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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
4 Months Ended 8 Months Ended 12 Months Ended
Dec. 31, 2017
Aug. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Adjustments to reconcile net income (loss) to cash flow provided by operating activities:        
Equity in income from unconsolidated entities $ (661)      
Loss on debt extinguishment   $ 0 $ 0 $ 309
Predecessor        
Adjustments to reconcile net income (loss) to cash flow provided by operating activities:        
Amortization of deferred financing costs   2,800 4,000 5,400
Equity in income from unconsolidated entities   (1,074) (1,533) (7,833)
Equity based severance   8,400 2,900 1,400
Rangers Sub I, LLC        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18,031 64,434    
Cash flows from operating activities        
Net income (loss) 4,784      
Adjustments to reconcile net income (loss) to cash flow provided by operating activities:        
Loss (gain) on sale of hotel properties and other assets, net 6,637      
Depreciation and amortization 28,966      
Amortization of deferred financing costs 23      
Amortization of fair value adjustments (2,660)      
Equity in income from unconsolidated entities (661)      
Distributions of income from unconsolidated joint ventures 1,500      
Amortization of share-based compensation 0      
Equity based severance 0      
Loss on debt extinguishment 0      
Impairment 0      
Changes in assets and liabilities:        
Increase (Decrease) in Related Party Rent Receivable 80,090      
Hotel and other receivables, net 0      
Prepaid expense and other assets (449)      
Accounts payable and other liabilities (19,876)      
Advance deposits and deferred revenue 0      
Accrued interest (10,326)      
Net cash flow (used in) provided by operating activities (72,152)      
Cash flows from investing activities        
Acquisition of land 0      
Proceeds from the sale of hotel properties, net 165,893      
Improvements and additions to hotel properties (23,637)      
Additions to property and equipment 0      
Insurance proceeds 0      
Distributions from unconsolidated entities 0      
Payments for Advance to Affiliate 0      
Net cash flow provided by investing activities 142,256      
Cash flows from financing activities        
Proceeds from borrowings 0      
Repayments of borrowings (2,164)      
Repurchase of common units 0      
Repurchase of common shares to satisfy employee withholdings 0      
Contributions from members 130,076      
Distributions to members (187,616)      
Distribution of cash in FelCor TRS (51,867)      
Distributions on preferred shares (4,186)      
Redemption of preferred units 0      
Distributions on common shares 0      
Distributions on Operating Partnership units 0      
Payments of deferred financing costs (254)      
Distributions to noncontrolling interests 0      
Contributions from noncontrolling interests 0      
Preferred distributions - consolidated joint venture (496)      
Net proceeds from the issuance of preferred equity in a consolidated joint venture 0      
Proceeds from Issuance of Common Stock 0      
Net cash flow used in financing activities (116,507)      
Effect of exchange rate changes on cash 0      
Net change in cash, cash equivalents, and restricted cash reserves (46,403)      
Rangers Sub I, LLC | Predecessor        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents   64,434 66,808 77,488
Cash flows from operating activities        
Net income (loss)   (96,906) 4,193 (3,465)
Adjustments to reconcile net income (loss) to cash flow provided by operating activities:        
Loss (gain) on sale of hotel properties and other assets, net   5,079 (3,534) (20,250)
Depreciation and amortization   73,065 114,054 114,452
Amortization of deferred financing costs   2,803 3,973 5,425
Amortization of fair value adjustments   0 0 0
Equity in income from unconsolidated entities   (1,074) (1,533) (7,833)
Distributions of income from unconsolidated joint ventures   333 1,209 6,051
Amortization of share-based compensation   3,833 6,638 7,121
Equity based severance   8,372 2,891 1,352
Loss on debt extinguishment   3,278 0 30,909
Impairment   35,109 26,459 20,861
Changes in assets and liabilities:        
Increase (Decrease) in Related Party Rent Receivable   0 0 0
Hotel and other receivables, net   (6,155) (3,761) 611
Prepaid expense and other assets   2,954 (10,063) 1,639
Accounts payable and other liabilities   54,361 (4,353) (11,607)
Advance deposits and deferred revenue   4,426 (1,025) 2,009
Accrued interest   9,862 (228) (612)
Net cash flow (used in) provided by operating activities   99,340 134,920 146,663
Cash flows from investing activities        
Acquisition of land   0 (8,226) 0
Proceeds from the sale of hotel properties, net   73,416 100,970 187,949
Improvements and additions to hotel properties   (63,802) (74,264) (48,436)
Additions to property and equipment   0 0 (33,525)
Insurance proceeds   0 341 477
Distributions from unconsolidated entities   840 1,586 7,317
Payments for Advance to Affiliate   0 0 (15)
Net cash flow provided by investing activities   10,454 20,407 113,767
Cash flows from financing activities        
Proceeds from borrowings   66,000 85,000 1,025,438
Repayments of borrowings   (121,691) (158,662) (1,203,809)
Repurchase of common units   0 (30,462) (14,362)
Repurchase of common shares to satisfy employee withholdings   (6,434) (2,750) (2,054)
Contributions from members   0 0 0
Distributions to members   0 0 0
Distribution of cash in FelCor TRS   0 0 0
Distributions on preferred shares   (18,836) (25,115) (32,404)
Redemption of preferred units   0 0 (169,986)
Distributions on common shares   (30,926) (33,606) (22,385)
Distributions on Operating Partnership units   (134) (147) (93)
Payments of deferred financing costs   0 (12) (14,952)
Distributions to noncontrolling interests   (150) (16) (17,595)
Contributions from noncontrolling interests   333 636 2,809
Preferred distributions - consolidated joint venture   (977) (1,461) (1,431)
