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 Loss Per Share



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Numerator:
Net income (loss) attributable to FelCor	$	3,230		$	(19,025	)	$	(41,638	)	$	(35,619	)
Discontinued operations attributable to FelCor	(11,121		)	(8,172		)	(17,945		)	(29,895		)
Loss from continuing operations attributable to FelCor	(7,891		)	(27,197		)	(59,583		)	(65,514		)
Less: Preferred dividends	(9,678		)	(9,678		)	(29,034		)	(29,034		)
Numerator for continuing operations attributable to FelCor common stockholders	(17,569		)	(36,875		)	(88,617		)	(94,548		)
Discontinued operations attributable to FelCor	11,121			8,172			17,945			29,895
Numerator for basic and diluted loss attributable to FelCor common stockholders	$	(6,448	)	$	(28,703	)	$	(70,672	)	$	(64,653	)
Denominator:
Denominator for basic and diluted loss per share	123,817			123,640			123,815			123,648
Basic and diluted loss per share data:
Loss from continuing operations	$	(0.14	)	$	(0.30	)	$	(0.72	)	$	(0.76	)
Discontinued operations	$	0.09		$	0.07		$	0.14		$	0.24
Net loss	$	(0.05	)	$	(0.23	)	$	(0.57	)	$	(0.52	)


8.	Loss Per Share/Unit — (continued)

FelCor LP Loss Per Unit



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Numerator:
Net income (loss) attributable to FelCor LP	$	3,198		$	(19,169	)	$	(41,990	)	$	(35,948	)
Discontinued operations attributable to FelCor LP	(11,176		)	(8,213		)	(18,033		)	(30,046		)
Loss from continuing operations attributable to FelCor LP	(7,978		)	(27,382		)	(60,023		)	(65,994		)
Less: Preferred distributions	(9,678		)	(9,678		)	(29,034		)	(29,034		)
Numerator for continuing operations attributable to FelCor LP common unitholders	(17,656		)	(37,060		)	(89,057		)	(95,028		)
Discontinued operations attributable to FelCor LP	11,176			8,213			18,033			30,046
Numerator for basic and diluted loss attributable to FelCor common unitholders	$	(6,480	)	$	(28,847	)	$	(71,024	)	$	(64,982	)
Denominator:
Denominator for basic and diluted loss per unit	124,435			124,266			124,435			124,278
Basic and diluted loss per unit data:
Loss from continuing operations	$	(0.14	)	$	(0.30	)	$	(0.72	)	$	(0.76	)
Discontinued operations	$	0.09		$	0.07		$	0.14		$	0.24
Net loss	$	(0.05	)	$	(0.23	)	$	(0.57	)	$	(0.52	)

Securities that could potentially dilute earnings per share/unit in the future that were not included in the computation of diluted loss per share/unit, because they would have been antidilutive for the periods presented, are as follows (in thousands):



	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2013	2012	2013	2012
Series A convertible preferred shares/units	9,985	9,985	9,985	9,985
FelCor restricted stock units	728	—	461	—

Series A preferred dividends (distributions) that would be excluded from net income (loss) attributable to FelCor common stockholders (or FelCor LP common unitholders), if these preferred shares/units were dilutive, were $6.3 million for the three months ended September 30, 2013 and 2012, and $18.8 million for the nine months ended September 30, 2013 and 2012.

In February 2013, our executive officers were granted restricted stock units providing them with the potential to earn up to 1,250,000 common shares, collectively, vesting in three increments over four years, based on total stockholder return relative to a group of 10 lodging REIT peers. The fixed cost of these grants is amortized over the vesting period, and the potential impact of these restricted stock units on our earnings per share, had they been dilutive, was calculated using the treasury stock method.