Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2012

Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate and Accumulated Depreciation

FELCOR LODGING TRUST INCORPORATED and FELCOR LODGING LIMITED PARTNERSHIP

Schedule III – Real Estate and Accumulated Depreciation

as of December 31, 2012

(in thousands)

			Initial Cost				Cost Capitalized Subsequent to Acquisition					Gross Amounts at Which Carried at Close of Period						Accumulated Depreciation Buildings & Improvements				Life Upon Which Depreciation is Computed
Location	Encumbrances		Land		Building and Improvements		Land			Building and Improvements		Land		Building and Improvements		Total				Year Opened	Date Acquired
Birmingham, AL (a)	$	24,268	$	2,843	$	29,286	$	—		$	4,449	$	2,843	$	33,735	$	36,578	$	13,587	1987	1/3/1996	15 - 40 Yrs
Phoenix - Biltmore, AZ (a)	17,824		4,694		38,998		—			4,136		4,694		43,134		47,828		17,638		1985	1/3/1996	15 - 40 Yrs
Dana Point – Doheny Beach, CA (c)	5,958		1,787		15,545		—			4,611		1,787		20,156		21,943		7,469		1992	2/21/1997	15 - 40 Yrs
Indian Wells – Esmeralda Resort & Spa, CA (d)	(l)		30,948		73,507		—			5,003		30,948		78,510		109,458		9,594		1989	12/16/2007	15 - 40 Yrs
Los Angeles – International Airport – South, CA (a)	(l)		2,660		17,997		—			3,174		2,660		21,171		23,831		8,914		1985	3/27/1996	15 - 40 Yrs
Milpitas – Silicon Valley, CA (a)	(m)		4,021		23,677		—			4,132		4,021		27,809		31,830		11,311		1987	1/3/1996	15 - 40 Yrs
Napa Valley, CA (a)	28,404		2,218		14,205		—			5,788		2,218		19,993		22,211		7,040		1985	5/8/1996	15 - 40 Yrs
Oxnard - Mandalay Beach – Hotel & Resort, CA (a)	9,649		2,930		22,125		—			10,515		2,930		32,640		35,570		11,895		1986	5/8/1996	15 - 40 Yrs
San Diego – On the Bay, CA (e)	(k)		—		68,229		—			11,532		—		79,761		79,761		35,269		1965	7/28/1998	15 - 40 Yrs
San Francisco – Airport/Waterfront, CA (a)	(k)		—		39,929		—			3,749		—		43,678		43,678		17,792		1986	11/6/1995	15 - 40 Yrs
San Francisco – Airport/South San Francisco, CA (a)	(m)		3,418		31,737		—			4,385		3,418		36,122		39,540		14,768		1988	1/3/1996	15 - 40 Yrs
San Francisco - Fisherman’s Wharf, CA (e)	(k)		—		61,883		—			17,071		—		78,954		78,954		38,399		1970	7/28/1998	15 - 40 Yrs
San Francisco –Union Square, CA (f)	(k)		8,466		73,684		(434		)	52,859		8,032		126,543		134,575		36,944		1970	7/28/1998	15 - 40 Yrs
Santa Barbara – Goleta, CA (e)	—		1,683		14,647		4			1,579		1,687		16,226		17,913		5,819		1969	7/28/1998	15 - 40 Yrs
Santa Monica Beach – at the Pier, CA (e)	9,442		10,200		16,580		—			899		10,200		17,479		27,679		3,734		1967	3/11/2004	15 - 40 Yrs
Toronto - Airport, Canada (e)	(k)		—		21,041		—			17,676		—		38,717		38,717		14,439		1970	7/28/1998	15 - 40 Yrs
Wilmington, DE (c)	—		1,379		12,487		—			11,297		1,379		23,784		25,163		8,853		1972	3/20/1998	15 - 40 Yrs
Deerfield Beach – Resort & Spa, FL (a)	32,176		4,523		29,443		68			6,489		4,591		35,932		40,523		14,370		1987	1/3/1996	15 - 40 Yrs
Ft. Lauderdale – 17th Street, FL (a)	36,377		5,329		47,850		(163		)	6,757		5,166		54,607		59,773		22,228		1986	1/3/1996	15 - 40 Yrs

FELCOR LODGING TRUST INCORPORATED and FELCOR LODGING LIMITED PARTNERSHIP

Schedule III – Real Estate and Accumulated Depreciation – (continued)

as of December 31, 2012

(in thousands)