Net proceeds from the issuance of preferred equity in a consolidated joint venture   647 597 1,744
Proceeds from Issuance of Common Stock   0 0 198,648
Net cash flow used in financing activities   (112,168) (165,998) (250,432)
Effect of exchange rate changes on cash   0 (9) (153)
Net change in cash, cash equivalents, and restricted cash reserves   (2,374) (10,680) 9,845
FelCor Lodging LP        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18,031 64,434    
Cash flows from operating activities        
Net income (loss) 4,784      
Adjustments to reconcile net income (loss) to cash flow provided by operating activities:        
Loss (gain) on sale of hotel properties and other assets, net 6,637      
Depreciation and amortization 28,966      
Amortization of deferred financing costs 23      
Amortization of fair value adjustments (2,660)      
Equity in income from unconsolidated entities (661)      
Distributions of income from unconsolidated joint ventures 1,500      
Amortization of share-based compensation 0      
Equity based severance 0      
Loss on debt extinguishment 0      
Impairment 0      
Changes in assets and liabilities:        
Increase (Decrease) in Related Party Rent Receivable 80,090      
Hotel and other receivables, net 0      
Prepaid expense and other assets (449)      
Accounts payable and other liabilities (19,876)      
Advance deposits and deferred revenue 0      
Accrued interest (10,326)      
Net cash flow (used in) provided by operating activities (72,152)      
Cash flows from investing activities        
Acquisition of land 0      
Proceeds from the sale of hotel properties, net 165,893      
Improvements and additions to hotel properties (23,637)      
Additions to property and equipment 0      
Insurance proceeds 0      
Distributions from unconsolidated entities 0      
Payments for Advance to Affiliate 0      
Net cash flow provided by investing activities 142,256      
Cash flows from financing activities        
Proceeds from borrowings 0      
Repayments of borrowings (2,164)      
Repurchase of common units 0      
Repurchase of common shares to satisfy employee withholdings 0      
Contributions from members 130,076      
Distributions to members (187,616)      
Distribution of cash in FelCor TRS (51,867)      
Distributions on preferred shares (4,186)      
Redemption of preferred units 0      
Distributions on common shares 0      
Distributions on Operating Partnership units 0      
Payments of deferred financing costs (254)      
Distributions to noncontrolling interests 0      
Contributions from noncontrolling interests 0      
Preferred distributions - consolidated joint venture (496)      
Net proceeds from the issuance of preferred equity in a consolidated joint venture 0      
Proceeds from Issuance of Common Stock 0      
Net cash flow used in financing activities (116,507)      
Effect of exchange rate changes on cash 0      
Net change in cash, cash equivalents, and restricted cash reserves (46,403)      
FelCor Lodging LP | Predecessor        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents   64,434 66,808 77,488
Cash flows from operating activities        
Net income (loss)   (96,906) 4,193 (3,465)
Adjustments to reconcile net income (loss) to cash flow provided by operating activities:        
Loss (gain) on sale of hotel properties and other assets, net   5,079 (3,534) (20,250)
Depreciation and amortization   73,065 114,054 114,452
Amortization of deferred financing costs   2,803 3,973 5,425
Amortization of fair value adjustments $ 0 0   0
Equity in income from unconsolidated entities   (1,074) (1,533) (7,833)
Distributions of income from unconsolidated joint ventures   333 1,209 6,051
Amortization of share-based compensation   3,833 6,638 7,121
Equity based severance   8,372 2,891 1,352
Loss on debt extinguishment   3,278 0 30,909
Impairment   35,109 26,459 20,861
Changes in assets and liabilities:        
Increase (Decrease) in Related Party Rent Receivable   0 0 0
Hotel and other receivables, net   (6,155) (3,761) 611
Prepaid expense and other assets   2,954 (10,063) 1,639
Accounts payable and other liabilities   54,361 (4,353) (11,607)
Advance deposits and deferred revenue   4,426 (1,025) 2,009
Accrued interest   9,862 (228) (612)
Net cash flow (used in) provided by operating activities   99,340 134,920 146,663
Cash flows from investing activities        
Acquisition of land   0 (8,226) 0
Proceeds from the sale of hotel properties, net   73,416 100,970 187,949
Improvements and additions to hotel properties   (63,802) (74,264) (48,436)
Additions to property and equipment   0 0 (33,525)
Insurance proceeds   0 341 477
Distributions from unconsolidated entities   840 1,586 7,317
Payments for Advance to Affiliate   0 0 (15)
Net cash flow provided by investing activities   10,454 20,407 113,767
Cash flows from financing activities        
Proceeds from borrowings   66,000 85,000 1,025,438
Repayments of borrowings   (121,691) (158,662) (1,203,809)
Repurchase of common units   0 (30,462) (14,362)
Repurchase of common shares to satisfy employee withholdings   (6,434) (2,750) (2,054)
Contributions from members   0 0 0
Distributions to members   0 0 0
Distribution of cash in FelCor TRS   0 0 0
Distributions on preferred shares   (18,836) (25,115) (32,404)
Redemption of preferred units   0 0 (169,986)
Distributions on common shares   (30,926) (33,606) (22,385)
Distributions on Operating Partnership units   (134) (147) (93)
Payments of deferred financing costs   0 (12) (14,952)
Distributions to noncontrolling interests   (150) (16) (17,595)
Contributions from noncontrolling interests   333 636 2,809
Preferred distributions - consolidated joint venture   (977) (1,461) (1,431)
Net proceeds from the issuance of preferred equity in a consolidated joint venture   647 597 1,744
Proceeds from Issuance of Common Stock   0 0 198,648
Net cash flow used in financing activities   (112,168) (165,998) (250,432)
Effect of exchange rate changes on cash   0 (9) (153)
Net change in cash, cash equivalents, and restricted cash reserves   $ (2,374) $ (10,680) $ 9,845