.00%
Line of credit facility commitment fee, basis points	0.35%

Debt_Additional_Information_De

Debt - Additional Information (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]	'	'
Outstanding borrowings under credit facility	$0	$50,000,000
Maximum borrowing availability under revolving credit facility	175,000,000	'
Consolidated fixed charge coverage ratio	3.02	'
Fixed Rate Debt	'	'
Debt Instrument [Line Items]	'	'
Estimated fair value of debt	476,300,000	220,000,000
Variable rate debt	'	'
Debt Instrument [Line Items]	'	'
Estimated fair value of debt	0	50,000,000
Senior Secured Revolving Credit Facility	'	'
Debt Instrument [Line Items]	'	'
Outstanding borrowings under credit facility	0	50,000,000
Maximum borrowing availability under revolving credit facility	$175,000,000	'

Debt_Future_Scheduled_Principa

Debt - Future Scheduled Principal Payments of Debt Obligations (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]	'	'
2014 (remaining six months)	$658	'
2015	8,319	'
2016	9,555	'
2017	3,802	'
2018	3,980	'
Thereafter	447,590	'
Total	$473,904	$272,063

Income_Taxes_Components_of_Inc

Income Taxes - Components of Income Tax Expense (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'	'	'	'
Federal	$34	$21	$64	$56
State	10	9	21	19
Tax expense	$44	$30	$85	$75

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Trs Lessee One	'
Income Taxes [Line Items]	'
Gross deferred tax asset associated with future tax deductions	$1.10
Recorded valuation allowance equal to gross deferred tax asset	100.00%
Trs Lessee Two	'
Income Taxes [Line Items]	'
Gross deferred tax asset associated with future tax deductions	$0

Dividends_Declared_and_Paid_Ad

Dividends Declared and Paid - Additional Information (Details) (USD $)	0 Months Ended						1 Months Ended			3 Months Ended		9 Months Ended
	Jun. 30, 2014	31-May-14	Apr. 30, 2014	Mar. 31, 2014	Feb. 28, 2014	Jan. 31, 2014	Sep. 30, 2014	Aug. 31, 2014	Jul. 31, 2014	Sep. 30, 2014	Mar. 31, 2014	Sep. 30, 2014	Sep. 30, 2013
Equity [Abstract]	'	'	'	'	'	'	'	'	'	'	'	'	'
Common shares, dividend declared per share	$0.08	$0.08	$0.08	$0.07	$0.07	$0.07	$0.08	$0.08	$0.08	$0.24	$0.21	$0.69	$0.63
Long-term incentive plan (LTIP) units, distributions per unit	$0.08	$0.08	$0.08	$0.07	$0.07	$0.07	$0.08	$0.08	$0.08	$0.24	$0.21	$0.69	$0.63

Dividends_Declared_and_Paid_Di

Dividends Declared and Paid - Dividend Information (Details) (USD $)

0 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

Jun. 30, 2014

31-May-14

Apr. 30, 2014

Mar. 31, 2014

Feb. 28, 2014

Jan. 31, 2014

Sep. 30, 2014

Aug. 31, 2014

Jul. 31, 2014

Sep. 30, 2014

Mar. 31, 2014

Sep. 30, 2014

Sep. 30, 2013

Equity [Abstract]

Record Date

30-Jun-14

30-May-14

30-Apr-14

31-Mar-14

28-Feb-14

31-Jan-14

30-Sep-14

29-Aug-14

31-Jul-14

Payment Date

25-Jul-14

27-Jun-14

30-May-14

25-Apr-14

28-Mar-14

28-Feb-14

31-Oct-14

26-Sep-14

29-Aug-14

Common share distribution amount

$0.08

$0.07

$0.08

$0.24

$0.21

$0.69

$0.63

LTIP unit distribution amount

$0.08

$0.07

$0.08

$0.24

$0.21

$0.69

$0.63

Earnings_Per_Share_Reconciliat

Earnings Per Share - Reconciliation of Amounts Used in Calculating Basic and Diluted Net Income (Loss) Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Numerator:	'	'	'	'
Net income attributable to common shareholders	$8,700	$2,541	$72,174	$3,098
Dividends paid on unvested shares and units	-36	-72	-181	-223
Net income attributable to common shareholders	$8,664	$2,469	$71,993	$2,875
Denominator:	'	'	'	'
Weighted average number of common shares - basic (in shares)	27,370,815	22,508,988	26,697,483	19,308,809
Effect of dilutive securities:	'	'	'	'
Unvested shares (in shares)	324,532	260,294	297,174	231,132
Weighted average number of common shares - diluted (in shares)	27,695,347	22,769,282	26,994,657	19,539,941
Basic income per Common Share:	'	'	'	'
Net income attributable to common shareholders per weighted average basic common share (in dollars per share)	$0.32	$0.11	$2.70	$0.15
Diluted income per Common Share:	'	'	'	'
Net income attributable to common shareholders per weighted average diluted common share (in dollars per share)	$0.31	$0.11	$2.67	$0.15

