$SOHO
Sotherly Hotels Inc. Stock $soho

$soho Overview Financials Valuation SEC Filings Company Website

2014 Form 10-K Financial Statement

#000119312515129493 Filed on April 14, 2015

Income Statement

Concept	2014	2013 Q4	2013 Q3
Revenue	$122.9M	$22.48M	$21.46M
YoY Change	37.56%	9.99%	-1.44%
Cost Of Revenue	$45.10M	$8.270M	$7.780M
YoY Change	41.82%	11.46%	-2.26%
Gross Profit	$77.80M	$14.20M	$13.68M
YoY Change	35.07%	9.15%	-0.94%
Gross Profit Margin	63.28%	63.18%	63.75%
Selling, General & Admin	$50.20M	$10.02M	$9.300M
YoY Change	31.76%	12.46%	-1.69%
% of Gross Profit	64.52%	70.56%	67.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.97M	$2.350M	$2.040M
YoY Change	41.32%	10.33%	-5.12%
% of Gross Profit	15.39%	16.55%	14.91%
Operating Expenses	$110.4M	$21.25M	$19.12M
YoY Change	39.85%	15.94%	-2.32%
Operating Profit	$12.51M	$1.224M	$2.335M
YoY Change	20.16%	-41.84%	6.46%
Interest Expense	$14.64M	$140.0K	$3.899M
YoY Change	52.36%	-93.33%	-191.53%
% of Operating Profit	117.05%	11.44%	166.98%
Other Income/Expense, Net
YoY Change
Pretax Income	-$2.466M	-$670.0K	-$2.024M
YoY Change	-17.17%	-134.01%	-2.23%
Income Tax	-$1.728M	$30.00K	$93.96K
% Of Pretax Income
Net Earnings	-$584.7K	-$550.0K	-$1.650M
YoY Change	-83.22%	-139.29%	1.83%
Net Earnings / Revenue	-0.48%	-2.45%	-7.69%
Basic Earnings Per Share		-$0.05	-$0.16
Diluted Earnings Per Share	-$57.69K	-$0.05	-$0.16
COMMON SHARES
Basic Shares Outstanding	10.38M	10.21M shares	10.18M shares
Diluted Shares Outstanding			11.20M shares

Balance Sheet

Concept	2014	2013 Q4	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$16.60M	$9.400M	$23.80M
YoY Change	76.6%	30.56%	180.0%
Cash & Equivalents	$16.60M	$9.377M	$23.79M
Short-Term Investments
Other Short-Term Assets	$3.300M	$2.300M	$2.000M
YoY Change	43.48%	35.29%	-4.76%
Inventory
Prepaid Expenses
Receivables	$2.100M	$2.000M	$2.000M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$22.00M	$13.70M	$27.80M
YoY Change	60.58%	31.73%	112.21%
LONG-TERM ASSETS
Property, Plant & Equipment	$260.2M	$202.6M	$174.0M
YoY Change	28.43%	14.85%	-1.92%
Goodwill
YoY Change
Intangibles		$240.2K	$300.2K
YoY Change		-50.0%
Long-Term Investments	$2.000M	$2.400M	$8.300M
YoY Change	-16.67%	-72.09%	-4.6%
Other Assets	$15.60M	$9.200M	$10.00M
YoY Change	69.57%	13.58%	21.95%
Total Long-Term Assets	$277.8M	$214.5M	$192.6M
YoY Change	29.51%	10.76%	-1.17%
TOTAL ASSETS
Total Short-Term Assets	$22.00M	$13.70M	$27.80M
Total Long-Term Assets	$277.8M	$214.5M	$192.6M
Total Assets	$299.8M	$228.2M	$220.4M
YoY Change	31.38%	11.83%	5.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$12.00M	$8.100M	$7.700M
YoY Change	48.15%	19.12%	-9.41%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$14.10M	$9.400M	$9.100M
YoY Change	50.0%	20.51%	-8.08%
LONG-TERM LIABILITIES
Long-Term Debt	$258.2M	$188.0M	$171.0M
YoY Change	37.34%	22.16%	10.39%
Other Long-Term Liabilities			$8.000M
YoY Change			9.59%
Total Long-Term Liabilities	$258.2M	$188.0M	$179.0M
YoY Change	37.34%	18.31%	10.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$14.10M	$9.400M	$9.100M
Total Long-Term Liabilities	$258.2M	$188.0M	$179.0M
Total Liabilities	$276.4M	$197.3M	$188.2M
YoY Change	36.16%	18.37%	4.94%
SHAREHOLDERS EQUITY
Retained Earnings		-$32.45M	-$31.23M
YoY Change		19.39%
Common Stock		$102.1K	$102.1K
YoY Change		2.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$23.40M	$25.19M	$26.37M
YoY Change
Total Liabilities & Shareholders Equity	$299.8M	$228.2M	$220.4M
YoY Change	31.38%	11.83%	5.98%

