Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Condensed Financial Information for Discontinued Operations

Discontinued operations primarily include results of operations for one hotel designated as held for sale at June 30, 2013, one hotel sold in the second quarter of 2013 and ten hotels sold in 2012. The following table summarizes the condensed financial information for those hotels (in thousands):



	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2013			2012			2013			2012
Hotel operating revenue	$	3,688		$	23,804		$	7,313		$	55,247
Operating expenses^(a)	(2,844		)	(21,511		)	(6,207		)	(47,413		)
Operating income from discontinued operations	844			2,293			1,106			7,834
Interest expense, net	—			(1,245		)	—			(2,612		)
Debt extinguishment	—			(668		)	—			(668		)
Gain on sale of hotels, net	7,259			16,719			7,259			16,719
Income from discontinued operations	$	8,103		$	17,099		$	8,365		$	21,273

(a) Includes an impairment charge of $1.3 million for the three and six months ended June 30, 2012.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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