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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Hotel operating revenue $ 223,474 $ 232,449 $ 672,808 $ 711,750
Other revenue 1,678 1,607 7,142 3,170
Total revenues 225,152 234,056 679,950 714,920
Expenses:        
Hotel departmental expenses 78,514 82,731 236,202 255,882
Other property-related costs 55,893 59,441 170,579 183,931
Management and franchise fees 9,138 9,632 27,425 28,805
Taxes, insurance and lease expense 12,716 19,053 43,933 69,276
Corporate expenses 4,672 6,442 19,775 21,914
Depreciation and amortization 28,988 28,523 85,510 87,206
Impairment loss 20,861 0 20,861 0
Other expenses 5,807 9,746 11,446 13,874
Total operating expenses 216,589 215,568 615,731 660,888
Operating income 8,563 18,488 64,219 54,032
Interest expense, net (19,602) (21,922) (59,361) (71,644)
Debt extinguishment (13) (4,730) (30,909) (4,763)
Gain on sale of investment in unconsolidated entities, net 0 30,184 0 30,184
Gain from remeasurement of unconsolidated entities, net 0 20,733 0 20,733
Other gains, net 0 0 166 100
Income (loss) before equity in income from unconsolidated entities (11,052) 42,753 (25,885) 28,642
Equity in income from unconsolidated entities 321 1,347 7,983 4,756
Income (loss) from continuing operations before income tax expense (10,731) 44,100 (17,902) 33,398
Income tax expense (1,054) (78) (1,392) (480)
Income (loss) from continuing operations (11,785) 44,022 (19,294) 32,918
Income (loss) from discontinued operations 498 (8) 419 132
Income (loss) before gain on sale of hotels (11,287) 44,014 (18,875) 33,050
Gain on sale of hotels, net 3,154 29,556 19,491 50,639
Net income (loss) (8,133) 73,570 616 83,689
Net loss (income) attributable to noncontrolling interests in other partnerships 227 (646) (4,405) (830)
Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP 61 (185) 150 (135)
Preferred distributions - consolidated joint venture (363) (348) (1,070) (870)
Net income (loss) attributable to reporting entity (8,208) 72,391 (4,709) 81,854
Preferred dividends (6,279) (9,678) (23,860) (29,034)
Redemption of preferred stock 0 0 (6,096) 0
Net income (loss) attributable to FelCor common stockholders $ (14,487) $ 62,713 $ (34,665) $ 52,820
Basic and diluted per common share/unit data:        
Income (Loss) from Continuing Operations, Per Basic Share $ (0.10) $ 0.50 $ (0.26) $ 0.42
Earnings Per Share, Basic $ (0.10) $ 0.50 $ (0.26) $ 0.43
Weighted Average Number of Shares Outstanding, Basic 142,982 124,168 136,009 124,159
Income (Loss) from Continuing Operations, Per Diluted Share $ (0.10) $ 0.50 $ (0.26) $ 0.42
Earnings Per Share, Diluted $ (0.10) $ 0.50 $ (0.26) $ 0.42
Weighted Average Number of Shares Outstanding, Diluted 142,982 125,526 136,009 125,289
FelCor Lodging LP [Member]        
Revenues:        
Hotel operating revenue $ 223,474 $ 232,449 $ 672,808 $ 711,750
Other revenue 1,678 1,607 7,142 3,170
Total revenues 225,152 234,056 679,950 714,920
Expenses:        
Hotel departmental expenses 78,514 82,731 236,202 255,882
Other property-related costs 55,893 59,441 170,579 183,931
Management and franchise fees 9,138 9,632 27,425 28,805
Taxes, insurance and lease expense 12,716 19,053 43,933 69,276
Corporate expenses 4,672 6,442 19,775 21,914
Depreciation and amortization 28,988 28,523 85,510 87,206
Impairment loss 20,861 0 20,861 0
Other expenses 5,807 9,746 11,446 13,874
Total operating expenses 216,589 215,568 615,731 660,888
Operating income 8,563 18,488 64,219 54,032
Interest expense, net (19,602) (21,922) (59,361) (71,644)
Debt extinguishment (13) (4,730) (30,909) (4,763)
Gain on sale of investment in unconsolidated entities, net 0 30,184 0 30,184
Gain from remeasurement of unconsolidated entities, net 0 20,733 0 20,733
Other gains, net 0 0 166 100
Income (loss) before equity in income from unconsolidated entities (11,052) 42,753 (25,885) 28,642
Equity in income from unconsolidated entities 321 1,347 7,983 4,756
Income (loss) from continuing operations before income tax expense (10,731) 44,100 (17,902) 33,398
Income tax expense (1,054) (78) (1,392) (480)
Income (loss) from continuing operations (11,785) 44,022 (19,294) 32,918
Income (loss) from discontinued operations 498 (8) 419 132
Income (loss) before gain on sale of hotels (11,287) 44,014 (18,875) 33,050
Gain on sale of hotels, net 3,154 29,556 19,491 50,639
Net income (loss) (8,133) 73,570 616 83,689
Net loss (income) attributable to noncontrolling interests in other partnerships 227 (646) (4,405) (830)
Preferred distributions - consolidated joint venture (363) (348) (1,070) (870)
Net income (loss) attributable to reporting entity (8,269) 72,576 (4,859) 81,989
Preferred dividends (6,279) (9,678) (23,860) (29,034)
Redemption of preferred stock 0 0 (6,096) 0
Net income (loss) attributable to FelCor LP common unitholders $ (14,548) $ 62,898 $ (34,815) $ 52,955
Basic and diluted per common share/unit data:        
Income (Loss) from Continuing Operations, Per Basic Share $ (0.10) $ 0.50 $ (0.26) $ 0.42
Earnings Per Share, Basic $ (0.10) $ 0.50 $ (0.26) $ 0.42
Weighted Average Number of Shares Outstanding, Basic 143,594 124,781 136,621 124,774
Income (Loss) from Continuing Operations, Per Diluted Share $ (0.10) $ 0.50 $ (0.26) $ 0.42
Earnings Per Share, Diluted $ (0.10) $ 0.50 $ (0.26) $ 0.42
Weighted Average Number of Shares Outstanding, Diluted 143,594 126,164 136,621 125,916