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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ 616 $ 83,689
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 85,510 87,206
Gain on sale of hotels and other assets, net (20,065) (51,129)
Gain on sale of investment in unconsolidated entities, net 0 (30,184)
Gain from remeasurement of unconsolidated entities, net 0 (20,733)
Amortization of deferred financing fees and debt discount 4,085 8,136
Amortization of fixed stock and directors’ compensation 5,214 4,490
Equity based severance 1,352 0
Equity in income from unconsolidated entities (7,983) (4,756)
Distributions of income from unconsolidated entities 5,680 3,394
Debt extinguishment 30,909 5,008
Impairment loss 20,861 0
Changes in assets and liabilities:    
Accounts receivable (9,696) 271
Other assets 1,529 (4,834)
Accrued expenses and other liabilities (3,958) 7,107
Net cash flow provided by operating activities 114,054 87,665
Cash flows from investing activities:    
Improvements and additions to hotels (35,979) (65,547)
Hotel development (31,599) (63,381)
Net proceeds from asset sales 190,035 119,991
Proceeds from unconsolidated joint venture transaction 0 4,032
Change in restricted cash – investing (4,204) 42,964
Insurance proceeds 274 255
Distributions from unconsolidated entities in excess of earnings 6,460 10,658
Net cash flow provided by investing activities 124,987 48,972
Cash flows from financing activities:    
Proceeds from borrowings 979,000 439,607
Repayment of borrowings (1,166,693) (553,867)
Payment of deferred financing fees (14,348) (3,052)
Acquisition of noncontrolling interest 0 (5,850)
Distributions paid to noncontrolling interests (16,294) (8,634)
Contributions from noncontrolling interests 2,544 5,508
Distributions paid to FelCor LP limited partners (68) (31)
Distributions paid to preferred stockholders (26,125) (29,034)
Redemption of preferred stock (169,986) 0
Preferred distributions - consolidated joint venture (1,070) (757)
Distributions paid to common stockholders (16,498) (7,453)
Net proceeds from issuance of preferred equity - consolidated joint venture 1,744 41,443
Net proceeds from common stock issuance 198,651 0
Net cash flow used in financing activities (229,143) (122,120)
Effect of exchange rate changes on cash (134) (52)
Net change in cash and cash equivalents 9,764 14,465
Cash and cash equivalents at beginning of periods 47,147 45,645
Cash and cash equivalents at end of periods 56,911 60,110
Supplemental cash flow information – interest paid, net of capitalized interest 55,215 67,187
Non-Guarantor Subsidiaries [Member]    
Cash flows from operating activities:    
Net income (loss) 59,812 47,312
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of investment in unconsolidated entities, net   0
Gain from remeasurement of unconsolidated entities, net   0
Equity in income from unconsolidated entities 34 34
Changes in assets and liabilities:    
Net cash flow provided by operating activities 94,271 67,135
Cash flows from investing activities:    
Improvements and additions to hotels (14,302) (28,453)
Hotel development (31,599) (63,381)
Net proceeds from asset sales 190,454 107,084
Proceeds from unconsolidated joint venture transaction   878
Change in restricted cash – investing (2,240) 44,747
Insurance proceeds 0 0
Net cash flow provided by investing activities 142,313 60,875
Cash flows from financing activities:    
Proceeds from borrowings 504,000 439,607
Repayment of borrowings (621,240) (317,129)
Payment of deferred financing fees (5,848) (3,048)
Acquisition of noncontrolling interest   (5,850)
Distributions paid to noncontrolling interests (15,893) (7,950)
Contributions from noncontrolling interests 2,031 4,607
Redemption of preferred stock 0  
Distributions paid to common stockholders 0 0
Net proceeds from issuance of preferred equity - consolidated joint venture 1,744 41,443
Net proceeds from common unit issuance 0  
Net cash flow used in financing activities (243,097) (131,233)
Effect of exchange rate changes on cash 0 0
Net change in cash and cash equivalents (6,513) (3,223)
Cash and cash equivalents at beginning of periods 8,507 7,135
Cash and cash equivalents at end of periods 1,994 3,912
FelCor Lodging LP [Member]    
Cash flows from operating activities:    
Net income (loss) 616 83,689
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 85,510 87,206
Gain on sale of hotels and other assets, net (20,065) (51,129)
Gain on sale of investment in unconsolidated entities, net 0 (30,184)
Gain from remeasurement of unconsolidated entities, net 0 (20,733)
Amortization of deferred financing fees and debt discount 4,085 8,136
Amortization of fixed stock and directors’ compensation 5,214 4,490
Equity based severance 1,352 0
Equity in income from unconsolidated entities (7,983) (4,756)
Distributions of income from unconsolidated entities 5,680 3,394
Debt extinguishment 30,909 5,008
Impairment loss 20,861 0
Changes in assets and liabilities:    
Accounts receivable (9,696) 271
Other assets 1,529 (4,834)
Accrued expenses and other liabilities (3,958) 7,107
Net cash flow provided by operating activities 114,054 87,665
Cash flows from investing activities:    
Improvements and additions to hotels (35,979) (65,547)
Hotel development (31,599) (63,381)
Net proceeds from asset sales 190,035 119,991
Proceeds from unconsolidated joint venture transaction 0 4,032
Change in restricted cash – investing (4,204) 42,964
Insurance proceeds 274 255
Distributions from unconsolidated entities in excess of earnings 6,460 10,658
Net cash flow provided by investing activities 124,987 48,972
Cash flows from financing activities:    
Proceeds from borrowings 979,000 439,607
Repayment of borrowings (1,166,693) (553,867)
Payment of deferred financing fees (14,348) (3,052)
Acquisition of noncontrolling interest 0 (5,850)
Distributions paid to noncontrolling interests (16,294) (8,634)
Contributions from noncontrolling interests 2,544 5,508
Distributions paid to FelCor LP limited partners (68) (31)
Distributions paid to preferred stockholders (26,125) (29,034)
Redemption of preferred stock (169,986) 0
Preferred distributions - consolidated joint venture (1,070) (757)
Distributions paid to common stockholders (16,498) (7,453)
Net proceeds from issuance of preferred equity - consolidated joint venture 1,744 41,443
Net proceeds from common unit issuance 198,651 0
Net cash flow used in financing activities (229,143) (122,120)
Effect of exchange rate changes on cash (134) (52)
Net change in cash and cash equivalents 9,764 14,465
Cash and cash equivalents at beginning of periods 47,147 45,645
Cash and cash equivalents at end of periods 56,911 60,110
Supplemental cash flow information – interest paid, net of capitalized interest $ 55,215 $ 67,187