XML 69 R49.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income (loss) Per Share/Unit (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [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
 
Year Ended December 31,
 
2015
 
2014
 
2013
Numerator:
 
 
 
 
 
Net income (loss) attributable to FelCor
$
(8,865
)
 
$
92,099

 
$
(61,504
)
Discontinued operations attributable to FelCor
(674
)
 
359

 
(16,963
)
Income (loss) from continuing operations attributable to FelCor
(9,539
)
 
92,458

 
(78,467
)
Less: Preferred dividends
(30,138
)
 
(38,712
)
 
(38,713
)
Less: Redemption of preferred stock
(6,096
)
 

 

Less: Dividends declared on unvested restricted stock
(56
)
 
(8
)
 

Less: Undistributed earnings allocated to unvested restricted stock

 
(20
)
 

Numerator for continuing operations attributable to FelCor common stockholders
(45,829
)
 
53,718

 
(117,180
)
Discontinued operations attributable to FelCor
674

 
(359
)
 
16,963

Numerator for basic and diluted income (loss) attributable to FelCor common stockholders
$
(45,155
)
 
$
53,359

 
$
(100,217
)
Denominator:
 
 
 
 
 
Denominator for basic income (loss) per share
137,730

 
124,158

 
123,818

Denominator for diluted income (loss) per share
137,730

 
124,892

 
123,818

Basic and diluted income (loss) per share data:
 
 
 
 
 
Income (loss) from continuing operations
$
(0.33
)
 
$
0.43

 
$
(0.95
)
Discontinued operations
$

 
$

 
$
0.14

Net income (loss)
$
(0.33
)
 
$
0.43

 
$
(0.81
)
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 (unaudited, in thousands):

 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Series A convertible preferred shares/units
 
9,984

 
9,984

 
9,985

FelCor restricted stock units
 
488

 

 
547

FelCor Lodging LP [Member]  
Earnings Per Share [Line Items]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share/Unit
FelCor LP Income (Loss) Per Unit

 
Year Ended December 31,
 
2015
 
2014
 
2013
Numerator:
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
(9,059
)
 
$
92,236

 
$
(62,001
)
Discontinued operations attributable to FelCor LP
(677
)
 
360

 
(17,047
)
Income (loss) from continuing operations attributable to FelCor LP
(9,736
)
 
92,596

 
(79,048
)
Less: Preferred distributions
(30,138
)
 
(38,712
)
 
(38,713
)
Less: Redemption of preferred units
(6,096
)
 

 

Less: Distributions declared on FelCor unvested restricted stock
(56
)
 
(8
)
 

Less: Undistributed earnings allocated to FelCor unvested restricted stock

 
(20
)
 

Numerator for continuing operations attributable to FelCor LP common unitholders
(46,026
)
 
53,856

 
(117,761
)
Discontinued operations attributable to FelCor LP
677

 
(360
)
 
17,047

Numerator for basic and diluted income (loss) attributable to FelCor LP common unitholders
$
(45,349
)
 
$
53,496

 
$
(100,714
)
Denominator:
 
 
 
 
 
Denominator for basic income (loss) per unit
138,341

 
124,772

 
124,437

Denominator for diluted income (loss) per unit
138,341

 
125,511

 
124,437

Basic and diluted income (loss) per unit data:
 
 
 
 
 
Income (loss) from continuing operations
$
(0.33
)
 
$
0.43

 
$
(0.95
)
Discontinued operations
$

 
$

 
$
0.14

Net income (loss)
$
(0.33
)
 
$
0.43

 
$
(0.81
)