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Consolidated Statements of Operations and Comprehensive Income - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating expense    
Impairment loss $ 0  
Transaction costs 1,400,000  
Interest expense (13,100,000)  
Equity in income (loss) from unconsolidated joint ventures 116,000  
Predecessor    
Operating revenue    
Room revenue   $ 144,933,000
Food and beverage revenue   32,074,000
Related party lease revenue   0
Other revenue   11,097,000
Total revenue   188,104,000
Operating expense    
Room expense   40,678,000
Food and beverage expense   26,222,000
Management and franchise fee expense   7,550,000
Other operating expense   54,388,000
Total property operating expense   128,838,000
Depreciation and amortization   27,838,000
Impairment loss   24,838,000
Property tax, insurance and other   14,689,000
General and administrative   6,940,000
Transaction costs   473,000
Total operating expense   203,616,000
Operating income (loss)   (15,512,000)
Other income   0
Interest income   33,000
Interest expense   (19,319,000)
Gain on extinguishment of indebtedness   0
Income (loss) before equity in income (loss) from unconsolidated joint ventures   (34,798,000)
Equity in income (loss) from unconsolidated joint ventures   (130,000)
Income (loss) before income tax expense   (34,928,000)
Income tax expense   (547,000)
Income (loss) from operations   (35,475,000)
Loss on sale of hotel properties   (666,000)
Net income (loss) and comprehensive income (loss)   (36,141,000)
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interest in consolidated joint ventures   (404,000)
Noncontrolling interest in FelCor LP   186,000
Preferred distributions - consolidated joint venture   (360,000)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent   (35,911,000)
Preferred dividends   (6,279,000)
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders   (42,190,000)
Rangers Sub I, LLC    
Operating revenue    
Room revenue 0  
Food and beverage revenue 0  
Related party lease revenue 53,550,000  
Other revenue 0  
Total revenue 53,550,000  
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 and amortization 20,712,000  
Impairment loss 0  
Property tax, insurance and other 14,831,000  
General and administrative 608,000  
Transaction costs 1,528,000  
Total operating expense 37,679,000  
Operating income (loss) 15,871,000  
Other income 8,000  
Interest income 30,000  
Interest expense (13,147,000)  
Gain on extinguishment of indebtedness 12,929,000  
Income (loss) before equity in income (loss) from unconsolidated joint ventures 15,691,000  
Equity in income (loss) from unconsolidated joint ventures 116,000  
Income (loss) before income tax expense 15,807,000  
Income tax expense 0  
Income (loss) from operations 15,807,000  
Loss on sale of hotel properties (9,366,000)  
Net income (loss) and comprehensive income (loss) 6,441,000  
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interest in consolidated joint ventures (76,000)  
Noncontrolling interest in FelCor LP (62,000)  
Preferred distributions - consolidated joint venture (366,000)  
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 6,089,000  
Preferred dividends 0  
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders 6,089,000  
Rangers Sub I, LLC | Predecessor    
Operating expense    
Gain on extinguishment of indebtedness   0
Equity in income (loss) from unconsolidated joint ventures   (130,000)
Net income (loss) and comprehensive income (loss)   (36,141,000)
Net loss (income) attributable to noncontrolling interests:    
Preferred dividends   $ (6,279,000)
Basic and diluted per common share data:    
Earnings Per Share, Basic and Diluted   $ (0.31)
Weighted-average number of common shares (in shares)   137,777,651
Diluted per common share data:    
Weighted-average number of common shares (in shares)   137,777,651
Dividends declared per common share (in dollars per share)   $ 0.06
FelCor Lodging LP    
Operating revenue    
Room revenue 0  
Food and beverage revenue 0  
Related party lease revenue 53,550,000  
Other revenue 0  
Total revenue 53,550,000  
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 and amortization 20,712,000  
Impairment loss 0  
Property tax, insurance and other 14,831,000  
General and administrative 608,000  
Transaction costs 1,528,000  
Total operating expense 37,679,000  
Operating income (loss) 15,871,000  
Other income 8,000  
Interest income 30,000  
Interest expense (13,147,000)  
Gain on extinguishment of indebtedness 12,929,000  
Income (loss) before equity in income (loss) from unconsolidated joint ventures 15,691,000  
Equity in income (loss) from unconsolidated joint ventures 116,000  
Income (loss) before income tax expense 15,807,000  
Income tax expense 0  
Income (loss) from continuing operations 15,807,000  
Income (loss) from operations 15,807,000  
Loss on sale of hotel properties (9,366,000)  
Net income (loss) and comprehensive income (loss) 6,441,000  
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interest in consolidated joint ventures 76,000  
Preferred distributions - consolidated joint venture (366,000)  
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 6,151,000  
Preferred dividends 0  
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders $ 6,151,000  
FelCor Lodging LP | Predecessor    
Operating revenue    
Room revenue   $ 144,933,000
Food and beverage revenue   32,074,000
Related party lease revenue   0
Other revenue   11,097,000
Total revenue   188,104,000
Operating expense    
Room expense   40,678,000
Food and beverage expense   26,222,000
Management and franchise fee expense   7,550,000
Other operating expense   54,388,000
Total property operating expense   128,838,000
Depreciation and amortization   27,838,000
Impairment loss   24,838,000
Property tax, insurance and other   14,689,000
General and administrative   6,940,000
Transaction costs   473,000
Total operating expense   203,616,000
Operating income (loss)   (15,512,000)
Other income   0
Interest income   33,000
Interest expense   (19,319,000)
Gain on extinguishment of indebtedness   0
Income (loss) before equity in income (loss) from unconsolidated joint ventures   (34,798,000)
Equity in income (loss) from unconsolidated joint ventures   (130,000)
Income (loss) before income tax expense   (34,928,000)
Income tax expense   (547,000)
Income (loss) from operations   (35,475,000)
Loss on sale of hotel properties   (666,000)
Net income (loss) and comprehensive income (loss)   (36,141,000)
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interest in consolidated joint ventures   404,000
Preferred distributions - consolidated joint venture   (360,000)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent   (36,097,000)
Preferred dividends   (6,279,000)
Net income (loss) and comprehensive income (loss) attributable to ownership interests/common shareholders   $ (42,376,000)
Basic and diluted per common share data:    
Net income per share attributable to common shareholders (in dollars per share)   $ (0.31)
Earnings Per Share, Basic and Diluted   $ (0.31)
Weighted-average number of common shares (in shares)   138,387,834
Diluted per common share data:    
Weighted-average number of common shares (in shares)   138,387,834
Dividends declared per common share (in dollars per share)   $ 0.06