			Initial Cost				Cost Capitalized Subsequent to Acquisition					Gross Amounts at Which Carried at Close of Period						Accumulated Depreciation Buildings & Improvements				Life Upon Which Depreciation is Computed
Location	Encumbrances		Land		Building and Improvements		Land			Building and Improvements		Land		Building and Improvements		Total				Year Opened	Date Acquired
Jacksonville – Baymeadows, FL (a)	$	—	$	1,130	$	9,608	$	—		$	8,505	$	1,130	$	18,113	$	19,243	$	7,501	1986	7/28/1994	15 - 40 Yrs
Miami – International Airport, FL (a)	8,030		4,135		24,950		—			6,324		4,135		31,274		35,409		12,443		1983	1/3/1996	15 - 40 Yrs
Orlando – International Airport, FL (e)	8,205		2,549		22,188		6			3,631		2,555		25,819		28,374		8,967		1984	7/28/1998	15 - 40 Yrs
Orlando – International Drive South/Convention, FL (a)	(m)		1,632		13,870		—			3,239		1,632		17,109		18,741		7,778		1985	7/28/1994	15 - 40 Yrs
Orlando – Walt Disney World Resort, FL (c)	(k)		—		28,092		—			2,162		—		30,254		30,254		15,157		1987	7/28/1997	15 - 40 Yrs
St. Petersburg – Vinoy Resort & Golf Club, FL (d)	(l)		—		100,823		—			5,552		—		106,375		106,375		14,568		1925	12/16/2007	15 - 40 Yrs
Atlanta – Airport, GA (a)	11,306		2,568		22,342		—			3,807		2,568		26,149		28,717		8,885		1989	5/4/1998	15 - 40 Yrs
Atlanta – Buckhead, GA (a)	(m)		7,303		38,996		(300		)	2,922		7,003		41,918		48,921		16,755		1988	10/17/1996	15 - 40 Yrs
Atlanta – Galleria, GA (b)	—		5,052		28,507		—			2,518		5,052		31,025		36,077		11,269		1990	6/30/1997	15 - 40 Yrs
Atlanta – Gateway-Atlanta Airport, GA (b)	(k)		5,113		22,857		—			1,907		5,113		24,764		29,877		9,403		1986	6/30/1997	15 - 40 Yrs
Indianapolis – North, IN (a)	10,405		5,125		13,821		—			6,708		5,125		20,529		25,654		11,164		1986	8/1/1996	15 - 40 Yrs
Baton Rouge, LA (a)	(m)		2,350		19,092		1			3,109		2,351		22,201		24,552		8,904		1985	1/3/1996	15 - 40 Yrs
New Orleans – French Quarter, LA (e)	(k)		—		50,732		—			9,393		—		60,125		60,125		21,375		1969	7/28/1998	15 - 40 Yrs
Boston – at Beacon Hill, MA (e)	(k)		—		45,192		—			9,482		—		54,674		54,674		26,964		1968	7/28/1998	15 - 40 Yrs
Boston – Copley Plaza, MA (i)	(l)		27,600		62,500		—			13,318		27,600		75,818		103,418		4,025		1912	8/18/2010	15 - 40 Yrs
Boston – Marlborough, MA (a)	(m)		948		8,143		761			15,318		1,709		23,461		25,170		9,024		1988	6/30/1995	15 - 40 Yrs
Baltimore – at BWI Airport, MD (a)	20,043		2,568		22,433		(2		)	4,093		2,566		26,526		29,092		10,278		1987	3/20/1997	15 - 40 Yrs
Bloomington, MN (a)	—		2,038		17,731		—			3,249		2,038		20,980		23,018		8,094		1980	2/1/1997	15 - 40 Yrs
Minneapolis – Airport, MN (a)	39,018		5,417		36,508		24			2,364		5,441		38,872		44,313		16,281		1986	11/6/1995	15 - 40 Yrs
Charlotte – SouthPark, NC (c)	3,539		1,458		12,681		—			3,478		1,458		16,159		17,617		4,643		N/A	7/12/2002	15 - 40 Yrs

FELCOR LODGING TRUST INCORPORATED and FELCOR LODGING LIMITED PARTNERSHIP

Schedule III – Real Estate and Accumulated Depreciation – (continued)

as of December 31, 2012

(in thousands)

