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Consolidated Statements of Operations and Comprehensive Income - USD ($)
4 Months Ended 8 Months Ended 12 Months Ended
Dec. 31, 2017
Aug. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating expense        
Total property operating expense   $ 53,930,000 $ 94,632,000 $ 132,545,000
Impairment loss $ 0 35.1 26.5 20.9
Transaction costs 4,200,000      
Operating income (loss)   (39,771,000) (24,451,000) (15,486,000)
Interest expense (19,270,340)      
Loss on debt extinguishment   0 0 (309,000)
Equity in income from unconsolidated joint ventures 661,000      
Income tax expense 0 500,000 900,000 1,200,000
Net (income) loss attributable to noncontrolling interests:        
Noncontrolling interest in consolidated joint ventures   0 0 (5,166,000)
Predecessor        
Operating expense        
Impairment loss   35,100,000 26,500,000 20,900,000
Transaction costs   68,200,000    
Interest expense   (51,700,000.0) (78,200,000) (79,100,000)
Equity in income from unconsolidated joint ventures   1,074,000 1,533,000 7,833,000
Rangers Sub I, LLC        
Operating revenue        
Room revenue 0      
Food and beverage revenue 0      
Related party lease revenue 81,259,000      
Other revenue 0      
Total revenue 81,259,000      
Operating expense        
Room expense 0      
Food and beverage expense 0      
Management and franchise fee expense 0      
Other operating expense 0      
Total property operating expense 0      
Depreciation, Depletion and Amortization 28,966,000      
Depreciation and amortization 28,965,000      
Impairment loss 0      
Property tax, insurance and other 17,062,000      
General and administrative 1,019,000      
Transaction costs 4,193,000      
Total operating expense 51,239,000      
Operating income (loss) 30,020,000      
Other income 0      
Interest income 10,000      
Interest expense (19,270,000)      
Loss on debt extinguishment 0      
Income (loss) before income tax expense 10,760,000      
Equity in income from unconsolidated joint ventures 661,000      
Income (loss) before income tax expense 11,421,000      
Income tax expense 0      
Income (loss) from continuing operations 11,421,000      
Income (loss) from discontinued operations 0      
Income (loss) before gain (loss) on sale of hotel properties 11,421,000      
(Loss) gain on sale of hotel properties (6,637,000)      
Net income (loss) and comprehensive income (loss) 4,784,000      
Net (income) loss attributable to noncontrolling interests:        
Noncontrolling interest in consolidated joint ventures 157,000      
Noncontrolling interest in FelCor LP (41,000)      
Preferred distributions - consolidated joint venture (496,000)      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 4,090,000      
Preferred dividends 0      
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders 4,090,000      
Rangers Sub I, LLC | Predecessor        
Operating revenue        
Room revenue   425,682,000 661,640,000 673,276,000
Food and beverage revenue   90,572,000 155,227,000 158,531,000
Related party lease revenue   0 0 0
Other revenue   35,261,000 50,087,000 54,447,000
Total revenue   551,515,000 866,954,000 886,254,000
Operating expense        
Room expense   112,813,000 171,883,000 172,252,000
Food and beverage expense   71,828,000 119,047,000 123,384,000
Management and franchise fee expense   19,901,000 32,935,000 35,572,000
Other operating expense   147,827,000 227,300,000 241,051,000
Total property operating expense   352,369,000 551,165,000 572,259,000
Depreciation, Depletion and Amortization   73,065,000 114,054,000 114,452,000
Depreciation and amortization   73,065,000 114,054,000 114,452,000
Impairment loss   35,109,000 26,459,000 20,861,000
Property tax, insurance and other   44,278,000 70,057,000 71,686,000
General and administrative   16,006,000 27,037,000 27,283,000
Transaction costs   68,248,000 0 0
Total operating expense   589,075,000 788,772,000 806,541,000
Operating income (loss)   (37,560,000) 78,182,000 79,713,000
Other income   100,000 342,000 166,000
Interest income   126,000 62,000 24,000
Interest expense   (51,690,000) (78,244,000) (79,142,000)
Loss on debt extinguishment   (3,278,000) 0 (30,909,000)
Income (loss) before income tax expense   (92,302,000) 342,000 (30,148,000)
Equity in income from unconsolidated joint ventures   1,074,000 1,533,000 7,833,000
Income (loss) before income tax expense   (91,228,000) 1,875,000 (22,315,000)
Income tax expense   (499,000) (873,000) (1,245,000)
Income (loss) from continuing operations   (91,727,000) 1,002,000 (23,560,000)
Income (loss) from discontinued operations   (3,415,000) (3,131,000) 669,000
Income (loss) before gain (loss) on sale of hotel properties   (95,142,000) (2,129,000) (22,891,000)
(Loss) gain on sale of hotel properties   (1,764,000) 6,322,000 19,426,000
Net income (loss) and comprehensive income (loss)   (96,906,000) 4,193,000 (3,465,000)
Net (income) loss attributable to noncontrolling interests:        
Noncontrolling interest in consolidated joint ventures   (545,000) 673,000 4,157,000
Noncontrolling interest in FelCor LP   495,000 (93,000) 194,000
Preferred distributions - consolidated joint venture   (979,000) 1,461,000 (1,437,000)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent   (96,845,000) 3,498,000 (8,865,000)
Preferred dividends   (16,744,000) (25,115,000) (36,234,000)
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders   $ (113,589,000) $ (21,617,000) $ (45,099,000)
Basic and diluted per common share data:        
Income (Loss) from Continuing Operations, Per Basic and Diluted Share   $ (0.80) $ (0.13) $ (0.33)
Net income per share attributable to common shareholders (in dollars per share)   $ (0.83) $ (0.16) $ (0.33)
