XML 106 R49.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income (loss) Per Share/Unit (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Line Items]  
Schedule of Computation of Basic and Diluted 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
 
Year Ended December 31,
 
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
Net income (loss) attributable to FelCor
$
92,099

 
$
(61,504
)
 
$
(128,007
)
Discontinued operations attributable to FelCor
359

 
(16,963
)
 
(57,515
)
Income (loss) from continuing operations attributable to FelCor
92,458

 
(78,467
)
 
(185,522
)
Less: Preferred dividends
(38,712
)
 
(38,713
)
 
(38,713
)
Less: Dividends declared on unvested restricted stock
(8
)
 

 

Less: Undistributed earnings allocated to unvested restricted stock
(20
)
 

 

Numerator for continuing operations attributable to FelCor common stockholders
53,718

 
(117,180
)
 
(224,235
)
Discontinued operations attributable to FelCor
(359
)
 
16,963

 
57,515

Numerator for basic and diluted income (loss) attributable to FelCor common stockholders
$
53,359

 
$
(100,217
)
 
$
(166,720
)
Denominator:
 
 
 
 
 
Denominator for basic income (loss) per share
124,158

 
123,818

 
123,634

Denominator for diluted income (loss) per share
124,892

 
123,818

 
123,634

Basic and diluted income (loss) per share data:
 
 
 
 
 
Income (loss) from continuing operations
$
0.43

 
$
(0.95
)
 
$
(1.81
)
Discontinued operations
$

 
$
0.14

 
$
0.47

Net income (loss)
$
0.43

 
$
(0.81
)
 
$
(1.35
)
Schedule Securities Excluded from Computation of Earnings Per Share
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 (unaudited, in thousands):

 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
Series A convertible preferred shares/units
 
9,984

 
9,985

 
9,985

FelCor restricted stock units
 

 
547

 

FelCor Lodging LP [Member]  
Earnings Per Share [Line Items]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share/Unit
FelCor LP Income (Loss) Per Unit

 
Year Ended December 31,
 
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
92,236

 
$
(62,001
)
 
$
(128,849
)
Discontinued operations attributable to FelCor LP
360

 
(17,047
)
 
(57,804
)
Income (loss) from continuing operations attributable to FelCor LP
92,596

 
(79,048
)
 
(186,653
)
Less: Preferred distributions
(38,712
)
 
(38,713
)
 
(38,713
)
Less: Distributions declared on FelCor unvested restricted stock
(8
)
 

 

Less: Undistributed earnings allocated to FelCor unvested restricted stock
(20
)
 

 

Numerator for continuing operations attributable to FelCor LP common unitholders
53,856

 
(117,761
)
 
(225,366
)
Discontinued operations attributable to FelCor LP
(360
)
 
17,047

 
57,804

Numerator for basic and diluted income (loss) attributable to FelCor LP common unitholders
$
53,496

 
$
(100,714
)
 
$
(167,562
)
Denominator:
 
 
 
 
 
Denominator for basic income (loss) per unit
124,772

 
124,437

 
124,262

Denominator for diluted income (loss) per unit
125,511

 
124,437

 
124,262

Basic and diluted income (loss) per unit data:
 
 
 
 
 
Income (loss) from continuing operations
$
0.43

 
$
(0.95
)
 
$
(1.81
)
Discontinued operations
$

 
$
0.14

 
$
0.47

Net income (loss)
$
0.43

 
$
(0.81
)
 
$
(1.35
)