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Hotel Dispositions
 9 Months Ended
Sep. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Hotel Dispositions
Hotel Dispositions
During the nine months ended September 30, 2016, we sold two hotels (both of which were sold in the third quarter), and during the nine months ended September 30, 2015, we sold eight hotels. We included operations for the sold hotels in income (loss) from continuing operations as shown in the statements of operations and comprehensive income (loss) for the three and nine months ended September 30, 2016 and 2015, as disposition of these hotels did not represent a strategic shift in our business. Additionally, we included selling costs, which we expense as they are incurred, in the gain (loss) on the sale of hotels.
We designate a hotel as held for sale when the sale is probable within the next twelve months. Generally, we consider a sale to be probable when a buyer completes its due diligence review, we have an executed contract for sale and we have received a substantial non-refundable deposit. There were no hotels held for sale at September 30, 2016 or December 31, 2015.

8.
Hotel Dispositions — (continued)
The following table includes condensed financial information primarily related to hotels sold in 2016 and 2015 included in continuing operations (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
 
2015
 
 
2016
 
 
2015
 
Hotel operating revenue
$
4,860

 
 
$
12,520

 
 
$
39,782

 
 
$
73,637

 
Operating expenses
(5,400
)
 
 
(34,971
)
 
 
(39,922
)
 
 
(85,508
)
 
Operating loss
(540
)
 
 
(22,451
)
 
 
(140
)
 
 
(11,871
)
 
Interest expense, net
—

 
 
—

 
 
1

 
 
(1,031
)
 
Debt extinguishment
—

 
 
—

 
 
—

 
 
(309
)
 
Equity in income from unconsolidated entities
—

 
 
14

 
 
—

 
 
7,111

 
Loss from continuing operations
(540
)
 
 
(22,437
)
 
 
(139
)
 
 
(6,100
)
 
Gain on sale of hotels, net
7,998

 
 
3,154

 
 
6,654

 
 
19,491

 
Net income (loss)
7,458

 
 
(19,283
)
 
 
6,515

 
 
13,391

 
Net loss (income) attributable to noncontrolling interests in other partnerships
—

 
 
45

 
 
—

 
 
(5,147
)
 
Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP
(32
)
 
 
81

 
 
(28
)
 
 
(34
)
 
Net income (loss) attributable to FelCor
$
7,426

 
 
$
(19,157
)
 
 
$
6,487

 
 
$
8,210

 
 


Discontinued operations for all periods presented in the statements of operations and comprehensive income (loss) includes adjustments to gains and losses for hotels sold prior to December 31, 2013.