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Income (Loss) Per Share/Unit (Tables)
9 Months Ended
Sep. 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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor
$
72,391

 
$
3,230

 
$
81,854

 
$
(41,638
)
Discontinued operations attributable to FelCor
8

 
(11,014
)
 
(131
)
 
(17,865
)
Income (loss) from continuing operations attributable to FelCor
72,399

 
(7,784
)
 
81,723

 
(59,503
)
Less: Preferred dividends
(9,678
)
 
(9,678
)
 
(29,034
)
 
(29,034
)
Less: Dividends declared on unvested restricted stock
(2
)
 

 
(5
)
 

Less: Undistributed earnings allocated to unvested restricted stock
(48
)
 

 
(18
)
 

Numerator for continuing operations attributable to FelCor common stockholders
62,671

 
(17,462
)
 
52,666

 
(88,537
)
Discontinued operations attributable to FelCor
(8
)
 
11,014

 
131

 
17,865

Numerator for basic and diluted income (loss) attributable to FelCor common stockholders
$
62,663

 
$
(6,448
)
 
$
52,797

 
$
(70,672
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic income (loss) per share
124,168

 
123,817

 
124,159

 
123,815

Denominator for diluted income (loss) per share
125,526

 
123,817

 
125,289

 
123,815

Basic income (loss) per share data:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.50

 
$
(0.14
)
 
$
0.42

 
$
(0.72
)
Discontinued operations
$

 
$
0.09

 
$

 
$
0.14

Net income (loss)
$
0.50

 
$
(0.05
)
 
$
0.43

 
$
(0.57
)
Diluted income (loss) per share data:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.50

 
$
(0.14
)
 
$
0.42

 
$
(0.72
)
Discontinued operations
$

 
$
0.09

 
$

 
$
0.14

Net income (loss)
$
0.50

 
$
(0.05
)
 
$
0.42

 
$
(0.57
)
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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Series A convertible preferred shares/units
9,985
 
9,985
 
9,985

 
 
9,985

FelCor restricted stock units
 
728
 

 
 
461

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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
72,576

 
$
3,198

 
$
81,989

 
$
(41,990
)
Discontinued operations attributable to FelCor LP
8

 
(11,069
)
 
(132
)
 
(17,953
)
Income (loss) from continuing operations attributable to FelCor LP
72,584

 
(7,871
)
 
81,857

 
(59,943
)
Less: Preferred distributions
(9,678
)
 
(9,678
)
 
(29,034
)
 
(29,034
)
Less: Distributions declared on FelCor unvested restricted stock
(2
)
 

 
(5
)
 

Less: Undistributed earnings allocated to FelCor unvested restricted stock
(48
)
 

 
(18
)
 

Numerator for continuing operations attributable to FelCor LP common unitholders
62,856

 
(17,549
)
 
52,800

 
(88,977
)
Discontinued operations attributable to FelCor LP
(8
)
 
11,069

 
132

 
17,953

Numerator for basic and diluted income (loss) attributable to FelCor common unitholders
$
62,848

 
$
(6,480
)
 
$
52,932

 
$
(71,024
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic income (loss) per unit
124,781

 
124,435

 
124,774

 
124,435

Denominator for diluted income (loss) per unit
126,164

 
124,435

 
125,916

 
124,435

Basic income (loss) per unit data:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.50

 
$
(0.14
)
 
$
0.42

 
$
(0.72
)
Discontinued operations
$

 
$
0.09

 
$

 
$
0.14

Net income (loss)
$
0.50

 
$
(0.05
)
 
$
0.42

 
$
(0.57
)
Diluted income (loss) per unit data:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.50

 
$
(0.14
)
 
$
0.42

 
$
(0.72
)
Discontinued operations
$

 
$
0.09

 
$

 
$
0.14

Net income (loss)
$
0.50

 
$
(0.05
)
 
$
0.42

 
$
(0.57
)