Cashflow Statement

Concept	2014	2013 Q4	2013 Q3
OPERATING ACTIVITIES
Net Income	-$584.7K	-$550.0K	-$1.650M
YoY Change	-83.22%	-139.29%	1.83%
Depreciation, Depletion And Amortization	$11.97M	$2.350M	$2.040M
YoY Change	41.32%	10.33%	-5.12%
Cash From Operating Activities	$14.85M	$1.590M	$1.030M
YoY Change	54.77%	120.83%	-68.69%
INVESTING ACTIVITIES
Capital Expenditures	-$70.91M	-$31.38M	-$1.080M
YoY Change	-330.78%	7946.15%	200.0%
Acquisitions
YoY Change
Other Investing Activities	-$190.0K	$5.800M	-$290.0K
YoY Change	-103.11%	-3725.0%	16.0%
Cash From Investing Activities	-$71.10M	-$25.58M	-$1.370M
YoY Change	140.79%	4467.86%	128.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$124.9K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	63.50M	9.560M	17.58M
YoY Change	186.89%	-750.34%	-1589.83%
NET CHANGE
Cash From Operating Activities	14.85M	1.590M	1.030M
Cash From Investing Activities	-71.10M	-25.58M	-1.370M
Cash From Financing Activities	63.50M	9.560M	17.58M
Net Change In Cash	7.250M	-14.43M	17.24M
YoY Change	229.41%	1001.53%	1041.72%
FREE CASH FLOW
Cash From Operating Activities	$14.85M	$1.590M	$1.030M
Capital Expenditures	-$70.91M	-$31.38M	-$1.080M
Free Cash Flow	$85.76M	$32.97M	$2.110M
YoY Change	-505.85%	2870.27%	-42.19%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	100000
CY2013Q3	soho	Preference Stock Shares Agreed For Redemption PreferenceStockSharesAgreedForRedemption	2460	shares
CY2013Q3	soho	Preference Share Aggregate Redemption Price PreferenceShareAggregateRedemptionPrice	2700000
CY2013Q3	soho	Related Party Transaction Prepayment Fee RelatedPartyTransactionPrepaymentFee	200000
CY2013Q1	soho	Preference Share Aggregate Redemption Price PreferenceShareAggregateRedemptionPrice	2100000
CY2013Q1	soho	Related Party Transaction Prepayment Fee RelatedPartyTransactionPrepaymentFee	200000
CY2014Q1	us-gaap	Bridge Loan BridgeLoan	19000000
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	10707032	shares
CY2013Q4	us-gaap	Limited Liability Company Llc Preferred Unit Issued LimitedLiabilityCompanyLLCPreferredUnitIssued	32929	shares
CY2013Q4	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	32929	shares
CY2012Q2	soho	Preference Stock Shares Agreed For Redemption PreferenceStockSharesAgreedForRedemption	11514	shares
CY2012Q2	soho	Preference Share Aggregate Redemption Price PreferenceShareAggregateRedemptionPrice	12300000
CY2011Q4	us-gaap	Bridge Loan BridgeLoan	10000000
CY2013Q4	soho	Operating Partnership Interest Ownership Percentage Acquired By Entity OperatingPartnershipInterestOwnershipPercentageAcquiredByEntity	1.00	pure
CY2013Q4	us-gaap	Non Recourse Debt NonRecourseDebt	57000000
CY2014Q3	soho	Franchise Agreement Termination Fees FranchiseAgreementTerminationFees	351800
CY2014Q4	soho	Related Party Transaction Asset Management Fees Payable RelatedPartyTransactionAssetManagementFeesPayable	73278
CY2011Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2011Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	25000	shares
CY2013Q1	soho	Preference Stock Shares Agreed For Redemption PreferenceStockSharesAgreedForRedemption	1902	shares
CY2012Q2	soho	Preference Stock Shares Agreed For Redemption PreferenceStockSharesAgreedForRedemption	11514	shares
CY2012Q2	soho	Preference Share Aggregate Redemption Price PreferenceShareAggregateRedemptionPrice	12300000
CY2012Q2	soho	Related Party Transaction Prepayment Fee RelatedPartyTransactionPrepaymentFee	800000
CY2013Q3	soho	Preference Share Aggregate Redemption Price PreferenceShareAggregateRedemptionPrice	10700000
CY2013Q3	soho	Related Party Transaction Prepayment Fee RelatedPartyTransactionPrepaymentFee	700000
CY2014Q2	dei	Entity Public Float EntityPublicFloat	71027018
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	43687100
CY2011Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	31304000
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4409959
CY2011Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	198959000
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	37053953
CY2012Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	36677000
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7175716
CY2012Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	200639000
CY2012Q4	soho	Related Party Transaction Asset Management Fees Payable RelatedPartyTransactionAssetManagementFeesPayable	20229
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10206927	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	49000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10206927	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	27509857
CY2014Q4	us-gaap	Secured Debt SecuredDebt	205291657
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	30854795
CY2013Q4	us-gaap	Secured Debt SecuredDebt	160363549
CY2013Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	42557000
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2013Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	666758
CY2013Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilities	59520022
CY2013Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	69218792
CY2013Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	588197
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	102069
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-32450773
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	25185409
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	228169081
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	57534113
CY2013Q4	us-gaap	Unsecured Debt UnsecuredDebt	27600000
CY2013Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity EquityMethodInvestmentSummarizedFinancialInformationEquity	9698770
CY2013Q4	us-gaap	Minority Interest MinorityInterest	5669386
CY2013Q4	us-gaap	Liabilities Liabilities	197314286
CY2013Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	8095782
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9376628
CY2013Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	202645633
CY2013Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	69218792
CY2013Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	2261303
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3796141
CY2013Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	1812026
CY2013Q4	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	209947
CY2013Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3820838
CY2013Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	2800000
CY2013Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	160400000
CY2013Q4	us-gaap	Assets Assets	228169081
CY2013Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	1581632
CY2013Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	2424737
CY2013Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	262887882
CY2013Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	233060000
CY2013Q4	soho	Un Amortized Franchise Fees UnAmortizedFranchiseFees	196989
CY2013Q4	soho	Preferred Stock Shares Authorized And Unissued PreferredStockSharesAuthorizedAndUnissued	972350	shares
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Restricted Cash And Cash Equivalents EquityMethodInvestmentSummarizedFinancialInformationRestrictedCashAndCashEquivalents	116414
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Investment In Hotel Properties Net EquityMethodInvestmentSummarizedFinancialInformationInvestmentInHotelPropertiesNet	64449892
CY2013Q4	soho	Operating Partnership Unit Not Owned OperatingPartnershipUnitNotOwned	2864127	shares
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Mortgage Loans Net EquityMethodInvestmentSummarizedFinancialInformationMortgageLoansNet	57000000
CY2013Q4	soho	Deferred Tax Assets Start Up Expenses DeferredTaxAssetsStartUpExpenses	300000
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Prepaid Expenses Inventory And Other Assets EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpensesInventoryAndOtherAssets	1567372
CY2013Q4	soho	Real Estate Investment Property Accumulated Depreciation And Impairment RealEstateInvestmentPropertyAccumulatedDepreciationAndImpairment	60242249
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Accounts Receivable EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable	304687
CY2013Q4	soho	Related Party Transaction Asset Management Fees Payable RelatedPartyTransactionAssetManagementFeesPayable	74464