Equity_Incentive_Plan_Addition

Equity Incentive Plan - Additional Information (Details) (USD $)

Sep. 30, 2014

Dec. 31, 2013

Dec. 31, 2012

Jan. 31, 2014

Jan. 31, 2013

Sep. 30, 2014

17-May-13

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Jun. 04, 2014

Sep. 30, 2014

Jun. 04, 2014

In Millions, except Share data, unless otherwise specified

Independent Trustees

Equity Incentive Plan

2010 Equity Incentive Plan

Restricted Stock

Long Term Incentive Plan Units

Officer

Awarded September 30, 2013

Awarded June 4, 2014

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares authorized

3,000,000

Vesting period for share awards under equity

'3 years

Common share issued as compensation for services performed

16,542

22,536

13,518

Number of trading days preceding the reporting date for which average of closing price of common shares is taken

'10 days

Common shares available for issuance

2,296,458

Compensation expense valuation of performance-based shares

$13.17

$10.93

$10.20

Unrecognized compensation costs

$1.80

$1.20

Weighted - average period for recognition of unrecognized compensation costs

'1 year 10 months 24 days

'0 years 6 months 20 days

Compensation expense, recognized

0.3

0.9

0.7

0.2

0.6

Total unrecognized compensation cost related to LTIP Units.

$0.40

Number of awards achieving full parity

26,250

231,525

Number of recipients

Awards vested to date, percentage

80.00%

80000.00%

Equity_Incentive_Plan_Restrict

Equity Incentive Plan - Restricted Share Awards Granted and Vested (Details)

0 Months Ended

31 Months Ended

0 Months Ended

31 Months Ended

0 Months Ended

20 Months Ended

0 Months Ended

16 Months Ended

0 Months Ended

8 Months Ended

0 Months Ended

8 Months Ended

Feb. 23, 2012

Sep. 30, 2014

Feb. 23, 2012

Sep. 30, 2014

Jan. 29, 2013

Sep. 30, 2014

17-May-13

Sep. 30, 2014

Jan. 31, 2014

Sep. 30, 2014

Jan. 31, 2014

Sep. 30, 2014

Awarded February 23, 2012

Awarded January 29, 2013

Awarded May 17, 2013

Awarded January 31, 2014

Time-based Restricted Stock Awards

Performance-based Restricted Stock Awards

Time-based Restricted Stock Awards

Performance-based Restricted Stock Awards

Time-based Restricted Stock Awards

Performance-based Restricted Stock Awards

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total Shares Granted

61,376

53,191

40,829

48,213

38,805

Vested

40,918

35,462

13,611

Equity_Incentive_Plan_Summary_

Equity Incentive Plan - Summary of Restricted Share Awards (Details) (Restricted Stock, USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Restricted Stock	'	'
Summary of company's restricted share awards	'	'
Number of Shares, Nonvested at beginning of the period (in shares)	158,035	140,077
Number of Shares, Granted (in shares)	87,018	81,658
Number of Shares, Vested (in shares)	-65,412	-63,700
Number of Shares, Nonvested at end of the period (in shares)	179,641	158,035
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]	'	'
Weighted - Average Grant Date Fair Value, Nonvested at beginning of the period (in dollars per share)	$12.39	$12.70
Weighted - Average Grant Date Fair Value, Granted (in dollars per share)	$17.46	$13.43
Weighted - Average Grant Date Fair Value, Vested (in dollars per share)	$12.17	$14.39
Weighted - Average Grant Date Fair Value, Nonvested at end of the period (in dollars per share)	$14.92	$12.39

