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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Related party lease revenue $ 468 $ 46,392 $ 20,904 $ 152,534
Expenses        
Related party interest expense (700)   (2,400)  
Equity in (loss) income from unconsolidated joint ventures (7,806) 30 (8,215) 565
Rangers Sub I, LLC        
Revenues        
Related party lease revenue 468 46,392 20,904 152,534
Total revenues 468 46,392 20,904 152,534
Expenses        
Depreciation and amortization 18,882 17,696 56,166 54,284
Property tax, insurance and other 9,806 10,327 29,325 31,416
General and administrative (1,555) 278 (571) 961
Transaction costs (154) 105 (144) 215
Total operating expenses 26,979 28,406 84,776 86,876
Other income 0 8 1 59
Interest income 6 79 119 239
Interest expense (7,718) (8,201) (23,526) (23,706)
Related party interest expense (688) (1,138) (2,401) (3,475)
Loss on sale of hotel properties, net 0 (91) (42) (21,474)
Income (loss) before equity in income from unconsolidated joint ventures (34,911) 8,643 (89,721) 17,301
Equity in (loss) income from unconsolidated joint ventures (7,806) 30 (8,215) 565
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (42,717) 8,673 (97,936) 17,866
Net loss (income) attributable to noncontrolling interests:        
Noncontrolling interest in consolidated joint ventures 99 (82) 250 (78)
Noncontrolling interest in FelCor LP 426 (85) 977 (164)
Preferred distributions - consolidated joint venture 0 0 0 (186)
Redemption of preferred equity - consolidated joint venture 0 0 0 (1,153)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent (42,192) 8,506 (96,709) 16,285
FelCor Lodging LP        
Revenues        
Related party lease revenue 468 46,392 20,904 152,534
Total revenues 468 46,392 20,904 152,534
Expenses        
Depreciation and amortization 18,882 17,696 56,166 54,284
Property tax, insurance and other 9,806 10,327 29,325 31,416
General and administrative (1,555) 278 (571) 961
Transaction costs (154) 105 (144) 215
Total operating expenses 26,979 28,406 84,776 86,876
Other income 0 8 1 59
Interest income 6 79 119 239
Interest expense (7,718) (8,201) (23,526) (23,706)
Related party interest expense (688) (1,138) (2,401) (3,475)
Loss on sale of hotel properties, net 0 (91) (42) (21,474)
Income (loss) before equity in income from unconsolidated joint ventures (34,911) 8,643 (89,721) 17,301
Equity in (loss) income from unconsolidated joint ventures (7,806) 30 (8,215) 565
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (42,717) 8,673 (97,936) 17,866
Net loss (income) attributable to noncontrolling interests:        
Noncontrolling interest in consolidated joint ventures 99 (82) 250 (78)
Preferred distributions - consolidated joint venture 0 0 0 (186)
Redemption of preferred equity - consolidated joint venture 0 0 0 (1,153)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ (42,618) $ 8,591 $ (97,686) $ 16,449