Acquisition Of Hotels
|9 Months Ended|
Sep. 30, 2011
|Acquisition Of Hotels [Abstract]|
|Acquisition Of Hotels|
3. Acquisition of Hotels
The Trust has acquired the following hotels since its IPO and through September 30, 2011:
The allocation of the purchase prices to the acquired assets and liabilities based on their fair values was as follows (in thousands):
The following financial information presents the pro forma results of operations of the Trust for the three and nine months ended September 30, 2011 and 2010 as if all acquisitions during 2010 and 2011 had taken place on January 1, 2010. The pro forma results for the three and nine months ended September 30, 2011 and 2010 have been prepared for comparative purposes only and do not purport to be indicative of the results of operations that would have actually occurred had all transactions taken place on January 1, 2010, or of future results of operations (in thousands, except per share data).
The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).
Reference 1: http://www.xbrl.org/2003/role/presentationRef