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Hotel Dispositions (Tables)
 9 Months Ended
Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups
The following table includes condensed financial information from these 12 hotels (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Hotel operating revenue
$
12,225

 
 
$
32,247

 
 
$
70,092

 
 
$
91,333

Operating expenses (a)
(11,842
)
 
 
(31,505
)
 
 
(68,792
)
 
 
(104,688
)
Operating income (loss)
383

 
 
742

 
 
1,300

 
 
(13,355
)
Interest expense, net
(151
)
 
 
(695
)
 
 
(1,284
)
 
 
(2,122
)
Debt extinguishment
(914
)
 
 
—

 
 
(920
)
 
 
—

Gain on sale of investment in unconsolidated entities, net
30,184

 
 
—

 
 
30,184

 
 
—

Other gains, net
—

 
 
21

 
 
—

 
 
21

Equity in income from unconsolidated entities
334

 
 
884

 
 
1,440

 
 
1,378

Income (loss) from continuing operations
29,836

 
 
952

 
 
30,720

 
 
(14,078
)
Gain on sale of hotels, net(b)
30,440

 
 
—

 
 
51,920

 
 
—

Net income (loss)
60,276

 
 
952

 
 
82,640

 
 
(14,078
)
Net loss (income) attributable to noncontrolling interests in other partnerships
(890
)
 
 
69

 
 
(717
)
 
 
355

Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP
(168
)
 
 
(5
)
 
 
(276
)
 
 
67

Net income (loss) attributable to FelCor
$
59,218

 
 
$
1,016

 
 
$
81,647

 
 
$
(13,656
)
(a)
Operating expenses include impairment charges of $14.3 million for the nine months ended September 30, 2013.
(b)
We recorded a $24.4 million gain from foreign currency translation (which we had previously recorded in accumulated other comprehensive income) when we sold our remaining Canadian hotel in the third quarter of 2014 which substantially liquidated all of our foreign investments.
Schedule of Condensed Financial Information for Discontinued Operations
Discontinued operations include the results of operations for five hotels sold in 2013 and one hotel sold in 2014 (which was held for sale as of December 31, 2013). The following table summarizes the condensed financial information for those hotels (in thousands):

Three Months Ended

Nine Months Ended
 
September 30,

September 30,
 
2014

2013

2014

2013
Hotel operating revenue
$
—



$
7,172



$
730



$
31,785


Operating expenses (a)
(8
)


(6,901
)


(678
)


(31,403
)

Operating income (loss) from discontinued operations
(8
)
 
 
271

 
 
52

 
 
382

 
Interest expense, net
—

 
 
(199
)
 
 
(66
)
 
 
(597
)
 
Debt extinguishment
—

 
 
—

 
 
(245
)
 
 
—

 
Other gains, net
—

 
 
66

 
 
—

 
 
66

 
Gain on sale of hotels, net
—

 
 
11,809

 
 
391

 
 
19,068

 
Income (loss) from discontinued operations
$
(8
)
 
 
$
11,947

 
 
$
132

 
 
$
18,919

 

(a)
Operating expenses in discontinued operations include impairment charges of $3.3 million for the nine months ended September 30, 2013.