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Dispositions
12 Months Ended
Dec. 31, 2015
Discontinued Operations And Disposal Groups [Abstract]  
Dispositions

10.

Dispositions

We disposed of eight hotels in 2015, five hotels in 2014, and five hotels in 2013. Effective January 1, 2014, we adopted ASU 2014-08, Reporting for Discontinued Operations. As a result, operations and any gain or loss on sale of hotels sold subsequent to December 31, 2013 will generally continue to be reported in continuing operations. The results of properties sold in 2013, including the gain on sale, will continue to be reported in discontinued operations.

 

The following table provides summary results of operations for the eight hotels sold in 2015 and five hotels sold in 2014, which are included in continuing operations (in millions):

 

 

Year ended December 31,

 

 

 

2015

 

 

2014

 

Revenues

 

$

60

 

 

$

197

 

Income before taxes

 

 

5

 

 

 

12

 

Gain on disposals

 

 

89

 

 

 

229

 

The following table provides summary results of operations for the five hotels sold in 2013, which are included in discontinued operations (in millions):

 

 

 

Year ended December 31,

 

 

 

2013

 

Revenues

 

$

104

 

Income before taxes

 

 

22

 

Gain on disposals, net of tax

 

 

97

 

 

Net income attributable to Host Inc. is allocated between continuing and discontinued operations as follows (in millions):

 

 

 

Year ended December 31,

 

 

 

2013

 

Continuing operations, net of tax

 

$

203

 

Discontinued operations, net of tax

 

 

114

 

Net income attributable to Host Inc.

 

$

317

 

Net income attributable to Host L.P. is allocated between continuing and discontinued operations as follows (in millions):

 

 

 

Year ended December 31,

 

 

 

2013

 

Continuing operations, net of tax

 

$

206

 

Discontinued operations, net of tax

 

 

115

 

Net income attributable to Host L.P.

 

$

321