XML 49 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Hotel operating revenue $ 221,022,000 $ 208,538,000
Other revenue 327,000 399,000
Total revenues 221,349,000 208,937,000
Expenses:    
Hotel departmental expenses 83,523,000 80,405,000
Other property-related costs 61,578,000 59,428,000
Management and franchise fees 9,013,000 9,163,000
Taxes, insurance and lease expense 23,633,000 22,164,000
Corporate expenses 7,825,000 7,832,000
Depreciation and amortization 29,601,000 29,755,000
Conversion expenses 0 628,000
Other expenses 2,014,000 821,000
Total operating expenses 217,187,000 210,196,000
Operating income (loss) 4,162,000 (1,259,000)
Interest expense, net (25,227,000) (26,285,000)
Debt extinguishment (6,000) 0
Loss before equity in income from unconsolidated entities (21,071,000) (27,544,000)
Equity in income from unconsolidated entities 643,000 89,000
Loss from continuing operations (20,428,000) (27,455,000)
Income from discontinued operations 135,000 850,000
Loss before gain on sale of property (20,293,000) (26,605,000)
Gain on sale of property, net 5,457,000 0
Net loss (14,836,000) (26,605,000)
Net loss attributable to noncontrolling interests in other partnerships 78,000 240,000
Net loss attributable to redeemable noncontrolling interests in FelCor LP 121,000 180,000
Preferred distributions - consolidated joint venture (181,000) 0
Net income (loss) attributable to reporting entity (14,818,000) (26,185,000)
Preferred dividends (9,678,000) (9,678,000)
Net loss attributable to FelCor common stockholders (24,496,000) (35,863,000)
Basic and diluted per common share/unit data:    
Loss from continuing operations (in dollars per share) $ (0.20) $ (0.30)
Net income (loss) (in dollars per share) $ (0.20) $ (0.29)
Basic and diluted weighted average common shares outstanding (in shares) 124,146 123,814
FelCor Lodging LP [Member]
   
Revenues:    
Hotel operating revenue 221,022,000 208,538,000
Other revenue 327,000 399,000
Total revenues 221,349,000 208,937,000
Expenses:    
Hotel departmental expenses 83,523,000 80,405,000
Other property-related costs 61,578,000 59,428,000
Management and franchise fees 9,013,000 9,163,000
Taxes, insurance and lease expense 23,633,000 22,164,000
Corporate expenses 7,825,000 7,832,000
Depreciation and amortization 29,601,000 29,755,000
Conversion expenses 0 628,000
Other expenses 2,014,000 821,000
Total operating expenses 217,187,000 210,196,000
Operating income (loss) 4,162,000 (1,259,000)
Interest expense, net (25,227,000) (26,285,000)
Debt extinguishment (6,000) 0
Loss before equity in income from unconsolidated entities (21,071,000) (27,544,000)
Equity in income from unconsolidated entities 643,000 89,000
Loss from continuing operations (20,428,000) (27,455,000)
Income from discontinued operations 135,000 850,000
Loss before gain on sale of property (20,293,000) (26,605,000)
Gain on sale of property, net 5,457,000 0
Net loss (14,836,000) (26,605,000)
Net loss attributable to noncontrolling interests in other partnerships 78,000 240,000
Preferred distributions - consolidated joint venture (181,000) 0
Net income (loss) attributable to reporting entity (14,939,000) (26,365,000)
Preferred dividends (9,678,000) (9,678,000)
Net income (loss) attributable to FelCor LP common unitholders $ (24,617,000) $ (36,043,000)
Basic and diluted per common share/unit data:    
Loss from continuing operations (in dollars per share) $ (0.20) $ (0.30)
Net income (loss) (in dollars per share) $ (0.20) $ (0.29)
Basic and diluted weighted average common shares outstanding (in shares) 124,764 124,435