XML 29 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income (loss) Per Share/Unit (Tables)
 6 Months Ended
Jun. 30, 2013
Earnings Per Share/Unit [Line Items]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share/Unit
The following tables set forth the computation of basic and diluted income (loss) per share/unit (in thousands, except per share/unit data):

FelCor Income (Loss) Per Share

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor
$
(18,683
)
 
$
11,869

 
$
(44,868
)
 
$
(16,594
)
Discontinued operations attributable to FelCor
(8,063
)
 
(17,014
)
 
(8,324
)
 
(21,166
)
Loss from continuing operations attributable to FelCor
(26,746
)
 
(5,145
)
 
(53,192
)
 
(37,760
)
Less: Preferred dividends
(9,678
)
 
(9,678
)
 
(19,356
)
 
(19,356
)
Less: Undistributed earnings allocated to unvested restricted stock
—

 
(10
)
 
—

 
—

Numerator for continuing operations attributable to FelCor common stockholders
(36,424
)
 
(14,833
)
 
(72,548
)
 
(57,116
)
Discontinued operations attributable to FelCor
8,063

 
17,014

 
8,324

 
21,166

Numerator for basic and diluted income (loss) attributable to FelCor common stockholders
$
(28,361
)
 
$
2,181

 
$
(64,224
)
 
$
(35,950
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic and diluted income (loss) per share
123,814

 
123,638

 
123,814

 
123,651

Basic and diluted income (loss) per share data:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.29
)
 
$
(0.12
)
 
$
(0.59
)
 
$
(0.46
)
Discontinued operations
$
0.07

 
$
0.14

 
$
0.07

 
$
0.17

Net income (loss)
$
(0.23
)
 
$
0.02

 
$
(0.52
)
 
$
(0.29
)
Schedule Securities Excluded from Computation of Earnings Per Share
Securities that could potentially dilute earnings per share/unit in the future that were not included in the computation of diluted income (loss) per share/unit, because they would have been antidilutive for the periods presented, are as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2013
 
2012
 
2013
 
2012
Series A convertible preferred shares/units
9,985
 
9,985
 
9,985

 
 
9,985

 
FelCor restricted stock units
576
 
—
 
373

 
 
—

 
FelCor Lodging LP [Member]
  
Earnings Per Share/Unit [Line Items]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share/Unit
FelCor LP Income (Loss) Per Unit
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
(18,823
)
 
$
11,880

 
$
(45,188
)
 
$
(16,779
)
Discontinued operations attributable to FelCor LP
(8,103
)
 
(17,099
)
 
(8,365
)
 
(21,273
)
Loss from continuing operations attributable to FelCor LP
(26,926
)
 
(5,219
)
 
(53,553
)
 
(38,052
)
 Less: Preferred distributions
(9,678
)
 
(9,678
)
 
(19,356
)
 
(19,356
)
 Less: Undistributed earnings allocated to FelCor’s unvested restricted stock
—

 
(10
)
 
—

 
—

Numerator for continuing operations attributable to FelCor LP common unitholders
(36,604
)
 
(14,907
)
 
(72,909
)
 
(57,408
)
Discontinued operations attributable to FelCor LP
8,103

 
17,099

 
8,365

 
21,273

Numerator for basic and diluted income (loss) attributable to FelCor common unitholders
$
(28,501
)
 
$
2,192

 
$
(64,544
)
 
$
(36,135
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic and diluted income (loss) per unit
124,435

 
124,266

 
124,435

 
124,283

Basic and diluted income (loss) per unit data:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.29
)
 
$
(0.12
)
 
$
(0.59
)
 
$
(0.46
)
Discontinued operations
$
0.07

 
$
0.14

 
$
0.07

 
$
0.17

Net income (loss)
$
(0.23
)
 
$
0.02

 
$
(0.52
)
 
$
(0.29
)