Hotel Dispositions (Tables)

3 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Condensed Financial Information for Discontinued Operations

Discontinued operations include the results of operations for five hotels sold in 2013 and one hotel sold in 2014 (which was held for sale as of December 31, 2013). The following table summarizes the condensed financial information for those hotels (in thousands):



	Three Months Ended
	March 31,
	2014			2013
Hotel operating revenue	$	729		$	11,754
Operating expenses	(674		)	(10,706		)
Operating income from discontinued operations	55			1,048
Interest expense, net	(66		)	(198		)
Debt extinguishment	(245		)	—
Gain on sale of hotels, net	391			—
Income from discontinued operations	$	135		$	850

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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