XML 54 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Operating Results (unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Operating Results [Line Items]  
Quarterly Financial Information [Table Text Block]

Rangers
 
Predecessor
 
 
 
Successor
 
For the year ended December 31, 2017
 
First Quarter
 
Second Quarter
 
July 1
through
August 31
 
 
 
September 1 through September 30
(1)
 
Fourth Quarter
(1)
Total revenue
$
188,104

 
$
220,440

 
$
142,971

 
 
$
20,854

 
$
60,405

Net income (loss) from continuing operations
$
(35,475
)
 
$
(1,253
)
 
$
(54,999
)
 
 
$
4,539

 
$
6,882

Loss from discontinued operations
$

 
$

 
$
(3,415
)
 
 
$

 
$

Net income (loss) and comprehensive income (loss) attributable to Rangers
$
(35,911
)
 
$
(1,759
)
 
$
(59,175
)
 
 
$
4,321

 
$
(231
)
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders

$
(42,190
)
 
$
(8,038
)
 
$
(63,361
)
 
 
$
4,321

 
$
(231
)
Basic and diluted per common share data:
 
 
 
 
 
 
 
 
 
 
Net loss from continuing operations per share attributable to common shareholders
$
(0.31
)
 
$
(0.06
)
 
$
(0.43
)
 
 
 
 
 
Discontinued operations
$

 
$

 
$
(0.02
)
 
 
 
 
 
Net loss per share attributable to common shareholders
$
(0.31
)
 
$
(0.06
)
 
$
(0.46
)
 
 
 
 
 
Basic weighted-average common shares outstanding
137,777,651

 
137,865,843

 
137,904,668

 
 
 
 
 
Diluted weighted-average common shares outstanding
137,777,651

 
137,865,843

 
137,904,668

 
 
 
 
 
(1)
On August 31, 2017, RLJ, RLJ LP, Rangers, Partnership Merger Sub, FelCor and FelCor LP consummated the transactions contemplated by the Merger Agreement. The change in the quarterly financial data was a result of the financial impact related to the Mergers. Refer to Note 2, Merger with RLJ, for more information on the accounting for the business combination.

 
Predecessor
 
For the year ended December 31, 2016
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total revenue
$
210,144

 
$
237,906

 
$
222,981

 
$
195,923

Net income (loss) from continuing operations
$
(4,367
)
 
$
14,400

 
$
(9,761
)
 
$
730

Loss from discontinued operations
$

 
$

 
$
(3,131
)
 
$

Net income (loss) and comprehensive income (loss) attributable to Rangers
$
(4,922
)
 
$
13,391

 
$
(5,099
)
 
$
128

Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders
$
(11,201
)
 
$
7,112

 
$
(11,378
)
 
$
(6,150
)
Basic and diluted per common share data:
 
 
 
 
 
 
 
Net income (loss) from continuing operations per share attributable to common shareholders
$
(0.08
)
 
$
0.05

 
$
(0.06
)
 
$
(0.04
)
Discontinued operations
$

 
$

 
$
(0.02
)
 
$

Net loss per share attributable to common shareholders
$
(0.08
)
 
$
0.05

 
$
(0.08
)
 
$
(0.04
)
Basic weighted-average common shares outstanding
139,677,676

 
138,181,843

 
137,463,547

 
137,243,568

Diluted weighted-average common shares outstanding
139,677,676

 
138,678,288

 
137,463,547

 
137,243,568

FelCor Lodging LP  
Quarterly Operating Results [Line Items]  
Quarterly Financial Information [Table Text Block]
FelCor LP
 
Predecessor
 
 
 
Successor
 
For the year ended December 31, 2017
 
First Quarter
 
Second Quarter
 
July 1
through
August 31
 
 
 
September 1 through September 30
(1)
 
Fourth Quarter
(1)
Total revenue
$
188,104

 
$
220,440

 
$
142,971

 
 
$
20,854

 
$
60,405

Net income (loss) from continuing operations
$
(35,475
)
 
$
(1,253
)
 
$
(54,999
)
 
 
$
4,539

 
$
6,882

Loss from discontinued operations
$

 
$

 
$
(3,415
)
 
 
$

 
$

Net income (loss) and comprehensive income (loss) attributable to FelCor LP
$
(36,097
)
 
$
(1,794
)
 
$
(59,449
)
 
 
$
4,366

 
$
(235
)
Net income (loss) and comprehensive income (loss) attributable to FelCor LP partners and common unitholders

$
(42,376
)
 
$
(8,073
)
 
$
(63,635
)
 
 
$
4,366

 
$
(235
)
Basic and diluted per common unit data:
 
 
 
 
 
 
 
 
 
 
Net loss from continuing operations per share attributable to common unitholders
$
(0.31
)
 
$
(0.06
)
 
$
(0.43
)
 
 
 
 
 
Discontinued operations
$

 
$

 
$
(0.02
)
 
 
 
 
 
Net loss per unit
$
(0.31
)
 
$
(0.06
)
 
$
(0.45
)
 
 
 
 
 
Basic weighted-average common units outstanding
138,387,834

 
138,476,026

 
138,514,851

 
 
 
 
 
Diluted weighted-average common units outstanding
138,387,834

 
138,476,026

 
138,514,851

 
 
 
 
 
(1)
On August 31, 2017, RLJ, RLJ LP, Rangers, Partnership Merger Sub, FelCor and FelCor LP consummated the transactions contemplated by the Merger Agreement. The change in the quarterly financial data was a result of the financial impact related to the Mergers. Refer to Note 2, Merger with RLJ, for more information on the accounting for the business combination.

 
Predecessor
 
For the year ended December 31, 2016
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total revenue
$
210,144

 
$
237,906

 
$
222,981

 
$
195,923

Net income (loss) from continuing operations
$
(4,367
)
 
$
14,400

 
$
(9,761
)
 
$
730

Loss from discontinued operations
$

 
$

 
$
(3,131
)
 
$

Net income (loss) and comprehensive income (loss) attributable to FelCor LP
$
(4,970
)
 
$
13,422

 
$
(5,149
)
 
$
102

Net income (loss) and comprehensive income (loss) attributable to FelCor LP and common unitholders
$
(11,249
)
 
$
7,143

 
$
(11,428
)
 
$
(6,176
)
Basic and diluted per common unit data:
 
 
 
 
 
 
 
Net income (loss) from continuing operations per share attributable to common unitholders
$
(0.08
)
 
$
0.05

 
$
(0.06
)
 
$
(0.04
)
Discontinued operations
$

 
$

 
$
(0.02
)
 
$

Net loss per unit
$
(0.08
)
 
$
0.05

 
$
(0.08
)
 
$
(0.04
)
Basic weighted-average common units outstanding
140,289,138

 
138,793,305

 
138,074,647

 
137,853,751

Diluted weighted-average common units outstanding
140,289,138

 
139,289,770

 
138,074,647

 
137,853,751