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Income (Loss) Per Unit
 6 Months Ended
Jun. 30, 2011
Loss Per Share [Abstract]  
Income (Loss) Per Unit [Text Block]
Income (Loss) Per Unit


The following table sets forth the computation of basic and diluted income (loss) per unit (in thousands, except per unit data):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2011
 
 
2010
 
2011
 
 
2010
Numerator:
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
(42,448
)
 
 
$
21,665


 
$
(74,232
)
 
 
$
(41,048
)
Discontinued operations attributable to FelCor LP
(6,639
)
 
 
1,094


 
(7,461
)
 
 
25,642


Income (loss) from continuing operations
     attributable to FelCor LP
(49,087
)
 
 
22,759


 
(81,693
)
 
 
(15,406
)
 Less: Preferred distributions
(9,678
)
 
 
(9,678
)
 
(19,356
)
 
 
(19,356
)
 Less: Undistributed earnings allocated
      to unvested FelCor restricted stock
—


 
 
(352
)
 
—


 
 
—


Numerator for continuing operations attributable
     to FelCor LP common unitholders
(58,765
)
 
 
12,729


 
(101,049
)
 
 
(34,762
)
Discontinued operations attributable to FelCor LP
6,639


 
 
(1,094
)
 
7,461


 
 
(25,642
)
Numerator for basic and diluted income (loss)
    attributable to FelCor LP common unitholders
$
(52,126
)
 
 
$
11,635


 
$
(93,588
)
 
 
$
(60,404
)
Denominator:
 
 
 
 
 
 
 
 
 
Denominator for basic and diluted income
   (loss) per unit
123,425


 
 
66,826


 
109,608


 
 
65,309


Basic and diluted income (loss) per unit data:
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(0.48
)
 
 
$
0.19


 
$
(0.92
)
 
 
$
(0.53
)
Discontinued operations
$
0.05


 
 
$
(0.02
)
 
$
0.07


 
 
$
(0.39
)
Net income (loss)
$
(0.42
)
 
 
$
0.17


 
$
(0.85
)
 
 
$
(0.92
)


Securities that could potentially dilute earnings per unit in the future that were not included in the computation of diluted income (loss) per unit, because they would have been antidilutive for the periods presented, are as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2011
 
2010
 
2011
 
2010
Series A convertible preferred units
9,985
 
9,985
 
9,985
 
9,985


Series A preferred distributions that would be excluded from net income (loss) attributable to FelCor LP common unitholders, if these Series A preferred units were dilutive, were $6.3 million for the three months ended June 30, 2011 and 2010, and $12.6 million for the six months ended June 30, 2011 and 2010.