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Accounts Payable And Other Accrued Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherAccruedLiabilities	2131176
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Advance Deposits EquityMethodInvestmentSummarizedFinancialInformationAdvanceDeposits	280339
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Cash And Cash Equivalents EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents	2780427
CY2013Q4	soho	Sub Leased Assets Net SubLeasedAssetsNet	240196
CY2013Q4	soho	Equity Method Investment Summarized Financial Information Accounts Payable And Other Accrued Liabilities Affiliates EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherAccruedLiabilitiesAffiliates	108507
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10570932	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10570932	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	49000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	53233000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	5991648
CY2014Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	636547
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	104751035
CY2014Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	1220729
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilities	59741144
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	67669393
CY2014Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	852914
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	105709
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-35388313
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	176741
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	29372341
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	23377195
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	1951887
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	100480
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	244244
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	15824365
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	299820043
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	58659799
CY2014Q4	us-gaap	Unsecured Debt UnsecuredDebt	52900000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	21477897
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity EquityMethodInvestmentSummarizedFinancialInformationEquity	7928249
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	205292000
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	361822
CY2014Q4	us-gaap	Minority Interest MinorityInterest	4132662
CY2014Q4	us-gaap	Liabilities Liabilities	272310186
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	432053
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	27874371
CY2014Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	12044886
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16634499
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	3865516
CY2014Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	260192153
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	67669393
CY2014Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	3334401
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements	257344000
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	174750000
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	6621864
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Land RealEstateAndAccumulatedDepreciationInitialCostOfLand	35788000
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land RealEstateAndAccumulatedDepreciationCarryingAmountOfLand	37483000
CY2012Q3	soho	Number Of Board Members NumberOfBoardMembers	2	Directors
CY2013Q3	soho	Prepayment Fee PrepaymentFee	200000
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	619780
CY2014Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	1908762
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	202615
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	643123
CY2013Q4	us-gaap	Partners Capital Account Units Redeemed PartnersCapitalAccountUnitsRedeemed	1000000	shares
CY2013Q4	soho	Class Of Warrant Or Right Redeemed Under First Tranche ClassOfWarrantOrRightRedeemedUnderFirstTranche	1000000	shares
CY2013Q4	soho	Amount Of Class Of Warrant Or Right Redeemed Under Final Tranche AmountOfClassOfWarrantOrRightRedeemedUnderFinalTranche	4000000
CY2012Q2	us-gaap	Partners Capital Account Units Redeemed PartnersCapitalAccountUnitsRedeemed	6000	shares
CY2012Q2	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	14640
CY2012Q2	soho	Number Of Board Members NumberOfBoardMembers	2	Directors
CY2012Q3	us-gaap	Partners Capital Account Units Redeemed PartnersCapitalAccountUnitsRedeemed	6000	shares
CY2012Q3	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	21540
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Accounts Receivable EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable	328755
CY2014Q4	soho	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand	1695000
CY2014Q4	soho	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Building And Improvements RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingAndImprovements	82594000
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Accounts Payable And Other Accrued Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherAccruedLiabilities	2195613
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Advance Deposits EquityMethodInvestmentSummarizedFinancialInformationAdvanceDeposits	398695
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Cash And Cash Equivalents EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents	2153906
CY2014Q4	soho	Common Stock Exchange Ratio CommonStockExchangeRatio	1	pure
CY2014Q4	soho	Percentage Of Management Fee Due Two To Three Years PercentageOfManagementFeeDueTwoToThreeYears	0.0265	pure
CY2014Q4	soho	Percentage Of Management Fee Due Thereafter PercentageOfManagementFeeDueThereafter	0.0250	pure
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Accounts Payable And Other Accrued Liabilities Affiliates EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherAccruedLiabilitiesAffiliates	146836
CY2014Q4	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	197674
CY2014Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	5405288
CY2014Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	2700000
CY2014Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	205300000
CY2014Q4	us-gaap	Assets Assets	299820043
CY2014Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	3543295
CY2014Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1982107
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	159520
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	1034209
CY2014Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	333589913
CY2014Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	294827000
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	1206269
CY2014Q4	soho	Un Amortized Franchise Fees UnAmortizedFranchiseFees	394139
CY2014Q4	soho	Fdic Protection Limit FdicProtectionLimit	250000
CY2014Q4	soho	Preferred Stock Shares Authorized And Unissued PreferredStockSharesAuthorizedAndUnissued	972350	shares
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Restricted Cash And Cash Equivalents EquityMethodInvestmentSummarizedFinancialInformationRestrictedCashAndCashEquivalents	874111
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Investment In Hotel Properties Net EquityMethodInvestmentSummarizedFinancialInformationInvestmentInHotelPropertiesNet	62823142
CY2014Q4	soho	Operating Partnership Unit Not Owned OperatingPartnershipUnitNotOwned	2550827	shares
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Mortgage Loans Net EquityMethodInvestmentSummarizedFinancialInformationMortgageLoansNet	57000000
CY2014Q4	soho	Deferred Tax Assets Start Up Expenses DeferredTaxAssetsStartUpExpenses	200000
CY2014Q4	soho	Equity Method Investment Summarized Financial Information Prepaid Expenses Inventory And Other Assets EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpensesInventoryAndOtherAssets	1489479
CY2014Q4	soho	Real Estate Investment Property Accumulated Depreciation And Impairment RealEstateInvestmentPropertyAccumulatedDepreciationAndImpairment	73397760
CY2013Q4	soho	Class Of Warrant Or Right Redeemed Under Final Tranche ClassOfWarrantOrRightRedeemedUnderFinalTranche	1000000	shares