Commitments_and_Contingencies_1

Commitments and Contingencies - Additional Information (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
	Sep. 30, 2014	Sep. 30, 2013	Term	Sep. 30, 2013
Capital Leased Assets [Line Items]	'	'	'	'
Maximum additional terms up to which ground lease can be extended	'	'	12	'
Periods in each additional renewal term	'	'	'5 years	'
Approximate rent when monthly occupancy is less than 85%	'	'	$7,500	'
Percentage of occupancy under condition one	'	'	85.00%	'
Approximate rent when monthly occupancy is 100%	'	'	20,000	'
Percentage of occupancy under condition two	'	'	100.00%	'
Minimum percentage of annual rent increase	'	'	2.50%	'
Management fees recorded within hotel other operating expenses	1,900,000	900,000	4,400,000	2,400,000
Maximum	'	'	'	'
Capital Leased Assets [Line Items]	'	'	'	'
Franchise fees recorded within hotel other operating expenses	4,700,000	2,700,000	11,100,000	6,800,000
Hotel Management Agreement \| Island Hospitality Management Inc.	'	'	'	'
Capital Leased Assets [Line Items]	'	'	'	'
Initial terms of management agreements	'	'	'5 years	'
Minimum notice period for termination of management agreement	'	'	'6 months	'
Number of renewal periods	'	'	2	'
Renewal periods of management agreements	'	'	'5 years	'
Notice period for successive renewal of agreement	'	'	'90 days	'
Management fee	'	'	10.00%	'
Incentive management fee	'	'	1.00%	'
Concord \| Hotel Management Agreement	'	'	'	'
Capital Leased Assets [Line Items]	'	'	'	'
Periods in each additional renewal term	'	'	'1 year	'
Initial terms of management agreements	'	'	'10 years	'
Expiry date of initial term of management agreement	'	'	28-Feb-17	'
Minimum notice period for termination of management agreement	'	'	'90 days	'
Ground Leases	'	'	'	'
Capital Leased Assets [Line Items]	'	'	'	'
Lease expiration date	'	'	30-Apr-29	'
Air Rights Lease And Garage Lease	'	'	'	'
Capital Leased Assets [Line Items]	'	'	'	'
Lease expiration date	'	'	1-Dec-04	'
Number of parking spaces occupied by hotel	128	'	128	'
Quarterly rent	'	'	$29,000	'

Commitments_and_Contingencies_2

Commitments and Contingencies - Minimum Future Obligation Payments Required Under Ground Leases (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified	Sep. 30, 2014
Minimum future obligation payments required under ground leases	'
2014 (remaining three months)	$52
2015	210
2016	212
2017	214
2018	217
Thereafter	11,228
Total	$12,133

Commitments_and_Contingencies_3

Commitments and Contingencies - Terms of Management Agreements (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
Courtyard Altoona	'
Real Estate Properties [Line Items]	'
Base Management Fee	4.00%
Monthly Accounting Fee	$1,211
Monthly Revenue Management Fee	0
Incentive Management Fee	0.00%
Springhill Suites Washington	'
Real Estate Properties [Line Items]	'
Base Management Fee	4.00%
Monthly Accounting Fee	991
Monthly Revenue Management Fee	0
Incentive Management Fee	0.00%
Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Homewood Suites by Hilton Minneapolis-Mall of America	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Homewood Suites by Hilton Nashville-Brentwood	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Homewood Suites by Hilton Dallas-Market Center	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Homewood Suites by Hilton Hartford-Farmington	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Homewood Suites by Hilton Orlando-Maitland	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Homewood Suites by Hilton Carlsbad (North San Diego County)	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Hampton Inn & Suites Houston-Medical Center	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Residence Inn Long Island Holtsville	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Residence Inn White Plains	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Residence Inn New Rochelle	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Residence Inn Garden Grove	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.50%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Residence Inn Mission Valley	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.50%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Homewood Suites by Hilton San Antonio River Walk	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.50%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Residence Inn Washington DC	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.50%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Residence Inn Tysons Corner	'
Real Estate Properties [Line Items]	'
Base Management Fee	2.50%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	0
Incentive Management Fee	1.00%
Hampton Inn Portland Downtown	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Courtyard Houston	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,000
Monthly Revenue Management Fee	550
Incentive Management Fee	1.00%
Hyatt Place Pittsburgh North Shore	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,500
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Hampton Inn Exeter	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,200
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Hilton Garden Inn Denver Tech	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,500
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Residence Inn Bellevue	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,200
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Springhill Suites Savannah	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,200
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Residence Inn Silicon Valley I	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,200
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Residence Inn Silicon Valley II	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,200
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Residence Inn San Mateo	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,200
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Residence Inn Mountain View	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,200
Monthly Revenue Management Fee	1,000
Incentive Management Fee	1.00%
Hyatt Place Cherry Creek	'
Real Estate Properties [Line Items]	'
Base Management Fee	3.00%
Monthly Accounting Fee	1,500
Monthly Revenue Management Fee	$1,000
Incentive Management Fee	1.00%