Weighted-average number of common shares (in shares)   137,331,743 138,128,165 137,730,438
Diluted per common share data:        
Weighted-average number of common shares (in shares)   137,331,743 138,128,165 137,730,438
Dividends declared per common share (in dollars per share)   $ 0.0016 $ 0.0024 $ 0.0018
Amounts attributable to the Company's common shareholders:        
Income from operations   $ (93,445,000) $ 6,616,000 $ (9,539,000)
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders   (110,262,000) (18,628,000) (45,829,000)
FelCor Lodging LP        
Operating revenue        
Room revenue 0      
Food and beverage revenue 0      
Related party lease revenue 81,259,000      
Other revenue 0      
Total revenue 81,259,000      
Operating expense        
Room expense 0      
Food and beverage expense 0      
Management and franchise fee expense 0      
Other operating expense 0      
Total property operating expense 0      
Depreciation, Depletion and Amortization 28,966,000      
Depreciation and amortization 28,965,000      
Impairment loss 0      
Property tax, insurance and other 17,062,000      
General and administrative 1,019,000      
Transaction costs 4,193,000      
Total operating expense 51,239,000      
Operating income (loss) 30,020,000      
Other income 0      
Interest income 10,000      
Interest expense (19,270,000)      
Loss on debt extinguishment 0      
Income (loss) before income tax expense 10,760,000      
Equity in income from unconsolidated joint ventures 661,000      
Income (loss) before income tax expense 11,421,000      
Income tax expense 0      
Income (loss) from continuing operations 11,421,000      
Income (loss) from discontinued operations 0      
Income (loss) before gain (loss) on sale of hotel properties 11,421,000      
(Loss) gain on sale of hotel properties (6,637,000)      
Net income (loss) and comprehensive income (loss) 4,784,000      
Net (income) loss attributable to noncontrolling interests:        
Noncontrolling interest in consolidated joint ventures (157,000)      
Preferred distributions - consolidated joint venture (496,000)      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 4,131,000      
Preferred dividends 0      
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders 4,131,000      
FelCor Lodging LP | Predecessor        
Operating revenue        
Room revenue   425,682,000 661,640,000 673,276,000
Food and beverage revenue   90,572,000 155,227,000 158,531,000
Related party lease revenue   0 0 0
Other revenue   35,261,000 50,087,000 54,447,000
Total revenue   551,515,000 866,954,000 886,254,000
Operating expense        
Room expense   112,813,000 171,883,000 172,252,000
Food and beverage expense   71,828,000 119,047,000 123,384,000
Management and franchise fee expense   19,901,000 32,935,000 35,572,000
Other operating expense   147,827,000 227,300,000 241,051,000
Total property operating expense   352,369,000 551,165,000 572,259,000
Depreciation, Depletion and Amortization   73,065,000 114,054,000 114,452,000
Depreciation and amortization $ 28,965,000 73,065,000 114,054,000 114,452,000
Impairment loss   35,109,000 26,459,000 20,861,000
Property tax, insurance and other   44,278,000 70,057,000 71,686,000
General and administrative   16,006,000 27,037,000 27,283,000
Transaction costs   68,248,000 0 0
Total operating expense   589,075,000 788,772,000 806,541,000
Operating income (loss)   (37,560,000) 78,182,000 79,713,000
Other income   100,000 342,000 166,000
Interest income   126,000 62,000 24,000
Interest expense   (51,690,000) (78,244,000) (79,142,000)
Loss on debt extinguishment   (3,278,000) 0 (30,909,000)
Income (loss) before income tax expense   (92,302,000) 342,000 (30,148,000)
Equity in income from unconsolidated joint ventures   1,074,000 1,533,000 7,833,000
Income (loss) before income tax expense   (91,228,000) 1,875,000 (22,315,000)
Income tax expense   (499,000) (873,000) (1,245,000)
Income (loss) from continuing operations   (91,727,000) 1,002,000 (23,560,000)
Income (loss) from discontinued operations   (3,415,000) (3,131,000) 669,000
Income (loss) before gain (loss) on sale of hotel properties   (95,142,000) (2,129,000) (22,891,000)
(Loss) gain on sale of hotel properties   (1,764,000) 6,322,000 19,426,000
Net income (loss) and comprehensive income (loss)   (96,906,000) 4,193,000 (3,465,000)
Net (income) loss attributable to noncontrolling interests:        
Noncontrolling interest in consolidated joint ventures   545,000 673,000 (4,157,000)
Preferred distributions - consolidated joint venture   (979,000) (1,461,000) (1,437,000)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent   (97,340,000) 3,405,000 (9,059,000)
Preferred dividends   (16,744,000) (25,115,000) (36,234,000)
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders   $ (114,084,000) $ (21,710,000) $ (45,293,000)
Basic and diluted per common share data:        
Income (Loss) from Continuing Operations, Per Basic and Diluted Share   $ (0.80) $ (0.13) $ (0.33)
Net income per share attributable to common shareholders (in dollars per share)   $ (0.83) $ (0.16) $ (0.33)
Weighted-average number of common shares (in shares)   137,941,926 138,739,214 138,341,900
Diluted per common share data:        
Weighted-average number of common shares (in shares)   137,941,926 138,739,214 138,341,900
Dividends declared per common share (in dollars per share)   $ 0.0016 $ 0.0024 $ 0.0018
Amounts attributable to the Company's common shareholders:        
Income from operations   $ (93,925,000) $ 6,536,000 $ (9,736,000)
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders   $ (110,742,000) $ (18,708,000) $ (46,026,000)