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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 83,689 $ (45,611)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 87,206 94,102
Gain on sale of hotels, net (51,029) (19,068)
Gain on sale of investment in unconsolidated entities, net (30,184) 0
Gain from remeasurement of unconsolidated entities (20,733) 0
Other gains, net (100) (87)
Amortization of deferred financing fees and debt discount 8,136 8,224
Amortization of fixed stock and directors’ compensation 4,490 4,547
Equity based severance 0 822
Equity in income from unconsolidated entities (4,756) (4,095)
Distributions of income from unconsolidated entities 3,394 3,389
Debt extinguishment 5,008 0
Impairment loss 0 27,706
Changes in assets and liabilities:    
Accounts receivable 271 (13,501)
Other assets (4,834) (8,336)
Accrued expenses and other liabilities 7,107 20,279
Net cash flow provided by operating activities 87,665 68,371
Cash flows from investing activities:    
Improvements and additions to hotels (65,547) (74,456)
Hotel development (63,381) (46,724)
Net proceeds from asset sales 119,991 89,929
Proceeds from unconsolidated joint venture transaction 4,032 0
Change in restricted cash – investing 42,964 (670)
Insurance proceeds 255 218
Distributions from unconsolidated entities 10,658 6,218
Contributions to unconsolidated entities 0 (1,500)
Net cash flow provided by (used in) investing activities 48,972 (26,985)
Cash flows from financing activities:    
Proceeds from borrowings 439,607 137,245
Repayment of borrowings (553,867) (123,741)
Payment of deferred financing fees (3,052) (2,723)
Acquisition of noncontrolling interest (5,850) 0
Distributions paid to noncontrolling interests (8,634) (3,279)
Contributions from noncontrolling interests 5,508 3,024
Distributions paid to FelCor LP limited partners (31) 0
Distributions paid to preferred stockholders (29,034) (29,034)
Preferred distributions - consolidated joint venture (757) 0
Distributions paid to common stockholders (7,453) 0
Net proceeds from issuance of preferred equity - consolidated joint venture 41,443 0
Net cash flow used in financing activities (122,120) (18,508)
Effect of exchange rate changes on cash (52) (34)
Net change in cash and cash equivalents 14,465 22,844
Cash and cash equivalents at beginning of periods 45,645 45,745
Cash and cash equivalents at end of periods 60,110 68,589
Supplemental cash flow information – interest paid, net of capitalized interest 67,187 54,326
FelCor Lodging LP [Member]
   
Cash flows from operating activities:    
Net income (loss) 83,689 (45,611)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 87,206 94,102
Gain on sale of hotels, net (51,029) (19,068)
Gain on sale of investment in unconsolidated entities, net (30,184) 0
Gain from remeasurement of unconsolidated entities (20,733) 0
Other gains, net (100) (87)
Amortization of deferred financing fees and debt discount 8,136 8,224
Amortization of fixed stock and directors’ compensation 4,490 4,547
Equity based severance 0 822
Equity in income from unconsolidated entities (4,756) (4,095)
Distributions of income from unconsolidated entities 3,394 3,389
Debt extinguishment 5,008 0
Impairment loss 0 27,706
Changes in assets and liabilities:    
Accounts receivable 271 (13,501)
Other assets (4,834) (8,336)
Accrued expenses and other liabilities 7,107 20,279
Net cash flow provided by operating activities 87,665 68,371
Cash flows from investing activities:    
Improvements and additions to hotels (65,547) (74,456)
Hotel development (63,381) (46,724)
Net proceeds from asset sales 119,991 89,929
Proceeds from unconsolidated joint venture transaction 4,032 0
Change in restricted cash – investing 42,964 (670)
Insurance proceeds 255 218
Distributions from unconsolidated entities 10,658 6,218
Contributions to unconsolidated entities 0 (1,500)
Net cash flow provided by (used in) investing activities 48,972 (26,985)
Cash flows from financing activities:    
Proceeds from borrowings 439,607 137,245
Repayment of borrowings (553,867) (123,741)
Payment of deferred financing fees (3,052) (2,723)
Acquisition of noncontrolling interest (5,850) 0
Distributions paid to noncontrolling interests (8,634) (3,279)
Contributions from noncontrolling interests 5,508 3,024
Distributions paid to FelCor LP limited partners (31) 0
Distributions paid to preferred stockholders (29,034) (29,034)
Preferred distributions - consolidated joint venture (757) 0
Distributions paid to common stockholders (7,453) 0
Net proceeds from issuance of preferred equity - consolidated joint venture 41,443 0
Net cash flow used in financing activities (122,120) (18,508)
Effect of exchange rate changes on cash (52) (34)
Net change in cash and cash equivalents 14,465 22,844
Cash and cash equivalents at beginning of periods 45,645 45,745
Cash and cash equivalents at end of periods 60,110 68,589
Supplemental cash flow information – interest paid, net of capitalized interest $ 67,187 $ 54,326