Commitments_and_Contingencies_4

Commitments and Contingencies - Terms of Franchise Agreements (Details)	9 Months Ended
	Sep. 30, 2014
Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2025
Homewood Suites by Hilton Minneapolis-Mall of America	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2025
Homewood Suites by Hilton Nashville-Brentwood	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2025
Homewood Suites by Hilton Dallas-Market Center	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2025
Homewood Suites by Hilton Hartford-Farmington	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2025
Homewood Suites by Hilton Orlando-Maitland	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2025
Homewood Suites by Hilton Carlsbad (North San Diego County)	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2028
Hampton Inn & Suites Houston-Medical Center	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%
Marketing/Program Fee	4.00%
Expiration	'2020
Courtyard Altoona	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.00%
Expiration	'2030
Springhill Suites Washington	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%
Marketing/Program Fee	2.50%
Expiration	'2030
Residence Inn Long Island Holtsville	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2025
Residence Inn White Plains	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2030
Residence Inn New Rochelle	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2030
Residence Inn Garden Grove	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%
Marketing/Program Fee	2.50%
Expiration	'2031
Residence Inn Mission Valley	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%
Marketing/Program Fee	2.50%
Expiration	'2031
Homewood Suites by Hilton San Antonio River Walk	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.00%
Marketing/Program Fee	4.00%
Expiration	'2026
Residence Inn Washington DC	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2033
Residence Inn Tysons Corner	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%
Marketing/Program Fee	2.50%
Expiration	'2031
Hampton Inn Portland Downtown	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	6.00%
Marketing/Program Fee	4.00%
Expiration	'2032
Courtyard Houston	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.00%
Expiration	'2030
Hyatt Place Pittsburgh North Shore	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%
Marketing/Program Fee	3.50%
Expiration	'2030
Hampton Inn Exeter	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	6.00%
Marketing/Program Fee	4.00%
Expiration	'2031
Hilton Garden Inn Denver Tech	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	4.30%
Marketing/Program Fee	5.50%
Expiration	'2028
Residence Inn Bellevue	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2033
Springhill Suites Savannah	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%
Marketing/Program Fee	2.50%
Expiration	'2033
Residence Inn Silicon Valley I	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2029
Residence Inn Silicon Valley II	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2029
Residence Inn San Mateo	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2029
Residence Inn Mountain View	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.50%
Marketing/Program Fee	2.50%
Expiration	'2029
Hyatt Place Cherry Creek	'
Real Estate Properties [Line Items]	'
Marketing/Program Fee	3.50%
Expiration	'2034
Minimum \| Hyatt Place Cherry Creek	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	3.00%
Maximum \| Hyatt Place Cherry Creek	'
Real Estate Properties [Line Items]	'
Franchise/Royalty Fee	5.00%

Related_Party_Transactions_Add

Related Party Transactions - Additional Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
	Hotel	Sep. 30, 2013	Hotel	Sep. 30, 2013	Dec. 31, 2013
Related Party Transaction [Line Items]	'	'	'	'	'
Number of hotels in ownership by Company	30	'	30	'	'
Management and accounting fees paid by the company	$1.80	$1	$4.10	$2.40	'
Amounts due to related party	$0.90	'	$0.90	'	$0.50
Minority Interest In Joint Venture with Cerberus	'	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'	'
Number of hotels in ownership by Company	47	'	47	'	'
Island Hospitality Management Inc.	'	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'	'
Ownership percentage in related party owned by the company's chairman	90.00%	'	90.00%	'	'
Number of hotels managed by related party	28	'	28	'	'

Subsequent_Events_Subsequent_E

Subsequent Events Subsequent Events (Details) (USD $)

Sep. 30, 2014

Sep. 17, 2014

In Millions, unless otherwise specified

state

Co-venturer

Inland Joint Venture

Hotel

Co-venturer

Room

TEXAS

NEW JERSEY

NORTH CAROLINA

NEW YORK

VIRGINIA

Courtyard By Marriott Brand

Residence Inn By Marriott Brand

Hilton Garden Inn By Hilton Brand

Homewood Suites By Hilton Brand

Hampton Inn Or Hampton Inn And Suites By Hilton Brand

Aloft By Starwood Brand

SpringHill Suites By Marriott Brand

Hyatt Place Brand

Hotel

state

Subsequent Event [Line Items]

Number of hotels in joint venture real estate portfolio

Number of hotel rooms in joint venture real estate portfolio

6,976

Investment in joint venture

$28

$1,100

Face amount

818

Joint venture, percentage ownership by third party

90.00%

Indirect ownership in the leased, hotels

10.00%

Number of states in which hotels are owned

Number of optional hotel acquisitions

Joint Venture, Optional Hotel Acquisitions, Expected Gross Purchase Price

$107