XML 51 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings (Loss) per Common Share/Unit (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share/Unit
The computation of basic and diluted earnings (loss) per common share (unit) is as follows (in thousands, except share/unit and per share/unit data):

Rangers Loss Per Common Share
 
Predecessor
 
January 1
through
August 31,
 
For the
year ended December 31,
 
2017
 
2016
Numerator:
 
 
 
Net (loss) income attributable to Rangers
$
(96,845
)
 
$
3,498

Discontinued operations attributable to Rangers
3,400

 
3,118

(Loss) income from continuing operations attributable to Rangers
(93,445
)
 
6,616

Less: Preferred dividends
(16,744
)
 
(25,115
)
Less: Dividends paid on unvested restricted stock
(73
)
 
(129
)
Numerator for the loss from continuing operations attributable to Rangers common stockholders
(110,262
)
 
(18,628
)
Numerator for the discontinued operations attributable to Rangers common stockholders
(3,400
)
 
(3,118
)
Numerator for the loss attributable to Rangers common stockholders excluding amounts attributable to unvested restricted stock
$
(113,662
)
 
$
(21,746
)
 
 
 
 
Denominator:
 
 
 
Weighted-average number of common shares - basic
137,331,743

 
138,128,165

Unvested restricted stock units

 

Weighted-average number of common shares - diluted
137,331,743

 
138,128,165

 
 
 
 
Basic and diluted loss per share:
 
 
 
Loss from continuing operations
$
(0.80
)
 
$
(0.13
)
Discontinued operations
$
(0.02
)
 
$
(0.02
)
Net loss
$
(0.83
)
 
$
(0.16
)

FelCor LP Loss Per Common Unit
 
Predecessor
 
January 1
through
August 31,
 
For the
year ended December 31,
 
2017
 
2016
Numerator:
 
 
 
Net (loss) income attributable to FelCor LP
$
(97,340
)
 
$
3,405

Discontinued operations attributable to FelCor LP
3,415

 
3,131

(Loss) income from continuing operations attributable to FelCor LP
(93,925
)
 
6,536

Less: Preferred distributions
(16,744
)
 
(25,115
)
Less: Distributions paid on FelCor unvested restricted stock
(73
)
 
(129
)
Numerator for the loss from continuing operations attributable to FelCor LP common unitholders
(110,742
)
 
(18,708
)
Numerator for the discontinued operations attributable to FelCor LP common unitholders
(3,415
)
 
(3,131
)
Numerator for the net loss attributable to FelCor LP common unitholders excluding amounts attributable to FelCor unvested restricted stock
$
(114,157
)
 
$
(21,839
)
 
 
 
 
Denominator:
 
 
 
Weighted-average number of common units - basic
137,941,926

 
138,739,214

Unvested restricted stock units

 

Weighted-average number of common units - diluted
137,941,926

 
138,739,214

 
 
 
 
Basic and diluted loss per unit:
 
 
 
Loss from continuing operations
$
(0.80
)
 
$
(0.13
)
Discontinued operations
$
(0.02
)
 
$
(0.02
)
Net loss
$
(0.83
)
 
$
(0.16
)