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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Hotel operating revenue $ 256,355 $ 227,704 $ 481,848 $ 435,764
Other revenue 1,011 1,007 1,236 1,372
Total revenues 257,366 228,711 483,084 437,136
Expenses:        
Hotel departmental expenses 90,618 78,987 172,874 153,698
Other property related costs 67,646 61,222 133,946 120,862
Management and franchise fees 11,849 10,970 22,332 20,699
Taxes, insurance and lease expense 23,563 23,595 43,621 45,245
Corporate expenses 6,910 6,510 16,447 16,357
Depreciation and amortization 34,011 34,158 67,861 68,639
Impairment loss 11,706 0 11,706 0
Other expenses 1,616 801 2,247 1,362
Total operating expenses 247,919 216,243 471,034 426,862
Operating income 9,447 12,468 12,050 10,274
Interest expense, net (34,875) (35,856) (68,348) (70,582)
Debt extinguishment (23,660) 46,186 (23,905) 46,186
Gain on involuntary conversion, net 21 0 171 0
Income (loss) before equity in income (loss) from unconsolidated entities (49,067) 22,798 (80,032) (14,122)
Equity in income (loss) from unconsolidated entities 31 286 (1,552) (1,188)
Income (loss) from continuing operations (49,036) 23,084 (81,584) (15,310)
Discontinued operations 6,639 (1,094) 7,461 (25,642)
Net income (loss) (42,397) 21,990 (74,123) (40,952)
Net income attributable to noncontrolling interests in other partnerships (51) (325) (109) (96)
Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP 183 (51) 303 274
Net income (loss) attributable to FelCor (42,265) 21,614 (73,929) (40,774)
Preferred dividends (9,678) (9,678) (19,356) (19,356)
Net income (loss) attributable to FelCor common stockholders $ (51,943) $ 11,936 $ (93,285) $ (60,130)
Basic and diluted per common share data:        
Income (loss) from continuing operations $ (0.48) $ 0.19 $ (0.92) $ (0.53)
Net income (loss) $ (0.42) $ 0.17 $ (0.85) $ (0.92)
Basic and diluted weighted average common shares outstanding 122,992 66,531 109,249 65,014