CY2013Q4	soho	Payment Of Non Recourse Loan PaymentOfNonRecourseLoan	57000000
CY2013Q4	soho	Repayment Of Loan From Excess Proceed Of Mortgage RepaymentOfLoanFromExcessProceedOfMortgage	3500000
CY2014Q4	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	25621
CY2014Q4	soho	Number Of Board Members NumberOfBoardMembers	2	Director
CY2011Q2	us-gaap	Stock And Warrants Issued During Period Value Preferred Stock And Warrants StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants	25000000
CY2013Q1	soho	Prepayment Fee PrepaymentFee	200000
CY2013Q1	soho	Amortization Of Issuance Costs Related To Redeemed Shares AmortizationOfIssuanceCostsRelatedToRedeemedShares	100000
CY2013Q2	us-gaap	Partners Capital Account Units Redeemed PartnersCapitalAccountUnitsRedeemed	10000	shares
CY2013Q2	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	32900
CY2013Q2	soho	Number Of Board Members NumberOfBoardMembers	2	Directors
CY2012Q2	soho	Reserved To Repay Principal Amounts Outstanding On Crowne Plaza Jacksonville Riverfront Hotel Property ReservedToRepayPrincipalAmountsOutstandingOnCrownePlazaJacksonvilleRiverfrontHotelProperty	2000000
CY2012Q2	soho	Prepayment Of Debt PrepaymentOfDebt	1500000
CY2012Q2	soho	Amount Of Undrawn Term Loan Commitments AmountOfUndrawnTermLoanCommitments	7000000
CY2012Q2	soho	Prepayment Fee PrepaymentFee	800000
CY2012Q2	soho	Amortization Of Issuance Costs Related To Redeemed Shares AmortizationOfIssuanceCostsRelatedToRedeemedShares	700000
CY2013Q3	soho	Prepayment Fee PrepaymentFee	700000
CY2013Q3	soho	Amortization Of Issuance Costs Related To Redeemed Shares AmortizationOfIssuanceCostsRelatedToRedeemedShares	400000
CY2013Q4	soho	Class Of Warrant Or Right Redeemed Under First Tranche ClassOfWarrantOrRightRedeemedUnderFirstTranche	900000	shares
CY2011Q4	soho	Debt Instrument Maturity Date Extended DebtInstrumentMaturityDateExtended	2013-05-31
CY2011Q4	soho	Loan Agreement Extension Period LoanAgreementExtensionPeriod	P17M
CY2014Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2118
CY2014Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	122793
CY2014	soho	Percentage Of Revenue PercentageOfRevenue	0.0150	pure
CY2013	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	13042020	shares
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	9594751
CY2013	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	-0.40
CY2013	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	10156955	shares
CY2013	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.34
CY2013	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	8703390
CY2013	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	428000
CY2013	us-gaap	Payments For Repurchase Of Warrants PaymentsForRepurchaseOfWarrants	7175000
CY2013	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	4482896
CY2013	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	22054209
CY2013	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	176440
CY2013	us-gaap	Profit Loss ProfitLoss	-4473592
CY2013	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-116976
CY2013	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2977496
CY2013	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	1823723
CY2013	us-gaap	Operating Income Loss OperatingIncomeLoss	10407479
CY2013	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	4906000
CY2013	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	1700000
CY2013	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	173990
CY2013	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1370189
CY2013	us-gaap	Income Taxes Paid IncomeTaxesPaid	143848
CY2013	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-3483969
CY2013	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-4089813
CY2013	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	30725959
CY2013	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	14413943
CY2013	us-gaap	Occupancy Revenue OccupancyRevenue	62837422
CY2013	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	129196
CY2013	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	18684907
CY2013	us-gaap	Revenues Revenues	89374527
CY2013	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2684581
CY2013	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	32900
CY2013	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	153636
CY2013	us-gaap	Net Income Loss NetIncomeLoss	-3483969
CY2013	us-gaap	Investment Income Interest InvestmentIncomeInterest	17914
CY2013	us-gaap	Interest Paid InterestPaid	10423150
CY2013	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-58368
CY2013	us-gaap	Income Tax Reconciliation Tax Exempt Income IncomeTaxReconciliationTaxExemptIncome	-2159323
CY2013	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	449500
CY2013	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2040662
CY2013	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	1798001
CY2013	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	121678207
CY2013	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1370189
CY2013	us-gaap	Interest Expense InterestExpense	9606479
CY2013	us-gaap	Operating Expenses OperatingExpenses	78967048
CY2013	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1518556
CY2013	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	291646
CY2013	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	6646627
CY2013	us-gaap	Increase Decrease In Customer Advances And Deposits IncreaseDecreaseInCustomerAdvancesAndDeposits	-33233
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2200912
CY2013	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1012349
CY2013	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1496096
CY2013	us-gaap	Occupancy Costs OccupancyCosts	17212549
CY2013	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	335000
CY2013	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	5604000
CY2013	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	68431
CY2013	us-gaap	Depreciation And Amortization DepreciationAndAmortization	8467228
CY2013	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	32900
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	22133750
CY2013	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	29367287
CY2013	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	57476
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-29527589
CY2013	us-gaap	Proceeds From Issuance Of Common Limited Partners Units ProceedsFromIssuanceOfCommonLimitedPartnersUnits	153636
CY2013	us-gaap	Real Estate Improvements RealEstateImprovements	3290000
CY2013	us-gaap	Advertising Expense AdvertisingExpense	181886
CY2013	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	125907
CY2013	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	349122
CY2013	us-gaap	Paid In Kind Interest PaidInKindInterest	186293
CY2013	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	65528237
CY2013	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4360583
CY2013	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-3396
CY2013	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-989623
CY2013	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	508868
CY2013	us-gaap	Share Based Compensation ShareBasedCompensation	323800
CY2013	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	1078543
CY2013	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	47094
CY2013	us-gaap	Dividends Common Stock DividendsCommonStock	2022742
CY2013	us-gaap	Food And Beverage Cost Of Sales FoodAndBeverageCostOfSales	14048924
CY2013	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	611000
CY2013	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	27600000
CY2013	soho	Increase Decrease In Capital Expenditures Incurred But Not Yet Paid IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid	195725
CY2013	soho	Increase In Fair Value Adjustments On Liabilities Assumed IncreaseInFairValueAdjustmentsOnLiabilitiesAssumed	248630
CY2013	soho	Compensation Expenses CompensationExpenses	94000
CY2013	soho	Funding Of Restricted Cash Reserves FundingOfRestrictedCashReserves	2195658
CY2013	soho	Equity Method Investment Summarized Financial Information Unrealized Gain Loss On Hedging Activities EquityMethodInvestmentSummarizedFinancialInformationUnrealizedGainLossOnHedgingActivities	359993
CY2013	soho	Business Acquisitions Pro Forma Operating Income BusinessAcquisitionsProFormaOperatingIncome	14794273
