XML 62 R49.htm IDEA: XBRL DOCUMENT v3.19.2
FelCor LP's Consolidating Financial Information - Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jan. 01, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Condensed Financial Statements, Captions [Line Items]              
Investment in hotel properties, net $ 1,948,414     $ 2,123,423      
Restricted cash reserves 5,100     3,200      
Lease right-of-use assets     $ 84,913 0      
Debt, net $ 717,715     626,628      
Accounts payable and other liabilities     32,341 43,389      
Operating Lease, Liability     $ 49,701 0      
FelCor Lodging LP              
Condensed Financial Statements, Captions [Line Items]              
Percentage of subsidiary guarantor owned by company 100.00%            
Equity investment in consolidated entities $ 0     0      
Investment in hotel properties, net 1,948,414     2,123,423      
Investment in unconsolidated joint ventures 15,803     15,716      
Cash and cash equivalents 13,715     21,351      
Restricted cash reserves 5,081     3,211      
Related party rent receivable 30,311     16,501      
Lease right-of-use assets 82,786     0      
Intangible assets, net       46,260      
Prepaid expense and other assets 5,531     6,552      
Related Party Prepaid Interest 178     180      
Total assets 2,101,819     2,233,194      
Debt, net 717,715     626,628      
Notes Payable, Related Parties 85,000     85,000      
Accounts payable and other liabilities 28,697     43,389      
Related party lease termination fee payable 712     0      
Operating Lease, Liability 48,965     0      
Accrued interest 2,463     2,463      
Distributions payable 0     126      
Total liabilities 883,552     757,606      
Partnership interests 1,209,931     1,425,099      
Total partners' capital, excluding noncontrolling interest 1,209,931     1,425,099      
Noncontrolling interest in consolidated joint ventures 8,336     6,059      
Preferred capital in a consolidated joint venture 0     44,430      
Total equity 1,218,267 $ 1,469,929   1,475,588 $ 1,771,031 $ 1,766,455 $ 1,370,359
Total liabilities and equity 2,101,819     2,233,194      
FelCor Lodging LP | Eliminations              
Condensed Financial Statements, Captions [Line Items]              
Equity investment in consolidated entities (1,703,019)     (1,913,418)      
Investment in hotel properties, net 0     0      
Investment in unconsolidated joint ventures 0     0      
Cash and cash equivalents 0     0      
Restricted cash reserves 0     0      
Related party rent receivable 0     0      
Lease right-of-use assets 0            
Intangible assets, net       0      
Prepaid expense and other assets 0     0      
Related Party Prepaid Interest 0     0      
Total assets (1,703,019)     (1,913,418)      
Debt, net (32,709)     (32,709)      
Notes Payable, Related Parties 0     0      
Accounts payable and other liabilities 0     0      
Related party lease termination fee payable 0            
Operating Lease, Liability 0            
Accrued interest 0     0      
Distributions payable       0      
Total liabilities (32,709)     (32,709)      
Partnership interests (1,670,310)     (1,880,709)      
Total partners' capital, excluding noncontrolling interest (1,670,310)     (1,880,709)      
Noncontrolling interest in consolidated joint ventures 0     0      
Preferred capital in a consolidated joint venture       0      
Total equity (1,670,310)     (1,880,709)      
Total liabilities and equity (1,703,019)     (1,913,418)      
FelCor Lodging LP | Parent Company              
Condensed Financial Statements, Captions [Line Items]              
Equity investment in consolidated entities 1,703,019     1,913,418      
Investment in hotel properties, net 0     0      
Investment in unconsolidated joint ventures 15,803     15,716      
Cash and cash equivalents 1,526     10,778      
Restricted cash reserves 444     441      
Related party rent receivable 0     0      
Lease right-of-use assets 4,665            
Intangible assets, net       0      
Prepaid expense and other assets 1,820     1,819      
Related Party Prepaid Interest 0     0      
Total assets 1,727,277     1,942,172      
Debt, net 502,959     505,322      
Notes Payable, Related Parties 0     0      
Accounts payable and other liabilities 7,069     9,288      
Related party lease termination fee payable 0            
Operating Lease, Liability 4,855            
Accrued interest 2,463     2,463      
Distributions payable       0      
Total liabilities 517,346     517,073      
Partnership interests 1,209,931     1,425,099      
Total partners' capital, excluding noncontrolling interest 1,209,931     1,425,099      
Noncontrolling interest in consolidated joint ventures 0     0      
Preferred capital in a consolidated joint venture       0      
Total equity 1,209,931     1,425,099      
Total liabilities and equity 1,727,277     1,942,172      
FelCor Lodging LP | Subsidiary Guarantors              
Condensed Financial Statements, Captions [Line Items]              
Equity investment in consolidated entities 0     0      
Investment in hotel properties, net 563,919     656,570      
Investment in unconsolidated joint ventures 0     0      
Cash and cash equivalents 0     0      
Restricted cash reserves 0     0      
Related party rent receivable 10,157     3,666      
Lease right-of-use assets 68,475            
Intangible assets, net       46,260      
Prepaid expense and other assets 650     1,297      
Related Party Prepaid Interest 0     0      
Total assets 643,201     707,793      
Debt, net 24,680     0      
Notes Payable, Related Parties 0     0      
Accounts payable and other liabilities 12,550     14,376      
Related party lease termination fee payable 344            
Operating Lease, Liability 26,191            
Accrued interest 0     0      
Distributions payable       0      
Total liabilities 63,765     14,376      
Partnership interests 579,436     693,417      
Total partners' capital, excluding noncontrolling interest 579,436     693,417      
Noncontrolling interest in consolidated joint ventures 0     0      
Preferred capital in a consolidated joint venture       0      
Total equity 579,436     693,417      
Total liabilities and equity 643,201     707,793      
FelCor Lodging LP | Non-Guarantor Subsidiaries              
Condensed Financial Statements, Captions [Line Items]              
Equity investment in consolidated entities 0     0      
Investment in hotel properties, net 1,384,495     1,466,853      
Investment in unconsolidated joint ventures 0     0      
Cash and cash equivalents 12,189     10,573      
Restricted cash reserves 4,637     2,770      
Related party rent receivable 20,154     12,835      
Lease right-of-use assets 9,646            
Intangible assets, net       0      
Prepaid expense and other assets 3,061     3,436      
Related Party Prepaid Interest 178     180      
Total assets 1,434,360     1,496,647      
Debt, net 222,785     154,015      
Notes Payable, Related Parties 85,000     85,000      
Accounts payable and other liabilities 9,078     19,725      
Related party lease termination fee payable 368            
Operating Lease, Liability 17,919            
Accrued interest 0     0      
Distributions payable       126      
Total liabilities 335,150     258,866      
Partnership interests 1,090,874     1,187,292      
Total partners' capital, excluding noncontrolling interest 1,090,874     1,187,292      
Noncontrolling interest in consolidated joint ventures 8,336     6,059      
Preferred capital in a consolidated joint venture       44,430      
Total equity 1,099,210     1,237,781      
Total liabilities and equity $ 1,434,360     $ 1,496,647