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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Adjustments to reconcile net (loss) income to cash flow (used in) provided by operating activities:      
Amortization of deferred financing costs $ 200 $ 100 $ 200
Equity in income from unconsolidated entities 8,473 (816) (1,395)
Cash flows from investing activities      
Advance to Lessee - related party (2,709) 0 0
Rangers Sub I, LLC      
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 65,648 23,719 24,562
Cash flows from operating activities      
Net (loss) income (131,534) 25,123 74,980
Adjustments to reconcile net (loss) income to cash flow (used in) provided by operating activities:      
Loss (gain) on sale of hotel properties, net 48 21,451 (18,423)
Depreciation and amortization 75,174 72,389 78,491
Amortization of deferred financing costs 198 148 241
Amortization of fair value adjustments (2,754) (2,604) (3,649)
Equity in income from unconsolidated entities 8,473 (816) (1,395)
Distributions of income from unconsolidated joint ventures 0 1,964 2,591
Gain on extinguishment of indebtedness, net 0 0 (11,266)
Changes in assets and liabilities:      
Increase (Decrease) in Related Party Rent Receivable 49,181 (32,680) 63,588
Prepaid expense and other assets (1,624) (1,348) 4,142
Increase (Decrease) in Related Party Prepaid Interest 0 180 (180)
Increase (Decrease) in Related Party Rent Payable 493 0 0
Accounts payable and other liabilities (486) 1,017 (6,052)
Accrued interest (89) 0 (9,823)
Accrued Interest, Related Party (63) (190) 0
Net cash flow (used in) provided by operating activities (2,983) 85,014 173,245
Cash flows from investing activities      
Proceeds from the sale of hotel properties, net (48) 144,447 445,287
Improvements and additions to hotel properties (31,888) (62,015) (74,384)
Payments for Advance to Affiliate (100) (603) 0
Net cash flow (used in) provided by investing activities (34,745) 81,829 370,903
Cash flows from financing activities      
Proceeds from borrowings 0 96,000 0
Proceeds from Related Party Debt 0 0 85,000
Repayments of borrowings (2,681) (2,678) (654,656)
Contributions from members 160,255 188,318 732,319
Distributions to members (77,917) (404,722) (698,787)
Redemption of preferred units 0 (45,583) 0
Payments of deferred financing costs 0 (990) (10)
Contributions from consolidated joint venture partners 0 2,281 0
Preferred distributions - consolidated joint venture 0 (312) (1,483)
Net cash flow provided by (used in) financing activities 79,657 (167,686) (537,617)
Net change in cash, cash equivalents, and restricted cash reserves 41,929 (843) 6,531
FelCor Lodging LP      
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 65,648 23,719 24,562
Cash flows from operating activities      
Net (loss) income (131,534) 25,123 74,980
Adjustments to reconcile net (loss) income to cash flow (used in) provided by operating activities:      
Loss (gain) on sale of hotel properties, net 48 21,451 (18,423)
Depreciation and amortization 75,174 72,389 78,491
Amortization of deferred financing costs 198 148 241
Amortization of fair value adjustments (2,754) (2,604) (3,649)
Equity in income from unconsolidated entities 8,473 (816) (1,395)
Distributions of income from unconsolidated joint ventures 0 1,964 2,591
Gain on extinguishment of indebtedness, net 0 0 (11,266)
Changes in assets and liabilities:      
Increase (Decrease) in Related Party Rent Receivable 49,181 (32,680) 63,588
Prepaid expense and other assets (1,624) (1,348) 4,142
Increase (Decrease) in Related Party Prepaid Interest 0 180 (180)
Increase (Decrease) in Related Party Rent Payable 493 0 0
Accounts payable and other liabilities (486) 1,017 (6,052)
Accrued interest (89) 0 (9,823)
Accrued Interest, Related Party (63) (190) 0
Net cash flow (used in) provided by operating activities (2,983) 85,014 173,245
Cash flows from investing activities      
Proceeds from the sale of hotel properties, net (48) 144,447 445,287
Improvements and additions to hotel properties (31,888) (62,015) (74,384)
Payments for Advance to Affiliate (100) (603) 0
Net cash flow (used in) provided by investing activities (34,745) 81,829 370,903
Cash flows from financing activities      
Proceeds from borrowings 0 96,000 0
Proceeds from Related Party Debt 0 0 85,000
Repayments of borrowings (2,681) (2,678) (654,656)
Contributions from members 160,255 188,318 732,319
Distributions to members (77,917) (404,722) (698,787)
Redemption of preferred units 0 (45,583) 0
Payments of deferred financing costs 0 (990) (10)
Contributions from consolidated joint venture partners 0 2,281 0
Preferred distributions - consolidated joint venture 0 (312) (1,483)
Net cash flow provided by (used in) financing activities 79,657 (167,686) (537,617)
Net change in cash, cash equivalents, and restricted cash reserves $ 41,929 $ (843) $ 6,531