CY2013	soho	Amortization Expense Franchise License Fees AmortizationExpenseFranchiseLicenseFees	49658
CY2013	soho	Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	10156955	shares
CY2013	soho	Equity Method Investment Summarized Financial Information Food And Beverage Revenue EquityMethodInvestmentSummarizedFinancialInformationFoodAndBeverageRevenue	2506852
CY2013	soho	Equity Method Investment Summarized Financial Information Other Direct Costs EquityMethodInvestmentSummarizedFinancialInformationOtherDirectCosts	580150
CY2013	soho	Business Acquisitions Pro Forma Operating Expenses BusinessAcquisitionsProFormaOperatingExpenses	106883934
CY2013	soho	Proceeds Of Restricted Cash Reserves ProceedsOfRestrictedCashReserves	1653401
CY2013	soho	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	1754851
CY2013	soho	Equity Method Investment Summarized Financial Information Hotel Operating Expenses EquityMethodInvestmentSummarizedFinancialInformationHotelOperatingExpenses	12770163
CY2013	soho	Equity Method Investment Summarized Financial Information Food And Beverage Operating Expenses EquityMethodInvestmentSummarizedFinancialInformationFoodAndBeverageOperatingExpenses	1983090
CY2013	soho	Equity Method Investment Summarized Financial Information Operating Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses	15072168
CY2013	soho	Equity Method Investment Summarized Financial Information Other Hotel Operating Revenue EquityMethodInvestmentSummarizedFinancialInformationOtherHotelOperatingRevenue	1445446
CY2013	soho	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	2182667
CY2013	soho	Equity Method Investment Summarized Financial Information Occupancy Revenue EquityMethodInvestmentSummarizedFinancialInformationOccupancyRevenue	14732609
CY2013	soho	Equity Method Investment Summarized Financial Information Occupancy Costs EquityMethodInvestmentSummarizedFinancialInformationOccupancyCosts	3113347
CY2013	soho	Real Estate Acquisitions RealEstateAcquisitions	29559000
CY2013	soho	Equity Method Investment Summarized Financial Information Operating Income Loss EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss	3612739
CY2013	soho	Equity Method Investment Summarized Financial Information General And Administrative Expense EquityMethodInvestmentSummarizedFinancialInformationGeneralAndAdministrativeExpense	119338
CY2013	soho	Realized And Unrealized Income Loss On Warrant Derivative RealizedAndUnrealizedIncomeLossOnWarrantDerivative	-2205248
CY2013	soho	Indirect Hotels Operating Costs IndirectHotelsOperatingCosts	33757896
CY2013	soho	Equity Method Investment Summarized Financial Information Indirect Hotels Operating Costs EquityMethodInvestmentSummarizedFinancialInformationIndirectHotelsOperatingCosts	7093576
CY2013	soho	Equity Method Investment Summarized Financial Information Loss On Extinguishment Of Debt EquityMethodInvestmentSummarizedFinancialInformationLossOnExtinguishmentOfDebt	419880
CY2014	us-gaap	Common Stock Voting Rights CommonStockVotingRights	Each outstanding share of common stock entitles the holder to one vote on all matters submitted to a vote of stockholders.
CY2014	dei	Document Type DocumentType	10-K
CY2014	dei	Entity Registrant Name EntityRegistrantName	Sotherly Hotels Inc.
CY2014	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014	dei	Trading Symbol TradingSymbol	SOHO
CY2014	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	13107413	shares
CY2014	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2014	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2004-08-20
CY2014	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	14851255
CY2014	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	6	Hotel
CY2014	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	-0.29
CY2014	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> <i>Use of Estimates –</i> The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> </div>
CY2014	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	10377125	shares
CY2014	dei	Document Period End Date DocumentPeriodEndDate	2014-12-31
CY2014	dei	Amendment Flag AmendmentFlag	false
CY2014	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014	dei	Entity Central Index Key EntityCentralIndexKey	0001301236
CY2014	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.06
CY2014	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2014	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> <i>Concentration of Credit Risk –</i> We hold cash accounts at several institutions in excess of the Federal Deposit Insurance Corporation (the “FDIC”) protection limits of $250,000. Our exposure to credit loss in the event of the failure of these institutions is represented by the difference between the FDIC protection limit and the total amounts on deposit. Management monitors, on a regular basis, the financial condition of the financial institutions along with the balances there on deposit to minimize our potential risk.</p> </div>
CY2014	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	Segment
CY2014	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <em>Reclassifications and Immaterial Restatements</em>– Certain revisions have been made to the prior period balances to correct immaterial errors. These immaterial corrections include adjustments to unreimbursed diesel spill clean-up costs impacting accounts receivable, accruals of prior period bonuses and franchise fees, and classification of impairment charges (from other expenses to operating expenses) among others. The immaterial restatements have been made in the following accounts, as of December 31, 2013 and for the years ended December 31, 2013 and 2012</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="84%" align="center" border="0"> <tr> <td width="50%"></td> <td valign="bottom" width="9%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>2013</i></b><br /> <b><i>As Previously<br /> Reported</i></b></td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>Immaterial<br /> Restatement &</i></b><br /> <b><i>Reclassifications<br /> Inc/(Dec)</i></b></td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>2013 Restated</i></b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <b><i>Accounts affected by the immaterial restatement and reclassifications on consolidated balance sheets:</i></b></p> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Investment in joint venture</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i>$</i></td> <td valign="bottom" align="right"><i>2,446,039</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i>$</i></td> <td valign="bottom" align="right"><i>(21,302</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom">  </td> <td valign="bottom"><i>$</i></td> <td valign="bottom" align="right"><i>2,424,737</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Accounts receivable, net</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>1,982,091</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(170,065</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>1,812,026</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Accounts receivable – affiliate and joint venture</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>101,439</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>108,508</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>209,947</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Prepaid expenses, inventory and other assets</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>2,444,975</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(183,672</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>2,261,303</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Deferred income taxes</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>1,186,122</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>395,510</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>1,581,632</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Total assets</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>228,040,102</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>128,979</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>228,169,081</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Account payable and accrued