			Initial Cost				Cost Capitalized Subsequent to Acquisition					Gross Amounts at Which Carried at Close of Period						Accumulated Depreciation Buildings & Improvements				Life Upon Which Depreciation is Computed
Location	Encumbrances		Land		Building and Improvements		Land			Building and Improvements		Land		Building and Improvements		Total				Year Opened	Date Acquired
New York - Morgans (j)	(l)		$	16,200	$	29,872	$	—		$	529	$	16,200	$	30,401	$	46,601	$	1,198	1984	5/23/2011	15 - 40 Yrs
New York - Royalton (j)	(l)		32,500		48,423		—			1,390		32,500		49,813		82,313		1,962		1988	5/23/2011	15 - 40 Yrs
Philadelphia – Historic District, PA (e)	7,437		3,164		27,535		7			10,421		3,171		37,956		41,127		14,887		1972	7/28/1998	15 - 40 Yrs
Philadelphia – Society Hill, PA (b)	(m)		4,542		45,121		—			9,456		4,542		54,577		59,119		19,777		1986	10/1/1997	15 - 40 Yrs
Pittsburgh – at University Center (Oakland), PA (e)	6,502		—		25,031		—			3,456		—		28,487		28,487		10,645		1988	11/1/1998	15 - 40 Yrs
Charleston – Mills House, SC (e)	—		3,251		28,295		7			5,514		3,258		33,809		37,067		11,514		1982	7/28/1998	15 - 40 Yrs
Myrtle Beach – Oceanfront Resort, SC (a)	(k)		2,940		24,988		—			13,307		2,940		38,295		41,235		11,945		1987	12/5/1996	15 - 40 Yrs
Myrtle Beach Resort (g)	(m)		9,000		19,844		6			30,322		9,006		50,166		59,172		12,766		1974	7/23/2002	15 - 40 Yrs
Nashville – Opryland – Airport (Briley Parkway), TN (e)	(k)		—		27,734		—			3,438		—		31,172		31,172		15,655		1981	7/28/1998	15 - 40 Yrs
Austin, TX (c)	8,053		2,508		21,908		—			3,796		2,508		25,704		28,212		9,988		1987	3/20/1997	15 - 40 Yrs
Dallas – Love Field, TX (a)	(m)		1,934		16,674		—			4,242		1,934		20,916		22,850		8,606		1986	3/29/1995	15 - 40 Yrs
Dallas – Park Central, TX (h)	—		4,513		43,125		762			8,364		5,275		51,489		56,764		19,341		1983	6/30/1997	15 - 40 Yrs
Houston - Medical Center, TX (e)	5,443		—		22,027		—			6,432		—		28,459		28,459		9,614		1984	7/28/1998	15 - 40 Yrs
Burlington Hotel & Conference Center, VT (b)	(m)		3,136		27,283		(2		)	3,328		3,134		30,611		33,745		11,361		1967	12/4/1997	15 - 40 Yrs
Total hotels	$	292,079	$	247,773	$	1,661,776	$	745		$	391,175	$	248,518	$	2,052,951	$	2,301,469	$	692,800
Other properties (less than 5% of total)	$	—	$	550	$	3,686	$	—		$	191	$	550	$	3,877	$	4,427	$	314
Total	$	292,079	$	248,323	$	1,665,462	$	745		$	391,366	$	249,068	$	2,056,828	$	2,305,896	$	693,114

FELCOR LODGING TRUST INCORPORATED AND

FELCOR LODGING LIMITED PARTNERSHIP

Schedule III – Real Estate and Accumulated Depreciation – (continued)

as of December 31, 2012

(in thousands)

(a)Embassy Suites Hotel

(b)Sheraton

(c)Doubletree Guest Suites

(d)Renaissance Resort

(e)Holiday Inn

(f)Marriott

(g)Hilton

(h)    Westin

(i)Fairmont

(j)    Morgans Hotel Group

(k) This hotel is mortgaged or otherwise encumbered to secure repayment of our 10% senior notes due in 2014.

(l)    This hotel is mortgaged to secure repayment of our 6.75% senior notes due in 2019.

(m)    This hotel is mortgaged to secure repayment of our 5.625% senior notes due in 2023.

	Year Ended December 31,
	2012			2011			2010
Reconciliation of Land and Buildings and Improvements
Balance at beginning of period	$	2,528,930		$	2,609,050		$	2,541,962
Additions during period:
Acquisitions	—			131,231			90,100
Improvements	44,887			34,981			22,863
Deductions during period:
Disposition of properties	(267,921		)	(246,332		)	—
Foreclosures	—			—			(45,875		)
Balance at end of period before impairment charges	2,305,896			2,528,930			2,609,050
Cumulative impairment charges on real estate assets owned at end of period	(95,121		)	(151,408		)	(179,477		)
Balance at end of period	$	2,210,775		$	2,377,522		$	2,429,573
Reconciliation of Accumulated Depreciation
Balance at beginning of period	$	723,982		$	729,420		$	672,160
Additions during period:
Depreciation for the period	64,953			68,826			71,821
Deductions during period:
Disposition of properties	(95,821		)	(74,264		)	(14,561		)
Balance at end of period	$	693,114		$	723,982		$	729,420