XML 66 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Assets    
Investment in hotels, net of accumulated depreciation of $945,192 and $929,298 at June 30, 2013 and December 31, 2012, respectively $ 1,718,269 $ 1,794,564
Hotel development 170,084 146,079
Investment in unconsolidated entities 52,751 55,082
Hotel held for sale 19,252 0
Cash and cash equivalents 66,235 45,745
Restricted cash 77,881 77,927
Accounts receivable, net of allowance for doubtful accounts of $212 and $469 at June 30, 2013 and December 31, 2012, respectively 41,029 25,383
Deferred expenses, net of accumulated amortization of $17,052 and $13,820 at June 30, 2013 and December 31, 2012, respectively 32,543 34,262
Other assets 31,123 23,391
Total assets 2,209,167 2,202,433
Liabilities and Equity    
Debt, net of discount of $7,606 and $10,318 at June 30, 2013 and December 31, 2012, respectively 1,691,946 1,630,525
Distributions payable 8,545 8,545
Accrued expenses and other liabilities 149,868 138,442
Total liabilities 1,850,359 1,777,512
Commitments and contingencies      
Redeemable noncontrolling interests in FelCor LP, 621 units issued and outstanding at June 30, 2013 and December 31, 2012 3,672 2,902
Preferred stock, $0.01 par value, 20,000 shares authorized:    
Common stock, $0.01 par value, 200,000 shares authorized; 124,122 and 124,117 shares issued and outstanding at June 30, 2013, and December 31, 2012, respectively 1,241 1,241
Additional paid-in capital 2,354,659 2,353,581
Accumulated other comprehensive income 25,120 26,039
Accumulated deficit (2,529,192) (2,464,968)
Total FelCor stockholders’ equity 330,602 394,667
Noncontrolling interests in other partnerships 24,534 27,352
Total equity 355,136 422,019
Total liabilities and equity 2,209,167 2,202,433
FelCor Lodging LP [Member]
   
Assets    
Investment in hotels, net of accumulated depreciation of $945,192 and $929,298 at June 30, 2013 and December 31, 2012, respectively 1,718,269 1,794,564
Hotel development 170,084 146,079
Investment in unconsolidated entities 52,751 55,082
Hotel held for sale 19,252 0
Cash and cash equivalents 66,235 45,745
Restricted cash 77,881 77,927
Accounts receivable, net of allowance for doubtful accounts of $212 and $469 at June 30, 2013 and December 31, 2012, respectively 41,029 25,383
Deferred expenses, net of accumulated amortization of $17,052 and $13,820 at June 30, 2013 and December 31, 2012, respectively 32,543 34,262
Other assets 31,123 23,391
Total assets 2,209,167 2,202,433
Liabilities and Equity    
Debt, net of discount of $7,606 and $10,318 at June 30, 2013 and December 31, 2012, respectively 1,691,946 1,630,525
Distributions payable 8,545 8,545
Accrued expenses and other liabilities 149,868 138,442
Total liabilities 1,850,359 1,777,512
Commitments and contingencies      
Redeemable noncontrolling interests in FelCor LP, 621 units issued and outstanding at June 30, 2013 and December 31, 2012 3,672 2,902
Preferred stock, $0.01 par value, 20,000 shares authorized:    
Accumulated other comprehensive income 25,227 26,151
Total liabilities and equity 2,209,167 2,202,433
Preferred Units, Preferred Partners' Capital Account [Abstract]    
Preferred Units, Contributed Capital 478,774 478,774
Common units, 124,122 and 124,117 units issued and outstanding at June 30, 2013 and December 31, 2012, respectively (173,399) (110,258)
Total FelCor LP partners' capital 330,602 394,667
Noncontrolling interests 24,534 27,352
Total partners' capital 355,136 422,019
FelCor Lodging LP [Member] | Series A Cumulative Convertible Preferred Units, 12,880 units issued and outstanding at June 30, 2013 and December 31, 2012
   
Preferred Units, Preferred Partners' Capital Account [Abstract]    
Preferred Units, Contributed Capital 309,362 309,362
FelCor Lodging LP [Member] | Series C Cumulative Redeemable Preferred Units, 68 units issued and outstanding at June 30, 2013 and December 31, 2012
   
Preferred Units, Preferred Partners' Capital Account [Abstract]    
Preferred Units, Contributed Capital 169,412 169,412
Series A Cumulative Convertible Preferred Stock, 12,880 shares, liquidation value of $322,011, issued and outstanding at June 30, 2013 and December 31, 2012
   
Preferred stock, $0.01 par value, 20,000 shares authorized:    
Cumulative Preferred Stock 309,362 309,362
Series C Cumulative Redeemable Preferred Stock, 68 shares, liquidation value of $169,950, issued and outstanding at June 30, 2013 and December 31, 2012
   
Preferred stock, $0.01 par value, 20,000 shares authorized:    
Cumulative Preferred Stock $ 169,412 $ 169,412