liabilities</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>7,650,219</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>445,563</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>8,095,782</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Total liabilities</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>196,868,723</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>445,563</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>197,314,286</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Distributions in excess of retained earnings</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(32,210,917</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(239,856</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(32,450,773</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Noncontrolling interest</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>5,746,114</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(76,728</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>5,669,386</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Total equity</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>31,171,379</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(316,584</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>30,854,795</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Total liabilities and equity</i></p> </td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>228,040,102</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>128,979</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom">  </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>228,169,081</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <table style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr> <td width="46%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: 'Times New Roman'"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>2013</i></b><br /> <b><i>As Previously<br /> Reported</i></b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>Immaterial<br /> Restatement</i></b><br /> <b><i>Inc/(Dec)</i></b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>2013 Restated</i></b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>2012</i></b><br /> <b><i>As Previously<br /> Reported</i></b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>Immaterial<br /> Restatement</i></b><br /> <b><i>Inc/(Dec)</i></b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1pt solid" valign="bottom" colspan="2" align="center"><b><i>2012<br /> Restated</i></b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <b><i>Accounts affected by the immaterial restatement on consolidated statements of operations:</i></b></p> </td> <td valign="bottom"> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"> </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Total hotel operating expenses</i></p> </td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>65,468,944</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>59,293</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>65,528,237</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>64,297,743</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>142,832</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>64,440,575</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Equity income of joint venture</i></p> </td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>453,700</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(4,200</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>449,500</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>172,172</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>5,966</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>178,138</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Income tax provision</i></p> </td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(1,521,182</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>25,086</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(1,496,096</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(1,301,229</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>54,832</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(1,246,397</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Net loss</i></p> </td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(4,435,185</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(38,407</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(4,473,592</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(5,327,711</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(82,034</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(5,409,745</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Net loss attributable to the noncontrolling interest</i></p> </td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>981,126</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>8,497</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>989,623</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>1,223,036</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>18,832</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>1,241,868</i></td> <td valign="bottom" nowrap="nowrap"><i>  </i></td> </tr> <tr style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 9pt; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <i>Net loss attributable to the Company</i></p> </td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(3,454,059</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(29,910</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(3,483,969</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(4,104,675</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(63,202</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> <td valign="bottom"> </td> <td valign="bottom"><i> </i></td> <td valign="bottom" align="right"><i>(4,167,877</i></td> <td valign="bottom" nowrap="nowrap"><i>) </i></td> </tr> </table> </div>
CY2014	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-369685
CY2014	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	124911
CY2014	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	78285
CY2014	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	24171892
CY2014	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	177000
CY2014	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	6876046
CY2014	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	31444984
CY2014	us-gaap	Profit Loss ProfitLoss	-738509
CY2014	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1677032
CY2014	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2466232
CY2014	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	2686567
CY2014	us-gaap	Operating Income Loss OperatingIncomeLoss	12505331
CY2014	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	9801018
CY2014	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	1700000
CY2014	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	92439
CY2014	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	1961663
CY2014	us-gaap	Income Taxes Paid IncomeTaxesPaid	263621
CY2014	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-584671
CY2014	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-2959101
CY2014	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	61106085
CY2014	us-gaap	Occupancy Revenue OccupancyRevenue	84618889
CY2014	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-12273
CY2014	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	19740459
CY2014	us-gaap	Revenues Revenues	122939919
CY2014	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2637637
CY2014	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	25621
CY2014	us-gaap	Net Income Loss NetIncomeLoss	-584671
CY2014	us-gaap	Investment Income Interest InvestmentIncomeInterest	19865
CY2014	us-gaap	Interest Paid InterestPaid	13766824
CY2014	us-gaap	Income Tax Reconciliation Tax Exempt Income IncomeTaxReconciliationTaxExemptIncome	898576
CY2014	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	307370
CY2014	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-831079
CY2014	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	1229479
CY2014	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	127710583
CY2014	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1961663
CY2014	us-gaap	Interest Expense InterestExpense	14636870
CY2014	soho	Increase Decrease In Capital Expenditures Incurred But Not Yet Paid IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid	1108182
