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Quarterly Operating Results (unaudited)
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Operating Results (unaudited)
Quarterly Operating Results (unaudited)

Our unaudited consolidated quarterly operating data for the years ended December 31, 2012 and 2011 follows (in thousands, except per share/unit data). In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of quarterly results have been reflected in the data. The quarterly results reflect properties no longer owned as discontinued operations for all periods presented. It is also management’s opinion, however, that quarterly operating data for hotel enterprises are not indicative of results to be achieved in succeeding quarters or years. In order to obtain a more accurate indication of performance, there should be a review of operating results, changes in stockholders’ equity (or partners’ capital) and cash flows for a period of several years.
FelCor
2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenues
 
$
207,965

 
$
244,823

 
$
234,563

 
$
222,174

Loss from continuing operations
 
$
(33,053
)
 
$
(5,008
)
 
$
(28,715
)
 
$
(121,566
)
Discontinued operations
 
$
4,192

 
$
17,036

 
$
9,160

 
$
28,540

Net income (loss) attributable to FelCor
 
$
(28,463
)
 
$
11,869

 
$
(19,025
)
 
$
(92,388
)
Net income (loss) attributable to FelCor common stockholders
 
$
(38,141
)
 
$
2,191

 
$
(28,703
)
 
$
(102,067
)
Comprehensive income (loss) attributable to FelCor
 
$
(28,157
)
 
$
11,554

 
$
(18,526
)
 
$
(92,577
)
Basic and diluted per common share data:
 
 
 
 
 
 
 
 
Net loss from continuing operations
 
$
(0.34
)
 
$
(0.12
)
 
$
(0.31
)
 
$
(1.06
)
Discontinued operations
 
$
0.03

 
$
0.14

 
$
0.07

 
$
0.23

Net income (loss)
 
$
(0.31
)
 
$
0.02

 
$
(0.23
)
 
$
(0.83
)
Basic weighted average common shares outstanding
 
123,665

 
123,638

 
123,640

 
123,635

Diluted weighted average common shares outstanding
 
123,665

 
123,638

 
123,640

 
123,635


2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenues
 
$
194,719

 
$
228,489

 
$
221,214

 
$
210,729

Loss from continuing operations
 
$
(35,102
)
 
$
(45,482
)
 
$
(21,822
)
 
$
(31,116
)
Discontinued operations
 
$
3,376

 
$
3,085

 
$
(1,554
)
 
$
(2,280
)
Net loss attributable to FelCor
 
$
(31,664
)
 
$
(42,265
)
 
$
(22,832
)
 
$
(33,093
)
Net loss attributable to FelCor common stockholders
 
$
(41,342
)
 
$
(51,943
)
 
$
(32,510
)
 
$
(42,772
)
Comprehensive loss attributable to FelCor
 
$
(30,376
)
 
$
(42,079
)
 
$
(26,349
)
 
$
(31,769
)
Basic and diluted per common share data:
 

 

 

 

Net loss from continuing operations
 
$
(0.47
)
 
$
(0.45
)
 
$
(0.25
)
 
$
(0.33
)
Discontinued operations
 
$
0.04

 
$
0.02

 
$
(0.01
)
 
$
(0.02
)
Net loss
 
$
(0.43
)
 
$
(0.42
)
 
$
(0.26
)
 
$
(0.35
)
Basic weighted average common shares outstanding
 
95,350

 
122,992

 
123,062

 
123,906

Diluted weighted average common shares outstanding
 
95,350

 
122,992

 
123,062

 
123,906



24.    Quarterly Operating Results (unaudited) – (continued)

FelCor LP
2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenues
 
$
207,965

 
$
244,823

 
$
234,563

 
$
222,174

Loss from continuing operations
 
$
(33,053
)
 
$
(5,008
)
 
$
(28,715
)
 
$
(121,566
)
Discontinued operations
 
$
4,192

 
$
17,036

 
$
9,160

 
$
28,540

Net income (loss) attributable to FelCor LP
 
$
(28,659
)
 
$
11,880

 
$
(19,169
)
 
$
(92,901
)
Net income (loss) attributable to FelCor LP common unitholders
 
$
(38,337
)
 
$
2,202

 
$
(28,847
)
 
$
(102,580
)
Comprehensive income (loss) attributable to FelCor LP
 
$
(28,351
)
 
$
11,563

 
$
(18,667
)
 
$
(93,091
)
Basic and diluted per common unit data:
 
 
 
 
 
 
 
 
Net loss from continuing operations
 
$
(0.34
)
 
$
(0.12
)
 
$
(0.31
)
 
$
(1.06
)
Discontinued operations
 
$
0.03

 
$
0.14

 
$
0.07

 
$
0.23

Net income (loss)
 
$
(0.31
)
 
$
0.02

 
$
(0.23
)
 
$
(0.83
)
Basic weighted average common units outstanding
 
124,301

 
124,266

 
124,266

 
124,257

Diluted weighted average common units outstanding
 
124,301

 
124,266

 
124,266

 
124,257


2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenues
 
$
194,719

 
$
228,489

 
$
221,214

 
$
210,729

Loss from continuing operations
 
$
(35,102
)
 
$
(45,482
)
 
$
(21,822
)
 
$
(31,116
)
Discontinued operations
 
$
3,376

 
$
3,085

 
$
(1,554
)
 
$
(2,280
)
Net loss attributable to FelCor LP
 
$
(31,784
)
 
$
(42,448
)
 
$
(22,998
)
 
$
(33,313
)
Net loss attributable to FelCor LP common unitholders
 
$
(41,462
)
 
$
(52,126
)
 
$
(32,676
)
 
$
(42,992
)
Comprehensive loss attributable to FelCor LP
 
$
(30,492
)
 
$
(42,262
)
 
$
(26,533
)
 
$
(31,982
)
Basic and diluted per common unit data:
 

 

 

 

Net loss from continuing operations
 
$
(0.47
)
 
$
(0.45
)
 
$
(0.25
)
 
$
(0.33
)
Discontinued operations
 
$
0.04

 
$
0.02

 
$
(0.01
)
 
$
(0.02
)
Net loss
 
$
(0.43
)
 
$
(0.42
)
 
$
(0.26
)
 
$
(0.35
)
Basic weighted average common units outstanding
 
95,635

 
123,425

 
123,700

 
124,542

Diluted weighted average common units outstanding
 
95,635

 
123,425

 
123,700

 
124,542