XML 33 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income (Loss) Per Share/Unit (Tables)
6 Months Ended
Jun. 30, 2014
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,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor
$
24,281

 
$
(18,683
)
 
$
9,463

 
$
(44,868
)
Discontinued operations attributable to FelCor
(5
)
 
(6,021
)
 
(139
)
 
(6,852
)
Income (loss) from continuing operations attributable to FelCor
24,276

 
(24,704
)
 
9,324

 
(51,720
)
Less: Preferred dividends
(9,678
)
 
(9,678
)
 
(19,356
)
 
(19,356
)
Less: Dividends declared on unvested restricted stock
(2
)
 

 
(3
)
 

Less: Undistributed earnings allocated to unvested restricted stock
(6
)
 

 

 

Numerator for continuing operations attributable to FelCor common stockholders
14,590

 
(34,382
)
 
(10,035
)
 
(71,076
)
Discontinued operations attributable to FelCor
5

 
6,021

 
139

 
6,852

Numerator for basic and diluted income (loss) attributable to FelCor common stockholders
$
14,595

 
$
(28,361
)
 
$
(9,896
)
 
$
(64,224
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic income (loss) per share
124,169

 
123,814

 
124,158

 
123,814

Denominator for diluted income (loss) per share
125,386

 
123,814

 
124,158

 
123,814

Basic and diluted income (loss) per share data:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.12

 
$
(0.28
)
 
$
(0.08
)
 
$
(0.57
)
Discontinued operations
$

 
$
0.05

 
$

 
$
0.06

Net income (loss)
$
0.12

 
$
(0.23
)
 
$
(0.08
)
 
$
(0.52
)
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,
 
2014
 
2013
 
2014
 
2013
Series A convertible preferred shares/units
9,985
 
9,985
 
9,985

 
 
9,985

FelCor restricted stock units
 
576
 
1,020

 
 
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,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
24,352

 
$
(18,823
)
 
$
9,413

 
$
(45,188
)
Discontinued operations attributable to FelCor LP
(5
)
 
(6,051
)
 
(140
)
 
(6,886
)
Income (loss) from continuing operations attributable to FelCor LP
24,347

 
(24,874
)
 
9,273

 
(52,074
)
Less: Preferred distributions
(9,678
)
 
(9,678
)
 
(19,356
)
 
(19,356
)
Less: Distributions declared on FelCor unvested restricted stock
(2
)
 

 
(3
)
 

Less: Undistributed earnings allocated to FelCor unvested restricted stock
(6
)
 

 

 

Numerator for continuing operations attributable to FelCor LP common unitholders
14,661

 
(34,552
)
 
(10,086
)
 
(71,430
)
Discontinued operations attributable to FelCor LP
5

 
6,051

 
140

 
6,886

Numerator for basic and diluted income (loss) attributable to FelCor common unitholders
$
14,666

 
$
(28,501
)
 
$
(9,946
)
 
$
(64,544
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic income (loss) per unit
124,783

 
124,435

 
124,774

 
124,435

Denominator for diluted income (loss) per unit
126,000

 
124,435

 
124,774

 
124,435

Basic and diluted income (loss) per unit data:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.12

 
$
(0.28
)
 
$
(0.08
)
 
$
(0.57
)
Discontinued operations
$

 
$
0.05

 
$

 
$
0.06

Net income (loss)
$
0.12

 
$
(0.23
)
 
$
(0.08
)
 
$
(0.52
)