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Loss Per Share/Unit
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Loss Per Share/Unit
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 Loss Per Share

 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net loss attributable to FelCor
$
(19,025
)
 
$
(22,832
)
 
$
(35,619
)
 
$
(96,761
)
Discontinued operations attributable to FelCor
(10,000
)
 
623

 
(32,372
)
 
(8,361
)
Loss from continuing operations attributable to FelCor
(29,025
)
 
(22,209
)
 
(67,991
)
 
(105,122
)
Less: Preferred dividends
(9,678
)
 
(9,678
)
 
(29,034
)
 
(29,034
)
Numerator for continuing operations attributable to FelCor common stockholders
(38,703
)
 
(31,887
)
 
(97,025
)
 
(134,156
)
Discontinued operations attributable to FelCor
10,000

 
(623
)
 
32,372

 
8,361

Numerator for basic and diluted loss attributable to FelCor common stockholders
$
(28,703
)
 
$
(32,510
)
 
$
(64,653
)
 
$
(125,795
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic and diluted loss per share
123,640

 
123,062

 
123,648

 
113,908

Basic and diluted loss per share data:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.31
)
 
$
(0.26
)
 
$
(0.78
)
 
$
(1.18
)
Discontinued operations
$
0.08

 
$
(0.01
)
 
$
0.26

 
$
0.07

Net loss
$
(0.23
)
 
$
(0.26
)
 
$
(0.52
)
 
$
(1.10
)



8.
Loss Per Share/Unit — (continued)

FelCor LP Loss Per Unit
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net loss attributable to FelCor LP
$
(19,169
)
 
$
(22,998
)
 
$
(35,948
)
 
$
(97,230
)
Discontinued operations attributable to FelCor LP
(10,050
)
 
626

 
(32,535
)
 
(8,388
)
Loss from continuing operations attributable to FelCor LP
(29,219
)
 
(22,372
)
 
(68,483
)
 
(105,618
)
 Less: Preferred distributions
(9,678
)
 
(9,678
)
 
(29,034
)
 
(29,034
)
Numerator for continuing operations attributable to FelCor LP common unitholders
(38,897
)
 
(32,050
)
 
(97,517
)
 
(134,652
)
Discontinued operations attributable to FelCor LP
10,050

 
(626
)
 
32,535

 
8,388

Numerator for basic and diluted loss attributable to FelCor common unitholders
$
(28,847
)
 
$
(32,676
)
 
$
(64,982
)
 
$
(126,264
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic and diluted loss per unit
124,266

 
123,700

 
124,278

 
114,361

Basic and diluted loss per unit data:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.31
)
 
$
(0.26
)
 
$
(0.78
)
 
$
(1.18
)
Discontinued operations
$
0.08

 
$
(0.01
)
 
$
0.26

 
$
0.07

Net loss
$
(0.23
)
 
$
(0.26
)
 
$
(0.52
)
 
$
(1.10
)


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
 
Nine Months Ended
 
September 30,
 
September 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 September 30, 2012 and 2011, and $18.8 million for the nine months ended September 30, 2012 and 2011.