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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (97,499)$ (130,232)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Depreciation and amortization105,058111,420
Gain on sale of hotels, net(7,362)0
Gain on involuntary conversion, net(280)0
Amortization of deferred financing fees and debt discount13,39013,050
Amortization of unearned officers’ and directors’ compensation5,3434,901
Equity in loss from unconsolidated entities1,303886
Distributions of income from unconsolidated entities1,5341,869
Debt extinguishment24,316(54,096)
Impairment loss13,25086,909
Changes in assets and liabilities:  
Accounts receivable(6,998)(8,516)
Restricted cash – operations2,663239
Other assets(9,843)(6,321)
Accrued expenses and other liabilities(8,444)47,952
Net cash flow provided by operating activities36,43168,061
Cash flows from investing activities:  
Acquisition of hotels(137,985)(97,513)
Improvements and additions to hotels(57,470)(27,841)
Additions to condominium project(359)(216)
Proceeds from asset dispositions96,4350
Change in restricted cash – investing(116,258)(3,983)
Insurance proceeds391417
Distributions from unconsolidated entities1,3861,566
Contributions to unconsolidated entities0(25,172)
Net cash flow used in investing activities(213,860)(152,742)
Cash flows from financing activities:  
Proceeds from borrowings1,087,285212,149
Repayment of borrowings(1,112,414)(355,832)
Payment of deferred financing fees(18,797)(7,507)
Change in restricted cash – financing01,016
Acquisition of noncontrolling interest0(1,000)
Distributions paid to noncontrolling interests(868)(1,689)
Contributions from noncontrolling interests6,64620
Distributions paid to preferred stockholders(29,035)0
Net proceeds from common stock issuance158,476166,327
Proceeds from FelCor LP unit issuance2,5000
Net cash flow provided by financing activities93,79313,484
Effect of exchange rate changes on cash(153)144
Net change in cash and cash equivalents(83,789)(71,053)
Cash and cash equivalents at beginning of periods200,972263,531
Cash and cash equivalents at end of periods117,183192,478
Supplemental cash flow information – interest paid92,51878,603
Felcor Lodging LP [Member]
  
Cash flows from operating activities:  
Net loss(97,499)(130,232)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Depreciation and amortization105,058111,420
Gain on sale of hotels, net(7,362)0
Gain on involuntary conversion, net(280)0
Amortization of deferred financing fees and debt discount13,39013,050
Amortization of unearned officers’ and directors’ compensation5,3434,901
Equity in loss from unconsolidated entities1,303886
Distributions of income from unconsolidated entities1,5341,869
Debt extinguishment24,316(54,096)
Impairment loss13,25086,909
Changes in assets and liabilities:  
Accounts receivable(6,998)(8,516)
Restricted cash – operations2,663239
Other assets(9,843)(6,321)
Accrued expenses and other liabilities(8,444)47,952
Net cash flow provided by operating activities36,43168,061
Cash flows from investing activities:  
Acquisition of hotels(137,985)(97,513)
Improvements and additions to hotels(57,470)(27,841)
Additions to condominium project(359)(216)
Proceeds from asset dispositions96,4350
Change in restricted cash – investing(116,258)(3,983)
Insurance proceeds391417
Distributions from unconsolidated entities1,3861,566
Contributions to unconsolidated entities0(25,172)
Net cash flow used in investing activities(213,860)(152,742)
Cash flows from financing activities:  
Proceeds from borrowings1,087,285212,149
Repayment of borrowings(1,112,414)(355,832)
Payment of deferred financing fees(18,797)(7,507)
Change in restricted cash – financing01,016
Acquisition of noncontrolling interest0(1,000)
Distributions paid to noncontrolling interests(868)(1,689)
Contributions from noncontrolling interests6,64620
Distributions paid to preferred unitholders(29,035)0
Net proceeds from common unit issuance158,476166,327
Proceeds from FelCor LP unit issuance2,5000
Net cash flow provided by financing activities93,79313,484
Effect of exchange rate changes on cash(153)144
Net change in cash and cash equivalents(83,789)(71,053)
Cash and cash equivalents at beginning of periods200,972263,531
Cash and cash equivalents at end of periods117,183192,478
Supplemental cash flow information – interest paid$ 92,518$ 78,603