CY2014	soho	Increase In Fair Value Adjustments On Liabilities Assumed IncreaseInFairValueAdjustmentsOnLiabilitiesAssumed	375487
CY2014	soho	Compensation Expenses CompensationExpenses	204000
CY2014	soho	Funding Of Restricted Cash Reserves FundingOfRestrictedCashReserves	3692045
CY2014	soho	Business Acquisitions Pro Forma Operating Income BusinessAcquisitionsProFormaOperatingIncome	10423901
CY2014	us-gaap	Operating Expenses OperatingExpenses	110434588
CY2014	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1428674
CY2014	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-243312
CY2014	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	750000
CY2014	us-gaap	Increase Decrease In Customer Advances And Deposits IncreaseDecreaseInCustomerAdvancesAndDeposits	89099
CY2014	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	7257871
CY2014	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-838519
CY2014	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1727723
CY2014	us-gaap	Occupancy Costs OccupancyCosts	22913479
CY2014	us-gaap	Depreciation And Amortization DepreciationAndAmortization	11969284
CY2014	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	25621
CY2014	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	63503194
CY2014	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	48600000
CY2014	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	124911
CY2014	us-gaap	Proceeds From Loans ProceedsFromLoans	19000000
CY2014	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	233940
CY2014	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-71096578
CY2014	us-gaap	Real Estate Improvements RealEstateImprovements	6430000
CY2014	us-gaap	Advertising Expense AdvertisingExpense	198991
CY2014	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	233940
CY2014	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	9372
CY2014	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	90204355
CY2014	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5085949
CY2014	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2338688
CY2014	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-153838
CY2014	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	1192183
CY2014	us-gaap	Share Based Compensation ShareBasedCompensation	245565
CY2014	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-1718351
CY2014	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	40586
CY2014	us-gaap	Dividends Common Stock DividendsCommonStock	2951284
CY2014	us-gaap	Food And Beverage Cost Of Sales FoodAndBeverageCostOfSales	21026202
CY2014	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3175000
CY2014	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	25300000
CY2014	soho	Franchise Agreement Term FranchiseAgreementTerm	P10Y
CY2014	soho	Amortization Expense Franchise License Fees AmortizationExpenseFranchiseLicenseFees	50908
CY2014	soho	Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	10377125	shares
CY2014	soho	Equity Method Investment Summarized Financial Information Food And Beverage Revenue EquityMethodInvestmentSummarizedFinancialInformationFoodAndBeverageRevenue	2968395
CY2014	soho	Equity Method Investment Summarized Financial Information Other Direct Costs EquityMethodInvestmentSummarizedFinancialInformationOtherDirectCosts	655818
CY2014	soho	Stock Issued During Period Value Share Based Compensation Unrestricted Awards StockIssuedDuringPeriodValueShareBasedCompensationUnrestrictedAwards	147360
CY2014	soho	Business Acquisitions Pro Forma Operating Expenses BusinessAcquisitionsProFormaOperatingExpenses	117286682
CY2014	soho	Monthly Contribution Of Room Revenues MonthlyContributionOfRoomRevenues	0.030	pure
CY2014	soho	Proceeds Of Restricted Cash Reserves ProceedsOfRestrictedCashReserves	2583419
CY2014	soho	Date Of Commencement Of Business DateOfCommencementOfBusiness	2004-12-21
CY2014	soho	Percentage Of Next Specified Percentage Of Employee Contribution PercentageOfNextSpecifiedPercentageOfEmployeeContribution	0.020	pure
CY2014	soho	Percentage Of Matching Contribution For First Specified Percentage Of Employee Contribution PercentageOfMatchingContributionForFirstSpecifiedPercentageOfEmployeeContribution	1.000	pure
CY2014	soho	Percentage Of Matching Contribution For Next Specified Percentage Of Employee Contribution PercentageOfMatchingContributionForNextSpecifiedPercentageOfEmployeeContribution	0.500	pure
CY2014	soho	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	2612032
CY2014	soho	Hotel Rebrand Period HotelRebrandPeriod	2014-11
CY2014	soho	Equity Method Investment Summarized Financial Information Hotel Operating Expenses EquityMethodInvestmentSummarizedFinancialInformationHotelOperatingExpenses	13633864
CY2014	soho	Stock Issued During Period Shares Restricted Stock And Deferred Stock Award StockIssuedDuringPeriodSharesRestrictedStockAndDeferredStockAward	72850	shares
CY2014	soho	Equity Method Investment Summarized Financial Information Food And Beverage Operating Expenses EquityMethodInvestmentSummarizedFinancialInformationFoodAndBeverageOperatingExpenses	2270918
CY2014	soho	Equity Method Investment Summarized Financial Information Operating Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses	15898948
CY2014	soho	Loss Carryforwards Expiration Dates LossCarryforwardsExpirationDates	2028
CY2014	soho	Real Estate Accumulated Depreciation Impairment RealEstateAccumulatedDepreciationImpairment	53233000
CY2014	soho	Gain Loss Due To Involuntary Conversion Of Asset GainLossDueToInvoluntaryConversionOfAsset	169151
CY2014	soho	Equity Method Investment Summarized Financial Information Other Hotel Operating Revenue EquityMethodInvestmentSummarizedFinancialInformationOtherHotelOperatingRevenue	1385469
CY2014	soho	Adjustments To Additional Paid In Capital Amortization Of Restricted Stock AdjustmentsToAdditionalPaidInCapitalAmortizationOfRestrictedStock	19920
CY2014	soho	Percentage Of First Specified Percentage Of Employee Contribution PercentageOfFirstSpecifiedPercentageOfEmployeeContribution	0.030	pure
CY2014	soho	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	2116211
CY2014	soho	Real Estate Acquisitions RealEstateAcquisitions	55514000
CY2014	soho	Equity Method Investment Summarized Financial Information Operating Income Loss EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss	3841511
CY2014	soho	Start Up Expenses Amortization Period StartUpExpensesAmortizationPeriod	P15Y
CY2014	soho	Equity Method Investment Summarized Financial Information General And Administrative Expense EquityMethodInvestmentSummarizedFinancialInformationGeneralAndAdministrativeExpense	148873
CY2014	soho	Equity Method Investment Summarized Financial Information Occupancy Revenue EquityMethodInvestmentSummarizedFinancialInformationOccupancyRevenue	15386595
CY2014	soho	Equity Method Investment Summarized Financial Information Occupancy Costs EquityMethodInvestmentSummarizedFinancialInformationOccupancyCosts	3270930
CY2014	soho	Indirect Hotels Operating Costs IndirectHotelsOperatingCosts	45072491
CY2014	soho	Equity Method Investment Summarized Financial Information Indirect Hotels Operating Costs EquityMethodInvestmentSummarizedFinancialInformationIndirectHotelsOperatingCosts	7436198
CY2014	soho	Proceeds From Involuntary Conversion Of Asset ProceedsFromInvoluntaryConversionOfAsset	169151
CY2012	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	12973953	shares
CY2012	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	9011957
CY2012	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	9995638	shares
CY2012	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.42
CY2012	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	110400
CY2012	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	22033393
CY2012	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	127000
CY2012	us-gaap	Other Hotel Operating Revenue OtherHotelOperatingRevenue	4557876
CY2012	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	21961328
CY2012	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	25537290
CY2012	us-gaap	Profit Loss ProfitLoss	-5409745
CY2012	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-205878
CY2012	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4163348
CY2012	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	1167216
