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Hotel Dispositions (Tables)
12 Months Ended
Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups
The following table includes condensed financial information primarily from these 14 hotels (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Hotel operating revenue
$
99,084

 
 
$
146,519

 
 
$
142,108

 
Operating expenses (a)
(95,233
)
 
 
(169,160
)
 
 
(142,036
)
 
Operating income (loss)
3,851

 
 
(22,641
)
 
 
72

 
Interest expense, net
(1,488
)
 
 
(2,788
)
 
 
(3,074
)
 
Debt extinguishment
(920
)
 
 

 
 
(181
)
 
Gain on sale of investment in unconsolidated entities, net
30,176

 
 

 
 

 
Other gains, net

 
 
41

 
 

 
Equity in income from unconsolidated entities
1,513

 
 
1,491

 
 
524

 
Income (loss) from continuing operations
33,132

 
 
(23,897
)
 
 
(2,659
)
 
Gain on sale of hotels, net(b)
66,762

 
 

 
 

 
Net income (loss)
99,894

 
 
(23,897
)
 
 
(2,659
)
 
Net loss (income) attributable to noncontrolling interests in other partnerships
(1,464
)
 
 
3,830

 
 
(83
)
 
Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP
(355
)
 
 
98

 
 
14

 
Net income (loss) attributable to FelCor
$
98,075

 
 
$
(19,969
)
 
 
$
(2,728
)
 
(a)
Operating expenses include impairment charges of $24.4 million for the year ended December 31, 2013.
(b)
Includes a $24.4 million gain from foreign currency translation (which we had previously recorded in accumulated other comprehensive income) when we sold our remaining Canadian hotel in the third quarter of 2014, which substantially liquidated all of our foreign investments.
Schedule of operations for the hotels included in discontinued operations
Discontinued operations include the results of operations for one hotel sold in 2014 (which was held for sale at December 31, 2013, five hotels sold in 2013, and ten hotels sold in 2012. The following table summarizes the condensed financial information for those hotels (in thousands):
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
Hotel operating revenue
 
$
730

 
 
$
33,849

 
 
$
107,637

Operating expenses(a)
 
(677
)
 
 
(34,553
)
 
 
(95,600
)
Operating income (loss) from discontinued operations
 
53

 
 
(704
)
 
 
12,037

Interest expense, net
 
(66
)
 
 
(793
)
 
 
(5,832
)
Debt extinguishment
 
(245
)
 
 

 
 
(2,767
)
Gain on involuntary conversion
 

 
 
66

 
 

Gain (loss) on sale, net
 
(102
)
 
 
19,441

 
 
54,459

Income (loss) from discontinued operations
 
$
(360
)
 
 
$
18,010

 
 
$
57,897

(a)
Operating expenses in discontinued operations include impairment charges of $4.4 million and $1.3 million for the years ended December 31, 2013 and 2012, respectively.