FelCor Common Stock Offering

9 Months Ended

Sep. 30, 2011

Common Stock Offering [Abstract]

issuance of common stock [Text Block]

FelCor Common Stock Offering

In April 2011, FelCor sold 27.6 million shares of its common stock at $6.00 per share in a public offering. The net proceeds from the offering were $158 million and were contributed to FelCor LP in exchange for a like number of common units. Net proceeds from this offering (after underwriting discounts and commissions) were used to redeem $144 million of our 10% senior notes.