CY2012	us-gaap	Operating Income Loss OperatingIncomeLoss	10162050
CY2012	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	2908114
CY2012	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	1600000
CY2012	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	-377908
CY2012	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1241848
CY2012	us-gaap	Income Taxes Paid IncomeTaxesPaid	117447
CY2012	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-4167877
CY2012	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	11513602
CY2012	us-gaap	Occupancy Revenue OccupancyRevenue	60824016
CY2012	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-16222
CY2012	us-gaap	Revenues Revenues	87343220
CY2012	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1102398
CY2012	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	36180
CY2012	us-gaap	Net Income Loss NetIncomeLoss	-4167877
CY2012	us-gaap	Investment Income Interest InvestmentIncomeInterest	16158
CY2012	us-gaap	Interest Paid InterestPaid	10412434
CY2012	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-212822
CY2012	us-gaap	Income Tax Reconciliation Tax Exempt Income IncomeTaxReconciliationTaxExemptIncome	-2391639
CY2012	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	178138
CY2012	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1415538
CY2012	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1246397
CY2012	us-gaap	Occupancy Costs OccupancyCosts	16638574
CY2012	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	127000
CY2012	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1982184
CY2012	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1274403
CY2012	us-gaap	Interest Expense InterestExpense	10399962
CY2012	us-gaap	Operating Expenses OperatingExpenses	77181170
CY2012	us-gaap	Proceeds From Sales Of Assets Investing Activities ProceedsFromSalesOfAssetsInvestingActivities	19404
CY2012	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1971796
CY2012	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	267835
CY2012	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	500000
CY2012	us-gaap	Increase Decrease In Customer Advances And Deposits IncreaseDecreaseInCustomerAdvancesAndDeposits	172745
CY2012	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2765757
CY2012	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	5500000
CY2012	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-30467
CY2012	us-gaap	Depreciation And Amortization DepreciationAndAmortization	8661769
CY2012	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	36180
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-3090079
CY2012	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	58300000
CY2012	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	2461
CY2012	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-3156121
CY2012	us-gaap	Real Estate Improvements RealEstateImprovements	1807000
CY2012	us-gaap	Advertising Expense AdvertisingExpense	186963
CY2012	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-28006
CY2012	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	270296
CY2012	us-gaap	Paid In Kind Interest PaidInKindInterest	387554
CY2012	us-gaap	Direct Costs Of Hotels DirectCostsOfHotels	64440575
CY2012	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4078826
CY2012	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-896650
CY2012	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1241868
CY2012	us-gaap	Other Direct Costs Of Hotels OtherDirectCostsOfHotels	480307
CY2012	us-gaap	Share Based Compensation ShareBasedCompensation	110400
CY2012	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	1006568
CY2012	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	54865
CY2012	us-gaap	Dividends Common Stock DividendsCommonStock	1297622
CY2012	us-gaap	Food And Beverage Cost Of Sales FoodAndBeverageCostOfSales	14287874
CY2012	soho	Increase Decrease In Capital Expenditures Incurred But Not Yet Paid IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid	210737
CY2012	soho	Funding Of Restricted Cash Reserves FundingOfRestrictedCashReserves	1983383
CY2012	soho	Amortization Expense Franchise License Fees AmortizationExpenseFranchiseLicenseFees	43500
CY2012	soho	Proceeds Of Restricted Cash Reserves ProceedsOfRestrictedCashReserves	1215972
CY2012	soho	Impairment Of Note Receivable ImpairmentOfNoteReceivable	110871
CY2012	soho	Realized And Unrealized Income Loss On Warrant Derivative RealizedAndUnrealizedIncomeLossOnWarrantDerivative	-2026677
CY2012	soho	Indirect Hotels Operating Costs IndirectHotelsOperatingCosts	33033820
	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	101000
	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	7602000
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3175000
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.26
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.26
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1883256
CY2013Q1	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-2594916
CY2013Q1	us-gaap	Revenues Revenues	20189812
CY2013Q1	us-gaap	Operating Expenses OperatingExpenses	18306556
CY2014Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.08
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2760995
CY2014Q1	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	783002
CY2014Q1	us-gaap	Revenues Revenues	25010389
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	22249394
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	4965626
CY2013Q2	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	1310592
CY2013Q2	us-gaap	Revenues Revenues	25250643
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	20285017
CY2014Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.21
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	7219081
CY2014Q2	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	2166689
CY2014Q2	us-gaap	Revenues Revenues	36339701
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	29120620
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.16
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.16
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	2335090
CY2013Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-1649722
CY2013Q3	us-gaap	Revenues Revenues	21458637
CY2013Q3	us-gaap	Operating Expenses OperatingExpenses	19123547
CY2014Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	3141612
CY2014Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-214902
CY2014Q3	us-gaap	Revenues Revenues	31764453
CY2014Q3	us-gaap	Operating Expenses OperatingExpenses	28622841
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
CY2013Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	1223507
CY2013Q4	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-549923
CY2013Q4	us-gaap	Revenues Revenues	22475435
CY2013Q4	us-gaap	Operating Expenses OperatingExpenses	21251928
CY2014Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.32
CY2014Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-616353
CY2014Q4	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-3319460
CY2014Q4	us-gaap	Revenues Revenues	29825377
CY2014Q4	us-gaap	Operating Expenses OperatingExpenses	30441730

Files In Submission

Name	View Source	Status
0001193125-15-129493-index-headers.html	Edgar Link	pending
0001193125-15-129493-index.html	Edgar Link	pending
0001193125-15-129493.txt	Edgar Link	pending
0001193125-15-129493-xbrl.zip	Edgar Link	pending
d844945d10k.htm	Edgar Link	pending
d844945dex211.htm	Edgar Link	pending
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d844945dex323.htm	Edgar Link	pending
d844945dex324.htm	Edgar Link	pending
d844945dex410.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
soho-20141231.xml	Edgar Link	completed
soho-20141231.xsd	Edgar Link	pending
soho-20141231_cal.xml	Edgar Link	unprocessable
soho-20141231_def.xml	Edgar Link	unprocessable
soho-20141231_lab.xml	Edgar Link	unprocessable
soho-20141231_pre.xml	Edgar Link	unprocessable

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$SOHO
Sotherly Hotels Inc. Stock $soho

2014 Form 10-K Financial Statement

#000119312515129493 Filed on April 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SOHO Sotherly Hotels Inc. Stock $soho

2014 Form 10-K Financial Statement

#000119312515129493 Filed on April 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SOHO
Sotherly Hotels Inc. Stock $soho