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Income (Loss) Per Share/Unit
 6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Income (Loss) Per Share/Unit
Income (Loss) Per Share/Unit

The following tables set forth the computation of basic and diluted income (loss) per share/unit (in thousands, except per share/unit data):

FelCor Income (Loss) Per Share

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor
$
11,869

 
$
(42,265
)
 
$
(16,594
)
 
$
(73,929
)
Discontinued operations attributable to FelCor
(17,120
)
 
(1,843
)
 
(19,157
)
 
(4,616
)
Loss from continuing operations attributable to FelCor
(5,251
)
 
(44,108
)
 
(35,751
)
 
(78,545
)
Less: Preferred dividends
(9,678
)
 
(9,678
)
 
(19,356
)
 
(19,356
)
Less: Undistributed earnings allocated to unvested restricted stock
(10
)
 
—

 
—

 
—

Numerator for continuing operations attributable to FelCor common stockholders
(14,939
)
 
(53,786
)
 
(55,107
)
 
(97,901
)
Discontinued operations attributable to FelCor
17,120

 
1,843

 
19,157

 
4,616

Numerator for basic and diluted income (loss) attributable to FelCor common stockholders
$
2,181

 
$
(51,943
)
 
$
(35,950
)
 
$
(93,285
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic and diluted income (loss) per share
123,638

 
122,992

 
123,651

 
109,249

Basic and diluted income (loss) per share data:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.12
)
 
$
(0.44
)
 
$
(0.45
)
 
$
(0.90
)
Discontinued operations
$
0.14

 
$
0.01

 
$
0.15

 
$
0.04

Net income (loss)
$
0.02

 
$
(0.42
)
 
$
(0.29
)
 
$
(0.85
)



8.
Income (Loss) Per Share/Unit — (continued)

FelCor LP Income (Loss) Per Unit
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
11,880

 
$
(42,448
)
 
$
(16,779
)
 
$
(74,232
)
Discontinued operations attributable to FelCor LP
(17,206
)
 
(1,849
)
 
(19,253
)
 
(4,631
)
Loss from continuing operations attributable to FelCor LP
(5,326
)
 
(44,297
)
 
(36,032
)
 
(78,863
)
 Less: Preferred distributions
(9,678
)
 
(9,678
)
 
(19,356
)
 
(19,356
)
 Less: Undistributed earnings allocated to FelCor's unvested restricted stock
(10
)
 
—

 
—

 
—

Numerator for continuing operations attributable to FelCor LP common unitholders
(15,014
)
 
(53,975
)
 
(55,388
)
 
(98,219
)
Discontinued operations attributable to FelCor LP
17,206

 
1,849

 
19,253

 
4,631

Numerator for basic and diluted income (loss) attributable to FelCor LP common unitholders
$
2,192

 
$
(52,126
)
 
$
(36,135
)
 
$
(93,588
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic and diluted income (loss) per unit
124,266

 
123,425

 
124,283

 
109,608

Basic and diluted income (loss) per unit data:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.12
)
 
$
(0.44
)
 
$
(0.45
)
 
$
(0.90
)
Discontinued operations
$
0.14

 
$
0.01

 
$
0.15

 
$
0.04

Net income (loss)
$
0.02

 
$
(0.42
)
 
$
(0.29
)
 
$
(0.85
)


Securities that could potentially dilute earnings per share/unit in the future that were not included in the computation of diluted income (loss) per share/unit, because they would have been antidilutive for the periods presented, are as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Series A convertible preferred shares/units
9,985
 
9,985
 
9,985
 
9,985


Series A preferred dividends (distributions) that would be excluded from net income (loss) attributable to FelCor common stockholders (or FelCor LP common unitholders), if these Series A preferred shares/units were dilutive, were $6.3 million for the three months ended June 30, 2012 and 2011, and $12.6 million for the six months ended June 30, 2012 and 2011.